Ola Residences
About Ola Residences
Ola Residences is a freehold Generic Condo development located in Marine Parade, District 15. Completed in 2012, it has a total of 3 blocks within the development and comprises a total of 50 units. It is within walking distance to MRT stations such as Tanjong Katong MRT and Marine Parade MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Ola Residences is also close to schools like Shaws Preschool @ Mountbatten Road, Canadian International School (Tanjong Katong Campus) and Canadian International School of Singapore. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Bbs Resource Trading Pte Ltd. and Giant Hyper - Parkway Parade for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Lau Clinic And Surgery. Katong Post Office is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Haig Walk, to enjoy some fresh air.
Key Property Details
Project Name | Ola Residences |
|---|---|
Address | 839 Mountbatten Road, Singapore 437831 View on map |
Nearest MRT | Tanjong Katong MRT · 6 min walk |
TOP date | 1 Jan 2012 |
Tenure | Freehold |
Project Size | Small (50 units) |
Number of Units | 50 |
Bedrooms | 1, 2, 3, 4 |
District | D15 |
Neighbourhood | Marine Parade |
Blocks | 3 |
Property type | Generic Condo |
Developer | Mountbatten Development Pte Ltd |
Buildings in Ola Residences
- 837 Mountbatten Road437830
- 839 Mountbatten Road437831
- 841 Mountbatten Road437832
Facilities for Ola Residences
BBQ
Gym
Jacuzzi
Parking
Pavilion
Playground
Sauna
Security
Floor Plans
Ola Residences has a total of 50 units, from 1 Bed - 1 Bath to 4 Beds - 4 Bath units. There are 18 types of floor plan from 732 sqft to 3,208 sqft
Total floor plans
18 Types
Bedroom type
1, 2, 3, 4
Floor plans for Ola Residences
All
1
2
3
4
Site Plans
Ola Residences has 0 stack, 3 blocks and up to 0 storey.
Total blocks
3 Blocks
Total units
50 Units
Site plans and elevation charts for Ola Residences
Site Map of Ola Residences
Pricing & Transaction History
Sale transaction history for Ola Residences
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date sold | Block | Unit | Beds | PSF | Area
(sqft) | Price sold |
|---|---|---|---|---|---|---|
09/2025 | 839 | #05-xx | 4 BR | S$ 1,466 | 3,240 | S$ 4.750M |
08/2025 | 839 | #05-xx | 4 BR | S$ 1,239 | 3,228 | S$ 4.000M |
04/2025 | 839 | #01-xx | 4 BR | S$ 1,992 | 2,164 | S$ 4.310M |
12/2024 | 837 | #05-xx | 3 BR | S$ 1,534 | 2,874 | S$ 4.409M |
07/2024 | 839 | #01-xx | 3 BR | S$ 1,910 | 1,550 | S$ 2.960M |
07/2023 | 839 | #0x-xx | 2 BR | S$ 1,559 | 1,442 | S$ 2.248M |
06/2022 | 837 | #0x-xx | 1 BR | S$ 1,448 | 732 | S$ 1.060M |
12/2021 | 839 | #0x-xx | 4 BR | S$ 1,713 | 1,926 | S$ 3.300M |
11/2021 | 839 | #0x-xx | 2 BR | S$ 1,449 | 1,001 | S$ 1.450M |
10/2021 | 837 | #0x-xx | 3 BR | S$ 1,650 | 1,636 | S$ 2.700M |
07/2021 | 839 | #0x-xx | 3 BR | S$ 1,584 | 1,915 | S$ 3.034M |
04/2021 | 839 | #0x-xx | 4 BR | S$ 1,115 | 3,229 | S$ 3.600M |
12/2020 | 841 | #0x-xx | 1 BR | S$ 1,475 | 732 | S$ 1.080M |
11/2020 | 839 | #0x-xx | 3 BR | S$ 1,470 | 1,497 | S$ 2.200M |
12/2019 | 839 | #0x-xx | 4 BR | S$ 1,363 | 2,164 | S$ 2.950M |
11/2019 | 839 | #0x-xx | 2 BR | S$ 984 | 1,443 | S$ 1.420M |
07/2019 | 837 | #0x-xx | 1 BR | S$ 1,427 | 743 | S$ 1.060M |
06/2019 | 841 | #0x-xx | 2 BR | S$ 1,007 | 1,410 | S$ 1.420M |
07/2018 | 837 | #0x-xx | 1 BR | S$ 1,564 | 732 | S$ 1.145M |
04/2018 | 839 | #0x-xx | 3 BR | S$ 1,323 | 1,550 | S$ 2.050M |
Rent transaction history for Ola Residences
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date | Beds | PSF | Area
(sqft) | Price |
|---|---|---|---|---|
04/2026 | 3 BR | S$ 4.84 | 1,500-1,600 | S$ 7,500 |
01/2026 | 2 BR | S$ 3.07 | 1,400-1,500 | S$ 4,600 |
10/2025 | 2 BR | S$ 4.04 | 900-1,000 | S$ 4,000 |
09/2025 | 2 BR | S$ 3.11 | 1,400-1,500 | S$ 4,650 |
08/2025 | 2 BR | S$ 4.49 | 900-1,000 | S$ 4,450 |
07/2025 | 3 BR | S$ 3.23 | 2,900-3,000 | S$ 9,500 |
07/2025 | 4 BR | S$ 3.25 | 3,200-3,300 | S$ 10,500 |
06/2025 | 3 BR | S$ 4.40 | 1,600-1,700 | S$ 7,200 |
06/2025 | 3 BR | S$ 4.55 | 1,400-1,500 | S$ 6,800 |
05/2025 | 2 BR | S$ 3.84 | 900-1,000 | S$ 3,800 |
05/2025 | 4 BR | S$ 4.69 | 1,900-2,000 | S$ 9,000 |
04/2025 | 2 BR | S$ 4.70 | 1,000-1,100 | S$ 4,700 |
03/2025 | 3 BR | S$ 4.16 | 1,600-1,700 | S$ 6,800 |
11/2024 | 1 BR | S$ 4.99 | 700-800 | S$ 3,650 |
08/2024 | 2 BR | S$ 4.55 | 900-1,000 | S$ 4,500 |
08/2024 | 4 BR | S$ 3.25 | 3,200-3,300 | S$ 10,500 |
07/2024 | 2 BR | S$ 5.00 | 1,000-1,100 | S$ 5,000 |
06/2024 | 3 BR | S$ 3.13 | 2,800-2,900 | S$ 9,000 |
05/2024 | 3 BR | S$ 4.40 | 1,600-1,700 | S$ 7,200 |
05/2024 | 2 BR | S$ 3.84 | 900-1,000 | S$ 3,800 |
Payment structure & financing options
Sale price
Mortgage calculation
on 2% interest rate
S$ 4,158
/month
Downpayment (25%)
S$ 375k
Loan amount (75%)
S$ 1.13m
Tenure (yrs)
5
35
Loan (%)
10
75
Interest (%)
0
5
Max your HDB Sale
99 Concierge turns your flat into Condo cash.
Location
Location of Ola Residences
Taxi
Public Transport
Driving
Add locations your travel to frequently to calculate travel time
1 Transfer
S$ 1.54
1 Transfer
S$ 1.17
1 Transfer
S$ 1.39
Amenities nearby Ola Residences
Schools | Distance |
|---|---|
Shaws Preschool @ Mountbatten Road | 2 mins (81 m) |
Canadian International School (Tanjong Katong Campus) | 3 mins (160 m) |
Canadian International School of Singapore | 3 mins (194 m) |
MRT Stations | Distance |
|---|---|
Tanjong Katong | 7 mins (456 m) |
Marine Parade | 932 m |
Dakota | 1.3 km |
Supermarkets | Distance |
|---|---|
FairPrice Finest - Katong Village | 7 mins (467 m) |
I-Tec Supermart Pte Ltd | 556 m |
Bbs Resource Trading Pte Ltd. | 631 m |
Parks | Distance |
|---|---|
Haig Walk | 7 mins (488 m) |
Coastal Playgrove | 676 m |
Propstation | 737 m |
Property Insights
Profitability (All time)
2 profitable transactions in the past 1 year
2.5 - 3.1%
gain per year, avg. years held 10.2
Rent price trend overtime
1M
3M
6M
1Y
5Y
10Y
Data Source: URA, Realis and 99.co
Powered by 99.co Researcher
The average rent is S$ 3.96 PSF over the past six months and S$ 3.89 PSF over the year. Recent rental deals include the latest at S$ 7,500, with the highest rent reaching S$ 11,500.
Nearby condo project comparison
Project | Tenure | TOP | MRT Distance | Price range (Sale) | Avg. Price (Sale) | Price range (Rent) | Avg. Price (Rent) | Rental Yield |
|---|---|---|---|---|---|---|---|---|
| Ola Residences | Freehold | 2012 | TE 25  6 mins (459m)Tanjong Katong MRT | 1,949.49 - 2,048.23 psf | 1,998.86 psf | 2,500 - 11,500 /mo | 4,918.01 /mo | 3.51% |
| Emerald of Katong | 99 yrs | 2029 | TE 25 8 mins (632m)Tanjong Katong MRT | 1,982.91 - 3,397.51 psf | 2,795.37 psf | - | - | - |
| 833 MB Residences | Freehold | 2012 | TE 25 6 mins (411m)Tanjong Katong MRT | 655.02 - 1,669.15 psf | 1,046.97 psf | 6,300 /mo | 6,300 /mo | - |
| Mountbatten Suites | Freehold | 2012 | TE 25 7 mins (550m)Tanjong Katong MRT | 1,826.48 psf | 1,826.48 psf | 3,280 - 5,500 /mo | 4,763.33 /mo | - |
| One Amber | Freehold | 2010 | TE 25 4 mins (303m)Tanjong Katong MRT | 2,008.89 - 2,716.54 psf | 2,521.89 psf | 3,980 - 9,000 /mo | 6,997.5 /mo | 2.58% |
| Tessa Lodge | Freehold | 2008 | TE 25 6 mins (430m)Tanjong Katong MRT | 1,501.89 - 1,805.74 psf | 1,653.82 psf | 2,000 - 6,000 /mo | 3,464.29 /mo | - |
| The Esta | Freehold | 2008 | TE 25 6 mins (457m)Tanjong Katong MRT | 2,405.48 - 2,812.3 psf | 2,609.35 psf | 5,500 - 15,000 /mo | 8,033.75 /mo | 2.41% |
| East Mews | Freehold | 2007 | TE 25 7 mins (506m)Tanjong Katong MRT | 401.03 - 1,838.44 psf | 820.01 psf | 1,250 - 5,000 /mo | 3,125 /mo | 2.66% |
| Mountbatten Regency | Freehold | 2007 | TE 25 6 mins (403m)Tanjong Katong MRT | 1,478.35 psf | 1,478.35 psf | 3,000 - 3,400 /mo | 3,133.33 /mo | - |
FAQs
General FAQs
When did the Ola Residences TOP?
Ola Residences obtained its TOP (Temporary Occupation Permit) in 2012.
What is the address of Ola Residences?
The address of Ola Residences is 839 Mountbatten Road, Singapore.
What is the tenure for Ola Residences?
The tenure of Ola Residences is Freehold, starting from 2012. Upon expiration, the land reverts to the state unless the lease is renewed.
How many units are there in Ola Residences?
Ola Residences has a total of 50 residential units with numerous bedroom configurations to choose from.
How many blocks does Ola Residences have?
Ola Residences has a total of 3 blocks within the development.
What is the postal code of Ola Residences?
The postal code of Ola Residences is 437831.
Where to get floor plans for Ola Residences?
You can find the floor plan layouts and unit configurations of Ola Residences in the Floor Plan section above.
Where can I find the Ola Residences Site Plan?
You can view the site plans and elevation charts for Ola Residences in the Site Plan section above.
Located FAQs
What is the nearest MRT Station to Ola Residences?
Ola Residences is well-served by nearby MRT/LRT stations, such as Tanjong Katong which is close to the development.
What are the schools nearby Ola Residences?
Some of the nearest schools from Ola Residences are Shaws Preschool @ Mountbatten Road, Canadian International School (Tanjong Katong Campus) and Canadian International School of Singapore, providing families with quality education close to home.
Where are the bus stops near Ola Residences?
Several bus stops can be found near Ola Residences, such as Opposite Maryland Park, Maryland Park and One Amber which is located close to the development.
What condo facilities are available to residents of Ola Residences?
Some facilities at Ola Residences are available, such as BBQ, Gym and Jacuzzi. Ensuring the lifestyle convenience of every resident.
Price FAQs
What is the rental price of Ola Residences?
The average rent at Ola Residences in the past 6 months is S$ 6.05K, depending on unit size and type.
What is the price range of units in Ola Residences?
The price range of units for sale in Ola Residences is S$ 1,930,000 ~ S$ 2,888,000. The prices depend on size, location within the development, and the overall demand in the new launch market.
What is the average PSF for Ola Residences?
The current price per square foot (PSF) at Ola Residences averages around S$ 1,949 psf ~ S$ 2,048 psf, depending on the unit type, floor, and view.
Investment & Finance FAQs
What is the rental yield at Ola Residences?
The latest data puts the average gross rental yield at ≈ 4%.
How much upfront cash/CPF do I need for a S$ 1,930,000 unit at Ola Residences?
At a 75% LTV, the down-payment is S$ 482,500 (25%), of which at least S$ 96,500 (5%) must be in cash; the balance can come from CPF OA savings.
What property-tax rates apply if I rent out my unit at Ola Residences?
Non-owner-occupied residential property at Ola Residences is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 2026. Owner-occupiers enjoy lower 0%–32% rates.
Property News
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About the information on this page
The information on this page contains the latest available details about this development which is a mix of information generated by the 99.co team and facts obtained from official developer sources. This includes, and is not limited to, the official developer brochure, to bring you the most accurate information to help with your choice of condo.
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