Case Study - Is $3.0x m Really Too High for a Brand New 5-Bedroom in District 15?

Case Study: Is a $3.0xm Entry Price Too High for a District 15 5-Bedroom?

Recently, a brand new 5-bedroom unit in District 15 was launched with starting prices from $3.0xm. Many buyers have been asking whether this represents too high an entry price.

To address this, let’s look at actual resale data to understand demand, scarcity, and profitability of 5-bedroom units in District 15.

Study Scope

Using the PropNex app, the search focused on District 15 projects that TOP between 2015 and 2025, filtered for 5-bedroom resale transactions completed in the past 1 year.

Key Finding: Extreme Rarity

Across the entire district, only 2 projects appeared, with just 4 transactions in total.

• The Ramford (TOP 2022, 16 units total)

  • 5-bedroom resale transactions between $3.0m and $3.15m

  • One earlier transaction in Dec 2024 at $2.6m

• Straits Mansions (TOP 2020, 25 units total)

  • One 5-bedroom transaction at $3.07m in Apr 2025

Only four transactions in a full year highlights how rare 5-bedroom units are in District 15. Most owners are holding on rather than selling.

• as of 21 Dec 2025

Profitability and Performance

Scarcity is supported by performance.

• The Ramford recorded profits of up to $667,000 over 6 years across three profitable transactions.

• Straits Mansions saw a profit of $720,000 over 8 years, translating to an annualised gain of about 3.3%.

These results show that even small projects can deliver meaningful capital appreciation when the unit type is rare and demand is consistent.

So, is $3.0xm too high to enter?

Context matters. Buyers are already paying up to $3.15m for a resale 5-bedroom in District 15. Entering at a similar price point for a brand new unit provides a clear safety price gap, especially when factoring in newer specifications and longer holding runway.

• Supply is extremely limited

• Owners tend to hold, reinforcing scarcity

• Historical transactions show strong absolute profits and stable annualised growth

There are now very limited units left within this $3.0xm price range. Based on the PropNex Business Suite app, once these units are fully taken up, the next comparable 5-bedroom project starts from $4.xm.

For buyers evaluating District 15 5-bedrooms, the current pricing window represents a rare opportunity. Once this window closes, replacement cost moves materially higher.

Contact Me Now Before All The Remaining Units Are Gone