Swee Homes

The Makena

The Makena is a condominium in District 15 (East Coast / Marine Parade), in the Rest of Central Region. In the 12 months to August 2026, the median price was S$2,244 psf from 12 sales.

At a glance

District
District 15 (East Coast / Marine Parade)
Region
Rest of Central Region
Type
Condominium
Tenure
Freehold
Completed
1998, about 28 years old

What the prices say

The median home in The Makena sold for S$2,815,000: the middle of 12 sales in the 12 months to August 2026.

That is well above the middle condo project in District 15 (East Coast / Marine Parade), which sold at S$1,754 psf across 252 projects: about 28% higher. By price per square foot it ranks 28th of the 60 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,615 psf in 2021 (24 sales) and S$2,301 psf in 2026 so far (5 sales), up about 42%. The highest year in the record was 2025 at S$2,155 psf.

Higher floors sold for more here: floor 21 and above at S$2,201 psf against S$1,819 psf on floors 1 to 5, about 21% more per square foot (24 months).

By unit size (24 months): 900 to 1,199 sq ft at S$2,161 psf and 1,500 sq ft and over at S$2,148 psf. Price per square foot was similar across sizes.

Against similar projects in the district

This project and the three others in District 15 (East Coast / Marine Parade) whose median over the last 12 months is closest to The Makena's S$2,244 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$2,291 psf, about the same as The Makena (within 3%).

Projects in District 15 (East Coast / Marine Parade) closest in price to The Makena, 12 months to August 2026
ProjectMedian price per sq ftSales
The MakenaS$2,244 psf12
The WatersideS$2,291 psf12
Koon Seng HouseS$2,302 psf7
The Shore ResidencesS$2,180 psf18

What sells here

12 homes sold in the last 12 months, down from 19 in the 12 months before.

The most common size was 1,500 sq ft and over, with 15 of the 31 sales in the last 24 months, close to half.

None of the 31 sales in the last 24 months were first sales of new units: all 31 were resales.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$6,000 a month (129 contracts). The district's median across every contract was S$4,650, so rents here ran well above it: about 29% higher.

Over the 24 months the median rent was S$6,000 (248 contracts), the same as the latest 12 months.

By bedrooms: 2 bedrooms S$4,200 (8) and 3 bedrooms S$6,100 (121). The figure in brackets is the number of contracts.

Setting rent against price for 900 to 1,199 sq ft homes (31 rentals and 6 resale or sub-sale transactions) gives a gross yield estimate of 2.2%: a median rent of S$4,700 a month against a median price of S$2,560,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Across 2 size ranges the estimate runs from 2.2% to 2.2%.

1,500 sq ft and over: 2.2% (rent S$6,300 a month, price S$3,507,500).

Age and lease

9 other projects in District 15 (East Coast / Marine Parade) were completed within 5 years of The Makena and have a price. Their middle price was S$1,714 psf, so The Makena sold well above projects of a similar age: about 31% higher.

The land is freehold: the title has no end date.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in The Makena. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in The Makena?

S$2,244 psf in the 12 months to August 2026, from 12 sales. For the median home that is S$2,815,000.

How many homes sold in The Makena?

12 in the last 12 months and 31 in the last 24 months, across all sale types.

What do homes in The Makena rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$6,000 a month, from 129 contracts.

What is the rental yield in The Makena?

Between 2.2% and 2.2% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.

Is The Makena freehold or leasehold?

Freehold: the title has no end date.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for The Makena
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$2,244 psfS$2,815,00012
Last 24 monthsS$2,140 psfS$2,720,00031
Last 5 yearsS$1,891 psfS$2,700,00073

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for The Makena
YearMedian price per sq ftSales
2021S$1,615 psf24
2022S$1,801 psf17
2023S$1,865 psf14
2024S$1,968 psf13
2025S$2,155 psf18
2026 (to August)S$2,301 psf5

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for The Makena, last 24 months
Floor rangeMedian price per sq ftSales
Floors 1 to 5S$1,819 psf5
Floors 6 to 10S$2,155 psf10
Floors 11 to 15S$2,161 psf5
Floors 16 to 20S$2,119 psf5
Floor 21 and aboveS$2,201 psf6

Price by unit size

Median price per sq ft by unit size for The Makena, last 24 months
SizeMedian price per sq ftSales
900 to 1,199 sq ftS$2,161 psf13
1,500 sq ft and overS$2,148 psf15

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rent against price for The Makena, by size

Rents

Rents for The Makena
PeriodMedian rentContracts
Last 12 monthsS$6,000 a month129
Last 24 monthsS$6,000 a month248
Rents for The Makena by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomUnder 5 contracts0Under 5 contracts
2 bedroomsS$4,200 a month8S$4,200 a month
3 bedroomsS$6,100 a month121S$6,000 a month
4 or more bedroomsUnder 5 contracts0Under 5 contracts

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in The Makena, with a likely range and the recent sales behind it. Sign in is free.

Open The Makena in Condo Atlas

Other condos in District 15 (East Coast / Marine Parade)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.