OLA Residences @ Mountbatten: 2 Units for Sale
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District 15 is home to Ola Residences, a very majestically well-built condominium of choice. The brilliantly erected architectural structure was the mind of Mountbatten Development Pte Ltd, a subsidiary wholly owned by Lian Beng Group Ltd. Nestled alongside Mountbatten Road, this particular building holds 50 luscious units and stands at only 5 storeys high. Lian Beng Group is one of Singapore's major home-grown building construction groups with integrated civil engineering and construction support service capabilities. The Group is principally involved in the construction of residential, industrial commercial projects, and civil engineering projects as a main contractor. Besides looking mighty majestic on the exterior, this prime condominium complex of choice presents a horde of facilities for residents to indulge in. First and foremost, there are designated barbeque pits available at one’s disposal. It is a good way for families and even friends to strengthen bonds with each other. Besides that, a gymnasium, swimming pool and sauna room is made available for the health enthusiast. Apart from the availability of the jacuzzi to unwind and cool off after a long day, residents also benefit from a well- equipped playground, located within the premise. Families can be in close proximity and watch their kids as they play in a safe and guarded environment all while socializing with other residents as well. Apart from that, the provision of a basement car park is provided to preserve, protect and secure vehicles against harsh weather conditions. Moreover, residents are at all times kept under the watchful eyes of around the clock security work force The developers of this meticulously well-planned project ensured that the building space was procured within the rise of urban business and development city centers. Apart from its commercial value alone, this particular complex is nearby to prominent landmarks such as Time Capsule, Changi City Point, Gardens By The Bay as well as Singapore Botanic Garden. Besides that, residents can drive down to Parkway Parade which so happens to be a 1 stop shopping destination center of the district. Rest assured any living need or want can be easily met as there are plenty of conveniences made available for residents to pick and choose; from supermarkets to entertainment establishment, various dining outlets, financial institutions, clinics and the list goes on. The inhabitants of OLA Residences are completely spoilt for choices and it makes sense as to why this fine residence is highly sought after. Besides that, getting to the Business Hub takes only slightly more than 10 minutes, that is, if the East Coast Parkway is utilized. Alternatively, there are several MRT Stations located within a stone’s throw away from the residence. They include CC8 Dakota MRT Station, TE24 Katong Park MRT Station and EW8 Paya Lebar MRT Station. Vatan SeDelicious Boneless Chicken RiceMan Zhu RestaurantMooloolabarTomi Sushi Katong Shopping CentreParkway ParadeGiantMakena's MartFish Mart SAKURAYA Canadian International SchoolVoice Works Language CentreZhicheng Private SchoolSt Hilda's KindergartenPrimary & Secondary School of Tanjong Katong Katong ParkHaig WalkChung Cheng LakeCeylon Road Interim ParkCarpmael Park Cornerstone Community ChurchSaint Hilda's Church Marine ParadeSadhu Vaswani CentreIndonesian Full Gospel FellowshipFaith Community Baptist Church Construction of OLA Residences came to a halt in 2012. Specially developed by Mountbatten Development Pte Ltd, this building is 5 storeys high and consists of 50 beautiful units. With value ranging from S$1.9 million – S$3.8 million and considering the many advantages derived from living in such a residence as listed above, this freehold complex is sure selling like hot cakes. Project Name: OLA Residences @ MountbattenType: CondominiumDistrict: 15 Unit Types:4- bedroom 4- bathroom (2164 square feet, S$3.3 million)4- bedroom 3- bathroom (3198 square feet, S$3.8 million)2- bedroom 3- bathroom (1378 square feet, S$1.9 million)2- bedroom 2- bathroom (1378 square feet, S$2 million) The following below are similar assets located within the vicinityThe SoundOne AmberSuites @ East CoastParc EleganceCubik
DeveloperMountbatten Development Pte Ltd
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Recent search data shows the development continuing to attract browsing attention in the East Coast / Marine Parade area, according to PropertyGuru search trends over the past month. This project maintains its presence among active property seekers reviewing options within the local condominium market.
Most-searched Units: 4-BedroomPopular preferences: Gym
Pricing by Unit Types:
- 2-Bedroom Units:
- Avg Asking Price: S$ 2.89M
- Avg PSF: S$ 2,048 psf (12% lower compared to East Coast / Marine Parade average of S$ 2,328 psf)
- Available Units: 1
- 4-Bedroom Units:
- Avg Asking Price: S$ 4.88M
- Avg PSF: S$ 1,683 psf (35.79% lower compared to East Coast / Marine Parade average of S$ 2,621 psf)
- Available Units: 1
- TANJONG KATONG MRT STATION (529m, 6-7 mins) — This nearby station on the Thomson-East Coast Line provides a direct and speedy link to the Central Business District and Orchard Road.
- MARINE PARADE MRT STATION (989m, 11-12 mins) — A convenient alternative that connects residents to the heart of Marine Parade’s bustling town centre.
Bus Stops (44 within 1 km):
- ONE AMBER (11m, 1 min) — Located right outside the development, this stop serves multiple routes for a very easy daily commute.
- OPPOSITE ONE AMBER (60m, 1 min) — Quick access to bus services heading towards the city or further east.
Education & Early Learning:
- SHAWS CDLC @ MOUNTBATTEN PTE. LTD. (263m, 3-4 mins) — A reputable early childhood centre located just a short walk away, ideal for parents with young toddlers.
- CANADIAN INTERNATIONAL SCHOOL (CISS) - TANJONG KATONG CAMPUS (380m, 4-5 mins) — A well-known international campus nearby that offers high-quality education within the immediate neighbourhood.
- TANJONG KATONG PRIMARY SCHOOL (401m, 4-5 mins) — A popular local primary school situated within a comfortable walking distance for young students.
Healthcare & Wellness:
- CHAN FAMILY CLINIC (233m, 2-3 mins) — Reliable medical care is available just around the corner for routine check-ups and family healthcare needs.
- INSYNC MEDICAL (712m, 8-9 mins) — A modern healthcare facility nearby providing specialized medical services and wellness support.
Shopping & Retail:
- FAIRPRICE FINEST (573m, 6-7 mins) — Premium grocery shopping is a breeze with this well-stocked supermarket located just a few minutes away.
- KATONG V (574m, 6-7 mins) — A boutique lifestyle mall that offers a curated selection of retail shops and services for a relaxed shopping experience.
- COLD STORAGE MARKET PLACE - I12 KATONG (814m, 9-10 mins) — This major retail hub provides extensive dining, entertainment, and high-end grocery options for the whole family.
Dining & Food:
- KATONG MEI WEI CHICKEN RICE (233m, 2-3 mins) — Enjoy famous local flavors just a short stroll from home at this popular dining spot.
- LITTLE ROGUE COFFEE (390m, 4-5 mins) — A charming local cafe perfect for weekend brunches or a quick caffeine fix in a relaxed setting.
- TOMI SUSHI (512m, 6-7 mins) — Quality Japanese cuisine is easily accessible for residents looking for a premium dining experience nearby.
Places of Worship:
- CORNERSTONE COMMUNITY CHURCH (483m, 5-6 mins) — A local community church located conveniently nearby for residents.
- SRI SENPAGA VINAYAGAR TEMPLE (676m, 8-9 mins) — A beautiful and historic place of worship situated within the Katong heritage area.
Highly attractive for: Young Families, Urban Professionals, Investors, and Established Couples
OLA Residences @ Mountbatten exhibits a stable market presence with a focus on rental performance in the Mountbatten area.
- PSF Appreciation: S$1,559 → S$1,466 over recent years (-5.97%) from 2023 - 2025.
- Expected Rental Yield: At 1.87%, this reflects a moderate return for investors.
- Transactions: 2 rental transactions in the last 6 months, indicating modest rental activity.
- PG Pulse Insight: OLA Residences @ Mountbatten maintains a moderate rental yield of 1.87% despite a recent PSF adjustment, supported by modest rental activity.
Published date: June 2, 2026









