OLA Residences @ Mountbatten: 1 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$2 million) The following below are similar assets located within the vicinityThe SoundOne AmberSuites @ East CoastParc EleganceCubik
DeveloperMountbatten Development Pte Ltd
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Recent search data shows the development continuing to attract browsing attention in the area, based on PropertyGuru search data over the past 30 days. Within the East Coast / Marine Parade market, it remains a visible option for active buyers reviewing their choices in the condominium segment. This presence in local search activity suggests the property remains part of the consideration set for those exploring residential opportunities in this district.
Most-searched Units: 3-BedroomPopular preferences: Gym
Pricing by Unit Types:
- 2-Bedroom Units:
- Avg Asking Price: S$ 2.19M
- Avg PSF: S$ 1,824 psf (21.73% lower compared to East Coast / Marine Parade average of S$ 2,331 psf)
- Available Units: 2
- TANJONG KATONG MRT STATION (529m, 6-7 mins) — Quick access to the Thomson-East Coast Line makes traveling to the Central Business District and Marina Bay incredibly fast.
- MARINE PARADE MRT STATION (989m, 11-12 mins) — Another convenient rail link that connects you to the heart of the East Coast's shopping and dining hub.
- ONE AMBER (11m, 1 min) — Right at your doorstep, providing immediate access to various bus routes for effortless travel around the neighborhood.
- OPPOSITE ONE AMBER (60m, 1 min) — Conveniently located across the road for quick return trips and additional route options.
- SHAWS CDLC @ MOUNTBATTEN PTE. LTD. (263m, 3-4 mins) — A well-regarded preschool nearby that is very handy for parents with young children.
- ZHICHENG PRIVATE SCHOOL (294m, 3-4 mins) — Specialized private education located just a short walk away for academic support.
- TANJONG KATONG PRIMARY SCHOOL (401m, 4-5 mins) — A popular local primary school within easy walking distance for families.
- CHAN FAMILY CLINIC (233m, 2-3 mins) — Reliable medical care just around the corner for all your family's basic health needs.
- INSYNC MEDICAL (712m, 8-9 mins) — Professional healthcare services nearby to ensure peace of mind for residents.
- FAIRPRICE FINEST (573m, 6-7 mins) — Premium grocery shopping nearby for your daily essentials and gourmet finds.
- KATONG V (574m, 6-7 mins) — A boutique mall offering a curated selection of retail and lifestyle services.
- COLD STORAGE MARKET PLACE - I12 KATONG (814m, 9-10 mins) — A major retail destination for high-quality produce and diverse shopping options.
- KATONG MEI WEI CHICKEN RICE (233m, 2-3 mins) — Famous local flavors located just minutes away for a quick and delicious meal.
- LITTLE ROGUE COFFEE (390m, 4-5 mins) — A charming local spot perfect for your morning caffeine fix or a weekend brunch.
- TOMI SUSHI (512m, 6-7 mins) — Quality Japanese dining within walking distance for a great evening out.
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: September 1, 2026














