Costa Rhu: Condo Guide to Prices, Unit Sizes, Location and Who It Suits

Costa Rhu is a long-established waterfront condo in Tanjong Rhu, facing the Kallang Basin with the city skyline across the water. Completed in the late 1990s, it is known for large units, a big site and a location a few minutes from Marina Bay. This guide covers the Costa Rhu facts, recent prices and rents, and who it suits, based on publicly reported information.

Costa Rhu at a glance

Sources: EdgeProp project page (URA records) and EdgeProp report of 29 Apr 2021, accessed 29 September 2026. Distances are straight-line estimates from OneMap coordinates; walking routes are longer.

Unit types and sizes

Costa Rhu is a project of big layouts. Floor plans on EdgeProp show two-, three- and four-bedroom units: many two-bedders start at about 990 sq ft, three-bedders commonly run from about 1,000 sq ft to over 2,000 sq ft, and four-bedders are roughly 1,970 to 2,650 sq ft. A small number of much larger units, such as penthouses, also appear in the records. Older condos often have more generous room sizes and fewer awkward corners than newer compact layouts, but also older kitchens and bathrooms, so budget for renovation. Our floor plan guide helps you compare.

We have not listed facilities because we could not confirm a current list from the developer or managing agent. Ask the MCST for the latest facilities, recent upgrading works and the sinking fund position, which matter more in an older development.

Costa Rhu prices and rents

Based on URA caveat data shown on EdgeProp (12 months to September 2026):

• Average resale price: about S$1,575 psf.
• Range: about S$1,165 to S$2,010 psf.
• Highest psf on record: S$2,131 psf in April 2025, for a 2,217 sq ft unit.
• Rents: averaging about S$4.3 psf per month (range roughly S$2.2 to S$6.0 psf pm), an implied gross yield of about 3.3%.

Because units are large, quantum is high even at a moderate psf: at the 12-month average, a 1,500 sq ft unit works out to about S$2.36 million, and a 2,200 sq ft unit about S$3.47 million (illustrative arithmetic only). For past context, EdgeProp reported in April 2021 that a 2,217 sq ft four-bedder sold for S$3.15 million (S$1,421 psf), having been bought in 1998 for S$1.01 million. EdgeProp’s records show a buyer mix of about 53% Singaporeans, 31% PRs and 14% foreigners. These are past figures, not predictions.

Location and amenities

Costa Rhu sits on the Tanjong Rhu peninsula, with Gardens by the Bay East about 710 m away in a straight line and the waterfront promenade around the Kallang Basin for walks, runs and cycling. Water sports are close by, with EdgeProp listing a sea sports club at Marina Bay about 230 m away. Kallang Wave Mall at the Sports Hub is roughly 960 m away, and supermarkets are nearby. The CBD, Marina Bay and Suntec are a short drive or a few stops by train.

For schools, EdgeProp lists Dunman High School about 1.8 km away. Check primary school distances on OneMap, as the Tanjong Rhu area has fewer schools within 1 km than many heartland estates.

Transport has improved since the Thomson-East Coast Line opened Tanjong Rhu station, which runs to Gardens by the Bay, Marina Bay and Outram Park. Nicoll Highway and Promenade on the Circle Line connect to the Downtown Line at Promenade and the wider network. Drivers are close to the ECP, the Nicoll Highway and the KPE.

Pros and cons

• Pros: waterfront setting minutes from Marina Bay; large units at a lower psf than most city-fringe new launches; three MRT lines within about 800 m; a large site (plot ratio 2.8) with blocks of 17 storeys rather than very tall towers.
• Cons: lease started in 1994, which affects CPF usage and financing for some future buyers; an older building with ongoing maintenance needs; high quantum because of large units; few primary schools within 1 km.

Who Costa Rhu suits

It suits buyers who want a lot of space near the city at a moderate psf: families who need four bedrooms, expatriate and PR households who like the waterfront, and people who work in the CBD or Marina Bay. The remaining lease matters more to buyers planning to hold for decades or to use CPF heavily, so check the CPF rules for your ages first; see our CPF for private property guide and leasehold vs freehold guide.

Resale condo or new launch?

Costa Rhu is RCR and city-close; LinkTown Residences (Hougang Central Residences) is an OCR new launch planned above Hougang MRT (NE14), with a mall and bus interchange on site. They answer different needs, but both come up for upgraders comparing space, lease and transport.

Costa Rhu gives much more space per dollar and a city-side address today, but with about 67 years left on the lease. LinkTown offers a full new lease, current layouts and a mall at the doorstep, at an expected psf roughly 60 to 65% higher, with completion expected around 2030/2031. Compare the options in our new launch vs resale guide, or read the LinkTown Residences overview and price page.

Next steps

More condo guides in Bedok and the east coast: Bedok Residences, Archipelago Condo, Seaside Residences.

If you are deciding between an older, larger unit near the city and a new integrated home, register your interest for LinkTown Residences prices and floor plans once released.

Information based on publicly reported data (EdgeProp, URA caveats) as at September 2026. Past prices do not predict future prices. Verify details with URA, the MCST and CPF Board before buying.