1 MOULMEIN RISE
UrbanLens Analysis
At $2,299 PSF, 1 MOULMEIN RISE prices 16% above the District 11 median. Compare that to WATTEN HOUSE at $3,264 PSF -- a 30% premium that buyers need to justify. Being 5 minutes on foot from Novena MRT (408m) adds genuine convenience and supports the pricing.
The 17.9% two-year surge looks impressive, but momentum like this rarely sustains. Proceed with caution. 4 transactions over two years is modest; the trend is directional, not definitive. For context, SANCTUARY@NEWTON has gained 1.7% over the same period.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 50-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| WATTEN HOUSE | $3,264 | — | +1.8% |
| SANCTUARY@NEWTON | $2,691 | — | +1.7% |
| AMARYLLIS VILLE | $2,060 | 3.0% | +8.8% |
| PARK INFINIA AT WEE NAM | $2,425 | 2.7% | +4.3% |
| SOLEIL @ SINARAN | $2,070 | 3.3% | +4.4% |
PSF Trend
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