A TREASURE TROVE
UrbanLens Analysis
A TREASURE TROVE trades at $1,559 PSF, sitting 6% above the District 19 median of $1,472 PSF. At 19 minutes from Punggol MRT (1555m), transit access is passable but not a differentiator. CHUAN PARK fetches $2,596 PSF nearby -- that 40% gap frames A TREASURE TROVE's relative value proposition.
A 14.1% appreciation over two years is healthy without looking frothy. 84 transactions over two years gives deep liquidity and reliable pricing signals. For context, RIVERFRONT RESIDENCES has gained 6.8% over the same period.
With ~84 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. The 2.9% yield trails the OCR average of 3.4%. At $4,176/month median rent, this is a capital-appreciation bet, not an income play.
At 882 units, this is a mega-development. Maintenance economies and extensive amenities are the upside; oversupply during downturns is the risk.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| CHUAN PARK | $2,596 | 1.3% | 0.0% |
| THE FLORENCE RESIDENCES | $1,779 | 3.4% | +0.8% |
| AFFINITY AT SERANGOON | $1,794 | 3.5% | +2.6% |
| RIVERFRONT RESIDENCES | $1,706 | 3.7% | +6.8% |
| THE GARDEN RESIDENCES | $1,829 | 3.9% | +2.7% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.