ARDMORE PARK
UrbanLens Analysis
ARDMORE PARK commands $4,160 PSF -- 89% above what District 10 typically fetches ($2,197 PSF). Newton MRT is 1011m away (13-min walk), functional but not a headline selling point.
The 3.0% slide over two years points to softening demand. Value hunters may see opportunity; others should wait for signs of stabilization. With 11 deals in two years, the pricing data has reasonable statistical weight. For context, CUSCADEN RESERVE has lost 19.9% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. The 1.8% yield trails the CCR average of 3.0%. At $18,347/month median rent, this is a capital-appreciation bet, not an income play.
With 330 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SKYE AT HOLLAND | $2,949 | — | 0.0% |
| UPPERHOUSE AT ORCHARD BOULEVARD | $3,309 | — | 0.0% |
| CUSCADEN RESERVE | $3,024 | 3.2% | -19.9% |
| D'LEEDON | $2,044 | 3.2% | +10.0% |
| 19 NASSIM | $3,381 | — | -2.1% |
PSF Trend
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