ASPEN LOFT

JOO CHIAT TERRACE
RESALE CONDODistrict 15
Eunos MRT · 8 min walk (609m)RCRFreehold
Total Units
29
2Y PSF Change
-0.9%
2 txns in 24m
vs District
-20%
D15 median: $1,689
Median PSF
1,283
10.2% QoQ
Total Sales
7
since 2021-08
Price Range
$1.4M$2.3M
all-time
Unit Size
1,309 sqft
Floors 11
PSF MOVEMENT ALERT — 2025-Q2
Median PSF fell 10.2% quarter-on-quarter (from $1,425 in 2025-Q1 to $1,279 in 2025-Q2). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

ASPEN LOFT trades at $1,352 PSF, sitting 20% below the District 15 median of $1,689 PSF. At 8 minutes from Eunos MRT (609m), transit access is passable but not a differentiator. MEYER BLUE fetches $3,205 PSF nearby -- that 58% gap frames ASPEN LOFT's relative value proposition.

Prices have essentially flatlined over two years (-0.9%), suggesting a market in equilibrium. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, THE CONTINUUM has gained 5.0% over the same period.

Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 29-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,239
2021-Q3
990
2022-Q1
1,194
2022-Q2
1,443
2023-Q3
1,364
2023-Q4
1,425
2025-Q1
1,279
2025-Q2

Recent Transactions

Data refreshed monthly · Last transaction: May 2025
DatePriceSizePSFFloor
May 2025$2,300,0001,798 sqft$1,27901-05
Feb 2025$1,610,0001,130 sqft$1,42501-05
Dec 2023$1,380,0001,012 sqft$1,36401-05
Jul 2023$1,460,0001,012 sqft$1,44301-05
Apr 2022$1,530,0001,281 sqft$1,19401-05
Feb 2022$1,779,9001,798 sqft$99001-05
Aug 2021$1,400,0001,130 sqft$1,23901-05
Showing 7 of 7 transactions

Location

Open in full map

Own a unit here?

Get an instant valuation based on real transaction data for your floor and unit size.

🏠
Check Your Value
Floor-adjusted valuation based on $1,283 PSF median
Get Valuation →
🗺️
Explore on Map
See nearby condos, compare PSF trends
Open Map