BALCON EAST
UrbanLens Analysis
BALCON EAST is a boutique freehold development of 37 units on UPPER EAST COAST ROAD in District 16. Located just 2 minutes on foot from Bayshore MRT, it benefits from excellent rail connectivity. However, there have been no meaningful resale transactions in recent periods, making current market pricing opaque.
Without recent transaction data, buyers must rely on the competitive set for pricing guidance. Nearby BAGNALL HAUS trades at $2,500 PSF. SCENECA RESIDENCE at $2,067 PSF provides another reference point, having shifted -0.8%. URBAN VISTA ($1,570 PSF) rounds out the local competitive picture.
District 16 private stock carries a median of $1,478 PSF and an average gross yield of 3.25%. With only 37 units, BALCON EAST is a boutique project where liquidity is inherently thin. Prospective buyers in this suburban pocket should factor in limited price discovery and potential resale difficulty when evaluating entry.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| BAGNALL HAUS | $2,500 | — | 0.0% |
| SCENECA RESIDENCE | $2,067 | — | -0.8% |
| URBAN VISTA | $1,570 | 4.0% | +3.9% |
| ECO | $1,521 | 3.9% | +5.0% |
| GRANDEUR PARK RESIDENCES | $1,965 | 3.3% | +10.0% |
PSF Trend
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