BELMOND GREEN
UrbanLens Analysis
BELMOND GREEN trades at $2,700 PSF, sitting 23% above the District 10 median of $2,197 PSF. At 10 minutes from Stevens MRT (784m), transit access is passable but not a differentiator. 19 NASSIM fetches $3,381 PSF nearby -- that 20% gap frames BELMOND GREEN's relative value proposition.
A 15.1% jump over two years is aggressive -- late buyers risk overpaying near a cyclical peak. With 12 deals in two years, the pricing data has reasonable statistical weight. For context, CUSCADEN RESERVE has lost 19.9% 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. The 2.2% yield trails the CCR average of 3.0%. At $6,251/month median rent, this is a capital-appreciation bet, not an income play.
With 211 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
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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