BUTTERWORTH 8
UrbanLens Analysis
BUTTERWORTH 8 commands $1,980 PSF -- 17% above what District 15 typically fetches ($1,689 PSF). Paya Lebar MRT is 658m away (8-min walk), functional but not a headline selling point. Against MEYER BLUE at $3,205 PSF, the 38% discount is worth examining closely.
Prices are up 9.7% over two years, reflecting genuine buyer interest without bubble-level exuberance. 5 transactions over two years is modest; the trend is directional, not definitive. For context, TEMBUSU GRAND has lost 1.7% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. The 2.6% yield trails the RCR average of 3.5%. At $5,240/month median rent, this is a capital-appreciation bet, not an income play.
With 216 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 |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
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