BUTTERWORTH VIEW

BUTTERWORTH LANE
RESALE CONDODistrict 15
Paya Lebar MRT · 7 min walk (599m)RCRFreehold
Total Units
49
2Y PSF Change
+5.5%
1 txns in 24m
vs District
-7%
D15 median: $1,689
Median PSF
1,513
3.8% QoQ
Total Sales
7
since 2022-02
Price Range
$1.7M$1.9M
all-time
Unit Size
1,215 sqft
Floors 111

UrbanLens Analysis

At $1,579 PSF, BUTTERWORTH VIEW prices 7% below the District 15 median. Compare that to MEYER BLUE at $3,205 PSF -- a 51% premium that buyers need to justify. The 7-minute walk to Paya Lebar MRT (599m) is workable, though not the kind of proximity that commands a premium on its own.

The 5.5% gain in two years signals steady demand -- solid, not speculative. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, GRAND DUNMAN has gained 0.4% over the same period.

The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.

At just 49 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit.

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
1,447
2022-Q1
1,480
2023-Q1
1,516
2023-Q2
1,496
2023-Q3
1,521
2024-Q1
1,579
2024-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Aug 2024
DatePriceSizePSFFloor
Aug 2024$1,920,0001,216 sqft$1,57911-15
Feb 2024$1,850,0001,216 sqft$1,52101-05
Sep 2023$1,820,0001,216 sqft$1,49606-10
Apr 2023$1,828,0001,206 sqft$1,51611-15
Feb 2023$1,800,0001,216 sqft$1,48001-05
Mar 2022$1,820,0001,227 sqft$1,48301-05
Feb 2022$1,700,0001,206 sqft$1,41011-15
Showing 7 of 7 transactions

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