CANNAVILLE

DUKU ROAD
RESALE CONDODistrict 15
Marine Parade MRT · 9 min walk (741m)RCRFreehold
Total Units
23
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,281
15.2% QoQ
Total Sales
3
since 2021-08
Price Range
$1.4M$1.7M
all-time
Unit Size
1,234 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q1
Median PSF rose 15.2% quarter-on-quarter (from $1,239 in 2023-Q1 to $1,427 in 2024-Q1). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

CANNAVILLE on DUKU ROAD in District 15 (East Coast / Marine Parade) has seen zero caveated transactions over the past 24 months. With the District 15 median at $1,689 PSF, there is no recent data to confirm where CANNAVILLE currently sits within the Rest of Central Region pricing hierarchy.

Freehold tenure is a structural positive, protecting against the lease-decay discount that erodes values in ageing leasehold estates nearby.

At 23 units, the development is small enough that extended quiet periods are normal, though prospective buyers should verify whether any en bloc potential exists.

For pricing context, EMERALD OF KATONG trades at $2,628 PSF and THE CONTINUUM at $2,869 PSF. These benchmarks suggest CANNAVILLE would likely transact well below these newer developments, but the exact discount remains speculative until a deal clears.

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
1,178
2021-Q3
1,239
2023-Q1
1,427
2024-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Feb 2024
DatePriceSizePSFFloor
Feb 2024$1,720,0001,206 sqft$1,42701-05
Feb 2023$1,600,0001,292 sqft$1,23901-05
Aug 2021$1,420,0001,206 sqft$1,17801-05
Showing 3 of 3 transactions

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