CASA AL MARE
UrbanLens Analysis
At $1,858 PSF, CASA AL MARE prices 57% above the District 17 median. Compare that to KASSIA at $2,065 PSF -- a 10% premium that buyers need to justify. The 13-minute walk to Pasir Ris MRT (1002m) is workable, though not the kind of proximity that commands a premium on its own.
The 5.2% gain in two years signals steady demand -- solid, not speculative. Just 3 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, PARC OLYMPIA has gained 7.2% 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. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 49-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| COASTAL CABANA | $1,790 | — | 0.0% |
| KASSIA | $2,065 | — | 0.0% |
| HEDGES PARK CONDOMINIUM | $1,274 | 4.3% | +11.0% |
| PARC OLYMPIA | $1,192 | 4.5% | +7.2% |
| THE INFLORA | $1,320 | 4.1% | +4.5% |
PSF Trend
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