CASA FLORA

SALAM WALK
RESALE CONDODistrict 16
Bedok South MRT · 6 min walk (519m)OCRFreehold
Total Units
30
2Y PSF Change
+0.0%
2 txns in 24m
vs District
-12%
D16 median: $1,478
Median PSF
1,175
11.3% QoQ
Total Sales
9
since 2021-03
Price Range
$1.7M$2.1M
all-time
Unit Size
1,618 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q3
Median PSF rose 11.3% quarter-on-quarter (from $1,169 in 2021-Q4 to $1,301 in 2024-Q3). Only 2 transactions this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $1,301 PSF, CASA FLORA prices 12% below the District 16 median. Compare that to BAGNALL HAUS at $2,500 PSF -- a 48% premium that buyers need to justify. The 6-minute walk to Bedok South MRT (519m) is workable, though not the kind of proximity that commands a premium on its own.

Prices have essentially flatlined over two years (+0.0%), suggesting a market in equilibrium. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, SCENECA RESIDENCE has lost 0.8% 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 30-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
BAGNALL HAUS$2,5000.0%
SCENECA RESIDENCE$2,067-0.8%
URBAN VISTA$1,5704.0%+3.9%
ECO$1,5213.9%+5.0%
GRANDEUR PARK RESIDENCES$1,9653.3%+10.0%

PSF Trend

Quarterly
1,001
2021-Q1
1,123
2021-Q3
1,169
2021-Q4
1,301
2024-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Sep 2024
DatePriceSizePSFFloor
Sep 2024$2,060,0001,561 sqft$1,32001-05
Jul 2024$2,000,0001,561 sqft$1,28101-05
Nov 2021$1,850,0001,561 sqft$1,18501-05
Nov 2021$1,800,0001,561 sqft$1,15301-05
Sep 2021$1,800,0001,561 sqft$1,15301-05
Sep 2021$1,785,0001,561 sqft$1,14401-05
Aug 2021$1,900,0001,841 sqft$1,03201-05
Jul 2021$1,720,0001,561 sqft$1,10201-05
Mar 2021$1,800,0001,798 sqft$1,00101-05
Showing 9 of 9 transactions

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