CASA MEYA
UrbanLens Analysis
CASA MEYA commands $1,821 PSF -- 2% above what District 13 typically fetches ($1,781 PSF). Potong Pasir MRT sits just 276m away (3-min walk), a clear connectivity win. Against THE WOODLEIGH RESIDENCES at $2,350 PSF, the 23% discount is worth examining closely.
Prices have surged 43.9% in two years. That is strong performance, though buyers entering now face elevated downside risk. 5 transactions over two years is modest; the trend is directional, not definitive. For context, THE TRE VER has gained 4.4% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 25-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| THE TRE VER | $1,977 | 3.6% | +4.4% |
| PARK COLONIAL | $2,247 | 3.7% | +6.7% |
| BARTLEY RIDGE | $1,885 | 3.2% | +12.0% |
| THE WOODLEIGH RESIDENCES | $2,350 | 3.5% | +5.7% |
| THE POIZ RESIDENCES | $2,016 | 3.9% | +8.5% |
PSF Trend
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