CASA RIVIERA

LIM TUA TOW ROAD
RESALE CONDODistrict 19
Serangoon MRT · 7 min walk (554m)OCRFreehold
Total Units
31
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,236
13.7% QoQ
Total Sales
3
since 2021-04
Price Range
$1.3M$1.7M
all-time
Unit Size
1,224 sqft
Floors 11
PSF MOVEMENT ALERT — 2023-Q4
Median PSF rose 13.7% quarter-on-quarter (from $1,133 in 2021-Q2 to $1,288 in 2023-Q4). Only 2 transactions this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

CASA RIVIERA is a freehold compact 31-unit development on LIM TUA TOW ROAD in District 19 (OCR). At 7 minutes from Serangoon MRT, connectivity is good and supports rental appeal. At $0 PSF it aligns with the D19 median of $1,472 PSF -- fairly priced by the district's own standard.

Limited recent transaction data makes it harder to gauge price momentum -- buyers should rely on comparable sales for price discovery. Against CHUAN PARK at $2,596 PSF (flat), it trades at a 0% discount.

Rental yield data is unavailable, though freehold tenure supports long-term capital preservation. Benchmark against D19 average yield of 3.4% before projecting returns. For comparison, THE FLORENCE RESIDENCES yields 3.41% at $1,779 PSF.

With only 31 units, resale liquidity is thin -- expect longer marketing periods and wider bid-ask spreads. Within the competitive set, AFFINITY AT SERANGOON at $1,794 PSF (+2.6%) provides a reference for local market direction.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
CHUAN PARK$2,5961.3%0.0%
THE FLORENCE RESIDENCES$1,7793.4%+0.8%
AFFINITY AT SERANGOON$1,7943.5%+2.6%
RIVERFRONT RESIDENCES$1,7063.7%+6.8%
THE GARDEN RESIDENCES$1,8293.9%+2.7%

PSF Trend

Quarterly
1,133
2021-Q2
1,288
2023-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Dec 2023
DatePriceSizePSFFloor
Dec 2023$1,700,0001,335 sqft$1,27401-05
Oct 2023$1,570,0001,206 sqft$1,30201-05
Apr 2021$1,280,0001,130 sqft$1,13301-05
Showing 3 of 3 transactions

Location

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