CASHEW HEIGHTS CONDOMINIUM
UrbanLens Analysis
CASHEW HEIGHTS CONDOMINIUM commands $1,522 PSF -- 3% above what District 23 typically fetches ($1,471 PSF). Cashew MRT sits just 324m away (4-min walk), a clear connectivity win. Against HILLHAVEN at $2,133 PSF, the 29% discount is worth examining closely.
Prices are up 6.0% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 12 deals in two years, the pricing data has reasonable statistical weight. For context, SOL ACRES has gained 7.7% over the same period.
The 999-year lease is freehold in all but name. Lease decay is irrelevant for any practical investment horizon, and financing terms mirror true freehold. Gross yield of 2.4% lags the OCR segment average of 3.4%. Investors here are betting on price growth over rental returns.
The 596-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| HILLHAVEN | $2,133 | — | +3.3% |
| LUMINA GRAND | $1,517 | — | -0.6% |
| SOL ACRES | $1,467 | — | +7.7% |
| THE MYST | $2,071 | — | -0.4% |
| THE BOTANY AT DAIRY FARM | $2,010 | — | -2.4% |
PSF Trend
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