CELADON VIEW
UrbanLens Analysis
CELADON VIEW commands $1,053 PSF -- NaN% below what District 17 typically fetches ($0 PSF). Pasir Ris MRT is 1017m away (13-min walk), functional but not a headline selling point.
The 10.6% two-year decline puts this in correction territory. Catching a falling knife requires a strong view on why the trend reverses. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals.
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. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
At just 27 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit. In the Outside Central region, price sensitivity runs high. The value-for-money equation must be compelling to attract buyers.
PSF Trend
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