CENTRAL GREEN CONDOMINIUM
UrbanLens Analysis
CENTRAL GREEN CONDOMINIUM commands $1,717 PSF -- 21% below what District 03 typically fetches ($2,186 PSF). Tiong Bahru MRT sits just 165m away (2-min walk), a clear connectivity win. Against ZYON GRAND at $3,046 PSF, the 44% discount is worth examining closely.
Prices are up 14.1% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 24 deals in two years, the pricing data has reasonable statistical weight. For context, STIRLING RESIDENCES has gained 5.5% over the same period.
Around 65 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Gross yield of 3.3% tracks the RCR average of 3.5%. At $6,226/month median rent, income is market-rate -- neither a standout nor a weakness.
With 412 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| ZYON GRAND | $3,046 | — | 0.0% |
| PENRITH | $2,793 | — | 0.0% |
| PROMENADE PEAK | $2,931 | — | 0.0% |
| STIRLING RESIDENCES | $2,359 | 3.6% | +5.5% |
| AVENUE SOUTH RESIDENCE | $2,282 | 3.4% | -2.8% |
PSF Trend
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