CHAPEL COURT
UrbanLens Analysis
CHAPEL COURT is a boutique freehold development of 20 units on SEA AVENUE in District 15. Located just 5 minutes on foot from Marine Parade MRT, it benefits from excellent rail connectivity. However, there have been no meaningful resale transactions in recent periods, making current market pricing opaque.
Without recent transaction data, buyers must rely on the competitive set for pricing guidance. Nearby EMERALD OF KATONG trades at $2,628 PSF. THE CONTINUUM at $2,869 PSF provides another reference point, having shifted +5.0%. GRAND DUNMAN ($2,533 PSF) rounds out the local competitive picture.
District 15 private stock carries a median of $1,689 PSF and an average gross yield of 3.06%. With only 20 units, CHAPEL COURT is a boutique project where liquidity is inherently thin. Prospective buyers in this city fringe pocket should factor in limited price discovery and potential resale difficulty when evaluating entry.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
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