CHAPEL LODGE
UrbanLens Analysis
CHAPEL LODGE commands $1,676 PSF -- 1% below what District 15 typically fetches ($1,689 PSF). Marine Parade MRT is 725m away (9-min walk), functional but not a headline selling point. Against MEYER BLUE at $3,205 PSF, the 48% discount is worth examining closely.
Prices are up 8.8% over two years, reflecting genuine buyer interest without bubble-level exuberance. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, THE CONTINUUM has gained 5.0% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 44-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.