CLYDES RESIDENCE

MERGUI ROAD
RESALE CONDODistrict 08
Farrer Park MRT · 7 min walk (549m)RCRFreehold
Total Units
48
2Y PSF Change
+4.0%
3 txns in 24m
Median PSF
1,531
1.7% QoQ
Total Sales
11
since 2021-04
Price Range
$800k$1.9M
all-time
Unit Size
991 sqft
Floors 116

UrbanLens Analysis

CLYDES RESIDENCE trades at $1,626 PSF, sitting NaN% below the District 08 median of $0 PSF. At 7 minutes from Farrer Park MRT (549m), transit access is passable but not a differentiator.

Prices have essentially flatlined over two years (+4.0%), suggesting a market in equilibrium. Just 3 transactions in two years -- thin liquidity means pricing carries wide confidence intervals.

Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 48-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.

PSF Trend

Quarterly
1,256
2021-Q3
1,490
2021-Q4
1,563
2022-Q4
1,133
2023-Q2
1,644
2023-Q3
1,569
2024-Q2
1,626
2025-Q1
1,653
2025-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Aug 2025
DatePriceSizePSFFloor
Aug 2025$1,850,0001,119 sqft$1,65311-15
Mar 2025$1,820,0001,119 sqft$1,62611-15
May 2024$895,000570 sqft$1,56906-10
Jul 2023$1,840,0001,119 sqft$1,64411-15
Jun 2023$1,890,0001,668 sqft$1,13316-20
Oct 2022$1,750,0001,119 sqft$1,56301-05
Oct 2021$818,000549 sqft$1,49001-05
Sep 2021$1,300,0001,023 sqft$1,27106-10
Aug 2021$1,268,0001,023 sqft$1,24006-10
May 2021$800,000570 sqft$1,40206-10
Showing 10 of 11 transactions

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