COMPASS HEIGHTS
UrbanLens Analysis
COMPASS HEIGHTS commands $1,256 PSF -- 15% below what District 19 typically fetches ($1,472 PSF). Sengkang MRT sits just 48m away (1-min walk), a clear connectivity win. Against CHUAN PARK at $2,596 PSF, the 52% discount is worth examining closely.
Prices have surged 17.2% in two years. That is strong performance, though buyers entering now face elevated downside risk. 35 transactions over two years gives deep liquidity and reliable pricing signals. For context, RIVERFRONT RESIDENCES has gained 6.8% over the same period.
With ~73 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Gross yield of 3.3% tracks the OCR average of 3.4%. At $4,713/month median rent, income is market-rate -- neither a standout nor a weakness.
At 536 units, this is a mega-development. Maintenance economies and extensive amenities are the upside; oversupply during downturns is the risk.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| CHUAN PARK | $2,596 | 1.3% | 0.0% |
| THE FLORENCE RESIDENCES | $1,779 | 3.4% | +0.8% |
| AFFINITY AT SERANGOON | $1,794 | 3.5% | +2.6% |
| RIVERFRONT RESIDENCES | $1,706 | 3.7% | +6.8% |
| THE GARDEN RESIDENCES | $1,829 | 3.9% | +2.7% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.