CONDOMINIUM DEVELOPMENT
UrbanLens Analysis
CONDOMINIUM DEVELOPMENT trades at $1,596 PSF, sitting NaN% below the District 10 median of $0 PSF. At 9 minutes from Holland Village MRT (681m), transit access is passable but not a differentiator.
The 11.1% two-year decline puts this in correction territory. Catching a falling knife requires a strong view on why the trend reverses. Just 1 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. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
PSF Trend
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