CORALIS
UrbanLens Analysis
At $2,183 PSF, CORALIS prices 29% above the District 15 median. Compare that to MEYER BLUE at $3,205 PSF -- a 32% premium that buyers need to justify. Being 3 minutes on foot from Marine Parade MRT (215m) adds genuine convenience and supports the pricing.
The +4.2% two-year price movement is negligible -- neither bullish nor bearish. 7 transactions over two years is modest; the trend is directional, not definitive. For context, GRAND DUNMAN has gained 0.4% over the same period.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Gross yield of 3.1% lags the RCR segment average of 3.5%. Investors here are betting on price growth over rental returns.
At 127 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
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
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.