EAST VIEW 18

RAMBUTAN ROAD
RESALE CONDODistrict 15
Eunos MRT · 9 min walk (754m)RCRFreehold
Total Units
7
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,152
1.0% QoQ
Total Sales
3
since 2022-04
Price Range
$1.3M$1.4M
all-time
Unit Size
1,166 sqft
Floors 11

UrbanLens Analysis

EAST VIEW 18 trades at $0 PSF, roughly in line with the D15 median ($1,689). The 9-minute walk to Eunos MRT (754m) is a weakness — most residents will default to driving. In this pocket, TEMBUSU GRAND commands $2,419 PSF while GRAND DUNMAN sits at $2,533, placing EAST VIEW 18 in the value tier.

Extremely thin liquidity is a red flag, with 0 transactions over 24 months showing 100% decline. That trails THE CONTINUUM's 5% gain, suggesting relative underperformance.

No rental yield data is available, making it harder to assess the income case. The freehold tenure removes lease-decay risk entirely — a structural advantage that compounds over longer holding periods.

Verdict: neutral. At today's price, this is neither compelling nor avoidable. Against EMERALD OF KATONG at $2,628 PSF, EAST VIEW 18 offers genuine value. With only 7 units, a single distressed sale can move the needle on valuations. At 100% below the RCR median of $1,680, pricing reflects relative value within the segment. D15 has 343 active condos — a crowded field where differentiation matters.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,156
2022-Q2
1,144
2023-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Feb 2023
DatePriceSizePSFFloor
Feb 2023$1,330,0001,163 sqft$1,14401-05
Jun 2022$1,388,8881,163 sqft$1,19501-05
Apr 2022$1,310,0001,173 sqft$1,11701-05
Showing 3 of 3 transactions

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