ECOVILLE
UrbanLens Analysis
At $1,634 PSF, ECOVILLE prices 5% above the District 12 median. Compare that to THE ORIE at $2,723 PSF -- a 40% premium that buyers need to justify. The 11-minute walk to Novena MRT (873m) is workable, though not the kind of proximity that commands a premium on its own.
The +3.5% two-year price movement is negligible -- neither bullish nor bearish. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, GEM RESIDENCES has gained 8.4% 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. 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.
At just 30 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| THE ORIE | $2,723 | — | 0.0% |
| EIGHT RIVERSUITES | $1,858 | 4.2% | +12.9% |
| GEM RESIDENCES | $1,945 | 3.6% | +8.4% |
| TREVISTA | $1,902 | 2.7% | +16.8% |
| THE ARCADY AT BOON KENG | $2,617 | — | +1.6% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.