FAR HORIZON GARDENS
UrbanLens Analysis
FAR HORIZON GARDENS trades at $1,119 PSF, sitting 35% below the District 20 median of $1,718 PSF. The 4-minute walk to Lentor MRT (345m) is a tangible lifestyle and resale advantage. JADESCAPE fetches $2,239 PSF nearby -- that 50% gap frames FAR HORIZON GARDENS's relative value proposition.
A 8.3% appreciation over two years is healthy without looking frothy. With 15 deals in two years, the pricing data has reasonable statistical weight. For context, BRADDELL VIEW has gained 2.4% over the same period.
Around 55 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. The 2.9% yield trails the OCR average of 3.4%. At $5,299/month median rent, this is a capital-appreciation bet, not an income play.
With 270 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| JADESCAPE | $2,239 | 3.2% | +6.9% |
| BRADDELL VIEW | $1,029 | — | +2.4% |
| THE PANORAMA | $1,994 | 3.0% | +8.1% |
| SKY HABITAT | $1,844 | 2.8% | +6.1% |
| THE GARDENS AT BISHAN | $1,733 | 2.6% | +18.2% |
PSF Trend
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