GALLERY FIFTEEN

JALAN DUSUN
RESALE CONDODistrict 12
Toa Payoh MRT · 9 min walk (704m)RCRFreehold
Total Units
14
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,303
12.1% QoQ
Total Sales
2
since 2023-04
Price Range
$2.0M$3.0M
all-time
Unit Size
1,948 sqft
Floors 611
PSF MOVEMENT ALERT — 2024-Q1
Median PSF rose 12.1% quarter-on-quarter (from $1,228 in 2023-Q2 to $1,377 in 2024-Q1). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

GALLERY FIFTEEN trades at $0 PSF, sitting NaN% below the District 12 median of $1,562 PSF. At 9 minutes from Toa Payoh MRT (704m), transit access is passable but not a differentiator. THE ORIE fetches $2,723 PSF nearby -- that 100% gap frames GALLERY FIFTEEN's relative value proposition.

The 100.0% two-year decline puts this in correction territory. Catching a falling knife requires a strong view on why the trend reverses. Just 0 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, THE ARCADY AT BOON KENG has gained 1.6% over the same period.

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.

At just 14 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
THE ORIE$2,7230.0%
EIGHT RIVERSUITES$1,8584.2%+12.9%
GEM RESIDENCES$1,9453.6%+8.4%
TREVISTA$1,9022.7%+16.8%
THE ARCADY AT BOON KENG$2,617+1.6%

PSF Trend

Quarterly
1,228
2023-Q2
1,377
2024-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Jan 2024
DatePriceSizePSFFloor
Jan 2024$2,001,0001,453 sqft$1,37706-10
Apr 2023$3,000,0002,443 sqft$1,22811-15
Showing 2 of 2 transactions

Location

Open in full map

Own a unit here?

Get an instant valuation based on real transaction data for your floor and unit size.

🏠
Check Your Value
Floor-adjusted valuation based on $1,303 PSF median
Get Valuation →
🗺️
Explore on Map
See nearby condos, compare PSF trends
Open Map