HAPPY MANSION

HAPPY AVENUE NORTH
RESALE CONDODistrict 13
Mattar MRT · 7 min walk (528m)RCRFreehold
Total Units
24
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,075
8.6% QoQ
Total Sales
2
since 2021-09
Price Range
$1.4M$1.5M
all-time
Unit Size
1,367 sqft
Floors 11
PSF MOVEMENT ALERT — 2023-Q4
Median PSF rose 8.6% quarter-on-quarter (from $1,030 in 2021-Q3 to $1,119 in 2023-Q4). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

HAPPY MANSION is a freehold compact 24-unit development on HAPPY AVENUE NORTH in District 13 (RCR). At 7 minutes from Mattar MRT, connectivity is good and supports rental appeal. At $0 PSF it aligns with the D13 median of $1,781 PSF -- fairly priced by the district's own standard.

Limited recent transaction data makes it harder to gauge price momentum -- buyers should rely on comparable sales for price discovery. Against THE TRE VER at $1,977 PSF (+4.4%), it trades at a 0% discount.

Rental yield data is unavailable, though freehold tenure supports long-term capital preservation. Benchmark against D13 average yield of 3.3% before projecting returns. For comparison, PARK COLONIAL yields 3.72% at $2,247 PSF.

With only 24 units, resale liquidity is thin -- expect longer marketing periods and wider bid-ask spreads. Within the competitive set, BARTLEY RIDGE at $1,885 PSF (+12%) provides a reference for local market direction.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
THE TRE VER$1,9773.6%+4.4%
PARK COLONIAL$2,2473.7%+6.7%
BARTLEY RIDGE$1,8853.2%+12.0%
THE WOODLEIGH RESIDENCES$2,3503.5%+5.7%
THE POIZ RESIDENCES$2,0163.9%+8.5%

PSF Trend

Quarterly
1,030
2021-Q3
1,119
2023-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Nov 2023
DatePriceSizePSFFloor
Nov 2023$1,530,0001,367 sqft$1,11901-05
Sep 2021$1,408,0001,367 sqft$1,03001-05
Showing 2 of 2 transactions

Location

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