HERITAGE EAST
UrbanLens Analysis
At $1,707 PSF, HERITAGE EAST prices 1% above the District 15 median. Compare that to MEYER BLUE at $3,205 PSF -- a 47% premium that buyers need to justify. Being 5 minutes on foot from Marine Terrace MRT (409m) adds genuine convenience and supports the pricing.
The 6.4% gain in two years signals steady demand -- solid, not speculative. 7 transactions over two years is modest; the trend is directional, not definitive. For context, GRAND DUNMAN has gained 0.4% 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. At 4.4% gross yield versus the OCR average of 3.4%, rental returns are above-market. The $2,921/month median rent makes this genuinely compelling for income investors.
The 65-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.