HOCK MANSION

WILKIE TERRACE
RESALE CONDODistrict 09
Bencoolen MRT · 6 min walk (443m)CCRFreehold
Total Units
14
2Y PSF Change
-13.0%
1 txns in 24m
Median PSF
1,315
▼ 13.0% QoQ
Total Sales
2
since 2022-07
Price Range
$2.0M–$2.3M
all-time
Unit Size
1,625 sqft
Floors 1–1
PSF MOVEMENT ALERT — 2025-Q1
Median PSF fell 13.0% quarter-on-quarter (from $1,406 in 2022-Q3 to $1,223 in 2025-Q1). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

HOCK MANSION commands $1,223 PSF -- NaN% below what District 09 typically fetches ($0 PSF). Bencoolen MRT is 443m away (6-min walk), functional but not a headline selling point.

A 13.0% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals.

Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 14-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.

PSF Trend

Quarterly
1,406
2022-Q3
1,223
2025-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Mar 2025
DatePriceSizePSFFloor
Mar 2025$1,975,0001,615 sqft$1,22301-05
Jul 2022$2,300,0001,636 sqft$1,40601-05
Showing 2 of 2 transactions

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