LE NOUVEL ARDMORE
UrbanLens Analysis
LE NOUVEL ARDMORE is a boutique 43-unit development on ARDMORE PARK in District 10 (CCR). Freehold title eliminates lease decay risk entirely, a structural advantage for long-term holders. Orchard MRT sits 992m away (12-minute walk), stretching the definition of MRT-proximate -- most residents will default to driving or a short bus ride. Insufficient recent transactions make current PSF pricing unreliable; the District 10 median sits at $2,197 PSF.
Prices have slipped 100% over two years, a sign of weakening buyer appetite at current levels. Only 0 transaction(s) recorded -- treat the median as directional rather than definitive. Nearby D'LEEDON posted 10% growth in the same window, providing a benchmark for relative performance.
No rental yield data is available, likely reflecting owner-occupier dominance or insufficient leasing volume. For rental benchmarking, CUSCADEN RESERVE achieves 3.17% gross yield at $3,024 PSF.
LE NOUVEL ARDMORE trades in line with D'LEEDON ($2,044 PSF). The bull case rests on a deep discount to district median, perpetual tenure. However, weakening prices tempers the outlook. Suited for buyers who value a over liquidity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SKYE AT HOLLAND | $2,949 | — | 0.0% |
| UPPERHOUSE AT ORCHARD BOULEVARD | $3,309 | — | 0.0% |
| CUSCADEN RESERVE | $3,024 | 3.2% | -19.9% |
| D'LEEDON | $2,044 | 3.2% | +10.0% |
| 19 NASSIM | $3,381 | — | -2.1% |
PSF Trend
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