LEICESTER LODGE
UrbanLens Analysis
LEICESTER LODGE trades at $0 PSF, roughly in line with the D13 median ($1,781). A 4-minute walk to Potong Pasir MRT underpins rental demand and resale liquidity in this pocket. In this pocket, BARTLEY RIDGE commands $1,885 PSF while THE TRE VER sits at $1,977, placing LEICESTER LODGE in the value tier.
Extremely thin liquidity is a red flag, with 0 transactions over 24 months showing 100% decline. That trails THE TRE VER's 4.4% gain, suggesting relative underperformance.
No rental yield data is available, making it harder to assess the income case. For a rough proxy, THE TRE VER nearby yields 3.61% at $1,977 PSF — use that as a benchmark when evaluating rental potential. The freehold tenure removes lease-decay risk entirely — a structural advantage that compounds over longer holding periods.
Verdict: moderately positive. The fundamentals lean favorable, but this is not a screaming buy. Against THE TRE VER at $1,977 PSF, LEICESTER LODGE offers genuine value. With only 16 units, a single distressed sale can move the needle on valuations. At 100% below the RCR median of $1,680, pricing reflects relative value within the segment.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| THE TRE VER | $1,977 | 3.6% | +4.4% |
| PARK COLONIAL | $2,247 | 3.7% | +6.7% |
| BARTLEY RIDGE | $1,885 | 3.2% | +12.0% |
| THE WOODLEIGH RESIDENCES | $2,350 | 3.5% | +5.7% |
| THE POIZ RESIDENCES | $2,016 | 3.9% | +8.5% |
PSF Trend
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