LOFT @ STEVENS
UrbanLens Analysis
LOFT @ STEVENS commands $2,261 PSF -- 3% above what District 10 typically fetches ($2,197 PSF). Stevens MRT sits just 252m away (3-min walk), a clear connectivity win. Against 19 NASSIM at $3,381 PSF, the 33% discount is worth examining closely.
The -0.4% two-year price movement is negligible -- neither bullish nor bearish. 5 transactions over two years is modest; the trend is directional, not definitive. For context, D'LEEDON has gained 10.0% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 4.2% beats the CCR average of 3.0%. With $3,073/month median rent, income-focused buyers have a real case here.
At just 44 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
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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