MADISON RESIDENCES
UrbanLens Analysis
MADISON RESIDENCES commands $2,637 PSF -- 20% above what District 10 typically fetches ($2,197 PSF). Stevens MRT is 485m away (6-min walk), functional but not a headline selling point. Against 19 NASSIM at $3,381 PSF, the 22% discount is worth examining closely.
Prices are up 13.8% over two years, reflecting genuine buyer interest without bubble-level exuberance. Just 3 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, CUSCADEN RESERVE has lost 19.9% over the same period.
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.
The 56-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments. 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
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.