MARINA COLLECTION
UrbanLens Analysis
At $1,557 PSF, MARINA COLLECTION prices 8% below the District 04 median. Compare that to THE REEF AT KING'S DOCK at $2,601 PSF -- a 40% premium that buyers need to justify. The 40-minute walk to HarbourFront MRT (3173m) is workable, though not the kind of proximity that commands a premium on its own.
A 10.7% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. 6 transactions over two years is modest; the trend is directional, not definitive. For context, REFLECTIONS AT KEPPEL BAY has lost 1.4% over the same period.
With ~80 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. At 3.8% gross yield versus the CCR average of 3.0%, rental returns are above-market. The $15,118/month median rent makes this genuinely compelling for income investors.
The 124-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| REFLECTIONS AT KEPPEL BAY | $1,715 | 3.8% | -1.4% |
| THE RESIDENCES AT W SINGAPORE SENTOSA COVE | $1,804 | 3.8% | +3.3% |
| THE INTERLACE | $1,680 | 3.4% | +12.7% |
| CARIBBEAN AT KEPPEL BAY | $1,913 | 3.6% | +5.7% |
| THE REEF AT KING'S DOCK | $2,601 | 3.5% | +0.4% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.