MIRAGE TOWER
UrbanLens Analysis
MIRAGE TOWER commands $2,309 PSF -- 4% above what District 09 typically fetches ($2,215 PSF). Great World MRT sits just 226m away (3-min walk), a clear connectivity win. Against THE ROBERTSON OPUS at $3,359 PSF, the 31% discount is worth examining closely.
Prices are up 5.3% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 14 deals in two years, the pricing data has reasonable statistical weight. For context, SOPHIA HILLS has gained 3.6% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. The 2.3% yield trails the CCR average of 3.0%. At $5,731/month median rent, this is a capital-appreciation bet, not an income play.
With 248 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| RIVER GREEN | $3,125 | — | 0.0% |
| THE ROBERTSON OPUS | $3,359 | — | 0.0% |
| THE COLLECTIVE AT ONE SOPHIA | $2,767 | — | 0.0% |
| SOPHIA HILLS | $2,128 | 3.9% | +3.6% |
| HILL HOUSE | $3,081 | — | +1.3% |
PSF Trend
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