NIN RESIDENCE

PHENG GECK AVENUE
RESALE CONDODistrict 13
Potong Pasir MRT · 2 min walk (146m)RCR99 yrs lease commencing from 2010
Gross Yield
3.9%
District avg: 3.3%
Median Rent
$5,064
per month
Total Units
219
2Y PSF Change
+10.6%
23 txns in 24m
vs District
-5%
D13 median: $1,781
Lease Remaining
83 yrs
99 yrs lease commencing from 2010
Median PSF
1,717
0.2% QoQ
Total Sales
67
since 2021-03
Price Range
$725k$2.5M
all-time
Unit Size
920 sqft
Floors 116

UrbanLens Analysis

NIN RESIDENCE commands $1,689 PSF -- 5% below what District 13 typically fetches ($1,781 PSF). Potong Pasir MRT sits just 146m away (2-min walk), a clear connectivity win. Against THE WOODLEIGH RESIDENCES at $2,350 PSF, the 28% discount is worth examining closely.

Prices are up 10.6% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 23 deals in two years, the pricing data has reasonable statistical weight. For context, THE POIZ RESIDENCES has gained 8.5% over the same period.

Roughly 83 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.9% beats the RCR average of 3.5%. With $5,064/month median rent, income-focused buyers have a real case here.

The 219-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
THE TRE VER$1,9773.6%+4.4%
PARK COLONIAL$2,2473.7%+6.7%
BARTLEY RIDGE$1,8853.2%+12.0%
THE WOODLEIGH RESIDENCES$2,3503.5%+5.7%
THE POIZ RESIDENCES$2,0163.9%+8.5%

PSF Trend

Quarterly
1,561
2023-Q4
1,631
2024-Q1
1,601
2024-Q2
1,686
2024-Q3
1,558
2025-Q2
1,764
2025-Q3
1,747
2025-Q4
1,743
2026-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Jan 2026
DatePriceSizePSFFloor
Jan 2026$2,488,0001,281 sqft$1,94211-15
Jan 2026$1,528,000990 sqft$1,54301-05
Dec 2025$2,250,0001,238 sqft$1,81801-05
Dec 2025$1,580,000904 sqft$1,74701-05
Nov 2025$1,570,000904 sqft$1,73606-10
Oct 2025$848,000527 sqft$1,60811-15
Oct 2025$2,200,0001,238 sqft$1,77701-05
Sep 2025$1,550,000850 sqft$1,82311-15
Sep 2025$1,310,000980 sqft$1,33701-05
Aug 2025$1,510,000850 sqft$1,77611-15
Showing 10 of 67 transactions

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