NINE RESIDENCES
UrbanLens Analysis
NINE RESIDENCES commands $1,332 PSF -- 3% above what District 27 typically fetches ($1,299 PSF). Yishun MRT is 843m away (11-min walk), functional but not a headline selling point. Against CANBERRA CRESCENT RESIDENCES at $1,995 PSF, the 33% discount is worth examining closely.
Prices are up 8.2% 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, PARC LIFE has gained 6.0% over the same period.
Roughly 86 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 OCR average of 3.4%. With $3,147/month median rent, income-focused buyers have a real case here.
At 186 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| NORTH GAIA | $1,332 | — | +2.6% |
| PARC LIFE | $1,348 | — | +6.0% |
| THE CRITERION | $1,303 | — | +3.6% |
| THE VISIONAIRE | $1,424 | — | +7.1% |
| CANBERRA CRESCENT RESIDENCES | $1,995 | — | 0.0% |
PSF Trend
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