ONE BERNAM
UrbanLens Analysis
ONE BERNAM trades at $2,554 PSF, sitting 15% above the District 02 median of $2,230 PSF. The 5-minute walk to Tanjong Pagar MRT (400m) is a tangible lifestyle and resale advantage. NEWPORT RESIDENCES fetches $3,070 PSF nearby -- that 17% gap frames ONE BERNAM's relative value proposition.
The +0.4% two-year price movement is negligible -- neither bullish nor bearish. 144 transactions over two years gives deep liquidity and reliable pricing signals. For context, 76 SHENTON has lost 2.7% over the same period.
Roughly 92 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.6% beats the CCR average of 3.0%. With $5,695/month median rent, income-focused buyers have a real case here.
The 351-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| NEWPORT RESIDENCES | $3,070 | — | 0.0% |
| ICON | $1,856 | 4.7% | +1.8% |
| SKYSUITES@ANSON | $2,267 | 4.5% | +1.5% |
| SPOTTISWOODE RESIDENCES | $2,310 | 3.2% | +4.7% |
| 76 SHENTON | $1,920 | 4.0% | -2.7% |
PSF Trend
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