ONE SHENTON
UrbanLens Analysis
ONE SHENTON trades at $1,814 PSF, sitting 11% below the District 01 median of $2,039 PSF. The 2-minute walk to Shenton Way MRT (199m) is a tangible lifestyle and resale advantage. UNION SQUARE RESIDENCES fetches $3,177 PSF nearby -- that 43% gap frames ONE SHENTON's relative value proposition.
The +4.3% two-year price movement is negligible -- neither bullish nor bearish. 42 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE SAIL @ MARINA BAY has gained 7.2% over the same period.
Roughly 78 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 4.1% beats the CCR average of 3.0%. With $6,383/month median rent, income-focused buyers have a real case here.
The 341-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 |
|---|---|---|---|
| ONE MARINA GARDENS | $2,954 | — | 0.0% |
| UNION SQUARE RESIDENCES | $3,177 | — | 0.0% |
| THE SAIL @ MARINA BAY | $2,029 | 3.8% | +7.2% |
| MARINA ONE RESIDENCES | $2,035 | 3.8% | -15.2% |
| MARINA BAY RESIDENCES | $2,241 | 4.1% | +4.6% |
PSF Trend
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