ORCHID PARK CONDOMINIUM
UrbanLens Analysis
At $1,008 PSF, ORCHID PARK CONDOMINIUM prices 22% below the District 27 median. Compare that to CANBERRA CRESCENT RESIDENCES at $1,995 PSF -- a 49% premium that buyers need to justify. The 7-minute walk to Khatib MRT (582m) is workable, though not the kind of proximity that commands a premium on its own.
The 10.1% gain in two years signals steady demand -- solid, not speculative. 52 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE VISIONAIRE has gained 7.1% over the same period.
Around 64 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Gross yield of 3.8% beats the OCR average of 3.4%. With $3,209/month median rent, income-focused buyers have a real case here.
The 615-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| CANBERRA CRESCENT RESIDENCES | $1,995 | — | 0.0% |
| NORTH GAIA | $1,332 | — | +2.6% |
| THE VISIONAIRE | $1,424 | — | +7.1% |
| PARC LIFE | $1,348 | — | +6.0% |
| THE CRITERION | $1,303 | — | +3.6% |
PSF Trend
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