PARC PALAIS
UrbanLens Analysis
PARC PALAIS commands $1,666 PSF -- 2% below what District 21 typically fetches ($1,697 PSF). Hume MRT is 482m away (6-min walk), functional but not a headline selling point. Against 8@BT at $2,727 PSF, the 39% discount is worth examining closely.
Prices are up 6.0% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 24 deals in two years, the pricing data has reasonable statistical weight. For context, PINETREE HILL has gained 6.4% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. The 2.4% yield trails the OCR average of 3.4%. At $4,498/month median rent, this is a capital-appreciation bet, not an income play.
At 517 units, this is a mega-development. Maintenance economies and extensive amenities are the upside; oversupply during downturns is the risk. In the Outside Central region, price sensitivity runs high. The value-for-money equation must be compelling to attract buyers.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| NAVA GROVE | $2,478 | — | 0.0% |
| PINETREE HILL | $2,543 | — | +6.4% |
| 8@BT | $2,727 | — | 0.0% |
| THE SEN | $2,338 | — | 0.0% |
| KI RESIDENCES AT BROOKVALE | $2,242 | 2.9% | +10.0% |
PSF Trend
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