PARC STEVENS
UrbanLens Analysis
PARC STEVENS trades at $2,416 PSF, sitting 10% above the District 10 median of $2,197 PSF. The 5-minute walk to Stevens MRT (379m) is a tangible lifestyle and resale advantage. 19 NASSIM fetches $3,381 PSF nearby -- that 29% gap frames PARC STEVENS's relative value proposition.
A 18.2% jump over two years is aggressive -- late buyers risk overpaying near a cyclical peak. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, CUSCADEN RESERVE has lost 19.9% over the same period.
Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 48-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SKYE AT HOLLAND | $2,949 | — | 0.0% |
| UPPERHOUSE AT ORCHARD BOULEVARD | $3,309 | — | 0.0% |
| CUSCADEN RESERVE | $3,024 | 3.2% | -19.9% |
| D'LEEDON | $2,044 | 3.2% | +10.0% |
| 19 NASSIM | $3,381 | — | -2.1% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.