PEBBLE BAY
UrbanLens Analysis
At $1,811 PSF, PEBBLE BAY prices 7% above the District 15 median. Compare that to MEYER BLUE at $3,205 PSF -- a 43% premium that buyers need to justify. Being 3 minutes on foot from Tanjong Rhu MRT (210m) adds genuine convenience and supports the pricing.
The 5.8% gain in two years signals steady demand -- solid, not speculative. 43 transactions over two years gives deep liquidity and reliable pricing signals. For context, GRAND DUNMAN has gained 0.4% over the same period.
Around 67 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 3.2% tracks the RCR average of 3.5%. At $10,811/month median rent, income is market-rate -- neither a standout nor a weakness.
At 510 units, this is a mega-development. Maintenance economies and extensive amenities are the upside; oversupply during downturns is the risk.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.