PRESTIGE LOFT
UrbanLens Analysis
PRESTIGE LOFT commands $1,186 PSF -- 30% below what District 15 typically fetches ($1,689 PSF). Marine Terrace MRT is 584m away (7-min walk), functional but not a headline selling point. Against MEYER BLUE at $3,205 PSF, the 63% discount is worth examining closely.
A 26.0% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, TEMBUSU GRAND has lost 1.7% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 19-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.
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
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