RADIX

JALAN WAKAFF
RESALE CONDODistrict 15
Kembangan MRT · 5 min walk (387m)OCRFreehold
Total Units
21
2Y PSF Change
+8.6%
1 txns in 24m
vs District
-11%
D15 median: $1,689
Median PSF
1,305
8.6% QoQ
Total Sales
4
since 2021-08
Price Range
$1.1M$2.8M
all-time
Unit Size
1,445 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q2
Median PSF rose 8.6% quarter-on-quarter (from $1,386 in 2024-Q1 to $1,505 in 2024-Q2). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $1,505 PSF, RADIX prices 11% below the District 15 median. Compare that to MEYER BLUE at $3,205 PSF -- a 53% premium that buyers need to justify. Being 5 minutes on foot from Kembangan MRT (387m) adds genuine convenience and supports the pricing.

The 8.6% gain in two years signals steady demand -- solid, not speculative. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, GRAND DUNMAN has gained 0.4% over the same period.

The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 21-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,164
2021-Q3
1,386
2024-Q1
1,505
2024-Q2

Recent Transactions

Data refreshed monthly · Last transaction: Apr 2024
DatePriceSizePSFFloor
Apr 2024$1,150,000764 sqft$1,50501-05
Feb 2024$2,760,0001,991 sqft$1,38601-05
Sep 2021$1,975,0001,884 sqft$1,04801-05
Aug 2021$1,460,0001,141 sqft$1,28001-05
Showing 4 of 4 transactions

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