RESIDENCE 66
UrbanLens Analysis
RESIDENCE 66 commands $1,138 PSF -- 33% below what District 15 typically fetches ($1,689 PSF). Kembangan MRT is 689m away (9-min walk), functional but not a headline selling point. Against MEYER BLUE at $3,205 PSF, the 64% discount is worth examining closely.
A 21.4% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, THE CONTINUUM has gained 5.0% 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 18-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| 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.