RIDGE COURT
UrbanLens Analysis
RIDGE COURT on MEYAPPA CHETTIAR ROAD in District 13 (Macpherson / Potong Pasir) has seen zero caveated transactions over the past 24 months. With the District 13 median at $1,781 PSF, there is no recent data to confirm where RIDGE COURT currently sits within the Rest of Central Region pricing hierarchy.
Freehold tenure is a structural positive, protecting against the lease-decay discount that erodes values in ageing leasehold estates nearby.
As a 15-unit boutique development, long transaction gaps are typical — the risk here is not distress but illiquidity. Exiting requires finding a buyer who values this specific micro-location.
For pricing context, THE TRE VER trades at $1,977 PSF and PARK COLONIAL at $2,247 PSF. These benchmarks suggest RIDGE COURT would likely transact well below these newer developments, but the exact discount remains speculative until a deal clears.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| THE TRE VER | $1,977 | 3.6% | +4.4% |
| PARK COLONIAL | $2,247 | 3.7% | +6.7% |
| BARTLEY RIDGE | $1,885 | 3.2% | +12.0% |
| THE WOODLEIGH RESIDENCES | $2,350 | 3.5% | +5.7% |
| THE POIZ RESIDENCES | $2,016 | 3.9% | +8.5% |
PSF Trend
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