RIS GRANDEUR
UrbanLens Analysis
RIS GRANDEUR trades at $1,291 PSF, sitting 5% below the District 18 median of $1,363 PSF. At 13 minutes from Pasir Ris MRT (1069m), transit access is passable but not a differentiator. PARKTOWN RESIDENCE fetches $2,363 PSF nearby -- that 45% gap frames RIS GRANDEUR's relative value proposition.
A 10.1% appreciation over two years is healthy without looking frothy. With 20 deals in two years, the pricing data has reasonable statistical weight. For context, TREASURE AT TAMPINES has gained 5.6% over the same period.
Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. The 2.9% yield trails the OCR average of 3.4%. At $4,333/month median rent, this is a capital-appreciation bet, not an income play.
With 453 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| PARKTOWN RESIDENCE | $2,363 | — | 0.0% |
| AURELLE OF TAMPINES | $1,769 | — | 0.0% |
| TREASURE AT TAMPINES | $1,738 | 3.7% | +5.6% |
| THE TAPESTRY | $1,704 | 3.9% | +3.8% |
| MELVILLE PARK | $919 | 4.2% | +3.7% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.