SEASIDE RESIDENCES
UrbanLens Analysis
SEASIDE RESIDENCES trades at $2,264 PSF, sitting 34% above the District 15 median of $1,689 PSF. The 5-minute walk to Siglap MRT (418m) is a tangible lifestyle and resale advantage. MEYER BLUE fetches $3,205 PSF nearby -- that 29% gap frames SEASIDE RESIDENCES's relative value proposition.
A 5.2% appreciation over two years is healthy without looking frothy. 89 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE CONTINUUM has gained 5.0% over the same period.
Roughly 89 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.1% lags the OCR segment average of 3.4%. Investors here are betting on price growth over rental returns.
The 841-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
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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