SHELFORD VIEW

SHELFORD ROAD
RESALE CONDODistrict 11
Tan Kah Kee MRT · 9 min walk (697m)CCRFreehold
Total Units
20
2Y PSF Change
+30.8%
1 txns in 24m
vs District
-4%
D11 median: $1,983
Median PSF
1,632
30.7% QoQ
Total Sales
3
since 2021-09
Price Range
$4.1M$7.5M
all-time
Unit Size
3,498 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q2
Median PSF rose 30.7% quarter-on-quarter (from $1,461 in 2023-Q3 to $1,910 in 2024-Q2). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

SHELFORD VIEW trades at $1,910 PSF, sitting 4% below the District 11 median of $1,983 PSF. At 9 minutes from Tan Kah Kee MRT (697m), transit access is passable but not a differentiator. WATTEN HOUSE fetches $3,264 PSF nearby -- that 41% gap frames SHELFORD VIEW's relative value proposition.

A 30.8% jump over two years is aggressive -- late buyers risk overpaying near a cyclical peak. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, PARK INFINIA AT WEE NAM has gained 4.3% 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. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 20-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
WATTEN HOUSE$3,264+1.8%
SANCTUARY@NEWTON$2,691+1.7%
AMARYLLIS VILLE$2,0603.0%+8.8%
PARK INFINIA AT WEE NAM$2,4252.7%+4.3%
SOLEIL @ SINARAN$2,0703.3%+4.4%

PSF Trend

Quarterly
1,524
2021-Q3
1,461
2023-Q3
1,910
2024-Q2

Recent Transactions

Data refreshed monthly · Last transaction: May 2024
DatePriceSizePSFFloor
May 2024$5,100,0002,669 sqft$1,91001-05
Jul 2023$7,500,0005,134 sqft$1,46101-05
Sep 2021$4,100,0002,691 sqft$1,52401-05
Showing 3 of 3 transactions

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