STILL 123

LANGSAT ROAD
RESALE CONDODistrict 15
Eunos MRT · 6 min walk (472m)RCRFreehold
Total Units
9
2Y PSF Change
-11.1%
1 txns in 24m
vs District
-26%
D15 median: $1,689
Median PSF
1,279
11.1% QoQ
Total Sales
4
since 2021-04
Price Range
$1.3M$2.4M
all-time
Unit Size
1,410 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q1
Median PSF fell 11.1% quarter-on-quarter (from $1,402 in 2023-Q4 to $1,247 in 2024-Q1). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $1,247 PSF, STILL 123 prices 26% below the District 15 median. Compare that to MEYER BLUE at $3,205 PSF -- a 61% premium that buyers need to justify. The 6-minute walk to Eunos MRT (472m) is workable, though not the kind of proximity that commands a premium on its own.

A 11.1% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, GRAND DUNMAN has gained 0.4% over the same period.

The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 9-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,062
2021-Q2
1,405
2022-Q4
1,402
2023-Q4
1,247
2024-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Mar 2024
DatePriceSizePSFFloor
Mar 2024$2,430,0001,948 sqft$1,24701-05
Oct 2023$1,690,0001,206 sqft$1,40201-05
Nov 2022$1,800,0001,281 sqft$1,40501-05
Apr 2021$1,280,0001,206 sqft$1,06201-05
Showing 4 of 4 transactions

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