STRATA
UrbanLens Analysis
STRATA trades at $1,981 PSF, sitting 0% above the District 11 median of $1,983 PSF. The 5-minute walk to Novena MRT (370m) is a tangible lifestyle and resale advantage. WATTEN HOUSE fetches $3,264 PSF nearby -- that 39% gap frames STRATA's relative value proposition.
A 10.2% appreciation over two years is healthy without looking frothy. 4 transactions over two years is modest; the trend is directional, not definitive. For context, SOLEIL @ SINARAN has gained 4.4% 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. Gross yield of 4.0% beats the CCR average of 3.0%. With $6,319/month median rent, income-focused buyers have a real case here.
At 100 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| WATTEN HOUSE | $3,264 | — | +1.8% |
| SANCTUARY@NEWTON | $2,691 | — | +1.7% |
| AMARYLLIS VILLE | $2,060 | 3.0% | +8.8% |
| PARK INFINIA AT WEE NAM | $2,425 | 2.7% | +4.3% |
| SOLEIL @ SINARAN | $2,070 | 3.3% | +4.4% |
PSF Trend
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