SUN PLAZA
UrbanLens Analysis
SUN PLAZA trades at $1,126 PSF, sitting 13% below the District 27 median of $1,299 PSF. The 1-minute walk to Sembawang MRT (101m) is a tangible lifestyle and resale advantage. CANBERRA CRESCENT RESIDENCES fetches $1,995 PSF nearby -- that 44% gap frames SUN PLAZA's relative value proposition.
A 40.7% jump over two years is aggressive -- late buyers risk overpaying near a cyclical peak. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, NORTH GAIA has gained 2.6% over the same period.
Around 69 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
The 76-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| CANBERRA CRESCENT RESIDENCES | $1,995 | — | 0.0% |
| NORTH GAIA | $1,332 | — | +2.6% |
| THE VISIONAIRE | $1,424 | — | +7.1% |
| PARC LIFE | $1,348 | — | +6.0% |
| THE CRITERION | $1,303 | — | +3.6% |
PSF Trend
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