SYMPHONY SUITES
UrbanLens Analysis
SYMPHONY SUITES commands $1,330 PSF -- 2% above what District 27 typically fetches ($1,299 PSF). Yishun MRT is 1193m away (15-min walk), functional but not a headline selling point. Against CANBERRA CRESCENT RESIDENCES at $1,995 PSF, the 33% discount is worth examining closely.
Prices are up 9.1% over two years, reflecting genuine buyer interest without bubble-level exuberance. 86 transactions over two years gives deep liquidity and reliable pricing signals. For context, NORTH GAIA has gained 2.6% over the same period.
With ~87 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. At 3.8% gross yield versus the OCR average of 3.4%, rental returns are above-market. The $3,449/month median rent makes this genuinely compelling for income investors.
At 660 units, this is a mega-development. Maintenance economies and extensive amenities are the upside; oversupply during downturns is the risk.
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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