TANAMERA CREST
UrbanLens Analysis
TANAMERA CREST commands $1,161 PSF -- 21% below what District 16 typically fetches ($1,478 PSF). Tanah Merah MRT is 776m away (10-min walk), functional but not a headline selling point. Against BAGNALL HAUS at $2,500 PSF, the 54% discount is worth examining closely.
Prices have surged 17.9% in two years. That is strong performance, though buyers entering now face elevated downside risk. With 19 deals in two years, the pricing data has reasonable statistical weight. For context, ECO has gained 5.0% over the same period.
With ~73 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Gross yield of 3.6% tracks the OCR average of 3.4%. At $4,120/month median rent, income is market-rate -- neither a standout nor a weakness.
With 288 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| BAGNALL HAUS | $2,500 | — | 0.0% |
| SCENECA RESIDENCE | $2,067 | — | -0.8% |
| URBAN VISTA | $1,570 | 4.0% | +3.9% |
| ECO | $1,521 | 3.9% | +5.0% |
| GRANDEUR PARK RESIDENCES | $1,965 | 3.3% | +10.0% |
PSF Trend
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