TEXTILE CENTRE

TEXTILE CENTRE commands $1,246 PSF -- NaN% below what District 07 typically fetches ($0 PSF). Lavender MRT sits just 432m away (5-min walk), a clear connectivity win.

Prices have surged 15.6% in two years. That is strong performance, though buyers entering now face elevated downside risk. 9 transactions over two years is modest; the trend is directional, not definitive.

Only ~43 years left on the lease. LTV ratios tighten, CPF usage faces restrictions, and the realistic buyer pool compresses. A discount to freehold peers is warranted. At 4.7% gross yield versus the RCR average of 0.0%, rental returns are above-market. The $4,502/month median rent makes this genuinely compelling for income investors.

The 132-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.

Recent Transactions

Location

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