THE COMMODORE
UrbanLens Analysis
THE COMMODORE commands $1,777 PSF -- 37% above what District 27 typically fetches ($1,299 PSF). Canberra MRT sits just 342m away (4-min walk), a clear connectivity win. Against CANBERRA CRESCENT RESIDENCES at $1,995 PSF, the 11% discount is worth examining closely.
Prices have surged 18.9% in two years. That is strong performance, though buyers entering now face elevated downside risk. With 29 deals in two years, the pricing data has reasonable statistical weight. For context, PARC LIFE has gained 6.0% over the same period.
With ~93 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Gross yield of 3.1% tracks the OCR average of 3.4%. At $3,535/month median rent, income is market-rate -- neither a standout nor a weakness.
With 219 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 |
|---|---|---|---|
| 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
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.