THE NAUTICAL
UrbanLens Analysis
At $1,224 PSF, THE NAUTICAL prices 6% below the District 27 median. Compare that to CANBERRA CRESCENT RESIDENCES at $1,995 PSF -- a 39% premium that buyers need to justify. The 7-minute walk to Canberra MRT (572m) is workable, though not the kind of proximity that commands a premium on its own.
Prices have essentially flatlined over two years (+4.4%), suggesting a market in equilibrium. 43 transactions over two years gives deep liquidity and reliable pricing signals. For context, PARC LIFE has gained 6.0% over the same period.
With ~84 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Gross yield of 3.7% tracks the OCR average of 3.4%. At $4,118/month median rent, income is market-rate -- neither a standout nor a weakness.
With 435 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
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