THE SILVER FIR
UrbanLens Analysis
THE SILVER FIR is a boutique 33-unit development on BUTTERWORTH LANE in District 15 (RCR). Freehold title eliminates lease decay risk entirely, a structural advantage for long-term holders. At 7 minutes on foot to Paya Lebar MRT (591m), connectivity is reasonable though not doorstep convenience. Insufficient recent transactions make current PSF pricing unreliable; the District 15 median sits at $1,689 PSF.
Prices have slipped 100% over two years, a sign of weakening buyer appetite at current levels. Only 0 transaction(s) recorded -- treat the median as directional rather than definitive. Nearby TEMBUSU GRAND posted -1.7% growth in the same window, providing a benchmark for relative performance.
No rental yield data is available, likely reflecting owner-occupier dominance or insufficient leasing volume.
THE SILVER FIR trades in line with TEMBUSU GRAND ($2,419 PSF). The bull case rests on a deep discount to district median, perpetual tenure. However, weakening prices tempers the outlook. Suited for buyers who value a over liquidity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
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