THE TANAMERA
UrbanLens Analysis
At $1,186 PSF, THE TANAMERA prices 20% below the District 16 median. Compare that to BAGNALL HAUS at $2,500 PSF -- a 53% premium that buyers need to justify. Being 4 minutes on foot from Tanah Merah MRT (335m) adds genuine convenience and supports the pricing.
The 15.0% gain in two years signals steady demand -- solid, not speculative. With 26 deals in two years, the pricing data has reasonable statistical weight. For context, ECO has gained 5.0% over the same period.
Around 63 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Gross yield of 3.6% tracks the OCR average of 3.4%. At $4,753/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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