THOMSON EURO-ASIA
UrbanLens Analysis
At $2,111 PSF, THOMSON EURO-ASIA prices 6% above the District 11 median. Compare that to WATTEN HOUSE at $3,264 PSF -- a 35% premium that buyers need to justify. Being 3 minutes on foot from Novena MRT (269m) adds genuine convenience and supports the pricing.
The 2.9% slide over two years points to softening demand. Value hunters may see opportunity; others should wait for signs of stabilization. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, PARK INFINIA AT WEE NAM has gained 4.3% over the same period.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. The 2.6% yield trails the CCR average of 3.0%. At $5,414/month median rent, this is a capital-appreciation bet, not an income play.
The 136-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| WATTEN HOUSE | $3,264 | — | +1.8% |
| SANCTUARY@NEWTON | $2,691 | — | +1.7% |
| AMARYLLIS VILLE | $2,060 | 3.0% | +8.8% |
| PARK INFINIA AT WEE NAM | $2,425 | 2.7% | +4.3% |
| SOLEIL @ SINARAN | $2,070 | 3.3% | +4.4% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.