THOMSON THREE
UrbanLens Analysis
THOMSON THREE commands $2,070 PSF -- 20% above what District 20 typically fetches ($1,718 PSF). Upper Thomson MRT sits just 379m away (5-min walk), a clear connectivity win. Against JADESCAPE at $2,239 PSF, the 8% discount is worth examining closely.
Prices have surged 16.9% in two years. That is strong performance, though buyers entering now face elevated downside risk. 46 transactions over two years gives deep liquidity and reliable pricing signals. For context, SKY HABITAT has gained 6.1% over the same period.
With ~85 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. The 2.9% yield trails the RCR average of 3.5%. At $3,850/month median rent, this is a capital-appreciation bet, not an income play.
With 445 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 |
|---|---|---|---|
| JADESCAPE | $2,239 | 3.2% | +6.9% |
| BRADDELL VIEW | $1,029 | — | +2.4% |
| THE PANORAMA | $1,994 | 3.0% | +8.1% |
| SKY HABITAT | $1,844 | 2.8% | +6.1% |
| THE GARDENS AT BISHAN | $1,733 | 2.6% | +18.2% |
PSF Trend
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