THOMSON V ONE

SIN MING ROAD
RESALE CONDODistrict 20
Upper Thomson MRT · 4 min walk (335m)RCR99 yrs lease commencing from 2001
Total Units
21
2Y PSF Change
+3.6%
1 txns in 24m
vs District
-12%
D20 median: $1,718
Lease Remaining
74 yrs
99 yrs lease commencing from 2001
Median PSF
1,451
0.3% QoQ
Total Sales
10
since 2021-03
Price Range
$600k$1.3M
all-time
Unit Size
590 sqft
Floors 11

UrbanLens Analysis

THOMSON V ONE trades at $1,518 PSF, sitting 12% below the District 20 median of $1,718 PSF. The 4-minute walk to Upper Thomson MRT (335m) is a tangible lifestyle and resale advantage. JADESCAPE fetches $2,239 PSF nearby -- that 32% gap frames THOMSON V ONE's relative value proposition.

Prices have essentially flatlined over two years (+3.6%), suggesting a market in equilibrium. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, BRADDELL VIEW has gained 2.4% over the same period.

With ~74 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 21-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
JADESCAPE$2,2393.2%+6.9%
BRADDELL VIEW$1,029+2.4%
THE PANORAMA$1,9943.0%+8.1%
SKY HABITAT$1,8442.8%+6.1%
THE GARDENS AT BISHAN$1,7332.6%+18.2%

PSF Trend

Quarterly
1,394
2021-Q1
1,477
2022-Q1
1,311
2022-Q2
1,338
2022-Q4
1,522
2023-Q1
1,518
2025-Q2

Recent Transactions

Data refreshed monthly · Last transaction: May 2025
DatePriceSizePSFFloor
May 2025$670,000441 sqft$1,51801-05
Mar 2023$700,000441 sqft$1,58601-05
Jan 2023$615,000420 sqft$1,46501-05
Jan 2023$688,000452 sqft$1,52201-05
Dec 2022$888,000581 sqft$1,52801-05
Nov 2022$1,335,0001,163 sqft$1,14801-05
Jun 2022$895,000624 sqft$1,43401-05
Apr 2022$1,100,000926 sqft$1,18801-05
Jan 2022$620,000420 sqft$1,47701-05
Mar 2021$600,000431 sqft$1,39401-05
Showing 10 of 10 transactions

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