TRE RESIDENCES
UrbanLens Analysis
TRE RESIDENCES commands $1,812 PSF -- 22% above what District 14 typically fetches ($1,488 PSF). Aljunied MRT sits just 219m away (3-min walk), a clear connectivity win. Against PARC ESTA at $2,271 PSF, the 20% discount is worth examining closely.
Prices are up 9.7% over two years, reflecting genuine buyer interest without bubble-level exuberance. 47 transactions over two years gives deep liquidity and reliable pricing signals. For context, EUHABITAT has gained 3.1% over the same period.
With ~87 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. At 4.4% gross yield versus the RCR average of 3.5%, rental returns are above-market. The $5,561/month median rent makes this genuinely compelling for income investors.
With 250 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 |
|---|---|---|---|
| PARC ESTA | $2,271 | 3.6% | +7.8% |
| PENROSE | $2,092 | 3.3% | +18.8% |
| SIMS URBAN OASIS | $1,903 | 4.0% | +11.3% |
| EUHABITAT | $1,414 | 4.2% | +3.1% |
| PARK PLACE RESIDENCES AT PLQ | $2,254 | 3.8% | +4.8% |
PSF Trend
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