URBAN HERITAGE
UrbanLens Analysis
URBAN HERITAGE is a 12-minute walk from Farrer Park MRT — not exactly doorstep transit on Balestier Road in D12 (Balestier/Toa Payoh). This boutique 15-unit RCR project. The D12 neighbourhood ranges from EIGHT RIVERSUITES ($1,858) to THE ORIE ($2,723) — the competitive set to watch.
The -100.0% decline over 24 months (0 transactions) is a warning sign in a market where most condos have appreciated. Contrast that with TREVISTA at +16.8%. Freehold tenure eliminates lease decay risk and keeps CPF/financing fully accessible indefinitely — a structural edge over 99-year neighbours.
No rental data available for URBAN HERITAGE, but D12 averages 3.66% gross yield for reference. Nearby EIGHT RIVERSUITES achieves 4.15% yield as a reference point. The compact 15-unit format means limited resale activity — buyers should expect longer holding periods and fewer price discovery points.
Bottom line: URBAN HERITAGE is in a correction. The discount may be opportunity, but validate the cause before buying into weakness — falling prices in a rising market deserve scrutiny. Watch for: just 15 units means thin resale liquidity; negative price momentum; weak MRT access limits tenant and buyer pools.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| THE ORIE | $2,723 | — | 0.0% |
| EIGHT RIVERSUITES | $1,858 | 4.2% | +12.9% |
| GEM RESIDENCES | $1,945 | 3.6% | +8.4% |
| TREVISTA | $1,902 | 2.7% | +16.8% |
| THE ARCADY AT BOON KENG | $2,617 | — | +1.6% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.