VIVA VISTA
UrbanLens Analysis
VIVA VISTA commands $1,739 PSF -- 7% above what District 05 typically fetches ($1,618 PSF). Haw Par Villa MRT is 510m away (6-min walk), functional but not a headline selling point. Against ELTA at $2,547 PSF, the 32% discount is worth examining closely.
The -0.5% two-year price movement is negligible -- neither bullish nor bearish. With 19 deals in two years, the pricing data has reasonable statistical weight. For context, NORMANTON PARK has gained 10.3% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 5.1% beats the RCR average of 3.5%. With $3,067/month median rent, income-focused buyers have a real case here.
At 144 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| PARC CLEMATIS | $2,081 | 3.5% | +5.9% |
| ELTA | $2,547 | — | 0.0% |
| FABER RESIDENCE | $2,150 | — | 0.0% |
| BLOOMSBURY RESIDENCES | $2,504 | — | 0.0% |
| NORMANTON PARK | $2,075 | 3.7% | +10.3% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.