WESTMERE
UrbanLens Analysis
WESTMERE trades at $1,121 PSF, sitting 19% below the District 22 median of $1,392 PSF. At 9 minutes from Chinese Garden MRT (695m), transit access is passable but not a differentiator. SORA fetches $2,230 PSF nearby -- that 50% gap frames WESTMERE's relative value proposition.
A 15.4% jump over two years is aggressive -- late buyers risk overpaying near a cyclical peak. With 21 deals in two years, the pricing data has reasonable statistical weight. For context, LAKE GRANDE has gained 9.3% over the same period.
Around 69 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
With 286 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 |
|---|---|---|---|
| SORA | $2,230 | — | 0.0% |
| THE LAKEGARDEN RESIDENCES | $2,187 | — | +3.9% |
| WESTWOOD RESIDENCES | $1,340 | — | +11.0% |
| LAKE GRANDE | $1,851 | 4.3% | +9.3% |
| THE LAKESHORE | $1,474 | 3.7% | +15.7% |
PSF Trend
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