WORTHINGTON

BUTTERWORTH LANE
RESALE CONDODistrict 15
Paya Lebar MRT · 8 min walk (639m)RCRFreehold
Total Units
30
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,322
8.5% QoQ
Total Sales
4
since 2021-07
Price Range
$1.2M$2.3M
all-time
Unit Size
1,241 sqft
Floors 66
PSF MOVEMENT ALERT — 2023-Q2
Median PSF fell 8.5% quarter-on-quarter (from $1,419 in 2022-Q2 to $1,298 in 2023-Q2). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

WORTHINGTON on BUTTERWORTH LANE in District 15 (East Coast / Marine Parade) has seen zero caveated transactions over the past 24 months. With the District 15 median at $1,689 PSF, there is no recent data to confirm where WORTHINGTON currently sits within the Rest of Central Region pricing hierarchy.

Freehold tenure is a structural positive, protecting against the lease-decay discount that erodes values in ageing leasehold estates nearby.

At 30 units, the development is small enough that extended quiet periods are normal, though prospective buyers should verify whether any en bloc potential exists.

For pricing context, EMERALD OF KATONG trades at $2,628 PSF and THE CONTINUUM at $2,869 PSF. These benchmarks suggest WORTHINGTON would likely transact well below these newer developments, but the exact discount remains speculative until a deal clears.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,285
2021-Q3
1,419
2022-Q2
1,298
2023-Q2

Recent Transactions

Data refreshed monthly · Last transaction: Jun 2023
DatePriceSizePSFFloor
Jun 2023$2,250,0001,733 sqft$1,29806-10
May 2022$1,268,000893 sqft$1,41906-10
Aug 2021$1,720,0001,442 sqft$1,19206-10
Jul 2021$1,230,000893 sqft$1,37706-10
Showing 4 of 4 transactions

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