ADAM PARK CONDOMINIUM
UrbanLens Analysis
ADAM PARK CONDOMINIUM commands $2,035 PSF -- 3% above what District 11 typically fetches ($1,983 PSF). Botanic Gardens MRT is 677m away (8-min walk), functional but not a headline selling point. Against WATTEN HOUSE at $3,264 PSF, the 38% discount is worth examining closely.
Prices are up 7.6% over two years, reflecting genuine buyer interest without bubble-level exuberance. 9 transactions over two years is modest; the trend is directional, not definitive. For context, AMARYLLIS VILLE has gained 8.8% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 2.3% lags the CCR segment average of 3.0%. Investors here are betting on price growth over rental returns.
At 118 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| WATTEN HOUSE | $3,264 | — | +1.8% |
| SANCTUARY@NEWTON | $2,691 | — | +1.7% |
| AMARYLLIS VILLE | $2,060 | 3.0% | +8.8% |
| PARK INFINIA AT WEE NAM | $2,425 | 2.7% | +4.3% |
| SOLEIL @ SINARAN | $2,070 | 3.3% | +4.4% |
PSF Trend
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