ALPHA APARTMENTS
UrbanLens Analysis
ALPHA APARTMENTS on KOON SENG ROAD 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 ALPHA APARTMENTS 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 22 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 ALPHA APARTMENTS would likely transact well below these newer developments, but the exact discount remains speculative until a deal clears.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
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