ARTRA
UrbanLens Analysis
ARTRA trades at $2,354 PSF, sitting 8% above the District 03 median of $2,186 PSF. The 1-minute walk to Redhill MRT (67m) is a tangible lifestyle and resale advantage. ZYON GRAND fetches $3,046 PSF nearby -- that 23% gap frames ARTRA's relative value proposition.
Prices have essentially flatlined over two years (+4.1%), suggesting a market in equilibrium. 38 transactions over two years gives deep liquidity and reliable pricing signals. For context, STIRLING RESIDENCES has gained 5.5% over the same period.
With ~89 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Gross yield of 3.5% tracks the RCR average of 3.5%. At $7,580/month median rent, income is market-rate -- neither a standout nor a weakness.
With 400 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 |
|---|---|---|---|
| ZYON GRAND | $3,046 | — | 0.0% |
| PENRITH | $2,793 | — | 0.0% |
| PROMENADE PEAK | $2,931 | — | 0.0% |
| STIRLING RESIDENCES | $2,359 | 3.6% | +5.5% |
| AVENUE SOUTH RESIDENCE | $2,282 | 3.4% | -2.8% |
PSF Trend
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