BELMONDO VIEW
UrbanLens Analysis
BELMONDO VIEW is a freehold compact 22-unit development on PEGU ROAD in District 12 (RCR). Novena MRT is 11 minutes on foot -- reasonable but not ideal for tenants who prioritise doorstep access. At $0 PSF it aligns with the D12 median of $1,562 PSF -- fairly priced by the district's own standard.
Limited recent transaction data makes it harder to gauge price momentum -- buyers should rely on comparable sales for price discovery. Against THE ORIE at $2,723 PSF (flat), it trades at a 0% discount.
Rental yield data is unavailable, though freehold tenure supports long-term capital preservation. Benchmark against D12 average yield of 3.66% before projecting returns. For comparison, EIGHT RIVERSUITES yields 4.15% at $1,858 PSF.
With only 22 units, resale liquidity is thin -- expect longer marketing periods and wider bid-ask spreads. Within the competitive set, GEM RESIDENCES at $1,945 PSF (+8.4%) provides a reference for local market direction.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| THE ORIE | $2,723 | — | 0.0% |
| EIGHT RIVERSUITES | $1,858 | 4.2% | +12.9% |
| GEM RESIDENCES | $1,945 | 3.6% | +8.4% |
| TREVISTA | $1,902 | 2.7% | +16.8% |
| THE ARCADY AT BOON KENG | $2,617 | — | +1.6% |
PSF Trend
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