BINJAI PARK
UrbanLens Analysis
BINJAI PARK is a 999-year leasehold mid-sized development on BINJAI PARK in District 21 (RCR). King Albert Park MRT is 11 minutes on foot -- reasonable but not ideal for tenants who prioritise doorstep access. At $0 PSF it aligns with the D21 median of $1,697 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 NAVA GROVE at $2,478 PSF (flat), it trades at a 0% discount.
Rental yield data is unavailable. Verify achievable rents against D21 average of 2.97% before modelling returns. PINETREE HILL at $2,543 PSF (+6.4%) is a relevant comparator in the same corridor.
The 99-year lease means structural value decay; entry pricing must account for this headwind. Within the competitive set, 8@BT at $2,727 PSF (flat) provides a reference for local market direction.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| NAVA GROVE | $2,478 | — | 0.0% |
| PINETREE HILL | $2,543 | — | +6.4% |
| 8@BT | $2,727 | — | 0.0% |
| THE SEN | $2,338 | — | 0.0% |
| KI RESIDENCES AT BROOKVALE | $2,242 | 2.9% | +10.0% |
PSF Trend
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