BLOSSOMS BY THE PARK
UrbanLens Analysis
BLOSSOMS BY THE PARK commands $2,430 PSF -- 50% above what District 05 typically fetches ($1,618 PSF). Buona Vista MRT sits just 240m away (3-min walk), a clear connectivity win. Against ELTA at $2,547 PSF, the 5% discount is worth examining closely.
Prices have essentially flatlined over two years (-0.7%), suggesting a market in equilibrium. 36 transactions over two years gives deep liquidity and reliable pricing signals. For context, PARC CLEMATIS has gained 5.9% over the same period.
With ~95 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
With 275 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 |
|---|---|---|---|
| PARC CLEMATIS | $2,081 | 3.5% | +5.9% |
| ELTA | $2,547 | — | 0.0% |
| FABER RESIDENCE | $2,150 | — | 0.0% |
| BLOOMSBURY RESIDENCES | $2,504 | — | 0.0% |
| NORMANTON PARK | $2,075 | 3.7% | +10.3% |
PSF Trend
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