CANBERRA CRESCENT RESIDENCES
UrbanLens Analysis
CANBERRA CRESCENT RESIDENCES commands $1,995 PSF -- 54% above what District 27 typically fetches ($1,299 PSF). Canberra MRT is 783m away (10-min walk), functional but not a headline selling point.
Prices have essentially flatlined over two years (+0.0%), suggesting a market in equilibrium. 311 transactions over two years gives deep liquidity and reliable pricing signals. For context, PARC LIFE has gained 6.0% over the same period.
With ~97 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 376 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously. In the Outside Central region, price sensitivity runs high. The value-for-money equation must be compelling to attract buyers.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| NORTH GAIA | $1,332 | — | +2.6% |
| THE VISIONAIRE | $1,424 | — | +7.1% |
| PARC LIFE | $1,348 | — | +6.0% |
| THE CRITERION | $1,303 | — | +3.6% |
| THE BROWNSTONE | $1,433 | — | +9.1% |
PSF Trend
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