CARDIFF RESIDENCE
UrbanLens Analysis
At $1,672 PSF, CARDIFF RESIDENCE prices 14% above the District 19 median. Compare that to CHUAN PARK at $2,596 PSF -- a 36% premium that buyers need to justify. Being 5 minutes on foot from Lorong Chuan MRT (409m) adds genuine convenience and supports the pricing.
The 10.0% gain in two years signals steady demand -- solid, not speculative. With 17 deals in two years, the pricing data has reasonable statistical weight. For context, AFFINITY AT SERANGOON has gained 2.6% over the same period.
Roughly 84 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 4.4% beats the OCR average of 3.4%. With $2,699/month median rent, income-focused buyers have a real case here.
At 163 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| CHUAN PARK | $2,596 | 1.3% | 0.0% |
| THE FLORENCE RESIDENCES | $1,779 | 3.4% | +0.8% |
| AFFINITY AT SERANGOON | $1,794 | 3.5% | +2.6% |
| RIVERFRONT RESIDENCES | $1,706 | 3.7% | +6.8% |
| THE GARDEN RESIDENCES | $1,829 | 3.9% | +2.7% |
PSF Trend
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