CASPIAN
UrbanLens Analysis
CASPIAN commands $1,511 PSF -- 9% above what District 22 typically fetches ($1,392 PSF). Lakeside MRT sits just 335m away (4-min walk), a clear connectivity win. Against SORA at $2,230 PSF, the 32% discount is worth examining closely.
Prices have surged 18.0% in two years. That is strong performance, though buyers entering now face elevated downside risk. 35 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE LAKESHORE has gained 15.7% over the same period.
Roughly 81 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.7% tracks the OCR average of 3.4%. At $6,121/month median rent, income is market-rate -- neither a standout nor a weakness.
The 712-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SORA | $2,230 | — | 0.0% |
| THE LAKEGARDEN RESIDENCES | $2,187 | — | +3.9% |
| WESTWOOD RESIDENCES | $1,340 | — | +11.0% |
| LAKE GRANDE | $1,851 | 4.3% | +9.3% |
| THE LAKESHORE | $1,474 | 3.7% | +15.7% |
PSF Trend
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