CAVENDISH PARK
UrbanLens Analysis
CAVENDISH PARK trades at $1,543 PSF, sitting 9% below the District 21 median of $1,697 PSF. At 8 minutes from Dover MRT (663m), transit access is passable but not a differentiator. 8@BT fetches $2,727 PSF nearby -- that 43% gap frames CAVENDISH PARK's relative value proposition.
A 6.4% appreciation over two years is healthy without looking frothy. With 18 deals in two years, the pricing data has reasonable statistical weight. For context, KI RESIDENCES AT BROOKVALE has gained 10.0% over the same period.
Around 64 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Gross yield of 2.9% lags the RCR segment average of 3.5%. Investors here are betting on price growth over rental returns.
The 254-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets.
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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