CITYSCAPE @FARRER PARK
UrbanLens Analysis
CITYSCAPE @FARRER PARK commands $1,677 PSF -- 4% above what District 08 typically fetches ($1,607 PSF). Farrer Park MRT is 630m away (8-min walk), functional but not a headline selling point. Against STURDEE RESIDENCES at $2,122 PSF, the 21% discount is worth examining closely.
Prices are up 7.9% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 26 deals in two years, the pricing data has reasonable statistical weight. For context, UPTOWN @ FARRER has gained 24.4% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 2.8% lags the RCR segment average of 3.5%. Investors here are betting on price growth over rental returns.
The 250-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 |
|---|---|---|---|
| STURDEE RESIDENCES | $2,122 | 3.9% | +7.6% |
| CITYLIGHTS | $1,921 | 3.4% | +8.6% |
| CITY SQUARE RESIDENCES | $2,072 | 2.9% | +6.7% |
| KERRISDALE | $1,616 | 3.3% | +17.4% |
| UPTOWN @ FARRER | $2,012 | 3.9% | +24.4% |
PSF Trend
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