CLEMENTIWOODS CONDOMINIUM
UrbanLens Analysis
CLEMENTIWOODS CONDOMINIUM commands $1,461 PSF -- 10% below what District 05 typically fetches ($1,618 PSF). Kent Ridge MRT is 1890m away (24-min walk), functional but not a headline selling point. Against ELTA at $2,547 PSF, the 43% discount is worth examining closely.
Prices are up 7.3% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 16 deals in two years, the pricing data has reasonable statistical weight. For context, NORMANTON PARK has gained 10.3% over the same period.
Roughly 79 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.5% tracks the OCR average of 3.4%. At $5,063/month median rent, income is market-rate -- neither a standout nor a weakness.
The 240-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 |
|---|---|---|---|
| PARC CLEMATIS | $2,081 | 3.5% | +5.9% |
| ELTA | $2,547 | — | 0.0% |
| FABER RESIDENCE | $2,150 | — | 0.0% |
| BLOOMSBURY RESIDENCES | $2,504 | — | 0.0% |
| NORMANTON PARK | $2,075 | 3.7% | +10.3% |
PSF Trend
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