COASTAL VIEW RESIDENCES
UrbanLens Analysis
COASTAL VIEW RESIDENCES trades at $1,141 PSF, sitting 4% below the District 17 median of $1,183 PSF. At 19 minutes from Pasir Ris MRT (1486m), transit access is passable but not a differentiator. KASSIA fetches $2,065 PSF nearby -- that 45% gap frames COASTAL VIEW RESIDENCES's relative value proposition.
The +2.2% two-year price movement is negligible -- neither bullish nor bearish. 7 transactions over two years is modest; the trend is directional, not definitive. For context, HEDGES PARK CONDOMINIUM has gained 11.0% over the same period.
The 999-year lease is freehold in all but name. Lease decay is irrelevant for any practical investment horizon, and financing terms mirror true freehold. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
At just 40 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| COASTAL CABANA | $1,790 | — | 0.0% |
| KASSIA | $2,065 | — | 0.0% |
| HEDGES PARK CONDOMINIUM | $1,274 | 4.3% | +11.0% |
| PARC OLYMPIA | $1,192 | 4.5% | +7.2% |
| THE INFLORA | $1,320 | 4.1% | +4.5% |
PSF Trend
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