COASTLINE RESIDENCES
UrbanLens Analysis
COASTLINE RESIDENCES commands $2,822 PSF -- 67% above what District 15 typically fetches ($1,689 PSF). Tanjong Katong MRT sits just 178m away (2-min walk), a clear connectivity win. Against MEYER BLUE at $3,205 PSF, the 12% discount is worth examining closely.
The +0.7% two-year price movement is negligible -- neither bullish nor bearish. With 13 deals in two years, the pricing data has reasonable statistical weight. For context, TEMBUSU GRAND has lost 1.7% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 3.0% lags the RCR segment average of 3.5%. Investors here are betting on price growth over rental returns.
At 144 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
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