CORONATION GROVE
UrbanLens Analysis
CORONATION GROVE trades at $1,740 PSF, sitting 21% below the District 10 median of $2,197 PSF. At 7 minutes from Tan Kah Kee MRT (572m), transit access is passable but not a differentiator. 19 NASSIM fetches $3,381 PSF nearby -- that 49% gap frames CORONATION GROVE's relative value proposition.
A 6.9% pullback over two years suggests the market is repricing this address. Patient buyers could benefit if the floor holds. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, D'LEEDON has gained 10.0% 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 24 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 |
|---|---|---|---|
| SKYE AT HOLLAND | $2,949 | — | 0.0% |
| UPPERHOUSE AT ORCHARD BOULEVARD | $3,309 | — | 0.0% |
| CUSCADEN RESERVE | $3,024 | 3.2% | -19.9% |
| D'LEEDON | $2,044 | 3.2% | +10.0% |
| 19 NASSIM | $3,381 | — | -2.1% |
PSF Trend
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