DRAYCOTT EIGHT
UrbanLens Analysis
DRAYCOTT EIGHT trades at $2,186 PSF, sitting 1% below the District 10 median of $2,197 PSF. At 9 minutes from Newton MRT (697m), transit access is passable but not a differentiator. 19 NASSIM fetches $3,381 PSF nearby -- that 35% gap frames DRAYCOTT EIGHT's relative value proposition.
The +2.3% two-year price movement is negligible -- neither bullish nor bearish. With 14 deals in two years, the pricing data has reasonable statistical weight. For context, D'LEEDON has gained 10.0% over the same period.
Around 70 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Gross yield of 3.2% tracks the CCR average of 3.0%. At $8,690/month median rent, income is market-rate -- neither a standout nor a weakness.
At 136 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
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
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.