EAST COAST RESIDENCES
UrbanLens Analysis
EAST COAST RESIDENCES commands $1,762 PSF -- 19% above what District 16 typically fetches ($1,478 PSF). Bayshore MRT sits just 304m away (4-min walk), a clear connectivity win. Against BAGNALL HAUS at $2,500 PSF, the 30% discount is worth examining closely.
Prices have surged 19.2% in two years. That is strong performance, though buyers entering now face elevated downside risk. 9 transactions over two years is modest; the trend is directional, not definitive. For context, ECO has gained 5.0% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
The 59-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| BAGNALL HAUS | $2,500 | — | 0.0% |
| SCENECA RESIDENCE | $2,067 | — | -0.8% |
| URBAN VISTA | $1,570 | 4.0% | +3.9% |
| ECO | $1,521 | 3.9% | +5.0% |
| GRANDEUR PARK RESIDENCES | $1,965 | 3.3% | +10.0% |
PSF Trend
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