ESPADA
UrbanLens Analysis
At $2,290 PSF, ESPADA prices 3% above the District 09 median. Compare that to THE ROBERTSON OPUS at $3,359 PSF -- a 32% premium that buyers need to justify. Being 5 minutes on foot from Somerset MRT (404m) adds genuine convenience and supports the pricing.
The 8.0% slide over two years points to softening demand. Value hunters may see opportunity; others should wait for signs of stabilization. With 16 deals in two years, the pricing data has reasonable statistical weight. For context, SOPHIA HILLS has gained 3.6% over the same period.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. At 3.5% gross yield versus the CCR average of 3.0%, rental returns are above-market. The $4,159/month median rent makes this genuinely compelling for income investors.
With 232 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| RIVER GREEN | $3,125 | — | 0.0% |
| THE ROBERTSON OPUS | $3,359 | — | 0.0% |
| THE COLLECTIVE AT ONE SOPHIA | $2,767 | — | 0.0% |
| SOPHIA HILLS | $2,128 | 3.9% | +3.6% |
| HILL HOUSE | $3,081 | — | +1.3% |
PSF Trend
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