EUPHONY GARDENS

JALAN MATA AYER
RESALE CONDODistrict 27
Khatib MRT · 15 min walk (1220m)OCR99 yrs lease commencing from 1998
Gross Yield
3.7%
District avg: 3.5%
Median Rent
$3,505
per month
Total Units
304
2Y PSF Change
+9.8%
26 txns in 24m
vs District
-28%
D27 median: $1,299
Lease Remaining
71 yrs
99 yrs lease commencing from 1998
Median PSF
941
9.1% QoQ
Total Sales
67
since 2021-04
Price Range
$655k$2.2M
all-time
Unit Size
1,366 sqft
Floors 11
PSF MOVEMENT ALERT — 2026-Q1
Median PSF fell 9.1% quarter-on-quarter (from $1,066 in 2025-Q4 to $969 in 2026-Q1). Only 2 transactions this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $930 PSF, EUPHONY GARDENS prices 28% below the District 27 median. Compare that to CANBERRA CRESCENT RESIDENCES at $1,995 PSF -- a 53% premium that buyers need to justify. The 15-minute walk to Khatib MRT (1220m) is workable, though not the kind of proximity that commands a premium on its own.

The 9.8% gain in two years signals steady demand -- solid, not speculative. With 26 deals in two years, the pricing data has reasonable statistical weight. For context, NORTH GAIA has gained 2.6% over the same period.

With ~71 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Gross yield of 3.7% tracks the OCR average of 3.4%. At $3,505/month median rent, income is market-rate -- neither a standout nor a weakness.

With 304 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
CANBERRA CRESCENT RESIDENCES$1,9950.0%
NORTH GAIA$1,332+2.6%
THE VISIONAIRE$1,424+7.1%
PARC LIFE$1,348+6.0%
THE CRITERION$1,303+3.6%

PSF Trend

Quarterly
975
2024-Q2
912
2024-Q3
962
2024-Q4
904
2025-Q1
888
2025-Q2
889
2025-Q3
1,066
2025-Q4
969
2026-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Feb 2026
DatePriceSizePSFFloor
Feb 2026$1,050,0001,076 sqft$97501-05
Jan 2026$1,140,0001,184 sqft$96301-05
Dec 2025$780,000732 sqft$1,06601-05
Sep 2025$1,018,0001,163 sqft$87601-05
Sep 2025$2,179,0002,454 sqft$88801-05
Sep 2025$1,230,0001,281 sqft$96001-05
Sep 2025$785,000883 sqft$88901-05
Jun 2025$1,050,0001,044 sqft$1,00601-05
Jun 2025$1,830,0002,088 sqft$87601-05
Jun 2025$1,250,0001,518 sqft$82401-05
Showing 10 of 67 transactions

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