GISBORNE LIGHT
UrbanLens Analysis
At $1,787 PSF, GISBORNE LIGHT prices 19% below the District 10 median. Compare that to 19 NASSIM at $3,381 PSF -- a 47% premium that buyers need to justify. The 8-minute walk to Stevens MRT (657m) is workable, though not the kind of proximity that commands a premium on its own.
The -0.9% two-year price movement is negligible -- neither bullish nor bearish. Just 1 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 freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. 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 17 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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