GRANDEUR PARK RESIDENCES
UrbanLens Analysis
GRANDEUR PARK RESIDENCES trades at $1,965 PSF, sitting 33% above the District 16 median of $1,478 PSF. The 3-minute walk to Tanah Merah MRT (234m) is a tangible lifestyle and resale advantage. BAGNALL HAUS fetches $2,500 PSF nearby -- that 21% gap frames GRANDEUR PARK RESIDENCES's relative value proposition.
A 10.0% appreciation over two years is healthy without looking frothy. 77 transactions over two years gives deep liquidity and reliable pricing signals. For context, URBAN VISTA has gained 3.9% over the same period.
Roughly 89 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.3% tracks the OCR average of 3.4%. At $3,596/month median rent, income is market-rate -- neither a standout nor a weakness.
The 722-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
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% |
| THE BAYSHORE | $1,373 | 3.4% | +10.8% |
PSF Trend
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