HOA NAM BUILDING
UrbanLens Analysis
At $1,403 PSF, HOA NAM BUILDING prices 13% below the District 08 median. Compare that to STURDEE RESIDENCES at $2,122 PSF -- a 34% premium that buyers need to justify. Being 5 minutes on foot from Bendemeer MRT (367m) adds genuine convenience and supports the pricing.
A 11.5% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, CITYLIGHTS has gained 8.6% 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. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 36-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| STURDEE RESIDENCES | $2,122 | 3.9% | +7.6% |
| CITYLIGHTS | $1,921 | 3.4% | +8.6% |
| CITY SQUARE RESIDENCES | $2,072 | 2.9% | +6.7% |
| CITYSCAPE @FARRER PARK | $1,677 | 2.8% | +7.9% |
| KERRISDALE | $1,616 | 3.3% | +17.4% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.