KANDIS RESIDENCE
UrbanLens Analysis
At $1,368 PSF, KANDIS RESIDENCE prices 5% above the District 27 median. Compare that to CANBERRA CRESCENT RESIDENCES at $1,995 PSF -- a 31% premium that buyers need to justify. The 21-minute walk to Canberra MRT (1688m) is workable, though not the kind of proximity that commands a premium on its own.
The 2.3% 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, NORTH GAIA has gained 2.6% over the same period.
With ~89 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
The 130-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| CANBERRA CRESCENT RESIDENCES | $1,995 | — | 0.0% |
| 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
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.