LA MAISON

MOULMEIN RISE
RESALE CONDODistrict 11
Novena MRT · 5 min walk (386m)CCRFreehold
Total Units
24
2Y PSF Change
+4.2%
3 txns in 24m
vs District
-1%
D11 median: $1,983
Median PSF
1,949
3.4% QoQ
Total Sales
10
since 2021-03
Price Range
$2.0M$2.6M
all-time
Unit Size
1,281 sqft
Floors 111

UrbanLens Analysis

LA MAISON commands $1,969 PSF -- 1% below what District 11 typically fetches ($1,983 PSF). Novena MRT sits just 386m away (5-min walk), a clear connectivity win. Against WATTEN HOUSE at $3,264 PSF, the 40% discount is worth examining closely.

Prices have essentially flatlined over two years (+4.2%), suggesting a market in equilibrium. Just 3 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, SANCTUARY@NEWTON has gained 1.7% over the same period.

Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 24-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
WATTEN HOUSE$3,264+1.8%
SANCTUARY@NEWTON$2,691+1.7%
AMARYLLIS VILLE$2,0603.0%+8.8%
PARK INFINIA AT WEE NAM$2,4252.7%+4.3%
SOLEIL @ SINARAN$2,0703.3%+4.4%

PSF Trend

Quarterly
1,610
2021-Q1
1,618
2021-Q2
1,674
2022-Q2
1,843
2022-Q3
1,942
2023-Q4
1,969
2024-Q1
1,959
2024-Q2
2,025
2025-Q2

Recent Transactions

Data refreshed monthly · Last transaction: Jun 2025
DatePriceSizePSFFloor
Jun 2025$2,550,0001,259 sqft$2,02506-10
May 2024$2,530,0001,292 sqft$1,95906-10
Mar 2024$2,480,0001,259 sqft$1,96911-15
Jan 2024$2,400,0001,270 sqft$1,89011-15
Jan 2024$2,560,0001,270 sqft$2,01611-15
Dec 2023$2,528,8001,302 sqft$1,94201-05
Sep 2022$2,400,0001,302 sqft$1,84306-10
Jun 2022$2,180,0001,302 sqft$1,67401-05
May 2021$2,038,0001,259 sqft$1,61811-15
Mar 2021$2,080,0001,292 sqft$1,61001-05
Showing 10 of 10 transactions

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