LANGSTON VILLE
UrbanLens Analysis
At $1,975 PSF, LANGSTON VILLE prices 11% below the District 09 median. Compare that to THE ROBERTSON OPUS at $3,359 PSF -- a 41% premium that buyers need to justify. The 8-minute walk to Great World MRT (602m) is workable, though not the kind of proximity that commands a premium on its own.
The 6.0% gain in two years signals steady demand -- solid, not speculative. 4 transactions over two years is modest; the trend is directional, not definitive. For context, SOPHIA HILLS has gained 3.6% over the same period.
The 999-year lease is freehold in all but name. Lease decay is irrelevant for any practical investment horizon, and financing terms mirror true freehold. Gross yield of 2.9% tracks the CCR average of 3.0%. At $4,223/month median rent, income is market-rate -- neither a standout nor a weakness.
The 54-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 |
|---|---|---|---|
| RIVER GREEN | $3,125 | — | 0.0% |
| THE ROBERTSON OPUS | $3,359 | — | 0.0% |
| THE COLLECTIVE AT ONE SOPHIA | $2,767 | — | 0.0% |
| SOPHIA HILLS | $2,128 | 3.9% | +3.6% |
| HILL HOUSE | $3,081 | — | +1.3% |
PSF Trend
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