LE WOOD
UrbanLens Analysis
LE WOOD trades at $1,274 PSF, sitting 25% below the District 21 median of $1,697 PSF. At 9 minutes from Beauty World MRT (705m), transit access is passable but not a differentiator. 8@BT fetches $2,727 PSF nearby -- that 53% gap frames LE WOOD's relative value proposition.
A 9.3% appreciation over two years is healthy without looking frothy. 7 transactions over two years is modest; the trend is directional, not definitive. For context, PINETREE HILL has gained 6.4% over the same period.
With ~72 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 58-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 |
|---|---|---|---|
| NAVA GROVE | $2,478 | — | 0.0% |
| PINETREE HILL | $2,543 | — | +6.4% |
| 8@BT | $2,727 | — | 0.0% |
| THE SEN | $2,338 | — | 0.0% |
| KI RESIDENCES AT BROOKVALE | $2,242 | 2.9% | +10.0% |
PSF Trend
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