LES MAISONS NASSIM

NASSIM ROAD
RESALE CONDODistrict 10
Napier MRT · 8 min walk (629m)CCRFreehold
Total Units
14
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
5,549
9.0% QoQ
Total Sales
14
since 2021-05
Price Range
$30.8M$75.0M
all-time
Unit Size
7,862 sqft
Floors 11
PSF MOVEMENT ALERT — 2023-Q2
Median PSF fell 9.0% quarter-on-quarter (from $5,727 in 2023-Q1 to $5,213 in 2023-Q2). Only 3 transactions this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

LES MAISONS NASSIM is an exclusive 14-unit development on NASSIM ROAD in District 10 (CCR). Freehold title eliminates lease decay risk entirely, a structural advantage for long-term holders. At 8 minutes on foot to Napier MRT (629m), connectivity is reasonable though not doorstep convenience. Insufficient recent transactions make current PSF pricing unreliable; the District 10 median sits at $2,197 PSF.

Prices have slipped 100% over two years, a sign of weakening buyer appetite at current levels. Only 0 transaction(s) recorded -- treat the median as directional rather than definitive. Nearby D'LEEDON posted 10% growth in the same window, providing a benchmark for relative performance.

No rental yield data is available, likely reflecting owner-occupier dominance or insufficient leasing volume. For rental benchmarking, CUSCADEN RESERVE achieves 3.17% gross yield at $3,024 PSF.

LES MAISONS NASSIM trades in line with D'LEEDON ($2,044 PSF). The bull case rests on a deep discount to district median, perpetual tenure. However, weakening prices tempers the outlook. Suited for buyers who value a over liquidity.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
SKYE AT HOLLAND$2,9490.0%
UPPERHOUSE AT ORCHARD BOULEVARD$3,3090.0%
CUSCADEN RESERVE$3,0243.2%-19.9%
D'LEEDON$2,0443.2%+10.0%
19 NASSIM$3,381-2.1%

PSF Trend

Quarterly
5,930
2021-Q2
5,786
2021-Q4
5,053
2022-Q1
5,461
2022-Q2
5,296
2022-Q3
5,942
2022-Q4
5,727
2023-Q1
5,213
2023-Q2

Recent Transactions

Data refreshed monthly · Last transaction: Jun 2023
DatePriceSizePSFFloor
Jun 2023$32,748,7006,179 sqft$5,30001-05
Jun 2023$30,764,6006,092 sqft$5,05001-05
May 2023$45,000,0008,633 sqft$5,21301-05
Feb 2023$36,000,0006,286 sqft$5,72701-05
Nov 2022$36,000,0006,179 sqft$5,82701-05
Oct 2022$68,000,00011,227 sqft$6,05701-05
Sep 2022$46,000,0008,687 sqft$5,29601-05
Apr 2022$36,977,2806,771 sqft$5,46101-05
Mar 2022$59,768,64012,066 sqft$4,95301-05
Feb 2022$34,612,5006,717 sqft$5,15301-05
Showing 10 of 14 transactions

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