MARINE BLUE
UrbanLens Analysis
MARINE BLUE commands $2,271 PSF -- 34% above what District 15 typically fetches ($1,689 PSF). Marine Parade MRT sits just 137m away (2-min walk), a clear connectivity win. Against MEYER BLUE at $3,205 PSF, the 29% discount is worth examining closely.
Prices are up 6.5% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 12 deals in two years, the pricing data has reasonable statistical weight. For context, THE CONTINUUM has gained 5.0% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. The 3.0% yield trails the RCR average of 3.5%. At $4,201/month median rent, this is a capital-appreciation bet, not an income play.
The 124-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.