MARTIN MODERN
UrbanLens Analysis
At $2,748 PSF, MARTIN MODERN prices 24% above the District 09 median. Compare that to THE ROBERTSON OPUS at $3,359 PSF -- a 18% premium that buyers need to justify. The 6-minute walk to Great World MRT (448m) is workable, though not the kind of proximity that commands a premium on its own.
Prices have essentially flatlined over two years (+3.2%), suggesting a market in equilibrium. 49 transactions over two years gives deep liquidity and reliable pricing signals. For context, SOPHIA HILLS has gained 3.6% over the same period.
With ~89 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. At 3.9% gross yield versus the CCR average of 3.0%, rental returns are above-market. The $8,631/month median rent makes this genuinely compelling for income investors.
With 450 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
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
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.