MAYFAIR GARDENS
UrbanLens Analysis
MAYFAIR GARDENS trades at $2,125 PSF, sitting 25% above the District 21 median of $1,697 PSF. The 4-minute walk to King Albert Park MRT (321m) is a tangible lifestyle and resale advantage. 8@BT fetches $2,727 PSF nearby -- that 22% gap frames MAYFAIR GARDENS's relative value proposition.
The +3.6% two-year price movement is negligible -- neither bullish nor bearish. With 14 deals in two years, the pricing data has reasonable statistical weight. For context, KI RESIDENCES AT BROOKVALE has gained 10.0% over the same period.
Roughly 91 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.4% tracks the RCR average of 3.5%. At $4,956/month median rent, income is market-rate -- neither a standout nor a weakness.
The 215-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets.
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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