MAYSPRINGS
UrbanLens Analysis
MAYSPRINGS trades at $1,169 PSF, sitting 21% below the District 23 median of $1,471 PSF. The 5-minute walk to Bukit Panjang MRT (394m) is a tangible lifestyle and resale advantage. HILLHAVEN fetches $2,133 PSF nearby -- that 45% gap frames MAYSPRINGS's relative value proposition.
A 14.5% appreciation over two years is healthy without looking frothy. 42 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE MYST has lost 0.4% over the same period.
Around 67 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Gross yield of 3.8% beats the OCR average of 3.4%. With $4,715/month median rent, income-focused buyers have a real case here.
The 636-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SOL ACRES | $1,467 | — | +7.7% |
| LUMINA GRAND | $1,517 | — | -0.6% |
| THE BOTANY AT DAIRY FARM | $2,010 | — | -2.4% |
| THE MYST | $2,071 | — | -0.4% |
| HILLHAVEN | $2,133 | — | +3.3% |
PSF Trend
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