MERALODGE
UrbanLens Analysis
At $1,441 PSF, MERALODGE prices 2% below the District 23 median. Compare that to HILLHAVEN at $2,133 PSF -- a 32% premium that buyers need to justify. The 11-minute walk to Hume MRT (875m) is workable, though not the kind of proximity that commands a premium on its own.
The 13.9% gain in two years signals steady demand -- solid, not speculative. 5 transactions over two years is modest; the trend is directional, not definitive. For context, SOL ACRES has gained 7.7% over the same period.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
The 87-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.
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
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.