MONTEBLEU
UrbanLens Analysis
MONTEBLEU commands $1,991 PSF -- NaN% below what District 11 typically fetches ($0 PSF). Novena MRT is 797m away (10-min walk), functional but not a headline selling point.
Prices are up 9.2% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 14 deals in two years, the pricing data has reasonable statistical weight.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 3.1% beats the CCR average of 0.0%. With $4,246/month median rent, income-focused buyers have a real case here.
At 151 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
PSF Trend
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