MOONSTONE ROYALE

MOONSTONE LANE
RESALE CONDODistrict 12
Potong Pasir MRT · 7 min walk (530m)RCRFreehold
Total Units
16
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,246
9.8% QoQ
Total Sales
2
since 2023-05
Price Range
$980k$1.1M
all-time
Unit Size
834 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q1
Median PSF fell 9.8% quarter-on-quarter (from $1,310 in 2023-Q2 to $1,182 in 2024-Q1). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $0 PSF, MOONSTONE ROYALE prices NaN% below the District 12 median. Compare that to THE ORIE at $2,723 PSF -- a 100% premium that buyers need to justify. The 7-minute walk to Potong Pasir MRT (530m) is workable, though not the kind of proximity that commands a premium on its own.

A 100.0% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. Just 0 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, TREVISTA has gained 16.8% 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.

A boutique 16-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
THE ORIE$2,7230.0%
EIGHT RIVERSUITES$1,8584.2%+12.9%
GEM RESIDENCES$1,9453.6%+8.4%
TREVISTA$1,9022.7%+16.8%
THE ARCADY AT BOON KENG$2,617+1.6%

PSF Trend

Quarterly
1,310
2023-Q2
1,182
2024-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Feb 2024
DatePriceSizePSFFloor
Feb 2024$980,000829 sqft$1,18201-05
May 2023$1,100,000840 sqft$1,31001-05
Showing 2 of 2 transactions

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