MULBERRY TREE
UrbanLens Analysis
MULBERRY TREE commands $1,760 PSF -- 11% below what District 11 typically fetches ($1,983 PSF). Novena MRT sits just 379m away (5-min walk), a clear connectivity win. Against WATTEN HOUSE at $3,264 PSF, the 46% discount is worth examining closely.
Prices have essentially flatlined over two years (-0.3%), suggesting a market in equilibrium. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, SANCTUARY@NEWTON has gained 1.7% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 32-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| WATTEN HOUSE | $3,264 | — | +1.8% |
| SANCTUARY@NEWTON | $2,691 | — | +1.7% |
| AMARYLLIS VILLE | $2,060 | 3.0% | +8.8% |
| PARK INFINIA AT WEE NAM | $2,425 | 2.7% | +4.3% |
| SOLEIL @ SINARAN | $2,070 | 3.3% | +4.4% |
PSF Trend
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