NEWTON EDGE

MAKEWAY AVENUE
RESALE CONDODistrict 09
Newton MRT · 6 min walk (460m)CCRFreehold
Gross Yield
3.1%
District avg: 3.0%
Median Rent
$3,315
per month
Total Units
104
2Y PSF Change
+8.9%
8 txns in 24m
vs District
-6%
D09 median: $2,215
Median PSF
2,073
0.9% QoQ
Total Sales
20
since 2021-02
Price Range
$802k$2.1M
all-time
Unit Size
754 sqft
Floors 116

UrbanLens Analysis

NEWTON EDGE commands $2,081 PSF -- 6% below what District 09 typically fetches ($2,215 PSF). Newton MRT is 460m away (6-min walk), functional but not a headline selling point. Against THE ROBERTSON OPUS at $3,359 PSF, the 38% discount is worth examining closely.

Prices are up 8.9% over two years, reflecting genuine buyer interest without bubble-level exuberance. 8 transactions over two years is modest; the trend is directional, not definitive. For context, SOPHIA HILLS has gained 3.6% over the same period.

Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 3.1% tracks the CCR average of 3.0%. At $3,315/month median rent, income is market-rate -- neither a standout nor a weakness.

The 104-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
RIVER GREEN$3,1250.0%
THE ROBERTSON OPUS$3,3590.0%
THE COLLECTIVE AT ONE SOPHIA$2,7670.0%
SOPHIA HILLS$2,1283.9%+3.6%
HILL HOUSE$3,081+1.3%

PSF Trend

Quarterly
1,920
2023-Q4
2,039
2024-Q1
2,140
2024-Q3
2,064
2024-Q4
2,080
2025-Q2
2,050
2025-Q3
2,099
2025-Q4
2,081
2026-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Feb 2026
DatePriceSizePSFFloor
Feb 2026$1,680,000807 sqft$2,08106-10
Oct 2025$1,220,000581 sqft$2,09906-10
Aug 2025$1,280,000624 sqft$2,05016-20
May 2025$918,000441 sqft$2,08006-10
Nov 2024$2,150,0001,066 sqft$2,01811-15
Oct 2024$1,590,000753 sqft$2,11001-05
Jul 2024$1,958,000915 sqft$2,14011-15
Mar 2024$1,030,000506 sqft$2,03606-10
Jan 2024$1,868,000915 sqft$2,04201-05
Oct 2023$1,550,000807 sqft$1,92011-15
Showing 10 of 20 transactions

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