NIM GARDENS
UrbanLens Analysis
NIM GARDENS commands $1,284 PSF -- 6% below what District 28 typically fetches ($1,370 PSF). Ang Mo Kio MRT is 1964m away (25-min walk), functional but not a headline selling point. Against PARC BOTANNIA at $1,634 PSF, the 21% discount is worth examining closely.
Prices are up 14.6% over two years, reflecting genuine buyer interest without bubble-level exuberance. 9 transactions over two years is modest; the trend is directional, not definitive. For context, HIGH PARK RESIDENCES has gained 10.4% 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.
The 124-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 |
|---|---|---|---|
| HIGH PARK RESIDENCES | $1,622 | 3.7% | +10.4% |
| THE TOPIARY | $1,459 | — | +19.6% |
| PARC BOTANNIA | $1,634 | 3.8% | +4.2% |
| RIVERBANK @ FERNVALE | $1,443 | 3.5% | +12.5% |
| LUSH ACRES | $1,370 | — | +9.3% |
PSF Trend
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