NOMA
UrbanLens Analysis
NOMA commands $1,765 PSF -- 19% above what District 14 typically fetches ($1,488 PSF). Dakota MRT is 535m away (7-min walk), functional but not a headline selling point. Against PARC ESTA at $2,271 PSF, the 22% discount is worth examining closely.
The +0.1% two-year price movement is negligible -- neither bullish nor bearish. Just 3 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, SIMS URBAN OASIS has gained 11.3% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 4.0% beats the RCR average of 3.5%. With $3,827/month median rent, income-focused buyers have a real case here.
At just 50 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| PARC ESTA | $2,271 | 3.6% | +7.8% |
| PENROSE | $2,092 | 3.3% | +18.8% |
| SIMS URBAN OASIS | $1,903 | 4.0% | +11.3% |
| EUHABITAT | $1,414 | 4.2% | +3.1% |
| PARK PLACE RESIDENCES AT PLQ | $2,254 | 3.8% | +4.8% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.