NORTHWOOD
UrbanLens Analysis
NORTHWOOD commands $1,222 PSF -- 6% below what District 27 typically fetches ($1,299 PSF). Yishun MRT is 1218m away (15-min walk), functional but not a headline selling point. Against CANBERRA CRESCENT RESIDENCES at $1,995 PSF, the 39% discount is worth examining closely.
Prices are up 10.8% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 12 deals in two years, the pricing data has reasonable statistical weight. For context, PARC LIFE has gained 6.0% 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 140-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments. In the Outside Central region, price sensitivity runs high. The value-for-money equation must be compelling to attract buyers.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| CANBERRA CRESCENT RESIDENCES | $1,995 | — | 0.0% |
| NORTH GAIA | $1,332 | — | +2.6% |
| THE VISIONAIRE | $1,424 | — | +7.1% |
| PARC LIFE | $1,348 | — | +6.0% |
| THE CRITERION | $1,303 | — | +3.6% |
PSF Trend
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