ONE DRAYCOTT
UrbanLens Analysis
ONE DRAYCOTT commands $3,114 PSF -- 42% above what District 10 typically fetches ($2,197 PSF). Newton MRT is 837m away (10-min walk), functional but not a headline selling point. Against 19 NASSIM at $3,381 PSF, the 8% discount is worth examining closely.
The 4.2% slide over two years points to softening demand. Value hunters may see opportunity; others should wait for signs of stabilization. With 12 deals in two years, the pricing data has reasonable statistical weight. For context, CUSCADEN RESERVE has lost 19.9% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. The 2.6% yield trails the CCR average of 3.0%. At $5,440/month median rent, this is a capital-appreciation bet, not an income play.
The 64-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 |
|---|---|---|---|
| SKYE AT HOLLAND | $2,949 | — | 0.0% |
| UPPERHOUSE AT ORCHARD BOULEVARD | $3,309 | — | 0.0% |
| CUSCADEN RESERVE | $3,024 | 3.2% | -19.9% |
| D'LEEDON | $2,044 | 3.2% | +10.0% |
| 19 NASSIM | $3,381 | — | -2.1% |
PSF Trend
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