PALM LOFT
UrbanLens Analysis
PALM LOFT commands $1,267 PSF -- 25% below what District 15 typically fetches ($1,689 PSF). Eunos MRT is 570m away (7-min walk), functional but not a headline selling point. Against MEYER BLUE at $3,205 PSF, the 60% discount is worth examining closely.
A 8.0% pullback over two years suggests the market is repricing this address. Patient buyers could benefit if the floor holds. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, TEMBUSU GRAND has lost 1.7% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
At just 16 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 |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
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