PRESIDIO

CEYLON LANE
RESALE CONDODistrict 15
Eunos MRT · 13 min walk (1079m)RCRFreehold
Total Units
8
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,309
23.8% QoQ
Total Sales
3
since 2022-03
Price Range
$1.3M$2.1M
all-time
Unit Size
1,249 sqft
Floors 11
PSF MOVEMENT ALERT — 2023-Q2
Median PSF rose 23.8% quarter-on-quarter (from $1,141 in 2022-Q2 to $1,413 in 2023-Q2). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

PRESIDIO is a freehold boutique 8-unit development on CEYLON LANE in District 15 (RCR). The nearest station (Eunos MRT) is 13 minutes away -- moderate connectivity that may deter MRT-reliant tenants. At $0 PSF it aligns with the D15 median of $1,689 PSF -- fairly priced by the district's own standard.

Limited recent transaction data makes it harder to gauge price momentum -- buyers should rely on comparable sales for price discovery. Against EMERALD OF KATONG at $2,628 PSF (flat), it trades at a 0% discount.

Rental yield data is unavailable, though freehold tenure supports long-term capital preservation. Benchmark against D15 average yield of 3.06% before projecting returns. THE CONTINUUM at $2,869 PSF (+5%) is a relevant comparator in the same corridor.

With only 8 units, resale liquidity is thin -- expect longer marketing periods and wider bid-ask spreads. Within the competitive set, GRAND DUNMAN at $2,533 PSF (+0.4%) provides a reference for local market direction.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,373
2022-Q1
1,141
2022-Q2
1,413
2023-Q2

Recent Transactions

Data refreshed monthly · Last transaction: May 2023
DatePriceSizePSFFloor
May 2023$1,368,888969 sqft$1,41301-05
May 2022$2,063,8881,808 sqft$1,14101-05
Mar 2022$1,330,000969 sqft$1,37301-05
Showing 3 of 3 transactions

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