PUBLIC MANSION

BALESTIER ROAD
RESALE CONDODistrict 12
Toa Payoh MRT · 9 min walk (699m)RCRFreehold
Total Units
30
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,084
29.6% QoQ
Total Sales
2
since 2022-08
Price Range
$1.9M$2.3M
all-time
Unit Size
1,916 sqft
Floors 66
PSF MOVEMENT ALERT — 2023-Q3
Median PSF rose 29.6% quarter-on-quarter (from $944 in 2022-Q3 to $1,223 in 2023-Q3). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

PUBLIC MANSION commands $0 PSF -- NaN% below what District 12 typically fetches ($1,562 PSF). Toa Payoh MRT is 699m away (9-min walk), functional but not a headline selling point. Against THE ORIE at $2,723 PSF, the 100% discount is worth examining closely.

A 100.0% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. Just 0 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, EIGHT RIVERSUITES has gained 12.9% 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.

A boutique 30-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
THE ORIE$2,7230.0%
EIGHT RIVERSUITES$1,8584.2%+12.9%
GEM RESIDENCES$1,9453.6%+8.4%
TREVISTA$1,9022.7%+16.8%
THE ARCADY AT BOON KENG$2,617+1.6%

PSF Trend

Quarterly
944
2022-Q3
1,223
2023-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Jul 2023
DatePriceSizePSFFloor
Jul 2023$2,290,0001,873 sqft$1,22306-10
Aug 2022$1,850,0001,959 sqft$94406-10
Showing 2 of 2 transactions

Location

Open in full map

Own a unit here?

Get an instant valuation based on real transaction data for your floor and unit size.

🏠
Check Your Value
Floor-adjusted valuation based on $1,084 PSF median
Get Valuation →
🗺️
Explore on Map
See nearby condos, compare PSF trends
Open Map