PULLMAN RESIDENCES NEWTON
UrbanLens Analysis
PULLMAN RESIDENCES NEWTON commands $3,091 PSF -- 56% above what District 11 typically fetches ($1,983 PSF). Newton MRT sits just 253m away (3-min walk), a clear connectivity win. Against WATTEN HOUSE at $3,264 PSF, the 5% discount is worth examining closely.
The -0.7% two-year price movement is negligible -- neither bullish nor bearish. 10 transactions over two years is modest; the trend is directional, not definitive. For context, SOLEIL @ SINARAN has gained 4.4% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 2.8% tracks the CCR average of 3.0%. At $9,288/month median rent, income is market-rate -- neither a standout nor a weakness.
The 340-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| WATTEN HOUSE | $3,264 | — | +1.8% |
| SANCTUARY@NEWTON | $2,691 | — | +1.7% |
| AMARYLLIS VILLE | $2,060 | 3.0% | +8.8% |
| PARK INFINIA AT WEE NAM | $2,425 | 2.7% | +4.3% |
| SOLEIL @ SINARAN | $2,070 | 3.3% | +4.4% |
PSF Trend
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