ROBERTSON EDGE

TONG WATT ROAD
RESALE CONDODistrict 09
Fort Canning MRT · 5 min walk (433m)CCR999 yrs lease commencing from 1841
Gross Yield
4.7%
District avg: 3.0%
Median Rent
$3,601
per month
Total Units
70
2Y PSF Change
-3.9%
3 txns in 24m
vs District
-10%
D09 median: $2,215
Lease Remaining
814 yrs
999 yrs lease commencing from 1841
Median PSF
2,020
6.4% QoQ
Total Sales
17
since 2021-03
Price Range
$800k$1.6M
all-time
Unit Size
486 sqft
Floors 16

UrbanLens Analysis

ROBERTSON EDGE commands $1,997 PSF -- 10% below what District 09 typically fetches ($2,215 PSF). Fort Canning MRT sits just 433m away (5-min walk), a clear connectivity win. Against THE ROBERTSON OPUS at $3,359 PSF, the 41% discount is worth examining closely.

A 3.9% pullback over two years suggests the market is repricing this address. Patient buyers could benefit if the floor holds. Just 3 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, HILL HOUSE has gained 1.3% over the same period.

The 999-year lease is freehold in all but name. Lease decay is irrelevant for any practical investment horizon, and financing terms mirror true freehold. Gross yield of 4.7% beats the CCR average of 3.0%. With $3,601/month median rent, income-focused buyers have a real case here.

At 70 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
RIVER GREEN$3,1250.0%
THE ROBERTSON OPUS$3,3590.0%
THE COLLECTIVE AT ONE SOPHIA$2,7670.0%
SOPHIA HILLS$2,1283.9%+3.6%
HILL HOUSE$3,081+1.3%

PSF Trend

Quarterly
2,082
2022-Q2
2,078
2022-Q3
2,060
2022-Q4
2,109
2023-Q2
2,066
2023-Q3
2,015
2024-Q2
1,997
2025-Q1
1,870
2025-Q2

Recent Transactions

Data refreshed monthly · Last transaction: Apr 2025
DatePriceSizePSFFloor
Apr 2025$1,630,000872 sqft$1,87006-10
Jan 2025$860,000431 sqft$1,99701-05
Apr 2024$1,388,000689 sqft$2,01501-05
Jul 2023$950,000463 sqft$2,05206-10
Jul 2023$985,000474 sqft$2,08001-05
Apr 2023$840,000398 sqft$2,10906-10
Dec 2022$1,020,000495 sqft$2,06006-10
Sep 2022$850,000409 sqft$2,07801-05
Jun 2022$900,000431 sqft$2,09001-05
May 2022$960,000463 sqft$2,07406-10
Showing 10 of 17 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 $2,020 PSF median
Get Valuation →
🗺️
Explore on Map
See nearby condos, compare PSF trends
Open Map