RV SUITES
UrbanLens Analysis
At $1,935 PSF, RV SUITES prices 12% below the District 10 median. Compare that to 19 NASSIM at $3,381 PSF -- a 43% premium that buyers need to justify. The 6-minute walk to Great World MRT (514m) is workable, though not the kind of proximity that commands a premium on its own.
The +1.1% two-year price movement is negligible -- neither bullish nor bearish. 7 transactions over two years is modest; the trend is directional, not definitive. For context, D'LEEDON has gained 10.0% over the same period.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Gross yield of 4.0% beats the CCR average of 3.0%. With $3,391/month median rent, income-focused buyers have a real case here.
At 96 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SKYE AT HOLLAND | $2,949 | — | 0.0% |
| UPPERHOUSE AT ORCHARD BOULEVARD | $3,309 | — | 0.0% |
| CUSCADEN RESERVE | $3,024 | 3.2% | -19.9% |
| D'LEEDON | $2,044 | 3.2% | +10.0% |
| 19 NASSIM | $3,381 | — | -2.1% |
PSF Trend
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