SANDY PALM
UrbanLens Analysis
SANDY PALM trades at $1,054 PSF, sitting 11% below the District 17 median of $1,183 PSF. At 17 minutes from Pasir Ris MRT (1337m), transit access is passable but not a differentiator. KASSIA fetches $2,065 PSF nearby -- that 49% gap frames SANDY PALM's relative value proposition.
A 18.4% jump over two years is aggressive -- late buyers risk overpaying near a cyclical peak. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, HEDGES PARK CONDOMINIUM has gained 11.0% over the same period.
Around 69 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
At just 48 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| COASTAL CABANA | $1,790 | — | 0.0% |
| KASSIA | $2,065 | — | 0.0% |
| HEDGES PARK CONDOMINIUM | $1,274 | 4.3% | +11.0% |
| PARC OLYMPIA | $1,192 | 4.5% | +7.2% |
| THE INFLORA | $1,320 | 4.1% | +4.5% |
PSF Trend
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