SOMMERVILLE GRANDEUR
UrbanLens Analysis
At $2,153 PSF, SOMMERVILLE GRANDEUR prices NaN% below the District 10 median. Being 3 minutes on foot from Farrer Road MRT (237m) adds genuine convenience and supports the pricing.
The 5.6% gain in two years signals steady demand -- solid, not speculative. 7 transactions over two years is modest; the trend is directional, not definitive.
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 2.1% beats the CCR average of 0.0%. With $7,008/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. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
PSF Trend
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