SUITES DE LAUREL
UrbanLens Analysis
SUITES DE LAUREL trades at $1,787 PSF, sitting 5% above the District 21 median of $1,697 PSF. At 6 minutes from Beauty World MRT (497m), transit access is passable but not a differentiator. 8@BT fetches $2,727 PSF nearby -- that 34% gap frames SUITES DE LAUREL's relative value proposition.
A 20.5% jump over two years is aggressive -- late buyers risk overpaying near a cyclical peak. 9 transactions over two years is modest; the trend is directional, not definitive. For context, KI RESIDENCES AT BROOKVALE has gained 10.0% 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 3.8% tracks the RCR average of 3.5%. At $3,289/month median rent, income is market-rate -- neither a standout nor a weakness.
At 72 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| NAVA GROVE | $2,478 | — | 0.0% |
| PINETREE HILL | $2,543 | — | +6.4% |
| 8@BT | $2,727 | — | 0.0% |
| THE SEN | $2,338 | — | 0.0% |
| KI RESIDENCES AT BROOKVALE | $2,242 | 2.9% | +10.0% |
PSF Trend
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