SUITES @ SHREWSBURY
UrbanLens Analysis
SUITES @ SHREWSBURY trades at $1,913 PSF, sitting 4% below the District 11 median of $1,983 PSF. At 8 minutes from Novena MRT (617m), transit access is passable but not a differentiator. WATTEN HOUSE fetches $3,264 PSF nearby -- that 41% gap frames SUITES @ SHREWSBURY's relative value proposition.
A 4.7% 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, AMARYLLIS VILLE has gained 8.8% over the same period.
Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. 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 15 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 |
|---|---|---|---|
| WATTEN HOUSE | $3,264 | — | +1.8% |
| SANCTUARY@NEWTON | $2,691 | — | +1.7% |
| AMARYLLIS VILLE | $2,060 | 3.0% | +8.8% |
| PARK INFINIA AT WEE NAM | $2,425 | 2.7% | +4.3% |
| SOLEIL @ SINARAN | $2,070 | 3.3% | +4.4% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.