SUNSHINE REGENCY

RAMBAI ROAD
RESALE CONDODistrict 15
Eunos MRT · 12 min walk (944m)RCRFreehold
Total Units
33
2Y PSF Change
-13.9%
1 txns in 24m
vs District
-19%
D15 median: $1,689
Median PSF
1,425
16.9% QoQ
Total Sales
8
since 2021-05
Price Range
$1.2M$2.0M
all-time
Unit Size
1,044 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q2
Median PSF fell 16.9% quarter-on-quarter (from $1,640 in 2023-Q4 to $1,363 in 2024-Q2). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $1,363 PSF, SUNSHINE REGENCY prices 19% below the District 15 median. Compare that to MEYER BLUE at $3,205 PSF -- a 57% premium that buyers need to justify. The 12-minute walk to Eunos MRT (944m) is workable, though not the kind of proximity that commands a premium on its own.

A 13.9% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, GRAND DUNMAN has gained 0.4% 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. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 33-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,007
2021-Q2
1,023
2021-Q4
1,343
2022-Q1
1,547
2023-Q2
1,636
2023-Q3
1,640
2023-Q4
1,363
2024-Q2

Recent Transactions

Data refreshed monthly · Last transaction: Jun 2024
DatePriceSizePSFFloor
Jun 2024$2,040,0001,496 sqft$1,36301-05
Nov 2023$1,465,000893 sqft$1,64001-05
Aug 2023$1,250,000764 sqft$1,63601-05
May 2023$1,350,000893 sqft$1,51101-05
May 2023$1,210,000764 sqft$1,58301-05
Mar 2022$1,200,000893 sqft$1,34301-05
Dec 2021$1,530,0001,496 sqft$1,02301-05
May 2021$1,160,0001,152 sqft$1,00701-05
Showing 8 of 8 transactions

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