THE BAYCOURT
UrbanLens Analysis
At $1,568 PSF, THE BAYCOURT prices 6% above the District 16 median. Compare that to BAGNALL HAUS at $2,500 PSF -- a 37% premium that buyers need to justify. Being 4 minutes on foot from Bayshore MRT (299m) adds genuine convenience and supports the pricing.
The 13.0% gain in two years signals steady demand -- solid, not speculative. 4 transactions over two years is modest; the trend is directional, not definitive. For context, SCENECA RESIDENCE has lost 0.8% 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.
The 56-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| BAGNALL HAUS | $2,500 | — | 0.0% |
| SCENECA RESIDENCE | $2,067 | — | -0.8% |
| URBAN VISTA | $1,570 | 4.0% | +3.9% |
| ECO | $1,521 | 3.9% | +5.0% |
| GRANDEUR PARK RESIDENCES | $1,965 | 3.3% | +10.0% |
PSF Trend
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