THE BOUTIQ
UrbanLens Analysis
THE BOUTIQ commands $2,153 PSF -- 3% below what District 09 typically fetches ($2,215 PSF). Somerset MRT sits just 407m away (5-min walk), a clear connectivity win. Against THE ROBERTSON OPUS at $3,359 PSF, the 36% discount is worth examining closely.
Prices have surged 44.3% in two years. That is strong performance, though buyers entering now face elevated downside risk. 5 transactions over two years is modest; the trend is directional, not definitive. For context, HILL HOUSE has gained 1.3% over the same period.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 3.5% beats the CCR average of 3.0%. With $5,428/month median rent, income-focused buyers have a real case here.
At 130 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.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| RIVER GREEN | $3,125 | — | 0.0% |
| THE ROBERTSON OPUS | $3,359 | — | 0.0% |
| THE COLLECTIVE AT ONE SOPHIA | $2,767 | — | 0.0% |
| SOPHIA HILLS | $2,128 | 3.9% | +3.6% |
| HILL HOUSE | $3,081 | — | +1.3% |
PSF Trend
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