THE CASSANDRA
UrbanLens Analysis
THE CASSANDRA trades at $1,511 PSF, sitting 7% below the District 05 median of $1,618 PSF. The 3-minute walk to Pasir Panjang MRT (203m) is a tangible lifestyle and resale advantage. ELTA fetches $2,547 PSF nearby -- that 41% gap frames THE CASSANDRA's relative value proposition.
A 14.9% appreciation over two years is healthy without looking frothy. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, NORMANTON PARK has gained 10.3% 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 20 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 |
|---|---|---|---|
| PARC CLEMATIS | $2,081 | 3.5% | +5.9% |
| ELTA | $2,547 | — | 0.0% |
| FABER RESIDENCE | $2,150 | — | 0.0% |
| BLOOMSBURY RESIDENCES | $2,504 | — | 0.0% |
| NORMANTON PARK | $2,075 | 3.7% | +10.3% |
PSF Trend
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