THE CENTRIS
UrbanLens Analysis
At $1,609 PSF, THE CENTRIS prices 16% above the District 22 median. Compare that to SORA at $2,230 PSF -- a 28% premium that buyers need to justify. Being 2 minutes on foot from Boon Lay MRT (154m) adds genuine convenience and supports the pricing.
The 24.2% two-year surge looks impressive, but momentum like this rarely sustains. Proceed with caution. 37 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE LAKESHORE has gained 15.7% over the same period.
Roughly 79 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.8% beats the OCR average of 3.4%. With $6,078/month median rent, income-focused buyers have a real case here.
The 610-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SORA | $2,230 | — | 0.0% |
| THE LAKEGARDEN RESIDENCES | $2,187 | — | +3.9% |
| WESTWOOD RESIDENCES | $1,340 | — | +11.0% |
| LAKE GRANDE | $1,851 | 4.3% | +9.3% |
| THE LAKESHORE | $1,474 | 3.7% | +15.7% |
PSF Trend
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