THE IVERIA
UrbanLens Analysis
At $2,651 PSF, THE IVERIA prices 20% above the District 09 median. Compare that to THE ROBERTSON OPUS at $3,359 PSF -- a 21% premium that buyers need to justify. The 7-minute walk to Great World MRT (559m) is workable, though not the kind of proximity that commands a premium on its own.
The 5.5% 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, HILL HOUSE has gained 1.3% 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. Gross yield of 3.3% tracks the CCR average of 3.0%. At $6,578/month median rent, income is market-rate -- neither a standout nor a weakness.
At 51 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable 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
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.