THE MAYFAIR
UrbanLens Analysis
THE MAYFAIR trades at $1,221 PSF, sitting 12% below the District 22 median of $1,392 PSF. The 5-minute walk to Chinese Garden MRT (394m) is a tangible lifestyle and resale advantage. SORA fetches $2,230 PSF nearby -- that 45% gap frames THE MAYFAIR's relative value proposition.
A 17.9% jump over two years is aggressive -- late buyers risk overpaying near a cyclical peak. With 24 deals in two years, the pricing data has reasonable statistical weight. For context, LAKE GRANDE has gained 9.3% over the same period.
Around 69 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. At 3.8% gross yield versus the OCR average of 3.4%, rental returns are above-market. The $4,588/month median rent makes this genuinely compelling for income investors.
With 452 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
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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