THE MKZ

MACKENZIE ROAD
RESALE CONDODistrict 09
Little India MRT · 5 min walk (371m)CCRFreehold
Total Units
42
2Y PSF Change
-0.3%
3 txns in 24m
vs District
-16%
D09 median: $2,215
Median PSF
1,855
13.2% QoQ
Total Sales
9
since 2021-02
Price Range
$889k$1.6M
all-time
Unit Size
624 sqft
Floors 16
PSF MOVEMENT ALERT — 2025-Q3
Median PSF rose 13.2% quarter-on-quarter (from $1,642 in 2025-Q2 to $1,858 in 2025-Q3). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

THE MKZ commands $1,858 PSF -- 16% below what District 09 typically fetches ($2,215 PSF). Little India MRT sits just 371m away (5-min walk), a clear connectivity win. Against THE ROBERTSON OPUS at $3,359 PSF, the 45% discount is worth examining closely.

The -0.3% two-year price movement is negligible -- neither bullish nor bearish. Just 3 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. 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. 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 42 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
RIVER GREEN$3,1250.0%
THE ROBERTSON OPUS$3,3590.0%
THE COLLECTIVE AT ONE SOPHIA$2,7670.0%
SOPHIA HILLS$2,1283.9%+3.6%
HILL HOUSE$3,081+1.3%

PSF Trend

Quarterly
1,717
2021-Q1
1,702
2022-Q2
1,882
2022-Q3
1,868
2022-Q4
1,995
2025-Q1
1,642
2025-Q2
1,858
2025-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Aug 2025
DatePriceSizePSFFloor
Aug 2025$1,300,000700 sqft$1,85801-05
May 2025$990,000603 sqft$1,64206-10
Mar 2025$988,000495 sqft$1,99501-05
Oct 2022$925,000495 sqft$1,86806-10
Sep 2022$985,000517 sqft$1,90601-05
Aug 2022$1,580,000850 sqft$1,85801-05
Jun 2022$1,245,888732 sqft$1,70201-05
Mar 2021$1,200,000732 sqft$1,63901-05
Feb 2021$888,888495 sqft$1,79506-10
Showing 9 of 9 transactions

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