THE NCLAVE

LORONG N TELOK KURAU
RESALE CONDODistrict 15
Marine Terrace MRT · 6 min walk (462m)OCRFreehold
Total Units
30
2Y PSF Change
+8.1%
4 txns in 24m
vs District
-5%
D15 median: $1,689
Median PSF
1,482
3.0% QoQ
Total Sales
9
since 2021-10
Price Range
$1.3M$2.1M
all-time
Unit Size
1,233 sqft
Floors 11

UrbanLens Analysis

At $1,604 PSF, THE NCLAVE prices 5% below the District 15 median. Compare that to MEYER BLUE at $3,205 PSF -- a 50% premium that buyers need to justify. The 6-minute walk to Marine Terrace MRT (462m) is workable, though not the kind of proximity that commands a premium on its own.

The 8.1% 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, GRAND DUNMAN has gained 0.4% 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. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 30-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,048
2021-Q4
1,127
2022-Q1
1,509
2022-Q4
1,388
2024-Q1
1,599
2024-Q2
1,609
2024-Q3
1,657
2024-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Nov 2024
DatePriceSizePSFFloor
Nov 2024$1,730,0001,044 sqft$1,65701-05
Aug 2024$1,680,0001,044 sqft$1,60901-05
Jun 2024$1,670,0001,044 sqft$1,59901-05
Mar 2024$1,808,0001,302 sqft$1,38801-05
Oct 2022$1,278,000861 sqft$1,48401-05
Oct 2022$1,320,000861 sqft$1,53301-05
Mar 2022$1,710,0001,518 sqft$1,12701-05
Dec 2021$1,450,0001,367 sqft$1,06101-05
Oct 2021$2,130,0002,056 sqft$1,03601-05
Showing 9 of 9 transactions

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