THE PEAK @ CAIRNHILL II

CAIRNHILL CIRCLE
RESALE CONDODistrict 09
Newton MRT · 6 min walk (490m)CCRFreehold
Gross Yield
3.0%
District avg: 3.0%
Median Rent
$4,910
per month
Total Units
62
2Y PSF Change
-5.7%
1 txns in 24m
vs District
-8%
D09 median: $2,215
Median PSF
2,060
10.0% QoQ
Total Sales
4
since 2022-03
Price Range
$1.7M$2.1M
all-time
Unit Size
904 sqft
Floors 111
PSF MOVEMENT ALERT — 2024-Q4
Median PSF fell 10.0% quarter-on-quarter (from $2,261 in 2024-Q1 to $2,034 in 2024-Q4). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $2,034 PSF, THE PEAK @ CAIRNHILL II prices 8% below the District 09 median. Compare that to THE ROBERTSON OPUS at $3,359 PSF -- a 39% premium that buyers need to justify. The 6-minute walk to Newton MRT (490m) is workable, though not the kind of proximity that commands a premium on its own.

The 5.7% slide over two years points to softening demand. Value hunters may see opportunity; others should wait for signs of stabilization. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, SOPHIA HILLS has gained 3.6% 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 3.0% tracks the CCR average of 3.0%. At $4,910/month median rent, income is market-rate -- neither a standout nor a weakness.

The 62-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments.

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
1,886
2022-Q1
2,261
2024-Q1
2,034
2024-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Nov 2024
DatePriceSizePSFFloor
Nov 2024$1,838,888904 sqft$2,03401-05
Jan 2024$1,950,000904 sqft$2,15706-10
Jan 2024$2,138,000904 sqft$2,36511-15
Mar 2022$1,705,200904 sqft$1,88606-10
Showing 4 of 4 transactions

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