THE PROMONT

CAIRNHILL CIRCLE
RESALE CONDODistrict 09
Newton MRT · 7 min walk (541m)CCRFreehold
Total Units
15
2Y PSF Change
+0.2%
1 txns in 24m
vs District
-2%
D09 median: $2,215
Median PSF
2,154
0.2% QoQ
Total Sales
3
since 2021-06
Price Range
$4.3M$4.5M
all-time
Unit Size
2,034 sqft
Floors 616

UrbanLens Analysis

THE PROMONT commands $2,166 PSF -- 2% below what District 09 typically fetches ($2,215 PSF). Newton MRT is 541m away (7-min walk), functional but not a headline selling point. Against THE ROBERTSON OPUS at $3,359 PSF, the 36% discount is worth examining closely.

Prices have essentially flatlined over two years (+0.2%), suggesting a market in equilibrium. 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.

Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 15-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.

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
2,136
2021-Q2
2,161
2022-Q2
2,166
2024-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Aug 2024
DatePriceSizePSFFloor
Aug 2024$4,500,0002,077 sqft$2,16616-20
Apr 2022$4,350,0002,013 sqft$2,16111-15
Jun 2021$4,300,0002,013 sqft$2,13606-10
Showing 3 of 3 transactions

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