THE RAINFOREST
UrbanLens Analysis
THE RAINFOREST commands $1,406 PSF -- 4% below what District 23 typically fetches ($1,471 PSF). Choa Chu Kang MRT is 551m away (7-min walk), functional but not a headline selling point. Against HILLHAVEN at $2,133 PSF, the 34% discount is worth examining closely.
Prices are up 11.7% over two years, reflecting genuine buyer interest without bubble-level exuberance. 47 transactions over two years gives deep liquidity and reliable pricing signals. For context, LUMINA GRAND has lost 0.6% over the same period.
With ~84 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
With 466 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 |
|---|---|---|---|
| HILLHAVEN | $2,133 | — | +3.3% |
| LUMINA GRAND | $1,517 | — | -0.6% |
| SOL ACRES | $1,467 | — | +7.7% |
| THE MYST | $2,071 | — | -0.4% |
| THE BOTANY AT DAIRY FARM | $2,010 | — | -2.4% |
PSF Trend
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