THE SCALA
UrbanLens Analysis
THE SCALA commands $1,902 PSF -- 29% above what District 19 typically fetches ($1,472 PSF). Lorong Chuan MRT sits just 81m away (1-min walk), a clear connectivity win. Against CHUAN PARK at $2,596 PSF, the 27% discount is worth examining closely.
Prices are up 12.6% over two years, reflecting genuine buyer interest without bubble-level exuberance. 34 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE GARDEN RESIDENCES has gained 2.7% over the same period.
Roughly 83 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.6% tracks the OCR average of 3.4%. At $5,353/month median rent, income is market-rate -- neither a standout nor a weakness.
The 468-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| CHUAN PARK | $2,596 | 1.3% | 0.0% |
| THE FLORENCE RESIDENCES | $1,779 | 3.4% | +0.8% |
| AFFINITY AT SERANGOON | $1,794 | 3.5% | +2.6% |
| RIVERFRONT RESIDENCES | $1,706 | 3.7% | +6.8% |
| THE GARDEN RESIDENCES | $1,829 | 3.9% | +2.7% |
PSF Trend
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