THE SCOTTS TOWER
UrbanLens Analysis
THE SCOTTS TOWER trades at $2,056 PSF, sitting 7% below the District 09 median of $2,215 PSF. The 5-minute walk to Newton MRT (391m) is a tangible lifestyle and resale advantage. THE ROBERTSON OPUS fetches $3,359 PSF nearby -- that 39% gap frames THE SCOTTS TOWER's relative value proposition.
Prices have essentially flatlined over two years (-1.1%), suggesting a market in equilibrium. 8 transactions over two years is modest; the trend is directional, not definitive. For context, SOPHIA HILLS has gained 3.6% over the same period.
With ~87 years on a 103-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. At 3.7% gross yield versus the CCR average of 3.0%, rental returns are above-market. The $5,685/month median rent makes this genuinely compelling for income investors.
With 231 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 |
|---|---|---|---|
| RIVER GREEN | $3,125 | — | 0.0% |
| THE ROBERTSON OPUS | $3,359 | — | 0.0% |
| THE COLLECTIVE AT ONE SOPHIA | $2,767 | — | 0.0% |
| SOPHIA HILLS | $2,128 | 3.9% | +3.6% |
| HILL HOUSE | $3,081 | — | +1.3% |
PSF Trend
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