THOMSON VIEW CONDOMINIUM

BRIGHT HILL DRIVE
RESALE CONDODistrict 20
Upper Thomson MRT · 6 min walk (476m)RCR99 yrs lease commencing from 1975
Gross Yield
2.4%
District avg: 3.0%
Median Rent
$3,441
per month
Total Units
206
2Y PSF Change
-100.0%
0 txns in 24m
Lease Remaining
48 yrs
99 yrs lease commencing from 1975
Median PSF
1,308
4.1% QoQ
Total Sales
6
since 2022-12
Price Range
$1.7M$2.5M
all-time
Unit Size
1,432 sqft
Floors 626

UrbanLens Analysis

THOMSON VIEW CONDOMINIUM is a mid-sized 99-year leasehold (from 1975) development with 206 units on BRIGHT HILL DRIVE in District 20 (Rest of Central Region). Upper Thomson MRT is an easy 6-minute walk, offering reasonable MRT access. No recent resale transactions are available, but the District 20 median sits at $1,718 PSF for context.

Transaction data is thin, making direct pricing hard to pin down. The closest comparable is THE GARDENS AT BISHAN at $1,733 PSF (yielding 2.63%). JADESCAPE at $2,239 PSF with a 3.21% yield provides another reference point in the vicinity. The broader District 20 trades at a median of $1,718 PSF.

Gross yield sits at 2.39% on median rents of $3,441/month, trailing the district average of 2.98%. With roughly 48 years left on the lease, buyers should factor in accelerating lease decay and tighter financing.

The lack of recent transactions makes pricing opaque — buyers should insist on a professional valuation and approach with caution, as thin liquidity can work both for and against you at exit.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
JADESCAPE$2,2393.2%+6.9%
BRADDELL VIEW$1,029+2.4%
THE PANORAMA$1,9943.0%+8.1%
SKY HABITAT$1,8442.8%+6.1%
THE GARDENS AT BISHAN$1,7332.6%+18.2%

PSF Trend

Quarterly
1,302
2022-Q4
1,276
2023-Q2
1,351
2023-Q3
1,295
2023-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Oct 2023
DatePriceSizePSFFloor
Oct 2023$1,700,0001,313 sqft$1,29521-25
Sep 2023$1,818,0001,313 sqft$1,38411-15
Aug 2023$1,730,0001,313 sqft$1,31706-10
May 2023$1,730,0001,313 sqft$1,31721-25
Apr 2023$2,500,0002,024 sqft$1,23526-30
Dec 2022$1,710,0001,313 sqft$1,30211-15
Showing 6 of 6 transactions

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