VENEZIO

UPPER EAST COAST ROAD
RESALE CONDODistrict 16
Bayshore MRT · 3 min walk (202m)OCRFreehold
Total Units
40
2Y PSF Change
+40.8%
1 txns in 24m
vs District
+3%
D16 median: $1,478
Median PSF
1,172
65.8% QoQ
Total Sales
4
since 2021-07
Price Range
$1.8M$2.6M
all-time
Unit Size
1,851 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q3
Median PSF rose 65.8% quarter-on-quarter (from $914 in 2022-Q4 to $1,515 in 2024-Q3). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $1,515 PSF, VENEZIO prices 3% above the District 16 median. Compare that to BAGNALL HAUS at $2,500 PSF -- a 39% premium that buyers need to justify. Being 3 minutes on foot from Bayshore MRT (202m) adds genuine convenience and supports the pricing.

The 40.8% two-year surge looks impressive, but momentum like this rarely sustains. Proceed with caution. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, ECO has gained 5.0% over the same period.

The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 40-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
BAGNALL HAUS$2,5000.0%
SCENECA RESIDENCE$2,067-0.8%
URBAN VISTA$1,5704.0%+3.9%
ECO$1,5213.9%+5.0%
GRANDEUR PARK RESIDENCES$1,9653.3%+10.0%

PSF Trend

Quarterly
1,019
2021-Q3
1,239
2022-Q2
914
2022-Q4
1,515
2024-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Aug 2024
DatePriceSizePSFFloor
Aug 2024$1,990,0001,313 sqft$1,51501-05
Nov 2022$2,638,0002,885 sqft$91401-05
Apr 2022$1,800,0001,453 sqft$1,23901-05
Jul 2021$1,788,0001,755 sqft$1,01901-05
Showing 4 of 4 transactions

Location

Open in full map

Own a unit here?

Get an instant valuation based on real transaction data for your floor and unit size.

🏠
Check Your Value
Floor-adjusted valuation based on $1,172 PSF median
Get Valuation →
🗺️
Explore on Map
See nearby condos, compare PSF trends
Open Map