VILLA AZURA

CHERRY AVENUE
RESALE CONDODistrict 10
Sixth Avenue MRT · 6 min walk (449m)CCRFreehold
Total Units
53
2Y PSF Change
+11.8%
1 txns in 24m
vs District
-23%
D10 median: $2,197
Median PSF
1,600
18.4% QoQ
Total Sales
5
since 2021-04
Price Range
$1.9M$2.7M
all-time
Unit Size
1,434 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q2
Median PSF rose 18.4% quarter-on-quarter (from $1,438 in 2023-Q2 to $1,702 in 2024-Q2). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

At $1,702 PSF, VILLA AZURA prices 23% below the District 10 median. Compare that to 19 NASSIM at $3,381 PSF -- a 50% premium that buyers need to justify. The 6-minute walk to Sixth Avenue MRT (449m) is workable, though not the kind of proximity that commands a premium on its own.

The 11.8% gain in two years signals steady demand -- solid, not speculative. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, D'LEEDON has gained 10.0% 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. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.

At 53 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
SKYE AT HOLLAND$2,9490.0%
UPPERHOUSE AT ORCHARD BOULEVARD$3,3090.0%
CUSCADEN RESERVE$3,0243.2%-19.9%
D'LEEDON$2,0443.2%+10.0%
19 NASSIM$3,381-2.1%

PSF Trend

Quarterly
1,625
2021-Q2
1,607
2022-Q3
1,438
2023-Q2
1,702
2024-Q2

Recent Transactions

Data refreshed monthly · Last transaction: Jun 2024
DatePriceSizePSFFloor
Jun 2024$2,730,0001,604 sqft$1,70201-05
Apr 2023$1,950,0001,356 sqft$1,43801-05
Sep 2022$2,180,0001,356 sqft$1,60701-05
May 2021$2,455,0001,604 sqft$1,53101-05
Apr 2021$2,148,0001,249 sqft$1,72001-05
Showing 5 of 5 transactions

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