WALLICH RESIDENCE
UrbanLens Analysis
At $3,143 PSF, WALLICH RESIDENCE prices NaN% below the District 02 median. Being 2 minutes on foot from Tanjong Pagar MRT (128m) adds genuine convenience and supports the pricing.
A 12.7% drop in two years is a genuine correction. Bargain hunters take note, but only with clear conviction about the recovery thesis. With 13 deals in two years, the pricing data has reasonable statistical weight.
With ~84 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
The 181-unit size hits a practical sweet spot -- enough scale for decent facilities without the oversupply risk of mega-developments. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
PSF Trend
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