YISHUN EMERALD
UrbanLens Analysis
YISHUN EMERALD commands $1,052 PSF -- 19% below what District 27 typically fetches ($1,299 PSF). Canberra MRT sits just 430m away (5-min walk), a clear connectivity win. Against CANBERRA CRESCENT RESIDENCES at $1,995 PSF, the 47% discount is worth examining closely.
Prices are up 12.3% over two years, reflecting genuine buyer interest without bubble-level exuberance. With 25 deals in two years, the pricing data has reasonable statistical weight. For context, PARC LIFE has gained 6.0% over the same period.
With ~71 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. At 3.8% gross yield versus the OCR average of 3.4%, rental returns are above-market. The $4,611/month median rent makes this genuinely compelling for income investors.
With 436 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 |
|---|---|---|---|
| THE CRITERION | $1,303 | — | +3.6% |
| NORTH GAIA | $1,332 | — | +2.6% |
| PARC LIFE | $1,348 | — | +6.0% |
| THE VISIONAIRE | $1,424 | — | +7.1% |
| CANBERRA CRESCENT RESIDENCES | $1,995 | — | 0.0% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.