RPS · Resale Project Scorecard
Carpmael Thirty-eight — Grade B
RPS score 5.56/10 · D15 · East Coast, Marine Parade · 16 units · scored across 7 weighted factors — methodology published.
FH · Roxy-Pacific Holdings · TOP 2020
Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: project size, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 2/10
Avg Ann. of +2.09% — near-median performance within its 2020-era cohort (43th percentile).
2 primary schools within 1km (nearest: HAIG GIRLS' SCHOOL at 0.58km). Strong school proximity — a genuine advantage for young families.
16 units — very small project; niche product with thin resale market.
0.76km from Paya Lebar Mrt Stn (EW8) — short walk to MRT, good transport convenience.
Rental yield of 3.09% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Marginal future-catalyst exposure — nearest driver: Paya Lebar Air Base redevelopment at 2.88km, beyond meaningful proximity bands. Score is low but a forward-looking catalyst was still identified.
Primary schools within 1km: HAIG Girls' School, Tanjong Katong Primary School.
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RPSResale Project Scorecard
Scored either side of Carpmael Thirty-eight in East Coast, Marine Parade
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