RPS · Resale Project Scorecard
Chapel Lodge — Grade B
RPS score 6.29/10 · D15 · East Coast, Marine Parade · 44 units · scored across 7 weighted factors — methodology published.
FH · Stangee Developments Pte Ltd · TOP 1994
Solid, middle-of-the-pack project. Standout strengths: schools, tenure. Key weaknesses: total returns, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 7/10
- Primary School Effect20% weight
- 10/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 1/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 1/10
Avg Ann. of +4.14% — near-median performance within its 1994-era cohort (67th percentile).
4 primary schools within 1km (nearest: HAIG GIRLS' SCHOOL at 0.43km). Exceptional school catchment — strong appeal for families with young children.
44 units — very small project; niche product with thin resale market.
0.69km from Marine Parade Mrt Stn (TE26) — short walk to MRT, good transport convenience.
Rental yield of 2.16% — weak income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Marginal future-catalyst exposure — nearest driver: Paya Lebar Air Base redevelopment at 3.33km, beyond meaningful proximity bands. Score is low but a forward-looking catalyst was still identified.
Primary schools within 1km: HAIG Girls' School, CHIJ (Katong) Primary, TAO NAN School, Tanjong Katong Primary School.
RPSResale Project Scorecard
Scored either side of Chapel Lodge in East Coast, Marine Parade
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.