RPS · Resale Project Scorecard
Harbourlights — Grade B
RPS score 5.98/10 · D04 · Harbourfront, Telok Blangah · 139 units · scored across 7 weighted factors — methodology published.
FH · CapitaLand · TOP 1997
Solid, middle-of-the-pack project. Standout strengths: MRT access, tenure. Key weaknesses: total returns, capital appreciation.
Factor breakdown
- Project's Historical Performance25% weight
- 2/10
- Primary School Effect20% weight
- 9/10
- Project Size16% weight
- 5/10
- MRT Proximity13% weight
- 10/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 5/10
Avg Ann. of +2.40% — below-median performance vs same-vintage peers (20th percentile of 1997-era cohort).
1 primary school within 1km (RADIN MAS PRIMARY SCHOOL, 0.94km away). Adequate but narrow school optionality.
139 units — boutique development. Lower transaction frequency and limited shared facilities.
160m from Harbourfront Mrt Stn (NE1 / CC29) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 2.74% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Moderate future-catalyst exposure — nearest meaningful driver: Greater Southern Waterfront – Telok Blangah precinct at 1.70km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
Primary schools within 1km: Radin MAS Primary School.
RPSResale Project Scorecard
Scored either side of Harbourlights in Harbourfront, Telok Blangah
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.