RPS · Resale Project Scorecard
Isuites @ Palm — Grade C
RPS score 4.82/10 · D19 · Hougang, Punggol, Sengkang · 64 units · scored across 7 weighted factors — methodology published.
999YR · I DEVELOPMENT PTE LTD · TOP 2013
Below-average project with notable weaknesses. Standout strengths: tenure. Key weaknesses: schools, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 4/10
- Primary School Effect20% weight
- 3/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 6/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 4/10
Avg Ann. of +0.86% — below-median performance vs same-vintage peers (31th percentile of 2013-era cohort).
1 primary school within 1km (ZHONGHUA PRIMARY SCHOOL, 0.98km away). Adequate but narrow school optionality.
64 units — very small project; niche product with thin resale market.
0.73km from Kovan Mrt Stn (NE13) — short walk to MRT, good transport convenience.
Rental yield of 3.50% — above-average income return.
999-year tenure — effectively freehold from a valuation standpoint.
Limited future-catalyst exposure — nearest is Serangoon North MRT (CR9, CRL1) at 1.33km, far enough that the impact on this project is modest.
Primary schools within 1km: Zhonghua Primary School.
RPSResale Project Scorecard
Scored either side of Isuites @ Palm in Hougang, Punggol, Sengkang
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.