RPS · Resale Project Scorecard
JLB Residences — Grade C
RPS score 5.19/10 · D17 · Changi, Loyang, Pasir Ris · 36 units · scored across 7 weighted factors — methodology published.
999YR · SPRINGLIFE JLB PTE LTD · TOP 2008
Below-average project with notable weaknesses. Standout strengths: tenure. Key weaknesses: MRT access, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 4/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 4/10
- Rental Yield10% weight
- 5/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 5/10
Avg Ann. of +2.11% — below-median performance vs same-vintage peers (30th percentile of 2008-era cohort).
2 primary schools within 1km (nearest: PASIR RIS PRIMARY SCHOOL at 0.78km). Strong school proximity — a genuine advantage for young families.
36 units — very small project; niche product with thin resale market.
1.42km from Pasir Ris Mrt Stn (EW1) — weaker MRT access, likely requires bus or car for most trips.
Rental yield of 3.24% — above-average income return.
999-year tenure — effectively freehold from a valuation standpoint.
Moderate future-catalyst exposure — nearest meaningful driver: Pasir Ris East MRT (CR3, CRL1) at 0.38km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
Primary schools within 1km: Pasir RIS Primary School, Casuarina Primary School.
RPSResale Project Scorecard
Also discussed in: The 3 Condos We Won't Recommend in Pasir Ris
Scored either side of JLB Residences in Changi, Loyang, Pasir Ris
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.