RPS · Resale Project Scorecard
Leith Grove — Grade D
RPS score 4.10/10 · D19 · Hougang, Punggol, Sengkang · 16 units · scored across 7 weighted factors — methodology published.
FH · ETOILE HOMES PTE LTD · TOP 2007
Weak project — significant gaps in multiple factors. Standout strengths: tenure. Key weaknesses: capital appreciation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 3/10
- Primary School Effect20% weight
- 3/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 4/10
- Rental Yield10% weight
- 5/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 4/10
Avg Ann. of +0.93% — below-median performance vs same-vintage peers (28th percentile of 2007-era cohort).
1 primary school within 1km (ZHONGHUA PRIMARY SCHOOL, 0.51km away). Adequate but narrow school optionality.
16 units — very small project; niche product with thin resale market.
1.27km from Kovan Mrt Stn (NE13) — weaker MRT access, likely requires bus or car for most trips.
Rental yield of 3.42% — above-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Serangoon North MRT (CR9, CRL1) at 0.99km, far enough that the impact on this project is modest.
Primary schools within 1km: Zhonghua Primary School.
RPSResale Project Scorecard
Also discussed in: The 3 Condos We Won't Recommend in Sengkang
Scored either side of Leith Grove in Hougang, Punggol, Sengkang
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.