RPS · Resale Project Scorecard
Melrose Ville — Grade B
RPS score 5.88/10 · D15 · East Coast, Marine Parade · 28 units · scored across 7 weighted factors — methodology published.
FH · TKE DEVELOPMENT PTE LTD · TOP 2011
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: project size, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 4/10
- Primary School Effect20% weight
- 9/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 8/10
- Rental Yield10% weight
- 5/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 1/10
Avg Ann. of +1.22% — below-median performance vs same-vintage peers (39th percentile of 2011-era cohort).
2 primary schools within 1km (nearest: KONG HWA SCHOOL at 0.55km). Exceptional school catchment — strong appeal for families with young children.
28 units — very small project; niche product with thin resale market.
0.52km from Dakota Mrt Stn (CC8) — short walk to MRT, good transport convenience.
Rental yield of 3.36% — above-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Marginal future-catalyst exposure — nearest driver: Paya Lebar Air Base redevelopment at 3.27km, beyond meaningful proximity bands. Score is low but a forward-looking catalyst was still identified.
Primary schools within 1km: KONG HWA School, Tanjong Katong Primary School.
RPSResale Project Scorecard
Scored either side of Melrose Ville 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.