Solid, middle-of-the-pack project. Standout strengths: MRT access, total returns. Key weaknesses: schools, tenure.

Factor breakdown

Project's Historical Performance25% weight

6/10

Avg Ann. of +3.48% — near-median performance within its 2002-era cohort (50th percentile).

Primary School Effect20% weight

3/10

1 primary school within 1km (CANTONMENT PRIMARY SCHOOL, 1.00km away). Adequate but narrow school optionality.

Project Size16% weight

8/10

288 units — good project size supporting active resale market and adequate facilities.

MRT Proximity13% weight

10/10

90m from Chinatown Mrt Stn (NE4) — direct, walk-in MRT access. Strong commuter appeal.

Rental Yield10% weight

9/10

Rental yield of 4.68% — exceptional income return.

Tenure10% weight

2/10

99YR tenure — about 41 years remaining; severe lease decay meaningfully constrains financing, resale pool, and long-term value retention.

Future Transformation6% weight

6/10

Moderate future-catalyst exposure — nearest meaningful driver: Prince Edward Road MRT (CC34, CCL6) at 0.78km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.

Primary schools within 1km: Cantonment Primary School.

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