RPS · Resale Project Scorecard
Ritz Mansions — Grade B
RPS score 6.10/10 · D12 · Balestier, Toa Payoh · 126 units · scored across 7 weighted factors — methodology published.
FH · City Development Limited · TOP 1995
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: total returns, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 6/10
- Primary School Effect20% weight
- 9/10
- Project Size16% weight
- 5/10
- MRT Proximity13% weight
- 4/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +3.66% — near-median performance within its 1995-era cohort (57th percentile).
1 primary school within 1km (HONG WEN SCHOOL, 0.66km away). Adequate but narrow school optionality.
126 units — boutique development. Lower transaction frequency and limited shared facilities.
1.03km from Toa Payoh Mrt Stn (NS19) — weaker MRT access, likely requires bus or car for most trips.
Rental yield of 2.58% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 2.10km, far enough that the impact on this project is modest.
Primary schools within 1km: HONG WEN School.
RPSResale Project Scorecard
Scored either side of Ritz Mansions in Balestier, Toa Payoh
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.