RPS · Resale Project Scorecard
Southbank — Grade C
RPS score 5.23/10 · D07 · Beach Road, Bugis, Rochor · 197 units · scored across 7 weighted factors — methodology published.
99YR · UOL Group · TOP 2010
Below-average project with notable weaknesses. Standout strengths: MRT access. Key weaknesses: future transformation, schools.
Factor breakdown
- Project's Historical Performance25% weight
- 7/10
- Primary School Effect20% weight
- 1/10
- Project Size16% weight
- 5/10
- MRT Proximity13% weight
- 9/10
- Rental Yield10% weight
- 5/10
- Tenure10% weight
- 7/10
- Future Transformation6% weight
- 2/10
Avg Ann. of +2.77% — near-median performance within its 2010-era cohort (68th percentile).
No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.
197 units — boutique development. Lower transaction frequency and limited shared facilities.
210m from Lavender Mrt Stn (EW11) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 3.46% — above-average income return.
99YR tenure — about 79 years remaining; some long-term decay exposure but not imminent.
Marginal future-catalyst exposure — nearest driver: Newton–Orchard mixed-use precinct at 3.02km, beyond meaningful proximity bands. Score is low but a forward-looking catalyst was still identified.
The verdict· Scores updated September 2026
Southbank scores 5.23 out of 10 on the TRIBE Resale Project Scorecard, Grade C, ranking 1776th of 2,357 resale condos scored in Singapore and 8th of 19 in District 7 (Beach Road, Bugis, Rochor). Its strongest factors are MRT Proximity (9/10) and Project's Historical Performance (7/10); its weakest is Primary School Effect (1/10). Below-average project with notable weaknesses. Standout strengths: MRT access. Key weaknesses: future transformation, schools.
See all 19 scored condos in District 7 (Beach Road, Bugis, Rochor) →
RPS · Resale Project Scorecard
Recent resale transactions at Southbank
12 months to September 2026 (Oct 2025 – Sep 2026): 7 resale transactions, median $1,955 psf, median price $1.80M. Median PSF is up 1.9% on the previous 12 months (Oct 2024 – Sep 2025, $1,919 psf).
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 2 | $2,006 psf | $1.95M |
| Jan–Mar 2026 | 1 | $1,955 psf | $1.87M |
| Apr–Jun 2026 | 3 | $1,879 psf | $1.80M |
| Jul–Sep 2026 | 1 | $1,672 psf | $990,000 |
| 12-month total | 7 | $1,955 psf | $1.80M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Southbank: frequently asked questions
Answers generated from the scorecard data — RPS rank 1776th of 2,357, scores updated September 2026.
- Is Southbank a good buy in 2026?
- Southbank scores 5.23/10 on the TRIBE Resale Project Scorecard (Grade C), which places it 1776th of 2,357 Singapore resale condos and 8th of 19 in District 7 (Beach Road, Bugis, Rochor). Below-average project with notable weaknesses. Standout strengths: MRT access. Key weaknesses: future transformation, schools. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Southbank?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 7 resale transactions at Southbank, at a median of $1,955 psf and a median price of $1.80M (range $1,672 psf to $2,056 psf). The median PSF is up 1.9% on the previous 12 months (Oct 2024 – Sep 2025, $1,919 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Southbank from the nearest MRT station?
- Southbank is about 210m from Lavender MRT (EW11), scoring 9/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Southbank compare with Liang Seah Court?
- Liang Seah Court is the project scored next to Southbank on the District 7 ranking: 5.41 (Grade B) against Southbank's 5.23 (Grade C). Southbank scores higher on Project Size (5 vs 3); Liang Seah Court scores higher on Tenure (7 vs 10) and MRT Proximity (9 vs 10).
- What is the tenure of Southbank, and how big is the project?
- Southbank is 99-year leasehold, completed in 2010, has 197 units, developed by UOL Group. 99YR tenure — about 79 years remaining; some long-term decay exposure but not imminent. 197 units — boutique development. Lower transaction frequency and limited shared facilities. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Southbank in Beach Road, Bugis, Rochor
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
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