RPS · Resale Project Scorecard
The Azure — Grade D
RPS score 3.11/10 · D04 · Harbourfront, Telok Blangah · 116 units · scored across 7 weighted factors — methodology published.
99YR · CPL VIEW PTE LTD · TOP 2008
Weak project — significant gaps in multiple factors. Key weaknesses: schools, MRT access.
Factor breakdown
- Project's Historical Performance25% weight
- 2/10
- Primary School Effect20% weight
- 1/10
- Project Size16% weight
- 5/10
- MRT Proximity13% weight
- 1/10
- Rental Yield10% weight
- 5/10
- Tenure10% weight
- 7/10
- Future Transformation6% weight
- 5/10
Avg Ann. of +0.03% — bottom 11% within its 2008-era cohort. Weak capital appreciation, even when judged against vintage peers.
No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.
116 units — boutique development. Lower transaction frequency and limited shared facilities.
2.38km from Prince Edward Road Mrt Stn (CC32) — weaker MRT access, likely requires bus or car for most trips.
Rental yield of 3.38% — above-average income return.
99YR tenure — about 78 years remaining; some long-term decay exposure but not imminent.
Moderate future-catalyst exposure — nearest meaningful driver: Greater Southern Waterfront – Keppel/Tanjong Pagar precinct at 1.72km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
RPSResale Project Scorecard
Scored either side of The Azure in Harbourfront, Telok Blangah
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.