Weak project — significant gaps in multiple factors. Standout strengths: tenure, MRT access. Key weaknesses: total returns, schools.

Factor breakdown

Project's Historical Performance25% weight

3/10

Avg Ann. of +2.17% — below-median performance vs same-vintage peers (25th percentile of 1995-era cohort).

Primary School Effect20% weight

1/10

No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.

Project Size16% weight

5/10

104 units — boutique development. Lower transaction frequency and limited shared facilities.

MRT Proximity13% weight

9/10

390m from Pasir Panjang Mrt Stn (CC26) — direct, walk-in MRT access. Strong commuter appeal.

Rental Yield10% weight

2/10

Rental yield of 2.49% — weak income return.

Tenure10% weight

10/10

Freehold tenure — no lease decay concerns, preserves long-term value.

Future Transformation6% weight

6/10

Moderate future-catalyst exposure — nearest meaningful driver: Greater Southern Waterfront – Pasir Panjang precinct at 0.28km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.

See live The Banyan Condo listings for sale on PropertyGuru →