RPS · Resale Project Scorecard
The Belvedere — Grade C
RPS score 5.25/10 · D15 · East Coast, Marine Parade · 167 units · scored across 7 weighted factors — methodology published.
FH · SHERWOOD DEVELOPMENT PTE LTD · TOP 2007
Below-average project with notable weaknesses. Standout strengths: MRT access, tenure. Key weaknesses: schools, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 7/10
- Primary School Effect20% weight
- 1/10
- Project Size16% weight
- 5/10
- MRT Proximity13% weight
- 10/10
- Rental Yield10% weight
- 2/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 0/10
Avg Ann. of +3.78% — near-median performance within its 2007-era cohort (67th percentile).
No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.
167 units — boutique development. Lower transaction frequency and limited shared facilities.
180m from Katong Park Mrt Stn (TE24) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 2.27% — weak income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
No URA Masterplan transformation zone or upcoming MRT station within 3.5km of this project — minimal forward-looking infrastructure tailwind.
RPSResale Project Scorecard
Scored either side of The Belvedere in East Coast, Marine Parade
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.