RPS · Resale Project Scorecard
The Mornington — Grade B
RPS score 6.24/10 · D12 · Balestier, Toa Payoh · 28 units · scored across 7 weighted factors — methodology published.
FH · POH LIAN REALTY PTE LTD & CHINA CONSTRUCTION REALTY CO PTE LTD · TOP 2004
Solid, middle-of-the-pack project. Standout strengths: schools, tenure. Key weaknesses: project size, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 6/10
- Primary School Effect20% weight
- 10/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 6/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 1/10
Avg Ann. of +3.98% — near-median performance within its 2004-era cohort (57th percentile).
3 primary schools within 1km (nearest: BENDEMEER PRIMARY SCHOOL at 0.51km). Exceptional school catchment — strong appeal for families with young children.
28 units — very small project; niche product with thin resale market.
0.81km from Potong Pasir Mrt Stn (NE10) — moderate MRT proximity; walkable but not doorstep.
Rental yield of 3.09% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Marginal future-catalyst exposure — nearest driver: Newton–Orchard mixed-use precinct at 3.24km, beyond meaningful proximity bands. Score is low but a forward-looking catalyst was still identified.
Primary schools within 1km: Bendemeer Primary School, ST Andrew's School (Junior), HONG WEN School.
RPSResale Project Scorecard
Scored either side of The Mornington in Balestier, Toa Payoh
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.