RPS · Resale Project Scorecard
The Red House — Grade B
RPS score 5.85/10 · D15 · East Coast, Marine Parade · 42 units · scored across 7 weighted factors — methodology published.
99YR · WAREES INVESTMENTS PTE LTD · TOP 2016
Solid, middle-of-the-pack project. Standout strengths: schools, MRT access. Key weaknesses: project size, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 4/10
- Primary School Effect20% weight
- 10/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 9/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 8/10
- Future Transformation6% weight
- 0/10
Avg Ann. of +0.74% — below-median performance vs same-vintage peers (35th percentile of 2016-era cohort).
4 primary schools within 1km (nearest: TANJONG KATONG PRIMARY SCHOOL at 0.37km). Exceptional school catchment — strong appeal for families with young children.
42 units — very small project; niche product with thin resale market.
350m from Marine Parade Mrt Stn (TE26) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 2.99% — below-average income return.
99YR tenure — about 85 years remaining — no near-term decay concern.
No URA Masterplan transformation zone or upcoming MRT station within 3.5km of this project — minimal forward-looking infrastructure tailwind.
Primary schools within 1km: Tanjong Katong Primary School, HAIG Girls' School, CHIJ (Katong) Primary, TAO NAN School.
RPSResale Project Scorecard
Scored either side of The Red House 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.