Home › Condos › DEVONSHIRE 12

DEVONSHIRE 12

Devonshire Road · D9 River Valley
ApartmentFreehold
—
median $psf
$7.45
median rent · psf/mo
—
gross rental yield
3
highest floor
20
total units
2015
TOP / completion
Median rent from 16 URA rental contracts (last 12 mo).
49
/ 100
HomeVestor Investor Score
Best for: Capital growth
Watch out for: Small project, Thin transactions
Data confidence: Low · overall risk: Moderate
Yield—
Cashflow—
Liquidity9
Growth87
Family52
How is this worked out? — this project’s 3 sub-scores, from its own data
Each sub-score is 0–100 (higher = better), built from this project’s actual figures — here are the exact drivers behind each one.
Capital growth · 87
Nearest growth node: CBD Rejuvenation (Shenton / Anson) — ~2.5 km away (under construction) → 80 · Nearest MRT ~272 m (Somerset) → 93 · Price momentum — too few recent sales to score  =  average
Exit liquidity · 9
20 units → 0 · 0 sales in 12 mo → 0 · 16 rental contracts → 28  =  average
Family demand · 52
1 primary school(s) within 1 km → 52
Overall · 49
The average of the 3 sub-scores above.
Risk flags
Small project — 20 units, thinner resale & rental liquidity · Thin transactions — 0 sales in 12 months, so the price signal is noisy
Note: risk flags are screening signals from the data — not confirmed defects; check each against the actual unit, title & MCST.
A screening heuristic — not financial advice; verify every figure and your own budget before transacting.
Investor verdict

Devonshire 12 is a freehold project in D9 River Valley with limited yield data, thin liquidity. It sits ~2.5 km from the CBD Rejuvenation (Shenton / Anson) growth node (under construction).

Best suited for
  • Capital growth buyers
Less suited for
  • pure rental-yield investors
Key due-diligence
  • Confirm the exact unit stack, facing and floor — our figures are project medians.
  • Stress-test cashflow at +1–2% interest in the calculator below.

Investment report

A plain-language read on Devonshire 12 — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.

Growth-corridorLiquidity-thinsignals — how they're defined
Why this may work
  • In the CBD Rejuvenation (Shenton / Anson) URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
  • Somerset MRT Station MRT within ~272 m — walkable transit underpins rent and resale.
  • Freehold — no lease decay, so strong long-horizon holding power.
Why this may fail / what to watch
  • Thin liquidity (0 sales/12 mo · 20-unit project) — a slower, choppier exit and a softer price signal.
  • Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
Signals screened from the data — strengths and risks, not confirmed facts. For educational purposes only — not financial advice.

Fair-value range

Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.

Nearby projectsmedian $psf of projects within ~2.0 km$2,238 psf
Rental-yield-supportedrent $psf × 12 ÷ 3.0% target gross yield$2,980 psf
HomeVestor fair range$2,309–$2,998 psf
≈ $521,834–$677,548 for a ~226 sqft unit

See the D9 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).

How is this worked out? — the value bases & combined range
Project median
Recency-filtered median $psf of this project’s own resale caveats (ground & top-floor units excluded).
Same-size comps
Recency-weighted median $psf of caveats within ±25% of the typical unit size (6-mo full, 6–12-mo 70%, 12–24-mo 40%) — the comparable-sales method used in our Valuation tool.
District-comparable
Median $psf across all projects in the same district — a market-level sanity check (a genuinely superior project can sit above it).
Yield-supported
The $psf at which today’s median rent would return a 3.0% target gross yield for a CCR project — anchors price to rental fundamentals.
Combined range
A weighted blend (comps 28%, yield 28%, project median 22%, district 22%); the band width (±5–13%) reflects how far the independent bases disagree, so a genuinely over- or under-priced project sits outside it.
Note: a project-level estimate — a specific unit’s floor, facing and size shift its fair value. Check a specific unit’s price ›
For educational purposes only — not financial advice.

Long-run trend — project vs. market

Indexed to 100 at 2018 · 2018–2023

Long-run line = URA Private Residential Property Price Index (indexed market trend, not unit prices). Markers = actual transactions, past 5 years. Source: URA via data.gov.sg, SODL v1.0.

Zeroing in on one unit? Check if it’s fairly priced ›  ·  Work out what to offer ›

Location & neighbourhood

Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.

Nearest MRT: Somerset MRT Station · ~272 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.

About this project

Project NameDEVONSHIRE 12
Street NameDevonshire Road
Property TypeApartment
TenureFreehold
District / Planning AreaD9 / River Valley
Completion2015
Number of units20 units
Highest floor in the project3
DeveloperU-ASIA PTE LTD
Land Area (sqm)415
Master Plan Plot Ratio2.8

All transactions (3)

Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.

e.g. 20-07 · 20- = storey 20 · -07 = stack 07
–both optional
Date ↕Address ↕Size
(sqft) ↕		$psf ↕Price ↕
Show

Rental transactions (64)

Individual private-residential lease contracts, newest first — official URA Data Service. Size is URA’s banded floor area (sqft); the unit number and floor are not disclosed. Click any column heading to sort.

6-month rolling median $psf/month · from individual URA rental contracts

URA records the size band & bedroom count, not the unit number.
Lease date ↕Size
(sqft) ↕		Beds ↕Monthly rent ↕$psf/mo ↕
Show
CalculateMortgage