KENG LEE VIEW
How is this worked out? — this project’s 4 sub-scores, from its own data
Keng Lee View is a freehold project in D8 Kallang with 2.4% gross yield, thin liquidity and strong school demand (Anglo-Chinese School (Junior) within 1 km). It sits ~3.1 km from its nearest growth node (Kallang Alive / Kampong Bugis) — beyond the ~3 km impact band.
- Family demand buyers
- pure rental-yield investors
- Confirm the exact unit stack, facing and floor — our figures are project medians.
- Stress-test cashflow at +1–2% interest in the calculator below.
- Verify the school 1 km boundary & current MOE rules — priority is not a guarantee.
Investment report
A plain-language read on Keng Lee View — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.
- Oversubscribed primary school (Anglo-Chinese School (Junior)) within 1 km — a durable family-demand anchor.
- Freehold — no lease decay, so strong long-horizon holding power.
- Thin liquidity (1 sale/12 mo · 24-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.
Fair-value range
Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.
| Recent project median $psfexcludes ground & top-floor units | $1,586 psf |
| Nearby projectsmedian $psf of projects within ~2.0 km | $1,851 psf |
| Rental-yield-supportedrent $psf × 12 ÷ 3.4% target gross yield | $1,129 psf |
| HomeVestor fair range | $1,296–$1,683 psf ≈ $808,704–$1,050,192 for a ~624 sqft unit |
See the D8 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
Buy · Watch · Avoid
Where the project’s current median $psf sits against its fair range, overlaid with the risk signals. An educational classification — not a recommendation.
Popular schools nearby
Proximity to an oversubscribed primary school is a major driver of family demand. Being within 1 km gives the top P1 balloting priority; 1–2 km is next.
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: Novena MRT Station · ~759 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.
About this project
| Project Name | KENG LEE VIEW |
| Street Name | Keng Lee Road |
| Property Type | Apartment |
| Tenure | Freehold |
| District / Planning Area | D8 / Kallang |
| Completion | 1982 |
| Number of units | 24 units |
| Highest floor in the project | 6 |
| Developer | RH Novena Pte Ltd (Roxy-Pacific) |
| Land Area (sqm) | 1,711 |
| Master Plan Plot Ratio | 2.8 |
All transactions (1)
Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.
| Date ↕ | Address ↕ | Size (sqft) ↕ | $psf ↕ | Price ↕ |
|---|
Rental transactions (26)
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
| Lease date ↕ | Size (sqft) ↕ | Beds ↕ | Monthly rent ↕ | $psf/mo ↕ |
|---|