STRAITS AT JOO CHIAT
How is this worked out? — this project’s 3 sub-scores, from its own data
Straits At Joo Chiat is a freehold project in D15 Bedok with limited yield data, thin liquidity. It sits ~1.7 km from the Paya Lebar Central growth node (built out).
- balanced own-stay / investor 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.
Investment report
A plain-language read on Straits At Joo Chiat — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.
- In the Paya Lebar Central URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
- Freehold — no lease decay, so strong long-horizon holding power.
- Entry $psf sits ~31% above nearby projects (within ~2.0 km) — a location/quality premium that has to keep being earned.
- Thin liquidity (3 sales/12 mo · 16-unit project) — a slower, choppier exit and a softer price signal.
- High quantum (typical unit ~$2,576,700) narrows the resale buyer pool.
- 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 | $2,086 psf |
| Same-size, recent compsfloor of ±25% size band, recency-weighted | $2,100 psf |
| Nearby projectsmedian $psf of projects within ~2.0 km | $1,524 psf |
| HomeVestor fair range | $1,670–$2,169 psf ≈ $2,049,090–$2,661,363 for a ~1,227 sqft unit |
See the D15 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.
Price trend
6-month rolling median $psf · excludes ground & top floor
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: Eunos MRT Station · ~788 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.
About this project
| Project Name | STRAITS AT JOO CHIAT |
| Street Name | Joo Chiat Place |
| Property Type | Apartment |
| Tenure | Freehold |
| District / Planning Area | D15 / Bedok |
| Completion | Under construction · TOP pending |
| Number of units | 16 units |
| Highest floor in the project | 5 |
| Developer | RH KATONG PTE LTD |
| Land Area (sqm) | — |
| Master Plan Plot Ratio | 1.4 |
All transactions (16)
Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.
| Date ↕ | Address ↕ | Size (sqft) ↕ | $psf ↕ | Price ↕ |
|---|