Draycott 8 psf, benchmarked against District 10

Draycott 8 is a 99-year leasehold development in an enclave where the headline addresses are freehold. In Singapore that structural difference alone accounts for a substantial share of the spread, before any consideration of finish level, facilities or unit size. The remaining lease term compounds it: as the balance shortens, the financing profile and the resale buyer pool both narrow, and the market prices that in ahead of time.

Completion age is the second factor. Park Nova (TOP 2025), Les Maisons Nassim (TOP 2023) and Eden (TOP 2019) are recent-completion products carrying new-build finishes and current-generation layouts. Draycott 8 is an established development, which shows up as a lower psf and also as larger floor plates than anything being built on these streets today.

What the gap does not indicate is a difference in address quality. Draycott Drive is the same enclave, the same MRT catchment and the same school catchment as its freehold neighbours, and the restored 1920s conservation clubhouse — recognised under the URA Architectural Heritage Awards in 2006, Category A — is a facility no adjacent development can match. Buyers who are explicit about wanting Orchard-belt scale and character rather than freehold title tend to find the arithmetic works in their favour here.

The right way to use the benchmark is as a starting frame, not a valuation. Confirm the remaining lease, then compare against a floor band and facing rather than a project average, then look at what the same budget buys in the freehold column. That three-step comparison is the conversation The Janys have with every buyer who reaches this page.