Aspen Loft Price Trends & Market Analysis 2026 | Homejourney

Aspen Loft on Joo Chiat Terrace in District 15 shows stable price trends with recent sales at S$1,279 to S$1,425 psf as of early 2025, averaging around S$1,352 psf based on URA data. This freehold condo offers solid value in the East Coast area, with rental yields at 2.9% supporting investor interest.

This cluster article dives deep into Aspen Loft price trends and market analysis, building on our comprehensive Aspen Loft D15 guide. At Homejourney, we prioritize verified data and transparency to help you make safe, confident property decisions in Singapore's dynamic market.

Aspen Loft Project Snapshot

Aspen Loft is a boutique freehold condominium developed by Spencefield Pte Ltd, completed in 2005 with TOP in January 2005. Located at 170 Joo Chiat Terrace in D15 (East Coast, Marine Parade), it features 29 units across 1 block and 5 storeys, with unit sizes from 829 sqft (1-bedroom) to 2,411 sqft (3-4 bedrooms). Basement car parking supports residents in this low-density development.

Units emphasize spacious layouts with pool views from living areas and panoramic city vistas from roof terraces. This setup appeals to families and professionals seeking a serene yet connected lifestyle. For full floor plans, check our detailed project analysis.

Current Price Trends (2026 Analysis)

As of 2026, Aspen Loft resale prices range from S$1,270,000 to S$2,500,000, translating to S$1,398-$1,513 psf. Recent URA-recorded transactions include:

Feb 2025: S$1,610,000 (S$1,425 psf, 1,130 sqft)
May 2025: S$2,300,000 (S$1,279 psf, 1,798 sqft)
Nov 2023: S$1,380,000 (S$1,364 psf, 1,012 sqft)
Jul 2023: S$1,460,000 (S$1,443 psf, 1,012 sqft)

These figures reflect a steady market post-2023 peaks, with psf holding above S$1,300 amid District 15's appeal. Prices have appreciated from historical lows (e.g., S$420 psf in 2007), showing long-term growth. Note: Prices fluctuate; verify latest via Homejourney's property search.

Historical Price Comparison

Over the past 24 months, average psf hovered at S$1,352, up from earlier 2023 averages around S$1,364-$1,443. Compared to D15 benchmarks, Aspen Loft trades at a premium to older leaseholds but competitively against freeholds like nearby Joo Chiat developments. For broader D15 trends, see our Aspen Loft units and amenities guide.

Actionable tip: Use Homejourney's mortgage calculator to assess affordability. Input current psf and factor in ABSD for investors.

Rental Market and Yield Analysis

Rental demand remains robust, with yields at 2.9% based on recent leases. Current ranges:

1-bed (800-900 sqft): S$3,300-$3,450 (S$3.67-$4.31 psf)
2-bed (1,000-1,100 sqft): S$4,200 (S$3.82-$4.20 psf)
3-bed (1,200-2,400 sqft): S$4,500-$8,000 (S$2.62-$3.75 psf)

Oct 2024 saw 3-bed units at S$5,500 for 2,000 sqft. High demand from expats near Eunos MRT drives occupancy. Investors: Expect 2.5-3.2% gross yields, factoring maintenance. Compare to similar D15 freeholds via projects directory.

Market Factors Driving Aspen Loft Prices

D15 Location Premium: Proximity to Eunos MRT (10-15 min walk), PIE/ECP expressways (5 min drive), and Marine Parade's amenities boosts values. District 15 saw 5-7% psf growth in 2025 per URA trends, fueled by limited freehold supply.

Supply and Demand: With only 29 units, liquidity is moderate but resale values hold due to scarcity. Nearby future developments (e.g., Paya Lebar enhancements) could lift prices 8-10% by 2028.

Economic Context: Cooling measures stabilize prices, but East Coast's family appeal sustains demand. Insider tip: Low-density like Aspen Loft suits young families avoiding mega-projects.

Investment Potential and Value Assessment

Aspen Loft offers strong capital appreciation (10-15% over 5 years projected), driven by freehold tenure and location. Rental yields beat D15 averages, ideal for buy-to-let. Vs. alternatives like Axis @ Siglap (see Axis investment analysis), it edges on price stability.

Pros: Freehold rarity, panoramic views, low maintenance fees.
Cons: Limited units reduce liquidity; older build (2005) may need upgrades.

Best for: Families/investors prioritizing space over facilities. Value for money: High at current psf, especially larger units.

Actionable Steps for Buyers and Investors

Search live listings on Homejourney.
Review URA caveats for latest transacted prices.
Calculate yields using purchase price and local rents.
Speak to agents via Homejourney agents for viewings.
Plan maintenance like aircon servicing post-purchase: Homejourney aircon services.

Disclaimer: Prices are estimates from URA data as of early 2026; consult professionals for personalized advice. Homejourney verifies all listings for your safety.