RITZ @ FARRER

RACE COURSE ROAD
RESALE CONDODistrict 08
Little India MRT · 5 min walk (392m)RCRFreehold
Total Units
18
2Y PSF Change
+0.0%
1 txns in 24m
vs District
-11%
D08 median: $1,607
Median PSF
1,390
4.6% QoQ
Total Sales
3
since 2021-02
Price Range
$850k$1.1M
all-time
Unit Size
718 sqft
Floors 16

UrbanLens Analysis

RITZ @ FARRER commands $1,436 PSF -- 11% below what District 08 typically fetches ($1,607 PSF). Little India MRT sits just 392m away (5-min walk), a clear connectivity win. Against STURDEE RESIDENCES at $2,122 PSF, the 32% discount is worth examining closely.

The +0.0% two-year price movement is negligible -- neither bullish nor bearish. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, CITY SQUARE RESIDENCES has gained 6.7% over the same period.

Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.

At just 18 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
STURDEE RESIDENCES$2,1223.9%+7.6%
CITYLIGHTS$1,9213.4%+8.6%
CITY SQUARE RESIDENCES$2,0722.9%+6.7%
CITYSCAPE @FARRER PARK$1,6772.8%+7.9%
KERRISDALE$1,6163.3%+17.4%

PSF Trend

Quarterly
1,230
2021-Q1
1,505
2021-Q2
1,436
2024-Q2

Recent Transactions

Data refreshed monthly · Last transaction: Apr 2024
DatePriceSizePSFFloor
Apr 2024$850,000592 sqft$1,43601-05
Apr 2021$1,150,000764 sqft$1,50506-10
Feb 2021$980,000797 sqft$1,23001-05
Showing 3 of 3 transactions

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