8 FARRER SUITES is a 88-year balance leasehold development along SING JOO WALK in District 8 (Little India / Farrer Park), part of the RCR segment of Singapore's private residential market. The project comprises 34 units and is TOP 2015.
This profile draws on 10 recorded transactions from URA to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 11 years from TOP, 8 FARRER SUITES is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 8 (Little India / Farrer Park), the immediate context for 8 FARRER SUITES is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 10 sales and 45 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the 8 FARRER SUITES dashboard.
- Average sale price: $1,318,689 across 10 transactions
- Estimated gross rental yield: 3.4%
- District 8 PSF ranking: Premium tier (top 25%)
- · RCR · D8 · 34 units
About 8 FARRER SUITES
8 FARRER SUITES is a condominium, located at SING JOO WALK in District 8 (Little India) (Rest of Central Region), developed by RICHCAPITAL PTE. LTD, comprising 34 residential units, completed in 2015.
With approximately 88 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at 8 FARRER SUITES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 6 | $1,718 psf | $1,044,815 |
| 3 BR | 2 | $1,511 psf | $1,515,000 |
| 4 BR | 2 | $1,389 psf | $1,944,000 |
Sales Market Overview
8 FARRER SUITES has recorded 10 sale transactions with an average transaction price of $1,318,689, ranging from $960,000 to $2,038,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,622 psf | $960,000 | — |
| 2022 | 4 | $1,494 psf | $1,475,000 | ↓ 7.9% |
| 2023 | 3 | $1,652 psf | $1,369,333 | ↑ 10.5% |
| 2024 | 2 | $1,777 psf | $1,109,444 | ↑ 7.6% |
8 FARRER SUITES ranks in the top 25% of condos in District 8 by average PSF.
Compared to the RCR average of $2,049 psf, 8 FARRER SUITES trades 21.4% below the segment benchmark.
Loading chart data...
Rental Market Overview
8 FARRER SUITES has recorded 45 rental transactions with monthly rents averaging $3,718/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 35 | $3,374/mo | $1,800/mo | $5,000/mo |
| 3 BR | 10 | $4,920/mo | $3,500/mo | $6,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 8 | $2,813/mo |
| 2022 | 9 | $2,867/mo |
| 2023 | 11 | $4,400/mo |
| 2024 | 5 | $3,720/mo |
| 2025 | 8 | $4,013/mo |
| 2026 | 4 | $4,975/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, 8 FARRER SUITES delivers an estimated gross rental yield of 3.4%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 8
Side-by-side comparison against the most actively traded condos in District 8 (Little India):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PICCADILLY GRAND | 99 yrs lease commencing from 2021 | 407 | $2,168 psf | 426 |
| CITYLIGHTS | 99 yrs lease commencing from 2004 | 600 | $1,767 psf | 133 |
| CITY SQUARE RESIDENCES | Freehold | 910 | $1,894 psf | 115 |
| STURDEE RESIDENCES | 99 yrs lease commencing from 2015 | 305 | $1,999 psf | 107 |
| KERRISDALE | 99 yrs lease commencing from 1998 | 481 | $1,398 psf | 91 |
Location Map
Map shows 8 FARRER SUITES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- 8 FARRER SUITES
- Farrer Park MRT
- Bendemeer MRT
- Boon Keng MRT
- Jalan Besar MRT
- Little India MRT
- Farrer Park Primary School
- CHIJ Our Lady Queen of Peace
- LASALLE College of the Arts
Nearby MRT Stations
8 FARRER SUITES is 290m from Farrer Park MRT (North-East Line), with 9 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Farrer Park | NE8 | North-East Line | 290m |
| Bendemeer | DT23 | Downtown Line | 910m |
| Boon Keng | NE9 | North-East Line | 920m |
| Jalan Besar | DT22 | Downtown Line | 1.1 km |
| Little India | NE7 | North-East Line | 1.1 km |
| Little India | DT12 | Downtown Line | 1.1 km |
| Lavender | EW11 | East-West Line | 1.3 km |
| Rochor | DT13 | Downtown Line | 1.3 km |
Nearby Schools
There are 15 schools within 2 km of 8 FARRER SUITES, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Farrer Park Primary School | Primary | 260m |
| CHIJ Our Lady Queen of Peace | Primary | 760m |
| LASALLE College of the Arts | Tertiary | 1.0 km |
| St. Andrew's Secondary School | Secondary | 1.1 km |
| St. Andrew's Junior College | Jc | 1.1 km |
| St. Andrew's Junior School | Primary | 1.1 km |
| Hong Wen School | Primary | 1.2 km |
| St. Margaret's Secondary School | Secondary | 1.2 km |
| Bendemeer Primary School | Primary | 1.2 km |
| Bendemeer Secondary School | Secondary | 1.2 km |
| St. Margaret's Primary School | Primary | 1.3 km |
| ACS (Junior) | Primary | 1.8 km |
Adequate lease horizon. Around 88 years of remaining lease keeps CPF eligibility intact and supports standard 30-year loan tenor for most buyer profiles. Within a 5-10 year hold, lease-decay effects are negligible; beyond that, monitor the year-60 threshold for CPF usage caps.
Genuine walk-to-MRT access. Farrer Park sits about 0.29km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 34 units, 8 FARRER SUITES keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Farrer Park Primary School sits about 0.26km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 10 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
- ✅ Young couple, first home: Long balance lease + likely sub-CCR pricing
- ✅ Family with school-age kids: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ⚠️ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ✅ Long-term hold (10+ yr): Tenure supports CPF + buyer-pool through hold
Composite assessment: 8 FARRER SUITES combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 10 transactions in URA provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for 8 FARRER SUITES?
What is the rental yield for 8 FARRER SUITES?
Is 8 FARRER SUITES freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 10 transactions analysed
- Rental data: 45 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for 8 FARRER SUITES
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 195 condo transactions recorded in District 8 over the last 12 months, 87% resale, 12% sub sale, 1% new sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
Loading chart data...
HDB Alternatives Nearby
Weighing 8 FARRER SUITES against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (130m away), an upgrader gap of about $450,000
- Central Area — 4-room average $1,088,814 (690m away), an upgrader gap of about $250,000
- Toa Payoh — 4-room average $929,793 (1.7 km away), an upgrader gap of about $400,000