We track 2 sales and 1 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RACE COURSE BUILDING dashboard.
- Average sale price: $2,037,500 across 2 transactions
- Estimated gross rental yield: 2.9%
- District 8 PSF ranking: Value tier (top 100%)
- Freehold tenure · RCR · D8 · 4 units
About RACE COURSE BUILDING
RACE COURSE BUILDING is a freehold condominium, located at RACE COURSE ROAD in District 8 (Little India) (Rest of Central Region), comprising 4 residential units.
As a freehold property, RACE COURSE BUILDING does not face lease decay concerns.
Sales Market Overview
RACE COURSE BUILDING has recorded 2 sale transactions with an average transaction price of $2,037,500, ranging from $2,025,000 to $2,050,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $921 psf | $2,037,500 | — |
RACE COURSE BUILDING ranks in the top 100% of condos in District 8 by average PSF.
Compared to the RCR average of $2,049 psf, RACE COURSE BUILDING trades 55% below the segment benchmark.
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Rental Market Overview
RACE COURSE BUILDING has recorded 1 rental transactions with monthly rents averaging $5,000/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 1 | $5,000/mo | $5,000/mo | $5,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2023 | 1 | $5,000/mo |
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Investment Analysis
Based on average rents and sale prices, RACE COURSE BUILDING delivers an estimated gross rental yield of 2.9%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
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 |
FAQ
What is the average price for RACE COURSE BUILDING?
What is the rental yield for RACE COURSE BUILDING?
Is RACE COURSE BUILDING freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 2 transactions analysed
- Rental data: 1 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 RACE COURSE BUILDING
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.