RITZ @ FARRER is a freehold development along RACE COURSE ROAD in District 8 (Little India / Farrer Park), part of the RCR segment of Singapore's private residential market. The project comprises 18 units and is TOP 2016.
This profile draws on 4 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 10 years from TOP, RITZ @ FARRER is in the early-mature phase: facilities are well-broken-in, strata operations are stable, and pricing has been through one or two market cycles — making comparable-sales analysis meaningful.
Within District 8 (Little India / Farrer Park), the immediate context for RITZ @ FARRER 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 4 sales and 39 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RITZ @ FARRER dashboard.
- Average sale price: $1,032,000 across 4 transactions
- Estimated gross rental yield: 4.1%
- District 8 PSF ranking: Mid-range (top 69%)
- Freehold tenure · RCR · D8 · 18 units
About RITZ @ FARRER
RITZ @ FARRER is a freehold condominium, located at RACE COURSE ROAD in District 8 (Little India) (Rest of Central Region), developed by ONE42 PTE LTD, comprising 18 residential units, completed in 2016.
As a freehold property, RITZ @ FARRER does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at RITZ @ FARRER:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 1 | $1,436 psf | $850,000 |
| 2 BR | 3 | $1,362 psf | $1,092,667 |
Sales Market Overview
RITZ @ FARRER has recorded 4 sale transactions with an average transaction price of $1,032,000, ranging from $850,000 to $1,150,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,368 psf | $1,065,000 | — |
| 2024 | 1 | $1,436 psf | $850,000 | ↑ 5.0% |
| 2026 | 1 | $1,350 psf | $1,148,000 | ↓ 6.0% |
RITZ @ FARRER ranks in the top 69% of condos in District 8 by average PSF.
Compared to the RCR average of $2,049 psf, RITZ @ FARRER trades 32.6% below the segment benchmark.
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Rental Market Overview
RITZ @ FARRER has recorded 39 rental transactions with monthly rents averaging $3,549/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 25 | $3,350/mo | $2,000/mo | $4,350/mo |
| 2 BR | 5 | $3,800/mo | $2,800/mo | $4,300/mo |
| 3 BR | 9 | $3,961/mo | $3,050/mo | $4,700/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 10 | $2,800/mo |
| 2022 | 7 | $3,486/mo |
| 2023 | 9 | $4,100/mo |
| 2024 | 5 | $3,590/mo |
| 2025 | 7 | $3,807/mo |
| 2026 | 1 | $4,500/mo |
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Investment Analysis
Based on average rents and sale prices, RITZ @ FARRER delivers an estimated gross rental yield of 4.1%. This places it among the higher-yielding condos in Singapore.
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 RITZ @ FARRER (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- RITZ @ FARRER
- Farrer Park MRT
- Little India MRT
- Little India MRT
- Jalan Besar MRT
- Rochor MRT
- LASALLE College of the Arts
- Farrer Park Primary School
- St. Andrew'
Nearby MRT Stations
RITZ @ FARRER is 340m from Farrer Park MRT (North-East Line), with 15 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Farrer Park | NE8 | North-East Line | 340m |
| Little India | NE7 | North-East Line | 520m |
| Little India | DT12 | Downtown Line | 520m |
| Jalan Besar | DT22 | Downtown Line | 620m |
| Rochor | DT13 | Downtown Line | 710m |
| Bugis | EW12 | East-West Line | 1.1 km |
| Bugis | DT14 | Downtown Line | 1.1 km |
| Lavender | EW11 | East-West Line | 1.2 km |
Nearby Schools
There are 17 schools within 2 km of RITZ @ FARRER, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| LASALLE College of the Arts | Tertiary | 400m |
| Farrer Park Primary School | Primary | 580m |
| St. Andrew's Secondary School | Secondary | 910m |
| St. Andrew's Junior College | Jc | 910m |
| St. Andrew's Junior School | Primary | 950m |
| St. Margaret's Secondary School | Secondary | 960m |
| St. Margaret's Primary School | Primary | 1.0 km |
| CHIJ Our Lady Queen of Peace | Primary | 1.1 km |
| ACS (Junior) | Primary | 1.3 km |
| Nanyang Academy of Fine Arts | Tertiary | 1.3 km |
| School of the Arts | Jc | 1.5 km |
| Singapore Management University | Tertiary | 1.5 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Genuine walk-to-MRT access. Farrer Park sits about 0.34km 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 18 units, RITZ @ FARRER 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. LASALLE College of the Arts sits about 0.40km 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 4 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: RITZ @ FARRER 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. 4 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 RITZ @ FARRER?
What is the rental yield for RITZ @ FARRER?
Is RITZ @ FARRER 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: 4 transactions analysed
- Rental data: 39 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 RITZ @ FARRER
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.
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HDB Alternatives Nearby
Weighing RITZ @ FARRER against staying public? These HDB towns sit within walking or short-drive distance:
- Central Area — 4-room average $1,088,814 (70m away)
- Kallang/whampoa — 4-room average $882,887 (150m away), an upgrader gap of about $150,000