We track 11 sales and 145 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SOHO 188 dashboard.
- Average sale price: $819,273 across 11 transactions
- Estimated gross rental yield: 4.2%
- District 8 PSF ranking: Premium tier (top 18%)
- Freehold tenure · RCR · D8 · 49 units
About SOHO 188
SOHO 188 is a freehold condominium, located at RACE COURSE ROAD in District 8 (Little India) (Rest of Central Region), developed by MACLY ASSETS PTE LTD, comprising 49 residential units, completed in 2008.
As a freehold property, SOHO 188 does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at SOHO 188:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 8 | $1,693 psf | $735,250 |
| 1 BR | 3 | $1,694 psf | $1,043,333 |
Sales Market Overview
SOHO 188 has recorded 11 sale transactions with an average transaction price of $819,273, ranging from $630,000 to $1,350,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,626 psf | $630,000 | — |
| 2022 | 4 | $1,644 psf | $765,000 | ↑ 1.1% |
| 2024 | 1 | $1,788 psf | $770,000 | ↑ 8.8% |
| 2025 | 4 | $1,744 psf | $933,000 | ↓ 2.5% |
| 2026 | 1 | $1,656 psf | $820,000 | ↓ 5.0% |
SOHO 188 ranks in the top 18% of condos in District 8 by average PSF.
Compared to the RCR average of $2,049 psf, SOHO 188 trades 17.4% below the segment benchmark.
Loading chart data...
Rental Market Overview
SOHO 188 has recorded 145 rental transactions with monthly rents averaging $2,897/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 132 | $2,853/mo | $1,850/mo | $4,000/mo |
| 2 BR | 13 | $3,335/mo | $2,750/mo | $3,900/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 27 | $2,247/mo |
| 2022 | 25 | $2,737/mo |
| 2023 | 21 | $3,196/mo |
| 2024 | 33 | $3,065/mo |
| 2025 | 25 | $3,160/mo |
| 2026 | 14 | $3,114/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, SOHO 188 delivers an estimated gross rental yield of 4.2%. 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 SOHO 188 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SOHO 188
- Farrer Park MRT
- Little India MRT
- Little India MRT
- Jalan Besar MRT
- Rochor MRT
- Farrer Park Primary School
- LASALLE College of the Arts
- St. Andrew'
Nearby MRT Stations
SOHO 188 is 170m from Farrer Park MRT (North-East Line), with 12 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Farrer Park | NE8 | North-East Line | 170m |
| Little India | NE7 | North-East Line | 690m |
| Little India | DT12 | Downtown Line | 690m |
| Jalan Besar | DT22 | Downtown Line | 700m |
| Rochor | DT13 | Downtown Line | 860m |
| Bendemeer | DT23 | Downtown Line | 1.1 km |
| Lavender | EW11 | East-West Line | 1.2 km |
| Bugis | EW12 | East-West Line | 1.2 km |
Nearby Schools
There are 16 schools within 2 km of SOHO 188, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Farrer Park Primary School | Primary | 410m |
| LASALLE College of the Arts | Tertiary | 560m |
| St. Andrew's Secondary School | Secondary | 880m |
| St. Andrew's Junior College | Jc | 880m |
| St. Andrew's Junior School | Primary | 920m |
| CHIJ Our Lady Queen of Peace | Primary | 970m |
| St. Margaret's Secondary School | Secondary | 1.0 km |
| St. Margaret's Primary School | Primary | 1.1 km |
| Hong Wen School | Primary | 1.4 km |
| ACS (Junior) | Primary | 1.5 km |
| Nanyang Academy of Fine Arts | Tertiary | 1.5 km |
| Bendemeer Primary School | Primary | 1.6 km |
FAQ
What is the average price for SOHO 188?
What is the rental yield for SOHO 188?
Is SOHO 188 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: 11 transactions analysed
- Rental data: 145 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 SOHO 188
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.