RITZ @ FARRER Review

Condo Review 5 min read Last reviewed
District 8 · Freehold · Completed 2016
~$1,350Avg PSF (12-month)
18Total units
Category Ratings
Facilities
2.5
Unit size & layout
6.0
Value for money
8.5
Neighbourhood
7.5
MRT accessibility
9.5
Lease remaining
10.0

Overview & Key Facts

RITZ @ FARRER is a freehold condominium at RACE COURSE ROAD in District 8 (RCR), developed by ONE42 PTE LTD, comprising 18 units, completed in 2016.

Developer
ONE42 PTE LTD
Tenure
Freehold
Total units
18
TOP year
2016
District
8 — RCR
Street
RACE COURSE ROAD

Location & Connectivity

RITZ @ FARRER is approximately 340m from Farrer Park MRT station, with 15 stations within 1.5 km.

MRT stations near RITZ @ FARRER
StationLineDistance
Farrer ParkNorth-East Line340m
Little IndiaNorth-East Line520m
Little IndiaDowntown Line520m
Jalan BesarDowntown Line620m
RochorDowntown Line710m
BugisEast-West Line1.1 km

Schools & Education

17 schools within 2 km (6 within 1 km priority zone).

Schools near RITZ @ FARRER
SchoolTypeDistance
LASALLE College of the ArtsTertiary400m
Farrer Park Primary SchoolPrimary580m
St. Andrew's Secondary SchoolSecondary910m
St. Andrew's Junior CollegeJC910m
St. Andrew's Junior SchoolPrimary950m
St. Margaret's Secondary SchoolSecondary960m
St. Margaret's Primary SchoolPrimary1 km
CHIJ Our Lady Queen of PeacePrimary1.1 km

Unit Mix & Pricing

Unit mix for RITZ @ FARRER
TypeSalesAvg PSFAvg Price
1 BR1$1,436 psf$850,000
2 BR3$1,362 psf$1,092,667

Market Position

RITZ @ FARRER has recorded 4 sales at an average price of $1,032,000.

RITZ @ FARRER sits at the 33rd percentile of District 8 condo PSF.
$1,350 psf
Avg PSF (12mo)
$1,032,000
Avg Price
4.2%
Gross Yield
4
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at RITZ @ FARRER typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:

Per-bedroom gross yield at RITZ @ FARRER
TypeAvg RentAvg PriceGross YieldRent per $100k
1 BR$3,350/mo$850,0004.73%$394/mo
2 BR$3,800/mo$1,092,6674.17%$348/mo

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Price Appreciation

PSF trend for RITZ @ FARRER
YearSalesAvg PSFChange
20212$1,368 psf
20241$1,436 psf↑ 5.0%
20261$1,350 psf↓ 6.0%

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From the 2024 high, RITZ @ FARRER prices have given back 6.0% — still 1.3% below the 2021 baseline.


Neighbourhood Comparison

District 8 competitors
CondoTenureAvg PSFSales
PICCADILLY GRAND99 yrs lease commencing from 2021$2,173 psf434
CITYLIGHTS99 yrs lease commencing from 2004$1,777 psf138
CITY SQUARE RESIDENCESFreehold$1,897 psf116
STURDEE RESIDENCES99 yrs lease commencing from 2015$1,999 psf107
KERRISDALE99 yrs lease commencing from 1998$1,400 psf92

What Could Work Against You

  • With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 18-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

This is a strong match for mrt-walkable commuters, yield-focused investors, long-term hold (10+ yr) and freehold / generational hold. Located ~343m from Farrer Park MRT, this property is a comfortable daily walk for transit commuters.

families with young children should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for short-term flippers (<5 yr) and resort facilities — other options likely serve them better. TOP 2016 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

RITZ @ FARRER is a freehold development in District 8 (RCR), with 18 units, offering a gross yield of 4.2%.

At ~$1,350 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full RITZ @ FARRER dashboard for interactive analytics.

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

FAQ

What is the average PSF for RITZ @ FARRER?
The 12-month average is approximately $1,350 psf.
Is RITZ @ FARRER freehold?
Yes, RITZ @ FARRER is a freehold property.
What is the rental yield for RITZ @ FARRER?
The estimated gross yield is 4.2%.
Which MRT is nearest to RITZ @ FARRER?
The nearest is Farrer Park MRT at 340m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 4 transactions
  • Rental data: 41 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of March 2026

Latest recorded data point: Mar 2026 · 4 records analysed · Source: URA private-sale caveats

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