SEASUITES Review

Condo Review 4 min read Last reviewed
District 5 · Freehold · Completed 2015
~$1,549Avg PSF (12-month)
52Total units
Category Ratings
Facilities
5.0
Unit size & layout
7.5
Value for money
7.5
Neighbourhood
7.0
MRT accessibility
9.5
Lease remaining
9.0

Overview & Key Facts

SEASUITES is a freehold condominium at PASIR PANJANG ROAD in District 5 (RCR), developed by LINK (THM) GREENLEAF PTE. LTD, comprising 52 units, completed in 2015.

Developer
LINK (THM) GREENLEAF PTE. LTD
Tenure
Freehold
Total units
52
TOP year
2015
District
5 — RCR
Street
PASIR PANJANG ROAD

Location & Connectivity

SEASUITES is approximately 100m from Haw Par Villa MRT station, with 3 stations within 1.5 km.

MRT stations near SEASUITES
StationLineDistance
Haw Par VillaCircle Line100m
Pasir PanjangCircle Line1.1 km
Kent RidgeCircle Line1.3 km

Schools & Education

2 schools within 2 km.

Schools near SEASUITES
SchoolTypeDistance
Dulwich College (Singapore)International1.3 km
National University of SingaporeTertiary1.8 km

Unit Mix & Pricing

Unit mix for SEASUITES
TypeSalesAvg PSFAvg Price
1 BR6$1,741 psf$1,073,167
2 BR2$1,576 psf$1,425,000
3 BR2$1,578 psf$1,780,000
4 BR2$1,545 psf$2,155,000

Market Position

SEASUITES has recorded 12 sales at an average price of $1,429,917.

SEASUITES sits at the 61st percentile of District 5 condo PSF.
$1,549 psf
Avg PSF (12mo)
$1,429,917
Avg Price
2.9%
Gross Yield
12
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at SEASUITES 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 SEASUITES
TypeAvg RentAvg PriceGross YieldRent per $100k
1 BR$3,027/mo$1,073,1673.38%$282/mo
2 BR$3,857/mo$1,425,0003.25%$271/mo
3 BR$4,943/mo$1,780,0003.33%$278/mo

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Price Appreciation

PSF trend for SEASUITES
YearSalesAvg PSFChange
20212$1,677 psf
20221$1,480 psf↓ 11.8%
20234$1,688 psf↑ 14.0%
20243$1,720 psf↑ 1.9%
20252$1,549 psf↓ 9.9%

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From the 2024 high, SEASUITES prices have given back 9.9% — still 7.7% below the 2021 baseline.

Price Index Check

The ShiokNest Price Index for District 5 reads 134.8 as of June 2026 — down 5.5% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 5 competitors
CondoTenureAvg PSFSales
LANDED HOUSING DEVELOPMENTFreehold$1,858 psf6241
NORMANTON PARK99 yrs lease commencing from 2019$1,868 psf1433
PARC CLEMATIS99 yrs lease commencing from 2019$1,896 psf1428
ELTA99 yrs lease commencing from 2024$2,557 psf413
FABER RESIDENCE99 yrs lease commencing from 2025$2,159 psf384

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 52-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, tertiary student housing, sea-view / waterfront and long-term hold (10+ yr). Located ~102m from Haw Par Villa MRT, this property is a comfortable daily walk for transit commuters.

For freehold / generational hold, it can work — but weigh the trade-offs before committing.

It is a weaker fit for families with young children and resort facilities — other options likely serve them better. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

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


Verdict

SEASUITES is a freehold development in District 5 (RCR), with 52 units, offering a gross yield of 2.9%.

At ~$1,549 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full SEASUITES dashboard for interactive analytics.

FAQ

What is the average PSF for SEASUITES?
The 12-month average is approximately $1,549 psf.
Is SEASUITES freehold?
Yes, SEASUITES is a freehold property.
What is the rental yield for SEASUITES?
The estimated gross yield is 2.9%.
Which MRT is nearest to SEASUITES?
The nearest is Haw Par Villa MRT at 100m.

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: 12 transactions
  • Rental data: 153 leases
  • Source: URA

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

Data as of October 2025

Latest recorded data point: Oct 2025 · 12 records analysed · Source: URA private-sale caveats

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