Carlyx Residence

D8 (RCR) Freehold
District 8 ·Freehold ·Completed 2006
Avg PSF (12-month)
2.9% Rental yield
12 Total units
Category Ratings
Facilities
4.5
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
7.5
MRT accessibility
8.5
Lease remaining
9.5

Overview & Key Facts

Carlyx Residence occupies a quiet stretch of Carlisle Road in District 8, tucked between the colourful chaos of Little India and the established residential calm of Novena. Developed by World Class Land Pte Ltd and completed in 2006, it is among the more understated freehold boutique developments in the inner city — a five-storey block of just 12 units that trades density and resort-scale facilities for privacy, permanence, and a genuinely tranquil street address.

At 12 units, Carlyx Residence is not a development that announces itself. There is no grand arrival court, no kilometre of poolside cabanas, no weekend queue for the tennis court. What it offers instead is something increasingly scarce in Singapore: a freehold address within striking distance of three MRT lines, on a low-traffic road that still manages to feel separate from the city pressing in on all sides.

The unit mix runs from two-bedroom apartments of around 753–882 sqft up to larger three-bedroom configurations reaching approximately 1,389 sqft — sizes that compare favourably with the shoebox-heavy supply that has dominated inner-city new launches since 2010. Transaction volume is thin, as expected for a 12-unit development, but the freehold tenure means owners tend to hold rather than flip — a pattern reflected in fewer than three recorded sale transactions in recent years.

Developer
WORLD CLASS LAND PTE LTD
Tenure
Freehold
Total units
12
TOP year
2006
District
8 — RCR
Street
CARLISLE ROAD

Location & Connectivity

Carlisle Road sits in the residential hinterland between Little India and Novena — two very different urban characters that together define District 8’s appeal. The street itself is narrow and lined with mature trees, giving it a landed-enclave feel that belies its proximity to one of Singapore’s most vibrant cultural districts.

Farrer Park MRT (North-East Line, NE8) is approximately 700 metres away, a comfortable walk for most residents. Little India MRT (North-East Line / Downtown Line interchange, NE7/DT12) is roughly 780 metres in the other direction — making Carlyx Residence one of the few developments with genuine walking access to two MRT stations across two lines. Novena MRT (North-South Line, NS20) adds a third line within 910 metres, a rare multi-line catchment for a sub-$2m price point.

For drivers, the Central Expressway (CTE) is accessible within minutes, placing the CBD around 10–12 minutes away in off-peak conditions. Orchard Road is reachable in 8–10 minutes via Bukit Timah Road or Thomson Road. The pan-island connectivity via Serangoon Road provides reasonable access to both the east and north-west.

Day-to-day amenities skew heavily towards the character of the neighbourhood. Little India Arcade, Mustafa Centre, and the hawker offerings around Tekka Market are within a 10–15 minute walk and provide some of the most affordable and culturally rich food options in Singapore. Pek Kio Market and Food Centre (Ovaltine stall, fresh produce) is similarly close. For more curated retail, United Square and Velocity @ Novena Square at Novena are a short drive or bus ride away — both have supermarkets, food courts, and medical services.

Hospital proximity
KK Women’s and Children’s Hospital is less than 1 km away, and Tan Tock Seng Hospital is approximately 1.2 km away via Thomson Road. For families with young children or elderly parents, this level of medical infrastructure proximity is a genuine practical advantage.

Schools & Education

3 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
St. Margaret's Secondary SchoolsecondaryWithin 1 km
St. Margaret's Primary SchoolprimaryWithin 1 km
CHIJ Our Lady Queen of PeaceprimaryWithin 1 km
LASALLE College of the ArtstertiaryWithin 1 km
Farrer Park Primary SchoolprimaryWithin 1 km
ACS (Junior)primary~1.2 km
Singapore Chinese Girls' School (Primary)primary~1.4 km
Anglo-Chinese School (Primary)primary~1.4 km

Facilities

Expectations need to be calibrated correctly here: Carlyx Residence is a boutique development of 12 units, and its facilities reflect that scale. The offering is deliberately curated rather than comprehensive — a swimming pool, children’s playground, BBQ pits, water feature, car park, and 24-hour security. There is no gym, no function room, no tennis court.

This is not a weakness for the right buyer. The trade-off is straightforward: in exchange for facilities that could not realistically be built or maintained for 12 households, residents receive lower maintenance fees, a quieter compound, and facilities that are genuinely available whenever needed — no booking queues, no facility over-subscription, no waiting list for the pool on a Sunday afternoon. The pool and BBQ areas serve 12 households rather than 300, which means they are effectively private amenities in day-to-day use.

For anything beyond the basics — gym, lap pool, tennis, squash — residents have options nearby. Farrer Park Sport Centre (0.6 km) offers a full range of facilities at subsidised rates. The YMCA at Stevens Road is also accessible by the NSL from Novena. The boutique model works best when residents mentally benchmark against a landed home rather than a full-service condo; on that comparison, the shared pool and 24-hour security look considerably more appealing.


Unit Sizes & Layout

Carlyx Residence offers unit sizes that stand in sharp contrast to the compact footprints that characterise most District 8 new launches from the 2010s onward. Two-bedroom units run from approximately 753 to 882 sqft, and larger configurations reach around 1,389 sqft — dimensions that align more closely with the expectations of the mid-2000s Singapore market, when developers had not yet fully pivoted to yield-maximising micro-units.

The five-storey scale means all units are low-rise by Singapore standards, which has two implications: no dramatic city views, but also no lifts that stop on every floor and no corridor neighbours above or below. The building footprint is tight relative to the land area, preserving meaningful outdoor space for the pool and greenery.

Stack orientation note
Carlisle Road is a low-traffic residential street, so most units benefit from road-facing quietude rather than suffering it. Upper-floor units facing away from the road look toward the landed residential cluster that characterises this part of District 8 — views that are unlikely to be obstructed by future high-rise development given the surrounding land use zoning.

Finishing quality reflects the mid-market positioning of a 2006-vintage development. The original bathrooms and kitchen fittings are functional but dated by 2026 standards, and prospective buyers should factor in renovation costs accordingly. The structural bones — ceiling heights, room proportions, balcony dimensions — are solid and more generous than their contemporary equivalents, making renovation a worthwhile proposition.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR1$1,292$751,000
3 BR1$1,249$1,250,000

Pricing & Market Position

Based on 2 recorded transactions, sale prices range from $751,000 to $1,250,000, averaging $1,000,500.

Rents range from $2,000 to $4,650 per month across 22 rental transactions. Current rental yield sits at approximately 2.9%.


Neighbourhood Comparison

The nearest direct comparables in District 8 illustrate the positioning clearly. Piccadilly Grand (407 units, 99-year leasehold from 2021) transacts at approximately S$2,166 psf — a significant premium over Carlyx Residence’s historical range, but with a fresh lease, comprehensive facilities, and the Farrer Park MRT directly integrated into its development footprint. City Square Residences (910 units, freehold) at S$1,892 psf offers freehold tenure with larger scale and better liquidity. Sturdee Residences (305 units, leasehold) at S$1,999 psf provides a more contemporary build standard but forfeits permanence.

Carlyx Residence sits below all of these on PSF (historical transactions around S$1,270 psf, with recent limited data) precisely because it offers limited liquidity, no scale facilities, and a 2006 vintage. The freehold title does not close the gap on its own. For buyers who are explicitly seeking boutique scale and the accompanying lifestyle trade-offs, the discount relative to City Square Residences represents genuine value; for buyers whose primary filter is facilities breadth or resale confidence, the larger neighbouring developments serve the brief better.

Within the immediate Carlisle Road micro-market, Carlyx Green (also 12 units, freehold, completed 2009, also World Class Land) is the closest comparable — effectively a second iteration of the same development concept on the same street. Buyers considering Carlyx Residence should view both developments together, as unit availability is too thin in either to rely on a single development for purchase timing.

District 8 Comparables
DevelopmentTenureTOPUnits~Avg PSF
CARLYX RESIDENCEFreehold200612
PICCADILLY GRAND99 yrs lease commencing from 20212022407$2,166
CITYLIGHTS99 yrs lease commencing from 20042007600$1,763
CITY SQUARE RESIDENCESFreehold2009910$1,892
STURDEE RESIDENCES99 yrs lease commencing from 2015305$1,999
KERRISDALE99 yrs lease commencing from 19982006481$1,395

ShiokNest Scores

Our proprietary scoring system evaluates CARLYX RESIDENCE across multiple dimensions.

Walkability
73/100
MRT: 15/25, School: 20/20, Hawker: 15/15, Mall: 8/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
En-Bloc Potential
52/100
Verdict: Moderate
Overall ShiokNest Score
60/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“12 unit apartment situated on a very quiet road. There’s a sense of calmness found on this road that is rather different from the high rise living in Singapore. Highly recommended for stayers and not investors.”

— Resident review via Singapore Expats Condo Directory

Resident feedback on Carlyx Residence is sparse — an inevitable consequence of having only 12 households, few of whom have motivation to post publicly about a quiet freehold address where little goes wrong. The absence of negative reviews on mainstream platforms like PropertyGuru and EdgeProp is notable and contrasts with larger developments where facilities disputes, management grievances, and neighbour complaints surface regularly.

The pattern that emerges from available feedback and listing descriptions is consistent: residents value the quietness of Carlisle Road, the genuine MRT accessibility, and the boutique scale that provides a semi-private pool experience. The trade-offs — limited in-compound facilities, dated finishings, relatively thin resale liquidity — are understood and accepted by the owner profile that self-selects into a 12-unit development.


Strengths & Weaknesses

Strengths
  • Freehold tenure — permanent land ownership with no lease decay
  • Three MRT lines within 1 km (NE, DT, NS) — rare multi-line walkability
  • Genuinely quiet, low-traffic residential street
  • Boutique 12-unit scale — pool and amenities effectively private in daily use
  • No facility over-subscription or booking queues
  • Generous unit sizes by District 8 standards (up to 1,389 sqft)
  • KK Hospital and Tan Tock Seng Hospital within 1.2 km
  • Rich neighbourhood amenities: Tekka Market, Little India, Pek Kio FC
  • Multiple primary schools within 1 km for P1 balloting
  • CBD and Orchard Road accessible within 10–12 minutes by car or MRT
Weaknesses
  • Very thin transaction liquidity — 12 units means resale can take time
  • No gym, no tennis court, no function room — facilities are minimal
  • Interior finishings dated (2006 vintage) — renovation budget required
  • Low en-bloc potential due to small site area and unit count
  • Investment yield (~2.9%) below District 8 average for larger developments
  • No on-site retail, F&B, or childcare facilities
  • District 8 noise and vibrancy of Little India not for everyone
  • Very few public reviews — limited crowd-sourced due diligence available
  • Low unit count makes collective management decisions more personal/contentious
Best for — Long-term owner-occupiers Freehold tenure seekers MRT-dependent commuters (multi-line) Privacy-focused buyers Cultural district lifestyle lovers Medical professionals (KKH / TTSH) Young couples (city fringe value) Yield-focused investors Facilities-first buyers Short-term flippers

Verdict

Carlyx Residence is a niche product for a specific buyer: someone who values freehold tenure, genuine MRT walkability across multiple lines, a low-density residential environment, and the practical advantages of inner-city living without paying the premium associated with CCR addresses or new-launch price levels. On those criteria, it delivers consistently.

The investment case is harder to make in conventional terms. Transaction volume is structurally thin — you cannot compare 12-unit developments to 300-unit condos on liquidity grounds and expect the numbers to look the same. Gross yield at approximately 2.9% is below the Singapore average for District 8, partly because the freehold tenure supports a higher capital value base. The en-bloc potential score of 52/100 is moderate; the small site area and low unit count make collective sale economics challenging unless land values in this corridor continue to rise materially.

The case for Carlyx Residence rests on the intangibles: the street is genuinely quiet, the freehold title is permanent, the MRT is walkable, and the neighbourhood is arguably the most culturally layered residential address in Singapore. For a buyer who plans to occupy for a decade or more, those factors compound favourably. For an investor seeking yield optimisation or short-term capital appreciation against a liquid exit, a larger development in the same district will serve the objective better.

The resident who captured it most accurately described it as “highly recommended for stayers and not investors” — a distinction that efficiently summarises the development’s real identity. At the right price point and with a renovation budget allocated, Carlyx Residence offers a quietly exceptional inner-city address.

Frequently Asked Questions

How many units does Carlyx Residence have?
Carlyx Residence is a boutique freehold development with only 12 units, completed in 2006 by World Class Land Pte Ltd. It is a five-storey low-rise building at 39 Carlisle Road, District 8.
Which MRT stations are nearest to Carlyx Residence?
Farrer Park MRT (North-East Line, NE8) is approximately 700m away. Little India MRT (NE7/DT12 interchange) is around 780m away. Novena MRT (North-South Line, NS20) is within 910m. This gives residents walkable access to three MRT lines — a genuinely rare catchment for a District 8 property at this price level.
What is the tenure of Carlyx Residence?
Carlyx Residence is freehold — there is no lease decay and no 99-year expiry clock. This is one of its key differentiators from larger neighbouring developments such as Piccadilly Grand and Sturdee Residences, which are 99-year leasehold.
What schools are near Carlyx Residence?
St. Margaret's Secondary School (0.40km), St. Margaret's Primary School (0.49km), CHIJ Our Lady Queen of Peace (0.62km), Farrer Park Primary School (0.92km), and ACS (Junior) (1.15km) are all within or near the 1 km P1 balloting radius. Multiple school options across different networks strengthen the location for families.
Is Carlyx Residence a good investment property?
Carlyx Residence is generally better suited to long-term owner-occupiers than yield-focused investors. Gross yield is approximately 2.9%, which is below the District 8 average for larger developments. The 12-unit scale means very thin resale liquidity, which can extend exit timelines. The freehold title provides capital preservation over a long hold period, but short-term investors or those targeting rental income optimisation will typically find larger District 8 developments more suitable.
How does Carlyx Residence compare to Piccadilly Grand and City Square Residences?
Piccadilly Grand (99-year leasehold, 407 units, ~$2,166 psf) offers a fresh lease, MRT integration, and full facilities at a significant premium. City Square Residences (freehold, 910 units, ~$1,892 psf) provides freehold tenure with far better liquidity and more facilities. Carlyx Residence trades at a discount to both in exchange for boutique scale, lower density, and a quieter street address — a trade-off best suited to buyers who actively value those qualities.