First Point Suites

D15 (OCR)
District 15 ·Completed 2013
Avg PSF (12-month)
Rental yield
12 Total units
Category Ratings
Facilities
5.5
Unit size & layout
7.0
Value for money
7.5
Neighbourhood
7.5
MRT accessibility
8.0
Lease remaining
8.0

Overview & Key Facts

First Point Suites on Lorong H Telok Kurau is a 12-unit boutique condominium completed in 2013 by Heng Hong Development under a 99-year lease, with approximately 86 years remaining. Sitting on the same street as the independently reviewed Telok Kurau Lodge and The Sunny Legend, it occupies the cleanest lease position in the Lorong H cluster — at 86 years, it provides comfortable CPF and loan tenure flexibility and will not approach the critical 75-year milestone for approximately 11 years.

Kembangan EWL at 570 metres is the primary transit anchor — a reasonable walking distance to East-West Line services toward Bedok, Paya Lebar, and the CBD. The walkability score of 60 reflects the established residential enclave character of the Telok Kurau estate, where daily amenities require transit or a short drive.

The rental market shows 10 records across 12 units at a $2,750 median — a competitive rental position for a 2013-vintage boutique D15 leasehold, though the median is modest compared to the Amber Road tier and reflects the estate's car-dependent environment and distance from the premium coastal strip.

Developer
HENG HONG DEVELOPMENT PTE LTD
Tenure
Total units
12
TOP year
2013
District
15 — RCR
Street
LORONG H TELOK KURAU
Lease remaining
~86 years (of 99)

Location & Connectivity

Lorong H Telok Kurau is a residential lane within the mature Telok Kurau landed estate, connecting Upper East Coast Road to the Kembangan-Eunos EWL corridor. Kembangan EWL (570m) provides East-West Line access to Bedok (major retail and interchange), Paya Lebar (EWL+CCL interchange), and the CBD. Eunos EWL (880m) is a secondary option. Marine Terrace TEL is approximately 1.15 kilometres — accessible but at the outer range for daily walking.

Telok Kurau Primary School at 540 metres falls within the primary school ballot catchment, a consistent draw for families in the Kembangan-Telok Kurau residential community. Canossa Catholic Primary School is approximately 960 metres for Catholic-affiliation ballot purposes.

The neighbourhood character is quiet residential — landed houses, boutique condominiums, and family households characterise Lorong H. East Coast Park cycling access via the park connector is within easy cycling distance, appealing to active lifestyle families. The walkability score of 60 is functional rather than exceptional: most daily errands require transit or a short drive to the Bedok or Kembangan commercial nodes.


Schools & Education

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

Nearby Schools
SchoolTypeDistance
Telok Kurau Primary SchoolprimaryWithin 1 km
Canossa Catholic Primary SchoolprimaryWithin 1 km
Tanjong Katong Girls' Schoolsecondary~1.4 km
Canadian International School (Tanjong Katong)international~1.4 km
Chung Cheng High School (Main)secondary~1.4 km
Broadrick Secondary Schoolsecondary~1.5 km
EtonHouse International School (Broadrick)international~1.5 km
CHIJ (Katong) Primaryprimary~1.6 km

Facilities

Completed in 2013, First Point Suites at 12 units should include a swimming pool, basic gymnasium, and common areas consistent with a boutique D15 development from the 2010-era construction cycle. At 13 years post-TOP, the development is in its operational middle age — major systems should be functional and have several years remaining before requiring scheduled replacement, but buyers should request MCST financial statements to verify sinking fund adequacy and confirm no major capital works are imminent.

The 86-year remaining lease is the cleanest lease position in the Lorong H Telok Kurau development cluster, providing a meaningful advantage over Telok Kurau Lodge (64yr, reviewed separately) on the same street.


Neighbourhood Comparison

The Lorong H cluster includes Telok Kurau Lodge (1991, 64yr remaining — lease-critical) and The Sunny Legend (2006, 79yr remaining). First Point Suites (2013, 86yr remaining) holds the best lease and newest vintage on the same street. Against the wider D15 RCR market, Grand Dunman (~$2,537 PSF), Emerald of Katong (~$2,640 PSF), and Gold Palm Mansions (nearby, 103 rentals at $3,650 median) represent comparables at different scale and price points. First Point Suites targets the lower-cost boutique entry tier for D15 leasehold buyers.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
FIRST POINT SUITES201312
GRAND DUNMAN99 yrs lease commencing from 202220231,008$2,537
EMERALD OF KATONG99 yrs lease commencing from 20232024846$2,640
THE CONTINUUMFreehold2023816$2,790
TEMBUSU GRAND99 yrs lease commencing from 20222023638$2,462
AMBER PARKFreehold2021592$2,540

Lease Decay Analysis

The 99-year lease runs from 2013, meaning approximately 13 years have already been consumed. Roughly 86 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~86 yearsFull bank financing available
2043~69 yearsCPF usage still unrestricted for most buyers
2052~59 yearsApproaching 60-year threshold — CPF limits begin for some
2072~39 yearsSignificant financing restrictions for next buyer
2112ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~76 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates FIRST POINT SUITES across multiple dimensions.

Walkability
60/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
En-Bloc Potential
39/100
Verdict: Low
Overall ShiokNest Score
56/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

Lorong H Telok Kurau draws established Singaporean families seeking quieter residential character within EWL commuting distance of the CBD, alongside school-focused parents targeting Telok Kurau Primary. The 2013 vintage and 86-year lease make First Point Suites accessible to young Singaporean families with standard CPF and mortgage financing profiles. East Coast Park access via cycling attracts active-lifestyle households.


Strengths & Weaknesses

Strengths
  • 86-year remaining lease (2013 TOP) — cleanest lease in the Lorong H Telok Kurau cluster
  • Telok Kurau Primary 540m — within primary school ballot catchment
  • Kembangan EWL 570m — East-West Line access to Bedok, Paya Lebar, CBD
Weaknesses
  • Walkability 60/100 — car-dependent; daily errands require transit or drive
  • $2,750 median rent — modest for D15 RCR; reflects inland estate vs coastal strip pricing
  • 10 rentals across 12 units — moderate owner-occupancy; yield requires active tenanting
Best for — D15 Leasehold Entry Tier School Catchment Buyer Car Ownership Useful

Verdict

First Point Suites offers the best lease position of the Lorong H Telok Kurau development cluster: 2013 vintage, 86 years remaining, functional EWL access at 570 metres, and a basic suite of condominium facilities. For buyers seeking a D15 RCR boutique leasehold without the acute lease risk that affects Telok Kurau Lodge on the same street, First Point Suites provides a straightforward proposition at modest rental yields.

The primary limitation is the modest rental level ($2,750 median) relative to the Amber Road or Marine Parade tier, reflecting the car-dependent inland Telok Kurau location. Owner-occupiers who value the quiet estate character and school catchment access will find the fundamentals reasonable; investors should model realistic rental assumptions before committing.

Frequently Asked Questions

How does First Point Suites compare to Telok Kurau Lodge on the same street?
First Point Suites (2013, 86yr remaining) has a materially better lease profile than Telok Kurau Lodge (1991, 64yr remaining — drops below 60yr in ~4 years). The lease difference is the primary differentiator: First Point Suites retains full CPF and 30-year loan eligibility, while Telok Kurau Lodge faces imminent financing constraints. For buyers choosing between developments on Lorong H, the lease position alone argues clearly in favour of First Point Suites.
Is the $2,750 median rent likely to improve as the TEL network matures?
Possibly — Marine Terrace TEL (1.15km) and Siglap TEL (1.22km) are within cycling or short transit distance, and as TEL ridership grows, the relative premium of TEL-adjacent locations in D15 may increase. However, at 1.15km from the nearest TEL station, First Point Suites benefits indirectly rather than directly from TEL-proximity repricing, which primarily flows to sub-500m developments.