Leicester Suites

D13 (RCR) Freehold

Leicester Suites is a freehold condominium located in District 13 (Macpherson, Braddell), part of the Rest of Central Region (RCR). Completed in 2013, the development comprises 47 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

District 13 · Freehold · Completed 2013
~$1,980Avg PSF (12-month)
47Total units
Category Ratings
Facilities
5.5
Unit size & layout
7.0
Value for money
8.5
Neighbourhood
7.5
MRT accessibility
9.5
Lease remaining
10.0

Overview & Key Facts

LEICESTER SUITES is a freehold condominium at LEICESTER ROAD in District 13 (RCR), developed by MACLY CAPITAL PTE LTD, comprising 47 units, completed in 2013.

Developer
MACLY CAPITAL PTE LTD
Tenure
Freehold
Total units
47
TOP year
2013
District
13 — RCR
Street
LEICESTER ROAD

Location & Connectivity

LEICESTER SUITES is approximately 220m from Potong Pasir MRT station, with 4 stations within 1.5 km.

MRT stations near LEICESTER SUITES
StationLineDistance
Potong PasirNorth-East Line220m
WoodleighNorth-East Line1 km
Geylang BahruDowntown Line1.1 km
Boon KengNorth-East Line1.4 km

Schools & Education

12 schools within 2 km (2 within 1 km priority zone).

Schools near LEICESTER SUITES
SchoolTypeDistance
Assumption Pathway SchoolSecondary810m
Stamford Primary SchoolPrimary820m
Bendemeer Secondary SchoolSecondary1.1 km
Bendemeer Primary SchoolPrimary1.1 km
Balestier Hill Primary SchoolPrimary1.4 km
De La Salle SchoolPrimary1.6 km
School of Science and TechnologyJC1.6 km
Hong Wen SchoolPrimary1.6 km

Unit Mix & Pricing

Unit mix for LEICESTER SUITES
TypeSalesAvg PSFAvg Price
Studio10$1,759 psf$784,800
2 BR1$1,097 psf$838,000

Market Position

LEICESTER SUITES has recorded 11 sales at an average price of $789,636.

LEICESTER SUITES sits at the 70th percentile of District 13 condo PSF.
$1,980 psf
Avg PSF (12mo)
$789,636
Avg Price
4.1%
Gross Yield
11
Total Sales

Price Appreciation

PSF trend for LEICESTER SUITES
YearSalesAvg PSFChange
20215$1,529 psf
20222$1,731 psf↑ 13.2%
20231$1,818 psf↑ 5.0%
20242$1,891 psf↑ 4.0%
20251$1,980 psf↑ 4.7%

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LEICESTER SUITES prices sit at a fresh series high after a 4.7% gain on the prior period, now 29.5% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 13 reads 117.2 as of June 2026 — up 6.6% 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 13 competitors
CondoTenureAvg PSFSales
THE WOODLEIGH RESIDENCES99 yrs lease commencing from 2017$2,234 psf401
THE TRE VER99 yrs lease commencing from 2018$1,922 psf301
BARTLEY RIDGE99 yrs lease commencing from 2012$1,719 psf280
PARK COLONIAL99 yrs lease commencing from 2017$2,151 psf251
THE POIZ RESIDENCES99 yrs lease commencing from 2014$1,878 psf226

What Could Work Against You

  • Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 47 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

The profile fits young couples (no kids), mrt-walkable commuters, yield-focused investors and long-term hold (10+ yr) best. The unit profile suits DINK couples valuing CBD/MRT access over square footage.

It is a weaker fit for multi-generational families and resort facilities — other options likely serve them better. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

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


Verdict

LEICESTER SUITES is a freehold development in District 13 (RCR), with 47 units, offering a gross yield of 4.1%.

At ~$1,980 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full LEICESTER SUITES dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing LEICESTER SUITES against staying public? These HDB towns sit within walking or short-drive distance:

  • Toa Payoh — 4-room average $929,793 (160m away)
  • Kallang/whampoa — 4-room average $882,887 (650m away)
  • Hougang — 4-room average $630,510 (1.6 km away), an upgrader gap of about $150,000

FAQ

What is the average PSF for LEICESTER SUITES?
The 12-month average is approximately $1,980 psf.
Is LEICESTER SUITES freehold?
Yes, LEICESTER SUITES is a freehold property.
What is the rental yield for LEICESTER SUITES?
The estimated gross yield is 4.1%.
Which MRT is nearest to LEICESTER SUITES?
The nearest is Potong Pasir MRT at 220m.

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: 11 transactions
  • Rental data: 122 leases
  • Source: URA

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

Data as of March 2025

Latest recorded data point: Mar 2025 · 11 records analysed · Source: URA private-sale caveats