Rajah Towers
Rajah Towers is a freehold condominium in District 12 (Toa Payoh, Serangoon, Balestier), within Singapore's Rest of Central Region (RCR). The development was completed in 1984 and comprises 98 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
RAJAH TOWERS is a freehold condominium at JALAN RAJAH in District 12 (RCR), developed by HOLLY REALTY COMPANY PTE LTD, comprising 98 units, completed in 1984.
Location & Connectivity
RAJAH TOWERS is approximately 610m from Toa Payoh MRT station, with 3 stations within 1.5 km.
Schools & Education
23 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Beatty Secondary School | Secondary | 530m |
| CHIJ Secondary (Toa Payoh) | Secondary | 670m |
| School of Science and Technology | JC | 700m |
| CHIJ Our Lady Queen of Peace | Primary | 980m |
| Balestier Hill Primary School | Primary | 980m |
| Saint Joseph's Institution International | International | 1.1 km |
| Pei Chun Public School | Primary | 1.2 km |
| New Town Primary School | Primary | 1.2 km |
Market Position
RAJAH TOWERS has recorded 11 sales at an average price of $2,755,081.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 4 | $1,136 psf | — |
| 2022 | 2 | $1,278 psf | ↑ 12.6% |
| 2023 | 1 | $1,284 psf | ↑ 0.5% |
| 2024 | 2 | $1,390 psf | ↑ 8.2% |
| 2025 | 2 | $1,431 psf | ↑ 2.9% |
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The latest reading marks the highest point in this series — RAJAH TOWERS prices have climbed 25.9% since 2021.
Price Index Check
The ShiokNest Price Index for District 12 reads 147.7 as of June 2026 — up 14.3% 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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | $2,730 psf | 741 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | $1,649 psf | 312 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | $1,845 psf | 202 |
| TREVISTA | 99 yrs lease commencing from 2008 | $1,711 psf | 150 |
| VERTICUS | Freehold | $2,127 psf | 131 |
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.
- At 42+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: car-owning households, long-term hold (10+ yr), en-bloc speculators and freehold / generational hold. Parking and arterial road access matter more here than walking-distance MRT.
foreign / absd-aware buyers and heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for yield-focused investors — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
RAJAH TOWERS is a freehold development in District 12 (RCR), with 98 units, offering a gross yield of 2.0%.
At ~$1,431 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full RAJAH TOWERS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing RAJAH TOWERS against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (220m away), an upgrader gap of about $1,850,000
- Toa Payoh — 4-room average $929,793 (490m away), an upgrader gap of about $1,850,000
- Bishan — 4-room average $791,445 (1.9 km away), an upgrader gap of about $1,950,000
FAQ
What is the average PSF for RAJAH TOWERS?
Is RAJAH TOWERS freehold?
What is the rental yield for RAJAH TOWERS?
Which MRT is nearest to RAJAH TOWERS?
Sources & Next Steps
- RAJAH TOWERS Dashboard — Live charts and analytics
- URA — Official transaction data
- District 12 (Toa Payoh, Serangoon, Balestier) — District 12 neighbourhood guide
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: 50 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Aug 2025 · 11 records analysed · Source: URA private-sale caveats