Suites 123
Suites 123 is a freehold condominium located in District 8 (Little India), part of the Rest of Central Region (RCR). Completed in 2010, the development comprises 37 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
SUITES 123 is a freehold condominium at RANGOON ROAD in District 8 (RCR), developed by MACLY ASSETS PTE LTD, comprising 37 units, completed in 2010.
Location & Connectivity
SUITES 123 is approximately 310m from Farrer Park MRT station, with 9 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Farrer Park | North-East Line | 310m |
| Boon Keng | North-East Line | 1 km |
| Bendemeer | Downtown Line | 1 km |
| Little India | North-East Line | 1.1 km |
| Little India | Downtown Line | 1.1 km |
| Jalan Besar | Downtown Line | 1.1 km |
Schools & Education
17 schools within 2 km (3 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Farrer Park Primary School | Primary | 370m |
| CHIJ Our Lady Queen of Peace | Primary | 650m |
| LASALLE College of the Arts | Tertiary | 990m |
| St. Margaret's Secondary School | Secondary | 1 km |
| St. Margaret's Primary School | Primary | 1.1 km |
| St. Andrew's Secondary School | Secondary | 1.1 km |
| St. Andrew's Junior College | JC | 1.1 km |
| St. Andrew's Junior School | Primary | 1.2 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 1 | $1,659 psf | $750,000 |
| 1 BR | 1 | $1,605 psf | $933,000 |
| 2 BR | 1 | $1,258 psf | $1,070,000 |
Market Position
SUITES 123 has recorded 3 sales at an average price of $917,667.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at SUITES 123 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:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 1 BR | $2,874/mo | $933,000 | 3.70% | $308/mo |
| 2 BR | $3,714/mo | $1,070,000 | 4.17% | $347/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2023 | 1 | $1,258 psf | — |
| 2024 | 1 | $1,659 psf | ↑ 31.8% |
| 2025 | 1 | $1,605 psf | ↓ 3.2% |
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From the 2024 high, SUITES 123 prices have given back 3.2% — still 27.6% above the 2023 baseline.
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PICCADILLY GRAND | 99 yrs lease commencing from 2021 | $2,173 psf | 434 |
| CITYLIGHTS | 99 yrs lease commencing from 2004 | $1,777 psf | 138 |
| CITY SQUARE RESIDENCES | Freehold | $1,897 psf | 116 |
| STURDEE RESIDENCES | 99 yrs lease commencing from 2015 | $1,999 psf | 107 |
| KERRISDALE | 99 yrs lease commencing from 1998 | $1,400 psf | 92 |
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 37-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
This is a strong match for single professionals, mrt-walkable commuters, yield-focused investors and long-term hold (10+ yr). Smaller-format units and RCR (Rest of Central Region) location suit solo buyers with a CBD-oriented career.
p1 school balloting families should treat this as a shortlist candidate, not a default choice.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
SUITES 123 is a freehold development in District 8 (RCR), with 37 units, offering a gross yield of 3.9%.
At ~$1,605 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full SUITES 123 dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing SUITES 123 against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (200m away), an upgrader gap of about $50,000
- Central Area — 4-room average $1,088,814 (660m away)
- Toa Payoh — 4-room average $929,793 (1.7 km away)
FAQ
What is the average PSF for SUITES 123?
Is SUITES 123 freehold?
What is the rental yield for SUITES 123?
Which MRT is nearest to SUITES 123?
Sources & Next Steps
- SUITES 123 Dashboard — Live charts and analytics
- URA — Official transaction data
- District 8 (Little India) — District 8 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: 3 transactions
- Rental data: 98 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Aug 2025 · 3 records analysed · Source: URA private-sale caveats