Suites @ Owen
Suites @ Owen is a freehold condominium in District 8 (Little India), within Singapore's Rest of Central Region (RCR). Completed in 2011, the development comprises 20 units. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
SUITES @ OWEN is a freehold condominium at OWEN ROAD in District 8 (RCR), developed by MACLY PTE LTD, comprising 20 units, completed in 2011.
Location & Connectivity
SUITES @ OWEN is approximately 120m from Farrer Park MRT station, with 11 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Farrer Park | North-East Line | 120m |
| Little India | North-East Line | 900m |
| Little India | Downtown Line | 900m |
| Jalan Besar | Downtown Line | 910m |
| Bendemeer | Downtown Line | 1 km |
| Rochor | Downtown Line | 1.1 km |
Schools & Education
17 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Farrer Park Primary School | Primary | 300m |
| LASALLE College of the Arts | Tertiary | 800m |
| CHIJ Our Lady Queen of Peace | Primary | 800m |
| St. Andrew's Secondary School | Secondary | 990m |
| St. Andrew's Junior College | JC | 990m |
| St. Margaret's Secondary School | Secondary | 1 km |
| St. Andrew's Junior School | Primary | 1 km |
| St. Margaret's Primary School | Primary | 1.1 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 1 | $1,639 psf | $600,000 |
| 1 BR | 2 | $1,520 psf | $862,944 |
| 2 BR | 1 | $1,546 psf | $1,265,000 |
| 3 BR | 1 | $1,239 psf | $1,280,000 |
Market Position
SUITES @ OWEN has recorded 5 sales at an average price of $974,178.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at SUITES @ OWEN 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 | $2,623/mo | $862,944 | 3.65% | $304/mo |
| 2 BR | $3,406/mo | $1,265,000 | 3.23% | $269/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,439 psf | — |
| 2023 | 1 | $1,442 psf | ↑ 0.2% |
| 2025 | 2 | $1,572 psf | ↑ 9.1% |
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The latest reading marks the highest point in this series — SUITES @ OWEN prices have climbed 9.3% since 2021.
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 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 20-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
Buyers most likely to be happy here: mrt-walkable commuters, freehold / generational hold and boutique low-density (<100 units). MRT proximity is the standout commute feature for daily transit users.
For long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.
It is a weaker fit for families with young children and resort facilities — other options likely serve them better. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
Verdict
SUITES @ OWEN is a freehold development in District 8 (RCR), with 20 units, offering a gross yield of 3.4%.
At ~$1,572 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full SUITES @ OWEN dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing SUITES @ OWEN against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (170m away), an upgrader gap of about $100,000
- Central Area — 4-room average $1,088,814 (470m away)
- Toa Payoh — 4-room average $929,793 (1.9 km away), an upgrader gap of about $50,000
FAQ
What is the average PSF for SUITES @ OWEN?
Is SUITES @ OWEN freehold?
What is the rental yield for SUITES @ OWEN?
Which MRT is nearest to SUITES @ OWEN?
Sources & Next Steps
- SUITES @ OWEN 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: 5 transactions
- Rental data: 61 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2025 · 5 records analysed · Source: URA private-sale caveats