Urban Lofts
Urban Lofts is a freehold condominium in District 8 (Little India), within Singapore's Rest of Central Region (RCR). Completed in 2011, the development comprises 46 units. Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 8 can be compared on ShiokNest's district analytics pages.
Overview & Key Facts
URBAN LOFTS is a freehold condominium at RANGOON ROAD in District 8 (RCR), developed by ASCENDER CAPITAL PTE LTD, comprising 46 units, completed in 2011.
Location & Connectivity
URBAN LOFTS is approximately 200m from Farrer Park MRT station, with 11 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Farrer Park | North-East Line | 200m |
| Bendemeer | Downtown Line | 990m |
| Jalan Besar | Downtown Line | 1 km |
| Little India | North-East Line | 1 km |
| Little India | Downtown Line | 1 km |
| Boon Keng | North-East Line | 1 km |
Schools & Education
17 schools within 2 km (3 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Farrer Park Primary School | Primary | 280m |
| CHIJ Our Lady Queen of Peace | Primary | 750m |
| LASALLE College of the Arts | Tertiary | 900m |
| St. Andrew's Secondary School | Secondary | 1 km |
| St. Andrew's Junior College | JC | 1 km |
| St. Margaret's Secondary School | Secondary | 1.1 km |
| St. Andrew's Junior School | Primary | 1.1 km |
| St. Margaret's Primary School | Primary | 1.2 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 4 | $1,548 psf | $658,250 |
| 1 BR | 4 | $1,355 psf | $776,250 |
| 2 BR | 5 | $1,320 psf | $1,030,400 |
Market Position
URBAN LOFTS has recorded 13 sales at an average price of $837,692.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at URBAN LOFTS 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 | $2,701/mo | $776,250 | 4.18% | $348/mo |
| 2 BR | $3,011/mo | $1,030,400 | 3.51% | $292/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 3 | $1,525 psf | — |
| 2022 | 3 | $1,240 psf | ↓ 18.6% |
| 2023 | 5 | $1,341 psf | ↑ 8.1% |
| 2024 | 1 | $1,620 psf | ↑ 20.8% |
| 2025 | 1 | $1,594 psf | ↓ 1.6% |
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The series remains near its 2024 high — URBAN LOFTS prices sit 4.5% above where they began in 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 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 46-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
The profile fits young couples (no kids), single professionals, mrt-walkable commuters and yield-focused investors best. The unit profile suits DINK couples valuing CBD/MRT access over square footage.
families with young children, quiet sanctuary seekers and resort facilities should probably look elsewhere. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
Verdict
URBAN LOFTS is a freehold development in District 8 (RCR), with 46 units, offering a gross yield of 3.9%.
At ~$1,594 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full URBAN LOFTS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing URBAN LOFTS against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (160m away)
- Central Area — 4-room average $1,088,814 (580m away)
- Toa Payoh — 4-room average $929,793 (1.8 km away)
FAQ
What is the average PSF for URBAN LOFTS?
Is URBAN LOFTS freehold?
What is the rental yield for URBAN LOFTS?
Which MRT is nearest to URBAN LOFTS?
Sources & Next Steps
- URBAN LOFTS 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: 13 transactions
- Rental data: 133 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Oct 2025 · 13 records analysed · Source: URA private-sale caveats