28 RC SUITES

RACE COURSE LANE
RESALE CONDODistrict 08
Farrer Park MRT · 5 min walk (406m)RCRFreehold
Total Units
45
2Y PSF Change
+2.5%
7 txns in 24m
Median PSF
1,705
9.0% QoQ
Total Sales
16
since 2021-07
Price Range
$700k$1.2M
all-time
Unit Size
526 sqft
Floors 16
PSF MOVEMENT ALERT — 2025-Q4
Median PSF rose 9.0% quarter-on-quarter (from $1,638 in 2025-Q3 to $1,785 in 2025-Q4). Only 3 transactions this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

28 RC SUITES trades at $1,754 PSF, sitting NaN% below the District 08 median of $0 PSF. The 5-minute walk to Farrer Park MRT (406m) is a tangible lifestyle and resale advantage.

Prices have essentially flatlined over two years (+2.5%), suggesting a market in equilibrium. 7 transactions over two years is modest; the trend is directional, not definitive.

Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

A boutique 45-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.

PSF Trend

Quarterly
1,711
2022-Q4
1,722
2023-Q1
1,742
2023-Q3
1,659
2023-Q4
1,432
2024-Q3
1,754
2024-Q4
1,638
2025-Q3
1,785
2025-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Dec 2025
DatePriceSizePSFFloor
Dec 2025$735,000441 sqft$1,66501-05
Nov 2025$800,000409 sqft$1,95601-05
Oct 2025$730,000409 sqft$1,78501-05
Sep 2025$760,000431 sqft$1,76501-05
Sep 2025$1,220,000807 sqft$1,51106-10
Dec 2024$755,000431 sqft$1,75406-10
Aug 2024$1,110,000775 sqft$1,43206-10
Nov 2023$750,000452 sqft$1,65901-05
Jul 2023$750,000431 sqft$1,74201-05
Feb 2023$760,000441 sqft$1,72201-05
Showing 10 of 16 transactions

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