We track 5 sales and 174 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CITY SUITES dashboard.
- Average sale price: $985,800 across 5 transactions
- Estimated gross rental yield: 3.4%
- District 12 PSF ranking: Above average (top 29%)
- Freehold tenure · RCR · D12 · 56 units
About CITY SUITES
CITY SUITES is a freehold condominium, located at BALESTIER ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by CORPORATE RESIDENCE PTE LTD, comprising 56 residential units, completed in 2016.
As a freehold property, CITY SUITES does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at CITY SUITES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 2 | $1,826 psf | $825,500 |
| 1 BR | 1 | $1,877 psf | $990,000 |
| 2 BR | 1 | $1,188 psf | $1,100,000 |
| 3 BR | 1 | $1,200 psf | $1,188,000 |
Sales Market Overview
CITY SUITES has recorded 5 sale transactions with an average transaction price of $985,800, ranging from $751,000 to $1,188,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,350 psf | $1,013,000 | — |
| 2022 | 1 | $1,991 psf | $900,000 | ↑ 47.5% |
| 2025 | 1 | $1,877 psf | $990,000 | ↓ 5.7% |
CITY SUITES ranks in the top 29% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, CITY SUITES trades 22.7% below the segment benchmark.
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Rental Market Overview
CITY SUITES has recorded 174 rental transactions with monthly rents averaging $2,813/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 174 | $2,813/mo | $2,000/mo | $5,121/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 34 | $2,240/mo |
| 2022 | 38 | $2,654/mo |
| 2023 | 29 | $3,163/mo |
| 2024 | 27 | $3,088/mo |
| 2025 | 33 | $3,003/mo |
| 2026 | 13 | $2,938/mo |
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Investment Analysis
Based on average rents and sale prices, CITY SUITES delivers an estimated gross rental yield of 3.4%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,645 psf | 306 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| VERTICUS | Freehold | 162 | $2,122 psf | 128 |
Location Map
Map shows CITY SUITES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CITY SUITES
- Novena MRT
- Farrer Park MRT
- Boon Keng MRT
- Toa Payoh MRT
- Bendemeer MRT
- CHIJ Our Lady Queen of Peace
- Farrer Park Primary School
- Beatty Secondary School
Nearby MRT Stations
CITY SUITES is 930m from Novena MRT (North-South Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Novena | NS20 | North-South Line | 930m |
| Farrer Park | NE8 | North-East Line | 1.0 km |
| Boon Keng | NE9 | North-East Line | 1.1 km |
| Toa Payoh | NS19 | North-South Line | 1.4 km |
| Bendemeer | DT23 | Downtown Line | 1.4 km |
Nearby Schools
There are 23 schools within 2 km of CITY SUITES, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 450m |
| Farrer Park Primary School | Primary | 1.0 km |
| Beatty Secondary School | Secondary | 1.1 km |
| Bendemeer Primary School | Primary | 1.2 km |
| School of Science and Technology | Jc | 1.2 km |
| St. Margaret's Secondary School | Secondary | 1.3 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.3 km |
| Bendemeer Secondary School | Secondary | 1.3 km |
| St. Margaret's Primary School | Primary | 1.3 km |
| Balestier Hill Primary School | Primary | 1.5 km |
| Hong Wen School | Primary | 1.5 km |
| LASALLE College of the Arts | Tertiary | 1.7 km |
FAQ
What is the average price for CITY SUITES?
What is the rental yield for CITY SUITES?
Is CITY SUITES freehold or leasehold?
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 analysed
- Rental data: 174 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for CITY SUITES
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 438 condo transactions recorded in District 12 over the last 12 months, 87% resale, 13% new sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 12 reads 136.8 as of May 2026 — down 6.2% 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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Upcoming Supply Pipeline
1 active Government Land Sales site in District 12 could add roughly 335 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Lorong 1 Toa Payoh | — | ~335 | Confirmed | Available |
HDB Alternatives Nearby
Weighing CITY SUITES against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (140m away), an upgrader gap of about $100,000
- Toa Payoh — 4-room average $929,793 (1 km away), an upgrader gap of about $50,000
- Central Area — 4-room average $1,088,814 (1.3 km away)