Overview & Key Facts
CITIGATE RESIDENCE is a freehold condominium at RANGOON ROAD in District 8 (RCR), developed by SPRINGLIFE CAPITAL PTE LTD, comprising 28 units, completed in 2011.
Location & Connectivity
CITIGATE RESIDENCE is approximately 480m from Farrer Park MRT station, with 8 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Farrer Park | North-East Line | 480m |
| Boon Keng | North-East Line | 980m |
| Bendemeer | Downtown Line | 1.1 km |
| Novena | North-South Line | 1.1 km |
| Little India | North-East Line | 1.2 km |
| Little India | Downtown Line | 1.2 km |
Schools & Education
18 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Farrer Park Primary School | Primary | 500m |
| CHIJ Our Lady Queen of Peace | Primary | 540m |
| St. Margaret's Secondary School | Secondary | 1.1 km |
| St. Margaret's Primary School | Primary | 1.2 km |
| LASALLE College of the Arts | Tertiary | 1.2 km |
| Bendemeer Primary School | Primary | 1.2 km |
| Bendemeer Secondary School | Secondary | 1.3 km |
| St. Andrew's Secondary School | Secondary | 1.3 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 4 | $1,379 psf | $767,500 |
| 2 BR | 2 | $1,459 psf | $1,099,000 |
| 3 BR | 2 | $1,324 psf | $1,487,500 |
Market Position
CITIGATE RESIDENCE has recorded 8 sales at an average price of $1,030,375.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at CITIGATE RESIDENCE typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 1 BR | $2,795/mo | $767,500 | 4.37% |
| 2 BR | $3,318/mo | $1,099,000 | 3.62% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 2 | $1,166 psf | — |
| 2022 | 2 | $1,405 psf | ↑ 20.5% |
| 2023 | 1 | $1,455 psf | ↑ 3.6% |
| 2024 | 2 | $1,472 psf | ↑ 1.2% |
| 2026 | 1 | $1,540 psf | ↑ 4.6% |
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The latest reading marks the highest point in this series — CITIGATE RESIDENCE prices have climbed 32.1% since 2021.
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PICCADILLY GRAND | 99 yrs lease commencing from 2021 | $2,171 psf | 431 |
| CITYLIGHTS | 99 yrs lease commencing from 2004 | $1,773 psf | 137 |
| 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 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 28-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 single professionals, mrt-walkable commuters, long-term hold (10+ yr) and freehold / generational hold best. Smaller-format units and RCR (Rest of Central Region) location suit solo buyers with a CBD-oriented career.
It is a weaker fit for short-term flippers (<5 yr) — other options likely serve them better. TOP 2011 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
CITIGATE RESIDENCE is a freehold development in District 8 (RCR), with 28 units, offering a gross yield of 3.4%.
At ~$1,540 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full CITIGATE RESIDENCE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CITIGATE RESIDENCE against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (130m away), an upgrader gap of about $150,000
- Central Area — 4-room average $1,088,814 (830m away)
- Toa Payoh — 4-room average $929,793 (1.5 km away), an upgrader gap of about $100,000
FAQ
What is the average PSF for CITIGATE RESIDENCE?
Is CITIGATE RESIDENCE freehold?
What is the rental yield for CITIGATE RESIDENCE?
Which MRT is nearest to CITIGATE RESIDENCE?
Sources & Next Steps
- CITIGATE RESIDENCE Dashboard — Live charts and analytics
- URA REALIS — 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: 8 transactions
- Rental data: 74 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Feb 2026 · 8 records analysed · Source: URA private-sale caveats