Overview & Key Facts
CITY STUDIOS is a freehold condominium at RACE COURSE LANE in District 8 (RCR), developed by SUCCESS CENTURY INVESTMENT PTE LTD, comprising 25 units, completed in 2010.
Location & Connectivity
CITY STUDIOS is approximately 300m from Farrer Park MRT station, with 15 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Farrer Park | North-East Line | 300m |
| Little India | North-East Line | 570m |
| Little India | Downtown Line | 570m |
| Jalan Besar | Downtown Line | 610m |
| Rochor | Downtown Line | 730m |
| Bugis | East-West Line | 1.1 km |
Schools & Education
16 schools within 2 km (6 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| LASALLE College of the Arts | Tertiary | 430m |
| Farrer Park Primary School | Primary | 530m |
| St. Andrew's Secondary School | Secondary | 880m |
| St. Andrew's Junior College | Jc | 880m |
| St. Andrew's Junior School | Primary | 920m |
| St. Margaret's Secondary School | Secondary | 990m |
| CHIJ Our Lady Queen of Peace | Primary | 1.1 km |
| St. Margaret's Primary School | Primary | 1.1 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 2 | $1,408 psf | $682,500 |
| 1 BR | 1 | $1,249 psf | $820,000 |
| 3 BR | 2 | $1,194 psf | $1,365,000 |
Market Position
CITY STUDIOS has recorded 5 sales at an average price of $983,000.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 1 | $1,249 psf | — |
| 2022 | 1 | $1,383 psf | ↑ 10.7% |
| 2023 | 1 | $1,434 psf | ↑ 3.7% |
| 2025 | 1 | $1,398 psf | ↓ 2.5% |
| 2026 | 1 | $990 psf | ↓ 29.2% |
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CITY STUDIOS prices have cooled 31.0% from the 2023 peak, yet remain 20.7% below where the series began in 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
- Only 1 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 25 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: mrt-walkable commuters, yield-focused investors, freehold / generational hold and first-time hdb upgraders. Located ~299m from Farrer Park MRT, this property is a comfortable daily walk for transit commuters.
multi-generational families and long-term hold (10+ yr) should probably look elsewhere. Larger unit configurations or dual-key layouts make this viable for 3-generation households.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
CITY STUDIOS is a freehold development in District 8 (RCR), with 25 units, offering a gross yield of 3.8%.
At ~$1,194 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full CITY STUDIOS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CITY STUDIOS against staying public? These HDB towns sit within walking or short-drive distance:
- Central Area — 4-room average $1,088,814 (110m away)
- Kallang/whampoa — 4-room average $882,887 (160m away), an upgrader gap of about $100,000
FAQ
What is the average PSF for CITY STUDIOS?
Is CITY STUDIOS freehold?
What is the rental yield for CITY STUDIOS?
Which MRT is nearest to CITY STUDIOS?
Sources & Next Steps
- CITY STUDIOS 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: 5 transactions
- Rental data: 66 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2026 · 5 records analysed · Source: URA private-sale caveats