Overview & Key Facts
CRAIG PLACE is a 99 yrs lease commencing from 1997 condominium at CRAIG ROAD in District 2 (RCR), developed by GUTHRIE PROPERTIES INVESTMENTS (S) PTE LTD & ASIA LIFE ASSURANCE SOCIETY LTD, comprising 58 units, completed in 2003.
Location & Connectivity
CRAIG PLACE is approximately 350m from Maxwell MRT station, with 19 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Maxwell | Thomson-East Coast Line | 350m |
| Outram Park | East-West Line | 430m |
| Outram Park | North-East Line | 430m |
| Outram Park | Thomson-East Coast Line | 430m |
| Tanjong Pagar | East-West Line | 510m |
| Shenton Way | Thomson-East Coast Line | 640m |
Schools & Education
3 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Cantonment Primary School | Primary | 940m |
| Outram Secondary School | Secondary | 980m |
| Fairfield Methodist School (Primary) | Primary | 1.8 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 7 | $1,968 psf | $1,136,400 |
| 2 BR | 5 | $1,867 psf | $1,422,000 |
| 3 BR | 1 | $1,149 psf | $1,150,000 |
Market Position
CRAIG PLACE has recorded 13 sales at an average price of $1,247,292.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at CRAIG PLACE typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 1 BR | $3,679/mo | $1,136,400 | 3.88% |
| 2 BR | $4,285/mo | $1,422,000 | 3.62% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 2 | $1,483 psf | — |
| 2022 | 3 | $1,757 psf | ↑ 18.5% |
| 2023 | 2 | $2,193 psf | ↑ 24.8% |
| 2024 | 4 | $1,896 psf | ↓ 13.5% |
| 2025 | 2 | $2,026 psf | ↑ 6.9% |
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From the 2023 high, CRAIG PLACE prices have given back 7.6% — still 36.6% above the 2021 baseline. The most recent period recovered 6.9%, so the pullback may be finding a floor.
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| ONE BERNAM | 99 yrs lease commencing from 2019 | $2,588 psf | 358 |
| NEWPORT RESIDENCES | Freehold | $3,130 psf | 198 |
| ICON | 99 yrs lease commencing from 2002 | $1,792 psf | 147 |
| SKYSUITES@ANSON | 99 yrs lease commencing from 2008 | $2,232 psf | 100 |
| SKY EVERTON | Freehold | $2,800 psf | 75 |
Lease Analysis
With 70 years remaining on its 99-year lease, CRAIG PLACE still qualifies for full bank financing and CPF usage.
What Could Work Against You
- The remaining lease of roughly 70 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
- With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 58-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), mrt-walkable commuters, cbd walking distance and yield-focused investors best. The unit profile suits DINK couples valuing CBD/MRT access over square footage.
It is a weaker fit for families with young children and resort facilities — other options likely serve them better. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
Verdict
CRAIG PLACE is a 99 yrs lease commencing from 1997 development in District 2 (RCR), with 58 units, offering a gross yield of 3.7%.
At ~$2,026 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full CRAIG PLACE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CRAIG PLACE against staying public? These HDB towns sit within walking or short-drive distance:
- Central Area — 4-room average $1,088,814 (100m away), an upgrader gap of about $150,000
- Bukit Merah — 4-room average $894,787 (250m away), an upgrader gap of about $350,000
FAQ
What is the average PSF for CRAIG PLACE?
Is CRAIG PLACE freehold?
What is the rental yield for CRAIG PLACE?
Which MRT is nearest to CRAIG PLACE?
Sources & Next Steps
- CRAIG PLACE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 2 (Anson, Tanjong Pagar) — District 2 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: 127 leases
- Source: URA REALIS
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