FARRER PARK SUITES Review

Condo Review 5 min read Last reviewed
District 8 · Freehold · Completed 2011
~$1,291Avg PSF (12-month)
29Total units
Category Ratings
Walkability
7.8
Investment
5.6
En-Bloc Potential
4.5
ShiokNest Score
6.0

Overview & Key Facts

FARRER PARK SUITES is a freehold condominium at OWEN ROAD in District 8 (RCR), developed by SIONG HENG REALTY PTE LTD, comprising 29 units, completed in 2011.

Developer
SIONG HENG REALTY PTE LTD
Tenure
Freehold
Total units
29
TOP year
2011
District
8 — RCR
Street
OWEN ROAD

Location & Connectivity

FARRER PARK SUITES is approximately 120m from Farrer Park MRT station, with 11 stations within 1.5 km.

MRT stations near FARRER PARK SUITES
StationLineDistance
Farrer ParkNorth-East Line120m
Little IndiaNorth-East Line900m
Little IndiaDowntown Line900m
Jalan BesarDowntown Line910m
BendemeerDowntown Line1 km
RochorDowntown Line1.1 km

Schools & Education

17 schools within 2 km (5 within 1 km priority zone).

Schools near FARRER PARK SUITES
SchoolTypeDistance
Farrer Park Primary SchoolPrimary300m
CHIJ Our Lady Queen of PeacePrimary800m
LASALLE College of the ArtsTertiary800m
St. Andrew's Secondary SchoolSecondary990m
St. Andrew's Junior CollegeJc990m
St. Margaret's Secondary SchoolSecondary1 km
St. Andrew's Junior SchoolPrimary1 km
St. Margaret's Primary SchoolPrimary1.1 km

Unit Mix & Pricing

Unit mix for FARRER PARK SUITES
TypeSalesAvg PSFAvg Price
Studio2$1,680 psf$674,000
1 BR1$1,436 psf$850,000
2 BR1$1,291 psf$1,070,000

Market Position

FARRER PARK SUITES has recorded 4 sales at an average price of $817,000.

FARRER PARK SUITES sits at the 65th percentile of District 8 condo PSF.
$1,291 psf
Avg PSF (12mo)
$817,000
Avg Price
4.0%
Gross Yield
4
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at FARRER PARK SUITES typically rent harder per dollar of purchase price:

Per-bedroom gross yield at FARRER PARK SUITES
TypeAvg RentAvg PriceGross Yield
0 BR$2,574/mo$674,0004.58%
1 BR$3,044/mo$850,0004.30%

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Price Appreciation

PSF trend for FARRER PARK SUITES
YearSalesAvg PSFYoY
20222$1,484 psf
20241$1,826 psf↑ 23.0%
20251$1,291 psf↓ 29.3%

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FARRER PARK SUITES prices have cooled 29.3% from the 2024 peak, yet remain 13.0% below where the series began in 2022.


Neighbourhood Comparison

District 8 competitors
CondoTenureAvg PSFSales
PICCADILLY GRAND99 yrs lease commencing from 2021$2,171 psf431
CITYLIGHTS99 yrs lease commencing from 2004$1,773 psf137
CITY SQUARE RESIDENCESFreehold$1,897 psf116
STURDEE RESIDENCES99 yrs lease commencing from 2015$1,999 psf107
KERRISDALE99 yrs lease commencing from 1998$1,400 psf92

What Could Work Against You

  • Only 0 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 29 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

The profile fits mrt-walkable commuters, p1 school balloting families, yield-focused investors and long-term hold (10+ yr) best. Located ~120m from Farrer Park MRT, this property is a comfortable daily walk for transit commuters.

single professionals should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

FARRER PARK SUITES is a freehold development in District 8 (RCR), with 29 units, offering a gross yield of 4.0%.

At ~$1,291 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full FARRER PARK SUITES dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing FARRER PARK SUITES against staying public? These HDB towns sit within walking or short-drive distance:

FAQ

What is the average PSF for FARRER PARK SUITES?
The 12-month average is approximately $1,291 psf.
Is FARRER PARK SUITES freehold?
Yes, FARRER PARK SUITES is a freehold property.
What is the rental yield for FARRER PARK SUITES?
The estimated gross yield is 4.0%.
Which MRT is nearest to FARRER PARK SUITES?
The nearest is Farrer Park MRT at 120m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 4 transactions
  • Rental data: 50 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of May 2025

Latest recorded data point: May 2025 · 4 records analysed · Source: URA private-sale caveats

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