Overview & Key Facts
SUITES @ OWEN is a freehold condominium at OWEN ROAD in District 8 (RCR), developed by MACLY PTE LTD, comprising 20 units, completed in 2011.
Location & Connectivity
SUITES @ OWEN is approximately 120m from Farrer Park MRT station, with 11 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Farrer Park | North-East Line | 120m |
| Little India | North-East Line | 900m |
| Little India | Downtown Line | 900m |
| Jalan Besar | Downtown Line | 910m |
| Bendemeer | Downtown Line | 1 km |
| Rochor | Downtown Line | 1.1 km |
Schools & Education
17 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Farrer Park Primary School | Primary | 300m |
| CHIJ Our Lady Queen of Peace | Primary | 800m |
| LASALLE College of the Arts | Tertiary | 800m |
| St. Andrew's Secondary School | Secondary | 990m |
| St. Andrew's Junior College | Jc | 990m |
| St. Margaret's Secondary School | Secondary | 1 km |
| St. Andrew's Junior School | Primary | 1 km |
| St. Margaret's Primary School | Primary | 1.1 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 1 | $1,639 psf | $600,000 |
| 1 BR | 2 | $1,520 psf | $862,944 |
| 2 BR | 1 | $1,546 psf | $1,265,000 |
| 3 BR | 1 | $1,239 psf | $1,280,000 |
Market Position
SUITES @ OWEN has recorded 5 sales at an average price of $974,178.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at SUITES @ OWEN typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 1 BR | $2,623/mo | $862,944 | 3.65% |
| 2 BR | $3,406/mo | $1,265,000 | 3.23% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 2 | $1,439 psf | — |
| 2023 | 1 | $1,442 psf | ↑ 0.2% |
| 2025 | 2 | $1,572 psf | ↑ 9.1% |
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The latest reading marks the highest point in this series — SUITES @ OWEN prices have climbed 9.3% 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 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 20-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
Buyers most likely to be happy here: mrt-walkable commuters, freehold / generational hold and boutique low-density (<100 units). MRT proximity is the standout commute feature for daily transit users.
For long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.
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
SUITES @ OWEN is a freehold development in District 8 (RCR), with 20 units, offering a gross yield of 3.4%.
At ~$1,572 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full SUITES @ OWEN dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing SUITES @ OWEN against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (170m away), an upgrader gap of about $100,000
- Central Area — 4-room average $1,088,814 (470m away)
- Toa Payoh — 4-room average $929,793 (1.9 km away), an upgrader gap of about $50,000
FAQ
What is the average PSF for SUITES @ OWEN?
Is SUITES @ OWEN freehold?
What is the rental yield for SUITES @ OWEN?
Which MRT is nearest to SUITES @ OWEN?
Sources & Next Steps
- SUITES @ OWEN 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: 61 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2025 · 5 records analysed · Source: URA private-sale caveats