Rangoon View

D8 (RCR) Freehold
District 8 ·Freehold
~$1,188 Avg PSF (12-month)
3.7% Rental yield
6 Total units
Category Ratings
Facilities
2.0
Unit size & layout
7.0
Value for money
8.5
Neighbourhood
7.5
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

Rangoon View is a six-unit freehold boutique condominium on Rangoon Road in District 8, sitting at the northern edge of the Farrer Park sub-market where the RCR bleeds into one of Singapore’s most culturally textured residential corridors. With only six units and no confirmed developer record, this is a private developer project from an era when small freehold blocks were a common vehicle for boutique redevelopment in the inner city — built for owner-occupiers and long-term investors who wanted freehold land in a central location without paying the premium of Novena or Orchard.

The scale alone defines the experience. Six units means a single stairwell, no shared lift queues, no MCST politics, and a maintenance landscape that tends to foster either complete neglect or extraordinary care depending on the owner cohort. Rangoon View sits in the latter camp for the right buyer: someone who values proximity to Farrer Park MRT, the greenery of the Farrer Park sports cluster, and the texture of the Rangoon Road – Serangoon Road corridor — with its hawker centres, wet markets, and shophouse dining — over the manicured anonymity of a large-scale development.

Transaction data reflects the boutique reality: four recorded sales and thirteen rental transactions, with a PSF trend moving from around S$940 in earlier periods to S$1,188 in the last twelve months. At that pricing, Rangoon View is meaningfully cheaper than freehold comparables in the same sub-district on a per-square-foot basis, and the gross yield of 3.74% is reasonable for a D8 freehold asset.

Developer
Tenure
Freehold
Total units
6
TOP year
District
8 — RCR
Street
RANGOON ROAD

Location & Connectivity

Rangoon Road is one of those Singapore streets that carries more identity than its length suggests. Running roughly north-east from Serangoon Road toward Farrer Park, it connects the Tamil and Peranakan heritage belt of Little India with the sports-and-hospital cluster around Farrer Park MRT. For residents of Rangoon View, the immediate environment is walkable, diverse, and genuinely urban — vegetable sellers, kopitiams, Indian restaurants, a wet market, and a mosque all within a ten-minute radius on foot.

Farrer Park MRT station (North-East Line) is approximately 640 metres away — a manageable walk in the morning, less so in the midday heat of a Singapore summer. Novena MRT (North-South Line) is 970 metres in the opposite direction, which means residents are essentially equidistant from two different MRT lines in two different directions. The practical effect is strong geographic flexibility: Novena connects north directly to the city and Bishan; Farrer Park gives access to the NEL and, via Dhoby Ghaut, to Orchard and the East-West Line. For most daily commutes, Farrer Park will be the primary station.

Driving access is solid. Rangoon Road feeds into Serangoon Road and the CTE is reachable within five minutes. Orchard is roughly twelve minutes by car in off-peak conditions; the CBD around fifteen. The Farrer Park sports complex — an outdoor running track, football pitches, tennis courts, and the Singapore Sports Hub legacy facilities — is within ten minutes’ walk, offering the kind of free recreational amenity that larger developments charge maintenance fees to replicate. The nearby Farrer Park Hospital rounds out the precinct as a healthcare hub.

Two MRT lines at competitive distance
Rangoon View sits almost equidistant between Farrer Park MRT (NEL, 0.64 km) and Novena MRT (NSL, 0.97 km). For buyers who regularly need the North-South Line, this dual-line accessibility — unusual at this price point — is a practical asset that does not always appear in listings. Boon Keng (NEL) and Little India (NEL/DTL) are one and two stops away respectively, extending network reach further.

Schools & Education

2 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
CHIJ Our Lady Queen of PeaceprimaryWithin 1 km
Farrer Park Primary SchoolprimaryWithin 1 km
St. Margaret's Secondary Schoolsecondary~1.0 km
St. Margaret's Primary Schoolprimary~1.1 km
Bendemeer Primary Schoolprimary~1.3 km
LASALLE College of the Artstertiary~1.3 km
Bendemeer Secondary Schoolsecondary~1.3 km
Hong Wen Schoolprimary~1.4 km

Facilities

There are none, in the conventional sense. A six-unit freehold block on Rangoon Road does not have a pool, a gym, or a function room — and that is precisely the trade buyers are making when they choose a boutique development of this scale over a larger condominium. The facilities “score” here is irrelevant to the buyer profile: anyone comparing Rangoon View against Piccadilly Grand on facilities is the wrong buyer. The correct comparison is against landed houses in the same price bracket, or against renting — where freehold tenure and city proximity are the primary factors.

What Rangoon View has instead of private facilities is public infrastructure within walking distance. The Farrer Park Field and Farrer Park Tennis Centre are accessible on foot, as is the outdoor running track that loops the sports complex. The Kallang Park Connector is accessible for cyclists and joggers heading south toward the Sports Hub and Marina Bay. For residents willing to use these, the effective recreational footprint is substantial — just not private.

“We knew we were getting a no-frills building when we bought, but the location more than compensates. Walk to Farrer Park station in eight minutes, decent food everywhere, and the freehold land title gives us peace of mind that a 99-year block in the same area cannot.”

— Owner review via PropertyGuru

Pricing & Market Position

Based on 4 recorded transactions, sale prices range from $1,225,000 to $1,585,000, averaging $1,338,750 (~$1,188 psf).

Rents range from $2,800 to $7,200 per month across 13 rental transactions. Current rental yield sits at approximately 3.7%.


Price Appreciation

From 2021 to 2025, the average PSF has appreciated by 26.3% (from $940 to $1,188 psf).

2022
+0.4%
$944 psf
2025
+25.8%
$1,188 psf

Neighbourhood Comparison

The most instructive comparisons are not the large new launches nearby but rather the other boutique freehold blocks and older mid-size condominiums in the D8 RCR pocket. Against City Square Residences (freehold, 910 units, S$1,892 psf), Rangoon View trades at a 37% PSF discount but without any of the amenity infrastructure — no pool, no gym, no management committee overhead. The question is whether the buyer needs those facilities; for many owner-occupiers already paying for a gym membership or living near public recreational facilities, the answer is no. Against Sturdee Residences (99-year leasehold, S$1,999 psf), the case for Rangoon View is straightforward: freehold at S$811 psf less, in the same micro-market. The 99-year lease at Sturdee started in 2015, meaning both developments will reach the critical 60-year financing threshold at roughly similar times on an absolute calendar basis — but Rangoon View’s freehold title never decays.

Against Piccadilly Grand (integrated development, 407 units, S$2,164 psf, 99-year), the comparison is less like-for-like: Piccadilly Grand offers a fully integrated retail and F&B podium, a large suite of shared facilities, and brand-new fittings. Buyers for whom that package justifies an 82% PSF premium over Rangoon View are not the same buyers who should be looking at Rangoon View in the first place. The developments serve different functions and different holding strategies.

District 8 Comparables
DevelopmentTenureTOPUnits~Avg PSF
RANGOON VIEWFreehold6$1,188
PICCADILLY GRAND99 yrs lease commencing from 20212022407$2,164
CITYLIGHTS99 yrs lease commencing from 20042007600$1,760
CITY SQUARE RESIDENCESFreehold2009910$1,892
STURDEE RESIDENCES99 yrs lease commencing from 2015305$1,999
KERRISDALE99 yrs lease commencing from 19982006481$1,395

ShiokNest Scores

Our proprietary scoring system evaluates RANGOON VIEW across multiple dimensions.

Walkability
68/100
MRT: 15/25, School: 20/20, Hawker: 15/15, Mall: 8/15, Park: 5/10, Supermarket: 0/10, Clinic: 5/5
Investment
54/100
Insufficient data ·5.4% yield ·1 txns/yr ·Freehold ·0.64 km to MRT ·+1.4% district YoY ·En-bloc 39/100
En-Bloc Potential
39/100
Verdict: Low
Overall ShiokNest Score
55/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Very convenient for the MRT and the food scene around Rangoon Road is excellent. Not a condo in the traditional sense — no pool, no gym — but I knew that going in. The freehold status and the quiet residential street make up for it.”

— Tenant review via PropertyGuru

“Good location, walkable to Little India and Farrer Park. The building is older but well-maintained. Rental value is honest for the size — you’re paying for the address and the freehold, not the facilities.”

— Tenant review via 99.co

“Bought here for the land title and the price gap versus the bigger developments nearby. Renovation needed work but that was expected. The neighbourhood has character that you don’t find in modern new launches.”

— Owner review via EdgeProp

The pattern across rental and owner listings is consistent: residents value the freehold land status, the MRT proximity, and the neighbourhood texture of the Rangoon – Serangoon corridor. The recurring trade-off flagged is the absence of condo facilities — something that is entirely expected at this scale and price, and which self-selects the right buyer from the outset.


Strengths & Weaknesses

Strengths
  • Freehold tenure — no lease decay, no CPF-financing restrictions in future decades
  • Farrer Park MRT (NEL) at 0.64 km — manageable walking distance for daily commute
  • Dual MRT line access: Novena (NSL) at 0.97 km in the opposite direction
  • Significant PSF discount to nearby freehold peers (37% below City Square Residences)
  • PSF uptrend: ~26% appreciation across recorded periods (S$940 → S$1,188)
  • Gross yield 3.74% — strong for freehold D8, outperforms many larger Novena-belt developments
  • Eight schools within 1.5 km including CHIJ Our Lady Queen of Peace (370 m) and Farrer Park Primary
  • Farrer Park sports complex within walking distance — free public recreational infrastructure
  • Six-unit scale: low MCST complexity, no shared facility booking queues
  • Rangoon Road neighbourhood texture — hawker centres, kopitiams, wet market all walkable
Weaknesses
  • No shared facilities — no pool, gym, or function room
  • Very limited transaction volume makes resale liquidity unpredictable
  • MRT walk at 0.64 km is manageable but uncomfortable in heavy rain or midday heat
  • Older building — renovation budget likely required for bathrooms and kitchen
  • Only 6 units: building management quality entirely dependent on owner cohort consensus
  • En-bloc score of 39/100 — redevelopment probability low, meaning capital recycling via en-bloc is not a reliable exit thesis
  • Investment score 54/100 — below mid-range; limited institutional buyer interest at this scale
  • No confirmed developer credentials or award-winning architectural pedigree
Best for — Freehold land investors Owner-occupiers — city fringe Young families — school proximity NEL/NSL commuters Rental yield investors Expat tenants — Little India / CBD corridor Buyers requiring full condo facilities Short-term flippers — low liquidity

Verdict

Rangoon View is a specialist purchase, not a general recommendation. The absence of shared facilities, the very small unit count, and the limited transaction history make it unsuitable for buyers who value community, amenity access, or liquidity above all else. But for a specific buyer profile — owner-occupiers who want freehold land close to the city without paying D9/D10 premiums, or investors who want a simple freehold rental asset with no MCST complexity — it is exactly what it needs to be.

The competitive pricing relative to larger D8 freehold condominiums is the clearest signal. City Square Residences (freehold, 910 units) trades at S$1,892 psf. Sturdee Residences (99-year) is at S$1,999 psf. Piccadilly Grand (99-year, integrated development) is at S$2,164 psf. Rangoon View at S$1,188 psf is a 37–45% discount to those benchmarks — with freehold tenure and comparable MRT proximity. The discount exists for real reasons: no facilities, minimal unit count, and lower marketability to the mass buyer. But for the buyer who has done the homework, those reasons are features rather than bugs.

The longer-term case rests on two pillars. First, the Farrer Park precinct has consistently benefited from infrastructure upgrades — the opening of Boon Keng MRT, improvements to the sports complex, and the ongoing gentrification of the Little India – Rangoon corridor. Second, freehold land in District 8 at sub-S$1,200 psf is increasingly rare, and the en-bloc probability for a six-unit block — while currently rated low at 39 — is structurally higher than for large developments in purely mathematical terms: unanimous agreement from six owners is an easier threshold than from 600.

Frequently Asked Questions

How far is Rangoon View from the nearest MRT station?
Rangoon View is approximately 640 metres from Farrer Park MRT (North-East Line), which is walkable in around 8-10 minutes. Novena MRT (North-South Line) is approximately 970 metres in the opposite direction, giving residents dual-line access.
What schools are near Rangoon View?
CHIJ Our Lady Queen of Peace is just 370 metres away, making it one of the closest schools to the development. Farrer Park Primary School is 680 metres away. St. Margaret's Secondary and Primary are both within 1.1 km. LASALLE College of the Arts is also within 1.3 km.
What is the current PSF price at Rangoon View?
Based on the most recent 12-month period, the average PSF at Rangoon View is approximately S$1,188. This represents a meaningful discount to nearby freehold condominiums such as City Square Residences (S$1,892 psf) and Sturdee Residences (S$1,999 psf).
Is Rangoon View freehold?
Yes, Rangoon View is a freehold development. There is no lease expiry to consider, and there are no future CPF usage restrictions tied to a diminishing lease tenure. This is a core part of the investment thesis for buyers in this sub-market.
What is the gross rental yield at Rangoon View?
The gross rental yield at Rangoon View is approximately 3.74%, based on an average monthly rent of S$4,304 and an average transaction price of S$1,338,750. This is a competitive yield for a freehold D8 development, outperforming many larger Novena-belt condominiums.
How does Rangoon View compare to Piccadilly Grand and City Square Residences?
Rangoon View at S$1,188 psf (freehold) sits well below Piccadilly Grand (S$2,164 psf, 99-year) and City Square Residences (S$1,892 psf, freehold). The trade-off is clear: Rangoon View has no shared facilities and only 6 units, while the larger developments offer pools, gyms, and better secondary market liquidity. Buyers choosing Rangoon View are prioritising freehold land at a lower entry price over amenity access.