City Loft

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,660 psf
Range
S$ 1,435 - 2,106 psf

Rental Price **

Average
S$ 7.9 psf pm
Range
S$ 6.9 - 9.1 psf pm

Rental Yield **

5.7%

Rental income expressed as a percentage of the property's value.

Amenities

3.8
3.8

Convenience

4.2
4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
City Loft is a freehold apartment completed in 2012. It is developed by ASCEND CAPITAL PTE LTD. The development occupies a land area of 538 sqm and a Gross Floor Area of 1,613 sqm. It consists of 40 units. According to records, buyers of this development are Singaporean 75.3%, PR 19.8%, Foreigner 4.9%, Company 0.0%.

CITY LOFT is located along Race Course Road in Kallang, in District 8. It is accessible through the nearest MRTs including Farrer Park NE8 and Bendemeer DT23.

Based on transaction data in the last 12 months, sale prices range from S$ 1,435 psf to S$ 2,106 psf at an average of S$ 1,660 psf. Its highest recorded transaction was S$ 2,106 psf in Sep 2023 for a 323-sqft unit. Its lowest recorded transaction was S$ 880 psf in Nov 2009 for a 904-sqft unit. Its current rental yield is at 5.7%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, PAN PACIFIC INTERNATIONAL HOLDINGS PTE. LTD., MUSTAFA HOLDINGS PTE LTD, and 3 Shopping Mall(s): CITY SQUARE MALL, EMINENT PLAZA, SERANGOON PLAZA.

Buyers and tenants are attracted to District 8, which includes Farrer Park, Little India and the area around Serangoon Road. A large proportion of Little India and Farrer Park’s properties are shophouses zoned as commercial/residential, with commercial on the ground floor and homes or apartments above. The area around Serangoon MRT is particularly well served by public transport as Serangoon MRT is an interchange between the Circle Line and North-East Line, and it is also connected to the Serangoon Bus Interchange. Additionally, Little India MRT has links to both the North-East Line and Downtown Line. The large numbers of shophouses in District 8 offers a quaint and unique boutique experience to discerning shoppers looking for a break from the generic, sprawling malls. The district's shophouses are becoming increasingly popular as investment properties, too, especially to investors looking to benefit from their relative scarcity in Singapore and their proximity to the Downtown Core.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
Live Here? Tell us more
Write a review
2
"Mins walk to Farrer MRT and Mall, what I like about this project is the tranquillity. Very quiet! Different unit has its own different layout especially one bedroom. Theres one pool and gym. Maintenance is less than $300 / month."
L**** L** P******
Google Review     |   12 Apr 2022
2
"The second star is added only because of the convenient location and after all because of a fair price of the rent. If you are used to live in a hostel and overlook the noise of the surroundings, then you can cope with the loud environment. This small condo is surrounded by 4 different temples and 1 waste collection point, giving you a wake up early in the morning and shaking during the rest of the day. Not a problem if during weekdays, after all we have a business to run.. but weekend Forget about resting. Here everything is small, including the walls that can let you hear sneezing 2 storeys up or the loud digestion of your neighbors. Finally, this is the first condo in Singapore where I noticed mosquitos coming inside my unit from the window, it may make you worried during dengue fever time."
C**** M*******
Google Review     |   26 May 2020
4
"Condominium 1RK, attached washroom. Swimming and gym facilities.At the centre of the ferrar park area. Near to Ferrar Park MRT. Groceries and all daily need are convenient.a"
A*** K******
Google Review     |   06 May 2020
5
"Comfort place"
D*** S***
Google Review     |   27 Sep 2018
5
"Beautiful loft appartments. Very close to Farrer Park MRT and city centre"
J***** A*****
Google Review     |   10 Aug 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
363
2
1

CITY LOFT - 363 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of CITY LOFT (Limited to 10)

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of CITY LOFT

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of CITY LOFT

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$700,000
  • 32% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D8
  • 2012
  • Freehold
  • S$ 1,910 psf
  • Race Course Road
Jenn Loh
send_enquiry
thumb-images
10
$750,000
  • 32% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D8
  • 2012
  • Freehold
  • S$ 2,110 psf
  • Race Course Road
Mohana Vel T Kasi
send_enquiry
thumb-images
10
$788,000
  • 32% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D8
  • 2012
  • Freehold
  • S$ 2,220 psf
  • Race Course Road
Pedro Chuang
send_enquiry
thumb-images
10
$690,000
  • 32% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D8
  • 2012
  • Freehold
  • S$ 2,140 psf
  • Race Course Road
Sharon Wong
send_enquiry
thumb-images
4
$700,000
  • 32% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D8
  • 2012
  • Freehold
  • S$ 1,910 psf
  • Race Course Road
Ray Lee
send_enquiry
thumb-images
10
$690,000
  • 32% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D8
  • 2012
  • Freehold
  • S$ 2,140 psf
  • Race Course Road
Pei
send_enquiry
thumb-images
10
$690,000
  • 32% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D8
  • 2012
  • Freehold
  • S$ 2,140 psf
  • Race Course Road
Lincoln Yeaf
send_enquiry
thumb-images
10
$690,000
  • 32% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D8
  • 2012
  • Freehold
  • S$ 2,140 psf
  • Race Course Road
Wimal Woodward Amarasuriya
send_enquiry
thumb-images
10
$690,000
  • 32% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D8
  • 2012
  • Freehold
  • S$ 2,140 psf
  • Race Course Road
Stanley Chng
send_enquiry

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Property News

BELOW $1 MILLION: Freehold one-bedder in Farrer Park

Property News

BELOW $1 MILLION: Freehold two-bedder in Farrer Park

FAQs about CITY LOFT

What is the nearest MRT Station to CITY LOFT ?
The nearest MRT Station from CITY LOFT is Farrer Park NE8 MRT

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