HomeRentApartment Whole Unit1RMD08 - Farrer Park / Serangoon Rd1 Bed Apartment (Condo) for Rent in 28 RC Suites / 28 Rc Suites

1 Bed Apartment (Condo) for Rent in 28 RC Suites / 28 Rc Suites

28 Race Course Lane 218746, Farrer Park, Central Region, Singapore

$3,000 /month

Added 4 months ago
Beds: 1Baths: 1Area: 431 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDQLjBSo7bLoumwdWYGimGCD
PriceS$3,000
StatusFor rent
Beds1
Baths1
Built Area431 sqft
PSF
S$7
Year Built2017
Furnished StatusUnknown

Description

Features & Amenities
Parking
Pool deck
Rooftop pool
Gym

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

Location

28 Race Course Lane 218746, Farrer Park, Central Region, Singapore

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Total Transactions

12

Average Price

S791K

Total Value

S9.5M

Sales Timeline

Property Value Estimate

Estimated sale value based on 444 URA transactions · 69 outliers removed (IQR)

Fair Value

S$703,487

S$1,632 psf

Asking Price

S$3,000

S$7 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

90 yrs

99-year Leasehold · Balance remaining

Confidence

High

444 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Farrer Park

338m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

444 comparable transactions

S$2,109

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.751

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,632

Recent Comparable Transactions

10 shown · 444 total
Last Done

RACE COURSE ROAD

Aug 2025 · Floor 01-05

S$1,768 psf

+8.3% vs FV

420 sqftS$742,000Freehold

RACE COURSE ROAD

Aug 2025 · Floor 01-05

S$1,768 psf

+8.3% vs FV

420 sqftS$742,000Freehold

PERUMAL ROAD

Jun 2025 · Floor 16-20

S$2,090 psf

+28.1% vs FV

538 sqftS$1,125,00099 yrs lease commencing from 2017

PERUMAL ROAD

Jun 2025 · Floor 11-15

S$2,092 psf

+28.2% vs FV

517 sqftS$1,080,88899 yrs lease commencing from 2017

PERUMAL ROAD

Apr 2025 · Floor 16-20

S$2,063 psf

+26.4% vs FV

732 sqftS$1,510,00099 yrs lease commencing from 2017

RANGOON ROAD

Mar 2025 · Floor 01-05

S$1,668 psf

+2.2% vs FV

474 sqftS$790,000Freehold

PERUMAL ROAD

Feb 2025 · Floor 11-15

S$2,135 psf

+30.8% vs FV

538 sqftS$1,148,88899 yrs lease commencing from 2017

RACE COURSE ROAD

Jan 2025 · Floor 01-05

S$1,659 psf

+1.7% vs FV

452 sqftS$750,000Freehold

RACE COURSE LANE

Dec 2024 · Floor 06-10

S$1,754 psf

+7.5% vs FV

431 sqftS$755,000Freehold

PERUMAL ROAD

Nov 2024 · Floor 11-15

S$1,943 psf

+19.1% vs FV

1,184 sqftS$2,300,00099 yrs lease commencing from 2017

PERUMAL ROAD

Oct 2024 · Floor 16-20

S$2,109 psf

+29.2% vs FV

538 sqftS$1,135,00099 yrs lease commencing from 2017
Below Fair Value
Above Fair Value
FV: S$1,632 psf

HELIOS AI Analysis

Based on 444 URA transactions (69 outliers removed), adjusted for: Tenure decay (24.9% discount); MRT Farrer Park 338m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Joji Lin

Joji Lin

PROPNEX REALTY PTE. LTD.

CEA: L3008022J

+65 9099 xxxx
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