28 Race Course Lane 218746, Farrer Park, Central Region, Singapore
$3,500 /month
28RC SUITES @ CITY FRINGE • Suitable for single or couple . Available from April • Within walking distance to Farrer Park & Little India MRT Stations • 4 mins walk to City Square Mall. • 5 mins walk to Asia First Integrated Hub for Healthcare and wellness Hospital – CONNEXION • Renowned Schools / Educational institutes nearby include Anglo-Chinese Pri & Sec Schools, Farrer Park Pri, CHIJ Pri & Sec Bendeemer Secondary ITE Balestier, Nanyang Academy of Fine Arts, Catholic Junior College and SMU. FACILITIES: Swimming Pool, Gym & Decking
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
12
Average Price
S791K
Total Value
S9.5M
Calculating fair value from URA transaction data…


License: L3008899K
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Estimated sale value based on 463 URA transactions · 66 outliers removed (IQR)
Fair Value
S$715,880
S$1,623 psf
Asking Price
S$3,500
S$8 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
463 comps
Nearest MRT
Farrer Park
338m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
463 comparable transactions
S$2,098
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$1,623
Recent Comparable Transactions
10 shown · 463 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | RACE COURSE ROAD Floor 01-05 | 420sqft | S$742,000 | ▲S$1,768 +8.9% vs FV | Freehold |
Aug 2025 | RACE COURSE ROAD Floor 01-05 | 420sqft | S$742,000 | ▲S$1,768 +8.9% vs FV | Freehold |
Jun 2025 | PERUMAL ROAD Floor 16-20 | 538sqft | S$1,125,000 | ▲S$2,090 +28.8% vs FV | 99 yrs lease commencing from 2017 |
Jun 2025 | PERUMAL ROAD Floor 11-15 | 517sqft | S$1,080,888 | ▲S$2,092 +28.9% vs FV | 99 yrs lease commencing from 2017 |
Apr 2025 | PERUMAL ROAD Floor 16-20 | 732sqft | S$1,510,000 | ▲S$2,063 +27.1% vs FV | 99 yrs lease commencing from 2017 |
Mar 2025 | RANGOON ROAD Floor 01-05 | 474sqft | S$790,000 | ▲S$1,668 +2.8% vs FV | Freehold |
Feb 2025 | PERUMAL ROAD Floor 11-15 | 538sqft | S$1,148,888 | ▲S$2,135 +31.5% vs FV | 99 yrs lease commencing from 2017 |
Jan 2025 | RACE COURSE ROAD Floor 01-05 | 452sqft | S$750,000 | ▲S$1,659 +2.2% vs FV | Freehold |
Dec 2024 | RACE COURSE LANE Floor 06-10 | 431sqft | S$755,000 | ▲S$1,754 +8.1% vs FV | Freehold |
Dec 2024 | RANGOON ROAD Floor 01-05 | 420sqft | S$680,000 | ▼S$1,620 -0.2% vs FV | Freehold |
Nov 2024 | PERUMAL ROAD Floor 11-15 | 1,184sqft | S$2,300,000 | ▲S$1,943 +19.7% vs FV | 99 yrs lease commencing from 2017 |
RACE COURSE ROAD
Aug 2025 · Floor 01-05
+8.9% vs FV
RACE COURSE ROAD
Aug 2025 · Floor 01-05
+8.9% vs FV
PERUMAL ROAD
Jun 2025 · Floor 16-20
+28.8% vs FV
PERUMAL ROAD
Jun 2025 · Floor 11-15
+28.9% vs FV
PERUMAL ROAD
Apr 2025 · Floor 16-20
+27.1% vs FV
RANGOON ROAD
Mar 2025 · Floor 01-05
+2.8% vs FV
PERUMAL ROAD
Feb 2025 · Floor 11-15
+31.5% vs FV
RACE COURSE ROAD
Jan 2025 · Floor 01-05
+2.2% vs FV
RACE COURSE LANE
Dec 2024 · Floor 06-10
+8.1% vs FV
RANGOON ROAD
Dec 2024 · Floor 01-05
-0.2% vs FV
PERUMAL ROAD
Nov 2024 · Floor 11-15
+19.7% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.