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Cairnhill 16

Cairnhill Rise · District 09 · Core Central Region (CCR) · Freehold

Cairnhill 16 is an apartment development in District 09 (CCR). Based on 39 URA-recorded transactions from 20222023, its median price is $3,077,700, with prices moving about 8.4%/yr.

The verdict · for an investor

Cairnhill 16 · Apartment · District 09 · Freehold

On balance, Cairnhill 16 points up — but you're paying for it.

Strong track record — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 18 min on foot; 11 supermarkets, 15 food & retail spots nearby.
  • Rentablesteady rental demand; schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 3-bed +8.4% since 2022.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • Its recent +8.4%/yr rode a hot cycle — don't bank on that pace repeating.
  • MRT is a real walk — Newton MRT, about 18 min.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

Rental yield

no rent record yet

Priced vs nearby

Above 4 of 7

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$2,793/sqft
13 sold here

What 775 sqft (2-bed) units go for here

$2.03Mmiddle ~$2.16M$2.29M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 775 sqft sales

Jul 2023775 sqft · fl 11-15$2.37M$3,055 psf
Jul 2023775 sqft · fl 11-15$2.31M$2,975 psf
Jul 2023775 sqft · fl 11-15$2.31M$2,984 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$5.95 psf/mo). Change it if you know better.

The rent you’d get

/mo
2.6% gross yield
Middlingtypical for prime Singapore. The rent offsets some cost, but the returns ride on price growth, not yield. At a typical 75% loan, the rent covers ~61% of the mortgage — you’d top up ~$2,950/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$2.16M

Aim at the middle or below. A patient buyer has been getting closer to $2.09M.

If you’re selling

~$2.26M

List at the top of fair; realistic close is $2.16M–$2.19M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$4.85M
Paper gain+$2.68M

Our blunt read: ~$2.68M over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~8.4%/yr), and past pace never promises the future.

Built from URA transactions for Cairnhill 16 — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Cairnhill 16

Core Central Region (CCR) · District 09

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Cairnhill 16, its own prices have been flat lately. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$2,928 psf, Cairnhill 16 is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~8.4%/yr over ~1 year). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Cairnhill 16)

About neutral

Not enough recent sales at this project to read its own trend.

Your area vs the rest

Supports prices

The prime districts (CCR) lagged the others since 2004 — more room to catch up.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,998 units).

2.0k units
New launches selling

Supports prices

New launches in this district are selling well — 8 recent ones are around 100% sold, so buyer demand here is healthy right now.

100% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

Holds prices back

Foreign buying has collapsed since the 60% tax — only ~1.4% of buyers now. For the prime market you're looking at, that's a real missing piece of demand.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$2,928 psf is ~14% below similar nearby projects (~$3,396). good value

(The whole prime average is ~$2,284 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Cairnhill 16 has grown ~8.4%/yr over ~1 year. Similar nearby: River Green 13.7%, The Avenir 2%, Irwell Hill Residences 1.7%, Kopar At Newton 3.1%, The Robertson Opus 5.6% — a 1.713.7%/yr spread (most around 3.1%).

market ~4.6%
Cairnhill 8.4%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~8.4%/yr, ~$4,043/sqft by year 4 — already past your target.
Likely hits it:about year 2 at its own ~8.4%/yr pace.
Best case:if it ran like its best neighbour (River Green, ~13.7%/yr), about year 2.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$3,077,700

2022–2023 (URA)

Appreciation

8.4%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Cairnhill 16 median price per sqft, by year

2022$2,700 psf
2023$2,870 psf+6.3%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Cairnhill 16 fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Cairnhill 16

Questions people ask about Cairnhill 16

Is Cairnhill 16 freehold or leasehold?

Cairnhill 16 is a freehold development in District 09 (Core Central Region (CCR)). Freehold means there is no lease running down.

How much does Cairnhill 16 cost per square foot?

Recent transactions at Cairnhill 16 are around $2,870 psf — a new-launch price. Across its record, transacted prices range from $2,005,245 to $5,606,112.

Which primary schools are near Cairnhill 16?

Within 1 km (top Primary 1 priority): Anglo-chinese School (junior) (0.34 km), St. Margaret's School (primary) (1.00 km). Within 1–2 km: Anglo-chinese School (primary), St. Joseph's Institution Junior, Farrer Park Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Cairnhill 16?

The nearest MRT is Newton MRT, about 470 m away (straight-line).

Has Cairnhill 16 gone up in value?

Across 39 URA-recorded transactions (2022–2023), prices at Cairnhill 16 have moved about 8.4% a year on average. That is a past record, not a forecast.

What condos are comparable to Cairnhill 16?

Within a short walk: Hilltops, Klimt Cairnhill, Cairnhill Crest, The Laurels, Kopar At Newton. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Cairnhill 16 a good buy?

Cairnhill 16 sits in Core Central Region (CCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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