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Cityscape @Farrer Park

Mergui Road · District 08 · Rest of Central Region (RCR) · Freehold

Cityscape @Farrer Park is a condominium development in District 08 (RCR). Based on 59 URA-recorded transactions from 2021–2026, its median price is $1,820,000, with prices moving about 4.4%/yr and a gross rental yield near 3%.

The verdict · for an investor

Cityscape @Farrer Park · Condominium · District 08 · Freehold

On balance, Cityscape @Farrer Park points up.

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

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • Convenient — MRT about 12 min on foot; 17 supermarkets, 9 food & retail spots nearby.
  • Rentable — ~3% gross yield; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 4-bed +24.0%, 3-bed +14.6% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • MRT is a real walk — Farrer Park MRT, about 12 min.
  • The market's near the top of its cycle — mind your entry price.
  • Larger units — entry starts around $2.23M, not an easy first step.

Should I buy?

Worth a look

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

Rental yield

3%

gross, on this project

Priced vs nearby

Above 2 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.

~$1,654/sqft
11 sold here

What 1,076 sqft (4-bed) units go for here

$1.67Mmiddle ~$1.78M$1.89M

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 1,076 sqft sales

May 20261,076 sqft · fl 21-25$1.81M$1,682 psf
Sep 20251,076 sqft · fl 26-30$1.81M$1,682 psf
Jul 20251,076 sqft · fl 21-25$1.81M$1,680 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $4.17 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
3.0% gross yield
Middling — typical 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 ~72% of the mortgage — you’d top up ~$1,700/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

≤ $1.78M

Aim at the middle or below. A patient buyer has been getting closer to $1.72M.

If you’re selling

~$1.86M

List at the top of fair; realistic close is $1.78M–$1.80M 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$2.74M
Paper gain+$0.96M

Our blunt read: ~$958k 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 (~4.4%/yr), and past pace never promises the future.

Built from URA transactions for Cityscape @Farrer Park — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Cityscape @Farrer Park

Rest of Central Region (RCR) · District 08 · ~$1,688 psf · 3% yield

own price ↗

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans, steady immigration and rising rents are holding them up. For Cityscape @Farrer Park, 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 ~$1,688 psf, Cityscape @Farrer Park is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~4.4%/yr over ~5 years). 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 (Cityscape @Farrer Park)

About neutral

Cityscape @Farrer Park's own prices have gone flat over the latest year.

▬Your area vs the rest

About neutral

The city fringe (RCR) sits in the middle of the three areas on long-run growth.

▼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 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 · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers) — a small drag on the city fringe.

1.4% foreign
▲Rents at this project

Supports prices

Rents at Cityscape @Farrer Park are up ~5% over the last couple of years — good if you're renting it out.

▲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? ~$1,688 psf is ~24% below similar nearby projects (~$2,213). good value

(The whole city fringe average is ~$1,830 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.

Cityscape @Farrer Park has grown ~4.4%/yr over ~5 years. Similar nearby: Piccadilly Grand 2.7%, Citylights 3.2%, City Square Residences 4.6%, Sturdee Residences 3.4% — a 2.7–4.6%/yr spread (most around 3.4%).

market ~4.6%
Cityscape 4.4%
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 ~4.4%/yr, ~$2,005/sqft by year 4 — already past your target.
Likely hits it:about year 4 at its own ~4.4%/yr pace.
Best case:if it ran like its best neighbour (City Square Residences, ~4.6%/yr), about year 4.

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

$1,820,000

2021–2026 (URA)

Appreciation

4.4%/yr

median trend

Gross yield

3%

~$4.17/psf rent

Lease

Freehold

Cityscape @Farrer Park median price per sqft, by year

2021$1,421 psf
2022$1,538 psf+8.2%
2023$1,634 psf+6.2%
2024$1,654 psf+1.2%
2025$1,675 psf+1.3%
2026$1,688 psf+0.8%

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

Does Cityscape @Farrer Park 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 Cityscape @Farrer Park

Questions people ask about Cityscape @Farrer Park

Is Cityscape @Farrer Park freehold or leasehold?

Cityscape @Farrer Park is a freehold development in District 08 (Rest of Central Region (RCR)). Freehold means there is no lease running down.

How much does Cityscape @Farrer Park cost per square foot?

Recent transactions at Cityscape @Farrer Park are around $1,688 psf. Across its record, transacted prices range from $1,460,000 to $4,200,000.

Which primary schools are near Cityscape @Farrer Park?

Within 1 km (top Primary 1 priority): Farrer Park Primary School (0.64 km), St. Joseph's Institution Junior (0.66 km), Hong Wen School (0.79 km). Within 1–2 km: Anglo-chinese School (junior), Bendemeer Primary School, St. Margaret's School (primary). Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Cityscape @Farrer Park?

The nearest MRT is Farrer Park MRT, about 720 m away (straight-line).

Has Cityscape @Farrer Park gone up in value?

Across 59 URA-recorded transactions (2021–2026), prices at Cityscape @Farrer Park have moved about 4.4% a year on average, with a gross rental yield near 3%. That is a past record, not a forecast.

What condos are comparable to Cityscape @Farrer Park?

Within a short walk: Uptown @ Farrer, Soleil @ Sinaran, Piccadilly Grand, Prestige Heights, The Interweave. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Cityscape @Farrer Park a good buy?

Cityscape @Farrer Park sits in Rest of Central Region (RCR). 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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