Draycott Eight
Draycott Park · District 10 · Core Central Region (CCR) · 99 yrs lease commencing from 1997
Draycott Eight is a condominium development in District 10 (CCR). Based on 36 URA-recorded transactions from 2021–2026, its median price is $3,175,000, with prices moving about 1.3%/yr and a gross rental yield near 3.1%.
The verdict · for an investor
Draycott Eight · Condominium · District 10 · Leasehold
Draycott Eight is a mixed picture — a real case, with real caveats.
There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.
Why it's pushing up
What matters most for you
- Convenient — MRT about 13 min on foot; 10 supermarkets, 10 food & retail spots nearby.
- Rentable — ~3.1% gross yield; transport and schools nearby keep tenants coming.
And what makes it better
- Every unit type has risen — 4-bed +22.8%, 5-bed +6.5% since 2021.
- A Primary-1 priority school within 1km — a real family draw.
What's holding it back
- Leasehold, ~70 years left — the lease clock weighs on price and financing the older it gets.
- MRT is a real walk — Newton MRT, about 13 min.
- The market's near the top of its cycle — mind your entry price.
Should I buy?
There's a case — weigh the caveats first.
Rental yield
gross, on this project
Priced vs nearby
priced under the walkable neighbours.
Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.
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.
What 1,173 sqft (4-bed) units go for here
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 1,173 sqft sales
What it rents for — and if that works
The rent you’d get
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
≤ $2.56M
Aim at the middle or below. A patient buyer has been getting closer to $2.47M.
If you’re selling
~$2.67M
List at the top of fair; realistic close is $2.56M–$2.59M 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?
Our blunt read: ~$353k 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 (~1.3%/yr), and past pace never promises the future.
Built from URA transactions for Draycott Eight — an opinion to decide and negotiate with, never a valuation and never financial advice.
If you’re buying — the outlook
Draycott Eight
Core Central Region (CCR) · District 10 · ~$2,259 psf · 3.1% yield
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 Draycott Eight, its own prices are still climbing. Over a 4-year hold, expect modest growth — not a big jump.
On balance, the wind is leaning to your favour.
What it means for you: At ~$2,259 psf, Draycott Eight is priced below similar new projects nearby — good value against its peers. Its own prices are only creeping up (~1.3%/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.
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.
Supports prices
Draycott Eight's own prices are still climbing — about +4% in the latest year of sales.
Supports prices
The prime districts (CCR) lagged the others since 2004 — more room to catch up.
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.
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.
Supports prices
Against salaries, prices aren't expensive by past standards — people can still afford to buy.
Supports prices
Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.
About neutral
A moderate amount of new supply is coming to this district (~1,770 units).
Supports prices
New launches in this district are selling well — 7 recent ones are around 84% sold, so buyer demand here is healthy right now.
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.
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.
Holds prices back
Rents at Draycott Eight have slipped ~10% over the last couple of years — weaker support if you rent it out.
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.
Supports prices · small effect
The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.
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.
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? ~$2,259 psf is ~22% below similar nearby projects (~$2,900). 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.
Draycott Eight has grown ~1.3%/yr over ~5 years. Similar nearby: Skye At Holland 0.1%, Leedon Green 0.1%, D'Leedon 4.3%, Upperhouse At Orchard Boulevard 6.8%, Hyll On Holland 2.3% — a 0.1–6.8%/yr spread (most around 2.3%).
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?
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
$3,175,000
2021–2026 (URA)
Appreciation
1.3%/yr
median trend
Gross yield
3.1%
~$5.85/psf rent
Lease
~70 yrs left
leasehold
Draycott Eight median price per sqft, by year
Median PSF of actual URA transactions each year, with year-on-year change.
Does Draycott Eight 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 Draycott Eight
Questions people ask about Draycott Eight
Is Draycott Eight freehold or leasehold?
Draycott Eight is on a 99-year lease that began in 1997, so about 70 years remain. It sits in District 10 (Core Central Region (CCR)).
How much does Draycott Eight cost per square foot?
Recent transactions at Draycott Eight are around $2,259 psf. Across its record, transacted prices range from $2,350,000 to $8,680,000.
Which primary schools are near Draycott Eight?
Within 1 km (top Primary 1 priority): Anglo-chinese School (primary) (0.86 km). Within 1–2 km: Anglo-chinese School (junior), Singapore Chinese Girls' Primary School, St. Joseph's Institution Junior. Distances are straight-line — the basis MOE uses for P1 priority.
Which MRT station is nearest Draycott Eight?
The nearest MRT is Newton MRT, about 680 m away (straight-line).
Has Draycott Eight gone up in value?
Across 36 URA-recorded transactions (2021–2026), prices at Draycott Eight have moved about 1.3% a year on average, with a gross rental yield near 3.1%. That is a past record, not a forecast.
What condos are comparable to Draycott Eight?
Within a short walk: One Draycott, The Hyde, Nouvel 18, Sloane Residences, Klimt Cairnhill. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.
Is Draycott Eight a good buy?
Draycott Eight 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.