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Jool Suites

Sing Joo Walk · District 08 · Rest of Central Region (RCR) · Freehold

Jool Suites is an apartment development in District 08 (RCR). Based on 21 URA-recorded transactions from 20212026, its median price is $730,000, with prices moving about 1%/yr.

The verdict · for an investor

Jool Suites · Apartment · District 08 · Freehold

Jool Suites 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.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 6 min on foot; 18 supermarkets, 6 food & retail spots nearby.
  • Rentablesteady rental demand; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 1-bed +4.2% since 2022.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • The market's near the top of its cycle — mind your entry price.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

no rent record yet

Priced vs nearby

Above 1 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.

~$1,748/sqft
11 sold here

What 409 sqft (1-bed) units go for here

$0.67Mmiddle ~$0.71M$0.76M

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 409 sqft sales

Jul 2025409 sqft · fl 01-05$0.74M$1,809 psf
Jun 2025409 sqft · fl 01-05$0.76M$1,856 psf
Apr 2025409 sqft · fl 01-05$0.75M$1,834 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 (~$6.27 psf/mo). Change it if you know better.

The rent you’d get

/mo
4.3% gross yield
Stronggenuinely rentable, and rare at this price. At a typical 75% loan, the rent fully covers the mortgage — it pays for itself.
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

$0.71M

Aim at the middle or below. A patient buyer has been getting closer to $0.69M.

If you’re selling

~$0.75M

List at the top of fair; realistic close is $0.71M–$0.72M 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$0.79M
Paper gain+$0.07M

Our blunt read: ~$75k 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 (~1.0%/yr), and past pace never promises the future.

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

If you’re buying — the outlook

Jool Suites

Rest of Central Region (RCR) · District 08 · ~$1,587 psf

own price

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 Jool Suites, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is roughly even.

!

What it means for you: At ~$1,587 psf, Jool Suites is priced below similar new projects nearby — good value against its peers. But its own prices have gone flat (~1%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — push hard on price — this is a buyer's situation. If the seller won't move, walk; there's no rush.

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 (Jool Suites)

Holds prices back

Jool Suites's own prices have softened — about -13% in 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 (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? ~$1,587 psf is ~28% 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.

Jool Suites has grown ~1%/yr over ~5 years. Similar nearby: Piccadilly Grand 2.7%, Citylights 3.2%, City Square Residences 4.6%, Sturdee Residences 3.4% — a 2.74.6%/yr spread (most around 3.4%).

market ~4.6%
Jool 1%
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
Unlikely at this pace
Sell earliest (yr 4):at its own ~1%/yr, ~$1,651/sqft by year 4 — still short of $1,850.
Likely hits it:beyond ~year 12 even at its own pace — a real stretch.
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

$730,000

2021–2026 (URA)

Appreciation

1%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Jool Suites median price per sqft, by year

2021$1,215 psf
2022$1,638 psf+34.8%
2023$1,736 psf+6%
2024$1,728 psf-0.5%
2025$1,818 psf+5.2%
2026$1,587 psf-12.7%

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

Does Jool Suites 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 Jool Suites

Questions people ask about Jool Suites

Is Jool Suites freehold or leasehold?

Jool Suites is a freehold development in District 08 (Rest of Central Region (RCR)). Freehold means there is no lease running down.

How much does Jool Suites cost per square foot?

Recent transactions at Jool Suites are around $1,587 psf. Across its record, transacted prices range from $670,000 to $1,100,000.

Which primary schools are near Jool Suites?

Within 1 km (top Primary 1 priority): Farrer Park Primary School (0.56 km), Hong Wen School (0.79 km). Within 1–2 km: St. Joseph's Institution 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 Jool Suites?

The nearest MRT is Farrer Park MRT, about 350 m away (straight-line).

Has Jool Suites gone up in value?

Across 21 URA-recorded transactions (2021–2026), prices at Jool Suites have moved about 1% a year on average. That is a past record, not a forecast.

What condos are comparable to Jool Suites?

Within a short walk: Uptown @ Farrer, Kerrisdale, Cityscape @Farrer Park, Sturdee Residences, City Square Residences. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Jool Suites a good buy?

Jool Suites 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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