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Lincoln Suites

Khiang Guan Avenue · District 11 · Core Central Region (CCR) · Freehold

Lincoln Suites is a condominium development in District 11 (CCR). Based on 28 URA-recorded transactions from 20212026, its median price is $2,425,000, with prices moving about -2.6%/yr and a gross rental yield near 3.5%.

The verdict · for an investor

Lincoln Suites · Condominium · District 11 · Freehold

Lincoln 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 7 min on foot; 10 supermarkets, 5 food & retail spots nearby.
  • Rentable~3.5% gross yield; transport and schools nearby keep tenants coming.

And what makes it better

  • A Primary-1 priority school within 1km — a real family draw.
  • Steady ~3.5% gross rental yield.

What's holding it back

  • The 1-bed, 3-bed, 5-bed have lagged (−7.6%, −8.0%, −26.1%).
  • 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

3.5%

gross, on this project

Priced vs nearby

Above 2 of 6

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.

~$2,484/sqft
6 sold here

What 463 sqft (1-bed) units go for here

$1.08Mmiddle ~$1.15M$1.22M

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 463 sqft sales

Jun 2024463 sqft · fl 21-25$1.17M$2,523 psf
Dec 2023463 sqft · fl 11-15$1.15M$2,484 psf
Oct 2023463 sqft · fl 06-10$1.10M$2,376 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $6.32 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
3.1% 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 ~73% of the mortgage — you’d top up ~$1,050/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

$1.15M

Aim at the middle or below. A patient buyer has been getting closer to $1.11M.

If you’re selling

~$1.20M

List at the top of fair; realistic close is $1.15M–$1.16M 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$1.55M
Paper gain+$0.40M

Our blunt read: ~$396k 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 (~3.0%/yr), and past pace never promises the future.

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

If you’re buying — the outlook

Lincoln Suites

Core Central Region (CCR) · District 11 · ~$2,137 psf · 3.5% yield

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 Lincoln Suites, 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 ~$2,137 psf, Lincoln Suites is priced below similar new projects nearby — good value against its peers. Its own prices are only creeping up (~-2.6%/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 (Lincoln Suites)

Holds prices back

Lincoln Suites's own prices have softened — about -8% in the latest year.

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

Supports prices

Not many new units are being built in this district (~380) — less new supply competing with you.

0.4k units
New launches selling

Supports prices

New launches in this district are selling well — 5 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 at this project

About neutral

Rents at Lincoln Suites have been flat over the last couple of years.

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? ~$2,137 psf is ~35% below similar nearby projects (~$3,266). 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.

Lincoln Suites has grown ~-2.6%/yr over ~5 years. Similar nearby: Pullman Residences Newton 2.2%, Watten House 0.3%, Peak Residence 5%, Soleil @ Sinaran 6% — a 0.36%/yr spread (most around 5%).

market ~4.6%
Lincoln -2.6%
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 ~-2.6%/yr, ~$1,923/sqft by year 4 — still short of $2,450.
Likely hits it:at ~-2.6%/yr it’s not trending up — it may never reach $2,450 on its own.
Best case:if it ran like its best neighbour (Soleil @ Sinaran, ~6%/yr), about year 3.

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

$2,425,000

2021–2026 (URA)

Appreciation

-2.6%/yr

median trend

Gross yield

3.5%

~$6.32/psf rent

Lease

Freehold

Lincoln Suites median price per sqft, by year

2021$2,115 psf
2023$2,323 psf+9.8%
2024$2,485 psf+7%
2025$2,327 psf-6.4%
2026$2,137 psf-8.2%

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

Does Lincoln 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 Lincoln Suites

Questions people ask about Lincoln Suites

Is Lincoln Suites freehold or leasehold?

Lincoln Suites is a freehold development in District 11 (Core Central Region (CCR)). Freehold means there is no lease running down.

How much does Lincoln Suites cost per square foot?

Recent transactions at Lincoln Suites are around $2,137 psf. Across its record, transacted prices range from $990,000 to $7,768,636.

Which primary schools are near Lincoln Suites?

Within 1 km (top Primary 1 priority): St. Joseph's Institution Junior (0.33 km), Anglo-chinese School (primary) (0.81 km), Anglo-chinese School (junior) (0.89 km). Within 1–2 km: Farrer Park Primary School, St. Margaret's School (primary), Singapore Chinese Girls' Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Lincoln Suites?

The nearest MRT is Novena MRT, about 400 m away (straight-line).

Has Lincoln Suites gone up in value?

Across 28 URA-recorded transactions (2021–2026), prices at Lincoln Suites have moved about -2.6% a year on average, with a gross rental yield near 3.5%. That is a past record, not a forecast.

What condos are comparable to Lincoln Suites?

Within a short walk: 26 Newton, Park Infinia At Wee Nam, 10 Evelyn, Amaryllis Ville, Rochelle At Newton. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Lincoln Suites a good buy?

Lincoln Suites 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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