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Suites@ Katong

Tanjong Katong Road · District 15 · Rest of Central Region (RCR) · Freehold

Suites@ Katong is an apartment development in District 15 (RCR). Based on 10 URA-recorded transactions from 20212025, its median price is $670,000, with prices moving about 0.6%/yr.

The verdict · for an investor

Suites@ Katong · Apartment · District 15 · Freehold

Suites@ Katong 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 12 min on foot; 11 supermarkets, 5 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 +2.6% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • MRT is a real walk — Dakota MRT, about 12 min.
  • 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 5

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.

~$1,753/sqft
4 sold here

What 388 sqft (1-bed) units go for here

$0.64Mmiddle ~$0.68M$0.72M

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 388 sqft sales

Jul 2024388 sqft · fl 01-05$0.68M$1,753 psf
Apr 2024388 sqft · fl 01-05$0.64M$1,649 psf
Feb 2024388 sqft · fl 01-05$0.69M$1,773 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 (~$5.07 psf/mo). Change it if you know better.

The rent you’d get

/mo
3.4% gross yield
Healthyfor a Singapore condo, the rent is doing real work here. At a typical 75% loan, the rent covers ~82% of the mortgage — you’d top up ~$450/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

$0.68M

Aim at the middle or below. A patient buyer has been getting closer to $0.66M.

If you’re selling

~$0.71M

List at the top of fair; realistic close is $0.68M–$0.69M 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$0.72M
Paper gain+$0.04M

Our blunt read: ~$42k 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 (~0.6%/yr), and past pace never promises the future.

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

If you’re buying — the outlook

Suites@ Katong

Rest of Central Region (RCR) · District 15 · ~$1,682 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 Suites@ Katong, 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 ~$1,682 psf, Suites@ Katong is priced below similar new projects nearby — good value against its peers. But its own prices have gone flat (~0.6%/yr over ~4 years). The real watch-out: about 2,896 brand-new units come up for sale in this district by 2028 — direct competition for when you sell. Buying near the top of the cycle just as that lands can cap your gains. 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 (Suites@ Katong)

Holds prices back

Suites@ Katong's own prices have softened — about -4% 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 supply nearby

Holds prices back

About 2,896 new units are still unsold in this district, with the first big batch finishing around 2028 — plenty of fresh supply that can hold prices and rents back.

2.9k units
New launches selling

Supports prices

New launches in this district are selling well — 15 recent ones are around 91% sold, so buyer demand here is healthy right now.

91% 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 · 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? ~$1,682 psf is ~38% below similar nearby projects (~$2,728). 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.

Suites@ Katong has grown ~0.6%/yr over ~4 years. Similar nearby: Grand Dunman 5.5%, Emerald Of Katong 6.3%, The Continuum -2.1%, Tembusu Grand 5.6%, Liv @ Mb 3.1% — a -2.16.3%/yr spread (most around 5.5%).

market ~4.6%
Suites@ 0.6%
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 ~0.6%/yr, ~$1,723/sqft by year 4 — still short of $1,950.
Likely hits it:beyond ~year 12 even at its own pace — a real stretch.
Best case:if it ran like its best neighbour (Emerald Of Katong, ~6.3%/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

$670,000

2021–2025 (URA)

Appreciation

0.6%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Suites@ Katong median price per sqft, by year

2021$1,639 psf
2022$1,513 psf-7.7%
2024$1,752 psf+15.8%
2025$1,682 psf-4%

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

Does Suites@ Katong 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 Suites@ Katong

Questions people ask about Suites@ Katong

Is Suites@ Katong freehold or leasehold?

Suites@ Katong is a freehold development in District 15 (Rest of Central Region (RCR)). Freehold means there is no lease running down.

How much does Suites@ Katong cost per square foot?

Recent transactions at Suites@ Katong are around $1,682 psf. Across its record, transacted prices range from $626,000 to $1,102,000.

Which primary schools are near Suites@ Katong?

Within 1 km (top Primary 1 priority): Tanjong Katong Primary School (0.59 km), Kong Hwa School (0.88 km), Haig Girls' School (0.94 km). Within 1–2 km: Chij (katong) Primary, Geylang Methodist School (primary), Tao Nan School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Suites@ Katong?

The nearest MRT is Dakota MRT, about 770 m away (straight-line).

Has Suites@ Katong gone up in value?

Across 10 URA-recorded transactions (2021–2025), prices at Suites@ Katong have moved about 0.6% a year on average. That is a past record, not a forecast.

What condos are comparable to Suites@ Katong?

Within a short walk: Tembusu Grand, The Continuum, Haig Court, Emerald Of Katong, Grand Dunman. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Suites@ Katong a good buy?

Suites@ Katong 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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