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Suites @ Sims

Sims Avenue · District 14 · Rest of Central Region (RCR) · Freehold

Suites @ Sims is an apartment development in District 14 (RCR). Based on 14 URA-recorded transactions from 20212025, its median price is $674,500, with prices moving about 4.4%/yr and a gross rental yield near 4.5%.

The verdict · for an investor

Suites @ Sims · Apartment · District 14 · Freehold

On balance, Suites @ Sims points up.

Strong track record, sitting inside Paya Lebar Central & the airbase land — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 9 min on foot; 12 supermarkets, 11 food & retail spots nearby.
  • Rentable~4.5% gross yield; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 1-bed +18.7% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.
  • Inside Paya Lebar Central & the airbase land — a government-committed long-term catalyst.

What's holding it back

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

Should I buy?

Worth a look

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

Rental yield

4.5%

gross, on this project

Priced vs nearby

Above 4 of 8

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.

~$1,898/sqft
5 sold here

What 344 sqft (1-bed) units go for here

$0.61Mmiddle ~$0.65M$0.69M

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 344 sqft sales

Oct 2025344 sqft · fl 01-05$0.67M$1,945 psf
Oct 2025344 sqft · fl 01-05$0.65M$1,898 psf
Sep 2025344 sqft · fl 01-05$0.65M$1,898 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $7.12 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
4.5% 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

$0.65M

Aim at the middle or below. A patient buyer has been getting closer to $0.63M.

If you’re selling

~$0.68M

List at the top of fair; realistic close is $0.65M–$0.66M 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$1.00M
Paper gain+$0.35M

Our blunt read: ~$351k 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 Suites @ Sims — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Suites @ Sims

Rest of Central Region (RCR) · District 14 · ~$1,896 psf · 4.5% 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 Suites @ Sims, its own prices are still climbing. 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 ~$1,896 psf, Suites @ Sims is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~4.4%/yr over ~4 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 (Suites @ Sims)

Supports prices

Suites @ Sims's own prices are still climbing — about +15% in the latest year of sales.

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 launches selling

Supports prices

New launches in this district are selling well — 3 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 · 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? ~$1,896 psf is ~11% below similar nearby projects (~$2,119). 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 @ Sims has grown ~4.4%/yr over ~4 years. Similar nearby: Parc Esta 1.5%, Sims Urban Oasis 4.2%, Penrose 5.8%, Waterbank At Dakota 5.5%, Mori -0.1% — a -0.15.8%/yr spread (most around 4.2%).

market ~4.6%
Suites 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, ~$2,252/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 (Penrose, ~5.8%/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

$674,500

2021–2025 (URA)

Appreciation

4.4%/yr

median trend

Gross yield

4.5%

~$7.12/psf rent

Lease

Freehold

Suites @ Sims median price per sqft, by year

2021$1,458 psf
2023$1,654 psf+13.4%
2025$1,896 psf+14.6%

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

Does Suites @ Sims 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 @ Sims

Questions people ask about Suites @ Sims

Is Suites @ Sims freehold or leasehold?

Suites @ Sims is a freehold development in District 14 (Rest of Central Region (RCR)). Freehold means there is no lease running down.

How much does Suites @ Sims cost per square foot?

Recent transactions at Suites @ Sims are around $1,896 psf. Across its record, transacted prices range from $550,000 to $1,100,888.

Which primary schools are near Suites @ Sims?

Within 1 km (top Primary 1 priority): Geylang Methodist School (primary) (0.48 km), Kong Hwa School (0.54 km). Within 1–2 km: Canossa Catholic Primary School, Haig Girls' School, Tanjong Katong Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Suites @ Sims?

The nearest MRT is Aljunied MRT, about 530 m away (straight-line).

Has Suites @ Sims gone up in value?

Across 14 URA-recorded transactions (2021–2025), prices at Suites @ Sims have moved about 4.4% a year on average, with a gross rental yield near 4.5%. That is a past record, not a forecast.

What condos are comparable to Suites @ Sims?

Within a short walk: Simsville, Tre Residences, Guillemard Edge, The Waterina, Park Place Residences At Plq. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Suites @ Sims a good buy?

Suites @ Sims 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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