Ritz @ Farrer (D8), Apartment - For Sale #95484411
Ritz @ Farrer (D8), Apartment #345214291
Ritz @ Farrer (D8), Apartment #345214301
Ritz @ Farrer (D8), Apartment #345214311
Ritz @ Farrer (D8), Apartment #345214321
Ritz @ Farrer (D8), Apartment #345214331
Ritz @ Farrer (D8), Apartment #345214341
Ritz @ Farrer (D8), Apartment #345214351
Ritz @ Farrer (D8), Apartment #345214361
Ritz @ Farrer (D8), Apartment #345214371
Ritz @ Farrer (D8), Apartment #345214381
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Ritz @ Farrer (D8), Apartment - For Sale

1,066 sqft | $1,485 psf (Built)
$1,583,000
3 Beds
2 Baths
Estimated mortgage $X,XXX monthly
CEA: R062329Z | L3010738A
Hi I'm Esther Tan
Enquire Now
Listings
Direct Developer Sale! 2-Br Penthouse and 3-Br Units Available

⭐Ritz @ Farrer⭐
✅ 1 x 2 Bedroom Penthouse and 2 x 3 Bedroom Units Available
✅ 2 Bedroom Penthouse, 1098 sqft, $1,600,000, $1,457 psf [Currently Tenanted at $3,300 till Jan 2023 (2.47% renal yield)]
✅ 3 Bedroom, 1066 sqft, $1,583,000, $1,485 psf [Currently Tenanted at $3,500 till July 2024 (2.65% rental yield)]
✅ 3 Bedroom, 1141 sqft, $1,629,000, 1,428 psf [Currently Tenanted]
✅ TOP in December 2016!
✅ Freehold
✅ 2 Swimming pools at the roof
✅ Walking distance to Farrer Park MRT
✅ 3.35m Floor to ceiling height
✅ Developer provides 5 sqm loft

⭐Investment Thesis⭐
Ritz @ Farrer is located in District 8 which is in the Rest of Central Region (RCR) category. The location alone is highly sought after with New Launch Units within the same vicinity asking for a much higher price. To give an example, the project 1953 is now selling at $2000 psf. Hence, in comparison, Ritz @ Farrer which is selling for under $1,500 psf is a real starbuy.

The investment play would be to buy the units with tenancy to collect the rental income while waiting for the asking prices of the units to go up. To put things into perspective, Ritz @ Farrer units which are being sold by homeowners are now going for $1.74M to $1.79M. Why not get it at a discount when you can buy it directly from the developer at $1.6M?!


⭐Amenities⭐
✅ 8 mins walk to Farrer Park MRT
✅ 6 mins walk to Mustafa Centre
✅ 7 mins walk to Centrium Square Mall
✅ 8 mins walk to City Square Mall


⭐Centrally Located Within City Fringe⭐
✅ Short drive to City Square Mall, Poiz Centre, Mustafa Centre and Aperia Mall
✅ 6 mins drive to Orchard Road
✅ 9 mins drive to Marina Bay Financial Centre
✅ Easy connectivity via CTE, PIE


⭐For Those Who Do Not Drive⭐
✅ 1 MRT stops to Little India - Downtown line
✅ 2 MRT stops to Dhoby Ghaut (Plaza Singapura) - North-South line, Circle line
✅ 3 MRT stops to Clarke Quay
✅ 4 MRT stops to Chinatown
✅ 4 MRT stops to Serangoon (NEX Mall) - Circle Line
Read more
Esther Tan
CEA: R062329Z
9139XXXX
CEA: R062329Z | L3010738A
Hi I'm Esther Tan
Enquire Now
Listings
About this property
Address
142 Race Course Road (218593)
Property Name
Property Type
Apartment
Model
Apartment
Bedrooms
3
Bathrooms
2
Tenure
FREEHOLD
Developer
One42 Pte Ltd
Built Year
2017
No. of Units
18
Asking
$1,583,000
Size
1,066 sqft (Built-up)
PSF
$1,485 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1655919622
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
FARRER PARK VIEW
NE8
LITTLE INDIA MRT
DT12 NE7
JALAN BESAR MRT
DT22
Bus Stops
Broadway Hotel
857NR61311391472364656667
Primary Schools
Farrer Park Primary
0.33 km
Stamford Primary
0.92 km
St. Margaret's Primary
0.97 km
Secondary Schools
Northlight
1.09 km
School Of The Arts, Singapore
1.25 km
Balestier Hill Secondary
1.88 km
Integrated Schools
School Of The Arts, Singapore
1.25 km
Shopping Malls
Serangoon Plaza
0.32 km
Mustafa Centre
0.32 km
Tekka Market
0.46 km
Groceries & Supermarts
NTUC Fairprice (City Square Mall)
0.52 km
Sheng Siong Hypermarket(The Verge)
0.59 km
Giant(New World Centre)
0.63 km
Google Map
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Bus/MRT
- mins
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- mins
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- mins
FARRER PARK VIEW
NE8
0.24 km
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LITTLE INDIA MRT
DT12 NE7
0.5 km
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JALAN BESAR MRT
DT22
0.58 km
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Broadway Hotel
857 NR6 131 139 147 23 64 65 66 67
0.15 km
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Farrer Park Primary
0.33 km
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Stamford Primary
0.92 km
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St. Margaret's Primary
0.97 km
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Northlight
1.09 km
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School Of The Arts, Singapore
1.25 km
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Balestier Hill Secondary
1.88 km
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School Of The Arts, Singapore
1.25 km
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Serangoon Plaza
0.32 km
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Mustafa Centre
0.32 km
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Tekka Market
0.46 km
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NTUC Fairprice (City Square Mall)
0.52 km
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Sheng Siong Hypermarket(The Verge)
0.59 km
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Giant(New World Centre)
0.63 km
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Home Price Insights
SRX estimates the market price of this unit at $XXXXXX
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X-Value is provided for general reference and does not constitute a valuation by a licensed appraiser. StreetSine Singapore Pte Ltd accepts no liability whatsoever arising from any use of or reliance on the X-Value. Use of X-Value is subject to SRX's Terms of Use and Privacy Policy
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