Race Course Building rent and sale price
D08 / Little India
Address 408 Race Course Road Singapore 218656
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Apartment, Non-Landed Properties 3 transactions Freehold Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Race Course Building
Race Course Building is a freehold apartment in D08 / Little India. The page currently tracks 1 rentals and 2 sales.
- Typical rent is $5,000 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $2,037,500, with median sale PSF at $922 psf and total recorded sale value of $4.1M.
- Rent is flat over the last 3 months. Sale PSF is flat over the last 3 months.
Race Course Building Market Position
How this project compares with the wider D08 market before you read the detailed tables.
Rent vs D08 +31.6%
Rents above district median
Race Course Building's median rent is $5,000 compared with the D08 median of $3,800. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D08 -49.8%
Sale PSF below district median
Race Course Building's median sale PSF is $922 psf versus the D08 median of $1,835 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.94%
Rent support near district screen
Gross yield is roughly 2.94% versus a D08 screen of 2.99%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability Limited data
Stability still building
There are not enough recent monthly records to judge rent stability cleanly.
Market activity Limited data
Volume still building
There are not enough recent months to compare transaction activity.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Race Course Building against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Race Course Building Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $5,000
Is the asking rent fair?
$4,750 to $5,250 is the first fair-rent band to check. Above $5,250 should have a visible reason.
Median sale PSF $922 psf
Is the purchase price fair?
$1,980,000 to $2,100,000 and $890 to $950 psf are the first sale checks before adjusting for floor, size, view and condition.
Unknown bedroom rent $5,000
Are similar units renting for more?
Unknown bedroom and 2,200 to 2,300 sqft give the closest unit-size checks.
Rent stability Limited data
Is rent stable here?
Stability still building. There are not enough recent monthly records to judge rent stability cleanly.
Transaction volume Limited data
Is activity rising?
Volume still building. There are not enough recent months to compare transaction activity.
Run Race Course Building numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $5,000/mo Test gross and net yield against typical rent. Buy vs rent $2.0M Compare ownership cost against renting. Mortgage $2.0M Estimate monthly payment from the sale price. Stamp duty $922 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Race Course Building Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 2 resale transactions
Total sold value $4.1M
Race Course Building Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 1 Nov 2023 to Nov 2023
Sale transactions 2 Aug 2021 to Aug 2021
Rent trend 0.0% Last 3 months
Sale PSF trend 0.0% Last 3 months
Race Course Building Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
FARRER PARK MRT STATION 0.39 km away
FARRER PARK MRT STATION (NE8) 0.59 km away
BENDEMEER MRT STATION (DT23) 0.63 km away
Schools nearby
FARRER PARK PRIMARY SCHOOL 0.82 km away
BENDEMEER SECONDARY SCHOOL 1.1 km away
BENDEMEER PRIMARY SCHOOL 1.13 km away
SHG STUDENT CARE (BENDEMEER PRIMARY SCHOOL) 1.16 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 0.68 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.5 km away
WHAMPOA PARK CONNECTOR Park / green link · 1.31 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 2.36 km away
Race Course Building Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $5,000 1 rentals in view
Latest median sale PSF $922 psf 2 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Nov 2023 1 $5,000 0 - -
Aug 2021 0 - 2 $922 psf $2,037,500
Projects Similar to Race Course Building
Same district, ranked by similar rent, sale PSF and transaction depth.
9999-year leasehold from 1957 Little India Conservation Area 1.3 km away 14 transactions
- Median rent
- $5,100
- Median sale PSF
- $1,010 psf
- Median rent
- $5,000
- Median sale PSF
- $1,431 psf
- Median rent
- $4,000
- Median sale PSF
- $963 psf
- Median rent
- $3,550
- Median sale PSF
- $920 psf
- Median rent
- $4,000
- Median sale PSF
- $1,245 psf
- Median rent
- $4,000
- Median sale PSF
- $1,041 psf
Race Course Building Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
Unknown $5,000 $5,000 1
Race Course Building Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
2,200 to 2,300 sqft $5,000 $5,000 1
Race Course Building Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,037,500 $922 psf 2
Race Course Building Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Race Course Building shows a typical monthly rent of $5,000 across 1 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $5,000
Rentals 1
Rent signal Thin
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at Race Course Building point to a typical sale price of $2,037,500 and $922 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,037,500
Median PSF $922 psf
Sale signal Thin
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Race Course Building has 2 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $4.1M
Latest record Nov 2023
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D08 to compare Race Course Building against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Race Course Building FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Race Course Building?
Race Course Building has a median monthly rent of $5,000 across 1 rentals.
What is the typical sale price at Race Course Building?
The median sale price for Race Course Building is $2,037,500, based on 2 sales on this page.
What is the median sale PSF at Race Course Building?
The median sale price per square foot for Race Course Building is $922 psf. The average sale PSF is $922 psf.
Is Race Course Building freehold or leasehold?
Race Course Building is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Race Course Building located?
Race Course Building is located at 408 Race Course Road Singapore 218656 in D08 / Little India.
How current is the Race Course Building transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.