Rent vs D08 -23.5%
Rents below district median
Soho 188's latest 12-month median rent is $3,100 compared with the D08 median of $4,050 for the same period. Use this district check before narrowing by bedroom and area band.
Soho 188 rent and sale price
D08 / Little India
Address 188 Race Course Road Soho 188 Singapore 218612
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Quick summary about Soho 188
Soho 188 is a freehold apartment in D08 / Little India. The page currently tracks 143 rentals and 13 sales.
- Latest 12M median rent is $3,100 per month from 35 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $935,000, with median sale PSF at $1,790 psf from 4 sales.
- Rent is down 6.3% over the last 3 months. Sale PSF is down 3.6% over the last 3 months.
Soho 188 Market Brief
Compare the project with D08 across rent, sale PSF, tenure and transaction activity.
Compared with D08
Sale PSF vs D08 -4.6%
Sale PSF near district median
Soho 188's latest 12-month median sale PSF is $1,790 psf versus the D08 median of $1,876 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.98%
Rent support above district screen
Gross yield is roughly 3.98% versus a D08 screen of 2.86%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 23.8% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity +35.3%
Activity is rising
23 recent transactions versus 17 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Soho 188 against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $3,100
Is the asking rent fair?
$2,950 to $3,250 is the first fair-rent band to check. Above $3,250 should have a visible reason.
Latest 12M median sale PSF $1,790 psf
Is the purchase price fair?
$910,000 to $960,000 and $1,740 to $1,840 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $3,000
Are similar units renting for more?
1 bed and 400 to 500 sqft give the closest unit-size checks.
Rent stability 23.8% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume +35.3%
Is activity rising?
Activity is rising. 23 recent transactions versus 17 in the prior 6-month view.
Soho 188 Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 13 resale transactions
Total sold value $10.8M
Soho 188 Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 143 Jul 2021 to Jun 2026
Sale transactions 13 Aug 2021 to Jun 2026
Rent trend -6.3% Last 3 months
Sale PSF trend -3.6% Last 3 months
Soho 188 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 (NE8) 0.08 km away
FARRER PARK MRT STATION 0.27 km away
LITTLE INDIA MRT STATION 0.58 km away
Schools nearby
FARRER PARK PRIMARY SCHOOL 0.31 km away
ST. MARGARET'S SCHOOL (PRIMARY) 1.15 km away
BENDEMEER SECONDARY SCHOOL 1.72 km away
BENDEMEER PRIMARY SCHOOL 1.79 km away
Amenities
PARKLANE SHOPPING MALL Mall / retail · 1.25 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 1.84 km away
WHAMPOA PARK CONNECTOR Park / green link · 1.7 km away
ENVIRONMENT BUILDING HAWKER CENTRE Food centre · 1.87 km away
Soho 188 Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,000 45 rentals in view
Latest median sale PSF $1,876 psf 7 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 4 $3,000 1 $1,876 psf $1,050,000
May 2026 2 $3,150 1 $1,704 psf $752,000
Apr 2026 4 $2,925 0 - -
Mar 2026 2 $3,450 0 - -
Feb 2026 3 $3,200 0 - -
Jan 2026 5 $3,200 1 $1,656 psf $820,000
Dec 2025 4 $3,150 0 - -
Nov 2025 2 $3,100 0 - -
Oct 2025 2 $3,250 0 - -
Sept 2025 2 $2,750 1 $1,960 psf $1,350,000
Aug 2025 2 $3,165 1 $1,768 psf $742,000
Jul 2025 3 $3,500 0 - -
Projects Similar to Soho 188
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Tyrwhitt 139 0.7 km away 141 transactions
- Median rent
- $3,000
- Median sale PSF
- $1,527 psf
- Median rent
- $2,800
- Median sale PSF
- $1,688 psf
- Median rent
- $2,950
- Median sale PSF
- $1,685 psf
- Median rent
- $2,913
- Median sale PSF
- $1,529 psf
- Median rent
- $2,750
- Median sale PSF
- $1,447 psf
- Median rent
- $2,900
- Median sale PSF
- $1,663 psf
Soho 188 Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,000 $2,903 130
2 bed $3,350 $3,335 13
Soho 188 Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
300 to 400 sqft $3,100 $3,023 25
400 to 500 sqft $2,900 $2,799 81
500 to 600 sqft $3,300 $3,166 19
600 to 700 sqft $3,300 $3,239 18
Soho 188 Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $751,000 $1,682 psf 10
06 to 10 $890,000 $1,590 psf 3
Soho 188 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
Soho 188 shows a latest 12-month median monthly rent of $3,100 across 35 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $3,100
Rentals in period 35
Rent signal Strong
- 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
Latest 12M sales at Soho 188 show a median price of $935,000 and $1,790 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $935,000
Latest 12M median PSF $1,790 psf
Sale signal Moderate
- 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. Soho 188 has 13 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $10.8M
Latest record Jun 2026
- 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.
Run Soho 188 numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $3,100/mo Test gross and net yield against typical rent. Buy vs rent $935.0K Compare ownership cost against renting. Mortgage $935.0K Estimate monthly payment from the sale price. Stamp duty $1,790 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D08 to compare Soho 188 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.
Soho 188 FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Soho 188?
Soho 188 has a latest 12-month median monthly rent of $3,100 across 35 rentals in that period.
What is the typical sale price at Soho 188?
The latest 12-month median sale price for Soho 188 is $935,000, based on 4 sales in that period.
What is the median sale PSF at Soho 188?
The latest 12-month median sale price per square foot for Soho 188 is $1,790 psf. The average for the same period is $1,799 psf.
Is Soho 188 freehold or leasehold?
Soho 188 is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Soho 188 located?
Soho 188 is located at 188 Race Course Road Soho 188 Singapore 218612 in D08 / Little India.
How current is the Soho 188 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.