FreeholdRCRDistrict 8 (Kallang)

Suites 123

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2025 (URA)
Quick Summary

Suites 123 is a freehold apartment in District 8 (Kallang) that obtained TOP in 2011, with 37 units across 1 block. Across 70 transactions on record, units have recently transacted around S$748k (S$1,290 psf, ~581 sqft). There are 5 units for sale from S$855k to S$950k.

Key facts about Suites 123
TenureFreehold
TOP year2011
DeveloperMACLY ASSETS PTE LTD
Units37 in 1 block
District and areaDistrict 8 · Kallang · RCR
Nearest MRTFarrer Park MRT, 360 m (~6 min walk)
Latest median psfS$1,290 psf, last 12 URA caveats to Aug 2025
1

What's for sale and for rent at Suites 123?

Key Takeaway

Suites 123 has 5 units listed for sale, asking S$855k to S$950k (median S$1,635 psf), and 1 unit for rent at a median of S$3,800 a month.

For sale

5 listings

S$855k – S$950k

For rent

1 listing

S$3,800 – S$3,800 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom5S$855k–S$950kS$1,635 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Suites 123?

Key Takeaway

Floor plans for Suites 123 aren't in PropKaki's library yet. Across 70 URA caveats, units range from 388 sqft to 915 sqft, and the middle half are 474 sqft to 581 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom474 sqft to 581 sqftS$855k · S$1,635 psf

Check the Floor Plan Finder for Suites 123 →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Suites 123?

Key Takeaway

Units have recently transacted around S$748k (S$1,290 psf), at a gross rental yield of about 4.2% (URA caveat data).

Recent median price

S$748k

recent · 70 sales on record

Median PSF

S$1,290 psf

recent transactions

Median rent (monthly)

S$2,618

291 rentals on record

Gross rental yield

4.2%

indicative, gross

Units currently for sale are asking a median of S$1,635 psf — about 27% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2025.

4

What has recently sold at Suites 123?

Key Takeaway

Suites 123 has 70 recorded sales; the most recent transacted at S$933,000 in Aug 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2025S$933,000581S$1,605 psf
Jun 2024S$750,000452S$1,659 psf
Jan 2023S$1,070,000850S$1,258 psf
Dec 2020S$610,000452S$1,349 psf
Jul 2020S$638,888495S$1,290 psf
Jul 2019S$998,000850S$1,174 psf
Nov 2018S$668,000495S$1,349 psf
Oct 2018S$747,500581S$1,286 psf
Sept 2018S$747,500581S$1,286 psf
Jan 2018S$780,000581S$1,342 psf
Aug 2017S$735,000581S$1,265 psf
Nov 2016S$1,100,000840S$1,310 psf

70 sales and 291 rentals on record since Jun 2008. Source: URA.

5

Are prices at Suites 123 rising?

Key Takeaway

The median transacted PSF at Suites 123 has risen 23% over the past 12 years (20082020), from S$1,049 psf to S$1,290 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$1,290 psfS$610k2+0.3%
2018S$1,286 psfS$748k4-1.0%
2016S$1,299 psfS$755k2-18.0%
2013S$1,584 psfS$820k3+7.5%
2012S$1,474 psfS$623k2+12.4%
2011S$1,311 psfS$745k5+4.8%
2010S$1,251 psfS$620k10+19.3%
2008S$1,049 psfS$570k37

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Suites 123 a good investment?

Key Takeaway

Of 33 units at Suites 123 that were bought and later resold (bought from 2008, resold up to 2025), 91% sold for more than they were bought for, with a median gain of 20% over a median 3.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.2%. Units listed now ask about 27% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

91%

of 33 resales here

Median gain

20%

gross, before costs

Median hold

3.5 years

bought to resold

Every unit at Suites 123 with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Suites 123 and what's nearby?

Key Takeaway

Suites 123 is located in Kallang, in the Central Region of Singapore.

Suites 123 is a freehold apartment completed in 2011. It was developed by MACLY ASSETS PTE LTD. The development has 37 residential units. It sits on a land area of 10,399 sqm and has a gross floor area of 36,397 sqm. The plot ratio is 3.0.

SUITES 123 is located at 123 Rangoon Road, Singapore 218401. It is part of District 08, Little India, Kallang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Farrer Park MRT, approximately 360m away, around 6 minutes on foot. Nearby amenities include City Square Mall for shopping, AMISTA INTERNATIONAL PTE. LTD. for groceries, Pek Kio Market & Food Centre for food options, and City Green for greenery and recreation. Facilities in the development include Barbeque Area, Gymnasium room, and Swimming pool.

8

How far is Suites 123 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Suites 123 is Farrer Park MRT, about 360 m away (~6 min walk). 4 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority431 m
  • Northlight SchoolSecondary schoolwithin 1 km508 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority869 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority920 m
  • Bendemeer Secondary SchoolSecondary school1.3 km
  • St. Margaret's School (Primary)Primary school1.5 km
  • Bendemeer Primary SchoolPrimary school1.5 km
  • Anglo-Chinese School (Junior)Primary school1.5 km

Shops, food & parks

Mall: City Square Mall · 542 mSupermarket: Amista International Pte. Ltd. · 366 mHawker centre: Pek Kio Market & Food Centre · 377 mPark: City Green · 463 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Suites 123 and how big is the development?

Key Takeaway

Suites 123 was developed by MACLY ASSETS PTE LTD, with 37 units.

Developer
MACLY ASSETS PTE LTD
Blocks
1
Land area
10,399 sqm (111,934 sqft)
Gross floor area
36,397 sqm (391,774 sqft)
Plot ratio
3.00
10

What facilities does Suites 123 have?

Key Takeaway

Suites 123 has 3 facilities, including Barbeque Area, Gymnasium room, Swimming pool.

Barbeque AreaGymnasium roomSwimming pool
11

What does it cost to own a unit at Suites 123?

Key Takeaway

Buying a unit at Suites 123 (~S$748k) needs about S$5,472/mo in income and S$2,517/mo in repayments, after S$17,025 stamp duty and a S$187k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$748k) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$17,025

BSD, tiered

Downpayment (25%)

S$187k

cash + CPF

Monthly instalment

S$2,517/mo

30y @ 3.5%

Income required

S$5,472/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Suites 123?

Key Takeaway

3,678 CEA-registered agents closed at least one recorded deal in District 8 — where Suites 123 sits — in the last 12 months, across all property types.

Active agents · 12mo

3,678

District 8 · closed ≥1 deal

Deals on record

13,194

all-time · all property types

Source: CEA public transaction records, attributed to District 8 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Suites 123? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Suites 123's own transactions.

PropKaki
Is Suites 123 a good buy, and what are units selling for?

Recent units at Suites 123 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Suites 123

Is Suites 123 freehold?

Yes. Suites 123 is freehold, so ownership does not run out.

How old is Suites 123?

Suites 123 was completed (obtained TOP) in 2011, so it is about 15 years old.

Is Suites 123 a good investment?

Of 33 units at Suites 123 that were bought and later resold (bought from 2008, resold up to 2025), 91% sold for more than they were bought for, with a median gain of 20% over a median 3.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.2%. Units listed now ask about 27% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Suites 123 an EC?

No. Suites 123 is a private apartment development, not an executive condominium (EC).

Who is the developer of Suites 123?

Suites 123 was developed by MACLY ASSETS PTE LTD.

What is the price of a condo at Suites 123?

Units at Suites 123 have recently sold for around S$748k (S$1,290 psf), the median of the last 12 URA caveats to Aug 2025. The price depends on size, floor and facing. 5 units are listed for sale from S$855k to S$950k.

Where is Suites 123 located?

Suites 123 is at 123 Rangoon Road, Singapore 218401, in Kallang (District 8). The nearest MRT station is Farrer Park MRT, about 360 m away.

How many units are there in Suites 123?

Suites 123 has 37 units in 1 block.

How much do I need to earn to buy at Suites 123?

For a unit around S$748k as a first home, you'd need roughly S$5,472/mo in income (assessed at the stress-test rate), with repayments near S$2,517/mo after a S$187k (25%) downpayment and S$17,025 Buyer's Stamp Duty.

Are prices at Suites 123 going up?

The median price per square foot at Suites 123 has risen about 23% between 2008 and 2020, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Suites 123?

Farrer Park Primary School, Hong Wen School, St. Joseph's Institution Junior are within 1 km of Suites 123. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.