District 02 · Outram · RCR
Craig Place
Craig Road · Apartment · 99 yrs lease commencing from 1997
Current PSF
$2,159
-3.8% vs district median
Gross yield
3.8%
median rent $4,000/mo
3-year gain
-1.5%
Transactions · 5y
12
1 in last 12 months
Nearest MRT
Maxwell Mrt Station · 334.877m
TEL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
-
Area income
$7,500/mo median
mixed zone
En-bloc potential35 / 100
29 years old · composite of plot use, age, tenure, value gap & size
Lease decay70 years left
worth 86.0%of freehold today (Bala’s Table) · loses ~6.0pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
7%
PSF dispersion within project
The neighbourhood
P1 ring
Cantonment Primary School 391m · Phase 2C 0.3× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Outram Secondary School · 1.1km
Food
Tanjong Pagar Plaza Blk 6 (Blk 6 Tanjong Pagar Plaza Market And Food Centre) · 179m - 6 hawker centres within 1km
Green
Duxton Plain Pk · 67m - 7 parks within 1km
Mall
Marina Bay Link Mall · 1.2km
Health
Singhealth Polyclinics (Outram Polyclinic) (polyclinic) · 469m
Who lives in Outram
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
18,340
Median age
49 yrs
36% under 40 · getting older
Children 0–9
1,450
▼ 39% since 2015 · future P1 demand
Household size
2.4 avg
Homes
93% HDB
5% condo · 0% landed
Degree holders
28%
residents 15+
Commute
57% transit
11% drive
45 min+ to work
16%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2021
$1,818
2022
$1,757
-3.4%
2023
$2,193
+24.8%
2024
$1,896
-13.5%
2025
$2,026
+6.9%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,800/mo | $6.91 | 3.8% | 83 |
| 2BR | $4,550/mo | $6.07 | 3.4% | 30 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Oct 2025 | $1,580,000 | 732 | $2,159 | 11-15 |
| Jul 2025 | $1,080,000 | 570 | $1,893 | 06-10 |
| Dec 2024 | $1,450,000 | 732 | $1,981 | 11-15 |
| May 2024 | $1,080,000 | 570 | $1,893 | 06-10 |
| Apr 2024 | $1,056,000 | 560 | $1,887 | 06-10 |
| Mar 2024 | $1,020,000 | 560 | $1,822 | 11-15 |
| Nov 2023 | $1,388,800 | 560 | $2,481 | 06-10 |
| Jan 2023 | $1,250,000 | 657 | $1,904 | 11-15 |
| Nov 2022 | $1,080,000 | 570 | $1,893 | 06-10 |
| Sept 2022 | $1,380,000 | 732 | $1,885 | 06-10 |
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More in District 02
The HDB blocks next door
The entry point, measured: what the resale flats around Craig Place actually sell for - this project trades at 2.4× the nearest block’s PSF.