District 10 · Newton · CCR
Draycott Eight
Draycott Park · Condominium · 99 yrs lease commencing from 1997
Current PSF
$2,189
-3.1% vs district median
Gross yield
3.2%
median rent $16,500/mo
3-year gain
6.9%
Transactions · 5y
36
12 in last 12 months
Nearest MRT
Newton Mrt Station · 700.849m
DTL,NSL
Future MRT
Bright Hill Mrt Station
CRL · 2030
Vs local HDB
-
Area income
-
residential 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
-17.2%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
10%
PSF dispersion within project
The neighbourhood
P1 ring
Anglo-Chinese School (Primary) 861m · Phase 2C 1.5× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Food
Newton Food Centre · 824m
Green
Goldhill Ave Pg · 1.1km
Mall
Far East Shopping Centre · 695m
Health
Mount Elizabeth Hospital (hospital) · 778m
Who lives in Newton
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
8,260
Median age
43 yrs
45% under 40 · steady
Children 0–9
970
▲ 26% since 2015 · future P1 demand
Homes
0% HDB
90% condo · 7% landed
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Master Plan 2025720m from Newton - ~5,000 new homes announced
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $2,157 psf - 3% below units on floors 1–5 ($2,216 psf).
Price trend average PSF by year
2021
$1,903
2022
$2,104
+10.6%
2023
$2,061
-2%
2024
$2,014
-2.3%
2025
$2,170
+7.7%
2026
$2,203
+1.5%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $7,500/mo | $5.17 | 2.8% | 73 |
| 4BR | $18,000/mo | $6.32 | 3.5% | 141 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $7,500,000 | 2,906 | $2,581 | 21-25 |
| Jun 2026 | $6,965,810 | 2,906 | $2,397 | 11-15 |
| May 2026 | $6,180,000 | 2,895 | $2,134 | 01-05 |
| Apr 2026 | $3,050,000 | 1,561 | $1,954 | 16-20 |
| Mar 2026 | $3,000,000 | 1,798 | $1,669 | 06-10 |
| Feb 2026 | $2,700,000 | 1,173 | $2,301 | 01-05 |
| Jan 2026 | $2,780,000 | 1,173 | $2,369 | 06-10 |
| Jan 2026 | $2,600,000 | 1,173 | $2,216 | 01-05 |
| Dec 2025 | $3,300,000 | 1,485 | $2,222 | 11-15 |
| Nov 2025 | $6,200,000 | 2,895 | $2,141 | 21-25 |
HomeRadar AIlive
Ask anything about DRAYCOTT EIGHT
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.