D08 Little India

CITYLIGHTS

JELLICOE ROAD · District 08 · 99 yrs lease commencing from 2004

Median Price

S$1.5M

124 transactions

Price Range

S$910K - S$3.8M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$5.79 psf

per month

CITYLIGHTS Price Analysis

CITYLIGHTS is a leasehold development on JELLICOE ROAD in District 08 (Little India). According to URA transaction records, 124 private residential transactions have been recorded at this development, with a median price of S$1,482,500. Prices range from S$910K for the smallest units to S$3.8M for premium configurations.

The development offers units across 5 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$1,160,000. Larger units (5+ bed (170+ sqm)) trade at S$3,000,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at CITYLIGHTS. High-floor units (36-40) command a median of S$2,780,000, while low-floor units (06-10) sell for S$1,322,500. That is a 110% premium for higher floors, worth S$1.5M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, CITYLIGHTS commands an average of S$5.79 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.0%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

36-40

S$2.8M

9 txns

01-05

S$2.0M

5 txns

16-20

S$1.5M

20 txns

26-30

S$1.5M

17 txns

21-25

S$1.4M

18 txns

11-15

S$1.4M

22 txns

31-35

S$1.4M

15 txns

06-10

S$1.3M

18 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
1-Bed (50-70 sqm)	S$1.2M	60 sqm	55
2-Bed (70-100 sqm)	S$1.6M	83 sqm	38
3-Bed (100-130 sqm)	S$2.4M	125 sqm	15
4-Bed (130-170 sqm)	S$2.2M	134 sqm	11
5+ Bed (170+ sqm)	S$3M	201 sqm	5

FAQ

What is the average price of CITYLIGHTS?

The median transaction price at CITYLIGHTS is S$1,482,500, based on 124 URA-recorded transactions. Prices range from S$910K to S$3.8M.

Does floor level affect prices at CITYLIGHTS?

Yes. High-floor units (36-40) sell for a median of S$2,780,000, while low-floor units (06-10) sell for S$1,322,500. That is a 110% premium for higher floors.

What is the rental rate at CITYLIGHTS?

The average rental rate at CITYLIGHTS is approximately S$5.79 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.