Type

Units

Min Area

Price Range

1 BR

388 sqft

S$720K

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$720K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$144K on this acquisition.
Located 9 min (750 m) from NE10 Potong Pasir MRT Station.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

Suites @ Topaz: Contemporary Living in Potong Pasir

Suites @ Topaz represents a thoughtfully designed residential development situated in the heart of District 12, one of Singapore's most vibrant and well-connected neighbourhoods. Located at 3 Topaz Road, this condominium project brings modern apartment living to the established Potong Pasir residential precinct, combining accessibility, convenience, and contemporary design within a compact footprint.

The development is positioned just 750 metres, or approximately nine minutes on foot, from Potong Pasir MRT Station on the North-East Line. This proximity to public transport is a defining strength of the project, placing residents within easy reach of the city centre, major employment hubs, and the broader MRT network. The station connectivity significantly enhances daily commuting efficiency and contributes meaningfully to the long-term appeal of any unit acquired at Suites @ Topaz.

Layout and Unit Composition

Suites @ Topaz offers a carefully curated mix of compact residential units, with layouts ranging from intimate one-bedroom apartments to studio configurations. Unit sizes typically hover around 388 square feet, a dimension that reflects modern urban design principles focused on maximising functional living space whilst maintaining affordability. This square footage is aligned with the preferences of young professionals, first-time buyers, and investors seeking entry-level exposure to Singapore's prime residential market.

Each unit is thoughtfully appointed with efficient floor plans that eliminate wasted circulation space. The combination of a dedicated bedroom, functional bathroom, and integrated living and kitchen areas creates a complete residential package suitable for a diverse buyer profile. Finishes across the development maintain contemporary standards without unnecessary embellishment, keeping the overall pricing competitive whilst preserving quality and durability.

Location and Neighbourhood Character

Potong Pasir has evolved into one of Singapore's most attractive residential addresses, characterised by tree-lined streets, established community facilities, and a balanced mix of older and new residential stock. The neighbourhood benefits from decades of maturation, with well-developed retail, dining, and services infrastructure supporting the local resident base. Schools, healthcare facilities, and recreational amenities are abundant within a short radius of Suites @ Topaz.

The district's relative proximity to the city centre—achievable within 20 to 25 minutes via the North-East Line—makes it an attractive option for professionals who wish to avoid the premium pricing of more central locations whilst maintaining reasonable commute times. This balance has consistently supported steady capital appreciation and rental demand across the Potong Pasir residential market over multiple property cycles.

Investment Considerations

For investors evaluating Suites @ Topaz as a rental opportunity, the development's proximity to the MRT station, compact unit sizes, and alignment with urban lifestyle preferences create a compelling profile. Units of this specification typically attract young working professionals, international students, and transient residents who prioritise convenient location and accessibility over large living areas. Rental demand in Potong Pasir remains resilient, underpinned by the area's transport connectivity and the absence of significant new supply in comparable price brackets.

The pricing structure of Suites @ Topaz, starting from S$720,000, positions units competitively within the District 12 market relative to transactions recorded over recent years. Historical per-square-foot valuations in Potong Pasir have ranged broadly, but the development's modern specifications and newly built status typically command premiums relative to older stock. Comparative analysis against recent sales transactions in the immediate vicinity provides essential context for assessing value and likely rental yields at various purchase price points.

Financing and Purchase Considerations

Prospective buyers should be aware of financing implications, particularly those purchasing Suites @ Topaz as a second residential property. Singapore Citizens acquiring a second residential property incur Additional Buyer's Stamp Duty (ABSD) at a rate of 20% on the purchase price, materially increasing the total cost of acquisition. For example, a unit priced at S$720,000 would attract ABSD of S$144,000, bringing the total stamp duty liability to approximately S$169,200 inclusive of standard BSD. This consideration is essential when evaluating affordability and return on investment for second-property purchasers.

First-time homebuyers, by contrast, benefit from full exemption from ABSD, making Suites @ Topaz a particularly attractive entry point for those purchasing their initial residential property. The development's pricing tier and compact unit specifications align well with first-time buyer budgets and lifestyle requirements, often representing an achievable milestone on the path to homeownership in Singapore's private market.

Tenure and Long-Term Viability

Understanding the lease tenure of units at Suites @ Topaz is critical for all buyers, particularly those with a multi-decade ownership horizon. Leasehold properties in Singapore experience predictable lease decay as the remaining term diminishes, which typically accelerates capital value decline once the lease falls below 60 years. Properties trading with fewer than 30 years remaining on the lease often encounter financing difficulties and compressed resale valuations. Prospective purchasers should obtain explicit confirmation of the lease commencement date and total term before committing to acquisition, ensuring clarity on the timeframe during which the property will remain financeable and readily marketable.

District Supply Dynamics and Capital Growth

District 12 has experienced measured supply growth over recent years, with selective new launch projects complementing the existing housing stock. The area's maturity, combined with limited available land for large-scale redevelopment, suggests that major supply additions are unlikely in the near to medium term. This structural scarcity supports the long-term capital appreciation potential of well-located properties such as those at Suites @ Topaz. The North-East Line's continued importance as a transport artery serving the northern and central regions of Singapore reinforces the sustained desirability of locations within walking distance of its stations.

Suites @ Topaz emerges as a carefully positioned residential development that serves multiple buyer archetypes—from first-time owner-occupiers to portfolio-building investors—within a neighbourhood recognised for its maturity, convenience, and growth potential. The development's compact specifications, contemporary design, and strategic location at the intersection of affordability and connectivity make it a notable addition to District 12's residential landscape.

Frequently Asked Questions

What is the estimated rental yield for a unit at Suites @ Topaz if purchased as an investment property?

Rental yields for compact units in Potong Pasir typically range between 3% and 5% annually, depending on the exact unit price, tenant profile, and prevailing market conditions. Units at Suites @ Topaz, given their modern specifications and proximity to Potong Pasir MRT Station, are well-positioned to attract working professionals and international students willing to pay competitive monthly rents. To calculate yield precisely, investors should obtain recent comparable rental data for one-bedroom units in the surrounding area, cross-reference against the intended purchase price, and account for ongoing property tax, maintenance fees, and management expenses. The development's location and accessibility typically support stable tenant demand and rental rate growth over medium-term ownership horizons.

How does the pricing at Suites @ Topaz compare to recent per-square-foot transaction rates in Potong Pasir?

Historical per-square-foot rates for residential units in Potong Pasir have varied considerably depending on property age, condition, and exact sub-location, typically ranging from S$850 to S$1,200 per square foot for recent resale transactions. New launch projects with modern finishes and contemporary amenities typically command premiums relative to older stock, often justifying pricing at the upper end of the district range. Units at Suites @ Topaz, priced from S$720,000 for approximately 388-square-foot units, translate to roughly S$1,855 per square foot—a figure reflecting the development's newly built status, modern design, and excellent MRT connectivity. Prospective buyers should obtain detailed comparables from the past 12 months of sales activity in the immediate 500-metre radius to contextualise value relative to competing options and recent market transactions.

What are the Additional Buyer's Stamp Duty implications for a second-property purchaser at Suites @ Topaz?

Singapore Citizens purchasing a second residential property are liable for Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. For a unit at Suites @ Topaz priced at S$720,000, ABSD would amount to S$144,000, significantly increasing the total cost of acquisition when combined with standard Buyer's Stamp Duty and other purchase expenses. This duty structure materially impacts the effective purchase price and the capital base against which rental yields or appreciation must be calculated. Second-property purchasers should factor ABSD into their financial planning and return-on-investment analysis, as this additional 20% cost directly reduces profit margins on eventual resale or impacts rental yield calculations.

How does lease decay affect long-term resale value and marketability for Suites @ Topaz units?

Leasehold properties in Singapore experience predictable capital value erosion as the remaining lease term declines, with the pace of decline typically accelerating once the property drops below 60 years remaining. Properties trading with fewer than 30 years remaining on the lease encounter significant financing obstacles and substantially compressed market valuations, as most banks restrict mortgage availability on short-lease properties. For Suites @ Topaz, confirming the lease commencement date and total tenure is essential to understanding the property's marketability window and long-term ownership viability. Buyers with ownership horizons extending 30 years or more should carefully assess the initial lease term to ensure the property will remain readily financeable and saleable throughout their intended holding period.

How does proximity to Potong Pasir MRT Station affect demand and capital appreciation for Suites @ Topaz?

Proximity to the Potong Pasir MRT Station—situated just 750 metres or nine minutes' walk from Suites @ Topaz—is a primary demand driver and capital appreciation catalyst for the development. Properties within 400 to 600 metres of an MRT station typically command 10% to 15% premiums relative to properties at equivalent distance but lacking MRT connectivity, reflecting the significant value of efficient commute accessibility. The North-East Line serves major employment and activity nodes across northern and central Singapore, making Potong Pasir station a well-utilised interchange point with sustained passenger volumes. This transport infrastructure advantage supports both owner-occupier demand from working professionals and investor appetite from those seeking stable rental income, collectively underpinning long-term capital appreciation prospects for units at Suites @ Topaz.

Is Suites @ Topaz suitable for first-time homebuyers, upgraders, and investment-focused purchasers?

Suites @ Topaz serves three distinct buyer profiles effectively. First-time homebuyers benefit from ABSD exemption and the development's entry-level pricing, making homeownership more accessible; the compact unit sizes and modern finishes align well with the requirements of young households. Upgraders transitioning from HDB flats or smaller properties appreciate the enhanced amenities, contemporary design, and District 12 location, though they incur 20% ABSD as second-property purchasers, requiring careful financial modelling. Investment-focused purchasers are attracted by the MRT proximity, strong rental demand from working professionals, and the development's new-build status, which offers a clean asset base and predictable maintenance expense profiles. The diversity of appeal across buyer segments supports sustained market demand and relative insulation from cyclical downturns affecting niche-appeal properties.

What are the TDSR and financing headroom implications for typical buyers at Suites @ Topaz?

Total Debt Service Ratio (TDSR) regulations, set at a maximum of 60% for residential mortgage borrowers, require prospective buyers to ensure their total monthly debt obligations do not exceed 60% of gross monthly income. A unit at Suites @ Topaz priced at S$720,000 with a typical 30-year mortgage at current prevailing interest rates would require monthly mortgage servicing of approximately S$3,200 to S$3,600, depending on loan amount and rate. Buyers must therefore demonstrate a monthly gross income of approximately S$5,300 to S$6,000 to comfortably service such a mortgage whilst maintaining TDSR compliance. Those carrying existing debt obligations—personal loans, car financing, or prior mortgages—require proportionately higher incomes to qualify for financing. Prospective purchasers should consult directly with mortgage advisors at major financial institutions to obtain pre-qualification estimates reflecting their individual debt profiles and income circumstances.

How does Suites @ Topaz compare to nearby competing developments in District 12?

Suites @ Topaz occupies a competitive position within the District 12 residential landscape, characterised by well-established, mature neighbourhood amenities and the North-East Line's consistent utility. Competing developments in the immediate vicinity vary considerably in age, specification, and pricing, with older stock typically trading at lower per-square-foot rates but offering less contemporary finishes and building systems. Newer condominium projects in Potong Pasir and adjacent areas may command comparable or slightly premium pricing relative to Suites @ Topaz, depending on individual project specifications and amenity offerings. A structured comparison across three to five competing properties completed within the past 12 months, evaluating per-square-foot rates, amenity packages, tenant/buyer demographics, and rental or resale velocity, provides essential context for assessing Suites @ Topaz's competitive positioning and relative value proposition within the District 12 market.

Are certain unit stacks, floor levels, or layouts at Suites @ Topaz likely to offer better value?

Value optimisation at Suites @ Topaz often correlates with floor level and orientation, with lower-floor units typically attracting modest discounts relative to mid and upper-floor equivalents, reflecting preferences for natural light, views, and perceived privacy. Mid-range floors—typically the 8th to 15th levels—often represent optimal value, balancing appealing views and natural light against marginal premium pricing relative to very low floors. Corner units and those maximising natural light and cross-ventilation typically command premiums of 3% to 7% relative to standard layouts, reflecting both owner-occupier and investor preferences. Units on the quieter side of the development, facing away from Topaz Road, may offer subtly lower pricing than those fronting the main thoroughfare, potentially representing value opportunities for noise-sensitive purchasers. Detailed review of the development's site plans and floor layouts, complemented by site visits at various times of day, enables informed assessment of which unit stacks deliver optimal value relative to pricing.

What is the future supply pipeline for residential developments in District 12, and how might it affect Suites @ Topaz values?

District 12 has experienced selective new supply additions over recent years, with the quantum of development constrained by limited vacant land availability and the area's maturity as an established residential precinct. Government land sales (GLS) or future Housing and Development Board (HDB) redevelopment initiatives remain possible vectors for incremental supply, though no major pipeline projects have been formally announced for the immediate Potong Pasir vicinity as of the present date. The relative scarcity of developable sites in this prime, well-connected district suggests that sustained supply constraints will underpin long-term capital appreciation for well-located properties such as those at Suites @ Topaz. However, prospective buyers should remain alert to any future government announcements regarding District 12 development pipelines, as unexpectedly large supply injections could temporarily moderate capital growth. The development's modern specifications and excellent MRT connectivity position units to retain demand resilience even if modest competitive supply emerges over the medium term.

[For Sale] Suites — From S$720K