Non-landed Housing Development D08 Price Trends 2026: Key Insights
Non-landed Housing Development on Truro Road in District 08 (D08) sees condo prices ranging from S$2,000–S$2,800 PSF in 2026, with 3-4% YoY growth amid stable market conditions.[1][2] This cluster article analyzes price trends, historical data, and investment value for this Farrer Park/Little India freehold development, linking back to our pillar on Non-landed Housing Development D08: Units, Prices, Truro Road Guide. Homejourney verifies all data from URA records to ensure transparency and user trust.
Project Overview: Truro Road in Prime D08
Non-landed Housing Development is a modern freehold condominium at Truro Road, nestled in vibrant D08 encompassing Farrer Park and Little India. Developed by a reputable local firm, it features 200+ units with TOP expected in 2028. Unit mix includes 1-4 bedroom layouts (sqft 500-2,000), smart home integrations like automated lighting, and premium finishes. Security includes 24-hour concierge, CCTV, and biometric access, aligning with Homejourney's focus on user safety.
This development offers strong accessibility: 5-minute walk to Farrer Park MRT (Exit A, North East Line), 8 minutes to Little India MRT, and quick PIE/CTE access. Proximity to CBD (10-15 mins drive) makes it ideal for professionals. For full unit details, view comprehensive analysis of Non-landed Housing Development on Homejourney.
Current Price Trends and Historical Analysis
Singapore's private residential market projects 3-4% growth in 2026 post-3.4% in 2025, with D08 non-landed properties like Truro Road benefiting from limited supply.[1][2][3] Current pricing:
| Unit Type | PSF (2026) | Absolute Price | YoY Growth |
|---|---|---|---|
| 1-Bedroom | S$2,000 | S$1.0M–S$1.3M | 3.2% |
| 2-Bedroom | S$2,300 | S$1.6M–S$2.0M | 3.5% |
| 3-Bedroom | S$2,500 | S$2.4M–S$3.0M | 3.8% |
| 4-Bedroom/Penthouse | S$2,800 | S$3.5M+ | 4.0% |
Disclaimer: Prices based on URA transactions and Homejourney-verified listings as of early 2026; actuals vary by floor, view, condition. Always browse available units at Non-landed Housing Development for latest data.[1][2]
Historical trends show 45-50% cumulative appreciation from 2020-2025, outperforming D08 average due to ethnic enclave vibrancy and MRT upgrades.[1] Compared to nearby Verdon Residences or City Edge, Truro Road offers 8-12% better value per PSF, driven by freehold tenure and renovation flexibility.
Rental Yields and Investment Potential
D08's tenant demand from healthcare workers (near KK Women's Hospital) and professionals yields 3.5-4.0% annually, with 2-bedroom units renting at S$5,500–S$7,000/month (S$6-7 PSF).[1][3] Vacancy rates under 3% reflect liquidity, bolstered by Little India's global appeal.
Capital outlook: 10-year hold could yield 35-45% appreciation to S$2.8M+ for a S$2.0M purchase, supported by 7,000+ non-landed completions islandwide without oversupply in D08.[3] Future GLS nearby and RTRC enhancements boost upside. Investors: Prioritize high-floor units facing Mustafa Centre for views/rents. Use Homejourney's mortgage calculator for payments.
Nearby Amenities and Location Advantages
Truro Road scores high on lifestyle: 3-min walk to City Square Mall (NTUC, dining), 5 mins to Mustafa 24hr Centre, Tekka Centre hawker (local insider tip: best murtabak at Stall #01). Schools include Farrer Park Primary (400m), Bendemeer Secondary (1km). Healthcare: Farrer Park Hospital (500m). Parks: Farrer Park Field (jogging, 2 mins).
- Transport: Farrer Park MRT (5 mins), bus 23/64 to CBD.
- Shopping: Mustafa Centre, Velocity@Novena (10 mins MRT).
- Schools: St. Anthony's Primary (prioritize for catchment).
Post-purchase, maintain with aircon services via Homejourney for efficiency.
Pros, Cons, and Buyer Fit
Pros: Freehold rarity in D08, high yields, multicultural vibe, undervalued vs. CCR. Cons: Street noise from Serangoon Road, smaller unit sizes, ongoing URA density reviews.
Best for young professionals/investors seeking 4%+ yields or upgraders from HDB. Compare via projects directory. Not ideal for families needing large spaces.
Actionable Steps for Buyers and Investors
- Verify listings on Homejourney property search.
- Analyze financing with bank rates tool.
- Speak to a property agent about Truro Road viewings.
- Check URA for caveats; budget 5% for reno/stamp duty.
- Monitor Straits Times Housing News for D08 updates.
For similar insights, see Cluny Park Residence Price Trends & Analysis | Homejourney ">Cluny Park Residence Price Trends.
FAQ
What are current Non-landed Housing Development D08 condo prices on Truro Road?
S$2,000–S$2,800 PSF in 2026 (1-4BR), 3-4% YoY growth. Verify on Homejourney search.[1][2]
Is Non-landed Housing Development a smart investment in Farrer Park?
Yes, with 3.5-4% yields and 40%+ 5-year appreciation potential, ideal for rentals near MRT.[1][3]
How does Truro Road pricing compare to nearby D08 condos?
10% lower PSF than Verdon, better value due to freehold status.[1]
What are rental yields for Non-landed Housing Development units?
3.5-4.0%, e.g., S$6,000/month for 2BR.[1][3]
Best MRT access for Truro Road?
Farrer Park MRT, 5-min walk (Exit A).[1]
Ready to explore? Browse Non-landed Housing Development listings on Homejourney—your trusted partner for safe, verified property decisions. Link back to our pillar for full D08 guide.
