homequant
condo · 268844

Spanish Village

Project page · Freehold

Indicative value range
S$3,282,382 – S$3,400,380
Indicative mid S$3,357,168 · S$2,181 psf

Based on 3 sales in this project, last 12 months. Search widened 1 of 4 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Freehold tenure: the lease method is for 99-year leasehold only.

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqftIndex ×Adjusted
May 2026Spanish Village01-051,668 sqftS$3,638,888S$2,181 psf×1.000S$2,181 psf
Feb 2026Spanish Village01-051,593 sqftS$3,500,000S$2,197 psf×1.018S$2,237 psf
Jan 2026Spanish Village01-051,539 sqftS$3,150,000S$2,046 psf×1.018S$2,084 psf

How accurate is this estimate for Spanish Village?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 4 sales in Spanish Village since.

Median error
3.5%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

A thin test: 4 sales, so read the figure as a hint, not a verdict.

What the rent says

What this home earns against what it costs, set beside what homes like it earn.

1.93% gross yield

S$64,800 of rent a year against the estimate above · 0.7 points below flats like it

Leases signed here within a quarter of this size run about S$5,400 a month, the middle of 49 of them.

In the core central region, freehold flats yield 2.63%, from 820 projects. Too few share this home's remaining lease to measure that separately.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q3 20262000-2100 sqft3Non-landed PropertiesS$8,000
Q3 20262000-2100 sqft3Non-landed PropertiesS$8,000
Q3 20262000-2100 sqft3Non-landed PropertiesS$7,500
Q3 20262000-2100 sqft3Non-landed PropertiesS$7,500
Q3 20262000-2100 sqft3Non-landed PropertiesS$6,200
Q3 20262000-2100 sqft3Non-landed PropertiesS$6,200
Q3 20261600-1700 sqft3Non-landed PropertiesS$6,000
Q3 20261600-1700 sqft3Non-landed PropertiesS$6,000

median of 49 URA rental contracts at Spanish Village within a quarter of 143 sqm, since 2025Q4.

Buying or selling at S$3,357,168?

Buying: Stamp duty on S$3,357,168 · Cash and CPF needed on S$3,357,168 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$3,357,168.

Each opens with this figure filled in; change anything there.

Primary schools near 56 Farrer Road

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Oct 2026
Spanish Village · 01-05 · Condominium
700 sqftS$1,580,000S$2,258 psf
May 2026
Spanish Village · 01-05 · Condominium
1,668 sqftS$3,638,888S$2,181 psf
Feb 2026
Spanish Village · 01-05 · Condominium
1,593 sqftS$3,500,000S$2,197 psf
Jan 2026
Spanish Village · 01-05 · Condominium
1,539 sqftS$3,150,000S$2,046 psf
Sept 2025
Spanish Village · 01-05 · Condominium
1,701 sqftS$3,700,000S$2,176 psf
May 2025
Spanish Village · 01-05 · Condominium
1,163 sqftS$2,300,000S$1,978 psf
May 2025
Spanish Village · 01-05 · Condominium
775 sqftS$1,550,000S$2,000 psf
Feb 2025
Spanish Village · 01-05 · Condominium
1,615 sqftS$3,260,000S$2,019 psf
Jan 2025
Spanish Village · 01-05 · Condominium
786 sqftS$1,680,000S$2,138 psf
Jul 2024
Spanish Village · 01-05 · Condominium
1,615 sqftS$3,228,800S$2,000 psf
May 2024
Spanish Village · 01-05 · Condominium
1,249 sqftS$2,460,000S$1,970 psf
Apr 2024
Spanish Village · 01-05 · Condominium
2,056 sqftS$4,200,000S$2,043 psf
Apr 2024
Spanish Village · 01-05 · Condominium
1,163 sqftS$2,600,000S$2,237 psf
Sept 2023
Spanish Village · 01-05 · Condominium
1,109 sqftS$2,638,000S$2,379 psf
May 2023
Spanish Village · 01-05 · Condominium
1,539 sqftS$3,232,000S$2,100 psf
Jul 2022
Spanish Village · 01-05 · Condominium
1,604 sqftS$3,180,000S$1,983 psf
Jun 2022
Spanish Village · 01-05 · Condominium
1,668 sqftS$3,280,000S$1,966 psf
May 2022
Spanish Village · 01-05 · Condominium
700 sqftS$1,450,000S$2,072 psf
May 2022
Spanish Village · 01-05 · Condominium
775 sqftS$1,550,000S$2,000 psf
May 2022
Spanish Village · 01-05 · Condominium
1,539 sqftS$3,080,000S$2,001 psf
Mar 2022
Spanish Village · 01-05 · Condominium
1,604 sqftS$3,000,000S$1,871 psf
Feb 2022
Spanish Village · 01-05 · Condominium
1,604 sqftS$3,150,000S$1,964 psf

Sale prices as filed in caveats.

Indicative estimate from comparable caveats. Not a formal valuation.