Housing Market

7 Most Affordable Freehold Condos Near The MRT To KIV If You Want That Condo Life On A Budget

22 June 2022 | BY

Give up some square footage for these smaller condo units if you want luxuries without breaking the bank.


Many dream of the luxuries associated with condos such as the facilities offered and fancier interiors, but dread the hefty price tag which often follows. If you don’t mind sacrificing a bit of space for the comforts of a condo, then you might want to put these smaller condo units on your radar. 

Here’s a list of 7 freehold condos that you can own that cost as little as $550,000, and are also conveniently located within walking distance of malls, supermarkets and even MRT stations. 

1. City Loft – From $599,000

Freehold CondoImage Credit: @throughmyl3ica

Price: $ 599,000-$1,300,000
Closest MRT: Farrer Park MRT

City Loft is a 6-storey freehold condo with a 2011 Temporary Occupation Permit (TOP)and a total of 40 units located on Race Course Road. The development offers a variety of 1-bedroom, 1-bathroom (300-500sqft) and 2-bedroom, 2-bathroom (700-1,000sqft) layouts. 

Residents are entitled to facilities such as a gym, swimming pool and even a jacuzzi to kick back and enjoy after a tiring week at work. It’s conveniently located just a mere 5-minute walk from Farrer Park MRT and a stone’s throw away from malls such as City Square Mall, Jalan Besar Plaza, Bendemeer Mall, New World Center and  Aperia Mall. It is also a 10-minute drive (7.1 km) to the CBD.

Freehold CondoImage Credit: @throughmyl3ica

Curious foodies may get a Bak Kut Teh fix by dropping in at the neighbouring beloved Ng Ah Sio restaurant which has been dishing out aromatic herbal bowls since the early 1950s.

2. Prime Residence – From $580,000

Freehold CondoImage Credit: @throughmyl3ica 

Price: $ 580,000-$799,000
Closest MRT: Mountbatten MRT

Prime Residence is located along the busy stretch at Lorong 22 Geylang with a total of 39 units. It reached TOP in 2014 and offers a range of floor plans from 1-bedroom, 1-bathroom (441-538sqft) units all the way to 4-bed, 3-bathroom units that span 1,722sqft. The condo has typical amenities such as a rooftop pool, jacuzzi and gym.

Just an 8-minute walk from Mountbatten MRT and a 10-minute drive to town, Prime Residence even provides a feeder bus service in the event of bad weather or a case of lazy bones. For the more active, neighbouring parks such as Arena Park, Dakota Green and Riverside Park are close by to release one’s inner gazelle.

The condo is also conveniently situated near multiple supermarkets such as FairPrice Jalan Tiga and Sheng Shiong, schools like Geylang Methodist School and Iroha Kindergarten and even Tekka Mart.

Freehold CondoImage credit: @gspasingapore

Just around the corner is the 24-hour Gspa where one could wind down with relaxing spa treatments such as body massages, facials and foot reflexology from $163. 

3. Le Regal – From $578,000 

Freehold CondoImage Credit: @throughmyl3ica

Price: S$ 578,000 – S$825,000
Closest MRT: Aljunied MRT

Take a moment to admire Le Regal’s frontage from afar with its unique, colourful pops of colour. With a 2016 TOP, this condo consists of 5 storeys and a total of 88 units with a mix of 1-bedroom (300-700sqft) and 2-bedroom (500-1,000sqft) layouts.

Freehold CondoImage Credit: ilivesg, LE Regal

While it offers one of the smallest 1- bedroom units on the market starting from 300sqft, each unit comes with a good-sized balcony to send any claustrophobia on its way. Residents have access to a gym, swimming pool, BBQ area, function room and even a playground for the little ones.

Freehold CondoImage Credit: @throughmyl3ica

The condo is located 7 minutes from Aljunied MRT and an 8-minute walk to Guillemard Village where one could easily drop by and shop for their daily necessities. Its proximity to the bustling Geylang road promises a short and convenient walk to eateries such as Mufiz Prata Corner, Geylang Lor 9 Fresh Frog Porridge, Banh Mi Thit and Geylang Drip City.

4. La Fleur – From $595,000

Freehold CondoImage Credit: @throughmyl3ica

Price: $595,000-$808,000
Closest MRT: Aljunied MRT

Freehold CondoImage Credit: SRX

La Fleur is an 8-storey, 2-block building with a total of 58 units that hit its TOP in 2014. The property offers a variety of configurations from 1-bedroom units (400-500sqft) with a wide kitchen and living room. It also offers residents an open-aired swimming pool nestled within the second-storey courtyard to cool off in Singapore’s hot weather. 

It sits on Lorong 26 Geylang and is a 7-minute walk from Aljunied MRT with City Plaza and Paya Lebar Square nearby. In terms of school options, there’s Geylang Methodist School, Broadrick Secondary School and Dunman High School in the vicinity, making it appealing to couples with children.

5. Suites @ Sims – From $550,000

Freehold CondoImage Credit: @throughmyl3ica

Price: $550,000-$1,300,000
Closest MRT: Aljunied MRT

Freehold CondoImage credit: Suitesatsims

Cheaper condos aren’t normally known for their spacious floor plans, but Suites @ Sims strikes a fine balance by offering 1-bedroom (300-800sqft), 2-bedroom (500-1,000sqft) and even 3-bedroom (937sqft) layouts with a total of 48 units in the entire development. 

While one can expect to pay slightly over a million dollars for a small shoebox unit, their 2-bedroom units are also reasonably priced at just $795K (based on a transaction made in Nov 21).

This property is conveniently located a 7-minute walk from Aljunied MRT and even has a 2-bedroom penthouse option (753sqft) priced at $ 1,128,000 featuring a private jacuzzi and rooftop terrace. 

Freehold CondoImage Credit: @throughmyl3ica

All residents are entitled to the shared facilities such as the rooftop pool boasting panoramic views, BBQ area to chill with friends after work or on the weekends, playground, fully equipped gym and jogging track. Some might even consider getting a breath of fresh air whilst taking a stroll at the nearby Geylang river.

Daily grocery shopping can be done at nearby malls such as Parkway Parade, Paya Lebar Square, City Plaza and Tanjong Katong Complex.

6. Cavan Suites – From $580,000

Freehold CondoImage Credit: @throughmyl3ica

Price: $580,000-$888,000
Closest MRT: Bendemeer MRT

Freehold CondoImage credit: Propnex, Alfred Chee

The Cavan Suites is a 6-storey condo located at Cavan Road with a 2013 TOP. In terms of amenities, the condo has everything from a swimming pool, gym and bbq area. It is only a 7-minute walk to Bendemeer MRT. Although units offered are limited to 1-bedroom options, each of the 36 units varies in size ranging from 334-463sqft.

It sits atop a row of shops, with the Jalan Besar Swimming Complex and Sports Centre just down the road for fitness enthusiasts. The condo is located just 10 minutes from the CBD by car, providing residents with easier access to Orchard Road, Bukit Timah and its surroundings. 

As for dining options, you’ve got everything from the likes of Swee Choon, Chye Seng Huat Hardware and Don Signature Crab within walking distance.

7. Viva Vista – From $600,000

Freehold CondoImage Credit: @throughmyl3ica

Freehold CondoImage credit: ST Property

Towards the west of our sunny island, Viva Vista is a freehold condo situated along South Buona Vista Road with a 2014 TOP. It offers only 1-bedroom or 2-bedroom layouts ranging between 344-2,076sqft making it ideal for all family types from young couples and singles to those with children.

Residents would be able to enjoy facilities such as a gym and swimming pool. However, it comes at a slightly higher price with units available from $649,000. It’s a 6-minute walk to Haw Par Villa MRT and a short drive away from the Alexandra Retail Center and even the National University of Singapore and various other educational institutions.

Freehold CondoImage Credit: @throughmyl3ica

Cafe hoppers would be spoilt for choice in the surrounding neighbourhood with eateries such as Barrels, Hooha Cafe and Curry Village. One can even take a leisurely stroll at Kent Ridge Park and be rewarded with a panoramic view of the port.

Cheapest freehold condos near MRT stations

Condos are notoriously expensive, but affordable freehold options that are conveniently located do exist – you just might need to lower your expectations where space is concerned. 

If you’re a single or newly married couple looking for a smaller space as your first property, keep these cheap condos on your list. 

Sure, some of them may lack the complete list of frills that come with other larger condo developments such as a tennis court, multiple lap pools, a guardhouse and round-the-clock security, but these will still serve as good investments seeing as they’re all freehold and quite centrally located. 

Check out our other condo-related articles here: 

Cover image updated from: @throughmyl3ica, @throughmyl3ica, @throughmyl3ica

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