28 Rc Suites
Race Course Lane · D08 · Rest of central region · Apartment
The median sale at 28 Rc Suites was $755,000 — $1,665 psf — across 15 transactions between Dec 2021 and Dec 2025. Freehold.
Figures here are based on 15 sales.
28 Rc Suites saw two sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
What it costs per month of lease
28 Rc Suites is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021two sales$1295
- 2022three sales$1626
- 2023three sales$1722
- 2024two sales$1593
- 2025five sales$1765
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $805,000 | $1,295 psf | 2 |
| 2022 | $700,000 | $1,626 psf | 3 |
| 2023 | $750,000 | $1,722 psf | 3 |
| 2024 | $932,500 | $1,593 psf | 2 |
| 2025 | $760,000 | $1,765 psf | 5 |
What it rents for
URA’s median of rental contracts lodged at 28 Rc Suites in 2026Q2, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D08
- Piccadilly Grand · $2,160 psf
- Uptown @ Farrer · $1,958 psf
- Citylights · $1,844 psf
- City Square Residences · $1,992 psf
- Cityscape @Farrer Park · $1,634 psf
- Kerrisdale · $1,483 psf
- Sturdee Residences · $2,053 psf
- Forte Suites · $1,825 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.