The Spinnaker - 3 Units for Sale
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The Spinnaker property wasdeveloped by Palmira Pte Limited. It is a freehold apartmentsituated at 13 Suffolk Road in District 11. Completed in 2000, The Spinnaker consists of 36 units. It has an attractivelocation as it is located within the central region of Singapore, just outside the downtown core. It thus makes commercial and bustling areas such as Orchard and Tanglin easily accessible. The Spinnaker is situated in southern Novena, an upscale area popular with expats and working professionals. Restaurants from worldwide cuisines and local eateries are scattered throughout the neighbourhood, as are various national institutions, schools, and malls. Despite its wealth of amenities and attractions, The Spinnaker is located in an established residential neighbourhood, favouring peace and privacy. The Spinnaker apartment is the perfect definition of a condo that suits every lifestyle and social status of any of its residents. Made even more attractive with the presence of adequate condo facilities, it has a playground that enables children to play, a swimming pool for exercise or relaxation, and BBQ pits for gatherings and other occasions. Within the vicinity of the Spinnaker are schools such as St. Michael’s Primary School and Monk’s Hill Secondary School. Additionally, the condo boasts of a maximum 8 minute-drive to standard institutions including the Anglo-Chinese schools and the St. Joseph’s Junior Institution, as such quality education can be received without difficulty. The Spinnaker is close to beautiful social amenities to give you the best condo experience. Without doubt, the Spinnaker condo is designed for unequivocal family experience, restaurants with the best menu one can think of, banks to ensure cash transactions would go on smoothly, as well as entertainment facilities such as cinemas to spice up family gatherings with the best viewingexperience, all located close by. More so within this locality, there is a convenient pharmacy and a coffee chain for a quick drink or snack. The Spinnaker condo is strategically located just a 10-minute walk away from both Newton (Downtown Line) and Novena (North South Line) MRT stations. Several bus stops are also located within a 5-minute walk of the compound for easy access. Private vehicle owners can swiftly get onto the Pan Island Expressway and be at the business hub in around 20 minutes. Alternatively, residents driving to the Orchard Road shopping district can expect to be there within 10 minutes via Newton Road. SaizeriyaKuriya DiningVienna International Seafood Joseph’s Institution (Junior)Anglo-Chinese School (Junior)Elan & Soma Schools Singapore United Square Shopping MallGoldhill PlazaNovena Square Mall KK Women’s and Children’s HospitalPhysicians Practice Family Medical CenterThomson 24-Hour Family Clinic The Spinnaker is a high rise building consisting of fifteen floors and 36 units, mainly three bedroom apartments. It was completed in 2000 by Palmira Pte Ltd., a small-scale private real estate developer. The property has an average PSF value of S$ 1,482 – S$ 1,529. Individual units are sold at a price of S$ 1,700,000 – S$ 3,500,000, and rented out at rates of S$ 3,000 – S$5,000. The apartment layouts were designed for privacy and luxury, and as such units are exclusive and highly-sought due to their low supply and ideal location within central Singapore. Project Name: The SpinnakerType: Freehold ApartmentDistrict: 11 Unit Types:3-bedroom (1,300 – 2280 sqft) The following developments are in the same neighbourhood as The Spinnaker:1 Moulmein Rise10 Evelyn10 Shelford
DeveloperPalmira Pte Ltd
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Current search activity indicates that the project still features in the Newton / Novena market's browsing mix, according to PropertyGuru's 30-day search trends. The development remains visible within recent local search activity among active market participants, showing a consistent presence in the area.
Most-searched Units: 2-BedroomPricing by Unit Types:
- 3-Bedroom Units:
- Avg Asking Price: S$ 2.80M
- Avg PSF: S$ 2,016 psf (10.91% lower compared to Newton / Novena average of S$ 2,263 psf)
- Available Units: 1
- 4-Bedroom Units:
- Avg Asking Price: S$ 4.35M
- Avg PSF: S$ 1,906 psf (12.22% lower compared to Newton / Novena average of S$ 2,171 psf)
- Available Units: 1
- NEWTON MRT STATION (1022m, 12-13 mins) — Access both the North South and Downtown Lines, making it easy to reach the Bukit Timah education belt or the city center.
Bus Stops (39 within 1 km):
- OPP UNITED SQ (356m, 4-5 mins) — Convenient boarding point for several bus services heading towards different parts of the island.
- OPPOSITE CARLISLE ROAD (427m, 5-6 mins) — Nearby stop that offers additional route options for residents traveling locally.
Education & Early Learning:
- GUG PRESCHOOL @ THOMSON (246m, 2-3 mins) — A very short walk for parents with young children, making morning drop-offs quick and stress-free.
- ST JOSEPH'S INSTITUTION (JUNIOR) (565m, 6-7 mins) — A reputable primary school located within a comfortable walking distance for families.
- THOMSON ROAD BAPTIST KINDERGARTEN (329m, 3-4 mins) — Another nearby early childhood option providing convenience for residents with toddlers.
Healthcare & Wellness:
- KANDANG KERBAU WOMENS AND CHILDRENS HOSPITAL (589m, 7-8 mins) — Proximity to a major specialized hospital provides peace of mind for families with children.
- ANIMAL INFIRMARY (426m, 5-6 mins) — Handy veterinary services nearby for residents with pets.
- GUARDIAN (799m, 9-10 mins) — Easy access to a well-known pharmacy for daily health and personal care needs.
Shopping & Retail:
- UNITED SQUARE (488m, 5-6 mins) — A popular family-oriented mall nearby that caters to all your shopping and enrichment needs.
- COLD STORAGE (561m, 6-7 mins) — High-quality grocery shopping is just a short stroll away for fresh daily supplies.
- LITTLE FARMS (593m, 7-8 mins) — Great for residents looking for specialty produce and premium grocery options in the neighborhood.
Dining & Food:
- SAIZERIYA (482m, 5-6 mins) — Affordable and casual dining option perfect for a quick family meal.
- BAKERZN (499m, 6-7 mins) — A local spot for fresh bakes and coffee right in the vicinity.
- STARBUCKS (510m, 6-7 mins) — Conveniently located for a morning caffeine fix or a casual meeting spot.
Convenience Stores:
- 7-ELEVEN (540m, 6-7 mins) — Quick access to 24-hour essentials and snacks just down the road.
PLACES OF WORSHIP:
- TASEK UTARA MOSQUE (761m, 9-10 mins) — Local place of worship located within the immediate neighborhood.
Highly attractive for: Young Families, Healthcare Professionals, Urban Investors, and Established Couples.
The Spinnaker maintains a presence in the market characterized by its current valuation and modest rental activity.
- PSF Appreciation: The current median price stands at S$1,849.5 psf for 2025.
- Expected Rental Yield: At 2.31%, this reflects a moderate return for investors.
- Transactions: There were 4 rental transactions in the last 6 months, indicating modest rental activity.
- PG Pulse Insight: With a current median of S$1,849.5 psf and a moderate rental yield of 2.31%, the project shows limited but stable transaction volume.
Published date: May 25, 2026