The Spinnaker - 2 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$5,000. The apartment layouts were designed for privacy and luxury, and as such units are exclusive and highly-sought due to their low supply and ideal location within central Singapore. Project Name: The SpinnakerType: Freehold ApartmentDistrict: 11 Unit Types:3-bedroom (1,300 – 2280 sqft) The following developments are in the same neighbourhood as The Spinnaker:1 Moulmein Rise10 Evelyn10 Shelford
DeveloperPalmira Pte Ltd
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Current search activity indicates the project still features in the Newton / Novena market's browsing mix, drawing on 30 days of PropertyGuru search activity. The development remains visible within ongoing local property search behaviour, ensuring it stays part of the consideration set for those exploring this central residential hub.
Most-searched Units: 3-BedroomPricing by Unit Types:
- 3-Bedroom Units:
- Avg Asking Price: S$ 3.58M
- Avg PSF: S$ 1,961 psf (21.66% lower compared to Newton / Novena average of S$ 2,503 psf)
- Available Units: 2
- NEWTON MRT STATION (1022m, 12-13 mins) — Access both the North-South and Downtown Lines, making it easy to travel across the island from a single point.
- OPP UNITED SQ (356m, 4-5 mins) — Frequent bus services right outside the mall for quick trips around the Novena and Newton areas.
- OPP CARLISLE RD (427m, 5-6 mins) — Convenient stop for residents to catch local buses heading towards the city center.
- GUG PRESCHOOL @ THOMSON (246m, 2-3 mins) — A very short walk for parents with young children, offering early childhood programs right in the neighborhood.
- ST JOSEPH'S INSTITUTION (JUNIOR) (565m, 6-7 mins) — A reputable primary school located within a comfortable walking distance for young students.
- THOMSON ROAD BAPTIST KINDERGARTEN (329m, 3-4 mins) — Another nearby option for early education, making the morning school run much simpler for families.
- KANDANG KERBAU WOMENS AND CHILDRENS HOSPITAL (589m, 7-8 mins) — Proximity to Singapore's leading specialized hospital for women and children provides peace of mind for families.
- ANIMAL INFIRMARY (426m, 5-6 mins) — Handy veterinary services nearby for residents with pets.
- GUARDIAN (799m, 9-10 mins) — Quick access to pharmacy and personal care essentials located within the nearby shopping cluster.
- UNITED SQUARE (488m, 5-6 mins) — A popular family-oriented mall featuring a wide range of enrichment centers, retail shops, and services.
- COLD STORAGE (561m, 6-7 mins) — High-quality groceries and fresh produce are easily available for daily cooking needs.
- LITTLE FARMS (593m, 7-8 mins) — Great for residents looking for specialty organic products and premium grocery options.
- SAIZERIYA (482m, 5-6 mins) — Affordable and casual Italian dining located just a short stroll away at the nearby mall.
- MCDONALDS (484m, 5-6 mins) — A convenient spot for a quick meal or late-night snack within easy reach.
- STARBUCKS (510m, 6-7 mins) — Perfect for a morning coffee or a casual place to work and meet friends nearby.
- 7-ELEVEN (540m, 6-7 mins) — Reliable 24-hour access to snacks and daily essentials just down the road.
- TASEK UTARA MOSQUE (761m, 9-10 mins) — A local place of worship within walking distance for the community.
Highly attractive for: Young Families, Healthcare Professionals, Urban Professionals, and Investors.
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: July 1, 2026













