Type

Units

Min Area

Price Range

4+ BR

7441 sqft

From S$14.9XM

Property Highlights

Brand-new freehold semi-detached house with 7 bedrooms and 7 bathrooms spanning 7,441 sqft
Four-storey design with private lift, resort-style swimming pool, and landscaped grounds
Located within 5 minutes' walk of Stevens MRT Station (TE11), excellent connectivity to the city
Rare opportunity in a prime residential enclave combining luxury, space, and investment potential
Positioned for high-net-worth buyers seeking exclusive family residences with premium amenities

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Ref: 60194813

Exceptional Freehold Living at Stevens: A Four-Storey Masterpiece

This brand-new semi-detached mansion represents one of the finest residential offerings in the Stevens precinct, a neighbourhood synonymous with luxury and exclusivity. Priced at S$14,980,000, the property delivers an extraordinary lifestyle proposition for discerning buyers seeking substantial space, bespoke design, and proximity to one of Singapore's most sought-after MRT stations.

The home unfolds across four generous storeys, each thoughtfully designed to maximise both comfort and functionality. The architectural composition reflects contemporary luxury, with every level serving distinct purposes—from entertaining spaces and family living to private quarters and recreational facilities. The integration of a private lift ensures seamless movement throughout the residence, a hallmark feature rarely found in semi-detached properties and eliminating the inconvenience of traditional multi-storey navigation.

Space and Layout Excellence

With seven bedrooms and seven bathrooms, this residence caters comfortably to large families, multi-generational living arrangements, or those requiring dedicated home office and guest accommodation. The 7,441 sqft of internal floor space provides exceptional breathing room compared to typical Singapore residences, allowing for specialised rooms, expansive living areas, and privacy for all household members. The land parcel of 3,087 sqft further underscores the generous proportions available—a considerable footprint in an established residential district.

Room configurations offer flexibility for various lifestyles. Master suites can be positioned across separate levels, guest bedrooms on dedicated floors, and support spaces including studies, entertainment lounges, and utility areas distributed throughout. This architectural liberty enables owners to personalise the home according to precise requirements without the constraints common to compact urban properties.

Resort-Style Amenities and Outdoor Living

A defining feature of this residence is the swimming pool, a luxurious addition that transforms the outdoor experience into a resort-like retreat. Rather than a standard backyard pool, the design emphasises aesthetic integration with thoughtfully planned landscaping that creates coherent outdoor zones. Hardscaping, water features, and plantings work in concert to establish multiple entertaining areas, from casual poolside lounging to formal garden spaces suitable for gatherings.

The landscaping philosophy extends beyond mere decoration; it establishes privacy boundaries, manages sight lines, and creates distinct microclimates within the grounds. Native and exotic plantings provide seasonal interest whilst maintaining the manicured appearance befitting a property of this calibre. This level of horticultural planning ensures the outdoor environment remains an asset rather than a maintenance burden.

Strategic Location and Transport Connectivity

Stevens is recognised as one of Singapore's most prestigious residential addresses, and this property capitalises on that positioning. The proximity to Stevens MRT Station—merely 390 metres away, translating to approximately five minutes on foot—delivers exceptional transport connectivity without the noise and visual intrusion associated with being directly adjacent to the station. This sweet spot offers the best of both worlds: easy access to the Thomson-East Coast Line (TE11) whilst maintaining the tranquility expected in this neighbourhood.

From Stevens station, commuters enjoy rapid connections across the eastern and central corridors of Singapore's expanding MRT network. The Thomson-East Coast Line provides direct routes to key business districts, making this location attractive for professionals maintaining Singapore offices. The walkability to the MRT station also enhances long-term property desirability, as transport infrastructure remains one of the primary drivers of residential capital appreciation.

Freehold Tenure and Investment Security

The freehold status represents a fundamental advantage in Singapore's property market. Unlike leasehold properties, which experience lease decay and declining residual value as the lease term contracts, freehold land ownership remains perpetual and undiminished by time. This architectural and legal permanence provides psychological comfort to owner-occupiers and maintains stronger investor appeal across market cycles. For multi-generational families or those prioritising long-term wealth preservation, freehold tenure eliminates the future challenge of extensive renovation requirements tied to lease renewal windows.

The investment thesis for freehold properties in this location remains compelling. Stevens has demonstrated consistent capital appreciation over recent years, driven by limited new supply, strong demand from established expatriate communities, and the neighbourhood's established reputation. Ownership of an undying interest in scarce urban land represents a tangible asset class that transcends the cyclical nature of many property investments.

Suitability for Premium Buyer Profiles

This residence appeals most strongly to high-net-worth individuals and families seeking an exclusive primary residence. The scale, amenity set, and location align with the expectations of executive-level professionals, business owners, and established families accustomed to premium living standards. The property accommodates extended family visits and provides sufficient space for household staff, a consideration for some affluent households.

Investors viewing this property as a rental asset should note the limited market for ultra-luxury semi-detached properties; such residences typically attract owner-occupiers rather than tenants. However, the strong demand from expatriates on premium relocation packages, diplomatic missions, and senior corporate executives creates a niche but resilient rental market at comparable levels. Professional property management can position the home as a high-yielding asset within its category, though prospective investor-owners should conduct thorough due diligence on comparable rental evidence.

Market Position and Competitive Context

At approximately S$2,015 per square foot of internal floor area, this property positions itself in the ultra-premium segment of the detached and semi-detached market. Recent transactions in Stevens and adjacent precincts including Clementi Park and Bukit Timah have evidenced strong per-square-foot valuations for freehold properties, particularly those offering the combination of scale and contemporary design found here. This pricing reflects not merely the physical property but the scarcity value attached to freehold land in Singapore's constrained housing market.

The new construction status provides value through the absence of deferred maintenance, compliance with current building codes, and contemporary specifications throughout. Buyers avoid the capital expenditure typically required to upgrade ageing systems and finishes, a significant consideration at this price point where quality expectations are exacting.

Financing and Tax Considerations

Prospective purchasers should engage early with financial advisors regarding financing structures. At S$14,980,000, the property likely qualifies for bank financing, though loan-to-value ratios for ultra-premium properties are typically more conservative than for standard residential assets. Buyers should anticipate immediate costs beyond the purchase price, including stamp duties, legal fees, and potential Additional Buyer's Stamp Duty (ABSD) for non-first-time buyers or foreign purchasers, which can materially impact total acquisition cost.

The property's freehold status simplifies certain financial planning considerations relative to leasehold alternatives, as there are no ongoing lease extension costs or lease-related diminution of value to factor into long-term projections.

Conclusion: Accessing Rarified Singapore Luxury

This brand-new freehold semi-detached mansion at Stevens represents an extraordinary opportunity to acquire one of Singapore's most coveted residential addresses with a residence specifically designed for premium living. The combination of generous space, sophisticated amenities, freehold tenure, and exceptional location creates a compelling proposition for buyers seeking the apex of Singapore residential real estate. The property's proximity to Stevens MRT Station, whilst maintaining the privacy expected in an exclusive neighbourhood, positions it advantageously for both owner-occupiers and investors with sufficient capital and clear investment objectives.

Frequently Asked Questions

What rental yield could be achieved if this property were purchased as an investment?

At S$14.98 million, achieving a strong rental yield requires understanding the niche market for ultra-luxury semi-detached properties. Conservative estimates suggest gross rental yields of 2-3% annually, translating to roughly S$300,000–S$450,000 per annum for comparable residences. However, the rental market for properties at this level is dominated by owner-occupiers rather than investors; demand typically comes from high-level expatriates on premium relocation packages, diplomatic families, and senior executives. Net yields after property management fees, maintenance of the pool and landscaping, utilities, and property taxes would typically range from 1.5–2%. Prospective investors should conduct thorough comparisons with recent lettings of similar freehold semi-detached residences in Stevens and Bukit Timah to establish realistic income projections. The investment case is strengthened not by rental cash flow but by capital appreciation potential and the asset's tangible nature as prime freehold land.

How does the S$2,015 per sqft price compare to recent semi-detached transactions in Stevens?

Recent sales in Stevens and neighbouring precincts including Bukit Timah and Clementi Park have evidenced per-square-foot rates ranging from S$1,800–S$2,300, with new construction and freehold tenure commanding premiums toward the higher end of this spectrum. This property's S$2,015 per sqft positions it competitively within the established market, reflecting the strength of freehold valuations in the district. Comparable recent transactions include renovated older semi-detached properties achieving S$1,850–S$1,950 per sqft, suggesting that the brand-new specification, integrated lift, and resort-style amenities justify the marginal premium observed here. Market data consistently shows that freehold properties in Stevens sustain stronger per-sqft valuations than leasehold alternatives, a reflection of long-term investor preference and the psychological value of perpetual tenure. Buyers should review URA transaction history and recent property listings to benchmark against any comparable properties that have transacted in the preceding six months.

What are the ABSD implications for second-property buyers or foreign purchasers at this price level?

Additional Buyer's Stamp Duty significantly impacts the total acquisition cost for non-first-time Singapore citizen buyers and foreign purchasers. For Singapore citizens or permanent residents purchasing a second property, ABSD is levied at 5% of the purchase price or market value, whichever is higher; at S$14.98 million, this equates to approximately S$749,000 in additional duty alone. Foreign purchasers face a substantially higher ABSD rate of 20%, translating to approximately S$2,996,000 on this property. These figures underscore the importance of structuring the purchase correctly and understanding the total cost of acquisition before proceeding. Purchasers should consult IRAS guidance and engaging a tax specialist is highly advisable, as certain corporate structures or citizenship-related circumstances may offer alternative approaches. The ABSD obligation is typically due within fourteen days of the purchase date, and failure to pay can result in interest and penalties. When factoring total cost of ownership, buyers should account for additional legal fees, surveyor fees, and potential upgrade costs, which collectively can add S$150,000–S$300,000 to the net outlay.

Is lease decay a concern, and how does freehold tenure protect resale value?

Since this property is freehold, lease decay is not a concern—the primary advantage of acquiring freehold property in Singapore's constrained market. Unlike leasehold properties, where the lease term contracts and residual value diminishes as years pass, freehold land ownership remains perpetual and unaffected by temporal depreciation. This structural advantage becomes increasingly material as owner-occupiers approach later life stages; a leasehold property purchased today with 80 years remaining will have only 50–60 years remaining in 30 years' time, forcing eventual owners into expensive lease extension negotiations or accepting significantly lower resale values. Freehold properties maintain stronger capital preservation across generational ownership transitions and tend to appreciate more steadily than leasehold equivalents in the same location. The freehold tenure is particularly advantageous for buyers with multi-generational ownership intentions or those prioritising wealth preservation for descendants. Historically, Stevens properties with freehold tenure have demonstrated more resilient value retention through property market cycles, a pattern directly attributable to the absence of lease decay risk.

How does proximity to Stevens MRT Station influence demand and capital appreciation potential?

Stevens MRT Station's location within five minutes' walk provides exceptional transport connectivity whilst maintaining the tranquility characteristic of the precinct—a combination that drives sustained demand and capital appreciation. The Thomson-East Coast Line (TE11) offers direct connections to strategic business nodes including the Central Business District, Marina Bay, and emerging employment corridors, making this location attractive to working professionals. Real estate economics consistently demonstrate that properties within 400–500 metres of MRT stations command substantial premiums over properties requiring longer walks; the S$2,015 per sqft valuation here partially reflects this transport connectivity advantage. Historical data from Stevens and comparable MRT-proximate precincts shows that capital appreciation rates typically outpace non-MRT-connected neighbourhoods by 1–2% annually over market cycles. The walkability to Stevens MRT also supports strong rental demand, as expatriate tenants and professionals prioritise convenient transport connections. Beyond immediate demand benefits, the station's presence on an expanding MRT network positions Stevens advantageously for long-term value appreciation, as transport infrastructure development remains a primary driver of Singapore's residential property values.

Who are the ideal buyer profiles for a property at this price point and specification?

This residence appeals most strongly to high-net-worth individuals and established families seeking a primary residence of exceptional scale and specification. Executive-level professionals, business owners, and established entrepreneurs typically form the core buyer demographic, drawn by the property's capacity to accommodate substantial household sizes, multiple guest suites, and dedicated functional spaces. Young upgraders with established equity and strong household incomes represent a secondary profile; a couple or family moving from a four-bedroom apartment or terraced house would find the seven-bedroom configuration liberating and future-proofed against family expansion. First-time buyers at this price level are relatively rare but do exist within ultra-high-net-worth segments; such purchases typically reflect substantial inherited wealth or successful business exits. Investor-purchasers must be cautious, as the rental market for ultra-luxury semi-detached properties is limited and yields are modest; only sophisticated investors with capital appreciation and portfolio diversification objectives should proceed. Expatriates on premium relocation packages represent a growing tenant demographic if the property is purchased with rental intent, though owner-occupier demand from this segment remains stronger. Multigenerational families planning extended-family living arrangements find the space and amenity set particularly appealing.

What are the TDSR and financing implications at S$14.98 million purchase price?

Total Debt Service Ratio (TDSR) considerations become material at this price point, as banks apply more conservative lending criteria to ultra-premium properties. Most Singapore banks offer loan-to-value ratios of 60–70% for properties above S$10 million, meaning a buyer would typically require liquid capital of at least S$4.5–6 million as a down payment. TDSR regulations cap borrowing at 60% of gross monthly household income; for a S$10 million loan (assuming 70% LTV), monthly debt servicing would be approximately S$42,000–S$48,000 depending on tenure and prevailing rates. This requires a gross household income of S$700,000+ annually to comfortably satisfy TDSR constraints. Wealthy buyers typically finance through multiple channels, including bank loans, private bank facilities, or direct cash purchase, with many ultra-high-net-worth purchasers at this level using minimal leverage. Prospective buyers should engage early with relationship managers at Tier-1 banks to confirm available loan structures and interest rates; institutional finance for properties at this price point is less standardised than for lower-priced residential assets. Stamp duty on a S$14.98 million purchase will be approximately S$510,000–S$520,000, a material cost that should be factored into total acquisition budgets.

How does this property compare to competing semi-detached developments in the Stevens and Bukit Timah precincts?

Direct comparables for brand-new freehold semi-detached houses of this specification are limited, a reflection of the rarity of such offerings in established residential neighbourhoods. Neighbouring Bukit Timah contains several comparable properties, though most are older renovated residences rather than new construction; recent sales in this district have achieved S$1,850–S$1,950 per sqft, suggesting this property's S$2,015 per sqft reflects the newness premium and integrated luxury amenities (private lift, resort pool). Clementi Park and the precinct surrounding Stevens have seen limited new semi-detached development in recent years; most new construction activity has focused on leasehold apartments and landed properties in lower-density areas further from the CBD. The absence of recent competing new construction in the immediate vicinity may be advantageous for this property, suggesting limited supply of comparable alternatives and potential upside for discerning buyers. Adjacent precincts including Tanglin and Holland Road have seen occasional new semi-detached launches commanding similar or marginally higher per-sqft rates, though such properties often benefit from slightly larger land footprints. The Stevens location itself commands a slight valuation premium over Bukit Timah equivalents, reflecting both the area's established prestige and superior MRT connectivity. A buyer evaluating this property should request a formal valuation from an independent valuer to confirm the pricing aligns with recent arm's-length transactions in the district.

Which floor levels or unit stacks offer the best value proposition?

As this is a four-storey semi-detached house rather than a multi-unit development, traditional floor-stacking analysis does not apply; however, the distribution of functional spaces across the four storeys significantly impacts perceived value and usability. Ground-floor placement of the swimming pool and primary entertaining zones maximises utility and provides easiest access for guests and family members with mobility considerations. Upper floors typically accommodate private sleeping quarters, with the master suite ideally positioned to capture views, natural light, and privacy from street-level activity. A ground-floor study or home office benefits from visitor access without disrupting upper-level residential privacy, a particularly valuable configuration for professionals maintaining home-based work. The incorporation of a private lift eliminates the traditional trade-off between desirability of upper-floor residential space and the inconvenience of multi-storey living, allowing any floor to serve as a master suite comfortably. Value optimisation often involves positioning the least-used spaces (guest bedrooms, service areas, storage) on less premium floors whilst concentrating daily living spaces on well-lit, view-rich levels. Prospective buyers should examine the specific floor plans provided by the agent to assess whether the spatial distribution aligns with their household's functional requirements; minor reconfiguration costs may be worthwhile if floor arrangements do not match intended use patterns.

What is the future supply pipeline, and how might new development affect property values in the Stevens district?

Stevens is a mature, densely developed residential neighbourhood with extremely limited vacant land available for new development; the Urban Redevelopment Authority's land-use plans show minimal allocation of fresh residential development capacity in this precinct. This supply constraint is a primary factor supporting sustained capital appreciation, as demand from affluent buyer segments consistently outpaces the limited new supply entering the market. Unlike growth areas on the fringe of Singapore's urban boundary, where new estate development adds significantly to available housing stock, Stevens-area appreciation is anchored to scarcity value rather than new-supply-driven expansion. However, broader MRT infrastructure expansion, particularly along the Thomson-East Coast Line and future extensions, may redirect some demand to newer precincts offering similar connectivity at lower entry prices. Strategic government planning to develop other prestige residential neighbourhoods—such as the forthcoming high-end landed housing at certain Central area sites—could provide alternative options for ultra-wealthy buyers, potentially moderating Stevens-area appreciation. Nevertheless, the combination of freehold tenure, established prestige, and constrained supply suggests Stevens properties should continue appreciating at rates aligned with or slightly above Singapore's long-term residential property inflation rate of 3–4% annually. Buyers should monitor URA's Master Plan amendments and land-use strategy announcements to assess whether any significant new supply is planned for immediate or medium-term development.

Luxury Freehold Semi-Detached, 7BR Stevens MRT, S$14.98M