Type

Units

Min Area

Price Range

1 BR

463 sqft

S$3,900/mo

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$3,900.
Located 7 min (560 m) from NS24 Dhoby Ghaut MRT Station.

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The Rise @ Oxley – Residences: A Contemporary Living Address in Singapore's Historic Precinct

The Rise @ Oxley – Residences stands as a modern residential development in one of Singapore's most distinctive neighbourhoods. Situated at 73 Oxley Rise, the project occupies a location steeped in character and convenience, appealing to a broad spectrum of buyers and renters seeking an authentic urban lifestyle without compromise on accessibility.

The development's proximity to NS24 Dhoby Ghaut MRT Station—a mere seven minutes' walk away at approximately 560 metres—positions residents within the heart of Singapore's public transport network. This strategic placement ensures seamless connectivity to the rest of the island, whether for work commutes, leisure activities, or business meetings. The station itself serves as a major interchange and hub, facilitating rapid transit across multiple corridors of the metropolitan area.

Location and Neighbourhood Character

Oxley Rise sits within one of Singapore's most historically rich and culturally vibrant precincts. The area has long been favoured by those appreciating architectural heritage, leafy streetscapes, and a strong sense of community identity. Residents of The Rise @ Oxley benefit from immediate access to independent cafés, established restaurants, boutique retail spaces, and cultural landmarks that define the neighbourhood's distinctive appeal. The proximity to Fort Canning Park and the Singapore History Centre adds to the area's cultural magnetism, whilst nearby shopping and dining venues cater to everyday convenience.

Beyond the immediate locale, the Dhoby Ghaut area functions as a cultural and commercial crossroads. The MRT station connects directly to the Downtown Line, Circle Line, and North-South Line, providing rapid access to Raffles Place, Marina Bay, Outram Park, and all major employment and leisure precincts across the island. For professionals working in the Central Business District, the journey times are remarkably compact, typically under 10 minutes during off-peak hours.

Unit Designs and Living Spaces

The Rise @ Oxley – Residences comprises thoughtfully proportioned apartments designed to maximise functionality and light. Units across the development showcase contemporary finishes, intelligent floor plans, and modern amenities befitting a premium residential environment. The project acknowledges Singapore's compact living ethos whilst delivering spaces that feel neither cramped nor unnecessarily sprawling. Each unit is designed with attention to natural ventilation, window placement, and storage solutions—practical considerations that meaningfully enhance day-to-day living.

The variety of unit types available ensures that different buyer and tenant profiles find suitable accommodation. Compact studios and one-bedroom residences appeal to young professionals and first-time purchasers, whilst larger configurations serve upgraders and families preferring a central location over suburban sprawl. Rental enquiries reflect strong sustained demand, with monthly rental rates starting from approximately S$3,900 depending on unit specifications and prevailing market conditions.

Amenities and Facilities

The development provides residents with essential on-site facilities aimed at supporting modern urban living. These typically include secure entry systems, lift access, and common spaces curated to foster community amongst residents. The building's infrastructure is designed to contemporary standards, ensuring reliability and ease of maintenance. For many residents, the development's compact footprint and central location render extensive on-site recreational facilities less critical than they might be for suburban properties—the surrounding neighbourhood itself functions as an extended amenity offering.

Investment and Ownership Considerations

The Rise @ Oxley – Residences appeals to diverse investor profiles. For owner-occupiers, the development offers lifestyle advantages: minimal commute times, cultural immersion in a distinctive part of Singapore, and the flexibility to downsize or upsize within an established, well-connected neighbourhood. For buy-to-let investors, the rental trajectory in this precinct has historically supported healthy yields, particularly given the sustained demand from relocating professionals and expatriate cohorts seeking proximity to the city without sacrificing residential quality.

Prospective buyers should note that additional stamp duties may apply. Singapore Citizens purchasing a second residential property face an Additional Buyer's Stamp Duty (ABSD) of 20%, a material cost that should be factored into investment calculations and total acquisition outlay. First-time buyers and Singapore Permanent Residents face preferential duty treatment and should verify their eligibility status with their conveyancing solicitor.

Capital Appreciation and Long-Term Viability

Properties in the Oxley Rise precinct have traditionally demonstrated resilience in their capital values. The convergence of heritage appeal, transport excellence, and relatively constrained land availability in the immediate vicinity supports a favourable long-term outlook for owner-occupiers. The neighbourhood's cultural significance and established character make it resistant to obsolescence—unlike speculative suburban developments, Oxley Rise retains inherent appeal across property cycles.

For leasehold units within the development, buyers should assess the remaining lease term and understand how lease decay may influence future resale dynamics. Whilst Singapore's real estate market has historically handled older leasehold tenures reasonably, the passage of time will eventually erode appeal and financing accessibility unless a lease extension is pursued. Prudent purchasers should model the cost and feasibility of a lease extension at the 80-year or 90-year threshold, according to their intended holding period.

Financing and Borrowing Capacity

Prospective purchasers considering mortgage financing should be mindful of Total Debt Servicing Ratio (TDSR) constraints. Whilst The Rise @ Oxley's price points are moderate relative to many Singapore developments, individual financing capacity depends on personal income, existing debt obligations, and the loan-to-value ratio offered by the lender. Early engagement with a mortgage adviser is prudent, particularly for investors juggling multiple property portfolios or self-employed individuals with variable income.

Market Positioning and Competitive Context

The Rise @ Oxley – Residences occupies a distinctive position within Singapore's residential landscape. Its location in a heritage-rich, transport-connected neighbourhood differentiates it from purpose-built suburban developments or gleaming new precincts. Buyers and renters choosing this development prioritise authenticity, walkability, and cultural integration over novelty or expansive facilities. The Dhoby Ghaut and Oxley Rise precinct competes not on scale or amenity density, but on character, convenience, and established social capital.

Comparative analysis with nearby developments reveals that this location commands a premium relative to peripheral sites, yet remains accessible relative to ultra-prime districts. Investors and owner-occupiers alike benefit from this intermediate positioning: the development is not speculative or highly volatile, yet maintains genuine appeal rooted in enduring urban desirability.

Conclusion

The Rise @ Oxley – Residences represents a compelling opportunity for those valuing location, connectivity, and urban authenticity. Whether as a principal residence, a stepping stone for first-time buyers, or an investment asset in a historically proven locale, the development merits serious consideration. The proximity to Dhoby Ghaut MRT, the neighbourhood's cultural richness, and the availability of compact, contemporary living spaces create a residential offering aligned with 21st-century urban preferences and sustainable long-term property value.

Frequently Asked Questions

What is the estimated rental yield for a buy-to-let investment at The Rise @ Oxley – Residences?

Rental yield at The Rise @ Oxley – Residences typically ranges from 3.5% to 4.5% per annum, depending on the specific unit size, condition, and current market rental rates. The location's appeal to expatriates, young professionals, and relocating Singaporeans seeking central living drives consistent tenant demand, with monthly rents commencing from approximately S$3,900 for compact units and scaling upwards for larger configurations. Investors should note that nett yield will be reduced by property tax, maintenance fees, and potential vacancy periods, though the neighbourhood's sustained rental popularity historically supports high occupancy rates. A buy-to-let purchaser should commission a detailed cash-flow analysis factoring in their specific financing structure, holding period, and exit strategy before committing capital.

How does The Rise @ Oxley – Residences compare in price per square foot to recent transactions in the Oxley Rise and Dhoby Ghaut area?

Recent market transactions in the Oxley Rise and Dhoby Ghaut precinct typically trade at price points ranging from approximately S$1,100 to S$1,400 per square foot, depending on unit age, condition, lease length, and specific location within the neighbourhood. The Rise @ Oxley – Residences, as a contemporary development with modern finishes, generally positions itself within the mid-to-upper range of this corridor, offering value relative to newly completed projects whilst maintaining premium positioning versus older walk-up apartments. Prospective buyers should request a comparative market analysis from their agent to understand the development's exact per-square-foot positioning against recent comparable sales, ensuring they are not overpaying relative to alternative options in the same district. The rental metrics and capital appreciation track record of comparable properties in the immediate vicinity provide useful benchmarks for assessing long-term value.

What is the Additional Buyer's Stamp Duty (ABSD) liability for a Singapore Citizen purchasing a second residential property at The Rise @ Oxley?

A Singapore Citizen purchasing a second residential property at The Rise @ Oxley – Residences faces an Additional Buyer's Stamp Duty (ABSD) of 20% on the purchase price, in addition to standard Buyer's Stamp Duty. This duty applies to the entire consideration value and represents a material cost that must be factored into total acquisition expense; for example, a S$800,000 purchase would attract an additional ABSD liability of S$160,000. This 20% ABSD rate is the current prevailing rate for second residential property acquisitions by Singapore Citizens and applies regardless of the property's price point. First-time home buyers and Singapore Permanent Residents face preferential duty treatment; therefore, prospective purchasers should verify their precise eligibility status and consider the timing of acquisitions if they anticipate additional property purchases in the near term, as ABSD structures may influence overall tax efficiency. Consultation with a tax adviser or conveyancer is essential to model the full cost of ownership.

What is the lease decay risk for leasehold units at The Rise @ Oxley – Residences, and how might this impact future resale value?

Lease decay risk depends on the remaining tenure of the specific unit being considered; prospective buyers must verify the lease commencement date and unexpired lease term before purchase, as financing institutions and future buyers both apply increasingly stringent valuations to properties with leases below 80 years. As the lease decays towards the 60-year to 80-year threshold, capital values typically depreciate more rapidly, and mortgage lending becomes more conservative, reducing the pool of potential purchasers and lowering market prices. To mitigate this risk, buyers with a long-term holding horizon should investigate the cost and timeline for a lease extension, typically available from the Singapore government at the 80-year or 90-year mark; this process is non-trivial in cost but preserves value and financing accessibility. The development's position in a heritage precinct and strong neighbourhood fundamentals provide some protective factors, but lease tenure should never be ignored in financial modelling or value assessment.

How does proximity to Dhoby Ghaut MRT Station influence demand and capital appreciation for properties at The Rise @ Oxley?

The seven-minute walk to NS24 Dhoby Ghaut MRT Station is a primary value driver for The Rise @ Oxley – Residences, as it provides frictionless access to three major MRT lines (North-South, Circle, and Downtown) and rapid connections to the Central Business District, Marina Bay, and all major employment precincts. Properties within 500–700 metres of MRT stations historically demonstrate stronger capital appreciation and rental demand relative to comparable properties further afield, as transport accessibility directly influences property utility and lifestyle appeal. The Dhoby Ghaut station itself functions as a major interchange and community hub, reinforcing the area's connectivity credentials and appeal to a broad spectrum of tenants and owner-occupiers. Long-term appreciation potential is supported by the immutable nature of transport infrastructure—the MRT network is not relocated, and land constraints in this central precinct ensure that suburban sprawl will not erode the development's competitive position. Investors and owner-occupiers alike benefit from the tangible, enduring value that transport accessibility confers.

Which buyer profiles are best suited to The Rise @ Oxley – Residences, and why?

The Rise @ Oxley – Residences appeals to high-net-worth individuals and seasoned investors seeking a central-location holding with cultural authenticity and proven rental demand, eliminating the need to chase speculative fringe developments. Upgraders transitioning from HDB or smaller private apartments find compelling value in a modern unit with excellent transport connectivity and heritage-precinct living, without the cost premium of district-leading trophy properties. First-time home buyers appreciate the development's accessibility to city amenities, reasonable entry-level pricing relative to premium districts, and the neighbourhood's established appeal, which reduces the risk of purchasing in a speculative or unfashionable location. Young professionals and expatriates favour the location for its walkability, cultural richness, and minimal commute burden, making The Rise @ Oxley an attractive rental proposition and a sound stepping stone before larger family purchases. Buy-to-let investors benefit from sustained rental demand from these demographic cohorts and the neighbourhood's reputation for tenant quality and stability.

What financing headroom and TDSR considerations apply at The Rise @ Oxley's typical price points?

The Rise @ Oxley – Residences' price points, starting from approximately S$3,900 monthly rental equivalents or purchasing prices typically in the range of S$600,000 to S$1,200,000 depending on unit size, generally permit mortgage financing for borrowers with household incomes above S$4,000 to S$6,000 per month, subject to standard lending criteria. Total Debt Servicing Ratio (TDSR) constraints limit borrowing to approximately 60% of gross monthly income across all debt obligations; therefore, individuals with existing car loans, credit card balances, or other property mortgages face reduced borrowing capacity for The Rise @ Oxley acquisition. Prospective purchasers should engage a mortgage broker early to assess their personal TDSR headroom, as this will directly influence the down payment requirement and the loan-to-value ratio available from lenders. Owner-occupiers seeking maximum leverage typically qualify for lower interest rates and higher LTV ratios than buy-to-let investors, who face stricter lending criteria; this differential should inform financing strategy and overall investment structuring.

How does The Rise @ Oxley – Residences compare to nearby competing developments in terms of value, location, and tenant appeal?

The Rise @ Oxley – Residences occupies a distinctive niche within the Oxley Rise and Dhoby Ghaut corridor, prioritising heritage character, transport excellence, and established neighbourhood appeal rather than state-of-the-art amenities or contemporary architectural statement. Competing developments in the immediate vicinity include older walk-up apartments and smaller private condominiums, most of which lack the modern finishes and contemporary design offered by The Rise @ Oxley, thus commanding a valuation premium justified by condition and livability. When compared to newer suburban developments with expanded facilities and family-oriented layouts, The Rise @ Oxley trades size and amenity density for location and walkability—a trade-off that appeals strongly to downsizers, professionals, and investors, but may not suit families requiring multiple bedrooms and recreation facilities. The development's positioning as a contemporary infill project in an established, transport-connected precinct places it in a relatively uncongested market segment, reducing direct competition and supporting pricing resilience across property cycles.

Are particular unit stacks, floor levels, or orientations at The Rise @ Oxley – Residences offering superior value or investment potential?

Lower-floor units (second to fifth storeys) at The Rise @ Oxley – Residences typically attract pricing discounts relative to mid-to-upper floors, yet benefit from reduced lift waiting times and perceived convenience for families with young children or elderly occupants; these units often deliver strong rental yields due to lower purchase prices and equivalent rental rates, making them compelling for buy-to-let investors. Units facing the quieter rear or side elevations may trade at modest discounts to prime-facing units, particularly those overlooking Oxley Rise or nearby heritage buildings, yet deliver superior livability through reduced street noise and greater privacy—a factor valued by owner-occupiers willing to trade views for peace. Mid-to-upper floor units (eighth to fifteenth storeys, where applicable) command premium pricing and appeal strongly to buyer profiles prioritising natural light, views, and perceived status, though these premium valuations may not be justified by corresponding rental income uplifts, potentially reducing investment returns. Prospective purchasers and investors should prioritise livability and cash-flow metrics over aspirational floor-level positioning, allowing the data to guide acquisition strategy rather than aesthetic preferences.

What future residential supply pipeline exists in the Oxley Rise, Dhoby Ghaut, and broader Somerset district, and how might this affect The Rise @ Oxley's long-term appreciation?

The Oxley Rise and broader Somerset precinct are characterised by constrained land availability and established residential density, limiting the scope for large-scale greenfield development and reducing the risk of oversupply that might depress capital values. Recent and near-term supply across the Dhoby Ghaut and River Valley districts remains modest relative to suburban precincts, supporting the view that existing developments like The Rise @ Oxley will not face significant competitive pressure from a flood of new inventory. However, potential government planning initiatives, site en-bloc sales, or conservation-area redevelopment could theoretically introduce new supply to the immediate vicinity, though such projects would likely emphasise comparable or superior positioning, benefitting rather than harming established developments in the neighbourhood. Long-term property value sustainability in the Oxley Rise precinct is supported by the immutable nature of the location (proximity to heritage sites, MRT, established urban fabric), the scarcity of comparable central-location opportunities, and sustained demand from professional and expatriate cohorts seeking authentic urban living. Prospective buyers should monitor government land-sale announcements and urban planning updates, but need not fear displacement by speculative oversupply in this heritage-protected, land-constrained precinct.

The Rise @ Oxley - Residences — From S$3,900