Type

Units

Min Area

Price Range

2 BR

710 sqft

S$2.1M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$2.1M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$410K on this acquisition.
Located 8 min (630 m) from CC20 Farrer Road MRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

Leedon Green: A Premium Residential Development in the Heart of Farrer Road

Situated at 32 Leedon Heights, Leedon Green stands as a distinguished residential development in one of Singapore's most coveted neighbourhoods. The Farrer Road precinct has long been celebrated for its tree-lined avenues, established character, and proximity to the city's commercial and cultural heartland. This development capitalises on these inherent strengths, offering contemporary living spaces within a locale that balances tranquillity with urban convenience.

The project's positioning is particularly noteworthy for its accessibility. Located merely eight minutes' walk from Farrer Road MRT station on the Circle Line (CC20), residents enjoy seamless connectivity to the Central Business District, shopping precincts, and educational institutions across the island. The Circle Line's comprehensive network ensures that commuters can reach Orchard, Marina Bay, and the east coast with minimal travel time, making this development attractive to working professionals and families alike.

Thoughtful Design and Spacious Living

Units at Leedon Green showcase considered floor plans that maximise natural light and ventilation. The development features a mix of configurations ranging from intimate two-bedroom residences to more expansive layouts, with total areas typically ranging from 710 square feet upwards. Each unit is designed to maximise usable living space whilst maintaining efficient circulation, a hallmark of contemporary Singapore residential architecture. The inclusion of generously proportioned bathrooms and well-appointed kitchens reflects the quality standards expected in this prestige segment.

The development's architecture integrates modern aesthetics with functional design principles. Large windows frame views of the surrounding greenery, whilst internal spaces are configured to support flexible living arrangements. Whether occupants prioritise open-plan entertaining, dedicated home office facilities, or compact yet fully functional quarters, the range of unit types within Leedon Green accommodates diverse lifestyle preferences.

Strategic Location Within a Mature Precinct

The Farrer Road area represents one of Singapore's most established residential corridors. Proximity to leading educational institutions, including schools recognised for academic excellence, enhances the development's appeal to families. The neighbourhood is also well-served by medical facilities, fine dining establishments, and specialist retail, creating an ecosystem that supports affluent residential living without requiring lengthy commutes to essential services.

The Farrer Road MRT station itself serves as a significant anchor for the district's ongoing desirability. Circle Line connectivity ensures that the area remains attractive regardless of future transport developments elsewhere. This stability in transport links provides confidence for long-term capital preservation and rental demand, particularly valuable for investors considering multi-year holding periods.

Investment Credentials and Capital Growth Potential

For investors, Leedon Green presents characteristics aligned with sustained capital appreciation. The combination of freehold or long-lease tenure, limited new supply in the immediate vicinity, and enduring demand from upgraders and expatriate residents creates a supportive environment for property value growth. Historical transaction data for comparable properties in Farrer Road demonstrates consistent appreciation cycles, with psf pricing reflecting the precinct's premium positioning relative to outer residential estates.

Rental yields remain competitive within the segment. Properties at this price point and location typically command strong monthly rental rates, particularly for furnished units marketed to relocating professionals. The development's proximity to the CBD and established transport infrastructure supports tenant acquisition, reducing vacancy risk compared to peripheral developments. Investors should anticipate yields in the low-to-mid single digits as a percentage of acquisition price, consistent with Singapore's prestige residential market dynamics.

Tenure Security and Long-Term Value

The tenure structure at Leedon Green ensures protection against lease decay concerns that affect some ageing leasehold developments. Freehold units eliminate depreciation risk entirely, whilst longer-lease options provide decades of tenure security, rendering lease length a non-material factor in financing and valuation decisions. This structural advantage becomes increasingly significant as leasehold properties age, making Leedon Green's tenure profile a key differentiator in the competitive landscape.

Resale liquidity remains robust for developments with this location profile and tenure security. The Farrer Road demographic—comprising established families, upscaling professionals, and high-net-worth individuals—creates a consistent buyer pool. Marketing periods for competitively priced units typically remain brief, and price discovery occurs rapidly relative to outer-district developments with weaker location credentials.

Buyer Suitability and Portfolio Positioning

First-time private property buyers may find Leedon Green aligned with their upgraded entry point, particularly if initial portfolios included HDB resale flats or younger private condominiums. The established location and proven capital retention record provide confidence as they transition to owner-occupation in a recognised address. Upgrading families seeking larger floorplates and superior finished standards will similarly appreciate the development's offering relative to comparable alternatives in adjacent precincts.

High-net-worth owner-occupiers targeting established residential addresses will find Leedon Green's location, design quality, and tenure structure consistent with expectations. The precinct attracts a sophisticated demographic valuing heritage addresses, proximity to cultural and commercial nodes, and properties with long-term appreciation track records. For corporate investors acquiring portfolios of rental properties, the development's rental demand profile and low vacancy risk support stable cash flow returns.

Neighbourhood Context and Future District Evolution

The Farrer Road precinct has demonstrated remarkable stability in its residential character over multiple property cycles. Whilst Singapore's development pattern continues to evolve, this established district benefits from conservation policies and community identity that discourage disruptive redevelopment. Near-term supply additions remain limited, supporting sustained demand for available inventory. This supply constraint, combined with the precinct's elevated appeal, creates conditions favourable for price resilience and measured appreciation.

Looking ahead, the broader Singapore property landscape suggests continued interest in established, well-connected residential areas offering authenticity and established community character. Leedon Green's positioning within this context, alongside its transport credentials and tenure security, positions the development well for investors and owner-occupiers alike seeking properties with proven long-term performance in stable, sought-after locations.

Frequently Asked Questions

What rental yield can be expected if Leedon Green is purchased as an investment property?

Properties at Leedon Green typically achieve rental yields in the low-to-mid single-digit percentage range when calculated against acquisition price, consistent with prestige Singapore residential developments in established locations. The proximity to Farrer Road MRT station (CC20) and CBD connectivity supports strong tenant demand, particularly for furnished units marketed to relocating professionals and expatriate residents. Landlords should anticipate monthly rental rates commanding premiums relative to comparable outer-district properties, though absolute percentage yields reflect the premium pricing of the precinct. Vacancy risk remains manageable given the development's location within a sought-after residential address with a stable, affluent demographic base.

How does the price per square foot at Leedon Green compare to recent transactions in the Farrer Road area?

Leedon Green's pricing reflects the Farrer Road precinct's premium positioning within Singapore's residential market. Recent comparable transactions in the immediate vicinity have demonstrated psf rates consistent with established, well-connected residential developments, with pricing substantially elevated relative to peripheral estates but reflecting the location's proven capital appreciation track record and tenant demand profile. Specific psf comparison should account for tenure structure (freehold units typically command premiums over leasehold), unit age, renovation standard, and floor level, as these factors create variance within the locality. Prospective buyers are advised to review recent arm's-length transactions within a 500-metre radius to validate pricing relative to current market sentiment and recent inventory movement.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing at Leedon Green as a second residential property?

Singapore Citizens acquiring a second residential property at Leedon Green will be subject to Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price above the first S$180,000. This represents a material cost implication that should be factored into total acquisition expenses, alongside standard Buyer's Stamp Duty, legal fees, and agent commissions. For example, a S$2,050,000 purchase would incur approximately S$373,600 in ABSD, materially affecting the total investment outlay and internal rate of return projections. Purchasers should seek professional tax and legal advice to understand the interaction between ABSD, their specific residency circumstances, and broader portfolio structure, as exemptions or deferrals may apply in limited circumstances.

How does the proximity to Farrer Road MRT station (CC20) influence capital appreciation and resale demand at Leedon Green?

The eight-minute walk to Farrer Road MRT station represents a fundamental driver of the development's capital appreciation potential and resale liquidity. Circle Line connectivity ensures reliable, rapid access to the Central Business District, Marina Bay, and major retail precincts, supporting sustained demand from commuting professionals and families. MRT proximity has demonstrated historically strong correlation with property value retention and appreciation across Singapore, as transport-oriented locations enjoy insulation from supply-driven price corrections affecting peripheral developments. The Circle Line's mature, comprehensive network suggests limited disruption from future transport infrastructure changes, providing confidence that this location advantage will persist throughout extended holding periods. Resale enquiry levels and buyer pool depth remain materially stronger for MRT-proximate developments, reducing sale timeframes and enhancing price discovery.

Is Leedon Green suitable for first-time private property buyers upgrading from HDB flats?

Leedon Green can represent an appropriate upgrade destination for first-time private property buyers transitioning from HDB resale flats, provided their financial capacity extends to the development's price range and they seek entry into established residential addresses. The Farrer Road location provides proven capital preservation credentials and demonstrates the kind of location stability that offers confidence to newer private property investors navigating the transition from public to private housing. The development's tenure structure, whether freehold or long-lease, eliminates concerns about lease decay that might otherwise concern first-time buyers unfamiliar with residential property dynamics. However, first-time buyers should carefully assess their financing capacity, debt servicing ratio headroom, and medium-term property holding intentions, as acquisition costs including ABSD (if applicable) and ongoing maintenance fees require prudent financial planning.

What TDSR and financing headroom should upgraders expect when purchasing at Leedon Green's price points?

Prospective purchasers at Leedon Green should anticipate that Total Debt Servicing Ratio (TDSR) constraints will become material considerations, particularly for properties priced in the S$2,000,000-plus range. At these price points, a 70% loan-to-value mortgage (typical for owner-occupied residential property) would require monthly servicing capacity that many upgrading families must balance against existing HDB loan obligations, personal loans, and credit card commitments. Current interest rate environments and banks' conservative rate-shock assumptions (typically +4-5% above drawdown rates) mean that purchasers require substantial income or co-borrower support to comfortably service financing whilst maintaining prudent TDSR headroom below 60% of gross monthly income. Upgraders should obtain pre-approval mortgage statements from their financial institution before committing to offers, and engage financial advisors to stress-test their servicing capacity across interest rate scenarios.

How does Leedon Green compare to competing developments in the Farrer Road and adjacent precincts?

Leedon Green's primary competitive set includes established residential developments within the Farrer Road area and immediately adjacent precincts such as Tanglin and Holland Road, where comparable location credentials, tenure security, and pricing are evident. Unlike newer developments in emerging areas, Leedon Green benefits from established neighbourhood character, proven capital appreciation track records, and enduring demographic appeal. Competing developments in these precincts often feature similar pricing but may offer older architecture, shorter remaining lease lengths (for leasehold properties), or less manicured building management standards. Prospective buyers should compare not merely unit floorplates and finishes but also tenure structure, building age and maintenance condition, proximity to MRT stations (critical for resale demand), and the broader demographic profile of existing residents. Recent resale data from comparable developments provides context for capital appreciation expectations and rental demand dynamics.

Which unit stacks or floor levels at Leedon Green offer the best value relative to amenities and capital growth potential?

At Leedon Green, optimal value positions vary depending on buyer objectives. Mid-floor units (typically levels 5-15) offer superior ventilation and light conditions relative to lower floors while avoiding potential humidity and tyre-noise issues associated with proximity to roads; these mid-floor positions typically command modest premiums justified by their liveability profile. Lower floors (levels 2-4) may present discounted entry points for investor-occupiers prioritising yield over owner-occupancy considerations, though resale appeal may be marginally reduced. Higher floors command premiums for privacy, views, and aspirational positioning, though these premiums may outpace genuine capital appreciation benefits for investors with longer holding periods. Corner units and those with favourable aspect ratios typically outperform comparable floor areas on resale, as buyers perceive enhanced natural light and spatial articulation. Prospective purchasers should visit available units across multiple levels and orientations before making acquisition decisions, as subjective quality perception significantly influences future buyer pool strength.

What is the lease decay risk for leasehold units at Leedon Green, and how does this impact long-term resale value?

Leedon Green's tenure structure determines lease decay considerations. Freehold units eliminate depreciation risk entirely and provide perpetual ownership security, whilst leasehold units with 999-year tenures (if applicable) present negligible lease decay risk across any reasonable holding period, as the remaining tenure far exceeds the typical 30-year investment horizon. Lease decay becomes material only for leasehold properties with 99-year terms nearing expiration, but Leedon Green's positioning in an established, prestigious precinct suggests newer development with generous remaining tenure. Prospective buyers should verify exact lease length at acquisition, as this structural feature materially influences financing terms, valuation multiples, and resale audience breadth. Properties with 999-year or freehold tenure command sharper pricing stability and broader buyer pools relative to equivalent 99-year leasehold properties, as financiers and owner-occupiers increasingly avoid lease decay concerns.

What future supply pipeline exists in the Farrer Road district that could affect Leedon Green's appreciation prospects?

The Farrer Road precinct, as an established residential area with strong conservation identity, demonstrates remarkably constrained new supply relative to growth precincts elsewhere in Singapore. Government land use policies strongly favour preservation of existing residential character and community identity in this mature area, rendering large-scale new residential development unlikely. Unlike emerging districts with significant land banks and planning permissions, Farrer Road's limited vacant land and embedded residential character provide structural supply constraints favouring existing developments like Leedon Green. Near-term pipeline visibility remains low, with any new entrants likely confined to infill redevelopments of aged, low-rise properties—a process requiring years of acquisition, planning, and construction. This constrained supply environment, combined with sustained demand from upgraders and investors, supports Leedon Green's capital appreciation trajectory and rental demand profile across extended holding periods. Prospective buyers can acquire with confidence that neighbourhood supply constraints will not subject the development to volume-driven price corrections.

Is Leedon Green appropriate for high-net-worth individuals seeking established residential addresses with proven track records?

Leedon Green aligns closely with high-net-worth buyer preferences for established addresses combining location prestige, tenure security, and demonstrated capital preservation. The Farrer Road precinct attracts affluent owner-occupiers valuing heritage residential character, proximity to cultural and commercial nodes, and properties demonstrating multi-decade appreciation within stable, recognised addresses. Freehold or lengthy leasehold tenure structures eliminate duration-driven depreciation concerns, whilst the development's position in a mature precinct provides assurance against neighbourhood disruption or supply-driven price volatility. High-net-worth purchasers typically prioritise portfolio diversification across asset types and geographies; positioning within established Singapore residential addresses like Farrer Road serves this diversification objective whilst providing tangible real estate exposure. However, acquisition decisions should reflect individual circumstances regarding investment horizon, portfolio weighting, and specific occupancy intentions, with professional legal and tax advice essential given the complexity of high-net-worth portfolios.

[For Sale] Condominium At Leedon Green — From S$2.1M