Type

Units

Min Area

Price Range

2 BR

753 sqft

S$2.2M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$2.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$440K on this acquisition.
Located 9 min (760 m) from CC20 Farrer Road MRT Station.

Price Trends & Rental Yield

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Wilshire Residences: Prime Apartment Living on Farrer Road

Wilshire Residences represents a compelling residential offering positioned along Farrer Road, one of Singapore's most coveted addresses. Situated within an established neighbourhood that has consistently attracted discerning buyers and investors, the development delivers contemporary apartment living in close proximity to essential transport infrastructure, retail amenities, and educational institutions.

The project's strategic location places residents just 760 metres from Farrer Road MRT station, a nine-minute walk that positions occupants within the broader Central business District corridor. This proximity to the Circle Line (CC20) provides seamless connectivity to Marina Bay, Orchard, and northern regions, making the development equally appealing for commuters, professionals, and families seeking a well-connected home base.

Neighbourhood Character and Connectivity

Farrer Road has long been recognised as a prestige residential precinct, characterised by tree-lined streets, established developments, and a mature community fabric. The area attracts a diverse demographic spanning young professionals, growing families, and experienced investors who value the balance between urban convenience and residential tranquillity. The neighbourhood's proximity to renowned educational facilities, dining establishments, and shopping precincts reinforces its appeal across multiple buyer segments.

Public transport connectivity via the Circle Line facilitates rapid access to employment hubs, cultural venues, and recreational destinations across the island. For residents commuting to the CBD, travel times remain competitive, whilst the availability of alternative transport modes—including major arterial roads and bus services—provides flexibility and reduces dependency on any single infrastructure point.

Market Position and Investment Dynamics

The Farrer Road precinct has demonstrated resilient capital appreciation over successive property cycles, reflecting sustained demand from both owner-occupiers and portfolio investors. The development's positioning within this established locality positions it favourably against emerging suburban alternatives, as the area offers proven desirability and a track record of stable value retention.

For investors, the rental yield potential across the district remains compelling, particularly given the strong tenant demand from expatriate professionals and relocating families attracted to the area's accessibility and lifestyle amenities. The proximity to the city centre and international school clusters reinforces rental enquiry across a range of apartment typologies.

Unit Diversity and Buyer Suitability

Wilshire Residences offers a variety of apartment configurations, allowing prospective buyers to select spaces aligned with their specific lifestyle requirements and investment objectives. Whether seeking a compact urban residence for solo professionals, a dual-bedroom home for growing families, or a strategically sized investment asset positioned for rental yield, the development accommodates diverse purchasing motivations.

First-time home buyers will appreciate the development's location relative to established transport and retail infrastructure, reducing the need for significant relocation as personal circumstances evolve. Upgraders benefit from the neighbourhood's maturity and the availability of multiple configuration options, whilst experienced investors recognise the stable demand characteristics and proven rental market depth within the Farrer Road locality.

Pricing and Market Value

Units within Wilshire Residences are priced from S$2.2 million, positioning the development within the mid-to-upper segment of the central residential market. This pricing reflects the quality of the locale, proximity to established transport infrastructure, and the development's appeal across multiple buyer demographics. Prospective purchasers should conduct comparative analysis against recent transactional evidence within the immediate precinct to establish fair market value for their intended unit specification.

The per-square-foot pricing across the development aligns with recent market activity in the Farrer Road corridor, where supply remains relatively constrained and demand continues to reflect the area's enduring appeal. Buyers should factor in current market conditions and anticipated hold periods when evaluating investment returns and capital appreciation potential.

Financing and Acquisition Considerations

Purchasers should engage with financial advisors to determine appropriate loan structures and to understand the implications of the current regulatory environment on acquisition costs. Singapore Citizens acquiring a second residential property will incur Additional Buyer's Stamp Duty at 20%, a material cost that should be factored into total acquisition expenditure and investment return calculations.

Tenant Default Loan-to-Value (TDSR) requirements and prevailing interest rate conditions will influence financing capacity at various price points within the development. Prospective buyers are advised to obtain pre-approval from their chosen lending institution prior to commencing serious negotiations, ensuring clarity on borrowing capacity and monthly servicing obligations.

Long-Term Value Preservation

The Farrer Road precinct benefits from controlled supply growth, as available development sites remain limited and planning restrictions preserve the neighbourhood's residential character. This supply constraint supports sustained demand and underpins long-term capital value preservation. Residents benefit from the stability afforded by an established, well-maintained precinct with entrenched community infrastructure and institutional anchors.

Wilshire Residences thus represents an opportunity to acquire well-positioned residential real estate within one of Singapore's most enduringly desirable localities, offering the dual appeal of owner-occupancy comfort and investment-grade return potential.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing an apartment at Wilshire Residences?

The Farrer Road precinct demonstrates consistently strong tenant demand, particularly from expatriate professionals and relocating families attracted to the area's central location and established lifestyle amenities. Current market evidence suggests gross rental yields in the range of 2.5% to 3.5% across comparable apartments in the immediate neighbourhood, though individual yields will depend on specific unit configuration, lease length negotiated, and market conditions at the time of letting. The area's proximity to the CBD and international schools creates sustained tenant enquiry, positioning investor-owned units favourably for year-round occupancy. Long-term rental appreciation aligns with broader Singapore market trajectory, supporting capital growth alongside income returns over extended holding periods.

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

Units at Wilshire Residences are positioned at price points consistent with recent transactional activity along the Farrer Road corridor, where supply constraints and sustained demand have maintained stable per-square-foot valuations. Comparative analysis of recent sales and rental transactions across the precinct indicates that pricing at this development aligns with fair market value for well-appointed apartments in established locations with direct MRT access. Prospective buyers are encouraged to review transactional data from the past 6 to 12 months across comparable properties in the 700 to 800 square-foot range to validate pricing positioning. The development's central location and proximity to Farrer Road MRT station (CC20) support valuation levels consistent with broader market benchmarks for this sub-market segment.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens buying a second residential property at this development?

Singapore Citizens acquiring a second residential property currently incur Additional Buyer's Stamp Duty at 20% on the property purchase price, representing a material acquisition cost that must be factored into investment analysis and total outlay. For a property priced at S$2.2 million, the ABSD liability would amount to S$440,000, substantially increasing the total cost of acquisition beyond the purchase price alone. This duty applies on top of the standard Buyer's Stamp Duty and all associated conveyancing costs, meaning total stamp duty obligations may reach 4% to 5% of purchase price when combined. Prospective second-property buyers must incorporate this 20% ABSD rate into financing models and return calculations to accurately assess investment viability and monthly servicing capacity under Total Debt Servicing Ratio (TDSR) constraints.

What lease tenure does Wilshire Residences carry, and how might lease decay affect long-term resale value?

Prospective purchasers should confirm the exact lease tenure of Wilshire Residences with the developer or their legal advisor, as this information is fundamental to long-term value assessment and financing capacity. Should the development carry a leasehold tenure, the remaining lease period will gradually diminish over time, potentially impacting future saleability and financing availability once the lease drops below 80 years remaining. Historically, properties with leases below 80 years may experience financing constraints and lower appeal to owner-occupier buyers, though the Farrer Road precinct's strong demand fundamentals may provide some resilience against severe lease decay effects. For a development newly launched or recently completed, lease tenure should remain comfortably positioned for a holding period of 20 to 30 years without material resale impact, but buyers should model potential lease decay scenarios when planning extended ownership periods.

How does proximity to Farrer Road MRT station (CC20) influence demand and capital appreciation at this development?

Direct proximity to Farrer Road MRT station positions Wilshire Residences within one of Singapore's most sought-after transport-accessible precincts, underpinning consistent demand across owner-occupier and investor segments. The Circle Line connection facilitates rapid transit to the CBD, Marina Bay, and northern regions, making the development attractive to professionals and families who prioritise commuting efficiency and urban connectivity. Properties within a nine-minute walk of established MRT stations typically demonstrate superior capital appreciation relative to more peripheral locations, particularly over full property cycles spanning 10 to 15 years. The transport accessibility also supports rental demand and reduces tenant vacancy risk, as the location appeals to a broad demographic of potential tenants unwilling to accept longer commute times. Over the long term, established MRT-adjacent precincts like Farrer Road have consistently outperformed less connected localities in capital value growth, reinforcing the development's investment-grade characteristics.

Which buyer profiles are best suited to Wilshire Residences, and how does the development serve different purchasing motivations?

First-time home buyers benefit from the development's established neighbourhood character, proven transport infrastructure, and proximity to retail and educational amenities, all of which reduce relocation risk as personal circumstances evolve. Upgraders appreciate the variety of apartment configurations available, the neighbourhood's maturity, and the opportunity to acquire central-location real estate without the maintenance demands associated with landed property. High-net-worth individuals and experienced investors recognise the Farrer Road precinct's proven track record of capital appreciation, sustained tenant demand, and stable long-term value preservation, positioning apartments here as reliable portfolio diversification assets. Young professionals commuting to the CBD value the efficient MRT access and proximity to dining and entertainment establishments, whilst expatriate families are attracted to the area's international school accessibility and expatriate community presence. The development's positioning thus accommodates multiple buyer motivations, from primary residence ownership to pure investment acquisition focused on rental yield and capital growth.

What are the TDSR and financing implications for typical price points within Wilshire Residences?

At price points commencing from S$2.2 million, prospective buyers will typically require loan facilities in the range of S$1.3 to S$1.65 million, assuming 70% loan-to-value financing and adequate equity contribution. Under current lending guidelines, Total Debt Servicing Ratio limits typically cap monthly debt obligations at 60% of gross household income, requiring household income of approximately S$22,000 to S$27,500 monthly to support loans of this magnitude comfortably. Interest rate assumptions are critical to TDSR calculations, and buyers should stress-test financing models against potential rate increases, particularly given recent volatility in Singapore's lending landscape. Singapore Citizens acquiring a second property must also account for the 20% Additional Buyer's Stamp Duty (S$440,000 on a S$2.2 million purchase), which reduces available equity and may require additional financing or capital injection. Prospective buyers should engage with lending institutions for pre-approval and detailed TDSR assessments prior to committing to purchase, ensuring confidence in long-term servicing capacity across varying interest rate and economic scenarios.

How does Wilshire Residences compare to other contemporary developments in the immediate Farrer Road precinct?

The Farrer Road area hosts several established residential developments, each offering distinct architectural styles, amenity propositions, and community characteristics. Wilshire Residences differentiates itself through its contemporary design approach, its immediate proximity to Farrer Road MRT station, and the breadth of apartment configurations offered within a single development. Comparative pricing across recent transactional evidence indicates that Wilshire Residences positions competitively relative to peer developments of similar vintage and specification, though individual unit pricing will reflect specific floor levels, aspect orientations, and exact configuration details. The development benefits from the area's broader supply constraints and consistent demand flow, meaning competitive pressure from alternative projects remains moderate relative to more abundant suburban precincts. Prospective buyers comparing Wilshire Residences to nearby alternatives should evaluate transport proximity, amenity density, architectural quality, and community infrastructure positioning when assessing relative value and long-term appreciation potential.

Which unit stack levels or floor positions typically offer the best value proposition within the development?

Lower-to-mid floor units typically command pricing premiums relative to higher floors in mature central precincts, reflecting buyer preferences for ground-level convenience and reduced exposure to potential lift-related disruptions. However, higher floor positions often deliver superior light, ventilation, and panoramic outlooks, particularly where the development overlooks established greenery or lower-density residential neighbourhoods. Mid-floor positions (typically floors 8 to 15) frequently represent optimal value, offering reasonable premium avoidance whilst maintaining acceptable light and amenity quality. For investment-focused purchasers prioritising rental yield over personal amenity preference, lower-floor units may deliver superior rental appeal to tenants with mobility requirements or families with young children preferring ground-level outdoor access. The development's specific architectural design, including balcony configurations, internal aspect orientations, and neighbouring structures, will influence relative value across different floor positions. Prospective buyers should physically inspect multiple units across various floor levels to assess personal preferences and rental appeal before committing to purchase.

What future supply pipeline developments in the central region might affect long-term demand and capital appreciation at Wilshire Residences?

The Farrer Road precinct benefits from constrained land availability and established planning restrictions that preserve residential character, limiting speculative new supply within the immediate neighbourhood. Broader central region developments, particularly along the CBD fringe and eastern expansion corridors, may eventually absorb some tenant and buyer demand historically directed to established precincts like Farrer Road, though proximity to transport and maturity advantages typically insulate well-positioned developments from significant cannibalisation. Upcoming MRT line extensions and new business district activations in peripheral regions may provide alternative commute pathways, though the established CBD connectivity offered by Farrer Road's Circle Line position is unlikely to be replicated in more distant localities. Government initiatives focused on intensifying development in strategic regional centres may, over 10 to 15-year horizons, create competitive alternatives to central precincts, though historical evidence suggests that established, well-connected locations consistently retain valuation resilience relative to emerging options. Prospective long-term holders should monitor planning announcements and supply pipeline data released through official government channels, though the Farrer Road area's supply constraints and established market position suggest sustained demand fundamentals across extended holding periods.

Apartment At 30 Farrer Road — From S$2.2M