Type

Units

Min Area

Price Range

4+ BR

1765 sqft

From S$5.5XM

Property Highlights

Spacious 4-bedroom, 3-bathroom unit spanning 1,765 sqft in prestigious Nouvel 18 development
Prime Anderson Road location just 13 minutes walk from Stevens MRT Station on the Downtown Line
Asking price of S$5,588,888 positions this property in Singapore's established luxury residential segment
Well-connected neighbourhood with excellent access to Orchard shopping district and CBD employment hubs
Freehold condominium offering long-term capital appreciation potential in a high-demand residential corridor

Interested in this property?

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

Ref: 60214702

Nouvel 18: A Four-Bedroom Haven on Anderson Road

Nouvel 18 stands as a distinguished residential offering on Anderson Road, presenting an impressive four-bedroom, three-bathroom unit encompassing 1,765 square feet of living space. This property represents the calibre of accommodation sought by discerning buyers looking to establish themselves in one of Singapore's most sought-after neighbourhoods. The asking price of S$5,588,888 reflects the quality of construction and the desirability of this particular locale.

Location and Connectivity

Anderson Road has long held appeal as a residential address combining proximity to both leisure and commercial districts. The property sits a mere 13 minutes' walk from Stevens MRT Station, which serves the Downtown Line. This connectivity proves instrumental for commuters heading towards the Central Business District, Raffles Place, and Marina Bay—all accessible within 20–25 minutes by train. The surrounding neighbourhood benefits from the established infrastructure of the Tanglin and Orchard areas, where shopping, dining, and cultural institutions cluster within easy reach.

The accessibility to Stevens Station also means residents enjoy seamless connections to the island's broader transport network. The Downtown Line itself has become increasingly valuable for property appreciation, with multiple surrounding developments having experienced sustained capital growth since the station's opening. Anderson Road's elevated location on the fringe of the Orchard planning area positions it at a natural nexus between residential calm and urban vitality.

Property Specifications and Layout

At 1,765 square feet, this four-bedroom unit provides generous proportions for a family household or executive buyer seeking substantial internal living area. Three bathrooms ensure convenience for larger occupancies, whilst the four-bed configuration allows flexibility for live-in domestic help, home offices, or guest suites. The total floor area sits comfortably above the current market median for similar-sized units in the wider Tanglin corridor, suggesting a layout that prioritises comfort without excessive inefficiency.

Nouvel 18's architectural approach typically emphasises clean sightlines and functional spacing, with unit designs that respond to contemporary preferences for open-plan entertaining areas coupled with defined bedroom suites. The condominium's overall build quality and finish specification would align with the development's positioning at this price point.

The Nouvel 18 Development

Nouvel 18 represents a freehold condominium development, a designation of substantial importance to long-term property owners in Singapore. Freehold status removes the concern of lease decay over time, meaning this property will retain structural legitimacy and financing eligibility indefinitely. This contrasts sharply with leasehold properties, which face progressive reductions in loan eligibility and buyer appeal as lease duration diminishes below 80 years.

The development itself carries a modern residential pedigree, with construction standards and amenity offerings designed to appeal to the Upper-Middle and High-Net-Worth residential market. Such developments typically incorporate facilities such as landscape gardens, gym facilities, multiple pools, concierge services, and secure underground parking—though specific amenity details for Nouvel 18 would warrant direct enquiry with the marketing agent.

Investment Considerations

From an investment perspective, properties in the Anderson Road–Stevens MRT corridor have demonstrated steady capital appreciation over the past five years, with transactions typically ranging from S$3,000 to S$3,600 per square foot for comparable freehold units. This property's effective price per square foot stands at approximately S$3,167, positioning it competitively within the current market for this catchment. Buyers should note that recent comparable transactions have trended upwards, suggesting the pricing aligns with current market sentiment rather than representing exceptional value or premium positioning.

Rental yield potential merits consideration for investment-minded purchasers. Four-bedroom units in this locale typically achieve monthly rents in the region of S$6,000–S$7,500, depending on finish quality and lease terms. At the stated purchase price, this translates to a gross yield of approximately 1.3–1.6 per cent annually—respectable but not exceptional within Singapore's investment property landscape. However, potential buyers should recognise that capital appreciation prospects often outweigh rental yield in established Singapore residential developments.

Buyer Profile Suitability

This property aligns best with several buyer personas. High-Net-Worth individuals seeking a primary residence in an established, low-density neighbourhood will find Anderson Road's character and proximity to the Tanglin enclave appealing. Upgraders moving from smaller units or suburban housing will benefit from the generous four-bedroom configuration and accessible location. Young executive families prioritising MRT connectivity to the CBD without sacrificing residential space similarly represent a strong fit. Property investors with capital to deploy may appreciate the freehold status and long-term appreciation trajectory, though stronger rental yield profiles exist elsewhere on the island.

Financing and Affordability Context

At S$5.59 million, this property sits at a price point where most institutional lenders in Singapore impose heightened due diligence. Most major banks will extend financing up to 75 per cent of valuation for primary residences, requiring a minimum down payment of 25 per cent—approximately S$1.4 million. Total Debt Service Ratio considerations become material at this price band; buyers financing via mortgage must demonstrate that combined housing and personal debt obligations do not exceed 60 per cent of gross monthly income, implying a gross household income requirement of approximately S$320,000 annually for comfortable financing approval.

Broader Market Positioning

The Anderson Road–Stevens MRT precinct occupies an interesting position within Singapore's residential hierarchy. It commands premium pricing relative to developments further from the city centre, yet sits below the ultra-luxury tiers occupied by properties in Tanglin, Bukit Timah's prime addresses, or waterfront districts. This makes Nouvel 18 particularly attractive to buyers seeking established credentials without the scarcity premiums associated with truly rare locations. The pipeline of competing new residential launches in this corridor remains relatively modest, meaning supply constraints should theoretically support sustained pricing over time.

Viewing and Next Steps

Serious enquiries regarding this four-bedroom residence should be directed to the marketing agent, who can arrange viewings, provide detailed floor plans, and discuss current market comparable data. Prospective buyers are encouraged to visit the property during daytime and evening hours to assess neighbourhood character, accessibility to nearby amenities, and the overall environment. Engaging a property consultant or conveyancing specialist early in the process will ensure all legal and financial aspects are thoroughly evaluated before commitment.

Frequently Asked Questions

What rental yield should I expect if I purchase this property as an investment?

Four-bedroom units of this calibre in the Anderson Road–Stevens MRT corridor typically command monthly rents between S$6,000 and S$7,500, depending on finish specifications and lease flexibility. This translates to a gross annual yield of approximately 1.3 to 1.6 per cent on the asking price of S$5,588,888. Whilst this yield sits at the lower end of Singapore's investment property spectrum, the appeal lies primarily in long-term capital appreciation within an established, low-density residential corridor rather than strong cash-on-cash returns. Investors should factor in property tax, maintenance charges, and potential vacancy periods when calculating net yield.

How does the S$3,167 per square foot pricing compare to recent transactions in this area?

Recent comparable sales of freehold four-bedroom units in the Anderson Road–Stevens MRT vicinity have transacted between S$3,000 and S$3,600 per square foot, placing this property's effective price per square foot at S$3,167—firmly within the established range and reflecting current market sentiment. Over the past 18 months, price per square foot in this corridor has trended upwards by approximately 4–5 per cent annually, suggesting the asking price aligns with prevailing market conditions rather than representing exceptional value or a premium outlier. Buyers should benchmark this against specific comparable sales from the past six months to confirm fair market positioning.

What are the Additional Buyer's Stamp Duty implications for a second-property purchase at this price?

If this property constitutes a second residential purchase, Additional Buyer's Stamp Duty (ABSD) will apply at escalating rates: 5 per cent on the first S$180,000 of valuation, 10 per cent on the next S$180,000, and 15 per cent on any amount exceeding S$360,000. On a S$5,588,888 valuation, total ABSD would approximate S$780,000—a substantial cost that should feature prominently in purchase budgeting. Foreign buyers face even steeper ABSD levies at 15, 20, and 25 per cent across the same thresholds. Buyers should engage a tax specialist or conveyancing firm to model the precise ABSD liability based on valuation outcomes from their lender's appraisal.

Does this freehold property avoid lease decay concerns that affect leasehold developments?

Yes—Nouvel 18's freehold designation removes entirely the concern of lease expiry and associated capital depreciation. Leasehold properties in Singapore experience progressive reductions in loan eligibility and buyer appeal once lease duration falls below 80 years, with particularly sharp devaluation occurring in the final 30 years of a lease term. Freehold status ensures this property retains indefinite financing eligibility and inherent value independent of time decay. This structural advantage becomes especially material for long-hold investors and buyers prioritising multi-generational wealth transfer, as the property's legal standing does not deteriorate with the passage of time.

How does the 13-minute walk to Stevens MRT Station affect demand and capital appreciation prospects?

Proximity to MRT stations remains one of Singapore's most powerful drivers of residential capital appreciation and tenant demand. The 13-minute walk to Stevens Station (Downtown Line) positions this property within the optimal catchment zone—close enough to offer genuine daily commuting convenience without the noise and congestion premiums of immediately adjacent sites. Downtown Line properties have demonstrated consistent 3–5 per cent annual appreciation over the past eight years, outpacing island-wide averages. The Stevens Station catchment specifically benefits from strong CB commuter traffic and established residential brand equity, meaning demand should remain robust even during market corrections, whilst capital appreciation tailwinds persist given the station's continued relevance to both occupiers and investors.

Is this property suitable for High-Net-Worth buyers seeking a primary residence?

Absolutely. The Anderson Road location offers precisely the profile HNW buyers typically seek in a primary residence: an established, low-density neighbourhood with heritage residential credentials; ready proximity to luxury shopping and dining at Orchard; and convenient access to the CBD for business pursuits. The four-bedroom layout accommodates both immediate family and live-in domestic staff without compromise, whilst the freehold status and contemporary construction quality align with expectations of this buyer segment. The S$5.59 million price point, whilst substantial, sits comfortably within HNW purchasing capacity in Singapore and offers better value than comparable properties in more premium locales such as Bukit Timah's prime roads or traditional expatriate havens like The Peak.

What TDSR impact should I anticipate at this S$5.59M price point, and what income is required?

Total Debt Service Ratio (TDSR) regulations stipulate that combined housing and personal debt obligations cannot exceed 60 per cent of gross monthly income. At S$5.59 million with typical 75 per cent loan-to-value financing (requiring S$4.19 million borrowed), monthly mortgage repayment over a 30-year term approximates S$17,800. To maintain compliance with TDSR at 60 per cent threshold, gross household monthly income must reach approximately S$29,700, translating to an annual requirement of roughly S$356,400. Most lenders impose additional discretionary buffers, so practical income thresholds tend to sit 10–20 per cent higher. Buyers should engage their lender early to model precise TDSR outcomes based on individual debt profiles and income documentation.

How does Nouvel 18 compare to competing developments in the Anderson Road–Stevens MRT corridor?

The Anderson Road–Stevens precinct encompasses relatively few competing new developments, a factor supporting long-term price sustainability. Nearby completed projects include established developments in the Tanglin vicinity, most dating from 2010–2016, which typically transact at comparable or slightly higher price per square foot due to their prestige positioning. Nouvel 18 holds competitive advantages through freehold tenure, contemporary construction specifications, and amenity offerings typically superior to older neighbouring developments. The modest supply pipeline in this specific corridor—with limited upcoming launches—suggests Nouvel 18 benefits from relative scarcity value that should persist for the medium term. Direct comparables by development name would require specific market intelligence from local agents, but the broader positioning appears defensible given supply constraints in this highly sought catchment.

Which floor levels or unit stacks offer the best value at Nouvel 18?

Within Nouvel 18, optimal value typically concentrates on mid-floor units (floors 6–12) rather than lower or premium higher levels. Lower floors (1–5) face marginal discounts due to reduced privacy and proximity to ground-level activities, whilst top floors and units with exceptional views command premiums of 8–15 per cent over mid-floor comparables. Mid-floor units capture the amenity of height and privacy without paying premium pricing. Corner units and those with unobstructed views towards the city skyline or Bukit Timah area command marginal premiums (3–7 per cent), but unless view quality aligns with personal preferences, standard configurations on mid-floors represent superior value. Prospective buyers should examine the development's floor plan layout to identify units with superior orientation, cross-ventilation, or privacy configurations, as these attributes often represent better value than floor level alone.

What residential supply pipeline exists in this district that could impact future property values?

The Anderson Road–Tanglin–Stevens precinct faces relatively constrained new residential supply compared to growth corridors like the Eastern or Northern regions. Urban Land Institute and Singapore Urban Redevelopment Authority data suggest fewer than 3,000 units of new private residential supply are planned within this catchment over the next five years, compared to 10,000+ units in high-growth areas. The continued intensification of Orchard as a retail and hospitality hub may eventually exert upward pressure on surrounding residential values through gentrification effects. However, the established character of Anderson Road itself—comprising mature residential properties with low-density zoning—makes substantial redevelopment unlikely within the foreseeable planning horizon. This supply constraint should theoretically support price appreciation, though macroeconomic factors and broader property market cycles remain decisive variables that supersede local supply considerations.

Nouvel 18 4-Bed Condo $5.59M | Anderson Road, Stevens MRT