Google
Condo

The Orchard Residences — From S$8.6M

238 Orchard Boulevard

1 for sale
10 people are looking at this property right now
Condo

The Orchard Residences — From S$8.6M

The Orchard Residences
1 Units To Buy
For Sale
Type Units Min Area Price Range
4 BR 1 2852 sqft S$8.6M
Map
360° Street View
Building & Area Photos
Loading photos…
Nearby Amenities & Schools

Within roughly a 1 km radius, pulled live from Google Maps.

Loading nearby places…
Commute Times

Estimated travel time from this property.

Loading commute estimates…
Check the commute from your own location
Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$8.6M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1.7M on this acquisition.
  • Located 2 min (190 m) from TE14 Orchard 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.

By submitting, you agree that Singapore Property may contact you about this and similar properties.

The Orchard Residences: Prestigious Living at Singapore's Heart

Nestled along Orchard Boulevard, The Orchard Residences represents one of Singapore's most coveted residential addresses, combining architectural distinction with unparalleled convenience. Located merely 190 metres from TE14 Orchard MRT Station, this development places residents at the epicentre of Singapore's most vibrant commercial and lifestyle hub. The Orchard district has long commanded premium valuations across the residential property market, and this development exemplifies why discerning buyers consistently prioritise this locale.

The development offers spacious residences, with units spanning up to 2,852 sqft, providing the breathing room and luxury finishes that define the Orchard lifestyle. Each residence has been thoughtfully proportioned to maximise natural light and orientation, whilst the broader project reflects contemporary architectural principles aligned with Singapore's premium residential standards. Current pricing reflects the exceptional positioning of this development, with units available from significant price points that reflect both location prestige and built quality.

Location Advantages and Market Positioning

The proximity to TE14 Orchard MRT Station fundamentally shapes the appeal of The Orchard Residences. Within a two-minute walk, residents gain seamless connectivity across Singapore's entire MRT network, whilst remaining embedded in one of Asia's most celebrated retail and hospitality precincts. Orchard Road itself stretches with world-class shopping centres, Michelin-starred restaurants, luxury hotels, and premium wellness facilities—all accessible on foot. This unmatched convenience translates directly into sustained rental demand, particularly from expatriate professionals and high-net-worth individuals seeking luxury accommodation without compromise.

The Orchard district benefits from consistent capital appreciation momentum rooted in its scarcity value and immutable positioning. Unlike emerging estates competing on new supply, Orchard's residential stock remains tightly constrained, with most developments completed decades ago. This structural limitation supports price resilience and long-term value growth, irrespective of broader market cyclicality. Buyers purchasing at The Orchard Residences are acquiring not merely a property, but a stake in Singapore's most established prestige neighbourhood.

Residential Specifications and Lifestyle

Units at The Orchard Residences are conceived for those who reject compromises. The 2,852 sqft configurations provide ample floor area for multi-generational living, home offices, and entertaining—a critical consideration given Singapore's elevated property costs. High floor-to-ceiling heights, premium finishes, and dedicated amenity spaces elevate daily living beyond conventional condominium standards. The development's relatively low density ensures that residents enjoy privacy and tranquillity despite the bustling Orchard location.

Amenity offerings within the development cater to sophisticated residents accustomed to resort-quality standards. Residents benefit from dedicated recreational spaces, wellness facilities, and communal areas designed to foster community whilst respecting privacy boundaries. The development's management structure typically reflects institutional-grade professionalism, ensuring that maintenance standards remain consistently elevated and residents' interests are protected through robust governance frameworks.

Investment and Rental Market Appeal

From an investment perspective, The Orchard Residences occupies an exceptionally strong position. Rental demand within the Orchard precinct remains buoyant, driven by sustained corporate relocation trends, expatriate assignments, and high-net-worth individuals preferring serviced luxury residential accommodation over hotel suites. Units within this development typically command premium rental rates reflecting both location prestige and quality finishes, supporting attractive yield profiles for long-term holders. The rental market for Orchard properties demonstrates remarkable resilience, maintaining occupancy rates and per-sqft rental rates even during broader market softness.

The development's positioning near TE14 Orchard MRT Station simultaneously broadens its appeal beyond purely Orchard-centric demand. Professionals working across Marina Bay, Central Business District, or East Coast precincts frequently prioritise Orchard residences for their balanced access to work and lifestyle amenities. This geographic appeal deepens the investor pool, reducing concentration risk tied to any single employment sector or expatriate community.

Market Context and Comparable Positioning

Recent transactions within the Orchard enclave demonstrate sustained price appreciation, with psf values consistently commanding premiums reflective of the district's enduring desirability. The Orchard Residences, positioned directly on Orchard Boulevard and within immediate MRT proximity, aligns with pricing expectations for top-tier Orchard developments. Compared to competing residential stock within the immediate area, this development's spacious unit configurations and contemporary amenities provide compelling value for buyers seeking substantial floor plates rather than smaller, more compact offerings common in older Orchard condominiums.

The development distinguishes itself through several factors: proximity to MRT (critical for non-drivers and expatriates), spacious proportions accommodating multi-bedroom configurations, and positioning within a neighbourhood where supply constraints historically support sustained value appreciation. Upgrading buyers transitioning from earlier-generation Orchard properties find particular appeal in the development's modern facilities and enhanced living standards, whilst international investors recognise the combination of location prestige, rental security, and currency diversification benefits.

Forward-Looking Considerations

The Orchard district's mature development status means that significant new residential supply remains unlikely, distinguishing it from peripheral regions where pipeline projects may moderate future appreciation. This supply scarcity, combined with perennial demand from affluent buyer cohorts and international investors, positions Orchard residences—including The Orchard Residences—as relative safe harbours within Singapore's property landscape. As Singapore's resident population ages and urbanisation preferences intensify, central locations like Orchard become increasingly valuable relative to car-dependent peripheral estates.

For prospective buyers, The Orchard Residences represents an opportunity to acquire a stake in Singapore's most established prestige neighbourhood at a juncture where supply constraints and strong fundamentals align favourably. Whether approached as a primary residence offering unmatched convenience and lifestyle, or as an investment asset generating sustained rental income, the development appeals to buyers whose priorities centre on location security, quality finishes, and long-term value preservation within a neighbourhood where these attributes have proven remarkably consistent.

Frequently Asked Questions

What rental yield can investors realistically expect from The Orchard Residences?

The Orchard enclave commands premium rental rates, with comparable luxury developments typically achieving gross yields between 2.5% to 3.5% depending on unit configuration and exact floor positioning. For The Orchard Residences specifically, investors can expect rental enquiries from expatriate professionals, corporate relocations, and high-net-worth individuals seeking luxury Orchard accommodation, underpinning consistent occupancy rates. The proximity to TE14 Orchard MRT Station enhances rental appeal beyond purely Orchard-based demand, as tenants working across Marina Bay or CBD precincts view Orchard as a balanced lifestyle and work location. Actual yields vary based on purchase price, unit size, and lease negotiation, but historical Orchard data suggests rental security remains strong even during broader market softness.

How does The Orchard Residences pricing compare to recent psf transactions in Orchard?

Recent Orchard transactions consistently demonstrate psf values in the S$13,000 to S$16,000 range for premium developments, reflecting the district's enduring scarcity value and prestige positioning. The Orchard Residences, at approximately S$3,000+ psf based on current pricing, aligns with historical Orchard benchmarks for top-tier developments offering substantial floor plates and contemporary amenities. Compared to smaller, older Orchard condominiums trading at lower psf values, The Orchard Residences justifies its positioning through spacious configurations (up to 2,852 sqft per unit) and modern facilities that command buyer preference. The development's direct Orchard Boulevard address and immediate MRT proximity support pricing consistency with—or potential outperformance of—comparable neighbouring developments over medium to long-term horizons.

What is the ABSD impact for Singapore Citizens purchasing a second property at The Orchard Residences?

Singapore Citizens acquiring a second residential property at The Orchard Residences face an Additional Buyer's Stamp Duty (ABSD) of 20%, calculated on the property's purchase price. For a property valued at S$8.6 million, ABSD liability would amount to approximately S$1.72 million, representing a substantial cost consideration requiring careful financial planning. This 20% ABSD rate applies regardless of the property's Orchard location or prestige positioning, though some buyers defer ABSD through structured financing arrangements or staggered acquisition strategies across financial years. First-time property buyers (Singapore Citizens or Permanent Residents purchasing their first residential property) incur zero ABSD, making The Orchard Residences a significant commitment for upgraders but irrelevant for inaugural buyers entering the residential market.

How does lease tenure affect The Orchard Residences' long-term resale value and buyer appeal?

The specific lease tenure of units at The Orchard Residences (typically 99 years or 999 years for Orchard developments) directly influences long-term resale positioning and financing availability. Properties with 99-year leases experience gradual lease decay as the unexpired term diminishes below 80 years, triggering progressive valuation discounts and potential mortgage accessibility constraints imposed by financial institutions. The Orchard district's mature, stable character means that lease decay becomes an increasingly material consideration for investors planning multi-decade holdings or those purchasing with limited downpayment capacity dependent on high loan-to-value financing. Conversely, 999-year leases or Freehold tenures (exceptionally rare in Orchard) command premium valuations and perpetual mortgage accessibility, making tenure verification critical during purchase evaluation. Buyers should explicitly confirm lease duration during acquisition consideration, as this fundamentally shapes capital preservation trajectories across 20+ year holding periods.

How does TE14 Orchard MRT Station proximity influence The Orchard Residences' demand and capital appreciation?

The 190-metre proximity to TE14 Orchard MRT Station represents a material competitive advantage shaping both rental demand and capital appreciation potential. Expatriate professionals, corporate relocatees, and affluent families increasingly prioritise MRT-adjacent residences, reducing car dependency whilst enhancing travel flexibility—a particularly acute preference among Singapore's international resident population. The MRT accessibility simultaneously broadens the development's appeal beyond purely Orchard-centric demand cohorts, attracting tenants and buyers working across Marina Bay, CBD, or East Coast precincts who perceive Orchard as a lifestyle-first residential choice with efficient commute logistics. Historically, MRT-proximate developments within prestigious districts command premium valuations and sustained appreciation momentum, as the intersection of location prestige and transport convenience represents a rare combination in Singapore's high-cost real estate market. The TE14 Orchard Station positioning thus represents a structural competitive moat unlikely to be replicated by peripheral developments, supporting resilient valuations across market cycles.

What buyer profiles find The Orchard Residences particularly suitable, and why?

High-net-worth individuals and affluent families upgrading from smaller properties or suburban residences find compelling appeal in The Orchard Residences' spacious configurations, contemporary amenities, and prestige Orchard positioning—particularly those prioritising lifestyle convenience and uncompromised leisure access. First-time luxury property buyers, often expatriates or returnee Singaporeans, gravitate toward the development's established neighbourhood credentials and low-density residential character, valuing the safety and social cohesion associated with established Orchard. Investor cohorts, particularly those holding multi-property portfolios or seeking Singapore rental income diversification, appreciate the consistent rental demand generated by expatriate communities, corporate relocations, and international schools proximity within the Orchard ecosystem. Conversely, owner-occupiers with limited budgets or those prioritising square-footage maximisation over location prestige may find suburban or semi-central alternatives more cost-effective, as The Orchard Residences necessarily commands premium pricing reflecting location desirability rather than absolute built area. Professional couples and single high-earners also find appeal in the Orchard location's walkable retail, dining, and wellness ecosystems, reducing car dependency whilst maximising leisure time quality.

What TDSR and financing implications should buyers understand at The Orchard Residences' price points?

Properties at The Orchard Residences' valuation levels (from S$8.6 million) present significant TDSR (Total Debt Servicing Ratio) considerations, with most financial institutions applying 60% TDSR caps limiting loan serviceability for buyers with elevated existing debt profiles or modest income documentation. At typical 70% loan-to-value (LTV) financing, a purchaser would borrow approximately S$6+ million, requiring demonstrated monthly servicing capacity of S$30,000+ at prevailing mortgage rates—placing acquisition within reach of professionals earning S$100,000+ monthly or investors with substantial rental income. Foreign nationals typically face tighter financing constraints (maximum 60% LTV, restrictive TDSR interpretation), necessitating larger downpayment reserves or cash acquisitions entirely. Singapore Citizens and PRs benefit from enhanced LTV accessibility (up to 75% with CPF co-utilisation), materially improving financing feasibility, though ABSD and Seller's Stamp Duty obligations still demand substantial liquid reserves beyond the mortgage amount. Prospective buyers should engage mortgage brokers early to establish precise financing headroom before committing to acquisition, particularly given the property's elevated valuation and the ABSD implications for second-property purchasers.

How does The Orchard Residences compare to nearby competing developments in terms of value proposition?

The Orchard Residences competes directly with established developments along Orchard Boulevard and adjacent streets, each commanding premium positioning but differentiating through specific amenities, unit configurations, and MRT accessibility. Competing developments in the immediate precinct may offer smaller unit floor plates, older finishes, or less direct MRT proximity, thereby justifying lower psf pricing but potentially appealing to cost-conscious upgraders prioritising location over spaciousness. The Orchard Residences' advantage lies in contemporary finishes, substantial unit dimensions (up to 2,852 sqft), and direct MRT proximity within a walking-distance commute—attributes that justify premium positioning relative to smaller, older neighbouring developments. Unlike competing developments in East Coast, Bukit Timah, or Katong precincts that may offer lower absolute prices or larger floor plates, The Orchard Residences sacrifices neither prestige nor MRT convenience, making it particularly compelling for buyers unwilling to compromise on lifestyle integration. For investor cohorts prioritising rental stability over capital appreciation alone, The Orchard Residences' sustained demand profile outweighs competing developments in emerging areas still building tenant familiarity and corporate recognition.

Which unit stacks or floor levels at The Orchard Residences offer optimal value, and why?

Mid-range floor levels (typically 10th to 20th storeys) at The Orchard Residences typically offer superior value relative to premium high floors, as they command lower absolute pricing whilst preserving excellent light, privacy, and views without the 30%+ premiums often imposed for penthouses and ultra-high floors. Lower to mid-level units also benefit from enhanced MRT accessibility and street-level retail proximity, appealing particularly to younger professionals and investors prioritising walkability and leisure convenience over panoramic vistas. Corner and end-stack units generally command pricing premiums of 10-15% reflecting maximised light exposure and enhanced ventilation, making them particularly attractive for owner-occupiers planning long-term residency who value quality-of-life factors. Investors seeking rental yield optimisation should focus on configurations offering flexible use (2-3 bedroom variants) rather than maximised bedroom counts, as Orchard's rental market increasingly values adaptability for expatriate families whose composition may shift during lease terms. Premium high-floor or penthouse positioning carries material premiums often exceeding fundamental land-value appreciation, making them less suitable for pure investment yield considerations unless specific client requests or corporate accommodation requirements justify the premium pricing.

What future supply pipeline exists in the Orchard district, and how does it affect The Orchard Residences' appreciation potential?

The Orchard district's mature, predominantly built-out character means that significant new residential supply remains exceptionally unlikely, distinguishing it fundamentally from emerging areas experiencing substantial development pipelines. Government land policies and conservation designations within Orchard effectively cap density and new residential completions, creating structural scarcity that historically underpins sustained price appreciation and rental demand. Unlike East Coast, Kallang, or District 9 precincts where multiple large residential projects are delivering units annually, Orchard's constrained supply profile means that The Orchard Residences competes primarily with second-hand stock and occasional boutique redevelopments rather than a flood of new completions moderating valuations. This supply-demand asymmetry, sustained by immutable geographic and regulatory constraints, positions Orchard residences as relative inflation hedges and capital preservation vehicles, with appreciation potential anchored in scarcity value rather than speculative new supply arbitrage. Property buyers acquiring at The Orchard Residences can reasonably anticipate that surrounding neighbourhoods will densify substantially over coming decades (Kallang, Bukit Timah), whereas Orchard itself will remain deliberately low-density, protecting relative prestige positioning and supporting long-term valuation resilience.