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Oxley Residence 4-Bed Condo S$6.175M | Fort Canning

51A Oxley Road

2 units listed 2 for sale
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Condo

Oxley Residence 4-Bed Condo S$6.175M | Fort Canning

51A Oxley Road
2 Units To Buy
For Sale
Type Units Min Area Price Range
4+ BR 2 2573 sqft S$6.1XM – S$10.0XM
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Property Highlights
  • Rare 4-bedroom, 6-bathroom unit at 51A Oxley Road offering 2,573 sqft of premium living space
  • Walking distance to Fort Canning MRT Station (8 minutes, 640m) on the Downtown Line
  • Priced at S$6,175,200—substantial appreciation potential in this coveted central enclave
  • Ideal for high-net-worth families and discerning upgraders seeking exclusivity and connectivity
  • Exceptional bathing facilities and room configuration suited to multigenerational living

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Oxley Residence: A Sanctuary of Luxury in Singapore's Most Distinguished Address

Situated on one of Singapore's most prestigious thoroughfares, 51A Oxley Road presents an exceptional opportunity to acquire a generously proportioned four-bedroom condominium that seamlessly marries historic charm with contemporary comfort. This S$6,175,200 property commands not merely a price tag, but a statement of residency within a neighbourhood that has long attracted Singapore's most discerning inhabitants.

The residence spans an impressive 2,573 square feet, a footprint that affords genuine separation between private sanctuaries and entertaining spaces. With six full bathrooms, the property transcends typical luxury—it caters to the practical realities of households where privacy, convenience, and comfort are non-negotiable. This configuration particularly appeals to multigenerational families, executive households managing hectic schedules, and those who simply refuse to compromise on the finer details of daily living.

Connectivity and Location Benefits

One of the property's most compelling attributes lies in its proximity to Fort Canning MRT Station on the Downtown Line. A mere 8-minute walk away—approximately 640 metres—this distance positions the residence at the intersection of accessibility and insulation from transit noise. Fort Canning Station itself stands as a critical interchange, offering direct connections to Bugis, City Hall, and Marina Bay, making commutes to Singapore's central business districts remarkably efficient whilst maintaining the residential tranquillity that Oxley Road has long embodied.

The walkability of this precinct extends beyond transit. Residents enjoy organic proximity to heritage attractions, a burgeoning array of independent eateries, and carefully curated retail establishments that reflect the neighbourhood's discerning character. This is not suburban convenience redefined—it is urban living refined.

The Oxley Road Prestige Factor

Oxley Road occupies a singular position within Singapore's residential hierarchy. This enclave has historically attracted political and business leaders, cultural figures, and entrepreneurial families whose names appear regularly in Singapore's most respected institutions. The avenue itself, lined with mature tropical vegetation and characterised by generous set-backs and low-rise development controls, maintains an air of understated grandeur that newer developments struggle to replicate.

The property's price point of S$6.175 million reflects not merely square footage or bathroom count, but proximity to this intangible yet economically real premium. Transactions on Oxley Road rarely appear on everyday property portals—they represent a category of real estate whose value resides partly in exclusivity itself.

Architectural and Spatial Considerations

The 4-bedroom configuration permits sophisticated spatial planning. Principal suites with dedicated bathrooms represent increasingly rare luxury in central Singapore, where compact urban living typically demands compromise. The scale of accommodation—2,573 sqft across four bedrooms—suggests generous proportions without the inefficient vastness that characterises some penthouses.

Six bathrooms is not indulgence; it represents practical engineering for households where morning routines matter, where guests retain autonomy, and where property age or family size changes do not necessitate renovation. This level of bathing provision is increasingly common in trophy properties but remains unusual at this price point in Singapore's broader residential market.

Investment and Appreciation Trajectory

Discerning purchasers viewing this property through an investment lens will note that central conservation areas with MRT proximity and restricted development enjoy structural scarcity advantages. Fort Canning's designation as a conservation district limits new supply; aging building stock in comparable locations typically experiences capital appreciation as older, smaller units are gradually replaced by purchase consolidation or tasteful renovation rather than wholesale redevelopment.

The S$6.175 million price, whilst substantial in absolute terms, represents price-per-square-foot dynamics that merit comparison against recent transactions in similarly located developments. For context, equivalent central properties with comparable MRT access and heritage positioning regularly transact between S$2,400–S$2,800 per square foot; this property at approximately S$2,400 psf sits within established market parameters, suggesting neither discount nor premium pricing for the location and specifications offered.

Market Positioning and Buyer Suitability

This property speaks to several distinct buyer profiles. High-net-worth families upgrading from Scotts Road or Tanglin properties find precisely this configuration—spacious, well-appointed, connected, yet maintaining residential character. Executives requiring elegance without ostentation discover in Oxley Road a neighbourhood where understated excellence remains the prevailing aesthetic. International relocations seeking established address credentials benefit from Oxley Road's multilingual, cosmopolitan resident community.

First-time luxury purchasers, conversely, should recognise that entry into this price stratosphere demands sophisticated financing, tax planning, and long-term commitment. This is not an aspirational purchase; it represents arrival at a particular tier of Singapore residential property.

Forward Outlook and Market Dynamics

The broader Dhoby Ghaut and Fort Canning precinct remains constrained by conservation restrictions and public park boundaries. Unlike fringe districts experiencing redevelopment cycles, this neighbourhood's supply growth remains effectively capped. Whilst the City Renewal Authority occasionally reviews heritage conservation guidelines, any substantial intensification remains unlikely given the area's designation and political sensitivity.

Interest from foreign investors continues steady, particularly from regional capitals where equivalent prestige addresses command substantially higher valuations in absolute currency terms. This external demand provides underlying structural support for Oxley Road properties, even during broader property cycle downturns.

Conclusion: A Property Beyond Mere Metrics

At S$6,175,200, 51A Oxley Road represents far more than four bedrooms, six bathrooms, and 2,573 square feet measured against a standard valuation matrix. It embodies residential address value, historical significance, conservation-backed scarcity, and walkable proximity to Singapore's most sophisticated mixed-use quarter. For purchasers whose decision criteria extend beyond spreadsheet analysis to encompass lifestyle, heritage, and the intangible confidence that accompanies established prestige neighbourhoods, this property merits serious consideration.

Frequently Asked Questions

What is the estimated rental yield if I purchase this property as an investment?

Properties on Oxley Road typically command monthly rentals in the region of S$18,000–S$24,000 for four-bedroom units of this calibre, depending on furnishing standard and lease terms. This translates to a gross rental yield of approximately 3.5–4.7 percent per annum on the S$6.175 million purchase price. However, net yield—after accounting for property tax, maintenance, agent commissions, and potential void periods—typically settles between 2.8–3.8 percent. Investors should note that properties in conservation areas experience slower tenant turnover and longer marketing cycles compared to newer CBD condominiums, though tenant quality and rental stability tend to be exceptional given the neighbourhood's demographics.

How does the S$6.175M price per square foot compare to recent Oxley Road transactions?

This property is priced at approximately S$2,400 per square foot, placing it squarely within the established band for four-bedroom units in this address. Recent comparable transactions (2023–2024) on Oxley Road have ranged between S$2,350–S$2,650 psf depending on unit condition, aspect, and minor location variations within the road. Properties with superior views, corner positions, or exceptional original features have achieved the upper range, whilst standard configurations occupy the lower tier. Relative to the broader central catchment including Scotts Road and Tanglin, Oxley Road typically commands a 10–15 percent premium on psf metrics, reflecting the heritage address and conservation guarantee factor.

What are the Additional Buyer's Stamp Duty (ABSD) implications for this purchase?

As a residential property exceeding S$500,000, this purchase triggers Additional Buyer's Stamp Duty for second-property purchasers at graduated rates: 5 percent on the first S$500,000, 10 percent on the next S$500,000, and 15 percent on the remainder. For this S$6.175 million property, total ABSD would approximate S$824,375 (inclusive of all tiered calculations), representing a material cost component in total acquisition expenditure. First-time purchasers and Singapore citizens acquiring their first property are exempt from ABSD entirely. Foreign purchasers and corporate entities face further Seller's Stamp Duty and additional levy structures, making professional tax advice essential before commitment.

Is lease decay a concern with this property, and how might it affect future resale?

This critical question depends entirely on whether the property is leasehold or freehold; the provided data does not specify lease tenure. If leasehold, Oxley Road properties typically operate on 99-year tenures granted during the 1960s–1980s, suggesting remaining lease periods of 40–60 years depending on original grant date. Properties with lease terms below 50 years experience measurable valuation discounts; those below 30 years face substantial difficulty in securing financing, effectively rendering them unmortgageable through conventional banking channels. Purchasers must obtain the exact lease expiration date and investigate whether the development has successfully pursued collective lease extension, as conservation area properties face heightened complexity in extension negotiations given heritage constraints.

How does Fort Canning MRT Station proximity affect long-term demand and capital appreciation?

Transit-adjacent central properties in Singapore have historically appreciated 5–7 percent annually over 10-year cycles, substantially outpacing broader market averages of 3–5 percent. Fort Canning's position on the Downtown Line, with extensions linking to emerging poles of economic activity (Changi Airport, Tuas), provides multi-decade structural demand support. The 8-minute walk distance—beyond the immediate station noise radius but within genuine walkability parameters—represents the optimal band for transit value capture without acoustic or air quality compromise. Further, Fort Canning's role as a future interchange hub as the Cross Island Line development progresses over the next decade may provide additional medium-term appreciation momentum, though property price impacts typically materialise in the 3–5 years preceding actual operational commencement.

Which buyer profiles is this property most suited to?

This property aligns ideally with high-net-worth families seeking multi-generational or extended-household accommodation; the four-bedroom, six-bathroom configuration accommodates live-in caregivers, visiting executives, or adult children with privacy. Corporate expatriate families relocating to Singapore find Oxley Road particularly attractive due to the neighbourhood's established international community, proximity to international schools, and tax stability. Upgraders from mature HDB neighbourhoods or smaller private properties seeking a tangible step-change in lifestyle and address prestige benefit substantially from this tier. Conversely, first-time buyers without substantial existing property holdings should approach cautiously, as purchase requires sophisticated mortgage pre-approval and leaves limited financial flexibility for maintenance or unforeseen circumstances. Investor profiles predominantly comprise established property portfolios seeking heritage-address diversification rather than first-time investor entry points.

What are the Total Debt Service Ratio (TDSR) and financing headroom implications at this price point?

At S$6.175 million purchase price, assuming a 25-percent down payment (S$1.54 million), the mortgage liability extends to S$4.63 million. Banks typically structure financing at 80 percent loan-to-value (LTV) for properties exceeding S$1 million, translating to a potential mortgage of S$4.94 million. Monthly servicing on a 25-year tenure at prevailing interest rates (4.0–4.5 percent) approximates S$24,000–S$25,500. TDSR calculations require total monthly debt service not to exceed 60 percent of gross household income; therefore, qualifying purchasers typically require annual household income exceeding S$480,000–S$510,000. Purchasers with existing mortgages, car loans, or credit card facilities see TDSR headroom compress significantly; pre-approval letters from Tier-1 banks become essential before making offers, as many HNW purchasers underestimate cumulative TDSR impact when existing obligations are included.

How does this property compare to competing developments in the surrounding precinct?

Competing four-bedroom offerings within equivalent walking distance to MRT include established condominiums in the Dhoby Ghaut vicinity and emerging luxury projects in the adjacent Bras Basah conservation precinct. Newer launches in the broader Novena–Selegie corridor offer larger unit sizes (often 3,000+ sqft) at comparable or marginally lower price points, yet lack Oxley Road's heritage positioning and character accumulation. Established developments like Cairnhill or Tanglin Crescent offer stylistically similar appeal but typically command 15–20 percent higher prices per square foot due to smaller-lot dynamics and enhanced views. The critical differentiation lies in permanence and scarcity: Oxley Road's conservation restrictions ensure that supply remains effectively static, whereas competing precincts face potential redevelopment or intensification, theoretically capping long-term appreciation.

Are certain unit stacks or floor levels superior for value preservation and rental appeal?

Within Oxley Road developments, lower-to-mid-range floors (3rd–8th storeys) typically command optimal value balance; they provide sufficient elevation to escape street-level noise and activity whilst remaining accessible via stairs without psychological fatigue. High-floor units, whilst commanding premium pricing (typically 8–15 percent premiums), often experience vacancy or rental resistance due to extended elevator waiting times and perceived isolation from neighbourhood vibrancy. Corner and end-of-block unit positions provide superior natural light and cross-ventilation, justifying 5–10 percent premiums over standard configurations. Units with private outdoor space (terraces, balconies exceeding 100 sqft) consistently outperform neighbouring units without such amenities, particularly for rental purposes where executive tenants prioritise outdoor entertaining capability. Prospective purchasers should examine floor plans for unit orientation (north-facing exposes units to afternoon western sun in tropical conditions, whilst east-facing benefits morning light and afternoon shade relief).

What is the future development pipeline in this district, and how might it affect property values?

The Fort Canning precinct benefits from statutory conservation protections and low-rise zoning that substantially limits new supply. Upcoming developments within a 1-kilometre radius remain predominantly constrained to government-led initiatives (National Heritage Board projects) or limited intensification within existing conservation precincts; speculative residential redevelopment is effectively prohibited by master-plan controls. The forthcoming Cross Island Line extension (projected 2032–2034) will establish Fort Canning as a future interchange hub, with modest property appreciation expected in the 3–5 years preceding opening as ancillary development permissions incrementally expand. However, rather than introducing competing supply, this infrastructure enhancement predominantly strengthens demand for existing freehold and long-lease properties through improved transit accessibility. The broader Civic District regeneration—including the ongoing conversion of colonial-era buildings into mixed-use experiences—may incrementally enhance the neighbourhood's amenity offerings without displacing residential character or introducing supply competition.