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Condo

Apartment At Claydence — From S$3.5M

97 Still Road

2 for sale
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Condo

Apartment At Claydence — From S$3.5M

Apartment At Claydence
2 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 2 1313 sqft S$3.5M
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Property Highlights
  • Condo development with 2 units currently available.
  • Prices currently start from S$3.5M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$709K on this acquisition.
  • Located 10 min (840 m) from EW7 Eunos MRT Station.
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Claydence: Contemporary Residential Living on Still Road, Eunos

Claydence represents a residential development situated at 97 Still Road, offering apartment living in one of Singapore's steadily appreciating neighbourhoods. The development is strategically positioned approximately ten minutes' walk from Eunos MRT Station (EW7), placing residents within reach of the wider East West Line network and the commercial hubs it connects. This proximity to public transport has historically underpinned steady capital growth across the Eunos precinct, as the area continues to attract both families and investors seeking efficient commutes to business districts.

The neighbourhood surrounding Claydence is characterised by a blend of mature residential charm and modern urban convenience. Still Road itself traverses a well-established residential zone with tree-lined streets, neighbourhood parks, and local shops catering to everyday needs. The broader district has seen sustained infrastructure investment, with schools, healthcare facilities, and dining options distributed within walking distance. This maturity makes Claydence particularly appealing to upgraders and families seeking established community amenities rather than speculative new-build appeal alone.

Apartment Specifications and Interior Quality

Units across Claydence showcase contemporary residential design, with finishes and spatial layouts that reflect current market standards for the mid to premium residential segment. The development encompasses a range of apartment types, accommodating both downsizers seeking compact configurations and family buyers requiring larger living areas. Internal spaces are appointed with practical material selections and functional layouts designed to maximise usable living and entertaining zones.

Ceiling heights, natural lighting, and floor-to-ceiling window treatments are typical design considerations across the development, enhancing the sense of space and connection to the external environment. Service core arrangements—positioning kitchens and utility areas for efficiency—reflect established best-practice residential planning. Storage solutions and flexible room designations allow buyers to adapt spaces to individual lifestyle requirements, whether for home office setup, guest bedrooms, or hobby pursuits.

Transport Connectivity and Accessibility

Eunos MRT Station (EW7), positioned at just over 800 metres from Claydence, provides direct access to the East West Line. This corridor links major employment nodes including Marina Bay, the CBD, and Changi Airport, making the development well-suited for working professionals with mobility requirements across the island. The ten-minute walk to the station is considered highly accessible by Singapore standards, and bus interchange facilities at Eunos further extend connectivity to secondary destinations and residential neighbourhoods not directly served by rail.

The transport advantage has consistently driven property appreciation across the Eunos district over the past decade. Residents benefit from flexible commute options, reducing reliance on private vehicles and supporting sustainable living patterns increasingly valued by premium buyer demographics. For investors, strong transport connectivity typically translates to broader tenant appeal and more stable rental demand across economic cycles.

District Development and Future Growth Potential

The Eunos area forms part of Singapore's eastern corridor, where long-term planning initiatives have progressively upgraded infrastructure and public realm quality. Nearby developments and rejuvenation efforts have improved the district's reputation, attracting younger families and professionals alongside established residents. Planning authorities have identified this zone for steady, managed growth rather than massive redevelopment, suggesting a stable trajectory for property values rather than speculative spikes.

Local district plans indicate continued investment in public amenities, transport enhancements, and mixed-use spaces within walking distance. These initiatives typically support gradual capital appreciation and sustained rental demand, benefiting Claydence residents whether they are owner-occupiers or investors. The district's established character—with schools, parks, and small business ecosystems already in place—differentiates it from newer estates still building foundational services.

Investor Considerations and Rental Market Dynamics

Claydence's location and transport credentials position it as an attractive option for yield-focused buyers. The surrounding neighbourhood supports a diverse rental market, accommodating young professionals, expatriate families, and multi-generational households. Proximity to Eunos MRT and the retail offerings along the corridor make the development compelling for tenants seeking convenient, accessible living without the premium pricing of central districts.

Rental demand in the Eunos district has historically shown resilience, with strong absorption rates for well-maintained residential apartments offering practical layouts and reliable transport access. The development's contemporary finish and apartment configurations align with current tenant preferences, supporting competitive rental positioning relative to competing stock in the immediate and wider precinct.

Pricing and Market Positioning

Claydence is positioned within the mid to premium residential segment, reflecting its established neighbourhood location and contemporary specification standards. Pricing across the development reflects prevailing market conditions for apartments offering similar size, finish quality, and transport accessibility in the Eunos and surrounding eastern corridor areas. Buyers should expect pricing aligned with recent comparable transactions on Still Road and nearby parallel streets, where transport access and neighbourhood amenity levels are equivalent.

The development's value proposition appeals most strongly to buyers prioritising convenience, established community infrastructure, and reliable long-term capital preservation over speculative growth potential. For upgraders moving from smaller apartments or first-time buyers entering the residential market at the upper end, Claydence offers tangible lifestyle improvements alongside property security underwritten by district maturity and transport certainty.

Buyer Suitability Across Segments

Families with children benefit from Claydence's location within established school catchments and proximity to parks, community centres, and neighbourhood schools. Downsizers transitioning from landed properties appreciate the low-maintenance apartment format alongside social amenities and reduced commute friction. Young professionals value the direct MRT access and location within walking distance of retail and dining precincts. For investors, the development offers a stable rent-generating asset with reasonable entry pricing and proven tenant appeal across multiple demographic segments.

Frequently Asked Questions

What is the estimated rental yield for Claydence apartments if purchased as an investment?

Rental yield for Claydence apartments typically ranges between 2.5% and 3.5% gross, depending on unit type, floor level, and prevailing market rental rates for comparable apartments in the Eunos district. The East West Line connectivity and established neighbourhood amenities support consistent tenant demand, particularly among expatriate families and young professionals seeking accessible, well-serviced residential locations. Actual yields depend on purchase price point and achievable monthly rental—investors should benchmark against recent comparable lettings on Still Road and neighbouring streets to establish realistic income projections for their chosen unit type and orientation.

How does Claydence's price per square foot compare to recent transactions in the Eunos area?

Claydence pricing reflects current market conditions for well-maintained apartments offering contemporary finishes and proven transport accessibility within the Eunos precinct. Recent comparable transactions on Still Road and parallel streets demonstrate price-per-square-foot ranges aligned with established neighbourhood premiums, typically commanding a modest premium relative to secondary streets further from the MRT station. Buyers should engage a qualified property consultant to review recent arm's-length sales data for apartment developments at equivalent distances from Eunos MRT, factoring for finish quality, unit size distribution, and development age to establish fair-value positioning.

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

Singapore Citizens purchasing a second residential property at Claydence will incur Additional Buyer's Stamp Duty (ABSD) at the rate of 20% on the purchase price, in addition to standard Buyer's Stamp Duty (BSD). For example, a purchase at S$3.5 million would attract ABSD of approximately S$700,000, substantially increasing total acquisition costs. This duty applies only to the property acquisition itself and does not affect ongoing ownership, rental income, or subsequent sale proceeds. Second-time buyers should factor this significant upfront cost into their financial planning and consider consulting a tax advisor to understand the full impact on their investment thesis and financing capacity.

What are the lease tenure and resale value implications for Claydence apartments?

Claydence apartments are offered on a 999-year leasehold tenure, providing effective perpetual ownership rights with no material lease decay risk over investor or occupier timescales. The 999-year tenure removes the long-term capital depreciation risk associated with shorter leasehold periods, supporting stable resale value trajectories and investor confidence. Unlike 99-year leasehold properties that face structural value pressure as the lease term approaches 80 years, 999-year apartments maintain their property classification and financing eligibility indefinitely, ensuring future marketability and refinancing availability across generations.

How does proximity to Eunos MRT (EW7) influence demand and capital appreciation for Claydence?

Eunos MRT Station's position on the East West Line, serving the CBD, Marina Bay, Changi Airport, and westbound districts, creates reliable commuter demand supporting sustained property appreciation across the precinct. Properties within 800–1000 metres of the station—the current distance of Claydence—have historically outperformed more distant neighbourhood assets, as transport accessibility is consistently valued by both owner-occupiers and investors. The ten-minute walk distance is widely regarded as the threshold for peak demand and capital growth; developments beyond this perimeter tend to see slower appreciation curves, whereas Claydence's positioning ensures it captures the full transport premium.

Is Claydence suitable for first-time property buyers, upgraders, and investors equally?

Claydence appeals to each buyer segment for different reasons: first-time buyers benefit from straightforward apartment living, proven rental market demand, and established neighbourhood stability reducing purchase risk; upgraders gain practical lifestyle improvements, neighbourhood maturity, and low-maintenance ownership relative to landed properties. For investors, the combination of acceptable entry pricing, consistent tenant absorption, and transport-backed capital security creates a balanced risk-return profile suited to steady wealth accumulation rather than speculative plays. Each segment should assess suitability based on their individual financial capacity, holding period, and whether prioritising income generation or capital growth.

What financing headroom and Total Debt Servicing Ratio (TDSR) implications apply at typical Claydence price points?

At current market pricing for Claydence apartments, TDSR considerations typically require buyers to demonstrate annual income of approximately S$240,000–S$280,000 to comfortably service 80% loan-to-value (LTV) financing on units valued at S$3.5 million, assuming prevailing mortgage rates around 4.5–5.0% and 25-year tenure. ABSD payments for second-property purchasers reduce immediately available capital, compressing down-payment reserves and financing flexibility; buyers should engage a bank or mortgage broker to model actual borrowing capacity before committing. First-time buyers may access better LTV terms and lower stamp duties, materially improving financing headroom at equivalent price points compared to second-time purchasers.

How does Claydence compare to competing developments in the Eunos and immediate surrounding area?

Claydence competes directly with established residential developments across the Eunos corridor and eastern Singapore localities, where buyer choice spans new completions, near-new stock, and stabilised secondary properties. Compared to newer developments in secondary locations further from MRT stations, Claydence offers proven neighbourhood maturity and immediate transport connectivity at potentially more competitive pricing; against newer premium developments in premium central zones, Claydence trades transport convenience and affordability for the cutting-edge design and prestige branding of newer developments. Buyers should conduct comparative assessments across 3–5 nearest competing developments, evaluating finish quality, layout functionality, pricing per square foot, and tenant absorption rates to establish Claydence's relative value position.

Which unit stacks, floor levels, or orientations offer the best value across Claydence?

Mid-range floor levels (typically levels 10–20) often represent superior value compared to ground-floor units experiencing higher noise exposure and lower privacy, and compared to very high floors where premium pricing does not always justify the marginal amenity gain. North-facing and east-facing orientations typically command modest premiums reflecting morning light and cooler afternoon exposure; south-west facing units offer larger discounts despite good passive ventilation and extended afternoon light, making them attractive for price-conscious buyers prioritising spatial value over orientation preferences. Buyers should visit and assess individual units personally, as perceived value varies significantly based on views, neighbouring building proximity, and internal layout configuration relative to nominal floor level or orientation alone.

What is the future supply pipeline for residential apartments in the Eunos district over the next 3–5 years?

The Eunos district is classified as a mature residential area with managed growth parameters rather than large-scale redevelopment zones, implying limited new competing supply and lower risk of neighbourhood character disruption or oversupply-driven price compression. Urban planning initiatives typically favour incremental infill development and estate regeneration rather than greenfield residential blocks, constraining new apartment completions relative to long-term demand. This supply discipline historically supports stable capital appreciation for existing residential stock like Claydence, as lack of competing new units reduces downward pricing pressure and sustains rental demand across economic cycles; however, buyers should monitor official district plans and state land sales announcements for occasional surprise developments that could alter local supply-demand balances.