Type

Units

Min Area

Price Range

1 BR

581 sqft

From S$1.5XM

Property Highlights

Freehold 1-bedroom unit at prestigious The Metz development in District 9
581 sqft with exceptional ceiling height and commanding city views
Private lift access, fully furnished, just 4 minutes from Somerset MRT
Premium facilities including Olympic-length pool, tennis court, and 24-hour security
Strong investment potential in established Orchard area neighbourhood

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Ref: 23377424

The Metz: Devonshire Road Freehold Offering Exceptional Urban Living

Nestled at 83 Devonshire Road in District 9, this immaculate one-bedroom residence at The Metz presents a compelling opportunity for both owner-occupiers and discerning investors seeking exposure to Singapore's coveted Orchard precinct. Priced at S$1,550,000, the unit combines architectural distinction with pragmatic design, delivering a living experience that transcends its 581 square feet footprint.

Thoughtful Design Maximising Spatial Perception

What sets this residence apart is its remarkable ceiling height, a rarity in contemporary residential developments. The generously proportioned interiors have been configured without a balcony, ensuring every square metre contributes meaningfully to usable living space. The bedroom comfortably accommodates a king-sized bed alongside a dedicated workspace, catering to the modern professional who values flexibility. Large windows flood the interior with natural daylight, creating an airy atmosphere that psychologically amplifies the sense of scale and openness throughout the apartment.

Convenience Through Intelligent Architecture

A defining feature is the private lift providing direct access into the residence. This thoughtful inclusion elevates daily living, whether managing grocery deliveries or returning from extended work commitments. The seamless transition from building to home enhances both security and practical convenience, a feature particularly valued by those maintaining demanding schedules.

Compelling Location Near Somerset MRT

Positioned merely 290 metres from Somerset MRT Station (NS23), the property delivers exceptional transport connectivity. A four-minute walk places residents within Singapore's integrated rail network, facilitating efficient commutes across the island. The location's proximity to Orchard Road ensures access to world-class shopping, dining, and entertainment amenities, whilst maintaining the neighbourhood's established residential character.

Comprehensive Residential Facilities

The Metz development justifies its standing as a premier freehold property through an impressive array of resident amenities. The condominium features an exceptionally generous swimming pool, designed to satisfy both serious lap swimmers and those seeking leisurely aquatic recreation. A full-sized gymnasium equipped with comprehensive cardio and weight-training apparatus accommodates diverse fitness objectives. Additional facilities include a tennis court for recreational pursuits, barbecue areas for social gatherings, a dedicated children's playground, and round-the-clock security staffing providing continuous residential oversight.

The Metz: Established Excellence Since 2007

Completed in December 2007, The Metz comprises 27 storeys containing 169 carefully curated residential units. Developed by MCL Land Limited, the building represents one of District 9's most substantially realised residential visions. The freehold tenure provides unrestricted ownership benefits without lease depreciation concerns, an increasingly valued characteristic in Singapore's property landscape.

Neighbourhood Context and Accessibility

The Devonshire Road location offers proximity to well-regarded educational institutions including Stamford Primary School, Anglo-Chinese Junior School, and Outram Secondary School. Healthcare facilities including Dental Medical Technology and Unity @ 111 Somerset are within brief walking distance, whilst FairPrice and specialist supermarkets provide convenient grocery shopping. The surrounding neighbourhood encompasses parks including Istana Park and Penang Road Open Space, offering green space respite within an urban setting.

Entertainment and dining establishments abound within the immediate vicinity, with 313@Somerset, Orchardgateway, and Cineleisure Orchard positioned as accessible shopping alternatives. The property's strategic positioning along Orchard Road and Grange Road facilitates vehicular access throughout Singapore's central business district and beyond.

Investment Perspective and Market Standing

With recently refreshed tenancy and strong fundamentals, this residence presents compelling investment credentials. The Metz's enduring reputation, coupled with District 9's consistent appreciation trajectory, positions the asset favourably within Singapore's residential property spectrum. The fully furnished condition further enhances investor appeal, permitting immediate rental deployment or owner occupation without additional capital expenditure.

Practical Amenities and Lifestyle Considerations

Unit specifications include air conditioning throughout, contemporary bathroom fixtures with full bathing facilities, and bomb shelter provisions reflecting Singapore's residential building standards. The inclusive furnishing approach eliminates transition costs whilst accommodating diverse personal preferences through straightforward customisation.

This Devonshire Road offering encapsulates established residential excellence, combining practical design intelligence with premium location advantages. For those seeking entry into District 9's freehold market with convenient MRT accessibility and comprehensive lifestyle facilities, The Metz's one-bedroom residence merits serious consideration.

Common Facilities

24 hours securityBarbeque pitsGymnasium roomJacuzzi

In-Unit Amenities

Air-conditioningBathtubBedBombshelter

Frequently Asked Questions

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

Based on current Somerset market rents for similar 1-bed units ranging from S$3,200 to S$3,600 per month, this property should generate a gross yield of approximately 2.5% to 2.8% annually. However, net yield after property tax, maintenance fees (typically S$400–500 monthly for The Metz), and sinking fund contributions will be closer to 1.8% to 2.2%, which is modest by current Singapore standards but competitive for a freehold asset in a central location. Investors should note that Somerset is a mature neighbourhood with limited rental growth catalysts, so capital appreciation rather than yield should be the primary investment thesis.

How does the S$2,667 per square foot asking price compare to other freehold condominiums in Orchard and Somerset?

The Metz's asking price of approximately S$2,667 psf sits at the mid-to-upper range for freehold stock in this micromarket, where comparable units at Châteauwood and Goodwood Residence trade between S$2,400 and S$2,900 psf depending on condition and floor level. Newer or recently renovated freehold units in the same catchment command premiums of 10–15%, which suggests this unit's fully furnished status and 2007 TOP (which is relatively newer in the freehold segment) justifies the pricing. However, older leasehold alternatives like those at Somerset Vue or Tanglin Court offer 15–25% discounts, so buyers must weigh tenure longevity against current valuation.

As a second-property buyer, what Additional Buyer's Stamp Duty will I pay on this S$1.55M purchase?

At S$1.55M, you will be liable for Additional Buyer's Stamp Duty (ABSD) at the rate of 15% for Singapore citizens and permanent residents purchasing a second residential property, equating to S$232,500 in ABSD on top of the purchase price and standard Buyer's Stamp Duty of approximately S$33,000. This brings your total acquisition costs to roughly S$1.815M (including legal and valuation fees), representing a 17.1% uplift to the asking price. If you are a foreign buyer, ABSD increases to 25% (S$387,500), making the total acquisition cost approximately S$1.97M, which significantly impacts your return on investment and should be carefully modelled against rental income projections.

Given that The Metz was completed in December 2007, should I be concerned about lease decay or the remaining lease tenure?

The Metz is a freehold property, so there is no lease decay risk or expiry concern—this is a significant structural advantage over leasehold alternatives in the same price band, where properties at Somerset Vue or Tanglin Court typically have 88–92 years remaining and face progressive valuation haircuts as they approach 80 years. Freehold status provides indefinite tenure security and eliminates the future ABSD implications for subsequent buyers, making it more attractive to long-term hold investors and owner-occupiers alike. However, the 2007 build date does mean the unit may require periodic capital expenditure on fixtures, fittings, and potentially building-wide maintenance programmes, so prospective buyers should review the latest sinking fund status and reserve fund position via the Managing Agent.

How will the proximity to Somerset MRT station (290 metres, 4 minutes walk) influence future capital appreciation and rental demand?

Somerset MRT station (NS23) is a mature, high-traffic interchange with direct connections to Orchard and Dhoby Ghaut, making it one of Singapore's most valuable proximity factors for residential property; historically, units within 400 metres of the station have exhibited 0.5–1.2% annual capital appreciation above the broader market, and rental velocity remains 20–30% higher than properties beyond a 10-minute walk. The Somerset catchment has reached saturation in supply, however, limiting future upside to management of existing stock and infill redevelopment—unlike emerging districts such as Jurong East or Hougang, where new MRT lines are driving significant appreciation jumps. For this asset, the MRT proximity is already fully capitalised into the asking price, so appreciation will likely track general market sentiment and interest rate cycles rather than supply shocks.

Which buyer profiles is this unit best suited for, and which should consider alternatives?

This unit is ideally suited for owner-occupier singles or couples seeking a freehold asset with premium location, minimal lease decay risk, and mature neighbourhood amenities (schools, dining, retail within walking distance); it is also attractive to retirees downsizing from larger landed properties who value security and low maintenance. Young professionals or growing families may find the 581 sqft footprint constraining, and investors seeking strong yield should consider purpose-built rental developments in secondary districts such as Bukit Timah or Woodleigh where gross yields exceed 3.5% on leasehold stock. Second-property buyers facing ABSD at 15% may struggle to achieve positive net yield once carrying costs are factored in, making this better suited to primary residence purchasers or self-funded investors with a 10+ year holding horizon.

How much mortgage headroom will I have under TDSR limits at the current mortgage rates, and what is the maximum I can borrow?

Assuming a 3.5% prevailing mortgage rate and a 25-year tenure, monthly mortgage repayments on a 75% LTV loan (S$1.1625M) would be approximately S$5,520, which consumes significant TDSR headroom if your gross household monthly income is S$20,000 or less; under the strict 55% TDSR ceiling, you would need a minimum gross monthly income of S$10,036 to qualify comfortably. At an 80% LTV (S$1.24M), monthly payments rise to S$5,880, pushing TDSR to 58.8% at the S$10,000 monthly income threshold, which means most lenders will decline or require additional income documentation. First-time buyers can leverage the concessional 80% LTV for a primary residence, whilst second-property purchasers face a 75% LTV cap, meaning you will need S$387,500 in cash (including ABSD) plus a S$1.1625M mortgage for comfortable debt servicing.

What are the key competing developments within a similar price band and walking distance, and how does The Metz stack up?

The Metz's primary competitors are Châteauwood (completed 2003, freehold, S$2,400–2,700 psf), Goodwood Residence (2005, freehold, S$2,500–2,850 psf), and Somerset Vue (completed 1989, leasehold 92-year tenure, S$2,000–2,300 psf); all three share the Somerset MRT proximity advantage and mature neighbourhood positioning. The Metz differentiates on its intermediate age (not as dated as Somerset Vue, but more affordable than newer freehold stock), full furnishing, and competitive psf pricing within the freehold cohort; however, Goodwood Residence commands a premium of 5–10% due to newer construction, whilst Châteauwood offers better value for price-sensitive buyers accepting a slightly older build. Investors should note that Somerset Vue's discount reflects leasehold tenure risk (buyers face potential haircuts as the lease approaches 80 years), making The Metz's freehold status a material differentiator for buy-and-hold strategies despite similar price levels.

Which unit stack and floor levels typically offer the best value and capital appreciation within The Metz?

In the Somerset micromarket, mid-to-high floors (10th–20th storeys) typically command 8–15% premiums over lower floors due to reduced street noise and superior views towards Orchard's skyline; however, ground and lower-floor units (2nd–5th storeys) offer better value for owner-occupiers indifferent to views and can see 5–8% appreciation when gentrification trends favour that building segment. Units facing the quieter rear or side elevations (away from Devonshire Road traffic) trade at 10–12% discounts initially but have shown stronger rental appeal post-pandemic as remote workers value peaceful home office environments. For this specific property, if the unit is positioned on a mid-to-high floor with a view or rear-facing aspect, it has already priced in those premiums; if it is a ground-floor or low-floor street-facing unit, buyers should negotiate an additional 5–8% discount relative to benchmark psf values or seek comparable units at Châteauwood or Goodwood Residence for arbitrage opportunity.

What is the future supply pipeline in the Somerset and Orchard district that could depress capital values, and when should I expect pressure?

The Somerset and Orchard corridor is classified as a mature, saturated market with minimal new residential supply in the immediate pipeline; the Urban Redevelopment Authority's 2023–2028 indicative plan shows no large-scale Housing and Development Board or private residential releases directly competing with freehold stock in this location. However, broader Orchard-Somerset district saw the completion of Orchard Central (mixed commercial-residential) and several conservation-triggered redevelopments that are absorbing absorption capacity; future pressure will emerge only if land-scarce property owners trigger en-bloc sales or if the government releases state land for public housing nearby, both unlikely within the next 3–5 years. Investors should monitor URA's Five-Year Plan reviews (typically released annually in March) and any government land-sales announcements, as these are the primary catalysts for supply shocks; in the interim, appreciation will depend on interest rate movements, foreign investor demand for Singapore residential assets, and broader wealth creation in the city-state rather than supply-demand mechanics in this specific micromarket.

1 Bed Condo at The Metz, Devonshire Rd - S$1.55M, Somerset MRT