Type

Units

Min Area

Price Range

3 BR

1270 sqft

S$2.4M

Property Highlights

Condo development with 2 units currently available.
Prices currently start from S$2.4M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$476K on this acquisition.
Located 7 min (550 m) from NE8 Farrer Park 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.

Kerrisdale: Contemporary Living in District 8's Most Connected Neighbourhood

Kerrisdale stands as a distinguished residential address on Sturdee Road, positioning residents in the heart of District 8 with seamless access to one of Singapore's most vibrant precincts. The development's strategic location places it within a short walk of Farrer Park MRT Station (NE8), a gateway to the city's transport network that connects residents to the Central Business District, Marina Bay, and employment hubs across the island in under 15 minutes. This connectivity advantage has made the neighbourhood increasingly sought-after by professionals, families, and investors alike.

The residences at Kerrisdale are thoughtfully configured to maximise both space and natural light. Units across the development showcase efficient floor plans that eliminate wasted circulation, allowing homeowners to derive greater utility from their living areas. High-floor placement throughout the development ensures bright, airy interiors with expansive views across the surrounding neighbourhood, creating a sense of elevation and privacy that enhances the living experience. The architectural approach prioritises livability, making these homes immediately ready for occupancy without the need for extensive renovations or reconfiguration.

Location Advantages and Neighbourhood Character

Sturdee Road's positioning in District 8 places residents at the crossroads of convenience and community character. City Square Mall sits just minutes away on foot, offering a comprehensive range of retail, dining, and lifestyle facilities that cater to daily needs without requiring a car journey. The surrounding precinct is equally well-served by independent restaurants, cafés, and entertainment venues that reflect the cosmopolitan nature of this established residential zone.

Educational institutions of note cluster nearby, including Farrer Park Primary School and Hong Wen School, making Kerrisdale particularly attractive to families with school-age children. Parents benefit from walkable school runs and access to institutions with strong academic reputations, reducing commute times and supporting a balanced family routine. The mature nature of the neighbourhood means that community amenities, parks, and recreational spaces have been developed over time, creating a stable, well-rounded living environment rather than the transience sometimes associated with newer estates.

Investment Profile and Market Position

Properties at Kerrisdale appeal to multiple buyer cohorts, each recognising distinct advantages aligned with their circumstances. First-time buyers entering the residential market find appeal in the development's efficient unit designs and moderate entry price points relative to comparable District 8 developments, whilst the proximity to Farrer Park MRT ensures strong future demand. Upgraders transitioning from smaller units to larger family homes benefit from the proven neighbourhood stability and established amenity base, reducing uncertainty about future value. High-net-worth individuals and investment-focused purchasers recognise the rental yield potential inherent in MRT-proximate properties in this district, where tenant demand remains consistently strong due to commuting convenience and lifestyle access.

The rental landscape for District 8 properties near Farrer Park MRT has demonstrated resilience across multiple market cycles. Tenants prioritise locations that minimise commute times and offer walkable access to lifestyle facilities, characteristics that Kerrisdale fulfils comprehensively. Properties at this development attract both family tenants seeking stable, established neighbourhoods and young professionals valuing connectivity, supporting a diversified tenant base and reducing vacancy risk for investor-owners. Estimated gross rental yields for comparable District 8 properties at similar distances from MRT stations typically range between 2.5% and 3.2% annually, depending on unit configuration and floor level, with Kerrisdale's efficient layouts and MRT proximity positioning it favourably within this range.

Financing and Affordability Considerations

Buyers evaluating Kerrisdale within the context of their overall financial position should consider the development's pricing relative to Total Debt Servicing Ratio (TDSR) constraints and mortgage approval parameters. At typical price points for the development, properties generally fall within loan-to-value ratios of 75% to 80%, meaning buyers should have liquidity for a 20% to 25% down payment whilst remaining compliant with TDSR ceilings set by financial regulators. For properties marketed at price points around S$2.38 million, a 25% down payment equals approximately S$595,000, with the remaining amount eligible for mortgage financing over standard 30-year tenure, yielding monthly instalments in the range of S$6,500 to S$7,200 depending on prevailing interest rates and bank terms.

Singapore Citizens purchasing Kerrisdale as a second residential property should factor the Additional Buyer's Stamp Duty (ABSD) into their total acquisition cost. ABSD is assessed at 20% on the purchase price of a second residential property acquired by a Singapore Citizen, a substantial cost that increases total outlay by approximately S$476,000 on a S$2.38 million purchase. This duty applies in addition to standard stamp duty and legal fees, making total acquisition costs for second-property purchases substantially higher than primary residence acquisitions. Buyers should incorporate this charge into their financial planning and verify the property's eligibility status with conveyancing counsel before committing to purchase.

Comparative Market Position

District 8's residential market encompasses several developments competing for buyer and tenant attention, each with distinct characteristics that shape pricing and appeal. Properties at Kerrisdale compete directly with developments located on neighbouring streets and at comparable distances from Farrer Park MRT, with price-per-square-foot metrics typically ranging from S$1,850 to S$2,100 per sqft for comparable units at similar MRT accessibility. Recent transactional evidence across District 8 suggests that MRT-proximate properties command premiums of 8% to 12% relative to properties at greater distances from stations, reflecting the market's consistent valuation of transport connectivity. Kerrisdale's positioning within this premium band reflects its sub-7-minute walk distance to Farrer Park MRT and the development's reputation for efficient layouts and well-maintained common areas.

Long-term Supply and Market Dynamics

District 8's residential supply pipeline remains relatively moderate compared to emerging growth areas, a factor that historically supports value stability in established precincts. The Government Land Sales programme has not designated substantial tracts within District 8 for residential development in recent years, suggesting that new competitive supply will remain limited in the medium term. This scarcity dynamic supports demand for existing residential stock, particularly at developments like Kerrisdale that combine established reputation, MRT proximity, and efficient unit design. Buyers should recognise that District 8's constrained supply position enhances long-term value retention, particularly for properties held beyond five-year ownership windows.

Lease tenure represents a critical consideration for purchasers of any freehold or leasehold property. Kerrisdale residents benefit from the development's secure positioning, with unit leases typically extending well beyond conventional holding periods for most owner-occupiers. Leasehold decay—the incremental reduction in property value as remaining lease tenure diminishes—becomes relevant only after 70 years of remaining lease life, a threshold unlikely to impact Kerrisdale residents within typical 15 to 25-year ownership horizons. For longer-term holding periods or investor considerations, prospective buyers should confirm the specific lease commencement date and remaining tenure with their conveyancing counsel, ensuring alignment with their intended ownership timeline and exit strategy.

Lifestyle and Community Integration

Beyond transactional and financial considerations, Kerrisdale residents benefit from integration into one of Singapore's most established and character-rich residential neighbourhoods. The immediate precinct around Sturdee Road has evolved over decades into a mature community where neighbours frequently span multiple generations, fostering social cohesion and community engagement. Weekend foot traffic at City Square Mall and the surrounding precinct creates a vibrant, peopled atmosphere distinct from quieter suburban enclaves, appealing to residents who value walkable access to activity and social engagement. The combination of modern residential comfort, established community character, and transit connectivity creates an appealing lifestyle proposition for families, professionals, and downsizers alike.

Frequently Asked Questions

What is the estimated rental yield for investor-owners purchasing at Kerrisdale?

Rental yields for District 8 properties at comparable MRT proximity typically range between 2.5% and 3.2% gross yield annually, reflecting both stable tenant demand and prevailing rental rates in the established neighbourhood. Properties at Kerrisdale benefit from the development's efficient unit designs, which appeal to both family tenants and young professionals, reducing vacancy risk. The proximity to Farrer Park MRT (NE8) substantially enhances rental appeal, as tenants prioritise locations minimising commute time to central business districts, supporting consistent demand and rental growth tracking inflation. Investors should factor ABSD charges into yield calculations, as these meaningfully impact net returns on second-property acquisitions.

How does Kerrisdale's price per square foot compare to recent District 8 transactions?

Recent transactional evidence across District 8 shows price-per-square-foot valuations ranging between S$1,850 and S$2,100 for properties at comparable MRT accessibility and development maturity. Properties commanding MRT-proximate positioning typically trade at 8% to 12% premiums relative to those further distant, reflecting the market's consistent valuation of transport connectivity and commute convenience. Kerrisdale's positioning within the District 8 premium band reflects its sub-7-minute walk distance to Farrer Park MRT, established reputation, and efficient unit layouts that appeal to owner-occupiers and investors alike. Comparative analysis with recent District 8 sales should form part of any buyer's valuation assessment, ensuring pricing aligns with contemporary market evidence.

What are the ABSD implications for a Singapore Citizen purchasing Kerrisdale as a second residential property?

Singapore Citizens acquiring Kerrisdale as a second residential property are subject to Additional Buyer's Stamp Duty at 20% of the purchase price, applied in addition to standard stamp duty and legal costs. On a purchase price of S$2.38 million, ABSD totals approximately S$476,000, substantially increasing total acquisition costs and reducing net equity in the property. This duty applies regardless of the property's use (owner-occupied or investment) and represents a material cost factor that should be incorporated into financial planning and investment return calculations. Buyers should discuss ABSD implications with their conveyancing counsel and financial adviser, ensuring full understanding of total acquisition outlays before committing to purchase.

Should I be concerned about lease decay affecting Kerrisdale's long-term resale value?

Lease decay—the gradual reduction in property value as remaining lease tenure diminishes—becomes a material consideration only when remaining lease tenure falls below 70 years, a threshold unlikely to affect Kerrisdale residents within conventional 15 to 25-year ownership horizons. Most purchasers at Kerrisdale will exit their investment substantially before lease decay becomes a value-impacting factor, supporting confidence in long-term resale appeal. For investors with extended holding periods or those contemplating multi-generational ownership, the remaining lease tenure should be confirmed with conveyancing counsel, allowing alignment between intended holding period and lease durability. District 8's established character and constrained supply of comparable properties historically provide strong value support, further mitigating lease decay risk within conventional ownership windows.

How does proximity to Farrer Park MRT (NE8) affect property demand and capital appreciation?

MRT-proximate properties across Singapore consistently command capital appreciation premiums relative to car-dependent alternatives, reflecting both owner-occupier and investor demand for transport connectivity. Farrer Park MRT's position on the North-East Line provides direct, rapid access to the Central Business District, Marina Bay, and employment corridors in under 15 minutes, a commute advantage that supports sustained tenant and buyer demand. Properties within 7-minute walking distance of MRT stations typically appreciate 1% to 2% faster annually compared to properties further distant, a compounding advantage over multi-decade ownership horizons. Kerrisdale's sub-7-minute proximity positioning places it favourably relative to alternative District 8 options, supporting demand resilience and value growth tracking broader market appreciation trends.

Is Kerrisdale suitable for first-time property buyers, upgraders, and investor-owners?

Kerrisdale appeals to multiple buyer profiles with distinct priorities. First-time buyers benefit from moderate entry price points relative to comparable District 8 developments, efficient unit designs that minimise future renovation costs, and MRT proximity ensuring strong future demand and resale marketability. Upgraders transitioning from smaller units appreciate the development's established neighbourhood stability, proven amenity base, and walkable access to lifestyle facilities and education, reducing uncertainty about long-term value and community satisfaction. Investors recognise rental yield potential driven by MRT accessibility, consistent tenant demand among professionals and families, and pricing positioned at a premium reflecting the development's maturity and location. Each buyer profile should evaluate Kerrisdale within the context of their specific holding horizon, financing capacity, and exit timeline.

What TDSR and financing headroom should I expect at Kerrisdale's typical price points?

Properties at Kerrisdale's typical price points around S$2.38 million generally fall within loan-to-value ratios of 75% to 80%, requiring down payments of 20% to 25% (approximately S$476,000 to S$595,000). Monthly mortgage instalments on a S$1.785 million loan (75% LTV) over 30 years at current interest rates typically range between S$6,500 and S$7,200, depending on prevailing mortgage rates and bank terms. TDSR limits restrict total monthly debt servicing to 60% of gross monthly income, meaning purchasers should target gross monthly incomes of at least S$11,000 to S$12,000 to comfortably service property and other debts without breaching regulatory ceilings. Prospective buyers should discuss financing capacity and TDSR position with their bank or mortgage broker before finalising purchase decisions.

How does Kerrisdale compare to nearby competing developments in District 8?

District 8's residential market includes several developments positioned at varying distances from Farrer Park MRT and other transport nodes, each with distinct characteristics shaping value and appeal. Developments further distant from MRT stations typically price at discounts of 8% to 12% compared to Kerrisdale's comparable square footage, reflecting the transport connectivity premium the market consistently applies. Recent comparative analysis suggests Kerrisdale's pricing aligns with contemporary market evidence for properties at sub-7-minute MRT walking distance with established reputations and efficient unit designs. Prospective buyers should evaluate Kerrisdale alongside alternative District 8 options, ensuring valuation aligns with transactional evidence and intended holding horizon.

Which unit stacks or floor levels typically offer the best value at Kerrisdale?

Mid-floor units (levels 10 to 20) historically demonstrate superior value-per-square-foot compared to lower-floor options, whilst offering meaningful cost savings relative to premium top-floor units, representing optimal price-to-amenity positions for value-conscious buyers. Lower floors (below level 8) typically attract modest pricing discounts reflecting reduced privacy, natural light, and views, though these units appeal to buyers prioritising purchase price over aesthetic preferences and may support stronger rental yields among tenant segments less concerned with height and vista. Top-floor and corner units command premiums of 5% to 10% reflecting enhanced views and privacy, appealing to owner-occupiers prioritising aesthetic satisfaction but offering reduced rental yield advantage relative to mid-floor stock. Investors should evaluate unit positions within the context of target tenant demographics, with mid-floor layouts typically offering superior rental yield relative to premium-priced top-floor options.

What does District 8's future residential supply pipeline indicate about long-term value?

District 8's residential supply pipeline remains relatively constrained compared to growth precincts, with the Government Land Sales programme not designating substantial tracts within the district for new residential development in recent years. This scarcity dynamic historically supports value stability in established precincts like Kerrisdale's, as new competitive supply remains limited and existing properties maintain relative rarity value. The absence of major new development projects in the immediate precinct suggests that District 8's character as an established, mature neighbourhood will remain intact, supporting community stability and amenity consistency over multi-decade horizons. Purchasers should recognise that District 8's constrained supply position, combined with Farrer Park MRT accessibility, historically supports sustained demand and capital appreciation, particularly for properties held beyond five-year ownership windows.

Condominium At 30 Sturdee Road — From S$2.4M