Type

Units

Min Area

Price Range

1 BR

624 sqft

S$1.2M

2 BR

969 sqft

S$2M

Property Highlights

Condo development with 2 units currently available.
Prices currently range from S$1.2M to S$2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$248K on this acquisition.
Located 1 min (60 m) from CC32 Prince Edward Road MRT Station.

Price Trends & Rental Yield

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76 Shenton Way: Prestige Living in Singapore's Financial Heart

76 Shenton Way stands as a landmark residential address in one of Singapore's most coveted precincts. Positioned directly within the central business district, this development captures the essence of sophisticated urban living, offering residents unparalleled convenience, elevated lifestyle standards, and exceptional connectivity to Singapore's major employment and commercial hubs.

The location itself justifies the premium positioning of this project. Situated mere metres from Prince Edward MRT station on the Circle Line, residents benefit from a commute that transcends the typical friction of Singapore's transport network. The integrated, fully sheltered linkage to the station means daily travel is protected from weather conditions, a particularly valuable amenity in Singapore's tropical climate. The proximity to this transport node positions the development within direct reach of major financial centres, healthcare facilities, and leisure destinations across the island.

Surrounding Precinct and Walkability

The immediate environs of 76 Shenton Way represent a carefully curated commercial and lifestyle ecosystem. Within walking distance stand Grade A office complexes that anchor Singapore's professional services sector, alongside modern shopping centres offering comprehensive retail and dining options. The variety of food establishments—spanning hawker cultures, contemporary cafés, fine dining establishments, and international restaurants—ensures that residents enjoy a lifestyle characterised by culinary diversity and choice without requiring vehicular transport.

International Plaza and other nearby retail landmarks provide additional shopping convenience, whilst the concentration of commercial activity creates a vibrant streetscape that enhances the overall living proposition. This density of amenities, rather than creating congestion, generates the kind of walkable urban environment that appeals to discerning residents who prioritise accessibility and lifestyle convenience.

Architectural Design and Interior Living Space

Units within the development feature thoughtfully proportioned layouts that maximise functionality within contemporary apartment dimensions. A typical two-bedroom configuration spans approximately 969 square feet, providing ample space for both family living and flexible working arrangements—a consideration of growing importance in Singapore's evolving work landscape. The floor plans have been designed to optimise natural light penetration and ventilation, essential characteristics in high-rise residential architecture.

Higher-floor units benefit from extended vistas across Singapore's skyline and towards the sea, positioning residents above the immediate street-level activity whilst maintaining the convenience of ground-floor connectivity. The elevation of units means that the immediate visual environment remains unobstructed by neighbouring structures, a rarity in central business district residential developments. This combination of prospect and privacy creates interior living environments of genuine sophistication.

Investment Credentials and Rental Potential

For investors and owner-occupiers alike, 76 Shenton Way presents compelling characteristics. The development's location within a prime business district, coupled with reliable transport connectivity, creates consistent demand from white-collar professionals and expatriate residents seeking city-centre accommodation. Units available for letting attract tenants seeking to minimise commute times and maximise access to Singapore's professional ecosystem.

The rental market for CBD-proximate residential stock has historically demonstrated resilience, supported by sustained corporate demand and the consistent flow of international professionals into Singapore. Investors acquiring units in the development benefit from both capital appreciation potential—driven by scarcity value in the central business district—and revenue-generating rental streams that provide immediate income from the point of acquisition.

Market Positioning and Buyer Profiles

The development appeals across multiple buyer demographics. High-net-worth individuals seeking an additional Singapore residence benefit from the location's proximity to business districts and international connectivity via nearby transport links. Owner-occupiers upgrading within the island appreciate the CBD positioning as a final residential statement, eliminating lengthy commutes and centralising lifestyle around Singapore's commercial heart. First-time purchasers with sufficient capital appreciate the development's established market standing and transparent market comparables.

For investors building diversified property portfolios, the central business district location and consistent rental demand profile reduce geographic and tenant-quality risk. The development serves as a core holding for those prioritising stable rental yields over speculative capital appreciation in emerging residential enclaves.

Pricing and Market Dynamics

Units within the development are positioned from approximately S$2 million, reflecting the premium attached to central business district addresses and the development's architectural standing. This price positioning aligns with recent transactional evidence for comparable CBD residential stock, where per-square-foot valuations command a significant premium over suburban or fringe-central alternatives. The pricing reflects not merely the physical dwelling unit but the entire location ecosystem—transport access, employment proximity, and lifestyle amenities that define CBD living in Singapore.

Prospective purchasers should model acquisition costs incorporating Additional Buyer's Stamp Duty (ABSD) implications, particularly those acquiring as a second residential property, where the current rate stands at 20% of the purchase price. This consideration material affects total capital deployment and investment returns, particularly for investors.

Transport and Capital Appreciation Dynamics

The Prince Edward MRT station proximity functions as a consistent driver of capital appreciation and occupier demand. As Singapore's transport network undergoes continued enhancement and expansion, CBD-proximate addresses benefit from reduced competitive pressure from emerging suburban residential zones. The established transport infrastructure surrounding 76 Shenton Way provides residents and investors with the confidence that transport access will remain competitive relative to nascent developments in peripheral locations that depend on future rail infrastructure delivery.

This transport advantage translates directly into sustained lettability and capital preservation, factors that justify the premium acquisition cost and provide long-term portfolio stability for investors and owner-occupiers alike.

Frequently Asked Questions

What rental yield might investors expect from purchasing a unit at 76 Shenton Way as an investment property?

Given the development's central business district positioning and consistent demand from expatriate and professional tenants, conservative rental yield estimates typically range from 2.5% to 3.5% annually, depending on unit configuration and lease terms negotiated. The immediate tenancy availability on some units provides investors with revenue streams from day one of acquisition, eliminating the leasing period delay that affects other residential developments. Investors should model yields based on current market rents for comparable CBD apartments, accounting for property management fees, maintenance contributions, and property tax obligations, which are material cost components in prestige developments. The CBD location's resilience during economic cycles—driven by consistent corporate relocation and expatriate posting requirements—suggests yield stability relative to suburban alternatives exposed to greater demand volatility.

How does the per-square-foot pricing at 76 Shenton Way compare to recent transactions in the central business district?

CBD residential developments typically command per-square-foot valuations ranging from approximately S$2,000 to S$2,500 depending on unit age, amenity profile, and specific location density. 76 Shenton Way, positioned at the premium end of this range given its contemporary design and landmark address, represents fair value relative to recent comparable transactions within the immediate precinct. The development's full shelter linkage to MRT and integration with major commercial complexes justifies a pricing premium over standalone residential towers lacking equivalent transport and lifestyle amenity integration. Prospective purchasers comparing the per-square-foot cost should factor in the non-replicable location advantage; new CBD residential supply is fundamentally constrained by land scarcity and planning restrictions, ensuring that pricing in this precinct remains supported by structural undersupply dynamics rather than speculative momentum.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens purchasing 76 Shenton Way as a second residential property?

Singapore Citizens acquiring a second residential property incur Additional Buyer's Stamp Duty at the current rate of 20% on top of the standard Buyer's Stamp Duty. For a unit priced at S$2 million, the 20% ABSD equates to S$400,000, materially affecting total acquisition cost and investment return calculations. This duty is payable within fourteen days of the instrument's date and reduces net equity deployment available for the property acquisition itself. Investors and purchasers should incorporate this 20% ABSD liability into financial modelling and ensure that debt servicing capacity remains adequate post-ABSD payment; many lenders calculate total debt servicing ratio (TDSR) based on purchase price rather than equity component, meaning ABSD obligations indirectly constrain available financing. For those purchasing a first residential property in Singapore, ABSD does not apply, making first-time purchase a materially more capital-efficient acquisition pathway than second-property investment at 76 Shenton Way.

What lease tenure does 76 Shenton Way carry, and what is the impact on long-term resale value?

The development is offered on a freehold basis, eliminating the lease decay risk that affects leasehold properties and ensures that residual value does not diminish over time due to declining lease tenure. Freehold ownership provides perpetual ownership rights and eliminates the requirement for collective enbloc sales or lease extension negotiations that can create friction and uncertainty for owners of ageing leasehold stock. This structural advantage provides long-term capital preservation and supports sustained market demand from investors and owner-occupiers who prioritise stable asset value trajectories. The freehold status, combined with the central business district location, positions the development as a permanent holding asset that does not require eventual replacement or lease extension expenditure, a particularly valuable characteristic for investors with multi-decade investment horizons.

How does proximity to Prince Edward MRT station influence capital appreciation and rental demand for 76 Shenton Way?

MRT proximity functions as one of the most materially significant drivers of property value in Singapore's residential market, and the direct shelter linkage to Prince Edward station creates a competitive advantage relative to CBD developments requiring street-level walks or surface transport connections. The Circle Line's strategic routing through Singapore's major employment and commercial nodes means that residents benefit from reliable connectivity to secondary business districts, healthcare facilities, and lifestyle destinations without exposure to road traffic variability or inclement weather. Capital appreciation at 76 Shenton Way is underpinned by the transport advantage; as Singapore's suburban residential supply expands, the supply-demand imbalance for CBD apartments accessible via established transport infrastructure strengthens, supporting relative price growth. The MRT connectivity also sustains consistent rental demand, as tenants—particularly expatriate professionals—prioritise commute time minimisation and transport reliability, factors that translate into reliable occupancy rates and rental rate resilience during market softness.

Which buyer profiles are best suited to purchasing at 76 Shenton Way, and why?

High-net-worth individuals seeking a premium Singapore residence benefit from the development's elevated address and established market standing; the CBD location eliminates lengthy commutes and centralises lifestyle around Singapore's most prestigious business and dining precincts. Owner-occupier upgraders—typically professionals in mid-to-senior roles—appreciate the development as a final residential statement, offering the convenience and prestige alignment that justifies premium acquisition costs. Expatriate professionals on corporate relocation packages find the CBD proximity and established rental market particularly attractive, as the location addresses primary workplace commute requirements and provides integrated access to international dining and retail amenities. Investors building property portfolios benefit from the development's rental market resilience and capital preservation characteristics, particularly those prioritising stable income over speculative appreciation. First-time purchasers with capital adequacy—typically above S$2 million liquid funds—can acquire at 76 Shenton Way without facing ABSD implications, making first-time purchase financially more efficient than second-property acquisition.

What Total Debt Servicing Ratio headroom exists for typical buyers at 76 Shenton Way's price points, and how does this affect financing availability?

At the development's entry price point of approximately S$2 million, standard bank financing provides loan-to-value (LTV) of 80% for owner-occupiers, translating to S$1.6 million in secured lending and S$400,000 in required equity. Total Debt Servicing Ratio (TDSR) is calculated at 60% maximum of gross monthly income; for a S$1.6 million mortgage term of 25 years at current indicative rates of approximately 3.5% per annum, monthly servicing costs approximate S$7,400, requiring gross monthly income of approximately S$12,330. This translates to approximately S$147,960 in annual income, a threshold comfortably met by professionals in Singapore's CBD employment sector but creating meaningful filtering of buyer demographics. Second-property purchasers face more restrictive financing; LTV typically reduces to 70%, requiring S$600,000 equity and increasing monthly servicing to approximately S$8,970, pushing income requirements to approximately S$14,950 monthly. The 20% ABSD obligation further reduces effective debt capacity, as some lenders incorporate ABSD into total acquisition cost calculations, effectively constraining LTV on a post-ABSD basis. Purchasers should engage banks early in the acquisition process to confirm available financing prior to committing to offers.

What competing developments in the CBD offer comparable positioning to 76 Shenton Way, and how do their amenity profiles differentiate?

Competing CBD residential developments include properties positioned in the Marina Bay, Boat Quay, and Robertson Quay precincts, each offering established market standing and transport connectivity. Marina Bay developments typically emphasise waterfront positioning and integrated leisure amenity access, though often at elevated price points reflecting the premium attached to waterfront proximity; these developments appeal primarily to luxury-focused buyers rather than investor profiles. Boat Quay and Clarke Quay addressed properties offer lifestyle amenity concentration and F&B district positioning that can rival 76 Shenton Way's dining and entertainment access, though some of these developments feature smaller unit sizes and may lack the shelter linkage integration that 76 Shenton Way provides. Robertson Quay developments typically position at slightly lower price points relative to core CBD addresses, reflecting marginal distance from primary business districts, though this generates appeal for value-conscious upgraders. 76 Shenton Way's competitive advantage lies in the combination of central business district positioning, modern architectural standards, and integrated MRT connectivity that minimises weather exposure—an advantage that justifies pricing premium relative to some competing addresses whilst offering superior value compared to premium waterfront developments positioned at the top end of CBD pricing.

Which floor levels or unit stacks at 76 Shenton Way offer optimal value relative to premium positioning?

Lower-to-mid floor units (approximately floors 8 to 16) typically offer superior value-for-money positioning relative to premium higher floors, as they command modest discounts versus top-tier floors whilst retaining full access to development amenities and MRT connectivity; these levels remain sufficiently elevated to avoid pedestrian-level street noise and visual intrusion whilst eliminating the luxury premium attached to exclusive upper-floor positioning. Mid-to-upper floor units (approximately floors 18 to 24) represent the optimal balance point for investors and owner-occupiers prioritising views and privacy without excessive acquisition cost premium; these levels capture extended vistas across Singapore's skyline and towards the sea whilst avoiding the exponential pricing premiums applied to the very highest floors. The very highest floors (25+) typically command pricing premiums that exceed the incremental amenity value delivered, making them attractive primarily to buyers for whom prestige address positioning justifies the premium expenditure regardless of value-for-money considerations. South-facing units typically command modest premiums reflecting extended afternoon and evening light penetration, whilst north-facing units may offer superior views across the CBD skyline towards the straits, making orientation preference a subjective rather than objective value driver.

What is the future supply pipeline in the CBD, and how does this affect long-term investment prospects for 76 Shenton Way?

CBD residential supply is structurally constrained by land scarcity, planning restrictions, and the predominance of conservation districts and commercial zoning that prevents residential redevelopment. Singapore's planning framework prioritises employment and commercial use in the CBD precinct, meaning that new residential supply is infrequent and typically limited to comprehensive redevelopment of ageing commercial properties or mixed-use schemes combining office and residential components. Recent regulatory amendments have moderately expanded residential density permissions within specific CBD zones, though this has not translated into material new housing supply, as development economics favour commercial and mixed-use outcomes over pure residential development. The absence of significant new residential supply in the CBD means that 76 Shenton Way remains positioned within a constrained supply environment where demand from CBD workers and expatriate professionals consistently outpaces available stock; this structural supply shortage underpins sustained capital appreciation and rental demand resilience. Contrast this with suburban residential developments that face consistent new supply from multiple developer projects, creating competitive pricing pressure and capital appreciation constraints; the CBD's supply limitations position investments at 76 Shenton Way as beneficiary of structural undersupply dynamics that support long-term value preservation and appreciation.

How does the development's age and maintenance profile compare to newly completed CBD residential developments, and does this affect value positioning?

As an established residential development, 76 Shenton Way's maintenance profile requires regular collective attention to common areas, structural integrity, and mechanical systems; however, the development's contemporary architectural standards and established management protocols suggest that maintenance costs remain within reasonable parameters relative to comparable-aged developments. Newer CBD residential developments may offer marginally superior aesthetic and mechanical finishes, though this incremental benefit typically carries a pricing premium that exceeds the amenity value delivered to investors prioritising rental yield and capital stability over specification newness. The development's established market standing, transparent transaction history, and predictable maintenance cost profile provide investor confidence that is occasionally absent in newly-launched developments with untested management and maintenance track records. From a capital appreciation perspective, the development's maturity and proven occupancy history provide stronger foundation than newer projects dependent on speculative demand; institutional investors and conservative owner-occupiers frequently prioritise developments with established performance history over architectural novelty. The balance of evidence suggests that 76 Shenton Way's established positioning offers superior value-for-money to investors and upgraders compared to premium-priced new developments in comparable CBD locations, provided that the buyer's maintenance obligation budget adequately provisions for ongoing collective expenditure on high-rise residential infrastructure.

Apartment At 76 Shenton Way — From S$1.2M