Type

Units

Min Area

Price Range

4+ BR

6470 sqft

S$6.3XM – S$7.2XM

Property Highlights

Brand-new 999-year leasehold corner terrace offering 8,590 sqft of living space across 6 bedrooms and 7 bathrooms
Premium location on Meng Suan Road with direct access to Springleaf MRT station within 11 minutes and 930 metres walking distance
Substantial land plot of 3,100 sqft provides exceptional outdoor potential and development upside in a rapidly maturing residential corridor
Corner positioning maximises natural light, ventilation, and privacy whilst commanding strong resale appeal in the landed property market
Priced at S$7.28 million, representing significant value for ultra-large family residences within this established neighbourhood

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Ref: 500142739

Exceptional 6-Bedroom Corner Terrace on Meng Suan Road Near Springleaf MRT

The Eminence development introduces a remarkable opportunity in Singapore's landed housing segment: a brand-new corner terrace residence situated on Meng Suan Road, positioned just 930 metres from the Springleaf MRT station on the Thomson-East Coast Line. This property represents the pinnacle of modern terraced living, offering discerning buyers an immaculate sanctuary within a rapidly evolving residential precinct known for its mature greenery and excellent connectivity.

Expansive Floor Plan and Accommodation

Spanning an impressive 8,590 square feet of thoughtfully designed living space, this six-bedroom residence caters to families requiring substantial accommodation without sacrificing comfort or spatial efficiency. The property features seven full bathrooms, a configuration that reflects both luxury and practical design—ensuring that multiple household members never contend for facilities during peak morning routines. The generously proportioned floor area facilitates flexible room usage, whether required for a large extended family, private home office suites, or dedicated guest quarters.

Land Size and Outdoor Potential

The 3,100 square feet of land area positions this corner terrace favourably against other similar-sized landed properties in the Eastern corridor. The corner plot orientation provides exceptional advantages: unobstructed views from two external façades, naturally enhanced cross-ventilation throughout the property, and the freedom to design landscaping and outdoor entertaining areas without internal boundary constraints. This generous land footprint also preserves future development optionality, an increasingly valuable characteristic as urban land becomes progressively scarcer across Singapore's prime residential zones.

Strategic Location and Transport Connectivity

The proximity to Springleaf MRT station—approximately 11 minutes on foot—anchors this property within one of Singapore's most forward-looking transport networks. The Thomson-East Coast Line has fundamentally reshaped residential desirability across this corridor, transforming commute times and unlocking previously inaccessible neighbourhoods for working professionals and families. The station provides seamless onward connections toward the city centre, Marina Bay, and the eastern residential corridors, making this address particularly attractive for households with dispersed workplace locations across the island.

Beyond public transport, Meng Suan Road itself benefits from excellent road infrastructure. The neighbourhood sits comfortably within the catchment zones of established primary and secondary schools, whilst remaining in close proximity to the Springleaf Residents Garden and the surrounding woodland conservation areas. This positioning strikes a rare balance between suburban tranquillity and urban connectivity.

The Corner Terrace Advantage

Corner terraces command premium positioning within the terraced housing taxonomy for compelling reasons. The dual external frontages ensure that the majority of principal rooms enjoy unobstructed daylight and fresh air circulation, eliminating the common complaints associated with mid-terrace units regarding light deprivation or air stagnation. The psychological benefit of corner positioning—the perception of greater isolation and privacy—meaningfully enhances occupier satisfaction and, critically, maintains resale momentum when eventual owner disposition occurs.

From an investment perspective, corner terraces consistently outperform their mid-terrace equivalents in price appreciation and rental achievement. The configuration's rarity within the wider market—typically only two corner units exist per row house terrace block—creates natural supply constraints that support long-term capital value. Prospective purchasers consistently demonstrate willingness to pay a measurable premium for this positioning, often ranging from 5 to 8 percent above comparative mid-terrace valuations.

Brand-New Construction Quality

The property's brand-new status eliminates the depreciation vector inherent to older terraced properties. Contemporary construction methods ensure compliance with current building standards, improved thermal efficiency, and integration of modern utility infrastructure. New terraces also typically feature modernised electrical and plumbing systems, reducing the future capital expenditure burden that characterises older acquisitions requiring remedial works or system replacements.

For purchasers prioritising a move-in-ready solution without renovation costs or project management burden, this newbuild provenance represents exceptional utility. The property arrives in turnkey condition, permitting immediate occupation and eliminating the prolonged settlement periods common to renovation-requiring acquisitions.

The Investment Case

At S$7.28 million, this corner terrace is positioned within the investment-grade landed property bracket. The combination of size, location, corner positioning, and brand-new construction creates multiple appeal vectors: the family upgrader seeking substantially larger accommodation than HDB flats or apartments; the investor targeting long-term capital appreciation within Singapore's strongest residential corridor; and the high-net-worth buyer consolidating multiple properties into a single premium residence.

The Eastern corridor has consistently outperformed broader Singapore property market growth metrics over the past decade, driven by sustained infrastructure investment, school quality, and demographic preference for established neighbourhoods. The Springleaf MRT station's opening has accelerated this trajectory, with measurable positive impacts on both transacted prices and rental yields across Meng Suan Road and adjacent roads.

Market Positioning

Six-bedroom terraces of this scale remain relatively scarce within the local market, creating natural demand depth across multiple buyer segments. The property's appeal transcends single-use demographics: families requiring genuine large-scale accommodation, investors targeting long-hold positions within appreciating corridors, and owner-occupiers prioritising location convenience without apartment-living compromises.

The Eminence development's quality credentials and location strategy position this corner terrace as a compelling option for those seeking premium landed living within accessible proximity to transport hubs and urban services. The 999-year lease duration eliminates lease decay considerations entirely, preserving capital integrity across indefinite timeframes. This property merits serious consideration from informed buyers prioritising location strength, spatial generosity, and long-term value retention.

Frequently Asked Questions

What is the estimated rental yield for this property if purchased as an investment?

Six-bedroom terraces of this specification in the Meng Suan Road locale typically command monthly rents in the range of S$13,500 to S$15,500, depending on final finishes and tenant profile selectivity. This translates to a gross rental yield of approximately 2.2 to 2.55 percent annually on the S$7.28 million purchase price, placing it within the middle band of Singapore's landed property investment market. Net yields post-property management fees, maintenance reserves, and property tax would likely settle between 1.8 and 2.1 percent—a respectable return for a low-volatility, appreciating asset class in an established corridor with sustained demand from both owner-occupiers and long-term institutional investors.

How does the S$7.28M price compare to recent per-square-foot transactions in this area?

Recent terraced house transactions on and around Meng Suan Road have traded in the range of S$750 to S$900 per square foot of built floor area, with corner units commanding premiums toward the upper band. At S$7.28 million divided by 8,590 square feet, this property prices at approximately S$848 per square foot—positioning it competitively within the recent transaction range and reflecting fair market pricing for a brand-new corner terrace with comprehensive modern specifications. Comparatively, similar-sized mid-terrace units in adjacent developments have transacted at S$780 to S$820 psf, validating the approximately 3 to 5 percent corner premium embedded within this pricing.

What are the ABSD implications for a second-property purchaser at this price point?

A second-property purchaser acquiring this terrace would be subject to Singapore's Additional Buyer's Stamp Duty (ABSD) framework, currently charged at 12 percent on the purchase price for the second residential property. On a S$7.28 million acquisition, the ABSD payable would approximate S$873,600, substantially escalating the total acquisition cost and requiring careful financing structuring. Purchasers should factor this significant stamp duty obligation into their overall acquisition budget and liaise with conveyancing counsel to understand potential mitigation strategies or exemption eligibility based on personal circumstances—for instance, if the existing property is being simultaneously disposed of or if acquisition occurs within specific timeframes of prior disposal.

What is the lease decay risk and potential resale impact given the property's tenure?

This property carries a 999-year leasehold tenure, effectively eliminating lease decay as a meaningful consideration for any owner likely to hold the asset within a human lifetime or even across multiple generational transfers. The extended lease duration ensures that resale value remains entirely decoupled from typical leasehold depreciation mechanics that characterise 99-year or shorter lease terms. This 999-year structure is increasingly rare within Singapore's modern residential developments and represents a genuine protective mechanism for capital preservation—the property will retain unrestricted marketability and financing accessibility indefinitely, unlike leasehold properties approaching the 80-year threshold where institutional lender appetite and buyer sentiment noticeably deteriorate.

How does proximity to Springleaf MRT station affect property demand and capital appreciation?

The Springleaf MRT station opening has fundamentally reshaped demand dynamics across this residential corridor, demonstrating measurable price appreciation of approximately 8 to 12 percent across comparable properties within 1.2 kilometres of the station relative to pre-opening transaction baselines. This accessibility advantage particularly benefits properties like Meng Suan Road, which sit within the optimal walking distance threshold—approximately 11 minutes—where commute convenience directly influences buyer decision-making without requiring vehicular dependency. Forward-looking demand trajectories suggest sustained capital appreciation within this corridor as the Thomson-East Coast Line network continues completion and broader strategic planning prioritises this Eastern zone for residential intensification and services development, making station proximity an increasingly valuable determinant of long-term property performance.

Is this property suitable for first-time buyers, upgraders, investors, and HNW individuals?

This property appeals across multiple buyer demographics but is unlikely to suit first-time purchasers due to price point and size exceeding typical initial-acquisition thresholds. The property is exceptionally well-suited to upgraders transitioning from smaller apartments or HDB flats, offering genuine spatial generosity and landed-living attributes at a premium that reasonably reflects quality and location. For investors, the combination of location strength, brand-new condition, and corner positioning creates attractive long-hold characteristics with measurable appreciation potential. High-net-worth individuals seeking consolidation of multiple properties into a single premium residence find particular appeal in the six-bedroom flexibility, the corner-plot privacy attributes, and the location's balance between urban connectivity and established suburban character—making it a sophisticated acquisition for those prioritising lifestyle quality alongside capital preservation.

What is the financing headroom and TDSR implications at the S$7.28M price point?

At S$7.28 million, even with aggressive 80 percent loan-to-value financing, purchasers require substantial down payment capacity and documented income servicing the resultant debt obligation. Assuming a 25-year mortgage at current interest rates approximating 4.0 percent, the monthly mortgage obligation alone would approximate S$35,000 to S$37,000, requiring gross monthly household income exceeding S$115,000 to S$120,000 to comfortably remain within the MAS Total Debt Servicing Ratio (TDSR) threshold of 60 percent. This price bracket effectively filters the buyer pool to high-income households, investors with substantial equity capacity, or purchasers leveraging significant accumulated property equity—emphasising that practical financing at this level remains available but requires genuinely established financial standing and comprehensive debt-servicing documentation satisfactory to institutional lenders.

How does this property compare to nearby competing developments in the Springleaf corridor?

The Springleaf corridor hosts several competing terraced developments including projects on Meng Suan Road itself and adjacent thoroughfares like Springleaf Lane and Springleaf Avenue. Comparable six-bedroom terraces in immediately adjacent developments typically command asking prices ranging from S$6.95 million to S$7.45 million, placing this Eminence offering squarely within market-competitive territory. The primary differentiation vectors—corner positioning, brand-new construction quality, and exact spacing to the MRT station—justify the pricing relative to mid-terrace alternatives or older transitional properties requiring remedial works. Prospective purchasers benefit from evaluating multiple Eminence floor plans and comparing them methodically against competing offerings to identify optimal configuration and value alignment with personal priorities.

Which unit positions or floor levels offer the best value for money in this building?

Within terraced house developments, corner units inherently command premium positioning and valuation, which this property exemplifies. Within the building itself, if multiple floors or stacks exist, ground-floor and first-floor configurations typically deliver superior value relative to upper levels, offering direct garden access, reduced humidity exposure, and enhanced family functionality for households with young children or mobility considerations. The corner positioning at Meng Suan Road particularly benefits properties with southern or eastern facing aspects, maximising afternoon and morning light whilst minimising heat gain during peak daylight hours—a nuanced but materially valuable attribute in Singapore's tropical climate. Prospective purchasers should request floor plans indicating specific orientation and fenestration positioning to optimally assess environmental performance relative to alternative available configurations within the development.

What is the future supply pipeline and development outlook for this district?

The Eastern corridor surrounding Springleaf has historically benefited from strategic planning prioritisation, with sustained infrastructure investment and coordinated residential intensification driving measurable capital appreciation. Forward-looking supply expectations suggest continued moderate development, with additional residential projects primarily targeting apartment-condo typologies rather than expanded terraced housing, which remains land-constrained within Singapore's overall planning framework. This structural undersupply of large-scale terraced housing relative to persistent demand from upgrading households and consolidating investors suggests that corner terraces of this specification will maintain appreciable demand depth across economic cycles. Long-term district outlook remains constructively positive, underpinned by school quality, transport infrastructure maturation, and demographic preference for established Eastern neighbourhoods—supporting reasonable expectations of sustained capital performance and consistent rental-market demand throughout extended ownership horizons.

6-Bed Corner Terrace, Meng Suan Rd | S$7.28M | Springleaf MRT