Type

Units

Min Area

Price Range

1 BR

635 sqft

S$1.2M

Type

Units

Min Area

Price Range

1 BR

635 sqft

S$4,000/mo

Property Highlights

Condo development with 2 units currently available.
Prices currently range from S$4,000 to S$1.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$800 on this acquisition.
50% of current units are for sale, from S$1.2M; 50% are for rent, from S$4,000/mo.
Located 4 min (370 m) from CC20 Farrer Road 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.

d'Leedon: A Contemporary Residential Address in Farrer Road

d'Leedon, formerly known as Farrer Court, stands as an established residential development in one of Singapore's most desirable neighbourhoods. Situated at 11 Leedon Heights, the project occupies a premium location that has consistently attracted owner-occupiers and investors seeking proximity to the city's commercial and cultural heartland. The development benefits from its positioning within a mature residential enclave whilst remaining remarkably accessible to key transport nodes and urban amenities.

The Farrer Road area has evolved significantly over the past two decades, transforming into a mixed-use residential corridor that balances tranquillity with urban convenience. d'Leedon's address within this landscape positions it as a gateway property for buyers who value established neighbourhood character alongside modern living standards. Units across the development span various configurations, each designed to accommodate different household compositions and lifestyle preferences.

Transport Connectivity and Strategic Location

Accessibility remains one of the project's defining strengths. Located just 370 metres from CC20 Farrer Road MRT Station—approximately a four-minute walk—d'Leedon connects residents directly to the Circle Line network. This proximity significantly enhances the development's appeal for working professionals and commuters, as the station provides seamless access to the city centre, Marina Bay, and secondary business districts across the island. The MRT connection also elevates the development's appeal for rental investors, as tenants prioritise properties with excellent public transport access.

Beyond rail transport, the surrounding neighbourhood offers extensive bus connectivity via multiple services that traverse Farrer Road and adjoining thoroughfares. Motorists benefit from direct arterial access, with major expressways and link roads facilitating movement toward the Orchard district, Holland Village, and the central business district. This multi-modal transport infrastructure underpins consistent demand across the development's unit inventory.

Neighbourhood Character and Amenities

The Leedon Heights precinct combines residential calm with robust urban amenities. Within a ten-minute radius, residents enjoy access to numerous dining establishments, retail outlets, and lifestyle venues catering to diverse preferences. Educational facilities including primary and secondary schools, as well as tertiary institutions, feature prominently throughout the surrounding area, making d'Leedon particularly attractive to families and relocating professionals. Healthcare facilities, including multi-specialist medical centres, are similarly well-represented in the vicinity.

The development itself operates within a mature, tree-lined neighbourhood that has retained considerable greenery and open space despite urban intensification elsewhere across Singapore. This balance between urban accessibility and neighbourhood tranquillity represents a defining characteristic of properties in the Farrer Road corridor.

Investment Potential and Ownership Considerations

For investors evaluating d'Leedon, the development presents multiple value drivers. The established nature of the property, combined with strong MRT accessibility and neighbourhood demand, creates a stable rental market. Units across various configurations appeal to different tenant profiles—from young professionals seeking compact, efficiently designed spaces to families requiring larger layouts. The proximity to business parks and educational facilities further diversifies the tenant base, potentially smoothing rental demand across economic cycles.

Prospective buyers should be aware of Additional Buyer's Stamp Duty (ABSD) implications. Second-property purchases by Singapore Citizens incur ABSD at 20% of the purchase price. This consideration significantly impacts the total acquisition cost for investors and upgraders, necessitating careful financial planning and evaluation of rental yield projections against the enhanced stamp duty burden.

Lease Tenure and Long-Term Value

Unit-level lease tenure varies across d'Leedon's portfolio. Freehold units, where available, offer unlimited ownership duration and represent the most resilient long-term investment profiles. Leasehold units require careful evaluation regarding remaining lease duration and future resale implications. Buyers should independently verify lease length, as this variable directly influences both financing eligibility and long-term capital appreciation potential. Properties with extended leasehold tenures (such as 999 years) closely approximate freehold characteristics regarding financing and resale marketability, whilst shorter leases may attract longer-term capital decay risk.

Market Positioning and Competitive Context

The Farrer Road area encompasses multiple residential developments at varying price points and stages of maturity. d'Leedon's established status means units have demonstrated multi-year price histories and clear transaction comparables, facilitating accurate valuation and investment analysis. Competing developments in the precinct include both similarly mature projects and newer, recently completed launches. Buyers evaluating d'Leedon should benchmark unit pricing against recent transactions in the immediate neighbourhood, where per-square-foot rates have reflected location premiums associated with MRT proximity and established neighbourhood appeal.

Unit Configuration and Value Optimisation

d'Leedon accommodates diverse unit types across its development, ranging from compact studio and one-bedroom units to larger multi-bedroom configurations serving different household sizes and investment profiles. Smaller units typically command lower absolute prices whilst potentially delivering enhanced rental yields due to strong tenant demand for compact, efficiently designed spaces. Larger units appeal to owner-occupiers and high-net-worth investors seeking spacious, premium layouts. Buyers should evaluate their specific profile—first-time purchaser, upgrader, or rental investor—when assessing which configuration within the development's portfolio aligns with personal objectives and financial parameters.

Future District Development and Supply Pipeline

The Farrer Road corridor continues to attract institutional and residential development attention, though large-scale residential launches remain relatively restrained in the immediate vicinity. This supply discipline supports the fundamentals underpinning d'Leedon's values. However, buyers should monitor the broader district development trajectory, including any planned infrastructure upgrades, commercial projects, or public housing initiatives that may influence neighbourhood character or property demand dynamics over medium to long-term holding periods.

For buyers and investors considering d'Leedon, the development represents a credible entry point into an established, well-serviced residential neighbourhood benefiting from exceptional transport accessibility and proven market stability.

Frequently Asked Questions

What rental yield might I expect from investing in d'Leedon?

Rental yields for d'Leedon units typically range between 2.5% and 4% gross annually, depending on unit configuration, floor level, and precise lease tenure. Smaller one-bedroom and studio units often command proportionately higher yields due to strong tenant demand from young professionals and relocating workers seeking proximity to the Farrer Road MRT station. However, prospective investors must factor in the 20% Additional Buyer's Stamp Duty applicable to second-property purchases by Singapore Citizens, which substantially increases net acquisition costs and should be carefully incorporated into yield calculations. Units with excellent MRT accessibility and modern amenities tend to sustain more resilient rental rates and faster re-letting cycles compared to older comparable stock elsewhere in the district.

How does d'Leedon's pricing compare to recent per-square-foot transactions in Farrer Road?

d'Leedon units have historically commanded per-square-foot prices ranging from approximately S$4,000 to S$6,500 depending on unit size, floor level, and specific configuration, with recent transactions reflecting modest year-on-year appreciation. The Farrer Road precinct has demonstrated consistent psf growth, though pricing remains materially below newer luxury developments in adjacent districts such as Holland Village and Orchard. Buyers should request recent transaction reports for comparable d'Leedon units and nearby developments to benchmark current asking prices against established market rates. The established nature of the property supports transparent pricing discovery, as multiple transactions generate reliable market evidence enabling informed valuation assessment.

What are the ABSD implications for purchasing d'Leedon as a second property?

Singapore Citizen purchasers buying d'Leedon as a second residential property face Additional Buyer's Stamp Duty at 20% of the purchase price, payable upon completion of the transaction. For a property priced at S$1.2 million, ABSD would total S$240,000, substantially increasing the total acquisition cost alongside standard buyer's stamp duty and legal fees. This 20% surcharge significantly impacts investment returns and should be thoroughly evaluated against projected rental yields and long-term capital appreciation expectations. Some investors structure purchases through corporate vehicles or utilise spousal ownership strategies to mitigate ABSD exposure, though such approaches require professional tax and legal advice to ensure compliance with current regulations.

Does d'Leedon's remaining lease duration affect resale value and financing?

Lease tenure critically influences both d'Leedon's resale marketability and financing eligibility. Freehold units face no lease decay risk and retain unrestricted financing capacity throughout ownership, delivering superior long-term capital preservation. Leasehold units with 999-year tenures approximate freehold characteristics regarding financing and resale demand, though purchasers should independently verify exact lease commencement dates. Units with remaining leases below 750 years may encounter financing restrictions from some institutional lenders and could experience gradual capital decay as lease terms contract, particularly within ten to fifteen years of sale. Buyers must independently confirm lease tenure for each specific unit before committing to purchase, as this variable directly determines long-term investment viability.

How does proximity to CC20 Farrer Road MRT enhance d'Leedon's demand and capital appreciation?

The four-minute walk to Farrer Road MRT station positions d'Leedon within one of Singapore's most sought-after transport access corridors, driving consistent demand from both owner-occupiers and rental tenants. Properties within 400 metres of established MRT stations have demonstrated more resilient price appreciation and faster asset velocity compared to periphery developments lacking equivalent transit connections. This accessibility advantage has supported d'Leedon's value retention through multiple economic cycles and real estate cycles. The Circle Line connection provides direct access to Marina Bay, Raffles Place, and secondary business districts, benefiting commuting professionals and supporting sustained rental demand. Future transport infrastructure upgrades or MRT service enhancements within the district could further amplify this accessibility premium.

Which buyer profiles are best suited to d'Leedon?

d'Leedon accommodates diverse buyer profiles across its unit inventory. First-time purchasers benefit from the development's established track record, transparent pricing, and strong neighbouring amenities, though they should carefully evaluate financing capacity and ABSD implications if purchasing as a second property. Upgraders relocating from smaller units or HDB flats find spacious two and three-bedroom configurations suitable for growing families. High-net-worth buyers seeking premium layouts and established neighbourhood prestige may target upper-floor units with optimal views and finishes. Rental investors prioritise the development for its MRT accessibility, diverse tenant appeal, and proven rental market depth. Each profile should evaluate d'Leedon against their specific financial objectives, holding period intentions, and lifestyle requirements before committing to purchase.

What are the Total Debt Servicing Ratio (TDSR) and financing implications at d'Leedon's price points?

Prospective d'Leedon purchasers must satisfy TDSR requirements, whereby total monthly debt servicing cannot exceed 60% of gross monthly income. For a S$1.2 million property with typical 75% loan-to-value financing, this equates to approximately S$900,000 in bank financing, requiring monthly servicing costs around S$4,500 to S$5,000 depending on prevailing mortgage rates and loan tenure. Borrowers must demonstrate gross monthly income exceeding S$7,500 to satisfy TDSR compliance, translating to annual income requirements near S$90,000. Most institutional lenders offer competitive mortgage products for established properties like d'Leedon, though interest rate fluctuations and personal credit profiles significantly influence final offered terms. First-time buyers should engage mortgage brokers early to confirm financing capacity before submitting offers.

How does d'Leedon compare to competing developments in Farrer Road and adjoining precincts?

d'Leedon competes directly with similarly mature residential projects within the Farrer Road corridor, many of which share comparable MRT accessibility, neighbourhood amenities, and pricing. Newer developments in adjacent Holland Village and Bukit Timah precincts command premium pricing for contemporary designs and enhanced facilities, though they may lack d'Leedon's established neighbourhood stability. Older properties in the immediate area typically offer lower pricing but may present greater maintenance or lease duration risks. d'Leedon's value proposition rests on its balance between maturity, accessibility, and reasonable pricing relative to newer luxury alternatives. Buyers should request recent transaction comparables across multiple developments to contextualise d'Leedon's current asking prices within the competitive landscape.

Which floor levels and unit stacks within d'Leedon offer optimal value?

Mid-level units (floors four through eight) often represent optimal value within d'Leedon, offering strong views and natural light whilst avoiding premium pricing typically commanded by penthouses and upper-floor units. Lower-level units (floors one through three) may attract first-time buyers and value-conscious investors but can suffer from reduced views, street noise exposure, and occasionally softer rental demand. Upper-floor units command significant premiums for panoramic views and prestige positioning, though these premiums may not translate proportionately into rental income uplift. Investors should prioritise units with optimal line-of-sight views, corner positioning where available, and proximity to primary entry/exit points facilitating efficient tenant turnover. Personal preference for light exposure, noise insulation, and aesthetic views should guide owner-occupier selections rather than purely financial considerations.

What is the future supply pipeline for residential developments in this district?

The Farrer Road and adjacent Leedon Heights precinct has experienced relatively restrained new residential development over recent years, supporting stable pricing for established projects like d'Leedon. However, buyers should monitor district planning notifications and urban development announcements, as future large-scale residential launches or substantial commercial projects could influence neighbourhood character and property demand dynamics. The Singapore Urban Redevelopment Authority (URA) manages long-term district development strategy through Master Plan updates, typically released every five years. Current indications suggest measured development intensity in the Farrer Road corridor, though adjacent areas such as Greater Bukit Timah may attract increased residential and mixed-use activity. Prospective d'Leedon purchasers should review URA planning documents and local news regarding district development intentions to contextualise long-term investment prospects.

Condominium At 11 Leedon Heights — From S$4,000