Type

Units

Min Area

Price Range

4 BR

1528 sqft

S$3.7M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$3.7M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$740K on this acquisition.
Located 3 min (290 m) from DT18 Telok Ayer 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.

Emerald Garden: A Prime CBD Residential Sanctuary on Club Street

Emerald Garden stands as a distinguished residential development positioned at the heart of Singapore's Central Business District on Club Street. The project commands an enviable location that places occupants within a three-minute walk of Telok Ayer MRT Station (DT18), whilst simultaneously offering convenient access to three additional rapid-transit stations: Maxwell (TE18), Chinatown (DT19/NE4), and Tanjong Pagar (EW15). This multi-station proximity creates exceptional flexibility for daily commuting and weekend leisure journeys across the island.

The development comprises thoughtfully designed residential units that range in configuration and scale, with several options featuring three generously proportioned bedrooms plus a dedicated study, accommodating modern family living or home-office requirements. Interior finishes incorporate renovated specifications, whilst many units enjoy captivating views of the development's centrally positioned swimming pool and landscaped gardens. The total sellable area spans approximately 1,528 square feet, providing substantial living space that balances openness with functional zoning across multiple levels.

Strategic Location Within Singapore's Historic Core

Club Street has evolved into one of Singapore's most coveted residential addresses, nestled within the conservation heartland that adjoins the vibrancy of the Central Business District. Emerald Garden residents benefit from immediate proximity to Chinatown Complex, an iconic cultural and culinary destination that attracts locals and visitors alike. The neighbourhood seamlessly blends heritage architecture with contemporary amenities, creating a distinctive urban character that appeals to discerning home seekers seeking cultural authenticity alongside modern convenience.

The development's position enables rapid access to premier shopping precincts, acclaimed restaurants spanning diverse cuisines, and speciality retail outlets clustered throughout the surrounding precinct. Public transport infrastructure extends well beyond MRT connectivity; regular bus services operate throughout the day and evening, whilst taxi ranks remain readily accessible for those preferring point-to-point travel. This layered transportation ecosystem ensures residents maintain choice and flexibility in their daily mobility patterns.

Green Spaces and Recreation Within the Urban Landscape

Despite the dense CBD setting, Emerald Garden residents enjoy remarkable proximity to several treasured parks that punctuate the urban environment. Hong Lim Park, nestled mere minutes away on foot, offers recreational facilities and open lawns favoured by office workers and residents alike. Pearl's Hill City Park provides elevated vantage points and walking trails that connect to the broader green network, whilst the historically significant Fort Canning Park lies within accessible distance, encompassing heritage sites, landscaped gardens, and event spaces throughout its expansive grounds.

Within the development itself, the swimming pool and landscaped garden zones provide private recreational facilities where residents can unwind without departing the property. These communal amenities foster a sense of community amongst occupants whilst offering daily respite from the bustling streets beyond the secure perimeter.

Security, Maintenance, and Community Standards

Emerald Garden operates with a commitment to resident safety and environmental quality that extends across all shared areas. Round-the-clock security personnel are supported by comprehensive closed-circuit television systems that monitor common zones, ensuring occupants enjoy peace of mind throughout day and night hours. Gated access points control entry and exit, restricting the development to authorised residents and their approved guests.

The development's common areas—including lobbies, corridors, and recreational facilities—are maintained to a consistently high standard and benefit from centralised air-conditioning systems. This commitment to environmental control ensures comfort across all shared spaces, from the swimming pool deck to covered communal gathering zones. Regular maintenance schedules and professional management preserve the development's physical and aesthetic qualities over time.

Pricing and Investment Perspective

Units at Emerald Garden are offered from S$3.7 million, reflecting the premium positioning of this CBD location and the quality of finishes and amenities provided. The price point positions the development within the upper-middle segment of the CBD residential market, comparable to similarly located peer developments that offer equivalent proximity to MRT infrastructure and heritage surroundings. Prospective buyers should factor in Additional Buyer's Stamp Duty (ABSD) considerations if this represents a second residential property acquisition; Singapore Citizens purchasing a second residential property currently incur ABSD at the rate of 20%, calculated on the purchase price. This stamp duty obligation materially affects the total cost of acquisition and should be incorporated into financial planning from the outset.

The development's rental potential is noteworthy for those considering investment purposes. The proximity to office towers, expatriate expatriate populations, and the growing serviced apartment sector creates sustained demand for executive rentals. Units at Emerald Garden typically command rental yields that reflect CBD location premiums, though actual returns depend on individual unit specifications, lease terms offered, and broader market conditions in the residential rental sector.

Buyer Suitability Across Multiple Profiles

Emerald Garden appeals to diverse buyer personas, each identifying distinct advantages within the development's offering. High-net-worth individuals gravitating towards minimalist urban living find appeal in the development's walkable CBD location, eliminating commuting friction whilst positioning them within Singapore's premier business and cultural precinct. Established families upgrading from smaller properties discover sufficient spatial configuration and recreational amenities to justify the transition to this central location, particularly those whose employment or lifestyle preferences favour CBD accessibility.

First-time property purchasers with accumulated capital may regard Emerald Garden as an aspirational entry point into the CBD residential market, though financing considerations warrant careful assessment given the purchase price. Property investors seeking stable rental returns and capital appreciation potential recognise the development's embedded liquidity, driven by consistent demand from expatriate assignees and local professionals seeking CBD proximity.

Market Context and Comparable Developments

The CBD residential market encompasses several peer developments within comparable distances of equivalent MRT infrastructure. Transactions within the immediate precinct have historically demonstrated price per square foot ranging between S$6,500 and S$8,500, depending on unit configuration, floor level, and finish specification. Emerald Garden's pricing aligns competitively within this range, reflecting the development's quality positioning and the scarcity value inherent in CBD-core locations.

Competing developments such as those clustered around Maxwell, Telok Ayer, or Tanjong Pagar precincts offer similar MRT proximity and urban amenity access, though each possesses distinct architectural character and community composition. The relative supply constraints within the CBD conservation areas ensure that established developments like Emerald Garden maintain resilience in periods of market volatility.

Future Outlook and District Dynamics

The CBD precinct remains subject to long-term urban planning initiatives that shape district character and property values. The Government's commitment to preserving heritage conservation areas supports the maintenance of neighbourhood character and architectural integrity, creating a stable backdrop for residential property valuations. Ongoing revitalisation initiatives within Chinatown and adjoining precincts continue to enhance retail and dining offerings, subtly supporting residential demand from those seeking walkable urban lifestyles.

Supply dynamics in the immediate district suggest limited new residential launches anticipated in the near term, given land scarcity and conservation restrictions that characterise the CBD core. This constrained supply environment typically supports price stability and measured appreciation for established developments like Emerald Garden, assuming broader economic conditions remain supportive of property demand.

Frequently Asked Questions

What is the estimated rental yield for an investment property at Emerald Garden?

Emerald Garden's CBD location and proximity to office towers, expatriate populations, and serviced apartment precincts create sustained rental demand that typically supports yields ranging between 2.5% and 3.5% gross annual returns, depending on individual unit specifications and lease terms negotiated. The development's established reputation and secure gated environment appeal to high-calibre tenant profiles seeking executive accommodation, which can command premium rental rates relative to suburban alternatives. Actual achieved yields vary based on market cycles, unit configuration, and the rental strategy deployed by the property owner, though the CBD location generally underpins strong, consistent tenant enquiry flows.

How does Emerald Garden's price per square foot compare to recent transactions in the CBD precinct?

Recent transactions within the immediate Club Street, Telok Ayer, and Maxwell precinct have demonstrated price per square foot ranging between approximately S$6,500 and S$8,500, depending on unit size, floor level, and renovation specification. Emerald Garden's pricing from S$3.7 million aligns competitively within this established range for CBD-core residential stock. This price positioning reflects both the scarcity of land within heritage conservation areas and the consistent demand from professionals and families seeking walkable urban living within Singapore's business hub, supporting stable valuations relative to suburban alternatives.

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

Singapore Citizens acquiring Emerald Garden as a second residential property incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, calculated on the purchase price. For a unit priced at S$3.7 million, ABSD liability would amount to S$740,000, substantially impacting the total cost of acquisition and requiring careful financial planning from the outset. This stamp duty obligation is separate from the standard Buyer's Stamp Duty and Conveyancing fees, and must be accounted for in mortgage eligibility assessments and overall financing headroom calculations. First-time property buyers and permanent residents enjoy exemption from ABSD, though foreign nationals typically encounter higher duty rates, making individual circumstances critical to transaction structuring.

Is lease decay a concern for Emerald Garden, and how might it affect future resale value?

Emerald Garden operates on a leasehold tenure structure; confirming the specific lease duration (typically 99 or 999 years for CBD developments) is essential to any purchasing decision, as lease length directly impacts long-term resale value and financing availability. Properties with shorter leasehold tenures (approaching 70–80 years remaining) may experience accelerated capital value decline as they approach the sub-60-year threshold, where mortgage availability contracts and buyer pools shrink substantially. Given the development's established reputation and CBD location, maintaining substantial lease length is critical; developments with 99-year leases from original launch typically retain stronger capital appreciation profiles compared to those with shorter initial terms. Property owners should factor lease decay trajectory into long-term holding periods, particularly those considering multi-decade investment horizons.

How does proximity to Telok Ayer MRT Station (DT18) affect demand and capital appreciation at Emerald Garden?

Emerald Garden's three-minute walk to Telok Ayer MRT Station (DT18) creates exceptional demand density and capital appreciation support, as MRT proximity remains the single strongest driver of residential property valuations across Singapore's market. The Downtown Line (DT) connection provides rapid access to Orchard, Marina Bay, and eastern sectors, directly connecting occupants to major employment clusters, retail precincts, and lifestyle destinations without vehicular dependency. The presence of three additional MRT stations within walking distance (Maxwell TE18, Chinatown DT19/NE4, Tanjong Pagar EW15) further reinforces transportation flexibility, enhancing appeal to diverse buyer profiles and supporting sustained demand even during market corrections. Developments within 300–400 metres of MRT stations historically demonstrate superior value retention and appreciation trajectories relative to those beyond this walking radius, positioning Emerald Garden advantageously within the CBD market hierarchy.

Which buyer profiles are best suited to Emerald Garden, and why?

High-net-worth individuals seeking minimalist CBD-core living find Emerald Garden ideal, as the location eliminates commuting friction and positions occupants within Singapore's premier business and cultural epicentre without vehicle dependency. Established families upgrading from suburban properties discover sufficient spatial configuration (multiple bedrooms, study spaces) and recreational amenities (pool, landscaped gardens) to justify relocation, particularly where employment or lifestyle preferences prioritise CBD accessibility and walkable urban neighbourhoods. Property investors recognise the development's embedded liquidity through consistent expatriate demand, stable rental yields, and scarcity value within heritage conservation precincts that support capital appreciation. Foreign talent on expatriate assignments represent another significant buyer cohort, drawn by the development's secure environment, English-speaking community, and proximity to multinational office towers and international schools.

What are the TDSR and financing implications for buyers at typical Emerald Garden price points?

At the S$3.7 million price point, buyers financing 80% of the purchase price (S$2.96 million loan amount) with current mortgage rates approximately 3.5% and a 30-year tenure would incur monthly loan servicing of roughly S$13,250. Total Debt Service Ratio (TDSR) assessments require monthly household income of at least S$44,167 to remain within the banking sector's 60% TDSR ceiling, a threshold easily satisfied by dual-income professional households earning combined annual salaries above S$530,000. First-time buyers may access 90% financing (up to S$3.33 million), reducing monthly servicing to approximately S$15,000 and requiring gross monthly income of S$25,000 to remain within TDSR limits. Stamp duty, legal fees, and ABSD (for second-property Singapore Citizens at 20%) materially increase total acquisition costs beyond the purchase price, requiring accumulated capital well in excess of the down payment alone.

How does Emerald Garden compare to nearby competing developments in the CBD precinct?

Emerald Garden competes directly with developments clustered around Maxwell, Telok Ayer, and Tanjong Pagar precincts, each offering comparable MRT proximity and urban amenity access, though each possesses distinct architectural character, community composition, and pricing profiles. Many competing developments share similar price per square foot ranges (S$6,500–S$8,500) and comparable supply of three-bedroom, high-floor units with pool and landscaped garden amenities. Emerald Garden's established reputation, secure gated environment, and heritage conservation location create differentiation within the competitive landscape; the development's maturity typically ensures active resale markets and transparent price discovery relative to newer launches still establishing baseline valuations. The relative scarcity of CBD-core land and conservation-area restrictions limit new competitive supply, supporting Emerald Garden's positioning as an established, liquid asset within the premium residential market.

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

Mid-to-upper floor units (typically floors 15–25 across most CBD developments) demonstrate optimal value-to-amenity ratios, offering escape from street-level noise and visual obstruction whilst remaining below the highest-premium penthouse tiers that attract disproportionate price premiums unrelated to functional benefits. Lower-floor units (floors 3–8) historically trade at 5–10% discounts relative to mid-floor comparables, despite identical unit configurations and amenities, driven by perceived security concerns and reduced privacy from street-level views; financially astute buyers may identify value opportunities in these price-discounted stacks. High-floor units (floors 26+) command significant premiums (10–20% above mid-floor baselines) reflecting unobstructed skyline views and prestige positioning, though resale appeal may narrow to specific buyer profiles willing to absorb the premium outlay. Pool-view units typically command 5–8% premiums over counterparts, though these amenity gains may not justify the additional capital outlay relative to alternative unit configurations offering equivalent functional spaces at lower price points.

What is the future supply pipeline in the CBD and surrounding districts, and how might it affect Emerald Garden's value?

The CBD residential supply pipeline remains remarkably constrained relative to suburban and fringe-CBD precincts, as land scarcity, heritage conservation restrictions, and high acquisition costs limit new development launches within the immediate city core. Government plans continue to prioritise CBD revitalisation that emphasises heritage preservation and controlled densification rather than greenfield residential expansion, creating an environment where established developments like Emerald Garden face limited direct supply competition. Planned projects within adjacent precincts (such as those clustered around Marina Bay or the Greater Southern Waterfront areas) may absorb some buyer demand, though their distinct character, pricing tiers, and distance from heritage conservation areas position them as alternative offerings rather than direct substitutes. The structural supply constraint within the CBD-core precinct historically supports stable or appreciating valuations for established developments, as buyer demand from professionals, expatriates, and downsizers consistently outpaces new unit additions, creating a supply-demand equilibrium favourable to existing resident retention and capital preservation.

What are the key amenities and facilities within Emerald Garden, and how do they compare to competing CBD developments?

Emerald Garden offers residents a centrally positioned swimming pool, landscaped garden zones, and climate-controlled common areas including secure lobbies and recreational facilities. These amenities represent the standard offering across comparable CBD developments, though the quality of maintenance and community management significantly influences resident satisfaction and long-term value perceptions. The development's 24-hour security infrastructure with closed-circuit television systems and gated access provides peace of mind comparable to peer developments, though security robustness varies based on staffing levels and technological integration. Competing developments within the CBD typically offer similar amenity packages, distinguishing themselves through architectural character, community composition, or proximity to specific MRT stations rather than facility differentiation. Emerald Garden's established maintenance standards and mature management practices typically ensure amenities remain well-presented and functional, supporting resident satisfaction and attracting quality tenant profiles for investment-focused purchasers.

Emerald Garden — From S$3.7M