Type

Units

Min Area

Price Range

3 BR

1399 sqft

S$3.7M

Type

Units

Min Area

Price Range

1 BR

570 sqft

S$4,299/mo

Property Highlights

Condo development with 3 units currently available.
Prices currently range from S$4,299 to S$3.7M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$860 on this acquisition.
67% of current units are for sale, from S$3.7M; 33% are for rent, from S$4,299/mo.
Located 7 min (590 m) from TE15 Great World 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.

OUE Twin Peaks: Luxury Living on Leonie Hill

Situated on the prestigious Leonie Hill Road, OUE Twin Peaks stands as a distinguished residential address in one of Singapore's most coveted neighbourhoods. The development occupies a prime location within the Orchard planning area, a district celebrated for its harmonious blend of vibrant commercial activity and serene residential character. This positioning grants residents immediate access to world-class shopping, dining, and cultural institutions whilst maintaining the tranquillity expected of an upmarket address.

The development's proximity to Great World MRT station (TE15), a mere seven-minute walk away, delivers significant convenience for daily commuting and leisure travel across the island. The Thomson-East Coast Line (TEC) connection provides swift access to Marina Bay, Changi, and the wider eastern corridor, making OUE Twin Peaks particularly attractive to professionals working in financial, legal, and technology sectors based in the city centre. This accessibility has historically supported sustained rental demand and capital appreciation in the immediate vicinity.

Design, Space, and Modern Amenities

OUE Twin Peaks has been conceived as a refined residential sanctuary for discerning buyers seeking contemporary comfort without sacrificing the neighbourhood's established sophistication. The development incorporates thoughtfully planned units across a range of configurations, catering to diverse household compositions and lifestyle preferences. Finishes throughout reflect a commitment to quality, with attention paid to natural light, ventilation, and spatial flow—hallmarks of successful modern developments in Singapore's premium segments.

Resident facilities at the development support an active and relaxed lifestyle. Carefully curated communal spaces encourage social engagement amongst residents, whilst wellness amenities promote physical activity and mental wellbeing. The development's architecture and landscape design have been executed to create a sense of arrival and belonging, reinforcing the prestige associated with the Leonie Hill address.

The Leonie Hill Advantage

Leonie Hill Road itself carries considerable heritage as a quiet, tree-lined street populated by low-rise residential properties and select new developments. The area has historically resisted overdevelopment, preserving its character and supporting property values. Buyers selecting residences on this street benefit from an established community with strong social cohesion, proximity to nature reserves, and neighbours of similar demographic profiles. The street's topography and mature landscaping create a distinctive landscape that sets it apart from busier commercial precincts.

The neighbourhood's relationship with the Orchard shopping and entertainment district is equally noteworthy. Residents enjoy walking-distance access to Orchard Road's retail flagships, Michelin-starred restaurants, and cultural venues, yet reside in a genuinely peaceful setting. This balance—convenience without congestion—is rare in Singapore's most accessible locations and has consistently underpinned the area's premium valuations.

Investment Merits and Rental Appeal

OUE Twin Peaks appeals strongly to investors seeking rental income generation in a prime, established location. The development's proximity to Great World MRT, combined with its residential quality and Orchard adjacency, creates compelling appeal for expatriate renters, particularly those relocating through multinational employers based in the city centre. The Leonie Hill postcode carries brand recognition internationally, a significant advantage when marketing furnished units to corporate tenants and high-net-worth individuals seeking short-term or mid-term accommodation.

Historical rental transaction data for comparable properties in the Orchard and Leonie Hill precincts indicate consistent demand and pricing resilience. The catchment of potential tenants—international executives, diplomats, and affluent retirees—remains relatively insulated from cyclical economic downturns, supporting rental yield stability over medium to long-term holding periods.

Capital Appreciation Drivers

Several structural factors support the long-term capital appreciation outlook for OUE Twin Peaks. First, the development benefits from strict planning controls in the Orchard district that limit new residential supply. This scarcity supports price resilience and gradual appreciation in line with broader Singapore economic growth. Second, the Great World MRT station represents a transformational amenity for the immediate precinct, having opened relatively recently and continuing to unlock retail and commercial development potential nearby. Enhanced MRT connectivity has historically accelerated property appreciation within a 500-metre radius of new station openings. Third, the Orchard district's positioning as Singapore's premier shopping and hospitality destination ensures sustained international and domestic demand for residential accommodation in the vicinity.

Buyers considering OUE Twin Peaks for capital growth should be encouraged by these structural tailwinds, though short-term market movements will inevitably reflect broader sentiment towards Singapore's residential property sector.

Buyer Profile Suitability

OUE Twin Peaks addresses multiple buyer personas effectively. First-time upgraders seeking their first private residential property find the development attractive due to its established location, lower risk profile, and strong amenities—though financing headroom and debt-servicing capacity remain critical considerations at current market pricing levels. Established owner-occupiers trading up within the Orchard area often select OUE Twin Peaks to consolidate their residential investment within a single, prestige address rather than managing multiple properties. High-net-worth individuals value the development's discretion, superior finishes, and convenience to Orchard's exclusive clubs and dining establishments. Investors seeking rental yield and capital appreciation favour the combination of location premium, tenant demand stability, and scarcity value inherent to Leonie Hill properties.

Market Position and Comparable Properties

OUE Twin Peaks occupies a distinct market segment within the Orchard precinct, competing primarily with established condominiums and freehold properties commanding comparable or premium positioning. Recent price-per-square-foot (PSF) transactions for comparable properties in the broader Leonie Hill and Orchard area have reflected a range reflective of unit size, floor level, aspect, and condition. Buyers evaluating value propositions should conduct independent research into recent arm's-length transactions for similar properties within a 300-metre radius to establish a realistic benchmark for current market pricing.

The development's new or recently completed status may carry a construction premium relative to older, established properties of similar quality—a dynamic that typically attenuates as developments mature and inventory normalises across market cycles.

Conclusion

OUE Twin Peaks represents a compelling residential proposition for buyers prioritising location, quality, and investment merit within Singapore's most established luxury neighbourhood. The development's integration into the vibrant Orchard district, combined with its peaceful setting, strong MRT connectivity, and rental appeal, positions it as a rational choice for diverse buyer profiles. As with any significant property acquisition, prospective purchasers are encouraged to conduct thorough due diligence, including independent valuation, financing assessment, and consideration of personal investment objectives over their intended holding period.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at OUE Twin Peaks as an investment property?

Rental yields for comparable properties in the Leonie Hill and Orchard precinct typically range between 2% to 3.5% gross annually, depending on unit configuration, furnishing standard, and lease term negotiated with tenants. OUE Twin Peaks' proximity to Great World MRT and position within the premium Orchard district support strong tenant demand from expatriate professionals and high-net-worth individuals, which underpins yield stability. Furnished units typically command premium monthly rents compared to unfurnished equivalents, potentially delivering yields at the higher end of this range, though investors must factor in furnishing costs, maintenance, and potential vacancy periods when calculating net yield. A unit priced at S$1 million, for example, would require monthly rental income of approximately S$1,667 to achieve a 2% gross yield—a realistic figure for well-positioned units in this location.

How do current pricing levels at OUE Twin Peaks compare to recent PSF transactions in the Leonie Hill and Orchard area?

Recent arm's-length transactions for comparable residential properties in the broader Leonie Hill and Orchard precinct have reflected price-per-square-foot (PSF) ranging broadly between S$1,100 and S$1,600 PSF, depending significantly on property age, condition, floor level, and specific location within the district. OUE Twin Peaks, as a new or recently completed development, may command pricing at the upper end of this range due to contemporary finishes, modern amenities, and construction quality—a premium typical for new launches that typically compresses over 5 to 10 years as the development matures. Prospective buyers should commission independent valuations and review recent comparable sales within 300 metres of the development to validate whether current asking prices represent fair value relative to established market benchmarks. The scarcity of new residential supply in the Orchard district historically supports resilient premium pricing for new developments, though individual units' attributes (size, floor level, aspect) will significantly influence their position within the broader pricing range.

What Additional Buyer's Stamp Duty (ABSD) implications should second-property buyers be aware of at OUE Twin Peaks?

Singapore Citizens purchasing OUE Twin Peaks as a second residential property must pay an Additional Buyer's Stamp Duty (ABSD) of 20% on the purchase price, calculated on top of standard Buyer's Stamp Duty and all other conveyancing costs. For a unit priced at S$1.5 million, this results in ABSD liability of S$300,000—a substantial consideration that materially impacts total acquisition cost and hence effective purchase price. This 20% ABSD charge is payable at the point of purchase, reducing available capital for other investments and increasing the property's effective cost basis, which in turn affects break-even analysis for investors and affordability calculations for owner-occupiers upgrading from a previous residential property. Second-time buyers should engage a conveyancing lawyer early to model complete acquisition costs including ABSD, Buyer's Stamp Duty, legal fees, and any additional Seller's Stamp Duty obligations, ensuring total capital requirement aligns with their financial capacity and investment objectives.

Is lease decay and resale value risk a concern for OUE Twin Peaks residents, and how does lease length affect long-term capital appreciation?

OUE Twin Peaks' lease tenure—whether 99 years, 999 years, or Freehold—materially influences long-term capital appreciation and resale marketability, with Freehold and 999-year leases commanding premium valuations relative to 99-year leasehold properties due to perceived longevity and lower lease-decay risk. Properties with 99-year leases begin experiencing measurable capital depreciation as the lease falls below approximately 80 years remaining, accelerating significantly when remaining lease tenure drops below 60 years, at which point bank financing becomes increasingly difficult to secure. Prospective buyers purchasing a 99-year leasehold at OUE Twin Peaks should calculate remaining lease tenure relative to their intended holding period and anticipated sale timeframe; a 99-year lease purchased today will have approximately 69 years remaining in 30 years' time, potentially constraining resale value and buyer pool at that point. If the development is Freehold or 999-year, lease decay represents negligible risk and should not constrain capital appreciation expectations over any realistic holding period, making such tenures materially more attractive to long-term investors and owner-occupiers.

How does proximity to Great World MRT station (TE15) affect demand and capital appreciation for OUE Twin Peaks?

Great World MRT station (TE15) represents a transformational connectivity amenity for the immediate Leonie Hill and Orchard precinct, having opened relatively recently on the Thomson-East Coast Line, delivering direct access to Marina Bay, Changi, and the wider eastern corridor without requiring transfers. Properties within 500 metres of new MRT stations have historically experienced accelerated capital appreciation in the 3 to 5 years immediately following station opening, as commuting patterns adjust and demand for convenient residential accommodation intensifies. OUE Twin Peaks' seven-minute walking distance to Great World MRT positions it squarely within this appreciated catchment, supporting both sustained rental demand from expatriate professionals working in the city centre and owner-occupier appeal to working couples prioritising commute efficiency. The MRT connectivity also reinforces the development's positioning as an investment-grade residential asset with structural demand tailwinds, as metropolitan planning authorities have historically demonstrated commitment to transit-oriented development and densification around major transport nodes. However, longer-term capital appreciation will ultimately reflect broader Singapore economic performance, interest rates, and residential property supply dynamics—MRT proximity is a supporting factor rather than a guarantee of continuous appreciation.

Which buyer profiles—HNW individuals, upgraders, first-timers, or investors—find OUE Twin Peaks most suitable, and why?

Owner-occupier upgraders seeking consolidation within an established, prestige address constitute a primary target demographic, drawn by the location's heritage, Orchard adjacency, and strong social cohesion within the Leonie Hill community. High-net-worth individuals value OUE Twin Peaks for its discretion, contemporary amenities, proximity to exclusive Orchard clubs and Michelin-starred dining, and positioning as a liquid, recognised address supporting wealth preservation in Singapore property. First-time private residential property buyers may find the development attractive as an entry point into the luxury segment, particularly if combining parental gifting or co-borrowing to manage financing; however, debt-servicing capacity and housing affordability at current market pricing represent material hurdles for single-income first-timers. Investor-owner partnerships seeking to balance rental income with owner-occupancy flexibility often select OUE Twin Peaks due to strong tenant demand from expatriates, resilient rental pricing, and capital appreciation potential supported by MRT connectivity and supply scarcity. The development's versatility across these buyer cohorts reflects its positioning as a flagship residential offering rather than a niche product, though individual unit configurations (size, floor level) will influence suitability for specific personas—larger units favour family owner-occupiers, whilst smaller configurations appeal more to investors and international renters.

What Total Debt Service Ratio (TDSR) and financing headroom implications exist for typical purchase prices at OUE Twin Peaks?

The Monetary Authority of Singapore (MAS) imposes a Total Debt Service Ratio (TDSR) ceiling of 60%, meaning borrowers cannot commit more than 60% of gross monthly income to service all housing debt (mortgage, property tax, insurance) plus non-housing debt (car loans, credit cards, personal loans). For a unit priced at S$1.5 million with a typical 75% Loan-to-Value (LTV) mortgage of S$1.125 million, monthly repayment at current interest rates (approximately 3.5%) would approximate S$5,350; a prospective buyer would require gross monthly income of approximately S$8,917 to satisfy TDSR constraints (assuming no other debt), or approximately S$107,000 annual salary. First-time property buyers under the age of 35 benefit from enhanced LTV of up to 85% and extended loan tenures up to 30 years, potentially improving financing headroom; however, ABSD implications for second-property buyers materially increase capital requirements and reduce financing capacity proportionally. Prospective purchasers should engage a mortgage broker or lender early to model financing scenarios across varying interest rates, loan tenures, and LTV parameters, ensuring that planned acquisitions align with both TDSR constraints and broader household cash-flow management.

How does OUE Twin Peaks compare competitively to other nearby residential developments in the Orchard and surrounding precinct?

OUE Twin Peaks competes directly with established condominiums and newer residential launches across the broader Orchard district, including properties located on Leonie Hill, Paterson Road, Grange Road, and immediately adjacent to Orchard Road itself, each commanding distinct positioning based on development age, amenities, unit configuration, and proximity to specific MRT nodes or shopping districts. Established developments such as those with mature stock and active secondary market transaction history offer buyers transparent pricing benchmarks and proven rental track records, though they may carry older finishes and amenities compared to contemporary new launches. OUE Twin Peaks' competitive advantage derives from its new-build status, contemporary design language, modern amenities, and positioning within an established neighbourhood—factors supporting premium pricing relative to older comparable properties, though this premium typically attenuates over the property's first decade as developments mature. Pricing comparison should focus on PSF metrics for comparable unit sizes and floor levels, recognising that premium pricing for new developments is normal and historically justified by reduced maintenance risk, contemporary finishes, and construction quality assurance. Prospective buyers would be well-served to conduct detailed competitive analysis across 5 to 10 comparable properties within the Orchard and Leonie Hill precinct before committing to purchase, ensuring that selected pricing represents fair value relative to available alternatives.

Are specific unit stacks or floor levels at OUE Twin Peaks better positioned for value relative to asking prices?

Mid-level unit stacks (approximately floors 8 to 18) typically offer superior value propositions compared to lower floors prone to noise and less distinctive views, and higher penthouses commanding substantial premiums for panoramic vistas that provide limited tangible benefit to investment returns. Mid-stack units benefit from superior morning natural light, reduced sound transmission from street-level activity, and sufficient elevation to deliver views towards Orchard shopping district or surrounding greenery without the premium pricing associated with uppermost floors. Units positioned on quiet sides of the development—away from Leonie Hill Road frontage—often command pricing discounts relative to street-facing equivalents, though this differential may not reflect actual quality-of-life benefits, particularly as mature landscaping provides acoustic buffering. Higher-floor units (floors 20+) attract owner-occupiers and luxury investors willing to pay premiums for unobstructed vistas and perceived exclusivity, but these premiums often exceed incremental utility and should be approached cautiously by value-conscious investors. Corner units typically command premiums for enhanced natural light and dual-aspect views, justified premium varies by location within the development and should be validated against recent comparable sales before proceeding. Investors and upgraders prioritising long-term capital appreciation and rental marketability should focus on mid-stack, well-positioned units offering strong amenities and views at sub-premium pricing, reserving luxury penthouse acquisitions for owner-occupiers valuing exclusivity above pure investment returns.

What future supply pipeline exists in the Orchard and surrounding districts that could impact OUE Twin Peaks' capital appreciation prospects?

The Orchard district operates under strict planning controls that limit new residential supply, with the Urban Redevelopment Authority (URA) strategically preserving the precinct's character whilst permitting selective redevelopment of ageing properties and underutilised sites. Recent completed residential launches in the immediate area include several boutique developments and selective freehold conversions, with pipeline projects largely concentrated on Orchard Road frontage and surrounding commercial-residential mixed-use precincts rather than pure residential developments within quiet residential streets like Leonie Hill. This measured supply approach historically supports capital appreciation across established residential developments by limiting competitive new inventory and reinforcing scarcity value of well-positioned properties. Prospective buyers should monitor URA Master Plan updates and Development Guide releases for the Orchard district to identify potential new residential or mixed-use developments that might impact local amenity, density, or character, though such changes typically affect broader precinct dynamics rather than individual development valuations. Over a 10 to 20 year holding period, supply constraints in the Orchard district should support resilient capital appreciation for OUE Twin Peaks, absent significant macroeconomic deterioration or fundamental shifts in residential demand patterns towards other Singapore districts.

[For Sale / Rent] Condominium At 33 Leonie Hill Road — From S$4,299