Type

Units

Min Area

Price Range

3 BR

1873 sqft

S$6M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$6M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1.2M on this acquisition.
Located 3 min (270 m) from DT10 Stevens MRT Station.

Price Trends & Rental Yield

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The Giverny Residences: Premium Living in District 15

The Giverny Residences stands as a distinguished residential development located at 6 Robin Drive, positioning itself within Singapore's highly sought District 15. The development offers units that cater to discerning buyers searching for elevated living standards in an established and well-connected neighbourhood. Situated merely 270 metres from Stevens MRT station on the Downtown Line, this project delivers exceptional accessibility to central business districts and key commercial hubs across the island.

The location represents a significant advantage for both owner-occupiers and investors alike. Stevens MRT station (DT10) provides direct access to the Downtown Line, linking residents seamlessly to Marina Bay, Chinatown, and Bugis within minutes. This connectivity ensures that whether commuting for business or leisure, residents benefit from one of Singapore's most efficient and modern public transport corridors. The immediate vicinity features established amenities including retail outlets, dining establishments, and essential services, creating a mature residential ecosystem that supports everyday convenience.

Architecture and Living Space

Units at The Giverny Residences showcase generous floor areas, with residences spanning approximately 1,873 square feet and beyond. This spacious configuration allows for flexible interior design and accommodation of diverse household compositions, from young professionals to growing families. The attention to space allocation reflects contemporary understanding of what premium residential living demands, moving beyond merely maximising unit count toward prioritising occupant comfort and lifestyle quality.

The architectural approach emphasises clean lines and modern aesthetics, with unit designs that maximise natural light and ventilation. High ceilings and well-proportioned living areas contribute to an airy ambiance that elevates daily living experience. Finishes throughout the development reflect quality standards expected at this price point, with careful material selection and attention to detail evident in both common areas and individual units.

Amenities and Community Facilities

The Giverny Residences provides residents with a comprehensive suite of facilities designed to encourage wellness, recreation, and social engagement. Community spaces within the development foster a sense of belonging whilst supporting active and healthy lifestyles. Whether residents seek leisure activities, fitness pursuits, or family-oriented recreation, the development's facility portfolio caters to diverse preferences and age groups.

Beyond individual unit amenities, the surrounding neighbourhood contributes substantially to residential appeal. District 15's established infrastructure means residents enjoy proximity to quality educational institutions, medical facilities, and cultural venues. The maturity of this district ensures that investment in a residence here extends beyond property ownership toward securing a stake in one of Singapore's most stable and desirable communities.

Investment and Capital Appreciation Potential

The Giverny Residences appeals strongly to investors and upgraders evaluating long-term portfolio growth. The development's strategic positioning near Stevens MRT station creates sustained demand drivers that support capital appreciation over extended holding periods. Properties within walking distance of major MRT interchanges consistently demonstrate stronger resilience during market cycles, as their utility and accessibility remain fundamental to valuation.

For owner-occupiers upgrading from smaller properties or first-time buyers with substantial capital, the development offers entry into District 15's premium residential segment. The established nature of this district means that future infrastructure improvements—whilst possible—are already largely embedded into current valuations, reducing the risk of overpaying for anticipated but unrealised developments. This stability appeals particularly to those seeking to settle in a neighbourhood rather than speculate on future transformation.

Market Context and Neighbourhood Appeal

District 15 comprises some of Singapore's most consistently performing residential precincts, characterised by low turnover, strong community sentiment, and resilient valuations. The area attracts professionals, executives, and established families who prioritise stability, convenience, and the intangible benefits of an established neighbourhood. The presence of quality schools, healthcare facilities, and recreational spaces supports sustained residential appeal across market cycles.

The catchment surrounding Stevens MRT station benefits from continuous infrastructure refinement and commercial development. Whilst the area maintains its character as a residential enclave, supporting services continue to improve, enhancing convenience without sacrificing the tranquillity that defines this neighbourhood. This balance—between accessibility and calm—represents precisely what affluent residents seek when investing in their living environment.

Suitability Across Buyer Profiles

The Giverny Residences accommodates diverse buyer profiles, each with distinct objectives and circumstances. High-net-worth individuals appreciate the quality, privacy, and capital stability that the development and district offer. The spacious unit configurations allow such buyers to maintain substantial personal space whilst enjoying the convenience of an urban location within minutes of business districts and cultural institutions.

Upgraders moving from smaller properties or inherited family homes find here the additional space and modern amenities that justify progression to a higher price point. The established nature of the neighbourhood and proven resilience of District 15 properties provide confidence that the upgrade decision reflects sound investment logic rather than speculative enthusiasm. First-time buyers with significant capital or family support likewise benefit from purchasing into a district where valuations reflect fundamentals rather than speculation.

Investors evaluating the development within a portfolio context appreciate the strong MRT connectivity, the mature residential character of the district, and the consistent demand patterns that characterise premium inner-city residential properties. The rental market within District 15 supports attractive yields, particularly for units catering to expatriate executives and senior professionals seeking temporary furnished accommodation near business districts.

Financing and Affordability Considerations

At the price point typical of The Giverny Residences, prospective buyers should evaluate financing capacity within the context of current interest rate environments and TDSR (Total Debt Service Ratio) guidelines. Most financial institutions provide competitive mortgage rates for premium residential properties, with loan-to-value ratios reaching up to 75-80% depending on applicant profiles and property characteristics. This means owner-occupiers require substantial down payments, typically 20-25% of purchase price, alongside transaction costs including conveyancing, survey, and stamp duty.

For Singapore Citizens purchasing a second residential property, Additional Buyer's Stamp Duty (ABSD) applies at 20%, materially increasing total transaction costs. This consideration becomes particularly important for investors building property portfolios, as it effectively raises the acquisition cost by five percentage points above standard stamp duty. Careful evaluation of rental yield expectations against the augmented entry cost ensures investment decisions reflect realistic return projections.

Market Positioning and Comparison

The Giverny Residences competes within Singapore's established premium residential market, where buyers evaluate offerings not merely on amenities and finishes but on district fundamentals, connectivity, and long-term stability. Comparable developments in District 15 and adjacent precincts demonstrate that proximity to major MRT stations remains the primary driver of sustained capital growth. The project's location advantage—sitting within the DT10 Stevens station catchment—positions it competitively against developments further from mass rapid transit nodes.

The development distinguishes itself through spacious unit configurations and quality finishes, appealing to buyers seeking space without the maintenance and renovation obligations that accompany landed properties. For those evaluating the choice between terraced house renovation in more distant districts versus apartment living near Stevens MRT, The Giverny Residences typically emerges as the more convenient option for professionals and senior executives whose time constraints and lifestyle preferences favour urban living.

Future Market Dynamics in District 15

The future supply pipeline in District 15 remains relatively constrained, reflecting the district's mature status and limited remaining land availability. Unlike growth districts experiencing substantial new launches, District 15 properties benefit from supply scarcity that supports valuations. New developments in the district tend to be limited in scale and spacing, meaning existing developments like The Giverny Residences do not face imminent competitive pressure from major new projects.

This supply limitation, combined with sustained demand from upgraders and international buyers seeking established neighbourhoods, suggests that capital appreciation within the district will continue outpacing broader market growth. Properties benefiting from strong MRT connectivity—as The Giverny Residences does—represent the tier most likely to appreciate steadily, as accessibility remains the primary value driver across economic cycles.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at The Giverny Residences as an investment property?

Units at The Giverny Residences typically generate rental yields between 2.5% and 3.5% per annum, depending on specific unit configuration, floor level, and market conditions at the time of acquisition. The proximity to Stevens MRT station and the professional demographic attracted to District 15 support consistent demand from expatriate executives and senior professionals seeking furnished accommodation near business districts. Investors must account for the 20% ABSD payable on acquisition as a Singapore Citizen's second residential property, which effectively raises the cost base and requires higher rental revenue to achieve target yield thresholds. Factoring this additional cost alongside maintenance, property management, and potential vacancy periods, realistic net yields for investors typically range between 2.0% and 2.8%, making the investment case dependent on capital appreciation rather than rental cash flow alone.

How does The Giverny Residences compare on price-per-square-foot to recent transactions in District 15?

Recent transactions in District 15 for premium residential properties situated within 300 metres of major MRT stations have traded at price-per-square-foot levels ranging from S$3,200 to S$3,800, with variation reflecting specific unit attributes such as floor level, orientation, and maintenance condition. The Giverny Residences, given its spacious unit dimensions and quality finishes, positions at the competitive middle to upper range of this spectrum, reflecting the quality standards and MRT accessibility that justify premium pricing. Comparable developments in the immediate vicinity, such as other District 15 properties near Stevens MRT, command similar price-per-square-foot metrics, suggesting that The Giverny Residences reflects fair market valuation relative to recent comparable transactions. Investors evaluating acquisition should compare specific unit offerings against recently transacted comparable units, rather than development averages, as individual unit attributes materially influence price-per-square-foot outcomes.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I am purchasing this as my second residential property?

If you are a Singapore Citizen purchasing a second residential property, Additional Buyer's Stamp Duty applies at the current rate of 20%, calculated on the purchase price of the property. For example, purchasing a unit at The Giverny Residences at S$5.975 million would incur ABSD of approximately S$1.195 million, which must be paid in addition to standard stamp duty, conveyancing fees, and other transaction costs. This 20% ABSD rate represents a significant incremental cost that materially affects the investment case for those building property portfolios, effectively requiring additional capital on top of the purchase price and raising the overall acquisition cost substantially. Most investors factoring ABSD into their analysis find that rental yields must be meaningfully higher or capital appreciation expectations substantially stronger to justify second-property acquisitions, particularly at premium price points where the absolute ABSD sum reaches six figures or more.

Are there lease decay or resale value concerns given the property's tenure structure?

The tenure structure of The Giverny Residences should be evaluated carefully, as Singapore residential properties operate under either 99-year, 999-year, or Freehold arrangements. Properties with shorter leasehold tenure face lease decay risk—the mathematical certainty that property values decline as the lease term shortens, particularly once the lease falls below 60 years remaining. Purchasers should confirm the exact tenure of units they are considering, as this fundamentally affects long-term resale prospects and financing accessibility, as many financial institutions apply stricter loan-to-value ratios to properties with rapidly declining lease terms. For investment purposes, properties with longer lease tenure (999-year or Freehold) provide substantially more resilience and capital stability, whereas shorter-tenure properties may face financing challenges and valuation pressure as the lease decays. The development's location within established District 15 provides some insulation against lease decay concerns, as strong underlying demand may offset lease shortening, but this remains a secondary factor compared to tenure fundamentals.

How does proximity to Stevens MRT station specifically affect demand, capital appreciation, and rental yield?

Proximity to Stevens MRT station (DT10 on the Downtown Line) represents a primary value driver for The Giverny Residences, as research consistently demonstrates that properties within 300–400 metres of major MRT interchanges command sustained demand premiums and outperform more distant properties across market cycles. The Downtown Line's connectivity to Marina Bay, Bugis, Chinatown, and other central business districts ensures that professionals and senior executives maintain high demand for residential properties in this location, supporting both owner-occupier interest and investment rental demand. Capital appreciation for MRT-proximate properties typically outpaces broader market growth by 1–2% per annum, reflecting the inelastic demand for convenience and accessibility that characterises Singapore's property market. The rental market particularly values MRT proximity, as expatriate tenants and corporate housing programmes prioritise convenience and public transport access over peripheral locations, meaning that The Giverny Residences attracts premium rental enquiries relative to developments requiring vehicle transport or distant MRT access.

Which buyer profiles—HNW individuals, upgraders, first-timers, or investors—is The Giverny Residences best suited to?

The Giverny Residences appeals particularly strongly to high-net-worth individuals seeking capital preservation with moderate appreciation, as District 15's stability, established character, and strong property values reflect fundamentals rather than speculation, making it attractive to those prioritising security over growth. Upgraders moving from smaller properties or inherited family homes benefit substantially from the spacious unit configurations and modern amenities, which justify the step up to this price point and provide tangible lifestyle improvements compared to smaller properties. First-time buyers with substantial capital or family support can establish themselves in one of Singapore's most stable districts, eliminating the need for future upgrades and securing a position in a neighbourhood where valuations reflect time-tested fundamentals rather than emerging trends. Investors appreciate the consistent rental demand, strong MRT connectivity, and capital stability, though they must carefully evaluate rental yield expectations against the 20% ABSD cost and maintenance obligations, as the investment case relies heavily on capital appreciation rather than strong cash flow alone.

What TDSR headroom and financing availability should I expect at typical purchase prices for this development?

At typical purchase prices for The Giverny Residences (ranging upwards from approximately S$5.975 million), most financial institutions structure mortgages with loan-to-value ratios of 75–80%, requiring owner-occupiers to provide 20–25% down payment from personal funds. Monthly mortgage servicing on this price point typically ranges from S$20,000–S$28,000 depending on interest rates, tenure, and loan structure, placing the property within reach only for those with substantial monthly household income (generally S$35,000 or more) to maintain TDSR compliance at the mandatory 60% threshold. Singapore Citizens purchasing a second residential property must factor the 20% ABSD into their financing structure, increasing the total capital requirement substantially and potentially reducing the loan-to-value ratio available, as many institutions discount the property value by the ABSD cost when calculating maximum loan amounts. Prospective buyers should engage directly with financial institutions early in their evaluation process, as pre-approval assessment provides clarity on financing availability and helps distinguish between acquisition capacity and truly sustainable financing at this price point.

How does The Giverny Residences compare to nearby competing developments in the same district?

The Giverny Residences competes within a segment of established District 15 developments characterised by strong fundamentals, quality finishes, and excellent MRT connectivity, with comparable properties typically situated within similar distances from Stevens MRT or alternative major stations. Competing developments in the district offer broadly comparable amenity standards, unit sizes, and price ranges, though specific variations in layout, facility quality, and maintenance condition affect relative valuation and attractiveness to different buyer profiles. The development's competitive positioning reflects its spacious unit configurations and location advantages, which align closely with what established District 15 buyers expect and value, meaning it occupies a strong middle position rather than commanding a significant premium or trading at a discount relative to genuinely comparable properties. Purchasers evaluating multiple District 15 options should focus comparison on specific unit attributes (floor level, orientation, view) rather than aggregate development-level comparisons, as individual unit characteristics typically influence purchase decisions far more substantially than broad development-to-development contrasts.

Which unit stack, floor level, or orientation typically offers the best value within The Giverny Residences?

Mid-to-high floor units (typically floors 15–25 in residential developments of this scale) tend to offer the best value relative to amenity gains, as they command moderate premiums over lower floors whilst avoiding the significantly higher prices associated with the uppermost floors and penthouses. Units with eastern or northern orientations typically trade at slight discounts to western and southern-facing units, yet provide excellent morning light and avoid afternoon heat gain, making them particularly suitable for professionals spending business hours away from the property. Stack position matters considerably—corner units and those positioned at the end of corridors command premiums reflecting additional privacy and varied viewlines, yet the premium often exceeds the actual utility gain, suggesting that mid-stack units offer superior value. Lower floors (particularly floors 5–10) present excellent opportunities for buyers prioritising functionality over status, as they maintain good light access and avoid the premium pricing of higher elevations whilst still clearing ground-floor noise and activity concerns.

What is the future supply pipeline in District 15, and how might it affect The Giverny Residences' long-term appreciation?

District 15 faces constrained future supply growth, as the district has reached maturity with limited remaining land parcels suitable for residential redevelopment, particularly at premium densities. Unlike growth districts experiencing substantial new launches that may suppress price growth through increased choice and competition, District 15's supply scarcity means existing developments face limited new competitive pressure from major new projects entering the market. This structural supply constraint supports sustained capital appreciation for established developments like The Giverny Residences, as existing inventory becomes relatively more valuable as demographic demand grows and new supply fails to increase proportionally. Future market dynamics in District 15 should favour existing quality properties that already occupy prime locations, as the option for new supply at comparable price points and locations diminishes, creating a structural tailwind for long-term capital retention and appreciation.

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