- Condo development with 3 units currently available.
- Prices currently range from S$30,000 to S$43,600.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$6,000 on this acquisition.
- Located 14 min (1.13 km) from NS22 Orchard MRT Station.
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.
Ardmore Residence: A Luxury Condominium in Singapore's Most Coveted Address
Ardmore Residence stands as a distinguished residential development positioned at 7 Ardmore Park, offering discerning buyers and investors a compelling entry point into one of Singapore's most desirable neighbourhoods. The development's proximity to NS22 Orchard MRT Station—merely 1.13 kilometres away and approximately 14 minutes on foot—places residents at the gateway to the island's preeminent shopping, cultural, and commercial hub. This strategic location ensures seamless connectivity to the broader island whilst maintaining the tranquility of an established residential enclave.
The condominium presents a collection of residences designed to accommodate various household compositions and lifestyle preferences. Units at Ardmore Residence feature generous floor plates, with select offerings exceeding 3,100 square feet, providing ample space for modern family living or executive requirements. The architectural quality and finish specifications reflect the prestige associated with the Ardmore Park address, an area synonymous with substantial landed properties and exclusive residential developments. This proximity to landed estates reinforces the development's positioning as a bridge between the exclusivity of single-family homes and the convenience of modern condominium living.
Location Dynamics and Accessibility
The Orchard district remains Singapore's preeminent retail and commercial destination, with the MRT station serving as a vital transport artery connecting residents to the central business district, transport nodes, and suburban employment centres. The 14-minute walk to the MRT station is well within optimal pedestrian access parameters, particularly given the quality of pavements and streetscape in this area. Residents benefit from immediate access to Orchard Road's curated mix of flagship department stores, boutique retailers, fine dining establishments, and cultural institutions, whilst the broader precinct offers world-class medical facilities, educational institutions, and recreational amenities.
For investors evaluating rental yield potential, the Ardmore location commands premium rental rates relative to the broader condominium market. The catchment area around Orchard MRT attracts affluent expatriate communities, corporate relocations, and high-net-worth individuals seeking temporary or medium-term furnished accommodation. Historical rental data for comparable developments in the immediate vicinity suggests yields ranging between 3.5% and 4.5% per annum, depending on unit configuration and lease terms. The area's enduring appeal as a business and leisure destination underpins rental demand resilience, even during economic downturns.
Development Character and Amenities
Ardmore Residence is conceived as a development that respects the established character of its neighbourhood whilst introducing contemporary condominium living standards. The address carries historical significance within Singapore's residential landscape, and the development integrates thoughtfully into this context. Residents enjoy the benefits of comprehensive condominium facilities typically found in luxury developments, including recreational spaces, security infrastructure, and concierge services that complement the inherent convenience of the location.
The immediate surroundings offer an exceptional array of amenities without requiring vehicular access. The Orchard Road precinct delivers shopping and dining options unmatched elsewhere in Singapore, with everything from casual dining to Michelin-starred restaurants within reasonable proximity. Cultural venues, including museums and performance spaces, sit alongside wellness facilities, premium gyms, and spa services. For families, international schools and educational institutions of high standing cluster throughout the wider district, with many accessible via the MRT network or short commutes.
Investment Considerations and Market Positioning
Buyers purchasing Ardmore Residence as a second residential property should account for Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price for Singapore Citizens acquiring a second residential property. This represents a material consideration in the overall acquisition cost and should feature prominently in investment feasibility assessments. Nevertheless, the premium location and rental yield potential often justify this additional outlay for serious investors.
From a comparative value perspective, Ardmore Residence transacts within price corridors consistent with recent market movements in the Orchard and surrounding prime residential districts. Comparable recent transactions in the area have ranged between S$1,800 and S$2,400 per square foot, reflecting the prestige and scarcity premium attached to established addresses in this locality. Ardmore's larger unit sizes and generous floor plates position it advantageously relative to newer, smaller-format developments emerging in secondary locations. The development appeals to multiple buyer cohorts: high-net-worth individuals and families seeking prestige without the constraints and maintenance requirements of landed property; upgraders transitioning from smaller condominiums or Housing Development Board flats; international relocations requiring substantial, well-appointed accommodation; and astute investors recognising the enduring capital appreciation potential of prime-location residential assets.
Financing and Affordability Parameters
Prospective purchasers should anticipate financing requirements that may approach 80% of the purchase price, subject to banking institution policies and the applicant's Total Debt Service Ratio capability. At typical pricing points for Ardmore Residence units, financing headroom for professional households remains comfortable, though applicants should factor in ABSD and legal costs when calculating total acquisition outlay. Most major banking institutions maintain competitive lending rates for developments in premium locations, and the strong resale market liquidity supports lender confidence in the asset class.
Long-Term Capital Appreciation and Lease Dynamics
Ardmore Residence, as a condominium on leasehold tenure, benefits from the legal framework governing Singapore residential property. Units at the development maintain robust resale liquidity, with the established address and location advantages supporting ongoing demand from successive waves of buyers. Lease decay—the gradual diminution of asset value as the lease tenure shortens—is a consideration for long-term holders, though properties in prime locations tend to command sustained interest even as lease lengths moderate. The MRT station proximity and Orchard location provide structural support for valuations over multi-decade holding periods.
Competitive Context and District Supply
The wider Orchard and surrounding prime residential zones have witnessed selective new supply over recent years, with most developments targeting ultra-luxury or niche market segments. Ardmore Residence competes favourably against newer launches in secondary locations whilst maintaining valuation stability relative to comparable-vintage developments in established prime neighbourhoods. The district's supply constraints—attributable to limited available land and conservation overlay restrictions—support long-term price stability and appreciation potential. Prospective buyers should recognise that Ardmore Residence offers exposure to one of Singapore's most resilient residential markets, with international recognition and demographic demand characteristics that transcend economic cycles.