Type

Units

Min Area

Price Range

3 BR

1098 sqft

S$2.4M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$2.4M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$476K on this acquisition.
Located 6 min (510 m) from DT6 King Albert Park MRT Station.

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Jardin: Contemporary Living on Dunearn Road

Jardin stands as a distinguished residential address at 968 Dunearn Road, offering thoughtfully designed units in one of Singapore's most sought-after neighbourhoods. The development occupies a strategic location that balances urban convenience with a quieter, tree-lined residential character. With the Downtown Line's King Albert Park MRT Station positioned just six minutes' walk away (510 metres), residents enjoy seamless connectivity to employment hubs, shopping districts, and cultural venues across the island.

The development presents a range of unit configurations designed to accommodate diverse buyer demographics. From professionals seeking their first step into the property market to established families looking to upgrade, Jardin delivers flexible living solutions. Units span across multiple floor levels with varying exposures, allowing purchasers to select layouts and vistas that align with their lifestyle preferences and investment objectives.

Strategic Location and Connectivity

The Dunearn Road precinct represents a mature, well-established enclave known for residential stability and strong community infrastructure. King Albert Park MRT Station, serving the Downtown Line, places Jardin within easy reach of Orchard Road's retail and commercial corridors, the Marina Bay financial district, and residential clusters throughout the east and south. This accessibility has historically supported both capital appreciation and sustained rental demand in the area.

Beyond public transport, the neighbourhood benefits from excellent road networks connecting to major expressways. Residents can access the Bukit Timah Expressway and Pan-Island Expressway within minutes, facilitating commutes to business parks in Jurong and the northern regions. This multi-modal connectivity strengthens the development's appeal to working professionals and interstate commuters.

Neighbourhood Amenities and Lifestyle

The surrounding district provides comprehensive daily conveniences without requiring residents to venture far. Quality primary and secondary schools operate within the immediate vicinity, making Jardin an attractive choice for families with school-age children. Shopping facilities, dining establishments, and wellness centres dot the area, supporting a balanced urban lifestyle. Bukit Timah Nature Reserve lies within reasonable proximity, offering outdoor recreation opportunities for health-conscious residents.

The maturity of the neighbourhood means established infrastructure, reliable utilities, and a stable community fabric. Unlike emerging estates with ongoing construction, Dunearn Road presents a settled character with predictable amenity availability and minimal disruption.

Investment Considerations

Jardin appeals to investors evaluating residential real estate as a medium to long-term capital asset. The development's proximity to a major MRT interchange generates consistent tenant inquiry from expatriates, young professionals, and corporate relocatees seeking convenient urban living. Rental yields across comparable properties in the King Albert Park precinct have historically demonstrated resilience, particularly for well-maintained units with appealing north-south aspects.

Prospective investor-owners should assess their financial capacity to hold through market cycles, as property valuations in mature districts tend to appreciate steadily rather than spike sharply. The development's location within a non-cooling measure area (subject to current government policies) and its proximity to quality transport infrastructure support gradual, sustainable appreciation over five to ten year holding periods.

Buyer Profiles and Suitability

First-time buyers with sufficient capital may find Jardin's range of unit sizes accommodating, particularly those prioritising proximity to the MRT network and established neighbourhoods over newly launched developments. The mature location appeals to risk-averse purchasers seeking tangible community infrastructure and predictable property performance. For upgraders transitioning from smaller units or HDB flats, Jardin offers a qualitative step up in space and finishings whilst maintaining affordability relative to more aspirational addresses like the Tanglin or Orchard belt.

High-net-worth individuals may view Jardin as a secondary investment or portfolio diversification play, leveraging its stable rental market and institutional-grade tenant profile. Downsizers approaching or in retirement may appreciate the development's moderate density, established community, and accessibility to medical facilities and shopping without the maintenance burdens of a landed property.

Financing and Ownership Considerations

Singapore Citizens purchasing Jardin as a second residential property should be mindful of the Additional Buyer's Stamp Duty (ABSD), currently levied at 20 percent on the purchase price. This duty materially affects the total acquisition cost and should be factored into overall investment returns and cash flow projections. For instance, a property transacting at S$2.4 million would incur approximately S$480,000 in ABSD, meaningfully increasing the effective purchase price and reducing short-term rental yield unless offset by capital appreciation.

Prospective owners should confirm their Total Debt Servicing Ratio (TDSR) headroom with financial institutions, as mortgage commitments in excess of 80 percent loan-to-value ratios may constrain borrowing capacity. At typical price points for Jardin units, most institutional lenders will require applicants to demonstrate household incomes sufficient to support monthly loan repayments whilst maintaining prudent debt service ratios. Professional advice from mortgage brokers or bank officers is essential before making an offer.

Market Positioning and Comparables

Jardin competes within the mature residential segment alongside established condominiums around the Bukit Timah, Tanglin, and King Albert Park localities. Properties with similar age, unit configurations, and MRT proximity typically transact at per-square-foot prices reflective of the established location, resident demographics, and amenity offerings. Recent transactions in the wider Dunearn Road and Bukit Timah area have hovered within a competitive band, with variations dependent on unit condition, floor level, and aspect. Prospective buyers should review recent sale and rental comparables to benchmark Jardin's offered units against the current market and identify value opportunities relative to newer, more distant developments in emerging districts.

Long-Term Asset Value and Market Fundamentals

The leasehold tenure structure of most private residential properties in Singapore necessitates awareness of lease decay and its eventual impact on asset value. Whilst Jardin units with significant lease length remaining (typically 99 years from the original grant) pose minimal near-term concern, owners considering a 20+ year holding period should monitor lease length and potential en bloc opportunities that may emerge in coming decades. Government policies supporting urban renewal and collective sales provide pathways for stakeholders to unlock value in mature estates, though such outcomes remain speculative.

Demand for properties in King Albert Park and adjacent areas has remained relatively steady over successive property cycles, underpinned by the stability of the neighbourhood and its strong transport links. As the Downtown Line continues to mature and integrate further into Singapore's transport ecosystem, accessibility premiums may gradually strengthen, supporting sustained demand and capital retention for Jardin residents and investors.

Frequently Asked Questions

What rental yield might investors expect from purchasing a unit at Jardin for rental income?

Rental yields at Jardin vary depending on unit size, floor level, and market conditions, but comparable properties in the King Albert Park precinct typically achieve gross yields between 2.5 and 3.5 percent per annum. A property transacting at S$2.4 million might command monthly rental of S$5,000 to S$7,000, translating to annual gross yields in that mid-range. However, investors must deduct property tax, maintenance fees, occasional vacancy periods, and potential refurbishment costs to calculate true net yield. The immediate six-minute walk to King Albert Park MRT Station enhances tenant appeal, sustaining rental demand among expatriates and young professionals seeking convenient urban living, which supports yield stability across economic cycles.

How do Jardin's per-square-foot prices compare to recent transactions in the Dunearn Road and Bukit Timah area?

Jardin units operate within the established middle-tier pricing band for the Bukit Timah and King Albert Park localities, reflecting the maturity of the neighbourhood and the strength of its MRT connectivity. Recent comparable transactions in the wider area have settled between S$2,100 and S$2,800 per square foot, depending on floor level, aspect, condition, and unit size. Larger units (three-bedroom and above) typically command prices at the higher end of this spectrum, whilst smaller two-bedroom configurations may transact toward the lower threshold. Prospective buyers should obtain recent en bloc data and private transaction records from their agent to confirm where specific Jardin units sit relative to the latest market comps, as pricing can vary meaningfully between floor levels and tower positions.

What is the Additional Buyer's Stamp Duty impact for a Singapore Citizen buying at Jardin as a second property?

Singapore Citizens acquiring a second residential property, including a unit at Jardin, face Additional Buyer's Stamp Duty (ABSD) at the current rate of 20 percent on the purchase price. For a property transacting at S$2.4 million, this equates to S$480,000 in ABSD payable to the Inland Revenue Authority of Singapore at the point of purchase. This duty materially increases the total acquisition cost and must be factored into investment returns and cash flow analysis. For investors, the 20 percent ABSD significantly extends the break-even horizon; a property must appreciate by approximately 20 percent just to recover the stamp duty burden, making a medium to long-term (7-10 year) holding horizon more appropriate than speculative shorter cycles. First-time owners are exempt from ABSD, making Jardin relatively more attractive to first-time buyers than to investors purchasing a second residential asset.

What lease decay risk exists at Jardin, and how might it affect long-term resale value?

Most units at Jardin, as a private residential condominium, are structured on 99-year leasehold tenure from the original grant date. Properties with remaining lease terms significantly above 70 years (typically more than 30-40 years remaining) experience minimal immediate impact on valuation or mortgageability. However, as lease length deteriorates below 70 years, financial institutions may reduce loan-to-value ratios, and buyer pools may contract, potentially suppressing resale prices. For Jardin, the key consideration depends on the exact original grant date; if the development was built in the 1980s or 1990s, remaining lease length may already be trending toward 80-85 years, warranting closer scrutiny for long-term holders. Owners should investigate en bloc collective sale prospects, as the Singapore government continues to support urban renewal initiatives that may eventually allow stakeholders to unlock value before lease decay becomes acute. Professional valuation advice is advisable when evaluating Jardin as a 20+ year investment.

How does proximity to King Albert Park MRT Station influence demand and capital appreciation for Jardin units?

King Albert Park MRT Station, serving the Downtown Line, is a significant value driver for Jardin. The six-minute walk (510 metres) to the station positions the development within the premium accessibility tier, commanding sustained demand from working professionals, young families, and corporate tenants seeking minimised commute times to the Marina Bay financial district and Orchard Road commercial corridors. This accessibility has historically supported both capital appreciation and rental stability in the immediate precinct. As Singapore's public transport network matures and congestion pressures intensify, MRT-proximate properties tend to outperform distant peers over medium to long-term holding periods, often capturing a meaningful portion of overall returns through accumulated appreciation premiums. The Downtown Line's integration with other MRT lines at Dhoby Ghaut, Orchard, and other interchanges further amplifies Jardin's connectivity appeal, supporting sustained investor and occupier interest.

Which buyer profiles are best suited to purchasing at Jardin, and why?

Jardin appeals to multiple buyer cohorts. First-time owners with strong financial foundations may find the development's mature neighbourhood, reliable infrastructure, and MRT proximity particularly attractive, offering a secure entry into the private residential market without the execution risk of emerging estates. Upgraders transitioning from HDB flats or smaller private units appreciate the step-up in space and finishings whilst maintaining reasonable pricing relative to more aspirational addresses like Tanglin or Orchard. Downsizers nearing retirement value the established community, lower maintenance profiles compared to landed properties, and accessibility to medical facilities and shopping without car dependency. Investor-owners focus on the rental yield potential and institutional tenant profiles attracted by the MRT accessibility and neighbourhood stability. High-net-worth individuals may view Jardin as portfolio diversification or a secondary residence, leveraging its stable market performance rather than capital appreciation fireworks. The development's flexibility across unit sizes and price points means prospective buyers should first clarify their timeline, financing capacity, and hold duration before evaluating specific units.

What Total Debt Servicing Ratio (TDSR) headroom should buyers anticipate at Jardin's typical price points?

At typical Jardin transaction prices ranging around S$2.0 to S$2.8 million, most institutional lenders will require household incomes sufficient to maintain TDSR ratios at or below 60 percent, meaning total monthly debt servicing (including mortgage, car loans, credit cards, and other liabilities) should not exceed 60 percent of gross monthly household income. For a S$2.4 million purchase with a 25-year mortgage at 80 percent loan-to-value (S$1.92 million), monthly repayment approximates S$10,000 to S$11,000 depending on prevailing interest rates; prospective buyers should therefore demonstrate household incomes of approximately S$180,000 to S$200,000 annually to secure comfortable TDSR approval. Buyers carrying existing debt (car loans, personal credit facilities) will need proportionally higher income to satisfy lender requirements. It is prudent to engage a mortgage broker early in the purchasing process to confirm financing capacity and avoid disappointment after negotiating a purchase contract; banks typically reassess TDSR annually for existing mortgages, so buyers should allow adequate income buffer for future rate rises and potential economic downturns.

How does Jardin compare to nearby competing developments in terms of location, pricing, and amenities?

Jardin competes directly with established condominiums within the Bukit Timah, Tanglin, and King Albert Park localities, including properties like those in the broader Sixth Avenue, Jalan Anak area, and other mature clusters. Competing developments typically offer similar 1980s-1990s vintage architecture, comparable unit configurations, and equivalent MRT accessibility, though some nearby competitors may benefit from additional on-site facilities (larger pools, fitness centres, or landscaped gardens) or slightly different positioning within the neighbourhood. Pricing competition between Jardin and nearby peers is largely driven by unit condition, floor level, aspect, and subtle location variations; units in developments closer to Tanglin Road retail corridors may command premium positioning versus those positioned deeper into residential enclaves. Prospective buyers should physically inspect multiple comparable developments to assess relative value, maintenance standards, and community feel. Jardin's specific positioning on Dunearn Road places it within the popular King Albert Park precinct, which has proven comparatively resilient during property cycles, whilst some competing developments in less proximate locations may experience softer demand and slower appreciation.

Which unit stack or floor level at Jardin typically offers the best value proposition?

Mid-level units (typically floors 5-15) at Jardin often present superior value relative to low and high floors, balancing natural light, ventilation, and vistas against the premium prices typically commanded by penthouses and the potential perception of lower desirability among some buyers for very low floors (1-3). Mid-level units also tend to attract stable owner-occupiers and quality tenants, supporting consistent rental performance and resale liquidity. Corner and end-unit configurations, where available at mid-levels, often command meaningful premiums due to superior cross-ventilation and dual-aspect vistas; these units may justify the additional cost if the buyer intends to hold long-term and values lifestyle amenity. Ground and first-floor units, whilst potentially more accessible and outdoor-space-adjacent, may suffer from street noise, reduced privacy, and lower perceived exclusivity, often transacting at discounts of 5-10 percent relative to comparable mid-level units. Higher floors (above 20) typically command significant premiums justified by panoramic views and perceived prestige; unless the buyer has a specific view preference or investment thesis around prestige positioning, the incremental cost may not deliver proportional return on investment. Prospective buyers should visit multiple floor levels and compare pricing to identify where Jardin's best value sits relative to their priorities.

What future supply pipeline is expected in the Dunearn Road and King Albert Park district, and how might it affect Jardin's long-term appreciation?

The Dunearn Road and King Albert Park district is substantially built-out and zoned primarily for established residential use, meaning large-scale new development is constrained by land availability and planning restrictions. Unlike emerging regions with active en bloc activity and new project launches, the immediate precinct offers limited pipeline for new competitive supply, supporting long-term demand stability for existing established developments like Jardin. The Government has designated certain nearby areas for potential residential intensification or mixed-use redevelopment (such as incremental growth in the Bukit Timah precinct), but these typically unfold over 10+ year horizons and do not materially threaten near-term demand for existing properties. The stronger long-term risk to Jardin's appreciation may come from potential en bloc collective sales activity within the broader Bukit Timah district, as the Government continues to support urban renewal; if nearby older developments en bloc and are redeveloped at higher densities or with premium positionings, they could attract demand that might otherwise flow to Jardin. However, en bloc outcomes are speculative and typically require significant stakeholder consensus; for medium-term (5-7 year) holding horizons, the limited new supply pipeline in the immediate King Albert Park locality supports relatively stable demand and capital retention for Jardin units.

[For Sale] Jardin — From S$2.4M