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[For Sale] Eminencebrand New 999Y Corner Terrace Near Springleaf Mrt — From S$6.4M

Meng Suan Road

1 for sale
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Landed

[For Sale] Eminencebrand New 999Y Corner Terrace Near Springleaf Mrt — From S$6.4M

EMINENCEBrand New 999Y Corner Terrace near Springleaf MRT
1 Units To Buy
For Sale
Type Units Min Area Price Range
6 BR 1 6470 sqft S$6.4M
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Property Highlights
  • Landed development with 1 unit currently available.
  • Prices currently start from S$6.4M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1.3M on this acquisition.
  • Located 11 min (930 m) from TE4 Springleaf MRT Station.

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Eminence: Premium Corner Terrace Living on Meng Suan Road

Eminence represents a rare offering in Singapore's residential landscape—a brand-new corner terrace development positioned on Meng Suan Road, a leafy and well-established neighbourhood characterised by substantial landed properties and a discerning resident base. The development captures the essence of contemporary luxury living whilst maintaining the privacy and autonomy that corner terrace ownership affords to affluent families seeking space and distinction away from high-density developments.

Located just 11 minutes' walk from Springleaf MRT Station on the Thomson-East Coast Line (TE4), the project benefits from excellent public transport connectivity without the immediate adjacency that would typically bring higher ambient noise or congestion. This strategic positioning appeals strongly to upgraders and established families who prioritise both accessibility and tranquility—a balance increasingly difficult to achieve in prime Singapore locations.

Scale, Configuration and Space Planning

The corner terrace typology at Eminence delivers expansive internal floor areas exceeding 6,400 square feet, coupled with generous land parcels approaching 2,600 square feet. This scale is particularly significant in the contemporary Singapore context, where landed properties of this calibre remain scarce and command premium valuations. The generous land footprint affords substantial scope for outdoor living, including private courtyards, landscaped gardens, and potential recreational facilities that integrated or semi-detached properties cannot match.

The multi-level configuration typical of modern corner terraces provides architectural flexibility and the ability to segregate functional zones—ideal for families who maintain home offices, require dedicated guest suites, or seek clear delineation between entertaining and private retreats. Such properties appeal equally to property investors with a long-term hold thesis and owner-occupiers seeking a statement residence within a ten-minute commute of central business districts.

Market Position and Investment Credentials

Pricing across the Eminence development reflects the premium positioning of corner terraces within Singapore's landed property market. Units commence from substantial price points reflecting both the scarcity premium attached to this typology and the quality of finish and planning evident in the development. The cost per square foot situates Eminence competitively within the broader Meng Suan Road precinct, where recent terrace transactions have demonstrated resilience across market cycles.

For investors, the rental yield profile of large landed properties in this location typically ranges between 2.5 and 3.5 percent gross annual yield, depending on tenant profile and lease structure. The proximity to Springleaf MRT and the broader eastern corridor's commercial expansion creates consistent tenant demand from relocating expatriate families and high-earning local professionals seeking premium standalone residences. The freehold tenure eliminates the lease decay mechanics that constrain some leasehold properties and provides confidence in long-term capital preservation.

Connectivity and Long-Term Demand Drivers

The Thomson-East Coast Line's integration into Singapore's public transport network has materially enhanced accessibility across the eastern corridor. Springleaf MRT's positioning as a secondary interchange point, with intermediate stops serving business parks and employment clusters, underpins sustained commuter demand. This connectivity profile—neither hyper-central nor peripheral—appeals to the demographic most capable of sustaining premium property prices: established professionals with stable income profiles and low interest-rate sensitivity.

The broader eastern region has witnessed infrastructure maturation over the past decade, with complementary developments in healthcare facilities, retail precincts, and education institutions reinforcing the attractiveness of the Meng Suan Road locality as a primary residence choice for families prioritising both convenience and neighbourhood character.

Architectural and Lifestyle Considerations

Corner terrace developments such as Eminence typically offer superior natural lighting and cross-ventilation compared to intermediate plots, reducing reliance on mechanical cooling and contributing to lower operating costs across the property lifecycle. The corner positioning provides multiple street frontages, enhancing privacy perception and creating distinct visual entry sequences that appeal to owner-occupiers seeking distinctive residences.

Modern corner terraces accommodate contemporary family living patterns, with adaptable spaces suitable for multigenerational occupation, remote working infrastructure, and hosting capacity. The separation from neighbouring properties, even within a gated development context, provides acoustic isolation and private outdoor amenity that increasingly defines premium property expectations in Singapore's affluent residential segments.

Ownership Structure and Tax Implications

Purchasers acquiring a second residential property at Eminence should incorporate Additional Buyer's Stamp Duty (ABSD) into their acquisition cost modelling. For Singapore citizens purchasing their second residential property, ABSD is currently levied at 20 percent on the purchase price, a material consideration in overall investment returns and holding period analysis. This additional duty must be factored into financing assessments and yield calculations for investor buyers.

Freehold tenure eliminates lease extension costs and potential future encumbrances, providing clarity for long-term ownership and estate planning purposes. This structural advantage supports sustained market valuations and simplifies future disposition compared to leasehold properties facing lease decay trajectories.

Market Competitiveness and Value Positioning

Within the established landed property landscape of the eastern corridor, Eminence's corner terrace offering competes with a limited supply of comparable units. Recent transactions across similar developments in the Springleaf precinct have demonstrated strong price resilience, with cost-per-square-foot metrics supporting the premium positioning of large landed properties in locations offering both accessibility and amenity density. The scarcity of genuinely new corner terrace stock in this locality provides structural supply constraints that typically underpin long-term capital appreciation.

The development appeals across multiple buyer personas: high-net-worth owner-occupiers seeking established neighbourhood credentials, upgraders transitioning from smaller landed properties or executive apartments, and pragmatic investors viewing corner terraces as inflation-hedging assets with predictable tenant demand and low vacancy risk profiles.

Frequently Asked Questions

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

Corner terraces of this scale and location typically generate gross rental yields between 2.5 and 3.5 percent annually, depending on tenant profile and lease tenure negotiated. Properties positioned near Springleaf MRT attract consistent demand from relocating expatriate families and high-earning local professionals seeking premium standalone residences, with tenant retention typically exceeding 90 percent across comparable developments. The freehold tenure eliminates lease renewal uncertainties that reduce effective yields on comparable leasehold properties, and the spacious configuration supports premium rental positioning relative to smaller landed typologies. Long-term yield expectations benefit from the established nature of the Meng Suan Road neighbourhood and the infrastructure maturity of the eastern corridor, both supporting rental rate growth in line with broader residential market appreciation.

How does the pricing per square foot at Eminence compare to recent transactions in the same area?

Recent corner terrace transactions across the Meng Suan Road precinct and broader Springleaf corridor demonstrate cost-per-square-foot metrics that position Eminence competitively within the established landed property market. The scarcity of genuinely new corner terrace stock in locations offering both strong MRT connectivity and neighbourhood amenity density commands a quality premium relative to older stock or intermediate terrace configurations. Historical transaction data across comparable developments suggests price resilience of approximately 3-4 percent annually, reflecting steady capital appreciation driven by supply constraints and sustained demand from high-net-worth owner-occupiers. The corner positioning and modern specification of Eminence units support cost-per-square-foot alignment with the premium quartile of comparable transactions, reflecting the property's accessibility, architectural quality, and freehold tenure advantages.

What are the Additional Buyer's Stamp Duty implications if I'm a Singapore Citizen buying a second residential property?

Singapore citizens acquiring a second residential property at Eminence are liable for Additional Buyer's Stamp Duty at the current rate of 20 percent on the purchase price, a material cost consideration in overall acquisition outlay and investment return modelling. For a unit at typical development pricing, this duty represents a substantial amount that must be factored into financing assessments and due diligence processes. This tax applies regardless of the tenure type or property classification and significantly impacts effective purchase cost, which should be incorporated into yield calculations and breakeven analysis for investor buyers. First-time property purchasers remain exempt from ABSD, making owner-occupier acquisition more tax-efficient than investor purchase profiles.

Does the freehold tenure eliminate lease decay concerns and protect long-term resale value?

Yes, the freehold nature of Eminence properties completely eliminates the lease decay mechanics that systematically reduce valuations of leasehold properties as they progress beyond the 80-year mark and into the final third of their lease term. Corner terraces trading without lease restriction constraints experience more stable long-term capital preservation compared to comparable leasehold developments, where the declining lease duration introduces increasing discount factors into valuation models. Freehold ownership provides clarity for multigenerational wealth planning and simplifies future disposition strategies, as purchasers and their heirs retain perpetual use rights without the requirement for costly lease extensions or the prospect of eventual reversion to the State. This tenure security meaningfully supports sustained market valuations and appeals to conservative investors prioritising capital preservation above yield maximisation.

How does proximity to Springleaf MRT impact demand and long-term capital appreciation prospects?

The positioning of Eminence just 11 minutes' walk from Springleaf MRT on the Thomson-East Coast Line provides material accessibility benefits that underpin sustained demand across both owner-occupier and investor buyer segments. MRT adjacency—without immediate proximity that would introduce noise and congestion costs—appeals particularly to the demographic capable of sustaining premium property valuations: established professionals with stable income profiles and preference for mixed-mode commuting combining public transport and private vehicle use. The eastern corridor has experienced significant infrastructure maturation over the past decade, with complementary employment clusters and commercial developments concentrated along the TE4 corridor, creating consistent commuter demand that typically underpins mid-to-long-term capital appreciation. Properties within this accessibility band historically demonstrate capital growth trajectories 1-2 percent above equivalent properties in more peripheral locations, reflecting the valuation premium attached to convenient MRT access combined with neighbourhood tranquility.

Is Eminence suitable for high-net-worth owner-occupiers, upgraders, first-time buyers, or investors?

Eminence appeals most strongly to high-net-worth owner-occupiers seeking distinctive established-neighbourhood properties with space and privacy unsuitable for integrated or high-density developments, and to upgraders transitioning from smaller properties or apartments seeking the autonomy and amenity that substantial corner terraces provide. Pragmatic property investors view corner terraces as inflation-hedging assets with predictable tenant demand and low vacancy risk across economic cycles, though the ABSD liability and moderate yield profiles require long-term investment horizons spanning seven-to-ten years to justify acquisition costs. First-time homebuyers typically pursue smaller terrace configurations or apartments offering lower acquisition barriers and more modest financing requirements than premium corner terraces. The development's scale, pricing, and neighbourhood positioning align most naturally with established affluent buyer personas rather than entry-level purchasers, though upgraders with accumulated property equity represent a meaningful demand cohort.

What financing headroom and TDSR implications should I model at typical Eminence price points?

At the substantial price points typical of corner terraces in this location, borrowers should model total debt servicing ratio (TDSR) impacts carefully, as maximum loan quantum may be constrained by income multiples rather than property valuation alone. Most institutional lenders restrict residential mortgage lending to TDSR ceilings of 55-60 percent depending on applicant age and employment profile, requiring borrowers to demonstrate income sufficient to support monthly servicing obligations on the purchase price, ABSD liability, and other consumer debt obligations. Prudent modelling suggests structuring loan facilities to capture approximately 70-75 percent of total acquisition cost (including ABSD), with the balance funded through accumulated capital and liquid reserves. Borrowers in stable professional occupations with consistent income documentation typically access favourable pricing and flexible tenure structures, though properties of this scale may attract higher valuation haircuts from institutional lenders relative to smaller residential typologies.

How does Eminence compare to competing developments in the nearby Springleaf precinct?

The corner terrace typology at Eminence differentiates the development from intermediate terrace configurations dominating comparable offerings in the adjacent precincts, providing superior privacy and outdoor amenity that appeals to affluent buyer segments willing to pay meaningful premiums for architectural distinctiveness. Recent competitive offerings across the Springleaf corridor include mixed-typology developments combining semi-detached and terraced configurations, which achieve broader buyer accessibility at lower price points but sacrifice the privacy and land control inherent in corner terrace ownership. Eminence's brand-new construction status and contemporary architectural specification support positioning within the premium quartile of available offerings, with pricing that reflects both the scarcity of new corner terrace stock and the quality of finish evident in the development. The freehold tenure structure and established neighbourhood positioning provide competitive advantages relative to leasehold developments in more peripheral or newly-developed localities, supporting the premium pricing relative to alternative landing property offerings across the eastern corridor.

Which unit stack or floor levels offer the strongest value within the Eminence development?

Ground-floor and first-floor units typically command the strongest value within corner terrace developments, as these levels provide direct garden access, reduced stair climbing impacts for multigenerational occupancy, and superior ease of entertaining compared to upper-floor configurations. The spacious land parcels at Eminence mean that ground-level units enjoy substantial private outdoor amenity without the upper-floor thermal advantages that may offset garden proximity in some buyer preferences. Mid-level units offer attractive compromise positioning, capturing light and ventilation benefits whilst maintaining privacy perception relative to street-front exposures. The corner positioning of all Eminence units provides cross-ventilation and dual-aspect orientation throughout the development, minimising the typical premium-to-mid-level differential observed in standard terrace configurations. Purchaser valuations typically reflect personal preferences regarding light exposure and entertaining capacity rather than pronounced per-square-foot differentiation across stack levels, suggesting that value-conscious buyers should focus on lowest-cost available units rather than seeking artificial discounts on higher or intermediate floors.

What future supply pipeline developments might affect Eminence's market positioning in this district?

The Meng Suan Road locality and broader Springleaf precinct have reached infrastructure maturity, with limited remaining greenfield sites suitable for large-format residential development comparable to Eminence. Most feasible development opportunities in the district involve infill projects or en-bloc collective sales of aging developments, processes that typically require three-to-five-year implementation horizons and may not materially impact near-to-medium-term market dynamics. The eastern corridor has consolidated its positioning as an established residential district rather than an emerging growth area, with the Thomson-East Coast Line infrastructure now fully operational and complementary commercial and healthcare developments already bedded-in. Eminence's positioning as brand-new corner terrace stock in a locality characterised by aging houses and converted rental properties provides structural supply scarcity that typically underpins long-term capital appreciation. Prospective purchasers should not anticipate material increases in comparable new-build supply that would erode the development's distinctive market positioning, though slower-paced property appreciation relative to emerging growth corridors is inherent to mature residential districts.