Type

Units

Min Area

Price Range

4+ BR

1744 sqft

S$12,800/mo

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$12,800.
Located 8 min (630 m) from CC20 Farrer Road MRT Station.

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Leedon Green: Contemporary Residential Living in a Sought-After Enclave

Leedon Green represents a distinctive residential offering in one of Singapore's most desirable neighbourhoods. Located at 28 Leedon Heights, this condominium development sits within the established Leedon precinct, a locality renowned for its blend of tranquillity and accessibility to major employment centres. The property commands attention from discerning buyers and investors seeking a balance between serene residential amenities and proximity to strategic transport links.

The development benefits from its positioning just eight hundred metres—approximately an eight-minute walk—from Farrer Road MRT Station on the Circle Line. This connectivity proves invaluable for commuters accessing the central business district, with direct rail connections to Raffles Place and Marina Bay. For those prioritising accessibility without the immediate hustle of downtown Singapore, the location offers an optimal middle ground, combining relatively short travel times with the quieter rhythm of a well-established residential area.

Location and Neighbourhood Character

Leedon Heights occupies a coveted stretch of District 10, characterised by low-density residential estates, mature landscaping, and a palpable sense of exclusivity. The area has evolved over decades into a magnet for families, established professionals, and high-net-worth individuals seeking properties that command both privacy and convenience. Nearby amenities include acclaimed international schools, fine dining establishments, and boutique retail spaces that reflect the area's upmarket profile.

The neighbourhood benefits from its proximity to several key employment hubs. The financial district at Raffles Place is readily accessible via the Circle Line, whilst tech and media companies cluster increasingly in the central region around Orchard. For those with commitments in the East Coast or Changi corridor, alternative transport options—including arterial roads and planned future rail connections—ensure that Leedon Green remains strategically positioned within Singapore's broader transport network.

Unit Composition and Living Spaces

Leedon Green comprises units across various configurations, catering to different family sizes and lifestyle preferences. Residences typically range across layouts that maximise natural light and ventilation, reflecting contemporary design sensibilities. Each unit has been conceived to offer generous proportions, with thoughtful room arrangements that separate living and sleeping zones whilst maintaining functional flow throughout the residence.

The development's architectural approach emphasises quality finishes and durable materials, resonating with the expectations of the affluent buyer demographic who occupy the Leedon precinct. Common areas have been designed to encourage community interaction whilst preserving the privacy that residents of this calibre expect. Storage solutions, integration of modern kitchen specifications, and en-suite bathrooms reflect standards consistent with premium residential developments in Singapore.

Amenities and Community Facilities

Residents benefit from a comprehensive suite of on-site amenities designed to enhance everyday living and support health and wellness objectives. Recreational facilities encourage active living amongst residents, whilst landscaped common areas provide peaceful retreats within the development footprint. The thoughtful integration of greenery and water features creates an environment that mitigates urban stress and promotes quality of life for occupants across all age groups.

Security infrastructure meets contemporary standards, with controlled access points and 24-hour surveillance ensuring resident safety and peace of mind. Dedicated parking provisions accommodate vehicles within the development, addressing a critical pain point for many Singapore homeowners. The combination of on-site facilities and careful master-planning means that residents need not venture far to access their daily requirements, contributing to the development's overall appeal to busy professionals and families.

Investment Potential and Rental Yield Considerations

For investors evaluating Leedon Green as a portfolio addition, the development's location and unit specifications position it favourably within the rental market. The proximity to Farrer Road MRT Station supports demand from corporate expatriates, young professionals, and couples seeking quality accommodation without the premium price tags attached to ultra-central locations. Historical rental absorption in the Leedon area indicates consistent tenant interest, with lease tenures typically ranging from one to three years, reflecting both short-term expatriate postings and longer-term professional placements.

Gross rental yields across comparable developments in the district have historically ranged between four and six percent, though specific yields depend on precise unit specifications, market conditions at the time of purchase, and individual landlord management approaches. The development's built-in appeal to the rental market—combined with its stable neighbourhood credentials and MRT accessibility—suggests reasonable yield potential for astute investors acquiring at current market entry points. However, investors should conduct independent due diligence on actual rental comps and factor in property tax, maintenance contributions, and insurance when modelling returns.

Pricing and Market Positioning

Leedon Green's pricing reflects its premium positioning within the District 10 landscape. Comparable transactions in the broader Leedon precinct over recent quarters have recorded per-square-foot values that underscore the area's desirability and resilience. Whilst prices per square foot naturally fluctuate based on unit-level variables—orientation, floor height, facing, and exact size—the development as a whole has tracked favourably against both district averages and comparable lakeside or boutique developments in adjacent districts.

Prospective purchasers should contextualise pricing against the development's inherent advantages: MRT proximity, established neighbourhood reputation, quality construction standards, and the built-in appeal to both end-users and investors. For those comparing Leedon Green to alternatives elsewhere in Singapore, the combination of location permanence, transport accessibility, and the maturity of the surrounding precinct often justifies the premium over greenfield developments in emerging districts.

Capital Appreciation and Long-Term Value Drivers

The Leedon precinct's maturity as a residential neighbourhood has historically supported steady capital appreciation, insulated from speculative cycles that afflict newer launch projects. The established nature of the area—with schools, restaurants, and commercial facilities fully operational—removes execution risk present in emerging developments. For long-term holders, this stability translates into predictable value growth aligned with broader District 10 trajectories and Singapore's residential property inflation over multi-decade horizons.

Future supply considerations also favour existing developments like Leedon Green. The constrained land availability in central Singapore means that new supply additions to the Leedon precinct remain limited, supporting demand-supply dynamics favourable to existing stock. As the development ages, well-maintained properties typically benefit from the scarcity value accruing to older, fully-completed projects in prime locations—a dynamic that has consistently supported resale values and investor returns across Singapore's mature residential neighbourhoods.

Buyer Suitability and Typical Occupant Profiles

Leedon Green appeals to multiple buyer archetypes. High-net-worth individuals seeking substantial, well-appointed residences in an exclusive neighbourhood find the development aligned with their expectations. Upgrading families moving from smaller HDB flats or suburban condominiums appreciate the space, amenities, and neighbourhood prestige. Young professionals and small families drawn to the MRT-accessible location and rental convenience form another cohort, particularly where overseas posting timelines or uncertain employment scenarios favour rental flexibility over ownership commitments.

The development's suitability extends to investors building portfolios of income-generating residential assets across Singapore's key districts. The combination of rental demand, reasonable entry pricing, and the neighbourhood's reputation creates favourable risk-adjusted return profiles compared to developments in less established locations. First-time buyers with sufficient capital may also find Leedon Green appealing, provided they prioritise location stability and established neighbourhood credentials over the allure of newer, more highly marketed launch developments.

Financing and Mortgage Considerations

Prospective buyers planning to finance their Leedon Green purchase through mortgage facilities should factor prevailing lending conditions and debt servicing ratio constraints. Banks typically classify developments in the Leedon precinct as prime residential assets, facilitating loan-to-value ratios commensurate with Singapore's lower-risk property segments. A property acquired at prevailing market rates generally supports mortgage financing at 70 to 80 percent of purchase price, enabling buyers to structure purchases aligned with personal financial situations and risk appetite.

Total debt servicing ratio calculations—encompassing the mortgage payment alongside other consumer liabilities—impose prudential ceilings that reduce the maximum sustainable loan amount. Buyers should engage mortgage brokers or bank advisers to stress-test affordability under potential interest rate scenarios, ensuring financial resilience should rates rise during the loan tenure. Additionally, those acquiring Leedon Green as a second residential property must account for the Additional Buyer's Stamp Duty levied at 20 percent on the purchase price for Singapore Citizens, a material cost factor that substantially increases total outlay and should be incorporated into financial planning well before commitment.

Comparative Analysis Within District 10

District 10 encompasses several developments competing for the attention of upmarket buyers, including both established condominiums and recent launches. Leedon Green's relative positioning depends on specific unit specifications being considered: a four-bedroom corner unit on a high floor commands different appeal and value than a lower-floor, centrally-positioned two-bedroom. However, across cohorts, Leedon Green's maturity, MRT proximity, and neighbourhood stability consistently emerge as competitive differentiators against newer launches in more outlying precincts that often command lower per-square-foot pricing but lack the established infrastructure and transport convenience.

Prospective buyers evaluating Leedon Green against direct rivals—such as other lakeside or prestigious District 10 addresses—should prioritise site visits, comparison of specific unit layouts, and assessment of amenity quality and maintenance standards. Consulting publicly available transaction histories and rental listings for comparable units provides empirical context for pricing negotiations and value assessment, informing whether asking prices reflect true market conditions or aspirational vendor expectations disconnected from recent comps.

Frequently Asked Questions

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

Leedon Green's proximity to Farrer Road MRT Station and established neighbourhood credentials position it favourably within Singapore's rental market. Gross rental yields across comparable developments in District 10 have historically ranged between four and six percent, though actual yields depend on specific unit specifications, acquisition price, and prevailing market conditions at the time of purchase. The development attracts consistent tenant interest from corporate expatriates, young professionals, and couples seeking quality accommodation near central Singapore without premium central-location pricing. Investors should independently model returns by gathering recent rental comparables for similar units, accounting for property tax, monthly maintenance contributions, insurance, and vacancy contingencies to derive realistic net yield expectations.

How do per-square-foot prices at Leedon Green compare to recent transactions in the Leedon precinct?

Leedon Green's pricing reflects its premium positioning within District 10, with per-square-foot values tracking favourably against both district-wide averages and comparable developments in adjacent areas. Recent transactions across the broader Leedon precinct over the past quarters have established market benchmarks that contextualise Leedon Green's pricing relative to alternative offerings. Unit-level variables—such as orientation, floor height, specific layout, and size—cause individual units to deviate from development-wide averages, making direct pricing comparison complex without examining specific units' specifications. Prospective buyers should compile comparable sales data from the Inland Revenue Authority of Singapore's transacted prices or engage qualified agents to assess whether asking prices align with recent arm's-length market transactions for similar units in the precinct.

What is the Additional Buyer's Stamp Duty impact if I purchase Leedon Green as my second residential property?

If you are a Singapore Citizen purchasing Leedon Green as your second residential property, you will incur Additional Buyer's Stamp Duty at the current rate of 20 percent on the purchase price. This duty is payable upon completion of your purchase and significantly increases the total cash outlay required to acquire the property. For example, a S$2 million purchase would attract ABSD of S$400,000, materially impacting financial planning and return-on-investment calculations for investors. This cost should be explicitly factored into your financing arrangements, available capital reserves, and overall investment thesis before committing to an offer. Tax residency and citizenship status may create exemptions or deferrals in specific circumstances, warranting consultation with a qualified tax adviser or lawyer.

What is the lease decay risk for Leedon Green, and how might it affect resale value over time?

Leedon Green is a leasehold property, meaning ownership is bounded by a fixed lease term typically extending either 99 years or 999 years from the original land grant. If Leedon Green operates under a 99-year tenure, lease decay becomes a material consideration for long-term holders, as properties with fewer than 60 years remaining on the lease historically command lower prices and attract a narrower pool of buyers. Properties with 30 years or less face particular financing and valuation challenges, as many banks restrict lending on short-lease properties and investor interest wanes. The development's exact lease commencement date determines its remaining tenure and any future decay trajectory. Buyers should verify the lease term before purchasing and consider how remaining tenure aligns with their investment or occupancy timeline. Properties with longer remaining leases generally preserve resale value more effectively across multi-decade holding periods.

How does the proximity to Farrer Road MRT Station affect long-term demand and capital appreciation for Leedon Green?

Farrer Road MRT Station on the Circle Line constitutes a critical value driver for Leedon Green, positioning the development within eight minutes' walk of seamless rail connectivity to the central business district, Marina Bay, and the broader island transport network. MRT accessibility historically supports stronger capital appreciation trajectories compared to non-MRT-served properties, as commuting convenience attracts broader buyer pools and justifies premium pricing. The Circle Line's full operationalisation enhances accessibility benefits, particularly for professionals working in Raffles Place, Marina Bay, or other CBD locations. For investors, MRT proximity underpins rental demand from expatriates and young professionals for whom commuting convenience is paramount. As Singapore's transport network evolves, established MRT-linked properties typically appreciate as alternative transport modes and land-use patterns develop around transport nodes, supporting Leedon Green's long-term value trajectory relative to developments in more outlying precincts.

Which buyer profiles are best suited to purchasing at Leedon Green?

Leedon Green appeals to multiple buyer archetypes, each with distinct motivations and expectations. High-net-worth individuals seeking substantial, well-appointed residences in an exclusive, established neighbourhood align perfectly with the development's positioning and amenity standards. Upgrading families moving from smaller public housing or early-generation condominiums appreciate the space, architectural quality, and neighbourhood prestige associated with the Leedon precinct. Young professionals and couples, particularly those with overseas posting uncertainty or shorter-term Singapore tenure, favour the development's rental accessibility and MRT connectivity without the capital commitment of suburban developments. Investors building diversified residential portfolios recognise Leedon Green's combination of rental demand, neighbourhood stability, and reasonable entry pricing relative to competing developments in central districts. First-time buyers with substantial capital may find Leedon Green suitable if they prioritise location permanence and established neighbourhood credentials over the novelty of newer, more heavily marketed launch projects.

What Total Debt Servicing Ratio constraints and financing headroom apply at typical Leedon Green price points?

Prospective buyers financing Leedon Green purchases through mortgage facilities must satisfy Total Debt Servicing Ratio constraints, which typically cap permissible debt service payments at 55 percent of gross monthly income. This ceiling encompasses the Leedon Green mortgage alongside other consumer liabilities—credit card balances, car loans, personal financing—creating a prudential ceiling that limits maximum sustainable loan amounts. A property acquired at prevailing market rates generally supports loan-to-value ratios between 70 and 80 percent of purchase price, enabling buyers to finance between S$1.4 million and S$1.6 million of a S$2 million purchase price, depending on bank appetite and borrower creditworthiness. Buyers should engage mortgage brokers or financial advisers to stress-test affordability under potential interest rate scenarios spanning multiple percentage points, ensuring financial resilience should lending rates rise during the loan tenure. This analysis proves critical for investment purchases where rising mortgage costs compress rental yield margins and reduce profit sustainability.

How does Leedon Green compare to other premium District 10 developments and newer launches in emerging precincts?

District 10 encompasses several developments competing for upmarket buyer attention, including both established condominiums like Leedon Green and recent launches in more peripheral locations. Leedon Green's maturity, MRT proximity, and established neighbourhood infrastructure distinguish it from newer launches in emerging precincts that often command lower per-square-foot pricing but lack transport convenience and the established amenity ecosystems that appeal to affluent buyers. Established developments in prime locations typically enjoy scarcity value as available land in central Singapore becomes increasingly constrained, supporting appreciation relative to speculative new launches in growth corridors. Newer developments often offer more contemporary architectural aesthetics and lower entry pricing, appealing to budget-conscious first-time buyers and investors seeking maximum yield at lower capital outlay. Prospective buyers should directly compare specific developments—examining transaction history, rental comps, amenity quality, maintenance standards, and developer track records—rather than relying on generalised comparisons between development cohorts.

Which unit stacks or floor levels within Leedon Green typically offer the best value?

Unit value within Leedon Green depends on specific variables including floor height, facing direction, corner positioning, and proximity to amenities, rather than uniform value across all addresses. Lower and mid-level units typically command lower entry pricing than penthouse or very high-floor units, occasionally offering superior value-to-space ratios if facing and orientation are favourable. Units on odd-numbered stacks or east-facing aspects may attract discounts relative to more coveted orientations, potentially benefiting price-conscious buyers accepting minor aesthetic compromises in exchange for meaningfully lower capital outlay. Corner units and units with balconies command premiums relative to standard layouts, as do units on high floors enjoying expansive views. The development's specific master plan, building design, and surrounding landscape character determine which units offer optimal light, privacy, and outlooks, requiring on-site inspection to assess value propositions. Prospective buyers should prioritise visiting the development, examining floor plans in detail, and inspecting units in multiple locations to identify configurations offering optimal value-to-price ratios aligned with personal preferences and investment criteria.

What future supply pipeline developments are likely to impact Leedon Green's District 10 market position?

District 10's future supply outlook reflects Singapore's broader constrained land availability and planning policies favouring intensified development around transport nodes and economic corridors. Whilst specific new launches in the Leedon precinct remain limited by land scarcity, developments across District 10—including areas near Orchard, Newton, and other nodes—will incrementally add supply to the broader district market. The Circle Line's continued expansion and evolving transport connectivity around emerging developments may redistribute buyer demand across District 10, potentially directing some purchaser interest toward newly-launched projects offering contemporary aesthetics at lower entry pricing. However, Leedon Green's established neighbourhood status, mature amenity ecosystem, and MRT-linked location typically insulate it from direct competition with greenfield launches in emerging precincts, as buyer preferences often diverge between those prioritising location permanence and those seeking newest architectural expressions. Long-term appreciation for Leedon Green should benefit from scarcity value accruing to existing stock in prime locations as new supply becomes increasingly unavailable, supporting demand-supply dynamics favouring resale value for patient, long-term holders.

What are the total costs and timeline involved in completing a purchase at Leedon Green?

Purchasing Leedon Green involves multiple cost components beyond the headline purchase price, each requiring careful financial planning. Stamp duty on the purchase price represents the initial outlay, calculated at progressive rates depending on purchase price and buyer status—second property purchasers incurring the additional 20 percent ABSD discussed previously. Legal fees for conveyancing typically range between S$1,500 and S$3,000, whilst loan-related costs include bank valuation fees, mortgage insurance (if loan-to-value ratios exceed 80 percent), and stamp duty on the mortgage document itself. Property tax assessments, although not immediate purchase costs, become payable upon acquisition and should be factored into post-completion cash flow planning. The purchase timeline typically spans 8-12 weeks from offer acceptance to completion, encompassing legal searches, bank valuation and approval, survey inspections, and final documentation. Buyers should engage qualified legal advisers and mortgage brokers early in the process to obtain accurate quotes and timeline guidance, preventing unexpected costs and delays at critical stages of the transaction.

Leedon Green — From S$12,800