Type

Units

Min Area

Price Range

3 BR

1744 sqft

From S$3.2XM

Property Highlights

Sophisticated 3-bedroom, 3-bathroom residence spanning 1,744 sqft at The Interlace, priced at S$3,199,998
Prime location at 180 Depot Road with exceptional connectivity and urban accessibility
Thoughtfully proportioned layout ideal for families, professionals, and discerning investors seeking quality finishes
Substantial living space offering flexibility for home office, entertaining, and modern living arrangements
Competitive pricing in a well-established residential enclave with strong capital appreciation potential

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Ref: 60058137

The Interlace: A Premier Three-Bedroom Residence at 180 Depot Road

Located at 180 Depot Road, The Interlace stands as a refined residential destination for buyers seeking sophistication and practical living space in one of Singapore's established neighbourhoods. This three-bedroom, three-bathroom property spans 1,744 square feet, offering substantial accommodation that caters to families, working professionals, and astute investors alike. The asking price of S$3,199,998 positions this offering competitively within the district's current market landscape.

Exceptional Space and Thoughtful Design

The property's generous floor area provides ample room for a variety of lifestyle needs. With three distinct bedrooms and three full bathrooms, the residence accommodates multi-generational families comfortably whilst maintaining privacy across sleeping areas. The expansive layout allows for dedicated zones—a generously proportioned living and dining area, a functional kitchen setup, and additional spaces suitable for a home office or study, which has become increasingly valuable in today's hybrid work environment.

Each bathroom serves a distinct purpose within the home, reducing morning congestion and enhancing convenience for households with multiple occupants. The principal bedroom suite likely features ensuite facilities, whilst secondary bathrooms serve guest and family sleeping quarters independently.

Strategic Location at Depot Road

Depot Road has evolved into a well-regarded residential corridor, balancing accessibility with a quieter, more established neighbourhood character compared to Singapore's highest-density zones. The address places residents within reach of major commercial hubs, international schools, and essential amenities including supermarkets, dining venues, and healthcare facilities. The tree-lined neighbourhood offers respite whilst remaining firmly within Singapore's efficient urban transport matrix.

Proximity to major roads and arterial routes means commuters enjoy reasonable travel times to the central business district and other employment nodes. For those with vehicles, parking integration is typically seamless within modern condominium developments of this calibre.

Investment Merit and Market Position

The Interlace has established itself within the residential investment community as a stable holding for long-term appreciation and rental income generation. Three-bedroom units in well-maintained developments typically command premium rental rates given strong tenant demand from expatriate families and professional households. The S$3.2 million price point attracts a broad investor demographic, from those upgrading from two-bedroom configurations to seasoned property portfolio holders diversifying into residential real estate.

Capital preservation and modest appreciation remain reasonable expectations in this segment, particularly given the property's desirable bedroom configuration and total built-up area. Maintenance standards across The Interlace's facilities typically reflect owner commitment, translating into stable long-term valuations.

Residential Quality and Practical Considerations

The development's reputation rests on consistent execution of building standards, prudent financial management by the management corporation, and maintenance of common facilities. Residents typically benefit from secure gating, 24-hour security presence, landscape maintenance, and recreational amenities that enhance daily living quality without requiring direct individual upkeep.

The property's size relative to its valuation suggests healthy per-square-foot metrics compared to comparable offerings within the greater district. Buyers considering this residence should factor in annual property tax assessments, maintenance contributions, and sinking fund allocations—all standard considerations for condominium ownership in Singapore.

Suitability Across Buyer Profiles

First-time buyers seeking substantial living space will find this property's three-bedroom configuration particularly attractive, as it provides room to grow without requiring an immediate upgrade path. Existing homeowners stepping up from smaller units discover that the floor area and room count align naturally with expanding family needs or desire for enhanced entertaining capability. Investors recognise the bedroom count as a fundamental driver of rental appeal, attracting quality tenants and supporting consistent yield outcomes.

Market Context and Neighbourhood Evolution

Depot Road's positioning within Singapore's broader residential geography reflects steady, sustainable demand rather than speculative volatility. The corridor continues attracting residents who value established amenities, reliable transport links, and proven community infrastructure over emerging fringe locations. This stability provides reassurance to owners seeking long-term value retention.

The neighbourhood's proximity to various commercial corridors, coupled with ongoing refinement of local retail and dining establishments, sustains appeal across different buyer demographics. Whether purchased as a primary residence or investment asset, this property benefits from locationally sound fundamentals.

Making Your Decision

At S$3,199,998, this three-bedroom offering at The Interlace represents a substantial residential acquisition requiring careful financial planning and consideration of personal or investment objectives. Prospective purchasers should conduct thorough due diligence including property inspections, management documentation reviews, and financial modelling of rental yields or personal budget impacts. Engaging qualified legal counsel to review purchase conditions, existing restrictive covenants, and title documentation remains essential practice.

The property's appeal lies fundamentally in its generous proportions, established location, and practical suitability for multiple buyer categories—qualities that should form the foundation of any acquisition decision at this price level.

Frequently Asked Questions

What rental yield can I expect if I purchase this property as an investment?

At S$3,199,998, a three-bedroom unit at The Interlace typically generates gross rental yields in the region of 2.5% to 3.2% annually, depending on market conditions and seasonal demand fluctuations. Strong tenant demand for three-bedroom units from expatriate families and professional households means consistent occupancy rates and rental growth aligned with inflation. To calculate realistic yields, prospective investors should obtain comparable rental transaction data from the past 6-12 months for similar three-bedroom units in the same development or immediate vicinity, then factor in maintenance contributions (typically S$300-500 monthly), property tax, and potential vacancy periods of 1-2 months annually. Engaging a professional property manager familiar with the Depot Road corridor is advisable, as their local expertise directly impacts rental maximisation and tenant quality screening.

How does the S$3.2M price compare to recent per-square-foot transactions in this area?

At S$3,199,998 for 1,744 square feet, this property trades at approximately S$1,835 per square foot—a valuation that sits within the established range for three-bedroom units in well-maintained developments along the Depot Road corridor. Recent comparable transactions for three-bedroom properties in nearby developments have ranged between S$1,750 and S$1,950 per square foot, depending on specific floor level, unit orientation, and development-specific amenities. To validate this pricing, prospective buyers should request recent transaction history from the Urban Redevelopment Authority's property transaction records and cross-reference with published market reports covering the surrounding district. The price point reflects reasonable market equilibrium rather than aggressive premium positioning, suggesting fair value for serious purchasers willing to commit capital to this established neighbourhood.

What additional buyer's stamp duty applies if this is my second property purchase?

As a second residential property purchase, you will be liable for Additional Buyer's Stamp Duty (ABSD) at 5% of the purchase price or S$159,999.90 on this transaction. Additional ABSD of 10% applies if the property is held in a company's name rather than personal ownership, bringing total stamp duty obligations to significantly higher levels that require separate financial modelling. The timing of your purchase matters considerably—if you owned a previous residential property within the preceding 36 months and have since disposed of it, you may qualify for remission of ABSD under specific conditions outlined by the Inland Revenue Authority. It is essential to engage a qualified tax advisor or property lawyer to model the exact ABSD implications specific to your ownership circumstances and disposal history, as these calculations directly impact your total acquisition cost and financing requirements.

Are there lease decay risks, and how might this affect long-term resale value?

The question of lease length is fundamental to your valuation modelling and resale prospects. If this property is held on leasehold tenure (common for Singapore condominiums), you must establish the remaining lease period—properties with less than 80 years remaining begin to experience valuation compression as buyer pools contract and financing becomes constrained. Most institutional lenders impose strict loan-to-value reductions for properties with fewer than 70-75 years remaining, directly limiting buyer accessibility and restricting your eventual exit options. Freehold properties avoid this depreciation entirely and command stronger capital appreciation trajectories. Request complete title documentation and lease expiry dates immediately, then engage a property lawyer to calculate projected lease decay valuations across multiple future time horizons. Some properties benefit from collective en bloc redevelopment opportunities in their later lease stages, but these remain speculative and should not form the basis of your acquisition decision.

How important is proximity to the nearest MRT station for demand and capital appreciation?

Access to mass rapid transit fundamentally influences both rental demand and long-term capital appreciation potential for any condominium investment in Singapore. Properties situated within 400-500 metres of an MRT station typically command rental premiums of 8-15% compared to otherwise equivalent units further away, as tenants—particularly expatriates and professionals without vehicles—prioritise transit accessibility. Capital appreciation in transit-proximate locations typically outpaces non-MRT-adjacent properties by 1-2% annually over longer holding periods, reflecting structural demand advantages and commute time value. You should establish the specific MRT station closest to 180 Depot Road, confirm walking distance and actual travel times to major employment nodes, and review published URA data on transit-oriented development patterns in this district. Future MRT expansion announcements or line extensions can dramatically alter a neighbourhood's appeal and valuations, so researching Land Transport Authority planning documents provides critical context for your long-term appreciation expectations.

Is this property suitable for high-net-worth individuals, upgraders, first-time buyers, or investors?

This three-bedroom property appeals across all four buyer categories, albeit for distinctly different reasons. High-net-worth individuals may view it as a secondary residence offering excellent space efficiency without excessive price escalation, suitable for entertaining or accommodating visiting family members, and potentially positioned for portfolio diversification into residential real estate. Upgraders transitioning from two-bedroom units find the additional bedroom and bathroom accommodate expanding families, home offices, and guest accommodations without the price shock of four-bedroom acquisition. First-time buyers at this S$3.2 million threshold typically possess strong financial credentials and view three-bedroom properties as future-proof, avoiding the need to upgrade within 5-7 years, thus justifying the substantial capital commitment. Investors recognise three-bedroom units as the optimal yield-generating configuration—renting better than two-bedroom but commanding lower per-unit acquisition costs than four-bedroom alternatives. Your personal suitability depends entirely on your financial position, intended holding period, and whether you prioritise owner-occupancy or income generation.

What financing headroom and TDSR implications exist at this S$3.2M price point?

At S$3,199,998, Total Debt Servicing Ratio (TDSR) limits cap your maximum loan quantum at approximately 60% of your gross monthly income, assuming you carry no other existing debt and qualify as a first-time property buyer. Most institutional lenders will approve loan-to-value ratios of 75-80% for properties at this price, translating to financing availability of S$2,399,999 to S$2,559,999, requiring cash equity of S$640,000 to S$800,000 at acquisition. Your actual TDSR capacity depends critically on your declared gross monthly income—a household earning S$25,000 monthly can typically support this property comfortably, whilst those with S$15,000 monthly income face constraints requiring either larger down payments or income documentation supporting higher borrowing thresholds. Engagement with a mortgage broker familiar with institutional lending criteria across multiple banks is essential, as different lenders apply varying assessment methodologies and may offer rate incentives based on your employment sector and income stability profile. Property prices at this level typically require financial planning extending 15-25 years, making professional mortgage advisory non-negotiable.

How does this property compare to competing three-bedroom developments nearby?

The Depot Road corridor contains several comparable developments offering three-bedroom configurations, and direct competitive analysis is essential for validating your purchase decision. Competing properties may offer varying amenity packages—some developments emphasise landscaping and recreational facilities, whilst others prioritise security or concierge services—affecting perceived value despite similar pricing. You should obtain comparable transaction data for three-bedroom units completed within the past 12 months across at least three competing developments within 1-2 kilometre radius, noting specific price per square foot, year of development completion, and resident reviews regarding maintenance standards and management responsiveness. Some competing developments may offer superior location proximity to MRT stations, shopping malls, or educational institutions, justifying price premiums, whilst others may represent better value through less prominent positioning. The Interlace's competitive strength typically derives from established management reputation, stable resident demographics, and consistent maintenance standards rather than cutting-edge amenities, making it particularly suitable for investors and upgraders prioritising stability over novelty.

Which unit stack or floor level within The Interlace offers optimal value?

Within condominium developments, unit positioning dramatically influences valuation, rental appeal, and subjective living experience, yet represents one of the few variables where informed buyers can capture value arbitrage. Lower-floor units (levels 2-5) typically command 5-8% discounts compared to mid-rise equivalents (levels 10-20) despite identical specifications, primarily due to perceived privacy and noise concerns, yet they offer superior accessibility, faster lift wait times, and lower electricity costs for air-conditioning—factors particularly valuable for elderly residents or those with mobility constraints. Mid-stack units (levels 10-18) generally command premium valuations, offering visual appeal without excessive wind exposure or heat gain, and represent the most efficient rental value point as tenants willingly accept modest premiums for these perceived advantages. Higher floors (levels 20+) appeal strongly to owner-occupiers and command the highest per-square-foot pricing but may experience slower rental absorption and prove less attractive to families with young children concerned about lift dependency and perceived safety. Corner units and those with dual-aspect natural light typically command 3-5% premiums regardless of floor level. You should physically inspect units across different stacks and levels before committing, assessing natural ventilation, noise profiles, and personal preference—these qualitative factors often prove more influential than spreadsheet analysis.

What future supply pipeline exists in this district, and how might it affect long-term values?

Future residential supply announcements in the Depot Road corridor and adjacent districts directly influence your capital appreciation expectations, making proactive monitoring of Urban Redevelopment Authority planning documents and government land release calendars essential. If significant new residential developments are planned within 1-2 kilometres—particularly larger-scale projects offering superior amenities or more advantageous pricing—they may compress valuations for existing developments like The Interlace by introducing direct competition and attracting tenant or buyer volume away from established properties. Conversely, if the district is designated for non-residential intensification or has limited remaining developable land, supply constraints may support stronger price appreciation as demand encounters fixed inventory. Recent Urban Redevelopment Authority master plans for the precinct should be obtained and analysed for any proposed new residential, mixed-use, or transit-oriented development projects that might alter neighbourhood character or supply dynamics. Additionally, government housing policy announcements regarding Housing Development Board new town development or private residential area planning can indirectly influence property values through broader demographic and supply-demand shifts. Professional investment advisors typically subscribe to specialist property development pipeline databases providing forward visibility on competing projects, making this intelligence accessible for more sophisticated purchase decisions.

The Interlace 3BR Condo, 180 Depot Road – S$3.2M