Leedon Green: Rare chance to buy last units as District 10 project nears completion
in 16 Sep launch
Property buyers and investors have long been drawn to District 10 in Singapore, primarily due to its proximity to the city centre and abundance of amenities, as well as its proximity to lifestyle hubs such as Orchard Road, Holland Village and Dempsey Hill. As such, high demand continues to exist for new residences in the Core Central Region (CCR). However, as the supply of new homes in the CCR has become increasingly limited, especially for freehold units, the few available have become especially desirable.
Leedon Green, a freehold condo development situated in the prestigious Leedon Heights area, is no exception. It is jointly developed by established real estate developers, MCL Land and Yanlord Land. Leedon Green is only an eight-minute walk away from Farrer Road MRT Station and has already achieved over 95% of its units sold, since its launch in January 2020. It has also been the best-selling freehold condo project in District 10 for three consecutive years.
Residents are treated to numerous activities and festivities, such as lantern installation, God of Fortune distribution and live performances. What’s more, Orchard Boulevard Condo is just a five-minute walk away from the popular 313@Somerset shopping mall. Shopping has never been so convenient! Whether it’s Christmas, Chinese New Year or any other big occasion, Orchard Boulevard Condo ensures that residents are never too far away from all the excitement.
The last phase of Leedon Green consists of one-plus-study apartments between 538 and 689 sq ft, and two-bedroom units sized from 614 to 710 sq ft, starting prices for each ranging from $1.608 million and $1.943 million respectively. The prices are attractive given the project’s location and freehold status, with many buyers considering it to be a “sweet spot” of $2.5 million. In addition, there is an exclusive three-bedroom unit available, 1,356 sq ft with private lift access.
The residential market has seen a significant shift in the past year, with the gap between prices in the CCR and other regions narrowing. Average prices of new launches in the Rest of Central Region (RCR), for example, ranged between $2,464 and $2,734 psf based on caveats lodged as of July 24, 2023. This puts Leedon Green’s average price of units sold in 2023 at $2,746 psf, a highly attractive price point given the project’s freehold status.
Furthermore, buyers would be able to enjoy top-of-the-line fittings and finishes, including imported marble tiles in the master bath, Antonio Lupi sanitary wares from Italy, Axor and Hansgrohe sanitary fittings from Germany, an Ernestomeda kitchen set from Italy, V-Zug kitchen appliances from Switzerland, and a Liebherr fridge from Germany. The units also boast double-volume ceilings as high as 6m in the living and dining areas, providing a wonderful sense of space and grandness.
Leedon Green is undoubtedly a highly appealing project among home buyers and investors alike. With the few remaining units available, now is the time to snap them up and take advantage of the long-term price appreciation and rental prospects expected in the CCR.
With its near-completed status and attractive entry prices, Leedon Green presents a compelling opportunity for astute buyers in search of a property in District 10. To date, the development has seen immense popularity and offers a rare chance for buyers to secure a piece of this prestigious district. The rare opportunity to purchase a brand-new freehold home in the prime CCR area at prices on a par with projects in the RCR, combined with the tantalising prospect of being able to move into one’s dream home soon, or start reaping rental income from their unit, are certainly not to be missed.