Leedon Green by Asia Radiant At Farrer Road Near Holland Village

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In 2018, a collaboration between Chinese developer Yanlord Land Group and MCL Land (known collectively as Asia Radiant) bought Tulip Garden condo for $906.9million.

In its place, a brand new freehold condo Leedon Green will be built, and is scheduled for launch in 2020.

Boasting a premium residential location at District 10, Leedon Green has many favorable attributes that makes it an attractive option for both home stayers and investors.

Just a few minutes’ walk from Farrer Road MRT, residents can easily access other parts of Singapore via the Circle Line. For those who prefer to drive, major expressways PIE, BKE and AYE are around the corner.

Either way, Leedon Green located at the former site of Tulip Garden, benefits from a strategic location that provides the utmost convenience for residents.

For residents with schooling children, the plethora of top schools in the area can provide top quality education across all levels.

Some popular options near Leedon Green include Hwa Chong Institution, Hwa Chong Junior College, Nanyang Primary School Pei Hwa Presbyterian Primary School, Methodist Girls School, Yusof Ishak Secondary School, Bukit Timah Primary School, German European School Singapore and Singapore Institute Of Management (SIM).

As for shopping and entertainment, residents can choose between laid-back vibes at Holland Village and Dempsey Hill, or the more mainstream malls at the nearby Orchard Road.

Residents at Leedon Green can also enjoy nature at its finest at Singapore Botanic Gardens, a UNESCO World Heritage Site just a short 5 minute drive away.

So we’ve established that Leedon Green is a great place to live in. What about purchasing a unit for investment purposes?

Due to the developments in the District 10 area, it should further cement its position as Singapore’s most livable estate over the next few years.

This bodes well for investors, who are likely to enjoy good upside potential and strong rental demand mainly from expats.

Based on current/future trends, Leedon Green can be considered a safe investment with many avenues for investors to generate positive ROI.

DeveloperAsia Radiant (a collaboration between Chinese developer Yanlord Land Group and MCL Land)
Condo nameLeedon Green
District10 (Tanglin, Holland, Farrer)
TOP dateEst 2024/25
Total unitsTo be announced
TenureFreehold
Address7 Farrer Rd 268819
FacilitiesFull condo facilities e.g. swimming pool, bbq pits, gym, function room, children’s playground, jacuzzi pool etc.

Leedon Green location

Located at a prime area at District 10, Leedon Green is a residential haven that offers the full package of convenience, entertainment and amenities aplenty.

Farrer Road MRT is a short 7-10 minute walk away, with many bus routes servicing the area as well. Drivers will be glad to know that major expressways PIE, BKE and AYE are around the corner.

Be it through public or private transport, Leedon Green’s strategic location ensures that residents will get to enjoy convenient travel to all parts of Singapore.

Nearby amenities

Many top schools are located nearby Leedon Green, giving parents the opportunity to provide quality education for their children.

Some popular options near Leedon Green include Hwa Chong Institution, Hwa Chong Junior College, Nanyang Primary School Pei Hwa Presbyterian Primary School, Methodist Girls School, Yusof Ishak Secondary School, Bukit Timah Primary School, German European School Singapore and Singapore Institute Of Management (SIM).

Shopping and entertainment options are plentiful as well. Holland Village and Dempsey Hill are well-known as trendy hotspots, while the nearby Orchard Road offers a diverse range of retail therapy.

For nature lovers, the UNESCO World Heritage Site Singapore Botanic Gardens is a short drive away from Leedon Green.

Capital gains for condos in district 10

Capital gains for condos in District 10 are in a range of 10 to 60% over the last 5 years.

For example, Holland Residences, which completed in 2012, had 60% capital gain, saw historical prices of $1200 psf rise to $1930 psf.

Second is The Tessarina which completed in 2003, which had a capital gain of 45%, with psf prices rising from $1221 psf to $1774 psf.

Even at the low end for top 20 projects with capital gains in district 10, the gains at 9.7% for Four Seasons Park and 10.1% for One Balmoral.

Investors who have rented out their unit could potentially get double to triple of such gains.

Although prices of Leedon Green have not been released, potential buyers can expect something like this in store should they decide to sell the property donw the road.

The strong capital gains have been because of District 10’s reputation as a leading residential area in Singapore. This accolade can provide a formidable shield from negative market forces, such as the cooling measures introduced in 2018.

With ongoing developments that will enhance District 10’s living conditions, and with inflation set to increase prices in future, owners of a unit at Leedon Green can benefit from these positive trends and enjoy a good profit from capital gain alone.

District 10 rental yield and volume

2.8% to 3.8% rental yield in district 10

Rental yields for condos in District 10 are fairly healthy between 2.8% to 3.8%.

The median is 3.4-3.5%. This is considered above the Singapore average where yields are about 3.0% to 3.1%

Projets with the highes tyield include Jervois Regency at 3.8%, followed by RV edge at 3.6%, Hollandswood Court at 3.5% and Tanglin Regency at 3.2%.

At the lower end, Nassim Jade and Verdure registers 2.8% rental yield, followed by Loft @ Stevens, Illoura, Gallop Green, Quinterra, Loft @ Nathan, Stellar RV and RV suites at 2.9%.

Rental volumes of 338 for large projects such as D’Leedon

Rental volumes for projects in District 10 are fairly healthy at mid double digit levels.

Large developments such as D’Leedon tend to have more rental transactions, naturally as a result of the total number of units in the project.

A quick check at rental volume numbers for other District 10 properties prove that the area is a popular choice, mainly from expat tenants who want a more laid-back environment instead of the hustle and bustle of city living.

Due to the many amenities and entertainment spots close to Leedon Green, it can provide very desirable living conditions.

Potential rents

Rental rates for projects in district 10 range from $2 to $8 psf.

Asking rentals based on PropertyGuru listings for various bedroom type configurations are as follows

1 BR: $2000 to $3800 per month
2 BR: $3000 to $8,000 per month
3 BR: $5,000 to $15,000 per month (up to $26,000 per month)
4 BR: $8,000 to $20,000 per month

I am buying for (required, select all that apply)
Own stayInvestmentOthers

My age is (required)
20-3031-3536-4041-4545-50Above 50

My combined monthly household income is (required)
S$2-3kS$3-4kS$4-5kS$5-6kS$6-7kS$7-8kS$8-9kS$9-10kS$10-11kS$11-12kS$12-13kS$13-14kS$14k-$15kS$15k-$20kmore than S$20k

Have you met your minimum occupation period (MOP) or when is it? (required)
Yes, past my HDB MOP20192020202120222023My MOP is after 2023N.A.

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