get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Browse New Launch Condos

Find new units for sale

Browse Resale Listings

Connect with sellers through our app

RESOURCES

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

Affordability Calculator

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Post a Listing for Free

Connect with buyers through our app

RESOURCES

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell my HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

HOME E-VALUATION

For tenants

Rent with an Agent

Dedicated experts at your service

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to selling condo/landed

For landlords

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

RESOURCES

How to Lease an HDB

A step-by-step guide to renting HDB

How to Lease a Private Property

A step-by-step guide to selling condo/landed

Do it yourself

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

DIY 100% Free, No hidden or success fee

Looking for your dream home in Singapore?
Share on facebook
Share on twitter
Share on email
Share on whatsapp

Leedon Residence: Spacious Green Homes with Ample Amount of Privacy

Ohmyhome

Ohmyhome

Share on facebook
Share on email
Share on whatsapp

Developed by GuocoLand Limited, this four-year-old freehold condominium in District 10, is close to a Good Class Bungalow estate, where investment potential is high. Leedon Residence has been awarded the Green Mark (Gold) by the Building & Construction Authority (BCA) for being an ecologically responsible and friendly development. This can have a positive effect on leasing as well as on the resale value of the property.

4 Reasons to Choose Leedon Residence for Your Next Property Investment:

1. Rental Price Increase

Singapore’s overall rents for condos in the Core Central Region (CCR) increased by 4% and the country’s rental prices increased on a year-on-year basis as of Q3 2019.

The monthly rental of a 3-bedroom apartment in Leedon Residence can go up to $10, 800 while the nearby condominiums, D’leedon is $8,300 and The Cornwall is $7,100 for the same number of rooms. This is definitely good news for landlords and sellers, considering its strategic location and the number of upcoming developments within proximity such as the Holland Village Extension and Greater Southern Waterfront.

2. Higher Tenant Demand

In 2019, there are 2% more foreigners which contributed to the private property rental market.

The Holland Village Extension which was awarded to Far East Organization for its development is expected to be completed in the second quarter of 2025. Besides the new apartments, you can expect “a 10-storey serviced apartment tower and five levels of office space above the retail/F&B space” and “dual office/residential units as a component of the office space” according to Far East Organization executive director of property services Augustine Tan in an interview with The Business Times.

3. Increase in Property Prices

What factors may contribute to these competitive rental and sales rates in and near Leedon Residence?

Transportation and Accessibility

Walking to Farrer Road MRT Station from Leedon Residence takes about five minutes. Holland Village MRT Station is one stop away, where you can find many food options, while Botanic Gardens MRT Station, also one stop away but in the other direction, gives you access to the Downtown Line. You can reach the Central Business District in less than half an hour.

For those who are usually on the road, the closest expressways are PIE and AYE. Orchard Road and Tanjong Pagar are less than 15 minutes away via personal transport.

Future Developments within District 04

Leedon Residence is pretty close to District 04 which is about a 15-minute drive away. New developments such as the Greater Southern Waterfront and the expansion of two Integrated Resorts – Resorts World Sentosa and Marina Bay Sand, will produce more commercial and entertainment developments, resulting in more job opportunities and thus, a high demand in housing.

Aside from that, there’s also the 24km Rail Corridor which is scheduled for completion in 2021 is highly accessible and connected to heritage, recreational and business areas.

Healthcare

Gleneagles Hospital (five minutes), Concord International Hospital (nine minutes) and KK Women’s and Children’s Hospital (13 minutes) are the closest healthcare institutions, which you can reach within minutes by a vehicle.

Education

Leedon Residence is great for both local and foreign families with children as there are plenty of schools that are within reasonable driving distance (10-minute drive). They are preschools, primary and secondary schools such as St. James’ Church Kindergarten, Maris Stella Kindergarten, Nanyang Primary School, Raffles Girls’ Primary School, ACS (International) Singapore, Hwa Chong Institution and St Margaret’s Secondary School.

Tertiary institutions (National Junior College) and International schools (Melbourne Specialist International School and Tanglin Trust School) are also in the area.

4. Perks for Own Stay

Crafted by internationally acclaimed architect Chan Soo Khian of SCDA, Leedon Residence sits on five hectares of lush greenery which comprises of a 200m nature trail for early morning strolls, 50m lap pool for your daily laps, tennis court for a friendly match with a buddy, pool cabanas which are perfect for lounging in the sun, intimate courtyard gardens to smell the roses, dining lounge to accommodate larger dinner parties and many other amenities your family will love.

Need to shop for your basic necessities? Take a short drive to various malls like Raffles Holland V Mall, Holland Road Shopping Centre, Holland Piazza, Coronation Plaza, The Star Vista and Rochester Mall. For shopping at designer boutiques, you can easily head down to the Orchard Shopping Belt (15-minute drive).

There are plenty of food options to choose from too. Holland Village (six-minute drive), Dempsey Hill (seven-minute drive) and Robertson Quay (15-minute drive) are ideal for cosy dinner dates, while Empress Market and Food Centre (four-minute walk) and the famous Adam Food Centre (three-minute drive), are good for some local hawker fare.

Planning unforgettable activities with your family? You can head to the Botanic Gardens (five-minute drive) and have a picnic there, or play bowling and have a futsal match with at SAFRA Mount Faber, which is roughly a six-minute drive away. There are a few dining options there too. Golfers would be pleased to know that Tanglin Club is a 14-minute drive away.

Leedon Residence’s units are pretty spacious and they range from two to five-bedroom units and penthouse units, making it an ideal choice for any type of individual or family, especially bigger families that require more room. Located conveniently near Farrer Road MRT and major expressways, you can get to any place in Singapore via public or personal transport quite easily.

Has Leedon Residence piqued your interest?


Best Mortgage Rate Across All Banks for Leedon Residence

Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.95%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.

Buyer’s Stamp Duty for Leedon Residence

Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.

If you opt to buy a three-bedroom unit at Leedon Residence to comfortably fit your growing family or planning to rent it out to families in the future and the price is at $4,990,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $184,200.

Market Value of the Property BSD Rate Calculation
On the first $180k 1% $1,800
On the second $180k 2% $3,600
Next $640,000 3% $19,200
Remaining $3,990,000 4% $159,600
BSD Payable $184,200

Source: IRAS

Looking at another unit size? Use Ohmyhome’s In-app BSD calculator for faster calculation! Download Ohmyhome from the Play Store or App Store now!

Additional Buyer’s Stamp Duty for Leedon Residence

Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).

Who is liable to pay ABSD:
1.Singapore Citizen (SC) buying second, third and subsequent residential property

  1. Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
  2. Foreigners or entities buying any residential property

ABSD for Singapore Citizens when Buying Leedon Residence

Here’s the ABSD amount you are required to pay if you are an SC:

Property Ownership ABSD Rate ABSD Amount from Price $4,990,000
If Leedon Residence is your second residential property 12% $598,800
If Leedon Residence is your third or subsequent residential property 15% $748,500

ABSD for Singapore Permanent Resident when Buying Leedon Residence

Here’s the ABSD amount you are required to pay if you are an SPR:

Property Ownership ABSD Rate ABSD Amount from Price $4,990,000
If Leedon Residence is your first property 5% $249,500
If Leedon Residence is your second or subsequent residential property 15% $748,500

ABSD for Foreigners when Buying Leedon Residence

Here’s the ABSD amount you are required to pay if you are a foreigner:

Property Ownership ABSD Rate ABSD Amount from Price $4,990,000
Foreigners buying any property 20% $998,000

Agent Service for Home Buyers at $0 Agent Fee

Our real estate consultants will provide you insights about this new launch project and assist you with everything you need to know from Buyer’s Stamp Duty, Additional Buyer’s Stamp Duty, exercising the OTP to sealing the deal.

You can buy your new home with Ohmyhome’s VIP agent service at $0 agent fees!

Call 6886 9009 now!

Subscribe Now

Get a notification every time we upload a new blog post.

DIY 100% Free, No hidden or success fee

Looking for your dream home in Singapore?

Featured Blogs

Your one-stop guide for must-know HDB tips

get an agent

Buy with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

Do it yourself

Browse New Launch Condos

Find new units for sale

Browse Resale Properties

Download the app and speak directly to sellers

RESOURCES

Affordability Calculator

Calculate required tax for selling

Calculate Buyer’s Stamp Duty

Find the amount payable when buying

How to Buy an HDB

A step-by-step guide to buying HDB

How to Buy a Private Property

A step-by-step guide to buying condo/landed

bUY OVERSEAS

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Free Home E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

get an agent

Rent with an Agent

Dedicated experts at your service

do it yourself

Browse Rental Listings

Download the app and connect with landlords

RESOURCES

How to Rent an HDB

A step-by-step guide to renting HDB

How to Rent a Private Property

A step-by-step guide to renting condo/landed

get an agent

Lease with an Agent

Dedicated experts at your service

Lease Documentation

Leave the paperwork to us

do it yourself

Post a Listing for Free

Download the app and connect with tenants

RESOURCES

How to Lease my HDB

A step-by-step guide to renting out an HDB

How to Lease my Private Property

A step-by-step guide to renting out condo/landed

FEATURED ARTICLES

Condo Renting 101: Where to Look, Sizes and Cost

Looking for a condominium to rent ...

Ohmyhome Raises US$5M in Series A+ Funding

Ohmyhome, the leading Property 
One-Stop Shop Platform

ARTICLE CATEGORIES

HDB

All things about public housing

Private Property

All things about private property

Home Improvement

Guides for must-know reno tips

Financing

All about mortgage solutions

Towns

Singapore townships in focus

Client Stories

Success stories from customers

Founders’ Message

From the desks of Rhonda & Race Wong

Social media

Other