LEEDON GREEN CONDOMINIUM

Freehold Singapore District 10 Homes
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The Leedon Green condominium is a new freehold residential development on the site of the former Tulip Garden. It is being launched for sale by a joint venture of two strong developers, MCL Land and Yanlord.

Tulip Garden was for over 30+ years a landmark at the corner of Holland Road and Farrer Road. It boasts a good-sized parcel of land in a prime residential area of Singapore in District 10, close to Holland Village and the Leedon / Belmont Good Class Bungalow (GCB) zone.

Leedon Green Condominium . Apartments View to Pool

Here we review the attributes of Leedon Green, as well as market rates of comparable products in the neighbourhood.

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The Leedon Green Condo · Key Facts Summary

• Design Concept: Timeless Luxury
• Elevated apartments hovering over lush greenery.
• Mid-size project with 638 residential units.
• Large land size; approximately 320,000 sq ft, almost 3 hectares.
• Two entrances: via Leedon Heights or via Holland Road.
• Mix of 1, 1 + study, 2, 2 + study, 3 and 4 bedroom units, and Garden Villas.
• 3 and 4 bedroom units with private lifts.
• Northern section of site within 1 KM of Nanyang Primary School.
• 8 to 9 minutes walk from Farrer Road MRT station.
• 10 minutes drive from Orchard Road.
• Top-of-the-line fittings and finishes: Antonio Lupi sanitary ware from Italy, Axor and Hansgrohe sanitary fittings from Germany, Ernestomeda kitchen set from Italy, VZUG kitchen appliances from Switzerland and Liebherr fridge from Germany.

Leedon Green Condo . Water Feature

New freehold land parcels of such a size along Holland Road, especially within walking distance from an MRT station, are not easily obtainable. The last one was Leedon Residence next door, that sold out a few years ago.

Leedon Green Site . Location at Corner of Farrer and Holland Road

Most of the other launches nearby are rather smaller projects. Hence Leedon Green is likely to draw interest from those who prefer a bigger development with more facilities and land.

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The Leedon Green Condo Design

The exterior forms and landscaping at Leedon Green takes its inspiration from terrace landforms in nature. It aims for a timeless style characterised by undulating terrain, cascading waterfalls, and lush greenery, blended with organic materials.

Leedon Green Condominium . Water Lounge

This creates a lovely secluded resort setting. Especially with its vistas of continuous landscaped terraces, water gardens, and interplay of sunlight among the trees and foliage.

Leedon Green Condominium Dining Pavilion

Set amidst these sanctuary-like grounds, are the seven residential blocks, housing a total of 638 apartments and garden villas. The size of the site allows for generous inter-residence spacing.

Leedon Green Condo . Landscaping View

The architecture of the apartment blocks is contemporary, meant to exude timeless elegance with the inclusion of robust natural materials.

Leedon Green Pool Deck

The Garden Villas are limited edition – only five of them. Each is designed with an emphasis on individual style and flair, and to integrate seamlessly between the indoors and the outdoors. With high ceilings, and an open plan concept that allows the interior spaces to flow into the lavishly landscaped gardens.

Leedon Green Condo Garden Villa

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Register to view the showflat online, or request for info here.

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The LeedonGreen Condo Neighbourhood

The Farrer / Holland Road area where Leedon Green is located, has traditionally been an upmarket private residential neighbourhood.

Down the lane from the site, Leedon Heights leads to one of Singapore’s most affluent landed estates, the houses and GCBs of Cornwall Gardens, Belmont Road, Ford Avenue, Leedon Park, and Bin Tong Park.

Leedon Green at Leedon Heights . A Leafy Enclave

Apart from Leedon Green’s proximity to Orchard Road, there are other noteworthy places close by too.

Among these are indisputably Holland Village and Dempsey Hill. Both are trendy lifestyle and dining hotspots, great for a night out with family and friends. Each has its distinctive character and atmosphere.

Holland Village, often affectionately shortened to “Holland V”, is about 10 to 11 minutes walk from the Leedon Green condo. This is a favourite that probably needs no introduction.

One Holland Village . Public Park

And with the upcoming One Holland Village mixed development, it is set to be even more vibrant and exciting. The new development will add not just retail and F&B space, but also offices, and public squares for events. It effectively almost doubles the heart of Holland Village, and will bring new life and buzz to the place.

Dempsey Hill is a 20 minute walk down Holland Road towards town, if you don’t mind some exercise. It offers a park-like setting, within which you can find F&B / lifestyle outlets housed in charming Colonial style buildings surrounded by greenery.

Cafe at Dempsey Hill

And across Holland Road from Dempsey Hill, we have the Singapore Botanic Gardens, that is also a UNESCO World Heritage Site. This offers a green respite within the city with lots of trees and gardens and lawns. Good for unwinding from the pressures of the day.

If you have young children and are eyeing Nanyang Primary school, take note that only the north-most section of the Leedon Green site is within 1 km radius of the school. So if you are choosing a unit here for that reason, do choose carefully.

Leedon Green Singapore . Context of Site

Leedon Green Review . An Investment Perspective

This is undoubtedly a good place to buy for staying in yourself. But how would it fare as an investment?

For the VIP Preview, after the Early Bird Discounts, pricing starts from $2,6xx PSF upwards. This is similar to pricing of nearby new freehold launches on smaller sites, such as Wilshire Residences and Juniper Hill.

Is there any upside potential for this Leedon condo at this pricing?

Leedon Green by MCL Land . Lap Pool

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Not that long ago, about 5 to 6 years back, Leedon Residences next door launched at about $2,000 to $2,300 PSF. At that time the 99 year leasehold D’Leedon opposite was selling at around $1,6xx to $1,7xx PSF.

Most buyers who viewed Leedon Residence did not make a purchase as they thought it was too pricey. But those who did, have probably not regretted it.

Today, $2,000 to $2,300 PSF is what freehold launches in Bartley are selling at. The ones in the East Coast’s Amber and Meyer Roads are going above that, at around $2,4xx to $2,6xx PSF.

As for 99 year leasehold launches now, places like Parc Colonial at Woodleigh, and Stirling Residences are selling very well at about $1,7xx to $1,9xx PSF.

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However, as we are often reminded, past performance is no indicator of future outcomes. So the question is whether we can expect to see the same trajectory in future? Maybe not.

But what is clear is that we are unlikely to go back to the pricing levels of those previous years. For one thing, the land cost of all the current and upcoming launches have already been locked in, and paid for.

Material and labour costs for construction are not going down either. Inflation alone should see some price increases in future at least.

With Leedon Green selling at a similar pricing to Wilshire Residences or Dunearn 386, then it could be worth considering, as its size and range of facilities give it a value advantage.

Leedon Green Condo Pool Garden

As a matter of interest, the 99-year leasehold Holland Village Residences that launched on 25 November 2019, sold close to 1/3 of its units in the first week of its Preview, at between $2,5xx to $3,2xx PSF. Those who bought within the first 3 days got a slightly better pricing.

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Query or Request, if Any

Kindly send us your contact details via the Form below if you would like us to email the Leedon Green floor plan brochure to you.

Below are the floor plans of the 4 showflat layouts, out of the 21 unit types in this project.

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Leedon Green Floor Plan . 1 Bedroom + Study Type AS1c

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Leedon Green Floor Plan . 2 Bedroom + Study Type BS1

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Leedon Green Floor Plans . 3 Bedroom Type C3

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Leedon Green Showflat Floor Plans . 4 Bedroom Type D1

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Leedon Green . MCL Land & Yanlord . Provision & Fittings . Click to Read

The Leedon Green condominium is being developed by Asia Radiant, a joint venture entity of MCL Land and Yanlord Land Group. Each is a strong developer in its own right.

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MCL Land Limited (“MCL Land” or the “Group”)

MCL Land is one of the most reputable local property groups. It has a long track record over the past 50 years, of building quality homes in Singapore and Malaysia.

This gives buyers the confidence to invest with peace of mind, knowing they will get a product that is not only well designed, but carries with it the assurance of quality.

Some of the developments it has successfully launched and completed are Parvis @ Holland Village near LeedonGreen, Lake Grande and J Gateway at Jurong, The Grange, Palms@Sixth Avenue, The Fernhill, Este Villa, Terrasse, Peak @ Balmeg, and Uber388.

More recent launches are Margaret Ville, and Parc Esta, that has been well-received as a value-for-money development with functional layouts and a good location.

Uber 388 by MCL Land . Developer for this Leedon Condo

For more on MCL Land, see https://www.mclland.com.sg

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Yanlord Land Group (“Yanlord” or the “Group”)

While Yanlord is not a familiar name in Singapore, it is actually a reputable and long-established real estate developer in China.

It focuses mainly on large-scale projects in prime areas, and in the luxury residential segment. These are typically apartment complexes and villas.

In 2001, Yanlord also expanded into the development of high-end integrated and commercial properties, covering serviced apartments, offices, and shopping malls.

The Group holds a sizeable land bank of over 8.2 million square metres in 14 major cities as at the 1st quarter of 2019. These include cities like Tianjin, Nanjing, Shanghai, Zhuhai, Shenzhen, Suzhou and Chengdu.

Amongst its many projects at these places are Yanlord on the Park, and Yanlord Eastern and Western Gardens in Shanghai, Yanlord River Bay and Yanlord International Apartments in Nanjing, Yanlord Lakeview Bay, Yanlord Peninsula, and Yanlord Tang Bei at the scenic Dushu Lake in Suzhou, and so on in the other cities as well.

Yanlord Tang Bei Project . By Developer for Leedon Green Singapore

Yanlord Tang Bei Project House . By Developer for Leedon Green Condominium

Yanlord Tang Bei Project Interior . By Developer for Leedon Green Condo

The acquisition of the Leedon Green condominium site is Yanlord’s first foray into Singapore’s prime freehold residential market. It is therefore undertaking this venture with MCL Land to tap their respective strengths.