As a follow-up to our exploration of leasehold new launches in 2024, we now take a look at freehold gems. The term ‘freehold’ often conjures thoughts of ‘generational legacy building,’ and rightfully so. For some discerning property buyers, the allure lies in the chance to pass on these properties to future generations, laying the foundation for a legacy and wealth-building journey.
Before delving into the specifics of each property, let’s revisit an overview of the upcoming launches in 2024. Additionally, we’ll provide a map highlighting the locations of these upcoming freehold gems. Each of the featured freehold properties in this article will be redeveloped following successful en-bloc sales of its predecessor.
The Hillshore
Sitting on the site of its predecessor, Gloria Mansion, The Hillshore promises exclusivity with only 59 units. Enjoying tranquillity yet seamless connectivity, future residents have Haw Par Villa MRT station on the Circle Line (CCL) just a quick stroll away. Positioned for family convenience, the residence offers swift access to nearby malls such as Viva Vista, Alexandra Central, Queensway, and Anchorpoint. Drivers will also have quick access to Ayer Rajah Expressway (AYE), and West Coast Highway for easy travel to business hubs.
Its appeal extends to families with school-going children, thanks to proximity to reputable institutions like NUS, Anglo Chinese Junior College, and Blangah Rise Primary School, along with nearby international schools.
Estimated to be priced modestly at $2,242 PSF, The Hillshore presents a promising opportunity for growth, notably as part of the Greater Southern Waterfront transformation, hinting at sustained demand in the area for years to come.
Dunearn Road
In the esteemed Bukit Timah of District 21, a new development along Dunearn Road will stand adjacent to Link@896 which features a mix of commercial spaces and offices. Judging from its site area, the project is expected to have more modest dimensions, promising an intimate sense of privacy and exclusivity with fewer units.
Strategically located, it’s a brief walk to King Albert Park MRT Station on the Downtown Line (DTL), surrounded by various dining options and in proximity to shopping centres like Bukit Timah Plaza and Beauty World Centre.
Priced at an estimated $2,398 PSF, this freehold property offers a reasonably modest entry into the Bukit Timah neighbourhood, ensuring close access to amenities and an MRT station. Expected to meet pent-up demand, the development holds a good prospect of long-term value.
Gilstead Road
Estimated to be priced at $2,323 PSF, this site holds an attractive proposition, appealing to both investors and owner-occupiers due to its sought-after location. This low-rise development will add on to the neighbourhood’s charm for private residences, including the nearby low-rise condominium, Newton Mansions.
This project, with an estimate of only 56 units, caters to those valuing privacy amidst urban convenience. Nestled in District 11’s prime area, it seamlessly combines proximity to retail and dining, offering the best of both worlds.
Strategically located between Newton and Novena MRT Stations, it boasts easy access to the CBD and Orchard shopping belt. Proximity to malls such as Novena United Square, United Square, and Goldhill Plaza enhances its convenience. Renowned schools like Singapore Chinese Girls’, Anglo-Chinese Schools, and CHIJ Toa Payoh Primary are also a short drive away, enhancing its family appeal.
21 Anderson
Another gem that is set to be developed by Kheng Leong, this upcoming project is set to captivate in a neighbourhood blessed with private residences and unparalleled convenience. It is expected to be priced competitively, aligning with its tenure and coveted location.
Surrounded by condominiums like the prestigious Nouvel 18, Chelsea Gardens, The Orange Grove, and Ardmore Residence, the development is estimated to feature a modest 34 units. This could suggest exclusivity and privacy a low-rise development would offer.
Positioned in prime District 10, residents can stroll to Orchard Road and access Newton, Orchard, and Somerset MRT Stations by foot. With Newton being the interchange for both the North South Line (NSL) and Downtown Line (DTL), and Orchard being the interchange for both the North South Line (NSL) and Thomson-East Coast Line (TEL), the area enjoys excellent connectivity to the rest of the city. Families would benefit from proximity to Raffles Girls’ School, with Anglo-Chinese Primary School and Singapore Chinese Girls’ School just minutes’ drive away, making it an enticing prospect for investors and owner-occupiers alike, with the potential for capital appreciation and strong appeal to tenants.
Bukit Timah and Duke’s Road
On a site zoned for residential and commercial use, this mixed-use project is expected to accommodate 40 units, making it ideal for smaller households seeking an abode in a coveted neighbourhood within District 10 with abundant amenities.
Priced attractively at $2,144 PSF, it stands minutes’ walk away from Tan Kah Kee and Botanic Gardens MRT Stations on the Downtown Line (DTL), surrounded by diverse dining options including Coronation Shopping Plaza. The project’s highlight lies in its strategic location, emphasising convenience, with Botanic Gardens just a leisurely stroll away—ideal for those desiring a well-rounded lifestyle.
Given its location, this project caters to those seeking a desirable residence amidst amenities that provide a well-rounded lifestyle situated in a prime area.
Families would also benefit from proximity to esteemed schools like Nanyang Primary, St Margaret’s Secondary, and Hwa Chong International.
The Arcady @ Boon Keng
One of the most highly anticipated projects of 2024, the location of The Arcady @ Boon Keng speaks volumes, rendering it perfect for families and young professionals. Located in the heart of the bustle within District 12, eateries and conveniences are all just around the corner. Boon Keng MRT Station on the North East Line (NEL) is also a mere 7-minute walk away where residents could easily access a myriad of malls in a few short stops, or connect to the rest of Singapore via Serangoon and Dhoby Ghaut interchange.
The estimated price of The Arcady @ Boon Keng is $2,695 PSF, which is a palatable price point given its locale. This convenient location of this project gives it the prestige of potentially being attractive to both investors and owner-occupier families.
For school-going children, this project has no shortage of nearby schools with Bendemeer Primary and Secondary, and Hong Wen School in the vicinity. It is also a short drive away from Invictus and Lotus Bridge international schools, possibly attracting expatriate tenants.
Former Mount Emily Road
This new redevelopment in District 9 will stand as an epitome of urban living. Estimated to house only 16 units, this boutique development will be ideal for both investors and owner-occupiers, particularly young professionals or smaller households.
Amidst the conveniences and eateries within walking distance, it is also a short stroll away from Rochor and Little India MRT Stations – on the Downtown and North East Line respectively. Connectivity to the rest of Singapore will be a breeze as Little India MRT Station serves as an interchange to the Downtown line, making it possible to reach CBD and Orchard shopping belt within half an hour.
It is estimated to be attractively priced at $2,242 PSF, enticing prospective buyers with its prime location.
Newport Residences
Newport Residences emerges as a truly unique gem, being the first mixed-use development in Singapore that will feature private residences, commercial spaces, and serviced apartments. Positioned as one of the rare freehold projects in Tanjong Pagar near the CBD, its appeal stands out for obvious reasons. To put the cherry on top, Newport Residences promises a rare combination of urban and ocean vistas, granting residents panoramic views of Singapore’s iconic skyline.
Future residents will be surrounded by a plethora of eateries, amenities, and malls. Retail spaces on the ground floor and nearby malls like 100AM, Icon Village, and Amara will cater to diverse needs. Tanjong Pagar MRT Station on the East West Line (EWL) is also just a short 7-minute stroll away.
The launch price will likely reflect its desirability – influenced by the CBD Incentive Plan and being part of the Greater Southern Waterfront transformation, there is a potential increase in demand for housing in the area, which will contribute to its potential capital appreciation and tenant pool. For families, nearby schools include Cantonment Primary, Radin Mas Primary, and Outram Park Secondary, while CHIJ (Kellock) and SMU are a short drive away.
Find out more about Newport Residences in our in-depth review here.
Former Jansen Mansions
This project comes with a 999-year lease dating back to 1876, effectively rendering it a freehold project; this development offers exclusivity, housing a mere 19 units. While not immediately adjacent to eateries and malls, it compensates with privacy and exclusivity.
Nestled between landed residences along Jansen Rd and Residences @ Jansen, another boutique 99-year leasehold project, it enjoys a prime location within District 19 in the coveted Serangoon-Kovan neighbourhoods. Serangoon and Kovan MRT Stations are minutes drive away, with Nex Mall and Heartland Mall adjacent to these MRT stations.
The project’s appeal extends to investors and families, with proximity to schools like Rosyth, Yangzhen Primary, Zhonghua Primary, Nanyang Junior College, Australian International, and International French School. Estimated to be priced attractively at $1,891 PSF, the lowest in this list, it stands as a standout choice for those seeking a private and exclusive neighbourhood.
Former Bagnall Court
This upcoming freehold project in Bedok within District 16, following the success of Sceneca Residence, promises to be a valuable addition to the estate where freehold residences are lacking. Just a 5-minute walk from the upcoming Sungei Bedok MRT interchange connecting to the Downtown and Thomson-East Coast lines, convenience and connectivity are key appeals for this project.
With an estimate of only 113 units, it caters to HDB upgraders or families seeking private residences in Bedok, while enjoying privacy in a smaller project.
It is estimated to be priced at $2,336 PSF, which would make it command a 12% premium as compared to Sceneca Residence, a 99-year leasehold project integrated with Tanah Merah MRT and a retail mall. The government’s plans for area rejuvenation, including new roads, a transportation hub, and addition of more private and public housing in the area signals a prospective surge for housing demand in the years ahead. Proximity to Bedok South and Temasek Secondary schools, along with nearby kindergartens, adds to its family-friendly appeal.
Former La Ville
This family-centric gem in District 15 strikes a balance between easy connectivity amidst a quieter neighbourhood. With an estimate of just 107 units, it promises tranquillity and privacy.
Positioned within walking distance to the upcoming Katong Park and a short drive from Stadium and Mountbatten MRT Stations on the Circle Line (CCL), it ensures seamless connectivity. Outdoor leisure is a stroll away at Katong and East Coast Park, while the CBD and Paya Lebar workplaces are a short drive away. Kallang Wave Mall and Parkway Parade offering indoor entertainment and dining are within 10 minutes by car.
Estimated to be priced at $2,834 PSF, this project truly embodies well-balanced family living, combining tranquillity and convenience. Proximity to Geylang Methodist (Primary), Chung Cheng High, and Dunham High adds to its family appeal.
Former East Court
Estimated to house only 19 units, this new development is set to be another boutique project launching in 2024. Within the bustling area of District 15, Joo Chiat Road’s vibrant eateries and bars are a stroll away. Several malls including Parkway Parade, i12 Katong, Katong Shopping Centre and Katong V are in the vicinity as well.
Estimated to be priced at $2,284 PSF, this project could highly appeal to the younger demographic, both investors and owner-occupiers. Positioned in a sought-after and bustling area, high demand is anticipated among homebuyers and tenants.
Eunos MRT station serving the East-West line is the nearest station and is a 5-minute drive away. Although it is not within walking distance to the nearest MRT station, it is served by a bus stop about 250m away and the amenities in the immediate vicinity of this project make up for it.
Former Meyer Park
Nestled in a tranquil neighbourhood within District 16, this project promises possible sea views on the higher floors and easy access to East Coast Park. The upcoming Katong Park MRT and swift access to ECP enhances its connectivity, making this perfect for families.
Nearby reputable schools like Tao Nan Primary and Dunman High, plus international schools, makes it convenient for families with school-going children. The esteemed locale, combined with amenities and educational options, positions this development as a promising choice for families.
From the success of its neighbour MeyerHouse by the same developer, high demand for this project can be expected. Estimated to be priced at $3,266 PSF, it aligns with freehold housing trends in the area.
Closing Thoughts
We have concluded our review of the 13 freehold new launches slated to be launched in 2024. The prospect of living in a freehold property with the potential for long-term value appreciation, generational legacy building, and a quality living experience, beckons those looking to make a prudent investment or find a place to call home in the ever-evolving landscape of Singapore.
If you are in the market for a new launch project, feel free to reach out to us. We will be glad to guide you through the process and offer a tailored consultation to help you reach an informed decision.
Thank you for reading and following PLB. Do stay tuned as we bring you more reviews of upcoming new launch projects around Singapore.
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