7 Condos In District 9 You Could Possibly Own For $1.6 Million Or Less - Property Blog Singapore - Stacked Homes
While District 7
may have taken the headlines in recent months, you can’t deny that
District 9 is still a top area on most Singaporean’s wish list of places
to live at.
So despite online shopping ruling the roost when it comes to shopping for the foreseeable future, there is still something extremely appealing about living a few minutes – on foot – away from places like Takashimaya or Orchard Central.
Now, District 9 is undoubtedly an expensive place to live in. Don’t
be expecting a 3 to 4 bedroom unit at this quantum (clearly, this
article is for singles and couples not planning to have kids). But if
you’re willing to settle for older or smaller units, you may be
surprised at what you can find for the price of a mass-market ($1.6
million-ish) condo.
In light of that, we’ve put the spotlight on some District 9 condos,
with transactions of $1.6 million or below in 2020. Here they are,
starting from the cheapest and up:
How we compiled the list
We have included condos that have the following:
- Recorded transactions at $1.6 million or below in 2020
- Spotted asking prices of $1.6 million or below in 2020
- A combination of the two
Note that some of these properties have a low volume of transactions (e.g. possibly only one transaction this year at the given price). As such, it may be an outlier and discrepancies are possible; but we have tried to back these up by showing actual asking prices as well.
All data is from Square Foot Research.
1. Attitude at Kim Yam
The current price range is $1,538 to $1,967 psf, with an average of $1,753 psf.
Last recorded transactions in 2020:
| Date | Unit Size | Price PSF | Quantum |
| 22 Sep 2020 | 657 | $1,538 | $1,010,000 |
| 9 Jul 2020 | 366 | $1,967 | $720,000 |
| 3 Mar 2020 | 689 | $1,742 | $1,200,000 |
Spotted asking prices:
| Date | Unit Size | Price PSF | Quantum | % Difference Over Last Transaction |
| 25 Oct 2020 | 689 | $2,322 | $1,600,000 | 33.3% |
| 14 Oct 2020 | 602 | $2,034 | $1,225,000 | – |
Address: Kim Yam Road
Developer: King & King Development Pte. Ltd.
Lease: 999-years from 1841
TOP: 2011
Number of units: 33
Profile:
Attitude at Kim Yam is a boutique development with just 33 units,
spread out over 10 storeys. Despite its small size, it was a headline
development in the days of its launch: it’s not often that you find a
999-year property (effectively freehold) within 520 metres of Somerset
MRT station (about eight minutes’ walk).
River Valley Primary School is only a five-minute walk way; but given
the small size of most of the units (around 366 to 689 sq. ft.), there
won’t be much interest from families.
Also, as is the case with many boutique developments, you’re not getting much in the way of facilities. You have a swimming pool, but not the full suite of BBQ pits, clubhouses, etc.
2. Illuminaire on Devonshire
The current price range is between $2,130 to $2,173 psf, with an average of $2,152 psf.
Last recorded transactions in 2020:
| Date | Unit Size | Price PSF | Quantum |
| 25 Aug 2020 | 441 | $2,130 | $940,000 |
| 8 May 2020 | 636 | $2,173 | $1,380,000 |
Spotted asking prices:
| Date | Unit Size | Price PSF | Quantum | % Difference Over Last Transaction |
| 14 Oct 2020 | 635 | $2,409 | $1,530,000 | 10.8% |
| 14 Oct 2020 | 441 | $2,472 | $1,090,000 | 15.9% |
| 13 Oct 2020 | 635 | $2,409 | $1,530,000 | 10.8% |
Address: Devonshire Road
Developer: El Development (Devonshire) Pte. Ltd.
Lease: Freehold
TOP: 2011
Number of units: 72
Profile:
Illuminiare at Devonshire is just 230 metres from the Somerset MRT
station, just behind TripleOne Somerset. This is even closer to the MRT
station than many other developments on this list; and the property is
freehold to boot.
This 19-storey development has had its view somewhat eroded, by the
emergence of other developments like The Metz (see below). In addition,
some investors may be put off by the proximity of several competing
developments, which have the same advantage of location.
If you’re more about own-stay use, however, this is a solid choice
for singles or couples not intending to have children (units are small).
3. Espada
The current price range is between $2,038 to $2,601 psf, with an average of $2,320 psf.
Last recorded transactions in 2020:
| Date | Unit Size | Price PSF | Quantum |
| 2 Oct 2020 | 667 | $2,038 | $1,360,000 |
| 9 Sep 2020 | 377 | $2,601 | $980,000 |
| 15 Jan 2020 | 560 | $2,126 | $1,190,000 |
Spotted asking prices:
| Date | Unit Size | Price PSF | Quantum | % Difference Over Last Transaction |
| 24 Oct 2020 | 452 | $2,655 | $1,200,000 | 9% |
| 23 Oct 2020 | 355 | $2,662 | $945,000 | -5.8% |
| 21 Oct 2020 | 560 | $2,375 | $1,330,000 | 11.7% |
Address: St. Thomas Walk
Developer: Novelty Orchard Development Pte. Ltd.
Lease: Freehold
TOP: 2013
Number of units: 232
Profile:
A full review of Espada is available on Stacked Homes.
Espada is just 300 metres from the Somerset MRT station, and about a
10 minute-walk from the Orchard shopping belt. You can think of it as a
newer, bigger version of Attitude at Kim Yan (see point 1).
As with the earlier entry, this is not a development for families.
The units are on the small side, mostly from 377 to 721 sq. ft (although
penthouse units reach up to 1,212 sq ft., with a single unit at 1,313
sq. ft.)
While you do get the full suite of condo facilities, they’re nothing
outstanding; more on par with a mass-market condo than what you’d expect
from District 9 properties. What stands out is the freehold nature of
the property, and the distance to the Orchard shopping belt.
Read this next
4. Liv on Sophia
The last recorded price was $2,237 psf.
Last recorded transactions in 2020:
| Date | Unit Size | Price PSF | Quantum |
| 21 Sep 2020 | 527 | $2,237 | $1,180,000 |
Spotted asking prices:
| Date | Unit Size | Price PSF | Quantum | % Difference Over Last Transaction |
| 21 Oct 2020 | 528 | $2,178 | $1,150,000 | -2.5% |
| 21 Oct 2020 | 538 | $2,323 | $1,400,000 | 18.6% |
| 18 Oct 2020 | 538 | $2,323 | $1,250,000 | 5.9% |
Address: Adis Road
Developer: RH Mount Sophia Pte. Ltd.
Lease: Freehold
TOP: 2016
Number of units: 64
Profile:
Liv on Sophia was developed with rental income in mind. About 64 of
the two-bedder units are dual-key; and it’s obvious from the location
it’s meant to capitalise on students at KAPLAN, NAFA or La Salle.
This property is close to the Dhoby Ghaut MRT station (about six
minutes’ walk), which is one stop from Orchard. But as a nice bonus, you
can also walk into Little India in about 11 minutes. Orchard is about
the same walking distance.
The retail amenities are not as great as the Orchard properties listed here; but you do have access to The Cathay, and Plaza Singapura.
5. Killiney 118
The last recorded price was $2,002 psf.
Last recorded transactions in 2020:
| Date | Unit Size | Price PSF | Quantum |
| 7 Sep 2020 | 624 | $2,002 | $1,250,000 |
| 30 Jan 2020 | 570 | $1,963 | $1,120,000 |
Spotted asking prices:
| Date | Unit Size | Price PSF | Quantum | % Difference Over Last Transaction |
| 28 Oct 2020 | 570 | $2,246 | $1,280,000 | 14.2% |
| 24 Oct 2020 | 570 | $2,246 | $1,280,000 | 14.2% |
| 22 Oct 2020 | 570 | $2,246 | $1,280,000 | 14.2% |
(Maybe they’re all teaming up to set the price! 😊 )
Address: Killiney Road
Developer: Creslin Pte. Ltd.
Lease: Freehold
TOP: 2013
Number of units: 30
Profile:
This small 30-unit development is tucked away behind the Singtel
Comcentre; and it has the wonder of not feeling like it’s in Orchard.
Nearby there’s a row of shophouses, that include some coffee shops.
(Bonus Stacked tip: if you live around here, go to the Comcentre canteen. The food portions are generous for the price).
The development is about 350 metres from Somerset MRT station (a
four-minute walk), and across that is the Orchard shopping belt.
We just wish this development looked better from the outside – it’s a rather drab, brownish block, and looks more like a government building than a residence. Of course, design is always a subjective thing – we’ve heard people describing it as a lovely boutique development as well.
6. The Metz
The last recorded price was $2,199 psf.
Last recorded transactions in 2020:
| Date | Unit Size | Price PSF | Quantum |
| 26 Jan 2020 | 581 | $2,199 | $1,278,000 |
Spotted asking prices:
| Date | Unit Size | Price PSF | Quantum | % Difference Over Last Transaction |
| 6 Oct 2020 | 581 | $2,668 | $1,550,000 | 21.2% |
| 15 Jul 2020 | 581 | $2,719 | $1,580,000 | 23.6% |
| 15 Jul 2020 | 581 | $2,719 | $1,580,000 | 23.6% |
Address: Devonshire Road
Developer: MCL Land (Devonshire) Pte. Ltd.
Lease: Freehold
TOP: 2007
Number of units: 169
Profile:
Probably the closest competitor to Illuminaire on Devonshire (see above).
Illuminaire has the advantage of being slightly newer by four years;
and some may argue it’s more exclusive because it’s got fewer units
(although the difference isn’t likely to be felt – The Metz is also
quite a small development at 169 units).
Do note that, unlike Illuminaire, the units here don’t have
balconies; buyers tend to either love that or hate that. (Balconies are
either essential, or a waste of space that’s hard to keep clean,
depending on who you ask).
Other than that, most of the issues will be similar to Illuminaire: rather small units, and a lot of competition in the area.
7. The Peak @ Cairnhill
The last transaction was at $1,404 psf.
Last recorded transactions in 2020:
| Date | Unit Size | Price PSF | Quantum |
| 25 Sep 2020 | 926 | $1,404 | $1,300,000 |
Spotted asking prices:
| Date | Unit Size | Price PSF | Quantum | % Difference Over Last Transaction |
| 12 Oct 2020 | 592 | $2,111 | $1,250,000 | -7.4% |
| 9 Oct 2020 | 592 | $2,534 | $1,500,000 | 11.1% |
| 7 Oct 2020 | 592 | $2,703 | $1,600,000 | 18.5% |
Address: Cairnhill Circle
Developer: TG Development Pte. Ltd. / TEE Development Pte. Ltd.
Lease: Freehold
TOP: 2014
Number of units: 52
Profile:
The Peak @ Cairnhill I is slightly smaller than its sister development (Peak @ Cairnhill II), with 52 units instead of 60.
This development isn’t too close to the Newton MRT station
unfortunately, being about 1.2 kilometres on foot. This might cause it
to be overshadowed by more recent developments, like Kopar @ Newton. It’s about equidistant to the Orchard area.
That all puts this development in a bit of a weird spot: it’s
centrally located, but not exactly great in terms of public transport
access. It’s close to Orchard, but isn’t really in Orchard per se. It seems very exclusive with just 52 units, but there’s another 60 in its counterpart right next door.
Nonetheless, its location is still one that many home owners envy; and it’s a freehold property to boot.
Most of the developments are on the smaller end, but some buyers prefer good location over big units
So if you’re single, not intending to have children, chasing rental
gains, etc., don’t be too quick to assume you’re priced out of District 9
condos. There are owners of Orchard-area condos who aren’t in the super-rich crowd, but enjoy the same amenities and convenience.
Do get in touch with us, if you want a deeper look at any particular property; and you can get more details on the Singapore private property market on Stacked.
