FC
FairComparisons
D09 Orchard

IRWELL HILL RESIDENCES

IRWELL HILL · District 09 · 99 yrs lease commencing from 2020

Median Price

S$1.7M

555 transactions

Price Range

S$995K - S$9.0M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$8.13 psf

per month

IRWELL HILL RESIDENCES Price Analysis

IRWELL HILL RESIDENCES is a leasehold development on IRWELL HILL in District 09 (Orchard). According to URA transaction records, 555 private residential transactions have been recorded at this development, with a median price of S$1,742,000. Prices range from S$995K for the smallest units to S$9.0M for premium configurations.

The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$1,284,500. Larger units (5+ bed (170+ sqm)) trade at S$7,800,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at IRWELL HILL RESIDENCES. High-floor units (36-40) command a median of S$1,988,000, while low-floor units (01-05) sell for S$1,674,000. That is a 19% premium for higher floors, worth S$314K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, IRWELL HILL RESIDENCES commands an average of S$8.13 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.8%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

36-40
S$2.0M
13 txns
31-35
S$1.9M
81 txns
21-25
S$1.8M
67 txns
26-30
S$1.8M
82 txns
11-15
S$1.7M
85 txns
16-20
S$1.7M
86 txns
06-10
S$1.7M
81 txns
01-05
S$1.7M
60 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$1.3M43 sqm140
1-Bed (50-70 sqm)S$1.8M60 sqm303
2-Bed (70-100 sqm)S$2.3M79 sqm41
3-Bed (100-130 sqm)S$3.3M118 sqm33
4-Bed (130-170 sqm)S$4.2M146 sqm35
5+ Bed (170+ sqm)S$7.8M217 sqm3

Current Listings

1-Bed sale

Zack Liang · ERA REALTY NETWORK PTE LTD

S$1.5M

2-Bed sale

Kee Carrine · HUTTONS ASIA PTE LTD

S$1.7M

2-Bed sale

Ruth Zheng · ERA REALTY NETWORK PTE LTD

S$1.9M

2-Bed rent

Cedric Lim (林育民) · HUTTONS ASIA PTE LTD

S$6K

FAQ

What is the average price of IRWELL HILL RESIDENCES?

The median transaction price at IRWELL HILL RESIDENCES is S$1,742,000, based on 555 URA-recorded transactions. Prices range from S$995K to S$9.0M.

Does floor level affect prices at IRWELL HILL RESIDENCES?

Yes. High-floor units (36-40) sell for a median of S$1,988,000, while low-floor units (01-05) sell for S$1,674,000. That is a 19% premium for higher floors.

What is the rental rate at IRWELL HILL RESIDENCES?

The average rental rate at IRWELL HILL RESIDENCES is approximately S$8.13 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.