Property Market in Ardmore

Ardmore is one of Singapore's established prime residential areas. According to URA transaction records from 2022 to 2025,D10 has recorded 8,502 private residential transactions, making it one of the most actively traded districts in Singapore. The median condominium and apartment price stands at S$2.5M, which is 47% above the Singapore-wide median of S$1.7M.

The private residential market in Ardmore spans 8 property categories. Condominiums lead with 4,200 transactions at a median of S$2.7M. The distinction between condominiums and apartments in Singapore is largely regulatory (condominiums must meet a minimum land area of 4,000 sqm and include recreational facilities), but prices also reflect differences in unit size and development scale.

Ardmore also has an active landed property segment. Terrace houses trade at a median of S$5.9M, semi-detached homes at S$8M, and detached houses at S$16.9M. Landed properties in Ardmore attract buyers seeking generational homes in one of Singapore's established residential enclaves.

Tenure is a defining factor in Ardmore's property pricing. Freehold properties trade at a median of S$2.9M, while 99-year leasehold units trade at S$2.4M. That is a 20% premium for freehold, or approximately S$486K more in absolute terms.

On a per-square-metre basis, the gap narrows somewhat: freehold at S$27,233/sqm versus leasehold at S$26,412/sqm. For buyers weighing freehold versus leasehold in Ardmore, the key question is time horizon. Freehold properties hold value over decades and face no lease decay, but new 99-year leasehold developments often offer modern facilities and layouts at a lower entry price. In Ardmore, freehold transactions outnumber leasehold 5,370 to 2,505, reflecting the district's established freehold stock.

For condominiums and apartments in Ardmore, floor level creates a measurable price gradient. Units on floors 21-25 sell for a median of S$3.0M, while units on floors 36-40 sell for S$2.4M. That is a 26% premium for higher floors, worth approximately S$618K per unit.

In Ardmore, the high-floor premium reflects views of the city skyline, improved privacy in dense neighbourhoods, and the status associated with penthouse-level living. Buyers targeting a specific development can use this gradient to estimate how much they save by choosing a mid-floor unit instead of a top-floor one.

Rental rates in Ardmore average S$7.93 psf per square foot per month, placing the district among the highest rental rates in Singapore, reflecting strong tenant demand for prime locations. The highest rents are commanded by 3 CUSCADEN at S$8.97 psf.

The rental spread within Ardmore runs from S$7.40 psf at ONE HOLLAND VILLAGE RESIDENCES to S$8.97 psf at 3 CUSCADEN. This range reflects differences in development age, finish quality, proximity to MRT, and whether the unit is furnished. Investors evaluating gross rental yield in Ardmore should compare these rates against the purchase price per square foot to assess returns.

The most actively traded development in Ardmore is SKYE AT HOLLAND on HOLLAND VILLAGE WAY, with 605 URA-recorded transactions at a median of S$2,266,000. LEEDON GREEN follows with 544 transactions at S$1,970,500.

High transaction volumes typically indicate active secondary markets with good liquidity. Buyers who may need to sell within a few years should consider developments with proven resale activity, as these tend to attract a broader pool of buyers when the time comes.

In pricing terms, Ardmore sits closest to Telok Blangah (S$2.6M), Orchard (S$2.4M), High Street (S$2.3M). Buyers looking for a lower entry point could consider Kranji at S$1.1M, which is 132% cheaper.