Hallmark Residences Review — Trevose Crescent · D11
HuatScore: 69/100 — Good
Is Hallmark Residences a good buy?
HuatScore rates Hallmark Residences 69/100 — a "Good" verdict. That makes it a conditional buy for buyers who prioritise a central, well-connected address and investors chasing a workable ~3.4% yield. Strongest card: Both anchors locked in. Main watch-out: Thin transaction volume. Pricing is reasonable for the location at current market.
Last updated 2026-08-20 · scored against URA caveat data.
Key facts
- Verdict: Good
- Region: Core Central Region
- Tenure: Freehold
- Completed: 2015
- Units: 72
- Developer: MCL Land
- Avg PSF: ~$2,200 psf
- Price from: S$1.5M
Live market data
- Resale transactions (12mo): 2
- Recent resale PSF: ~$2,120 psf
What works in its favour
- Both anchors locked in: 599m to ANGLO-CHINESE SCHOOL (PRIMARY) [GEP] and 644m (~8-min walk) to Stevens MRT (Exit 2). Strictly within the P1 1km zone, plus walkable to the nearest MRT entrance. This is the non-negotiable demand anchor — kiasu parents AND yield-chasing investors are both your buyers.
- Popular primary inside 1km — ANGLO-CHINESE SCHOOL (PRIMARY): ANGLO-CHINESE SCHOOL (PRIMARY) is GEP. These primaries are heavily oversubscribed, so addresses inside the 1km P1 zone hold a durable premium — kiasu parents will pay up to keep this option open.
- Sensible price gap: Launch PSF only +6% above local resale benchmark. Headroom for capital appreciation intact.
- Estimated gross yield: 3.8%: Yield is above the SG private market median (~3.2%). Decent cash flow buffer if interest rates climb.
What to watch out for
- Thin transaction volume: Only 2 resale deals in the past year. Equity trap risk — when you want to exit, very few buyers to anchor against.
- Quiet resale demand: Demand pulse 7/100 — only 2 resales in the last 12 months. Thin secondary-market activity; exits can be slow.
- Thin future upgrader pool: Live count: 0 HDB blocks within 2km cross the 5-year MOP between 2025 and 2028 (of 9 HDB blocks total within 2km). Narrow pool to absorb your resale — demand leans more on private-market churn here.
Who Hallmark Residences suits
- Buyers who prioritise a central, well-connected address
- Yield investors — ~3.4% gross is workable; favour larger unit types
- Buyers who value a stable, established neighbourhood over speculative upside
Who should look elsewhere
- Buyers hunting deep relative value — the market has already priced in most of the story
- Short-term flippers — stamp duty + agent fees demand a 5-year minimum hold
- Buyers wanting a guaranteed top-tier primary within 1km walking distance
Huat Kueh says
Anglo-Chinese School (Primary) at 599m — that keeps demand deep. Only 2 deals the whole year — sell also must queue.