Leedon Green Review — Farrer Road · D10
HuatScore: 67/100 — Good
Is Leedon Green a good buy?
HuatScore rates Leedon Green 67/100 — a "Good" verdict. That makes it a conditional buy for buyers who prioritise a central, well-connected address and investors chasing a workable ~3.2% yield. Strongest card: Sensible price gap. Main watch-out: Thin transaction volume. Negotiate hard — pricing leaves little margin of safety.
Last updated 2026-08-03 · scored against URA caveat data.
Key facts
- Verdict: Good
- Region: Core Central Region
- Tenure: Freehold
- Completed: 2024
- Units: 638
- Developer: MCL Land × Yanlord
- Avg PSF: ~$2,900 psf
- Price from: S$1.9M
Live market data
- Resale transactions (12mo): 6
- Recent resale PSF: ~$3,360 psf
- Gross rental yield: 2.5%
What works in its favour
- Sensible price gap: Launch PSF only +11% above local resale benchmark. Headroom for capital appreciation intact.
- 3-bedder × investment — appreciation sweet spot: Sells into the deepest pool — owner-occupier families. That demand floor drives durable capital appreciation. The investor default for total return, not just headline yield.
What to watch out for
- Thin transaction volume: Only 6 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 16/100 — only 0.9% annual turnover (6 resales/12mo). 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 208 HDB blocks total within 2km). Narrow pool to absorb your resale — demand leans more on private-market churn here.
Who Leedon Green suits
- Buyers who prioritise a central, well-connected address
- Yield investors — ~3.2% gross is workable; favour larger unit types
- Buyers who value a stable, established neighbourhood over speculative upside
Who should look elsewhere
- Buyers who need a margin of safety — pricing is full and leaves little room for error
- 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
#9 of 209 in D10 for resale volume — this one moves. Last 12 months down 3% — patience needed.