One Leonie Residences: Price, Site and Launch Guide
Twenty-five freehold homes on Leonie Hill by Far East Organisation — a genuinely boutique District 9 project with an estimated TOP of 2028, which is unusually soon for something not yet launched.
Upcoming launch — date not yet announced
In short: One Leonie Residences is a boutique development of 25 freehold residences on Leonie Hill in District 9, by Far East Organisation. The site is 32,377 sq ft and estimated TOP is 2028; the launch date has not been announced. No land cost has been published for the site and no price list has been released, so there is no land-bid model on this page — only what is actually known.
One Leonie Residences at a glance
Sources: Far East Organisation (units, tenure); PropNex local-project data (site area, TOP). No public tender record — this is not a Government Land Sales site · Updated 19 Sep 2026
| Location | Leonie Hill, District 9 — Orchard, Cairnhill, River Valley · Core Central Region |
|---|---|
| Developer | Far East Organisation |
| Tenure | Freehold (per Far East Organisation) |
| Site area | 32,377 sq ft |
| Total units | 25 |
| Nearest MRT | Somerset (North–South Line (NS23)) · Great World (Thomson–East Coast Line (TE15)) · Orchard (North–South + Thomson–East Coast interchange (NS22 / TE14)) |
| Expected launch | Not yet announced (was estimated 2Q 2026) |
| Est. TOP | 2028 |
| Indicative pricing | Not released |
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My take
The honest read on One Leonie Residences
Twenty-five homes. That is the defining fact, and everything sensible you can say about this project follows from it. A 25-unit development is not a condominium in the way most Singapore buyers use the word — it is closer to an apartment block with a lift lobby and a small pool.
Boutique scale has two real consequences. On the good side, scarcity: when you sell, there are 24 other units in the building rather than 800, and there is no wall of identical stock competing with you. On the bad side, maintenance: 25 households carry the entire cost of the lift, the pool, the security and the sinking fund. Expect a monthly figure that would look absurd in a suburban project.
Far East Organisation is Singapore's largest private developer and probably the most experienced at exactly this format. It has been building small, well-located Orchard-fringe blocks for decades, and it holds and manages a great deal of what it builds. That continuity shows in how its older buildings have aged.
The estimated TOP of 2028 is worth pausing on. For a project that has not launched, that is very soon — it suggests construction is either underway or about to be, which means a much shorter wait from booking to keys than anything else in this pipeline. For a buyer who wants to move in rather than wait out a progressive payment schedule, that is a genuine differentiator.
Tenure is freehold, which is what Far East Organisation markets the project as. An earlier version of this page repeated a 103-year lease from third-party project data; I have corrected it to the developer's own figure. Freehold on a small central block is a real long-term advantage, but as always, check the tenure in the sale documents rather than taking it from any website, mine included.
This suits you if you want a small, quiet, central address near Orchard and the river, you value scarcity on resale, and you can absorb boutique-project maintenance without flinching. The 2028 TOP suits anyone who wants keys sooner rather than later.
Skip it if you want facilities. Twenty-five units cannot carry a tennis court and three pools, and pretending otherwise helps nobody. Skip it too if the maintenance figure would be uncomfortable — ask for it before you look at a single floor plan.
Pricing
One Leonie Residences price: what is and is not known
The developer has not released prices. What follows is an estimate built from the land bid, not a price list.
There is no public land cost for this site, because it did not come through a Government Land Sales tender. That removes the single most reliable early pricing signal, and I am not going to substitute a guess for it.
What will actually set the price here is the immediate Leonie Hill and River Valley market — what comparable stock in the surrounding buildings transacts at, adjusted for newness and for the scarcity of a 25-unit freehold block. I will pull those comparables for you on request rather than publish a number I cannot stand behind.
This site did not come through a Government Land Sales tender with a published $ psf ppr, so the usual land-cost model does not apply cleanly. One Leonie Residences was not sold through a Government Land Sales tender, so there is no published land rate to model from. A 25-unit freehold project in District 9 will be priced against the immediate Leonie Hill and River Valley resale market rather than against a land bill. I will publish the price list here the day it is released, and not before.
The site
The site: 25 homes on 32,377 sq ft
The parcel is 32,377 sq ft, carrying 25 homes. No gross floor area has been published, so I have not calculated a plot ratio or an average unit size.
What a 25-unit block on this footprint usually means is a single slender building, a modest pool deck, a gym and not much else. The land goes into the building rather than into landscape.
Ask two specific questions at the showflat: the projected monthly maintenance per unit, and whether Far East will retain and manage the common property. On a boutique project both answers matter more than the kitchen brand.
Location
Where One Leonie Residences actually is
The site is on Leonie Hill in District 9, in the pocket between Orchard Road and the Singapore River — the Leonie Hill, Grange and River Valley cluster. It is one of the most established residential addresses in central Singapore.
Somerset on the North–South Line and Great World on the Thomson–East Coast Line both serve the area, with the Orchard interchange a little further. Orchard Road is walkable in the literal sense; whether it is walkable in Singapore's heat at 2pm is a question to answer on site.
Everyday life runs on Great World City for the supermarket and cinema, the Orchard malls for everything else, and the River Valley and Killiney food strips. Green space is limited — this is a dense central address and the nearest real park is Fort Canning or the river promenade.
| Station | Line | Note |
|---|---|---|
| Somerset | North–South Line (NS23) | Orchard Road at 313@Somerset |
| Great World | Thomson–East Coast Line (TE15) | Great World City and the river |
| Orchard | North–South + Thomson–East Coast interchange (NS22 / TE14) | The interchange, and ION |
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Site coordinates for this parcel are 1.29948315, 103.83237693 — check the exact walk yourself before you rely on anyone's number, mine included.
One Leonie Residences location map: MRT and schools nearby
The nearest MRT station to One Leonie Residences is Orchard MRT, about 470 m in a straight line. One MOE primary school sits within about 1 km of the site.
Nearest MRT and LRT stations
- Orchard MRT470 m
- Great World MRT600 m
- Somerset MRT730 m
- Orchard Boulevard MRT1.0 km
Primary schools within about 1 km
- 1River Valley Primary School700 m
What homes near One Leonie Residences resell for
Resale prices within 1 km
The 8 nearest completed private developments with at least 3 resale caveats in the last 12 months. Their resales had a combined median of $2,103 psf. Older and leasehold projects usually sit below a new launch, so read the tenure column alongside the psf.
| Development | Distance | Tenure | Resales | Median psf | Median price |
|---|---|---|---|---|---|
| Leonie Suites | 100 m | 99-yr from 2002 | 5 | $2,020 | $1,870,000 |
| Leonie Gardens | 120 m | 99-yr from 1990 | 8 | $1,768 | $3,630,000 |
| Oue Twin Peaks | 120 m | 99-yr from 2010 | 25 | $2,156 | $1,230,000 |
| Horizon Towers | 210 m | 99-yr from 1979 | 4 | $1,452 | $3,390,000 |
| The Paterson | 230 m | Freehold | 3 | $2,437 | $3,978,888 |
| Leonie Towers | 260 m | Freehold | 3 | $1,923 | $5,650,008 |
| Paterson Residence | 270 m | Freehold | 3 | $2,821 | $4,220,000 |
| Paterson Suites | 270 m | Freehold | 8 | $2,783 | $5,050,000 |
Source: URA Data Service, private residential caveats lodged to Oct 2026, accessed 10 Oct 2026 (licence terms). Not every purchase is caveated, and caveats can lag the sale. Sizes are strata area, so psf includes AC ledges and voids. Distances are straight-line.
Who is building it
Who is building it: Far East Organisation
Far East Organisation is Singapore's largest private property developer and has built more private homes here than anyone else. Its portfolio runs from large projects such as Watertown and The Reef at King's Dock to a long series of small, central, well-located blocks of exactly this type.
What distinguishes Far East in the boutique format is that it retains and manages a great deal of its own stock. A developer that expects to still be involved with the building in twenty years specifies it differently from one that expects to hand over and leave.
Far East also holds The Serra Residences on Bassein Road in this same pipeline — a 133-unit freehold project in District 11. If boutique central living is what you are after, those two are the natural pair to compare.
Payment
What you actually pay, and when
This is a private condominium, so there is no eligibility gate — only stamp duty and financing.
| Stage | % of price | When |
|---|---|---|
| Booking fee | 5% | Booking day, by cheque. Buys the Option to Purchase |
| On signing the S&P | 15% | Within 8 weeks of the Option date, cash or CPF, plus stamp duties |
| Foundation | 10% | First progressive draw, typically loan-funded |
| Structure, walls, roof, wiring, car park | 40% | Drawn in five stages as construction progresses |
| TOP | 25% | On Temporary Occupation Permit |
| CSC | 5% | Held until the Certificate of Statutory Completion |
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Buyer's Stamp Duty is payable by everyone. Additional Buyer's Stamp Duty depends on how many residential properties you already hold and on your residency: 20% for a citizen's second property, 30% for a third, and 60% for foreign buyers at 2026 rates. Singapore Permanent Residents pay 5% on a first property. Work out your number on the ABSD calculator before the showflat, not after.
Alternatives
One Leonie Residences vs the other boutique and central options
Very little in this pipeline is genuinely boutique. These are the closest comparisons by scale and by address.
Land prices are from public tender records. Launch timing is the developer's or the market's expectation, not a confirmed date · Updated 7 August 2026
| Project | Where | Units | Land $ psf ppr | Expected launch | The honest difference |
|---|---|---|---|---|---|
| The Serra Residences | D11 Bassein Road · CCR | 133 | En bloc, n/a | Preview 2–13 Oct 2026 | The same developer, also freehold, and more than five times the size |
| Peck Hay Road GLS | D9 Newton · CCR | Not published | $1,865 | Est. Q4 2027 | The same district, CDL and Hong Realty, at the pipeline's highest land cost |
| River Valley Green (Parcel C) | D9 River Valley · CCR | Not published | $1,730 | Est. Q4 2027 | A short walk away, far larger, and with a published land cost to model from |
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The Serra Residences is the comparison I would run first. Same developer, same instinct for the boutique format and the same freehold tenure — the real difference is scale, and with it what each household pays towards the facilities.
Timeline
When One Leonie Residences launches, and how a launch actually works
| Milestone | Date | Status |
|---|---|---|
| Launch window | Not yet announced (was estimated 2Q 2026) | Expected |
| Showflat preview | Not yet announced | Expected |
| Booking day | Typically 1–2 weeks after preview opens | Expected |
| Estimated TOP | 2028 | Expected |
Swipe to see the full table →
- Preview. The showflat opens, usually for around two weeks. Walking in costs nothing, and registering for the e-application costs nothing and commits you to nothing.
- E-application and ballot. If registered buyers outnumber units, a ballot sets the order in which people pick. Ballot position is luck. Being registered in time is not.
- Booking day. Bring a cheque and an in-principle loan approval. Five percent secures the unit. Hesitation costs you your stack.
- Sale and Purchase. Within eight weeks of the Option date you sign the S&P and pay the next 15% in cash or CPF, plus stamp duties. Progressive payments follow construction from there.
There is no countdown on this page and there never will be. The only real deadline in a launch is the e-application window, and I will tell you the day it is announced.
Common questions
One Leonie Residences: questions people actually ask
Twenty-five, all freehold, according to Far East Organisation. It is a genuinely boutique development, which means scarcity on resale and a high per-unit share of the maintenance cost. Ask for the projected monthly maintenance figure before anything else.
No price list has been released, and there is no public land cost to model from because this was not a Government Land Sales site. Pricing will be set against the surrounding Leonie Hill and River Valley resale market. I will pull those comparables for you rather than publish an estimate I cannot support.
Yes. Far East Organisation markets it as 25 freehold residences. An earlier version of this page repeated a 103-year lease from the project data; the developer's own figure is freehold. As with any purchase, check the tenure in the sale documents.
The estimated TOP is 2028, which is unusually soon for a project that has not launched. That means a much shorter wait from booking to keys than for anything else in the 2026–2027 pipeline.
Somerset on the North–South Line (NS23) and Great World on the Thomson–East Coast Line (TE15), with the Orchard interchange (NS22/TE14) close by. Measured walking times go up once I have walked each route.
Far East Organisation, Singapore's largest private developer. It also holds The Serra Residences on Bassein Road in this pipeline.
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Keep reading
- The full 2026–2027 launch pipeline — every confirmed site, with land bids
- All project pages on this site
- How developers actually price a launch — the maths behind the psf
- New launch vs resale — which one wins on your numbers
- Buying a resale condo — the alternative worth pricing against
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