Astrid Meadows
- 56 Coronation Road West | District 10
An opportunity to acquire a large-format freehold residential unit with immediate income visibility in a prime Bukit Timah enclave—suited for investors with a ~ buy-and-hold mandate.
This unit is already leased, removing leasing risk and ensuring stable monthly cashflow from completion.
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Asset Overview
- 190 sqm / 2,045 sqft
- 3 Bedrooms (All Ensuite)
- 4 Bathrooms
- Helper’s Room
- Private Yard (rare feature)
- High-floor unit with good light and airflow
- Only 2 units per floor – enhanced privacy & exclusivity
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Income Profile
- Current Rent: $9,000/month
- Tenancy Secured Till: 23 January 2028
- Tenanted asset = no vacancy risk
- Ideal for investors seeking predictable income over the next 2 years
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Proven International Demand
The development enjoys a strong and diversified resident base, supporting long-term rental demand and resale liquidity:
- Singaporeans: 46.4%
- Permanent Residents: 26.3%
- Foreigners: 23.1%
- Company Ownership: 3.9%
- Indicates expatriate and corporate acceptance, a key driver for sustained rents.
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Location & Exit Logic
- Prime District 10 / Coronation residential address
- Close to top schools, amenities, and arterial roads
- Limited supply of large freehold units in the vicinity
- Strong appeal to both expatriate tenants and owner-occupiers on exit
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Investment Rationale
- Freehold tenure (capital preservation)
- Immediate, contracted income
- International tenant depth
- Large-format unit rarity
- Clear owner-occupier exit strategy
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