MUTIARA CREST is a freehold development along JALAN MUTIARA in District 10 (Bukit Timah / Holland), part of the CCR segment of Singapore's private residential market. The project comprises 37 units and is TOP 2000.
This profile draws on 7 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 10 (Bukit Timah / Holland), the immediate context for MUTIARA CREST is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 7 sales and 50 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MUTIARA CREST dashboard.
- Average sale price: $3,052,857 across 7 transactions
- Estimated gross rental yield: 2.1%
- District 10 PSF ranking: Mid-range (top 64%)
- Freehold tenure · CCR · D10 · 37 units
About MUTIARA CREST
MUTIARA CREST is a freehold condominium, located at JALAN MUTIARA in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region), developed by SB DEVELOPMENT PTE LTD, comprising 37 residential units, completed in 2000.
As a freehold property, MUTIARA CREST does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MUTIARA CREST:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 6 | $2,026 psf | $2,678,333 |
| 5+ BR | 1 | $1,331 psf | $5,300,000 |
Sales Market Overview
MUTIARA CREST has recorded 7 sale transactions with an average transaction price of $3,052,857, ranging from $2,350,000 to $5,300,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,665 psf | $3,383,333 | — |
| 2022 | 1 | $1,948 psf | $2,600,000 | ↑ 17.0% |
| 2025 | 3 | $2,182 psf | $2,873,333 | ↑ 12.0% |
MUTIARA CREST ranks in the top 64% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, MUTIARA CREST trades 21.3% below the segment benchmark.
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Rental Market Overview
MUTIARA CREST has recorded 50 rental transactions with monthly rents averaging $5,340/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 9 | $3,083/mo | $2,200/mo | $4,100/mo |
| 3 BR | 37 | $4,893/mo | $3,000/mo | $7,800/mo |
| 4 BR | 4 | $14,550/mo | $10,000/mo | $23,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 7 | $3,857/mo |
| 2022 | 8 | $3,938/mo |
| 2023 | 12 | $6,442/mo |
| 2024 | 9 | $5,276/mo |
| 2025 | 11 | $5,764/mo |
| 2026 | 3 | $6,767/mo |
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Investment Analysis
Based on average rents and sale prices, MUTIARA CREST delivers an estimated gross rental yield of 2.1%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 10
Side-by-side comparison against the most actively traded condos in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | 666 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | 638 | $2,785 psf | 570 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 1703 | $1,858 psf | 433 |
| HYLL ON HOLLAND | Freehold | 319 | $2,648 psf | 327 |
| FOURTH AVENUE RESIDENCES | 99 yrs lease commencing from 2018 | 476 | $2,465 psf | 296 |
Location Map
Map shows MUTIARA CREST (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MUTIARA CREST
- Great World MRT
- Orchard Boulevard MRT
- Havelock MRT
- Orchard MRT
- Orchard MRT
- Kheng Cheng School
- Gan Eng Seng Primary School
- Gan Eng Seng School
Nearby MRT Stations
MUTIARA CREST is 510m from Great World MRT (Thomson-East Coast Line), with 8 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Great World | TE15 | Thomson-East Coast Line | 510m |
| Orchard Boulevard | TE13 | Thomson-East Coast Line | 800m |
| Havelock | TE16 | Thomson-East Coast Line | 900m |
| Orchard | NS22 | North-South Line | 970m |
| Orchard | TE14 | Thomson-East Coast Line | 970m |
| Tiong Bahru | EW17 | East-West Line | 1.1 km |
| Somerset | NS23 | North-South Line | 1.2 km |
| Napier | TE12 | Thomson-East Coast Line | 1.5 km |
Nearby Schools
There are 17 schools within 2 km of MUTIARA CREST, including 3 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Kheng Cheng School | Primary | 550m |
| Gan Eng Seng Primary School | Primary | 820m |
| Gan Eng Seng School | Secondary | 830m |
| Fairfield Methodist School (Primary) | Primary | 1.1 km |
| River Valley Primary School | Primary | 1.2 km |
| Chatsworth International School (Orchard) | International | 1.2 km |
| CHIJ (Kellock) | Primary | 1.3 km |
| Tanglin Secondary School | Secondary | 1.3 km |
| Henderson Secondary School | Secondary | 1.3 km |
| St. Anthony's Primary School | Primary | 1.5 km |
| Outram Secondary School | Secondary | 1.5 km |
| ISS International School (Paterson) | International | 1.6 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Walking-distance MRT. Great World is about 0.51km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
Boutique character. With 37 units, MUTIARA CREST keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Kheng Cheng School sits about 0.55km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 7 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: MUTIARA CREST hits the three structural levers that anchor long-term Singapore residential value: a prime district position, walkable MRT, and a long balance lease. Premium pricing is the trade-off; buyers paying that premium are buying scarcity rather than yield. 7 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 8-15 years to absorb full cycle and capture the prime-district capital-appreciation thesis. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for MUTIARA CREST?
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Is MUTIARA CREST freehold or leasehold?
How far is the nearest MRT from MUTIARA CREST?
What is the tenure of MUTIARA CREST?
How does MUTIARA CREST compare to other projects in the district?
What stamp duty applies for a foreign buyer of MUTIARA CREST?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 7 transactions analysed
- Rental data: 50 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for MUTIARA CREST
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.