THE CORNWALL is a freehold development along CORNWALL GARDENS in District 10 (Bukit Timah / Holland), part of the CCR segment of Singapore's private residential market. The project comprises 99 units and is TOP 2005.
This profile draws on 24 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.
At roughly 21 years from TOP, THE CORNWALL is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 10 (Bukit Timah / Holland), the immediate context for THE CORNWALL 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 24 sales and 183 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE CORNWALL dashboard.
- Average sale price: $2,440,542 across 24 transactions
- Estimated gross rental yield: 2.7%
- District 10 PSF ranking: Mid-range (top 61%)
- Freehold tenure · CCR · D10 · 99 units
About THE CORNWALL
THE CORNWALL is a freehold condominium, located at CORNWALL GARDENS in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region), developed by LUM CHANG DEVELOPMENT PTE LTD, comprising 99 residential units, completed in 2005.
As a freehold property, THE CORNWALL does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE CORNWALL:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 5 | $2,183 psf | $1,418,000 |
| 2 BR | 2 | $1,722 psf | $1,410,000 |
| 3 BR | 6 | $2,022 psf | $2,110,833 |
| 4 BR | 7 | $1,909 psf | $2,961,143 |
| 5+ BR | 4 | $1,779 psf | $3,817,500 |
Sales Market Overview
THE CORNWALL has recorded 24 sale transactions with an average transaction price of $2,440,542, ranging from $1,300,000 to $4,480,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 7 | $1,857 psf | $2,362,143 | — |
| 2022 | 5 | $1,958 psf | $2,408,000 | ↑ 5.4% |
| 2023 | 2 | $1,508 psf | $2,565,000 | ↓ 23.0% |
| 2024 | 2 | $1,807 psf | $2,950,000 | ↑ 19.8% |
| 2025 | 6 | $2,269 psf | $2,403,000 | ↑ 25.5% |
| 2026 | 2 | $1,970 psf | $2,275,000 | ↓ 13.2% |
THE CORNWALL ranks in the top 61% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, THE CORNWALL trades 20% below the segment benchmark.
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Rental Market Overview
THE CORNWALL has recorded 183 rental transactions with monthly rents averaging $5,462/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 51 | $3,487/mo | $2,600/mo | $4,400/mo |
| 2 BR | 87 | $5,322/mo | $4,000/mo | $7,000/mo |
| 3 BR | 24 | $7,029/mo | $6,000/mo | $10,300/mo |
| 4 BR | 21 | $9,043/mo | $4,900/mo | $12,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 36 | $4,494/mo |
| 2022 | 40 | $5,120/mo |
| 2023 | 31 | $5,926/mo |
| 2024 | 34 | $5,950/mo |
| 2025 | 33 | $5,538/mo |
| 2026 | 9 | $7,128/mo |
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Investment Analysis
Based on average rents and sale prices, THE CORNWALL delivers an estimated gross rental yield of 2.7%. 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 THE CORNWALL (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE CORNWALL
- Holland Village MRT
- Farrer Road MRT
- Commonwealth MRT
- Buona Vista MRT
- Buona Vista MRT
- Swiss School Singapore
- Commonwealth Secondary School
- Raffles Girls'
Nearby MRT Stations
THE CORNWALL is 530m from Holland Village MRT (Circle Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Holland Village | CC21 | Circle Line | 530m |
| Farrer Road | CC20 | Circle Line | 920m |
| Commonwealth | EW20 | East-West Line | 1.2 km |
| Buona Vista | EW21 | East-West Line | 1.3 km |
| Buona Vista | CC22 | Circle Line | 1.3 km |
Nearby Schools
There are 16 schools within 2 km of THE CORNWALL.
| School | Type | Distance |
|---|---|---|
| Swiss School Singapore | International | 1.1 km |
| Commonwealth Secondary School | Secondary | 1.2 km |
| Raffles Girls' Primary School | Primary | 1.3 km |
| Hollandse School | International | 1.4 km |
| Lycee Francais de Singapour | International | 1.5 km |
| German European School Singapore | International | 1.5 km |
| Tanglin Trust School | International | 1.5 km |
| River Valley High School | Secondary | 1.7 km |
| River Valley High School (JC) | Jc | 1.7 km |
| Hwa Chong Institution | Secondary | 1.7 km |
| Hwa Chong Institution (JC) | Jc | 1.7 km |
| National Junior College | Secondary | 1.7 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. Holland Village is about 0.53km — 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 99 units, THE CORNWALL 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. Swiss School Singapore sits about 1.12km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
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: THE CORNWALL 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. 24 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 THE CORNWALL?
What is the rental yield for THE CORNWALL?
Is THE CORNWALL freehold or leasehold?
How far is the nearest MRT from THE CORNWALL?
What is the tenure of THE CORNWALL?
How does THE CORNWALL compare to other projects in the district?
What stamp duty applies for a foreign buyer of THE CORNWALL?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 24 transactions analysed
- Rental data: 183 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 THE CORNWALL
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.