THE LOFT is a 72-year balance leasehold development along NASSIM HILL in District 10 (Bukit Timah / Holland), part of the CCR segment of Singapore's private residential market. The project comprises 77 units and is TOP 2002.
This profile draws on 20 recorded transactions from URA 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 24 years from TOP, THE LOFT 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 LOFT 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 20 sales and 109 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE LOFT dashboard.
- Average sale price: $2,823,944 across 20 transactions
- Estimated gross rental yield: 2.9%
- District 10 PSF ranking: Above average (top 49%)
- 99 yrs lease commencing from 1999 · CCR · D10 · 77 units
About THE LOFT
THE LOFT is a 99 yrs lease commencing from 1999 condominium, located at NASSIM HILL in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region), developed by CAPITALAND RESIDENTIAL LTD, comprising 77 residential units, completed in 2002.
With approximately 72 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE LOFT:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $2,215 psf | $1,780,000 |
| 3 BR | 8 | $2,078 psf | $2,498,750 |
| 4 BR | 9 | $2,093 psf | $3,233,210 |
| 5+ BR | 1 | $1,903 psf | $3,830,000 |
Sales Market Overview
THE LOFT has recorded 20 sale transactions with an average transaction price of $2,823,944, ranging from $1,780,000 to $3,900,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 5 | $1,841 psf | $2,525,778 | — |
| 2022 | 4 | $2,066 psf | $3,315,000 | ↑ 12.2% |
| 2023 | 3 | $2,198 psf | $2,220,000 | ↑ 6.4% |
| 2024 | 3 | $2,127 psf | $3,043,333 | ↓ 3.3% |
| 2025 | 4 | $2,305 psf | $3,150,000 | ↑ 8.4% |
| 2026 | 1 | $2,129 psf | $2,200,000 | ↓ 7.6% |
THE LOFT ranks in the top 49% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, THE LOFT trades 14.6% below the segment benchmark.
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Rental Market Overview
THE LOFT has recorded 109 rental transactions with monthly rents averaging $6,929/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 9 | $4,178/mo | $3,600/mo | $4,700/mo |
| 2 BR | 40 | $6,104/mo | $4,400/mo | $8,200/mo |
| 3 BR | 60 | $7,891/mo | $6,000/mo | $13,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 26 | $5,727/mo |
| 2022 | 22 | $6,542/mo |
| 2023 | 21 | $7,743/mo |
| 2024 | 16 | $7,463/mo |
| 2025 | 18 | $7,528/mo |
| 2026 | 6 | $7,483/mo |
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Investment Analysis
Based on average rents and sale prices, THE LOFT delivers an estimated gross rental yield of 2.9%. 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 | $2,786 psf | 571 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 1703 | $1,861 psf | 438 |
| 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 LOFT (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE LOFT
- Napier MRT
- Orchard Boulevard MRT
- Orchard MRT
- Orchard MRT
- Stevens MRT
- Methodist Girls'
- Methodist Girls'
- Chatsworth International School (Orchard)
Nearby MRT Stations
THE LOFT is 80m from Napier MRT (Thomson-East Coast Line), with 6 stations within 1.5 km.
Nearby Schools
There are 16 schools within 2 km of THE LOFT, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Methodist Girls' School | Secondary | 210m |
| Methodist Girls' School (Primary) | Primary | 340m |
| Chatsworth International School (Orchard) | International | 450m |
| Tanglin Secondary School | Secondary | 550m |
| ISS International School (Paterson) | International | 670m |
| ISS International School (Preston) | International | 750m |
| Nanyang Primary School | Primary | 890m |
| Nanyang Girls' High School | Secondary | 1.2 km |
| CHIJ (Kellock) | Primary | 1.3 km |
| St. Anthony's Primary School | Primary | 1.3 km |
| Swiss School Singapore | International | 1.5 km |
| River Valley Primary School | Primary | 1.5 km |
Adequate lease horizon. Around 72 years of remaining lease keeps CPF eligibility intact and supports standard 30-year loan tenor for most buyer profiles. Within a 5-10 year hold, lease-decay effects are negligible; beyond that, monitor the year-60 threshold for CPF usage caps.
Genuine walk-to-MRT access. Napier sits about 0.08km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 77 units, THE LOFT 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. Methodist Girls' School sits about 0.21km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Lease tenor below 75 years. With roughly 72 years remaining, CPF usage starts to be capped (the 95-year rule reduces utilisation as lease decays), and bank loan tenor compresses correspondingly. The resale buyer pool narrows toward older buyers with shorter horizons.
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.
- ⚠️ Young couple, first home: Lease horizon constrains long-hold optionality
- ✅ Family with school-age kids: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ⚠️ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ⚠️ Long-term hold (10+ yr): Plan exit timing around lease-decay thresholds
Composite assessment: THE LOFT benefits from MRT proximity but the lease horizon or district position requires careful exit-timing planning. Active management of the hold matters more than passive accumulation. 20 transactions in URA provide the data foundation for this view.
Suggested holding period for most buyer profiles: 5-8 years with monitored exit windows. 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 LOFT?
What is the rental yield for THE LOFT?
Is THE LOFT freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 20 transactions analysed
- Rental data: 109 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 LOFT
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 1,955 condo transactions recorded in District 10 over the last 12 months, 50% resale, 48% new sale, 2% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
1 active Government Land Sales site in District 10 could add roughly 180 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Holland Plain | — | ~180 | Reserve | Available |
HDB Alternatives Nearby
Weighing THE LOFT against staying public? These HDB towns sit within walking or short-drive distance:
- Queenstown — 4-room average $1,002,705 (1.6 km away), an upgrader gap of about $1,800,000
- Bukit Merah — 4-room average $894,787 (1.8 km away), an upgrader gap of about $1,950,000
- Bukit Timah — 4-room average $846,049 (1.9 km away), an upgrader gap of about $2,000,000