Wilshire Residences sits on Farrer Road in District 10 — the Bukit Timah / Farrer Road belt that anchors one of Singapore’s most entrenched school-and-bungalow catchments. Completed in 2021 by Roxy-Pacific and TE2 Development on the former Wilshire estate, the project holds 85 units on freehold tenure, a combination the Singapore Land Authority classifies as the most durable land title available in Singapore. The pitch is narrow and unapologetic: freehold land, a boutique unit count, Core Central Region (CCR) postcode, and proximity to Farrer Road MRT and the Nanyang Primary catchment for buyers who want a long-duration D10 hold rather than a leverage-driven flip.
Snapshot as of 2026-05 — figures above reflect publicly available URA/HDB data at the time of this editorial review (as of 2026-05).
District 10 covers Bukit Timah, Holland Road, Tanglin, and the Farrer Road / Coronation belt — one of the three sub-markets the Urban Redevelopment Authority tracks under the CCR private price index. CCR has lagged both RCR and OCR in capital growth since the 2018 and 2023 ABSD recalibrations, which lifted foreign-buyer stamp duty to 60% and reset the demand mix that historically anchored prime pricing. Wilshire Residences inhabits that softer pricing regime but on land terms most CCR competitors cannot match: freehold tenure within a tightly built-up Good Class Bungalow fringe where redevelopment supply is structurally constrained. Farrer Road MRT on the Circle Line is a short walk; Empress Market is a daily-needs anchor; Holland Village on the same line is one stop away. New launch supply in the immediate radius is thin, which is the bull case for boutique freehold holdings of this scale.
We track 70 sales and 62 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the WILSHIRE RESIDENCES dashboard.
- Average sale price: $2,133,581 across 70 transactions
- Estimated gross rental yield: 2.5%
- District 10 PSF ranking: Premium tier (top 18%)
- Freehold tenure · CCR · D10 · 85 units
About WILSHIRE RESIDENCES
WILSHIRE RESIDENCES is a freehold condominium, located at FARRER ROAD in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region), comprising 85 residential units, completed in 2021.
As a freehold property, WILSHIRE RESIDENCES does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at WILSHIRE RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 3 | $2,616 psf | $1,211,000 |
| 1 BR | 10 | $2,545 psf | $1,643,690 |
| 2 BR | 48 | $2,662 psf | $2,063,266 |
| 3 BR | 8 | $2,685 psf | $3,331,125 |
| 4 BR | 1 | $2,420 psf | $3,595,000 |
Sales Market Overview
WILSHIRE RESIDENCES has recorded 70 sale transactions with an average transaction price of $2,133,581, ranging from $1,200,000 to $3,595,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 25 | $2,498 psf | $1,908,365 | — |
| 2022 | 24 | $2,691 psf | $2,165,500 | ↑ 7.7% |
| 2023 | 20 | $2,761 psf | $2,380,729 | ↑ 2.6% |
| 2024 | 1 | $2,727 psf | $2,055,000 | ↓ 1.2% |
WILSHIRE RESIDENCES ranks in the top 18% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, WILSHIRE RESIDENCES trades 8% above the segment benchmark.
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Rental Market Overview
WILSHIRE RESIDENCES has recorded 62 rental transactions with monthly rents averaging $4,502/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 19 | $4,574/mo | $2,900/mo | $7,800/mo |
| 1 BR | 11 | $3,455/mo | $3,100/mo | $3,700/mo |
| 2 BR | 27 | $4,587/mo | $3,900/mo | $6,200/mo |
| 3 BR | 3 | $5,400/mo | $5,200/mo | $5,500/mo |
| 4 BR | 2 | $7,100/mo | $7,000/mo | $7,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2023 | 5 | $5,460/mo |
| 2024 | 27 | $4,269/mo |
| 2025 | 21 | $4,586/mo |
| 2026 | 9 | $4,478/mo |
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Investment Analysis
Based on average rents and sale prices, WILSHIRE RESIDENCES delivers an estimated gross rental yield of 2.5%. 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 WILSHIRE RESIDENCES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- WILSHIRE RESIDENCES
- Farrer Road MRT
- Holland Village MRT
- Commonwealth MRT
- Tan Kah Kee MRT
- Raffles Girls'
- Swiss School Singapore
- German European School Singapore
Nearby MRT Stations
WILSHIRE RESIDENCES is 570m from Farrer Road MRT (Circle Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Farrer Road | CC20 | Circle Line | 570m |
| Holland Village | CC21 | Circle Line | 970m |
| Commonwealth | EW20 | East-West Line | 1.4 km |
| Tan Kah Kee | DT8 | Downtown Line | 1.4 km |
Nearby Schools
There are 19 schools within 2 km of WILSHIRE RESIDENCES, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Raffles Girls' Primary School | Primary | 850m |
| Swiss School Singapore | International | 860m |
| German European School Singapore | International | 1.2 km |
| Hollandse School | International | 1.4 km |
| Commonwealth Secondary School | Secondary | 1.4 km |
| Lycee Francais de Singapour | International | 1.5 km |
| National Junior College | Secondary | 1.6 km |
| National Junior College | Jc | 1.6 km |
| Tanglin Trust School | International | 1.6 km |
| Nanyang Primary School | Primary | 1.7 km |
| Nanyang Girls' High School | Secondary | 1.8 km |
| Methodist Girls' School (Primary) | Primary | 1.9 km |
- Freehold tenure on prime land — no lease-decay discount to model, full CPF and bank financing latitude indefinitely, and a structural premium versus the 99-year leasehold stock that dominates new CCR launches. Stress-test the gap against any leasehold alternative using our Lease Decay Calculator.
- Circle Line access at Farrer Road — the MRT entrance is within an easy walk, putting Holland Village, Botanic Gardens, and Bishan on a one-seat ride. Compare door-to-door commute timings against neighbouring projects in our side-by-side tool.
- Top school catchment — the address sits within the 1km Nanyang Primary priority zone, with Raffles Girls’ Secondary and Hwa Chong Institution in the broader belt. School proximity is one of the most durable demand drivers in Singapore residential pricing.
- Boutique scarcity — 85 units means low resale float. In a stabilising CCR, thin supply can support price discovery when a comparable unit transacts, unlike 600-unit projects where concurrent listings cap the ceiling.
- District 10 brand recognition — address premium with private bankers, expatriate tenants, and the secondary buyer pool. See the full segment in our District 10 profile and the price heatmap.
- ABSD-compressed exit liquidity — the IRAS ABSD schedule imposes 60% on foreigners and 20% on PRs buying their first residential property. D10 boutique freehold stock historically drew on this exact pool. Singapore citizens on their second purchase pay 20%, thinning the upgrader bid as well.
- Boutique resale velocity — with 85 units, expect only a handful of transactions per year. Price discovery is lumpy; a single motivated seller can reset the comp set for 12–18 months. Quantum at this address is large, narrowing the buyer pool further.
- Maintenance load per unit — small developments amortise lift, façade, pool, and security costs across fewer households. Expect monthly maintenance fees materially above the islandwide median for comparable square footage.
- CCR underperformance cycle — URA quarterly indices show CCR lagging the broader private price index since 2022. Mean-reversion is the bull thesis, but the timing is not contractual and rate-cycle dynamics can extend the lag.
- Premium entry quantum — freehold D10 pricing means a higher absolute capital outlay than a comparable leasehold RCR alternative, which compresses gross yield and lengthens the breakeven horizon. Model the tradeoff in our Buy vs Rent tool.
Wilshire Residences is built for the buyer who values land tenure, school catchment, and address above yield arithmetic. The natural fit is a Singapore citizen owner-occupier — a young family targeting Nanyang Primary, an established couple, or a downsizer from a nearby landed home — planning a 10-plus-year hold and comfortable that capital growth may be modest while the ABSD regime remains in force. It also suits a long-horizon investor parking capital in scarce D10 freehold stock and willing to underwrite a sub-3% gross yield in exchange for tenure and brand. It is a poor fit for first-timer upgraders chasing quantum efficiency, yield-led investors who can buy two RCR units for one Wilshire unit, or anyone who needs liquid exit within five years — 85-unit boutique projects do not transact on demand. Run your numbers through our Buy vs Rent and Affordability tools, and benchmark school-zone demand on the schools map before committing.
Wilshire Residences is a credible long-duration D10 hold for buyers who price freehold tenure, school catchment, and a CCR address above near-term capital growth or yield. The freehold land title is the structural anchor; the 85-unit count is simultaneously its scarcity premium and its liquidity tax. We would not buy this for yield, for a five-year flip, or as a first investment property. We would consider it as a generational allocation for a Singapore citizen owner-occupier with school-zone intent and the cash flow to absorb a modest yield while the ABSD cycle compresses CCR pricing. Negotiate hard on quantum — CCR remains a buyer’s market in 2026, and boutique resale stock rewards patient bidders.
FAQ
What is the average price for WILSHIRE RESIDENCES?
What is the rental yield for WILSHIRE RESIDENCES?
Is WILSHIRE RESIDENCES freehold or leasehold?
How does the 85-unit size affect resale liquidity?
Which MRT and schools are nearby?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 70 transactions analysed
- Rental data: 62 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 WILSHIRE RESIDENCES
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 WILSHIRE RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Timah — 4-room average $846,049 (370m away), an upgrader gap of about $1,300,000
- Queenstown — 4-room average $1,002,705 (700m away), an upgrader gap of about $1,150,000