Amaryllis Ville

D11 (CCR) 99 yrs lease commencing from 1997
District 11 ·99 yrs lease commencing from 1997 ·Completed 2004
~$2,094 Avg PSF (12-month)
3.0% Rental yield
311 Total units
Category Ratings
Facilities
8.0
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
9.0
MRT accessibility
8.5
Lease remaining
5.0

Overview & Key Facts

Amaryllis Ville is a 311-unit condominium located at 20–22 Newton Road in District 11, within the prestigious Newton-Novena residential enclave. Completed in 2004 on a 99-year lease from 1997, the development was built by Wingrove Investment Pte Ltd and designed by P & T Consultants Pte Ltd. Comprising two prominent 30-storey residential towers, Amaryllis Ville rises as a recognisable twin-tower landmark on Newton Road, delivering commanding city views and full condominium facilities in one of Singapore’s most sought-after central residential neighbourhoods.

The Newton-Novena corridor is one of the most established premium residential districts in Singapore, home to a mix of freehold and leasehold condominiums, heritage shophouses, and Singapore’s most famous hawker centre — Newton Food Centre. At an average transacted price of approximately $2,114 psf, Amaryllis Ville commands solid pricing for D11, though the 99-year lease from 1997 — leaving approximately 70 years remaining — is the development’s most significant consideration. In a neighbourhood where many competing condominiums are freehold or 999-year leasehold, the lease profile requires careful evaluation.

The buyer demographic is diverse — 63.8% Singaporean, 15.9% PR, and 14.3% foreign — reflecting the area’s appeal to both local families drawn by the prestigious school catchment and expatriates seeking central convenience. The rental yield of approximately 3.1% is supported by the dual-MRT access and the neighbourhood’s proven track record with the international tenant community.

Developer
WINGROVE INVESTMENT PTE LTD (WINGTAI HOLDINGS)
Tenure
99 yrs lease commencing from 1997
Total units
311
TOP year
2004
District
11 — CCR
Street
NEWTON ROAD
Lease remaining
~70 years (of 99)

Location & Connectivity

Amaryllis Ville benefits from dual MRT access, sitting between Newton MRT interchange (NS21/DT11) and Novena MRT (NS20). Newton MRT, a dual-line interchange connecting the North-South and Downtown lines, is approximately 400 m away — a 6-minute walk via a pedestrian bridge that connects directly to Newton Hawker Centre. Novena MRT on the North-South Line is accessible via an underground linkway to United Square, providing a rain-sheltered alternative route. This dual-station access gives residents flexibility in their daily commute.

Newton’s School Premium
The Newton-Novena catchment is one of Singapore’s most coveted for primary school enrolment. Amaryllis Ville is within 1 km of Anglo-Chinese School (Junior), Anglo-Chinese School (Barker Road), and St. Joseph’s Institution Junior — three of the most sought-after schools in Singapore’s primary school registration system. This school-proximity advantage is a fundamental driver of residential demand in the Newton area, and historically supports property values even as leases shorten. For families with school-age children, the 1 km catchment for ACS and SJI represents a genuine competitive advantage.

The neighbourhood is self-sufficient and well-provisioned. United Square, approximately a 5-minute walk via the rear gate, provides a supermarket, food court, retail, and childcare facilities. Newton Food Centre — Singapore’s iconic hawker centre — is within a 5-minute walk, and the broader Novena commercial cluster (Velocity @ Novena Square, Square 2, Royal Square) offers additional shopping, dining, and medical services. Tan Tock Seng Hospital and the National Centre for Infectious Diseases are within 1 km, providing comprehensive medical infrastructure.

For drivers, the CTE, PIE, and Bukit Timah Road are all within immediate reach, and Scotts Road provides a direct route to Orchard Road in under 5 minutes. The location strikes a genuine balance between residential tranquillity on Newton Road and proximity to both the Orchard Road lifestyle corridor and the Novena commercial hub.


Schools & Education

4 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
St. Margaret's Primary SchoolprimaryWithin 1 km
St. Margaret's Secondary SchoolsecondaryWithin 1 km
Singapore Chinese Girls' School (Primary)primaryWithin 1 km
Anglo-Chinese School (Primary)primaryWithin 1 km
CHIJ Our Lady Queen of PeaceprimaryWithin 1 km
ACS (Junior)primary~1.1 km
St. Anthony's Primary Schoolprimary~1.1 km
St. Joseph's Institutionsecondary~1.2 km

Facilities

Amaryllis Ville delivers a full suite of condominium facilities across its twin-tower development. The aquatic amenities include a swimming pool, a children’s pool, and dedicated deck areas. Recreational facilities encompass tennis courts, a fully equipped gymnasium, steam rooms, a clubhouse with function rooms, a theatre lounge, fitness and exercise areas, a children’s playground, and landscaped gardens. The two 30-storey towers are connected at the ground level by the shared facility deck, creating a cohesive community space despite the twin-tower configuration.

“The facilities have been very well maintained despite the development being over 20 years old. The management team is responsive and the security guards are friendly and professional. The pool area is clean, the gym has been updated with newer equipment, and the tennis courts are in good condition. For a 311-unit development, there is enough facility space that you rarely feel crowded. The theatre lounge is a nice touch for movie nights.”

— Owner-occupier, 3-bedroom unit (PropertyGuru review)

The 30-storey elevation provides excellent vantage points for higher-floor residents. The towers are oriented to capture views in multiple directions — toward the Novena-Bukit Timah skyline, the Orchard Road corridor, and the Newton hilltop area. 24-hour security with concierge services, CCTV surveillance, and covered car parking complete the amenity package. The MCST has maintained the development to a high standard, and the common areas retain a well-kept appearance that belies the 2004 completion date.


Unit Sizes & Layout

Amaryllis Ville offers a range of configurations from two-bedroom to four-bedroom units across the two 30-storey towers. The unit sizes are generous by contemporary standards, with the two-bedroom units starting at approximately 958 sqft — significantly larger than the 650–750 sqft two-bedrooms typical of newer developments. This spaciousness is a hallmark of the early-2000s design era and remains one of the development’s most compelling advantages for buyers who prioritise living space over new-build finishes.

30-storey panoramic views: Amaryllis Ville’s twin 30-storey towers provide panoramic city views from the mid-floors and above. South-facing units overlook the Newton-Bukit Timah corridor toward Orchard Road, while north-facing units enjoy views over the Novena skyline and toward the Bukit Timah hills. The 30-storey height means that even mid-floor units rise above most surrounding developments, delivering genuinely open sightlines that are a significant differentiator for the Newton-Novena area.

The layouts feature practical proportions with separate kitchens, well-sized bedrooms, and living-dining areas that comfortably accommodate standard furniture configurations. Internal finishes reflect the 2004 era — functional and durable, but buyers acquiring resale units should budget for kitchen and bathroom modernisation. The twin-tower design creates a good range of orientations, and the development’s position along Newton Road means that many stacks benefit from relatively unobstructed frontages on at least one side. The community has a notable proportion of tenanted units, reflecting the area’s strong expatriate rental demand.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR4$1,731$1,136,250
3 BR64$1,926$2,077,043
4 BR2$1,694$2,862,500
5 BR2$1,704$3,851,500

Pricing & Market Position

Based on 72 recorded transactions, sale prices range from $992,000 to $3,950,000, averaging $2,095,886 (~$2,094 psf).

Rents range from $2,700 to $8,500 per month across 368 rental transactions. Current rental yield sits at approximately 3.0%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 20.9% (from $1,691 to $2,044 psf).

2024
+4.9%
$2,020 psf
2025
+4%
$2,101 psf
2026
-2.7%
$2,044 psf

Neighbourhood Comparison

Amaryllis Ville ($2,114 psf, 311 units, 99-year from 1997, ~70 years remaining) competes in D11’s Newton-Novena corridor against developments with significantly longer tenures. Kopar at Newton ($2,300–$2,700 psf, 378 units, 99-year from 2018) is the newest leasehold competitor — directly at Newton MRT with a 22-year lease advantage, modern finishes, and integrated retail, but at a 15–25% PSF premium. For buyers who prioritise new-build condition and a longer lease, Kopar is the direct alternative, though the unit sizes are smaller.

Soleil @ Sinaran ($2,000–$2,400 psf, 417 units, 999-year) at Novena MRT eliminates lease anxiety entirely with its near-perpetual tenure, while offering integrated mall connectivity through Velocity. Newton Suites ($2,200–$2,600 psf, 118 units, freehold) is the boutique freehold option in the immediate vicinity, commanding a premium for permanent ownership. Amaryllis Ville’s competitive advantage is its lower PSF entry point and spacious unit sizes — buyers get more living space per dollar than at any newer competitor. Its weakness is the lease that, at ~70 years remaining, is the shortest among its peers and will become increasingly disadvantageous over time.

District 11 Comparables
DevelopmentTenureTOPUnits~Avg PSF
AMARYLLIS VILLE99 yrs lease commencing from 19972004311$2,094
PULLMAN RESIDENCES NEWTONFreehold2021340$3,074
WATTEN HOUSEFreehold2023180$3,236
SOLEIL @ SINARAN99 yrs lease commencing from 20062011417$1,970
PEAK RESIDENCEFreehold202190$2,489
PARK INFINIA AT WEE NAMFreehold486$2,313

Lease Decay Analysis

The 99-year lease runs from 1997, meaning approximately 29 years have already been consumed. Roughly 70 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~70 yearsFull bank financing available
2027~69 yearsCPF usage still unrestricted for most buyers
2036~59 yearsApproaching 60-year threshold — CPF limits begin for some
2056~39 yearsSignificant financing restrictions for next buyer
2096ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~60 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates AMARYLLIS VILLE across multiple dimensions.

Walkability
78/100
MRT: 25/25, School: 20/20, Hawker: 15/15, Mall: 0/15, Park: 10/10, Supermarket: 3/10, Clinic: 5/5
Investment
66/100
+3.0% YoY ·3.1% yield ·11 txns/yr ·70 yrs left ·0.45 km to MRT ·+3.6% district YoY ·En-bloc 52/100
Profitability
68/100
Win rate: 95 — 21 transaction pairs, 95% profitable, avg +$117,714
En-Bloc Potential
52/100
Verdict: Moderate
Overall ShiokNest Score
65/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We chose Amaryllis Ville primarily for the school catchment — both ACS Junior and SJI Junior are within 1 km, which was critical for our children’s primary school registration. The development itself is very well maintained, the management is attentive, and the security is excellent. The units are spacious by today’s standards, and having Newton MRT and Novena MRT both within walking distance gives us tremendous flexibility.”

— Owner-occupier, 3-bedroom unit (99.co review)

“The location is what keeps me here. Newton Hawker Centre is a 5-minute walk, United Square has everything for daily needs, and I can be at Orchard in 10 minutes by MRT. The development is quiet and peaceful despite being so close to the city centre. The lease is the concern — we are realistic about the fact that with 70 years remaining, this is not a forever home. But for the next 10–15 years, the quality of life here is hard to beat.”

— Owner-occupier, 2-bedroom unit (EdgeProp review)

“I have been renting here for four years and it is a hidden gem for expats. The community is international, the management maintains the facilities beautifully, and the twin towers have a genuine sense of address. The views from the upper floors are spectacular — you can see all the way to Marina Bay on clear evenings. The back gate to United Square and the underground walkway to Novena MRT are incredibly convenient in rainy weather.”

— Tenant, 2-bedroom unit (SingaporeExpats review)

Strengths & Weaknesses

Strengths
  • Dual MRT access — Newton interchange (NSL+DTL) and Novena MRT both within walking distance
  • Premier school catchment — ACS Junior, ACS Barker, and SJI Junior all within 1 km
  • Spacious units from 2004 era — two-bedrooms start at ~958 sqft, significantly larger than newer builds
  • Well-maintained 30-storey twin towers with panoramic city views from upper floors
  • Self-sufficient neighbourhood — United Square, Newton Food Centre, Novena commercial cluster
  • Full condo facilities including tennis courts, pool, gym, steam rooms, and theatre lounge
  • Competitive PSF at ~$2,114 — meaningful discount to newer D11 alternatives
  • Strong expatriate rental demand supported by central location and dual MRT
  • CTE, PIE, and Bukit Timah Road provide excellent expressway connectivity
Weaknesses
  • Approximately 70 years remaining on 99-year lease — shortest tenure among Newton-Novena peers
  • Lease decay increasingly affects CPF usage limits and bank financing terms
  • Competing condos in the area offer freehold, 999-year, or much longer 99-year leases
  • Internal finishes from 2004 may require renovation — especially kitchens and bathrooms
  • Capital appreciation constrained by declining lease compared to freehold/999-year alternatives
  • High proportion of tenanted units — community may feel transient rather than owner-occupied
  • Newton Road frontage can be noisy for lower-floor units facing the main road
Best for — Families prioritising ACS Junior, ACS Barker, or SJI Junior school enrolment Medium-term owner-occupiers (5-10 years) who want spacious central living Expatriates seeking well-facilitated central accommodation with dual MRT access Value buyers who prioritise space per dollar over new-build condition Long-term holders seeking a legacy asset with secure tenure Buyers concerned about lease decay and CPF/financing restrictions Investors comparing lease profiles against freehold D11 alternatives Buyers wanting turnkey, modern finishes without renovation

Verdict

Amaryllis Ville occupies a conflicted but ultimately defensible position in the Newton-Novena market. The location is genuinely premium — dual MRT interchange access, Singapore’s most coveted primary school catchment, self-sufficient neighbourhood amenities, and a central address that commands respect. The facilities are well maintained, the units are spacious, and the 30-storey twin towers deliver the panoramic views and sense of address that lower-rise developments in the area cannot match.

The elephant in the room is the lease. With approximately 70 years remaining on the 99-year tenure from 1997, Amaryllis Ville is entering the zone where lease decay begins to weigh materially on financing, CPF usage, and resale marketability. In a neighbourhood where competitors like Soleil @ Sinaran (999-year), Newton Suites (freehold), and Kopar at Newton (99-year from 2018) offer significantly longer or permanent tenure, the lease comparison is unavoidable. Buyers must honestly assess their holding horizon: for a 5–10 year owner-occupied stay, the lease is manageable; for a legacy asset, freehold alternatives in the same district are worth the premium.

The value proposition crystallises for families who need the ACS/SJI school catchment and want spacious, well-facilitated living at a PSF that undercuts newer D11 launches. At $2,114 psf, Amaryllis Ville is substantially cheaper than Kopar at Newton ($2,300–$2,700 psf) and freehold alternatives that can exceed $3,000 psf. For medium-term owner-occupiers who prioritise space, schools, and central convenience over lease permanence, Amaryllis Ville remains a rational choice in a premium neighbourhood.

Frequently Asked Questions

How many years are left on the Amaryllis Ville lease?
Amaryllis Ville is on a 99-year lease from 1997, leaving approximately 70 years remaining as of 2027. This is below the 75-year threshold where some CPF usage restrictions begin to apply, and well below the lease profile of newer competitors in the Newton-Novena area. Buyers should consult HDB/CPF guidelines and their bank regarding specific financing implications.
Which schools are within 1 km of Amaryllis Ville?
Amaryllis Ville is within 1 km of Anglo-Chinese School (Junior), Anglo-Chinese School (Barker Road), and St. Joseph's Institution Junior — three of the most sought-after primary schools in Singapore. This school catchment is one of the strongest in the Newton-Novena area and is a fundamental driver of residential demand for the development.
How far is Amaryllis Ville from the MRT?
Amaryllis Ville has dual MRT access: Newton MRT interchange (North-South Line + Downtown Line) is approximately 400 m away (6-minute walk via pedestrian bridge), and Novena MRT (North-South Line) is accessible via an underground linkway through United Square. Newton interchange provides connections to two major MRT lines, enhancing citywide connectivity.
Is the lease a concern for buying Amaryllis Ville?
The lease is the most important consideration. With approximately 70 years remaining, Amaryllis Ville has the shortest tenure among Newton-Novena peers. CPF usage may be limited, and bank financing terms may be less favourable than for longer-lease properties. However, for medium-term owner-occupiers (5-10 year hold) who prioritise the school catchment and central location, the lease is manageable. Long-term legacy buyers should consider freehold alternatives.
What is the rental market like?
The rental yield at Amaryllis Ville is approximately 3.1%, supported by the area's strong expatriate community, dual MRT access, and proximity to medical facilities (Tan Tock Seng Hospital, Mount Elizabeth Novena). Rental prices range from approximately $4,999 to $8,800 per month depending on unit size. The development has a significant tenant population, reflecting the area's established rental market.
How does Amaryllis Ville compare to Kopar at Newton?
Kopar at Newton ($2,300-$2,700 psf, 99-year from 2018) is the newest competitor — directly at Newton MRT with modern finishes and approximately 22 years more lease. However, Amaryllis Ville offers significantly larger units at a lower PSF. Choose Kopar for newer condition and longer lease; Amaryllis Ville for space and value, accepting the shorter lease trade-off.