Leedon 2
Leedon 2 is a freehold condominium in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin), within Singapore's Core Central Region (CCR). Completed in 1997, the development comprises 72 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
LEEDON 2 is a freehold condominium at LEEDON ROAD in District 10 (CCR), developed by MULTI-CITY HOLDING (S) PTE LTD, comprising 72 units, completed in 1997.
Location & Connectivity
LEEDON 2 is approximately 170m from Holland Village MRT station, with 5 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Holland Village | Circle Line | 170m |
| Buona Vista | East-West Line | 1 km |
| Buona Vista | Circle Line | 1 km |
| Commonwealth | East-West Line | 1.2 km |
| Farrer Road | Circle Line | 1.3 km |
Schools & Education
18 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Commonwealth Secondary School | Secondary | 1.2 km |
| Lycee Francais de Singapour | International | 1.5 km |
| Swiss School Singapore | International | 1.5 km |
| Hollandse School | International | 1.5 km |
| Hwa Chong Institution | Secondary | 1.5 km |
| Hwa Chong Institution (JC) | JC | 1.5 km |
| Hwa Chong International School | International | 1.6 km |
| Raffles Girls' Primary School | Primary | 1.6 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 4 | $2,088 psf | $1,652,000 |
| 3 BR | 5 | $1,996 psf | $2,288,000 |
Market Position
LEEDON 2 has recorded 9 sales at an average price of $2,005,333.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at LEEDON 2 typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 2 BR | $3,656/mo | $1,652,000 | 2.66% | $221/mo |
| 3 BR | $4,611/mo | $2,288,000 | 2.42% | $202/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,810 psf | — |
| 2022 | 1 | $2,028 psf | ↑ 12.0% |
| 2023 | 1 | $1,984 psf | ↓ 2.2% |
| 2024 | 1 | $2,183 psf | ↑ 10.0% |
| 2025 | 3 | $2,086 psf | ↓ 4.4% |
| 2026 | 1 | $2,255 psf | ↑ 8.1% |
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The latest reading marks the highest point in this series — LEEDON 2 prices have climbed 24.6% since 2021.
Price Index Check
The ShiokNest Price Index for District 10 reads 113.4 as of June 2026 — down 2.0% 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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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | $2,786 psf | 575 |
| D'LEEDON | 99 yrs lease commencing from 2010 | $1,869 psf | 453 |
| D'LEEDON | — | $1,889 psf | 416 |
| HYLL ON HOLLAND | Freehold | $2,649 psf | 328 |
What Could Work Against You
- With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 72-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
The profile fits mrt-walkable commuters, international school families, sea-view / waterfront and long-term hold (10+ yr) best. Located ~174m from Holland Village MRT, this property is a comfortable daily walk for transit commuters.
For foreign / absd-aware buyers and heavy renovation / value seekers, it can work — but weigh the trade-offs before committing.
yield-focused investors and resort facilities should probably look elsewhere. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
LEEDON 2 is a freehold development in District 10 (CCR), with 72 units, offering a gross yield of 2.4%.
At ~$2,128 psf, it reflects its premium CCR positioning.
Explore the full LEEDON 2 dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing LEEDON 2 against staying public? These HDB towns sit within walking or short-drive distance:
- Queenstown — 4-room average $1,002,705 (410m away), an upgrader gap of about $1,000,000
- Bukit Timah — 4-room average $846,049 (1 km away), an upgrader gap of about $1,150,000
FAQ
What is the average PSF for LEEDON 2?
Is LEEDON 2 freehold?
What is the rental yield for LEEDON 2?
Which MRT is nearest to LEEDON 2?
Sources & Next Steps
- LEEDON 2 Dashboard — Live charts and analytics
- URA — Official transaction data
- District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) — District 10 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 9 transactions
- Rental data: 147 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jan 2026 · 9 records analysed · Source: URA private-sale caveats