Madison Residences

D10 (CCR) Freehold

Located in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin), Madison Residences is a freehold condominium in the Core Central Region (CCR). Completed in 2012, the development comprises 56 units. Sale and rental figures on this page are compiled from URA transaction records.

District 10 · Freehold · Completed 2012
~$2,636Avg PSF (12-month)
56Total units
Category Ratings
Facilities
7.0
Unit size & layout
8.5
Value for money
6.5
Neighbourhood
8.5
MRT accessibility
9.0
Lease remaining
10.0

Overview & Key Facts

MADISON RESIDENCES is a freehold condominium at BUKIT TIMAH ROAD in District 10 (CCR), developed by KEPPEL LAND REALTY PTE LTD, comprising 56 units, completed in 2012.

Developer
KEPPEL LAND REALTY PTE LTD
Tenure
Freehold
Total units
56
TOP year
2012
District
10 — CCR
Street
BUKIT TIMAH ROAD

Location & Connectivity

MADISON RESIDENCES is approximately 470m from Stevens MRT station, with 6 stations within 1.5 km.

MRT stations near MADISON RESIDENCES
StationLineDistance
StevensDowntown Line470m
StevensThomson-East Coast Line470m
NewtonNorth-South Line1 km
NewtonDowntown Line1 km
Mount PleasantThomson-East Coast Line1.1 km
NapierThomson-East Coast Line1.5 km

Schools & Education

17 schools within 2 km (4 within 1 km priority zone).

Schools near MADISON RESIDENCES
SchoolTypeDistance
Anglo-Chinese School (Primary)Primary680m
Singapore Chinese Girls' School (Primary)Primary740m
St. Joseph's InstitutionSecondary940m
ISS International School (Preston)International940m
ISS International School (Paterson)International1 km
Nanyang Girls' High SchoolSecondary1.2 km
St. Anthony's Primary SchoolPrimary1.2 km
Nanyang Primary SchoolPrimary1.2 km

Unit Mix & Pricing

Unit mix for MADISON RESIDENCES
TypeSalesAvg PSFAvg Price
4 BR6$2,456 psf$3,848,667
5+ BR1$2,113 psf$6,800,000

Market Position

MADISON RESIDENCES has recorded 7 sales at an average price of $4,270,286.

MADISON RESIDENCES sits at the 73rd percentile of District 10 condo PSF.
$2,636 psf
Avg PSF (12mo)
$4,270,286
Avg Price
2.5%
Gross Yield
7
Total Sales

Price Appreciation

PSF trend for MADISON RESIDENCES
YearSalesAvg PSFChange
20212$2,154 psf
20222$2,316 psf↑ 7.5%
20252$2,635 psf↑ 13.8%
20261$2,637 psf↑ 0.1%

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MADISON RESIDENCES prices sit at a fresh series high, now 22.4% above the 2021 starting level.

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

District 10 competitors
CondoTenureAvg PSFSales
SKYE AT HOLLAND99 yrs lease commencing from 2024$2,946 psf666
LEEDON GREENFreehold$2,786 psf575
D'LEEDON99 yrs lease commencing from 2010$1,869 psf453
D'LEEDON$1,889 psf416
HYLL ON HOLLANDFreehold$2,649 psf328

What Could Work Against You

  • Only 2 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 56 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

The profile fits mrt-walkable commuters, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units) best. Located ~475m from Stevens MRT, this property is a comfortable daily walk for transit commuters.

For empty nesters / downsizers and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

yield-focused investors and short-term flippers (<5 yr) should probably look elsewhere. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

MADISON RESIDENCES is a freehold development in District 10 (CCR), with 56 units, offering a gross yield of 2.5%.

At ~$2,636 psf, it reflects its premium CCR positioning.

Explore the full MADISON RESIDENCES dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing MADISON RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (1.6 km away), an upgrader gap of about $3,400,000
  • Toa Payoh — 4-room average $929,793 (1.9 km away), an upgrader gap of about $3,350,000

FAQ

What is the average PSF for MADISON RESIDENCES?
The 12-month average is approximately $2,636 psf.
Is MADISON RESIDENCES freehold?
Yes, MADISON RESIDENCES is a freehold property.
What is the rental yield for MADISON RESIDENCES?
The estimated gross yield is 2.5%.
Which MRT is nearest to MADISON RESIDENCES?
The nearest is Stevens MRT at 470m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 7 transactions
  • Rental data: 60 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of January 2026

Latest recorded data point: Jan 2026 · 7 records analysed · Source: URA private-sale caveats