Mont Timah

D21 (RCR) 99 yrs lease commencing from 2004
District 21 ·99 yrs lease commencing from 2004 ·Completed 2011
~$913 Avg PSF (12-month)
4.0% Rental yield
32 Total units
Category Ratings
Facilities
5.0
Unit size & layout
8.5
Value for money
6.0
Neighbourhood
6.0
MRT accessibility
7.0
Lease remaining
6.0

Overview & Key Facts

Mont Timah is a boutique strata landed development tucked along Bukit Way in District 21 — the heart of the Bukit Timah corridor. Developed by Maylands Investment Pte Ltd and completed in 2011, it comprises just 32 units on a 99-year lease commencing from 2004. The development sits at the foot of Bukit Timah Hill, surrounded by some of Singapore’s most coveted landed residential enclaves.

With only 32 units, Mont Timah is not a condominium in any conventional sense. It is a strata landed cluster — essentially townhouses and strata terraces sharing common grounds and a gated perimeter. Units average approximately 4,300 sqft of strata area, reflected in the seemingly low $913 psf against a median transaction price of $3.875 million. This is a development where quantum, not psf, is the real measure of entry.

The ultra-low density and landed format give Mont Timah a character closer to a private landed estate than a typical condo. Residents get the space and privacy of a house with the security of gated access — a formula that appeals to a narrow but loyal buyer segment in Singapore’s most established residential district.

Developer
MAYLANDS INVESTMENT PTE LTD
Tenure
99 yrs lease commencing from 2004
Total units
32
TOP year
2011
District
21 — OCR
Street
BUKIT WAY
Lease remaining
~77 years (of 99)

Location & Connectivity

Bukit Way places Mont Timah in the upper Bukit Timah precinct, roughly 600 metres from Beauty World MRT on the Downtown Line. That translates to about an 8-minute walk — not as close as a directly MRT-adjacent condo, but comfortably walkable by Singapore standards. Beauty World MRT connects residents to the Downtown Line, reaching Newton in four stops and Downtown in roughly 20 minutes without transfers.

King Albert Park MRT, also on the Downtown Line, sits 1.38 km away — a secondary option for residents who prefer the Sixth Avenue direction. For drivers, the PIE and BKE are accessible within minutes, putting Orchard Road about 12 minutes away and the CBD around 20 minutes in off-peak conditions.

The immediate surroundings lean heavily residential and green. Bukit Timah Nature Reserve is virtually at the doorstep — Singapore’s primary rainforest, a designated ASEAN Heritage Park, and a daily walking resource for residents who value nature access. The Dairy Farm area, Rifle Range Nature Park, and the Rail Corridor are all within a short drive or cycle.

For daily amenities, Beauty World Centre and the surrounding shophouses provide hawker food, wet market, hardware shops, and neighbourhood services. The upcoming Beauty World rejuvenation plan under URA’s Master Plan promises integrated mixed-use developments that should significantly upgrade retail and dining options in the vicinity over the next decade.

Walkability context
Mont Timah’s walkability score of 32/100 reflects the landed-estate character of Bukit Way — there are no convenience stores or coffee shops at the doorstep. Residents here tend to be car-owning households who prize space and greenery over pedestrian errands. Beauty World MRT at 600m is the one genuinely walkable amenity node.

Schools & Education

Nearby Schools
SchoolTypeDistance
Anglo-Chinese Junior Collegejc~1.1 km
Ngee Ann Polytechnictertiary~1.5 km
Henry Park Primary Schoolprimary~1.8 km

Facilities

With 32 units in a strata landed format, Mont Timah does not — and should not be expected to — offer the amenity breadth of a mass-market condominium. There is no 50-metre lap pool, no tennis court, no function room. What it provides is the fundamentals of a gated estate: 24-hour security, a shared access road, landscaped common grounds, and the structural privacy of individual landed units.

This is by design. Buyers choosing a 32-unit strata landed cluster are explicitly trading communal facilities for private space. Each unit functions as an independent house with its own garden, parking, and outdoor areas. The maintenance contribution covers perimeter security, common landscaping, and shared infrastructure rather than pool heating or gym equipment.

For residents who want pool and gym access, the nearby condominiums along Bukit Timah Road offer guest arrangements, and several private sports clubs (including Bukit Timah Saddle Club and the Swiss Club) are in the vicinity. But realistically, Mont Timah buyers are not facility-seekers — they are privacy-seekers who happen to want strata-title convenience.


Pricing & Market Position

Based on 15 recorded transactions, sale prices range from $3,650,000 to $4,288,888, averaging $3,910,059 (~$913 psf).

Rents range from $9,300 to $18,000 per month across 20 rental transactions. Current rental yield sits at approximately 4.0%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 17.8% (from $798 to $940 psf).

2024
-1.5%
$859 psf
2025
+4.7%
$900 psf
2026
+4.4%
$940 psf

Neighbourhood Comparison

Mont Timah’s competitive set is unusual because it straddles the line between strata landed and high-end condo. The nearby new launches — Reserve Residences ($2,494 psf, 99-yr from 2021, 892 units), Nava Grove ($2,487 psf, 99-yr from 2024, 552 units), and Pinetree Hill ($2,485 psf, 99-yr from 2022, 520 units) — are apartment condominiums offering fresh leases with full facilities at 2.5–2.7x Mont Timah’s psf. But the comparison is misleading: those developments deliver ~1,000–1,400 sqft for $2.5–3.5M, while Mont Timah delivers ~4,300 sqft for $3.9M.

A more apt comparison is KI Residences ($1,953 psf, 999-year, 660 units) and Forett at Bukit Timah ($2,130 psf, freehold, 633 units). Both offer substantially longer tenure in the same corridor, with full condo facilities, at lower psf but also much smaller units. A buyer choosing Mont Timah over these is explicitly choosing space over tenure security and facilities breadth.

For buyers specifically seeking strata landed in Bukit Timah, the alternatives are limited. True freehold cluster housing in the area commands significantly higher quantum — often $5M+ for comparable sizes. Mont Timah’s leasehold discount provides a meaningful entry point for strata landed living in a premium district, but the 77-year lease means this discount will widen as time passes.

Lease comparison matters
Reserve Residences (78 years remaining from 2021 lease), Nava Grove (97 years from 2024), and Pinetree Hill (95 years from 2022) all have substantially more lease runway than Mont Timah’s 77 years. For a property in the $3–4M range, the lease differential has real financing and resale implications over a 15–20 year hold.
District 21 Comparables
DevelopmentTenureTOPUnits~Avg PSF
MONT TIMAH99 yrs lease commencing from 2004201132$913
THE RESERVE RESIDENCES99 yrs lease commencing from 20212023892$2,494
NAVA GROVE99 yrs lease commencing from 20242024552$2,489
PINETREE HILL99 yrs lease commencing from 20222023520$2,486
KI RESIDENCES AT BROOKVALE999 yrs lease commencing from 18852021660$1,955
FORETT@BUKIT TIMAHFreehold2021633$2,130

Lease Decay Analysis

The 99-year lease runs from 2004, meaning approximately 22 years have already been consumed. Roughly 77 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~77 yearsFull bank financing available
2034~69 yearsCPF usage still unrestricted for most buyers
2043~59 yearsApproaching 60-year threshold — CPF limits begin for some
2063~39 yearsSignificant financing restrictions for next buyer
2103ExpiryLease 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 ~67 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates MONT TIMAH across multiple dimensions.

Walkability
32/100
MRT: 15/25, School: 12/20, Hawker: 0/15, Mall: 0/15, Park: 5/10, Supermarket: 0/10, Clinic: 0/5
Investment
65/100
+7.6% YoY ·4.5% yield ·3 txns/yr ·77 yrs left ·0.6 km to MRT ·-7.7% district YoY ·En-bloc 45/100
Profitability
61/100
Win rate: 100 — 3 transaction pairs, 100% profitable, avg +$313,000
En-Bloc Potential
45/100
Verdict: Moderate
Overall ShiokNest Score
44/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

With only 32 units, Mont Timah does not generate the volume of public reviews seen at larger developments. The resident profile skews toward established families — typically Singaporean or PR households with children, at least one domestic helper, and two cars. The Bukit Timah corridor attracts buyers who prioritise school proximity (Anglo-Chinese Junior College at 1.1 km, Henry Park Primary at 1.84 km) and nature access over nightlife or urban convenience.

The strata landed format creates a naturally quiet, low-density living environment. Noise complaints — a common theme in high-rise condo reviews — are largely absent. The trade-off is that with so few units, communal bonds are either very strong or very thin depending on the cohort. Management decisions require consensus from a small group, which can be both an advantage (faster decisions) and a risk (personality-driven disputes).

Rental transactions (20 recorded) show consistent demand at an average of $12,555/month, suggesting a secondary market among expatriate families who want landed living in a good school catchment without committing to a purchase. The 3.96% gross yield is respectable for a landed-format property in District 21.


Strengths & Weaknesses

Strengths
  • Strata landed living — ~4,300 sqft units with private gardens and parking
  • Bukit Timah address in one of Singapore's most established residential corridors
  • Beauty World MRT (DTL) within 600m — walkable for a landed development
  • Adjacent to Bukit Timah Nature Reserve — unmatched green corridor access
  • Ultra-low density (32 units) — privacy and quiet comparable to landed estates
  • Strong rental demand at $12,555/month (3.96% gross yield)
  • Upcoming Beauty World rejuvenation under URA Master Plan
  • Proximity to reputable schools (ACJC 1.1km, Henry Park Primary 1.84km)
  • PSF trend showing upward trajectory ($859 → $940 over recent periods)
Weaknesses
  • Lease at 77 years — drops below critical 75-year CPF threshold in ~2 years
  • High quantum ($3.9M median) limits buyer pool and exit liquidity
  • Only 32 units — thin transaction volume makes price discovery difficult
  • No communal facilities (pool, gym, tennis) — gated security and landscaping only
  • Low walkability (32/100) — car-dependent for daily errands beyond MRT
  • Interior finishings from 2011 may require renovation refresh
  • Competing new launches offer fresh 99-year leases at similar or lower quantum
  • Strata landed format limits future redevelopment or en-bloc potential (45/100)
  • Below-60-year lease threshold approaching in ~17 years — further financing restrictions
Best for — Established families wanting landed space Nature lovers (Bukit Timah Reserve access) Car-owning households (2+ vehicles) Long-term own-stay (15+ year horizon) Expatriate families seeking landed rental School-proximity buyers (ACJC, Henry Park) CPF-dependent buyers Short-term investors (<10 yr horizon) Facility-seeking buyers

Verdict

Mont Timah occupies a niche within a niche. It is a strata landed cluster in Bukit Timah — one of the most desirable residential corridors in Singapore — offering the space of a landed home with gated security and strata-title ownership. For buyers who want 4,000+ sqft of living space, proximity to nature reserves, a Bukit Timah address, and the simplicity of strata management, it delivers on all counts.

The challenge is the lease. At 77 years remaining and dropping below the critical 75-year CPF threshold in just 2 years, financing becomes incrementally harder for future buyers. Below 75 years, CPF usage is capped proportionally, and bank valuations begin to haircut more aggressively. This does not make Mont Timah unbuyable — but it changes the math for anyone relying heavily on CPF for down payment or monthly servicing.

At $3.9 million median, the quantum filters out most of the market. The realistic buyer is a household earning $25,000+ monthly, likely already owning property, and choosing Mont Timah for its lifestyle — not its appreciation potential. The investment score of 65/100 reflects decent fundamentals (Bukit Timah location, rental demand at $12,555/month, 3.96% gross yield) tempered by the lease overhang and limited liquidity of a 32-unit development.

For pure own-stay buyers with a 15–20 year horizon who value space, greenery, and Bukit Timah prestige, Mont Timah remains a compelling proposition. For investors or buyers who may need to exit within 10 years, the lease trajectory makes this a harder recommendation — particularly when competing new launches in the area offer fresh 99-year leases at higher psf but with cleaner exit profiles.

Frequently Asked Questions

What type of development is Mont Timah?
Mont Timah is a strata landed cluster of 32 townhouse-style units along Bukit Way in District 21. Units average approximately 4,300 sqft — significantly larger than typical condo apartments — with private gardens and dedicated parking.
How far is Mont Timah from the nearest MRT station?
Beauty World MRT (Downtown Line) is approximately 600 metres away, or about an 8-minute walk. King Albert Park MRT is 1.38 km away as a secondary option.
What is the remaining lease on Mont Timah?
Mont Timah has a 99-year lease commencing from 2004, leaving approximately 77 years as of 2026. It will cross the 75-year CPF threshold in roughly 2 years, which affects financing for future buyers.
Why is the PSF so low compared to nearby condos?
At ~$913 psf, Mont Timah's figure reflects the very large unit sizes (~4,300 sqft strata landed). The median transaction price is $3.875 million — comparable to or higher than nearby condos in absolute terms. PSF comparisons with apartment-style condos are misleading for landed-format properties.
Does Mont Timah have a swimming pool or gym?
No. As a 32-unit strata landed cluster, Mont Timah provides gated security, shared landscaping, and common access roads but does not include communal recreational facilities like pools, gyms, or function rooms.