Oue Twin Peaks

Overview & Key Facts

OUE Twin Peaks is a 99-year leasehold luxury condominium at 33 Leonie Hill Road in District 9, developed by OUE Limited and completed in 2015. The development comprises 462 units across two striking 36-storey towers perched on Leonie Hill — a quiet, tree-lined residential street that sits elevated above the commercial energy of Orchard Road. With the lease commencing from 2010, approximately 83 years of tenure remain, providing a comfortable runway for financing and CPF purposes.

OUE Twin Peaks was conceived as a designer luxury product, and every element reflects this intent. Each of the 462 apartments comes fully furnished with pieces by renowned designers including Hans Wegner, Charles & Ray Eames, Tom Dixon, and Matthew Hilton. The tropical gardens were designed by Bill Bensley, an internationally acclaimed landscape architect known for his resort projects. The development has won the London Design Award and a Skyrise Greenery Award, recognising both its interior design excellence and its integration of vertical greenery into the tower facades.

Stacked Homes notes that the buyer profile is diverse: 54% Singaporean, 18% Permanent Resident, and 23% foreign, with 5% company purchases. This international mix reflects the development’s positioning as a lifestyle-forward luxury product that appeals to design-conscious buyers from both local and overseas markets. The fully furnished concept reduces the friction of ownership and makes it particularly attractive for expatriates and investors who want a turnkey, move-in-ready luxury home.

Location & Connectivity

Leonie Hill Road is one of District 9’s most desirable residential addresses, offering the paradox of Orchard Road proximity with residential tranquillity. Great World MRT (Thomson-East Coast Line) is approximately 300 metres away, providing direct access to the Marina Bay CBD without transfers. Orchard MRT (North-South and Thomson-East Coast Lines) is within a 10-minute walk, adding North-South Line connectivity. The recent opening of the Thomson-East Coast Line has been a significant uplift for the Leonie Hill area, placing it within walking distance of two stations on one of Singapore’s newest rail lines.

The Orchard Road shopping belt is literally at the base of the hill — ION Orchard, Forum The Shopping Mall, and Great World City are all within a 5–10 minute walk. For residents, this means world-class retail, dining, and entertainment are an evening stroll away, while the elevated Leonie Hill address provides a buffer from the commercial bustle. The Singapore River and Robertson Quay dining strip are accessible on foot, and the Botanic Gardens are a short drive or bus ride away.

Daily amenities beyond luxury retail are adequately served. Great World City houses a Cold Storage supermarket, food court, and range of services. Clarke Quay and Robertson Quay provide extensive dining options. For healthcare, Gleneagles Hospital and Mount Elizabeth Hospital are both within a 5-minute drive. The international school cluster along Tanglin Road serves the development’s significant expatriate demographic.

Schools & Education

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

Facilities

OUE Twin Peaks’ facilities are designed to complement the designer luxury positioning. The resort-style swimming pool is set within Bill Bensley’s tropical landscaping, surrounded by lush planting and artful lighting. Jet spas, exclusive dining suites, and state-of-the-art triple-volume sky gyms provide premium recreational options. The crown jewel is the pair of open-air Sky Loggias on the 36th storey, which — together with a rooftop bar — offer panoramic city views that rival any private members’ club in the Orchard district.

“Excellent, well-maintained facilities. A 5-minute walk to the bustling Orchard/Somerset, but tucked in a quiet and peaceful street away from the buzz. High-class finishing with a no-expenses-spared feel right up to the lobby.”

— Resident review via PropertyGuru

The facilities benefit from the development’s design-forward ethos — they are not just functional but aesthetically curated. The sky gym occupies a dramatic triple-height space with floor-to-ceiling windows, making workouts feel like a luxury experience rather than a chore. The rooftop bar and Sky Loggias are genuine entertaining spaces that compete with commercial venue alternatives. Maintenance standards are high, consistent with the premium positioning and the service fees that residents pay.

Unit Sizes & Layout

OUE Twin Peaks offers a mix of 1-bedroom, 2-bedroom, and 3-bedroom configurations across its twin towers. Unit sizes range from approximately 560 sqft for 1-bedrooms to approximately 1,500 sqft for 3-bedroom units. The defining characteristic is the full designer furnishing — every unit comes equipped with curated furniture, fixtures, and fittings from internationally recognised designers. This is not token staging; these are permanent, built-in design elements that define the living experience. Recent transactions average $1,913–$2,463 PSF, with an overall average of approximately $2,229 PSF.

The trade-off for designer aesthetics is that unit sizes are modest for the price point. One-bedroom units at 560 sqft and 2-bedrooms at 700–900 sqft are compact by luxury standards, and the pre-furnished nature of the units limits customisation options. Some residents have noted that the designer furniture, while visually striking, is not always optimised for daily functionality — the pull-out sofa in the 1-bedroom units, for example, has been described as uncomfortable for regular sleeping use. The 36-storey height means upper-floor units command spectacular panoramic views across the Orchard skyline and beyond.

Pricing & Market Position

Across 81 recorded transactions (all-time), sale prices range from $1,050,000 to $4,314,760, averaging $2,163,805.

Over the last 12 months, transactions averaged $2,175 psf.

Rents range from $2,900 to $16,000 per month across 1,314 rental transactions. Current rental yield sits at approximately 3.4%.

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at OUE TWIN PEAKS 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:

Price Appreciation

From 2021 to 2026, the average PSF has declined by 8.2% (from $2,377 to $2,181 psf).

Neighbourhood Comparison

The most instructive comparison is with Aspen Heights ($2,200–$2,400 PSF), the 999-year leasehold development on River Valley Road. Aspen Heights offers significantly larger units and near-perpetual tenure at a comparable PSF, but requires renovation and lacks the designer finishings and modern facilities of OUE Twin Peaks. The choice is a clear philosophical divide: vintage space and tenure (Aspen Heights) versus contemporary design and lifestyle (Twin Peaks).

Among newer luxury peers, RV Altitude ($2,800+ PSF) on River Valley Road offers freehold tenure and a newer build, but at a higher PSF and without the designer furnishing concept. Martin Modern ($2,500+ PSF, 99 years from 2015) provides larger units and extensive facilities at a similar lease vintage, but lacks the Orchard Road doorstep convenience. OUE Twin Peaks’ differentiation lies in its fully furnished, design-branded identity and its 4.2% yield — a combination that gives it a distinctive position in the District 9 luxury segment.

Lease Decay Analysis

The 99-year lease runs from 2010, meaning approximately 16 years have already been consumed. Roughly 83 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

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 ~73 years remaining, which is still very bankable. The risk profile changes for longer holds.

ShiokNest Scores

Our proprietary scoring system evaluates OUE TWIN PEAKS across multiple dimensions.

What Residents Say

“A 5-minute walk to Orchard/Somerset but tucked in a quiet and peaceful street away from the buzz. High-class finishing with a no-expenses-spared feel. The sky gym and rooftop facilities are genuinely special.”

— Owner review via PropertyGuru

“Living in a one-bedroom unit — it is a triumph of form over function. The pull-out sofa is small and uncomfortable, water pressure has been an issue, and there are no power points in the kitchen for appliances like toasters or coffee machines.”

— 1-bedroom resident via 99.co

“The rooftop bar and Sky Loggia are perfect for entertaining. The designer furniture gives the apartment character that most new condos completely lack. Great World MRT has been a game-changer for commuting.”

— Long-term tenant via EdgeProp

Resident feedback reflects the development’s designed personality. Those who appreciate the aesthetic and lifestyle elements — designer furnishings, sky gym, rooftop entertaining, Orchard proximity — are enthusiastic advocates. Those who prioritise functional comfort over design find the compact layouts and pre-furnished constraints frustrating, particularly in the smaller 1-bedroom units. The 4.3/5 rating on PropertyGuru leans positive, with facilities, location, and finishing quality as the consistent highlights. The negatives focus on functionality trade-offs in smaller units and the single entrance/exit onto Leonie Hill Road, which some drivers find inconvenient.

Strengths & Weaknesses

Verdict

OUE Twin Peaks occupies a distinctive niche in Singapore’s luxury market: a designer-branded, fully furnished development with genuine Orchard Road proximity and a 4.2% gross rental yield. The combination of Bill Bensley landscaping, designer furniture, rooftop entertaining spaces, and Great World MRT doorstep access creates a lifestyle proposition that appeals strongly to design-conscious professionals, expatriates seeking turnkey luxury, and investors looking for high-yield Orchard-adjacent assets.

The principal limitation is the 99-year lease in a corridor where freehold options abound. At $2,229 PSF average, OUE Twin Peaks is priced below freehold neighbours like Nouvel 18 and Ardmore Park, but the 83-year remaining lease means it will face increasing competitive pressure from perpetual-tenure alternatives as the decades pass. The unit sizes, while well-designed, are compact for the price bracket — buyers accustomed to the spacious layouts of older District 9 developments may find them tight.

For buyers who value design curation, lifestyle amenities, and the convenience of a turnkey luxury home in one of Asia’s premier shopping and entertainment districts, OUE Twin Peaks delivers a polished, branded experience. It is a development that prioritises how you live over how much space you live in — a philosophy that resonates with its international, design-savvy buyer base.