Peak Residence

D11 (CCR) Freehold
District 11 ·Freehold ·Completed 2021
Avg PSF (12-month)
2.5% Rental yield
90 Total units
Category Ratings
Facilities
6.5
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
8.0
MRT accessibility
5.5
Lease remaining
10.0

Overview & Key Facts

Peak Residence occupies an elevated plot at 333 Thomson Road in District 11, replacing the former Peak Court via a collective sale. Developed by Tuan Sing Holdings in collaboration with Rich Capital, and designed by AGA Architects, the freehold development was completed in 2021 with just 90 units spread across three five-storey blocks.

The boutique scale is deliberate — this is not a mega-condo trying to be a resort. Instead, Peak Residence positions itself as a low-rise, low-density sanctuary in a medical-and-education belt that is rapidly gaining institutional weight. The surrounding Thomson-Novena corridor is home to Health City Novena, Thomson Medical Centre, and multiple reputable schools, giving the development a tenant catchment that extends well beyond the usual expatriate pool.

At 90 units on approximately 57,378 sqft of land, each resident effectively commands a generous share of common ground. The buyer profile leans heavily local — 86.7% Singaporean, 11.1% PR, and just 2.2% foreign buyers — suggesting this is purchased primarily as a home rather than an investment vehicle. The freehold status in a District 11 address, combined with the boutique format, gives it a scarcity value that larger developments nearby cannot replicate.

Developer
Tenure
Freehold
Total units
90
TOP year
2021
District
11 — CCR
Street
THOMSON ROAD

Location & Connectivity

Thomson Road is one of Singapore’s established arterial routes, and Peak Residence sits on a hill that rises above the street-level traffic. The elevation is not just a design feature — it provides genuine noise attenuation and unobstructed views over the landed housing enclave along Chancery Hill Road and Dyson Road. For residents who value quiet surroundings and visual openness, this natural topography is a rare asset in central Singapore.

The nearest MRT stations are Mount Pleasant MRT (TE17) at approximately 620 metres and Novena MRT (NS20) at 650 metres — both involve a noticeable walk of 8 to 11 minutes depending on pace. This is comfortable for occasional trips but may test patience for daily commuters in Singapore’s heat. The Thomson-East Coast Line adds connectivity value, and the upcoming North-South Corridor expressway will further ease driving access to the city centre.

Daily amenities are well covered. Novena Square, Square 2, United Square, and Velocity are all within a short drive, and the Balestier Road food belt is within walking distance for the more adventurous. Thomson Medical Centre and the Health City Novena mega-hub are minutes away, an important consideration for families with elderly dependents.

Schools and healthcare cluster
St. Joseph’s Institution is just 490 metres away, with New Town Primary at 540 metres. The proximity to Health City Novena — Singapore’s largest integrated healthcare campus featuring Tan Tock Seng Hospital and Mount Elizabeth Novena — creates a strong tenant pool of healthcare professionals. Families with school-age children benefit from multiple reputable institutions within the 1 km priority radius.

Schools & Education

1 primary school within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
St. Joseph's InstitutionsecondaryWithin 1 km
New Town Primary SchoolprimaryWithin 1 km
Singapore Chinese Girls' School (Primary)primary~1.1 km
CHIJ Our Lady Queen of Peaceprimary~1.2 km
Anglo-Chinese School (Primary)primary~1.2 km
St. Margaret's Primary Schoolprimary~1.4 km
Beatty Secondary Schoolsecondary~1.4 km
St. Margaret's Secondary Schoolsecondary~1.4 km

Facilities

With only 90 units, Peak Residence does not attempt to compete on facility quantity with mega-condos. What it offers is a curated set of amenities designed to feel private rather than crowded: a 33-metre lap pool, jacuzzi pool, children’s pool and play area, poolside lounge and deck, gymnasium, clubhouse, meditation deck, reflecting pool, sunning lawn, and east and west courtyards. The landscaping is lush for a development of this size, with a leisure garden that capitalises on the hilltop setting.

“Nice freehold condo located on top of a hill. Quiet, private with amazing view over landed enclave. The pool area is surprisingly spacious for the number of units.”

— Resident review via 99.co

The low unit count means facilities rarely feel congested — a persistent complaint at larger developments. The trade-off is the absence of more specialised amenities like tennis courts or a full-scale function room. For residents who prioritise serenity and exclusivity over a long facilities menu, this is an acceptable exchange.


Unit Sizes & Layout

Peak Residence offers 36 floor plan types across its 90 units, ranging from one-bedroom units at 528 sqft to four-bedroom configurations at 1,389 sqft. The variety is notable for a boutique project — there is genuine choice across the spectrum, from compact investment-grade units to family-sized layouts. Ceiling heights are generous for a low-rise development, and the five-storey cap ensures that every unit benefits from natural ventilation and a sense of openness.

Unit orientations matter here. Stacks facing the Chancery Hill landed enclave enjoy long-range views that are virtually guaranteed to remain unblocked, given the conservation status of the low-rise neighbourhood. Thomson Road-facing stacks will experience some traffic noise despite the elevation, though the setback helps.

Layout tip
The three-bedroom units at approximately 1,000 sqft offer the best balance of space and efficiency for owner-occupiers. For investors, the one-bedroom units at 528 sqft are compact but functional, and the freehold tenure removes the lease decay concern that weighs on rental yield calculations for 99-year competitors.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR15$2,487$1,348,249
2 BR40$2,443$1,978,699
3 BR25$2,536$2,735,056
4 BR10$2,562$3,557,870

Pricing & Market Position

Based on 90 recorded transactions, sale prices range from $1,248,400 to $3,951,850, averaging $2,259,187.

Rents range from $2,900 to $8,000 per month across 45 rental transactions. Current rental yield sits at approximately 2.5%.


Price Appreciation

From 2021 to 2023, the average PSF has declined by 1% (from $2,524 to $2,499 psf).

2022
-2.2%
$2,470 psf
2023
+1.2%
$2,499 psf

Neighbourhood Comparison

The competitive set for Peak Residence revolves around the Novena-Newton corridor. Pullman Residences Newton at $3,075 psf offers a newer product with closer MRT access but at a 23% premium and on a 99-year lease — making it a fundamentally different proposition. Soleil@Sinaran at $1,970 psf is more affordable but carries a 99-year lease with only 79 years remaining and a much higher unit count (417 units), meaning more shared facilities pressure and a different long-term value trajectory.

Peak Residence carves a middle path: freehold tenure at a price point that sits between the two, with the added benefit of boutique exclusivity. For buyers who have been priced out of Nassim or Orchard freehold options but want tenure security in a prime district, Peak Residence represents a pragmatic entry point. The trade-off remains the MRT walk — buyers who need sub-five-minute station access should look at Soleil@Sinaran (180 metres to Novena MRT) instead.

District 11 Comparables
DevelopmentTenureTOPUnits~Avg PSF
PEAK RESIDENCEFreehold202190
PULLMAN RESIDENCES NEWTONFreehold2021340$3,074
WATTEN HOUSEFreehold2023180$3,236
SOLEIL @ SINARAN99 yrs lease commencing from 20062011417$1,970
AMARYLLIS VILLE99 yrs lease commencing from 19972004311$1,903
PARK INFINIA AT WEE NAMFreehold486$2,313

ShiokNest Scores

Our proprietary scoring system evaluates PEAK RESIDENCE across multiple dimensions.

Walkability
50/100
MRT: 15/25, School: 20/20, Hawker: 5/15, Mall: 0/15, Park: 5/10, Supermarket: 0/10, Clinic: 5/5
Profitability
55/100
Win rate: 67 — 3 transaction pairs, 67% profitable, avg $-161,167
En-Bloc Potential
44/100
Verdict: Moderate
Overall ShiokNest Score
56/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“The hilltop position means we get natural breezes and almost no road noise despite being on Thomson Road. The pool area is well-maintained and never crowded. Management is responsive.”

— Resident review via 99.co

“Beautiful development, very exclusive feel. Only downside is the walk to Novena MRT — it is manageable but not ideal in the afternoon heat.”

— Resident review via PropertyGuru

“Parking is limited — visitors sometimes struggle to find spots during weekends. The units themselves are well-finished compared to many newer launches.”

— Resident review via EdgeProp

Strengths & Weaknesses

Strengths
  • Freehold tenure in District 11 — rare for this price point
  • Boutique scale with only 90 units — low density, high privacy
  • Elevated hilltop setting with views over landed enclave
  • Quiet environment despite Thomson Road frontage
  • Strong school catchment — SJI 490m, New Town Primary 540m
  • Health City Novena nearby — expanding tenant pool
  • Thomson-East Coast Line and North-South Corridor improving connectivity
  • Well-maintained common areas with lush landscaping
  • Generous unit variety — 36 floor plans across 90 units
  • Predominantly local buyer base — stable ownership community
Weaknesses
  • MRT not directly walkable — 620m to Mount Pleasant, 650m to Novena
  • Limited visitor parking — can be tight on weekends
  • No tennis court or large-scale function room
  • Premium PSF vs 99-year competitors in the same corridor
  • Modest rental yield of 2.52% — typical for freehold CCR
  • Five-storey cap limits high-floor premium opportunities
  • Thomson Road traffic can be congested during peak hours
  • Small unit count means fewer comparable transactions for valuation
Best for — Freehold seekers in D11 Healthcare professionals near Health City Families near SJI / New Town Primary Privacy-focused owner-occupiers Long-term investors (10yr+) Expatriate tenants with car MRT-dependent commuters Yield-focused investors

Verdict

Peak Residence appeals to a specific buyer: someone who values freehold tenure, boutique exclusivity, and a District 11 address but does not need to be directly above an MRT station. At an average of around $2,489 psf, it sits below the nearby Pullman Residences Newton ($3,075 psf) and above Soleil@Sinaran ($1,970 psf, but 99-year with only 79 years remaining). The freehold premium is real but not extreme by CCR standards.

The Thomson-Novena corridor is on a long-term upward trajectory. The completion of the Thomson-East Coast Line, the North-South Corridor, and the continued expansion of Health City Novena all contribute to a strengthening catchment. For a buyer willing to hold for 10 years or more, the fundamentals are sound. The 2.52% yield is modest but typical for freehold CCR assets where capital appreciation rather than rental income is the primary return driver.

The honest weakness is the MRT walk. At 620 to 650 metres to the nearest station, Peak Residence falls into the zone where tenants and future buyers will factor in an extra five minutes of commute. In a market where sub-400-metre MRT proximity increasingly drives pricing, this gap is material. However, the hilltop setting, low density, and genuine freehold status are compensating factors that will continue to attract discerning buyers who prioritise living environment over pure convenience metrics.

Frequently Asked Questions

How far is Peak Residence from the nearest MRT?
Peak Residence is approximately 620 metres from Mount Pleasant MRT (Thomson-East Coast Line) and 650 metres from Novena MRT (North-South Line). Both are an 8 to 11 minute walk.
Is Peak Residence freehold?
Yes, Peak Residence holds freehold tenure — one of the increasingly rare freehold developments in the Novena-Thomson corridor of District 11.
What is the average PSF at Peak Residence?
Based on recent transactions, the average PSF at Peak Residence is approximately S$2,489, with a range from around S$2,295 to S$2,872 psf depending on unit size and floor.
What schools are near Peak Residence?
St. Joseph's Institution is 490 metres away, New Town Primary is 540 metres away, and several other reputable schools including ACS Barker and CHIJ Toa Payoh are accessible within a short drive.
How does Peak Residence compare to Pullman Residences Newton?
Pullman Residences commands a 23% PSF premium ($3,075 vs $2,489) with closer MRT access, but is on a 99-year lease. Peak Residence offers freehold tenure, a boutique 90-unit format, and a hilltop setting — a trade-off between modern convenience and long-term tenure security.
What is the rental yield at Peak Residence?
The current gross rental yield is approximately 2.52%, which is typical for freehold CCR properties where capital appreciation rather than rental income is the primary investment thesis.