Stevens Loft
Overview & Key Facts
Stevens Loft is one of the quieter gems on the prestigious Stevens Drive corridor in District 10 — a boutique freehold development of just 28 units completed in 2003 by Ideal Homes Pte Ltd. Tucked between the Good Class Bungalow enclaves of Nassim and Dalvey Road, it occupies a rare private address that most Singaporeans associate with old-money Singapore and diplomats’ row. At 28 units, it is more private residence than conventional condominium, and its residents tend to treat it exactly that way.
The name is literal: the development features loft-style units with double-volume ceilings and a split-level floor plate that gives even mid-range unit sizes a spatial drama rarely found at this price point. Freehold tenure, a sub-400-metre walk to Stevens MRT interchange (Thomson–East Coast Line and Downtown Line), and proximity to some of the most sought-after girls’ school catchments in Singapore make Stevens Loft a development that sells itself on context rather than facilities.
Transaction volumes are thin — only five recorded sales transactions and 29 rental records in the available dataset, reflecting the close-held nature of the ownership base. Owners tend to hold for long periods, with rental activity driven largely by expat households seeking the Stevens Road diplomatic and international school catchment. The development’s appeal is inseparable from its postcode: D10 CCR, Stevens Drive, freehold.
Location & Connectivity
Location is Stevens Loft’s single most compelling asset. Stevens MRT station (Downtown Line and Thomson–East Coast Line interchange) is approximately 240 metres away — a genuine walking distance in any weather. Downtown Line trains reach Marina Bay in under 15 minutes and Buona Vista in 10. The Thomson–East Coast Line adds direct access to Orchard, Newton, and the upcoming Cross Island Line interchange at Bright Hill. For a CCR address, this is exceptional public transport reach.
Orchard Road is roughly 1.3 km to the south — walkable for most residents, and a short cab or bus ride for those who prefer. Tanglin Mall and Botanic Gardens MRT are within easy reach, as is the American Club and Tanglin Club along Stevens Road. For drivers, the CTE is accessible via Cavenagh Road in minutes, putting the CBD 10–12 minutes away and Changi Airport within 25 minutes during off-peak hours. The absence of an expressway immediately adjacent to Stevens Drive is a notable quality-of-life advantage over many D10 addresses nearer the AYE or PIE.
Day-to-day errands require a short trip out of the immediate neighbourhood. There is no void-deck hawker culture here; the nearest wet market and food centre options are along Newton or Orchard. Cold Storage Scotts, Tanglin Mall Cold Storage, and the Specialty Food Centre at Newton are the practical provisioning options. The tradeoff is what CCR residents expect: you pay for the address, not the convenience infrastructure.
Schools & Education
1 primary school within the 1 km Priority Phase balloting radius.
| School | Type | Distance |
|---|---|---|
| Nanyang Girls' High School | secondary | Within 1 km |
| Nanyang Primary School | primary | Within 1 km |
| ISS International School (Preston) | international | Within 1 km |
| ISS International School (Paterson) | international | Within 1 km |
| Anglo-Chinese School (Primary) | primary | ~1.0 km |
| Methodist Girls' School (Primary) | primary | ~1.1 km |
| Singapore Chinese Girls' School (Primary) | primary | ~1.1 km |
| Methodist Girls' School | secondary | ~1.1 km |
Facilities
As a 28-unit boutique development, Stevens Loft offers the facilities profile you would expect from a tight land plot: a small swimming pool, a well-maintained gym, and landscaped communal areas. There are no tennis courts, function rooms, or multi-pool complexes — buyers who require resort-scale amenities should look at Leedon Green, D’Leedon, or Skye at Holland instead. What Stevens Loft offers in their place is something different: quiet, privacy, and security that only a sub-30-unit development can provide. You are unlikely to encounter strangers at the pool.
“The facilities are minimal but the privacy more than compensates. You feel like you live in a private residence, not a condo. The pool is never crowded because you know everyone who uses it.”
— Resident review via PropertyGuru
Maintenance fees at a boutique development are worth flagging. With only 28 units sharing the cost of professional management, landscaping, and pool maintenance, the per-unit contribution to common expenses tends to run meaningfully higher than at large-scale condominiums. Prospective buyers should request the current maintenance levy before committing, as boutique-condo maintenance costs in CCR have been known to surprise buyers accustomed to mega-development fee structures.
Unit Sizes & Layout
The defining characteristic of Stevens Loft’s unit design is the loft typology. Units feature double-volume voids and split-level floor plates that create a sense of vertical space unusual in Singapore residential development. The available unit mix shows a two-bedroom and three-bedroom configuration, with PSF transaction data over the past few years ranging from approximately S$1,656 to S$1,883. For a freehold CCR address with direct Stevens MRT access, this positions Stevens Loft at a meaningful discount to nearby new launches such as Skye at Holland (~S$2,945 psf) and Hyll on Holland (~S$2,648 psf).
The loft layout is a double-edged proposition. The mezzanine level adds drama and spatial interest but can create practical challenges for families with young children or elderly residents — internal staircases are inherent to loft living. Air-conditioning efficiency in double-height spaces also requires attention; residents typically zone cooling carefully to manage electricity costs. On the positive side, the double-volume ceiling heights allow for thoughtful renovation interventions — bespoke mezzanine libraries, elevated sleeping platforms, and statement lighting installations — that would be impossible in standard-height units.
| Bedrooms | Transactions | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $1,942 | $1,555,000 |
| 3 BR | 2 | $1,587 | $1,865,000 |
| 5 BR | 1 | $1,656 | $3,600,000 |
Pricing & Market Position
Based on 5 recorded transactions, sale prices range from $1,330,000 to $3,600,000, averaging $2,088,000.
Rents range from $2,900 to $6,500 per month across 29 rental transactions. Current rental yield sits at approximately 3.2%.
Price Appreciation
From 2021 to 2025, the average PSF has appreciated by 9.7% (from $1,656 to $1,817 psf).
Neighbourhood Comparison
The natural comparables sit at very different price points. Leedon Green (freehold, 638 units, ~S$2,784 psf) offers superior facilities and a larger pool of neighbours, but asks roughly 50% more per square foot. Hyll on Holland (freehold, 319 units, ~S$2,648 psf) is a newer product with contemporary finishing but weaker MRT proximity. D’Leedon (99-year leasehold from 2010, 1,703 units, ~S$1,855 psf) is the closest in PSF terms but sacrifices freehold tenure, offers a cavernous development scale, and lacks the Stevens MRT adjacency. Skye at Holland (~S$2,945 psf, 99-year leasehold from 2024) is the newest offering in the sub-district but at a significant price premium with leasehold tenure.
For a buyer whose primary criteria are freehold tenure, D10 CCR status, and genuine MRT walkability in a quiet environment, Stevens Loft occupies a near-unique position. No other sub-S$2,000 psf freehold option in this immediate corridor can match its 240-metre station walk. The facilities deficit versus larger developments is real and should be priced into your expectations accordingly — but so should the PSF discount to everything comparable.
| Development | Tenure | TOP | Units | ~Avg PSF |
|---|---|---|---|---|
| STEVENS LOFT | Freehold | 2003 | 28 | — |
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | 2025 | 666 | $2,945 |
| LEEDON GREEN | Freehold | 2021 | 638 | $2,784 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 2014 | 1,703 | $1,855 |
| HYLL ON HOLLAND | Freehold | 2021 | 319 | $2,648 |
| FOURTH AVENUE RESIDENCES | 99 yrs lease commencing from 2018 | 2021 | 476 | $2,465 |
ShiokNest Scores
Our proprietary scoring system evaluates STEVENS LOFT across multiple dimensions.
What Residents Say
“Extremely quiet and private. The Stevens Drive stretch is one of the calmest in all of District 10. You genuinely forget you are three minutes’ walk from an MRT station. The loft height makes the unit feel twice its size.”
— Resident review via EdgeProp
“Maintenance fees are on the high side for a small development. The pool and gym are well maintained but limited. If you want resort facilities, this is not the right condo. If you want a quiet freehold address near Stevens MRT, nothing in D10 beats it at this price.”
— Resident review via PropertyGuru
“The loft layout takes adjustment. The mezzanine is beautiful to look at but our air-con bills were higher than expected until we figured out the right zoning. School catchment here is unbeatable — that was the main reason we bought.”
— Resident review via 99.co
The consistent theme across resident accounts is one of deliberate trade-off acceptance: buyers understand they are not getting D’Leedon’s facilities footprint or Leedon Green’s sprawling grounds, and they do not want them. They are paying for the address, the MRT proximity, and the loft typology — and those elements consistently deliver. Negative feedback centres almost entirely on the elevated maintenance fees and the practical demands of loft living in Singapore’s climate.
Strengths & Weaknesses
- Freehold tenure — no lease decay in one of Singapore's premier postcodes
- Stevens MRT interchange (DTL + TEL) just 240m away — best MRT access in D10 at this price
- Prestigious Stevens Drive / CCR address with GCB neighbours
- Loft-style double-volume units with dramatic spatial character
- Nanyang Girls' High and Nanyang Primary within 1 km — strong school catchment
- Methodist Girls' School, ACS (Primary), and SCGS all within 1.1 km
- ISS International School (Preston & Paterson campuses) within 1 km — expat family draw
- Boutique 28-unit development — high privacy, quiet communal spaces
- Gross yield 3.24% — respectable for CCR freehold
- Meaningful PSF discount vs newer D10 launches (sub-S$1,900 vs S$2,600+ psf)
- Minimal facilities — small pool and gym only; no tennis, function rooms, or resort amenities
- Boutique maintenance fees — 28 units sharing fixed overhead; per-unit levy runs higher than mega-devs
- Loft staircase not suitable for households with mobility concerns or very young children
- Double-volume ceilings increase cooling costs without careful AC zoning
- Very thin transaction liquidity — 5 sales on record; exit may take longer to find the right buyer
- No on-site F&B, convenience stores, or daily amenities — all require leaving the development
- Older building (TOP 2003) — fixtures and common areas may require attention or renovation spend
- Neighbourhood walkability score 61/100 — groceries and hawkers require a short drive or cab
Verdict
Stevens Loft is a highly specific product for a highly specific buyer. Its case rests on three pillars: freehold tenure in one of Singapore’s most enduring prestige postcodes, a 240-metre walk to an MRT interchange that the rest of D10 cannot match, and a school catchment that appeals to households prepared to think carefully about P1 registration strategy. For the right buyer — a small family or professional couple seeking a quiet, prestigious address with genuine transport convenience — it delivers that combination at a PSF that sits well below neighbouring new launches.
The limitations are equally clear. Facilities are minimal and maintenance fees are boutique-elevated. The loft typology is not for everyone, particularly households with mobility concerns or young children who are not yet stair-safe. Rental demand is steady at a median S$4,800 per month with a 3.24% gross yield, broadly in line with the CCR norm, but yield-focused investors will find more efficient options elsewhere. This is an own-stay or long-hold asset, not an income play.
Compared to the broader D10 freehold universe, Stevens Loft sits in an interesting gap: older than Hyll on Holland or Leedon Green, smaller than D’Leedon, and more transport-connected than almost all of them. Its freehold status means the tenure story never degrades. In a market where new CCR launches price above S$2,600 psf and older freehold stock in D10 is being snapped up for en-bloc speculation, Stevens Loft at sub-S$1,900 psf represents fair value for the address — provided you go in with clear eyes about the boutique trade-offs.