Stevens Suites
Overview & Key Facts
Stevens Suites is a compact freehold boutique development at 2 Stevens Close, tucked into a quiet residential pocket at the edge of District 10’s Tanglin belt. Completed in 2014 by EL Development (Stevens) Pte Ltd — a residential arm of the Evan Lim group — the project holds just 32 units in a low-rise, four-storey configuration on a 24,147 sqft site.
The development is unambiguously a micro-scale boutique play in a sub-market dominated by mega-projects such as D’Leedon and Leedon Green. With an average transacted price of S$1,886 psf over the most recent 12 months and a median sale price around S$2.0M, Stevens Suites occupies the accessible end of the prime D10 spectrum — a rare freehold entry point in a district where many comparables command S$2,500–2,900 psf.
The buyer profile reflects that positioning. Stevens Suites appeals to owner-occupiers who want a freehold address near Orchard and the Botanic Gardens belt without paying the premium of Leedon or Nassim-area developments, and to landlords leasing to expatriate tenants drawn by the international schools clustered within a kilometre. With 51 rental transactions at a median rent of S$4,250/month, it has established a functioning — if not spectacular — leasing track record in a district where rental demand typically skews toward the top end.
Location & Connectivity
Stevens Suites sits roughly 500m — about a 6-minute walk — from Stevens MRT interchange (DT10 / TE11), serving the Downtown Line and Thomson-East Coast Line. That dual-line reach is a meaningful upgrade over many D10 developments that rely on a single line: residents have direct trains to Marina Bay Sands, Orchard Boulevard, Shenton Way, and Bukit Timah without interchange. Napier MRT on the TEL is under a kilometre south, and Newton interchange (NSL/DTL) sits about 1.4 km east.
For drivers, the location is genuinely strong. Orchard Road is under 10 minutes via Stevens Road and Scotts Road. The CBD is roughly 15 minutes via the PIE or CTE, and Dempsey, Holland Village, and Bukit Timah are all within a 10-minute radius. The access to the Pan Island Expressway at Stevens Road flyover is particularly useful for east-west trips without navigating Orchard traffic.
Everyday amenities lean premium rather than heartland. Goodwood Park, the Shangri-La and St Regis hotel cluster, and a string of cafés along Stevens Road and Newton Road cover most casual dining needs. The nearest supermarket cluster sits at Balmoral Plaza (Cold Storage) and Scotts Square, both a short drive or brisk walk. Newton Food Centre — the closest true hawker option — is roughly 1.3 km away. Buyers expecting heartland-style convenience at the doorstep should recalibrate: this is a district built around hotels, embassies, and international schools, not wet markets.
Schools & Education
2 primary schools within the 1 km Priority Phase balloting radius.
| School | Type | Distance |
|---|---|---|
| ISS International School (Preston) | international | Within 1 km |
| Nanyang Primary School | primary | Within 1 km |
| ISS International School (Paterson) | international | Within 1 km |
| Nanyang Girls' High School | secondary | Within 1 km |
| Methodist Girls' School (Primary) | primary | Within 1 km |
| Methodist Girls' School | secondary | Within 1 km |
| Chatsworth International School (Orchard) | international | Within 1 km |
| Anglo-Chinese School (Primary) | primary | ~1.1 km |
Facilities
Stevens Suites is a boutique development, and the facilities reflect that reality honestly. Across the 32-unit, four-storey low-rise, amenities are limited to a lap pool, pool deck, a jacuzzi, a basic gymnasium, a water garden, a trellis cabana, and 24-hour security. There is no tennis court, no function room worth speaking of, no clubhouse, and no children’s playground of meaningful size. This is a quiet, pool-and-gym kind of building — not a resort.
For the target buyer, that is not a drawback so much as a trade-off. With only 32 units sharing the facilities, the pool and gym are almost always available without booking or crowding — a genuine lifestyle benefit that mega-developments cannot match. Maintenance fees are lower than at facility-heavy peers, and the landscaped compound feels intimate rather than institutional.
Buyers who want indoor badminton, kids’ water playgrounds, or tennis courts should look at larger D10 projects such as Leedon Green, D’Leedon, or Skye at Holland. For buyers who want a quiet, low-key freehold home in a well-connected pocket and who already use gyms or swim clubs outside the development, Stevens Suites delivers exactly what it advertises.
Unit Sizes & Layout
The unit mix spans 1- to 3-bedroom layouts plus a small number of penthouses, distributed across the four-storey low-rise block. 1-bedroom units sit in the sub-600 sqft range — efficient for singles and couples but tight for long stays — while 2-bedroom layouts land in the 700–900 sqft band that has become typical for post-2010 D10 boutique projects. 3-bedroom and penthouse units offer more meaningful family-sized space, and the penthouses include private outdoor terraces that are a rarity at this price point.
The four-storey configuration means no unit carries a true skyline view — but the low-rise geometry keeps the compound feeling private and low-density. Stacks facing away from Stevens Close itself enjoy the best quiet, while units on upper floors catch better airflow and light than ground-floor equivalents. Because the block is small, stack differences matter less than they would in a 30-storey tower: almost every unit enjoys reasonable privacy from neighbours.
Interior fittings reflect the 2014-era developer spec. Owners taking possession of resale units should budget for modest refresh spend on bathrooms, kitchen appliances, and flooring if they want a current-generation look; the base build is solid but not luxurious.
| Bedrooms | Transactions | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 1 | $1,569 | $1,030,000 |
| 2 BR | 4 | $1,688 | $1,252,500 |
| 3 BR | 5 | $1,889 | $2,132,000 |
| 4 BR | 1 | $1,592 | $2,450,000 |
| 5 BR | 2 | $1,551 | $3,054,444 |
Pricing & Market Position
Based on 13 recorded transactions, sale prices range from $1,030,000 to $3,088,888, averaging $1,942,991 (~$1,886 psf).
Rents range from $1,800 to $9,360 per month across 52 rental transactions. Current rental yield sits at approximately 2.6%.
Price Appreciation
From 2021 to 2025, the average PSF has declined by 3.2% (from $1,767 to $1,710 psf).
Neighbourhood Comparison
Within District 10, Stevens Suites occupies a distinctive niche. At S$1,886 psf freehold, it trades at roughly two-thirds the psf of Leedon Green (S$2,784) and Hyll on Holland (S$2,648), both also freehold. Against leasehold new launches like Skye at Holland (S$2,945, 99-year lease from 2024), the discount is closer to 35% — and Stevens Suites owners retain the freehold that Skye buyers do not.
The trade-offs are straightforward. Leedon Green and Hyll on Holland offer resort-scale facilities, branded designer fit-outs, and scale; Skye at Holland offers a new-launch fresh build with the latest smart-home and efficiency standards. Stevens Suites offers none of that — but it offers freehold, a prime-district address, and walkable MRT access at a 2-bedroom quantum roughly half a million dollars below those peers.
Against the aging mega-scale D’Leedon (S$1,855 psf on a 99-year lease from 2010), the comparison tilts clearly toward Stevens Suites on tenure grounds — you pay a near-identical psf but receive a perpetual freehold rather than a lease with 83 years remaining. The facilities gap is huge, but the tenure advantage compounds over time for long-horizon buyers. For buyers unwilling to pay new-launch premiums but unwilling to take on decaying leases, Stevens Suites is one of the cleaner freehold entry points in the district.
| Development | Tenure | TOP | Units | ~Avg PSF |
|---|---|---|---|---|
| STEVENS SUITES | Freehold | 2014 | 32 | $1,886 |
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | 2025 | 666 | $2,946 |
| LEEDON GREEN | Freehold | 2021 | 638 | $2,785 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 2014 | 1,703 | $1,858 |
| 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 SUITES across multiple dimensions.
What Residents Say
Public reviews for Stevens Suites are sparse — a function of the 32-unit count and low tenant churn — but the consistent threads across available feedback on PropertyGuru, EdgeProp, and Singapore Expats highlight the same strengths: a quiet, low-density atmosphere that feels unusual in a central location, proximity to international schools and Orchard, and smooth daily management given the small resident base.
Recurring criticisms are predictable for a boutique build: limited facility variety, modest gym equipment, and unit interiors that feel 2014-vintage rather than contemporary. The lack of an on-site concierge (typical of larger CCR projects) is sometimes noted by buyers coming from luxury-branded developments. None of these are deal-breakers for the target buyer — they are the predictable cost of the boutique positioning.
The tenant mix skews toward expatriate professionals and international-school families on one- to two-year leases, which keeps the building’s daily rhythm quiet and well-maintained but creates the modest rental volume noted in the transaction data. Owner-occupier density is meaningful for a D10 building of this size — a factor in the consistently well-kept common areas.
Strengths & Weaknesses
- Freehold tenure in prime District 10 at accessible psf
- Dual-line MRT access (Stevens DT10/TE11) within 500m
- Roughly 10 minutes to Orchard Road by car or MRT
- Dense cluster of local and international schools within 1 km
- Low density — 32 units means uncrowded pool and gym
- Meaningful psf discount (30–40%) vs freehold peers Leedon Green and Hyll on Holland
- Boutique scale keeps common areas well-maintained
- Penthouses offer rare private outdoor terraces at this price point
- Strong rental demand from expatriate and international-school tenants
- Four-storey low-rise feels private and quiet
- Minimal facilities — pool, gym, jacuzzi only; no tennis, function room, or playground
- Modest gross rental yield (~2.55%) vs Singapore condo average
- Small unit count (32) means thin resale transaction history for valuation benchmarking
- No skyline views — four-storey block limits elevation premium
- Interior fittings reflect 2014-era developer spec; resale buyers may want refresh spend
- No on-site concierge or hotel-grade service layer
- Heartland-style amenities (hawker centres, wet markets) not walkable
- Limited penthouse and 3-bedroom supply — most units are 1- to 2-bedroom
Verdict
Stevens Suites is a quietly rational buy in a loud district. At S$1,886 psf (12-month average), it sits at a 30–40% discount to nearby freehold peers such as Leedon Green and Hyll on Holland, and a meaningful discount to leasehold new launches like Skye at Holland. That discount exists for clear reasons — the small scale, limited facilities, and lower brand visibility — but none of those reasons materially compromise the two things that most matter in prime-district real estate: freehold tenure and transport.
For own-stay buyers who value a freehold address within 500m of a dual-line MRT interchange, near top local and international schools, and within 10 minutes of Orchard, the value math is hard to argue with. The trade-off is real — you accept a boutique facilities footprint and a modest rental yield (around 2.55% gross) in exchange for tenure, location, and low-density living.
For pure investors chasing yield, this is not the right vehicle. A 2.55% gross yield before costs is below the Singapore condo average, and rental volume is modest given the small unit count. But for buyers thinking in decades rather than years — where the freehold tenure compounds versus expiring leases on nearby projects — Stevens Suites offers a conservative, well-located base that should hold its relative position in the D10 hierarchy over time.