The Atelier

D9 (CCR) Freehold
District 9 ·Freehold ·Completed 2021
~$2,722 Avg PSF (12-month)
2.7% Rental yield
120 Total units
Category Ratings
Facilities
6.0
Unit size & layout
7.5
Value for money
5.5
Neighbourhood
9.0
MRT accessibility
8.5
Lease remaining
10.0

Overview & Key Facts

The Atelier is a boutique freehold condominium of just 120 units at Makeway Avenue in District 9 — Singapore’s prime Core Central Region. Developed by Bukit Sembawang Estates, one of Singapore’s oldest and most established property developers with a heritage stretching back to the 1950s, the development obtained TOP in 2021 and occupies a quiet residential street tucked between Newton and Novena.

The name “Atelier” — French for “artist’s workshop” — signals the developer’s ambition to create something crafted rather than mass-produced. At 120 units, this is genuinely boutique: fewer residents means less lift contention, quieter pools, and a more intimate community feel. Bukit Sembawang is known for developments like Liv@MB and The Linq @ Beauty World, and brings a reputation for solid build quality and conservative, long-term thinking to this project.

Freehold tenure in District 9 is increasingly rare and commands a structural premium. With Newton MRT interchange just 390 metres away and Orchard Road’s shopping belt within walking distance, The Atelier sits at a genuine intersection of exclusivity and connectivity. The trade-off, as the data makes clear, is price: at an average of S$2,534,293 per unit and S$2,722 psf, buyers are paying handsomely for the address, tenure, and convenience.

Developer
Tenure
Freehold
Total units
120
TOP year
2021
District
9 — CCR
Street
MAKEWAY AVENUE

Location & Connectivity

The Atelier’s location on Makeway Avenue is a study in quiet centrality. The street itself is a low-traffic residential lane, yet it sits just 390 metres from Newton MRT — a dual interchange serving both the North-South Line and the Downtown Line. This is a genuinely walkable commute: five minutes at a comfortable pace, rain or shine via sheltered stretches. From Newton, the entire MRT network opens up — Orchard in one stop, Marina Bay in four, Bugis in three via DTL.

Novena MRT on the North-South Line is 890 metres away, providing a secondary option and access to the Novena medical hub cluster (Tan Tock Seng Hospital, Mount Elizabeth Novena). For drivers, the immediate access to Bukit Timah Road and Newton Road connects to the CTE, PIE, and AYE within minutes. The CBD is roughly 10 minutes by car in off-peak conditions.

Daily conveniences are well covered. United Square and Velocity@Novena Square are both under 1 km, offering supermarkets (Cold Storage, FairPrice), food courts, and retail. Orchard Road — ION, Paragon, Ngee Ann City — is a comfortable 15-minute walk or one MRT stop. For hawker food, Newton Food Centre is practically at the doorstep, one of Singapore’s most famous hawker centres and a regular fixture on tourist itineraries.

Elite schools cluster
The Atelier sits within one of Singapore’s most sought-after primary school zones. St. Margaret’s Primary School is just 240 metres away, Singapore Chinese Girls’ School (Primary) is 700 metres, and Anglo-Chinese School (Primary) at Barker Road is 750 metres. For parents navigating the P1 ballot, this address is strategic gold — three elite schools within the 1 km priority radius.

Schools & Education

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

Nearby Schools
SchoolTypeDistance
St. Margaret's Primary SchoolprimaryWithin 1 km
St. Margaret's Secondary SchoolsecondaryWithin 1 km
Singapore Chinese Girls' School (Primary)primaryWithin 1 km
Anglo-Chinese School (Primary)primaryWithin 1 km
ACS (Junior)primaryWithin 1 km
St. Anthony's Primary SchoolprimaryWithin 1 km
CHIJ Our Lady Queen of Peaceprimary~1.1 km
St. Joseph's Institutionsecondary~1.4 km

Facilities

At 120 units, The Atelier’s facilities are necessarily more restrained than a mega-development. There is no resort-scale amenity sprawl here — instead, Bukit Sembawang has focused on a curated set of quality offerings sized appropriately for the resident population. The development features a 50-metre lap pool, a wading pool, a well-equipped gymnasium, a function room, BBQ pavilions, and landscaped gardens across multiple levels. A sky terrace provides elevated views of the Newton and Novena skyline.

“The facilities are not extensive, but they don’t need to be. With only 120 units, the pool is never crowded, the gym is always available, and there’s a sense of privacy you simply cannot get in a 500-unit development.”

— Resident feedback via PropertyGuru

The boutique scale is the facility story here. Where mega-condos offer breadth (badminton domes, multiple pools, clubhouses), The Atelier offers exclusivity of use. A 50-metre pool shared among 120 households versus 1,000+ households is a fundamentally different experience. The trade-off is that buyers expecting a full suite of lifestyle amenities — tennis courts, function halls, childcare — will find the offering lean. This is a development designed for residents who value calm and availability over variety.


Unit Sizes & Layout

The Atelier offers a mix of 1-bedroom to 4-bedroom configurations across its compact 120-unit count. Unit layouts reflect Bukit Sembawang’s generally pragmatic approach to space planning — efficient, regular-shaped rooms with good natural ventilation and functional kitchens. The higher floors benefit from unobstructed views toward the Newton and Bukit Timah corridors, while lower units face into the landscaped grounds for a garden-villa feel.

Freehold premium context
At S$2,722 psf, The Atelier commands a premium over nearby 99-year competitors. However, freehold tenure eliminates lease decay entirely — there is no 60-year mortgage cliff, no diminishing CPF eligibility, and no en-bloc pressure from a ticking clock. For buyers with a multi-generational holding horizon, this is a fundamentally different asset class from a 99-year property at a similar psf.

Build quality reflects Bukit Sembawang’s heritage developer standards. Fittings are a step above mass-market — engineered timber flooring, quality sanitary ware, and solid kitchen cabinetry. The smaller unit count also means the developer could afford more attention to detail per unit during construction. That said, at the S$2.5M average quantum, some buyers may find the interior finishing does not quite match the luxury price tag compared to ultra-premium boutique competitors.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR30$2,733$1,500,057
2 BR46$2,669$2,368,434
3 BR37$2,651$3,279,608
4 BR7$2,752$4,117,143

Pricing & Market Position

Based on 120 recorded transactions, sale prices range from $1,417,320 to $4,407,270, averaging $2,534,293 (~$2,722 psf).

Rents range from $3,600 to $10,300 per month across 78 rental transactions. Current rental yield sits at approximately 2.7%.


Price Appreciation

From 2021 to 2026, the average PSF has declined by 2.2% (from $2,659 to $2,601 psf).

2023
+1.7%
$2,689 psf
2025
+10.3%
$2,966 psf
2026
-12.3%
$2,601 psf

Neighbourhood Comparison

In the D9 competitive set, The Atelier occupies a specific niche: boutique freehold at a relative value position. Irwell Hill Residences at S$2,726 psf is the closest price comparable but is a 99-year leasehold CDL development with significantly more units (540) and a wider amenity set. The Avenir at S$3,190 psf is also freehold and from the GuocoLand-Hong Leong stable — a larger, more premium offering on River Valley Road with a higher luxury quotient and price to match. River Green at S$3,134 psf represents the newest competition in the sub-market.

The Atelier’s advantage over these competitors is its price point and Newton MRT proximity. At S$2,722 psf, it is 13–17% cheaper than The Avenir and River Green while offering comparable freehold tenure. The trade-off is scale: buyers who want resort-style facilities, a branded developer finish, or a large resident community will find the 120-unit format limiting. For those who specifically want a quiet, freehold address near an MRT interchange without paying S$3,000+ psf, The Atelier is one of the few options in this district.

District 9 Comparables
DevelopmentTenureTOPUnits~Avg PSF
THE ATELIERFreehold2021120$2,722
IRWELL HILL RESIDENCES99 yrs lease commencing from 20202021540$2,728
RIVER GREEN99 yrs lease commencing from 20242025524$3,138
RIVER MODERN99 years leasehold$3,239
THE AVENIRFreehold2021376$3,190
KOPAR AT NEWTON99 yrs lease commencing from 20192021378$2,511

ShiokNest Scores

Our proprietary scoring system evaluates THE ATELIER across multiple dimensions.

Walkability
86/100
MRT: 25/25, School: 20/20, Hawker: 15/15, Mall: 8/15, Park: 10/10, Supermarket: 3/10, Clinic: 5/5
Investment
49/100
Insufficient data ·2.8% yield ·1 txns/yr ·Freehold ·0.39 km to MRT ·+22.1% district YoY ·En-bloc 40/100
Profitability
20/100
Win rate: 40 — 10 transaction pairs, 40% profitable, avg $-34,078
En-Bloc Potential
40/100
Verdict: Moderate
Overall ShiokNest Score
47/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“The location is unbeatable — Newton MRT is a 5-minute walk, Orchard Road is close, and the street itself is surprisingly quiet for being so central. We moved here for the schools and stayed for the lifestyle.”

— Resident review via PropertyGuru

“It’s boutique in the truest sense. You know your neighbours, the pool is never crowded, and the security is tight. The downside is limited facilities — no tennis, no function hall worth mentioning. But we traded that for peace and quiet.”

— Resident review via EdgeProp

“Bukit Sembawang builds solid. The quality is noticeably better than some of the flashier new launches. But the price per square foot is steep, and resale has been underwhelming so far.”

— Owner feedback via EdgeProp

Resident sentiment clusters around a consistent theme: the location and exclusivity are genuinely premium, but expectations around capital appreciation have not materialised. Owners who bought for own-stay and lifestyle tend to be satisfied; those who expected D9 freehold to deliver strong returns are less enthusiastic. The low transaction volume (limited resale data for 120 units) makes it harder to draw firm conclusions on price trends, adding an element of illiquidity risk.


Strengths & Weaknesses

Strengths
  • Freehold tenure in prime District 9 — no lease decay, no CPF cliff
  • Newton MRT interchange just 390m — NSL + DTL dual connectivity
  • Boutique 120-unit exclusivity — low density, quiet, private
  • Three elite primary schools within 1 km (St. Margaret's, SCGS, ACS)
  • Walking distance to Orchard Road shopping belt
  • Heritage developer Bukit Sembawang — solid build quality reputation
  • Newton Food Centre at doorstep — one of Singapore's best hawker centres
  • En-bloc score of 40 — meaningful redevelopment optionality for freehold site
  • Quiet Makeway Avenue address despite central location
  • Novena medical hub cluster within walking distance
Weaknesses
  • Profitability score of 20 — very poor capital gains track record so far
  • Volatile PSF trend — spiked to $2,966 then dropped to $2,601
  • High quantum (avg $2.53M) — steep entry price for 120-unit boutique
  • Limited facilities — no tennis court, no extensive clubhouse amenities
  • Only 78 rental transactions — thin rental market and limited yield data
  • Modest 2.65% gross rental yield — below D9 averages for the quantum
  • Investment score of 49 — below average for capital growth potential
  • Small unit count means low resale liquidity — fewer comparable transactions
Best for — Freehold tenure seekers P1 elite school balloting MRT-dependent professionals Long-term hold / multi-generational Quiet central lifestyle Downsizers from landed Short-term investors (<5 yr) Yield-focused investors

Verdict

The Atelier is a considered purchase for a specific buyer profile: someone who values freehold tenure, prime District 9 address, MRT interchange proximity, and boutique exclusivity — and is willing to accept below-average capital appreciation in exchange. The numbers are honest about this trade-off. A profitability score of 20 out of 100 and a volatile PSF trajectory (spiking to S$2,966 before dropping to S$2,601) tell you that short-term capital gains are not this development’s strength.

What The Atelier does offer is a rare combination in Singapore property: freehold tenure on a quiet street in the absolute heart of the city, 390 metres from an MRT interchange, within walking distance of three elite primary schools and Orchard Road. The investment score of 49 reflects the premium pricing and modest rental yield (2.65%), but the en-bloc score of 40 — high for a boutique freehold — hints at long-term redevelopment optionality on a well-located freehold site.

For families in the elite school catchment game, The Atelier is strategic. For high-income professionals who want to walk to Newton MRT and be in the CBD in 15 minutes, it delivers. For investors seeking yield or quick capital gains, the data says look elsewhere. This is a hold-forever address — and for the right buyer, that is exactly the point.

Frequently Asked Questions

How far is The Atelier from the nearest MRT station?
Newton MRT interchange (North-South Line and Downtown Line) is just 390 metres away — approximately a 5-minute walk. Novena MRT is 890 metres away as a secondary option.
What schools are within 1 km of The Atelier?
Three elite primary schools are within the 1 km P1 ballot radius: St. Margaret's Primary School (240m), Singapore Chinese Girls' School Primary (700m), and Anglo-Chinese School Primary (750m).
What is the average PSF price at The Atelier?
The average PSF at The Atelier is approximately S$2,722. However, the PSF has been volatile — ranging from S$2,601 to S$2,966 over the past five years.
Is The Atelier freehold or leasehold?
The Atelier is freehold — one of an increasingly rare set of freehold developments in District 9. This means no lease decay, no CPF usage restrictions over time, and no en-bloc pressure from a diminishing lease.
How does The Atelier compare to Irwell Hill and The Avenir?
The Atelier ($2,722 psf, freehold, 120 units) is 13–17% cheaper per square foot than The Avenir ($3,190 psf, freehold, 376 units) and comparable to Irwell Hill ($2,726 psf, 99-year, 540 units). The Atelier offers freehold tenure and MRT proximity but with fewer facilities and a smaller community.
What is the rental yield at The Atelier?
The gross rental yield at The Atelier is approximately 2.65%, based on an average rent of S$5,346 per month. Note that rental transaction volume is low (78 total), so yield figures should be interpreted with caution.