The Hermitage
Located in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin), The Hermitage is a freehold condominium in the Core Central Region (CCR). The development was completed in 1999 and comprises 32 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
THE HERMITAGE is a freehold condominium at SARKIES ROAD in District 10 (CCR), developed by ESQUIRE LAND (S) PTE LTD, comprising 32 units, completed in 1999.
Location & Connectivity
THE HERMITAGE is approximately 160m from Newton MRT station, with 9 stations within 1.5 km.
Schools & Education
19 schools within 2 km (6 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Anglo-Chinese School (Primary) | Primary | 210m |
| Singapore Chinese Girls' School (Primary) | Primary | 210m |
| St. Anthony's Primary School | Primary | 740m |
| St. Margaret's Primary School | Primary | 760m |
| St. Margaret's Secondary School | Secondary | 850m |
| NPS International School | International | 960m |
| St. Joseph's Institution | Secondary | 1 km |
| ISS International School (Preston) | International | 1.1 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 11 | $2,082 psf | $1,710,818 |
| 4 BR | 1 | $1,482 psf | $2,760,000 |
| 5+ BR | 1 | $1,161 psf | $2,400,000 |
Market Position
THE HERMITAGE has recorded 13 sales at an average price of $1,844,538.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 5 | $1,962 psf | — |
| 2022 | 1 | $2,058 psf | ↑ 4.9% |
| 2023 | 2 | $2,153 psf | ↑ 4.6% |
| 2024 | 2 | $1,322 psf | ↓ 38.6% |
| 2026 | 3 | $2,243 psf | ↑ 69.7% |
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The latest reading marks the highest point in this series — THE HERMITAGE prices have climbed 14.3% since 2021.
Price Index Check
The ShiokNest Price Index for District 10 reads 113.4 as of June 2026 — down 2.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | $2,786 psf | 575 |
| D'LEEDON | 99 yrs lease commencing from 2010 | $1,869 psf | 453 |
| D'LEEDON | — | $1,889 psf | 416 |
| HYLL ON HOLLAND | Freehold | $2,649 psf | 328 |
What Could Work Against You
- With just 3 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 32-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
The profile fits mrt-walkable commuters, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units) best. Located ~160m from Newton MRT, this property is a comfortable daily walk for transit commuters.
For foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
en-bloc speculators and resort facilities should probably look elsewhere. Older site profile in an en-bloc-active cluster — speculative upside if collective sale activates.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
THE HERMITAGE is a freehold development in District 10 (CCR), with 32 units, offering a gross yield of 2.8%.
At ~$2,243 psf, it reflects its premium CCR positioning.
Explore the full THE HERMITAGE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE HERMITAGE against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (1.3 km away), an upgrader gap of about $950,000
- Central Area — 4-room average $1,088,814 (1.7 km away), an upgrader gap of about $750,000
- Toa Payoh — 4-room average $929,793 (1.8 km away), an upgrader gap of about $900,000
FAQ
What is the average PSF for THE HERMITAGE?
Is THE HERMITAGE freehold?
What is the rental yield for THE HERMITAGE?
Which MRT is nearest to THE HERMITAGE?
Sources & Next Steps
- THE HERMITAGE Dashboard — Live charts and analytics
- URA — Official transaction data
- District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) — District 10 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 13 transactions
- Rental data: 66 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 13 records analysed · Source: URA private-sale caveats