The Landmark

Overview & Key Facts

The Landmark is a 396-unit condominium at 173 Chin Swee Road in District 3, developed by Landmark JV Pte Ltd — a joint venture between ZACD Group, MCC Land, and SSLE Development. Completed in 2025, this 39-storey tower perches on the crest of Pearl’s Hill, commanding unobstructed 360-degree views that sweep from the Greater Southern Waterfront across the CBD skyline to Mount Faber. It is one of the tallest residential buildings in the Chinatown fringe, and the elevation advantage means even mid-floor units enjoy sightlines that most city condos reserve for penthouses.

At an average PSF of $2,381 and a trailing yield of 2.79%, The Landmark sits in the middle of the RCR city-fringe pack — more affordable than the newly launched Zyon Grand ($3,049 PSF) yet priced above the nearby Stirling Residences ($2,267). The 99-year lease commenced in 2020, leaving 93 years — a comfortable runway that keeps CPF and financing fully accessible. With Outram Park triple-interchange MRT just 660 metres away and Chinatown MRT at 590 metres, this is a development that bets heavily on connectivity and city-centre convenience.

There is, however, a neighbourhood reality that brochures tend to gloss over. Chin Swee Road sits directly adjacent to Jalan Kukoh, one of Singapore’s most socioeconomically challenged pockets — a cluster of HDB rental blocks that contrasts sharply with The Landmark’s gleaming facade. Prospective buyers should visit the ground-level surroundings before committing, though many residents view the area’s redevelopment potential as an eventual tailwind.

Location & Connectivity

The Landmark’s location is a study in contrasts. Upward, you gaze across one of Singapore’s most dramatic urban panoramas; at ground level, you walk through a neighbourhood that is modest and unpolished. The development sits at the junction of three vibrant districts — Chinatown’s heritage precinct to the east, Tiong Bahru’s cafe culture to the south, and Robertson Quay’s riverside nightlife to the northwest — each reachable in under 10 minutes on foot. For daily shopping, Chinatown Point (NTUC FairPrice, Daiso, Uniqlo) is a 7-minute walk, while People’s Park Complex offers affordable dining and grocery options even closer.

The MRT connectivity is genuinely excellent. Chinatown MRT (North-East and Downtown Lines) is 590 metres — roughly a 7-minute walk. Outram Park MRT is 660 metres and serves as one of Singapore’s rare triple-line interchanges, connecting the East-West, North-East, and Thomson-East Coast Lines. From Outram Park, residents can reach Raffles Place in two stops, Orchard in three, and Marina Bay in four. Three major expressways — CTE, AYE, and KPE — are accessible within a 5-minute drive.

School proximity is reasonable but not elite. Outram Secondary School is 500 metres away, and Fairfield Methodist Primary sits at 810 metres. For top-tier primary placements, families would need to look further afield. The real educational draw is proximity to tertiary institutions: SMU is a short MRT hop away, and NUS is accessible via one AYE connection.

Schools & Education

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

Facilities

The Landmark packs its amenities across five facility decks at staggered heights — levels 1–2, level 14, level 34, and the rooftop at level 39. The centrepiece is a 50-metre infinity pool at level 2 that threads alongside Pearl’s Hill’s mature Tembusu canopy, creating the illusion of swimming through a treetop forest. The sky gym at level 34 offers panoramic CBD views that rival those of commercial sky bars. BBQ pavilions, a jacuzzi aqua spa, children’s pool and playground, a sky terrace, and social lounges round out the offering. “The Peak” on level 39 serves as a rooftop entertainment deck with 360-degree views — a dramatic setting for evening gatherings that overlooks the city skyline on one side and the Straits of Singapore on the other.

“The level 34 sky gym is the real showpiece — you’re lifting weights with the CBD skyline spread out in front of you. It’s genuinely motivating. The pool area by the Tembusu trees feels almost surreal for a city condo.”

— Resident, PropertyGuru review, 2025

Unit Sizes & Layout

The Landmark offers 396 units configured as 1-Bedroom (405–517 sq ft, 144 units), 2-Bedroom (678–764 sq ft, 180 units), and 3-Bedroom (1,076–1,141 sq ft, 72 units) across 22 floor plan variations. The unit mix skews heavily toward compact configurations — 82% are 1- or 2-Bedroom — reflecting the development’s positioning for young professionals, couples, and investors targeting the CBD rental market. Floor-to-ceiling windows are standard across all units, and the higher-floor advantage is pronounced: units above level 25 enjoy completely unobstructed views in virtually every direction.

Pricing & Market Position

Across 293 recorded transactions (all-time), sale prices range from $1,030,000 to $3,340,253, averaging $1,907,121.

Over the last 12 months, transactions averaged $2,480 psf.

Rents range from $3,400 to $9,800 per month across 185 rental transactions. Current rental yield sits at approximately 2.8%.

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at THE LANDMARK typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:

Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 13.3% (from $2,206 to $2,498 psf).

Neighbourhood Comparison

In the Outram–Chinatown corridor, The Landmark competes with several established and incoming developments. One Pearl Bank ($2,568 PSF, 774 units) is the closest geographic neighbour — also perched on Pearl’s Hill with dramatic views, but at a higher price point with a more iconic curved design by Serie Architects. Avenue South Residence ($2,260 PSF, 1,074 units) offers a lower entry point along Silat Avenue with Greater Southern Waterfront proximity, though it trades The Landmark’s hilltop elevation for a ground-level position. Stirling Residences ($2,267 PSF, 1,259 units) near Queenstown MRT provides larger unit options at a comparable price but sits further from the CBD core.

The Landmark’s distinct advantage is its hilltop elevation combined with triple-interchange MRT access — no other development in this corridor offers both. At $2,381 PSF, it sits in a sensible middle ground: buyers who want the views of One Pearl Bank without the $200 PSF premium, or the city-centre access of Zyon Grand without the $700 PSF premium, will find The Landmark a pragmatic compromise.

Lease Decay Analysis

The 99-year lease runs from 2020, meaning approximately 6 years have already been consumed. Roughly 93 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~83 years remaining, which is still very bankable. The risk profile changes for longer holds.

ShiokNest Scores

Our proprietary scoring system evaluates THE LANDMARK across multiple dimensions.

What Residents Say

“Moved in six months ago and the views are absolutely stunning — I can see from the CBD all the way to the Southern Islands on clear days. The pool by the Tembusu trees is my favourite spot after work. Chinatown MRT is genuinely a 7-minute walk.”

— Owner-occupier, PropertyGuru review, 2025

“I bought for investment and my tenant loves it. An expat banker paying $4,300 a month for a 2-bedder — the CBD proximity and MRT access practically sell themselves. The ground-level neighbourhood isn’t glamorous but tenants care about commute time, not street aesthetics.”

— Investor-owner, HardwareZone property forum, 2025

“The sky gym on level 34 is reason enough to live here. I’ve cancelled my external gym membership. The facilities are well-maintained so far and not overcrowded given only 396 units. My only gripe is that the ground-floor lobby feels a bit modest for the price point.”

— Resident since TOP, Stacked Homes forum, 2025

Strengths & Weaknesses

Verdict

The Landmark is a city-fringe development that delivers genuinely exceptional views and connectivity at a price point that undercuts the newest launches in the Outram–Chinatown corridor. The combination of a 39-storey vantage point on Pearl’s Hill, triple-interchange MRT access at Outram Park, and the lifestyle draw of Chinatown, Tiong Bahru, and Robertson Quay within walking distance creates a daily living experience that is hard to replicate at this price. The five-deck facility arrangement, particularly the treetop infinity pool and sky gym, punches well above what you would expect from a 396-unit development.

The weaknesses are real but manageable. The Jalan Kukoh neighbourhood at ground level is not the polished environment that the marketing materials suggest, and buyers who only visit the showflat without walking the streets may be surprised. The unit mix is heavily skewed toward compact layouts, which limits appeal for larger families. And the PSF trend has been volatile — swinging from $2,790 down to $2,322 before recovering to $2,501 — suggesting the market is still calibrating fair value for this location.

The honest verdict: The Landmark is best suited for young professionals, couples, and investors who value connectivity and views above all else, and who are comfortable with an evolving neighbourhood. The 93-year lease provides a long runway, the rental yield is serviceable, and the GSW and Chinatown heritage corridor redevelopment provide long-term upside catalysts. But this is not a family home for those seeking prestigious school catchments or a manicured suburban setting — it is a city living proposition, unabashedly urban, and buyers should embrace that or look elsewhere.