The Legend
Overview & Key Facts
The Legend is a boutique freehold condominium at the junction of Bukit Timah Road and Stevens Road in prime District 10, developed by Ban Hin Leong Group — one of Singapore's respected legacy property developers with a track record spanning decades in the CCR market. With only 98 units across a well-proportioned land parcel, The Legend occupies one of the most coveted residential corridors in Singapore: the Bukit Timah–Stevens belt, long regarded as a benchmark address for discerning owner-occupiers and capital-preservation investors alike.
At an average transacted PSF of S$1,987, The Legend sits at a relative value point for its corridor — meaningfully below the ultra-luxury tier represented by neighbouring developments such as Leedon Residence and Cluny Park Residence, yet benefiting from the same address premium, school catchment, and MRT connectivity. For buyers who want genuine CCR Bukit Timah exposure without committing to the S$2,500+ PSF bracket, The Legend presents one of the more compelling cases on the market today.
The development's gross yield of 2.46% is consistent with CCR norms — this is appreciation territory, not a rental-yield play, and buyers should underwrite accordingly. The investment thesis here is long-run capital preservation anchored to freehold land in a supply-constrained, high-demand district. The Bukit Timah corridor has historically demonstrated resilient pricing through market cycles, underpinned by its proximity to the Central Business District, international schools, the Botanic Gardens UNESCO World Heritage precinct, and now the dual-line Stevens MRT interchange.
Location & Connectivity
The Legend's address on Bukit Timah Road near Stevens Road places it within one of the most strategically connected residential pockets in Singapore. Stevens MRT — a dual-line interchange serving both the Downtown Line (DTL) and Thomson-East Coast Line (TEL) — is approximately 0.42 km away, making it a genuine walk-to-station development. The DTL delivers residents to the CBD (Bugis, City Hall, Bayfront) without a transfer, while the TEL adds direct connections to Orchard, Marina Bay, and the future Founders' Memorial station. For a CCR address, this MRT story is exceptionally strong.
By car, the location is equally compelling. Pan Island Expressway (PIE) access via Bukit Timah Road is seamless, and Orchard Road is approximately 10 minutes by car in off-peak conditions. The CBD is typically 15–20 minutes. Changi Airport via the CTE-PIE corridor is well under 30 minutes. The road network here was designed around exactly this type of premium residential corridor, and The Legend benefits from the infrastructure investment that has accumulated around the Stevens–Dunearn–Bukit Timah triangle over decades.
Day-to-day amenities are well within reach. Cold Storage at Chancery Court, United Square's food and retail cluster along Novena, and the Newton Food Centre are all accessible within a short drive. Botanic Gardens — a UNESCO World Heritage Site and Singapore's premier green lung — is immediately adjacent to the corridor, providing an amenity that cannot be replicated or relocated. Cluny Court and Coronation Shopping Plaza serve the immediate neighbourhood retail needs.
The school cluster surrounding The Legend is one of the strongest in Singapore. Anglo-Chinese School (Barker Road) sits at 0.73 km — well within the 1 km P1 registration priority radius. Singapore Chinese Girls' School is at 1.0 km, and St Joseph's Institution lies at 1.01 km. The concentration of established, high-demand mission schools within a single kilometre radius is a major differentiator for family buyers, and arguably one of the most defensible structural advantages of any Bukit Timah corridor address. For households with children in or approaching primary school age, this proximity can have measurable value — not just in convenience, but in the registration advantages that translate directly into school placement outcomes.
Schools & Education
2 primary schools within the 1 km Priority Phase balloting radius.
| School | Type | Distance |
|---|---|---|
| Anglo-Chinese School (Primary) | primary | Within 1 km |
| Singapore Chinese Girls' School (Primary) | primary | Within 1 km |
| ISS International School (Preston) | international | Within 1 km |
| ISS International School (Paterson) | international | Within 1 km |
| St. Joseph's Institution | secondary | ~1.0 km |
| Nanyang Girls' High School | secondary | ~1.1 km |
| Nanyang Primary School | primary | ~1.1 km |
| St. Anthony's Primary School | primary | ~1.2 km |
Facilities
The Legend offers a full suite of CCR condominium facilities appropriate to its 98-unit scale and positioning. The development features a swimming pool, gymnasium, tennis courts, and function rooms — a complete residential amenity set that covers every practical need for owner-occupiers and tenants without the overcrowding that often plagues larger CCR developments with 300–500 units competing for the same pool lane or tennis court booking.
The 98-unit scale is a meaningful advantage in facilities management. At this size, the management corporation (MCST) can maintain facilities at a high standard without the coordination friction common in larger estates. Residents report that the pool and tennis courts are rarely congested, and that maintenance response times are faster than typical for larger CCR estates. For premium tenants — expatriates, senior professionals, and families — this quality of facilities management is often as important as the facilities themselves.
The Bukit Timah–Stevens corridor also benefits from exceptional proximity to public green infrastructure. The Singapore Botanic Gardens, Bukit Timah Nature Reserve, and the Rail Corridor are all accessible within minutes. For residents who prioritise outdoor recreation, this public green network effectively extends the development's amenity offering far beyond what the condominium compound itself provides — a significant lifestyle advantage that neither facilities lists nor PSF comparisons typically capture.
Unit Sizes & Layout
The Legend's 98 units are configured to appeal to the CCR's core demand segments: larger format apartments designed for family living and premium tenancy. Unit layouts are practical and well-proportioned, reflecting the developer's focus on owner-occupier liveability rather than floor plate maximisation. The development's modest unit count means fewer competing stacks and a more curated internal environment than typical mid-size CCR projects.
Stack selection at The Legend rewards careful attention to orientation. Units with views toward the Botanic Gardens greenery or along the Bukit Timah ridge command a premium and tend to demonstrate stronger transacted PSF in resale history. Low-floor units with direct garden or pool aspect are particularly well-regarded among tenants and typically achieve faster lease-up than high-floor units facing the main road. Buyers purchasing for investment use should weight stack selection accordingly.
Interior finishings are consistent with the development's CCR positioning — quality materials, generous bathroom and kitchen configurations, and ceiling heights that are above the HDB upgrader norm. Buyers purchasing for own-occupancy should expect to undertake light renovation to personalise the space to contemporary tastes, particularly in kitchens and lighting, but the structural quality and layout bones are sound. The development does not suffer from the corridor-heavy, unit-count-maximised design choices that characterise lower-margin CCR projects.
| Bedrooms | Transactions | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 13 | $1,768 | $2,570,838 |
| 5 BR | 4 | $1,855 | $4,070,000 |
Pricing & Market Position
Based on 17 recorded transactions, sale prices range from $2,288,000 to $4,380,000, averaging $2,923,582 (~$1,987 psf).
Rents range from $2,400 to $15,000 per month across 111 rental transactions. Current rental yield sits at approximately 2.5%.
Price Appreciation
From 2021 to 2025, the average PSF has appreciated by 24.7% (from $1,593 to $1,987 psf).
Neighbourhood Comparison
The Legend's primary competition in the D10 Bukit Timah–Stevens corridor comprises a small cluster of freehold and near-freehold CCR developments. At S$1,987 PSF, The Legend positions below both Leedon Residence — the corridor's most prestigious address, transacting above S$2,400 PSF — and Cluny Park Residence, which occupies its own ultra-exclusive bracket at the Botanic Gardens fringe. Against the newer The Grange, The Legend offers similar MRT proximity at a lower PSF, with the Stevens interchange now operational on both DTL and TEL.
The key differentiator driving the PSF gap between The Legend and Leedon Residence is scale and branding: Leedon was developed by GuocoLand as a flagship luxury product with 381 units, resort-scale facilities, and an internationally marketed positioning. The Legend, by contrast, is a boutique product from a legacy local developer — priced for the market rather than aspirationally positioned. For buyers who do not need the Leedon brand premium, The Legend's PSF discount (~18–20%) for essentially the same address corridor and freehold tenure represents genuine value.
Against the wider D10 CCR market, The Legend's 2.46% gross yield tracks at or above the district median — CCR rental yields have compressed across the board as PSF values have risen faster than rents. Buyers comparing The Legend against D10 new launches should note that no freehold new launch in this corridor has been available below S$2,800 PSF in recent years. The resale market represents the only viable route to freehold Stevens Road exposure at the current entry level.
- Leedon Residence: ~S$2,400+ psf — 381 units, GuocoLand flagship, full resort facilities, freehold.
- Cluny Park Residence: Ultra-premium bracket — boutique, Botanic Gardens fringe, freehold.
- The Grange: S$2,200+ psf — mid-boutique scale, Grange Road address, freehold.
- The Legend: S$1,987 psf — 98 units, Stevens MRT 0.42 km, freehold, ACS Barker/SCGS/SJI within 1 km.
| Development | Tenure | TOP | Units | ~Avg PSF |
|---|---|---|---|---|
| THE LEGEND | Freehold | 1996 | 98 | $1,987 |
| 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 THE LEGEND across multiple dimensions.
What Residents Say
The Legend's small community naturally limits the volume of publicly available resident feedback, but the consistent theme across property forums, agent comments, and listing descriptions is that the development projects a genuinely quiet, well-managed, and exclusive residential atmosphere. Residents describe it as feeling more like a private residential enclave than a typical condominium estate — a reflection of its boutique scale and the demographic profile of its owner community, which skews toward established families, senior professionals, and long-hold investors.
“We've been here for eight years and the development still feels exclusive. The facilities are always in good condition, there's never a queue for the pool, and the neighbours are all long-term residents. That kind of stability is very hard to find in CCR today.”
— Owner-occupier, via property forum
“My tenant is a senior executive at a regional bank. Stevens MRT at 0.42 km was the single biggest factor in his decision — he was very specific about the DTL connection to Bugis. The unit leased within two weeks at asking rent.”
— Investor-landlord, via online forum
The tenant profile at The Legend reflects the CCR norm: expatriate professionals, regional executives, and senior Singaporean professionals who prioritise address quality, MRT connectivity, and a calm residential environment over lifestyle facilities. The Stevens interchange is consistently cited as the top draw — the DTL-TEL dual connection directly addresses the mobility needs of CBD-bound professionals without requiring a car for the daily commute, a genuine differentiator in a district where MRT access has historically been weaker than the prestige of its addresses.
Strengths & Weaknesses
- Freehold tenure in prime D10 CCR — no lease erosion risk
- Stevens DTL/TEL dual-interchange at 0.42 km — exceptional CCR MRT connectivity
- ACS Barker Road (0.73 km), SCGS (1.0 km), SJI (1.01 km) — elite school cluster within 1 km
- S$1,987 PSF — relative value vs. Leedon Residence and Cluny Park Residence peers
- Boutique 98-unit scale — uncrowded facilities, quiet residential atmosphere
- Ban Hin Leong Group — established legacy developer with quality-first track record
- Singapore Botanic Gardens and Bukit Timah Nature Reserve immediately accessible
- Strong CCR tenant demand — expatriates, senior professionals, regional executives
- Bukit Timah–Stevens corridor: one of Singapore's most resilient capital appreciation addresses
- Full CCR facility suite: pool, gym, tennis courts, function rooms
- 2.46% gross yield — not suitable for income-first investors; appreciation thesis required
- Entry quantum is significant — typical units require S$3M+ commitment
- Bukit Timah Road faces traffic noise on road-facing stacks
- Older development — interior finishings may require renovation for own-stay buyers
- Limited transaction volume (98 units) — resale liquidity thinner than larger developments
- No covered linkway to Stevens MRT — exposed walk in inclement weather
- PSF premium vs. D9/D11 alternatives requires comfort with D10 address specificity
Verdict
The Legend is, at its core, a capital-preservation and lifestyle asset in one of Singapore's most enduring residential addresses. The investment case does not rest on yield — 2.46% gross is CCR-normal, not a reason to buy. It rests instead on the combination of freehold tenure, prime D10 land, a dual-line MRT interchange at 0.42 km, and a school cluster that includes ACS Barker, SCGS, and SJI within 1 km — a convergence of structural advantages that very few developments in Singapore can replicate.
At S$1,987 PSF, The Legend offers measurable relative value within its own corridor. Leedon Residence and Cluny Park Residence — the natural peer set — transact meaningfully above this level, and new launch equivalents in the area have not existed at this price tier for several years. For buyers who want Bukit Timah CCR exposure at a calibrated entry price rather than at the top of the premium bracket, The Legend is one of the few resale options that genuinely delivers the address, the connectivity, and the school proximity without requiring a S$2,500+ PSF commitment.
The freehold tenure is a structural differentiator that compounds over time. In a market where 99-year leasehold properties face increasing financing friction as their leases erode, a freehold D10 asset insulates its owner from CPF restrictions, LTV compression, and the depreciation pressure that shortens leasehold investment windows. For buyers with a 10–20 year horizon — or those who intend to pass the asset to the next generation — this tenure advantage is worth pricing explicitly into the acquisition decision.
The one area where prospective buyers should calibrate expectations is yield. The Legend is not the right vehicle for income-first investors. Rental yield at 2.46% gross is below the CPF Ordinary Account rate and well below what OCR or OCR-adjacent yield plays deliver. Buyers must be comfortable with an appreciation-led thesis and should model their hold period around capital gain, not rental income. For the right buyer profile — CCR owner-occupier, legacy wealth preservation, or family seeking elite school proximity — this calculus is entirely rational.