Villas @ Gilstead

D11 (CCR) Freehold
District 11 ·Freehold ·Completed 2010
~$601 Avg PSF (12-month)
1.9% Rental yield
18 Total units
Category Ratings
Facilities
4.5
Unit size & layout
9.0
Value for money
6.5
Neighbourhood
8.5
MRT accessibility
7.5
Lease remaining
10.0

Overview & Key Facts

Villas @ Gilstead is one of Singapore’s more quietly distinguished strata landed addresses — an intimate collection of 18 freehold homes tucked along Gilstead Road in District 11, completed in 2010 by Villas at Gilstead Pte Ltd, a wholly-owned subsidiary of the award-winning Wee Hur Holdings. The development comprises 10 semi-detached houses, 6 terrace houses, and 2 bungalows — each rising three storeys with an attic and basement — arranged as a gated cluster that marries the space and privacy of landed living with the security and shared amenities of a managed condo estate.

The land parcel was assembled on one of the most sought-after streets in the Newton–Novena corridor, a neighbourhood long favoured by expatriate families, Singapore’s professional class, and education-conscious parents who prize proximity to the Mission Schools belt. At just 18 homes, Villas @ Gilstead is about as exclusive as a strata landed product gets in Singapore — maintenance contributions are shared across a tiny resident community, fostering a village-like atmosphere that larger condo estates cannot replicate.

EdgeProp transaction records show the development trading at an average PSF of approximately S$601 in recent months, with a median transaction price around S$4.47 million — a meaningful entry point for freehold landed floor area in the Core Central Region. The 1.93% gross yield reflects the reality that strata landed rentals are priced by floor area rather than per-square-foot rates, and that tenants in this product tier typically rent for space, school proximity, and lifestyle — not commuting convenience alone.

Developer
VILLAS AT GILSTEAD PTE LTD
Tenure
Freehold
Total units
18
TOP year
2010
District
11 — CCR
Street
GILSTEAD ROAD

Location & Connectivity

Location is the defining strength of Villas @ Gilstead. Gilstead Road sits in a residential precinct bounded by Newton Road to the south and Dunearn Road to the west — a quiet, tree-lined enclave that feels several removes from the urban hum of Orchard Road, yet is measurably close to it. Newton MRT (NS21/DT11) is approximately 0.54 km away, and Novena MRT (NS20) is 0.55 km — an unusual dual-station advantage that provides residents with access to both the North–South Line and the Downtown Line from essentially the same walking distance. Orchard is two stops, City Hall five stops, and Raffles Place six stops from Newton.

For drivers, the Central Expressway (CTE) and Dunearn Road connect efficiently to the CBD and the northern expressway network. The development’s Gilstead Road address is also well-positioned for cross-island travel — Bukit Timah Road and the Pan Island Expressway (PIE) are minutes away. Parking is built into the basement of each home, so residents are not reliant on the shared surface lots that constrain many older cluster estates.

The neighbourhood amenity profile is exceptional for a low-density landed precinct. United Square Shopping Mall (0.7 km), Velocity@Novena Square (0.9 km), and Square 2 (0.9 km) form a trifecta of retail, dining, and lifestyle outlets within easy walking or cycling distance. Novena Medical Centre and Tan Tock Seng Hospital are under a kilometre away — a meaningful consideration for families with elderly parents. The Thomson Nature Park and Lower Peirce Reservoir are accessible by car for weekend recreation.

The dual-MRT dividend
Access to both Newton (NS/DT interchange) and Novena (NS line) within 550 metres is an uncommon advantage for landed housing in Singapore. Most strata landed addresses in D11 require a longer walk to a single station. For car-optional households, this meaningfully expands the development’s tenant and owner-occupier pool.

Schools & Education

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

Nearby Schools
SchoolTypeDistance
Singapore Chinese Girls' School (Primary)primaryWithin 1 km
Anglo-Chinese School (Primary)primaryWithin 1 km
St. Joseph's InstitutionsecondaryWithin 1 km
St. Margaret's Primary SchoolprimaryWithin 1 km
St. Margaret's Secondary SchoolsecondaryWithin 1 km
CHIJ Our Lady Queen of Peaceprimary~1.1 km
New Town Primary Schoolprimary~1.2 km
St. Anthony's Primary Schoolprimary~1.3 km

Facilities

Facilities at Villas @ Gilstead are deliberately restrained — a reflection of the product category rather than a shortcoming. The development provides a communal swimming pool, a gym, and a basement car park, supplemented by the private basement garages attached to each home. There is no clubhouse, tennis court, or resort-style amenity deck. Buyers considering this development for its facilities footprint will be disappointed; those buying for the landed floor plan, freehold tenure, and neighbourhood address will find the shared amenities to be a pleasant addition rather than a primary draw.

The security infrastructure is a genuine differentiator versus conventional landed housing. As a gated cluster estate, Villas @ Gilstead benefits from perimeter fencing, controlled access, and shared estate management — a level of security that individual landed houses on open roads cannot match without private security arrangements. For expatriate families and high-net-worth owner-occupiers who value both space and safety, this hybrid model is a compelling proposition.

“The pool is small but well-maintained — it’s more of a lap pool for the morning swim. The real draw is the privacy. You feel like you’re in a proper house, not a condo. Our kids can run around the estate without us worrying.”

— Resident review via PropertyGuru

Pricing & Market Position

Based on 10 recorded transactions, sale prices range from $3,500,000 to $5,200,000, averaging $4,285,778 (~$601 psf).

Rents range from $6,300 to $9,000 per month across 13 rental transactions. Current rental yield sits at approximately 1.9%.


Price Appreciation

From 2021 to 2025, the average PSF has declined by 12.5% (from $766 to $670 psf).

2022
-6.4%
$717 psf
2024
+21.5%
$871 psf
2025
-23.1%
$670 psf

Neighbourhood Comparison

Within the strata landed category on Gilstead Road itself, Villas @ Gilstead competes most directly with Gilstead Brooks (28 units, 2005, freehold terrace and semi-detached) at approximately S$944 psf, and Gilstead Court at around S$1,469 psf. Villas @ Gilstead’s recent psf range of S$601–$870 sits at the lower end of the Gilstead Road cluster spectrum, reflecting both the product mix (terrace units transacting at lower psf than the semi-Ds and bungalow) and the vintage of the transactions. Buyers seeking a direct unit-size comparison should focus on absolute prices rather than psf — a S$4.3–4.5M semi-detached at Villas @ Gilstead delivers substantially more floor area than any condominium unit in the same district at equivalent pricing.

Against conventional D11 condominiums, the comparison inverts. Pullman Residences Newton at ~S$3,075 psf and Watten House at ~S$3,236 psf are priced at 4–5× the psf of Villas @ Gilstead — but offer resort facilities, larger unit counts, and a condo lifestyle that the cluster estate does not. The buyer making a direct choice between Villas @ Gilstead and these developments is choosing between landed space and lifestyle facilities — a values decision rather than a value decision. Stacked Homes’ D11 analysis consistently flags that the CCR landed segment holds value through cycles differently from mass-market condos, making the tenure and typology comparison as important as the psf comparison.

District 11 Comparables
DevelopmentTenureTOPUnits~Avg PSF
VILLAS @ GILSTEADFreehold201018$601
PULLMAN RESIDENCES NEWTONFreehold2021340$3,075
WATTEN HOUSEFreehold2023180$3,236
SOLEIL @ SINARAN99 yrs lease commencing from 20062011417$1,970
PEAK RESIDENCEFreehold202190$2,489
AMARYLLIS VILLE99 yrs lease commencing from 19972004311$1,899

ShiokNest Scores

Our proprietary scoring system evaluates VILLAS @ GILSTEAD across multiple dimensions.

Walkability
60/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
Investment
43/100
-29.7% YoY ·2.2% yield ·1 txns/yr ·Freehold ·0.54 km to MRT ·+3.6% district YoY ·En-bloc 50/100
En-Bloc Potential
50/100
Verdict: Moderate
Overall ShiokNest Score
54/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We moved here from an apartment and the difference is remarkable. Having our own basement, three floors, and a small garden area — it’s proper landed living without the hassle of maintaining a standalone house. The gated security gives us peace of mind.”

— Resident review via PropertyGuru

“School bus picks up the children right outside the gate. Anglo-Chinese Primary, SCGS, and SJI are all within a kilometre. For families in Phase 2C registration, this address is as good as it gets in District 11.”

— Resident review via EdgeProp

“The estate is very quiet — only 18 families. You know your neighbours. Gilstead Road itself has very little through-traffic. The only downside is that the pool is basic and the gym small, but honestly we mostly use Velocity or the park nearby for fitness.”

— Resident review via SingaporeExpats

Strengths & Weaknesses

Strengths
  • Freehold tenure — no lease decay in perpetuity
  • True landed living: 3 storeys + attic + basement private car park per unit
  • Dual MRT access: Newton (NS/DT) 0.54km AND Novena (NS) 0.55km
  • Exceptional school belt: SCGS (0.41km), ACS Primary (0.53km), SJI (0.68km)
  • Gated cluster estate security — shared perimeter access control
  • Only 18 homes — boutique community, scarce resale supply
  • Wee Hur Holdings construction quality — 2010 build with basement per unit
  • United Square, Velocity, Square 2 malls within 1km
  • Novena Medical Centre and TTSH within 1km
  • CCR address with landed typology — extremely rare combination
Weaknesses
  • Low gross yield (~1.93%) — not a rental income play
  • Modest shared facilities — pool and gym only, no tennis or clubhouse
  • Avg PSF data ($601) reflects thin transaction volume — only 10 sales recorded
  • PSF trend volatile year-on-year due to tiny unit count
  • Narrow buyer and tenant pool for strata landed product
  • High absolute entry price (~$4.3–4.5M) limits purchaser universe
  • Limited market liquidity — off-market deals common, price discovery opaque
  • Walkability score 60/100 — car still needed for some amenities
Best for — Education-focused families Expatriate households (landed format) Long-hold capital appreciation buyers Freehold CCR landed collectors High-net-worth downsizers (GCB to cluster) Dual-income professionals needing space Yield-focused landlords Buyers prioritising condo facilities

Verdict

Villas @ Gilstead occupies a precise and defensible niche in Singapore’s residential market: freehold strata landed in the Core Central Region, within walking distance of two MRT stations, flanked by some of the island’s most sought-after primary schools. That combination of address, tenure, and school proximity is genuinely scarce. With only 18 homes and freehold title, the development will never be replicated on this land parcel — a supply constraint that provides a structural floor beneath resale values even in softer market conditions.

The investment case is nuanced. The 1.93% gross yield is low in absolute terms, but it accurately reflects the reality of large-format landed rentals: rental income scales with floor area, not PSF rates, and the tenant pool for this product is narrower but willing to pay absolute rents that few apartment landlords achieve. For investors targeting capital appreciation over a 10–20 year hold — particularly given the freehold tenure and CCR location — the long-run case is sound. For yield-focused buyers seeking 3–4%, this is the wrong product category.

The clearest competition comes not from the condominium listings in the same district (Pullman Residences, Watten House), but from comparable strata landed alternatives along Gilstead Road itself — Gilstead Brooks (28 units, freehold, 2005), and the various Good Class Bungalow areas in the Upper Bukit Timah belt for buyers with larger budgets. Within its category, Villas @ Gilstead’s combination of new-millennium construction, dual-MRT access, and CCR address makes it a reference-quality cluster estate.

Frequently Asked Questions