LEEDON 2 Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 1997
~$2,128Avg PSF (12-month)
72Total units
Category Ratings
Walkability
6.0
Investment
6.0
En-Bloc Potential
5.7
ShiokNest Score
6.1

Overview & Key Facts

LEEDON 2 is a freehold condominium at LEEDON ROAD in District 10 (CCR), developed by MULTI-CITY HOLDING (S) PTE LTD, comprising 72 units, completed in 1997.

Developer
MULTI-CITY HOLDING (S) PTE LTD
Tenure
Freehold
Total units
72
TOP year
1997
District
10 — CCR
Street
LEEDON ROAD

Location & Connectivity

LEEDON 2 is approximately 170m from Holland Village MRT station, with 5 stations within 1.5 km.

MRT stations near LEEDON 2
StationLineDistance
Holland VillageCircle Line170m
Buona VistaEast-West Line1 km
Buona VistaCircle Line1 km
CommonwealthEast-West Line1.2 km
Farrer RoadCircle Line1.3 km

Schools & Education

18 schools within 2 km.

Schools near LEEDON 2
SchoolTypeDistance
Commonwealth Secondary SchoolSecondary1.2 km
Lycee Francais de SingapourInternational1.5 km
Swiss School SingaporeInternational1.5 km
Hwa Chong InstitutionSecondary1.5 km
Hwa Chong Institution (JC)Jc1.5 km
Hollandse SchoolInternational1.5 km
Hwa Chong International SchoolInternational1.6 km
Raffles Girls' Primary SchoolPrimary1.6 km

Unit Mix & Pricing

Unit mix for LEEDON 2
TypeSalesAvg PSFAvg Price
2 BR4$2,088 psf$1,652,000
3 BR5$1,996 psf$2,288,000

Market Position

LEEDON 2 has recorded 9 sales at an average price of $2,005,333.

LEEDON 2 sits at the 44th percentile of District 10 condo PSF.
$2,128 psf
Avg PSF (12mo)
$2,005,333
Avg Price
2.4%
Gross Yield
9
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at LEEDON 2 typically rent harder per dollar of purchase price:

Per-bedroom gross yield at LEEDON 2
TypeAvg RentAvg PriceGross Yield
2 BR$3,653/mo$1,652,0002.65%
3 BR$4,607/mo$2,288,0002.42%

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Price Appreciation

PSF trend for LEEDON 2
YearSalesAvg PSFYoY
20212$1,810 psf
20221$2,028 psf↑ 12.0%
20231$1,984 psf↓ 2.2%
20241$2,183 psf↑ 10.0%
20253$2,086 psf↓ 4.4%
20261$2,255 psf↑ 8.1%

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The latest reading marks the highest point in this series — LEEDON 2 prices have climbed 24.6% since 2021.

Price Index Check

The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% 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

District 10 competitors
CondoTenureAvg PSFSales
SKYE AT HOLLAND99 yrs lease commencing from 2024$2,946 psf666
LEEDON GREENFreehold$2,786 psf574
D'LEEDON99 yrs lease commencing from 2010$1,869 psf452
HYLL ON HOLLANDFreehold$2,649 psf328
FOURTH AVENUE RESIDENCES99 yrs lease commencing from 2018$2,468 psf299

What Could Work Against You

  • With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 72-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

The profile fits mrt-walkable commuters, international school families, sea-view / waterfront and long-term hold (10+ yr) best. Located ~174m from Holland Village MRT, this property is a comfortable daily walk for transit commuters.

For foreign / absd-aware buyers and heavy renovation / value seekers, it can work — but weigh the trade-offs before committing.

yield-focused investors and resort facilities should probably look elsewhere. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

LEEDON 2 is a freehold development in District 10 (CCR), with 72 units, offering a gross yield of 2.4%.

At ~$2,128 psf, it reflects its premium CCR positioning.

Explore the full LEEDON 2 dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing LEEDON 2 against staying public? These HDB towns sit within walking or short-drive distance:

  • Queenstown — 4-room average $1,002,705 (410m away), an upgrader gap of about $1,000,000
  • Bukit Timah — 4-room average $846,049 (1 km away), an upgrader gap of about $1,150,000

FAQ

What is the average PSF for LEEDON 2?
The 12-month average is approximately $2,128 psf.
Is LEEDON 2 freehold?
Yes, LEEDON 2 is a freehold property.
What is the rental yield for LEEDON 2?
The estimated gross yield is 2.4%.
Which MRT is nearest to LEEDON 2?
The nearest is Holland Village MRT at 170m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 9 transactions
  • Rental data: 145 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of January 2026

Latest recorded data point: Jan 2026 · 9 records analysed · Source: URA private-sale caveats

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