Is this a good time to buy a unit at Irwell Hill Residences (condo)?

Irwell Hill Residences is a 99-year leasehold condominium in District 9, located close to the Orchard Road shopping belt, major MRT stations, and various amenities, making it highly attractive for both own stay and investment purposes.

As of mid-2025, the project’s average price is around S$2,600 to S$2,900 per square foot, with two-bedroom units transacting around S$1.8 to S$1.9 million. The rental yield is currently strong at approximately 3.5%, which is considered attractive for a property in the Core Central Region. The location, connectivity, and array of amenities further enhance its appeal for both owners and tenants.

Market experts note that Irwell Hill Residences is priced competitively compared to other new launches in the same district, and its entry price point is relatively accessible for a prime district address. The project is also newly completed (2025), so buyers will have the advantage of a modern product without the usual premium that comes with brand-new launches.

With stable demand for city-centre living, strong rental yields, and strategic positioning, Irwell Hill Residences presents a compelling value proposition for buyers considering entry into the core central property market. However, buyers should always assess their own financial situation, long-term goals, and market conditions before making a purchase, as with any significant property decision.