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Ardmore Three

Ardmore Park · District 10 · Core Central Region (CCR) · Freehold

Ardmore Three is a condominium development in District 10 (CCR). Based on 12 URA-recorded transactions from 20212026, its median price is $6,215,000, with prices moving about -0.8%/yr.

The verdict · for an investor

Ardmore Three · Condominium · District 10 · Freehold

For Ardmore Three, the headwinds outweigh — tread carefully.

A soft record and thin fundamentals — this one needs a specific reason to buy, not just a keen price.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 11 min on foot; 9 supermarkets, 10 food & retail spots nearby.
  • Rentablesteady rental demand; transport nearby keep tenants coming.

What's holding it back

  • The 5-bed has lagged (−4.0%).
  • No Primary-1 priority school within 1km.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

Real caveats to weigh

Only with a specific reason, not just a keen price.

Rental yield

no rent record yet

Priced vs nearby

Above 6 of 7

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$3,386/sqft
6 sold here

What 1,787 sqft (large / penthouse) units go for here

$5.69Mmiddle ~$6.05M$6.41M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 1,787 sqft sales

Jun 20261,787 sqft · fl 06-10$6.35M$3,553 psf
May 20261,787 sqft · fl 26-30$6.28M$3,514 psf
Apr 20261,787 sqft · fl 16-20$5.62M$3,145 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$5.53 psf/mo). Change it if you know better.

The rent you’d get

/mo
2.0% gross yield
Thina home to live in, not a rental earner — you're banking on price growth, not the rent. At a typical 75% loan, the rent covers ~47% of the mortgage — you’d top up ~$11,250/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$6.05M

Aim at the middle or below. A patient buyer has been getting closer to $5.84M.

If you’re selling

~$6.32M

List at the top of fair; realistic close is $6.05M–$6.12M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$8.13M
Paper gain+$2.08M

Our blunt read: ~$2.08M over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~3.0%/yr), and past pace never promises the future.

Built from URA transactions for Ardmore Three — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Ardmore Three

Core Central Region (CCR) · District 10 · ~$3,515 psf

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Ardmore Three, its own prices are still climbing. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$3,515 psf, Ardmore Three is priced a bit above similar new projects nearby (~21% up) — you're paying a premium. But its own prices have gone flat (~-0.8%/yr over ~5 years). At this prime end foreign buyers are taxed out, so demand is thin — the seller may be more stuck than you are. So — push hard on price — this is a buyer's situation. If the seller won't move, walk; there's no rush.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Ardmore Three)

Supports prices

Ardmore Three's own prices are still climbing — about +5% in the latest year of sales.

Your area vs the rest

Supports prices

The prime districts (CCR) lagged the others since 2004 — more room to catch up.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,770 units).

1.8k units
New launches selling

Supports prices

New launches in this district are selling well — 7 recent ones are around 84% sold, so buyer demand here is healthy right now.

84% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

Holds prices back

Foreign buying has collapsed since the 60% tax — only ~1.4% of buyers now. For the prime market you're looking at, that's a real missing piece of demand.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$3,515 psf is ~21% above similar nearby projects (~$2,900). a bit high

(The whole prime average is ~$2,284 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Ardmore Three has grown ~-0.8%/yr over ~5 years. Similar nearby: Skye At Holland 0.1%, Leedon Green 0.1%, D'Leedon 4.3%, Upperhouse At Orchard Boulevard 6.8%, Hyll On Holland 2.3% — a 0.16.8%/yr spread (most around 2.3%).

market ~4.6%
Ardmore -0.8%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Unlikely at this pace
Sell earliest (yr 4):at its own ~-0.8%/yr, ~$3,404/sqft by year 4 — still short of $4,050.
Likely hits it:at ~-0.8%/yr it’s not trending up — it may never reach $4,050 on its own.
Best case:if it ran like its best neighbour (Upperhouse At Orchard Boulevard, ~6.8%/yr), about year 3.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$6,215,000

2021–2026 (URA)

Appreciation

-0.8%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Ardmore Three median price per sqft, by year

2021$3,660 psf
2022$3,129 psf-14.5%
2023$4,161 psf+33%
2024$3,527 psf-15.2%
2025$3,358 psf-4.8%
2026$3,515 psf+4.7%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Ardmore Three fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Ardmore Three

Questions people ask about Ardmore Three

Is Ardmore Three freehold or leasehold?

Ardmore Three is a freehold development in District 10 (Core Central Region (CCR)). Freehold means there is no lease running down.

How much does Ardmore Three cost per square foot?

Recent transactions at Ardmore Three are around $3,515 psf. Across its record, transacted prices range from $5,250,000 to $7,700,000.

Which primary schools are near Ardmore Three?

Within 1–2 km: Anglo-chinese School (primary), Singapore Chinese Girls' Primary School, Anglo-chinese School (junior). Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Ardmore Three?

The nearest MRT is Orchard MRT, about 630 m away (straight-line).

Has Ardmore Three gone up in value?

Across 12 URA-recorded transactions (2021–2026), prices at Ardmore Three have moved about -0.8% a year on average. That is a past record, not a forecast.

What condos are comparable to Ardmore Three?

Within a short walk: Nouvel 18, One Draycott, St Regis Residences Singapore, Boulevard 88, Scotts Square. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Ardmore Three a good buy?

Ardmore Three sits in Core Central Region (CCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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