Perhaps it isn’t too much of a surprise that D’Leedon is a top-performer. It was a headliner even when it launched: Seven 36-storey towers and 1,715 units made it one of the largest prime district condos ever launched; and it was designed by the notable Zaha Hadid Architects.
But even then, the project was not without its critics. The sheer scale of the development raised eyebrows, particularly due to its leasehold nature – another uncommon aspect for a new condo in District 10, where freehold tends to be the norm. And with more than 1,700 units, some buyers questioned whether the lack of exclusivity within the condo would be a drawback.
A decade on, D’Leedon gives us a rare chance to test those assumptions. Despite its early doubters, the analysis we have conducted suggests that this megadevelopment has been an outperformer.
Let’s look at D’Leedon’s performance from its launch in 2010 to 30th December 2025:
| Year | Average $PSF |
| 2010 | $1,547 |
| 2011 | $1,587 |
| 2012 | $1,493 |
| 2013 | $1,507 |
| 2014 | $1,600 |
| 2015 | $1,692 |
| 2016 | $1,550 |
| 2017 | $1,320 |
| 2018 | $1,491 |
| 2019 | $1,588 |
| 2020 | $1,607 |
| 2021 | $1,678 |
| 2022 | $1,772 |
| 2023 | $1,879 |
| 2024 | $1,971 |
| 2025 | $2,019 |
| Annualised | 1.79% |
Since D’Leedon is a 99-year leasehold project, we will use only similar leasehold projects to compare this result. Here’s how it performed compared to the Singapore-wide 99-year private residential leasehold market, as well as to the 99-year leasehold market in D19:
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