Duo Residences

Duo Residences is a leasehold (99 yrs from 2011) apartment completed in 2017. It is developed by OPHIR-ROCHOR COMMERCIAL PTE LTD/OPHIR-ROCHOR HOTEL PTE LTD/OPHIR-ROCHOR RESIDENTIAL PTE LTD. The development occupies a land area of 13,008 sqm and a Gross Floor Area of 78,045 sqm. It consists of 670 units. According to records, buyers of this development are Singaporean 67.0%, PR 13.9%, Foreigner 13.6%, Company 5.5%.

DUO RESIDENCES is located along Fraser Street in Downtown Core, in District 7. It is accessible through the nearest MRTs including Bugis DT14, EW12 and Nicoll Highway CC5.

Based on transaction data in the last 12 months, sale prices range from S$ 1,973 psf to S$ 2,445 psf at an average of S$ 2,173 psf. Its highest recorded transaction was S$ 2,978 psf in May 2023 for a 420-sqft unit. Its lowest recorded transaction was S$ 1,513 psf in Dec 2013 for a 1,184-sqft unit. Its current rental yield is at 3.9%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, SF (313) PTE. LTD., and 3 Shopping Mall(s): Duo Galleria, Bugis Junction, Golden Landmark Shopping Complex.

Buyers and tenants are attracted to District 7, which consists of Beach Road, Bugis, the Golden Mile, Middle Road and Rochor areas. Most of the properties in this district are commercial properties with a small selection of residential properties. Home buyers looking for Bugis properties can choose from a small selection of HDB flats off Middle Road, at Bras Basah Complex and at Rochor Centre. The private residential properties at Bugis are similarly scarce, with projects such as Duo Residences and Midtown Modern witnessing strong demand. Shopping and dining options abound in District 7, with many malls in the area including Bugis Junction and Bugis+. Many hotels such as the Intercontinental Singapore, Carlton Hotel and Raffles Hotel are located within the district or in close proximity to cater to tourists visiting the region.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.