The Arcady at Boon Keng.
The brief
The Arcady at Boon Keng is a 172-unit freehold private condominium at 2 Saint Barnabas Lane in District 12, developed by a consortium of KSH Holdings, SLB Development and Ho Lee Group (H10 Holdings) via KSH Ultra Unity Pte Ltd. Designed by Park + Associates on a freehold parcel redeveloped from the former Euro-Asia Apartments. Launched 20 January 2024; 52.9% sold at a weighted average $2,633 psf per EdgeProp's project page. TOP target Q4 2027.
Pricing. Launch weekend cleared 51 units (29.7%) at an average $2,570 psf, with starting prices from just below $2,400 psf. Cumulative weighted average has lifted to $2,633 psf, primary inventory remains across larger configurations.
Location. Boon Keng MRT (NEL, NE9) is approximately 5 minutes on foot. The North-East Line connects to Little India, Dhoby Ghaut, Clarke Quay, and HarbourFront. Whampoa hawker market and Bendemeer Market are within walking distance for daily F&B amenity. Stamford American International School and Bendemeer Primary fall within the broader catchment.
Sources: EdgeProp launch coverage, EdgeProp project page.
Three things to know.
Freehold in Boon Keng
The Arcady at Boon Keng is a freehold redevelopment of the former Euro-Asia Apartments at 2 Saint Barnabas Lane. Freehold tenure in District 12 RCR at this scale is rare. The boutique 172-unit format limits future secondary supply, supporting price floor over the holding period.
KSH-SLB-Ho Lee consortium
KSH Holdings, SLB Development and Ho Lee Group (H10 Holdings) anchor the joint venture. Designed by Park + Associates, a Singapore architectural practice known for refined boutique residential work. The site adjoins Bendemeer's residential corridor and the Whampoa hawker market cluster.
Launched January 2024 alongside Hillhaven
Launch weekend (20 Jan 2024) cleared 51 units (29.7% of 172) at an average $2,570 psf, with starting prices from just below $2,400 psf. The same-weekend launch of Hillhaven drew parallel demand. Cumulative absorption at 52.9% per EdgeProp's project page at a weighted average $2,633 psf, primary inventory remains.
Fit & trade-offs
Who this is for.
Primary-market access to a 172-unit freehold boutique redevelopment of the former Euro-Asia Apartments at 2 Saint Barnabas Lane, Park + Associates architecture, five-minute walk to Boon Keng MRT on the North-East Line, and proximity to Whampoa hawker market
99-year leasehold OCR pricing below $2,200 psf, sub-5-minute MRT walk available at boutique CCR addresses, and direct CCR or Orchard frontage premium
- ·Buyers seeking primary-market entry into a freehold D12 RCR address
- ·Buyers prioritising direct Boon Keng MRT (NEL) access
- ·Buyers wanting boutique 172-unit scale in a freehold redevelopment
- ·Buyers needing immediate move-in (TOP Q4 2027)
- ·Buyers seeking 99-year leasehold OCR pricing below $2,200 psf
- ·Buyers prioritising direct CCR address premium
Unit mix
172 units. 5 typologies.
| Type | Size (sqft) |
|---|---|
| 1-Bedroom | 527 |
| 2-Bedroom | 667-764 |
| 3-Bedroom | 980-1410 |
| 4-Bedroom | 1625 |
| Penthouse | 2583 |
Across launch: $2,400 - $2,800 psf. Per-variant pricing on application.
Floor plans
8 typologies.
Block + stack layout. 172 units across 8 typologies.
Living here
On site, around.
- 50m lap poolpool
- Children's poolpool
- Gymnasiumwellness
- Yoga deckwellness
- BBQ pavilionssocial
- Function roomssocial
- Children's playgroundrecreation
- Conciergeutility
- Bendemeer Primary Schoolprimary
- Hong Wen Schoolprimary
- St. Andrew's Junior Schoolprimary
- Canossa Catholic Primary Schoolprimary
- Cedar Primary Schoolprimary
- Farrer Park Primary Schoolprimary
- First Toa Payoh Primary Schoolprimary
- Pei Chun Public Schoolprimary
Location
2 Saint Barnabas Lane (former Euro-Asia Apartments), Singapore.
Comparables
Other launches in context.
Track record
KSH Holdings, SLB Development priors.
Risks & catalysts
What could move.
- ·TOP Q4 2027 means construction milestone progress to verify before keys
- ·Boutique 172-unit scale limits facilities footprint relative to larger neighbours
- ·Three-developer (KSH-SLB-Ho Lee) consortium structure typically slower decision velocity
- ·Freehold tenure, increasingly rare in District 12 RCR, supports long-run holding value
- ·Boon Keng MRT (NEL, NE9) approximately 5 minutes on foot, NEL direct to Little India, Dhoby Ghaut, Clarke Quay, HarbourFront
- ·Whampoa hawker market and Bendemeer Market within walking distance for daily F&B amenity
- ·St. Andrew's Junior School and Junior College catchment within the broader area
FAQ
What buyers ask.
Q01Is The Arcady at Boon Keng still available from the developer?
Yes, primary inventory remains. The project is 52.9% sold per EdgeProp's project page at a weighted average $2,633 psf. Launch weekend (20 Jan 2024) cleared 51 units (29.7%) at an average $2,570 psf with starting prices from just below $2,400 psf. Remaining inventory spans across all configurations.
Q02Why does freehold tenure matter at The Arcady at Boon Keng?
Freehold land in District 12 RCR at 172-unit boutique scale is rare. Freehold tenure removes leasehold decay considerations, removes year-70 bank financing restrictions, and supports long-run holding value. The 172-unit scale limits future secondary supply, supporting price floor.
Q03How does The Arcady at Boon Keng compare to its same-weekend neighbour Hillhaven?
The Arcady at Boon Keng (172 units, freehold, $2,570 psf launch, RCR D12) and Hillhaven (341 units, 99-year, $2,000+ psf launch, OCR D23) launched the same weekend (20 Jan 2024). Both drew 50+ units of demand. The Arcady's freehold tenure and city-fringe positioning command a premium versus Hillhaven's OCR pricing; trade-off is unit scale and outdoor amenities.
Q04What is the school catchment for The Arcady at Boon Keng?
Bendemeer Primary, Hong Wen School, and St. Andrew's Junior School fall within the broader Boon Keng / Whampoa catchment. Stamford American International School is the international anchor. St. Andrew's Junior College is the JC tier.
Q05Who are the developers behind The Arcady at Boon Keng?
The Arcady at Boon Keng is developed by a consortium of KSH Holdings, SLB Development, and Ho Lee Group (H10 Holdings) via KSH Ultra Unity Pte Ltd. The site was redeveloped from the former Euro-Asia Apartments. Architecture by Park + Associates Pte Ltd.
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