Le Wilkie Price Trends and Market Analysis: What Buyers Need to Know
Le Wilkie's pricing landscape in 2026 reflects a stable, mature freehold development in one of Singapore's most desirable districts. With recent transactions ranging from S$1,665 per square foot (psf) for sale and rental yields hovering around 3.4%, this 41-unit development on Wilkie Road offers investors and owner-occupiers a compelling profile worth examining closely. Understanding these price trends is essential for making informed decisions in District 09's competitive property market.
Current Pricing Overview: What Le Wilkie Units Cost Today
As of January 2026, Le Wilkie's pricing reflects the premium positioning of this freehold development in the Rochor neighbourhood. The most recent recorded sale occurred in March 2024, where a 829-sqft unit sold for S$1,380,000, translating to S$1,665 psf. This price point places Le Wilkie competitively within District 09, particularly when compared to newer developments like Liv on Wilkie nearby, which commands S$1,913 to S$2,275 psf.
Current market listings show Le Wilkie units priced between S$525,000 and S$1.72 million, with most transactions clustering in the S$1,600-S$1,700 psf range. For context, a typical 2-bedroom unit of approximately 800-900 sqft would cost around S$1.28 to S$1.50 million at current market rates, while 3-bedroom units (1,000-1,100 sqft) typically range from S$1.60 to S$1.85 million.
Rental Market Dynamics: Income Potential for Investors
The rental market at Le Wilkie demonstrates consistent demand and healthy yields for property investors. Recent rental data from 2025 shows 2-bedroom units commanding S$4,000 to S$4,800 monthly, while 3-bedroom units rent for S$4,600 to S$5,100 per month. This translates to rental yields of approximately 3.4% annually—a respectable return for a freehold property in a prime location.
Monthly rental rates per square foot range from S$4.36 to S$6.00 psf, depending on unit size and condition. Larger 3-bedroom units (1,200-1,300 sqft) have shown rental rates between S$5,100 and S$6,200 monthly, representing S$3.92 to S$5.17 psf. The consistency of these rental figures across multiple quarters in 2024 and 2025 suggests stable tenant demand, particularly among professionals seeking proximity to the Orchard business district and River Valley lifestyle amenities.
Historical Price Performance: Understanding Market Trends
Le Wilkie's price trajectory since its completion in 1996 reveals the development's resilience as a freehold asset. Historical transaction data shows the property has appreciated significantly from its lowest recorded price of S$564 psf in February 2004 to current levels of S$1,665 psf—a 195% increase over two decades. This appreciation underscores the value of freehold tenure and the district's sustained desirability.
More recent trends from 2023 to 2025 show price stability rather than dramatic appreciation. The S$1,665 psf achieved in March 2024 remains the benchmark transaction, with no significant deviations recorded in subsequent quarters. This suggests the market has reached an equilibrium price point, reflecting both the property's age (completed 1996) and its premium location advantages. For investors, this stability indicates Le Wilkie is a hold-and-collect-rent play rather than a short-term capital appreciation opportunity.
Location Advantages: Why District 09 Commands Premium Pricing
Le Wilkie's positioning on Wilkie Road in District 09 (Rochor neighbourhood) places it at the intersection of Orchard's retail magnetism and River Valley's residential charm. The development sits just a 6-minute walk from Little India MRT station, providing direct access to the Circle Line and connections throughout Singapore. This accessibility justifies the premium psf pricing compared to more distant developments.
The surrounding neighbourhood offers exceptional convenience: Wilkie Edge shopping mall is immediately adjacent, while Parklane Shopping Mall and GR.iD are within walking distance. Grocery options including CS Fresh, Don Don Donki, and specialty retailers cater to diverse resident needs. For dining and entertainment, the area's proximity to Orchard Road's restaurants and cafes, combined with Little India's cultural attractions, creates a vibrant lifestyle ecosystem that appeals to both owner-occupiers and tenants.
Comparative Market Position: How Le Wilkie Stacks Up
Understanding Le Wilkie's value requires comparing it to nearby developments. Wilkie Regency, located just 50 metres away, trades at S$1,822 to S$1,858 psf—approximately 10-12% higher than Le Wilkie. This premium reflects Wilkie Regency's newer construction and potentially enhanced facilities. Conversely, Hock Mansion, also nearby, trades at S$1,223 to S$1,406 psf, roughly 15-20% below Le Wilkie, suggesting age and maintenance condition significantly impact pricing in this micro-location.
Compared to the broader District 09 market, Le Wilkie represents solid mid-range positioning. While newer freehold developments command higher psf rates, Le Wilkie's combination of freehold tenure, established location, and rental yield makes it attractive for investors prioritizing income stability over capital appreciation. The development's 41-unit size creates a tight-knit community while maintaining sufficient liquidity for resale transactions.
Investment Considerations: Is Le Wilkie Right for Your Portfolio?
Le Wilkie appeals most to investors seeking steady rental income rather than rapid capital gains. The 3.4% rental yield, while modest compared to suburban developments, reflects the premium location and freehold status. For owner-occupiers, the development offers an established community with proven amenities and a location that balances work accessibility (proximity to Orchard and CBD) with lifestyle convenience.
Key investment strengths include freehold tenure (no lease decay concerns), consistent rental demand, proximity to premium shopping and dining, and MRT accessibility. Potential considerations include the 1996 completion date (requiring awareness of potential maintenance costs), the small 41-unit size (limiting community facilities compared to larger developments), and competition from newer, higher-specification properties in the immediate vicinity.
Homejourney's analysis emphasizes transparency in evaluating Le Wilkie: this is a mature, stable asset suitable for conservative investors prioritizing yield over growth, or owner-occupiers seeking an established neighbourhood with proven livability. The freehold status provides security against lease depreciation—a critical factor as Singapore's property market increasingly focuses on remaining lease length.
Financing Your Le Wilkie Purchase: Mortgage Considerations
For buyers considering Le Wilkie, understanding financing options is essential. Most banks offer 80% loan-to-value (LTV) for freehold properties, meaning a S$1.5 million purchase would require approximately S$300,000 down payment. With current mortgage rates available through Homejourney's Bank Rates resource, buyers can calculate precise monthly obligations based on their preferred loan tenure.
The freehold status simplifies financing compared to leasehold properties, as banks don't apply lease-length restrictions on LTV ratios. A 25-year mortgage on a S$1.2 million property at prevailing rates would result in monthly payments of approximately S$5,500-S$6,000, depending on rate fluctuations. Homejourney's mortgage calculator helps buyers model various scenarios and understand their true affordability before committing.
Frequently Asked Questions About Le Wilkie Pricing
Q: Has Le Wilkie appreciated significantly since 1996?
A: Yes, Le Wilkie has appreciated from S$564 psf in 2004 to S$1,665 psf in 2024—a 195% increase. However, recent years show price stability rather than rapid appreciation, suggesting the market has reached equilibrium pricing for this mature freehold development.
Q: What rental yield can I expect from Le Wilkie?
A: Current rental yields are approximately 3.4% annually. A 2-bedroom unit renting for S$4,500 monthly on a S$1.35 million purchase price yields roughly 4% gross return, though net returns depend on maintenance costs and vacancy periods.
Q: How does Le Wilkie compare to nearby developments?
A: Le Wilkie's S$1,665 psf sits between Hock Mansion (S$1,223-S$1,406 psf) and Wilkie Regency (S$1,822-S$1,858 psf). The pricing reflects Le Wilkie's age, freehold status, and established location. Newer developments command premiums, while older properties trade at discounts.
Q: Is Le Wilkie a good investment for capital appreciation?
A: Le Wilkie is better suited for income-focused investors. The stable pricing and consistent rental demand make it ideal for yield-seeking investors, while those prioritizing capital gains might consider newer developments with stronger appreciation potential.
Q: What's the typical monthly cost for a 2-bedroom at Le Wilkie?
A: Purchase prices range from S$1.28 to S$1.50 million for 2-bedroom units. With 80% financing and current mortgage rates, monthly payments typically range from S$5,500 to S$6,500 over 25 years. Rental income of S$4,000-S$4,800 monthly can offset a portion of this cost.
Making Your Decision: Next Steps with Homejourney
Understanding Le Wilkie's price trends and market position is the foundation for confident decision-making. Homejourney's commitment to user safety and trust means providing verified data, transparent pricing information, and honest assessments of investment potential. Whether you're an owner-occupier seeking an established neighbourhood or an investor evaluating yield opportunities, Le Wilkie deserves careful consideration within your broader property strategy.
Ready to explore Le Wilkie further? Browse available units and current listings through Homejourney's Property Search feature, where you can filter by price, unit size, and amenities. For comprehensive analysis of Le Wilkie's complete profile—including detailed unit types, facilities, and neighbourhood amenities—visit our Projects Directory to access the full project overview. If you'd like personalized guidance on whether Le Wilkie aligns with your investment goals, our team of trusted agents can provide market insights and help you navigate the purchase process with confidence.
For related insights on District 09 properties and investment strategies, explore our comprehensive guide: Le Wilkie District 09: Complete Guide to Units, Prices & Living Le Wilkie District 09: Complete Guide to Units, Prices & Living | Homejourney , which provides deeper context on the neighbourhood's lifestyle, schools, and long-term market outlook.
