OUE Twin Peaks – District 9 CCR Luxury Condo with Designer Interiors

Introduction

• Tenure: 99-year Leasehold (from 10 May 2010)[1]
• Developer: Cove Development Pte Ltd (a subsidiary of OUE Limited)[2]
• No. of Storeys: Two towers, 36 storeys each (identical high-rise towers)[3][4]
• Land Area: ~130,982 sq ft (12,163 sqm) site area[5][6]
• Designed by: Award-winning SCDA Architects (architecture) and Bill
• Bensley (landscape design)[7][8]
• Total Units: 462 luxurious residential units (fully furnished 1- to 3-bedroom apartments)[3][9]
• Location: 33 Leonie Hill Road, District 9 (Orchard / River Valley) – prime Core Central Region (CCR) locale near Orchard Road[10]
• Completion Date: Q1 2015 (Temporary Occupation Permit obtained Feb 2015)[11]
• Developer Introduction: OUE Twin Peaks was developed by OUE Limited, a renowned Singapore-based property developer. OUE Limited is a diversified real estate owner and operator with a portfolio of distinctive commercial, hospitality, retail, and residential developments across Asia and the US[12]. With a track record of iconic projects and asset management expertise, OUE brings its hallmark luxury and quality to OUE Twin Peaks, creating a landmark residence in the heart of Singapore’s shopping belt.

Two elegant 36-storey towers soar above Leonie Hill Road, defining the skyline of Singapore’s prime District 9. OUE Twin Peaks stands as a luxury condo near Orchard Road that offers unparalleled urban resort living amidst the city’s most coveted addresses.[13][14]

WHAT MAKES OUE TWIN PEAKS AN IDEAL HOME?

OUE Twin Peaks offers an exceptional blend of location, luxury, and lifestyle that makes it an ideal home for discerning homeowners and investors alike. First and foremost, its prime location on Leonie Hill Road (just off Orchard Road) means residents enjoy the prestige of a District 9 address along with immediate access to Singapore’s most vibrant shopping and dining district[15]. Despite being in the city center, the development is set slightly away from the main road, providing an oasis of serenity amidst urban conveniences[2]. The twin-tower design maximizes panoramic city views while maintaining privacy and exclusivity for residents.

Each residence at OUE Twin Peaks is delivered fully-furnished in a turnkey condition, featuring branded interiors with imported designer furniture and appliances. In fact, every apartment comes ready-to-live-in, outfitted with sophisticated pieces by renowned designers like Hans Wegner, Gerrit Rietveld, Charles & Ray Eames, Tom Dixon, and Matthew Hilton[16]. This means that homeowners and tenants can simply move in with their luggage – a unique proposition even among luxury condos. The bespoke furnishings and high-end fittings not only exude style and comfort but also underscore the development’s positioning as a “luxury condo Orchard Road” enclave where no expense has been spared to create an upscale living environment[17].

Furthermore, the project’s resort-grade facilities and services elevate daily life into an extended vacation. Residents have access to amenities such as a stunning Olympic-length swimming pool, jacuzzi and jet spas, an elegant clubhouse with gourmet dining suites, and even a library and reading lounge for quiet relaxation[18][19]. For wellness and leisure, the condominium offers state-of-the-art triple-volume sky gyms on the 13th floor, providing inspiring city views during workouts[8]. There are also open-air Sky Loggias on the rooftop (36th storey) complete with a sky bar, creating an ideal venue for private parties against the glittering skyline[20][21]. A dedicated concierge service is on hand to assist residents – from booking facilities to arranging services – ensuring that living in OUE Twin Peaks is synonymous with convenience and personalized luxury[22]. Lush tropical landscaping envelops the property, transforming common areas into a tranquil garden sanctuary. The landscape, crafted by acclaimed designer Bill Bensley, features exotic plants, artistic lighting installations, and serene water features that together “provide a sublime escape at the doorstep of your own home”[20].

Importantly for investors, OUE Twin Peaks has proven to be turnkey-ready with high rental demand in the Orchard area. Its fully-furnished apartments appeal to international corporate tenants and expatriates who seek immediate occupancy in a stylish home without the hassle of outfitting it themselves. The coveted location next to Orchard Road’s offices and amenities further fuels rental interest. Even celebrities have taken notice of Twin Peaks’ allure – famous actor Jackie Chan and singer Wakin Chau are reported to have purchased units here, underscoring its status as an exclusive residence of choice[23]. Whether for owner-occupation or leasing out, the development’s combination of prime locality, designer interiors, and comprehensive facilities makes it a trophy asset with enduring appeal.

CONNECTIVITY

Living at OUE Twin Peaks means enjoying superb connectivity in the heart of Singapore’s city center. The development is just a short walk from two major MRT stations on the North-South Line – Somerset MRT Station and Orchard MRT Station. In fact, Somerset MRT is roughly a 7–8 minute walk (about 600m) via Orchard Road, putting the island’s train network within easy reach for residents[24]. Orchard MRT (including the new Thomson-East Coast Line interchange) is also easily accessible, ensuring effortless public transit to the Central Business District (CBD), Marina Bay, and other parts of the city.

For those traveling by car, OUE Twin Peaks offers quick access to Singapore’s expressways. The development is a mere 5-minute drive from the CBD via River Valley Road and the Central Expressway (CTE)[25]. Major arterial roads like Orchard Boulevard and Grange Road connect the residence to other prime districts, while the CTE and Ayer Rajah Expressway (AYE) provide convenient routes to industrial hubs and the airport. This central connectivity means professionals can commute to workplaces in Raffles Place, Marina Bay, or One-North within minutes, and families can easily reach schools and other daily destinations.

Multiple bus services also operate along Orchard Road and River Valley Road, offering additional public transport options. Whether one prefers to hop on the MRT, catch a bus, or drive, OUE Twin Peaks’ District 9 location near Somerset MRT ensures that all modes of transportation are readily available. This seamless connectivity enhances the appeal of the Leonie Hill residences, making city living truly hassle-free for its residents.

EDUCATIONAL INSTITUTIONS

For families with school-going children (or those planning ahead for future family needs), OUE Twin Peaks is surrounded by reputable schools and educational institutions in and around District 9. Living in this prime area means having access to some of Singapore’s top schools, from primary to tertiary levels, as well as international schools for expatriate families. Notable institutions in the vicinity include:

• River Valley Primary School – A well-regarded local primary school within a short distance, known for its academic excellence[26].
• Anglo-Chinese School (Junior) – A prestigious boys’ school (primary level) located a few minutes’ drive away, offering quality education and a rich heritage[26].
• ISS International School (Elementary & Middle Campus) – An international school on Paterson Road, just around the corner, catering to expatriate children with an international curriculum.
• Swedish Supplementary School – An institution providing language and cultural education for the Swedish community, also located nearby[26].
• Chatsworth International School (Orchard Campus) – (Relocated in recent years) Previously in the Orchard area, Chatsworth has offered international curricula and the IB program to students from diverse backgrounds.
• Singapore Management University (SMU) – Although a short MRT ride away in the city’s central Bras Basah area, SMU is easily accessible for older students pursuing tertiary education in business, law, or social sciences.

Additionally, other respected schools such as Raffles Girls’ School (Secondary) (which was historically in the Orchard vicinity) and St. Joseph’s Institution are within a reasonable radius. The presence of these educational institutions near Leonie Hill enhances OUE Twin Peaks’ appeal to families and investors, as proximity to good schools is a key factor in maintaining strong property values and rental demand. International families will also appreciate the selection of international schools and enrichment centers in the Orchard area, ensuring children have access to quality education without long commutes.

SHOPPING MALLS

Located a stone’s throw from Singapore’s premier shopping belt Orchard Road, OUE Twin Peaks offers unparalleled convenience for shopping enthusiasts. Orchard Road is famously lined with world-class malls, department stores, and luxury boutiques, and living at Leonie Hill means all these retail indulgences are virtually at your doorstep. Below is a look at some of the major shopping malls near OUE Twin Peaks and what they offer:

• ION Orchard – An iconic mall about a 10-minute walk away, ION Orchard is home to luxury designer brands (Louis Vuitton, Chanel, Dior), high-street fashion, and a gastronomic selection of restaurants and food hall eateries[27]. Its distinctive architecture and observation deck also make it a landmark on Orchard Road.
• Ngee Ann City & Takashimaya – A large upscale complex featuring the Takashimaya Department Store, Ngee Ann City also houses luxury brands (e.g., Cartier, Burberry) and the popular Books Kinokuniya store. It’s perfect for lifestyle shopping and dining, and is roughly 800m from Twin Peaks[27].
• Wisma Atria & Wheelock Place – Two adjacent malls near Orchard MRT; Wisma Atria offers fashion retailers and a well-known food court, while Wheelock Place features specialty stores and the flagship Apple Store. Together, they cater to a broad range of shopping needs and are easily reachable on foot or a short drive[28].
• 313@Somerset & Orchard Central – Located above Somerset MRT (about 600m away), these malls target a younger crowd with trendy fashion outlets (Zara, Uniqlo), hip cafes, and rooftop dining (Orchard Central’s roof garden). They provide a vibrant shopping experience day and night, practically in the Twin Peaks’ backyard.
• Paragon – A luxury mall known for high-end fashion (Prada, Miu Miu), medical specialist centers, and gourmet dining options. Paragon’s proximity offers convenient access to upscale retail and healthcare services for residents.
• Great World City – Just slightly outside the Orchard belt (a short 5-minute drive or one MRT stop via the new Thomson-East Coast Line), Great World City is a recently revamped mall near River Valley, with a cinema, supermarket, and a plethora of family-friendly shops and restaurants[27]. It’s a handy option for everyday needs and entertainment, complementing the Orchard Road offerings.

Residents of OUE Twin Peaks enjoy a Core Central Region luxury condo Singapore lifestyle, with a resort-style pool and lush decks that provide a tranquil retreat after a day of shopping on Orchard Road. The Olympic-length swimming pool is surrounded by tropical greenery and art installations, reflecting the development’s urban resort ambiance[21].

Collectively, these malls and shopping centers ensure that daily conveniences, high-end retail therapy, and entertainment are always within easy reach. Whether it’s picking up groceries, indulging in the latest fashion collections, or catching a movie, OUE Twin Peaks’ Orchard locale means you are never more than a few minutes away from the action. This close proximity to a multitude of shopping malls not only offers unmatched convenience but also cements Leonie Hill’s reputation as one of Singapore’s most vibrant residential enclaves for those who crave the city life.

LEISURE OPTIONS

Beyond shopping, the location of OUE Twin Peaks affords residents a wealth of leisure and recreational options. District 9 and its surroundings host numerous cultural, social, and outdoor attractions for all ages – perfect for enjoying downtime after work or on weekends. Here are some highlights of leisure options near OUE Twin Peaks:

• Singapore Botanic Gardens – A UNESCO World Heritage site just a 10-minute drive from Leonie Hill, the Botanic Gardens offer expansive lush greenery, walking trails, and picnic spots. It’s an ideal escape for nature lovers and those seeking calm, and its Jacob Ballas Children’s Garden is great for families.
• Fort Canning Park – Located near the River Valley area (a short drive or a couple of MRT stops away), Fort Canning is a historic hilltop park offering walking trails, outdoor lawn event spaces, and heritage landmarks. It often hosts concerts, theatre productions, and festivals, adding cultural vibrancy close to home.
• The Singapore River & Robertson Quay – Just down River Valley Road, Robertson Quay is a charming waterfront precinct filled with art galleries, alfresco cafés, and bars. An evening stroll or jog along the Singapore River (towards Clarke Quay and Boat Quay) provides both scenic relaxation and a taste of the city’s nightlife by the water.
• Country Clubs and Lifestyle Facilities – Residents who are members of private clubs will find the prestigious Tanglin Club and The American Club within a short drive. These clubs offer sports facilities, dining, and social events. Additionally, Camden Medical Centre nearby provides wellness and medical spa services for a healthy lifestyle.
• Cinemas and Entertainment – Orchard Road is home to several cinemas (Cathay Cineleisure Orchard, Shaw Lido, and GV Plaza Singapura slightly further down) for the latest movies. There are also venues like Scape (youth park) and Orchard Emerald Hall that host events, ensuring there’s always something happening in the area.

For those inclined towards art and culture, the National Museum of Singapore and Esplanade – Theatres on the Bay are a short MRT or cab ride away, offering a rich array of exhibits, concerts, and performances. From green parks to nightlife, and from fitness to arts, the leisure options around OUE Twin Peaks truly cater to a diverse, cosmopolitan lifestyle. Residents can strike the perfect balance between the tranquility of home and the excitement of city living, all within easy reach of their Leonie Hill abode.

DINER’S DELIGHT

Foodies and gourmands will find OUE Twin Peaks an excellent base to explore Singapore’s famous culinary scene. The Orchard and River Valley area boasts an eclectic mix of dining options, from hawker fare to haute cuisine, ensuring that every craving is satisfied:

• Local Hawker Delights: For an authentic taste of Singapore, the Zion Riverside Food Centre (about a 5-minute drive away) offers hawker classics like char kway teow and spicy laksa in an open-air setting by the river. Additionally, the famed Newton Food Centre is a short drive north, where one can feast on barbecue stingray, satay, and chili crab – perfect for a casual night out under the stars.
• Fine Dining Restaurants: Orchard Road is dotted with high-end dining establishments. Within nearby hotels and malls, you’ll find Michelin-starred and celebrity restaurants. Examples include Les Amis (French haute cuisine at Shaw Centre, a 3-Michelin-star establishment) and Iggy’s (modern European cuisine, often listed among Asia’s best restaurants). For Japanese omakase or gourmet sushi, places like Hashida Sushi at Mohamed Sultan or Shoukouwa (two Michelin stars) in the vicinity can impress discerning palates.
• Trendy Cafés & Brunch Spots: Robertson Quay and Killiney Road area (just around the corner) are known for artisan cafés and brunch venues. Enjoy a lazy Sunday at cafés like Common Man Coffee Roasters or Tiong Bahru Bakery (Raffles City) for quality coffee and pastries. Closer to home, Orchard Central and Emerald Hill have hip eateries ideal for brunch or dessert.
• International Cuisine: Being in the heart of the city means you have global cuisines at your fingertips. Craving Italian, Chinese, or Middle Eastern? Head to Palais Renaissance for gourmet Italian at Buona Terra, or to Takashimaya’s Japan Food Town for authentic Japanese fare. The myriad of restaurants at Clarke Quay (just a short ride away) offers everything from American smokehouse BBQ to Mediterranean tapas.
• Everyday Convenience: For everyday meals or groceries, residents can pop over to Great World City or NTUC Fairprice Finest at 111 Somerset for a wide range of fresh produce and ready-to-eat options. Orchard Road’s malls also host food courts with local and Asian cuisines, ensuring even a quick lunch can be varied and delicious.

In essence, living at Leonie Hill means never having to worry about “what’s for dinner” – the options are practically endless. Whether it’s savoring Singapore’s famous street food or celebrating a special occasion at a fine-dining restaurant, OUE Twin Peaks’ central location puts you within minutes of it all. The Orchard area’s reputation as a foodie haven only adds to the lifestyle appeal for residents and tenants, making this development a delight for those who appreciate the culinary arts as much as the fine art of living.

The exclusive rooftop Sky Loggia at OUE Twin Peaks provides an ideal venue for private dining and cocktail parties, with panoramic views of Orchard Road’s city lights. This unique facility exemplifies the development’s commitment to luxury living – offering residents their very own sky-high entertainment lounge in the heart of town.[21]

TENURE

99-Year Leasehold in Prime District

OUE Twin Peaks is a 99-year leasehold condominium – a common tenure for luxury developments in Singapore’s prime districts. The leasehold tenure (commencing in May 2010) offers a compelling opportunity to own a piece of District 9 real estate at a more attainable entry price compared to rare freehold plots in the area[1]. Despite being a leasehold, it is situated in a prime district known as the Core Central Region (CCR), which historically sees strong property values due to its coveted location. In the case of OUE Twin Peaks, the tenure has not detracted from its appeal; on the contrary, buyers recognize that the value of this property lies in its unparalleled location next to Orchard Road and the quality of the product (luxury build, furnishings, facilities).

Singapore’s land scarcity means that even leasehold sites in central locations can command premium prices and enjoy healthy appreciation over time. The government’s land sales in prime areas are typically on 99-year terms, which is why many high-end condos (even in District 9) are leasehold. OUE Twin Peaks exemplifies this, having been developed on a leasehold government land tender yet delivering all the hallmarks of a high-end residence. It underscores that tenure is just one aspect – location and project attributes often matter more for long-term value. Being a 99-year leasehold in prime District 9 has not stopped OUE Twin Peaks from becoming one of the most sought-after luxury condos near Orchard Road, as evidenced by its strong sales and rental take-up.

Why 99-Year Leasehold Remains Attractive

In recent years, many homebuyers and investors have shown increased openness to leasehold properties, especially when these homes offer superb connectivity and amenities. Convenience, connectivity, and lifestyle offerings can outweigh tenure length for many modern buyers[29]. As noted in a market study, an increasing number of people are willing to “give up the freehold status for a leasehold property” if it means living next to MRT stations, being integrated with shopping malls, or close to popular schools and workplaces[29]. OUE Twin Peaks clearly fits this bill – it places residents in the heart of the city, mere steps from Orchard Road’s conveniences. The trade-off of a leasehold tenure is mitigated by the fact that daily life is enriched by unparalleled accessibility and a full suite of on-site facilities.

Moreover, the price gap between freehold and leasehold condos in Singapore has narrowed in the past decade[30]. Leasehold condos, especially in prime locations, have seen significant price appreciation as buyers realize the intrinsic value of location. Instead of paying a hefty premium for a freehold title in the same area, many investors find it more sensible to purchase a 99-year property that can offer comparable rental yields and capital growth if the location and build are superior. As one analysis highlighted, “buyers placed greater importance on convenience, lifestyle and amenities rather than solely focusing on the tenure”[31]. The strong performance of leasehold developments on the resale market is proof that they remain attractive propositions. In essence, OUE Twin Peaks’ leasehold status has not hindered its luxury positioning – if anything, it has allowed more buyers to partake in the Orchard area’s growth story at a relatively lower upfront cost than a hypothetical freehold equivalent.

Resale Value & Rental Demand for CCR Leasehold Condos

When evaluating a CCR (Core Central Region) leasehold condo like OUE Twin Peaks, one should consider its resale value prospects and rental demand. Properties in the Orchard Road vicinity have historically enjoyed robust demand from both local and overseas buyers. As long as the development is well-maintained and the remaining lease is healthy, CCR leasehold condos tend to retain value due to the enduring desirability of the location. In the case of Twin Peaks – completed in 2015 – the project is still relatively young, with decades of lease remaining, positioning it well for long-term value retention and even appreciation. Its architectural design and facilities have earned awards (including a Skyrise Greenery award)[32], which speak to its quality and appeal, further bolstering its reputation in the resale market.

Crucially, rental demand for District 9 condos is consistently high. Orchard Road is a magnet for expatriates, high-net-worth individuals, and young professionals who desire to live close to the city’s entertainment and business hubs. OUE Twin Peaks, being a luxury development that is move-in ready, commands premium rents. The fully-furnished aspect is a significant advantage in the rental market – tenants are often willing to pay higher rent for a designer-furnished unit where they can enjoy a turnkey lifestyle from day one. For investors, this means potentially higher rental yields and a broad tenant pool ranging from corporate lease clients to embassy staff and affluent singles or couples. Even as a leasehold, the “CCR luxury condo Singapore” profile of Twin Peaks – combining prestige and convenience – ensures it remains competitive against newer launches. As time goes on, units in Twin Peaks can appeal to those who prefer an Orchard address without the construction wait or the pricing of brand-new launches.

It’s also worth noting that market data indicates leasehold condos can be as profitable as freehold ones under the right conditions. In prime locations, a study found that leasehold condos had a high percentage of profitable resale transactions, sometimes even outperforming freeholds in absolute numbers of gains (though freeholds can edge out in per-unit profit)[33][34]. This suggests that an investment in a well-located leasehold like OUE Twin Peaks can be financially sound, provided buyers have a suitable holding period and enter at a fair price. Ultimately, the combination of strong rental income and the cachet of an Orchard address contribute to sustaining the resale value of OUE Twin Peaks. Its track record in attracting both homebuyers and tenants is a testament to how a 99-year leasehold condo in the CCR can indeed hold its own as a blue-chip property asset.

DEVELOPER BACKGROUND

OUE Twin Peaks was developed by Cove Development Pte Ltd, which is a wholly-owned subsidiary of OUE Limited[2]. OUE Limited (formerly Overseas Union Enterprise) is one of Singapore’s leading property developers and owners, with a distinguished history and diversified portfolio. Founded in 1964, OUE has grown into a major real estate player known for its landmark projects in commercial, hospitality, retail, and residential sectors. The company’s philosophy centers on investing in and enhancing a stable of distinctive properties that deliver both recurring income and development profits, thereby creating long-term shareholder value[35].

As a developer, OUE is synonymous with quality and prestige. It owns and managed iconic assets like the OUE Bayfront in the CBD, the Mandarin Gallery mall on Orchard Road, and previously the famed Mandarin Orchard (now Hilton Orchard) hotel. OUE Limited is also the sponsor of OUE Hospitality Trust and OUE Commercial REIT, reflecting its significant presence in the hospitality and office property sectors[36]. Internationally, OUE made headlines for owning the US Bank Tower in Los Angeles, exemplifying its reach beyond Singapore shores[37]. The group’s diverse expertise is evident in projects ranging from integrated developments to healthcare real estate.

Bringing this wealth of experience to the residential sphere, OUE Twin Peaks stands as a testament to OUE’s commitment to excellence. The project showcases the developer’s attention to detail – from the selection of a prime site, the engagement of top architects/designers, to the provision of luxury concierge services. OUE’s ability to deliver a fully-furnished luxury condominium that set new trends (such as deferred payment schemes and branded interior packages) also highlights their innovative approach in marketing high-end real estate[38]. Buyers can take confidence in the fact that OUE Limited’s involvement means robust property management and a proven track record backing the development. In summary, the developer background of OUE Twin Peaks is one of prestige and reliability. OUE Limited’s standing as a blue-chip developer adds to the investment appeal of the project, assuring buyers of the development’s quality and the likelihood of its enduring status as a premier address in Singapore.

Sources: Official OUE Twin Peaks brochure and factsheet[39][40]; Singapore real estate market analyses[29][30]; Orchard Road condo review and news reports[26][12]. All information is accurate as of the latest updates and reflects the features and positioning of OUE Twin Peaks in Singapore’s luxury property landscape.

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[6] [15] [32] OUE Twin Peaks Review: A Luxury Brand Condo – Property Blog Singapore

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[8] [20] [22] OUE Twin Peaks Condo Facilities and site plan | Singapore Condo Guru.

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[12] [35] [36] [37] OUE Twin Peaks by Cove Development Pte Ltd| Singapore Condo Guru.

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[24] [27] [28] OUE Twin Peaks Condominium For Sale in Singapore

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[29] [30] [31] [33] [34] Leasehold condos give freehold ones a run for their money – PropertyGiant Singapore – Market Trends

https://www.propertygiant.com/blog/leasehold-condos-give-freehold-ones-a-run-for-their-money