CDL's District 9 Launch Track Record: What Irwell Hill Residences Signals for Peck Hay Road

By Davis Ng ·

Peck Hay Road Residences is still pre-launch — unit sizes, total pricing and the launch date itself are all TBA. For a District 9 site this close to Newton MRT, the most useful comparison isn't a citywide average, it's what the same developer did on the last comparable site in the same district. CDL's most recent District 9 launch, Irwell Hill Residences on Irwell Bank Road (River Valley / Institution Hill, roughly the same prime-central pocket as Newton), is the closest real precedent available today.

Irwell Hill Residences — CDL's last District 9 launch

Irwell Hill Residences launched on 10 April 2021. The numbers from that launch weekend:

  • 540 total units, with 278 units (over 51%) sold by 6pm the day after launch
  • Preview pricing started from roughly S$2,500 psf, with the launch weekend average around S$2,700 psf
  • One-bedroom-plus-study and two-bedroom units were the most popular configurations
  • A four-bedroom Sky Penthouse sold for over S$9 million (~S$4,123 psf)
  • About 80% of buyers were Singaporean, the rest PRs and foreign buyers (China, Malaysia, Indonesia, Australia, South Korea, UK)

Irwell Hill Residences sits in the same broad prime-central band as Newton — walkable to the Orchard Road corridor, similarly served by the core rail network, and subject to the same District 9 land-scarcity dynamics that push per-square-foot pricing higher than the city average. It's not the same postal sector as Peck Hay Road, but it's the closest recent CDL launch in character and location, which makes it a more honest comparison than pulling in an outer-region EC or a mass-market suburban condo.

What this does and doesn't tell a Peck Hay Road buyer

This isn't a price forecast for Peck Hay Road Residences — that stays TBA until CDL releases an actual price list, and nothing here should be read as a projection. What the Irwell Hill data does support:

  1. District 9 launches from CDL have sold briskly at launch — just over half the project moved inside a single weekend at Irwell Hill, well above what a soft, undersubscribed launch would look like.
  2. Compact, high-efficiency layouts (1BR+study, 2BR) led demand — worth watching for in Peck Hay Road's eventual unit mix, since this pattern shows up consistently in prime-district CDL launches where absolute quantum, not just psf, drives buyer decisions.
  3. Prime-district psf in Singapore has stayed resilient — Irwell Hill's ~S$2,700 psf average in 2021 reflects the land-scarcity premium that District 9 sites carry regardless of developer; it's a district-level pattern, not something specific to any one launch.

For the details that are already confirmed about this specific project — unit count (~315), distance to Newton MRT, and the current build status — see the location guide and the developer profile. To get the confirmed price list and floor plans the moment CDL releases them, register for a showflat appointment or request the e-brochure; both channels will be updated with real numbers, and current balance unit status, as soon as they're official. The price page tracks what's confirmed versus what's still TBA in the meantime.

Sources

Figures above are drawn from CDL's own newsroom release on Irwell Hill Residences and independent property-press coverage of the same launch (EdgeProp). See the citations below.

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