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By SG PropertiesPublished 6 min readUpdated

DUO Residences Review: 660-Unit Bugis Tower by Ole Scheeren

DUO Residences review: 660-unit, 99-year leasehold tower by Ole Scheeren at 1 Fraser Street (D7), TOP 2017, linked to Bugis MRT. Resales averaged S$2,277 psf.

Artist's impression of DUO from above: two curved towers clad in a hexagonal honeycomb sunshade pattern, with planted roofs and terraces, beside Beach Road and the Kallang River

Image: M+S Pte Ltd (developer), artist's impression

Short answer: DUO Residences is a 660-unit, 99-year leasehold tower at 1 Fraser Street in District 7, part of the DUO mixed-use development designed by Ole Scheeren. It was developed by M+S, a Temasek and Khazanah Nasional joint venture, completed in 2017, and has an underground link to Bugis MRT. Resales averaged S$2,277 psf over the past 12 months.

Updated 29 September 2026. This page replaces an earlier version that contained incorrect facts; see the correction note at the end.

What is DUO Residences?

DeveloperM+S Pte Ltd, a joint venture of Temasek Holdings (Singapore) and Khazanah Nasional (Malaysia); the residential entity is Ophir-Rochor Residential Pte Ltd
ArchitectBüro Ole Scheeren
Address1 Fraser Street, Singapore 189350 (District 7); blocks at 1, 3, 5 and 7 Fraser Street
Tenure99-year leasehold from 1 July 2011 (just under 84 years left in September 2026)
Units660 in one 49-storey residential tower
LaunchedNovember 2013
Completed2017
Nearest MRTBugis, Downtown Line and East-West Line, linked underground

Sources: EdgeProp project page (developer entities, lease start, units, completion); Stacked Homes directory (storeys, completion); Büro Ole Scheeren (client, architect, MRT connection); EdgeProp, 24 May 2018 (joint venture, launch); OneMap (postal addresses).

DUO has two towers on a 26,700 sq m site bounded by Ophir Road, Beach Road, Rochor Road, North Bridge Road and Fraser Street. The residential tower sits beside DUO Tower, which holds offices and the Andaz hotel (about 340 rooms, opened December 2017), above the 56,000 sq ft DUO Galleria retail space (Büro Ole Scheeren; EdgeProp, 24 May 2018). The towers' concave facades carry a hexagonal pattern of sunshades, which gives the project its honeycomb look.

What unit types does DUO Residences have?

The tower is weighted towards small homes. Stacked Homes (22 February 2018) gives this mix, which adds up to 660:

Unit typeUnitsSize
Studio54420 to 527 sq ft
1-bedroom289538 to 743 sq ft
2-bedroom (incl. 2-bedroom + study)218818 to 1,184 sq ft
3-bedroom591,432 to 1,722 sq ft
4-bedroom341,841 to 1,927 sq ft
Penthouse62,390 to 4,392 sq ft

Sizes are from Stacked Homes; EdgeProp (7 October 2022) gives the same penthouse range. EdgeProp (24 May 2018) described the last unsold 3-bedroom units as 1,528 to 1,772 sq ft, so the largest 3-bedroom may be slightly bigger than Stacked Homes' figure. Facilities include a 50 m lap pool, a sky pool, spa pools and a gym (Stacked Homes, 2018).

How far is DUO Residences from Bugis MRT?

The development connects underground to Bugis station, which serves the Downtown Line and East-West Line. Stacked Homes gives a 210 m, three-minute walk. On OneMap, the point for the Downtown Line station (DT14) on Rochor Road is about 80 m from 1 Fraser Street in a straight line, and the East-West Line station on Victoria Street is about 280 m (our measurements). Nicoll Highway station on the Circle Line is about 650 m away in a straight line.

How much has DUO Residences sold for?

PeriodFigureSource
Launch, November 2013468 of the 540 units released sold in three days (about 87%), average about S$2,000 psf; EdgeProp puts the launch average at S$1,987 psfThe Straits Times via AsiaOne, 18 November 2013; EdgeProp, 24 May 2018
March 2015First resale: 1,432 sq ft for S$2.4 million (S$1,676 psf), bought in December 2013 for S$2.93 million (S$2,049 psf); a loss of S$534,050EdgeProp, 6 April 2015
May 2018Last 10 units on offer from about S$2,100 psfEdgeProp, 24 May 2018
September 2022Penthouse of 4,392 sq ft for S$11.48 million (S$2,613 psf), bought in November 2016 for S$9.34 million (S$2,127 psf)EdgeProp, 7 October 2022
Last 12 months to September 202622 sales, average S$2,277 psf, range S$2,041 to S$2,481 psfStacked Homes (checked 29 September 2026); EdgeProp gives the same average and range
10 September 2026About S$1.45 million (S$2,041 psf) for 710 sq ftStacked Homes

We checked the arithmetic: S$2.4 million for 1,432 sq ft is about S$1,676 psf; S$2,934,050 for the same unit is about S$2,049 psf; S$11.48 million for 4,392 sq ft is about S$2,614 psf (EdgeProp rounds it to S$2,613); and the penthouse gain of S$2.14 million is about 23% of the purchase price. The 2015 seller also paid S$288,000 in seller's stamp duty, according to EdgeProp. Outcomes depend heavily on when a unit was bought, so compare like-for-like units using URA caveats before drawing conclusions.

What do DUO Residences units rent for?

Stacked Homes recorded a median rent of S$5,000 a month across 345 leases in its latest 12-month data. We do not quote a rental yield, because estimates on different sites differ and a yield depends on each buyer's purchase price.

Who might DUO Residences suit?

This is a summary of trade-offs, not a recommendation. DUO Residences' distinctive features are its direct link to a two-line MRT interchange, a hotel, offices and retail in the same development, and a design by Ole Scheeren. The trade-offs: most homes are studios, one- and two-bedroom units, so there are fewer family-sized layouts, and the 99-year lease started in 2011. Our guide to lease decay and CPF rules explains how remaining lease affects financing, and the ABSD guide covers stamp duties on second and later purchases.

FAQ

Who developed DUO Residences? M+S Pte Ltd, a joint venture of Temasek Holdings and Khazanah Nasional.

Is DUO Residences freehold? No. It is a 99-year leasehold from 1 July 2011.

When was DUO Residences completed? In 2017, according to EdgeProp and Stacked Homes.

How many units does DUO Residences have? 660, in a 49-storey tower.

Is DUO Residences connected to Bugis MRT? Yes. It has an underground link to Bugis station on the Downtown and East-West Lines.

What was the launch price of DUO Residences? About S$2,000 psf on average when it launched in November 2013.

Correction

29 September 2026: An earlier version of this page named Khek Leng Company and Tribute Lifestyle as co-developers, said the lease began in 2012 with about 88 years left, and gave the unit mix as one- to four-bedroom units of 45 to 146 sq m. DUO Residences was developed by M+S Pte Ltd (Temasek and Khazanah Nasional) alone, has a 99-year lease from 1 July 2011 (just under 84 years left), and includes studios and penthouses of up to 4,392 sq ft. Unsupported or wrong claims were removed: that Rochor station is within 10 minutes' walk, that sky gardens sit on levels 18 and 38, that landscaping is by Cicada, that the Kampong Bugis precinct is complete, that The Tennery is a nearby new completion, and that Chatsworth International School's Orchard campus is nearby. An offer of a paid "full report" was also removed.

Disclaimer: This page is for information only and is not investment advice. SG Properties is not a licensed estate agency and is not affiliated with the developer.

Sources

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