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By SG PropertiesPublished 5 min readUpdated

The Interlace Review: 1,040-Unit Depot Road Condo by CapitaLand and Hotel Properties

The Interlace review: 1,040 homes in 31 six-storey blocks at 180 Depot Road (D4), 99-year lease from 2009, completed 2013, World Building of the Year 2015.

The Interlace in daylight: six-storey white apartment blocks stacked at angles in a hexagonal pattern around landscaped courtyards and pools, set on a green hillside

Image: CapitaLand (developer)

Short answer: The Interlace is a 99-year leasehold condo at 180 Depot Road, District 4, with 1,040 homes in 31 six-storey blocks stacked around eight courtyards. It was developed by Ankerite Pte Ltd, a CapitaLand and Hotel Properties Limited joint venture, and completed in 2013. The nearest MRT station, Labrador Park, is about 2.4 km away on foot.

Updated 1 October 2026. This page replaces an earlier version that contained incorrect facts; see the correction note at the end.

What is The Interlace?

DeveloperAnkerite Pte Ltd, a joint venture of CapitaLand and Hotel Properties Limited
Address180 Depot Road, Singapore 109684 (District 4)
Tenure99 years from 11 February 2009
Homes1,040
Blocks31 six-storey apartment blocks, stacked in a hexagonal arrangement to a maximum of 24 storeys
Unit sizesFrom about 807 sq ft (two-bedroom); the largest layouts are about 3,983 sq ft, though one four-bedroom resale in October 2025 was recorded at 5,608 sq ft
Site80,761 sq m (about 8 ha), the former Gillman Heights estate
DesignOMA / Ole Scheeren (lead designer); RSP Architects Planners & Engineers (project architect)
Completed13 September 2013
Nearest MRTLabrador Park (CC27) on the Circle Line, about 2.4 km on foot

Sources: CapitaLand project page (address, units, blocks, site area, designers, completion date); EdgeProp project page (developer entity, lease start, maximum storeys); Stacked Homes directory (unit sizes, MRT walk); EdgeProp, 12 August 2017 (joint venture partners, Gillman Heights).

The site was the Gillman Heights estate, which CapitaLand bought in 2007, according to EdgeProp. Instead of conventional towers, the 31 blocks, each about 70 m long, are laid across one another in a hexagonal pattern around eight large courtyards, with roof terraces and sky gardens on the blocks below. The design was named World Building of the Year at the 2015 World Architecture Festival, as ArchDaily reported on 6 November 2015.

What did The Interlace sell for?

EdgeProp reported in August 2017 that 20 units had been resold that year at an average of S$1,079 psf.

In the 12 months to September 2026, Stacked Homes records 32 resales averaging S$1,698 psf, with prices from S$1.51 million to S$5.5 million; three-bedroom units averaged S$2.78 million (S$1,759 psf). EdgeProp shows the same S$1,698 psf average over its latest 12 months, with the highest at S$1,898 psf, for a 1,259 sq ft unit in June 2026. Check URA's private residential transaction search for current data.

What does The Interlace rent for?

Stacked Homes counts 248 leases from September 2025 to August 2026, at a median of S$8,000 a month, and estimates the gross yield at about 3.6%. EdgeProp puts rents at an average of S$4.8 psf a month and the yield at 3.4%. These are the sources' own estimates, not ours. The median rent reflects the project's large units, so compare like-for-like unit sizes when looking at rents.

How far is The Interlace from the MRT and schools?

There is no MRT station on Depot Road. Stacked Homes gives the walk to Labrador Park station (CC27) as 2.4 km. From OneMap coordinates, the 180 Depot Road address point is about 1.1 km in a straight line from Labrador Park and about 1.4 km from Queenstown station (EW19), which EdgeProp also lists. Because the site covers about 8 ha, distances vary by block.

Stacked Homes lists Blangah Rise Primary School at about 870 m; by OneMap coordinates it is about 920 m in a straight line from the 180 Depot Road address point. For Primary 1 registration, MOE measures distance from the school's land boundary to each home, using the Singapore Land Authority's OneMap, so check the specific block on OneMap's school query before relying on it.

Who might The Interlace suit?

This is a summary of trade-offs, not a recommendation. What is distinctive: an internationally awarded design with large shared courtyards and roof gardens, an 8 ha site beside the Southern Ridges, generally large units, and a big project with plenty of resale and rental data. The trade-offs: it is a 99-year leasehold, with about 81 years left as of October 2026; there is no MRT station within an easy walk, so getting to the train means a bus, a car or a long walk; and with 1,040 homes, many similar units can be on the market at once.

On financing, MAS sets lower loan-to-value limits by loan tenure and borrower age, not by a property's remaining lease. Remaining lease matters mainly for CPF use, which is covered in our lease decay guide.

FAQ

Who developed The Interlace? Ankerite Pte Ltd, a joint venture of CapitaLand and Hotel Properties Limited.

What is the tenure of The Interlace? 99-year leasehold from 11 February 2009, so about 81 years remain as of October 2026.

How many units and blocks does The Interlace have? 1,040 homes in 31 six-storey apartment blocks, stacked to a maximum of 24 storeys.

When was The Interlace completed? On 13 September 2013, according to CapitaLand.

Is there an MRT station near The Interlace? The nearest is Labrador Park (CC27) on the Circle Line, about 2.4 km on foot by Stacked Homes' measure. There is no Depot Road MRT station.

What awards has The Interlace won? It was named World Building of the Year at the 2015 World Architecture Festival.

Correction

1 October 2026: An earlier version of this page said a "Depot Road MRT" station on the Circle Line opened in 2021 about 350 m away; no such station exists, and the nearest station, Labrador Park, is about 2.4 km away on foot. It also gave the completion year as 2014 and the lease start as 2008 (the lease runs from 11 February 2009 and the project was completed on 13 September 2013), named CapitaLand as the sole developer (it was a joint venture with Hotel Properties Limited), listed one-bedroom units of 506 to 657 sq ft and an unsourced unit-count breakdown, put Radin Mas Primary 600 m away (it is about 2.5 km), and gave a median price of S$2,050 psf (recent resales average about S$1,698 psf). It also claimed that bank loan limits fall from 75% to 55% when less than 80 years of lease remain; MAS ties lower loan limits to loan tenure and borrower age, not remaining lease. An "Investment Grade: Buy" rating, a scoring table, an unsourced tenant profile, price history and forecasts, comparisons with other projects, and structured data naming another publisher were removed. The earlier version also ended mid-sentence.

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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