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By SG PropertiesPublished 5 min readUpdated

The Landmark Review: 396-Unit Chin Swee Road Condo by ZACD, SSLE and MCC Land

The Landmark review: 396 homes in a 39-storey tower at 173 Chin Swee Road (D3), 99-year lease from 2020, beside Pearl's Hill City Park near Chinatown MRT.

Artist's impression of The Landmark: a single 39-storey bronze-toned tower with a sky lounge near the top and an infinity pool at its base, beside the trees of Pearl's Hill City Park

Image: Landmark JV Pte Ltd (developer), artist's impression

Short answer: The Landmark is a 99-year leasehold condo at 173 Chin Swee Road, District 3, with 396 homes in a single 39-storey tower beside Pearl's Hill City Park. It was developed by Landmark JV Pte Ltd, a joint venture of ZACD Group, SSLE Development and MCC Land, on the site of the old Landmark Tower, sold en bloc in 2018.

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

What is The Landmark?

DeveloperLandmark JV Pte Ltd, a joint venture of ZACD Group (38%), SSLE Development (32%) and MCC Land (Singapore) (30%)
Address173 Chin Swee Road, Singapore 169878 (District 3)
Tenure99 years from 28 August 2020
Homes396, in one 39-storey tower
Unit mix144 one-bedroom (495 to 517 sq ft), 180 two-bedroom (678 to 784 sq ft) and 72 three-bedroom (1,076 to 1,141 sq ft)
ArchitectSwan & Maclaren
SiteAbout 72,118 sq ft
Completion2025, per EdgeProp; the expected TOP date at launch was 30 March 2025
Nearest MRTChinatown (North East and Downtown lines), about 840 m or a 10-minute walk; Outram Park, about 900 m or 11 minutes

Sources: EdgeProp project page (developer entity, lease start, storeys, completion); ZACD Group, reproducing EdgeProp, November 2020 (shareholdings, unit mix, architect, facilities); Stacked Homes review, November 2020 (site area, expected TOP); Stacked Homes directory (MRT walks); address and postal code from OneMap.

The project replaced Landmark Tower, an older 139-unit block. Stacked Homes reports that its owners sold it en bloc in May 2018 for S$286 million (about S$1,406 psf) to the ZACD-led consortium; the new 99-year lease runs from August 2020. MCC Land, one of the partners, is the Singapore property arm of China Metallurgical Group Corporation. Facilities include a 50 m infinity pool and children's water play area on level 2, a gym and outdoor fitness area on level 14, and a sky lounge and bistro on level 34.

What did The Landmark sell for?

Sales opened with a virtual ballot on 28 November 2020. EdgeProp reported that 110 of the 120 units released were sold that day, about 28% of the project, at an average of S$2,250 psf. About half were one-bedroom units, priced from S$965,250 (S$1,950 psf).

In the 12 months to September 2026, Stacked Homes records 11 sales averaging S$2,482 psf, with prices from S$1.06 million to S$1.88 million. EdgeProp shows the same average over its latest 12 months, with deals from S$2,141 to S$2,772 psf. Check URA's private residential transaction search for current data.

What does The Landmark rent for?

Stacked Homes counts 232 leases from September 2025 to August 2026, at a median of S$4,475 a month, and estimates the gross yield at about 3.3%. EdgeProp puts rents at an average of S$7.6 psf a month and the yield at 3.7%. These are the sources' own estimates, not ours, and they use different methods.

How far is The Landmark from the MRT and schools?

Stacked Homes gives the walk to Chinatown station as 840 m (about 10 minutes) and to Outram Park, an interchange for the East-West, North East and Thomson-East Coast lines, as 900 m (about 11 minutes). Stacked's 2020 review noted that the route through Pearl's Hill City Park is shorter than walking along Chin Swee Road. From OneMap coordinates, the nearest Chinatown station exit is about 400 m in a straight line, and Outram Park's East-West Line station about 530 m.

Stacked Homes lists one primary school within 1 km: River Valley Primary, about 970 m away. On OneMap coordinates it is just under 1 km in a straight line, so it sits at the edge of that band.

Who might The Landmark suit?

This is a summary of trade-offs, not a recommendation. What is distinctive: a lease that restarted in 2020, a park on its doorstep, and walking access to Chinatown and the Outram Park interchange on the edge of the city centre. The trade-offs: it is a 99-year leasehold, not freehold; the mix is weighted to one- and two-bedroom units, with no unit above about 1,141 sq ft; there is only one primary school near the 1 km mark; and the two main sources put the rental yield anywhere from 3.3% to 3.7%, so anyone relying on rent should check recent leases themselves.

FAQ

Who developed The Landmark? Landmark JV Pte Ltd, a joint venture of ZACD Group, SSLE Development and MCC Land (Singapore).

Is The Landmark freehold? No. It is a 99-year leasehold from 28 August 2020, so about 93 years remain as of October 2026.

How many units does The Landmark have? 396 homes in one 39-storey tower: one-, two- and three-bedroom units from 495 to 1,141 sq ft.

Which MRT station is nearest to The Landmark? Chinatown, about 840 m or a 10-minute walk, with Outram Park about 900 m away.

What was on the site before? Landmark Tower, a 139-unit block sold en bloc in May 2018 for S$286 million.

Correction

1 October 2026: An earlier version of this page gave the address as 11 Queen Street in District 7 near Bugis, named Far East Organization as developer, and described a 139-unit freehold project completed in 1996 with units of 1,000 to 2,800 sq ft. The Landmark is at 173 Chin Swee Road in District 3; it was developed by Landmark JV Pte Ltd (ZACD Group, SSLE Development and MCC Land); it is a 99-year leasehold from 28 August 2020 with 396 homes of 495 to 1,141 sq ft in one 39-storey tower, completed in 2025. The 139 units belonged to the former Landmark Tower. The nearest MRT stations are Chinatown and Outram Park, not Bugis. Unsupported claims about nearby schools, facilities and "scarcity premium" were removed, as were investment recommendations and an offer of a paid "full report".

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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