Type

Units

Min Area

Price Range

3 BR

1226 sqft

S$640K

Type

Units

Min Area

Price Range

3 BR

1237 sqft

S$3,400/mo

Property Highlights

HDB development with 3 units currently available.
Prices currently range from S$3,400 to S$640K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$680 on this acquisition.
67% of current units are for sale, from S$640K; 33% are for rent, from S$3,400/mo.
Located 11 min (920 m) from NS10 Admiralty MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

687C Woodlands Drive 75: A Mature HDB Community Near Admiralty

687C Woodlands Drive 75 is an established Housing Development Board (HDB) development located in the Woodlands estate, one of Singapore's longest-settled public housing precincts. Situated in the northern region of the island, this project offers a diverse portfolio of multi-room units designed to accommodate families of varying sizes and composition. The development benefits from its mature neighbourhood status, meaning residents enjoy access to a comprehensive range of public facilities, commercial establishments, and educational institutions that have been developed over decades.

The development is positioned approximately 11 minutes' walk—roughly 920 metres—from Admiralty MRT Station on the North-South Line (NS10). This proximity to the metro system is a defining feature for commuters and investors alike, as the station connects directly to the city centre and provides seamless access to multiple business districts and leisure hubs across the island. For residents who rely on public transport, this accessibility significantly enhances daily convenience and reduces travel time to workplaces, shopping centres, and entertainment venues.

Unit Composition and Availability

The estate comprises a range of HDB flats catering to diverse household needs. Three-bedroom units and other configurations are available within the development, with asking prices beginning from S$640,000. The varying floor areas and layouts accommodate different buyer profiles, from first-time upgraders seeking additional space to established families requiring multi-generational living arrangements. Unit sizes typically range around 1,226 square feet for three-bedroom configurations, providing comfortable living space with proper separation of bedrooms and common areas.

Multiple bathrooms across units ensure convenience for household members with different schedules, whilst kitchens are designed for practical meal preparation and entertaining. The availability of units across different stacks and floor levels within the development provides flexibility for buyers prioritising different factors, whether natural light, views, lift accessibility, or noise considerations.

Neighbourhood and Connectivity

Woodlands is a well-established neighbourhood with a robust infrastructure serving multiple generations of residents. The precinct is characterised by a mix of older and more recently refurbished HDB blocks, neighbourhood parks, and recreational facilities that foster community engagement. The area has matured significantly over the decades, resulting in a stable property market with predictable resale trends and consistent rental demand.

Admiralty MRT Station, being a major interchange point on the North-South Line, facilitates rapid transit across Singapore. Commuters heading to the Central Business District, Marina Bay, or Orchard Road experience journey times typically under 30 minutes, making this development attractive for working professionals. The station is also well-served by bus routes, providing additional transport flexibility for residents who prefer or require alternative commuting options.

Surrounding Amenities and Facilities

The Woodlands estate hosts multiple hawker centres renowned for their diverse dining options and competitive pricing, supporting the established residential community with affordable meals and social gathering spaces. Primary and secondary schools within the precinct cater to families with children, many of which have been operating for considerable periods and enjoy established reputations within the education system. Shopping facilities, including supermarkets and neighbourhood shopping malls, are distributed throughout the estate, allowing residents to meet daily needs within walking distance.

Healthcare facilities, including polyclinics and private medical centres, are accessible throughout Woodlands, ensuring residents maintain ready access to medical care. Community centres and sports facilities provide recreational outlets for residents of all ages, fostering active lifestyles and neighbourhood cohesion. Parks and green spaces punctuate the estate, offering breathing room and outdoor leisure options for families and individuals.

Investment and Resale Considerations

HDB properties in mature estates like Woodlands have historically demonstrated stable resale values and consistent rental yields. The combination of established infrastructure, transport accessibility, and community facilities makes units in this development appealing to both owner-occupiers and investors seeking regular rental income. The development's proximity to Admiralty MRT Station enhances its attractiveness to tenants, particularly working professionals who prioritise commute convenience.

The lease structure of HDB properties is important for long-term value planning. All HDB flats are held on 99-year leases from their date of purchase by the original owner, meaning properties at 687C Woodlands Drive 75 will have varying remaining lease periods depending on their original sale date. Prospective buyers should verify the exact lease remaining before purchase, as this directly influences resale potential and financing options. Properties with longer remaining leases typically command higher valuations and attract greater buyer interest in the secondary market.

Pricing within the development reflects location, unit size, floor level, and lease remaining. Buyers comparing units across the estate will notice variations based on these factors, with premium pricing often applied to higher floors offering improved views and natural light, and to units with longer lease periods remaining. Understanding these pricing nuances helps buyers identify value opportunities within the development.

Financing and Purchasing Considerations

First-time HDB buyers benefit from the Housing Development Board's concessional financing schemes, which typically offer lower interest rates and longer tenure periods compared to private property mortgages. Buyers purchasing 687C Woodlands Drive 75 as an owner-occupied property should explore HDB loan options, which are often more favourable than bank financing for eligible applicants.

Second-property buyers should be aware that Singapore imposes Additional Buyer's Stamp Duty (ABSD) at a rate of 20% on the purchase price of a second residential property acquired by a Singapore Citizen. This duty applies in addition to standard Stamp Duty and must be factored into the total acquisition cost when planning a purchase. For example, a purchase at S$640,000 would incur ABSD of S$128,000, significantly affecting total cash outlay and financing requirements.

Total Debt Servicing Ratio (TDSR) limits apply to HDB loans and bank mortgages, typically capping monthly loan repayments at 30–35% of gross household income. Buyers should calculate their borrowing capacity carefully, as some transactions at development price points may require substantial cash downpayments or income verification to satisfy lending criteria, particularly for households with existing debts.

Market Position and Comparison

Woodlands HDB properties trade at price points reflecting their location, maturity, and transport accessibility. Compared to newer HDB developments in outer estates further from MRT stations, 687C Woodlands Drive 75 commands a premium driven by Admiralty Station proximity and established neighbourhood credentials. Conversely, properties in central-location HDB estates command higher prices, making Woodlands an attractive value proposition for buyers seeking transport convenience without paying CBD-adjacent premiums.

Price per square foot in the Woodlands estate typically ranges between S$500–S$600 depending on floor level, lease remaining, and unit condition, though exact figures vary based on recent transaction data. Buyers researching comparable transactions should focus on units with similar lease remaining periods, as older properties with less than 60 years of lease remaining may experience accelerated value decline.

Why 687C Woodlands Drive 75 Suits Different Buyers

First-time HDB buyers upgrading from rental accommodation or smaller units will find the multi-room configurations and established neighbourhood amenities ideal for building equity and establishing stable housing. Families with children benefit from proximate schools, parks, and community facilities that support child development and leisure activities. Investors seeking consistent rental yields will appreciate the development's location near a major MRT station, which attracts tenant demand from working professionals across multiple income bands.

Working professionals commuting to the CBD or central business districts find the 11-minute walk to Admiralty Station substantially improves work-life balance compared to longer commutes from outer estates. Retirees and older residents benefit from the mature neighbourhood infrastructure, established community networks, and proximity to healthcare facilities. Multigenerational households gain from larger unit layouts that accommodate extended family living arrangements whilst maintaining reasonable proximity to work and education hubs.

Future Supply and Long-Term Viability

Woodlands remains a cornerstone public housing estate with limited new development pipelines, meaning future supply additions are minimal. This supply constraint, combined with consistent demand from upgraders and investors, supports long-term price stability within the precinct. Whilst individual unit values may fluctuate based on lease decay, neighbourhood refresh initiatives, and broader property market cycles, the development's fundamental appeal—established estate status combined with MRT proximity—remains durable.

Government initiatives such as the Home Improvement Programme (HIP) and neighbourhood renewal projects periodically enhance the estate's infrastructure and aesthetic appeal, supporting property valuations and neighbourhood satisfaction. Buyers investing at 687C Woodlands Drive 75 benefit from these improvements whilst maintaining competitive pricing relative to newer developments lacking the same transport and amenity advantages.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 687C Woodlands Drive 75 as an investment?

HDB properties in Woodlands typically generate gross rental yields between 2.5% and 3.5% annually, depending on unit type, size, and floor level. A three-bedroom unit at the development priced around S$640,000 could command monthly rent between S$1,600 and S$1,900, translating to gross yields of approximately 3% to 3.6%. The proximity to Admiralty MRT Station enhances tenant demand from working professionals, supporting consistent rental income and lower vacancy periods compared to more distant estates. However, actual yields vary based on market conditions, lease remaining on the property, and unit condition; investors should research recent comparable rental transactions in the Woodlands precinct before committing capital.

How does the price per square foot at 687C Woodlands Drive 75 compare to recent HDB transactions in Woodlands?

Recent transactions in the Woodlands estate typically range between S$500 and S$600 per square foot, with variation based on lease remaining, floor level, and unit condition. A three-bedroom unit at approximately 1,226 square feet would theoretically trade between S$613,000 and S$735,600 at these rate bands, positioning the advertised price point of S$640,000 within the mid-range of recent market activity. Prices tend to be higher for units with longer lease remaining periods and lower floors with less natural light or lift proximity may trade at slight discounts. Prospective buyers should verify recent comparable sales through HDB resale transaction records to confirm whether specific units at this development offer value relative to similar units sold in the past three to six months.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I purchase at 687C Woodlands Drive 75 as a second residential property?

If you are a Singapore Citizen purchasing a second residential property, you are liable for Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price. For a property priced at S$640,000, this equates to ABSD of S$128,000, payable in addition to standard Stamp Duty of approximately S$13,600 (on the first S$300,000) and S$9,200 (on the remaining S$340,000 at 2.7%), bringing total Stamp Duty obligations to approximately S$150,800. This substantially increases your total acquisition cost and is separate from agent fees, legal costs, and home inspection expenses. Prospective second-property buyers should factor this 20% ABSD into their financial planning, as it significantly affects cash requirements and reduces the effective equity position at purchase.

What is the lease decay risk for properties at 687C Woodlands Drive 75, and how does this affect resale value?

All HDB properties, including those at 687C Woodlands Drive 75, are held on 99-year leases from their date of first sale by the original owner. As leases approach their final decades (below 60 years remaining), resale values typically decline more rapidly due to reduced financing availability—most banks and the HDB restrict loan tenure based on lease remaining. Properties with less than 30 years of lease remaining may become difficult or impossible to finance, effectively removing a significant pool of potential buyers. The exact resale impact depends on the property's current age and original sale date; a property sold originally in 1990 would have approximately 89 years of lease remaining today, whilst one sold in 1980 would have only 79 years remaining. Buyers should verify the exact lease remaining before purchase and factor in potential value depreciation acceleration once the lease falls below 60 years.

How does proximity to Admiralty MRT Station (NS10) influence long-term capital appreciation at this development?

MRT proximity is a significant driver of HDB property values and long-term appreciation potential. Admiralty MRT Station's location on the North-South Line, combined with regular bus connectivity, makes 687C Woodlands Drive 75 attractive to commuters heading to the CBD, Marina Bay, and Orchard—all reachable within 20–30 minutes by train. This accessibility typically supports stronger capital growth compared to outer estates requiring 45+ minute commutes, as demand from working professionals remains consistently high. Historical data indicates that HDB properties within 10–15 minutes' walk of MRT stations appreciate faster than those requiring longer walking distances or relying solely on bus transport. However, market appreciation is never guaranteed and depends on broader economic conditions, policy changes affecting HDB supply, and neighbourhood refresh initiatives. The development's MRT advantage is durable, meaning long-term demand remains likely even if near-term appreciation slows.

Which buyer profiles are best suited to purchasing at 687C Woodlands Drive 75?

First-time upgraders seeking to move from rental or smaller HDB units will find the multi-room configurations, mature neighbourhood infrastructure, and HDB concessional financing ideal for building equity. Young working professionals and small families commuting to central business districts benefit significantly from the 11-minute Admiralty MRT proximity, which reduces daily travel time and improves work-life balance compared to outer-estate alternatives. Investors prioritising consistent rental income over rapid capital appreciation will appreciate the stable Woodlands market, established tenant demand, and mid-range pricing that supports reasonable leverage. Multigenerational households requiring larger units for extended family arrangements are well-served by the spacious three-bedroom and larger configurations available within the development. Conversely, first-time buyers prioritising maximum square footage per dollar may find outer-estate HDB developments more economical, whilst buyers seeking ultra-premium finishes or new-build status should explore newer private developments or recently launched HDB BTO projects.

What TDSR and financing headroom should I expect for a S$640,000 purchase at 687C Woodlands Drive 75?

For a property at S$640,000 with 90% HDB financing (S$576,000 loan), monthly loan repayments at current HDB interest rates of approximately 2.6% over 35 years would be around S$2,100. Under the HDB's TDSR limit of 30% for concessional loans, this assumes a gross household monthly income of at least S$7,000 to remain within acceptable debt servicing ratios. Second-property buyers using bank financing face stricter TDSR caps at 30% and higher interest rates (typically 3.5%–4%), increasing minimum income requirements substantially—a S$640,000 purchase with 80% bank financing might require household income of S$9,000+ to satisfy TDSR. Buyers with existing debts (car loans, credit card balances, personal loans) will have reduced borrowing capacity, as existing obligations are counted towards the 30% TDSR ceiling. Prospective purchasers should obtain pre-approval from HDB or their bank before making an offer, as financing capacity directly constrains the maximum purchase price and influences cash downpayment requirements.

How does 687C Woodlands Drive 75 compare in price and amenities to nearby competing HDB developments?

687C Woodlands Drive 75 competes directly with other HDB flats in the greater Woodlands precinct and nearby estates such as Yung Ho Road and Admiralty View. Comparable three-bedroom units in these neighbouring developments typically trade between S$600,000 and S$680,000, positioning this development within the mid-range of the immediate market. The key differentiation lies in Admiralty MRT proximity—estates within 5–10 minutes' walk of the station command premiums compared to those requiring 20+ minute walks or relying solely on bus transport. Conversely, newer BTO HDB developments in outer growth areas (Tengah, Punggol, Sengkang) offer lower pricing per square foot but sacrifice established infrastructure and MRT proximity. Private condominiums offering similar unit sizes near MRT stations typically trade at S$850,000–S$1,200,000+, making 687C Woodlands Drive 75 substantially more affordable for buyers prioritising cost-effective ownership. Investors and upgraders should compare not only purchase price but also total ownership cost including ABSD, financing charges, and maintenance fees against comparable developments.

Which floor levels or unit stacks at 687C Woodlands Drive 75 offer the best value proposition?

Middle floors (typically levels 4–8) in the development offer the optimal balance between natural light, lift waiting times, and purchase price. Lower floors (2–3) command discounts of 2–5% due to reduced views and natural light, making them attractive for cost-conscious buyers indifferent to these factors; these units remain highly rentable as tenants prioritise affordability over aesthetics. Upper floors (10+) attract premiums of 3–8% driven by enhanced views, reduced lift queues, and perceived prestige, though these premiums may not be recoverable dollar-for-dollar at eventual resale. Units positioned near lift landings experience higher foot traffic and potential noise, occasionally trading at small discounts compared to units further along corridors. For investors, middle and lower floors offer the highest rental yield relative to acquisition cost, as rental rates typically vary only marginally (S$50–S$100) across floor levels despite purchase price differentials of S$15,000–S$30,000. Owner-occupiers should prioritise personal preferences regarding views and natural light over attempting to time floor-level price cycles, as these variations typically revert over longer ownership periods.

What future supply pipeline exists in the Woodlands and northern region, and how might this affect long-term property values?

Woodlands as an established HDB estate has extremely limited new development capacity, as most suitable land has already been developed. The Housing Development Board's new supply pipeline is concentrated in emerging growth areas such as Tengah, Punggol, and Sengkang, where BTO projects offering lower prices attract demand away from mature estates. However, this supply concentration in outer regions paradoxically supports long-term values in 687C Woodlands Drive 75, as demand from upgraders, investors, and commuters seeking MRT-accessible locations continues focusing on established precincts. Government neighbourhood renewal programmes, including potential HIP improvements, may further enhance the Woodlands estate's attractiveness whilst maintaining limited housing stock. Private residential development near Admiralty remains constrained due to land scarcity, meaning HDB properties near the station face minimal direct competition from new private supply. Whilst future policies affecting HDB financing, lease structure, or property tax could influence valuations unpredictably, the development's fundamental appeal—proximity to MRT, mature neighbourhood status, and limited competing new supply—remains durable for the foreseeable decade.

687C Woodlands Drive 75 — From S$3,400