Type

Units

Min Area

Price Range

3 BR

1528 sqft

From S$2.0XM

Property Highlights

Spacious 3-bedroom, 2-bathroom unit at 1,528 sqft offering excellent living proportions in a central location
Just 470 metres from Kembangan MRT Station (EW6), providing seamless connectivity across the East-West Line
Premium-priced property at S$2,000,000 reflecting strong demand in this established residential corridor
18 Jalan Wakaff positioning offers access to diverse lifestyle amenities and established neighbourhood infrastructure
Suitable for upgraders, high-net-worth buyers, and buy-to-let investors seeking stable capital appreciation

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Ref: 25548777

Radix: Premium Living at 18 Jalan Wakaff

The Radix condominium presents a compelling opportunity for discerning buyers seeking substantial space in a well-established neighbourhood. Located at 18 Jalan Wakaff, this three-bedroom, two-bathroom residence spans 1,528 square feet, delivering generous room dimensions that cater to family living and entertaining. The asking price of S$2,000,000 positions this property within Singapore's upper-middle segment, attracting seasoned property investors and owner-occupiers alike.

Strategic Location and Connectivity

Proximity to public transport remains a cornerstone consideration for property valuation and long-term desirability. The Radix residence sits merely 470 metres from Kembangan MRT Station on the East-West Line—a walk of approximately six minutes. This accessibility fundamentally enhances daily commuting convenience and contributes meaningfully to the property's appeal across multiple buyer demographics. The EW6 station connects directly into Singapore's broader transport network, facilitating efficient travel to major employment hubs, shopping districts, and leisure destinations throughout the island.

The surrounding neighbourhood benefits from this railway connectivity, having developed steadily over recent decades. Established commercial precincts, established dining venues, and community facilities have consolidated around the Kembangan corridor, creating a mature and stable residential environment. Such infrastructure maturity typically supports consistent capital appreciation, particularly for properties positioned within walking distance of a metro station.

Space and Layout Considerations

At 1,528 square feet, the unit offers meaningful scope for family accommodation and flexible use of living areas. Three distinct bedrooms provide dedicated spaces for children, guests, or home office requirements—an increasingly important consideration in Singapore's evolving work landscape. The two bathrooms serve practical purposes, reducing morning congestion for multi-occupant households and adding appeal to potential tenants should the owner elect to lease the property.

The floor plan efficiency at Radix suggests thoughtful design optimisation, with the stated area reflecting usable living space rather than common areas. This square footage compares favourably to competing developments in the Kembangan precinct, where unit sizes frequently range between 1,400 and 1,600 square feet across comparable three-bedroom offerings.

Investment Perspective and Market Positioning

Purchasers evaluating Radix as an investment asset should note the current per-square-foot pricing in context of recent Kembangan transactions. At approximately S$1,310 per square foot, the property reflects current market sentiment for established non-landed residential stock in this location. Recent comparable sales in the immediate vicinity have traded in the S$1,280–S$1,350 per-square-foot range, suggesting the asking price sits within acceptable market parameters for a well-maintained, spacious unit.

Rental yield potential remains attractive for investor-focused buyers. Conservative estimates suggest achievable monthly rents between S$4,500 and S$5,500 for a quality three-bedroom apartment in this catchment, translating to gross rental yields of approximately 2.7 to 3.3 percent per annum. These yields compare reasonably with broader Singapore residential averages, particularly when factoring in the property's location benefits and appeal to expatriate tenants and young professional families.

Financing and Buyer Suitability

At the S$2,000,000 price point, second-property buyers must factor Additional Buyer's Stamp Duty (ABSD) implications into their acquisition costs. Non-first-time buyers purchasing a second residential property face ABSD surcharges ranging from 15 to 20 percent depending on citizenship status and existing property ownership. For this property, ABSD liability would add S$300,000 to S$400,000 to total transaction costs, materially impacting investment returns and financing requirements.

From a Debt-to-Service Ratio (TDSR) perspective, conventional mortgage financing at approximately 70 percent loan-to-value would necessitate a borrowing capacity of around S$1,400,000. At prevailing interest rates near 4.5 percent, monthly mortgage servicing would approximate S$7,000–S$7,500 across a 25-year tenure. Qualifying buyers should demonstrate household income sufficient to comfortably service this obligation whilst maintaining regulatory TDSR thresholds, typically requiring combined annual earnings exceeding S$175,000–S$200,000.

Comparative Market Analysis

The Kembangan corridor hosts several competing developments serving similar buyer demographics. Nearby alternatives include established projects that frequently command S$1,250–S$1,350 per square foot across comparable three-bedroom offerings. Radix's positioning within this range reflects realistic market valuation, though prospective purchasers should conduct detailed unit-level comparisons to assess whether specific floor levels, aspect orientations, or facility proximity justify relative price variations.

Properties occupying lower to mid-stack positions (floors 3–12) within comparable developments frequently evidence stronger resale velocity and tenant demand relative to very high floors, reflecting tenant preferences for convenience and family suitability. Mid-floor orientation also moderates cooling costs and maintenance requirements relative to top-floor exposures subject to greater solar gain.

Future Development Considerations

The Kembangan precinct remains substantially built-out with limited major greenfield development potential. This supply-constrained environment supports medium-term capital appreciation, as demographic inflow exceeds new housing stock. Government planning frameworks indicate continued residential density around MRT nodes, suggesting the Kembangan corridor will maintain appeal as alternative developments increasingly locate in peripheral growth zones.

Leasehold considerations remain relevant for prospective purchasers. Older developments may carry unexpired leases in the 70–85 year range, which can affect financing eligibility and future marketability. Buyers should obtain detailed leasehold particulars and assess potential lease decay trajectory over their ownership horizon, as properties approaching 60 remaining years face both financing restrictions and market perception challenges.

Target Buyer Profiles

Radix appeals primarily to upgrading families seeking material improvement in space and neighbourhood quality relative to previous residential arrangements. The three-bedroom, two-bathroom configuration accommodates growing families whilst the Kembangan location provides established amenities and school catchment options. For such owner-occupiers, the property represents a stable long-term residential asset with consistent capital appreciation prospects.

High-net-worth investors similarly find properties at this price point and location attractive for portfolio diversification, particularly when lease tenure remains robust and rental demand proves consistent. The MRT proximity supports institutional tenant appeal, underpinning lease stability. First-time buyers at this price tier represent a smaller cohort, as most initial purchasers target S$600,000–S$1,200,000 price ranges; however, some may consider upgrading from HDB to private residential at this level should family circumstances and financing capacity permit.

Frequently Asked Questions

What estimated rental yield can I expect if I purchase Radix as an investment property?

Conservative rental projections for a three-bedroom unit at this location suggest achievable monthly rentals between S$4,500 and S$5,500, which translates to gross annual rental yields of approximately 2.7 to 3.3 percent. These yields assume stable occupancy and reflect current tenant demand among expatriate professionals and young families seeking proximity to the Kembangan MRT corridor. The actual yield will vary based on specific unit orientation, floor level, and prevailing market conditions, but the general range reflects historical performance across comparable developments in this established neighbourhood where tenant acquisition costs remain modest and tenant retention rates remain relatively stable.

How does the S$1,310 per-square-foot price compare to recent transactions in Kembangan?

Recent comparable sales in the immediate Kembangan vicinity have transacted between S$1,280 and S$1,350 per square foot for three-bedroom units of similar vintage and condition, placing the Radix property squarely within current market parameters. The pricing reflects established market sentiment for quality, well-maintained residential stock in this mature precinct where transport connectivity and neighbourhood amenities command premium valuations relative to more remote locations. Buyers should conduct additional due diligence on specific comparable transactions to assess whether particular unit characteristics—aspect, floor level, or internal finishes—justify positioning at the higher or lower end of the reference range.

What ABSD implications should second-property buyers understand at this S$2M price point?

Non-first-time property buyers acquiring a second residential property face Additional Buyer's Stamp Duty surcharges of 15 to 20 percent depending on citizenship status and existing property ownership history, which translates to S$300,000 to S$400,000 in supplementary acquisition costs for this property. These duties are payable at the point of purchase and materially impact total acquisition expenses, significantly reducing available capital for furnishing and contingencies. Second-property purchasers should factor ABSD into their financing capacity calculations, as the additional duty burden reduces the effective equity position and may compress available monthly cash flow for servicing mortgage obligations alongside other financial commitments.

Is lease decay a concern for this property, and how might it affect future resale value?

Lease decay becomes a material concern once properties approach 60 remaining years, at which point financing restrictions tighten and market perception deteriorates measurably. Prospective purchasers must obtain explicit leasehold documentation specifying the unexpired lease term to assess whether decay risk exists within their intended ownership horizon. Properties with lease periods below 70 years face increasing difficulty securing institutional financing and encounter broader market hesitation, potentially constraining resale proceeds by 10 to 20 percent relative to comparable units with longer lease tenure. Understanding the current lease position and trajectory is essential to evaluating the property's suitability as a long-term investment or owner-occupied residence.

How does proximity to Kembangan MRT Station influence long-term demand and capital appreciation?

MRT proximity fundamentally enhances property demand and supports capital appreciation, as transport accessibility remains the primary driver of residential desirability in Singapore's constrained geography. The six-minute walk to Kembangan Station ensures that the property remains perpetually attractive to both owner-occupiers and tenants throughout its ownership horizon, regardless of other neighbourhood developments. Historically, properties within 500 metres of MRT stations in established corridors like Kembangan outperform more distant alternatives by 0.5 to 1.5 percent annually in capital appreciation, reflecting sustained demand from commuters and investors prioritising transport convenience. This location advantage provides resilience against market cyclicality and supports consistent buyer interest even during periods of broader property market softness.

Which buyer profiles are best suited to purchasing Radix, and why?

Upgrading families represent the primary target demographic, seeking expanded space and neighbourhood stability relative to previous accommodations, and the three-bedroom, two-bathroom configuration directly serves this requirement. High-net-worth investors find the property attractive for portfolio diversification and stable rental demand underpinned by MRT accessibility and expatriate tenant appeal, particularly where existing property portfolios demand geographic diversification within Singapore's residential sector. Owner-occupiers planning extended residency benefit significantly from the established neighbourhood infrastructure and consistent capital appreciation prospects over 10 to 20-year ownership horizons. First-time buyers at this price tier remain less common, as most initial purchasers operate within lower price brackets, though certain first-timers may consider upgrading from HDB to private residential should financial capacity and family circumstances align appropriately.

What TDSR and financing headroom do buyers need at this S$2M price point?

Conventional mortgage financing at approximately 70 percent loan-to-value enables borrowing capacity of around S$1,400,000, with monthly servicing costs approximating S$7,000 to S$7,500 across a 25-year tenure at prevailing interest rates near 4.5 percent. Regulatory TDSR thresholds typically cap debt servicing at 60 percent of gross household income, requiring combined annual household earnings exceeding S$175,000 to S$200,000 to maintain comfortable financing headroom and service concurrent obligations. Buyers should also account for property tax, insurance, maintenance contributions, and utilities when assessing total monthly obligations, ensuring that mortgage servicing leaves adequate residual cashflow for lifestyle expenses and financial contingencies. Higher debt servicing costs at this price tier leave less flexibility than lower-priced properties, making affordability verification essential before commitment.

How does Radix compare to nearby competing developments in the Kembangan precinct?

The Kembangan corridor hosts several established developments serving similar buyer demographics, with comparable three-bedroom units typically commanding S$1,250 to S$1,350 per square foot across similar vintage and condition profiles. Radix's positioning within this range reflects realistic market valuation, though prospective purchasers should conduct detailed unit-level comparisons across specific floor levels, aspect orientations, and facility proximity to assess whether relative price variations reflect genuine value differentials. Competing developments often feature identical or comparable amenity offerings—swimming pools, gymnasiums, community spaces—so differentiation frequently emerges from architectural finishes, management standards, and specific unit positioning rather than fundamental asset distinctions. Site inspections across multiple competing options remain essential to confident purchasing decisions at this price tier.

Which unit stack or floor level typically offers the best value proposition within comparable developments?

Lower to mid-stack positions (floors 3 to 12) within comparable developments frequently evidence superior resale velocity and tenant demand relative to very high floors, reflecting widespread tenant preferences for convenience, family accessibility, and moderate elevator waiting times. Mid-floor orientation also moderates cooling costs and reduces maintenance requirements relative to top-floor exposures subject to greater solar gain and weathering stress, translating to measurable savings across the ownership horizon. Ground-floor units face occasional perception challenges regarding privacy and street noise despite sometimes offering garden or terrace amenities, whilst ultra-high floors command premium pricing that may not justify relative usage benefits for owner-occupiers or lease-focused investors. Buyers seeking optimal value positioning should prioritise floors 5 to 10 with east or west aspect orientations, balancing convenience against cost-of-ownership efficiency.

What does the future supply pipeline indicate for the Kembangan district, and will it affect property values?

The Kembangan precinct remains substantially built-out with limited major greenfield development potential, a supply-constrained environment that historically supports medium-term capital appreciation as demographic inflow continues to exceed new housing stock across the corridor. Government planning frameworks indicate continued residential density intensification around MRT nodes, with future supply concentrated in peripheral growth zones and more distant locations, meaning the established Kembangan neighbourhood will maintain sustained appeal as alternative developments migrate outward. This structural supply scarcity provides long-term value support for properties like Radix, particularly those maintaining robust leasehold tenure and strong rental demand profiles. Buyers can reasonably anticipate consistent capital appreciation prospects driven by supply-demand imbalances, though appreciation rates may moderate from historical levels as the broader market matures and pricing reaches equilibrium with fundamental value metrics.

Radix Condo 3BR S$2M near Kembangan MRT | 1,528 sqft