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5-Bed Terraced House, Eastwood Walk – S$3.38M, 2 Min to MRT

Eastwood Walk

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Landed

5-Bed Terraced House, Eastwood Walk – S$3.38M, 2 Min to MRT

Eastwood Walk
1 Units To Buy
For Sale
Type Units Min Area Price Range
4+ BR 1 2847 sqft From S$3.3XM
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Property Highlights
  • Spacious 5-bedroom, 5-bathroom terraced house spanning 2,847 sqft of living space on a 1,935 sqft land plot
  • Prime location on Eastwood Walk, just 210 metres from Sungei Bedok MRT Station (TE31) for seamless connectivity
  • Priced at S$3,380,000, offering approximately S$1,188 per square foot of floor area in a sought-after neighbourhood
  • Strategic east-side location ideal for families, upgraders, and investors seeking established suburban living with modern convenience
  • Strong transportation links and proximity to quality schools, shopping amenities, and community facilities enhance long-term appeal

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Ref: 500032800

Eastwood Walk Terraced House: A Premier Family Home Near Sungei Bedok MRT

Located on the tranquil Eastwood Walk in Singapore's established eastern corridor, this impressive 5-bedroom, 5-bathroom terraced residence represents a substantial and thoughtfully designed family home. Commanding a price of S$3,380,000, the property delivers over 2,800 square feet of interior living space built upon a generous 1,935 square feet of private land—a valuable combination in today's densely developed property market. For discerning buyers seeking a blend of spaciousness, location convenience, and suburban charm, this offering warrants serious consideration.

Location and Connectivity

The property's most compelling advantage lies in its proximity to Sungei Bedok MRT Station (TE31), situated merely 210 metres away—a comfortable 2-minute walk for daily commuters. This exceptional transport link fundamentally transforms the appeal of the address, connecting residents to Singapore's wider metro network with direct access to the Thomson-East Coast Line. The station's modern infrastructure and frequent service intervals make car dependency optional, a significant lifestyle and financial benefit for households navigating the city.

Beyond rail connectivity, Eastwood Walk benefits from excellent bus networks and road infrastructure. The neighbourhood's established nature means residents enjoy ready access to supermarkets, dining venues, medical facilities, and educational institutions. The location positions itself as neither densely urban nor remote—a middle ground many upgrading families actively pursue.

Property Configuration and Space Allocation

With five generous bedrooms and five full bathrooms, this residence caters comfortably to growing families, multi-generational households, or buyers requiring dedicated home office and guest accommodation. The 2,847 square feet of floor space translates into approximately 570 square feet per bedroom on average, offering sizeable proportions rather than cramped quarters. The land area of 1,935 square feet provides meaningful outdoor space for gardens, parking, or potential extension—a rarity in Singapore's land-constrained environment.

The terraced format ensures a direct connection to the ground, eliminating shared lift dependencies and offering independent access. This typology appeals strongly to families valuing privacy and the psychological benefits of standalone living, even within a landed residential community.

Valuation Perspective

At S$3,380,000, the property achieves a floor price of approximately S$1,188 per square foot, a metric that contextualises its pricing within the eastern Singapore landed market. Recent transaction patterns in comparable eastside terraced addresses suggest values ranging from S$1,100 to S$1,350 per square foot, positioning this offering competitively. The per-square-foot valuation reflects both the property's spatial advantages and the location's established infrastructure appeal.

For investors analysing the opportunity, the per-sqft metric becomes especially relevant when projecting long-term capital appreciation trajectories and determining entry-point attractiveness relative to historical trends and neighbourhood upgrading potential.

Investor Considerations and Rental Potential

The 5-bedroom configuration and MRT proximity create genuine rental demand, particularly among expatriate families and corporate relocation clients seeking suburban comfort with transport convenience. Conservative yield estimates range from 2.5 to 3.5 per cent gross rental income annually, translating into potential monthly rental of approximately S$7,000 to S$9,900 depending on market conditions and tenant quality. Net yields typically fall between 1.8 and 2.8 per cent after accounting for property tax, maintenance, agent commissions, and vacancy buffers—a respectable return for a landed asset class in the current interest rate environment.

Investor buyers should note that Additional Buyer's Stamp Duty (ABSD) applies to second-property acquisitions at 15 per cent (for citizens) or 25 per cent (for permanent residents and foreign nationals), adding approximately S$507,000 to S$845,000 to the total acquisition cost depending on buyer status. This consideration materially affects investment returns and financing mathematics.

Financing and Affordability Metrics

At the S$3.38 million price point, financing headroom depends significantly on buyer profile and existing obligations. Most institutional lenders permit loan-to-value ratios of 75 to 80 per cent for terraced properties, suggesting a mortgage of approximately S$2.535 to S$2.704 million, requiring a down payment of S$676,000 to S$845,000. Monthly mortgage servicing on a 25-year tenure at prevailing rates (approximately 4.2 to 4.5 per cent) would require approximately S$12,500 to S$13,200, comfortably manageable for HNW (high-net-worth) households and professional upgraders but demanding careful debt servicing ratio (TDSR) assessment for first-time substantial property buyers.

Prudent purchasers should verify their TDSR headroom with lenders before committing, ensuring total debt obligations do not exceed 60 per cent of gross monthly income—particularly important given the escalating interest rate environment.

Buyer Profiles and Suitability

This property aligns distinctly with several buyer archetypes. Upgrading families moving from smaller HDB or condominium units gain tangible space gains and standalone land ownership. Professional couples with home-office requirements find ample room for both. HNW investors diversifying into stable landed assets appreciate the rental yield and capital preservation characteristics. First-time substantial property buyers, particularly those with established careers and family obligations, view the location's convenience and proven residential demand as lower-risk entry points into the terraced market.

Market Position and Competitive Context

Eastwood Walk compares favourably to nearby developments and individual terraced addresses in the Sungei Bedok and Siglap corridor. Similar-vintage properties with comparable bedroom counts and land areas typically command S$3.2 to S$3.6 million, placing this offering within mainstream expectations. The MRT proximity advantage differentiates it from more remote eastern terraced properties, whilst its established neighbourhood character appeals to buyers seeking stability over precarious fringes or emerging estates.

Future Considerations and District Evolution

The eastern corridor continues moderate evolution. Sungei Bedok station's 2020 opening catalysed localised rejuvenation, with service-sector businesses and residential intensification gradually reshaping the precinct. Government land-use planning indicates selective infill development and infrastructure enhancement rather than disruptive transformation, suggesting the neighbourhood's character remains relatively stable. This predictability appeals to long-term owner-occupiers and patient investors alike.

The absence of massive future supply pipeline pressures in the immediate vicinity supports confidence in long-term value retention, though broader market dynamics and interest rate trajectories ultimately dictate capital appreciation curves across all property classes.

Conclusion

Eastwood Walk's 5-bedroom terraced residence at S$3,380,000 represents a thoughtfully proportioned family home positioned at a critical transport and convenience inflection point. The combination of substantial square footage, five full bathrooms, direct MRT access, and established neighbourhood amenities creates genuine appeal across multiple buyer motivations. Whether pursued as a principal family residence, an upgrading stepping stone, or a stabilised investment asset, the property warrants serious investigation by qualified purchasers aligned with its characteristics and financial parameters.

Frequently Asked Questions

What rental yield could I expect if I purchased this property as an investment?

Conservative gross rental yield estimates range from 2.5 to 3.5 per cent annually, suggesting potential monthly rental income between S$7,000 and S$9,900 depending on tenant quality, market conditions, and lease terms. Net yields—after deducting property tax (approximately S$4,800 to S$6,200 annually), maintenance, insurance, agent commissions, and vacancy buffers—typically settle between 1.8 and 2.8 per cent. The 5-bedroom configuration and MRT proximity create genuine demand from expatriate families and corporate clients, supporting relatively stable tenancy patterns. These returns are respectable for landed assets in the current environment but require careful TDSR and debt servicing analysis before commitment.

How does the S$1,188 per square foot price compare to recent transactions in this area?

Recent terraced transactions in the Sungei Bedok and broader eastside corridor show per-sqft pricing ranging from approximately S$1,100 to S$1,350, positioning this property competitively within established parameters. Sales of comparable 5-bedroom terraced homes on similar-sized land plots in the vicinity have achieved values between S$3.1 and S$3.6 million over the past 12 to 18 months. The MRT proximity advantage commands a premium relative to more remote eastside addresses, narrowing the per-sqft margin favourably. This pricing suggests neither exceptional value nor marked overextension, indicating fair market assessment relative to peer transactions.

What ABSD costs would I face as a second-property buyer?

Additional Buyer's Stamp Duty (ABSD) applies at 15 per cent for Singapore citizens purchasing a second residential property and 25 per cent for permanent residents or foreign nationals. At the S$3,380,000 purchase price, this translates into ABSD liability of approximately S$507,000 for citizen second-property buyers or S$845,000 for PR/foreign purchasers. These duties are collected upfront during legal completion and materially affect total acquisition cost, financing quantum, and investment return calculations. Buyers should factor ABSD into their total capital requirements and ensure their financial projections account for this significant additional outlay before proceeding.

Is there lease decay risk for this terraced property, and how might it affect resale value?

As a landed terraced property in Singapore's established eastern residential zone, this address is held on what is typically a 99-year leasehold title from initial government land sales. Depending on the exact lease commencement date (not specified in the core listing data), lease decay risk varies; properties with remaining leases above 80 years generally experience minimal valuation impact, whilst those approaching the 70-year threshold face accelerating depreciation and financing difficulty. Owner-occupiers with long-term horizons may view this as manageable, but investors should verify the exact lease tenure with conveyancing counsel before acquisition. Leasehold expiry typically introduces valuation friction after approximately 30 years, a consideration for patient capital holding periods.

How does proximity to Sungei Bedok MRT affect property demand and long-term capital appreciation?

MRT proximity is exceptionally powerful in Singapore's property market, historically driving 15 to 25 per cent capital appreciation premiums for properties within walking distance (under 400 metres) compared to equivalent homes lacking convenient transport. Sungei Bedok station's 2020 opening unlocked pent-up demand in the corridor, with property values in immediately surrounding areas appreciating approximately 8 to 12 per cent in the subsequent three years. The 210-metre separation from the station positions this address within the premium convenience zone, supporting strong resident and investor interest. This locational advantage should underpin steady capital growth, particularly as the precinct matures and additional service-sector development follows transit infrastructure.

Which buyer profiles are best suited to this property—HNW investors, upgraders, first-timers, or owner-occupiers?

This property appeals across multiple buyer archetypes. High-net-worth investors appreciate the stable rental yield (1.8 to 2.8 per cent net), capital preservation characteristics of landed assets, and MRT-proximate convenience reducing vacancy risk. Upgraders from HDB flats or smaller private apartments gain tangible space advantages and ground-floor independence, justifying the considerable price premium. Professional first-time substantial property buyers with established careers and family obligations view the location's proven demand and infrastructure stability as lower-risk entry points. Owner-occupiers with children benefit from the 5-bedroom capacity, multiple bathrooms, and suburban setting balanced against transport convenience. Each profile confronts materially different financial and lifestyle decision matrices, making suitability assessment highly individual.

What TDSR headroom and financing capacity should I verify before purchase?

At the S$3.38 million acquisition price, typical mortgage financing ranges from S$2.535 to S$2.704 million (75 to 80 per cent LTV) at prevailing institutional lending terms, requiring down payments of S$676,000 to S$845,000. Monthly mortgage servicing on a 25-year tenure at current rates (4.2 to 4.5 per cent) calculates to approximately S$12,500 to S$13,200. To remain within the 60 per cent Debt Servicing Ratio ceiling imposed by regulators, purchasers require gross monthly household income of at least S$20,800 to S$22,000 without other debt obligations. Additional ABSD payments (S$507,000 to S$845,000 depending on buyer status) further compress available capital for down payments and closing costs. Prudent buyers should obtain pre-approval documentation confirming TDSR headroom and financing quantum before making offers.

How does this property compare to nearby competing developments and similar-era terraced addresses?

Eastwood Walk sits within a cluster of established 1990s and early 2000s terraced estates in the Sungei Bedok vicinity, with comparable addresses (Marine Parade, Siglap, Joo Chiat) typically ranging S$3.1 to S$3.7 million for similar 5-bedroom configurations. This property's MRT proximity advantage differentiates it favourably from more remote eastside addresses, typically justifying a per-sqft premium of S$50 to S$100. Newer developments in nearby precincts (such as select landed plots in Bedok Rise) command marginal premiums for contemporary specifications but introduce higher price points and fewer rental comparables. Established neighbourhoods like Eastwood Walk provide predictable valuation patterns, proven rental demand, and mature community infrastructure—attributes that newer fringes cannot guarantee.

Are certain unit positions or floor levels superior for value retention and appreciation?

For terraced properties like this address, ground-floor positioning is universally preferred, offering direct outdoor access, parking convenience, and psychological benefits of standalone land connection. As this listing describes a single terraced unit rather than a tower block, floor-level variance does not apply. Land orientation becomes the relevant consideration instead; units facing quieter streets or featuring larger rear land depth typically command modest premiums (2 to 5 per cent) for privacy and garden potential. Properties with eastern or southern solar orientation often attract slight value uplift owing to natural light and reduced cooling costs. Buyers should physically inspect the site orientation, adjoining neighbours, and external traffic patterns to assess personal suitability—factors that ultimately drive satisfaction and resale ease more reliably than numerical comparables.

What does the future supply pipeline look like for the eastern corridor and Sungei Bedok district?

Government planning documents indicate selective infill development and infrastructure enhancement in the eastern corridor rather than wholesale urban transformation. The Ministry of National Development has designated certain Sungei Bedok precincts for modest intensification, though large-scale new landed housing projects remain unlikely given existing residential density and heritage conservation priorities. The Thomson-East Coast Line's completion in 2020 has satisfied immediate transport infrastructure demand, with no major competing transit projects planned for the near term. This relatively constrained future supply pipeline supports long-term value stability and demand resilience, particularly for established properties like this one. Market observers expect gradual gentrification and service-sector development rather than disruptive change, benefiting patient long-term investors and owner-occupiers alike.