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Condo

[For Sale] The Acacias — From S$2.2M

23 Sommerville Road

1 for sale
7 people are looking at this property right now
Condo

[For Sale] The Acacias — From S$2.2M

The Acacias
1 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 1 1249 sqft S$2.2M
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Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$2.2M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$430K on this acquisition.
  • Located 10 min (820 m) from NE11 Woodleigh MRT Station.

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The Acacias: Prestige Living on Sommerville Road

The Acacias represents a significant residential offering in one of Singapore's most sought-after established neighbourhoods. Situated on Sommerville Road, this development exemplifies the blend of accessibility and tranquillity that characterises the Potong Pasir planning area. With multiple units currently on the market, prospective buyers have the opportunity to acquire residences tailored to diverse lifestyle needs, priced from S$2.15 million and above.

Strategic Location and Transport Connectivity

One of The Acacias' principal strengths lies in its proximity to Woodleigh MRT Station on the North-East Line, located approximately 820 metres away—roughly a 10-minute walk. This accessible connectivity positions residents within easy reach of the broader transport network, facilitating seamless travel to the Central Business District, major employment centres, and leisure destinations across the island. The North-East Line itself connects to key interchanges including Dhoby Ghaut, providing direct access to the Circle Line and other major corridors.

Beyond rail transport, the surrounding area benefits from comprehensive bus services, establishing The Acacias as an excellent choice for commuters who prefer flexibility between public and private transport options. The neighbourhood's mature infrastructure and established road networks further enhance accessibility to residential amenities without the congestion often associated with newer, emerging estates.

Neighbourhood Character and Amenities

Sommerville Road sits within a well-established residential enclave distinguished by tree-lined streets, low-density housing, and a strong sense of community. The area's maturity means residents enjoy ready access to local dining establishments, independent retailers, and lifestyle services that have evolved organically over decades. Within a short radius, families will find reputable educational institutions, medical facilities, and recreational spaces that characterise this planning district.

The surrounding precincts offer a curated selection of F&B venues ranging from casual neighbourhood cafes to contemporary restaurants, whilst nearby shopping nodes provide everyday essentials alongside specialty retail. This balance of convenience and residential calm distinguishes The Acacias from developments in more intensively urbanised zones.

Unit Specifications and Living Spaces

The development accommodates various unit typologies, reflecting the diverse preferences of Singapore's affluent residential market. Units available for purchase feature spacious floor plans with multiple bedrooms and bathrooms, providing ample square footage for families seeking room for home offices, guest suites, or leisure facilities. The built-up areas of available units suggest layouts designed for contemporary living, with configurations suitable for upgraders transitioning from smaller properties as well as established households seeking additional space.

Interior specifications across the available inventory reflect contemporary standards expected at this price point, accommodating modern furnishings and established décor preferences without requiring immediate renovation. The range of unit types further ensures that buyers with specific spatial requirements can identify residences aligned with their functional and aesthetic expectations.

Investment and Capital Appreciation Potential

For investors evaluating The Acacias as part of a residential portfolio, the development's positioning within an established, well-connected neighbourhood presents compelling fundamentals. The area's stable demographics, consistent demand from both owner-occupiers and tenants, and proximity to major transport infrastructure support steady capital appreciation trajectories typical of mature estates in prime locations. The variety of unit sizes further enhances rental versatility, enabling investors to target diverse tenant profiles—from young professionals and small families to expatriate households.

The neighbourhood's track record of value retention and appreciation reflects the enduring appeal of Potong Pasir as a residential choice. Unlike nascent estates subject to supply pipeline volatility, this established enclave benefits from limited new supply, supporting price stability and upside potential over medium to long-term holding periods.

Suitability for Diverse Buyer Profiles

The Acacias appeals to multiple buyer segments. High-net-worth families appreciate the neighbourhood's tranquillity, established infrastructure, and school proximity, alongside spacious floor plans accommodating multigenerational living or home-based professional activities. Upgraders transitioning from smaller properties find compelling value in the larger unit configurations relative to comparable offerings in adjacent planning areas, whilst the mature location eliminates risks associated with emerging estate volatility.

First-time upgraders moving from HDB flats benefit from The Acacias' established community and the absence of construction noise inherent to new developments. Investors seeking stable, long-term yield potential recognise the neighbourhood's tenant appeal and consistent rental demand, supported by transport accessibility and lifestyle amenities.

Comparative Market Position

Within the broader Potong Pasir and adjacent Serangoon planning districts, The Acacias occupies a distinctive market niche. Nearby competing developments vary in age, unit typology, and density, yet The Acacias' Sommerville Road location provides particular advantages in terms of tree-lined street ambiance and established community infrastructure. Recent transaction data across comparable properties in the district suggests pricing per square foot that reflects both the development's accessibility credentials and the neighbourhood's enduring desirability among affluent owner-occupiers.

Future Market Dynamics and District Supply

The Potong Pasir planning area, encompassing established residential districts between the Serangoon and Geylang planning zones, experiences limited new residential supply owing to its predominantly low-density character and land-use constraints. This supply scarcity supports long-term price sustainability, distinguishing The Acacias from developments in zones where significant new construction pipelines may exert downward pressure on values. The mature estate profile ensures that future demand will continue to gravitate toward quality secondary properties in accessible, well-serviced neighbourhoods, benefiting long-term holders.

Regulatory frameworks governing residential development in this planning area further constrain new supply, effectively positioning existing quality properties as beneficiaries of constrained inventory dynamics typical of Singapore's mature estates.

Conclusion

The Acacias on Sommerville Road represents a compelling residential proposition for buyers seeking established neighbourhood character, seamless transport connectivity, and the spacious floor plans characteristic of prestige living. Whether acquired as a principal residence, an investment acquisition, or an upgrading opportunity, the development's market position reflects fundamental strength derived from location, accessibility, and neighbourhood maturity. Current availability presents an opportunity to secure residences within one of Singapore's most desirable established enclaves at price points reflecting genuine value for discerning purchasers.

Frequently Asked Questions

What rental yield might investors expect from a purchase at The Acacias?

The Acacias' established neighbourhood positioning and Woodleigh MRT proximity support stable rental demand from multiple tenant segments—young professionals, small families, and expatriate households. Properties in comparable Potong Pasir locations typically achieve gross rental yields between 2.5% and 3.5% annually, though net yields vary based on maintenance, property management, and turnover costs. The neighbourhood's consistent tenant appeal, combined with the spacious floor plans available across the development, positions such properties favourably within the secondary rental market. Investors should note that rental growth within established estates tends to track inflation rather than outpace it, reflecting the zone's demographic stability.

How does The Acacias' pricing per square foot compare to recent transactions in Potong Pasir?

Recent comparable transactions within Potong Pasir and adjoining Serangoon planning areas suggest pricing per square foot typically ranging from S$1,650 to S$2,000 for quality properties positioned near MRT stations and with established amenity access. The Acacias' current pricing from S$2.15 million across various unit sizes reflects this market range, with per-square-foot values aligning closely with secondary market standards for the district. This pricing reflects genuine market discipline rather than speculative premiums often attached to newly launched developments. Buyers should consider that properties within walking distance of MRT stations in established zones command relatively stable valuations, with transactional evidence supporting consistent pricing within tight bands.

What Additional Buyer's Stamp Duty implications should second-property buyers consider?

Singapore Citizens purchasing The Acacias as a second residential property face Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% of the purchase price, calculated on top of standard Stamp Duty. For example, a S$2.15 million purchase would incur ABSD of approximately S$430,000, significantly increasing the total cash outlay required at completion. This consideration is critical when evaluating true acquisition costs and must be factored into investment return calculations for investor-buyers. Permanent Residents face higher ABSD rates at 25%, rendering second-property investment less economically compelling. First-time buyer status exempts purchasers from ABSD, making this an important consideration when comparing The Acacias against alternative investments or comparing financing scenarios.

What is the lease decay risk for properties at The Acacias and how might it affect resale value?

The lease structure for properties at The Acacias should be verified during due diligence, as this fundamentally affects long-term capital appreciation and financing eligibility. Most established developments on Sommerville Road operate on 99-year leases, with lease commencement dates typically spanning the 1960s through 1980s. Properties currently enjoying 40+ years of remaining lease demonstrate minimal near-term decay impact, though buyers should monitor lease tenure as an ongoing consideration. Banking institutions generally maintain comfortable lending appetite for properties with 30+ years remaining on lease, though rates may adjust unfavourably as tenure declines below this threshold. Properties approaching 30-year remaining tenure face potential headwinds in both resale marketability and financing accessibility, making lease review a critical component of acquisition due diligence.

How does proximity to Woodleigh MRT Station influence property demand and appreciation?

MRT station proximity represents one of Singapore's most consistent drivers of residential demand and capital appreciation, and Woodleigh Station's North-East Line positioning offers direct connectivity to CBD employment clusters, major retail destinations, and transport interchanges. Properties within 800 metres of MRT stations—as The Acacias is positioned—typically experience stronger demand from commuter households and tenants, translating to steadier appreciation and superior rental sustainability. The North-East Line's coverage of growth corridors including Punggol and connections to the Circle Line further enhances the development's accessibility appeal. Historical data suggests properties within walking distance of MRT stations in established zones appreciate at rates 15–25% above comparable properties lacking equivalent connectivity, reflecting sustained premium demand.

Which buyer profiles would find The Acacias most suitable?

High-net-worth families upgrading from smaller properties or relocating to Singapore appreciate The Acacias' spacious floor plans, established community infrastructure, and proximity to quality schools within the planning district. Upgraders from HDB flats benefit from the neighbourhood's maturity, absence of construction disruption, and ready access to established F&B and retail amenities, positioning the property as an attractive first-step into the private residential market. Investors seeking stable, long-term capital appreciation and consistent rental demand recognise the established estate's inherent advantages over speculative new launches, with Woodleigh MRT proximity supporting reliable tenant acquisition. Expatriate households and young professionals value the balance of tranquillity and accessibility, combining low-density residential character with seamless commuting infrastructure, making The Acacias appropriate for diverse acquisition motivations.

What TDSR headroom and financing capacity should buyers anticipate at The Acacias' price points?

At The Acacias' entry price point of approximately S$2.15 million, buyers financing 75% loan-to-value would require total borrowing around S$1.6 million, resulting in monthly mortgage servicing approximately S$8,000–S$9,000 depending on prevailing rate environments and loan tenure selection. The Total Debt Service Ratio (TDSR) framework, capping total monthly debt servicing at 60% of gross monthly income, suggests buyers require gross annual income of approximately S$160,000–S$180,000 to comfortably service financing whilst maintaining TDSR headroom. For owner-occupiers, this threshold reflects a realistic income floor, whereas investors must demonstrate rental income sufficiency. Higher-priced units within the development's available inventory escalate financing requirements proportionally, necessitating commensurately elevated income documentation. Prudent buyers should maintain TDSR utilisation below 60% to preserve capacity for ancillary borrowing and to provide buffers against interest rate movements.

How does The Acacias compare to nearby competing developments in Potong Pasir and Serangoon?

The Potong Pasir and adjacent Serangoon planning areas host several competing developments spanning various vintages and unit typologies, though The Acacias' Sommerville Road positioning offers particular advantages in terms of street ambiance and neighbourhood character. Competing developments vary in lease tenure, amenity provision, and unit configurations, with some newer launches commanding speculative premiums not supported by transactional fundamentals, whereas The Acacias' pricing reflects genuine secondary-market discipline. The development's mature estate status and MRT accessibility place it favourably relative to competing properties situated further from transport nodes or within less-established precincts. Recent comparable transactions suggest The Acacias' pricing competes effectively against alternative properties in the district, offering buyers genuine value relative to speculative new launches whilst maintaining superior lease security and neighbourhood maturity compared to HDB-proximate alternatives.

Which unit stacks or floor levels at The Acacias offer the strongest value proposition?

Within the development's available inventory, mid-level floor residences typically offer compelling value relative to premium upper-floor units, delivering functional living space without commanding the speculative premiums often attached to high-floor positioning. Units on floors 5–15 commonly attract strong owner-occupier demand and demonstrate faster turnover in secondary markets, reflecting the balance between acceptable vertigo perceptions and meaningful elevation benefits relative to lower-floor alternatives. Ground-floor and first-floor units often trade at modest discounts yet present challenges including potential noise exposure, reduced privacy from street-level vantage points, and in some cases, parking-access proximity. High-floor units (16+) command 8–15% premiums relative to mid-stack equivalents, driven by view amenity and perceived prestige, though this premium may not fully recoup through resale value progression. Prudent buyers should evaluate floor-level pricing against personal lifestyle priorities rather than assuming highest floors deliver optimal investment returns.

What future supply pipeline exists in the Potong Pasir planning district?

The Potong Pasir planning area operates under land-use constraints reflecting its designation as an established low-density residential precinct, effectively limiting new residential development approval. Unlike growth zones such as Punggol, Sengkang, or Jurong West, where significant Housing Development Board and private residential pipelines materialise regularly, Potong Pasir benefits from zoning restrictions that protect neighbourhood character and constrain speculative supply dynamics. Current pipeline analysis suggests minimal new residential launches within the immediate Potong Pasir boundary over the next 3–5 years, positioning existing properties—including The Acacias—as beneficiaries of constrained inventory dynamics. This supply scarcity supports long-term price sustainability and reduces risks associated with oversupply-driven value erosion, contrasting favourably with emerging estates where future launches may exert downward pricing pressure. Buyers acquiring at The Acacias effectively position themselves within a zone where supply limitations provide structural support for value retention and appreciation.