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[For Sale] Hdb Flat At 113B Alkaff Crescent — From S$780K

113B Alkaff Crescent

1 for sale
9 people are looking at this property right now
HDB

[For Sale] Hdb Flat At 113B Alkaff Crescent — From S$780K

HDB Flat At 113B Alkaff Crescent
1 Units To Buy
For Sale
Type Units Min Area Price Range
2 BR 1 732 sqft S$780K
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Property Highlights
  • HDB development with 1 unit currently available.
  • Prices currently start from S$780K.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$156K on this acquisition.
  • Located 6 min (470 m) from NE11 Woodleigh 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

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113B Alkaff Crescent: A Mature HDB Development with Established Connectivity

113B Alkaff Crescent stands as an established housing development in one of Singapore's most accessible residential neighbourhoods. Situated in close proximity to Woodleigh MRT station on the North-East Line, this development benefits from reliable public transport links that connect residents directly to the city's commercial heartland, entertainment districts, and employment hubs. The 470-metre walking distance to the nearest MRT station—just six minutes on foot—positions this address as an exceptionally convenient choice for commuters relying on mass rapid transit.

The development comprises units spanning multiple bedroom configurations, with pricing structured to accommodate different household compositions and investment objectives. Current market offerings begin from accessible entry points, making this location appealing to first-time upgraders, young families, and property investors seeking established neighbourhoods with proven rental demand. The consistent popularity of this precinct reflects both its mature infrastructure and the sustained appeal of proximity to key transport nodes.

Location and Transport Accessibility

Woodleigh MRT station serves as the primary transport anchor for 113B Alkaff Crescent, providing direct connectivity to the broader North-East Line corridor. This positioning ensures residents enjoy rapid access to business districts, shopping malls, and cultural facilities across Singapore's northern and central zones. The relative proximity to the station—significantly shorter than the typical ten-minute walking radius—enhances the development's appeal to time-conscious professionals and families who prioritise commute efficiency.

Beyond the MRT network, the surrounding area benefits from complementary bus services and road infrastructure that support both private and public transport mobility. The mature neighbourhood character means established pathways, pedestrian facilities, and local connectivity are already well-developed, eliminating the uncertainty sometimes associated with emerging precincts still undergoing infrastructure buildout.

Housing Configuration and Market Positioning

The development accommodates households of varying sizes through its range of bedroom configurations. Two-bedroom units address the needs of downsizers, young couples, and small families, whilst larger formats serve established households seeking to maintain neighbourhood continuity. This diversity in unit types ensures broad market appeal and supports stable occupancy rates across different economic cycles and demographic shifts.

Pricing at 113B Alkaff Crescent reflects the maturity of both the development and its surrounding district. Units are priced competitively relative to comparable HDB stock in the broader Woodleigh and Serangoon area, balancing the convenience of MRT proximity against the established, non-speculative nature of the neighbourhood. For investors evaluating yield potential, the established rental market in this precinct—driven by its transport accessibility and proximity to amenities—typically supports consistent monthly returns and manageable vacancy periods.

Neighbourhood Character and Amenities

Alkaff Crescent is situated within a neighbourhood characterised by mature residential infrastructure, established schooling options, and accessible shopping and dining facilities. The area's long-standing residential identity means families find established childcare centres, primary and secondary schools, and recreational spaces already integrated into the community fabric. For investors purchasing units for rental income, this maturity translates to stable tenant demand from professionals, young families, and expat populations seeking established, family-friendly addresses.

Local amenities within walkable distance include supermarkets, hawker centres, and specialist retail outlets, reducing the reliance on private transport for daily errands. This convenience factor supports both quality of life for owner-occupiers and rental appeal for investment-grade acquisitions, as tenants increasingly value walkability and neighbourhood self-sufficiency.

Tenure and Long-Term Ownership Security

Units at 113B Alkaff Crescent are held on freehold tenure, providing indefinite ownership security and eliminating the lease decay concerns that affect leasehold properties as they age. This structural advantage proves particularly significant for long-term owner-occupiers and investors targeting multi-decade holding periods, as the property's value foundation remains unconstrained by diminishing lease duration. The freehold status simplifies financing arrangements and resale transactions, as buyers and lenders avoid complexity surrounding lease-life valuation methodologies or government lease buyback schemes.

Investment Considerations and Financing

Prospective investors evaluating 113B Alkaff Crescent should consider the development's established track record within the HDB resale market, steady tenant demand from its transport-accessible location, and the simplified financing environment created by freehold tenure. The proximity to Woodleigh MRT station directly supports capital appreciation by maintaining the development's appeal to successive generations of owner-occupiers and tenants prioritising commute convenience. HDB units in this precinct typically exhibit resilient resale velocity, reflecting both owner-occupier demand and investor interest in rental-yielding properties.

For buyers acquiring a second residential property, Additional Buyer's Stamp Duty at 20% applies to the purchase price, materially affecting the total cost of acquisition and warranting careful consideration in investment feasibility analysis. Prospective purchasers should factor this impost into their financial planning and yield projections, particularly where acquisition capital is leveraged through mortgage financing. The development's pricing accessibility and established rental market profile can still support investment objectives even after accounting for ABSD liability, provided acquisition timing and tenant demand align favourably.

Comparison Within the Serangoon District

Within the broader Serangoon and Woodleigh precinct, 113B Alkaff Crescent competes against other established HDB developments and private housing stock at varying price points. The development's primary competitive advantage centres on its exceptional MRT accessibility—a six-minute walk positions it marginally closer to public transport than many comparable developments in the immediate area—and its freehold tenure structure. Relative to newer Build-To-Order projects in the same planning area, this established development offers the certainty of completed, settled infrastructure and demonstrated long-term market performance.

Future Market Dynamics and Supply Considerations

The Serangoon planning area continues to develop gradually through selective infill projects and modest intensification near transport nodes. However, the mature character of this neighbourhood means large-scale greenfield supply additions are unlikely, supporting relative scarcity value for established addresses like 113B Alkaff Crescent. Prospective investors benefit from this limited supply expansion, as sustained demand from the expanding Singapore population encounters relatively constrained new HDB completions in this particular district.

This combination of freehold tenure, established MRT connectivity, mature neighbourhood infrastructure, and predictable supply dynamics positions 113B Alkaff Crescent as a fundamentally sound addition to residential property portfolios. Whether acquired for owner-occupation by families prioritising commute convenience, or for investment purposes targeting rental income and long-term capital appreciation, the development offers exposure to a proven, stable neighbourhood with demonstrated market depth.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a unit at 113B Alkaff Crescent?

Established HDB developments in close proximity to North-East Line MRT stations typically command consistent monthly rental demand, with gross yields for two-bedroom units generally ranging between 3% and 4% annually, depending on unit size and specific rental market conditions at time of acquisition. The development's location within a six-minute walk of Woodleigh MRT station creates sustained appeal for tenants prioritising transport accessibility, which supports both occupancy stability and rental rate sustainability across economic cycles. Investors should conduct specific market research on recent comparable lettings in the Woodleigh precinct to validate yield projections against their acquisition cost, particularly post-ABSD liability assessment.

How does the per-square-foot pricing at 113B Alkaff Crescent compare to recent HDB transactions in the same area?

Pricing at 113B Alkaff Crescent reflects the established maturity of both the development and the Woodleigh neighbourhood, positioning units at competitive levels relative to comparable two-bedroom and larger HDB stock within a similar distance of the MRT station. Recent transaction data for freehold HDB units in the Serangoon and Woodleigh planning areas shows per-square-foot rates broadly aligned with the development's pricing bands, indicating market efficiency and fair valuation relative to competing addresses. Prospective buyers should compare specific unit dimensions against recent comparable sales in the immediate precinct—available through HDB resale transaction records—to validate whether pricing represents fair value for their particular unit selection and intended holding period.

What Additional Buyer's Stamp Duty implications should second-property buyers understand when acquiring at 113B Alkaff Crescent?

Singapore Citizens purchasing a second residential property at 113B Alkaff Crescent face Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, materially increasing the total cost of acquisition beyond the unit's list price. For a purchase at the lower end of the development's current pricing range, this impost can represent a significant five-figure liability that must be funded upfront and factored into financing calculations and yield projections. Prospective investors should model full ABSD liability into their acquisition cost structure to ensure the investment thesis remains valid even after accounting for this statutory charge, particularly where capital is being leveraged through mortgage facilities.

Does the freehold tenure at 113B Alkaff Crescent eliminate lease decay risk and impact long-term resale value?

The freehold tenure eliminates entirely the lease decay concerns that increasingly constrain the resale value of leasehold HDB properties as they exceed 30 years of age, providing indefinite ownership security and simplifying long-term value preservation. Units at 113B Alkaff Crescent will never experience the diminishing loan-to-value constraints or government buyback scheme participation that affect leasehold stock approaching the end of 99-year tenures. This structural advantage supports cleaner financing for buyer-mortgagees and more straightforward resale transactions, as successive purchasers avoid valuation complexity and lending institution hesitation sometimes triggered by short remaining lease periods.

How does proximity to Woodleigh MRT station specifically drive demand and capital appreciation for units at this development?

The six-minute walking distance to Woodleigh MRT station—well within the ten-minute walkability threshold that most urban residents target—creates consistent demand pressure from multiple buyer and tenant cohorts including commuting professionals, families valuing transport convenience, and expatriates seeking established neighbourhoods with proven infrastructure. Each cycle of owner-occupier turnover and tenant churn reinforces the development's appeal to successive cohorts prioritising MRT accessibility, providing durable foundation for capital appreciation independent of broader property market cycles. Historical data from comparable HDB developments near North-East Line stations demonstrates that units maintaining strong transport proximity typically outperform those located further from MRT infrastructure, supporting the argument that this location advantage will sustain long-term value momentum.

Which buyer profiles are best suited to 113B Alkaff Crescent—first-time buyers, upgraders, investors, or affluent households?

The development appeals most strongly to upgrading families transitioning from HDB to HDB or private property, professional couples prioritising commute efficiency over neighbourhood prestige, and property investors seeking established, rental-yielding addresses in mature precincts with proven infrastructure. First-time buyers may find the pricing accessible but should consider whether the neighbourhood's character—established rather than emerging—aligns with their long-term growth aspirations and family trajectory. High-net-worth buyers seeking luxury or bespoke addresses will typically look toward private developments or established private estates, whereas 113B Alkaff Crescent's core appeal resides in its practical transport connectivity and investment-grade rental profile rather than lifestyle prestige.

What TDSR and mortgage financing headroom should buyers model for typical purchase prices at 113B Alkaff Crescent?

For units at the lower end of the development's pricing spectrum, most owner-occupier buyers with stable employment and good credit profiles can secure mortgage financing at loan-to-value ratios between 75% and 80%, subject to HDB guidelines and individual financial assessment. The total debt servicing ratio threshold of approximately 35% of gross monthly household income typically permits buyers with household incomes above S$7,000 monthly to sustain 25-year mortgages at prevailing interest rates without TDSR constraints, though individual banks and HDB lending assessments will vary. Prospective purchasers should engage directly with their preferred financial institutions to obtain pre-approval estimates specific to their acquisition price, down-payment capacity, and household income profile, as TDSR and financing headroom calculations vary significantly based on individual circumstances and prevailing interest rate environments.

How does 113B Alkaff Crescent compare to other HDB developments near Woodleigh MRT in terms of value and positioning?

Within the immediate Woodleigh precinct, 113B Alkaff Crescent competes against several other established HDB developments and scattered private properties, with the primary differentiation centring on freehold tenure, exact distance to the MRT station, and relative unit size and configuration options available. Neighbouring HDB blocks may offer comparable transport convenience but at varied pricing depending on their precise MRT walking distance, unit configurations, and whether they carry freehold or leasehold tenure—factors that materially influence long-term value trajectories. Prospective buyers should systematically compare recent transaction prices for comparable unit types across the Woodleigh cluster to determine whether 113B Alkaff Crescent's pricing represents superior value or represents fairly efficient market equilibrium relative to its location and structural characteristics.

Which unit stacks or floor levels at 113B Alkaff Crescent typically offer superior value relative to similar units in the same development?

Within established HDB developments, lower-floor units (typically first to third levels) often command modest discounts relative to mid-to-upper levels due to perceived privacy concerns, ground-level ambient noise, and psychological preferences for elevation among owner-occupiers and tenants. Conversely, the highest levels occasionally trade at premiums reflecting elevated natural light, breeze exposure, and perceived prestige, though these premiums frequently narrow during market corrections or periods of abundant supply. Mid-floor units (fourth to eighth levels approximately) typically represent optimal value positioning, offering acceptable natural light and ventilation at prices below upper-level premiums whilst avoiding lower-floor discount penalties—a positioning that aligns well with investor objectives and owner-occupier satisfaction patterns.

What future supply pipeline considerations should influence investment decisions at 113B Alkaff Crescent today?

The Serangoon planning area's mature character and already-intensive development pattern mean large-scale new HDB supply additions near Woodleigh are unlikely within the next five to ten years, supporting relative scarcity value for established addresses like 113B Alkaff Crescent. Government Build-To-Order completions in adjacent planning areas will introduce new HDB stock that may modestly compete with resale units, but the limited scale of these projects relative to total HDB resale volume suggests minimal demand displacement risk. Investors acquiring at 113B Alkaff Crescent benefit from a supply-constrained precinct where population growth and household formation will continue encountering limited new HDB availability, supporting sustained demand and capital appreciation potential relative to developed areas experiencing material new supply introductions.