Type

Units

Min Area

Price Range

3 BR

1507 sqft

S$850K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$850K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$170K on this acquisition.
Located 7 min (570 m) from NS9 Woodlands 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?

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359 Woodlands Avenue 5: Established HDB Living in North Singapore

359 Woodlands Avenue 5 represents a mature residential development positioned in one of Singapore's most established public housing precincts. Located in the Woodlands district, this HDB development has established itself as a desirable address for families, upgraders, and investors seeking stability and accessibility in the northern corridors of the island. The development's location within the broader Woodlands community places residents within easy reach of essential services, educational institutions, and comprehensive transport infrastructure that characterises this well-developed neighbourhood.

Location and Transport Connectivity

Sitting just 570 metres from NS9 Woodlands MRT Station, units at this address enjoy proximity to one of Singapore's busier transport hubs. The seven-minute walk to the station ensures convenient commuting to the city centre and other key business districts via the North-South Line, a critical advantage for working professionals and daily commuters. This accessibility has historically supported strong rental demand, as tenants value the ability to reach employment centres with minimal friction. The MRT connectivity also enhances the development's appeal to investors looking to capture consistent tenant interest in the north Singapore rental market.

Unit Specifications and Space

The development offers three-bedroom configurations with two bathrooms across approximately 1,507 square feet of internal space. This floor plate is typical of mature HDB flats built during the late 1990s and early 2000s, when unit sizes were more generous than those in newer Build-To-Order schemes. The spacious layout accommodates larger families and provides flexibility for home office arrangements—a consideration that has gained traction since hybrid working became commonplace. Two-bathroom configurations in units of this size reduce congestion during peak morning and evening periods, enhancing daily comfort for multi-generational households.

Market Positioning and Pricing

Current listings at 359 Woodlands Avenue 5 commence from approximately S$850,000 for three-bedroom units, reflecting the maturity of the estate and its established market position. This price point positions the development competitively within the Woodlands precinct, where comparable mature HDB flats typically command similar quantum depending on block location, floor level, and unit orientation. Pricing in this segment has proven resilient over multiple property cycles, underpinned by consistent demand from upgraders transitioning from one-bedroom and two-bedroom flats, as well as from investors building diversified residential portfolios across multiple MRT corridors.

Investment Appeal and Rental Potential

For owner-investors, 359 Woodlands Avenue 5 offers strategic merit within the broader northern housing corridor. The proximity to Woodlands MRT Station creates a reliable tenant pool of working professionals and expatriates seeking accommodation near established transport arteries. Historical rental yields in the Woodlands precinct have tracked between 3 and 4 percent gross, depending on unit specifications and market conditions, making three-bedroom configurations particularly attractive to yield-focused investors. The development's maturity also means a transparent resale market with comparable transaction data, allowing investors to make informed decisions about entry and exit timing.

Lease Tenure and Long-Term Value Considerations

As an HDB property, units at this address are issued on a 99-year leasehold basis. Given the development's age, new buyers should carefully evaluate the current remaining lease term and understand how lease decay will affect both marketability and valuation as the development moves through its tenure cycle. Leases below 60 years begin to encounter resistance from institutional lenders and end-user buyers, potentially constraining resale optionality in future decades. However, the HDB has introduced lease renewal schemes for qualifying properties, providing a potential pathway to extend lease terms and maintain long-term asset viability for owners who remain committed to retaining their holdings.

Buyer Profiles and Suitability

The development appeals to distinct buyer segments. First-time buyers often view this precinct as an affordable stepping stone into three-bedroom family living, avoiding the premium multiples commanded by private condominiums in comparable locations. Upgraders moving from two-bedroom flats to larger family homes find the space and amenity mix well-balanced against modest price premiums. Owner-occupiers with children benefit from the established catchment schools and community infrastructure across the Woodlands estate. Investor-owners value the combination of accessibility, rental demand, and transparent market pricing that mature HDB precincts offer.

Financing and ABSD Considerations

For first-time buyers, HDB financing is straightforward, with loans typically extended at 80% Loan-to-Value ratios and monthly servicing costs competitive relative to private property debt structures. Second-property buyers must account for Additional Buyer's Stamp Duty at 20% of the purchase price for Singapore Citizens acquiring a second residential property, a material cost that should be embedded into acquisition planning. At the S$850,000 entry price point, ABSD would amount to approximately S$170,000 in additional purchase costs, a consideration that shapes whether this development makes sense as a supplementary investment asset. Total Debt Servicing Ratio requirements must also be evaluated; most commercial lenders maintain TDSR limits of 55 percent, meaning buyers should model monthly mortgage commitments against verified household income before committing to acquisition.

Competitive Positioning Within Woodlands

The Woodlands precinct contains multiple competing HDB developments across varying age profiles. Newer Build-To-Order estates offer modern finishes and standardised layouts but command premium pricing. Older mature estates, including 359 Woodlands Avenue 5, compete on space per dollar, established neighbourhood amenities, and transparent resale market depth. The development's tenure in the district means residents benefit from settled community character, established schools, healthcare facilities, and shopping precincts—advantages that may outweigh the appeal of cosmetic modernity for buyers prioritising functional value and transport accessibility.

Market Outlook and Supply Dynamics

The Woodlands corridor has limited new HDB supply coming online, with most future Build-To-Order launches concentrated in the northern fringe areas further from the MRT network. This supply constraint supports underlying value preservation for mature estates positioned at established transport nodes, as relative scarcity will continue to anchor demand. Conversely, older lease profiles will gradually constrain the buyer pool as properties approach mid-lease stages, making current entry windows potentially advantageous for investors seeking to build holdings before lease concerns become mainstream resale obstacles. The development's maturity and lack of new competing supply in the immediate vicinity provide long-term demand stability, particularly for owner-occupiers and long-hold investors.

Conclusion

359 Woodlands Avenue 5 exemplifies the stable, accessible character of mature HDB developments positioned at well-serviced MRT nodes. The combination of spacious three-bedroom layouts, proximity to established transport infrastructure, and competitive pricing creates appeal across multiple buyer demographics. While lease tenure requires careful attention, the development's location and market positioning support consistent demand and transparent resale conditions. For buyers prioritising functional family living, reliable rental return potential, or upgrading within the northern corridors, this development merits considered evaluation within a broader property strategy.

Frequently Asked Questions

What is the estimated rental yield for a three-bedroom unit at 359 Woodlands Avenue 5 if purchased as an investment?

Three-bedroom units at 359 Woodlands Avenue 5 typically yield between 3 and 4 percent gross rental return, depending on exact unit placement, floor level, and prevailing market rental rates within the Woodlands corridor. At an entry price of approximately S$850,000, a 3.5 percent gross yield would translate to annual rental revenue in the region of S$29,750, though actual returns vary with tenant profile and lease duration negotiated. The proximity to Woodlands MRT Station supports reliable tenant demand from working professionals and expatriates, historically translating to low vacancy rates and stable income streams for investors holding similar unit types across the north Singapore rental market.

How does the per-square-foot pricing at 359 Woodlands Avenue 5 compare to recent sales of similar three-bedroom HDB flats in Woodlands?

At approximately S$850,000 for roughly 1,507 square feet, units at this development trade at a per-square-foot rate around S$564 to S$570, positioning them competitively within the Woodlands precinct for mature three-bedroom stock. Recent comparable transactions for similar-sized flats in established Woodlands blocks show psf pricing broadly aligned with this range, reflecting the maturity and stability of the locale rather than premium multiples. Older estates with similar MRT proximity and unit specifications typically command comparable or marginally higher pricing, suggesting this development offers fair value relative to alternative three-bedroom options in the immediate catchment, though individual floor level, unit orientation, and remaining lease tenure create transaction-by-transaction variation.

What is the Additional Buyer's Stamp Duty impact if I purchase a second residential property at this development as a Singapore Citizen?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty at 20 percent of the property's purchase price, payable in addition to standard Buyer's Stamp Duty. At the S$850,000 entry price point, ABSD would amount to S$170,000, representing a substantial acquisition cost that must be factored into overall investment structuring and capital requirements. This 20 percent levy applies across the entire purchase price and cannot be avoided through creative structuring; it is a direct cost consequence of holding multiple residential properties simultaneously. Investors contemplating multi-property portfolios should model ABSD as part of baseline investment returns and ensure capital reserves can absorb this outlay without constraining cash flow or loan serviceability.

What is the lease tenure at 359 Woodlands Avenue 5, and how does remaining lease affect long-term resale value?

359 Woodlands Avenue 5 is an HDB development issued on a 99-year leasehold basis; the remaining lease term depends on the exact construction year and subsequent lease renewal applications. As leases decay below 60 years, institutional lenders increasingly restrict financing ratios and end-user buyers become hesitant, potentially constraining both marketability and valuation. The HDB's lease renewal scheme offers qualifying properties the opportunity to extend tenure, but this mechanism involves government application processes and potential financial contributions, making early renewal planning important for long-term asset holders. Buyers should verify current remaining lease tenure before acquisition and factor lease decay timelines into multi-decade wealth planning, particularly if planning to hold properties beyond 15 to 20 year horizons.

How does proximity to Woodlands MRT Station support capital appreciation and rental demand?

Properties within 600-700 metres of established MRT stations consistently command rental premiums and resale price multiples relative to comparable units further from transport nodes, and Woodlands Station's position as a major interchange on the North-South Line amplifies this effect. Tenants prioritise MRT accessibility for daily commuting efficiency, creating stable demand pools for residential rentals across all unit types at this development. Historical capital appreciation across Woodlands HDB estates has tracked in line with broader north Singapore trends, with MRT-proximate blocks demonstrating slightly stronger long-term price resilience during property cycles, as their accessibility fundamentals remain constant regardless of market sentiment. The seven-minute walk to the station positions 359 Woodlands Avenue 5 within the premium tier of the local catchment for transport value.

Is 359 Woodlands Avenue 5 suitable for first-time homebuyers, and what advantages does it offer this segment?

The development is highly suitable for first-time buyers transitioning from rental accommodation or from smaller HDB units, offering spacious three-bedroom configurations at accessible pricing points compared to private residential alternatives in similar locations. First-time buyer financing through HDB is straightforward and competitive, with loan-to-value ratios up to 80 percent and monthly servicing costs substantially lower than equivalent mortgage structures in the private market. The established Woodlands neighbourhood provides settled community character, established schools, healthcare facilities, and retail infrastructure that appeal to young families building foundational residential assets. Importantly, first-time buyers avoid Additional Buyer's Stamp Duty, meaning acquisition costs are predictable and capital outlay is optimised relative to investor-profile buyers entering their second or subsequent properties.

What Total Debt Servicing Ratio headroom exists for buyers financing a three-bedroom unit at this development?

Most commercial lenders maintain Total Debt Servicing Ratio caps at 55 percent of verified household income, meaning a buyer securing a mortgage at S$680,000 (80 percent LTV of S$850,000) with a typical 25-year tenure at prevailing interest rates of approximately 3.5 to 4 percent would require gross monthly household income of roughly S$13,500 to S$14,500 to comfortably remain within TDSR limits. At this income threshold, TDSR utilisation would approach 50 to 55 percent, leaving limited headroom for additional consumer debt, car loans, or other household obligations. Buyers should model their specific income profile, existing debt commitments, and planned debt duration against lender TDSR requirements before committing to acquisition; stress-testing at higher interest rate scenarios (5 to 6 percent) also helps ensure serviceability resilience across prolonged rising-rate environments.

How does 359 Woodlands Avenue 5 compare to newer Build-To-Order estates in the Woodlands precinct?

Newer Build-To-Order estates in Woodlands command 20 to 30 percent pricing premiums relative to mature estates like 359 Woodlands Avenue 5, reflecting modern finishes, standardised layouts, and warranty protections that appeal to buyers prioritising contemporary aesthetics. However, mature estates offer significantly more spacious floor plates—typical BTO three-bedroom configurations offer 1,100 to 1,200 square feet, whilst established estates like this development provide 1,500+ square feet at lower absolute and psf pricing. Mature estates also benefit from settled community infrastructure, established neighbourhood amenities, and transparent resale market depth from decades of transactions, contrasting with newer estates where resale pricing discovery remains more fragmented. Buyers prioritising space per dollar and transport accessibility often find mature MRT-proximate estates more compelling value propositions than newer builds in less accessible locations.

Which unit stacks or floor levels typically offer the best value and livability at this development?

Mid-level units (floors 5 through 15) typically command balanced pricing between lower-floor premiums for accessibility and upper-floor premiums for views and natural light, making these tiers optimal for value-conscious buyers seeking strong resale optionality without excess pricing. Lower floors (1-4) often trade at discounts due to reduced privacy, natural light constraints, and perceived security concerns, presenting potential arbitrage for investors comfortable with these trade-offs in exchange for acquisition price reductions. Upper floors (16+) typically command 5 to 15 percent premiums for panoramic views and enhanced ventilation, justifiable for owner-occupiers but often difficult to recover fully through rental income, making these less compelling for yield-focused investors. Corner units and units with east-west orientation generally offer superior natural light and cross-ventilation compared to internal units, often justifying minor price premiums that reflect improved liveability rather than speculative appreciation.

What is the future supply pipeline for HDB flats in the Woodlands district, and how does this affect long-term demand?

Woodlands has limited new HDB Build-To-Order supply allocated for the next 3 to 5 years, with most forthcoming launches concentrated in peripheral fringe areas further from established MRT networks, rather than within the mature Woodlands core where 359 Woodlands Avenue 5 is positioned. This supply constraint supports underlying value preservation for mature estates at established transport nodes, as relative scarcity will increasingly anchor demand as first-time buyer cohorts compete for limited MRT-proximate stock. The broader north Singapore supply trajectory shows HDB development shifting progressively northward toward secondary nodes, reducing competitive pressure on mature central-north estates like Woodlands and supporting long-term resale liquidity for properties at proven transport hubs. This structural supply dynamic favours current entry windows for investors and owner-occupiers seeking to secure positions in established, MRT-proximate precincts before lease concerns and supply constraints make acquisition increasingly competitive.

[For Sale] Hdb Flat At 359 Woodlands Avenue 5 — From S$850K