Type

Units

Min Area

Price Range

2 BR

678 sqft

S$1.7M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$1.7M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$330K on this acquisition.
Located 3 min (270 m) from EW18 Redhill MRT Station.

Price Trends & Rental Yield

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Alex Residences: Urban Living at Alexandra View

Alex Residences stands as a contemporary residential offering at 28 Alexandra View, positioned within one of Singapore's most established and accessible districts. The development benefits from exceptional proximity to Redhill MRT Station on the East-West Line, situated merely 270 metres away, which translates to a swift three-minute walk for residents commuting across the island. This strategic location places the project within the heart of the Alexandra precinct, a neighbourhood characterised by mature infrastructure, vibrant mixed-use activity, and strong long-term appreciation fundamentals.

The development comprises thoughtfully designed apartment units that cater to the contemporary Singaporean household seeking efficient, well-appointed living spaces. Each residence incorporates functional room layouts and modern finishes that maximise usable space and livability. The compact footprint typical of units within this development reflects the sophisticated approach to urban residential design that acknowledges Singapore's premium land values whilst maintaining comfort and convenience for occupants.

Strategic Location and Transport Connectivity

Proximity to Redhill MRT Station represents a defining advantage for Alex Residences. The East-West Line connectivity enables residents to reach the Central Business District, Changi Airport, and secondary business nodes within 20 to 30 minutes depending on destination. This transport accessibility underpins both immediate lifestyle convenience and longer-term capital appreciation, as MRT-proximate properties historically demonstrate resilience through economic cycles and attract a broad spectrum of end-user and investor demand.

Beyond rail connectivity, the Alexandra locality itself functions as a secondary commercial hub with established food and beverage precincts, retail outlets, and services. Residents enjoy walkable access to these amenities without the premium property valuations associated with prime central zones, positioning the development as an intelligent choice for those balancing accessibility with cost-efficiency.

Investment Credentials and Market Appeal

Alex Residences appeals to multiple buyer cohorts. Owner-occupiers upgrading from smaller units or first-time buyers seeking established neighbourhoods find the development's location particularly compelling. Investors and high-net-worth purchasers evaluating rental yield opportunities recognise that East-West Line proximity, combined with the Alexandra area's mature rental market, supports consistent tenant demand and stable income streams. The development's efficient unit designs particularly suit young professionals, couples, and investors seeking straightforward asset management without the complexity associated with larger, multi-bedroom configurations.

The neighbourhood's established character means that prospective residents and tenants perceive the address as credible and mature, rather than speculative or nascent. This perception translates into rental resilience and resale appeal, as the locality has demonstrated consistent performance through multiple property market cycles.

Pricing and Value Proposition

Units within Alex Residences are positioned within the upper-middle segment for Singapore's apartment market, reflecting the development's location, finishes, and proximity to major transport infrastructure. Pricing commencements from S$1.65 million demonstrate competitive positioning within the Alexandra precinct relative to comparable apartments offering similar transport connectivity and neighbourhood maturity. Prospective buyers should evaluate pricing against recent transactions for similar-sized apartments within 500 metres of other East-West Line stations to contextualise value.

Financing considerations are material for most purchasers. At typical price points for the development, mortgage serviceability under the Total Debt Servicing Ratio (TDSR) framework remains straightforward for professional purchasers with stable income, permitting loan-to-value ratios of approximately 80% for owner-occupiers. Second-property investors should factor Additional Buyer's Stamp Duty (ABSD) at 20% when calculating total acquisition costs alongside the development's purchase price, which materially influences net cash-on-cash return calculations.

Lease Structure and Long-Term Viability

Prospective purchasers should confirm the lease duration applicable to units within Alex Residences, as this fundamentally influences both financing availability and long-term resale prospects. Properties with leasehold tenures approaching 70 years or below may encounter tightened lending criteria and reduced buyer pools as the lease ages, potentially impacting capital appreciation velocity in later decades. Owner-occupiers with lengthy holding horizons should particularly scrutinise lease remaining term to ensure the property remains financeable and marketable throughout their intended ownership period.

Competitive Landscape

The Alexandra and Redhill locality hosts several competing apartment developments at varying price points and configurations. Prospective purchasers should evaluate Alex Residences against nearby alternatives offering comparable MRT proximity and neighbourhood amenities to confirm relative value positioning. Recent supply completions in the district and future project pipelines may influence both pricing dynamics and tenant competition, making comparative market analysis prudent before committing capital.

Suitability Across Buyer Profiles

First-time buyers seeking to enter Singapore's property market at an established location with proven rental demand find Alex Residences accessible, whilst the development's efficient layouts minimise ongoing maintenance complexity compared to larger, multi-level homes. Upgrading owner-occupiers transition comfortably into the development's modern amenities and established neighbourhood character. Investors prioritising yield over capital growth appreciate the consistent tenant demand generated by the Alexandra precinct's employment nodes, educational institutions, and recreational facilities. High-net-worth purchasers may view the development as a yielding component within diversified property portfolios rather than a primary residence.

Alex Residences ultimately represents a pragmatic choice for purchasers balancing accessibility, cost-efficiency, and proven neighbourhood fundamentals within Singapore's competitive residential market.

Frequently Asked Questions

What rental yield can investors expect from Alex Residences apartments?

Rental yields for apartments within Alex Residences typically range between 2.5% and 3.5% gross annual return, depending on specific unit configuration, floor level, and prevailing market conditions. The Alexandra precinct benefits from consistent tenant demand driven by proximity to the Redhill MRT Station, established employment nodes nearby, and mature neighbourhood amenities that appeal to young professionals and families. Investors should factor that yields fluctuate based on broader interest rate environment, overall apartment supply in the district, and lease remaining term, with newer or mid-tier lease properties generally attracting stronger occupancy rates than properties approaching 80+ years remaining.

How does Alex Residences pricing compare to recent per-square-foot transactions in the Alexandra area?

Recent apartment transactions within 500 metres of Redhill MRT Station have established a market rate range of approximately S$2,200 to S$2,500 per square foot for similar-sized, efficiently designed units. At the development's entry-level pricing from S$1.65 million across typical unit sizes around 650 to 750 square feet, Alex Residences positions at the competitive mid-range of this spectrum, reflecting its established location and MRT proximity. Comparative analysis should extend to recent resales of completed projects along the East-West Line, particularly those in the Tiong Bahru, Bukit Merah, and Clementi segments, to triangulate whether the development's pricing aligns with historical appreciation patterns and forward-looking market sentiment.

What is the Additional Buyer's Stamp Duty impact for second-property investors buying Alex Residences?

Singapore Citizens purchasing a second residential property at Alex Residences incur Additional Buyer's Stamp Duty (ABSD) at 20% of the purchase price, representing a substantial cost impact that must be factored into total acquisition outlay and net yield calculations. For a property priced at S$1.65 million, this equates to S$330,000 in ABSD liability, payable upfront upon completion of purchase, which materially affects cash-on-cash return and mortgage financing structuring. Investors should model this cost within their pro-forma analysis and confirm financing institutions will lend up to standard loan-to-value ratios on properties subject to ABSD, as some lenders marginally tighten criteria for second-property acquisitions despite regulatory expectations of standard lending terms.

What is the lease tenure at Alex Residences and how does lease decay affect resale value?

Prospective purchasers must verify the specific lease duration (99 years, 999 years, or freehold) applicable to units within Alex Residences, as this critically influences both long-term financing viability and resale marketability across ownership horizons. Leasehold properties in Singapore historically experience accelerating value depreciation once remaining lease falls below 70 years, as buyer pools narrow and lending institutions tighten criteria significantly. For Alex Residences, confirming lease structure early in the purchasing journey enables realistic modelling of property performance across 10, 20, and 30-year holding periods, and ensures the development remains financeable for end-user occupants throughout typical Singapore ownership lifespans.

How does Redhill MRT Station proximity affect Alex Residences demand and capital appreciation?

East-West Line proximity within 300 metres delivers measurable capital appreciation premiums and rental demand resilience for residential properties, with MRT-adjacent apartments historically outperforming non-connected comparables by 15% to 25% across five-year and ten-year holding periods. The Redhill station location ensures Alex Residences remains attractive to commuting professionals, families requiring fast island-wide access, and investors seeking assets with consistent tenant appeal. However, oversupply of new apartment stock within the same MRT catchment may moderate appreciation velocity; investors should monitor the planning pipeline for secondary residential projects within walking distance of Redhill to assess future competitive intensity and yield compression risk.

Which buyer profiles are best suited to Alex Residences?

First-time homebuyers seeking entry into Singapore's property market at an established location with proven neighbourhood fundamentals find Alex Residences particularly suitable, as the development's efficient layouts and mature precinct character minimise post-purchase complexity. Upgrading owner-occupiers transitioning from smaller units appreciate the modern finishes and convenient MRT accessibility without premium pricing associated with prime central locations. Yield-focused investors prioritising rental income stability over capital growth recognise that the Alexandra precinct's employment concentration and lifestyle amenities generate reliable tenant demand, making the development an intelligent component within diversified property portfolios. High-net-worth purchasers may view Alex Residences as a pragmatic yielding asset within multi-property holdings rather than a primary residence, particularly if they favour established neighbourhoods over emerging precincts.

What TDSR headroom and mortgage financing terms apply to typical Alex Residences purchase prices?

Owner-occupiers purchasing apartments at Alex Residences' typical entry price of S$1.65 million encounter straightforward mortgage serviceability under Singapore's Total Debt Servicing Ratio (TDSR) framework, which permits debt obligations of up to 55% of gross monthly income for most lenders. At standard financing terms of 70% loan-to-value across a 25-year mortgage, monthly servicing costs approximate S$5,500 to S$6,200 depending on prevailing interest rates, requiring annual household income of approximately S$120,000 to S$135,000 for comfortable TDSR compliance. Second-property investors face identical TDSR criteria but must factor the 20% ABSD cost into total capital requirement, reducing available loan proceeds and requiring correspondingly higher liquid reserves or reduced leverage ratios.

How does Alex Residences compare to competing apartment developments in Alexandra and Redhill?

The Alexandra and Redhill localities host several competing apartment projects at varying price points, configurations, and finishes stages, including both new completion and resale inventory from prior development cycles. Prospective purchasers should contrast Alex Residences' pricing per square foot, floor-to-ceiling heights, balcony configurations, and amenity offerings against nearby alternatives such as projects in Tiong Bahru and Bukit Merah, which also enjoy MRT proximity and established neighbourhood characteristics. The competitive landscape is dynamic; monitoring recent transaction volumes and price movement within a 1-kilometre radius of the development reveals whether Alex Residences is gaining or losing market share relative to alternatives, informing valuation assumptions and future appreciation expectations.

Which unit stack or floor level typically offers best value within Alex Residences?

Mid-tier floor levels (approximately levels 4 through 12) within Alex Residences typically deliver superior value relative to ground-level units, which often command rental discounts due to reduced privacy and street-level noise, and premium high-floor units commanding 8% to 15% pricing premiums without proportionate functional benefits for most occupant profiles. Corner and dual-aspect units command modest premiums reflecting enhanced natural ventilation and perceived light quality, though these advantages do not always translate into proportionate rental yield improvements. Investors evaluating specific unit stacks should compare recent resale transactions within the same building to identify consistent pricing patterns and determine whether particular floor heights or aspect orientations correlate with faster turnover or higher rental absorption.

What is the future supply pipeline in the Alexandra and Redhill district?

The Alexandra and Redhill locality has witnessed measured new residential supply completions over the past five years, with the district positioned as established rather than emerging, meaning future pipeline additions are likely constrained by limited remaining development sites. Investors should review the URA Master Plan and Urban Redevelopment Authority's planning pipeline for any gazetted or announced projects within 1 kilometre of Alex Residences that may introduce competing supply and moderate pricing appreciation or rental demand. Historical patterns suggest that secondary MRT-adjacent locations like Redhill experience slower supply cycles compared to prime central zones, supporting long-term stability; however, any major new residential completions within the catchment could dampen near-term capital appreciation and compress rental yields, meriting forward-looking supply analysis before committing capital.

Alex Residences, 28 Alexandra View — From S$1.7M