Type

Units

Min Area

Price Range

3 BR

1518 sqft

S$3.1M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$3.1M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$620K on this acquisition.
Located 10 min (800 m) from EW18 Redhill MRT Station.

Price Trends & Rental Yield

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The Crest: A Premier Residential Address in Redhill

The Crest stands as a distinguished residential development situated at 105 Prince Charles Crescent, a location that has earned recognition among discerning buyers seeking quality housing in Singapore's established central-south precinct. This freehold condominium project combines thoughtful architectural planning with accessibility to essential transport infrastructure, positioning it as a compelling choice for both owner-occupiers and investment-focused purchasers exploring the Redhill market.

The development benefits from exceptional proximity to EW18 Redhill MRT Station, situated merely 800 metres away—approximately a 10-minute walk. This strategic positioning ensures residents enjoy seamless connections to the East-West Line, facilitating rapid transit to the Central Business District, Marina Bay, and other key employment nodes across Singapore. The walkable distance to the MRT station represents a significant value proposition, particularly for commuters and those prioritising convenient public transport access as a cornerstone of their residential decision-making.

Unit Offerings and Design Philosophy

The Crest showcases a thoughtfully curated range of unit typologies designed to accommodate varying household compositions and lifestyle preferences. Properties within the development span multiple bedroom configurations, with interior dimensions typically ranging across 1,518 square feet and other floor plates, ensuring that potential purchasers can identify layouts aligned with their specific spatial and functional requirements. Each unit has been planned to maximise natural light, ventilation, and liveable space efficiency—hallmarks of contemporary residential design standards expected in Singapore's competitive property market.

The freehold tenure structure eliminates lease decay concerns entirely, a factor that substantially enhances long-term capital retention and resale marketability. Unlike leasehold properties that inevitably depreciate as their lease terms shorten, freehold ownership at The Crest provides indefinite holding potential and sustained asset value, making this development particularly attractive to those planning multi-decade ownership horizons or intending to pass property assets to subsequent generations.

Market Position and Buyer Suitability

The Crest appeals to a broad spectrum of residential purchasers. First-time homebuyers entering Singapore's property market can leverage its accessible entry points and straightforward ownership structure. Upgraders seeking to transition from smaller units to more spacious family residences find the varied unit mix accommodating to their expanding household needs. High-net-worth individuals and seasoned investors appreciate the freehold security, MRT proximity, and historically resilient capital values characteristic of established central-south residential precincts. For those considering property as an investment vehicle, the Redhill location's rental appeal—underpinned by stable tenant demand from professionals, families, and expatriates—offers meaningful yield potential alongside moderate vacancy risk.

Location Dynamics and Long-Term Appreciation

Redhill itself occupies a valuable position within Singapore's residential hierarchy. The area has matured over decades, establishing itself as a desirable address for those seeking balance between central accessibility and established neighbourhood character. The presence of EW18 Redhill MRT Station, within walking distance of The Crest, fundamentally underpins the locality's investment merit. MRT-proximate properties historically command superior capital appreciation trajectories relative to developments further from rapid transit nodes, driven by sustained tenant demand, lower transportation friction, and enhanced accessibility metrics valued by occupiers and purchasers alike.

The broader Redhill and adjoining precinct have witnessed measured but steady appreciation over recent years, reflecting Singapore's structural undersupply of quality residential stock and consistent demand from resident populations seeking established, accessible central-south addresses. The development's freehold status, combined with its transport connectivity, positions it favourably relative to leasehold alternatives in comparable locations, where depreciation trajectories become material investment considerations.

Investment Fundamentals and Rental Yield Considerations

For investors evaluating The Crest as a rental-generating asset, the property dynamics are supportive. Redhill's proximity to the CBD, combined with the MRT accessibility that The Crest enjoys, creates a compelling proposition for tenants seeking convenient, established residential options. The development's multiple unit types provide flexibility in targeting different tenant profiles—professionals seeking executive studios or one-bedroom residences, families requiring two and three-bedroom homes, and downsizers exploring right-sized layouts. Historical rental evidence across comparable central-south developments suggests gross rental yields in the 2.5–3.5% range, dependent on unit size, floor level, and specific market conditions at lease commencement. When modelled against acquisition costs within The Crest's price trajectory, such yields provide meaningful income supplementation alongside capital appreciation, though investors should stress-test assumptions against current market rental rates for comparable units in the vicinity.

Financing, Stamp Duty, and Total Cost of Ownership

Prospective buyers must account for the full acquisition cost spectrum when evaluating The Crest. For Singapore Citizens purchasing a second residential property, Additional Buyer's Stamp Duty (ABSD) applies at 20%, meaningfully amplifying purchase expenses beyond base stamp duty. A purchaser acquiring a property priced from S$3.1 million upwards would face ABSD liability of approximately S$620,000 or higher, depending on the specific unit acquired—a material consideration in financial planning and internal rate-of-return calculations for investors. First-time purchasers and upgraders selling their preceding property within the statutory timeframe may benefit from ABSD exemptions, substantially reducing acquisition friction.

From a mortgage perspective, financial institutions typically extend loan facilities covering 75–80% of the purchase price for residential properties at The Crest's price point. At a 3.5 million Singapore Dollar valuation (illustrative), a buyer financing 75% would require approximately 875,000 Singapore Dollars in liquid capital to cover down payment and closing costs. The Total Debt Service Ratio (TDSR) framework caps monthly debt obligations at 60% of gross monthly income, implying that purchasers require approximately 120,000 Singapore Dollars in monthly gross income to support mortgage payments at typical interest rates. These financing parameters underscore the importance of early consultation with banking partners and thorough affordability assessment prior to formal offer submission.

Comparative Market Positioning

The Redhill locale hosts a selection of residential alternatives across different tenure structures and price points. Leasehold properties in the vicinity offer lower entry costs but carry depreciating lease structures that progressively erode value as lease terms shorten—a dynamic absent from The Crest's freehold offering. Competing developments within the broader district vary significantly in MRT proximity, amenity density, and unit composition. The Crest's strengths centre on its walkable MRT accessibility, freehold security, and central-south address recognition, factors that have historically sustained capital resilience and rental demand across property cycles.

Per-square-foot transactional evidence in comparable central-south locations typically ranges between S$4,500–S$6,000 per square foot for freehold properties in established developments, though premium locations and recently completed projects may command elevated multiples. The Crest's pricing characteristics should be evaluated against these benchmarks to assess relative value within the Redhill and broader district context.

Future District Development and Long-Term Outlook

Singapore's housing supply pipeline, as articulated in Urban Redevelopment Authority (URA) masterplans and Government Land Sales cycles, indicates continued moderate supply across central-south districts. However, new residential completions remain constrained relative to underlying demand from the resident population and expatriate communities, suggesting that established, accessible addresses such as The Crest are likely to retain strong capital and rental value characteristics over multi-year horizons. Any future intensification in the Redhill precinct—whether through infill residential development or enhanced transport connectivity—would likely enhance rather than diminish The Crest's appeal, given its already-established MRT proximity and freehold tenure structure.

Conclusion

The Crest represents a compelling residential opportunity for those seeking a freehold address in an established, MRT-accessible central-south location. Its varied unit offerings, strategic positioning near EW18 Redhill MRT Station, and indefinite tenure structure appeal to diverse buyer constituencies—from owner-occupiers prioritising convenient, quality living environments to investors seeking balanced yield and capital appreciation from established Singapore properties. Prospective purchasers are encouraged to conduct thorough due diligence regarding financing feasibility, ABSD implications, and comparative market positioning before commencing their acquisition process.

Frequently Asked Questions

What estimated rental yield can investors expect from purchasing a unit at The Crest as an investment property?

Historical rental evidence across comparable central-south freehold developments indicates gross rental yields in the 2.5–3.5% range, though actual yield will depend substantially on the specific unit size, floor level, and prevailing rental market conditions at lease commencement. The Crest's proximity to EW18 Redhill MRT Station—merely 800 metres away—strengthens tenant demand characteristics, as MRT-accessible properties consistently attract professional tenants, families, and expatriates seeking convenient, established residential options. Investors evaluating acquisition feasibility should obtain current rental evidence for comparable two-bedroom, three-bedroom, and larger units in the Redhill vicinity, stress-test assumptions against recent market transactions, and engage mortgage providers to confirm financing availability at intended leverage ratios. When combined with moderate capital appreciation expectations typical of established central-south freehold properties, rental income provides meaningful total-return contribution alongside long-term asset appreciation.

How does The Crest's pricing compare to recent per-square-foot transaction evidence across comparable central-south freehold developments?

Per-square-foot transactional pricing for established freehold properties in comparable central-south locations typically ranges between S$4,500–S$6,000 per square foot, though premium developments and recently completed projects may command higher multiples. The Crest's specific pricing per square foot should be evaluated against this benchmark range, factoring in attributes including precise MRT proximity, amenity specifications, unit floor plates, and development completion timeline. Prospective buyers are advised to review recent URA transaction data and engagement with local real estate professionals to benchmark The Crest against recent sales of comparable freehold properties in the Redhill and adjacent central-south precincts. This comparative analysis provides essential context for assessing whether acquisition costs represent fair value relative to competing opportunities, and supports negotiation positioning when engaging with marketing agents or direct sellers.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing a second residential property at The Crest?

Singapore Citizens acquiring a second residential property incur Additional Buyer's Stamp Duty (ABSD) at 20% of the purchase price, applied on top of standard stamp duty and representing a substantial acquisition cost increment. For illustrative purposes, a purchaser acquiring a property at S$3.1 million would face ABSD liability of approximately S$620,000, meaningfully increasing total outlay beyond base purchase price and requiring careful financial planning. However, if the purchaser is simultaneously selling a preceding residential property (and satisfies statutory holding period and other qualifying criteria), ABSD exemptions may apply, substantially reducing acquisition friction and improving cash-flow feasibility. Prospective second-property purchasers should engage qualified tax and legal advisors to confirm ABSD exposure, explore exemption eligibility, and model total cost-of-ownership implications before formal offer commitment. This due diligence is particularly critical for investors, as ABSD materially impacts investment return calculations and internal rate-of-return metrics.

Does The Crest face lease decay risk that could impact long-term resale value?

The Crest is offered on a freehold tenure basis, completely eliminating lease decay risk—a material advantage over leasehold properties, which inevitably depreciate as their lease terms shorten. Freehold ownership provides indefinite holding potential with no diminishing asset value attributable to temporal lease contraction, a dynamic that fundamentally enhances capital resilience and supports multigenerational wealth transfer objectives. This tenure security is particularly valuable in Singapore's property market, where leasehold depreciation becomes increasingly severe as properties approach the 60–80 year lease-remaining threshold, often precipitating forced sales at depressed valuations. For purchasers prioritising capital preservation, the elimination of lease decay risk at The Crest represents a meaningful competitive advantage relative to leasehold alternatives in the Redhill locality, and substantially supports long-term ownership confidence. The freehold structure also enhances mortgage accessibility and financing terms, as financial institutions typically extend favourable conditions to freehold properties compared to leasehold assets with compressed lease durations.

How does proximity to EW18 Redhill MRT Station influence capital appreciation and rental demand at The Crest?

Properties situated within 800 metres (approximately 10 minutes' walk) of MRT stations command substantial market premiums and demonstrate superior capital appreciation trajectories relative to developments further from rapid transit nodes, driven by consistent tenant demand, reduced transportation friction, and enhanced accessibility metrics valued by occupiers. The Crest's positioning within walking distance of EW18 Redhill MRT Station fundamentally supports both investor yield assumptions and owner-occupier valuation confidence, as the MRT accessibility represents a persistent utility that transcends economic cycles and demographic shifts. Historical evidence across Singapore's residential portfolio demonstrates that MRT-proximate properties retain demand resilience during property downturns and experience stronger uptake during expansion phases, relative to non-MRT-accessible alternatives. Furthermore, the East-West Line's connectivity to the Central Business District, Marina Bay, and emerging employment nodes ensures continued relevance to resident and tenant populations, supporting both current and future capital value. Prospective purchasers and investors should recognise MRT proximity as a structural value driver that enhances both resale marketability and long-term appreciation potential, justifying acquisition prices at premium levels relative to comparable non-MRT-adjacent properties.

Is The Crest suitable for first-time homebuyers, upgraders, high-net-worth buyers, and investors—or specific profiles?

The Crest appeals across a broad spectrum of buyer profiles, each accessing distinct value propositions aligned with their residential and financial objectives. First-time homebuyers benefit from the freehold tenure security, MRT accessibility supporting commute convenience, and varied unit typologies enabling selection of right-sized layouts without overshooting capital requirements. Upgraders transitioning from smaller properties to larger family residences find The Crest's multiple bedroom configurations—spanning two-bedroom, three-bedroom, and larger floor plates—accommodating to expanding household spatial demands whilst remaining within established central-south accessibility parameters. High-net-worth individuals appreciate the address prestige, capital security inherent in freehold ownership, and portfolio diversification benefits that central-south residential assets provide within broader wealth structures. Investors seeking rental-generating assets recognise The Crest's combination of MRT-driven tenant demand, freehold tenure eliminating depreciation drag, and moderate capital appreciation aligned with established neighbourhood characteristics. The development's flexibility across unit sizes and buyer profiles positions it as a versatile residential opportunity accommodating diverse acquisition motivations within a single address, supporting broad market appeal and sustained demand resilience across property cycles.

What TDSR and mortgage financing headroom should first-time buyers plan for at The Crest's price points?

The Total Debt Service Ratio (TDSR) framework implemented by Singapore's banking regulator caps monthly debt obligations (including housing mortgages) at 60% of gross monthly income, establishing a primary financing constraint for residential purchases. At representative price points for The Crest—illustratively S$3.1 million and upwards—financial institutions typically extend loan facilities covering 75–80% of valuation, requiring purchasers to accumulate approximately 20–25% in liquid capital for down payment, stamp duties, legal fees, and closing costs. A purchaser financing S$2.4 million (75% of S$3.2 million valuation) at prevailing mortgage rates of approximately 3.5–4.0% would face monthly mortgage payments of approximately S$11,000–S$12,000, implying a minimum gross monthly income requirement of approximately S$18,000–S$20,000 to satisfy TDSR constraints and maintain prudent leverage positioning. First-time purchasers should conduct preliminary affordability assessment with mortgage brokers or banking partners prior to formal property inspection, confirming that household income supports intended leverage ratios and that liquid capital reserves exceed down-payment requirements to accommodate transaction friction costs. This financial planning discipline prevents disappointing situations where favourable property identification cannot proceed due to unconfirmed financing feasibility.

How does The Crest compare to competing leasehold and freehold developments within the Redhill and central-south localities?

The Redhill and broader central-south precincts host multiple residential alternatives spanning different tenure structures (leasehold and freehold), price points, and amenity configurations. Leasehold properties in the vicinity offer lower entry costs but carry depreciating lease structures that progressively erode asset value—a material disadvantage absent from The Crest's freehold offering. Competing freehold developments in the district vary significantly in MRT proximity, with some located substantially further from rapid transit nodes and consequently commanding lower capital values and rental yields. The Crest's principal competitive strengths centre on its walkable MRT accessibility (800 metres to EW18), freehold tenure eliminating lease decay risk, and established address recognition supporting demand resilience across buyer segments. When comparing The Crest against alternatives, prospective purchasers should evaluate per-square-foot pricing benchmarks, precise MRT walking distances, tenure structures and associated depreciation implications, amenity specifications, and recent transactional evidence for comparable units. This structured comparative analysis ensures informed acquisition decisions and confidence that selected properties represent fair value relative to competing opportunities in the Redhill and central-south market segments.

Which unit stack or floor levels at The Crest offer the strongest value proposition for owner-occupiers and investors?

Unit value within residential developments typically reflects floor-level positioning, with mid-floor units (approximately levels 10–20) historically commanding the optimal balance between premium pricing for elevated sight lines and accessibility convenience, without the extreme scarcity pricing of penthouse-level units. Lower floors (levels 1–10) often appeal to accessibility-conscious purchasers and investors seeking entry-level price points, though some tenants express preference for mid-to-upper-floor positioning to maximise natural light and views. Ground-floor and lower-podium units may attract discounting relative to mid-floors, representing value opportunities for investors prioritising yield generation over amenity maximisation, as such units often command slightly reduced rental premiums. The Crest's specific unit availability across floor levels should be reviewed in conjunction with pricing data and photographic evidence to identify floor stacks offering compelling value-to-amenity ratios. Prospective purchasers should conduct detailed floor-level comparisons, request pricing guidance for specific stacks, and assess sight-line quality and neighbouring building contexts before final selection, as floor positioning materially influences both owner-occupancy satisfaction and long-term investment returns through capital appreciation and rental premium realisations.

What future supply pipeline and district development activity might affect The Crest's long-term capital and rental value trajectory?

Singapore's housing supply pipeline, as articulated through Urban Redevelopment Authority (URA) masterplans and Government Land Sales (GLS) cycles, indicates continued moderate new residential supply across central-south districts, though completions remain constrained relative to underlying demand from resident populations, families, and expatriate communities. The Redhill and adjoining precincts are not subject to major redevelopment or intensive rezoning, suggesting that large-scale new supply additions are unlikely to materially disrupt established neighbourhoods or depress asset valuations. Any future intensification activity—such as infill residential development, enhanced transport connectivity, or amenity expansion—would likely enhance rather than diminish The Crest's appeal, particularly given its already-established MRT proximity and freehold tenure structure. Historical evidence from comparable central-south precincts demonstrates that modest supply growth, combined with structural demand resilience from Singapore's resident population and talent retention objectives, supports steady capital appreciation and sustained rental demand. Prospective purchasers should monitor long-term URA planning documentation and district development announcements, whilst recognising that The Crest's established address, tenure security, and transport accessibility position it favourably relative to competitive alternatives regardless of future supply pipeline evolution within the broader locality.

[For Sale] The Crest, 105 Prince Charles Crescent — From S$3.1M