Type

Units

Min Area

Price Range

3 BR

904 sqft

S$540K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$540K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$108K on this acquisition.
Located 7 min (550 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?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

824 Woodlands Street 81: A Mature HDB Development in Woodlands

824 Woodlands Street 81 represents a well-established residential address in the heart of Woodlands, one of Singapore's most vibrant public housing estates. Located in the North region, this development has become a sought-after choice for families, upgraders, and investors seeking affordable quality housing with excellent connectivity to the rest of the island.

The development's positioning within Woodlands offers residents immediate access to a mature, thriving community. The neighbourhood has matured significantly over the decades, with a comprehensive network of schools, shopping centres, hawker centres, and recreational facilities firmly established. This maturity is a key attraction for buyers looking for stability and a sense of community, rather than relying on future development promises.

Transport Connectivity and MRT Access

One of the most compelling advantages of 824 Woodlands Street 81 is its proximity to NS9 Woodlands MRT Station, situated approximately 7 minutes' walk away (550 metres). This direct access to the North-South Line connects residents seamlessly to major employment hubs across Singapore, including the Central Business District, Jurong East, and Marina Bay. The convenience of MRT access significantly enhances daily commuting efficiency, making this development particularly attractive to working professionals and families with school-age children.

The North-South Line's integration with Singapore's broader transport ecosystem means residents can reach most parts of the island within 45 minutes during peak hours. This connectivity directly influences rental demand and capital appreciation potential, as the property becomes attractive to a broader tenant pool and buyer demographic seeking convenient access to work and amenities.

Unit Configuration and Space

Units within this development typically feature flexible layouts suited to diverse household compositions. The three-bedroom, two-bathroom configurations available from S$540,000 offer approximately 904 square feet of living space, providing a comfortable balance between affordability and liveable area. This size profile appeals particularly to young families upgrading from smaller units, as well as multi-generational households seeking adequate space without the premium attached to newer, more compact developments.

The square footage available allows for functional living arrangements with separate sleeping quarters, entertaining spaces, and practical kitchen-and-dining configurations. Buyers can expect layouts that maximise natural ventilation and light, typical of HDB design standards that have evolved to prioritise resident comfort and lifestyle quality.

Pricing and Affordability

The price range starting from S$540,000 positions this development competitively within the Woodlands precinct and the broader HDB resale market. For first-time buyers and upgraders, this pricing represents genuine accessibility without compromising on location quality or unit size. Compared to newer developments in peripheral areas, the established nature of 824 Woodlands Street 81 often delivers better value-for-money, particularly when transport connectivity and community maturity are factored into the purchase decision.

Financing remains straightforward for Singapore Citizens and Permanent Residents, with HDB concessional loans and bank mortgages readily available. First-time buyers benefit from the absence of Additional Buyer's Stamp Duty (ABSD), whilst investors and second-property purchasers should budget for the current 20% ABSD payable on the purchase price alongside the standard Stamp Duty and legal fees.

Investment and Rental Potential

For investors, the development's mature status and MRT connectivity create a compelling rental case. The established community attracts a stable pool of tenants seeking proximity to transport links, schools, and shops without the premium pricing of private residential enclaves. Monthly rental yields typically range between 3% and 4.5% annually, depending on unit configuration, floor level, and precise location within the development block.

The rental market in Woodlands remains robust, driven by families, young professionals, and expatriate relocations seeking affordable yet well-serviced accommodation. The lack of new competing HDB supply in the immediate vicinity further supports rental rate stability. Investors considering this development should note that whilst HDB properties offer lower entry costs and strong tenant demand, lease decay becomes a consideration for units with remaining lease periods below 85 years at purchase. At present, units in this address maintain reasonable lease remaining, though this should be verified during the purchase evaluation process.

Community and Amenities

The Woodlands neighbourhood provides comprehensive amenities supporting daily living. Multiple primary and secondary schools operate within walking distance, making the development attractive for families with children. Shopping and dining options are abundant, with Woodlands Centre, Woodlands Civic Centre, and various neighbourhood shopping malls serving residents. Recreational facilities include parks, fitness centres, and community clubs that foster active living and social engagement.

The maturity of the estate means schools, medical facilities, and essential services are already well-established rather than dependent on future completion. This stability appeals to buyers prioritising certainty and proven community infrastructure over speculative new development promises.

Resale Market Dynamics

HDB resale transactions in Woodlands have historically demonstrated steady appreciation, reflecting the estate's enduring appeal and transport advantage. The North-South Line's presence ensures sustained demand for units near this development, as families and professionals continuously seek affordable options with convenient MRT access. Resale velocity tends to be favourable, with most units transacting within three to six months of listing, depending on pricing and configuration.

First-time buyers entering the Woodlands market often upgrade to adjacent estates or private residential properties after building equity in this development. This consistent upgrade demand supports transaction volume and price stability, creating a liquid market that favours both buyers and sellers.

Suitability for Different Buyer Profiles

First-time buyers benefit from straightforward financing, no ABSD imposition, and access to a mature, proven community where property management and estate governance are well-established. Young families upgrading from smaller units find the three-bedroom layouts sufficient for growing households whilst maintaining affordability. Investors seeking rental-yield-focused portfolios appreciate the stable tenant demand and moderate entry price. Upgraders moving from one- or two-bedroom units into three-bedroom configurations experience a tangible quality-of-life improvement without excessive financial strain.

The development caters less to luxury-seekers and high-net-worth individuals focused on exclusive private developments, though pragmatic investors recognising the value proposition in affordable, well-located HDB assets often view this category strategically.

Future Outlook and Supply Context

The Woodlands estate matures further each year, with new HDB supply increasingly directed to peripheral areas or future planning zones rather than infill development within established estates like this. This supply constraint supports long-term resale demand and capital preservation. Urban renewal initiatives and potential upgrading programmes may enhance the wider estate's appeal over time, though such enhancements typically accrue benefits to existing residents rather than depressing values.

The North region's development trajectory remains positive, with ongoing transport infrastructure improvements and commercial intensification in surrounding precincts such as Woodlands Innovation District. These macro-level developments indirectly support residential values and rental demand across the Woodlands HDB portfolio.

Frequently Asked Questions

What is the estimated rental yield for investors purchasing at 824 Woodlands Street 81?

Rental yields for three-bedroom units in this Woodlands development typically range between 3% and 4.5% annually, calculated on the initial purchase price. Given the proximity to NS9 Woodlands MRT Station and the established community infrastructure, the property attracts a consistent tenant pool comprising families, young professionals, and expatriates seeking affordable yet well-serviced accommodation in the North region. Actual yields depend on precise unit location, floor level, market timing, and the seasonal strength of Woodlands' rental cycle. Investors should expect monthly rents in the S$2,200 to S$2,700 range for three-bedroom configurations, though upper-floor units and those positioned near the MRT station may command premiums. The maturity of the estate and absence of major competing new HDB supply nearby provide stability for rental income projections over a five to ten-year investment horizon.

How does pricing per square foot at this development compare to recent Woodlands HDB transactions?

The development's pricing of approximately S$597 per square foot (based on the S$540,000 entry point for 904 sqft units) positions it competitively within the Woodlands resale market. Recent HDB transactions in the broader Woodlands precinct have ranged between S$550 and S$650 per square foot depending on unit configuration, floor level, and remaining lease tenure. Units in similar age developments with comparable MRT proximity typically trade at S$580 to S$620 psf, suggesting this development offers fair market value without speculative premium. Comparison to newer, smaller HDB units in peripheral areas reveals a value advantage here, as buyers receive larger floor plates and superior MRT accessibility. When evaluating pricing, prospective purchasers should review recent comparable transactions within the same block and adjacent blocks to ensure alignment with current market rates, as psf metrics fluctuate with broader HDB market sentiment and interest rate environment.

What is the Additional Buyer's Stamp Duty (ABSD) implication for second-property buyers at this development?

Second residential property buyers who are Singapore Citizens must pay Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, in addition to standard Stamp Duty and legal fees. For a purchase at S$540,000, this represents an additional S$108,000 in upfront costs, significantly affecting the total acquisition expense and financing requirement. Permanent Residents face a higher ABSD rate of 25%. First-time HDB buyers are exempt from ABSD, making this development particularly accessible for upgraders and families purchasing their first residential property. Investors and individuals acquiring a second property should budget for the 20% ABSD alongside their mortgage financing, potentially requiring a larger cash deposit or alternative funding strategies. The ABSD liability reinforces the importance of careful financial planning and understanding total acquisition costs before committing to purchase in the HDB resale market.

What is the lease decay risk, and how might it affect long-term resale value at 824 Woodlands Street 81?

HDB leasehold properties in Singapore typically carry lease tenures of 99 years from the flat's original grant date. As leases decay below 80 years remaining, banks may tighten mortgage lending criteria, restricting financing options for future buyers and potentially suppressing resale values. At present, units within this established development maintain reasonable remaining lease periods, though purchasers should verify the exact lease expiration date during the legal due diligence phase. Units with less than 75 years remaining may experience financing constraints and resale velocity slowdown, even if the property remains physically sound. The government's Selective En-bloc Redevelopment Scheme (SERS) provides a potential avenue for collective upgrade if the estate is eventually identified for renewal, though this remains uncertain and may occur decades in the future. Prudent buyers should factor lease decay into their long-term investment horizon, prioritising units with stronger remaining tenure or accepting that resale may become more challenging in the final 20 to 30 years of the lease term.

How does proximity to NS9 Woodlands MRT Station influence demand and capital appreciation for this development?

The 7-minute walk to NS9 Woodlands MRT Station significantly enhances the development's appeal and supports consistent capital appreciation. Properties within 400 to 600 metres of MRT stations command rental premiums of 10% to 20% compared to distant locations, directly translating to buyer demand and price stability. The North-South Line's connection to the Central Business District, Jurong East, and Marina Bay ensures sustained commuting demand from working professionals and families, underpinning both purchase interest and rental yield. Over the past decade, HDB properties with direct MRT access in Woodlands have appreciated more robustly than similar units in estates lacking equivalent transport connectivity. The convenience of the MRT link attracts upgraders, families, and investors alike, creating a broad buyer base that supports transaction velocity. Future transport infrastructure improvements—such as potential Circle Line extensions or enhanced feeder services—could further enhance this locality's attractiveness, though the existing connectivity already provides substantial advantage.

Is 824 Woodlands Street 81 suitable for first-time buyers, upgraders, investors, and high-net-worth purchasers?

First-time buyers benefit considerably from this development due to the absence of Additional Buyer's Stamp Duty, straightforward HDB concessional loan eligibility, and access to a mature, proven community with established governance and facilities. Young families upgrading from smaller units find the three-bedroom layout substantially improves quality of life whilst maintaining affordability compared to private residential alternatives. Investors appreciate the stable rental demand, proven capital appreciation track record, and moderate entry price that enables portfolio diversification without excessive capital outlay. Upgraders moving from two-bedroom to three-bedroom configurations experience clear lifestyle improvements and positioning for future private property upgrades after building equity. High-net-worth individuals and luxury-focused purchasers typically look beyond this development toward exclusive private estates, though pragmatic investors recognising the fundamental value proposition in affordable, well-located HDB assets may view this category strategically as part of a diversified portfolio. The development's accessibility and stability make it particularly well-suited to middle-income buyers and practical investors rather than premium-market participants.

What are the TDSR and financing headroom implications at the S$540,000 price point for this development?

At the S$540,000 entry price, Total Debt Servicing Ratio (TDSR) calculations assume a buyer's monthly debt servicing obligations—including mortgage payments, car loans, credit card commitments, and other liabilities—do not exceed 55% of gross monthly income. For an HDB concessional loan at approximately 2.6% interest over a 25-year tenure, the monthly mortgage payment would be roughly S$2,350, requiring a gross monthly income of approximately S$4,270 to maintain comfortable TDSR headroom. Bank mortgages at current market rates (typically 3.5% to 4.0%) would result in slightly higher monthly payments, demanding higher income thresholds. Buyers with existing debts (car loans, personal loans) must account for these obligations within their TDSR calculation, reducing borrowing capacity. First-time buyers accessing HDB concessional loans benefit from more favourable terms than bank mortgages, providing superior financing headroom. Most buyers in this price segment are prudent to aim for a 30% cash deposit (S$162,000) to reduce leverage and improve loan approval odds, though lower deposits with HDB assistance are possible. Financial advisers recommend stress-testing affordability at higher interest rates (5% to 6%) to ensure long-term sustainability beyond initial loan periods.

How does 824 Woodlands Street 81 compare to competing HDB developments nearby in Woodlands?

The Woodlands estate encompasses numerous blocks and addressing within a consolidated precinct, each with slightly different characteristics in terms of age, block configuration, and positioning relative to amenities and the MRT station. Units at 824 Woodlands Street 81 compete directly with adjacent blocks such as those along Woodlands Street and Woodlands Avenue, which may offer similar floor plans and pricing within S$30,000 to S$50,000 ranges depending on specific unit characteristics. Some competing blocks may be marginally closer to Woodlands MRT Station (reducing walk time below 7 minutes), whilst others may trade at slight discounts due to older condition or less desirable floor arrangements. Newer HDB estates in peripheral areas such as Tengah or Punggol offer lower entry prices but require longer transport journeys to the Central Business District, making the Woodlands trade-off of established maturity against distance attractive to many buyers. Private housing developments in surrounding areas (such as landed properties or small condominiums) command significant premiums, positioning HDB options like this development as compelling value-for-money choices. Buyers should physically inspect competing units and recent comparable sales before committing, as marginal location differences within the estate can yield meaningful price variations.

Which unit stack or floor level represents best value at 824 Woodlands Street 81?

Mid-level units (floors 7 to 12) typically offer optimal value balancing price efficiency with practical benefits of reduced ground-floor noise and vibration whilst avoiding the premium associated with high-floor units (floors 16 and above). Ground and low-rise units (floors 1 to 3) often trade at discounts of 5% to 8% compared to mid-floor equivalents due to perceived noise from street activity and reduced natural ventilation, though these units suit buyers prioritising accessibility and those with mobility considerations. High-floor units command premiums of 8% to 15% due to privacy, reduced noise, and perceived prestige, though the marginal benefit diminishes significantly beyond floor 12 in a development of typical HDB height. Corner units and units with direct MRT-facing orientation may trade at slight premiums or discounts depending on noise perception and view appeal. Buyers should consider personal preferences—families with young children may prioritise lower floors for safety and supervision, whilst professionals working late hours may value high-floor quiet and privacy. The best value typically emerges in mid-stack units avoiding both discount and premium dynamics, offering genuine functionality at fair market rates without paying for marginal aesthetic gains.

What is the future supply pipeline and development outlook for the Woodlands district?

The Woodlands estate, as a mature and fully developed HDB precinct, receives minimal new infill HDB supply compared to growth areas such as Punggol, Tampines expansion zones, or Tengah new town. Future new HDB supply is strategically directed to peripheral planning zones and areas with larger land reserves rather than established estates, reducing competitive pressure on resale prices at 824 Woodlands Street 81. Potential estate upgrading initiatives and precinct enhancements (such as improved public spaces, commercial revitalisation, or potential Woodlands Innovation District intensification) may add long-term appeal and capital appreciation without creating supply-side headwinds. The North region's broader development trajectory includes transport improvements and commercial growth, indirectly supporting residential demand and values across HDB portfolios. Urban renewal initiatives remain Government-driven and unpredictable, though the Woodlands estate's relative youth and maintenance standards suggest near-term SERS potential is limited. Medium to long-term (10+ years), the limited supply pipeline in Woodlands combined with sustained commuting demand and transport connectivity positions this development favourably for capital preservation and modest appreciation. Buyers should view this development as a stable, defensive asset within the HDB spectrum rather than a speculative appreciation play linked to future supply disruption.

[For Sale] Hdb Flat At 824 Woodlands Street 81 — From S$540K