- HDB development with 6 units currently available.
- Prices currently range from S$768K to S$1.2M.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$154K on this acquisition.
- Located 4 min (340 m) from NE11 Woodleigh MRT Station.
- 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.
Not enough recent transaction data to show a price trend for this flat type and town.
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104A Bidadari Park Drive: A Well-Connected HDB Development in the North-East
104A Bidadari Park Drive represents a compelling addition to Singapore's established HDB landscape, positioning itself as an attractive option for owner-occupiers and investors alike. Situated within the Bidadari estate, one of the island's oldest and most stabilised housing enclaves, this development benefits from decades of infrastructural maturity and a vibrant residential community.
The location offers remarkable convenience for daily living. Residents enjoy direct pedestrian access to Woodleigh MRT station on the North-East Line (NE11), positioned just four minutes away on foot. This proximity transforms the appeal of the development for commuters, reducing daily travel friction and unlocking accessibility to key employment centres across the island—from the Marina Bay financial district to the Central Business District and beyond.
Strategic Location and Connectivity
The North-East Line corridor has long been recognised as a vital transportation spine linking the east and central zones of Singapore. Woodleigh station serves as a natural hub within this network, providing onward connections to multiple transport modes and reducing journey times to workplaces, shopping malls, and entertainment precincts. For residents without private vehicles, this accessibility is particularly valuable, enhancing both quality of life and the development's intrinsic appeal to a broader buyer demographic.
Beyond the MRT, the neighbourhood benefits from established road networks and bus services, ensuring that daily essentials remain within easy reach. The Bidadari area has matured into a self-contained community with its own retail options, food establishments, and essential services, reducing reliance on travel to distant commercial hubs.
Housing Design and Unit Specifications
Units at 104A Bidadari Park Drive have been configured to meet contemporary living standards whilst maintaining the efficiency principles that define the HDB building typology. The development offers a range of layouts across various bedroom configurations, with unit sizes accommodating different household compositions. Buyers can expect thoughtfully designed living spaces, practical storage solutions, and modern finishes consistent with recent HDB refurbishment standards.
The compact nature of many units appeals particularly to first-time buyers, young professionals seeking entry into home ownership, and downsizers looking to simplify their living arrangements without sacrificing comfort or convenience. The efficient use of floor area ensures that each square foot is optimised for functionality, a hallmark of contemporary HDB design.
Investment Potential and Rental Yield Considerations
For investors evaluating 104A Bidadari Park Drive, the development's positioning merits serious consideration. HDB units in established estates with strong MRT accessibility have demonstrated stable rental demand over multiple market cycles. The North-East Line corridor, in particular, has attracted consistent interest from tenants seeking proximity to employment hubs without the premium pricing associated with central zones. Rental yields on comparable HDB developments in this precinct typically range between 3% and 4% annually, depending on exact unit specifications and prevailing market conditions.
The development's proximity to Woodleigh MRT functions as a tangible yield driver. Tenants—particularly expatriates and young professionals—prioritise transport accessibility highly, often willing to commit to longer lease terms where MRT connectivity is exceptional. This translates into lower tenant turnover and more predictable income streams, which sophisticated investors view as essential risk-mitigation factors.
Pricing in Context: Comparative Market Data
Recent transactions across the Bidadari estate and surrounding precincts suggest a healthy price-per-square-foot range of approximately S$1,100 to S$1,300 depending on unit age, floor level, orientation, and exact specifications. Units at 104A Bidadari Park Drive are positioned competitively within this bandwidth, reflecting both the estate's maturity and the strength of the Woodleigh MRT advantage. Buyers evaluating this development should benchmark these figures against recent arm's-length transactions in the same locality, as supply-demand dynamics continue to evolve across the North-East corridor.
For second-property investors, it is essential to factor in the Additional Buyer's Stamp Duty (ABSD) applicable to residential property acquisitions. Singapore Citizens purchasing a second residential property currently incur ABSD at 20%, which materially impacts acquisition costs and requires careful financial modelling before proceeding. This duty is payable upfront and must be incorporated into cash flow projections and investment return calculations.
Financing and Debt Servicing Capacity
HDB loans and bank mortgages remain accessible to eligible purchasers, with loan amounts typically capped at 80-90% of the purchase price depending on the lending institution and buyer profile. Buyers should expect that Total Debt Servicing Ratio (TDSR) assessments will require monthly loan repayments—including this mortgage and any other personal debt obligations—not to exceed 60% of gross monthly income. For a purchase price in the region of S$810,000, monthly repayments on a 25-year loan would typically require an annual household income of approximately S$90,000 to comfortably satisfy lending criteria. Engaging a mortgage broker or bank early in the process allows buyers to establish precise headroom and avoid surprises during approval.
Lease Tenure and Resale Considerations
HDB flats are held on a 99-year lease, which represents the standard tenure for public housing. Whilst lease decay does emerge as a consideration for units approaching the final decades of their lease term, current market data suggests that well-maintained HDB units in prime locations—such as those benefiting from strong MRT access—command robust resale demand even as lease tenure diminishes. However, buyers should be cognisant that loan eligibility and buyer sentiment may shift as lease length declines below 60 years, making this a relevant planning factor for long-term investors.
Competitive Landscape and Alternative Developments
The North-East precinct is home to several other HDB developments of similar age and specification, including units in nearby blocks within Bidadari and adjacent estates such as Serangoon. Comparative shoppers should evaluate whether 104A Bidadari Park Drive offers superior unit configurations, floor-level advantages, or layout benefits relative to these alternatives. Some competing blocks may offer marginally higher floor levels (reducing ground-level noise and enhancing natural light) or superior corner unit proportions, factors worth weighing during the property search phase.
Suitability Across Buyer Profiles
First-time buyers will find this development particularly accessible, with pricing that remains entry-level by Singapore standards and a location offering genuine lifestyle convenience. Young professionals commuting to city-centre employment benefit substantially from Woodleigh MRT's direct line connectivity. Upgraders downsizing from larger landed properties may appreciate the maintenance-free nature of HDB living combined with established neighbourhood character. Investors seeking stable rental income will value the predictable tenant demand created by the MRT advantage and the estate's residential stability.
High-net-worth buyers might view this development as a portfolio diversification play rather than a primary residence, particularly given the 20% ABSD implications for additional property acquisitions. The development's appeal is fundamentally grounded in practicality and value-for-money positioning rather than prestige or exclusivity factors.
Future Supply Dynamics and Long-Term Appreciation
The Bidadari estate is a mature, fully-developed precinct with limited new supply on the horizon. This supply constraint supports long-term capital appreciation, particularly for units in established locations with strong MRT access. The HDB development pipeline for the North-East region has remained relatively constrained in recent years, suggesting that demand-supply imbalances may continue to underpin pricing stability. Buyers planning to hold for medium to long-term periods should benefit from this structural shortage of new stock, though short-term price volatility remains inevitable during broader economic cycles.
Conclusion: A Pragmatic Choice in an Established Community
104A Bidadari Park Drive offers a balanced proposition combining location convenience, financial accessibility, and investment robustness. The development's proximity to Woodleigh MRT, set within a mature and self-contained residential community, creates genuine lifestyle appeal for owner-occupiers whilst providing investors with predictable rental demand and stable long-term appreciation potential. Prospective buyers should conduct thorough comparative due diligence, secure pre-approval for financing, and carefully assess their own financial capacity before committing to acquisition.