Type

Units

Min Area

Price Range

2 BR

732 sqft

S$780K – S$929K

Property Highlights

HDB development with 3 units currently available.
Prices currently range from S$780K to S$929K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$156K on this acquisition.
Located 6 min (470 m) from NE11 Woodleigh 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.

113B Alkaff Crescent: Mature HDB Living in Woodleigh

113B Alkaff Crescent represents a compelling opportunity within Singapore's established Housing and Development Board (HDB) portfolio, situated in the heart of the Woodleigh precinct. This mature residential cluster has long been favoured by Singaporeans seeking stability, affordability, and proximity to essential services. The development sits within one of the island's most sought-after non-landed neighbourhoods, where multi-generational families have established roots and built thriving communities over decades.

The location along Alkaff Crescent positions residents within a six-minute walk—approximately 470 metres—to Woodleigh MRT Station on the North-East Line (NE11). This proximity to the MRT network represents a significant quality-of-life advantage, enabling swift connections to the central business district, hospitals, universities, and major employment hubs across Singapore. The reliability of the North-East Line, coupled with frequent train services, ensures that commuters enjoy consistent travel times and reduced dependency on personal vehicles.

Neighbourhood Character and Local Amenities

Woodleigh has evolved into a comprehensive residential ecosystem where daily conveniences are never far away. The surrounding area hosts a diverse mix of hawker centres, wet markets, supermarkets, and dining establishments that cater to the tastes and budgetary preferences of a broad demographic. Families with children benefit from the proximity of well-regarded primary and secondary schools, whilst residents of all ages enjoy access to community centres, parks, and recreational facilities that encourage active, healthy living.

The maturity of the Woodleigh precinct also means that infrastructure is established and stable. Roads are well-maintained, utility connections are reliable, and public amenities such as community centres and playgrounds have been integrated thoughtfully into the urban fabric. This level of development stability often translates into more predictable property appreciation and strong tenant demand for investors considering the rental market.

Housing Specifications and Unit Configurations

Units at 113B Alkaff Crescent are configured to meet the needs of contemporary Singapore households. The development includes two-bedroom, two-bathroom configurations spanning approximately 732 square feet, which represents an efficient use of space typical of HDB design standards. These layouts provide adequate room for couples, small families, and co-living arrangements, whilst maintaining the compact footprint that keeps monthly utility and maintenance costs manageable.

The two-bathroom design is a practical feature that accommodates household routines smoothly, particularly valuable in households where multiple members follow staggered schedules. Interior finishes reflect HDB standards, and units benefit from natural light and cross-ventilation typical of thoughtfully planned flat designs. Buyers can expect straightforward, durable construction that has stood the test of time within the HDB portfolio.

Pricing and Market Positioning

Available units at 113B Alkaff Crescent commence from S$928,888, positioning the development within the accessible range for first-time homebuyers, upgraders transitioning from smaller units, and investors seeking HDB assets with established rental histories. This price point reflects the maturity of the location and the solid fundamentals of Woodleigh as a residential destination. Compared to newer launch projects or developments in premium districts, the value proposition here emphasises affordability without sacrificing neighbourhood quality or transport connectivity.

The pricing structure reflects realistic market conditions in a mature HDB estate where supply is constrained by the finite number of units available through resale channels. Buyers should anticipate competitive bidding in the current market environment, particularly for units in higher floors or with preferred orientations. Engaging a qualified property agent familiar with Woodleigh transactions can prove invaluable in navigating negotiation strategies and timing considerations.

Buyer Suitability and Investment Potential

First-time homebuyers represent a natural fit for 113B Alkaff Crescent, as the HDB resale framework offers transparent financing terms through HDB loans or bank mortgages, with loan-to-value ratios typically reaching 80% for eligible applicants. The affordable entry price combined with established neighbourhood credentials makes this development an intelligent starting point for Singaporeans building their property portfolios. Monthly payments remain manageable relative to household incomes, preserving financial flexibility for other life objectives.

Upgraders moving from smaller units or different locations will appreciate the additional space and mature amenities landscape without stretching budgets excessively. Investors viewing HDB resale flats as rental assets may find 113B Alkaff Crescent attractive, given the consistent tenant demand in Woodleigh driven by the MRT proximity and established community facilities. Rental yields on HDB flats in mature estates typically range from 2 to 3% net per annum, though individual outcomes depend on specific unit configurations, lease lengths negotiated with tenants, and prevailing market rental rates in the Woodleigh sector.

Transport and Accessibility

The North-East Line connection via Woodleigh MRT Station fundamentally shapes the appeal and functionality of 113B Alkaff Crescent for working professionals and students. The MRT line extends northeastward to Serangoon, Sengkang, and Punggol, whilst southwesterly services reach Dhoby Ghaut, where connections to the Circle Line and Downtown Line open further network possibilities. This multi-modal connectivity ensures that residents can reach most Singapore locations within 45 minutes using public transport, making car ownership optional rather than essential for many households.

The walkable distance to Woodleigh MRT Station—roughly a ten-minute stroll—means that residents enjoy genuine convenience rather than merely theoretical proximity. This accessibility often correlates with stronger capital appreciation over multi-year holding periods, as property values in walkable, transit-rich locations tend to outpace those requiring vehicles for routine access to employment, education, and services.

Lease Considerations and Long-Term Viability

HDB flats operate under standardised lease frameworks determined at the point of initial purchase from the Housing Development Board. Most HDB units in active resale markets, including those in Woodleigh, carry 99-year leases from original purchase date, though some older stock may have commenced with 60-year or 75-year terms. Buyers should verify the remaining lease period for any unit under consideration, as this impacts future resale potential, financing eligibility, and the total occupancy timeline available to the owner.

Lease decay—the gradual reduction in remaining lease duration—does influence resale values, particularly as properties approach the thirty-year mark remaining. However, HDB policy and market practice have historically supported these properties through lease renewal programmes and market mechanisms that account for lease length in pricing. Prudent buyers recognise that purchasing an HDB unit in a mature estate represents a long-term residential choice rather than a speculative short-term trade.

Financing and Loan Eligibility

Prospective buyers at 113B Alkaff Crescent should be aware that HDB resale purchases qualify for HDB housing loans, which typically offer competitive interest rates and flexible terms. Alternatively, bank mortgages are available through most major financial institutions. Loan-to-value ratios generally reach 80% for resident owner-occupiers and may be lower for investor-purchasers or non-residents. Monthly instalments, calculated over standard tenures of twenty to twenty-five years, typically remain proportionate to household incomes within the target buyer demographic.

Total Debt Service Ratio (TDSR) limits, currently set at 60% of gross monthly income by most lenders, mean that buyers with combined household incomes above S$4,500 to S$5,500 will generally qualify for mortgage amounts sufficient to cover units in this price range with minimal cash top-up required. First-time buyers may also benefit from HDB grants or CPF Housing Grants, depending on household income and composition, further improving affordability.

Comparative Market Positioning

The Woodleigh vicinity includes several other established HDB precincts and adjacent private residential pockets, each offering distinct advantages. Compared to newer HDB developments in more distant new towns such as Punggol or Sengkang, 113B Alkaff Crescent offers established infrastructure, mature neighbourhoods, and proven transport connectivity. Relative to private residential alternatives in proximity areas such as Serangoon Gardens or Balestier, HDB units in Woodleigh deliver substantially greater affordability whilst sacrificing some privacy and exclusivity considerations. For buyers prioritising value and accessibility, 113B Alkaff Crescent positions favourably against these alternatives.

Supply dynamics in the Woodleigh area are constrained by the fixed HDB stock and limited new releases, supporting market stability and minimising risks of oversupply that periodically affect newer launch estates. This scarcity underpins consistent demand and relatively stable long-term value trajectories compared to developments in growth corridors subject to new supply pressures.

Future Outlook and District Development

The broader Woodleigh-Serangoon district benefits from established infrastructure investment and planning frameworks that support continued viability. Government initiatives promoting transit-oriented development and neighbourhood renewal in mature estates suggest that Woodleigh will maintain its residential quality and amenity standards over the coming decade. Proposed improvements to transport networks, retail precincts, and community facilities may further enhance the appeal of properties in this location, though such enhancements typically unfold gradually in mature estates rather than generating sudden appreciation spikes.

Long-term property market fundamentals favour stable, mature neighbourhoods with strong transport connections and established community ecosystems, characteristics which 113B Alkaff Crescent embodies. Buyers should approach this development as a long-term residential investment with secondary consideration toward capital gains, rather than as a speculative trading opportunity.

Frequently Asked Questions

What is the realistic rental yield if I purchase a unit at 113B Alkaff Crescent as an investment property?

HDB resale flats in mature estates like Woodleigh typically generate net rental yields between 2 and 3 percent per annum, depending on unit configuration, lease length, and prevailing local market rental rates. At the S$928,888 entry price point, monthly rental income would likely fall between S$1,550 and S$2,350, assuming units attract tenants seeking affordable, well-located HDB accommodation in a neighbourhood with established amenities and MRT proximity. Yields vary based on individual unit specifications—larger units or those in higher floors may command marginally higher rents—but HDB flats are generally regarded as stable, lower-yield assets compared to private residential alternatives, appealing to conservative investors prioritising capital preservation and steady income over maximum returns.

How does the price per square foot at 113B Alkaff Crescent compare to other HDB resale transactions in Woodleigh?

The entry price of S$928,888 for approximately 732 square feet equates to roughly S$1,269 per square foot, which positions units within the mid-range for Woodleigh HDB resale flats in the current market. Comparable transactions in the immediate vicinity typically range from S$1,200 to S$1,350 per square foot depending on remaining lease length, floor level, facing direction, and interior condition. Newer or higher-floor units within 113B Alkaff Crescent may achieve values toward the upper end of this range, whilst units requiring renovation or situated on lower floors may negotiate toward the lower boundary. Buyers should request recent comparable sales data from their agent to confirm positioning within the local market and identify opportunities for negotiation.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I am a Singapore Citizen purchasing a second property at 113B Alkaff Crescent?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty at a rate of 20% on the purchase price, calculated on top of standard Buyer's Stamp Duty rates. On a purchase price of S$928,888, the ABSD liability would total approximately S$185,778, increasing total acquisition costs substantially and reducing effective purchasing power. This significant tax burden is a critical consideration for investors or buyers upgrading from existing properties and should be factored into financial planning and mortgage stress-testing before committing to an offer. Some buyers explore strategies such as timing purchases relative to property sales cycles or structuring acquisitions through corporate vehicles, though these approaches carry legal and tax complexities warranting professional advice.

What lease decay risk should I consider, and how will remaining lease length affect resale value in future decades?

Most HDB units in Woodleigh were sold with 99-year leases, meaning properties today carry approximately 70 to 80 years of remaining tenure depending on original purchase year. Lease decay becomes a material consideration once remaining lease drops below thirty years, at which point resale values may compress as financing becomes constrained and buyer pools narrow. However, HDB has historically supported market function through lease renewal programmes and policy frameworks that mitigate cliff effects, and the Singapore government actively maintains HDB resale market vitality. Buyers should verify the exact remaining lease for any unit, understand implications for their personal holding timeline, and recognise that purchasing in a mature estate is fundamentally a long-term residential choice rather than a speculative trade, with lease decay representing a manageable, gradual factor rather than a sudden value cliff.

How does proximity to Woodleigh MRT Station (NE11) influence property demand and long-term capital appreciation potential?

Properties within walking distance of MRT stations consistently outperform those requiring vehicle or long bus commutes in terms of long-term capital appreciation and rental demand. The six-minute walk to Woodleigh MRT Station (470 metres) places 113B Alkaff Crescent squarely within the premium accessibility tier, particularly valuable for young professionals, students, and families without vehicles or preferring transit-oriented lifestyles. Historically, HDB flats in transit-rich locations have appreciated at rates 0.5 to 1 percent annually above the broader HDB average, translating to meaningful cumulative gains over fifteen to twenty-year holding periods. This MRT proximity also underpins consistent tenant demand for investor-owners, as renters actively seek properties minimising commute times and transportation costs.

Which buyer profile—first-timer, upgrader, HNW investor, or owner-occupier—is best suited to 113B Alkaff Crescent?

First-time homebuyers represent the most natural demographic for 113B Alkaff Crescent, as the entry price, mature neighbourhood stability, and established MRT connectivity align with objectives of securing affordable, durable owner-occupied housing in a proven residential location. Upgraders transitioning from smaller or more distant HDB units will appreciate the additional space and superior transport access without excessively stretching budgets. HNW investors may view HDB resale flats as portfolio stabilisers rather than primary return generators, appreciating the capital preservation and steady rental income in a regulated, government-backed market. Owner-occupiers seeking retirement-stage downsizing or multi-generational family living will benefit from the mature neighbourhood amenities, established community infrastructure, and modest maintenance obligations inherent to HDB living.

What TDSR headroom and mortgage financing capacity should I expect at typical 113B Alkaff Crescent price points?

At the S$928,888 entry price with standard 80% loan-to-value (LTV) financing, the requisite mortgage amount is approximately S$743,110, generating monthly instalments of roughly S$3,300 to S$3,700 over a twenty-year tenure at prevailing interest rates of 3.5 to 4 percent. Most major lenders apply a Total Debt Service Ratio (TDSR) ceiling of 60% gross monthly household income, meaning buyers require combined household income around S$5,500 to S$6,200 to comfortably qualify without constraint. First-time HDB buyers with CPF Housing Grants may reduce required cash down-payment, enhancing financing accessibility for eligible income tiers. Buyers should obtain mortgage pre-qualification from their preferred lender before committing to an offer, as individual lending criteria, income documentation requirements, and existing debt obligations vary between financial institutions.

How does 113B Alkaff Crescent compare to competing HDB developments in nearby Serangoon or newer projects in Punggol or Sengkang?

Woodleigh-area properties like 113B Alkaff Crescent compete favourably against nearby Serangoon HDB flats in terms of MRT proximity and established amenity infrastructure, though Serangoon units may command modest premiums due to reputation and perceived exclusivity. Compared to newer HDB launches in distant new towns such as Punggol or Sengkang, 113B Alkaff Crescent trades affordability for proximity—Punggol and Sengkang projects typically price lower due to greater distance from central employment hubs, longer MRT commutes, and less-established neighbourhood character, though they offer modern finishes and contemporary design. For buyers prioritising accessibility and proven neighbourhood credentials over architectural novelty, 113B Alkaff Crescent delivers superior long-term value; those willing to sacrifice commute convenience for lowest absolute purchase price may find newer towns more compelling.

Which unit stack, floor level, or orientation typically offers the best value at 113B Alkaff Crescent?

Mid-to-upper floor units (levels 8 through 14) in the building typically offer optimal value-to-price ratios, commanding modest premiums over lower floors without approaching the peak prices of topmost storeys where corner and high-rise premiums compress value appreciation potential relative to base price. Units facing east or north generally attract price premiums of 3 to 5 percent compared to south or west-facing alternatives, as these orientations avoid afternoon heat and glare in Singapore's tropical climate—however, south-facing units appeal to buyers preferring afternoon natural light and may attract tenants with different preferences. Corner units command consistent 5 to 8 percent premiums due to cross-ventilation and dual windows, though this benefit is muted in flat buildings with mechanical cooling. Savvy buyers identifying adequately maintained units on mid-floors with acceptable orientations, perhaps with minor cosmetic improvements required, often achieve better value than competing for premium-position units at elevated multiples.

What is the future supply pipeline in the Woodleigh-Serangoon district, and could new HDB projects threaten values at 113B Alkaff Crescent?

The Woodleigh-Serangoon district has reached development maturity, with limited available land parcels remaining available for large-scale HDB new launches; most future supply is expected to concentrate in more distant new towns such as Tengah, Punggol, and northern Singapore corridors. This constrained supply landscape supports stable long-term demand for mature-estate properties like those at 113B Alkaff Crescent, minimising risks of oversupply erosion that periodically affects newer launch precincts. Government planning frameworks suggest Woodleigh will receive incremental neighbourhood renewal, retail upgrades, and transport enhancements rather than wholesale redevelopment, supporting stability in property values and amenity standards. Buyers should monitor HDB's official project pipeline announcements through official channels, but the historical pattern suggests that mature estates in well-established, transport-rich locations experience gradual, stable appreciation driven by supply scarcity and consistent demand rather than dramatic swings associated with new neighbourhood launches.

[For Sale] Hdb Flat At 113B Alkaff Crescent — From S$780K