Type

Units

Min Area

Price Range

2 BR

732 sqft

S$768K – S$860K

3 BR

1001 sqft

S$1.1M – S$1.2M

Property Highlights

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.

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.

104A Bidadari Park Drive: A Mature HDB Development Near Woodleigh MRT

104A Bidadari Park Drive stands as an established residential development within Singapore's Bidadari planning area, positioned in one of the island's most accessible neighbourhoods. The development's proximity to Woodleigh MRT Station (NE11) places it a mere four minutes on foot from the station entrance, transforming the commute experience for residents who rely on public transport. This strategic positioning has made the development attractive to both owner-occupiers and investors seeking a balance between urban convenience and the community character of a mature estate.

The development presents a range of two-bedroom units, with current asking prices in the region of S$860,000. Each flat typically spans approximately 732 square feet, a configuration that appeals to young professionals, small families, and investors purchasing for rental yields. The layout and sizing reflect the contemporary standards expected in Singapore's HDB market, where space efficiency and functional design are paramount. Properties at this price point and size represent accessible entry into homeownership for first-time buyers while offering straightforward rental management for investment-focused purchasers.

Location and Transport Connectivity

The proximity to Woodleigh MRT Station is perhaps the most significant asset of 104A Bidadari Park Drive. Located on the North-East Line, Woodleigh offers direct connectivity to the city centre, major employment hubs, and shopping districts across Singapore. The four-minute walk—approximately 340 metres—means that residents enjoy car-free commuting without the length and expense of longer journeys on foot. This accessibility has historically strengthened demand for properties near the station and supports both capital appreciation and rental appeal over the medium to long term.

Beyond the MRT, the Bidadari estate itself benefits from several bus routes, offering alternative transport options and enhancing overall connectivity. The development's location in the eastern sector of Singapore positions residents conveniently for access to schools, medical facilities, and shopping centres throughout the North-East region. For those commuting to areas beyond the MRT network, the distance to major expressways ensures that driving remains a practical option despite the transport-rich environment.

Investment and Rental Potential

Properties in the Woodleigh vicinity have demonstrated consistent rental demand, driven by the MRT proximity and the relatively affordable entry price point compared to similar-sized units in central locations. Two-bedroom HDB flats at 104A Bidadari Park Drive are frequently let to young professionals, expatriate families, and small households seeking value without sacrificing convenience. Estimated rental yields for units in this development typically range from 3% to 4% gross, depending on the specific unit configuration and market conditions at the time of letting. Investors should note that HDB rental regulations apply, including the requirement for owner-occupancy in the first five years and the HDB's approval process for rental tenancies.

The established nature of the Bidadari estate provides stability that appeals to long-term investors. Unlike newer developments that may experience rapid supply influx, mature estates tend to show more predictable rental and capital growth patterns. The consistent demand from both owner-occupiers upgrading from smaller units and investors seeking yield-focused properties creates a resilient market dynamic that has historically supported valuations.

Pricing and Value Comparison

At approximately S$860,000, units at 104A Bidadari Park Drive reflect a price point that sits in the mid-range for two-bedroom HDB flats in the Woodleigh area. Recent transactions in the vicinity have indicated price-per-square-foot figures ranging from S$1,100 to S$1,200 for comparable two-bedroom units, positioning 104A Bidadari Park Drive competitively within the local market. Properties benefiting from MRT proximity typically command a premium relative to less-accessible developments, and this pricing reflects that reality. First-time buyers and upgraders in this market segment should view the current pricing as reasonable when weighed against transport connectivity and the maturity of the surrounding neighbourhood.

Comparative analysis with nearby HDB developments shows that the Bidadari estate maintains strong pricing integrity. The combination of established infrastructure, mature amenities, and consistent demand from the North-East employment corridor means that properties here do not suffer the same depreciation risks associated with newer estates in peripheral locations. For investors comparing investment returns across multiple developments, the Woodleigh MRT advantage and the rental demand it generates often outweigh marginally lower prices offered in more distant locations.

Suitable Buyer Profiles

First-time buyers represent a significant cohort of purchasers at 104A Bidadari Park Drive. The development's affordability relative to private housing, combined with HDB financing assistance schemes and the accessibility of the Woodleigh MRT location, makes it an attractive entry point for couples and young families taking their first step into property ownership. The two-bedroom layout suits young households without children or those with one or two young dependents, and the mature estate setting offers schools, clinics, and family-friendly amenities without requiring extensive exploration of unfamiliar neighbourhoods.

Upgraders—owners of smaller one-bedroom or studio HDB units seeking additional space—form another core buyer group. The 732-square-foot footprint represents a meaningful upgrade in living space, and properties at this price point remain within reach for those trading up from older, smaller units. Additionally, investors purchasing for long-term rental income find the development's location and entry price compelling. The relative affordability and the predictable rental demand from the working-age demographic drawn to Woodleigh's connectivity create a sound investment case for those with moderate capital to deploy.

Financing and TDSR Considerations

For a property priced around S$860,000, a typical buyer using HDB housing loans would require a down payment of 25% (S$215,000), with the remaining balance financed over a 25-year loan term. At prevailing HDB loan rates, the monthly mortgage instalment would fall in the region of S$2,600 to S$2,700 before considering property tax and maintenance fees. Total Debt Service Ratio (TDSR) calculations would require the buyer's household income to exceed approximately S$6,500 monthly to remain within the 60% TDSR ceiling, a threshold that remains achievable for dual-income households or established professionals in Singapore's job market.

Additional Buyer's Stamp Duty (ABSD) applies to second and subsequent residential property purchases by Singapore Citizens. For a buyer purchasing 104A Bidadari Park Drive as a second residential property, ABSD at the current rate of 20% would be calculated on the purchase price, adding approximately S$172,000 to the total acquisition cost. This significant outlay should factor prominently in the investment decision for those considering a rental purchase, as it extends the breakeven period and reduces initial yield. Buyers should factor this cost into their financing headroom and ensure their mortgage serviceability remains robust after accounting for ABSD payment.

Lease Tenure and Long-Term Value

HDB properties at 104A Bidadari Park Drive are offered on a 99-year leasehold tenure, the standard lease granted by the Housing and Development Board since the 1960s. The lease decay phenomenon becomes relevant for HDB flats as they approach the final decades of their lease term, typically impacting valuations once a property falls below 60 years remaining. For a property with a full 99-year lease, the decay risk is negligible in the medium term (10–20 years), but buyers considering multi-decade investment horizons should be aware that lease decay will eventually constrain resale value in the latter half of this century. The current Market-Generated Average value (MGA) subsidised resale market provides some resilience against catastrophic value collapse, but leasehold properties do not appreciate indefinitely in the same manner as freehold or 999-year assets.

Future Supply and District Dynamics

The Bidadari area has undergone extensive rejuvenation, with the Bidadari Town Centre project introducing new residential, retail, and community spaces. This development has elevated the district's profile and attracted investment in amenities and transport. However, the pace of new HDB supply in the immediate Woodleigh vicinity has moderated compared to growth areas in the North-East, meaning that existing developments like 104A Bidadari Park Drive are unlikely to face excessive inventory competition in the near term. The Government's broader planning initiatives suggest continued investment in the North-East region's infrastructure, potentially supporting long-term capital appreciation for properties in established, well-connected locations.

For investors and owner-occupiers evaluating 104A Bidadari Park Drive, the combination of established infrastructure, MRT accessibility, proven rental demand, and moderate pricing creates a compelling investment thesis. Properties in this development offer a balanced pathway to homeownership or rental investment without the volatility of peripheral growth areas or the premium pricing of central locations. Whether pursuing owner-occupancy or investment, the Woodleigh MRT proximity and the mature estate setting provide the stability and convenience that define successful residential assets in Singapore's competitive market.

Frequently Asked Questions

What is the estimated rental yield for a two-bedroom unit at 104A Bidadari Park Drive purchased as an investment property?

Estimated gross rental yields for two-bedroom units at 104A Bidadari Park Drive typically range from 3% to 4%, depending on the specific floor level, unit orientation, and prevailing market rental rates. At a purchase price of approximately S$860,000, this translates to annual rental income of S$25,800 to S$34,400 before accounting for property tax, maintenance fees, and void periods between tenancies. The yield is supported by consistent demand from young professionals and small households attracted to the Woodleigh MRT location and the development's mature estate amenities. Investors should note that HDB regulations require a minimum five-year owner-occupancy period before the property can be rented, and rental tenancies must be approved by the Housing and Development Board.

How does the S$860,000 price point compare to recent price-per-square-foot transactions in the Woodleigh area?

Recent transactions for comparable two-bedroom HDB flats in the Woodleigh vicinity indicate price-per-square-foot figures ranging from approximately S$1,100 to S$1,200. For a 732-square-foot unit at 104A Bidadari Park Drive priced at S$860,000, the implied price per square foot is approximately S$1,175, positioning the development squarely within the current market range and reflecting fair value for its location and amenities. The Woodleigh MRT proximity typically commands a premium of 10% to 15% compared to less accessible HDB estates in the North-East region, and 104A Bidadari Park Drive reflects this premium appropriately. Properties without MRT access in the same district often trade at S$1,000 to S$1,050 per square foot, underscoring the value delivered by the four-minute walk to the station.

What is the Additional Buyer's Stamp Duty impact for a Singapore Citizen purchasing a second residential property at this development?

Singapore Citizens purchasing a second residential property are subject to Additional Buyer's Stamp Duty (ABSD) at a rate of 20% on the purchase price. For a property at 104A Bidadari Park Drive priced at S$860,000, this equates to an ABSD liability of S$172,000, significantly increasing the total acquisition cost alongside the standard Buyer's Stamp Duty and legal fees. This additional outlay must be factored into the investment decision and should be paid at the point of legal completion, extending the cash capital requirement and reducing the initial yield by approximately 0.5% to 0.7% when amortised over the investment holding period. Second-property buyers should ensure their financing structure and cash reserves accommodate this material cost to avoid mortgage serviceability issues.

What lease decay risks should a buyer be aware of, and how might this affect long-term resale value?

HDB properties at 104A Bidadari Park Drive are granted on a 99-year leasehold, placing the lease expiry in approximately 2120. Lease decay becomes a material valuation concern once a property falls below 60 years of remaining lease, at which point valuations typically decline by 1% to 2% annually as the residual lease continues to shorten. For the current lease holder, this decay effect is negligible for at least the next 40 years, presenting a stable investment horizon for owner-occupiers and medium-term investors. However, buyers with multi-decade horizons should be aware that the property will eventually become subject to lease decay dynamics, and unlike freehold properties or 999-year leases, the 99-year term does not appreciate indefinitely. The HDB's Market-Generated Average valuation system provides some support against catastrophic value collapse, but leasehold properties do not carry the same appreciating trajectory as freehold alternatives.

How does the proximity to Woodleigh MRT Station (NE11) influence capital appreciation and rental demand?

The four-minute walk (340 metres) to Woodleigh MRT Station (NE11) is the primary driver of capital appreciation and rental appeal for 104A Bidadari Park Drive. Historically, HDB properties within this distance of an operational MRT station command a 10% to 15% premium compared to similar units in non-MRT locations within the same district, reflecting the consistent demand from commuters and the reduced transport costs for residents. The North-East Line provides direct connectivity to employment hubs, shopping centres, and educational institutions across Singapore, making the location attractive to working-age demographics and young families who prioritise transport convenience. Long-term capital appreciation for properties at this development is supported by the enduring value of MRT proximity, which typically insulates properties from the depreciation cycles that affect less accessible HDB estates. Rental demand remains robust due to the same MRT accessibility, ensuring reliable tenant sourcing and competitive rental rates throughout market cycles.

What buyer profiles are best suited to 104A Bidadari Park Drive, and why?

First-time buyers represent a primary target cohort for this development, as the S$860,000 price point and the two-bedroom layout offer accessible entry into HDB ownership without overextending financing capacity or DTI ratios. The Woodleigh MRT location and mature estate infrastructure provide a stable, well-serviced living environment without requiring extended commute times or extensive relocation to unfamiliar areas, making it psychologically comfortable for first-time purchasers. Upgraders—existing HDB owners moving from smaller units to larger configurations—form a secondary but significant buyer group, as the 732-square-foot footprint provides meaningful additional space whilst remaining within reach of those trading up from one-bedroom units. Investors seeking rental yield without excessive leverage or geographical risk find 104A Bidadari Park Drive compelling, given the 3% to 4% gross yield, the mature estate's proven rental demand, and the lower volatility associated with established, well-connected locations compared to growth estates on the periphery. High-net-worth individuals typically favour private housing or newer, larger HDB developments, making them an insignificant buyer cohort for this asset class.

What are the TDSR implications and financing headroom at the typical price point of approximately S$860,000?

For a property priced at S$860,000 with a typical HDB mortgage of 75% loan-to-value (S$645,000) over a 25-year tenure at current HDB lending rates of approximately 2.6% per annum, the monthly mortgage instalment would be approximately S$2,650 before including property tax and conservancy charges. The Total Debt Service Ratio (TDSR) constraint limits total monthly debt service to 60% of gross household income, meaning a buyer would require a household monthly income of at least approximately S$4,420 to accommodate this mortgage alone, or S$6,500 to S$7,000 if other debts (car loans, personal loans, credit cards) are factored in. This threshold is achievable for dual-income professional households earning combined monthly income above S$7,000, as well as established single earners with professional incomes exceeding S$7,500 monthly. Buyers nearing the TDSR ceiling should consider a larger down payment (30% to 35%) to reduce the loan amount and ensure comfortable mortgage servicing, particularly given the additional ABSD liability for second-property purchases.

How do prices and amenities at 104A Bidadari Park Drive compare to competing HDB developments in the Woodleigh area?

104A Bidadari Park Drive sits within the Bidadari estate, competing directly with other HDB blocks in the same development and with nearby estates such as Juniper Hill and Woodleigh Park. Comparable two-bedroom units in these competing developments typically range from S$820,000 to S$900,000, positioning 104A Bidadari Park Drive within the mid-to-upper range of current market pricing. Properties further from the MRT (15 to 20 minutes' walk) typically command prices 8% to 12% lower, whilst newer or aesthetically refreshed estates with similar MRT proximity often command 3% to 5% premiums. The Bidadari Town Centre development has enhanced the wider estate's retail and community offerings, creating competitive parity with newer developments in terms of amenity access. For investors comparing developments, 104A Bidadari Park Drive's mature infrastructure, proven rental demand, and lack of significant new-supply competition in the immediate vicinity make it competitive relative to developments commanding similar or higher prices but located further from MRT access.

Are there specific unit stacks, floor levels, or orientations within the development that offer superior value or investment potential?

Within typical HDB developments, lower to mid-range floor levels (4th to 10th storey) generally offer the best value-to-price ratio, as they command 5% to 8% discounts compared to higher floors whilst enjoying the same amenities, finishes, and MRT accessibility. North-facing units tend to attract slightly lower prices due to reduced afternoon sun exposure, potentially offering value for price-sensitive buyers, though preferences vary by individual; east and west-facing units typically command modest premiums for extended daylight hours. Units on higher floors (15th storey and above) benefit from improved air quality, reduced street noise, and enhanced views, attracting premium pricing of 8% to 12% above lower-level equivalents, justified if the buyer prioritises these factors. For rental investment, mid-range floor levels offer the optimal balance: they remain attractive to tenants seeking natural light and view quality without the premium pricing of penthouses or top floors. The specific staircase, lift bank, or corner position may introduce micro-variations in value, but these are typically modest (2% to 3%) and merit individual assessment rather than broad generalisation.

What is the future supply pipeline in the Bidadari and North-East district, and how might this affect long-term values at 104A Bidadari Park Drive?

The Bidadari estate has undergone significant redevelopment with the Bidadari Town Centre project, introducing new retail, community, and residential spaces, but new HDB supply in the immediate Woodleigh vicinity has moderated considerably compared to earlier growth phases. Future HDB development plans for the North-East region indicate a shift towards peripheral growth areas further from the city centre, suggesting limited near-term supply competition for established, MRT-adjacent developments like 104A Bidadari Park Drive. The Government's broader housing strategy prioritises development in areas such as Bukit Merah, Yung Ho, and northern growth zones, reducing the likelihood of oversupply in the Woodleigh MRT catchment. This constrained supply pipeline, combined with enduring demand from the working-age demographic and ongoing investments in district amenities, typically supports stable-to-positive capital appreciation for properties in this location. Buyers should view 104A Bidadari Park Drive as a low-risk, supply-protected asset unlikely to face significant downward pricing pressure from new estate development in the foreseeable future.

[For Sale] Hdb Flat At Bidadari Park Drive — From S$768K