Type

Units

Min Area

Price Range

2 BR

1033 sqft

S$1.9M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$1.9M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$370K on this acquisition.
Located 19 min (1.54 km) from CR16 Maju MRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

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

Allsworth Park: A Residential Haven on Holland Road

Allsworth Park stands as an established residential development situated at 365 Holland Road, a location that has long attracted homebuyers and investors seeking stability and connectivity within Singapore's residential landscape. The development occupies a strategic position within a mature, tree-lined neighbourhood characterised by leafy surroundings and established community infrastructure. This particular address benefits from its proximity to local schools, shopping amenities, and dining establishments that have developed over decades in the Holland Road corridor.

The project comprises a diverse range of unit configurations, with individual residences ranging around 1,033 square feet in size. This dimensional profile suits upgraders transitioning from compact city apartments, young families establishing their first family home, and investors pursuing rental income from the broader residential market. The unit variety available across the development ensures that prospective purchasers can identify floor plates and configurations aligned with their specific lifestyle requirements and investment objectives.

Location Highlights and Transport Accessibility

Situated at a distance of approximately 1.54 kilometres from Maju MRT Station (CR16), Allsworth Park benefits from reasonable proximity to the Circle Line network. This walkable distance—roughly a 19-minute commute on foot—places the development within the secondary ring of the MRT system, offering residents direct access to the city centre via a straightforward single-line journey. The Circle Line connection facilitates seamless transitions to employment hubs in the CBD, tertiary institutions, and major transport interchanges across the island.

The location further benefits from its position along Holland Road, a major arterial route served by multiple bus services that link the neighbourhood to broader island destinations. This multi-modal transport advantage has historically supported both rental demand and owner-occupier appeal across residential developments in the vicinity. The 19-minute walking distance to Maju MRT represents an intermediate accessibility profile—neither ultra-prime nor deeply peripheral—making the development suitable for commuters who value a quiet residential setting without complete car dependency.

Development Profile and Market Positioning

As an established condominium project, Allsworth Park has established its reputation within the residential market over its operational history. The development's maturity brings advantages in terms of proven tenant profiles, documented rental yields, and transparent resale pricing data that prospective buyers can reference. Unlike new launches, which carry execution risk and uncertain demand patterns, an operational development such as Allsworth Park offers immediate clarity regarding community dynamics, maintenance standards, and real-world rental performance.

The price positioning of units across the development reflects the location's balanced profile. Whilst not located in a prime shopping belt or directly atop an MRT interchange, the Holland Road precinct commands respect within Singapore's residential hierarchy due to its combination of transport accessibility, established social infrastructure, and stable property appreciation patterns. The development appeals particularly to the broad middle market of owner-occupiers and medium-scale residential investors rather than speculative flippers or ultra-high-net-worth purchasers seeking trophy assets.

Unit Configurations and Space Considerations

Residences at Allsworth Park cluster around the 1,033 square feet benchmark, a size dimension that maximises liveable area without extending into the sprawling luxury bracket. This footprint comfortably accommodates two-bedroom, one-bathroom configurations with scope for genuine living spaces, workstations, and functional kitchens—an important consideration for professionals working from home and families balancing multiple activities within shared quarters. The size also maintains efficient service cores and manageable utility costs, appealing to budget-conscious purchasers optimising for long-term ownership economics.

The development's unit mix likely includes variations around this base specification, offering flexibility across floor levels and stacks. Higher-floor residences typically command premiums reflecting enhanced natural light, reduced noise transmission from lower levels, and psychological appreciation of elevated vantage points. Lower and mid-level units often appeal to purchasing investors prioritising yield over prestige, as the rental market for such configurations tends to favour convenience and affordability over panoramic views.

Investment Considerations and Rental Market Dynamics

For investors evaluating Allsworth Park as an income-generating asset, the proximity to Maju MRT and the development's location within an established residential neighbourhood support consistent tenant demand. The 1,033 square feet size point sits within the optimal range for young professionals, newly married couples, and expatriate tenants seeking furnished or semi-furnished accommodation on medium-to-long-term leases. This demographic cohort has demonstrated resilience across economic cycles, maintaining rental demand even during periods of broader market softness.

The development's maturity further enables prospective investors to access historical rental yield data and comparable transaction records from the Singapore property information ecosystem. This transparency supports informed investment decision-making, distinguishing Allsworth Park from speculative new launches where rental performance remains theoretical rather than empirically validated. The Holland Road location, with its blend of residential quietude and transport accessibility, has historically attracted both upgraders and investors, suggesting a liquid secondary market with reasonable turnover velocity.

Market Comparatives and Competitive Position

Allsworth Park occupies a specific market niche defined by its location, size profile, and operational maturity. Other residential developments within the Holland Road vicinity and broader Maju MRT catchment area offer competing propositions, some emphasising newer construction, additional amenities, or marginal proximity advantages to the MRT network. However, the established nature of Allsworth Park, combined with documented pricing and rental performance, positions the development favourably for purchasers who prioritise certainty over novelty. The development's track record of resale transactions and rental placements provides a substantive foundation for comparative valuations and investment return projections.

Financing, Affordability, and Buyer Suitability

Prospective purchasers considering Allsworth Park should engage with their banking institutions to establish Total Debt Service Ratio (TDSR) headroom and financing capacity. At the development's price points, a typical residential mortgage loan would require 25% down payment, with the remaining 75% financed over a standard 30-year tenure. First-time purchasers qualify for genuine concessional treatment under HDB defaults and banking policies, making owner-occupier acquisition relatively accessible compared to investment scenarios. Upgraders transiting from executive apartments or HDB premises into the private residential market will find Allsworth Park's size and pricing alignment with conventional expectation patterns for intermediate-tier private properties.

For second-property buyers claiming investment intent, Additional Buyer's Stamp Duty at the rate of 20% applies to the purchase price, representing a material cost consideration beyond the standard Buyer's Stamp Duty and legal fees. This 20% ABSD effectively increases the all-in acquisition cost for investment-intent purchasers, and careful pro-forma analysis should incorporate this impost when evaluating target rental yields and breakeven periods. The development's established yield profile should be assessed net of this duty cost to establish realistic return expectations.

Frequently Asked Questions

What is the estimated gross rental yield for investment purchases at Allsworth Park?

Investment yield at Allsworth Park typically ranges between 3% and 4% gross annually, depending on prevailing market rents for two-bedroom units in the Holland Road corridor and broader Maju MRT catchment area. The development's 1,033 square feet size aligns with the optimal demand segment for professional tenants and young families, supporting consistent lease renewal rates and stable tenant profiles that warrant these yield expectations. However, investors should conduct specific due diligence on comparable recently-rented units at the development and nearby properties, engaging qualified property managers to validate forward-rental assumptions and account for vacancy periods, maintenance costs, and the aforementioned 20% Additional Buyer's Stamp Duty, which materially impacts net-of-duty return calculations.

How does Allsworth Park's per-square-foot pricing compare to recent market transactions nearby?

The per-square-foot pricing at Allsworth Park reflects the established nature of the development and its location within the Holland Road residential belt, typically benchmarking within the S$1,750 to S$1,950 per square foot range depending on floor height and unit configuration. Recent comparable transactions in the immediate vicinity and across the broader Maju MRT secondary catchment area provide the primary reference framework for evaluating whether current asking prices represent fair value or present arbitrage opportunities. Prospective purchasers should commission a professional valuation report or obtain a stamped property report from an accredited agent, which will contextualise Allsworth Park's asking prices against documented historical sales data, adjusting for floor-level premiums, aspect orientation, and maintenance conditions that materially influence buyer perception.

What is the Additional Buyer's Stamp Duty impact for second-home investors at Allsworth Park?

Singapore Citizen purchasers acquiring Allsworth Park as a second residential property are subject to Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, payable alongside standard Buyer's Stamp Duty and legal costs. For a unit priced at S$1,850,000, this 20% ABSD totals S$370,000 in additional duty, materially increasing all-in acquisition costs and directly reducing available capital for immediate renovations or financial reserves. This duty should be explicitly incorporated into investment pro-forma modelling, as it significantly affects breakeven timelines and targets net-of-duty yield rates, making careful analysis essential before committing to purchase.

What is the lease tenure at Allsworth Park and does lease decay pose a resale risk?

The lease tenure at Allsworth Park is crucial to clarify with the marketing agent or property information sources, as lease decay—the progressive reduction in property value as the remaining lease term shortens—represents a material consideration for long-term value preservation, particularly for owners planning to hold beyond the next 10-15 years. Should the development operate on a 99-year lease commenced at the time of original development, current remaining lease duration and the rate of annual decay will influence both purchaser perception and refinancing capacity with financial institutions. Properties with lease terms falling below 80 years typically experience accelerated valuation compression and reduced banker willingness to finance purchases, making lease tenure one of the most critical due-diligence items for any prospective buyer.

How does proximity to Maju MRT Station affect Allsworth Park's long-term capital appreciation?

The 1.54 kilometre distance to Maju MRT Station (CR16) positions Allsworth Park within the secondary accessibility ring—neither ultra-prime direct-overhead nor completely peripheral—historically generating moderate but consistent capital appreciation of approximately 2% to 3% annually in line with broader residential market cycles. The Circle Line connectivity provides strategic transport advantages that support professional tenant demand and owner-occupier appeal, anchoring baseline valuations and supporting resale velocity during normal market conditions. However, the development does not capture the extreme premiums commanded by properties positioned directly atop major interchange nodes, meaning appreciation upside is constrained relative to Orchard, Somerset, or Raffles Place-proximate developments, making Allsworth Park a conservative wealth-building vehicle rather than a speculative capital-gains bet.

Is Allsworth Park suitable for first-time private property buyers, upgraders, or investors?

Allsworth Park appeals across all three buyer categories but with different emphasis points and risk profiles. First-time private property purchasers benefit from the development's established track record, transparent pricing history, and reasonable entry-point cost relative to comparable newly-launched alternatives in neighbouring precincts, though they must navigate Initial Buyer's Stamp Duty and typical mortgage qualification requirements. Upgraders transitioning from HDB or smaller executive apartment holdings find the unit size and location provide meaningful lifestyle progression without extending into ultra-luxury price brackets, positioning Allsworth Park as a natural intermediate stepping stone within residential progression pathways. Residential investors appreciate the proven rental demand, documented tenant profiles, and historical yield performance, provided they carefully account for the 20% ABSD cost and engage rigorous pro-forma analysis before committing capital.

What TDSR headroom can first-time buyers and investors expect at Allsworth Park's price points?

First-time purchasers acquiring at Allsworth Park's typical price points would require combined household incomes of approximately S$75,000 to S$85,000 monthly to comfortably satisfy TDSR constraints (capped at 60% for first-timers) whilst maintaining prudent financial buffers for unexpected costs and economic volatility. Second-property investors face the additional complexity of existing housing loans being incorporated into aggregate TDSR calculations, potentially reducing available mortgage capacity and necessitating either larger down payments or co-borrower arrangements to unlock financing headroom. Banks typically apply more stringent serviceability assessments to investment properties compared to owner-occupied primary residences, and the 20% ABSD cost must be separately funded, requiring investors to maintain material liquid reserves beyond minimum down payment thresholds.

What competing developments exist near Allsworth Park and how do they compare?

The Holland Road residential corridor and broader Maju MRT catchment area host several competing residential developments, including established projects and newer launches, each with distinct positioning, amenity profiles, and pricing strategies. Some newer-launch competitors may feature contemporary facilities, modern design standards, and aggressive launch pricing that temporarily undercuts established projects like Allsworth Park, though execution risk and uncertain tenant demand patterns offset those headline advantages. Conversely, Allsworth Park's established operational track record, proven yield performance, and transparent secondary market pricing provide comparative advantages in certainty and risk reduction, particularly for investors and risk-averse owner-occupiers who prioritise validation of assumptions over speculative exposure to new-development volatility.

Which unit stacks and floor levels offer optimal value at Allsworth Park?

Mid-level units (typically floors 5-15 in moderate-rise configurations) at Allsworth Park tend to offer excellent value balance, capturing meaningful natural light and noise insulation benefits relative to ground or lower-level units whilst avoiding the premium pricing commanded by high-floor units (floors 18+) where per-square-foot asking prices can escalate 8-12% despite marginal functional differences. Lower-level units appeal particularly to rental investors prioritising yield optimisation, as the rental market for such configurations demonstrates relatively inelastic demand from tenants prioritising affordability and convenience over prestige, enabling investors to capture comparable rental returns with reduced capital deployment. Prospective purchasers should review specific unit layouts and aspect orientation across floor levels, as a favourably-positioned mid-level unit facing gardens or water features may deliver superior long-term satisfaction and resale appeal compared to a high-floor unit with sub-optimal aspect or overlooking heavy traffic arteries.

What is the future supply pipeline in the wider district and could it dilute Allsworth Park's value?

The Holland Road and Maju MRT catchment district faces moderate future supply risk, with several residential projects in the planning and early-development phases that could introduce meaningful new competitor inventory within the next 3-5 years, potentially moderating price appreciation momentum and creating margin compression for current buyers. Prospective purchasers should investigate the URA Master Plan and recent tender announcements to understand future development intensity in the immediate and secondary catchment areas, as oversupply scenarios have historically resulted in yield compression and extended vacancy periods for investors. However, the strong underlying demand from professional cohorts attracted to the MRT connectivity and established neighbourhood character provides a foundational demand baseline that has historically absorbed incremental supply, suggesting that whilst new competition will emerge, it is unlikely to completely neutralise Allsworth Park's value proposition provided the development maintains reasonable maintenance standards and competitive pricing.

Allsworth Park Condominium — From S$1.9M