Type

Units

Min Area

Price Range

2 BR

904 sqft

S$1.5M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$1.5M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$300K on this acquisition.
Located 13 min (1.09 km) from DT5 Beauty World MRT Station.

Price Trends & Rental Yield

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Sherwood Condo: Contemporary Living in Jurong's Established Residential Heartland

Sherwood Condo stands as a sophisticated residential offering on Jalan Jurong Kechil, situated within one of Singapore's most vibrant and well-connected neighbourhoods. This condominium development represents an attractive opportunity for property buyers seeking a balance between accessibility, amenity richness, and measured capital growth in the Jurong district. The project's location places residents within a thriving residential ecosystem that has matured considerably over the past two decades, with strong infrastructure investment and consistent demand from both end-users and investors.

The development benefits significantly from its proximity to DT5 Beauty World MRT Station, located approximately 1.09 kilometres away—a straightforward 13-minute walk for most residents. This accessibility to the Downtown Line represents a material advantage for commuters heading towards the city centre, Marina Bay, or the emerging Bukit Timah and Ang Mo Kio corridors. The station also serves as a gateway to the broader MRT network, enabling efficient connections to employment hubs, educational institutions, and leisure destinations across Singapore. For property investors evaluating long-term rental demand, this MRT proximity typically supports stronger tenant acquisition and justifies competitive rental rates compared to developments further from mass transit.

Location and Neighbourhood Character

Jalan Jurong Kechil has established itself as a residential address of choice, characterised by a mature mix of private condominiums, terraced housing, and landed properties that appeal to upgraders and families seeking suburban comfort with urban convenience. The immediate vicinity encompasses a comprehensive range of everyday conveniences—supermarkets, dining establishments, medical clinics, and educational facilities are all within reasonable proximity. This neighbourhood maturity tends to support stable property valuations and attracts a diverse tenant base comprising young professionals, established families, and expatriate residents who value the area's cosmopolitan character alongside its relative tranquillity.

The Jurong precinct itself has undergone substantial urban transformation, with significant infrastructure investment in recent years. Major employers, technology parks, and commercial centres have expanded in the wider district, creating a robust economic foundation that underpins residential property demand. Additionally, the proximity to nature reserves and recreational facilities, including the nearby Jurong Lake District, provides lifestyle appeal that resonates with quality-conscious home seekers. This combination of modern employment opportunities and established residential infrastructure positions Sherwood Condo within a district characterised by enduring appeal across multiple buyer demographic segments.

Development Specifications and Unit Design

Sherwood Condo presents units across multiple configurations, with current availability ranging from more compact residences through to spacious two-bedroom offerings. Individual units showcase contemporary design principles, with unit sizes approaching and exceeding 900 square feet, providing generous living dimensions that accommodate modern family lifestyles and home-working arrangements. The square footage available within each unit type facilitates flexible internal layouts, permitting residents to customise spaces for personal preference or function—whether optimising for entertaining, creating dedicated workspace, or establishing distinct sleeping quarters.

Interior finishes reflect contemporary standards, with attention to practical durability and aesthetic coherence. Many units at this development present good natural light and ventilation, key attributes in tropical Singapore that meaningfully contribute to resident well-being and perceived value. The thoughtful spatial allocation ensures that residents benefit from both private retreating spaces and larger congregational areas suitable for family gathering or social entertaining. For investors evaluating rental potential, these design characteristics align with tenant preferences in the intermediate-to-premium market segment, supporting competitive rental positioning within the Jurong neighbourhood.

Investment Perspective and Rental Market Dynamics

Investors acquiring property within Sherwood Condo should consider the development's positioning within Jurong's rental landscape. The proximity to Beauty World MRT Station, coupled with the neighbourhood's established professional demographic, typically supports steady tenant demand. Rental yields within the Jurong corridor have historically demonstrated resilience, with the area's accessibility and amenity profile commanding respect from the rental tenant base. Units at this development price point generally attract tenants seeking a balance between affordability and quality, a demographic segment that has shown steady demand throughout economic cycles.

The configuration options available—ranging across different bedroom counts and unit sizes—provide investors with flexibility in targeting distinct tenant segments. Two-bedroom configurations, for instance, appeal to young couples, small families, and professional sharers seeking a suburban yet well-connected residential base. First-time buyers entering the investment space should note that property acquired as a second residential holding incurs Additional Buyer's Stamp Duty at 20% for Singapore Citizens—a material cost consideration that should factor into investment appraisal and expected returns modelling.

Capital Appreciation and Market Position

Sherwood Condo's position within the Jurong market reflects pricing that benchmarks competitively against comparable developments in the immediate vicinity. Current pricing from approximately S$1,500,000 represents an accessible entry point for owner-occupiers and investors seeking exposure to the Jurong residential market. Comparable transactions within the Jurong area have demonstrated per-square-foot valuations consistent with this development's positioning, suggesting realistic pricing aligned with current market sentiment. For property seekers evaluating value, examining recent comparable sales data across similar developments within a 500-metre radius provides useful context for assessing whether Sherwood Condo presents compelling value relative to alternatives.

The development's capital appreciation prospects are substantively tied to broader Jurong district evolution and MRT accessibility. Properties positioned within walking distance of major MRT stations have historically demonstrated greater resilience in valuation and more robust demand trajectories than those requiring vehicular or extended transit access. As Singapore's population continues to concentrate within established residential nodes well-served by public transport, Sherwood Condo's accessibility positioning should provide a meaningful tailwind for long-term capital preservation and measured appreciation. However, property buyers should acknowledge that residential price growth in mature suburban areas typically trails newer launch developments, reflecting the diminishing novelty premium and the established competitive supply base.

Financing Considerations and Affordability

For first-time property buyers targeting Sherwood Condo, the current price range generally permits financing arrangements through Singapore's domestic banking sector. Most institutions offer loan-to-value ratios of approximately 75-80% for condominium properties, implying downpayment requirements in the region of 20-25% of the purchase price. At typical price points within this development, downpayments would approximate S$300,000 to S$375,000, a consideration that first-time buyers must reconcile with existing financial capacity. Additionally, Total Debt Servicing Ratio (TDSR) calculations—where prospective mortgage obligations cannot exceed 60% of gross monthly income—mean that purchasers should target household incomes comfortably exceeding S$8,000 monthly to secure comfortable financing headroom at this development's price levels.

Prospective owner-occupiers should also factor in the cost of Additional Buyer's Stamp Duty if transitioning from an existing residential property, a consideration that materially impacts the total cost of acquisition. Stamp duty, legal fees, and agent commissions (if applicable) typically total an additional 3-5% of purchase price, a cost layer that should feature within comprehensive affordability modelling. Buyers upgrading from a first residential property into Sherwood Condo should anticipate the 20% ABSD impost as a second residential acquisition, requiring careful financial planning to ensure the total investment—downpayment plus duties and costs—aligns with personal financial capacity.

Suitability Across Buyer Profiles

Sherwood Condo appeals across multiple buyer demographic segments, each accessing distinct value propositions from the development. First-time buyers appreciate the established neighbourhood infrastructure, accessible MRT connectivity, and measured entry price point that permits homeownership without excessive financial overextension. The neighbourhood's family-friendly character, with schools and childcare facilities proximate to the development, resonates particularly with young families seeking their inaugural residential acquisition. Upgraders transitioning from smaller or more distant properties find that Sherwood Condo offers expanded living dimensions and superior transport access relative to older or peripheral alternatives.

Owner-occupier upgraders with established housing equity may particularly value the development's positioning as a genuinely practical residential base with proven transit accessibility, rather than speculative appreciation vehicles. Investors evaluating the property as a rental holding appreciate the combination of accessible price entry, established neighbourhood demand, and proximity to major transport infrastructure. High-net-worth individuals seeking portfolio diversification within Singapore's residential asset class may view Sherwood Condo as a complementary holding providing diversification away from landed property concentration or premium district exposure. The development's intermediate positioning—neither ultra-premium nor bargain-basement—enables it to serve multiple buyer cohorts with varying financial capacity and investment objectives.

District Supply Dynamics and Future Development Outlook

The Jurong residential market has achieved considerable maturity, characterised by an established stock of completed developments interspersed with sporadic new launches in remaining pockets of developable land. Singapore's planning frameworks direct significant growth towards strategic centres including the Jurong innovation hub and the broader western corridor, potentially supporting continued residential demand as employment concentration intensifies in these precincts. However, property seekers should acknowledge that new supply arrivals within the Jurong area have become increasingly modest in scale, reflecting land scarcity and the maturity of the market.

This maturing supply environment carries implications for both capital preservation and investment liquidity. Established developments like Sherwood Condo may benefit from limited competing new supply, supporting resale demand from buyers who cannot access launch-phase developments. Conversely, the absence of exciting new launches may marginally reduce speculative investor appetite for secondary-market properties. Long-term residents and practical investors typically view this supply dynamics positively—the absence of aggressive new competition supports price stability and rental demand. Prospective buyers should monitor Singapore's Urban Development Plan and forthcoming government land sales within the Jurong district, which may eventually introduce fresh supply that could temper appreciation in the intermediate term.

Lease Tenure and Long-Term Asset Viability

Sherwood Condo, as a contemporary residential development, carries lease tenure terms that merit careful consideration within any acquisition decision. Property buyers should explicitly confirm the lease tenure applicable to units within this development, ensuring clarity regarding the time horizon before lease depreciation becomes a material factor in resale valuation. Properties on 99-year leases, for example, eventually encounter diminishing appeal and valuation pressure as the lease tenure shortens—a dynamic that typically becomes material after the lease falls below 70 years. Freehold or 999-year leased properties present extended asset horizons that support more robust intergenerational wealth transfer and reduced depreciation anxiety.

For investors with medium-to-long-term holding horizons, lease tenure represents a critical evaluation parameter. Residential property typically supports robust valuations when lease tenure exceeds 70 years, with marginal depreciation as tenure shortens further. Investors acquiring units for rental revenue streams may prioritise long-tenure properties that sustain attractiveness to prospective tenants, particularly in the resale market where purchasers increasingly scrutinise remaining lease life. Buyers should obtain comprehensive information regarding Sherwood Condo's specific lease tenure during the acquisition process, ensuring that the lease timeline aligns with personal holding objectives and intended asset utilisation.

Practical Acquisition Guidance

Prospective buyers evaluating Sherwood Condo should undertake comprehensive due diligence encompassing property inspection, neighbourhood reconnaissance, and market comparative analysis. Visiting the development at varying times enables assessment of foot traffic, parking convenience, and general neighbourhood activity patterns that may influence personal satisfaction post-acquisition. Speaking directly with existing residents provides invaluable insights into strata management responsiveness, maintenance standards, and community character that published specifications cannot fully capture. Engaging qualified conveyancing professionals ensures clarity regarding all contractual obligations, defect liability periods, and warranty provisions applicable to the purchase.

Market comparability analysis, examining recent transaction evidence from competing developments within the immediate Jurong vicinity, provides essential context for evaluating whether Sherwood Condo's pricing represents compelling value relative to alternatives. Per-square-foot pricing comparisons, adjusted for unit configuration differences and lease tenure variations, offer reliable benchmarking frameworks. Prospective investors should stress-test rental yield assumptions using realistic market data from established agencies, ensuring that expected returns align with demonstrated Jurong neighbourhood performance rather than optimistic projections. Finally, buyers should confirm financing capacity through direct engagement with banking institutions before proceeding to formal offer, ensuring that downpayment capacity and TDSR compliance exist prior to contractual commitment.

Frequently Asked Questions

What rental yield can investors reasonably expect from purchasing a unit at Sherwood Condo as an investment property?

Rental yields at Sherwood Condo are influenced by the development's mature Jurong location and proximity to Beauty World MRT, factors that support steady tenant demand from professionals and families. Units within this price segment typically achieve gross rental yields in the region of 3-4% annually, depending on specific unit configuration, condition, and market demand dynamics at the time of acquisition. Investors should verify yields using current market rental evidence from comparable developments within the immediate 500-metre vicinity rather than relying on broad district averages, as neighbourhood micro-factors materially influence achievable rents. It is prudent to stress-test yield projections conservatively, accounting for potential cyclical softness in rental demand and reasonable allowances for vacancy periods between tenancies.

How does Sherwood Condo's pricing compare to recent per-square-foot transaction evidence in the Jurong area?

Sherwood Condo's current pricing from approximately S$1,500,000 translates to per-square-foot valuations that typically fall within the range observed across comparable Jurong developments completed within the past five to seven years. Recent comparable sales data from established condominiums within the immediate Jurong corridor has demonstrated per-square-foot pricing broadly consistent with Sherwood Condo's positioning, suggesting realistic market pricing rather than speculative premiums. Buyers should obtain specific transaction records from the caveats register and engage independent valuers to confirm whether Sherwood Condo's pricing reflects genuine market alignment or presents variance relative to comparable evidence. Per-square-foot comparisons should adjust for unit size variations and lease tenure differences, as these factors materially influence pricing per unit measure.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens purchasing a second residential property at Sherwood Condo?

Singapore Citizens acquiring a second residential property at Sherwood Condo incur Additional Buyer's Stamp Duty at the current rate of 20% of the purchase price, representing a material cost consideration within total acquisition expenses. For a purchase at S$1,500,000, the ABSD impost would approximate S$300,000—a substantial amount that materially affects total financing requirements and out-of-pocket downpayment obligations. This 20% duty applies alongside standard stamp duty and legal fees, meaning total acquisition costs (excluding agent commissions if applicable) typically range between 5-7% of purchase price for second residential acquisitions. Prospective second-property buyers must factor this ABSD liability comprehensively within affordability calculations, ensuring that total acquisition cost does not exceed total available capital or create excessive debt servicing burdens relative to household income.

Does lease tenure and decay risk present material resale value concerns for Sherwood Condo units over typical holding horizons?

Lease tenure represents a critical evaluation factor for Sherwood Condo, as residential properties with shortening lease terms experience material valuation depreciation once lease life falls below approximately 70 years. Contemporary condominiums at Sherwood Condo carry lease tenure terms that warrant explicit confirmation—buyers must clarify whether units feature 99-year, 999-year, or Freehold tenure before proceeding with acquisition. Properties on 99-year leases eventually encounter buyer reluctance and valuation pressure, though this dynamic typically emerges as meaningful only after 30+ years of holding, at which point remaining lease life approaches 65-70 years. Investors with extended holding horizons should prioritise longer tenure properties to minimise depreciation exposure; conversely, owner-occupiers with moderate holding periods (10-15 years) may experience minimal lease decay impact on personal financial outcomes. Prospective buyers should obtain detailed lease information and consult legal advisers to understand precisely how tenure mechanics apply to their specific acquisition objectives.

How significantly does proximity to Beauty World MRT Station influence capital appreciation and rental demand for Sherwood Condo?

MRT accessibility represents one of the most material value drivers within Singapore's residential market, and Sherwood Condo's position within a 13-minute walk of DT5 Beauty World MRT Station provides substantial demand support relative to developments requiring vehicular or extended transit access. Properties proximate to major transport nodes have historically demonstrated greater valuation resilience through economic cycles and attract broader tenant bases than peripheral alternatives, supporting both capital preservation and rental income stability. Beauty World Station's position on the Downtown Line offers direct connectivity to major employment centres, educational institutions, and leisure precincts across Singapore, making the development particularly attractive to commuter demographics who value transit efficiency. The MRT proximity should support sustained long-term demand and measurable capital appreciation exceeding purely transport-disconnected alternatives, though this advantage is already partially reflected within Sherwood Condo's current pricing, limiting speculative upside potential relative to currently undervalued peripheral properties.

Which buyer profiles represent optimal matches for Sherwood Condo—and which alternatives might better serve different investor or owner-occupier objectives?

Sherwood Condo appeals particularly effectively to first-time owner-occupiers seeking their inaugural residential acquisition within an established, well-connected neighbourhood without excessive financial overextension, as well as upgraders transitioning from smaller or more distant properties seeking expanded space and superior transport access. Mid-career professionals and young families with household incomes in the S$8,000-S$15,000 monthly range typically find Sherwood Condo's price point comfortably within financing capacity, whilst also supporting comfortable TDSR compliance and discretionary capital reserves. Investors targeting steady rental yield with manageable leverage appreciate the development's combination of accessible entry price, established tenant demand, and transport convenience that ensures reliable rental income generation. High-net-worth individuals may view Sherwood Condo as a pragmatic portfolio diversifier rather than a primary wealth concentration vehicle, particularly if existing holdings already concentrate within premium districts or landed property categories. Conversely, ultra-premium aspirational buyers seeking iconic trophy properties, and speculative investors exclusively targeting maximum short-term capital appreciation, might better access value through emerging launch developments in emerging growth corridors, which offer fresher designs and greater speculative upside than established secondary-market properties.

What financing headroom and TDSR implications arise for typical purchasers at Sherwood Condo's current price levels?

At Sherwood Condo's typical pricing from S$1,500,000, prospective owner-occupier purchasers require household incomes comfortably exceeding S$8,500 monthly to achieve comfortable TDSR compliance at standard 75-80% loan-to-value mortgage arrangements, accounting for the broader debt servicing calculations that Singapore's banking sector mandates. A S$1,500,000 property financed at 75% LTV (S$1,125,000 mortgage) at prevailing interest rates of approximately 3.5-4% annually generates monthly servicing obligations in the region of S$5,300-S$5,600, which under TDSR constraints can support only approximately S$8,800-S$9,300 total monthly household income ceiling. Most prudent borrowers target household incomes substantially above TDSR minimums to preserve discretionary financial capacity and resilience against potential future income disruption or interest rate movement. First-time buyers should confirm loan eligibility directly with preferred financial institutions prior to proceeding to formal offers, ensuring that TDSR calculations and available downpayment capacity align genuinely with personal financial circumstances. Second-property buyers must additionally factor 20% ABSD liability into total acquisition cost, materially increasing required downpayment reserves and compounding financing headroom pressures relative to first-property acquisitions.

How do competing developments within the immediate Jurong vicinity compare to Sherwood Condo on price, amenity profile, and resale liquidity?

Sherwood Condo competes within a mature Jurong market segment populated by several established developments featuring comparable price positioning, unit sizes, and amenity standards—a competitive environment that suggests Sherwood Condo's pricing likely reflects reasonable market equilibrium rather than exceptional value premium. Prospective buyers should examine competing properties such as other intermediate-tier Jurong condominiums within a 500-metre radius, evaluating pricing per square foot, facility comprehensiveness, maintenance standards, and observed tenant demand as benchmarking reference points. Resale liquidity within mature Jurong neighbourhoods typically demonstrates reasonable efficiency, though secondary-market properties naturally experience lower speculative urgency than launch-phase developments—buyers should anticipate 60-90 day marketing periods as realistic holding expectations. Competing developments may feature subtle distinctions in amenity profile, strata governance responsiveness, or unit configuration preferences that influence relative attractiveness to particular buyer demographic segments. Engaging agents familiar with the immediate Jurong micro-market provides valuable intelligence regarding competitive positioning, absorption rates, and buyer sentiment toward Sherwood Condo relative to alternatives.

Which unit stacks, floor levels, or internal configurations within Sherwood Condo typically represent optimal value relative to pricing premiums?

Within Sherwood Condo, ground-floor and lower-level units typically command modest pricing discounts relative to higher floors, reflecting general buyer preferences for elevated positions offering superior views, increased privacy, and reduced ambient noise from public common areas—discounts that may represent exceptional value for owner-occupiers indifferent to floor elevation or for investors prioritising yield maximisation over amenity premium. Mid-range floor levels (approximately 5-12 storeys) often represent optimal value equilibrium points, offering reasonable elevation benefits without the pricing premiums typical of penthouses or premium upper-level placements. Unit configurations positioned away from lift cores or with minimised exposure to common circulation areas typically command modest premiums, though this value differential may not justify premium pricing for purely investor-focused acquisitions. Comparing unit-specific pricing against development averages, adjusted for floor level and orientation, enables identification of outlier value opportunities—units positioned marginally off-premium allocations may offer equivalent functionality at material discounts. Owner-occupiers should weight personal lifestyle preferences (sun orientation, noise exposure, view character) alongside pricing calculations, recognising that subjective satisfaction often outweighs marginal per-square-foot economy.

What future supply pipeline developments within the Jurong district might influence long-term appreciation and competitive positioning for Sherwood Condo?

The Jurong residential market has matured considerably, with limited remaining undeveloped land available for residential densification, meaning future supply augmentation will likely remain modest relative to established development bases—a dynamic that should support price stability and limit aggressive new competing supply. Singapore's Government Land Sales and Urban Development Plan provide strategic guidance regarding permitted intensification within Jurong precincts, though execution timelines often extend considerably beyond initial planning timelines, meaning future supply may take 5-10+ years to materialise. New residential developments, when they do emerge in Jurong, may appeal to contemporary preferences for premium amenities and smart-home technologies that Sherwood Condo's established infrastructure cannot necessarily replicate, potentially creating differentiated market segments rather than direct head-to-head competition. Employment concentration expansion within the Jurong innovation hub and broader western economic corridor should sustain residential demand as professional and knowledge-worker populations increase in proximity to workplace locations—a dynamic that benefits existing developments like Sherwood Condo through enlarged tenant and owner-occupier pools. Property seekers should monitor Singapore's five-year development outlook through published government planning documents, which provide reasonable indication of future supply timing and likely competitive intensity within the Jurong neighbourhood context.

Sherwood Condo — From S$1.5M