Type

Units

Min Area

Price Range

3 BR

1184 sqft

S$560K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$560K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$112K on this acquisition.
Located 10 min (870 m) from NS10 Admiralty 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.

688A Woodlands Drive 75: Modern Living in an Established Neighbourhood

688A Woodlands Drive 75 stands as a notable HDB development offering contemporary residential units in one of Singapore's most mature and sought-after housing estates. Positioned strategically within the Woodlands precinct, this development provides a compelling option for buyers seeking quality accommodation without the premium pricing of private condominium developments. The estate's combination of modern renovation standards, accessible layout designs, and strong neighbourhood amenities has made it an increasingly popular choice among upgraders, growing families, and investors alike.

Location and Transport Connectivity

The development benefits from its proximity to Admiralty MRT Station (NS10), situated approximately 870 metres away—a comfortable ten-minute walk that connects residents directly to the North-South Line's extensive network. This level of MRT accessibility significantly enhances the convenience factor for daily commuters, whether travelling to the Central Business District, East Coast, or other parts of the island. Beyond rail transport, the immediate neighbourhood is well served by bus services including routes 962, 965, and 969, providing multiple options for those preferring public transport or requiring flexibility in their commute patterns.

The proximity to Admiralty MRT has historically supported robust resale demand in this locality, as the station functions as a major interchange hub serving both residential and commercial areas. This transport advantage translates to consistent buyer interest, whether for owner-occupation or investment purposes, and typically supports capital appreciation in line with or above broader HDB market trends.

Neighbourhood Amenities and Lifestyle

The Woodlands estate is characterised by a comprehensive network of everyday conveniences within short walking distances. Residents benefit from proximity to U Stars supermarket and a variety of dining establishments, all accessible within minutes on foot. For families, the locality offers exceptional primary school options including Admiralty Primary School, Greenwood Primary School, and Riverside Primary School within one kilometre, with additional choices such as Canberra Primary, Endeavour Primary, Evergreen Primary, and Northoaks Primary schools located between one and two kilometres away. This educational diversity appeals particularly to families in the purchasing or upgrading phase of their housing journey.

The maturity of the Woodlands estate means that essential services—medical clinics, pharmacies, food courts, and recreational facilities—are well-established and integrated into the neighbourhood fabric. This level of infrastructure stability has made the area attractive for longer-term residence and has contributed to consistent property values across the estate.

Unit Design and Configuration

Available units at 688A Woodlands Drive 75 feature three-bedroom, two-bathroom configurations spanning approximately 1,184 square feet, a size that accommodates growing families comfortably whilst maintaining efficient space utilisation. The development showcases examples of corner units positioned on higher floors, which typically command premium positioning due to superior natural light penetration, cross-ventilation, and unobstructed views. Units with south-facing main entrances benefit from consistent natural light throughout the day and are often favoured for their brightness and passive cooling benefits.

Many units at this development have undergone modern renovations, presenting contemporary finishes and layout flows that appeal to buyers seeking homes ready for immediate occupation without additional capital outlay. The combination of spacious floor plans and thoughtful renovation standards has positioned these units competitively within the HDB three-bedroom segment.

Market Positioning and Resale Demand

Woodlands has established itself as one of Singapore's most stable and desirable HDB precincts, with consistent resale activity across all flat types and sizes. The district's maturity, comprehensive amenities, and strategic location have historically supported steady capital appreciation in line with broader HDB market movements. Three-bedroom units at this development are positioned competitively relative to comparable stock across the Woodlands estate, and the modern renovation standards typical of current stock appeal to both upgraders and owner-occupiers seeking quality without excessive renovation commitments.

The development's appeal extends to investors seeking HDB rental stock with strong tenant demand characteristics. The proximity to Admiralty MRT and the family-oriented neighbourhood amenities create reliable demand for both short and medium-term rental arrangements, potentially supporting respectable rental yields for portfolio investors.

Investment Considerations

For second-property purchasers who are Singapore Citizens, it is essential to account for Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, which materially increases the total acquisition cost and should be incorporated into financial planning. This applies to acquisitions undertaken after the purchase date and significantly impacts the effective cost basis for investment returns calculations. Buyers in this category should ensure their financial planning accounts for this substantial duty impost before proceeding.

HDB leasehold flat valuations are inherently tied to remaining lease duration, and the resale appeal of properties with decades of lease remaining remains robust. However, as lease tenure declines beyond certain thresholds—typically below sixty years—resale value depreciation can accelerate, particularly for financing purposes where lenders impose stricter loan-to-value restrictions. The current lease status of units at this development should be assessed carefully, as lease decay will increasingly influence future resale valuations and financing availability.

Comparison with Nearby Developments

The broader Woodlands precinct includes numerous HDB projects spanning different eras and conditions. Developments with similar specifications to 688A Woodlands Drive 75 compete on renovation standards, floor levels, unit orientation, and proximity to key amenities. Transacted prices for comparable three-bedroom units in the immediate area provide reliable benchmarks for assessing value positioning. Recent price-per-square-foot data for renovated units in the Woodlands vicinity typically ranges within established parameters that reflect the estate's maturity and transport accessibility.

Suitability for Different Buyer Profiles

First-time buyers seeking their initial property ownership will find the Woodlands estate's stable market conditions and comprehensive amenities particularly attractive, though financing headroom should be verified against individual income profiles and debt-servicing ratios. Upgraders moving from smaller units or other estates benefit from the three-bedroom configuration, family-focused amenities, and established neighbourhood character. Investors examining HDB rental stock will appreciate the consistent tenant demand profile, proximity to employment nodes, and historical rental yield performance typical of north-corridor locations. High-net-worth buyers pursuing portfolio diversification may find HDB properties less relevant than private sector alternatives, though their investment merits should not be dismissed without detailed comparative analysis.

Future Considerations and Estate Planning

The Woodlands precinct continues to benefit from ongoing estate improvements, including regular upgrading programmes and infrastructure enhancements managed by relevant authorities. Supply dynamics within the north-corridor HDB market remain relatively stable, with limited new large-scale projects in the immediate vicinity, suggesting that existing developments like 688A Woodlands Drive 75 will maintain competitive positioning within the district for the foreseeable future. Buyers should monitor broader HDB market cycles and interest rate movements, which significantly influence financing costs and resale demand.

Frequently Asked Questions

What rental yield might a second-property buyer expect from purchasing a unit at 688A Woodlands Drive 75 as an investment?

HDB properties in the Woodlands district typically generate rental yields in the range of 2.5% to 3.5% per annum, calculated on gross rental income relative to acquisition price, though this varies significantly based on unit configuration, floor level, and specific lease duration. Three-bedroom units at 688A Woodlands Drive 75 command consistent tenant demand from families and professional sharers, particularly given the proximity to Admiralty MRT and the mature estate amenities. To estimate likely yield on a specific unit, prospective investors should compare current market rental rates for comparable units in the immediate neighbourhood against the acquisition price and factor in associated holding costs including property tax, maintenance levies, and foregone returns on capital otherwise invested. The presence of strong institutional demand from tenants seeking family-sized accommodation in well-serviced locations supports more stable rental income streams than might be achievable in less central locations.

How does the price-per-square-foot of units at this development compare to recent HDB transactions in Woodlands?

Transacted price-per-square-foot for renovated three-bedroom HDB units in the Woodlands estate currently ranges between approximately S$450 and S$550 per square foot, depending on factors including floor level, unit orientation, renovation standard, and remaining lease tenure. Units at 688A Woodlands Drive 75 position themselves competitively within this range, particularly those featuring corner configurations, high-floor positioning, and modern renovation finishes that appeal to owner-occupiers seeking minimal additional capital expenditure. To assess specific value positioning, prospective buyers should examine recent HDB transaction data from the Urban Redevelopment Authority's caveat records for the Woodlands postcodes, which provide transparent benchmarks reflecting actual arms-length market movements. The development's proximity to Admiralty MRT and the established estate amenities support price-per-square-foot positioning at the higher end of the Woodlands range compared to properties in less connected locations.

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

Singapore Citizens purchasing a second residential property—including HDB flats—must pay Additional Buyer's Stamp Duty (ABSD) at the current statutory rate of 20% on the property's purchase price. For a unit priced at S$560,000, this equates to an ABSD liability of S$112,000, materially increasing total acquisition costs beyond the purchase price itself. This duty is typically payable within fourteen days of the instrument of transfer and substantially impacts the effective cost basis for investment returns analysis or upgrade affordability assessments. Second-property buyers should incorporate this 20% ABSD rate into comprehensive financial planning, as it represents a significant non-recoverable cost that reduces available equity, increases total financing requirements, and extends the investment horizon required to achieve positive returns. Some buyers may explore alternative strategies such as spousal purchase arrangements, though professional tax and legal advice is essential before pursuing any such approach.

How does remaining lease tenure affect future resale value and financing availability for HDB properties at this development?

HDB leasehold properties are subject to lease decay, whereby resale valuations and financing availability progressively deteriorate as the remaining lease term declines. Most financial institutions impose enhanced loan-to-value restrictions on properties with less than fifty-five to sixty years of remaining lease, effectively limiting buyers' financing headroom and reducing the addressable buyer pool as lease duration shortens. The resale value depreciation accelerates noticeably once lease terms fall below fifty years, potentially reducing property values by 10% to 20% relative to comparable newly-granted leases, as buyers factor in future lease renewal complexity and diminished investment longevity. Properties at 688A Woodlands Drive 75 should be evaluated with careful attention to their current lease position, as this metric fundamentally influences not only current fair value but also the development's suitability for investment purposes or as a long-term owner-occupied home. Buyers should request certified lease documentation and consider consulting independent valuation professionals regarding lease decay trajectories and their implications for multi-decade ownership or investment horizons.

How does proximity to Admiralty MRT Station (NS10) influence capital appreciation and resale demand at this development?

Proximity to Admiralty MRT Station (NS10) is a material factor supporting capital appreciation and resale demand at 688A Woodlands Drive 75, as the station functions as a significant interchange hub serving major commercial and residential corridors across Singapore's northern zone. Historical data demonstrates that HDB properties within 800 to 1,000 metres of major MRT stations consistently outperform properties located further away, typically appreciating in line with broader market cycles whilst maintaining more robust tenant demand and shorter average time-on-market for resale transactions. The North-South Line's strategic importance connecting Jurong, central Singapore, and Changi regions positions Admiralty Station as a perpetually valuable transport asset unlikely to diminish in relative importance. Properties at this development benefit from this transport premium, which typically translates to sustained buyer interest from commuters seeking reduced travel times to employment centres, educational institutions, and entertainment districts. Future supply constraints and ongoing population pressures suggest that transport-proximate HDB properties will remain increasingly valuable relative to alternatives in less-connected locations.

Which buyer profiles are best suited to purchasing units at 688A Woodlands Drive 75?

First-time buyers seeking their inaugural property ownership find the Woodlands estate's established character, comprehensive amenities, and stable market conditions particularly conducive to confident purchasing decisions, provided their financing capacity and debt-servicing ratios support acquisition at current market prices. Upgraders moving from smaller flats or other estates value the three-bedroom configuration, south-facing orientation options, high-floor positioning, and family-oriented neighbourhood amenities that support long-term owner-occupation without imminent further moves. Investors pursuing HDB rental stock with demonstrated tenant demand and relatively predictable income streams benefit from the development's proximity to Admiralty MRT, which consistently attracts professional tenants and families seeking reliable neighbourhood infrastructure. Portfolio investors with longer time horizons and diversified property holdings may find this development appropriate as a stable, income-generating asset, though they should carefully model lease decay impacts and inflation-adjusted rental yield sustainability. High-net-worth individuals typically favour private residential properties over HDB alternatives, though comparative analysis of risk-adjusted returns should not be dismissed entirely without detailed examination of specific unit circumstances and market timing factors.

What TDSR headroom and financing considerations apply to typical price points for three-bedroom units at this development?

Three-bedroom HDB units at 688A Woodlands Drive 75, priced around S$560,000, typically attract mortgage financing at 80% loan-to-value ratio (S$448,000) with thirty-year tenures, resulting in monthly servicing costs of approximately S$2,100 to S$2,400 depending on prevailing interest rates and individual lender terms. Singapore's Total Debt Servicing Ratio (TDSR) framework limits total monthly debt servicing across all facilities to 60% of gross monthly household income, implying that buyers would require gross household income of approximately S$3,500 to S$4,000 monthly to comfortably accommodate these mortgage payments alongside other financial obligations. First-time buyers with limited outstanding debt maintain maximum TDSR headroom and can typically acquire properties at this price point with relative ease, whereas upgraders carrying existing mortgages or consumer debt face reduced financing availability and must carefully stress-test their servicing capacity. Interest rate movements significantly influence monthly servicing costs, and prospective buyers should model scenarios where prevailing rates increase by 1.5% to 2.0% above current levels to understand their true carrying capacity. Professional mortgage brokers can provide detailed pre-qualification assessments and explore various tenure and loan-to-value combinations optimising individual financial positions.

How do competing HDB developments nearby compare to 688A Woodlands Drive 75 in terms of price, amenity, and resale positioning?

The Woodlands precinct encompasses multiple HDB developments spanning various construction eras, each positioned differently according to renovation standards, unit configurations, estate maturity, and relative distance from transport nodes. Developments constructed in the 1990s and 2000s, including competing three-bedroom offerings within the immediate neighbourhood, typically transact at price-per-square-foot levels ranging from S$430 to S$500, depending on individual renovation standards and floor-level characteristics. 688A Woodlands Drive 75's positioning relative to competitors depends on specific unit characteristics including whether properties feature modern renovation, high-floor placement, corner configurations, and optimised orientations—factors that justify premium pricing within the local market. Developments with superior positioning relative to Admiralty MRT, such as those within 600 metres of the station, command slight premiums, whereas properties located at the estate's periphery or requiring longer walks to transport typically transact at modestly discounted rates. Prospective buyers should systematically examine recent caveat and HDB resale transaction data for immediate neighbours—typically properties within the same postal code—to establish precise competitive positioning and ensure acquisition pricing reflects genuinely comparable specifications.

Are corner units and higher floor levels at this development demonstrably better value compared to mid-level units with different orientations?

Corner units positioned on higher floors at 688A Woodlands Drive 75 historically command premiums of 3% to 8% relative to comparable mid-stack, non-corner units, reflecting superior natural light penetration, cross-ventilation, landscape views, and enhanced privacy typically perceived as more desirable owner-occupier characteristics. High-floor units (typically levels eight and above in HDB developments) command incremental premiums of 2% to 4% per additional floor level, as buyers value reduced noise exposure, superior air quality, and psychological benefits associated with elevated positioning. However, whether these premiums represent genuinely superior value depends on individual purchaser preferences; end-of-lease HDB properties with higher floors may command percentage premiums insufficient to justify their acquisition price differential when discounted against remaining lease tenure impacts. For investment-focused purchasers, mid-level units with east or west-facing orientations frequently achieve superior rental yield performance relative to higher-priced corner units, as the cost differential rarely correlates to equivalent rental income increases. Systematic comparison of transacted prices for units across multiple floor levels and orientations within recent conveyancing records provides empirical guidance regarding actual market premium valuations versus theoretically expected premiums.

What future supply pipeline exists for HDB developments in the Woodlands district, and how might this affect resale values?

The Housing and Development Board's long-term planning indicates relatively constrained new HDB supply scheduled for the Woodlands precinct over the next ten to fifteen years, with most new development activity concentrated in emerging estates in Punggol, Tengah, and northeastern zones where greenfield land availability remains higher. This supply constraint is favourable for existing developments like 688A Woodlands Drive 75, as limited new competing stock typically sustains capital values and resale demand relative to markets experiencing substantial new unit influxes. However, broader HDB market movements influenced by interest rate cycles, overall housing policy adjustments, and macroeconomic conditions will continue to significantly influence resale values independent of local supply dynamics. The Woodlands estate's established character and maturity mean its properties increasingly appeal to longer-term residents and investors rather than first-time buyers gravitating toward newer developments, potentially supporting demographic stability in resale demand. Buyers should monitor Ministry of National Development announcements regarding future estate planning and any potential urban renewal or en-bloc redevelopment initiatives affecting the precinct, as such large-scale interventions could materially alter local market dynamics and property valuations over extended ownership horizons.

Hdb Flat At 688A Woodlands Drive 75 — From S$560K