Type

Units

Min Area

Price Range

2 BR

646 sqft

From S$1.1XM

3 BR

1033 sqft

S$1.6XM – S$1.6XM

Property Highlights

Spacious 3-bedroom, 2-bathroom apartment offering 1,033 sqft of well-proportioned living space in a prime Woodleigh location
Just 850 metres from NE11 Woodleigh MRT Station, providing excellent connectivity and long-term capital appreciation potential
Priced at S$1,688,000, representing strong value for upgraders and investors seeking exposure to the North-East corridor
Strategic position near established amenities, schools, and transport hubs makes this property suitable for growing families
Well-positioned in a mature residential precinct with stable demand and consistent rental yields for investment portfolios

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Ref: 500087378

Daisy Suites: A Distinctive 3-Bedroom Residence in Established Woodleigh

Daisy Suites presents an exceptional opportunity for discerning buyers seeking a well-appointed apartment in one of Singapore's most mature and sought-after residential neighbourhoods. Located at 35 Daisy Road, this property combines substantial living space with convenient access to the North-East corridor's premier transport and lifestyle amenities. The three-bedroom, two-bathroom residence spans 1,033 square feet—a generous configuration that caters to families, upgraders, and investors alike.

Location & Connectivity

The North-East location has long been regarded as one of Singapore's most desirable residential corridors, and Daisy Suites' position reinforces this reputation. Situated merely 850 metres from NE11 Woodleigh MRT Station, residents benefit from swift access to the city's wider transport network. A brisk 10-minute walk places the MRT well within convenient reach, enabling commuters to navigate to the CBD, Marina Bay, and other key business districts with minimal fuss. This proximity to reliable public transport has historically underpinned strong capital appreciation in the precinct.

Beyond transit infrastructure, the surrounding neighbourhood offers a comprehensive ecosystem of daily conveniences. Educational institutions, healthcare facilities, shopping precincts, and dining establishments characterise the Woodleigh area, making it particularly attractive to families prioritising accessibility and community vibrancy. The maturity of the district ensures that new supply is limited, supporting price stability and rental demand.

Property Specifications & Layout

The apartment's 1,033-square-foot footprint delivers generous proportions for a three-bedroom configuration. Two full bathrooms service the bedrooms and common areas, a practical feature that accommodates larger households and reduces daily congestion during peak morning hours. The layout appears designed with modern living in mind, separating sleeping quarters from entertaining and dining spaces in a way that maximises usability and comfort.

Buyers will find this size particularly appealing for multi-generational living arrangements, professional couples hosting work-from-home requirements, or families with teenage children seeking individual sleeping space. The two-bathroom provision is especially valued in the modern market, as it distinguishes the property from standard two-bedroom offerings and reduces renovation urgency for new owners.

Investment Credentials & Market Positioning

Priced at S$1,688,000, Daisy Suites sits at a price point that reflects both the property's spatial generosity and Woodleigh's established market reputation. For investors evaluating potential acquisition, the North-East corridor has demonstrated consistent rental demand, supported by the area's demographic profile and proximity to employment centres. The three-bedroom configuration appeals to expatriate families and growing local households, both of which form substantial portions of the rental market in mature East-side precincts.

The property's valuation also positions it competitively within the broader Woodleigh and Upper Serangoon corridor landscape. As Singapore's residential market continues to navigate evolving economic cycles, assets located in established neighbourhoods with proven rental pedigree tend to outperform properties in emerging or transitional areas. The combination of MRT proximity, mature amenities, and stable demographic demand creates a compelling foundation for long-term hold strategies.

Suitability for Different Buyer Profiles

First-time buyers with sufficient capital and mortgage capacity will find Daisy Suites a stepping stone into a well-established neighbourhood. The three-bedroom layout provides flexibility for future family growth without requiring immediate upgrading. For upgraders transitioning from smaller apartments or private housing, the property offers a comfortable middle ground—spacious enough for contemporary living standards whilst remaining manageable in terms of maintenance and running costs.

High-net-worth individuals and serious investors recognise the North-East corridor as a stabilised investment zone. Unlike emerging precincts where renovation risk and repositioning uncertainty linger, Woodleigh offers immediate tenant-ready appeal and consistent mid-range rental demand. The property's size and condition mean minimal repositioning capital is typically required before leasing to quality tenants.

Market Context & Future Outlook

The Woodleigh area benefits from its position within the broader North-East planning framework, where transport improvements and estate renewal have historically driven sustained appreciation. While Singapore's HDB supply pipeline remains robust in surrounding areas, the private residential market in established mature estates typically experiences constrained new supply, supporting long-term pricing dynamics. Planning decisions favouring intensification around the NE11 corridor suggest continued demographic vitality and transport-driven value creation.

Daisy Suites' location positions it to capture the dual benefits of MRT convenience and estate maturity—a combination that has proven resilient across multiple market cycles. Buyers should evaluate this property not merely as a residence but as a long-term wealth-accumulation asset within a precinct that has demonstrated durable appeal to Singapore's middle and upper-middle income households.

Next Steps for Prospective Buyers

This three-bedroom apartment represents a noteworthy opportunity in a market where well-proportioned, conveniently located properties command sustained demand. Interested parties are encouraged to arrange a viewing to assess the property's interior condition, spatial flow, and suitability for their personal requirements or investment objectives. Given Woodleigh's popularity and the property's compelling specifications, expedient evaluation is advisable in the current market environment.

Frequently Asked Questions

What is the estimated rental yield for Daisy Suites if purchased as an investment property?

Based on prevailing rental rates in the Woodleigh precinct, a three-bedroom apartment of this size and specification typically commands monthly rents between S$4,200 and S$4,800, depending on exact unit condition and floor level. This yields an annual gross return of approximately 3.0 to 3.4 percent on the S$1,688,000 purchase price, positioning it within the competitive range for established East-side residential assets. When combined with potential capital appreciation in a MRT-proximate location, the total return profile becomes more compelling for patient investors willing to hold through market cycles. Actual rental outcomes may vary based on unit-specific features, tenant profile, and macroeconomic conditions affecting expatriate housing demand.

How does the S$1.688M price compare to recent per-square-foot transactions in Woodleigh?

At S$1,688,000 for 1,033 square feet, Daisy Suites trades at approximately S$1,634 per square foot—a valuation consistent with recent resale transactions in the Woodleigh and Upper Serangoon corridor for three-bedroom apartments of comparable age and specification. Recent market data suggests similar-sized units in the precinct have transacted between S$1,580 and S$1,700 per square foot, reflecting the area's mature residential premium and MRT accessibility. The asking price reflects neither a discount nor a significant premium, positioning the property as fairly valued relative to its peer set. Buyers should note that unit-specific factors such as floor level, unit stack, view profile, and remaining lease tenor can move individual transactions within this per-square-foot range.

What are the Additional Buyer's Stamp Duty implications for second-property buyers at this price point?

For buyers purchasing Daisy Suites as a second property, the ABSD regime imposes graduated duties: 5 percent on the first S$180,000, 10 percent on the portion between S$180,001 and S$360,000, and 15 percent on any amount exceeding S$360,000. For this S$1,688,000 property, total ABSD liability would total approximately S$188,400, representing a material cash outlay that must be factored into total acquisition cost and financing calculations. First-time buyers are exempt from ABSD, whilst buyers replacing a previously-held property may qualify for remission under specific circumstances outlined by IRAS. Given the magnitude of this duty, second-property investors should carefully model cash-flow and returns before committing to acquisition, ensuring that rental yield and capital appreciation justify the additional tax burden.

What is the lease decay risk for this property and how might it impact future resale value?

Without explicit confirmation of the remaining lease tenure in the listing, buyers must obtain detailed strata title documentation and property records to determine the exact remaining lease period. In Singapore's private residential market, properties with leases below 80 years typically experience accelerated value erosion, whilst those with 90+ years remaining tend to hold value more stably over medium-term holding periods. For a property in the Woodleigh precinct, typical freehold or long-leasehold structures are common, but this must be verified before proceeding with purchase. Prospective buyers are strongly advised to obtain a Property Report and Strata Certificate from their legal advisors to quantify any lease-decay exposure and understand potential resale implications should they exit the market in five to ten years.

How does proximity to Woodleigh MRT Station affect demand and long-term capital appreciation for this property?

Proximity to NE11 Woodleigh MRT Station is a primary value driver for this asset, historically supporting steady capital appreciation for properties within 800-1000 metres of major transit nodes. The 850-metre distance positions Daisy Suites in the 'sweet spot' for buyer preference—close enough to realise meaningful transport convenience, yet far enough to avoid negative externalities such as noise and foot traffic concentration. Properties within this MRT proximity band in the North-East corridor have demonstrated consistent appreciation across property market cycles, as the convenience factor attracts both owner-occupiers and rental tenants. Future planned improvements to the North-East Line and surrounding precinct infrastructure may further enhance the property's locational premium, supporting medium to long-term capital value. Buyers should recognise that this MRT accessibility represents a durable competitive advantage unlikely to be replicated in newer, more distant developments.

Is Daisy Suites suitable for first-time property buyers, and what mortgage capacity is required?

First-time buyers can acquire this property with a loan-to-value ratio of up to 80 percent under most institutional lenders' frameworks, requiring a minimum cash down-payment of approximately S$337,600 plus legal and stamp duty costs. At the S$1,688,000 price point, monthly mortgage servicing (assuming a 25-year tenure at current interest rates) would range between S$6,800 and S$7,200, depending on final loan amount and rate negotiation. First-time buyers benefit from ABSD exemption, reducing total cash outlay compared to second-property investors by approximately S$188,400. The property's three-bedroom configuration offers excellent flexibility for first-timers seeking a long-term residence without requiring upgrading, whilst its established location minimises renovation risk and surprises. Prospective first-time buyers should consult mortgage brokers to confirm personal eligibility and stress-test affordability against personal income thresholds and TDSR limits.

What is the approximate TDSR headroom and mortgage financing capacity at this S$1.688M price point?

Total Debt Service Ratio regulations stipulate that housing-related liabilities cannot exceed 55 percent of gross monthly income for most borrowers. For a S$1,688,000 purchase with 80 percent LTV financing (S$1,350,400 loan), monthly mortgage repayments of approximately S$6,900-7,100 would require a gross monthly income of around S$12,500-13,000 to remain comfortably within TDSR parameters. Buyers with existing car loans, credit cards, or personal liabilities will see reduced borrowing capacity, as these obligations are included in total debt calculations. Couples pooling household income benefit from higher combined TDSR capacity, making this property particularly accessible for double-income families. Prospective buyers are advised to obtain mortgage pre-approval letters from financial institutions before proceeding to offer stage, ensuring that their personal financial profile accommodates the required loan servicing without strain.

How does Daisy Suites compare to competing three-bedroom developments in the Woodleigh and Upper Serangoon corridor?

The Woodleigh and Upper Serangoon corridor hosts several competing three-bedroom developments including nearby estates that have traded at broadly similar per-square-foot levels in recent months. Many competing projects offer comparable unit sizes (950-1,100 sqft) at valuations ranging from S$1,580,000 to S$1,750,000, reflecting similar MRT proximity and estate maturity factors. Daisy Suites' distinguishing features would include its specific unit-level attributes, floor position, internal condition, and any retained amenities or renovation recency. Properties in this corridor compete primarily on location nuance (MRT distance variations), internal layout efficiency, and estate-level amenities rather than dramatic pricing differentials. Buyers should conduct direct comparisons with three to four competing units in the same precinct before finalising offers, ensuring that Daisy Suites' asking price reflects genuine value relative to alternative options available in the same neighbourhood.

Which unit stacks or floor levels typically offer the best value proposition within three-bedroom Woodleigh properties?

Within the Woodleigh residential market, mid-to-upper floor levels (typically floors 8-15) command pricing premiums of 5-8 percent over lower floors, driven by superior light, reduced street noise, and enhanced privacy perception. Ground and very low-floor units often trade at 5-10 percent discounts, despite identical layout and square-footage, due to perceived security concerns and reduced amenity view. Highest-floor units may carry premium positioning but sometimes attract smaller buyer pools due to lift frequency and potential maintenance costs. For a three-bedroom apartment, corner or end-stack units offering dual windows and cross-ventilation tend to generate stronger rental demand and resale appeal than interior units on identical floor levels. Investors seeking optimal rental yield should prioritise mid-floor interior units offering good light and access whilst maintaining modest pricing, whereas owner-occupiers can justify modest premium for floor level and orientation preferences. The specific unit stack's impact on value should be examined during site inspection, as layout nuances may outweigh floor-level considerations.

What is the future supply pipeline in the North-East district and how might it affect long-term property appreciation?

The North-East planning area has experienced relatively constrained private residential supply in recent years, with fewer new projects receiving approval in the Woodleigh and Serangoon domains compared to emerging growth zones in the East or North precincts. The Urban Redevelopment Authority's planning framework continues to prioritise HDB intensification and selective private estate renewal in the North-East, rather than wholesale new residential development, which naturally supports long-term pricing for existing private stock. Major planned infrastructure improvements, including potential transport enhancements and precinct-level improvements in the broader NE11 corridor, may drive renewed investor interest in established properties without generating excessive new supply competition. Unlike emerging areas where future BTO or new private launches could significantly dampen appreciation, Woodleigh's mature status and planning constraints suggest relatively predictable supply dynamics that favour existing asset holders. Buyers should recognise that Daisy Suites' long-term value resilience is substantially underpinned by this constrained supply environment, making it a defensible wealth-retention asset even through market-softening periods.

3-Bed Daisy Suites, Woodleigh – S$1.688M | 1,033 sqft