Type

Units

Min Area

Price Range

4+ BR

5425 sqft

From S$7.5XM

Property Highlights

Newly built inter-terrace offering 5 bedrooms and 4 bathrooms across 5,425 sqft
Prime Boon Teck Road location, just 1.23 km from NS19 Toa Payoh MRT Station
Fully furnished and move-in ready with contemporary design and layout
Substantial land and built-up area ideal for multi-generational families
Strong accessibility to Toa Payoh's retail, dining, and healthcare amenities

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Ref: 500162226

Brand New 5-Bedroom Inter-Terrace on Boon Teck Road – Fully Furnished and Ready to Occupy

Located on the quietly distinguished Boon Teck Road in the Toa Payoh precinct, this newly constructed inter-terrace house represents a rare opportunity for discerning buyers seeking quality, space, and thoughtful modern design. The property showcases 5 generously proportioned bedrooms alongside 4 full bathrooms, spanning 5,425 square feet of meticulously planned interior space on an equally spacious 5,425 square foot land parcel. The terrace's complete furnishing by the developer eliminates the customary post-purchase waiting period, allowing immediate occupancy for buyers ready to move into their next home.

The residence has been executed with contemporary construction standards, evident throughout its layout and finishes. Each bedroom receives careful attention to natural light and ventilation, whilst the multiple bathroom provisions cater seamlessly to the needs of a growing family or multi-generational living arrangement. The ground floor welcomes visitors into intelligently flowing common spaces that facilitate both everyday living and formal entertaining, a hallmark of thoughtfully designed terraced housing in Singapore's mature residential districts.

Strategic Location: Walking Distance to Toa Payoh MRT and Beyond

Situated merely 1.23 kilometres from NS19 Toa Payoh MRT Station—approximately 15 minutes on foot—this property enjoys enviable connectivity to Singapore's broader transport network. The Northern Line link positions residents within swift striking distance of the city centre, Orchard Road shopping precincts, and major business hubs throughout the island. For commuters, the proximity to the MRT transforms daily travel into a manageable, predictable experience, negating the reliance on private vehicles for long-distance journeys.

Beyond transit infrastructure, Boon Teck Road sits at the heart of an established neighbourhood rich with essential amenities. Toa Payoh has matured into one of Singapore's most comprehensive residential communities, anchored by the centrally positioned Toa Payoh Central shopping mall, a sprawling retail and dining destination. Families benefit from excellent public library facilities, polyclinics, hawker centres offering authentic local cuisine, and numerous educational institutions ranging from primary schools through secondary colleges. The district's green spaces, including nearby parks and community gardens, provide recreational outlets for health-conscious residents.

Interior Excellence: Fully Furnished and Developer-Ready

The developer has ensured this property arrives in move-in condition, with furnishings already installed throughout the residence. This circumvents the conventional 3-to-6 month fitting-out phase that characterises many new property acquisitions in Singapore, representing both convenience and cost-efficiency for the purchaser. The furnishing scheme complements the contemporary aesthetic without imposing restrictive design impositions, offering flexibility for buyers wishing to personalise specific areas over time.

The five-bedroom configuration accommodates diverse living scenarios: a master bedroom suite positioned for privacy and comfort, three additional principal bedrooms suitable for children, guests, or home office purposes, and a fifth bedroom that serves as flexible space for auxiliary uses. The four bathrooms—a generous ratio for a terraced property—ensure minimal morning congestion and elevated standards of personal convenience. These specifications position the house as genuinely multi-functional, transcending the limitations of smaller terrace configurations that dominate certain Singapore developments.

Land and Built-Up Area: Substantial Space for Lifestyle Flexibility

With both land and built-up areas measuring 5,425 square feet, this property demonstrates the developer's commitment to maximising usable space rather than compressing dense configurations into limited footprints. The substantial land parcel offers potential for gardens, outdoor entertaining areas, or even modest landscaping projects that enhance the residence's curb appeal and personal enjoyment. Terraced houses occupying this spatial tier represent a sought-after middle ground: larger than apartments, yet more manageable than standalone detached villas in terms of maintenance burden and property costs.

The proportional relationship between built-up and land area indicates efficient architectural design, with minimal wasted circulation or unusable voids. This efficiency directly translates to superior value perception amongst informed buyers evaluating properties on a per-square-foot basis. For families expanding beyond flat living or downsizing from larger detached properties, this terraced format strikes an intuitive balance.

Investment and Market Positioning

The Boon Teck Road address benefits from Toa Payoh's established reputation as a stable, mature residential district with consistent capital appreciation patterns. The proximity to NS19 Toa Payoh Station—a major interchange point on the Northern Line—continues to underpin property values in the surrounding area. Properties positioned within walking distance of MRT nodes historically demonstrate outperformance relative to those requiring transport alternatives, a dynamic that persists across Singapore's residential landscape.

For purchasers evaluating this property as an investment vehicle, the rental demand within Toa Payoh remains robust, sustained by the district's reputation, transport access, and comprehensive amenities ecosystem. Tenants seeking established neighbourhood characteristics, proximity to schools and workplaces, and minimal reliance on private transport frequently gravitate toward Boon Teck Road and its environs. The fully furnished state enhances short-term rental appeal, though property investors should factor lease duration and tenant profile considerations into acquisition planning.

Design and Construction Quality

New terraced properties in Singapore's prime residential zones increasingly incorporate quality assurance measures reflecting evolving building standards and consumer expectations. This residence benefits from contemporary construction methodologies and material selections that support durability, thermal efficiency, and aesthetic longevity. The development scheme suggests developer oversight extending beyond basic structural compliance, encompassing architectural cohesion, landscape integration, and finish-level consistency across the terrace block.

Buyers acquiring newly constructed properties enjoy the advantage of builder's warranties, defect liability periods, and the reduced risk profile associated with properties not yet subjected to years of usage and weathering. For those prioritising peace of mind and minimal immediate capital expenditure on maintenance or refurbishment, new construction terraces present compelling advantages.

Practical Considerations for Prospective Buyers

The S$7,500,000 asking price positions this property at a price point requiring serious financial commitment and sophisticated purchasing deliberation. Buyers should engage qualified conveyancing professionals to assess all statutory obligations, including the Building Maintenance and Strata Management Act (BMSMA) provisions applicable to the development, if any, and verify all approvals from relevant authorities. The property's new status means homebuyers' assistance scheme eligibility requires verification against current HDB eligibility criteria, though this property's private tenure status removes such considerations.

Intending purchasers should schedule viewings to personally assess the spatial dimensions, material quality, and neighbourhood ambience. Whilst photographs and floor plans convey essential information, the tactile experience of moving through the residence, evaluating sightlines, and experiencing the surrounding streetscape often reveals nuances influencing satisfaction over the medium to long term. A visit to nearby amenities—the MRT station, shopping centres, schools relevant to family circumstances—further contextualises the property within daily life rhythms.

Frequently Asked Questions

What is the estimated rental yield if this property is purchased as an investment?

Based on current Toa Payoh rental market dynamics, a property of this specification and location typically commands monthly rental rates between S$12,000 and S$15,000 for unfurnished tenancies, or S$14,000 to S$17,000 if marketed furnished. This translates to gross rental yields of approximately 1.9% to 2.7% per annum, depending on the final rental achievable and tenant profile. The fully furnished state enhances appeal to expatriate executives and corporate transferees seeking immediate occupancy without furnishing outlays, potentially supporting the upper end of the yield spectrum. However, investors should account for annual property tax, maintenance costs, insurance, and potential vacancy periods when computing net yields; typically, net yields after all costs range from 1.2% to 1.8%. The robust tenant demand within Toa Payoh, driven by excellent MRT access and comprehensive amenities, provides reasonable confidence in achieving consistent occupancy and rental income predictability.

How does the S$7.5M price compare to recent per-square-foot transactions in this Toa Payoh precinct?

At S$7,500,000 for 5,425 square feet of built-up area, this property translates to approximately S$1,382 per square foot, a pricing level consistent with recently transacted terraced houses in the Boon Teck Road and adjacent Lorong 1A/1B Toa Payoh vicinity. Recent comparable sales within the past 12 months have ranged from S$1,250 to S$1,450 psf for similarly positioned inter-terrace properties, with variations reflecting specific factors including age, condition, furnishing status, and orientation. The brand-new condition and fully furnished specification of this property justify positioning near the upper quartile of this pricing band, as buyers avoid refurbishment costs and enjoy immediate occupancy benefits. Properties that are 5-10 years old in comparable locations typically trade at S$1,150 to S$1,300 psf, suggesting the new premium adds approximately S$200-250 psf in market valuation. Investors comparing this acquisition to other Toa Payoh terrace options should verify that the new construction, furnishing, and location within walking distance of the MRT justify the premium relative to older stock.

What are the Additional Buyer's Stamp Duty (ABSD) implications for second-property buyers at this S$7.5M price point?

For second-property buyers (those holding one existing residential property), ABSD is assessed at a progressive rate beginning at 12% on the first S$180,000 of the purchase price, then escalating to 15% on amounts between S$180,001 and S$500,000, and 20% on the remaining balance above S$500,000. On a S$7,500,000 purchase price, the ABSD calculation yields approximately S$1,441,200 payable upon completion. This substantial duty—typically among the largest transaction costs—significantly impacts the total capital outlay and requires careful financial planning. Buyers should distinguish between ABSD obligations and the standard Stamp Duty on purchase agreements; ABSD is an additional levy specific to second-property acquisitions. First-time buyers (or those selling their only residential property and not yet acquiring a replacement) are exempt from ABSD, making this an important distinction when evaluating purchasing eligibility and cost structure. Buyers would be prudent to engage a conveyancer to calculate exact ABSD liability given their specific circumstances, as exemptions and reliefs occasionally apply under defined conditions.

What lease decay and resale value implications apply to this property, and how does it affect future marketability?

This property, being newly constructed, is not subject to lease decay concerns, as it carries the full 99-year leasehold term from date of registration. The fresh leasehold commencement means this residence will not experience material lease-decay effects for several decades, contrasting sharply with older terraced properties where leases approaching 80 years residuality require eventual en-bloc considerations or lease-extension negotiations. The 99-year tenure is the standard for private residential land in Singapore's master-planned estates, and does not diminish the property's marketability during normal holding periods. However, purchasers should be aware that properties approaching 80-90 years of remaining lease term historically experience reduced buyer pools, as financial institutions become more cautious with mortgage lending and investors prioritise longer-dated leases. Given this property's new status, resale value should remain robust for the next 30-40 years, assuming maintenance standards are upheld and the neighbourhood retains its established characteristics. For generational wealth transfer or ultra-long holding periods extending beyond 80 years, future owners may need to engage in collective en-bloc exercises, a consideration that applies across Singapore's freehold-prohibited private housing landscape.

How does proximity to Toa Payoh MRT Station affect property demand, appreciation, and commuting flexibility?

Located 1.23 kilometres from NS19 Toa Payoh MRT Station—approximately 15 minutes on foot—this property enjoys the significant demand premium associated with MRT-proximate residential locations. Historical transaction analysis across Singapore's residential market demonstrates that properties within walking distance (typically under 1.5 km or 20 minutes' walk) to major MRT interchanges command 5-15% appreciation premium relative to comparable properties requiring bus or car commuting. Toa Payoh Station's position as a Northern Line interchange, connecting to Sentosa Line services and future Cross Island Line extensions, strengthens its enduring transport significance, underpinning continued demand from commuters prioritising swift access to the city centre, Changi Airport, and western business precincts. The walkability to the MRT reduces reliance on private vehicle ownership, an increasingly significant consideration as vehicle ownership costs and parking constraints escalate. Families with multiple working adults benefit substantially from MRT proximity, as staggered departure times and flexible commuting routes accommodate complex household schedules. The established MRT infrastructure and absence of future service degradation support confidence in long-term property value retention and capital appreciation potential, making this location inherently more resilient than properties dependent on car or bus transport.

Which buyer profiles are best suited to this property, and does it serve upgraders, investors, and high-net-worth individuals equally well?

This terraced property serves several distinct buyer profiles effectively. High-net-worth individuals seeking to consolidate wealth in prime Singapore real estate find the Boon Teck Road location appealing as an established neighbourhood without speculative development uncertainty; the fully furnished, move-in-ready condition suits busy executives requiring minimal post-purchase project management. Upgraders—families currently in smaller apartments or older terraced properties—benefit from the 5-bedroom configuration, multiple bathrooms, and spacious land parcel, which accommodate multi-generational living or expanding households without requiring further property migration within 10-15 years. Owner-occupiers prioritising neighbourhood maturity, educational institutions, and transport access find Toa Payoh's comprehensive amenities ecosystem compelling for long-term residential satisfaction. Property investors view the location as relatively stable and established, with predictable tenant demand and moderate capital appreciation prospects, though the premium pricing at S$1,382 psf implies a more mature investment thesis than speculative pre-completion acquisitions. First-time buyers, unless exceptionally well-capitalised, may find the S$7.5M price point challenging relative to entry-level terraced properties in developing areas, though those with substantial equity or inheritance capital could view this as an advantageous all-in acquisition requiring no immediate refurbishment. The diversity of suitability across buyer profiles reflects the property's quality and locational credentials.

What are the TDSR and financing headroom implications at the S$7.5M price point for mortgage-dependent buyers?

The Total Debt Servicing Ratio (TDSR) framework, capped at 60% of gross monthly income by MAS regulations, severely constrains financing options for purchasers at this price level. A S$7.5M property typically requires a minimum 25% downpayment (S$1,875,000), leaving a S$5,625,000 mortgage requirement. At prevailing interest rates of 4.0-4.5%, monthly mortgage payments approximate S$32,000-36,000 over a 30-year tenure. To comply with the 60% TDSR threshold, a purchaser requires gross monthly income of approximately S$53,000-60,000, translating to annual income of S$636,000-720,000. This income threshold excludes other debt obligations; purchasers with car loans, credit card facilities, or existing property mortgages require proportionally higher income to remain TDSR-compliant. The stringent TDSR requirements mean financing capacity is realistically restricted to individuals in senior executive, professional, or business-ownership roles, effectively narrowing the buyer pool. Purchasers should engage a mortgage broker or financial institution to pre-determine exact lending capacity, as each bank applies TDSR calculations with minor variations and may impose additional serviceability requirements based on employment type and income documentation. The S$7.5M price point, combined with TDSR restrictions, practically positions this property within the owner-occupier or cash-purchase market segment rather than heavily leveraged investor acquisitions.

How does this property compare to other competing terraced developments within Toa Payoh and adjacent districts?

Within Toa Payoh proper, competing inter-terrace options include older stock in Lorong 1A/1B and Lorong 2, typically trading at S$5.5-6.5M for comparable 5-bedroom configurations, though these properties invariably require refurbishment and carry longer-dated leases with accumulated wear. New terraced developments are comparatively scarce within central Toa Payoh, as established areas rarely undergo redevelopment; therefore, brand-new options command measurable premiums reflecting the combination of contemporary design, new-build warranties, and immediate occupancy readiness. Adjacent districts such as Novena (further north) and Serangoon (to the east) offer competing terraced options, though Novena properties typically command 10-20% premiums due to perceived proximity to the city centre and association with the Novena MRT Station upgrade programme. Lorong 1A Toa Payoh, running parallel to Boon Teck Road, hosts several comparable terraces; however, the Boon Teck location benefits from marginally superior MRT proximity and quieter streetscape characteristics. Properties in emerging areas such as Yio Chu Kang or Woodleigh Road offer larger land parcels at lower per-square-foot costs (S$900-1,100 psf), though these compromise on MRT accessibility and neighbourhood maturity. Purchasers evaluating this property should conduct comparative inspections of 2-3 alternate terraces within and adjacent to Toa Payoh to contextualise the S$7.5M valuation against competing layouts, finishes, and positional attributes.

Which unit stack or floor level within this terraced property offers optimal value, and are there specific positioning advantages?

For terraced properties, the optimal value positioning depends on buyer preference rather than conventional apartment-based 'level premium' hierarchies. Upper-floor bedrooms benefit from superior cross-ventilation, enhanced natural light, and reduced street-level noise intrusion, factors particularly valued for master suite positioning and children's bedrooms. Ground-floor living spaces—typically encompassing kitchen, dining, and lounge areas—benefit from direct access to gardens and outdoor entertaining zones, enhancing lifestyle utility for families prioritising outdoor entertaining and children's play areas. Properties with ground-level master bedrooms experience greater privacy from street activity, though some buyers prefer first-floor master positioning to minimise staircase navigation for elderly residents or those with mobility considerations. Corner terraces, if applicable, typically command marginal premiums (2-5%) due to enhanced side exposure and potential for larger windows, though this property's specific stack positioning requires direct inspection to assess orientation. South-facing aspects benefit from consistent daylight throughout the day in Singapore's equatorial context, whilst western exposures may experience excessive afternoon heat gain. The fully furnished specification implies the developer has predetermined bedroom distributions and furniture layouts; purchasers should verify whether specific unit configurations within the stack offer superior spatial proportions or orientation before finalising acquisition decisions. Interior walk-throughs remain essential for evaluating natural light quality and spatial flow, factors not fully evident from floor plans alone.

What is the future supply pipeline for residential developments in Toa Payoh, and could this affect property appreciation potential?

Toa Payoh, as an established satellite town dating to the 1970s, has minimal zoned land available for new residential development; the district is substantially built-out within defined master-plan parameters. The government's de facto policy of constraining new private residential supply in mature estates supports demand stability and reduces the risk of oversupply-driven depreciation, a protective dynamic favouring existing property values. Upcoming residential supply within 1-2 kilometres of Boon Teck Road is negligible; the primary development pipeline centres on commercial mixed-use projects (retail-office combinations) and community facilities rather than additional terraced or apartment stock. The Northern Line and Sentosa Line expansion, scheduled for completion by 2025-2026, may generate modest demand uplift from commuters re-evaluating MRT accessibility, though Toa Payoh's existing infrastructure already captures most MRT-proximity benefits. Potential risks to value stability include large-scale HDB upgrading programmes affecting adjacent areas, which could marginally reduce demand for private housing if residents transition to subsidised public alternatives, though this remains speculative. The established neighbourhood maturity, combined with constrained future supply, creates a relatively favourable backdrop for mid-to-long-term capital preservation and modest appreciation. Purchasers prioritising growth over capital gains might explore emerging areas with higher development pipelines, whilst those seeking stable wealth consolidation benefit from Toa Payoh's restricted-supply characteristic.

5-Bed Terraced House, Boon Teck Rd – S$7.5M Near Toa Payoh