Type

Units

Min Area

Price Range

3 BR

1001 sqft

S$938K – S$1.3M

Property Highlights

HDB development with 5 units currently available.
Prices currently range from S$938K to S$1.3M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$188K on this acquisition.
Located 5 min (450 m) from NE11 Woodleigh 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.

113A Alkaff Crescent: HDB Living Near Woodleigh MRT

Situated along Alkaff Crescent in the heart of Serangoon, 113A Alkaff Crescent represents a well-established housing option for buyers seeking proximity to essential transport links and community facilities. The development benefits from its location within a mature residential neighbourhood that has developed over decades, offering residents a blend of established infrastructure and improved connectivity through the Mass Rapid Transit system.

The development sits approximately 450 metres from Woodleigh MRT station on the North-East Line, making it exceptionally convenient for daily commuters. This proximity places residents within a five-minute walk of a major transport node, facilitating efficient movement across Singapore's wider transport network. The North-East Line itself connects to key employment and commercial districts, including the Central Business District via direct interchange routes at Dhoby Ghaut.

Residential Design and Spaciousness

Units within the development feature well-proportioned living spaces, with options across various bedroom configurations that cater to different household sizes and compositions. The internal layouts maximise usable floor area, typically ranging around 1,000 square feet, providing generous room for family living without excessive maintenance demands. Multiple bathroom facilities within most units reflect modern housing standards and enhance convenience for larger households or multi-generational living arrangements.

The architectural planning of 113A Alkaff Crescent reflects HDB's evolution in residential design, balancing density with livability through thoughtful floor plans and adequate ventilation. Natural lighting is optimised through strategic window placement, whilst the unit depth and width allow for flexible furniture arrangements suitable to contemporary living preferences.

Neighbourhood Character and Community

Serangoon has evolved into one of Singapore's established neighbourhoods, characterised by strong community bonds and comprehensive local facilities. The immediate vicinity surrounding Alkaff Crescent encompasses neighbourhood shops, hawker centres, and traditional markets that serve daily household needs. These grassroots amenities provide authentic, neighbourhood-scale convenience that complements larger shopping malls located slightly further afield.

The area's maturity means established primary and secondary schools are within reasonable distances, making the estate particularly suitable for families with school-age children. Healthcare facilities, including polyclinics and medical centres, have been integrated into the neighbourhood fabric over many years, ensuring residents have accessible health services nearby.

Transport Connectivity and Regional Access

The five-minute walk to Woodleigh MRT station fundamentally transforms the utility of this location for working professionals and families managing multiple destinations. The North-East Line provides rapid connectivity northwards to Sengkang and Punggol new towns, whilst southbound travel reaches the city centre in approximately 20 minutes. This direct connectivity has historically supported strong capital appreciation in properties near MRT nodes, as transport convenience directly influences both rental demand and resale interest.

Beyond the MRT, the estate benefits from comprehensive bus routes that extend coverage to areas not directly served by rail. This multi-modal transport approach reduces dependency on private vehicles, lowering household transport costs and simplifying daily logistics for residents managing school runs, elderly care, or multiple workplace locations.

Market Position and Valuation Context

Properties at 113A Alkaff Crescent are positioned within a competitive price band that reflects their HDB status, established location, and proximity to MRT infrastructure. The price range for available units reflects regional market dynamics, where North-East corridor properties command steadier demand due to sustained population growth in Sengkang and Punggol. HDB properties in established estates near MRT stations have demonstrated resilience during market cycles, maintaining stable resale values relative to properties in more peripheral locations.

The per-square-foot pricing at this location compares favourably to newer HDB launches in adjacent planning areas, offering value-conscious buyers an opportunity to access mature neighbourhood amenities without premium new-launch pricing. This pricing advantage appeals particularly to upgraders transitioning from smaller flats and first-time buyers seeking space and location simultaneously.

Investment and Ownership Considerations

Prospective purchasers should carefully evaluate their ownership intentions, as HDB flats carry specific regulatory frameworks governing resale and rental eligibility. The Minimum Occupation Period (MOP) for HDB flats typically restricts resale to three years from the date of purchase, meaning short-term exit strategies are not viable. Properties at 113A Alkaff Crescent remain subject to standard HDB lease conditions, and buyers should factor lease decay implications into long-term ownership planning.

For investors considering rental income, HDB flats may be rented out after satisfying the MOP, though HDB rental controls limit rental period flexibility compared to private residential investments. The stable tenant demand near MRT stations supports consistent rental yields, though absolute yield percentages depend on individual unit characteristics and prevailing market rental rates.

Financing and Affordability

As an HDB property, units at 113A Alkaff Crescent are eligible for Housing Development Board financing schemes that offer lower interest rates and enhanced eligibility criteria compared to private property purchases. First-time HDB buyers may qualify for HDB housing grants, significantly reducing the cash down payment requirement. This financing advantage makes the development accessible to a broader buyer demographic than comparable private residential options.

Buyers must satisfy Total Debt Servicing Ratio (TDSR) requirements, with most financial institutions applying a threshold of 60% of gross monthly income. At typical price points within this development, TDSR headroom remains generally comfortable for median Singapore household incomes, particularly where dual-income couples are involved.

Comparative Development Landscape

The North-East region hosts several competing HDB estates and private developments, including newer launches in Sengkang and Punggol that emphasise contemporary design and integrated lifestyle amenities. However, 113A Alkaff Crescent's established neighbourhood setting and proven transport infrastructure offer counterbalancing advantages, particularly for buyers prioritising accessibility over architectural novelty. The estate's maturity also means established community networks and schools—advantages that cannot be replicated by new developments still in early occupation phases.

Adjacent private condominiums in the Serangoon area command significantly higher price points, making HDB options at 113A Alkaff Crescent substantially more affordable for similar location benefits. This pricing differential reflects fundamental differences in density, shared facilities, and land tenure, with HDB's 99-year leasehold tenure also distinguished from private freehold or 999-year options.

Buyer Profile Alignment

113A Alkaff Crescent serves diverse buyer profiles with distinct priorities. Upgraders moving from smaller two-bedroom flats find the additional space and improved layouts attractive without overwhelming maintenance requirements. First-time buyers value the financing accessibility and neighbourhood stability, particularly where families are involved. Young professionals appreciate the transport connectivity and cost efficiency, enabling savings accumulation whilst maintaining comfortable living standards. Investors view the location as defensible due to MRT proximity and established demand, though HDB investment returns are typically lower than private residential alternatives.

Future District Development

The North-East corridor is experiencing sustained population growth and infrastructure investment, with ongoing development in Sengkang and Punggol likely to reinforce demand for conveniently-located properties in established estates. However, new HDB supply in adjacent areas may introduce competitive pressure on resale values for older stock, though MRT-adjacent locations have historically shown resilience against such pressures. The district's mature status means major new transport infrastructure is unlikely, but existing MRT connectivity is already optimised and unlikely to diminish.

Frequently Asked Questions

What is the estimated rental yield for HDB units at 113A Alkaff Crescent if purchased as an investment?

Rental yields for HDB properties near established MRT stations typically range between 3% to 5% gross annually, depending on unit configuration and market conditions. Units at 113A Alkaff Crescent benefit from the Woodleigh MRT proximity, which attracts steady tenant demand from working professionals and smaller households seeking mature neighbourhood convenience combined with transport access. However, HDB rental restrictions—including regulations on lease length and tenant eligibility—differ significantly from private residential investments, potentially limiting yield optimisation strategies that are available to private property investors. Prospective investors should also account for HDB's Minimum Occupation Period (MOP) requirement, which restricts resale and rental commencement to three years from purchase, effectively creating a holding period that reduces flexibility compared to private property alternatives.

How does the per-square-foot pricing at 113A Alkaff Crescent compare to recent HDB transactions in Serangoon and adjacent areas?

The per-square-foot pricing at 113A Alkaff Crescent aligns competitively with other mature HDB estates in the Serangoon district, typically reflecting a modest discount relative to newer HDB launches in Sengkang and Punggol. Recent transaction data for established North-East corridor HDB flats suggests pricing between S$1,000 to S$1,150 per square foot depending on storey level, unit age, and proximity to MRT nodes. 113A Alkaff Crescent benefits from established infrastructure maturity and proven transport connectivity, which historically command price stability relative to untested new developments; however, this premium for location and amenity must be weighed against the property's age and potential future lease decay implications. Buyers should compare specific unit configurations—recognising that larger three-bedroom flats represent better per-square-foot value than smaller two-bedroom alternatives in the same project—against similar floor plans in competing estates within walking distance of alternative MRT stations.

What are the Additional Buyer's Stamp Duty implications for a Singapore Citizen purchasing a second residential property at 113A Alkaff Crescent?

A Singapore Citizen purchasing their second residential property at 113A Alkaff Crescent is subject to the current Additional Buyer's Stamp Duty (ABSD) rate of 20%, which applies on top of standard Buyer's Stamp Duty. For a property valued at approximately S$1.08 million, the ABSD liability would total approximately S$216,000, representing a substantial acquisition cost that must be factored into total purchase outlay alongside solicitor fees, surveys, and renovation budgets. This 20% ABSD applies regardless of whether the first property was an HDB flat or private residential unit, and regardless of whether it remains owned or has been sold; the duty is levied on the basis of owning more than one residential property at the time of purchase. Second property buyers should evaluate their financing capacity carefully, ensuring sufficient cash reserves to cover ABSD whilst maintaining adequate emergency funds and avoiding overextension of debt servicing ratios; many financial institutions require evidence of ABSD funds prior to loan approval.

What lease decay risks should HDB buyers at 113A Alkaff Crescent anticipate, and how might this impact resale value?

HDB flats at 113A Alkaff Crescent are subject to a 99-year leasehold tenure, which means lease decay becomes increasingly significant as the property ages beyond 70 to 75 years from the original construction date. Once a lease falls below 60 years remaining, resale value typically decelerates, and buyer financing becomes more constrained as financial institutions reduce loan-to-value ratios for shorter-lease properties. The development's current lease position should be verified during due diligence, as properties acquired second-hand already reflect remaining lease duration; a property with approximately 80 years remaining lease still offers substantial holding potential, whereas flats with lease duration approaching 70 years face material capital appreciation challenges regardless of location or condition. HDB's lease buyback scheme offers partial mitigation, permitting owners to extend their lease beyond 99 years by returning the flat for redevelopment, though the financial benefits of buyback versus natural lease decay should be carefully modelled as part of long-term ownership strategy. Investors and long-term owners must explicitly weigh lease decay against location benefits; whilst Woodleigh MRT proximity supports strong near-term demand, eventual lease expiration creates an absolute time boundary for property utility and resale potential.

How does proximity to Woodleigh MRT station influence demand and capital appreciation for properties at this location?

MRT-proximate properties have historically demonstrated superior capital appreciation and resilience during market downturns, as transport connectivity directly correlates with employment accessibility, rental demand, and buyer preference across Singapore's residential landscape. The five-minute walk to Woodleigh MRT station positions 113A Alkaff Crescent within the 'golden zone' for commuter convenience, making it particularly attractive to working professionals, upgraders managing dual employment locations, and tenants prioritising transport efficiency. The North-East Line's connectivity to the city centre, Orchard district, and various employment clusters ensures sustained demand from a broad tenant and buyer base, which historically supports stable resale valuations even when peripheral estates experience depreciation. However, this MRT advantage is already reflected in current pricing; capital appreciation potential depends on broader market conditions and lease-length dynamics rather than any latent MRT benefit awaiting discovery. Future supply in adjacent planning areas—particularly new HDB launches in Sengkang and Punggol—may exert competitive pressure on older stock, though MRT-adjacent locations have consistently outperformed non-MRT properties in terms of price resilience and tenant stability.

Which buyer profiles are best suited to purchasing at 113A Alkaff Crescent, and what are the key attractions for each segment?

Upgraders transitioning from smaller two-bedroom HDB flats find 113A Alkaff Crescent particularly well-suited, gaining additional bedroom and bathroom space without necessitating a shift to private residential properties with dramatically higher absolute prices and maintenance complexity. First-time buyers benefit substantially from HDB financing accessibility, housing grant eligibility, and the neighbourhood's mature infrastructure—schools, healthcare, hawker amenities—which reduce reliance on external service provisioning. Young working professionals value the transport connectivity and cost efficiency, enabling capital accumulation whilst maintaining comfortable living standards in a well-serviced neighbourhood close to employment hubs. Families with school-age children appreciate the established primary and secondary schools within accessible distances, alongside community networks and grassroots facilities that have developed organically over many years. Investors view MRT-proximate HDB properties as defensive investments with steady tenant demand, though must accept lower absolute yields compared to private residential alternatives and must navigate HDB-specific regulatory constraints on rental periods and tenant eligibility. Retiring couples downsizing from larger private homes may find three-bedroom HDB flats offer unexpected space and accessibility benefits at substantially reduced maintenance burden and cost.

What are typical Total Debt Servicing Ratio headroom and financing options for buyers at this development's price points?

At the approximately S$1.08 million price point common within the development, a 90% HDB loan translates to approximately S$972,000 borrowed, requiring approximately S$6,500 monthly debt servicing at prevailing HDB interest rates around 2.6% to 2.8%. This monthly servicing commitment necessitates a gross household monthly income of approximately S$10,800 to satisfy the standard 60% TDSR ceiling, which remains achievable for dual-income professional couples earning upper-middle-class salaries. Buyers with household incomes below this threshold should consider lower loan-to-value ratios (e.g., 80% loans) to reduce servicing requirements, though this increases cash down payment requirements substantially. HDB financing offers significant advantages over private bank mortgages, including lower interest rates and enhanced eligibility for first-time buyers; however, ABSD obligations for second-property buyers—totalling approximately 20% of purchase price—significantly constrain financing capacity by reducing available cash for down payments and increasing effective total debt. Conservative buyers should model scenarios across multiple interest rate assumptions (e.g., 3.5% to 4.0%), ensuring adequate TDSR headroom survives rate increases without necessitating expenditure reduction or additional income generation.

How does 113A Alkaff Crescent compare to competing HDB developments and private condominiums in the Serangoon area?

Within the HDB segment, 113A Alkaff Crescent competes against other mature estates in Serangoon (such as Serangoon Central and immediately adjacent blocks) on location convenience, unit condition, and architectural layout; newer HDB launches in Sengkang and Punggol offer contemporary design and integrated smart home features, though at similar or premium price points depending on MRT proximity. The development's established neighbourhood status provides advantages over new launches still in early occupation phases, particularly in terms of community maturity, school establishment, and vendor/service ecosystem development. Against private condominium alternatives—notably developments in nearby Macpherson and Tai Keng Heights—113A Alkaff Crescent delivers substantially lower absolute pricing (potentially 40% to 60% below comparable floor areas in private condos) alongside lower maintenance charges, though sacrifices freehold tenure, shared facilities exclusivity, and lifestyle amenities commonly found in premium private developments. For value-conscious buyers prioritising space and location over luxury amenities, the HDB option represents compelling value; for buyers with capacity for premium pricing and preference for investment diversification into private assets, private condominiums offer alternative characteristics including tenure optionality and appreciation potential unconstrained by lease decay dynamics.

Which unit stacks or floor levels offer the best value and lifestyle benefits at 113A Alkaff Crescent?

Mid-level units (approximately floors 8 to 18) typically offer superior value relative to ground-floor and low-rise options, providing natural ventilation, natural light, and urban vistas without the premium pricing commanded by high-floor units; mid-levels also experience materially lower dust and noise exposure compared to street-level flats. Lower-floor units (ground to level 3) naturally command price discounts reflecting reduced light, ventilation, and privacy; however, for elderly residents, mobility-impaired occupants, or families with very young children, lower floors offer genuine practical benefits despite unit-level pricing disadvantages. High-floor units (levels 20 and above, where available) command premium pricing reflecting prestige and panoramic views, though this pricing premium often exceeds the tangible lifestyle benefit and creates sub-optimal per-square-foot value for buyers not explicitly prioritising vistas or status signalling. Corner units throughout the development typically offer superior cross-ventilation and dual-aspect natural light, justifying modest pricing premiums relative to mid-block units of identical size. Strategic buyers should prioritise mid-level, mid-block units as the optimal balance of pricing efficiency and practical livability, reserving premium floor selections for specific lifestyle preferences that justify the additional investment rather than pursuing them as default choices.

What future supply pipeline and district development trends should influence purchase decisions at this location?

The North-East corridor is experiencing sustained population growth and infrastructure investment, with major HDB projects in Sengkang (Sengkang Grand Residences, Fernvale) and Punggol creating new supply that may exert competitive pressure on older estates seeking resale or rental tenants. However, these newer launches typically sit further from existing MRT infrastructure, meaning 113A Alkaff Crescent's five-minute MRT proximity remains a persistent locational advantage unlikely to be replicated by developments in adjacent areas where construction is still in early phases. The district's mature status means major new transport infrastructure—such as new MRT lines—is improbable; existing North-East Line connectivity is already established, optimised, and unlikely to diminish, suggesting stable transport value over decades. Retail and commercial development in the surrounding Serangoon precinct remains incremental rather than transformative, preserving the neighbourhood's established character whilst supporting steady local demand from existing and incoming populations. For long-term owners unconcerned with aggressive capital appreciation, this stability offers confidence that location fundamentals will not degrade; however, investors pursuing rapid gains should recognise that new supply in adjacent precincts may constrain resale value growth, particularly as newer developments achieve occupancy and become viable alternatives for budget-conscious buyers.

Hdb Flat At 113A Alkaff Crescent — From S$938K