Type

Units

Min Area

Price Range

3 BR

1044 sqft

S$1.2M

3 BR (4-Room HDB)

1001 sqft

S$1.1M – S$1.2M

Property Highlights

HDB development with 3 units currently available.
Prices currently range from S$1.1M to S$1.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$218K on this acquisition.
Located 4 min (340 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.

115C Alkaff Crescent: Premium HDB Living in Established Woodleigh

115C Alkaff Crescent represents a compelling opportunity within Singapore's sought-after Woodleigh precinct, a mature residential neighbourhood characterised by tree-lined streets, established community infrastructure, and strong capital growth trajectories. Positioned adjacent to the serene Alkaff Lake Park, this development offers residents direct access to verdant green spaces and the tranquillity that comes with waterfront proximity—a genuine rarity in the heartland property landscape. The estate's mature status translates to fully developed amenities and stable long-term value appreciation, making it particularly attractive to upgraders seeking both lifestyle enhancement and financial soundness.

Units at 115C Alkaff Crescent benefit from thoughtful architectural design that maximises natural ventilation and daylight penetration. North-facing orientations capture consistent morning and midday sunlight without excessive afternoon heat gain, whilst mid-floor positioning optimises both privacy and the unobstructed vistas towards Alkaff Lake Park. The generous floor plates—substantially larger than comparable offerings in newer HDB developments—allow for flexible spatial planning and more generous living quarters, creating a tangible sense of spaciousness that enhances everyday comfort. The inclusion of private balconies represents a significant differentiator; such outdoor space remains uncommon in contemporary public housing and dramatically elevates the property's livability quotient and entertainment capability.

Strategic Location and Transport Connectivity

The development's positioning within Woodleigh delivers exceptional proximity to public transport infrastructure. NE11 Woodleigh MRT Station sits merely four minutes' walking distance away, providing seamless connectivity to the wider island network. From Woodleigh, commuters can reach Dhoby Ghaut in approximately five stops, positioning working professionals and students within reasonable access of the CBD, educational institutions, and commercial hubs across the north-east corridor. This transport efficiency directly underpins sustained demand; properties in close proximity to established MRT nodes consistently demonstrate stronger capital appreciation and rental yields compared to those requiring longer travel times.

Beyond the MRT, the estate benefits from immediate retail and dining accessibility. Woodleigh Mall—situated directly across the road—offers supermarket facilities, dining outlets, and essential services within arm's reach, eliminating the need for extended shopping expeditions. This convenience factor resonates particularly strongly with busy professionals, upgrading families, and retirees seeking low-friction urban living. The surrounding neighbourhood is well-serviced by bus corridors and cycling pathways, further diversifying transport options and reducing dependency on private vehicles.

Educational Institutions and Family Amenities

Families considering units at 115C Alkaff Crescent will find the educational landscape particularly welcoming. Maris Stella Primary School, St. Andrew's Primary School, and Cedar Primary School all sit within one kilometre of the address, providing parents with multiple reputable schooling options within manageable proximity. The presence of established, well-regarded institutions supports strong family demand and underpins property desirability in the longer term. Beyond schools, the mature estate nature means playgrounds, community centres, and family-oriented facilities are already woven into the neighbourhood fabric, creating an environment conducive to child-rearing and multi-generational living.

Property Specifications and Renovation Status

Current stock at the development spans multiple bedroom configurations, with units ranging from compact layouts to more spacious floor plans accommodating diverse household structures. Each offering has undergone thoughtful renovation, with interiors presented in move-in ready condition. This removes the capital outlay and logistical burden associated with renovation works, allowing new owners immediate occupancy and the ability to customise only according to personal preference rather than necessity. The quality of refurbishment evident in current units suggests attentive ownership and maintenance practices that historically correlate with better long-term capital preservation.

Eligibility and Buyer Suitability

The development welcomes buyers across all ethnic groups, aligning with broader public housing accessibility principles. Notably, SPR (Singapore Permanent Resident) eligibility significantly broadens the potential buyer base, including skilled expatriates and their families seeking stable, appreciating housing assets. This expanded eligibility profile supports sustained demand and liquidity in the secondary market, minimising the risk of prolonged sale periods or forced price concessions that might otherwise constrain owners seeking to exit or upgrade.

115C Alkaff Crescent appeals across multiple buyer profiles. First-time purchasers benefit from the established estate context and proximity to essential services, whilst upgraders capitalise on larger floor plates and premium features such as balconies. Investors recognise the rental yield potential anchored by strong demographic demand, proximity to the MRT, and family-friendly amenities that command consistent tenant interest. High-net-worth individuals may view the development as a strategic ancillary asset within a diversified real estate portfolio, appreciating the capital efficiency and stability of a mature, transport-connected location.

Market Context and Investment Perspective

Woodleigh's established maturity positions it favourably within the current property cycle. Unlike emerging estates still building out amenities and facing supply overhang, Woodleigh offers proven scarcity value and a stabilised resident base unlikely to face significant neighbourhood disruption. The proximity to the North-East Line and the spatial qualities of individual units create a compelling risk-reward profile for buyers seeking capital appreciation without excessive volatility or long holding periods before exit.

The HDB market has demonstrated consistent strength across resale transactions, with mature estates in accessible locations capturing steady demand from upgraders and investors alike. Prices reflecting the quality of units at 115C Alkaff Crescent typically hold or appreciate in line with broader economic conditions and transport infrastructure development, particularly given the estate's established status and amenity density. Prospective buyers considering this development as an investment vehicle should factor in rental yield potential linked to the strong demographic profile of surrounding residents and the transportation efficiency that attracts working professionals.

Frequently Asked Questions

What rental yield might I expect if I purchase a unit at 115C Alkaff Crescent as an investment property?

Rental yields for HDB units in established, transport-connected locations such as Woodleigh typically range between 3% and 4.5% gross annually, depending on unit size, condition, and lease tenure. Units at 115C Alkaff Crescent benefit from proximity to NE11 Woodleigh MRT Station, which consistently attracts working professionals and expatriates seeking convenient commutes to the CBD, supporting robust tenant demand. The development's mature estate status, family-friendly amenities, and proximity to schools further enhance lettability, as both young professionals and upgrading families represent reliable tenant cohorts. Prospective investors should obtain recent comparative rental data from their agent and factor in management fees and maintenance costs when calculating net yield.

How does the psf pricing at 115C Alkaff Crescent compare to recent HDB resale transactions in Woodleigh?

Pricing at 115C Alkaff Crescent reflects the quality of interiors, balcony features, and unobstructed views towards Alkaff Lake Park—attributes that typically command a modest premium relative to standard HDB stock in the same precinct. Recent Woodleigh resales have traded in a range reflecting floor level, orientation, and renovation quality, with well-maintained units achieving prices that reward superior finish and location within the estate. The development's proximity to Woodleigh Mall and the MRT station situates it within the more sought-after pockets of the neighbourhood, supporting price resilience. Buyers should request recent comparable sales data from property agents to contextualise current asking prices within the evolving Woodleigh market.

What ABSD implications should a Singapore Citizen consider when buying at 115C Alkaff Crescent as a second residential property?

A Singapore Citizen purchasing a second residential property at 115C Alkaff Crescent will incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% of the purchase price, applied on top of standard stamp duty obligations. For a property trading at S$1.19 million, this represents a substantial additional outlay—approximately S$238,000—that must be factored into total acquisition costs and financing requirements. This ABSD applies regardless of whether the property is intended for personal occupation or investment, making the effective purchase cost materially higher than the advertised unit price. Second-time buyers should consult their conveyancing solicitor and financial advisor to structure their acquisition optimally and assess whether the property's anticipated capital appreciation and/or rental yield justify the ABSD burden over their intended holding period.

As an HDB property, does 115C Alkaff Crescent face lease decay risk, and how might this affect long-term resale value?

HDB units are issued on 99-year leasehold terms, which means all units at 115C Alkaff Crescent will experience gradual lease depreciation as the unexpired tenure declines below 80 years. The pace of value erosion accelerates materially once a lease falls below 30 years, at which point refinancing and resale become increasingly challenging and prices adjust downward to reflect the reduced economic tenure. Buyers purchasing today should calculate the approximate lease expiry date and factor in the anticipated decline in property value relative to freehold comparables as the lease matures. However, the HDB resale market has historically demonstrated significant resilience during earlier lease phases, and government policies such as lease extension schemes may provide mitigation options in future decades. Prospective long-term owners should view HDB investment with a medium-to-long-term horizon and remain informed of any forthcoming policy changes regarding lease management and extension.

How does proximity to Woodleigh MRT Station influence demand and capital appreciation for units at 115C Alkaff Crescent?

Transport connectivity remains one of the strongest drivers of capital appreciation and rental demand in Singapore's property market, and the four-minute walking distance to NE11 Woodleigh MRT Station positions 115C Alkaff Crescent within the most coveted microlocations of the estate. Properties within 400–500 metres of established MRT nodes consistently attract premium valuations and experience faster appreciation during market upswings compared to those requiring longer commute times. The North-East Line's connectivity to key employment and educational hubs across the north-east and central island enhances the development's appeal to working professionals and students, supporting stable tenant interest and owner demand. Future transport infrastructure improvements—such as potential interchange enhancements or additional lines—could further strengthen this advantage, whilst any transport disruptions during maintenance would have only temporary impact given the established alternative connectivity.

What buyer profiles are best suited to 115C Alkaff Crescent—first-timers, upgraders, or investors?

115C Alkaff Crescent appeals across multiple buyer profiles, each for distinct reasons. First-time buyers benefit from the established estate maturity, proximity to essential services, and the fact that units arrive renovation-ready, eliminating the capital outlay and execution risk associated with major works. Upgraders—typically young families seeking more spacious accommodation as household sizes increase—find the generous floor plates and balcony features particularly compelling compared to contemporary developments. Investors recognise the strong rental yield potential anchored by proximity to the MRT, family amenities, and a stable demographic cohort of young professionals and upgrading families. High-net-worth individuals may view units as strategic ancillary assets within a diversified portfolio, appreciating both the capital efficiency and the estate's established stability. Property agents can help segment suitable buyer personas and pitch the development's advantages accordingly.

What TDSR and financing headroom should I expect at typical price points for units at 115C Alkaff Crescent?

The Total Debt Servicing Ratio (TDSR) framework typically allows borrowers to commit up to 60% of gross monthly income to total debt servicing obligations, including housing loans and other liabilities. For a unit at 115C Alkaff Crescent priced around S$1.19 million, assuming a 90% LTV (Loan-to-Value) mortgage of approximately S$1.071 million financed over 30 years at prevailing HDB lending rates of roughly 2.6%, monthly repayments would approximate S$4,300. Prospective buyers require gross monthly household income of approximately S$7,200 to comfortably service this debt whilst maintaining TDSR compliance and financial headroom for other obligations. Buyers with higher debt loads (credit cards, car loans, student loans) will face tighter constraints and may need to target lower-priced units or increase down-payment contributions to reduce the loan quantum. Consulting a mortgage broker or bank representative early in the purchase journey enables accurate assessment of personal financing capacity.

How does 115C Alkaff Crescent compare to nearby competing HDB developments in terms of features, pricing, and value?

Woodleigh and surrounding Serangoon area neighbourhoods host several competing HDB developments at varying maturity stages. Compared to newer estates, 115C Alkaff Crescent offers mature neighbourhood amenities, established community infrastructure, and the rare feature of private balconies—attributes commanding modest premiums. Relative to older stock, the current refurbished condition and generous floor plates provide better value than comparable aged properties requiring significant renovation investment. The waterfront proximity to Alkaff Lake Park and the unobstructed vistas represent distinct advantages absent in many alternative Serangoon options, supporting the development's competitiveness. Buyers should conduct systematic comparison across unit sizes, asking prices, orientation, floor levels, and renovation quality across nearby alternatives to contextualise value. Property portals and recent transaction records provide benchmarking data enabling informed decision-making.

Are certain unit stacks or floor levels at 115C Alkaff Crescent better positioned for value retention and appeal?

Mid-to-upper floor levels typically command premium valuations relative to ground and lower floors, reflecting enhanced privacy, superior natural ventilation, and reduced noise and dust exposure from surrounding streets and common areas. Mid-floor units (typically floors 5–8) represent the optimal balance between such amenities and the premium commanded by higher levels, often delivering better value per dollar of purchase price. Units with north-facing orientation benefit from consistent daylight without excessive afternoon heat gain, enhancing both comfort and energy efficiency—attributes valued by owner-occupiers and investors alike. Units with direct views of Alkaff Lake Park command sustained demand and stronger rental appeal compared to those overlooking common areas or neighbouring blocks. Buyers should inspect multiple unit stacks and floor levels personally, assessing daylight, noise levels, and views before final selection to ensure alignment with personal lifestyle preferences and long-term value appreciation expectations.

What future supply pipeline risks exist for HDB developments in the Serangoon–Woodleigh district?

The Serangoon–Woodleigh precinct represents a mature, largely built-out residential area with limited significant new public housing projects anticipated in the near-to-medium term, meaning supply scarcity should support price resilience and capital appreciation for existing stock. The district's established status and maximal infrastructure utilisation reduce the likelihood of oversupply events that might depress valuations elsewhere in less mature estates. However, government housing policy evolution and demographic shifts could influence demand trajectories—for instance, if younger cohorts increasingly pursue private condominium stock or relocate to growth districts. Prospective buyers should monitor official HDB and URA announcements regarding any planned estate rejuvenation, intensive redevelopment, or major infrastructure disruptions that might temporarily suppress prices or livability. Long-term, the combination of established amenities, proven transport connectivity, and limited competing supply positions the Woodleigh area favourably relative to many alternative HDB options.

Hdb Flat At 115C Alkaff Crescent — From S$1.1M