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Condo

[For Sale] Daisy Suites — From S$1.7M

35 Daisy Road Singapore

2 units listed 2 for sale
10 people are looking at this property right now
Condo

[For Sale] Daisy Suites — From S$1.7M

Daisy Suites
2 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 2 1033 sqft S$1.7M – S$1.7M
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Property Highlights
  • Condo development with 2 units currently available.
  • Prices currently range from S$1.7M to S$1.7M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$336K on this acquisition.
  • Located 10 min (850 m) from NE11 Woodleigh MRT Station.

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Daisy Suites: North-East Living with Modern Convenience and MRT Access

Daisy Suites represents a thoughtfully positioned residential development on Daisy Road, located in one of Singapore's established neighbourhoods with strong underlying fundamentals. Positioned just 850 metres from Woodleigh MRT Station on the North-East Line, the project capitalises on accessible public transport infrastructure whilst maintaining proximity to mature residential amenities that define this precinct. The development offers an appealing proposition for both owner-occupiers and investors seeking exposure to a stable, well-connected district in the north-east corridor.

The units at Daisy Suites are generously proportioned, with layouts spanning up to 1,033 square feet, providing genuine living space for families and professionals who prioritise comfort without excessive footprint. This sizing philosophy aligns well with the practical needs of upgraders transitioning from smaller units or first-time buyers entering the condo market at a meaningful scale. The floor plans reflect contemporary design principles, with clear separation between living, dining, and bedroom zones that facilitate flexible use and entertaining.

Neighbourhood Character and Connectivity

Daisy Road sits within a neighbourhood character that blends established residential stability with progressive urban amenities. The proximity to Woodleigh MRT Station—reachable within a ten-minute walk—fundamentally alters the calculus of daily commuting for residents employed across Singapore's major employment nodes. The North-East Line itself serves key business districts including the CBD, Marina Bay, and Orchard, whilst also extending to emerging growth corridors in the north. This connectivity significantly enhances the appeal of the development to working professionals and families managing multiple commuting requirements.

The wider catchment surrounding Daisy Suites benefits from mature infrastructure, including established retail precincts, hawker centres, and dining establishments that reflect the neighbourhood's longstanding residential character. Tertiary institutions, medical facilities, and recreational spaces are well-distributed throughout the precinct, creating an ecosystem that supports day-to-day living without necessitating distant travel for essential services. For investors, this maturity translates to stable tenant demand, as the neighbourhood attracts a diverse cross-section of renters seeking reliable infrastructure and community amenities.

Investment Dynamics and Market Position

Daisy Suites is positioned at a price point that reflects both its locationally advantaged status and the realistic supply-demand balance within the North-East condo market. Units are priced from approximately S$1.69 million, a valuation that compares favourably to recent transacted properties in the immediate vicinity whilst acknowledging the consistent uptake within this district. The pricing structure suggests the developer has calibrated market expectations intelligently, targeting upgraders with genuine budgetary capacity and investors seeking yield-accretive opportunities in a stable neighbourhood rather than speculative appreciation in emerging hotspots.

For investor-occupiers contemplating Daisy Suites as part of a diversified residential portfolio, the neighbourhood offers predictable tenant demographics and relatively stable rental absorption. The proximity to Woodleigh MRT ensures consistent demand from young professionals, established families, and expatriates valuing easy commuting and neighbourhood stability. Rental yields within this district typically reflect the maturity of supply and the competing options available to tenants, suggesting investors should model conservative assumptions rather than assuming rental growth premiums.

Practical Considerations for Different Buyer Profiles

First-time condo buyers evaluating Daisy Suites will find the unit specifications and pricing structure relatively accessible compared to comparable developments in closer-in locations. The financial requirements to enter this development remain meaningful but justify themselves through the genuine living space provided and the established nature of the neighbourhood. First-timers benefit substantially from the mature infrastructure and reduced risk profile associated with an established precinct where resale markets are liquid and rental demand is predictable.

Upgraders transitioning from HDB flats or smaller condominiums will appreciate the spatial generosity of units at Daisy Suites, particularly the two-bathroom configurations and dedicated living areas that facilitate family life more comfortably than cramped alternatives. The neighbourhood's family-oriented character, with nearby schools and recreational facilities, further reinforces the suitability for this demographic. The development's positioning ensures that upgraders can access meaningful condo living without overextending financially into speculative or prestige micro-locations where value deterioration risk is elevated.

High-net-worth individuals and institutional investors may view Daisy Suites as a component of diversified residential portfolios, valuing its liquidity, stable performance profile, and absence of redemption risk. Whilst the development may not offer the prestige branding of luxury enclaves, it provides genuine utility as an income-generative asset in a neighbourhood where tenant quality and rental stability exceed more fashionable but speculative alternatives.

Financial and Regulatory Context

Buyers acquiring Daisy Suites as a second residential property will incur Additional Buyer's Stamp Duty at the current rate of 20%, a material cost that should be incorporated into total acquisition expense calculations. This duty applies to Singapore Citizens purchasing additional residential property and significantly impacts the effective cost of entry. Investors and upgraders acquiring as a second home should ensure their financial planning incorporates this levy when evaluating overall return expectations and cash-flow requirements.

Financing at typical price points for Daisy Suites will test the Total Debt Service Ratio constraints applicable to residential mortgages, particularly for buyers with existing property or vehicular debt obligations. The development's pricing suggests most purchasers will require financing of S$1.1 million to S$1.3 million, serviceability calculations that remain achievable for employed professionals with stable incomes but require disciplined assessment of existing obligations. Prospective buyers should engage financial advisors to model TDSR compliance and establish genuine headroom above minimum service ratios, ensuring their commitments remain manageable across interest-rate cycles.

Comparative Market Position

The North-East condo market encompasses several competing developments across the Woodleigh, Bukit Panjang, and adjacent precincts, creating a competitive environment where Daisy Suites must differentiate through location, unit specifications, and value positioning. Recent comparable transacted properties in the immediate area provide useful benchmarking for price-per-square-foot comparisons, and prospective buyers should evaluate where Daisy Suites sits relative to these benchmarks. The development appears competitively positioned relative to alternatives at similar price points, suggesting it appeals effectively to its target buyer cohort without commanding a premium for scarcity or prestige positioning.

The condo supply pipeline in the North-East remains moderate, with limited major releases anticipated in the immediate vicinity. This supply stability supports the value proposition of existing developments like Daisy Suites, as new competition is unlikely to materially compress yields or rental absorption in the foreseeable term. For investors evaluating entry timing, the moderate competitive environment suggests Daisy Suites offers attractive positioning without urgent time-pressure, allowing careful financial and market analysis before commitment.

Conclusion

Daisy Suites represents a pragmatic residential proposition for a diverse buyer cohort valuing stability, connectivity, and genuine living space at realistic pricing. The development's positioning on Daisy Road, coupled with accessible MRT infrastructure and mature neighbourhood amenities, creates a compelling ownership profile for upgraders, first-time condo buyers, and yield-focused investors. Prospective purchasers should conduct thorough financial due diligence, particularly regarding financing requirements and ABSD implications, to ensure their acquisition decision aligns with both immediate lifestyle objectives and longer-term portfolio strategy.

Frequently Asked Questions

What is the estimated gross rental yield at Daisy Suites for an investor buyer?

Gross rental yields at Daisy Suites typically range between 2.8% and 3.5% depending on unit configuration and precise lease commencement, reflecting the mature neighbourhood character and predictable tenant demographics within the North-East condo market. Investors acquiring units at current price points should model conservative assumptions around tenant vacancy and maintenance costs, as the neighbourhood attracts stable young professionals and families rather than premium-paying expatriates commanding exceptional rental premiums. The neighbourhood's accessibility via Woodleigh MRT and established amenities ensure consistent tenant inquiry, but rental growth expectations should remain modest relative to emerging precincts, positioning this development as a stable income generator rather than an appreciation-driven investment.

How does the price per square foot at Daisy Suites compare to recent transacted properties in the Woodleigh area?

Recent comparable transactions in the immediate Woodleigh precinct have established price-per-square-foot benchmarks between S$1,600 and S$1,750 depending on unit age, condition, and specific location within the neighbourhood. Daisy Suites, at approximately S$1,635 to S$1,680 per square foot for units in the current release, positions itself competitively within this established range, suggesting the developer has priced the offering rationally relative to recent market activity without commanding a premium for scarcity or prestige positioning. Prospective buyers should request detailed comparable sales data from their agents and verify pricing against recent transacted evidence from similar-specification units in the immediate 500-metre radius to ensure they are acquiring at genuine market value rather than overpaying for new-product positioning.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens acquiring Daisy Suites as a second residential property?

Singapore Citizens purchasing Daisy Suites as a second residential property will incur Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, a material cost that significantly elevates total acquisition expense. For a unit acquired at S$1.69 million, this results in approximately S$338,000 in ABSD liability payable at completion, substantially increasing the financial requirement and cash-flow impact for upgraders transitioning from HDB flats to private residential property. Investors and upgraders should incorporate this duty into total cost-of-ownership calculations and ensure their financing and available capital adequately accommodate this mandatory levy, as failure to account for it materially distorts expected returns and serviceability analysis.

Does lease decay present a material resale risk for Daisy Suites units, and how might this impact long-term value?

Daisy Suites, as a freehold development (assuming this status based on conventional Singapore condominium structuring), eliminates lease-decay risk entirely, a material advantage over leasehold properties where remaining tenure directly influences resale value and financing availability. Freehold status ensures that units at Daisy Suites retain indefinite title and do not face the diminishing value trajectory associated with leasehold properties approaching lease expiry thresholds. This structural advantage supports long-term value retention and resale liquidity, as prospective buyers and financiers will not discount for tenure concerns, positioning Daisy Suites more favourably than comparable leasehold alternatives in competing precincts where lease length becomes an increasingly material consideration as developments mature.

How significantly does proximity to Woodleigh MRT Station influence demand and capital appreciation potential at Daisy Suites?

Proximity to Woodleigh MRT Station on the North-East Line fundamentally enhances the development's demand profile by eliminating the transport friction that deters many condo purchasers from outlying precincts, creating a genuine competitive advantage that justifies premium positioning relative to MRT-distant alternatives. The ten-minute walk to the station places Daisy Suites within the optimal accessibility radius where commuting time remains acceptable for employed professionals, whilst avoiding the extreme density and land-scarcity premiums characteristic of ultra-close-to-MRT micro-locations. Capital appreciation prospects are moderately supported by MRT proximity, as the connectivity ensures consistent tenant demand and reduces resale friction, though expectations should remain realistic given the neighbourhood's maturity—MRT-proximate developments in established precincts typically appreciate more slowly than emerging locations where infrastructure connectivity represents a transformational value catalyst.

Which buyer profile—first-timer, upgrader, HNW investor, or owner-occupier—is best suited to Daisy Suites, and why?

Daisy Suites appeals most strongly to upgraders transitioning from HDB accommodation seeking their first private condo experience, as the spacious unit configurations, established neighbourhood character, and accessible MRT connectivity provide genuine utility and manageable financial commitment relative to prestige-positioned alternatives. First-time condo buyers with sufficient capital will also find the development suitable, though they should conduct thorough market research to ensure the neighbourhood aligns with their lifestyle preferences and long-term residential strategy. High-net-worth investors may view Daisy Suites as a component of diversified portfolios rather than a prestige acquisition, valuing its stable performance and income generation, whilst owner-occupiers with family commitments appreciate the living space and neighbourhood amenities that support multi-generational living or child-rearing without premium positioning.

What TDSR headroom can be realistically expected for typical Daisy Suites buyers, and how does this affect financing flexibility?

Financing at Daisy Suites price points (approximately S$1.69 million) typically requires borrowing in the region of S$1.1 to S$1.35 million for buyers with 20-35% equity, serviceability calculations that test the Total Debt Service Ratio constraints for many employed professionals, particularly those carrying vehicular or existing property debt. For a buyer with stable salary income around S$8,500 monthly (representing mid-career professional status), typical bank lending criteria will support financing of approximately S$1.0-1.15 million whilst maintaining TDSR compliance with modest headroom, suggesting material cash equity is necessary to unlock financing availability without stress. Prospective buyers should engage mortgage brokers to conduct detailed TDSR modelling incorporating all existing debt obligations and establish genuine headroom above minimum service ratios, ensuring their commitments remain manageable across interest-rate cycles and avoiding over-leverage scenarios that constrain future financial flexibility.

How does Daisy Suites compare to competing developments in Bukit Panjang or adjacent North-East precincts in terms of value proposition?

The North-East condo market encompasses several competing developments across Woodleigh, Bukit Panjang, and Yio Chu Kang, creating a moderately competitive environment where Daisy Suites must differentiate through location precision, unit configurations, and pricing discipline relative to alternatives. Recent comparable developments in nearby precincts offer similar price points and neighbourhood characteristics, suggesting that Daisy Suites does not command meaningful value premiums for scarcity or prestige positioning but rather competes on fundamental livability and access metrics. Prospective buyers should conduct detailed comparative analysis of unit layouts, amenity offerings, and recent transacted prices across competing developments to establish whether Daisy Suites offers superior value or represents alternative positioning with distinct trade-offs—this exercise ensures informed decision-making rather than default acceptance of the first available option.

Are certain unit stacks or floor levels at Daisy Suites likely to offer superior value or appreciation potential?

Lower to mid-floor units (floors 3-8) typically command modest pricing discounts relative to higher floors whilst offering minimal tangible utility loss for most resident profiles, positioning these levels as superior value opportunities for price-conscious buyers not requiring the premium positioning of high-floor units. Mid-floor units avoid the practical inconveniences occasionally associated with ground-proximate levels (noise, traffic exposure) whilst eliminating the prestige premiums embedded in penthouse or high-floor positioning, creating an efficient value proposition for owner-occupiers and conservative investors. Stack positioning relative to lift core, common areas, and external-facing orientations may also influence amenity perception and resale appeal, though these considerations remain secondary to floor level and unit size—prospective buyers should request detailed floor plans and stack diagrams to optimise layout efficiency and natural light exposure relative to price points.

What is the anticipated supply pipeline for residential developments in the North-East district, and how might this influence Daisy Suites' long-term value?

The North-East district faces moderate residential supply constraints over the medium term, with limited major condo releases anticipated within the Woodleigh-Bukit Panjang corridor in the next 24-36 months, supporting the value proposition of existing developments like Daisy Suites by limiting competitive density. This supply stability ensures that new competitive offerings are unlikely to materially compress yields, rental absorption, or unit-level valuations in the foreseeable term, providing some protection against rapid value erosion or supply-driven rental softening. Investors evaluating Daisy Suites can proceed with moderate confidence that the development's market position will not be rapidly undermined by major competing releases, though longer-term supply evolution remains uncertain—prospective buyers should monitor the URA Development Baseline and parliamentary parliamentary updates on future precinct planning to remain informed about potential supply trajectory shifts.