Type

Units

Min Area

Price Range

2 BR

570 sqft

S$3,600/mo

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$3,600.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$720 on this acquisition.
Located 6 min (520 m) from EW8 Paya Lebar MRT Station.

Price Trends & Rental Yield

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D'Weave: A Contemporary Residential Address in Geylang

D'Weave stands as a modern condominium development situated in the heart of Geylang, one of Singapore's most vibrant and evolving residential neighbourhoods. Positioned at 5 Lorong 39 Geylang, the project offers a compelling proposition for homeowners and investors seeking exposure to this established East-side location without the premium pricing associated with more exclusively developed areas. The development's proximity to Paya Lebar MRT station—a mere six minutes' walk or 520 metres away—anchors its appeal for commuters and frequent transit users.

Geylang has undergone considerable rejuvenation over the past decade, transforming from a historically overlooked district into a sought-after residential hub. The neighbourhood's appeal rests on its mature infrastructure, diverse community amenities, and increasingly sophisticated lifestyle offerings. D'Weave arrives at a time when this corridor has proven its staying power, with established hawker centres, medical facilities, and local shopping precincts all within easy reach. For buyers evaluating the longer-term trajectory of their investment, the district's momentum represents a meaningful tailwind.

Location and Transport Accessibility

The six-minute walk to Paya Lebar MRT station (EW8) positions D'Weave residents within one of Singapore's most accessible transport nodes. Paya Lebar sits on the East-West Line, providing direct connectivity to the Central Business District, Marina Bay, and westbound regions including Tampines and Jurong. This straightforward commute profile has historically supported both owner-occupier demand and rental appeal, particularly among young professionals and expatriates working in finance, technology, and professional services sectors based in the CBD or Changi Business Park.

Beyond the MRT, the immediate Geylang neighbourhood supports multiple bus routes, ensuring last-mile connectivity to surrounding developments and commercial nodes. For those with personal vehicles, the Central Expressway and East Coast Parkway are within convenient driving distance, facilitating access to both airport and arterial routes across the island. This multi-modal transport picture has consistently underpinned capital preservation and rental velocity in the East-side residential market.

Unit Composition and Space Standards

D'Weave offers compact residential units designed to maximise functionality within modern living footprints. Available configurations range across multiple bedroom categories, with unit sizes typically spanning between 570 and upwards of 1,000 square feet, depending on bedroom and bathroom count. This variety ensures the development can accommodate diverse resident profiles, from first-time home buyers entering the market to established investors adding to their portfolios. The unit mix reflects contemporary trends favouring efficient layouts with dedicated living zones, integrated kitchens, and purposeful bedroom allocations.

For buy-to-let investors, the smaller footprint units hold particular merit, as the rental market in this precinct has demonstrated consistent demand for affordable, well-located studio and one-to-two-bedroom offerings. Tenants seeking proximity to Paya Lebar station and the Geylang business cluster have historically competed for supply, keeping yields resilient even during market softness.

Investment Potential and Rental Dynamics

D'Weave's location establishes it as a competent rental proposition for investors seeking steady, manageable yield streams without the capital intensity required in central or fringe-central locations. The development's walkability to an MRT station, combined with Geylang's established rental tenant base of young professionals, expatriates, and service workers, creates a predictable demand environment. Rental rates across the Geylang-Paya Lebar corridor have demonstrated relative stability, particularly for units priced accessibly and positioned within five to eight minutes of transport nodes.

Investors should anticipate gross rental yields in the region of 3.5 to 4.5 percent across the development, contingent upon exact unit size, floor level, and prevailing market conditions at time of acquisition. These figures reflect realistic benchmarking against comparable rental stock in the district, accounting for typical tenant profiles and letting cycles. The development's modest unit sizes favour investors seeking lower absolute capital outlay per unit, enabling portfolio diversification across multiple properties.

Market Positioning and Comparative Assessment

The Geylang-Paya Lebar micromarket has historically attracted buyers seeking value relative to nearby developments in Kallang, MacPherson, and Aljunied, which command incrementally higher price points despite comparable amenities and transport access. D'Weave's competitive positioning reflects this equilibrium, with pricing generally tracking in line with recent transactions across comparable footprint and tenure benchmarks. For buyers evaluating per-square-foot metrics, the development sits within the established band for this district, making it a defensible acquisition for owner-occupiers prioritising price stability over speculative appreciation.

Buyers considering resale or refinancing should note that Geylang's valuation benchmarks remain grounded in rental yield and transport accessibility rather than speculative premium, meaning appreciation tends to track inflation and broader market cycles rather than outperforming. This characteristic appeals to pragmatic buyers seeking a secure home or stable-yield asset rather than those hoping for above-market capital growth.

Regulatory and Financing Considerations

Prospective buyers should familiarise themselves with Additional Buyer's Stamp Duty (ABSD) implications. A Singapore Citizen purchasing D'Weave as a second residential property will incur ABSD at the current rate of 20 percent on the purchase price, significantly increasing total acquisition cost beyond standard buyer's stamp duty. For first-time buyers, no ABSD applies, making entry-level acquisition substantially more accessible from a financing perspective. Foreigners and corporate entities face separate ABSD regimes and should consult legal counsel prior to commitment.

Financing headroom for typical D'Weave unit acquisitions remains straightforward given the development's accessible price points. Most banks will readily extend mortgage facilities at prevailing rates for properties in this location and tenure profile, with debt-servicing-ratio thresholds typically accommodated by resident incomes in the target buyer demographic. Buyers should factor total acquisition costs including ABSD, legal fees, and stamp duty when estimating their equity requirement and ongoing carrying costs.

Future District Dynamics and Long-term Outlook

The broader Geylang district continues to benefit from infrastructure investment, with ongoing enhancements to hawker facilities, health and wellness precincts, and community spaces. The Urban Redevelopment Authority's masterplanning for the area emphasises preservation of existing community character whilst facilitating moderate densification, suggesting that surrounding supply growth will remain measured and broadly supportive of stable valuations across established residential addresses like D'Weave.

Long-term appreciation prospects are underpinned by the district's maturity, the MRT station's strategic importance within the East-West corridor, and the evolving demographic profile favouring accessible, well-serviced neighbourhoods over peripheral fringe areas. For buyers with a ten-to-twenty-year investment horizon, D'Weave represents a sensible allocation to a proven, stable-value micromarket with genuine rental demand and predictable demand fundamentals.

Frequently Asked Questions

What rental yield can an investor realistically expect from a D'Weave unit?

Based on comparable rentals across the Geylang-Paya Lebar district, investors should anticipate gross rental yields between 3.5 and 4.5 percent for D'Weave units, depending on exact bedroom configuration, floor level, and prevailing market conditions. This yield range reflects the development's accessible price positioning and demonstrated rental demand from young professionals and expatriates attracted to its MRT-proximate location. Smaller units (studios and one-bedroom) tend to command slightly higher percentage yields due to their lower purchase price per unit, though absolute monthly income per property remains modest. For serious buy-to-let investors, the combination of predictable tenant demand and reasonable gross yield supports a diversified portfolio approach, particularly when deploying capital across multiple units to spread risk and enhance overall portfolio stability.

How do D'Weave's price-per-square-foot metrics compare to recent transactions in Geylang?

D'Weave's per-square-foot pricing aligns with established benchmarks for the Geylang-Paya Lebar precinct, reflecting the development's competitive positioning relative to comparable recent transactions in surrounding addresses. The East-side market has historically traded at lower per-square-foot rates than Central or fringe-Central locations, a differential driven by rental yield fundamentals and buyer demographics rather than material deficiency in location quality. Recent data suggests comparable units in the immediate area transacted at broadly aligned price points, confirming that D'Weave's positioning reflects genuine market equilibrium rather than premium or discount pricing. Buyers evaluating value should cross-reference against recent HDB and condo resale data published by the Singapore Real Estate Exchange, which will provide definitive price-per-square-foot benchmarking against the broader East-side universe.

What is the ABSD impact for a Singapore Citizen buying D'Weave as a second property?

A Singapore Citizen purchasing D'Weave as a second residential property must pay Additional Buyer's Stamp Duty at the current rate of 20 percent on the purchase price, payable at time of completion alongside standard stamp duty and other conveyancing costs. For example, a purchase priced at S$600,000 will incur ABSD of S$120,000, materially increasing total acquisition cost and the required equity deposit or mortgage amount. This 20 percent ABSD rate applies exclusively to second residential properties owned by Singapore Citizens; first-time buyers face no ABSD, and foreign buyers or corporate entities have separate duty schedules. When evaluating affordability and total carrying cost, buyers must factor ABSD into their financing calculations and equity requirements, as it represents a non-recoverable cost at point of purchase and is not rebateable or deductible against future capital gains.

Does D'Weave's leasehold tenure affect long-term resale value or borrowing capacity?

The answer to this question requires confirmation of D'Weave's specific lease tenure, which should be verified against the launch documentation or property registration records. If D'Weave holds a 99-year lease, buyers should monitor lease decay risk, particularly in the context of resale timing twenty or more years forward; properties below eighty years remaining lease typically experience valuation contraction as banks restrict mortgage tenure and investor demand softens. If the development holds a 999-year lease or Freehold status, tenure risk is negligible and should not materially constrain borrowing or resale prospects. For leasehold properties, current mortgage terms remain generous, but buyers planning exits beyond the fifteen-to-twenty-year horizon should factor in potential lease decay dynamics when evaluating long-term capital preservation. Independent legal review of the registered lease terms is essential before commitment.

How does proximity to Paya Lebar MRT station support demand and capital appreciation?

Paya Lebar MRT station (EW8) is one of Singapore's highest-capacity transport nodes, serving as a critical interchange for the East-West Line and an express point for multiple bus routes, making D'Weave's six-minute walk access an exceptionally valuable amenity. This proximity has historically demonstrated measurable impact on rental velocity and capital stability, as tenants and owner-occupiers consistently prioritise MRT-walkable addresses within this price band. The East-West Line itself carries substantial commuter volumes to the CBD and Changi Business Park, supporting consistent demand from working-age professionals. While Paya Lebar's transport capacity alone does not guarantee above-market appreciation, the data consistently demonstrates that MRT-proximate developments in this precinct experience stickier valuations during market downturns and retain premium rental appeal during softness. For risk-averse buyers, this MRT proximity represents genuine structural support for resale flexibility and income resilience.

Which buyer profiles—first-timers, upgraders, HNW investors—is D'Weave best suited to?

D'Weave appeals across multiple buyer cohorts due to its accessible price positioning and compact unit design. First-time buyers find appeal in the lower absolute purchase price, modest mortgage commitments, and established neighbourhood amenities, making entry into home ownership achievable without overextending debt servicing ratios. Upgraders transitioning from HDB to private housing often target accessible condo developments in this price band as a pragmatic stepping stone, valuing the MRT access and rental flexibility for future downsizing. Buy-to-let investors favour the development's yield profile and tenant demand base, particularly when deploying capital across multiple modest units rather than a single larger asset. High-net-worth individuals generally view D'Weave as a satellite holding or diversification play rather than a core portfolio holding, as the absolute capital per unit remains modest and yield contribution proportional. For each profile, the development's clear market positioning and predictable demand fundamentals make it a defensible choice, though investment objectives and time horizons will determine suitability.

What TDSR and mortgage headroom should typical D'Weave buyers anticipate?

Debt-servicing-ratio (TDSR) headroom for D'Weave acquisitions remains robust, given the development's accessible price points and the profile of target buyers, who typically command professional incomes sufficient to service mortgages comfortably within the 60 percent TDSR ceiling. For a unit priced at S$500,000 with a 25-year mortgage at prevailing rates (assume 3.5 to 3.8 percent), monthly repayment typically falls in the range of S$2,400 to S$2,600, implying that buyers with combined household monthly income of S$4,500 or higher will comfortably pass TDSR thresholds. First-time buyers benefit from full mortgage eligibility without ABSD, meaning gross equity requirements are lower, whilst second-property buyers must account for the 20 percent ABSD cost alongside down payment, effectively increasing total capital requirement by approximately S$100,000 to S$150,000 per unit. Banks maintain readily available mortgage products for properties in this location and price band, ensuring competitive interest rates and flexible tenures for qualifying applicants.

How do competing developments near D'Weave compare in pricing and unit offerings?

The Geylang-Kallang-MacPherson corridor hosts several comparable condo developments offering similar accessibility to MRT stations and price positioning, including addresses in nearby precincts that command marginal premiums relative to D'Weave. Developments in Kallang and MacPherson typically trade 5 to 10 percent higher per square foot due to perceived location hierarchy, though transport access and rental demand profiles remain broadly comparable. When evaluating relative value, buyers should cross-reference specific unit configurations, floor layouts, facility amenities, and exact MRT walking distance against competing developments, as these variables materially influence price justification. D'Weave's competitive positioning reflects realistic equilibrium within the East-side market, and buyers should feel confident that comparable units in nearby developments will trade at broadly similar per-square-foot metrics, suggesting that acquisition price represents fair market value rather than speculative opportunity. Independent valuation and comparative analysis across the micromarket are recommended before commitment.

Are specific unit stacks, floor levels, or orientations within D'Weave likely to offer better value retention?

Within D'Weave, mid-stack units (approximately floors four through fifteen) typically command the strongest value retention, as they balance privacy and amenity access without commanding the premium pricing often attached to lower-level or high-floor locations. Mid-stack units also sidestep potential buyer concerns regarding ground-level noise or high-floor wind exposure, making them more universally appealing to future purchasers and tenants. East and north-facing units generally attract modest valuation premiums in the Singapore market due to superior natural light and perceived liveability, though the absolute premium remains modest within condominium stock of this vintage and location profile. Lower-floor units (ground to third floor) may exhibit marginally softer resale demand and tenancy appeal despite pricing advantages, whilst penthouse or very high-floor locations occasionally carry speculative premium pricing not fully supported by user demand. For practical value retention, mid-stack units with eastern or northern orientation represent the optimal balance of affordability, desirability, and future liquidity.

What new supply is planned for Geylang in coming years, and could it pressure D'Weave's resale values?

The Urban Redevelopment Authority's masterplanning for Geylang emphasises controlled, measured densification rather than aggressive new supply expansion, suggesting that future pipeline growth will remain gradual and supportive of existing property valuations. Current or announced projects in the immediate precinct are limited, with most development activity concentrated in the broader East region including Tampines and macroeconomic zones rather than dense infill within established Geylang residential neighbourhoods. This constrained supply outlook is inherently supportive for existing developments like D'Weave, as limited competing new stock will maintain rental demand and capital preservation over a ten-to-twenty-year horizon. Buyers should note that Geylang's maturity and established community character mitigate risks associated with aggressive displacement or speculative oversupply, characteristics that distinguish it from fringe districts where supply pipelines remain substantial. For conservative buyers seeking stable value and predictable demand, the measured supply outlook represents a material positive factor supporting acquisition confidence.

[For Rent] Condominium At 5 Lorong 39 Geylang — From S$3,600