Google
Condo

[For Sale] Condominium At 73 Woodgrove Avenue — From S$998K

73 Woodgrove Avenue

1 for sale
16 people are looking at this property right now
Condo

[For Sale] Condominium At 73 Woodgrove Avenue — From S$998K

Condominium At 73 Woodgrove Avenue
1 Units To Buy
For Sale
Type Units Min Area Price Range
2 BR 1 700 sqft S$998K
Map
360° Street View
Building & Area Photos
Loading photos…
Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$998K.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$200K on this acquisition.
  • Located 13 min (1.11 km) from NS9 Woodlands MRT Station.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

By submitting, you agree that Singapore Property may contact you about this and similar properties.

Woodhaven: A Compelling Residential Opportunity in Woodlands

Woodhaven stands as a residential development located at 73 Woodgrove Avenue, positioned within the heart of Woodlands—one of Singapore's most established and family-oriented residential districts. The project offers a curated selection of condominium units designed to appeal to a broad spectrum of homebuyers, from first-time purchasers entering the property market to seasoned investors diversifying their portfolios and owner-occupiers seeking their next residential upgrade.

The development's strategic positioning near Woodlands MRT Station (NS9) represents a significant advantage for prospective residents. Situated just 1.11 kilometres away, the station provides seamless access to the broader North-South Line network, connecting residents to the Central Business District, medical facilities at Mount Elizabeth, and key employment corridors across the island. This transit proximity enhances both daily commuting convenience and long-term capital appreciation potential, as MRT-adjacent properties traditionally command stronger demand and retain resilience during market cycles.

Location and Neighbourhood Character

Woodlands has matured into a self-contained township offering comprehensive amenities within walking distance. The vicinity encompasses established shopping centres, primary and secondary schools serving multiple education boards, healthcare facilities, and extensive recreational spaces including parks and community centres. This well-rounded environment appeals particularly to families and professionals seeking a balanced lifestyle away from the intensity of central locations whilst maintaining efficient connectivity to workplaces and services across Singapore.

The North Region itself has experienced sustained development momentum, with consistent infrastructure upgrades and ongoing housing projects reinforcing its appeal as a long-term investment corridor. Woodhaven's positioning within this context positions it favourably relative to neighbourhoods further north, where MRT accessibility remains more limited and amenity density is lower.

Unit Composition and Price Range

Woodhaven features a range of floor plans and configurations to accommodate varying household compositions and buyer requirements. Units commence from approximately S$998,000, reflecting accessible entry pricing into a well-serviced locality. The diversity of available units—spanning different bedroom counts and floor areas—ensures flexibility for different buyer personas, whether seeking a compact investment property, a starter home for young professionals, or a larger family residence.

Pricing within the development aligns competitively with comparable developments in the surrounding North Region, particularly when factoring in proximity to MRT infrastructure and the maturity of local amenities. This positioning makes Woodhaven an attractive consideration for buyers evaluating value-for-money propositions in established residential precincts.

Investment and Ownership Considerations

For investor purchasers, the development's location and unit diversity present multiple pathways to rental income generation. Woodlands attracts a stable tenant base comprising young professionals, relocating families, and international residents seeking well-connected, amenity-rich residential options. The proximity to Woodlands MRT Station enhances rental demand, as tenants prioritise transit convenience when selecting rental properties in the suburbs.

Owner-occupiers benefit from the neighbourhood's established character and comprehensive infrastructure, which supports property value retention and steady capital appreciation over extended holding periods. The balance of new supply and existing stock in Woodlands remains measured, reducing the risk of oversupply-driven value compression.

Accessibility and Connectivity

The 1.11-kilometre distance to Woodlands MRT Station translates to approximately a 15-minute walk or a short bus ride, making public transit highly accessible for most residents. This accessibility profile compares favourably to many suburban developments, where distances to the nearest MRT exceed two kilometres or more. Enhanced connectivity supports higher resident satisfaction, stronger rental metrics, and sustained capital appreciation.

Beyond the North-South Line, Woodlands residents benefit from extensive bus routes, private vehicle access via well-maintained road networks, and proximity to arterial roads connecting to expressways serving other regions.

Market Position and Competitive Context

Woodhaven competes within a segment of North Region developments ranging from established older stock to newer launches. Its entry pricing and location advantages position it as an accessible option for price-conscious buyers who do not wish to compromise on MRT proximity or neighbourhood amenities. Compared to developments further from transit nodes or in less mature areas, Woodhaven offers superior accessibility and established infrastructure at reasonable pricing levels.

The development also appeals to downsizers from central locations seeking more spacious accommodation at lower price points, and to upgraders from Housing Development Board flats targeting their first private residential purchase.

Forward-Looking Market Dynamics

The Woodlands area continues to attract development interest, with the Urban Redevelopment Authority's planning framework supporting measured residential growth. However, the pace of new supply remains constrained by limited available land, supporting relative price stability. First-time buyers and investors alike can approach property acquisition at Woodhaven with confidence that the neighbourhood will continue evolving as a desirable residential locale.

Long-term fundamentals supporting the North Region remain intact, including continued government investment in infrastructure, education, and healthcare, as well as steady demographic demand from growing household formations.

Frequently Asked Questions

What is the estimated rental yield for an investment property at Woodhaven?

Whilst individual yields depend on specific unit configuration, floor level, and market-entry price, Woodlands properties generally achieve gross rental yields in the 3.0–3.8% range based on typical asking rents and purchase prices at comparable North Region developments. Units at Woodhaven, positioned close to Woodlands MRT Station, benefit from consistent tenant demand from young professionals and families prioritising transit connectivity. Given the entry price point commencing around S$998,000 and typical rental rates for comparable two-bedroom units in the precinct, owner-investors can expect yields within this established band, though actual returns depend on the precise unit purchased, lease negotiation, and management efficiency. The stable, well-amenitied character of Woodlands supports sustained occupancy and rental resilience across market cycles.

How does Woodhaven's pricing per square foot compare to recent transactions in the Woodlands area?

Published transaction data for Woodlands properties over the past 24 months indicates a typical price-per-square-foot range of approximately S$1,350–S$1,550 for leasehold and freehold condominiums in proximity to MRT stations. Woodhaven's entry pricing around S$998,000 for available units suggests per-unit floor areas in the region of 650–700 square feet, implying a price-per-square-foot positioning within this established range. This benchmarking indicates that Woodhaven is priced competitively relative to comparable developments in the immediate vicinity, particularly when factoring in the development's proximity to Woodlands MRT and the maturity of local amenities. Buyers should note that pricing varies by floor level, unit configuration, and specific location within the development, with premium levels commanding proportionally higher per-square-foot valuations.

What is the Additional Buyer's Stamp Duty (ABSD) liability for a Singapore Citizen purchasing a second residential property at Woodhaven?

A Singapore Citizen purchasing a second residential property is liable for Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price. For a property purchased at S$998,000, this equates to ABSD payable of S$199,600, in addition to standard Buyer's Stamp Duty of 1–4% depending on price bands. Total stamp duty liability for a S$998,000 second residential purchase therefore reaches approximately S$219,600–S$219,800. This represents a material cost component in the total outlay and should be factored into investment decision-making and financing requirements. Second-time buyers should ensure adequate liquidity to cover ABSD alongside mortgage deposits, legal fees, and refurbishment costs, as many lenders do not extend financing to cover stamp duty liabilities.

Is there a lease decay risk for Woodhaven units, and how might this affect resale value?

The lease tenure structure at Woodhaven—whether freehold or leasehold—materially influences long-term value dynamics and resale appeal. If the development is offered on a leasehold tenure, buyers should clarify the remaining lease length, as properties with leases falling below 80 years face increasingly restricted lending eligibility and weakened resale demand. Leasehold properties in Singapore with tenures below 70 years typically experience value compression as lenders tighten financing parameters and buyer pools shrink. Freehold units, by contrast, avoid this lease-decay risk and retain stronger capital appreciation profiles and resale flexibility. Prospective purchasers should obtain definitive lease tenure information from legal conveyancing documents before committing to purchase, as tenure structure significantly influences both immediate financing options and long-term wealth preservation.

How does proximity to Woodlands MRT Station (NS9) influence property demand and capital appreciation at Woodhaven?

Properties within one to two kilometres of MRT stations consistently demonstrate stronger capital appreciation, higher rental demand, and superior resilience during market downturns compared to non-transit-proximate alternatives. Woodhaven's positioning just 1.11 kilometres from Woodlands MRT Station (NS9) places it within this high-demand envelope, attracting owner-occupiers and investors who prioritise commuting convenience and lifestyle accessibility. The NS9 connection to the North-South Line provides direct routing to business districts, healthcare clusters, and tertiary institutions, reinforcing sustained demand from diverse buyer and tenant segments. Developers and market analysts recognise that 'transit premium' pricing—whereby properties command 10–20% premiums relative to non-MRT-adjacent comparables—applies across Woodlands and the broader North Region. As Singapore's public transport network matures and congestion on roads intensifies, proximity to MRT infrastructure becomes increasingly valued, supporting long-term appreciation trajectories.

Which buyer profiles are best suited to Woodhaven, and why?

Woodhaven appeals to multiple distinct buyer personas. First-time homebuyers benefit from the development's accessible entry pricing around S$998,000 and proximity to MRT infrastructure, which supports mortgage serviceability and long-term property appreciation without requiring exposure to remote or underdeveloped precincts. Upgraders transitioning from Housing Development Board flats find the extra space, private facilities, and mature neighbourhood amenities compelling relative to central-location alternatives at significantly higher price points. Young professional investors and yield-focused purchasers recognise the rental demand generated by Woodlands' employment clusters and the stable tenant base within transit-proximate suburbs. Downsizers from central condominiums seeking more spacious accommodation at lower capital outlay discover Woodhaven's value proposition attractive. High-net-worth individuals utilising the development as a strategic portfolio diversification or generational holding also find the North Region's stability and long-term fundamentals appealing relative to market-cycle volatility in overheated central precincts.

What TDSR and financing headroom can typical buyers expect at Woodhaven's price points?

Total Debt Servicing Ratio (TDSR) regulations cap housing loan obligations at 60% of gross monthly income, whilst prudent lenders typically target 50–55% TDSR to provide financial flexibility. For a property priced around S$998,000 with a 70% loan-to-value mortgage (approximately S$699,000), monthly servicing at prevailing rates of approximately 4.0–4.25% equals roughly S$2,975–S$3,125 per month. A buyer would require gross monthly income of approximately S$5,450–S$6,250 to maintain 55% TDSR, equating to annual income of S$65,400–S$75,000. This illustrates that professionals earning in the upper-middle-income brackets can comfortably access financing, whilst first-time buyers with dual incomes often satisfy these thresholds. Actual loan approval depends on lender assessment of individual credit history, employment stability, and existing debt obligations. Buyers should arrange pre-approval from their preferred lender before formal purchase offers to clarify precise financing capacity and avoid disappointment during the transaction process.

How does Woodhaven compare to nearby competing developments in the North Region?

The North Region encompasses several competing condominium developments offering varying price points, proximity to MRT infrastructure, and amenity profiles. Developments further north of Woodlands typically feature lower entry pricing but reduced MRT accessibility and less mature shopping, dining, and leisure ecosystems. Developments south of Woodlands, by contrast, command price premiums reflecting proximity to more intensive amenity clusters and central connectivity. Woodhaven's positioning within Woodlands itself—an established, fully-amenitised township with strong MRT connectivity—represents a middle-ground offering higher accessibility than remote northern suburbs whilst maintaining more accessible pricing than older, central-location stock. Compared to launches in Sembawang, Yishun, or Bukit Panjang, Woodhaven offers superior MRT proximity; compared to developments in Ang Mo Kio or Toa Payoh, it provides lower acquisition costs. This positioning attracts buyers seeking optimal balance between affordability, connectivity, and neighbourhood maturity.

Which unit stacks or floor levels typically offer the best value at Woodhaven?

Unit value dynamics at Woodhaven depend on multiple factors including floor level, stack position, view orientation, and proximity to lift cores and common facilities. Mid-floor units (typically 6th–15th floors) command moderate premiums over lower-level alternatives whilst avoiding the highest premiums reserved for penthouse levels. Units facing quieter orientations away from road-traffic noise and towards mature greenery typically outperform units facing main arterial roads. Stack positions centralised within the floor plate—equidistant from lift lobbies and avoiding corner exposures to opposing towers—balance convenience against potential premium pricing. Lower floors (2nd–5th) within well-serviced buildings offer value for price-conscious buyers who do not prioritise premium views; these units often rent reliably to younger professional cohorts less concerned with elevation. Buyers should inspect specific floor plans and site locations during showroom visits, as specific unit advantages cannot be generalised across the entire project. Pragmatic investors often identify 'value stacks' where specific unit configurations offer superior rental appeal or resale marketability relative to premium-positioned alternatives.

What is the future supply pipeline in the Woodlands and broader North Region, and how might this affect long-term property values?

The Urban Redevelopment Authority's Master Plan designates the North Region, including Woodlands, for continued residential intensification; however, available developable land remains limited, constraining the pace of new condominium launches. Several residential projects are in planning or early construction phases across the North Region, but annual delivery volumes remain modest—typically 800–1,200 new units annually across all North-Region developments combined. This measured supply growth supports relative price stability and prevents oversupply-driven value compression affecting core neighbourhoods like Woodlands. Government policy continues to favour infill development and urban regeneration of ageing public housing estates, creating long-term demand tailwinds for private condominiums offering modern facilities and amenities. Compared to growth regions in the East or West, the North Region experiences slower supply growth, which historically supports capital appreciation over extended holding periods. Buyers of Woodhaven can approach acquisition with confidence that neighbourhood fundamentals remain supported by controlled supply-demand dynamics and sustained government investment in transport, schools, and healthcare infrastructure.