Type

Units

Min Area

Price Range

6 BR

4600 sqft

S$7.7M

Property Highlights

Landed development with 1 unit currently available.
Prices currently start from S$7.7M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1.5M on this acquisition.
Located 13 min (1.1 km) from NE11 Woodleigh MRT Station.

Price Trends & Rental Yield

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Freehold Corner Terrace Macphason: Premium Living on Kenangan Avenue

Macpherson has long been recognised as one of Singapore's most desirable neighbourhoods for families and discerning property investors seeking space, stability, and strategic positioning. The Freehold Corner Terrace Macphason development, situated on Kenangan Avenue, represents a rare opportunity to acquire a freehold residential property in this well-established enclave. Unlike leasehold properties that depreciate as tenure decays, freehold homes retain their intrinsic value indefinitely, making them a compelling choice for long-term wealth creation and generational transfers.

The development comprises spacious corner terrace units characterised by expansive floor areas and generous land plots. Each property offers multiple bedrooms and bathrooms, providing ample accommodation for extended families, home offices, or guest quarters. The substantial built-up and land areas afford residents the luxury of outdoor space—a premium feature in Singapore's dense urban landscape. These proportions distinguish corner terraces as highly coveted properties, as they typically command superior positioning, natural light, and privacy compared to mid-terrace counterparts.

Location and Connectivity

Kenangan Avenue places residents within a short 13-minute walk, approximately 1.1 kilometres, from Woodleigh MRT Station on the North-East Line (NE11). This proximity to rapid transit infrastructure significantly enhances the neighbourhood's appeal, offering seamless commuting to the Central Business District, Marina Bay, and other commercial hubs across Singapore. The North-East Line provides direct connections to key employment and leisure destinations, making the development particularly attractive to working professionals and families who prioritise connectivity without sacrificing suburban tranquillity.

Beyond the MRT, Macpherson benefits from excellent road access via arterial roads and expressways, facilitating private vehicle travel to any part of the island. The neighbourhood itself is well-served by local amenities, including established shopping centres, hawker complexes, and supermarkets within walking or short driving distance. This balanced blend of accessibility and local convenience makes the area an ideal residential choice for those seeking modern urban living tempered by a sense of community.

Investment and Capital Appreciation

Freehold properties occupy a distinctive position in Singapore's property market. Because they carry no expiry date or lease tenure constraints, they are inherently less vulnerable to the valuation pressures that affect leasehold homes in their final decades. Investors and owner-occupiers alike gravitate towards freehold status as a hedge against future depreciation. A corner terrace amplifies this advantage further—the scarcity of corner positions, combined with their superior light, ventilation, and privacy, typically translates to stronger resale demand and price resilience compared to standard terrace configurations.

The Macpherson locality itself is underpinned by strong long-term demand fundamentals. The neighbourhood has matured into a sought-after residential destination with a stable resident demographic and consistent property transaction volumes. School zones including nearby primary and secondary institutions provide additional pull for families, whilst the established nature of the enclave means limited disruption from major redevelopment or infrastructure overhaul. This stability, combined with freehold tenure and corner positioning, creates a compelling investment thesis for capital appreciation over the medium to long term.

Property Features and Specifications

Residents of the Freehold Corner Terrace Macphason enjoy substantial internal and external spaces that are increasingly rare in Singapore's property landscape. With multiple bedrooms and bathrooms spanning several thousand square feet of built-up area, each home caters to families requiring generous living quarters, dedicated studies, or hobby spaces. The generous land plot permits private landscaping, outdoor entertaining areas, and potential garden installations—luxuries that elevate quality of life beyond what typical apartments or smaller terraces can deliver.

The corner terrace configuration further enhances the living experience by maximising natural light penetration, cross-ventilation, and sightlines. These design attributes reduce reliance on artificial climate control during mild weather periods and create psychologically spacious, airy interiors. For families working from home or those with extended household members, the separation of spaces and abundance of natural light contributes measurably to comfort and well-being.

Buyer Suitability and Market Appeal

This development appeals to a broad spectrum of Singapore's residential property market. High-net-worth individuals attracted to freehold assets with trophy attributes, such as corner positioning and substantial land area, find compelling value in properties of this calibre. Upgraders transitioning from apartments or smaller homes into spacious landed properties view such properties as lifestyle upgrades that justify investment outlay. Multi-generational families seeking consolidated household space where grandparents, parents, and children coexist comfortably are also a key demographic. Property investors targeting the rental market for quality executive or family tenancies similarly regard freehold corner terraces as superior long-term assets with strong tenant demand and pricing power.

Market Positioning and Future Outlook

Macpherson's established infrastructure, transport connectivity, and residential stability position it well for sustained demand and modest capital appreciation. While Singapore's property market remains cyclical, freehold properties in established neighbourhoods close to MRT nodes have demonstrated historical resilience through market downturns. The North-East Line's ongoing capacity and transport corridor importance underscore the enduring value of proximity to Woodleigh MRT. Over coming years, as Singapore's population remains relatively stable and land constraints persist, freehold residential options in accessible, mature neighbourhoods are likely to maintain their appeal amongst discerning buyers seeking permanence, space, and value convergence.

The Freehold Corner Terrace Macphason on Kenangan Avenue encapsulates these desirable attributes within a single offering—combining freehold security, spatial generosity, corner positioning scarcity, and excellent MRT-proximate location. For buyers prioritising substance over trend and viewing property as a long-term family asset or investment, this development merits serious consideration within Singapore's residential landscape.

Frequently Asked Questions

What is the estimated rental yield for units at Freehold Corner Terrace Macphason if purchased as an investment?

Freehold corner terraces in Macpherson typically command strong rental appeal, attracting quality tenants seeking spacious family homes or executive residences near established amenities and transport. Estimated gross rental yields on properties of this calibre—featuring multiple bedrooms, substantial built-up area, and corner positioning—generally range between 2.5% to 3.5% per annum, depending on precise unit specifications, maintenance standards, and prevailing rental market conditions. The proximity to Woodleigh MRT and the neighbourhood's reputation for stability and family-oriented living further bolster tenant retention and consistent rental income. Investors should conduct detailed rental comps analysis with local agents to refine yield projections based on current market rental rates for similar-sized terraces in the Macpherson precinct.

How does the per-square-foot pricing of Freehold Corner Terrace Macphason compare to recent transactions in the same area?

Freehold corner terraces in Macpherson occupy a premium market segment, with per-square-foot pricing reflecting their scarcity, corner advantages, and freehold tenure security. Recent comparable transactions for similar terrace properties in the neighbourhood have traded at price ranges that reflect the trade-off between built-up and land area, with corner configurations typically commanding a 10% to 15% premium over mid-terrace counterparts in the same locality. The specific psf valuation will depend on unit condition, renovation standards, land plot size, and proximity to Woodleigh MRT—properties within the closest walking catchment generally achieve higher per-square-foot valuations. Prospective buyers should engage conveyancing lawyers and property advisors to conduct formal valuation benchmarking against the latest transacted comparables to ensure fair pricing relative to current market conditions.

What are the Additional Buyer's Stamp Duty (ABSD) implications for Singapore Citizens purchasing a second residential property at this development?

Singapore Citizens acquiring a second residential property are liable for Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, in addition to standard Buyer's Stamp Duty (BSD). For a property valued at S$7.7 million, for example, the ABSD liability would amount to approximately S$1.54 million—a substantial cost that must be factored into the total acquisition budget. This ABSD is payable at the point of purchase completion and significantly elevates the effective entry cost for second-property buyers. Buyers are advised to consult with tax professionals or conveyancing specialists to understand the full stamp duty payable, any available exemptions or reliefs, and to ensure sufficient liquidity to cover both the purchase price and all associated duties. Some buyers explore strategies such as acquiring through corporate entities or timing purchases relative to spousal ownership structures—professional tax advice is essential to navigate these considerations.

What lease tenure protection does freehold status provide, and how does it affect long-term resale value?

Freehold properties in Singapore carry no lease expiry date and therefore face zero depreciation risk attributable to tenure decay—a critical advantage over 99-year and 999-year leasehold homes, which inevitably lose value as the lease matures toward expiry. This indefinite tenure protection ensures that a freehold corner terrace retains intrinsic market value for perpetuity, making it an exceptionally robust long-term wealth store and multi-generational family asset. Leasehold properties, by contrast, typically experience accelerating price erosion in their final decades as remaining lease approaches expiry, ultimately rendering them difficult to finance or sell. Investors and owner-occupiers viewing property through a multi-decade lens—particularly those planning to retain properties through retirement or transfer them to heirs—benefit substantially from freehold status. This tenure security underpins strong capital preservation and appreciation potential, especially for premium properties like corner terraces positioned in established, MRT-proximate neighbourhoods such as Macpherson.

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

Proximity to an established MRT station is a primary value driver in Singapore's property market, as it provides reliable, affordable, and rapid transit access to employment centres, educational institutions, and commercial hubs across the island. Woodleigh MRT on the North-East Line (NE11) affords residents direct connections to the CBD, Marina Bay, and suburban corridors—making the station particularly attractive to working professionals and families prioritising commuting efficiency. Properties within 1.2 kilometres of an MRT station (approximately 15 minutes' walking distance) consistently outperform peers in less accessible locations in terms of both resale velocity and capital appreciation over market cycles. The North-East Line's strategic importance in Singapore's transport network and its ongoing operational investment further bolster long-term demand for properties near Woodleigh. Buyers can reasonably anticipate that MRT proximity will continue to underpin price resilience and upside potential, particularly as Singapore's population and employment patterns evolve and public transport usage intensifies.

Is Freehold Corner Terrace Macphason suitable for high-net-worth (HNW) buyers, upgraders, or first-time home buyers?

This development appeals most strongly to HNW buyers and upgraders rather than first-time buyers. High-net-worth individuals are attracted to freehold corner terraces as trophy assets combining tenure permanence, spatial generosity, and scarcity value—desirable attributes that justify premium pricing. Upgraders transitioning from apartments or smaller properties into sprawling landed homes find the space, privacy, and land ownership compelling lifestyle improvements that justify higher acquisition costs. First-time buyers, conversely, typically operate under tighter budgets and favour mass-market properties or smaller terraces that offer affordability without compromising ownership fundamentals. The substantial land and built-up areas, combined with price positioning well above entry-level thresholds, make this development a less suitable starting point for newcomers to property ownership. However, first-timers with substantial means and long-term housing aspirations may find value in acquiring a larger, freehold property that negates the need for multiple property transactions across their lifetime.

What are typical TDSR (Total Debt Servicing Ratio) and financing headroom considerations at the price points of this development?

Properties at Freehold Corner Terrace Macphason command price points in the multi-million Singapore Dollar range, placing them well above mainstream mortgaging thresholds and necessitating higher borrowing capacity from buyers. Banks typically extend up to 75% loan-to-value (LTV) on freehold residential properties, meaning a buyer must have substantial equity or down-payment reserves to bridge the gap. Under current monetary policy, TDSR (the ratio of monthly debt servicing to gross monthly income) is capped at 60% for most borrowers, creating a ceiling on affordable borrowing relative to income. A buyer with a monthly gross income of S$25,000 could service approximately S$15,000 in total monthly debt; on a hypothetical property price of S$7.7 million with a 75% LTV mortgage, monthly repayments might absorb a significant portion of this servicing capacity, leaving limited headroom for other liabilities. Prospective buyers are strongly advised to engage mortgage brokers or bank advisors early in the acquisition process to assess financing headroom, explore competitive interest rates, and ensure that total monthly obligations remain comfortably within TDSR limits whilst preserving cash flow for living expenses and contingencies.

How does Freehold Corner Terrace Macphason compare to competing landed developments in the Macpherson or nearby neighbourhoods?

Macpherson and adjacent localities (such as Serangoon and Potong Pasir) contain various freehold and leasehold terrace options, though truly freehold corner positions remain scarce. Competing developments may offer leasehold tenures (99 or 999 years) at lower price points, appealing to budget-conscious buyers willing to accept lease decay risk. Other corner terraces in the vicinity may trade at comparable or higher prices depending on their precise location relative to MRT, unit condition, and land plot configuration. The distinguishing factors for this development centre on corner positioning scarcity, freehold tenure permanence, and proximity to an established, operational MRT station with strong transport credentials. Buyers comparing multiple terrace options should evaluate not only current price and psf but also tenure security, corner versus mid-terrace positioning, land area depth and usability, and long-term resale potential anchored by MRT accessibility and neighbourhood stability. A freehold corner terrace near Woodleigh MRT offers structural advantages that often justify a premium versus leasehold alternatives or less-accessible properties.

Are certain unit stacks, floor levels, or positions within the development likely to offer better value or appreciation potential?

Corner terrace properties by definition occupy superior positioning within a development, as every unit benefits from corner advantages including enhanced light, ventilation, privacy, and sightlines. Within corner terraces, unit value can be subtly influenced by orientation (north-facing, east-facing, etc.), proximity to main roads or amenities, and land plot dimensions. Units with larger land areas typically command proportionally higher premiums and stronger rental appeal for families or investors seeking landscaping and outdoor entertaining potential. Ground-floor units may appeal to buyers with mobility considerations or those prioritising immediate garden access, whilst upper floors appeal to privacy-conscious buyers seeking sight lines and reduced street-level noise. The development's specific architectural layout and orientation relative to cardinal directions, surrounding structures, and local amenities will influence unit-by-unit value disparities. Prospective buyers are advised to conduct site visits across multiple units or stacks to assess orientation, neighbouring land uses, and site-specific characteristics before finalising purchase decisions—professional advice from conveyancers or property consultants can highlight subtle value determinants.

What is the future supply pipeline for landed residential developments in the Macpherson district, and how might it affect property values?

Macpherson is an established, largely built-out neighbourhood with limited greenfield development capacity and stringent land constraints. Most remaining opportunities for new residential supply derive from enbloc acquisitions and redevelopment of older terrace clusters or apartment blocks—a process that unfolds incrementally and unevenly across the district. Singapore's broader planning strategy prioritises rejuvenation of mature estates and controlled densification near MRT nodes rather than sprawling new suburbs, meaning large-scale incoming supply competing with Macpherson properties is unlikely. This supply scarcity supports the fundamental value case for freehold properties already operating in the area, as limited new inventory naturally restricts downward price pressure and supports long-term capital preservation. However, adjacent precincts such as Bidadari and future mixed-use developments elsewhere on the North-East Line corridor may periodically attract buyer interest, creating modest competitive dynamics. Overall, the district's maturity, planning constraints, and MRT connectivity position freehold corner terraces as enduring assets unlikely to face severe supply-side headwinds. Buyers can reasonably anticipate stable to appreciating values over medium-to-long timeframes anchored by permanent tenure security and restricted replacement supply.

[For Sale] Corner Terrace At Macpherson — From S$7.7M