Type

Units

Min Area

Price Range

3 BR

1033 sqft

S$1.7M – S$1.7M

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: Contemporary Living on Daisy Road

Daisy Suites represents a thoughtfully designed residential development situated along Daisy Road in Singapore's North-East region. The project occupies a strategically convenient location that balances accessibility with residential tranquility, positioning it as an appealing choice for families, professionals, and investors exploring the area. The development comprises multiple units across different configurations, offering flexibility for buyers with varying spatial requirements and lifestyle preferences.

The neighbourhood surrounding Daisy Suites benefits from its proximity to Woodleigh MRT Station on the North-East Line, located approximately 850 metres away and accessible within a comfortable ten-minute walk. This connectivity is a significant drawcard, as the North-East Line provides seamless access to the CBD, Orchard shopping district, and other major business centres without the need for transfers. Residents enjoy the convenience of efficient public transport whilst remaining insulated from the urban intensity of the city core.

Strategic Location and Transport Links

The Woodleigh area has evolved into an increasingly popular residential corridor, characterised by a stable mix of established Housing and Development Board estates, private residential enclaves, and newer mixed-use developments. Daisy Road itself benefits from this broader neighbourhood transformation, with improved infrastructure and amenity offerings having gradually enhanced the precinct over the past decade. The development's positioning along this thoroughfare ensures visibility and accessibility whilst remaining embedded within a quieter residential setting away from major traffic arteries.

Beyond the MRT connection, the area is well-served by bus routes that extend coverage to secondary destinations and employment centres. This multi-modal transport ecosystem reduces dependency on private vehicles, an increasingly important consideration for sustainability-conscious purchasers and those managing household budgets carefully.

Unit Configurations and Living Spaces

Daisy Suites offers units in multiple bedroom configurations, accommodating diverse household compositions and life stages. The development's floor plans are designed with contemporary living standards in mind, incorporating efficient layouts that maximise usable space and natural light penetration. Unit sizes span a range that allows younger buyers and empty-nesters to find appropriately scaled homes without over-purchasing, whilst families seeking additional bedrooms and storage have equally suitable options available.

The interior specifications typically reflect modern construction standards, with units finished to a quality level befitting the development's positioning within the mid-tier residential market. Storage solutions, kitchen configurations, and bathroom amenities are thoughtfully integrated to support practical daily living rather than excessive luxury, making the development accessible to a broad buyer demographic.

Investment Potential and Market Positioning

For investors evaluating Daisy Suites as a portfolio addition, the development's fundamentals merit consideration. The MRT adjacency, established neighbourhood character, and moderate pricing create conditions favourable to rental demand from expatriate professionals, young families relocating to Singapore, and downsizers. The proximity to schools and family-oriented amenities enhances appeal to tenants prioritising convenience and community integration over prestige branding.

The development's price point, ranging from approximately S$1.68 million for three-bedroom units and spanning additional configurations, reflects fair market pricing for the North-East location relative to nearby comparable developments. Purchasers should anticipate yields typical for this segment—generally between 2.5 and 3.5 per cent gross rental return, depending on specific unit configuration and lease terms negotiated with tenants.

Neighbourhood Amenities and Lifestyle Integration

The Woodleigh precinct supports a comprehensive range of daily-use amenities without requiring residents to venture far from home. Shopping options include neighbourhood centres and supermarkets stocked with essentials, whilst dining and entertainment venues cater to various cuisines and price points. The area is particularly strong for family amenities, with several primary schools located within one to two kilometres and secondary institutions accessible via short MRT journeys.

Recreational facilities include neighbourhood parks and sporting complexes, with Woodleigh Park located nearby and providing green space for outdoor activities. The North-East corridor's gradual densification has brought improved medical services and professional facilities, supporting residents across various life stages and health requirements.

Tenure and Long-Term Value Considerations

As a leasehold property, units at Daisy Suites carry a lease tenure that should be verified against the individual unit's grant date and remaining term. For buyers planning to hold the property beyond twenty years, lease decay becomes a material consideration, as financial institutions progressively restrict lending against properties with fewer than sixty years remaining. This principle influences both resale value trajectory and refinancing flexibility over extended ownership periods.

The development's positioning within an established neighbourhood with ongoing urban renewal investment suggests stable land value foundations, though buyers should model conservative appreciation assumptions rather than expecting outsized capital gains. The rental market strength in the area, combined with transport connectivity, provides downside protection for long-term holders.

Market Context and Comparable Developments

Daisy Suites competes within a competitive segment that includes similar-vintage developments throughout the North-East corridor and adjacent areas. Recent comparable transactions in the Woodleigh and surrounding precincts have transacted at price points ranging between S$1,500 and S$2,000 per square foot, depending on unit size, floor level, and specific amenities. The development's pricing aligns reasonably within this range, offering value-conscious buyers entry into a connectivity-rich location without premium branding premium.

Nearby alternative developments offer comparable spatial standards and transport access, though variations in unit mix, amenity offerings, and management standards create differentiation within the segment. Prospective buyers benefit from surveying three to four comparable projects before making final purchase decisions, ensuring confidence in value-for-money assessment.

Financial Considerations for Different Buyer Profiles

First-time buyers entering the residential market at Daisy Suites benefit from the development's moderate price point and established neighbourhood standing, reducing perceived investment risk relative to new-launch developments or prestige locations. Financing headroom typically remains healthy at these price levels, with Total Debt Service Ratio (TDSR) at acceptable multiples for employed professionals earning middle-income salaries.

Upgraders relocating from Housing and Development Board properties or smaller private units will find significantly enhanced space and amenity standards, making the move financially and qualitatively justified. Investors evaluating the development should factor Additional Buyer's Stamp Duty implications carefully—a second residential property purchase by a Singapore Citizen incurs 20 per cent ABSD on the purchase price, a material cost that materially impacts acquisition economics and return calculations.

High-net-worth individuals seeking properties in this segment may find Daisy Suites suitable for portfolio diversification rather than primary residence objectives, with the rental yield and stable neighbourhood appeal offsetting the property's modest prestige profile.

Frequently Asked Questions

What rental yield can investors expect when purchasing a unit at Daisy Suites as an investment property?

Investors purchasing at Daisy Suites can generally anticipate gross rental yields between 2.5 and 3.5 per cent, depending on the specific unit configuration and lease terms negotiated with tenants. The development's proximity to Woodleigh MRT Station and established neighbourhood amenities create reliable tenant demand from expatriate professionals and young families, supporting consistent rental income. However, actual yield will depend on the acquisition price paid, with units purchased closer to historical lows delivering higher returns, whilst those acquired during market peaks may compress yields closer to 2.5 per cent. Investors should model conservative assumptions and factor in management costs, maintenance reserves, and potential void periods when evaluating the investment case.

How does Daisy Suites pricing per square foot compare to recent transactions in the Woodleigh area?

Recent comparable transactions throughout the Woodleigh precinct and surrounding North-East locations have transacted at price points ranging broadly between S$1,500 and S$2,000 per square foot, with variations reflecting floor level, unit size, view quality, and proximity to the MRT station. Daisy Suites pricing aligns reasonably within the middle-to-upper range of this spectrum, positioning the development as fairly valued without commanding prestige premiums associated with newer or branded developments in adjacent precincts. Buyers should verify recent transaction evidence through property records to confirm whether current asking prices represent fair market value relative to comparable units sold within the preceding three to six months. The development's positioning reflects realistic market pricing for established projects in transport-connected locations rather than opportunistic pricing.

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

Singapore Citizens purchasing a second residential property at Daisy Suites incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20 per cent on the purchase price, significantly increasing the total acquisition cost beyond the listed unit price. For a unit priced at S$1.68 million, ABSD would amount to S$336,000, a material outlay that must be factored into financing calculations and overall investment returns. This 20 per cent ABSD rate applies exclusively to second and subsequent residential property purchases by citizens, whilst permanent residents and foreigners face differing rates depending on their status. Investors evaluating the development should incorporate ABSD into their spreadsheet models when calculating total cost of acquisition and adjusted yield metrics, as many investors overlook this significant cost component during initial feasibility assessments.

What lease decay risk should buyers at Daisy Suites consider for long-term ownership and resale value?

As a leasehold development, Daisy Suites units carry residual lease tenures that progressively shorten with each passing year, creating lease decay that directly impacts both resale marketability and financial institution lending willingness. Properties dropping below sixty years of remaining lease become increasingly difficult to finance, as banks restrict loan-to-value ratios and may refuse lending altogether once lease terms fall below fifty years. Buyers planning extended ownership—particularly those in their forties or older—should calculate precisely when their specific unit's lease will fall to sixty-year thresholds, as this moment typically coincides with significant value depreciation and refinancing complications. The development's position in an established neighbourhood with stable underlying land values provides some downside protection, but lease decay remains a mathematical certainty that materially affects long-term hold strategies and eventual resale economics.

How does proximity to Woodleigh MRT Station affect demand and capital appreciation for Daisy Suites units?

Woodleigh MRT Station's location just 850 metres away provides exceptional transport connectivity that significantly enhances daily living convenience and supports sustained rental and resale demand across market cycles. Properties within walking distance of MRT stations typically command premium valuations relative to car-dependent locations, as they appeal to a broader demographic including car-free households, expatriates unfamiliar with Singapore's road network, and environmentally conscious buyers prioritising public transport. The North-East Line connection specifically provides seamless access to the CBD and major employment centres, supporting strong tenant interest from working professionals. Capital appreciation within transport-connected developments has historically outpaced car-dependent locations during periods of improved MRT coverage expansion, though Daisy Suites' existing MRT access already internalises most of this benefit, making future appreciation dependent more on neighbourhood amenity development than transport infrastructure gains.

Which buyer profiles are best suited to purchasing at Daisy Suites, and why?

First-time homebuyers represent an excellent fit for Daisy Suites, as the moderate price point, established neighbourhood, and MRT accessibility reduce perceived investment risk compared to new launches or prestige locations, whilst financing typically remains accessible at reasonable debt service ratios. Upgraders moving from Housing and Development Board properties or smaller private units will find substantially enhanced space and modern amenities justifying the transaction costs and price premium. Investors seeking rental yield with lower acquisition risk prefer the development's established MRT connectivity and neighbourhood amenities, which drive consistent tenant demand without reliance on future infrastructure development. Young families prioritising school access and community integration over prestige branding find the neighbourhood's strong educational institutions and family-oriented amenities compelling. However, high-net-worth purchasers and luxury buyers seeking properties primarily for principal residence may find the development's modest prestige profile and mid-market positioning less appealing than developments marketed to this elite segment.

What TDSR and financing headroom should buyers model at typical Daisy Suites price points?

At the development's typical price range of S$1.68 million upwards for three-bedroom units, employed professionals earning modest six-figure salaries generally retain healthy financing headroom with Total Debt Service Ratio remaining within prudent ranges, typically between 40 and 55 per cent depending on existing obligations and household composition. Banks typically lend up to 75-80 per cent of property value for primary residence purchases, meaning buyers require approximately 20-25 per cent in combined down payment and closing costs (including stamp duty, legal fees, and ABSD if applicable). Investors purchasing additional properties face more stringent lending criteria, with loan-to-value ratios potentially restricted to 70 per cent or lower depending on the lender's investment property policy and the buyer's existing debt obligations. Buyers should stress-test their financing assumptions against potential interest rate rises, as a 1 per cent rate increase substantially impacts monthly servicing costs and may compress available headroom for discretionary household spending.

How does Daisy Suites compare to competing developments in the North-East residential segment?

Daisy Suites competes within an active segment including similar-vintage developments throughout Woodleigh, Serangoon, and adjacent precincts, each offering comparable spatial standards, MRT connectivity, and neighbourhood amenities at overlapping price points. Competing developments may differentiate through superior brand heritage, recently upgraded common facilities, additional amenity offerings (such as co-working spaces or enhanced gym facilities), or positioning in marginally better-located addresses commanding modest price premiums. The development's pricing reflects fair market positioning relative to these alternatives without significant competitive disadvantage, though individual properties should be surveyed across three to four comparable projects to confirm value-for-money alignment. Some competing developments in the segment have undergone recent en bloc sales or significant management upgrades, creating differentiation that may justify modest price premiums if enhanced facilities or stability narratives are material to the buyer's decision-making framework.

Which unit stack levels or floor positions offer optimal value at Daisy Suites?

Mid-level units (approximately floors 8-15) at Daisy Suites typically offer superior value-for-money compared to lower floors and penthouses, as they avoid the noise and light obstruction implications of ground-floor units whilst sidestepping the premium pricing commanded by high-level units enjoying unobstructed views and enhanced privacy. Lower-floor units may face adjacent building sightlines, traffic noise, and reduced natural light, constraints that typically manifest in 5-10 per cent pricing discounts relative to comparable mid-level units. Corner units throughout the mid-level stack frequently command modest premiums (2-5 per cent) justified by enhanced cross-ventilation and superior light exposure, making corner units reasonable value if premium buyers seek these specific attributes. Penthouses and very high-level units command significant premiums (10-15 per cent) for panoramic views and prestige positioning, premiums that often exceed the subjective value gained unless the buyer explicitly prioritises these attributes. Investors prioritising rental yield should target standard mid-level units offering unexceptional views and attributes, as tenants rarely justify rental premiums for prestigious positioning.

What future supply pipeline exists in the Woodleigh district, and how might it impact Daisy Suites' value?

The Woodleigh and surrounding North-East corridor have experienced moderate new residential development activity over the past five years, with several upcoming launches and pipeline projects planned for neighbouring precincts. The Government's residential supply initiatives and urban renewal programmes suggest measured ongoing development intensity in the district rather than explosive new supply that would materially oversupply the local market. However, buyers should monitor the Government Land Sales programme and developer announcements, as significant additional launches in immediately adjacent locations could create marginal downward pricing pressure on established developments like Daisy Suites. The development's value proposition—rooted in its MRT connectivity and neighbourhood amenities—should remain durable regardless of future supply additions, as scarcity of transport-connected residential land is unlikely to materialise in the North-East corridor given limited remaining available plots. Prospective purchasers should regard moderate future supply in the district as generally supportive rather than threatening, as healthy new development typically signals neighbourhood vitality and continued infrastructure investment rather than stagnation.

[For Sale] Daisy Suites — From S$1.7M