Type

Units

Min Area

Price Range

3 BR

1012 sqft

S$1.3M

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1.3M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$250K on this acquisition.
Located 7 min (600 m) from NE11 Woodleigh MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

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

106A Bidadari Park Drive: Bidadari's Accessible HDB Enclave

Located on Bidadari Park Drive, 106A Bidadari Park Drive represents a well-established public housing development in one of Singapore's most sought-after eastern precincts. The project sits within a mature residential neighbourhood characterised by green spaces, established community facilities, and straightforward accessibility to transport infrastructure. For buyers and investors exploring HDB opportunities in the east, this address offers a compelling mix of location stability and practical living standards.

The development's strategic positioning near Woodleigh MRT station—a mere 600 metres or approximately 7 minutes' walk away—anchors its appeal. The station serves the North-East Line (NE11), providing direct connectivity to the City Centre, Dhoby Ghaut, and onward connections throughout Singapore's rail network. This proximity has historically supported steady demand for properties in the Bidadari area, as residents benefit from efficient commuting times and the broader economic activity radiating from the northern corridor.

Transport Connectivity and Neighbourhood Character

The walk to Woodleigh MRT is straightforward and well-lit, with pavements and pedestrian infrastructure typical of mature HDB estates. Beyond rail access, the Bidadari precinct is served by established bus routes, making the location workable for families reliant on multiple transport modes. The neighbourhood itself reflects decades of community settlement, with wet markets, hawker centres, grocery retailers, and local schools forming the backbone of daily living. Property owners at 106A benefit from this stability—the area is unlikely to experience disruptive change, and municipal infrastructure is mature and well-maintained.

Bidadari's character as an established estate means residents enjoy long-standing social networks and neighbourhood familiarity. For upgraders moving from older neighbourhoods or first-time buyers seeking familiar suburban comfort, this environment appeals more readily than newer, still-forming precincts. The estate's age also means unit turnover provides regular market data, giving prospective buyers confidence in valuation benchmarks and realistic resale expectations.

Market Positioning and Price Competitiveness

Units at 106A Bidadari Park Drive are currently available from competitive mid-range price points that reflect the development's maturity and MRT proximity. Market data from comparable transactions in the immediate Bidadari and Woodleigh catchments indicate that price per square foot (psf) for similar unit types typically ranges within established parameters, supported by consistent demand from upgraders and investor interest. The development's pricing sits favourably relative to newer or more distant alternatives, offering genuine value for buyers unwilling to stretch budgets for newly launched stock or fringe locations.

For investors, the rental yield profile at 106A is supported by the estate's appeal to expatriate families, young professionals, and upgraders seeking east-side convenience without central-zone premiums. The Woodleigh MRT proximity in particular drives tenant interest, as commute times to the CBD remain manageable and the neighbourhood offers family-friendly amenities at reasonable lease rates.

Financing and Buyer Suitability

The pricing structure across available units supports accessibility for multiple buyer segments. First-time buyers leveraging Housing and Development Board (HDB) financing schemes typically find qualifying loans straightforward, given the development's age and established valuation history. The Loan-to-Value (LTV) ceiling for HDB properties remains favourable, and debt-servicing ratios (TDSR) are rarely problematic at Bidadari pricing levels, even for modest household incomes. Upgraders moving from older flats benefit from the ability to inject Minimum Sum withdrawals from their Central Provident Fund (CPF) accounts, significantly reducing cash outlay requirements.

Investors acquiring at 106A as a second residential property should factor in Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% for Singapore Citizens, or higher for permanent residents and foreign nationals. This duty is payable on the purchase price and materially affects acquisition costs; however, rental yields in the Bidadari catchment often justify the additional outlay when viewed over a 10–15 year holding horizon. The development's stability and MRT connectivity support confidence in long-term capital retention and modest appreciation.

Lease Tenure and Long-Term Ownership

As an established HDB development, units at 106A carry standard public housing lease tenures. Most units operate under 99-year leases, which is typical for HDB properties. Buyers should verify the remaining lease term on any unit of interest, as lease decay—the gradual diminution of property value as the lease approaches its final decades—becomes material once a lease falls below 70 years. For units currently mid-lease (typically 60–80 years remaining), resale prospects remain robust, supported by HDB's lease-extension policies and the estate's desirability. However, buyers acquiring units with leases below 60 years should exercise caution, as resale pools narrow and valuations become increasingly sensitive to remaining tenure. HDB's Selective En Bloc Redevelopment Scheme (SERS) provides a potential future safety net, though it is not guaranteed.

Investment Potential and Capital Appreciation

The Bidadari and Woodleigh precinct has demonstrated steady capital growth over the past decade, driven by MRT connectivity, estate maturation, and increasing scarcity of comparable stock in the east. Properties at 106A are positioned to benefit from continued demographic demand, as families upgrading from smaller flats and external relocations favour established, convenient neighbourhoods. The development's location also positions it well relative to future HDB supply, as new Building and Construction Authority (BCA) developments in the eastern corridor are increasingly concentrated in outer rings (Bedok, Pasir Ris extensions), leaving central-east addresses like Bidadari relatively scarcer.

For investor-buyers, the combination of rental appeal, modest appreciation trajectory, and stable neighbourhood character creates a defensible holding position. Whilst spectacular capital gains are not typical for mid-lease HDB properties, the Woodleigh MRT advantage and established amenity base support resilience against market downturns.

Neighbourhood Amenities and Lifestyle

Living at 106A offers proximity to established shopping, dining, and service infrastructure without the congestion of denser central corridors. The Woodleigh and Bidadari precincts host mature hawker centres, supermarkets, clinics, and schools—all within walking distance or a short bus ride. Recreation facilities including community centres, sports courts, and the broader Bidadari precinct's park areas provide family-friendly leisure options. The neighbourhood's quiet character appeals especially to families with young children and retirees seeking accessible urban living with suburban peace.

Current Market Context

The HDB resale market remains dynamic in 2024, with demand supported by ongoing public housing policies and limited alternatives in prime locations. Properties at 106A benefit from this underlying strength whilst offering genuine value relative to newer launches in outer zones or premium-positioned downtown areas. For serious buyers—whether first-timers, upgraders, or investors—this development warrants focused consideration.

Frequently Asked Questions

What is the estimated rental yield for an investment property at 106A Bidadari Park Drive?

Estimated gross rental yields for HDB units at 106A typically range between 2.5% and 3.5% annually, depending on unit configuration and lease tenure. A three-bedroom unit renting for S$2,400–2,800 monthly against a purchase price of approximately S$900,000–1,100,000 delivers yields near the upper end of this range. However, after accounting for property tax, maintenance fund contributions, and occasional repairs, net yields compress to approximately 2–2.8%. For investors, the Woodleigh MRT proximity supports consistent tenant demand, particularly from expatriate families and young professionals, making rental income relatively stable across market cycles.

How does pricing at 106A Bidadari Park Drive compare to other recent HDB transactions in the same district?

Comparable three-bedroom HDB units in the Bidadari and Woodleigh catchment have transacted recently at price-per-square-foot rates of approximately S$1,100–1,200 psf, depending on unit condition, remaining lease tenure, and floor level. Units at 106A tracking at similar or slightly lower psf levels represent fair value, particularly when the development's MRT proximity and estate maturity are factored in. Four-bedroom units command a modest premium relative to three-bedroom stock, reflecting ongoing upgrader demand. Overall, 106A's pricing aligns closely with neighbourhood benchmarks, offering competitive entry points without outlier premiums or concerning discounts that might signal quality or structural concerns.

What is the Additional Buyer's Stamp Duty (ABSD) impact for second-property purchasers at 106A?

Singapore Citizen buyers acquiring 106A as a second residential property must remit Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price. For a property valued at S$1,000,000, ABSD would total S$200,000, materially increasing acquisition costs on top of standard Stamp Duty and legal fees. This duty applies regardless of whether the second property is an HDB or private unit. For investor-buyers, the 20% ABSD creates a meaningful hurdle; however, over a 10–15 year holding horizon, robust rental yields and capital stability in the Bidadari precinct can justify the additional outlay. Buyers should seek professional tax advice and account for ABSD in financing models before committing.

What lease decay risks apply to units at 106A Bidadari Park Drive, and how do they affect resale value?

Most units at 106A operate under 99-year leases. Lease decay becomes a material concern once a lease falls below approximately 60 years remaining, at which point resale pools narrow and valuations become increasingly sensitive to tenure. For units currently with 60–80 years remaining, resale prospects remain robust and capital appreciation continues at modest rates. However, buyers acquiring units with fewer than 55 years remaining should exercise caution, as future resale pools may shrink and lender appetite may decline. HDB's lease-extension framework and potential future SERS eligibility provide safety nets, but neither is guaranteed. Prospective buyers must verify the exact remaining lease term for any specific unit and factor tenure into valuation decisions.

How does the Woodleigh MRT station proximity influence demand and capital appreciation at 106A?

The North-East Line (NE11) Woodleigh MRT station, located approximately 600 metres and a seven-minute walk from 106A, is a primary demand driver for the entire precinct. MRT proximity historically supports 3–5% stronger capital growth relative to comparable HDB stock in non-MRT-served locations, as commute times to the CBD remain manageable and the neighbourhood attracts families and professionals valuing transport efficiency. The Woodleigh station's established role in the commuting network means demand from tenants and owner-occupiers is consistent and relatively recession-resistant. For long-term capital planning, the MRT advantage underpins the development's resilience; however, spectacular appreciation should not be anticipated, as the benefit is already reflected in current valuations. The MRT effect is strongest for younger families and upgraders, who represent the bulk of Bidadari's buyer cohort.

Which buyer profiles are best suited to 106A Bidadari Park Drive: first-timers, upgraders, or investors?

All three profiles find genuine appeal at 106A, though for different reasons. First-time buyers benefit from the estate's maturity, straightforward MRT connectivity, and established community infrastructure; the neighbourhood's stability appeals to young families. Upgraders moving from older Housing and Development Board flats or smaller units appreciate the additional space, modern amenities, and neighbourhood familiarity—many upgraders have roots in the east and prefer to remain in the same general area. Investor-buyers find the Woodleigh MRT proximity and established rental demand attractive, supporting consistent income streams and modest capital preservation over holding periods of 10–15 years. The development's mid-market positioning and lack of architectural or location exoticism make it less suitable for high-net-worth buyers seeking premium addresses or prestige, but it is an excellent fit for pragmatic, value-focused purchasers across income segments.

What are the TDSR and financing headroom implications at 106A's typical price points?

For a mid-range unit at 106A priced at approximately S$950,000–1,050,000, HDB financing with a 25-year tenor and interest rate of 2.6% yields monthly instalments of roughly S$4,400–4,900. For a dual-income household with combined monthly income of S$12,000–14,000, this represents a debt-servicing ratio of approximately 32–40%, comfortably within the HDB TDSR ceiling of 60%. Buyers leveraging Central Provident Fund (CPF) Ordinary Account withdrawals typically require minimal cash outlay, further easing qualification. Financing headroom is generally substantial at Bidadari pricing levels, even for single-income households or those with existing obligations. However, borrowers should verify their personal income, existing debt, and CPF balances with HDB before proceeding; rates and lending criteria may shift in response to broader monetary policy.

How does 106A Bidadari Park Drive compare to competing HDB developments in the eastern zone?

Competing HDB developments in the east include nearby properties in Woodleigh, Serangoon, and Kallang, as well as newer Building and Construction Authority stock in outer zones such as Bedok and Pasir Ris. Relative to Woodleigh and Serangoon neighbours, 106A offers similar MRT connectivity and estate maturity but may vary in unit configurations and condition. Newer Bedok and Pasir Ris developments offer fresher finishes and longer lease tenures but sacrifice the walkable urban character and MRT proximity that Bidadari provides. For upgraders and first-timers prioritising accessibility, convenience, and neighbourhood stability over architectural novelty, 106A compares very favourably to outer-zone alternatives. The trade-off is that cutting-edge design and longer remaining leases favour newer stock; however, Bidadari's established character and rental appeal position it competitively for pragmatic buyer segments.

Which unit stacks or floor levels at 106A offer the best value proposition?

Mid-floor units (typically floors 3–8 in HDB blocks) often represent the best value, as they command modest premiums above ground-floor and lower-level stock yet avoid the potential noise and direct exposure of highest floors. Units on the eastern or northern aspects may experience slightly better natural ventilation and light, supporting occupant comfort and indoor air quality. Units positioned away from service cores and lift lobbies often experience superior privacy and reduced ambient noise. Higher floors (above floor 10) typically command 5–10% premiums relative to mid-level equivalents, justified by improved views and reduced street-level noise, but the added cost often exceeds the tangible benefit for primary-residence buyers. Ground-floor and level-one units should be considered carefully; whilst pricing is competitive, proximity to foot traffic and occasional flooding risk in severe weather can offset savings. Pragmatic buyers should prioritise location within the block and aspect over absolute floor level.

What is the future supply pipeline in the Bidadari and wider eastern district, and how will it affect 106A's capital prospects?

The Building and Construction Authority's public housing pipeline in the eastern zone is increasingly concentrated in outer rings, particularly Bedok, Pasir Ris, and Tengah new town extensions. Inner-east precincts including Bidadari, Woodleigh, and Serangoon are unlikely to see substantial new Building and Construction Authority supply in the next 10–15 years, as land availability in established estates is severely constrained. This scarcity supports long-term capital stability and modest appreciation for properties at 106A, as the supply-demand equilibrium favours property owners. Conversely, the absence of new competing stock means Bidadari properties will increasingly appeal to buyers unable or unwilling to relocate to outer zones. For long-term investors and upgraders planning to remain in the eastern region, this lack of competing supply underpins confidence in capital retention and gradual appreciation. However, Singapore's broader housing policy emphasises accessibility and value, so spectacular gains should not be anticipated.

[For Sale] Hdb Flat At Bidadari Park Drive — From S$1.3M