Type

Units

Min Area

Price Range

2 BR

732 sqft

S$780K – S$929K

Property Highlights

HDB development with 4 units currently available.
Prices currently range from S$780K to S$929K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$156K on this acquisition.
Located 6 min (470 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.

113B Alkaff Crescent: A Mature HDB Development Near Woodleigh MRT

Situated in the heart of a well-established residential enclave, 113B Alkaff Crescent represents a compelling opportunity for buyers seeking stability, community character, and excellent connectivity. The development is positioned in a neighbourhood that has matured over decades, creating a sense of permanence and strong social infrastructure that appeals to multi-generational households and established residents. Located just 470 metres from Woodleigh MRT Station on the North East Line (NE11), this address enjoys the dual advantage of proximity to public transport and the peaceful ambiance of an established estate.

The location within Alkaff Crescent places residents in a neighbourhood characterised by lush greenery, tree-lined streets, and a community-oriented atmosphere. The surrounding area has developed robust local services, including hawker centres, wet markets, supermarkets, and educational institutions, making daily life highly convenient without the need to venture far from home. Families with school-age children benefit from the presence of several well-regarded primary and secondary schools within the estate and immediately adjacent areas, whilst working professionals appreciate the ease of commuting afforded by the nearby MRT interchange.

Proximity to Woodleigh MRT and Connectivity

The six-minute walk to Woodleigh MRT Station represents a significant advantage for this development. The North East Line provides direct access to major employment hubs including the Marina Bay financial district, Orchard shopping and business precinct, and the growing digital economy zones in the eastern and central regions. This accessibility makes the development suitable for professionals working across diverse industries, whilst the MRT connection also supports the development's appeal to investors considering rental yields from working professionals and expatriates seeking convenient public transport access.

Beyond the MRT, the estate benefits from comprehensive bus connectivity, with multiple bus services operating through Alkaff Crescent and nearby roads, offering alternative routes to schools, employment centres, and leisure destinations. The area's transport infrastructure positions it favourably for capital appreciation, as properties in close proximity to functional MRT stations have historically demonstrated stronger demand and more resilient resale values compared to areas reliant solely on bus connectivity.

Housing Typology and Unit Characteristics

The development comprises HDB flats offering multiple configurations to suit diverse household compositions. Units typically feature two-bedroom layouts with modern specifications including multiple bathrooms, contemporary kitchen designs, and functional floor plans optimised for family living. The scale of individual units—ranging across various floor plates—ensures sufficient space for comfortable living whilst maintaining efficient property management and maintenance costs typical of HDB estates.

The architectural approach reflects HDB's matured design philosophy, incorporating principles of natural ventilation, natural lighting, and practical spatial allocation that have proven effective across thousands of housing units. Residents benefit from units designed with consideration for tropical climate conditions, featuring cross-ventilation opportunities and thoughtful orientation that reduces reliance on mechanical cooling during off-peak hours.

Estate Amenities and Community Infrastructure

As a mature HDB estate, 113B Alkaff Crescent forms part of a larger residential community offering extensive shared facilities and public amenities. Residents enjoy access to well-maintained void decks, multi-purpose recreational facilities, community gardens, fitness areas, and children's play grounds distributed throughout the estate. These shared spaces foster neighbourhood interaction and provide affordable recreational opportunities for all age groups, contributing to the estate's reputation as a family-friendly environment.

The estate's maturity means that supporting commercial and service infrastructure is well-established and accessible. Nearby shopping malls, hawker centres, and local markets offer diverse dining and retail options, whilst banking, postal, and healthcare services are conveniently located within the neighbourhood. This comprehensive amenity ecosystem reduces the need for residents to travel beyond the immediate area for everyday necessities, enhancing quality of life and reducing transport-related expenditure.

Investment Considerations and Market Position

For investors evaluating this development, the rental market in this neighbourhood reflects sustained demand from working professionals, young couples, and small families seeking affordable, well-connected housing in a stable community. The established nature of the estate means that tenant demand remains consistent across economic cycles, as the combination of affordability, transport access, and community services appeals to a broad demographic segment.

The property's valuation is positioned competitively within the secondary housing market, reflecting the balance between its mature status and its enduring appeal to practical, value-conscious buyers. Comparative analysis against recent transactions in the surrounding area provides clear context for pricing, allowing buyers to assess value against unit-specific factors such as floor level, unit orientation, and view characteristics.

Suitability Across Buyer Profiles

First-time buyers entering the HDB market will find this development particularly accessible, with pricing that remains achievable for younger households and couples saving towards homeownership. The estate's stability and mature infrastructure reduce uncertainty for property novices, whilst proximity to the MRT offers compelling long-term value.

Upgraders moving from smaller flats or from private residential properties will appreciate the spacious room configurations and well-maintained common facilities, combined with the neighbourhood's established community character. Investors seeking rental yield opportunities benefit from the estate's consistent tenant demand and the stability conferred by HDB tenure and regulations.

Market Context and Future Prospects

The North East Region has continued to attract residential development and transport investment, positioning neighbourhoods like Alkaff Crescent within a growth corridor. Ongoing planning initiatives and potential future developments in adjacent areas may further enhance connectivity and amenity provision, supporting long-term value retention and potential appreciation for current residents and investors.

The maturity of this estate, combined with its strategic location within Singapore's broader urban framework, ensures that this address will remain attractive to future buyers and tenants. As the supply of new HDB flats in accessible, well-connected locations remains constrained, secondary market properties at established addresses like Alkaff Crescent are likely to maintain or increase in relative value.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a unit at 113B Alkaff Crescent?

Rental yields for HDB properties in this location typically range between 2.5% to 3.5% gross per annum, depending on unit configuration, floor level, and lease tenure. The Alkaff Crescent neighbourhood benefits from consistent demand from working professionals and young couples attracted by the balance of affordability and proximity to Woodleigh MRT, ensuring relatively stable tenant occupancy. Investors should factor in HDB regulations governing rental periods and tenant profiles when calculating net yields, as HDB policies restrict some tenant categories and require minimum rental periods. The mature estate's reputation and established transport connectivity contribute to predictable demand across rental cycles, making it a relatively lower-risk investment profile compared to newer estates still establishing their tenant base.

How does the price per square foot at 113B Alkaff Crescent compare to recent transactions in the surrounding area?

Units at this development are positioned competitively within the secondary HDB market for the Woodleigh vicinity, with per-square-foot valuations reflecting the balance between the estate's mature status and its excellent transport connectivity. Recent comparable transactions in the broader Alkaff Crescent and adjacent estates show a consistent price trajectory that rewards properties with direct MRT proximity, and 113B benefits from this location premium. Buyers should review recent PSF benchmarks across the North East Region to contextualise the development's pricing, noting that properties within six minutes' walk of functioning MRT stations typically command a 8% to 12% premium over comparable units in bus-dependent areas. The pricing reflects realistic market conditions for a mature estate offering spacious configurations and strong community infrastructure.

What are the ABSD implications for a Singapore Citizen purchasing a second residential property at this development?

Singapore Citizens buying their second residential property will be subject to Additional Buyer's Stamp Duty at the current rate of 20%, calculated on the purchase price. For a unit priced at S$868,000, ABSD would amount to approximately S$173,600, significantly increasing the total cost of acquisition beyond the base property price. This levy is in addition to buyer's stamp duty and legal fees, requiring second-property buyers to budget carefully and ensure sufficient financing headroom to cover both the property purchase and all associated duties. First-time HDB buyers enjoy exemption from ABSD, whilst Singapore Citizens upgrading from an HDB to another HDB may qualify for remission of ABSD if they dispose of their first property within a specified timeframe—a consideration that should be discussed with a financial adviser or conveyancing lawyer.

What is the lease decay risk and potential resale impact if this is a leasehold HDB property?

Most HDB properties, including those at 113B Alkaff Crescent, are granted on a 99-year lease tenure from the date of initial allocation. As the lease matures and the remaining lease period falls below 60 years, the property's valuation typically experiences accelerated depreciation, a phenomenon referred to as lease decay. Buyers purchasing at secondary market should carefully ascertain the remaining lease period, as units with 50–60 years remaining may face reduced buyer demand and lower valuations relative to newer estates with longer leases. HDB has introduced lease enhancement and en bloc sale mechanisms to address this concern, though buyers should factor lease decay into long-term investment calculations, particularly if they plan to hold the property beyond a 20–30 year horizon. The rental market may also be impacted by lease maturity, as tenants typically prefer properties with 50+ years remaining, potentially constraining future rental demand.

How does the proximity to Woodleigh MRT Station influence demand and capital appreciation for units at this development?

Properties within walking distance of functional MRT stations have consistently demonstrated stronger capital appreciation and more resilient demand compared to bus-dependent locations, and Woodleigh MRT's position on the North East Line connects residents directly to major employment and commercial hubs. The six-minute walk to the station significantly expands the development's appeal to commuters, working professionals, and families prioritising transport convenience, thereby broadening the potential buyer and tenant pool. Historical data across multiple MRT-proximate developments shows that transport accessibility is a primary determinant of resale value strength and rental demand stability, suggesting that 113B Alkaff Crescent's location advantage will support long-term value retention even if surrounding areas experience changes. Future transport infrastructure upgrades, such as enhanced feeder bus services or interchange improvements at Woodleigh, could further accelerate appreciation at developments within this accessibility radius.

Which buyer profiles are best suited to this development, and which should consider alternatives?

First-time buyers and young couples seeking affordable entry into homeownership will find strong suitability at this development, as the pricing remains accessible relative to private housing and the mature infrastructure reduces uncertainty. Upgraders moving from smaller HDB units or from private properties will appreciate the spacious configurations and established community character, particularly if they value strong local amenities and a stable residential environment. Investors seeking rental yield from professional tenants will benefit from the estate's consistent demand and proximity to employment centres, making this an attractive income-generating asset relative to newer developments still establishing their tenant base. Conversely, buyers prioritising ultra-modern architecture, cutting-edge amenities, or proximity to trendy nightlife and dining precincts may find a mature estate less appealing; such buyers might instead consider newer developments in rapidly urbanising districts. Similarly, ultra-high-net-worth individuals typically seek exclusive private properties rather than HDB units, making this development less aligned with their investment thesis.

What TDSR headroom and financing considerations apply at typical price points for this development?

For a property valued around S$868,000, the majority of financing will come from mortgage lending, with banks typically offering loan-to-value ratios of 80% for HDB purchases by owner-occupiers, resulting in a loan amount of approximately S$694,400. Total Debt Service Ratio (TDSR) limits typically cap monthly debt servicing at 60% of gross household income; for this loan amount at current interest rates (approximately 3.5% to 4%), monthly mortgage servicing would be roughly S$3,300 to S$3,500, requiring a household gross monthly income of approximately S$5,500 to S$5,800 to comfortably accommodate the mortgage within TDSR limits. Buyers should also factor in property tax, maintenance fees, and insurance when assessing total housing cost, potentially adding S$200 to S$300 monthly to the mortgage commitment. Second-property buyers face the additional burden of ABSD at 20%, requiring substantially more liquid capital or leveraging equity from existing properties, significantly tightening financing flexibility and requiring careful cash flow planning.

How does 113B Alkaff Crescent compare to competing HDB developments in the same vicinity?

The North East Region hosts several mature HDB estates offering similar pricing and connectivity profiles, including developments in neighbouring blocks and adjacent planning areas. Alkaff Crescent's positioning benefits from established street-level amenities, mature tree coverage, and a reputation for stable, family-oriented community character that appeals to buyers seeking predictability and permanence. Comparative analysis across recent transactions in Woodleigh, Tai Keng, and Serangoon neighbourhoods shows that proximity to the MRT station and quality of local commercial infrastructure are primary differentiators, with properties at Alkaff Crescent ranking favourably on both counts. However, some competing estates may offer marginally larger unit configurations or more recently upgraded common facilities, warranting careful comparison of specific unit specifications and estate conditions. Buyers should conduct virtual or physical inspections across competing developments to assess relative value, taking into account factors such as void deck quality, lift condition, and the overall maintenance standard evident in shared spaces.

Are there specific unit stacks or floor levels that offer better value at this development?

Mid-to-upper floor units (typically floors 5 to 15) tend to command premium pricing due to reduced noise, improved views, and enhanced sense of privacy, whilst lower floor units (floors 2 to 4) offer faster lift access and reduced waiting times in exchange for typically lower valuations. Value-conscious buyers may find exceptional opportunity in carefully selected lower or mid-floor units, particularly those with preferred unit orientation (cross-ventilation, morning light, or views of green spaces) that partially offset the floor-level discount. Ground-level and first-floor units may attract different buyer profiles, including those with mobility considerations or families with very young children requiring easier access to play areas, potentially offering niched value propositions. Historical data across mature HDB estates suggests that mid-floor units in the 6–10 range represent a reasonable balance between premium-free access and lifestyle benefits, though individual unit orientation and surrounding features significantly influence perceived value. Savvy investors recognise that unfashionable units in optimal locations (high MRT proximity) often represent superior long-term appreciation bets compared to fashionable units in secondary locations.

What is the future supply pipeline in this district, and how might it affect long-term values at 113B Alkaff Crescent?

The North East Region, particularly the Serangoon and Woodleigh planning areas, continues to attract limited new HDB supply due to land scarcity and the prioritisation of estate renewal over greenfield development. Any future HDB launches in the immediate vicinity would primarily target estate renewal projects, which typically involve phased population relocation rather than net increases in housing stock, meaning competitive pressure from new supply remains manageable. Urban renewal initiatives and potential transport infrastructure enhancements (such as new bus rapid transit corridors or cross-island line extensions) may elevate the desirability of properties in this zone, supporting steady value growth. The scarcity of available land for new HDB development in established eastern areas suggests that mature estates like Alkaff Crescent will increasingly be valued as rare, geographically stable assets with proven community infrastructure and transport connectivity. Conversely, if major new developments emerge in adjacent planning areas with comparable or superior connectivity, relative valuations at 113B may face modest pressure, though the matured infrastructure and established tenant base would likely ensure continued demand.

Hdb Flat At 113B Alkaff Crescent — From S$780K