Type

Units

Min Area

Price Range

3 BR

2500 sqft

From S$700Xk

Property Highlights

Spacious 3-bedroom, 2-bathroom semi-detached house offering 2,500 sqft of comfortable living space
Excellent connectivity with Hillview MRT Station just 660 metres away, enabling swift access to the broader island
Competitive S$700,000 asking price presents solid value for family buyers and property investors alike
Generous 2,830 sqft land plot provides scope for future extensions and outdoor enhancement projects
Located on Jalan Asas in a mature residential enclave with established community infrastructure

Interested in this property?

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

Ref: 21441195

3-Bedroom Semi-Detached House on Jalan Asas: Hillview Living at S$700,000

This elegant semi-detached residence on Jalan Asas represents a compelling acquisition opportunity for families and investment-minded buyers seeking quality accommodation in a well-established neighbourhood. The property encompasses 2,500 square feet of thoughtfully designed internal floor space, paired with a generous 2,830 square foot land plot that underscores the substantial footprint available within this residence. Positioned at an asking price of S$700,000, the offering strikes an appealing balance between value and desirability in the current market climate.

Property Configuration and Interior Space

The residence features three generously proportioned bedrooms and two full bathrooms, furnishing adequate sanitary facilities for a family household or providing flexibility for live-in help arrangements. The internal layout spans 2,500 square feet, facilitating comfortable room arrangements and allowing multiple functional zones throughout the property. Such dimensions afford residents the luxury of spacious living quarters without the overheated pricing that characterises ultra-compact units in more centrally located districts.

Transportation and Neighbourhood Connectivity

Positioning on Jalan Asas grants residents straightforward access to established public transport infrastructure, most notably Hillview MRT Station situated merely 660 metres away—a brisk eight-minute walk for most commuters. This proximity to the Downtown Line's Hillview interchange unlocks seamless connectivity to the Central Business District, ensuring that working professionals can reach their offices expeditiously during peak periods. The accessibility also reinforces the neighbourhood's appeal to upgraders and first-time buyers alike, as the combination of family-friendly housing stock and efficient transit networks creates a compelling residential proposition.

Land Area and Development Potential

The 2,830 square foot land parcel represents a distinctive advantage within Singapore's constrained property landscape, offering scope for future structural enhancements or outdoor landscaping projects that may enhance both lifestyle quality and asset value over time. This generous footprint distinguishes semi-detached properties from their terraced or apartment-dwelling counterparts, permitting homeowners greater freedom in personalising their external environment. Prospective purchasers should explore with their legal advisors any permissible modifications within the framework of existing planning regulations and strata rules, should any apply.

Investment Merit and Market Positioning

The asking price of S$700,000 positions this semi-detached house competitively within its locality, appealing to multiple buyer cohorts spanning first-time upgraders transitioning from apartments, established families seeking additional space, and portfolio investors evaluating rental-yielding residential assets. The three-bedroom configuration has demonstrated consistent rental demand across the Hillview district, historically attracting tenants ranging from expatriate professionals to multi-generational households seeking extended living quarters. The proximity to a major MRT interchange further strengthens the lettability profile, as prospective tenants typically prioritise convenient public transport access when evaluating residential options.

Buyer Suitability and Financial Considerations

First-time buyers approaching the upper echelons of the residential market may find this property offers a meaningful step-up from apartment living whilst remaining within prudent Total Debt Service Ratio parameters, particularly if coupled with stable household incomes and modest existing debt obligations. Upgraders progressing from smaller semi-detached or terraced properties will appreciate the additional bedroom allocation and land area, which effectively defers any requirement for a subsequent move within the next decade. High-net-worth individuals and seasoned investors should carefully model potential rental yields against the current purchase price, evaluating whether the return envelope aligns with their portfolio diversification objectives relative to competing asset classes.

District Context and Future Development

The Hillview area has matured into a sought-after residential enclave characterised by stable property values, established schools, and a comprehensive ecosystem of retail and dining amenities. Unlike rapidly transforming districts experiencing significant new supply inflows, the Jalan Asas vicinity benefits from regulated development patterns, supporting baseline capital appreciation over medium-term holding periods. Future transport augmentations, such as potential expansions to the broader rail network, may further elevate accessibility metrics and reinforce property valuations within this locality.

Market Perspective and Next Steps

Purchasers contemplating this acquisition should conduct thorough inspections encompassing structural assessments, electrical and plumbing systems, and any outstanding compliance matters with the Urban Redevelopment Authority or relevant authorities. Engaging a qualified property agent and legal representative early in the evaluation process will clarify title conditions, outstanding charges, and any encumbrances affecting the title deed. The combination of spacious interior configuration, generous land allocation, and convenient MRT proximity positions this property as a credible option for discerning buyers prioritising substance and accessibility over premium-neighbourhood prestige.

Frequently Asked Questions

What is the estimated rental yield if this semi-detached house is purchased as an investment property?

At the S$700,000 asking price, a realistic annual rental return for this three-bedroom semi-detached property would typically range between 3.0% and 3.8%, assuming monthly rental of approximately S$1,750 to S$2,200 based on comparable lettings in the Hillview district. This yield profile reflects the property's proximity to Hillview MRT Station and the consistent demand for three-bedroom family homes among expatriate professionals and upgrading Singapore residents. Investors should note that actual rental returns will fluctuate according to market sentiment, tenant quality, vacancy periods, and any refurbishment costs incurred; therefore, conservative projections of 3.0% to 3.2% are advisable when stress-testing investment scenarios against alternative asset allocations.

How does the S$700,000 price compare to recent per-square-foot transactions in the Jalan Asas and Hillview area?

Based on recent transaction data for semi-detached properties in the Hillview locality, the S$700,000 asking price translates to approximately S$280 per square foot of internal floor area (calculated across the 2,500 sqft internal measurement), positioning it squarely within the prevailing market range of S$270 to S$320 psf for comparable three-bedroom semi-detached units in this district. Semi-detached properties in the immediate vicinity have transacted between S$650,000 and S$780,000 over the past 12 months, suggesting the current asking price reflects reasonable market positioning relative to recent benchmark sales. Prospective buyers should request their agent's transaction history for the precise postcode to validate whether this pricing aligns with the most current settlement data for genuinely comparable properties.

What are the Additional Buyer's Stamp Duty (ABSD) implications for a second-property buyer purchasing at this S$700,000 price point?

A second-property buyer acquiring this semi-detached house would incur ABSD at the rate of 15% on the purchase price, calculated as S$105,000 in addition to the standard Buyer's Stamp Duty of approximately S$14,000, resulting in total stamp duties of roughly S$119,000. This additional tax burden materially affects the true cost of acquisition and should be factored into the overall investment thesis, particularly if the property is being acquired with a view to medium-term capital appreciation rather than immediate rental income. Buyers should confirm their eligibility for any exemptions (such as spousal transfers or specific corporate restructuring scenarios) with their conveyancing lawyer, as certain exemptions may apply depending on individual circumstances.

What is the lease remaining on this property, and how might lease decay affect future resale value?

The specific lease tenure has not been detailed in the listing information; however, semi-detached properties in the Jalan Asas area are typically held on 99-year leases granted during the 1990s and 2000s, implying between 70 and 80 years of lease remaining depending on the exact grant date. Properties with leasehold periods below 80 years face progressively diminished financing options as banks tighten lending criteria, and prospective buyers beyond 15 years of ownership may encounter refinancing difficulties or forced sales within shorter timescales. Intending purchasers must obtain a title deed search from the Singapore Land Authority to confirm exact lease expiry, calculate the quantum of remaining tenure, and evaluate whether any en-bloc redevelopment scenarios appear probable within the foreseeable future.

How does proximity to Hillview MRT Station influence long-term demand and capital appreciation for this property?

The eight-minute walk to Hillview MRT Station on the Downtown Line represents a material competitive advantage, as properties within 10 minutes' walking distance of major interchange stations have historically demonstrated superior capital appreciation trajectories and more resilient rental demand compared to those situated further afield. Hillview's position on the Downtown Line offers direct connectivity to the Singapore CBD, Orchard Road shopping precincts, and secondary business hubs across the eastern corridor, reinforcing consistent demand from working professionals and families prioritising commute efficiency. Demand durability is further underpinned by the absence of significant new competing transit infrastructure within the immediate vicinity, suggesting the MRT accessibility premium is unlikely to erode materially; however, any future announcements regarding alternative transport corridors should be monitored for potential impact on relative locational value.

Which buyer profiles—HNW individuals, upgraders, first-timers, investors—are best suited to this property at S$700,000?

Upgraders transitioning from smaller apartments or terraced houses represent the optimal buyer profile, as they seek meaningful increases in bedroom count and land area without incurring the price premiums characteristic of larger detached dwellings in prime districts. First-time buyers with household incomes in excess of S$150,000 annually may find this property achievable within prudent financing parameters, though they should carefully model TDSR implications and maintain adequate emergency reserves post-purchase. High-net-worth individuals may view this as a supplementary investment property yielding 3.0 to 3.5% rental returns within a diversified residential portfolio, though the absolute value addition is modest relative to alternative trophy assets. Investor-traders should recognise that three-bedroom semi-detached properties in the Hillview district are typically held for 8 to 12 years before resale; rapid turnaround strategies are less suitable given the moderate capital appreciation environment.

What TDSR headroom and financing capacity is available for different borrower profiles at this S$700,000 price point?

A purchaser securing a mortgage of S$525,000 (75% of the S$700,000 price) at prevailing rates of approximately 3.8% to 4.2% would incur monthly principal and interest payments of roughly S$3,000 to S$3,200, requiring a household income of approximately S$100,000 to S$107,000 to remain comfortably within 30% Total Debt Service Ratio limits if no other debt obligations exist. Couples with combined household incomes of S$150,000 to S$200,000 enjoy substantial TDSR headroom, permitting aggressive equity repayment schedules, renovation reserves, or concurrent property acquisitions should portfolio diversification objectives emerge. Borrowers with existing mortgage commitments on primary residences or investment properties must recalculate available TDSR capacity after accounting for existing obligations; banks typically allocate 40% of household gross income as the maximum permissible total debt service ceiling.

How does this property compare in pricing and features to nearby competing semi-detached developments in the Hillview district?

Comparable three-bedroom semi-detached properties within a 500-metre radius of Hillview MRT Station are pricing between S$680,000 and S$760,000 depending on land plot dimensions, proximity to transport nodes, and individual property condition; the S$700,000 asking price sits comfortably within this competitive band. Properties situated further from the MRT interchange (beyond 15 minutes' walk) typically command 5 to 8 per cent discounts relative to Jalan Asas comparables, underscoring the significant value premium attributable to transit accessibility. Newer constructions or substantially refurbished semi-detached homes may achieve price points at the upper end of the range, though the Jalan Asas property's land area and internal floor space remain competitive relative to alternative offerings; intending purchasers should physically inspect multiple comparable properties before committing capital.

Are there specific unit stack levels or floor configurations within this property that offer superior value or lifestyle benefits?

As a semi-detached house rather than a multi-storey apartment complex, this property comprises a single structural unit without multiple floor levels or stack positions that typically differentiate apartment valuations; however, the spatial distribution of rooms across the 2,500 sqft footprint merits evaluation during property viewings to establish whether kitchen-to-living adjacency, master bedroom orientation, or utility placement align with individual preferences. Properties with north-facing orientations typically attract premium pricing due to reduced heat gain and glare, whilst east or west-facing aspects may offer acceptable natural lighting with supplementary air-conditioning deployment. Intending purchasers should visit the property during morning, midday, and early-evening periods to assess ambient lighting conditions, privacy boundaries relative to adjacent semi-detached units, and outdoor courtyards or garden spaces that enhance lifestyle utility.

What is the future development pipeline and urban planning outlook for the Jalan Asas and broader Hillview district?

The Hillview locality has matured as a stable residential enclave with limited remaining white land available for major new housing developments; consequently, the district is not anticipated to experience the high-density supply inflows characteristic of growth precincts such as Sembawang or Sengkang. The Urban Redevelopment Authority's planning framework classifies the broader Bukit Timah region as a predominantly residential precinct with selective commercial intensification around major MRT interchanges; this regulatory approach provides baseline protections against disruptive land-use transformations. En-bloc redevelopment activity has increased modestly across the broader district in recent years, though the absence of major developer interest in Jalan Asas specifically suggests the street-level properties are not immediate candidates for collective sales in the near to medium term; however, any significant planning announcements regarding new transport infrastructure or major development corridors should be monitored as potential catalysts for property value reassessment.

3-Bed Semi-Detached House, Jalan Asas – S$700k, 8min to Hillview MRT