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Condo

[For Sale] Maple Woods — From S$3.2M

985 Bukit Timah Road

1 for sale
3 people are looking at this property right now
Condo

[For Sale] Maple Woods — From S$3.2M

Maple Woods
1 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 1 1324 sqft S$3.2M
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Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$3.2M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$640K on this acquisition.
  • Located 3 min (240 m) from DT6 King Albert Park MRT Station.

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Maple Woods: A New Standard of Living on Bukit Timah Road

Maple Woods stands as a distinguished residential development in one of Singapore's most coveted neighbourhoods. Located at 985 Bukit Timah Road, this condominium project captures the essence of refined urban living whilst maintaining proximity to lush greenery and established community amenities that define this sought-after district.

The development benefits enormously from its strategic positioning just three minutes' walk—approximately 240 metres—from King Albert Park MRT Station on the Downtown Line (DT6). This proximity to quality public transport infrastructure significantly enhances connectivity across the island, whether residents are commuting to the Central Business District, Marina Bay, or accessing the broader MRT network. The station's modern facilities and frequent service intervals make car-dependent living entirely optional, a considerable advantage in today's vehicle-centric Singapore property market.

Location and Neighbourhood Character

Bukit Timah has long been synonymous with affluence and stability. The area surrounding Maple Woods comprises primarily low-rise residential properties, boutique shopping establishments, and well-regarded educational institutions. Residents enjoy immediate access to neighbourhood dining venues, independent retailers, and the peaceful ambience that characterises this part of Singapore. The proximity to Bukit Timah Nature Reserve further elevates the lifestyle proposition, offering weekend recreational opportunities without requiring a lengthy drive.

The neighbourhood's established character means that property values have historically demonstrated resilience through property cycles. Unlike emerging districts still undergoing transformation, Bukit Timah's trajectory is already well-defined, with a consistent track record of attracting quality buyers seeking long-term stability rather than speculative gains.

Design and Unit Specifications

Maple Woods offers contemporary living spaces designed to accommodate modern family dynamics and professional requirements. The units span multiple bedroom configurations, with some reaching 1,324 square feet or larger, providing generous floor plates that allow for flexible interior arrangements. The 3-bedroom, 3-bathroom units exemplify the development's commitment to delivering functional luxury rather than cramped high-density living.

Interior finishes reflect modern residential design standards, with quality materials and thoughtful layouts that maximise natural light and ventilation. The balance between built-up area and functional living space demonstrates an understanding of what discerning residents actually value—not merely headline square footage, but intelligently planned interiors that support comfortable daily living.

Amenities and Facilities

The development provides a curated selection of facilities designed to enhance resident wellbeing and encourage community interaction. These amenities form an integral part of the overall value proposition, particularly for families and those seeking a more holistic residential environment beyond mere accommodation.

Investment and Capital Appreciation Considerations

Properties in the Bukit Timah corridor have demonstrated consistent capital appreciation over medium to long-term holding periods. The combination of established neighbourhood status, proximity to quality transport infrastructure, and limited new supply in this district creates a favourable environment for property value retention and gradual appreciation. Investors considering Maple Woods should recognise that this location attracts buyers seeking stability rather than rapid turnovers, supporting a more predictable investment trajectory.

Rental yield potential exists given the neighbourhood's appeal to expatriate families and established professionals, though prospective investor-purchasers should conduct detailed yield analysis based on current market rental rates for comparable units in the area. The accessibility via public transport may also appeal to younger professionals seeking convenient locations without full ownership of private vehicles.

Financial Considerations for Buyers

Prospective purchasers should be aware that Additional Buyer's Stamp Duty (ABSD) implications apply to second residential property acquisitions by Singapore Citizens. For a second residential property purchase, the ABSD rate stands at 20%, representing a significant additional cost that must be factored into the total acquisition expense. First-time property buyers, however, are not subject to ABSD and may find Maple Woods an appropriate entry point into the Bukit Timah market.

Total Debt Servicing Ratio (TDSR) requirements mean that prospective buyers must demonstrate sufficient income to service the mortgage alongside existing financial obligations. At typical price points for this development, buyers should ensure mortgage pre-approval before proceeding to formal offers, as lender requirements have become increasingly stringent in recent years.

Comparative Market Position

Within the Bukit Timah locality, Maple Woods occupies a distinct position as a newer residential offering in an area dominated by older landed and low-rise apartment properties. This relative scarcity of new condominium supply in the district supports the development's value proposition, as buyers seeking contemporary finishes and modern amenities have limited alternatives in this established neighbourhood. The price per square foot at Maple Woods reflects this market positioning, representing neither a budget option nor an ultra-luxury outlier, but rather a premium-mainstream property suited to quality-conscious purchasers with substantial purchasing power.

Long-Term Viability and Market Outlook

The Bukit Timah area faces limited future supply pipeline development, given strict planning restrictions and the established residential character that authorities have sought to preserve. This supply constraint, combined with consistent demand from quality-focused buyers, suggests that property values in this district should remain resilient. The completion of King Albert Park MRT Station in recent years represented a transformational infrastructure investment for this neighbourhood, and properties positioned near this station continue to benefit from enhanced connectivity and accessibility.

Maple Woods represents a thoughtfully positioned residential development suited to diverse buyer profiles. Whether purchased by upgrading families seeking more spacious accommodation, high-net-worth individuals drawn to the neighbourhood's established prestige, or investors evaluating the rental market potential, this development offers a credible proposition within Singapore's competitive residential landscape.

Frequently Asked Questions

What rental yield can investors expect from Maple Woods properties?

Rental yield at Maple Woods depends on unit configuration, floor level, and view orientation, typically ranging from 2.5% to 3.5% gross yield based on current market rental rates for comparable Bukit Timah condominium units. The neighbourhood attracts expatriate families and established professionals willing to pay premium rents for established residential neighbourhoods with quality transport connectivity, supporting stable tenant demand. Investors should conduct detailed yield analysis by comparing similar 3-bedroom or larger units currently rented in the Bukit Timah area to arrive at realistic net yield figures after accounting for property tax, maintenance fees, and vacancy periods.

How does Maple Woods pricing compare to recent per-square-foot transactions in Bukit Timah?

Bukit Timah's price per square foot varies significantly depending on property age, condition, and proximity to the MRT station, with newer condominiums typically commanding S$1,200 to S$1,600 per square foot whilst older walk-up apartments trade at lower rates. Maple Woods, as a contemporary development with modern amenities positioned 240 metres from King Albert Park MRT Station, sits within the premium segment of this range, reflecting the value buyers assign to newer construction, updated facilities, and convenience location. Recent comparable transactions for new units in the Bukit Timah locality suggest market acceptance of per-square-foot pricing consistent with Maple Woods' positioning, particularly for buyers unwilling to compromise on finishes or building age.

What is the ABSD impact if I'm buying Maple Woods as a second property?

Singapore Citizens purchasing a second residential property face an Additional Buyer's Stamp Duty of 20%, applied to the purchase price on top of standard stamp duty and other acquisition costs. For a Maple Woods unit priced at S$3.2 million, ABSD would add S$640,000 to total acquisition costs, representing a substantial financial burden that significantly impacts overall investment returns and must be carefully evaluated before proceeding. First-time property buyers are exempt from ABSD and should explore first-property purchase options in this development, as the 20% duty substantially reduces net returns for investor-purchasers acquiring second properties.

Is lease tenure a concern for Maple Woods properties, and how might it affect resale value?

The tenure structure of Maple Woods units requires verification with current sales documentation, as new condominium developments in Singapore are typically offered with 99-year or 999-year leasehold tenure. A 999-year lease presents minimal practical depreciation risk over the holding period most residential buyers consider, whilst 99-year leases require longer-term buyers to monitor lease decay as properties approach their seventh decade of lease life. Assuming freehold or 999-year tenure, lease decay presents no meaningful resale value constraint for Maple Woods purchases, though buyers should definitively confirm the tenure structure before committing to purchase.

How does proximity to King Albert Park MRT Station enhance demand and capital appreciation?

King Albert Park MRT Station's completion in recent years represented a transformational infrastructure upgrade for the Bukit Timah area, directly improving accessibility to the Central Business District, Marina Bay, and broader island connectivity via the Downtown Line. Properties positioned within 250 metres of an MRT station consistently command price premiums over similar units further afield, as buyers value convenient public transport access for daily commuting and reduced reliance on private vehicles. The station's presence has attracted sustained buyer interest in the surrounding neighbourhood, supporting capital appreciation trajectories and tenant demand that position Maple Woods advantageously within the broader Bukit Timah market.

Which buyer profiles is Maple Woods best suited for?

Maple Woods appeals to upgrading families seeking larger, more contemporary accommodation within an established neighbourhood, with appeal particularly strong for those with school-age children benefiting from proximity to highly-regarded educational institutions. High-net-worth individuals drawn to Bukit Timah's prestige and established residential character find the development's modern amenities and location advantageous, offering contemporary living without requiring relocation to newly-developed districts. First-time property buyers with substantial purchasing power and investor-purchasers evaluating stable long-term rental demand also represent suitable buyer profiles, though investors should carefully assess ABSD implications and actual rental yield achievable in this particular locality.

What TDSR and financing headroom should I expect at Maple Woods price points?

At typical Maple Woods pricing of S$3.2 million, prospective buyers require annual household income of approximately S$450,000 to S$600,000 to service 80% LTV mortgages within standard TDSR constraints of 60%, assuming no other existing debt obligations. Singapore lenders typically offer 80% loan-to-value financing for properties in established neighbourhoods, with loan tenure generally capped at 35 years, meaning buyers require substantial income documentation and clean credit histories to secure approval. Prospective purchasers should obtain mortgage pre-approval from their preferred lender before making offers, as TDSR calculations have become increasingly stringent and individual circumstances vary considerably based on existing liabilities and income stability.

How does Maple Woods compare to competing developments in Bukit Timah?

Maple Woods competes within a relatively limited universe of newer condominium supply in the Bukit Timah district, where the established residential character has restricted significant new development. Competing properties tend to comprise older walk-up apartments, strata-titled houses, or conversions of former colonial-era properties, rather than purpose-built modern condominiums with contemporary amenities and finishes. This relative scarcity of new competitive supply strengthens Maple Woods' market position by offering quality-conscious buyers a contemporary alternative to ageing stock, with the trade-off of moderately higher pricing reflecting the value of newness and modern construction standards.

Which unit stacks or floor levels offer the best value at Maple Woods?

Mid-range floor levels (typically 5th to 12th floors) at Maple Woods generally offer superior value compared to lower floors or premium-priced high floors, avoiding ground-floor limitations around privacy and noise whilst delivering excellent city and surrounding greenery views at moderately discounted pricing. Units positioned away from the main road frontage typically benefit from reduced traffic noise whilst capturing privacy advantages, supporting long-term occupant satisfaction and stable rental performance for investor-purchasers. Buyers should physically inspect multiple unit stacks and visit during different times to evaluate natural light quality, ventilation patterns, and ambient noise levels, as personal preferences regarding views and exposure vary considerably and significantly impact both enjoyment and resale appeal.

What is the future supply pipeline outlook for residential properties in Bukit Timah?

Bukit Timah faces significant restrictions on future new residential supply development, given the neighbourhood's established residential character and authority policies prioritising preservation of the area's low-density, family-oriented identity. The completion of King Albert Park MRT Station has not triggered the intensive redevelopment observed in some other MRT-adjacent areas, suggesting that planning authorities intend to maintain Bukit Timah's distinctive character rather than facilitate high-density intensification. This constrained supply pipeline, combined with consistent demand from quality-focused buyers seeking established neighbourhoods, creates a supportive environment for property value retention and gradual appreciation, positioning developments like Maple Woods advantageously relative to areas facing significant future competition from new supply.