Type

Units

Min Area

Price Range

2 BR

883 sqft

S$1.8M

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$1.8M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$370K on this acquisition.
Located 10 min (800 m) from EW18 Redhill MRT Station.

Price Trends & Rental Yield

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The Crest: Contemporary Living in Redhill's Thriving Residential Heart

The Crest stands as a compelling residential proposition in one of Singapore's most strategically positioned neighbourhoods. Situated at 105 Prince Charles Crescent, this development taps into the enduring appeal of the Redhill enclave, a district that has consistently attracted owner-occupiers and investors seeking the rare combination of central accessibility and established community charm. The location offers residents immediate proximity to essential infrastructure, vibrant commercial precincts, and an ecosystem of educational facilities that has made this corner of Singapore increasingly desirable over the past decade.

Positioned approximately 800 metres from Redhill MRT station on the East West Line, The Crest benefits from the kind of connectivity that underpins both lifestyle convenience and capital value. This walking-distance proximity to EW18 eliminates the friction of daily commuting, allowing residents to reach the CBD, Changi Airport, and other major employment hubs within 20–30 minutes. The MRT accessibility has historically bolstered property demand in this district, as buyers recognise the intrinsic value of not requiring a car for essential journeys. Over successive property cycles, MRT-proximate developments in this corridor have demonstrated resilience and steady appreciation, reflecting the consistent preference among Singaporeans for time-saving transport advantages.

Design and Amenities Focused on Contemporary Living

Units at The Crest are conceived with the modern household in mind. Generous floor plates are complemented by thoughtful finishes that appeal to both young professionals and established families. Outdoor spaces—including balconies—provide respite and ventilation, addressing the lifestyle expectations of affluent Singapore residents accustomed to indoor-outdoor transitions. The development's positioning within an established residential precinct means that residents enjoy the mature suburban ambiance of tree-lined streets and established commercial services, rather than the transience of newly minted estates still finding their footing.

Neighbourhood Character and Essential Services

The Redhill precinct has evolved into a well-rounded residential enclave with robust supporting infrastructure. Families evaluating The Crest will note the proximity to highly regarded educational institutions, including Crescent Girls' School and Gan Eng Seng School—both established fixtures within the neighbourhood. Retail and food services benefit from the presence of major supermarket chains and informal dining precincts, ensuring that daily errands remain convenient. This density of established amenities—schools, shopping, dining, healthcare—is precisely what differentiates established mature estates from newly launched developments still awaiting full commercial activation.

Investment Characteristics and Rental Market Positioning

From an investment perspective, The Crest occupies an interesting position within the Redhill rental ecosystem. The development's accessibility to the CBD and established international school catchments has historically attracted expatriate tenants, both with corporate relocation packages and family-focused household structures. Properties in this locality have demonstrated steady rental uptake, with tenant quality and occupancy rates reflecting the area's appeal to discerning renter profiles. Prospective purchasers evaluating The Crest as an investment vehicle should recognise that the rental market in this pocket of Singapore remains dynamic, underpinned by consistent demand from both corporate housing and independent rental seekers.

Capital Structure and Market Positioning

The pricing architecture at The Crest reflects the location's established standing and the quality of finishes delivered within the units themselves. Comparable transactions in the immediate area over recent years indicate that properties at this juncture in the property cycle command pricing that reflects both the MRT proximity premium and the maturity of the surrounding neighbourhood. First-time buyers, upgraders, and investors will each evaluate The Crest against their respective priorities, though all will benefit from the inherent advantages of a location that does not require active management of transport friction or the search for essential services.

Financing and Purchase Framework

Potential purchasers should approach property acquisition at The Crest with an understanding of the full financial picture, including stamp duties and lending parameters. For Singapore Citizens acquiring a second residential property, Additional Buyer's Stamp Duty (ABSD) applies at 20%, layered atop the standard buyer's stamp duty. This consideration materially affects the total cost of acquisition and should be factored into investment return calculations and affordability assessments. Banks typically extend financing at attractive terms for properties in established central-south locations, recognising both the asset quality and the resale liquidity that characterise MRT-proximate developments.

Lease Tenure and Long-Term Asset Viability

Properties within The Crest benefit from the lease structure typical of Singapore residential real estate in prime locations. Understanding tenure, its trajectory over time, and the eventual impact on resale value is crucial for any buyer, particularly those acquiring for multi-decade holding periods. The Crest's positioning in an established district, combined with its MRT accessibility, has positioned it as a location where asset values have historically held resilience, though buyers should always factor lease decay into long-term financial planning and resale value projections.

Competitive Landscape and Area Supply Dynamics

The Redhill corridor and surrounding central-south districts continue to attract developer interest, though the supply pipeline remains disciplined by the scarcity of available sites and the planning constraints that characterise this part of Singapore. The Crest competes within a context of limited new supply and an established rental and sales market that has absorbed previous launches with steady absorption rates. Prospective buyers should recognise that central-south locations have historically commanded premiums relative to newer estates in outer rings, reflecting both the infrastructure density and the proven appeal of the neighbourhood to tenant and owner-occupier profiles alike.

Buyer Profiles and Suitability Assessment

The Crest appeals across multiple buyer personas. First-time purchasers benefit from the established neighbourhood infrastructure and the clarity of rental-market dynamics should they eventually need liquidity. Upgraders moving within the Redhill corridor or relocating from outer estates will appreciate the convenience premium and the quality finishes. High-net-worth individuals may view The Crest as a held asset within a diversified Singapore property portfolio, particularly given the rental yield potential and the low management overhead that characterises this location. Investors seeking income-producing assets will evaluate the current and forward-looking rental market before committing capital, though the track record of this area suggests a receptive tenant market with corporate and expatriate demand drivers.

Frequently Asked Questions

What rental yield should I anticipate if I purchase a unit at The Crest as an investment property?

Rental yield at The Crest is influenced by the location's established appeal to expatriate tenants and corporate housing segments, combined with the ready availability of CBD-bound workers attracted by EW18's connectivity. Based on comparable transactions and current market lettings in the Redhill precinct, investors can reasonably model gross rental yields in the region of 3–3.5%, though individual unit characteristics and lease length negotiations will produce variation. The rental market in this corridor has demonstrated resilience across property cycles, supported by consistent demand from both corporate relocations and independent family-seeking renters, though purchasers should always conduct property-specific market research and verify tenant demand before committing capital.

How does pricing per square foot at The Crest compare to recent arm's-length transactions in the same area?

Pricing at The Crest reflects the established premium that central-south, MRT-proximate properties command relative to outer-ring developments, with per-square-foot metrics typically aligning with recent Redhill and surrounding Tiong Bahru corridor transactions. The development's positioning—genuinely walkable to EW18, surrounded by established amenities, and benefiting from proven rental demand—positions pricing in the upper quartile for the immediate area, though competitive relative to newly launched schemes in comparable locations. Prospective buyers should cross-reference recent transaction data from the Urban Redevelopment Authority and conduct comparative analysis across the micro-market, as pricing premiums within individual pockets of Redhill can fluctuate based on specific unit configurations, floor levels, and view orientation.

What are the ABSD implications for a Singapore Citizen purchasing a second residential property at The Crest?

Singapore Citizens acquiring a second residential property are subject to Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, calculated on the purchase price after standard stamp duty has been applied. For a development like The Crest, this translates to a material cost component that materially impacts the total capital outlay and should feature prominently in affordability and investment return calculations. A purchaser should budget for ABSD in addition to standard buyer's stamp duty, legal fees, and any associated disbursements, and should factor these costs into their financial planning and return-on-investment modelling before proceeding to completion.

What lease decay risk exists at The Crest, and how might it affect long-term resale value?

Lease tenure and its trajectory is a material consideration for any residential property purchase, particularly for buyers intending multi-decade holdings or viewing the asset through an estate-planning lens. The Crest's positioning in a prime central-south location has historically afforded developments greater resilience against lease decay—rental and sales markets in the Redhill corridor have demonstrated willingness to absorb properties even as lease durations decline below the 99-year threshold, though resale velocity and achievable pricing do eventually compress as lease tenures drop below 80–90 years. Prudent buyers should factor the lease schedule into their long-term financial projections, model potential price impacts across decade-based intervals, and consider the point at which lease decay might necessitate refinancing or renovation strategies to maintain market competitiveness.

How does proximity to Redhill MRT station influence demand and capital appreciation for developments like The Crest?

MRT proximity has proven one of the most durable demand drivers in Singapore residential real estate, and properties within an 800-metre walk of EW18 consistently demonstrate stronger rental absorption, faster sales velocity, and more resilient capital values across property cycles compared to non-proximate alternatives. The East West Line's role as a principal CBD and airport connector means that Redhill MRT commands persistent demand from commuting professionals, and this transportation convenience translates into sustained pricing premiums relative to developments requiring car-dependent or longer transit times. Historical analysis of the Redhill corridor demonstrates that MRT-proximate schemes have outpaced broader market appreciation, particularly during downturns, reflecting the inelastic demand for time-saving transport infrastructure and the way this fundamentally underpins both occupier and investor preferences.

Which buyer profiles—first-time, upgrader, investor, HNW—are most suited to The Crest, and why?

First-time purchasers benefit from The Crest's MRT accessibility, established neighbourhood infrastructure, and clear market demand characteristics, which reduce the learning curve typically faced by inaugural property buyers. Upgraders relocating within or into the Redhill corridor will appreciate the convenience premium and the quality finishes delivered within units, particularly those already familiar with the area and seeking to avoid expatriate relocation costs. Investors focused on income-producing assets will recognise the rental market positioning and the consistency of corporate and family-seeking tenant demand, though they must satisfy themselves that gross yields align with their portfolio hurdle rates. High-net-worth individuals viewing The Crest as part of a diversified property portfolio may prioritise the asset quality, the low management overhead, the MRT connectivity reducing the need for active oversight, and the historical resilience of central-south properties during downturns—considerations that align with long-term wealth preservation strategies rather than trading-driven acquisition.

What TDSR and financing headroom should I anticipate at The Crest's current price points?

Total Debt Servicing Ratio (TDSR) at The Crest's prevailing price points typically permits mortgage financing at standard loan-to-value ratios—commonly 75–80% for owner-occupiers and potentially lower for investment purchasers—depending on individual creditworthiness and the lending institution's risk appetite. A purchaser with a combined household income of S$150,000 annually and existing debt commitments within prudent parameters would typically service mortgage obligations on a typical unit at The Crest with TDSR headroom, though this varies materially based on interest-rate assumptions, existing liabilities, and the specific loan amount sought. Prospective buyers should engage with banks to obtain loan pre-approval letters that reflect their personal financial circumstances before committing to an offer, as this clarifies the financing capacity available and the resulting purchase price envelope they can safely access.

How does The Crest compare to competing developments in nearby Tiong Bahru, Tiong Poh, or surrounding precincts?

The Crest occupies a unique position within the immediate micro-market—it is situated in an established residential pocket with proven rental and sales market dynamics, whereas competing developments in Tiong Bahru proper or other immediately adjacent areas may offer newer finishes or varying amenity profiles but often lack The Crest's MRT accessibility or the maturity of the surrounding neighbourhood infrastructure. Tiong Bahru has experienced significant appreciation over the past decade, though much of this has been driven by conservation shophouse demand and newer condominium launches that command premium pricing relative to more established schemes. The Crest's comparative advantage lies in its genuine walkability to EW18, its positioning within an established residential enclave already well-proven with tenant demand, and the pricing efficiency relative to some of the newer launches in nearby precincts that may command premiums reflective of developer marketing rather than fundamental scarcity or infrastructure advantage.

Which unit stacks or floor levels at The Crest offer the best value relative to finishes and market demand?

Mid-floor units—typically floors 8–15 in developments of similar height—historically command pricing equilibrium between lower-floor units (which may suffer from street noise, security concerns, or perception of lower prestige) and high-floor units (which attract premiums for views and quietness but may experience higher exposure to sun-load and warrant premium pricing). Within The Crest, mid-floor units oriented away from busy arterial roads and benefiting from established tree cover in the surrounding neighbourhood offer compelling value, as they deliver the lifestyle amenities (ventilation, light, outlook) that justify the property investment while avoiding the outsized premiums often attached to penthouse or ultra-high stacks. Prospective buyers should evaluate individual unit orientations, aspect exposure, and proximity to building facilities (lift lobbies, refuse chutes, plant rooms) that may generate operational noise, as these factors often produce more meaningful quality-of-life impacts than simple floor-level categorisation.

What is the forward-looking supply pipeline in the Redhill and central-south districts, and how might this affect The Crest's competitive positioning?

The Redhill and broader central-south corridor faces supply constraints rooted in land scarcity and the planning framework that protects established residential character whilst limiting density—this disciplined supply environment has historically supported pricing resilience and demand consistency compared to outer-ring districts experiencing multiple concurrent launches. The Urban Redevelopment Authority's development guidelines for this pocket of Singapore emphasise conservation and managed intensification rather than large-scale new supply, meaning that incremental launches in the area are likely to remain sporadic and small-footprint rather than representing disruptive competitive pressures. The Crest therefore benefits from an operating environment where future supply additions are unlikely to materially erode its market positioning or trigger competitive pricing pressure, a structural advantage that distinguished established central-south schemes from developments in areas experiencing infrastructure-driven bulk supply.

The Crest — From S$1.8M