Overview Rating
Overall, The Woodleigh Residences has a good location and proximity to amenities, with potential for resale value appreciation and rental yield. Its leasehold tenure could be seen as a potential downside but it is common for new developments in Singapore. Therefore, my overall rating score for The Woodleigh Residences would be 8 out of 10.
Tenure
The Woodleigh Residences has a leasehold tenure of 99 years, which is standard for most new properties in Singapore. While leasehold properties may have lower prices compared to freehold ones, it’s important to consider the implications of leasehold tenure such as the declining value over time. Based on this, I would rate this factor 6 out of 10.
Amenities
The Woodleigh Residences has a good location with walking distance to nearby schools and MRT stations. There are also supermarkets and clinics easily available nearby, which is convenient for residents. I would rate this factor 9 out of 10.
Future Development
The Bidadari area is being developed by the URA into a new residential estate with more parks and amenities, which will attract more residents in the near future. This development can boost property values in the surrounding area including The Woodleigh Residences. Based on this, I would rate this factor 9 out of 10.
Sale PSF Price
The average sale PSF price at The Woodleigh Residences is between $2,171 to $2,931 psf which is higher than the average PSF prices for condos in OCR and RCR regions but lower than condos in CCR region. Considering that it is located within walking distance from MRT station and amenities, I will rate this factor 7 out of 10.
Resale Potential
With its prime location within walking distance to MRT station and amenities coupled with the growing demand in the area due to upcoming developments like Bidadari Estate, there is potential for resale value appreciation in future years. I would rate resale potential factor as 8 out of 10.
Rental Yield
Based on recent data from URA and Realis, rental yield in Singapore ranges between 2% to 3%. Given that rentals at The Woodleigh Residences range between S$2,500 ~ S$12,000/mo; therefore it has potential for good rental yields that can be comparable or better than other similar projects around Singapore. Thus based on potential rental yield I will rate this factor 8 out of 10.
The Woodleigh Residences is a 99-year leasehold condo development located in Toa Payoh, District 13. Completed in 2024, it comprises a total of 667 units spread across 11 blocks within the development. The range of amenities available includes a BBQ area, function room, gym, jogging track, lap pool, pavilion, playground, and study room.
Location:
The Woodleigh Residences boasts an advantageous location that offers both convenience and leisure. It is within walking distance to MRT stations such as Woodleigh MRT and Potong Pasir MRT. This provides residents with easy access to other areas of Singapore. For families with children, the condo is close to schools like Stamford American International School, Norwegian Supplementary School and Cedar Primary School.
Shopping centers such as The Poiz Centre and NEX Shopping Mall are also situated nearby which offer various dining options and retail stores. Additionally, residents can head to nearby supermarkets like FairPrice – Potong Pasir Community Club for groceries and household products.
Units:
The units at The Woodleigh Residences are well-designed with practicality in mind. They come in different sizes ranging from two-bedroom units (570 sqft – 721 sqft) all the way up to four-bedroom units (1270 sqft). The layouts are designed to maximize space utilization while offering comfort and luxury.
The finishes are of high quality with a focus on details that offer an elegant look while also being functional. The floor plans are flexible enough to cater for different lifestyles and preferences.
Price:
The price point for units at The Woodleigh Residences ranges from $1,238,000 ~ $3,280,000 ($2,171 ~ $2,931 psf). Rental prices range from S$2,500 ~ S$12,000/mo depending on the unit size and layout.
Considering the current market conditions and comparable properties in the area, The Woodleigh Residences offers a competitive price relative to its features, amenities, and location. The units are worth the investment for those looking for a comfortable and luxurious lifestyle.
Conclusion:
Overall, The Woodleigh Residences represents a great investment opportunity for those seeking comfort and luxury. Its advantageous location close to public transportation, schools, and shopping centers make it an excellent choice for families with children or young couples. The range of amenities available also provides an added advantage. With well-designed units that offer practicality without compromising on elegance, The Woodleigh Residences is definitely worth
