SELL & RENT HDBS IN WOODLANDS ESTATE
Woodlands (兀兰), Singapore’s northern gateway to Malaysia, is a vibrant regional center in the North Region.
Part of the North West CDC, it is well-connected by Woodlands MRT interchange station (North-South and Thomson-East Coast Lines), Marsiling and Admiralty MRT stations, and major expressways like the SLE and BKE.
Woodlands offers residents a unique blend of urban living and natural scenery. Its ongoing transformation under the ‘Star Destination of the North’ master plan promises to enhance its position as a key regional centre.
These are some of the HDB subzones in the Woodlands estate:
- Admiralty
- Marsiling
- Woodlands Central
- Woodlands East
- Woodlands West
To us, this is Mexico without the crime – the hawker centres and shops are a short distance away like in Mexico.
Mexican American staying in Woodlands
QUICK LINKS
HDB WOODLANDS BRANCH OFFICE
7 INTERESTING FACTS ABOUT WOODLANDS HDB ESTATE
(a) Historical Origins:
The area was originally home to the Orang Seletar, indigenous “Sea People” who lived on boats along Singapore’s northern coast. The name “Woodlands” came from its densely forested appearance when viewed from Johor across the Straits.
(b) Gateway to Malaysia:
- Before 1924: People used ferries to cross the Straits of Johor since 1845
- 1924: Completion of the Woodlands Causeway
- Present day: Serves as one of the busiest border crossings in the world
(c) Early Development:
The first HDB flats in Woodlands New Town were constructed in 1972 in northern Marsiling, marking the beginning of the area’s transformation from rural woodland to modern township.
(d) Future Growth – Woodlands North Coast:
- First BTO project launch: February 2025
- Development scale: 21 hectares
- Expected yield: Approximately 4,000 new homes
- Part of Woodlands’ transformation into the “Star Destination of the North”
(e) Enhanced Connectivity:
The upcoming 1.9km WoodsVista Gallery, a collaborative project between HDB and National Parks Board, will provide:
- Dedicated walking paths
- Cycling routes
- Enhanced connectivity for residents
- Green corridors linking various parts of Woodlands
(f) Recreational Excellence:
Admiralty Park holds a unique Singapore record with its 26 slides – the highest number in any local park, making it a premier destination for families and outdoor enthusiasts.
(g) Modern Infrastructure:
- Woodlands Regional Centre development
- Multiple MRT lines serving the area
- Integration of residential, commercial, and recreational spaces
- Enhanced connectivity to both Singapore and Malaysia
Are you considering selling, buying or renting out your HDB flat in Woodlands?
Or simply curious about the HDB housing scene in Woodlands?
Check out the HDB median resale prices and rental statistics for Woodlands below.
I will be updating these statistics every quarter.
HOW ARE HDB RESALE PRICES IN WOODLANDS?
Quarterly Woodlands HDB Median Resale Prices up to Q3 2024
SALE ANALYSIS FOR WOODLANDS HDB RESALE FLATS
Note: All prices shown are median resale prices. The median price represents the middle value when all transactions in a quarter are arranged from lowest to highest, providing a better representation of the typical price than an average would.
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Woodland’s resale market showed strong growth:
3-Room Flats:
- Starting median price (2020-Q1): $263,000
- Current median price (2024-Q3): $425,000
- Median price appreciation: 61.6% in ~4 years
Key Observations:
- Steady upward trend since 2020
- Sharp acceleration from 2022 onwards
- Median prices stabilized around $370,000-$425,000 in recent quarters
- Strongest quarterly median price recorded in 2024-Q2/Q3 at $425,000
4-Room Flats:
- Starting median price (2020-Q1): $340,000
- Current median price (2024-Q3): $530,000
- Median price appreciation: 55.9% in ~4 years
Key Observations:
- Consistent upward trajectory
- Crossed $500,000 mark in 2023-Q4
- Recent quarters show continued growth momentum
- Price increased by $190,000 in this period
5-Room Flats:
- Starting median price (2020-Q1): $405,000
- Current median price (2024-Q3): $640,000
- Median price appreciation: 58% in ~4 years
Key Observations:
- Strong and steady appreciation
- Crossed $600,000 mark in 2024-Q1
- Shows consistent quarter-on-quarter growth
- Less volatile compared to other flat types
Executive Flats:
- Starting median price (2020-Q1): $578,000
- Current median price (2024-Q3): $872,500
- Median price appreciation: 51% in ~4 years
Key Observations:
- Crossed $800,000 mark in 2023-Q2
- Shows strong price momentum in recent quarters
- Reached new highs in 2024
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- Starting median price (2007-Q2): $152,500
- Current median price (2024-Q3): $425,000
- Total median price appreciation: 178.7%
4-Room Flats:
- Starting median price (2007-Q2): $225,500
- Current median price (2024-Q3): $530,000
- Total median price appreciation: 135%
5-Room Flats:
- Starting median price (2007-Q2): $278,000
- Current median price (2024-Q3): $640,000
- Total median price appreciation: 130.2%
Executive Flats:
- Starting median price (2007-Q2): $350,000
- Current median price (2024-Q3): $872,500
- Total median price appreciation: 149.3%
P.S. HDB provides the median resale price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graph for the executive HDB flats in Woodlands has some gaps. There were less than 20 transactions in those quarters.
HIGHEST RESALE PRICE
Highest resale price achieved for the different Woodlands HDB flat types in 2024-Q3:
a) HDB 3-room flat: $482,000 @ 886C Woodlands Drive 50
b) HDB 4-room flat: $696,000 @ 183C Woodlands Street 13
c) HDB 5-room flat: $790,000 @ 183C Woodlands Street 13
d) HDB executive flats: $1,108,000 @ 805 Woodlands Street 81
Looking to sell your Woodlands HDB flat or explore your upgrading options?
I’ve helped many sellers. I can help you, too.
HOW ARE HDB RENTAL PRICES IN WOODLANDS?
Quarterly Woodlands HDB Median Rental Prices up to Q3 2024
RENTAL ANALYSIS FOR WOODLANDS HDB FLATS
Note: All prices shown are median rental prices. The median rental price represents the middle value when all transactions in a quarter are arranged from lowest to highest, providing a better representation of the typical rental price than an average would.
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Woodland’s rental market showed strong growth:
2-Room Flats:
- Limited recent data
- First appeared in 2023-Q3: $2,300
3-Room Flats:
- 2020-Q1: $1,400 → 2024-Q3: $2,600
- Increase: +85.7%
4-Room Flats:
- 2020-Q1: $1,730 → 2024-Q3: $3,000
- Increase: +73.4%
5-Room Flats:
- 2020-Q1: $1,800 → 2024-Q3: $3,200
- Increase: +77.8%
Executive Flats:
- 2020-Q1: $2,050 → 2024-Q3: $3,600
- Increase: +75.6%
Key Observations:
- Steepest rise began in 2022 due to post-pandemic demand
- 3-room flats saw highest percentage increase
- Rental gaps range from $200 to $400 between flat types
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- 2007-Q2: $875 → 2024-Q3: $2,600
- Total Growth: +197.1%
4-Room Flats:
- 2007-Q2: $1,100 → 2024-Q3: $3,000
- Total Growth: +172.7%
5-Room Flats:
- 2007-Q2: $1,250 → 2024-Q3: $3,200
- Total Growth: +156%
Executive Flats:
- 2007-Q2: $1,337 → 2024-Q3: $3,600
- Total Growth: +169.3%
P.S. HDB provides the median rental price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graph for 2-room HDB flats in Woodlands has many gaps. There were less than 20 transactions in those quarters.
HIGHEST RENT
Highest rent achieved for the different Woodlands HDB flat types in 2024-Q3:
a) HDB 3-room flat: $3,600 @ 767 Woodlands Circle
b) HDB 4-room flat: $4,900 @ 767 Woodlands Circle
c) HDB 5-room flat: $4,200 @ 168 Woodlands Street 11
d) HDB executive flat: $5,000 @ multiple locations
Looking to rent out your Woodlands HDB flat or explore your options?
I’ve helped many landlords. I can help you, too.
Check out the sales & rental trends in other HDB towns in Singapore.
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WHAT BRINGS YOU HERE TODAY?
Are you wondering what to do in today’s market?
Perhaps you already have a clear mind of what you want to do?
In my blog, I often share stories of the challenges, triumphs, and lessons learned in my work as a real estate agent in Singapore.
Regardless of your situation, you can use me as a sounding board. I’ll provide perspective and clarity from my experience.
