How much salary is needed to buy my first home or upgrade to a condo in Singapore?

The required salary depends on the property price and loan amount. Generally, you must meet the Total Debt Servicing Ratio (TDSR) limit, which caps total monthly debt payments (including mortgage) at 55% of your gross monthly income. Propseeker can perform an affordability assessment to determine the minimum income needed for your target property.

What should I do before upgrading from HDB to a private condo?

Before upgrading, secure financing by obtaining an In-Principle Approval (IPA) for your bank loan. Plan the sequence for selling your HDB and buying the condo, considering Additional Buyer’s Stamp Duty (ABSD) if applicable, and budget for all associated costs including stamp duties, legal fees, and agent commissions. Propseeker can help you map out the timeline efficiently.

Do I need to consider Feng Shui when buying or upgrading my home?

Many Singapore homeowners value Feng Shui when purchasing or upgrading homes. This includes optimizing unit orientation, furniture placement, colors, and ensuring a clutter-free main entrance to promote harmony and positive energy (Qi). Propseeker can advise on basic Feng Shui considerations for your property.

Is buying an Executive Condominium (EC) still worth it?

ECs are hybrid properties offering full condo facilities with initial HDB eligibility and price caps. They can deliver significant capital appreciation once fully privatized after 10 years. Propseeker can analyze potential EC investments based on your budget and goals.

Are Executive Condominiums affordable now?

While EC prices have risen, they remain more affordable than private condos for eligible buyers due to government grants, lower entry prices, and income ceilings. Propseeker can assess which EC projects fit your financial situation.

Should I upgrade from HDB to a private condo?

Upgrading requires a financial assessment including cash/CPF outlay, TDSR evaluation, and potential capital gains versus transaction costs. Propseeker provides personalized guidance to determine if upgrading is the right move for you.

Are Outside Central Region (OCR) property prices too high?

OCR prices have increased due to high demand, limited new launches, and rising land and construction costs. Detailed financial planning and comparison are essential before purchasing. Propseeker can help identify suitable OCR options within your budget.

How do I get started with property investment in Singapore?

Start by assessing your financial position, understanding loan eligibility, and identifying target property types. Propseeker offers investment guidance, helping you select properties with growth potential and plan purchases strategically.

Norwood Grand

Norwood Grand @ Champions Way is a distinguished new launch condo by City Developments Limited (CDL) in Northern Singapore’s District 25, offering a prime investment opportunity. This sophisticated development features around 348 residential units, each under a 99-year lease, with a variety of unit types ranging from 1 to 4 bedrooms, crafted to suit diverse preferences and lifestyles. With competitive pricing between S$1,682 to S$2,400 per square foot (PSF), Norwood Grand stands out as a valuable proposition in the current market.

Situated in the vibrant Woodlands neighborhood, Norwood Grand redefines luxury living with its contemporary design and state-of-the-art amenities. Residents will enjoy spacious units, elegant facilities, and excellent connectivity, including proximity to Woodlands South MRT and the upcoming Singapore-Johor Rapid Transit System (RTS), ensuring seamless access to both local and cross-border destinations.

Information

Sold: 293 units (84.20%)

From: $2,616,000 to $2,786,000

As of 11 April 2025

Maximum Connectivity and Schools

Woodlands Waterfront

With its picturesque trails and nature promenade, is just a short stroll or bike ride from the Woodlands Regional Centre.

Located along the Greater Rustic Coast, this historic waterfront boasts new amenities set within lush greenery, making it a popular spot for visitors of all ages.

Shopping Malls

You can conveniently shop for groceries and explore a variety of retail, dining, and entertainment options at nearby major shopping malls, including Causeway Point, Vista Point, and Woodgrove Shopping Mall.

MRT
Primary School
Secondary School
Other Schools
Supermarket

Woodlands MRT (11 mins walk)
Woodlands South MRT (6 mins walk)

Innova Primary School
Si Ling Primary School
Woodgrove Primary School
Woodlands Primary School
Woodlands Ring Primary School

Admiralty Secondary School
Evergreen Secondary School
Riverside Secondary School
Spectra Secondary School
Woodgrove Secondary School
Woodlands Secondary School

Singapore American School
Singapore Sports School

Fairprice Finest (Causeway Point)
Melton International Grocery (Woodgrove Shopping Mall)
Woolworths (Woodgrove Shopping Mall)

MRT
Primary School
Secondary School
Other Schools
Supermarket

Woodlands MRT (11 mins walk)
Woodlands South MRT (6 mins walk)

Innova Primary School
Si Ling Primary School
Woodgrove Primary School
Woodlands Primary School
Woodlands Ring Primary School

Admiralty Secondary School
Evergreen Secondary School
Riverside Secondary School
Spectra Secondary School
Woodgrove Secondary School
Woodlands Secondary School

Singapore American School
Singapore Sports School

Fairprice Finest (Causeway Point)
Melton International Grocery (Woodgrove Shopping Mall)
Woolworths (Woodgrove Shopping Mall)

Unit Mix

Bedroom	Area (Sqft)	Available Units	Price
4 Bedroom Premium + Study	~1313 – 1335	55	Enquire

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Disclaimer:

PropSeeker or its salespersons will not be responsible for any errors, omissions, changes, or for the results obtained from the use of this information. All information is provided with no guarantee of accuracy. If in doubt, kindly seek appropriate advice from your financial advisors, bankers, URA or other government website before you make any property investment decision.

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Norwood Grand

Information

Maximum Connectivity and Schools

Unit Mix

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