Woodlands home prices set to soar as new developments kick in

Some of the cheapest houses can currently be found here.

Gone are the days when Woodlands was just a quiet, underappreciated suburb. The area is set for a transformation thanks to new initiatives rolled out by Ministry of National Development, and house prices in the town are expected to soar in the near future.

Among the developments rolled out by the MND is Kampung Admiralty, a project that will feature dining and retail outlets and social and healthcare facilities. The development of the Woodlands regional centre and the construction Thomson East Coast Line and the North South Expressway are also catalysts for the area, stated a report from OrangeTee Research.

“With prices in the area being one of the lowest in Singapore, Woodlands HDB prices may be one of the fastest growing when the above developments are complete,” the report noted.