BELLEWOODS Review

Condo Review 4 min read Last reviewed
District 25 · 99 yrs lease commencing from 2013 · Completed 2017
~$1,334Avg PSF (12-month)
561Total units
Category Ratings
Walkability
4.5
Investment
6.3
En-Bloc Potential
2.0
ShiokNest Score
4.2

Overview & Key Facts

BELLEWOODS is a 99 yrs lease commencing from 2013 condominium at WOODLANDS AVENUE 5 in District 25 (OCR), developed by QINGJIAN REALTY (WOODLANDS) PTE LTD, comprising 561 units, completed in 2017.

Developer
QINGJIAN REALTY (WOODLANDS) PTE LTD
Tenure
99 yrs lease commencing from 2013
Total units
561
TOP year
2017
District
25 — OCR
Street
WOODLANDS AVENUE 5
Lease remaining
~86 years (of 99)

Location & Connectivity

BELLEWOODS is approximately 890m from Admiralty MRT station, with 2 stations within 1.5 km.

MRT stations near BELLEWOODS
StationLineDistance
AdmiraltyNorth-South Line890m
Woodlands SouthThomson-East Coast Line1 km

Schools & Education

14 schools within 2 km (2 within 1 km priority zone).

Schools near BELLEWOODS
SchoolTypeDistance
Northland Primary SchoolPrimary230m
Admiralty Primary SchoolPrimary820m
Singapore Sports SchoolJc1 km
Christ Church Secondary SchoolSecondary1.2 km
Innova Primary SchoolPrimary1.3 km
Endeavour Primary SchoolPrimary1.3 km
Beacon Primary SchoolPrimary1.3 km
Ahmad Ibrahim Primary SchoolPrimary1.4 km

Unit Mix & Pricing

Unit mix for BELLEWOODS
TypeSalesAvg PSFAvg Price
2 BR56$1,199 psf$1,058,065
3 BR142$1,182 psf$1,382,450
4 BR21$1,103 psf$1,710,524

Market Position

BELLEWOODS has recorded 219 sales at an average price of $1,330,961.

BELLEWOODS sits at the 73rd percentile of District 25 condo PSF.
$1,334 psf
Avg PSF (12mo)
$1,330,961
Avg Price
3.7%
Gross Yield
219
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at BELLEWOODS typically rent harder per dollar of purchase price:

Per-bedroom gross yield at BELLEWOODS
TypeAvg RentAvg PriceGross Yield
2 BR$3,438/mo$1,058,0653.90%
3 BR$4,016/mo$1,382,4503.49%
4 BR$4,617/mo$1,710,5243.24%

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Price Appreciation

PSF trend for BELLEWOODS
YearSalesAvg PSFYoY
20216$933 psf
202292$1,104 psf↑ 18.2%
202343$1,177 psf↑ 6.7%
202437$1,238 psf↑ 5.2%
202525$1,336 psf↑ 8.0%
202616$1,331 psf↓ 0.4%

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The series remains near its 2025 high — BELLEWOODS prices sit 42.6% above where they began in 2021.


Neighbourhood Comparison

District 25 competitors
CondoTenureAvg PSFSales
NORWOOD GRAND99 yrs lease commencing from 2023$2,079 psf315
PARC ROSEWOOD99 yrs lease commencing from 2011$1,208 psf272
FORESTVILLE99 yrs lease commencing from 2012$1,038 psf257
TWIN FOUNTAINS99 yrs lease commencing from 2012$1,105 psf166
NORTHOAKS99 yrs lease commencing from 1997$818 psf150

Lease Analysis

With 86 years remaining on its 99-year lease, BELLEWOODS still qualifies for full bank financing and CPF usage.

Who This Actually Suits

Buyers most likely to be happy here: families with young children, car-owning households, p1 school balloting families and first-time hdb upgraders. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.

It is a weaker fit for cbd walking distance — other options likely serve them better. Walking distance to the Marina Bay financial cluster lets you skip transit entirely.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

BELLEWOODS is a 99 yrs lease commencing from 2013 development in District 25 (OCR), with 561 units, offering a gross yield of 3.7%.

At ~$1,334 psf, it represents a competitive entry point in the OCR segment.

Explore the full BELLEWOODS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing BELLEWOODS against staying public? These HDB towns sit within walking or short-drive distance:

  • Woodlands — 4-room average $561,158 (90m away), an upgrader gap of about $750,000
  • Sembawang — 4-room average $616,333 (1.9 km away), an upgrader gap of about $700,000

FAQ

What is the average PSF for BELLEWOODS?
The 12-month average is approximately $1,334 psf.
Is BELLEWOODS freehold?
BELLEWOODS has a 99 yrs lease commencing from 2013 tenure with ~86 years remaining.
What is the rental yield for BELLEWOODS?
The estimated gross yield is 3.7%.
Which MRT is nearest to BELLEWOODS?
The nearest is Admiralty MRT at 890m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 219 transactions
  • Rental data: 65 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 219 records analysed · Source: URA private-sale caveats

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