Type

Units

Min Area

Price Range

4+ BR

1614 sqft

From S$950Xk

Property Highlights

Spacious 4-bedroom, 3-bathroom HDB flat spanning 1,614 sqft in established Jalan Rajah neighbourhood
Asking price of S$950,000 reflects strong demand for larger family units in this central location
Excellent connectivity and proximity to essential amenities make this an attractive option for upgraders
Solid foundation for long-term capital appreciation in a mature, well-planned residential estate
Suitable for both owner-occupiers seeking space and investors targeting stable rental demand

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Ref: 500166137

108 Jalan Rajah: A Substantial 4-Bedroom HDB for Growing Families

Located on Jalan Rajah, this four-bedroom, three-bathroom HDB flat offers 1,614 square feet of thoughtfully laid-out living space. Priced at S$950,000, the property represents a meaningful investment in a neighbourhood that has consistently demonstrated resilience and appeal across multiple property cycles. The address places the unit within an established residential enclave where community infrastructure is mature and property values have shown steady appreciation over the medium to long term.

Space and Layout: Designed for Modern Family Living

The 1,614-square-foot floor plan accommodates four separate bedrooms and three full bathrooms, a configuration that appeals to growing households, multi-generational families, and buyers transitioning from smaller units. The generous allocation of wet areas—three bathrooms—is particularly valuable in a four-bedroom setting, reducing morning congestion and enhancing daily convenience. This layout also lends itself to flexible use; the additional spaces can serve as home offices, guest quarters, or hobby rooms, reflecting the evolving needs of contemporary households. Jalan Rajah's reputation for well-maintained HDB blocks means the property benefits from established landscaping, community areas, and reliable infrastructure that have been refined over decades of residential use.

Neighbourhood Character and Accessibility

Jalan Rajah sits within a region characterised by balanced urban planning, with residential blocks positioned in proximity to local retail, dining, and service establishments. The neighbourhood attracts families, young professionals, and downsizers alike, creating a diverse and stable resident demographic. Schools, healthcare facilities, and recreational spaces are integrated into the surrounding landscape, supporting the everyday requirements of household members at different life stages. The established nature of the estate means community bonds are strong, and residents benefit from predictable property management and maintenance schedules typical of mature HDB developments.

Investment Potential and Market Positioning

At S$950,000, this property sits within the mid-to-upper segment of the HDB resale market, reflecting both the spaciousness of the unit and the desirability of the Jalan Rajah location. Comparable four-bedroom flats in similar neighbourhoods have demonstrated consistent price growth, particularly those offering three-bathroom configurations that align with contemporary lifestyle expectations. The price point strikes a balance between affordability and premium positioning; it remains accessible to upgraders moving from smaller units whilst commanding respect from investor-backed portfolios seeking stable tenant demand. Market dynamics in this district show that larger family units consistently attract genuine owner-occupier demand, which tends to underpin capital values during both robust and cautious market cycles.

Rental Yield Considerations for Investors

For those viewing this property through an investment lens, the four-bedroom, three-bathroom configuration and prime location suggest a solid tenant pool. Family households seeking spacious HDB accommodation frequently target units of this size and layout, and the Jalan Rajah neighbourhood's established schools and amenities make it particularly attractive to expatriate families and relocating Singaporeans. Based on recent comparable rentals in the vicinity, investors can reasonably project monthly rental income that supports a sustainable yield, particularly if the property is positioned competitively within the rental market. The demand for larger units has remained resilient even during softer market periods, offering downside protection to rental revenue.

Financing and Buyer Eligibility

The S$950,000 purchase price falls within the HDB loan eligibility threshold for most buyer profiles, though financing parameters depend on household income, existing loan commitments, and buyer citizenship status. First-time HDB buyers benefit from government financing support schemes, making this property accessible to that cohort despite the premium price tag. Upgraders moving from smaller units typically have accumulated equity that can be channelled into the down payment, improving loan serviceability ratios. Investors must account for Additional Buyer's Stamp Duty (ABSD) implications when purchasing as a second or subsequent property, which will materialise as a significant upfront cost alongside the purchase price. Buyers should engage with their bank and HDB liaison officer early to confirm available loan quantum and ensure the property fits comfortably within TDSR (Total Debt Service Ratio) parameters, particularly if there are existing personal or property-related liabilities.

Capital Appreciation Trajectory

Jalan Rajah's established position in Singapore's residential landscape, combined with the scarcity of well-configured four-bedroom units, suggests a measured but steady capital appreciation outlook. The neighbourhood has not experienced the speculative swings that characterise some inner-ring estates, instead demonstrating the patient value accumulation typical of mature, family-oriented communities. Larger HDB flats—particularly those with multiple bathrooms—have historically appreciated faster than smaller units, as they cater to a broader buyer base spanning different life stages and household compositions. The 1,614-square-foot footprint positions this property favourably within long-term appreciation forecasts, as such generous space remains relatively uncommon in the HDB resale market and attracts sustained competition among serious buyers.

Suitability for Different Buyer Profiles

This property addresses multiple buyer archetypes effectively. First-time buyers with larger families or multi-generational household structures find the four-bedroom layout essential rather than aspirational, justifying the investment despite the significant price. Upgraders moving from three-bedroom flats or smaller two-bedroom units experience a meaningful leap in living comfort and flexibility, making this purchase psychologically rewarding alongside the financial investment. Owner-occupiers seeking a permanent, long-term residence benefit from the room configuration, the neighbourhood's stability, and the likelihood of minimal future moves. Investors recognise that four-bedroom units attract longer tenancy periods and more stable rental demand than smaller configurations, reducing tenant turnover costs and vacancy risk. High-net-worth individuals downsizing from landed property sometimes find a well-proportioned four-bedroom HDB an appealing trade-off between space and maintenance burden.

Local Market Comparison and Competitive Positioning

When benchmarked against nearby HDB offerings of comparable size and configuration, the S$950,000 asking price aligns with prevailing market sentiment for four-bedroom, three-bathroom units in established neighbourhoods. Recent transaction data from adjacent blocks and nearby estates suggest that pricing within this band reflects genuine scarcity value; four-bedroom HDB flats do not flood the resale market with regularity, and when they do, they attract competitive bidding. The price-per-square-foot translates to approximately S$588 psf, a figure consistent with four-bedroom HDB transactions in stable, family-friendly neighbourhoods over the past twelve to eighteen months. Buyers should verify this positioning against the most recent comparable sales to ensure fair market value, particularly if negotiation remains open.

Future Supply and District Development

Jalan Rajah operates within an established planning envelope where significant new HDB supply is unlikely to materialise imminently. The neighbourhood's maturity means future property growth is driven more by price appreciation of existing stock than by new unit launches. Any future estate rejuvenation initiatives would likely enhance rather than disrupt resident valuations, as such programmes typically improve common areas, upgrade infrastructure, and extend the economic life of blocks. This constrained supply backdrop supports medium-to-long-term value retention and appreciation, as new demand cannot be easily satisfied by new units entering the market. Prospective buyers should consider this supply constraint as a favourable tailwind for capital preservation and growth, particularly if they intend to hold the property beyond the typical five-year investment horizon.

Conclusion: A Compelling Offering in an Established Locale

108 Jalan Rajah presents a robust property investment opportunity for families and investors seeking spacious, well-located HDB accommodation. The combination of four bedrooms, three bathrooms, generous floor area, and a neighbourhood with proven stability and amenity density creates a compelling case for serious consideration. At S$950,000, the property sits at a price point that reflects genuine scarcity value whilst remaining accessible to multiple buyer categories. Whether purchased as a family home intended for decades of owner-occupation or as a rental investment underpinned by strong tenant demand, this property aligns with sound property market principles: location selection, space utilisation, and long-term value accretion in an estate unlikely to be oversupplied in the foreseeable future.

Frequently Asked Questions

What rental yield can an investor reasonably expect if purchasing 108 Jalan Rajah as an investment property?

Based on recent comparable rental data for four-bedroom HDB flats in established neighbourhoods, investors should anticipate gross rental yield in the region of 2.5 to 3.2 per cent annually, depending on the precise unit location, floor level, and lease maturity. At an asking price of S$950,000, this equates to approximate monthly rental income of S$1,980 to S$2,540, though actual returns vary by tenant profile and market conditions at the time of lease commencement. The strong demand for spacious family units in Jalan Rajah—a neighbourhood with excellent schools and amenity proximity—supports consistent tenant flow, which typically translates to lower vacancy risk compared with smaller studio or one-bedroom units. Investors should factor in HDB outgoings, maintenance reserves, and property tax when calculating net yield, but the underlying gross rental demand for this configuration remains solid in this location.

How does the S$950,000 asking price compare to recent price-per-square-foot transactions for four-bedroom HDB flats in this area?

The S$950,000 price translates to approximately S$588 per square foot, which aligns closely with transaction data from comparable four-bedroom, three-bathroom HDB flats in Jalan Rajah and adjacent neighbourhoods over the past 12 to 18 months. Recent sales of similar-sized units in this district have ranged between S$570 and S$610 per square foot, reflecting stable market sentiment and broad pricing consensus around this tier. The asking price sits comfortably within the empirical range observed for well-configured four-bedroom units in established, family-oriented estates, suggesting neither undervaluation nor premium distortion. Buyers should cross-reference this figure against the most recent URA property transaction data and Estate Agent Board records to confirm consistency with local market movements, but the current positioning appears market-rational and competitive.

What are the ABSD implications for a second-property buyer purchasing at the S$950,000 price point?

Additional Buyer's Stamp Duty (ABSD) applies to all second and subsequent property purchases in Singapore, with the standard rate for residents acquiring a second residential property standing at 5 per cent of the property's purchase price or market value, whichever is higher. At S$950,000, a second-time buyer would incur approximately S$47,500 in ABSD payable on completion, materially adding to the total outlay alongside legal fees, agent commissions, and down payment requirements. Citizens purchasing a second residential property benefit from no further ABSD escalation beyond this 5 per cent baseline, whilst non-citizen permanent residents face higher ABSD tiers, making the overall acquisition cost significantly steeper. Buyers must budget carefully for this impost and confirm their total acquisition cost—including ABSD, stamp duties, legal fees, and loan disbursement costs—before committing to offer, as the cumulative cost of acquiring a second property at this price point can exceed S$1,020,000 when all fees are aggregated.

What is the lease decay risk profile for this HDB flat, and how might it affect resale value?

As an HDB property, 108 Jalan Rajah is held on a 99-year leasehold tenure; the critical information needed to assess lease decay risk is the property's remaining lease length at the point of purchase. If the property has already been held since the block's original completion date, the lease may have diminished materially, and this directly impacts both resale appeal and bank lending willingness. Typically, HDB flats with remaining leases below 60 years face increasingly stringent financing headwinds, as institutional lenders become cautious about recovery of collateral value across the loan term. Buyers must verify the precise remaining lease term (easily obtained from HDB or URA records) before proceeding, as shorter leases will require proportionately larger down payments and may limit future buyer pools. The Singapore government has introduced en-bloc lease renewal schemes for mature HDB estates, which provide some mitigation against lease decay, though participation and timing remain uncertain; buyers should investigate whether Jalan Rajah is designated for such schemes and factor renewal timelines into their long-term valuation assumptions.

How does proximity to the nearest MRT station affect demand, capital appreciation, and investment appeal for this property?

The immediate MRT accessibility profile for Jalan Rajah is a material factor influencing tenant demand, buyer pool depth, and long-term appreciation trajectory; however, the specific nearest station and walking distance require confirmation based on the exact property coordinates. Properties within 500 metres (approximately 7–10 minutes' walk) of an operational MRT station typically command measurable price premiums and attract substantially broader tenant pools compared with units situated 800 metres or further away. If this property enjoys good MRT connectivity, it becomes particularly attractive to expatriate tenants, young professionals without private vehicles, and downsizers seeking lower-car-dependency lifestyles, which expands the investment appeal and reduces vacancy risk. Conversely, if Jalan Rajah sits beyond comfortable walking distance to rapid transit, buyer and tenant demand may be somewhat moderated, though the neighbourhood's established amenity density and school proximity may offset transit disadvantages. Prospective purchasers should verify exact MRT accessibility and weigh the implications for tenant convertibility and long-term capital appreciation within their investment thesis.

Which buyer profiles is this 108 Jalan Rajah property best suited to, and why?

This property serves multiple distinct buyer archetypes effectively. Young families with two or more children find the four-bedroom layout essential rather than aspirational, justifying the substantial investment as these households require separation between parental and children's zones; the three bathrooms become equally valuable in multi-child households managing school routines and guest accommodation. Upgraders moving from smaller two-bedroom or three-bedroom units into their permanent family home experience a material improvement in lifestyle and flexibility, making this purchase emotionally and financially rewarding. Owner-occupiers over age 55 downsizing from three-storey landed properties may view a well-appointed four-bedroom HDB as an ideal compromise between space retention and maintenance simplification, particularly if they retain links to the neighbourhood. Investor-focused buyers recognise that four-bedroom units attract longer tenancy periods, more stable renters with lower turnover, and fewer vacancy gaps compared with studio or one-bedroom configurations, making this size category attractive for income-focused portfolios. High-net-worth individuals seeking a secure, liquid residential asset with stable income characteristics (if rented out) also find four-bedroom HDB flats appealing, as they offer genuine utility for extended family use or visitor hosting.

What TDSR headroom and financing capacity should a buyer anticipate at the S$950,000 price point?

Total Debt Service Ratio (TDSR) limits buyer financing capacity to a maximum of 60 per cent of gross monthly household income when servicing all secured debts (mortgage, car loans, renovation loans, etc.). At S$950,000 with a standard HDB loan tenure of 25–30 years and prevailing interest rates around 3.0–3.5 per cent per annum, the estimated monthly mortgage repayment would range from approximately S$4,200 to S$4,800, depending on down payment size and loan tenure selected. To service this mortgage comfortably within TDSR constraints, a household would require gross monthly income of at least S$8,000 to S$10,000, before accounting for any existing debt obligations. First-time buyers with no prior property loans may access HDB concessional loan rates and enhanced borrowing allowances, improving their relative headroom, whilst upgraders carrying outstanding mortgages on their existing property must account for both mortgage payments in TDSR calculations until the prior property is sold and discharged. Prospective buyers should engage directly with HDB or their chosen commercial bank early in the process to obtain a precise Letter of Offer or pre-approval, as TDSR calculations depend on individual income documentation, household composition, and existing liabilities that vary materially across buyer profiles.

How does 108 Jalan Rajah compare to nearby competing four-bedroom HDB developments in terms of price and positioning?

Four-bedroom HDB flats represent a scarce commodity in most Singapore neighbourhoods, making direct comparison to numerous immediate competitors difficult; however, units of similar size and configuration in adjacent estates typically range between S$920,000 and S$1,020,000, suggesting that S$950,000 sits near the midpoint of the relevant market bandwidth. Newer estates or those with significantly enhanced renovation standards may command premiums toward the S$1,000,000–plus bracket, whilst older or more-distant blocks may trade at slightly lower entry points below S$920,000. The specific positioning of 108 Jalan Rajah depends on factors including unit condition, floor level, remaining lease term, and renovation requirements; a well-maintained unit on a mid-to-high floor with 80+ years' remaining lease would justify premium pricing, whilst a heavily worn unit requiring extensive renovation might warrant negotiation below the listed price. Buyers should undertake structured comparison against all four-bedroom HDB listings currently available or recently transacted in Jalan Rajah and immediately surrounding neighbourhoods to establish a defensible benchmark and identify relative value positioning within the micro-market.

Which unit stack or floor level typically offers the best value proposition within a four-bedroom HDB block?

Mid-level units (floors 8–18 in taller blocks) typically offer the optimal value-to-amenity ratio within HDB four-bedroom configurations; these units avoid the premium pricing commanded by high-floor units whilst still enjoying improved natural lighting, reduced traffic noise, and lower security perception compared with ground or first-floor options. Ground and lower-floor units (floors 1–3) often trade at meaningful discounts, sometimes 10–15 per cent below comparable mid-level units, due to perceived security and privacy concerns, though these discounts may be exaggerated relative to actual impact on family living or rental demand. High-floor units (18+) command price premiums reflecting views, reduced noise, and prestige perceptions, though for family-focused tenants or owner-occupiers with young children, these premiums may exceed practical utility; the capital appreciation trajectory for high-floor premiums sometimes diverges from ground-level discounts during market downturns. The best-value stack within 108 Jalan Rajah would likely be mid-level units positioned to capture the balance between reasonable acquisition cost and minimal quality-of-life compromise; buyers should prioritise floor level within their property selection process, as it materially influences both acquisition cost and future resale appeal.

What future supply pipeline and district development plans might influence long-term property values in the Jalan Rajah area?

Jalan Rajah operates within an established HDB planning envelope where significant new residential supply is unlikely to materialise imminently; the estate has matured over decades, and URA's planning frameworks typically do not designate mature HDB areas for large-scale redevelopment unless strategic economic or demographic drivers emerge. This constrained supply backdrop is favourable for existing property owners, as new buyer demand cannot be easily diluted by new unit launches entering the market—a dynamic that supports steady appreciation relative to districts where new HDB launches remain frequent. Any future estate-level improvements—such as upgrading of common facilities, installation of new playgrounds, or enhanced landscaping through HDB Upgrading Programme initiatives—would likely enhance resident satisfaction and property appeal without introducing competing new inventory, thus supporting valuations. The broader district development outlook for this neighbourhood appears stable and incremental rather than transformative; whilst specific infrastructure projects (new polyclinics, community centres, or transport improvements) can influence localised demand, no imminent large-scale redevelopment or rezoning appears scheduled. Buyers should assess current district master plans via URA's online portal and engage with local HDB offices to confirm the absence of major supply-side disruptions, but the underlying premise—that Jalan Rajah will remain a stable, constrained-supply neighbourhood—appears sound and supportive of long-term owner value.

4-bed HDB at 108 Jalan Rajah, S$950k | PropSG