Type

Units

Min Area

Price Range

Other

204 sqft

S$2,000/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$2,000.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$400 on this acquisition.
Located 8 min (640 m) from TE16 Havelock MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

55 Havelock Road: Central Living in Outram's Vibrant Precinct

55 Havelock Road represents a compelling housing opportunity in one of Singapore's most dynamically evolving precincts. Situated in Outram, this HDB development places residents at the intersection of urban convenience, cultural heritage, and commercial vitality. The location ensures that everyday access to transport, dining, and employment hubs is seamless, whilst the neighbourhood's character and established community infrastructure provide a stable foundation for long-term occupancy or investment.

The development's proximity to Havelock MRT Station (TE16) is a defining feature. At approximately eight minutes' walk or 640 metres from the station, residents enjoy direct access to the Thomson-East Coast Line, which connects the precinct to Marina Bay financial hub, the growing leisure district at Gardens by the Bay, and onward to residential neighbourhoods in the eastern and northern corridors. This level of public transport integration significantly reduces commute friction for working professionals and enhances the asset's appeal to rental tenants who prioritise connectivity.

Unit Design and Space Efficiency

The units at 55 Havelock Road are engineered for space efficiency, with compact floor plates that reflect modern urban living standards. At 204 sqft, these homes are designed to maximise usable living area whilst maintaining the functional layout essential for daily living. Such configurations are particularly attractive to first-time buyers seeking an affordable entry into the property market, young professionals relocating to Singapore's central business zones, and investors looking to capture the high-yield rental segment that values proximity to transport and workplace hubs.

The modest footprint also translates to lower utility costs, reduced maintenance burden, and faster turnover between tenancies—factors that improve net rental yield for buy-to-let purchasers. In a district where land scarcity drives premium rental rates, compact, efficient units command consistent tenant demand and support strong occupancy rates year-round.

The Outram Advantage: Location and Neighbourhood Evolution

Outram's position on Singapore's urban map has undergone significant transformation in recent years. The district bridges the heritage conservation efforts around nearby Tiong Bahru—known for its art galleries, independent cafés, and boutique retail—with the modern commercial infrastructure of the CBD. This duality makes 55 Havelock Road particularly appealing to residents and investors seeking exposure to a neighbourhood in transition, where urban renewal, commercial intensification, and cultural preservation coexist.

Havelock Road itself is a well-established arterial spine, home to a diverse mix of businesses, food establishments, and service providers. The immediate vicinity supports both daytime foot traffic (driven by office workers and commercial tenants) and evening activity (powered by residents and leisure seekers). For investors, this translates to reliable tenant demand across professional demographics and sustained capital value appreciation as the district continues to attract both commercial operators and residential buyers seeking prime central living.

Rental Yield and Investment Potential

For property investors, 55 Havelock Road presents a compelling yield-focused opportunity. The combination of compact unit sizes, strong MRT connectivity, and location within a sought-after business district supports consistent rental demand and competitive monthly rates. The HDB lease structure and regulated environment provide transparency and stability absent in many private residential markets, reducing the risk of unexpected regulatory changes or management complications.

The tenant profile in this location skews towards working professionals, expatriate assignees, and business travellers who prioritise location convenience over unit size. This demographic exhibits lower vacancy risk, accepts compact footprints, and demonstrates consistent rental payment discipline. Investors purchasing units at 55 Havelock Road should model yields based on the strong historical absorption rates observed across comparable HDB stock in the Outram and Bukit Merah districts.

Financing and Buyer Considerations

Purchasers financing through HDB concessional loans or bank mortgages will benefit from transparent interest-rate frameworks and predictable repayment schedules. The modest unit prices typical of compact HDB stock at this location mean that Total Debt Servicing Ratio (TDSR) constraints are rarely prohibitive for creditworthy borrowers, and loan-to-value ratios remain favourable for mainstream financing channels.

Second-property buyers should note that Additional Buyer's Stamp Duty (ABSD) applies at 20% for Singapore Citizens acquiring a second residential property. Whilst this represents a material uplift in purchase costs, the strong rental yield profile and capital appreciation potential of centrally located HDB units often justify the additional outlay for disciplined investors with a medium to long-term holding horizon.

Market Positioning and Competitive Context

55 Havelock Road occupies a distinct position within Singapore's HDB landscape. Its central location, strong public transport linkage, and proximity to employment clusters position it competitively against other compact units in nearby precincts. Comparable supply in the Bukit Merah, Tiong Bahru, and Tanjong Pagar neighbourhoods shows that Havelock Road units command consistent rental premiums and stable capital values, particularly amongst professional tenant segments and upgraders seeking a smaller home in a prime location.

The development's accessibility also makes it attractive to international relocators and company-sponsored housing programmes, which typically seek central locations with excellent MRT access and proximity to CBD office clusters. This inbound demand provides a consistent baseline of rental enquiries and supports the investment case for buy-to-let purchasers.

Lease Tenure and Long-Term Asset Viability

As an HDB property, 55 Havelock Road operates under the standard HDB lease framework. The development benefits from HDB's comprehensive maintenance regime, transparent lease management, and government backing—factors that stabilise long-term asset values and eliminate the lease-decay concerns that typically affect private leasehold properties over multi-decade holding periods. This structural stability is a significant advantage for investors and owner-occupiers alike, particularly when compared to private freehold or leasehold alternatives in nearby commercial or mixed-use zones.

The HDB framework also ensures that unit valuations remain anchored to consistent, auditable pricing methodologies, reducing speculative volatility and supporting steady long-term capital appreciation aligned with district-wide economic activity and neighbourhood evolution.

Future Outlook and Supply Dynamics

The Outram district's continued commercial intensification, coupled with ongoing heritage preservation and public realm improvements, suggests sustained demand for residential units in this location. Limited pipeline additions in the immediate Havelock Road vicinity mean that existing stock at 55 Havelock Road is positioned to benefit from any supply-demand imbalances as the district's working population and visitor traffic continue to grow. Investors and owner-occupiers should view current availability as a time-sensitive opportunity to secure exposure to a neighbourhood poised for continued capital appreciation and rental growth.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a unit at 55 Havelock Road?

Compact HDB units at 55 Havelock Road typically command monthly rents in the range that reflects strong demand from working professionals and business travellers seeking prime central locations. When calculated against the purchase price of units at this development, gross rental yields (before expenses) commonly range between 4–5% annually, with net yields ranging 3–4% after accounting for property tax, maintenance, and management costs. The strong tenant base attracted by Havelock MRT proximity and CBD access, combined with consistent occupancy rates, supports reliable yield performance compared to suburban HDB alternatives. Investors should model their specific purchase price against current market rental rates for comparable units in Outram to validate yield assumptions.

How does the price per square foot at 55 Havelock Road compare to recent HDB transactions in Outram and nearby districts?

Recent HDB transactions in the Outram and Bukit Merah precincts reveal that per-square-foot pricing varies by lease remaining, unit size, and exact location within each development. Comparable units at Havelock Road typically trade within the mid-to-premium range for central HDB stock, reflecting the district's established connectivity to the CBD, proximity to commercial hubs, and appeal to professional tenant segments. Whilst compact units elsewhere in Bukit Merah or Tanjong Pagar may transact at slightly lower per-sqft rates, the MRT proximity and commercial activity at Havelock Road justifies a modest pricing premium. Prospective buyers should review recent transacted prices for units of similar size and remaining lease duration within a 500-metre radius to establish fair-market benchmarks.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizen second-property buyers at this development?

Singapore Citizens purchasing a second residential property (including HDB units) are liable for Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. For a unit priced at S$500,000, for example, ABSD would amount to S$100,000, significantly increasing total acquisition costs. This duty applies in addition to the standard buyer's stamp duty and must be factored into total financing requirements and return-on-investment calculations. However, the strong rental yield profile and capital appreciation potential of centrally located Havelock Road units frequently justify the ABSD cost for disciplined long-term investors. Second-property purchasers should engage a conveyancer to model the full tax impact before committing to purchase.

Are there lease-decay concerns affecting the long-term resale value of units at 55 Havelock Road?

As an HDB property, 55 Havelock Road operates under the standard HDB lease framework, which eliminates the lease-decay risk inherent in private leasehold properties. HDB leases are structured to maintain their viability across multi-decade holding periods, and HDB valuations remain anchored to transparent, government-backed pricing methodologies rather than speculative market forces. This structural stability contrasts sharply with private leasehold properties, where shrinking lease duration can trigger sharp value depreciation as the lease approaches the 70–80 year threshold. Purchasers at 55 Havelock Road can therefore hold units indefinitely without facing the lease-decay concerns that would apply to comparable private freehold or leasehold stock nearby, providing long-term investment security and family succession planning flexibility.

How does proximity to Havelock MRT Station (TE16) affect demand, rental rates, and capital appreciation at this location?

Havelock MRT Station (TE16) on the Thomson-East Coast Line provides direct, rapid connectivity to Marina Bay's financial and leisure precincts, making 55 Havelock Road exceptionally attractive to working professionals, expatriate assignees, and business travellers. The eight-minute walking distance ensures that commute friction is minimised for tenants and owner-occupiers alike, supporting both rental demand and capital appreciation. Historical data from comparable HDB developments within 500–800 metres of major MRT stations demonstrates faster price growth and lower vacancy rates compared to developments further from transport nodes. As Singapore's business clusters continue to intensify and working-age populations prioritise location convenience, properties with Havelock MRT accessibility are positioned to benefit disproportionately from sustained tenant demand and capital gains, making the MRT proximity a material driver of long-term asset performance.

Which buyer profiles are best suited to purchasing at 55 Havelock Road: first-timers, upgraders, investors, or high-net-worth individuals?

55 Havelock Road serves multiple buyer profiles effectively. First-time purchasers benefit from affordable entry pricing into central Singapore, strong MRT connectivity, and government-backed HDB stability. Upgraders and young professionals seeking to downsize or relocate closer to CBD employment find the compact, efficient units highly functional. Buy-to-let investors appreciate the strong tenant demand, high occupancy rates, and reliable yield potential from this location. High-net-worth individuals may view 55 Havelock Road as a secondary portfolio asset for yield diversification or as a stepping stone prior to a larger upgrade within the same central precinct. The development's flexibility across multiple buyer motivations—combined with its location at the intersection of affordability and premium connectivity—makes it a genuinely versatile asset that appeals across the investor and owner-occupier spectrum.

What are the TDSR implications and financing headroom for typical buyers at this development's current price points?

Total Debt Servicing Ratio (TDSR) constraints are rarely prohibitive for mainstream borrowers purchasing units at 55 Havelock Road, given the modest unit prices typical of compact HDB stock at this location. A buyer with a monthly gross household income of S$6,000–8,000 will typically find themselves well within TDSR thresholds (currently capped at 55% of gross monthly income) when financing a unit price in the S$400,000–550,000 range with a conventional 25-year mortgage at prevailing HDB or bank rates. This healthy headroom means that creditworthy first-timers, upgraders, and investors can access loans without onerous equity requirements or co-borrower obligations. Purchasers should engage a bank or HDB loan officer early in their evaluation to model precise financing availability based on their individual income profile and existing debt obligations.

How does 55 Havelock Road compare in value and positioning to other HDB developments in Outram, Bukit Merah, and nearby Tanjong Pagar?

55 Havelock Road occupies a premium position within the central HDB landscape relative to suburbs further afield, but trades at comparable valuations to other Outram and Bukit Merah stock with similar MRT accessibility and commercial district proximity. Recent transactions at Havelock Road show price levels consistent with nearby Pinnacle@Duxton and Tiong Bahru precincts, though Havelock Road's compact, modular unit configuration attracts a slightly different buyer segment (professional tenants, investors, first-timers) compared to larger-unit mixed developments nearby. Tanjong Pagar HDB units command modest premiums in some sub-categories, reflecting that district's heritage cachet and cultural draw, but Havelock Road's direct MRT link and commercial-district positioning offset this gap. Buyers should treat 55 Havelock Road and competing central HDB stock as a cohort and evaluate individual units based on lease remaining, exact floor level, and interior condition rather than development-wide pricing differentials.

Are certain unit stacks, floor levels, or orientations at 55 Havelock Road preferable for value retention or rental appeal?

Mid-level units (approximately floors 5–15, depending on the development's total height) typically command the strongest rental appeal and resale value at dense urban HDB developments like 55 Havelock Road. These units strike a balance between avoiding ground-level street noise whilst remaining accessible for elderly tenants and those with mobility constraints. East or north-facing units often fetch modest premiums due to natural light and reduced afternoon heat, though orientation matters less in a compact 204-sqft layout where all rooms receive adequate natural ventilation. Lower-floor units (floors 2–4) may attract modest discounts due to perceived street-noise concerns, whilst very high-floor units occasionally trade at slight discounts if the development lacks lift access to those levels. Investors and owner-occupiers should prioritise lease remaining and overall condition over floor-level premiums, as these structural factors more substantially influence long-term value and occupancy stability than marginal floor-height differences.

What is the future supply pipeline for residential units in Outram, and how might it affect 55 Havelock Road's capital appreciation outlook?

The Outram district benefits from a relatively constrained new residential pipeline, with limited greenfield land availability and existing zoning oriented toward mixed-use commercial development rather than mass-residential expansion. Recent strategic initiatives have focused on commercial intensification and heritage preservation in adjacent Tiong Bahru rather than residential densification in the immediate Havelock Road vicinity. This supply scarcity is a material tailwind for existing residential stock like 55 Havelock Road, as any growth in working-age populations, office employment, and visitor traffic will place upward pressure on rents and capital values in the absence of new competing supply. Conversely, potential future integrated developments or commercial-to-residential conversions in nearby Tanjong Pagar or Clarke Quay could introduce new competitive supply; however, such projects typically target larger, premium-positioned units rather than compact, efficiency-focused configurations. Overall, the muted residential pipeline supports a constructive outlook for capital appreciation at 55 Havelock Road over the medium to long term.

[For Rent] Hdb Flat At Havelock Road — From S$2,000