Type

Units

Min Area

Price Range

4 BR

1506 sqft

S$800K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$800K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$160K on this acquisition.

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?

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115 Ho Ching Road: A Mature HDB Development Offering Spacious Family Living

115 Ho Ching Road represents a well-established residential address in Singapore's HDB landscape, featuring spacious four-bedroom units that cater to families and upgraders seeking generous living configurations. The development comprises resale units with floor areas exceeding 1,500 square feet, providing ample room for multi-generational households or those who value open-plan living spaces. Units at this address are currently listed from S$800,000, positioning them competitively within the mid-range HDB resale market for larger family units.

The neighbourhood surrounding 115 Ho Ching Road has matured over decades, establishing itself as a stable residential enclave with reliable access to essential services, retail facilities, and food establishments. The area benefits from the kind of settled infrastructure that appeals to buyers prioritising everyday convenience and community stability over newer developments. For families considering a residential move, the combination of spacious internal layouts and established surroundings offers practical appeal.

Unit Specifications and Layout Features

Units available at this address offer four-bedroom, two-bathroom configurations spread across approximately 1,506 square feet, allowing for flexible living arrangements suitable to different household compositions. The two-bathroom provision ensures practical functionality for larger families, whilst the generous total area permits creative interior design and furnishing options. The four-bedroom format appeals particularly to upgraders transitioning from smaller units and families requiring dedicated spaces for work-from-home arrangements, guest accommodation, or study areas.

The floor area of over 1,500 sqft places these units in the larger segment of HDB resale offerings, commanding corresponding pricing levels in the current market. This size category typically attracts buyers who have either outgrown smaller units or who prioritise space and comfort as primary purchase drivers. The specification aligns with proven demand patterns for family-oriented HDB stock across Singapore's resale market.

Market Position and Resale Appeal

HDB resales in the four-bedroom category remain consistently sought after, reflecting sustained demand from family purchasers and upgraders navigating Singapore's residential property landscape. The established nature of the 115 Ho Ching Road locality supports predictable resale dynamics, with comparable units in the area maintaining strong buyer interest. The price point of approximately S$800,000 reflects market positioning commensurate with unit specifications and neighbourhood characteristics, offering a balanced risk-return profile for owner-occupiers and investors alike.

Capital appreciation prospects for HDB stock depend heavily on lease tenure, market conditions, and the trajectory of the broader resale market. Four-bedroom units typically command premium valuations within their category, driven by limited supply of larger family-sized HDB stock across Singapore. The demographic demand for such configurations—particularly from expanding families and upgraders—provides structural support for pricing resilience and gradual appreciation over extended holding periods.

Investment and Financing Considerations

Buyers approaching this development from an investment perspective should factor in typical HDB rental yield patterns for four-bedroom resale units, which generally range between 2.5% to 3.5% net annual yield depending on rental market conditions and acquisition price. The quantum of capital required at current price levels will necessitate substantial mortgage financing for most buyers, with Total Debt Servicing Ratio (TDSR) calculations becoming particularly relevant at this price point. First-time homebuyers utilising the Housing and Development Board's loan schemes will benefit from concessional interest rates and relaxed TDSR thresholds compared to bank financing alternatives.

Second-property buyers must factor in Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, materially increasing total acquisition costs and requiring careful financial planning. This 20% ABSD applies when Singapore Citizens acquire a second residential property, substantially altering return-on-investment calculations for investor profiles. Professional financial and legal advice regarding stamp duty exposure and overall acquisition costs is essential before proceeding with any purchase at this development.

Neighbourhood Character and Connectivity

The locality established around 115 Ho Ching Road represents the kind of mature residential landscape that has successfully sustained community identity and practical functionality across several decades. Proximity to established shopping facilities, hawker centres, and primary schools creates the infrastructure foundation that families expect when relocating to a new neighbourhood. The settled character of the area appeals to buyers valuing predictability and established social infrastructure over the novelty of newly completed developments.

Public transport accessibility and overall district connectivity form important components of the investment thesis for properties in this location. The development's position relative to principal commercial and employment nodes across Singapore influences both personal commuting convenience and longer-term property appreciation prospects. Buyers should evaluate their specific commuting requirements against actual journey times using public transport or vehicular routes from this address.

Suitability Across Buyer Profiles

First-time homebuyers with sufficient savings and stable household income find four-bedroom HDB units appealing as an entry point into ownership, particularly when family expansion is anticipated within their planning horizon. Upgraders transitioning from two or three-bedroom units to larger configurations typically represent the largest cohort of buyers in this category, viewing additional bedrooms and floor area as tangible improvements in lifestyle and functionality. Multi-generational families seeking single-unit solutions that accommodate grandparents, parents, and children benefit substantially from the spacious four-bedroom format and dual bathroom provision.

Investor profiles assessing this development must align acquisition strategy with local market rental demand, achievable rental rates for four-bedroom HDB units, and realistic appreciation timelines. The established nature of the neighbourhood supports consistent rental demand without requiring aggressive marketing or promotional activity. Professional property management becomes increasingly important at this capital level, ensuring optimal yield performance and protecting the investment through diligent tenant selection and lease administration.

Market Supply and Future Outlook

The supply dynamics of four-bedroom HDB resale units across Singapore remain relatively constrained compared to smaller configurations, as initial buyers of such units tend to retain them for extended periods, limiting turnover frequency. This structural supply constraint provides underlying support for pricing stability and long-term appreciation prospects, though market conditions and broader economic factors continue to exert influence on year-to-year performance. The maturity of the 115 Ho Ching Road locale means that future new HDB supply in the immediate vicinity is unlikely, concentrating relevant supply competition to other established HDB precincts across the island.

Prospective buyers should conduct thorough due diligence regarding lease tenure, remaining lease duration, and any lease decay implications for long-term value retention. The combination of spacious unit configuration, established neighbourhood positioning, and stable market demand creates a foundational investment case for this development that warrants serious consideration from qualified buyers navigating Singapore's HDB resale landscape.

Frequently Asked Questions

What rental yield might an investor expect from acquiring a four-bedroom unit at 115 Ho Ching Road as an investment property?

Four-bedroom HDB resale units typically generate net annual rental yields between 2.5% and 3.5%, depending on specific rental market conditions, prevailing rental rates in the neighbourhood, and the acquisition price paid. At a purchase price of approximately S$800,000, this translates to estimated annual rental income in the region of S$20,000 to S$28,000 net of routine maintenance and management expenses. Actual yield performance depends substantially on tenant quality, lease structure, and the trajectory of rental demand in the specific locality; investors should obtain current rental comparables from the immediate neighbourhood before finalising acquisition decisions.

How does the per-square-foot pricing of units at 115 Ho Ching Road compare to recent HDB four-bedroom resale transactions in the same district?

The approximately S$800,000 price point for units around 1,506 sqft equates to roughly S$531 per square foot, positioning this development competitively within the local four-bedroom HDB resale market. Recent comparable transactions for four-bedroom units in established neighbourhoods typically range between S$500 to S$560 per square foot, depending on lease tenure, floor level, condition, and proximity to major amenities. Prospective buyers should request recent transaction data from HDB records and private resale portals to verify that current asking prices align with recent comparable sales in the identical neighbourhood, ensuring they are not acquiring at a premium to market rates.

What is the Additional Buyer's Stamp Duty (ABSD) implication for a Singapore Citizen purchasing a second residential property at this address?

Singapore Citizens acquiring a second residential property incur Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, meaning an S$800,000 acquisition would trigger S$160,000 in ABSD liability on top of base stamp duty and other closing costs. This 20% ABSD materially increases total acquisition costs and reduces net investment returns, particularly for investor profiles; the effective acquisition cost for a S$800,000 unit therefore rises to approximately S$960,000 inclusive of ABSD. Professional tax and legal advice is essential to understand the full financial implications of second-property acquisitions and to explore any potential reliefs or exceptions that may apply to individual circumstances.

What lease decay risks should buyers consider, and how might diminishing lease duration affect future resale values of units at this address?

HDB lease tenure critically influences long-term investment viability, with units containing significantly depleted leasehold periods (below 60 years) experiencing accelerated value depreciation and reduced financing options from most lenders. The Housing and Development Board's lease renewal framework theoretically permits 99-year leases to extend further through formal application, though this process involves government discretion and potential processing delays that create uncertainty. Buyers should request verified lease expiry information for any unit under consideration and factor lease decay assumptions into long-term appreciation projections; units with remaining leases below 60 years warrant scrutiny regarding refinancing prospects and eventual resale marketability, particularly if the purchaser anticipates holding the property for more than 20 years.

How does proximity to the nearest MRT station influence property demand, commuting convenience, and long-term capital appreciation for units at 115 Ho Ching Road?

MRT proximity represents a primary driver of property demand and capital appreciation across Singapore's residential market; properties within 500 metres of functioning MRT stations typically command pricing premiums of 5% to 15% over comparable units with greater walking distances. The specific MRT station serving this address should be verified against current Singapore MRT maps, as station connectivity directly influences commute times to key employment hubs in the Central Business District, Jurong East, and emerging employment nodes. Properties located near established, well-utilised stations tend to demonstrate more resilient resale demand and steadier appreciation trajectories; conversely, proximity to stations serving less economically developed areas may offer reduced premiums and potentially slower capital growth, warranting careful evaluation of long-term commuting utility.

Which buyer profiles—first-timers, upgraders, investors, or high-net-worth individuals—would find this development most suitable?

Upgraders represent the primary target cohort for four-bedroom HDB units at this price point, as they are transitioning from smaller two or three-bedroom units and possess accumulated equity to finance the acquisition through combination of savings and mortgage financing. First-time homebuyers with substantial savings and stable household income can access this market through HDB loan schemes offering concessional terms, though total acquisition costs including stamp duty will require careful financial planning and likely require dual household incomes. Investor profiles assessing yield-focused strategies find this development appealing provided rental comparables support 2.5% to 3.5% net yield targets; high-net-worth individuals typically favour newer private condominiums or premium freehold properties over HDB resale units, though some may consider HDB acquisitions as part of broader portfolio diversification strategies.

What Total Debt Servicing Ratio (TDSR) headroom should buyers anticipate, and what financing implications exist at the typical S$800,000 price point?

At an S$800,000 purchase price, a 70% mortgage (S$560,000) coupled with typical HDB concessional interest rates around 2.6% generates monthly debt servicing obligations of approximately S$2,600 to S$2,800, requiring documented household monthly income of roughly S$7,500 to S$8,500 to satisfy standard TDSR thresholds of 35% to 40%. First-time HDB buyers benefit from the Housing and Development Board's relaxed financing terms and concessional interest rates compared to conventional bank mortgages, materially improving financing accessibility for family purchasers. Dual-income households with combined monthly incomes above S$9,000 should encounter minimal TDSR constraints; however, applicants with existing debt obligations—car loans, credit card commitments, or outstanding personal loans—will face tightened available borrowing capacity and should obtain pre-financing assessments before submitting formal purchase applications.

How does 115 Ho Ching Road compare to nearby competing four-bedroom HDB developments in terms of pricing, location, and resale liquidity?

Direct competitors for four-bedroom HDB resale units include units in proximate mature estates within the same district; comparing price per square foot, remaining lease tenure, floor level, and proximity to transport nodes provides essential context for evaluating value propositions. Established HDB precincts with longer-established amenity infrastructure and proven community infrastructure tend to maintain more resilient resale demand than newer estates still undergoing population maturation. Buyers should identify 3 to 5 competing four-bedroom HDB units in the same neighbourhood or adjacent precincts, obtain recent transaction data through HDB records, and evaluate whether 115 Ho Ching Road units represent equivalent value compared to alternatives available at similar price points, ensuring informed procurement decisions.

Which unit stack levels or floor positions at this development offer optimal value proposition in terms of pricing, usability, and resale appeal?

Mid-level units (floors 8 to 18) typically deliver the most balanced value proposition, combining reasonable pricing relative to penthouses, superior natural light and ventilation compared to lower floors, and minimal premium for lift access—important considerations for family households. Ground and first-level units may command slight pricing concessions whilst offering advantages for families with young children and elderly members requiring convenient ground-level access; however, privacy and noise considerations can disadvantage lower floors in mature HDB estates with established ground-floor commerce. Upper-level units (19 to 25+) command significant pricing premiums without proportionate improvements to internal configuration, though some buyers value superior views and reduced noise; investors prioritising yield should focus on mid-level units offering the most attractive pricing relative to rental demand, as tenants typically exhibit minimal preference for specific floor levels.

What future housing supply pipeline exists in this district, and how might new HDB or private developments affect long-term appreciation prospects for units at 115 Ho Ching Road?

The maturity of the 115 Ho Ching Road locality means that large-scale new HDB supply in the immediate precinct is unlikely within the foreseeable planning horizon, limiting direct supply competition and supporting pricing stability across existing resale units. Prospective buyers should review Singapore's 10-year housing development plan and HDB's periodic new town announcements to identify any planned developments in adjacent areas that could introduce competing supply; however, new HDB precincts typically develop in outlying areas rather than mature inner estates, reducing competitive pressure on established addresses. Long-term appreciation prospects remain supported by limited housing supply within the immediate neighbourhood, sustained demographic demand for four-bedroom family units, and the continued utility of established MRT connections and amenity infrastructure, though broader economic cycles and interest rate movements will continue to exert material influence on year-to-year value fluctuations.

[For Sale] Hdb Flat At Ho Ching Road — From S$800K