Type

Units

Min Area

Price Range

Other

165 sqft

S$1,350/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,350.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$270 on this acquisition.
Located 10 min (810 m) from EW21 Buona Vista 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.

22 Ghim Moh Link: A Well-Connected HDB Neighbourhood in the Heart of Singapore

Situated along Ghim Moh Link in one of Singapore's most established residential corridors, 22 Ghim Moh Link represents a compelling opportunity for property seekers looking to enter or expand their real estate portfolio. This HDB development sits within a mature neighbourhood that has developed over decades, offering residents a rare blend of urban convenience and community stability. The location has become increasingly attractive as Singapore's property market continues to evolve, with particular appeal to first-time homebuyers, upgraders transitioning to larger properties, and astute investors targeting stable rental income streams.

The development's strategic positioning within the district places it just 810 metres—approximately a ten-minute walk—from Buona Vista MRT station on the East West line. This proximity to a major transport interchange transforms daily commuting, allowing residents to reach Singapore's central business district, Changi Airport, and outlying residential zones with minimal travel friction. The East West line itself serves as one of Singapore's busiest and most economically important transport arteries, connecting multiple business hubs and ensuring consistent passenger flow that supports both property values and rental demand throughout the year.

Neighbourhood Character and Amenities

Ghim Moh has evolved into a quintessentially mature Singapore neighbourhood, characterised by established shophouses, family-run businesses, and a strong community fabric. Residents enjoy immediate access to a comprehensive range of daily necessities without needing to venture far from their doorstep. The immediate vicinity hosts multiple food courts, wet markets, and independent retailers that cater to the locality's diverse demographic. Beyond essential services, the area supports several primary and secondary schools, making it particularly suitable for families with school-aged children seeking a balanced lifestyle that prioritises both convenience and education.

The neighbourhood's maturity also confers significant advantages for property investors. Unlike newer developments on the urban periphery, Ghim Moh benefits from entrenched social infrastructure and proven rental demand spanning multiple market cycles. The area has weathered various economic conditions and property market downturns, demonstrating its resilience as an investment location. Prospective purchasers can observe existing tenant satisfaction through visible neighbourhood activity and commercial vibrancy, which serves as a reliable proxy for ongoing lettability.

Affordability and Market Positioning

HDB flats at 22 Ghim Moh Link occupy an important position within Singapore's property ecosystem, serving as gateway investments for first-time buyers and acquisition opportunities for portfolio-building investors. The compact unit configurations, approximately 165 square feet in the available stock, appeal particularly to young professionals, working couples without dependents, and investors seeking to maximise capital deployment efficiency. These smaller formats command lower absolute purchase prices whilst maintaining the fundamental security and stability associated with HDB ownership.

For first-time buyers navigating Singapore's property market, this development presents a structured entry point. The quantum required for down payment remains proportionate to typical household savings, whilst Housing and Development Board financing options remain accessible to eligible Singapore Citizens and Permanent Residents. The established neighbourhood reduces the speculative risk often associated with new launches in emerging areas, allowing conservative purchasers to build equity with confidence.

Investment Fundamentals and Rental Yield Potential

Investors evaluating 22 Ghim Moh Link as a rental proposition benefit from the location's inherent advantages in the local lettings market. The proximity to Buona Vista MRT station attracts expatriate professionals, seconded corporate employees, and young working Singaporeans seeking convenient, no-frills accommodation. The mature neighbourhood's pedestrian-friendly environment and established transport connectivity create a compelling proposition for tenants who prioritise ease of access over premium finishes. Rental demand in Ghim Moh remains consistent throughout economic cycles, with limited seasonal volatility compared to more speculative locations.

The rental yield calculus for this development reflects both the current prevailing lease rates and the lower capital deployment required compared to larger units or newer launches. Whilst percentage yields must be assessed against individual transaction prices within the current market, the absolute rental income generated by consistent tenant occupancy provides reliable cash returns. Market participants have historically observed that HDB flats in this location maintain high occupancy rates, with minimal vacancy periods between tenancies.

Transport Connectivity and Capital Growth Drivers

Buona Vista MRT station functions as a critical node within Singapore's transport network, serving not merely residential catchments but also major commercial precincts and industrial zones. The station's multiple bus interchange functions extend connectivity beyond the rail network, creating a multi-modal transport hub that reinforces the area's position as an essential Singapore location. For property owners, this entrenched transport importance provides confidence that the neighbourhood will maintain relevance regardless of future property market cycles or urban planning shifts.

The East West line's historical significance within Singapore's transport development ensures continued investment in both the line itself and surrounding precincts. Unlike newer transport infrastructure serving primarily peripheral residential zones, the East West line represents core urban connectivity with embedded demand. This foundational position supports sustained property valuations and rental demand, insulating investors against the depreciation risk that sometimes affects properties in areas dependent on single new transport links for their appeal.

Lease Structure and Long-Term Ownership Considerations

As an HDB flat, properties at 22 Ghim Moh Link carry the same lease structures that characterise all Housing and Development Board developments. Most HDB flats in this neighbourhood operate under lease tenures appropriate to their original acquisition date and any subsequent modification. Understanding the remaining lease duration remains essential for both owner-occupiers planning retirement in situ and investors modelling long-term capital appreciation. The HDB provides structured lease renewal mechanisms that allow homeowners to extend their tenures, though such extensions involve administrative processes and cost considerations that require forward planning.

Prospective purchasers should verify the precise lease duration of units within this development, as this fundamentally influences both financing options and long-term value trajectory. Banks impose increasingly stringent lending requirements as leasehold properties age, with some institutions restricting lending once remaining tenure falls below specified thresholds. Investors with medium-to-long-term holding horizons must factor lease decay into their financial models, recognising that rental yields must eventually compensate for diminishing capital value as lease expiry approaches.

Buyer Suitability and Market Segments

Different buyer cohorts derive distinct value propositions from 22 Ghim Moh Link. First-time homebuyers value the development's affordability, established neighbourhood credentials, and straightforward HDB acquisition process. Young professionals and working couples appreciate the efficient unit layouts suited to minimalist living and the transport convenience supporting demanding career schedules. Investors recognise the stable rental fundamentals and consistent tenant demand characteristic of this location. Upgraders transitioning from even smaller units or relocating to Singapore appreciate the neighbourhood's social infrastructure and mature community character.

High-net-worth individuals seeking to deploy capital in Singapore real estate may consider this development as part of diversified portfolios, recognising that established HDB locations provide ballast holdings insulated from speculative asset class movements. The development's position as a core property offering, rather than aspirational new launch, appeals to pragmatic investors prioritising steady returns over headline-capturing appreciation.

Financing and Debt Serviceability Considerations

Prospective purchasers must evaluate their debt service capacity relative to typical property prices within this development, ensuring that mortgage commitments remain comfortably within prudential lending limits. Total Debt Servicing Ratio thresholds, which cap mortgage-related payments at specified percentages of gross household income, require careful assessment before proceeding. The lower absolute purchase prices associated with compact HDB units often result in more manageable monthly mortgage obligations, potentially allowing borrowers to maintain greater financial flexibility for investment, education, and lifestyle expenses.

Buyers contemplating property acquisition should engage directly with HDB-approved lending institutions to obtain pre-qualification statements and understand the precise financing parameters applicable to their household circumstances. The HDB financing schemes available to Singapore Citizens typically offer superior terms compared to private bank mortgages, with interest rates and loan tenures calibrated to support broad-based ownership across diverse income cohorts.

Competitive Positioning Within the Local Market

The Ghim Moh locality encompasses various competing HDB developments and private residential options that collectively serve the broader market. Prospective purchasers benefit from comparing 22 Ghim Moh Link against alternative properties within similar price brackets and MRT catchment radii, assessing trade-offs between unit size, building age, floor levels, and specific amenity offerings. The development's strong positioning within the transport network and established neighbourhood infrastructure supports competitive standing relative to properties requiring longer commute times or situated in less developed precincts.

District Growth Pipeline and Long-Term Appreciation

Understanding the broader development pipeline within the Buona Vista and Ghim Moh district provides context for assessing future supply dynamics and potential value evolution. Singapore's Urban Redevelopment Authority publishes frameworks outlining anticipated developments and urban intensification patterns, which property owners and investors should review periodically. The maturity of this neighbourhood suggests that large-scale redevelopment remains unlikely in the near term, providing stability for existing property holders and insulating them against sudden supply shocks that might compress property values.

Frequently Asked Questions

What rental yield potential can investors realistically expect from purchasing an HDB flat at 22 Ghim Moh Link?

Rental yield at 22 Ghim Moh Link depends on the specific purchase price negotiated and the prevailing market lease rates for comparable units in the locality. The Ghim Moh neighbourhood maintains consistent tenant demand driven by the area's proximity to Buona Vista MRT station, making it attractive to expatriate professionals and working Singaporeans seeking convenient accommodation. Based on historical rental patterns in this mature HDB neighbourhood, investors should model gross yields ranging from mid-to-upper single-digit percentages after accounting for typical purchase prices, though individual outcomes vary based on negotiated entry prices, lease terms secured with tenants, and annual rental rate growth. The area's established commercial footprint and stable tenant base suggest that rental income remains relatively insulated from sharp market cycles, supporting long-term cash return stability for portfolio investors.

How does the price per square foot for units at 22 Ghim Moh Link compare to recent comparable HDB transactions in the same district?

Assessing price-per-square-foot comparisons requires examining recent arm's-length transactions for similar HDB units in the Ghim Moh and immediate Buona Vista environs, which can be accessed through public transaction data and professional valuation reports. The Ghim Moh locality has historically maintained pricing premiums relative to more distant HDB zones due to its established transport connectivity and neighbourhood maturity, though these premiums remain modest compared to newer or more aspirational neighbourhoods. Prospective purchasers should obtain formal valuations from approved HDB valuers and compare these against recent transacted prices for units of similar size and floor levels to ascertain whether current asking prices represent fair value relative to prevailing market conditions. The compact unit sizes at this development (approximately 165 square feet) command efficient pricing per unit area, which can present favourable value compared to larger units that incur proportionally higher absolute costs.

What are the Additional Buyer's Stamp Duty implications for Singapore Citizens purchasing a second residential property at this development?

Singapore Citizens acquiring a second residential property trigger Additional Buyer's Stamp Duty at the current rate of 20% of the property's purchase price, calculated on top of standard Buyer's Stamp Duty. For HDB flats at 22 Ghim Moh Link, this 20% ABSD applies to the property value and represents a significant cost component that must be factored into the total acquisition budget and financial planning. First-time homebuyers acquiring their inaugural HDB flat remain exempt from ABSD, whilst investors with existing residential property ownership elsewhere must account for this substantial additional expense when evaluating investment returns and cash flow models. Prospective second-property purchasers should consult with property tax specialists to understand the precise ABSD liability applicable to their specific circumstances and consider whether ABSD costs materially impact the investment case for acquisition at this development.

What lease decay risks should investors and owner-occupiers consider for HDB properties at 22 Ghim Moh Link?

HDB flats operate under defined lease structures that typically span 99 years from the original lease commencement date, though some developments may feature different tenure arrangements depending on their acquisition vintage. As leasehold properties age and remaining lease duration diminishes, both financing capacity and property valuations face downward pressure, with lending institutions progressively restricting mortgage availability and terms as leases approach expiry. Prospective purchasers must verify the precise remaining lease duration for units within 22 Ghim Moh Link and understand that properties with leases below 70 years typically experience accelerating value depreciation and increasingly restrictive financing conditions. The HDB provides lease extension mechanisms allowing homeowners to extend tenure at defined costs, though such extensions require advance planning and financial provision; investors with long holding horizons must model lease extension costs into their long-term capital appreciation expectations. Buyers should prioritise units with longer remaining lease periods to minimise future refinancing challenges and maximise long-term capital value retention.

How does proximity to Buona Vista MRT station influence property demand, rental lettability, and long-term capital appreciation for this development?

Buona Vista MRT station's position as a critical interchange node on the East West line generates substantial passenger traffic and extends the catchment of tenants and owner-occupiers seeking convenient transport access. The station's multi-modal nature, combining rail connectivity with extensive bus interchange functions, ensures that 22 Ghim Moh Link residents enjoy connectivity to Singapore's central business district, airport, and outlying zones with minimal commute friction. This transport prominence supports sustained rental demand, as tenants consistently seek accommodation proximate to major transport nodes, and insulates property valuations against speculative depreciation that sometimes affects properties dependent on single new infrastructure links. Historical data demonstrates that HDB properties within 10 minutes' walk of established MRT stations maintain pricing premiums relative to more distant comparable units, and this transport-driven value differential typically persists across market cycles. The East West line's historical significance and embedded economic importance provide confidence that transport-driven demand will remain a fundamental driver of property value at this location for decades to come.

Which buyer profiles—first-timers, upgraders, investors, or high-net-worth individuals—should most seriously consider 22 Ghim Moh Link?

First-time homebuyers represent the most obvious cohort for this development, as the compact unit sizes, established neighbourhood, and straightforward HDB acquisition process provide a structured entry into ownership without the complexity or capital intensity of private property markets. Upgraders transitioning from even smaller units or relocating to Singapore similarly benefit from the mature neighbourhood infrastructure and convenient transport access. Buy-to-let investors recognise the stable rental fundamentals and consistent tenant demand characteristic of established HDB locations, particularly those with embedded transport connectivity that survives property market cycles. Whilst high-net-worth individuals often gravitate toward new launches or private developments, pragmatic ultra-wealthy purchasers may view HDB holdings at established locations as portfolio ballast providing reliable returns uncorrelated with speculative asset class movements. Young working professionals and couples without dependents particularly value the efficient unit layouts and minimal maintenance overhead typical of compact HDB flats, making this development suitable for career-focused individuals prioritising transport convenience and cost efficiency over space maximisation.

What Total Debt Servicing Ratio constraints apply to mortgage-financed purchases at 22 Ghim Moh Link, and how much financial headroom remains for other obligations?

The Total Debt Servicing Ratio (TDSR) ceiling of 60% of gross household income limits the aggregate monthly debt servicing capacity available to prospective borrowers, constraining both mortgage size and repayment periods. The lower absolute purchase prices associated with compact HDB units at this development typically result in monthly mortgage obligations substantially below this ceiling for borrowers with moderate-to-good household incomes, potentially allowing significant financial headroom for investment, education, and lifestyle expenses. Prospective purchasers should engage with HDB-approved lending institutions to obtain precise pre-qualification statements reflecting their individual income circumstances and existing debt obligations, as current liabilities substantially impact available borrowing capacity. First-time homebuyers utilising HDB mortgages typically enjoy more favourable terms compared to private bank financing, with interest rates and loan tenures calibrated to support broad-based ownership; this favourable financing environment translates into more manageable debt servicing ratios for eligible borrowers. Careful financial planning at the pre-purchase stage ensures that mortgage commitments remain comfortably sustainable and do not restrict future flexibility for other financial objectives.

How does 22 Ghim Moh Link compare competitively against nearby alternative HDB developments and private residential options in the same catchment area?

The Ghim Moh locality encompasses various competing HDB projects and private residential developments that collectively serve buyers with different preferences and budget parameters. Prospective purchasers benefit from comparing 22 Ghim Moh Link against alternative properties within similar price brackets and Buona Vista MRT catchment radii, assessing trade-offs between unit size, building age, floor levels, and specific amenity offerings. The development's strong positioning relative to transport infrastructure and established neighbourhood development typically supports competitive advantage compared to properties requiring longer commute times or situated in less developed precincts. Buyers should obtain comparative valuations and transaction data for recent comparable sales to contextualise pricing at 22 Ghim Moh Link relative to alternative acquisition opportunities, ensuring confident purchasing decisions based on transparent market intelligence. The maturity and commercial vibrancy of the Ghim Moh neighbourhood itself represents a competitive differentiator relative to emerging developments that have not yet demonstrated similar social and commercial infrastructure density.

What floor levels and unit stacks within 22 Ghim Moh Link represent optimal value for owner-occupiers and investors?

Floor level selection at 22 Ghim Moh Link involves trade-offs between natural lighting, privacy, ventilation, and financing considerations that vary based on individual preferences and investment objectives. Lower floors may offer improved natural light penetration and easier lift-to-door accessibility, whilst higher floors typically command marginal rental and capital value premiums due to reduced noise exposure and enhanced views. Mid-floor units frequently represent optimal value positioning, capturing sufficient elevation for privacy and reduced ambient noise without incurring the significant pricing premiums sometimes attached to the highest floors. Prospective purchasers should visit representative unit samples across different floor levels to evaluate ventilation quality, natural light conditions, and personal comfort preferences before committing to acquisition. Investors should note that HDB unit rental demand displays minimal variation based on floor level for comparable unit sizes, suggesting that mid-range floor positioning provides superior value for rental-focused acquisition strategies. The specific orientation and stack configuration also influence thermal efficiency and maintenance requirements; units positioned to minimise direct sun exposure and maximise natural ventilation may reduce utility costs and tenant maintenance concerns, supporting both occupier satisfaction and long-term property appeal.

What future supply pipeline developments in the Buona Vista and Ghim Moh district might influence long-term property values and investment returns at 22 Ghim Moh Link?

The Urban Redevelopment Authority publishes frameworks and guidelines outlining anticipated developments and urban intensification patterns within Singapore's precincts, providing visibility into potential future supply dynamics affecting neighbourhood property values. The Ghim Moh locality's maturity and established residential character suggest that large-scale redevelopment or wholesale commercial precinction remains unlikely in the near term, providing valuable stability for existing property holders and insulating them against sudden supply shocks that might compress property values. Prospective purchasers and investors should review publicly available urban planning documents to understand any identified future intensification opportunities or transport infrastructure changes that might influence the neighbourhood's long-term character and desirability. The Buona Vista precinct itself encompasses commercial and mixed-use development potential that may evolve independently of the Ghim Moh residential core, potentially creating diverse value drivers rather than homogeneous neighbourhood outcomes. Established HDB locations with embedded transport connectivity typically prove resilient across planning cycles, as their fundamental transport value and community infrastructure remain compelling regardless of peripheral development changes; this resilience supports confidence in long-term capital value retention for prudent property holders.

[For Rent] Hdb Flat At 22 Ghim Moh Link — From S$1,350