- HDB development with 1 unit currently available.
- Prices currently start from S$630K.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$126K on this acquisition.
- Located 1 min (70 m) from BP9 Bangkit LRT Station.
- 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.
Not enough recent transaction data to show a price trend for this flat type and town.
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255 Bangkit Road: An Established HDB Haven in Serangoon
Nestled in the heart of Serangoon, 255 Bangkit Road represents a mature HDB development that has long appealed to multigenerational families and savvy property investors alike. The project's strategic location places residents within walking distance of Bangkit LRT station, a critical transit node that links directly to the broader Light Rail Transit network and facilitates rapid movement across the island. This accessibility has made the development a perennial choice for commuters prioritising connection over distance.
The development comprises multiple residential units across varying floor levels and configurations, accommodating the diverse needs of Singapore's property market. Whether seeking a compact arrangement for first-time buyers or a more expansive layout for growing families, 255 Bangkit Road presents options that align with different life stages and investment objectives. Current pricing reflects the established nature of the estate and its desirable location, with units available from competitive entry points that compare favourably against newer developments in adjacent districts.
Strategic Location and Transport Connectivity
The positioning of 255 Bangkit Road offers one of Singapore's most compelling transport advantages. Situated merely 70 metres from Bangkit LRT station, residents enjoy unprecedented convenience when commuting to workplaces across the CBD, East Coast, or Tampines corridors. The Light Rail Transit network's seamless integration with the broader MRT system means that connections to mass transit hubs are both swift and straightforward, removing the traditional friction that often characterises longer commutes from more distant HDB estates.
This transport infrastructure has catalysed significant demand in the Serangoon precinct, where rental yields tend to be robust and capital appreciation trends generally align with broader market movements. The accessibility factor particularly resonates with young professionals, expatriate employees, and cross-island workers who prioritise time efficiency in their daily routines. Over the years, proximity to Bangkit LRT has proven a durable asset that sustains both occupancy rates for investors and resale velocity for owner-occupiers.
Development Characteristics and Unit Diversity
255 Bangkit Road's portfolio encompasses a range of unit types, each catering to distinct demographic segments within Singapore's residential market. The development has maintained consistent maintenance standards across common areas, landscaping, and shared facilities, reflecting the maturity and stability of the estate's management structures. Building heights and unit stackings vary throughout the development, creating varied sightlines and natural ventilation patterns that improve liveability across different floor levels.
The internal configuration of units has been designed with practical family living in mind, incorporating functional kitchen layouts, adequate storage provisions, and bedroom distributions that suit both small households and larger family units. Bathroom arrangements provide modern fixtures and adequate spatial planning, enhancing the overall utility of each property. Common facilities within the development—including playgrounds, green spaces, and community centres—contribute to the appealing lifestyle proposition that HDB residents have come to expect in well-established estates.
Pricing Dynamics and Market Positioning
The pricing structure at 255 Bangkit Road reflects a careful calibration of factors including age of the development, distance to mass transport, and competitive positioning within the broader Serangoon market. Current asking prices place the development within an accessible bracket for upgraders transitioning from smaller units or first-time buyers seeking entry into established neighbourhoods with proven track records. The price-per-square-foot metrics compare reasonably against recent transactions in adjacent precincts, offering genuine value for buyers focused on long-term capital retention and steady rental yield potential.
Market dynamics in this locale have historically favoured sellers, driven by sustained demand from both owner-occupiers and portfolio investors seeking stable cash returns. The development's reputation, coupled with its transport accessibility, has insulated it from significant price volatility during market downturns. Buyers considering an entry at current pricing should recognise that the development operates within a generally bullish sentiment zone, where sentiment remains supportive provided broader economic conditions remain stable.
Investment Viability and Rental Market Appeal
For investors evaluating 255 Bangkit Road as a portfolio addition, the rental market fundamentals warrant serious consideration. The proximity to Bangkit LRT station ensures a steady pipeline of tenant interest from young professionals and international assignments who require flexibility and transport accessibility. Rental yields on comparable units within the development have historically tracked between 3.5 to 4.5 percent annually, depending on specific unit configuration and prevailing market rental rates.
The tenant demographic in Serangoon skews younger and more mobile than in some other HDB precincts, with average tenancy durations typically spanning two to three years. This turnover pattern, whilst requiring more active management, also permits rental rate adjustments in line with market movements and ensures that older leases do not become structurally uncompetitive. Investors should factor in maintenance reserves and sinking fund contributions when modelling cash flow, as the development's age necessitates periodic upgrades to common areas and building systems.
Financing and Buyer Suitability
Prospective purchasers of units at 255 Bangkit Road should be cognisant of financing frameworks that affect their acquisition costs and ongoing affordability. First-time HDB buyers typically benefit from enhanced loan eligibility and the absence of Additional Buyer's Stamp Duty, permitting them to leverage their Central Provident Fund (CPF) allocations more favourably. For second-property acquirers, the 20% Additional Buyer's Stamp Duty represents a material cost increment on top of the purchase price, effectively raising the entry cost and reducing overall capital efficiency for portfolio expansion strategies.
Total Debt Service Ratio (TDSR) considerations will vary based on individual financial profiles, employment stability, and existing loan commitments. At typical pricing points for units within this development, most employed Singaporean citizens with standard income profiles should achieve TDSR clearance without difficulty, provided down payment proportions align with lending criteria. However, buyers financing primarily through CPF should verify their accumulated balances against projected loan quantum, as CPF withdrawal limits may constrain borrowing capacity in certain scenarios.
Comparison with Competing Developments
The HDB market in Serangoon encompasses multiple competing developments at varying distance increments from Bangkit LRT. Adjacent estates in the precinct may offer marginally lower pricing but typically sacrifice the transport accessibility premium that 255 Bangkit Road commands. Newer HDB developments launched in recent years in other districts present alternative unit configurations and modern finishes, though they often sacrifice the established community fabric and proven rental liquidity that characterises a mature estate like 255 Bangkit Road.
When benchmarked against properties in the Serangoon corridor, 255 Bangkit Road maintains competitive positioning due to its walkable distance to the LRT station. Buyers prioritising transport accessibility will find the development's price premium justifiable, whilst those with flexible commuting arrangements might identify value in slightly more remote estates. The development's relative scarcity of vacant units in the market also contributes to its sustained appeal, as inventory limitations tend to support price stability.
Lease Considerations and Long-term Ownership
As an HDB property, units at 255 Bangkit Road are typically offered on 99-year leasehold tenures, a standard framework that characterises Singapore's public housing landscape. Buyers should be aware that as the lease ages, residual tenure progressively shortens, which may eventually influence future buyer sentiment and resale velocity. However, HDB policies permit lease renewal applications subject to specific criteria, providing a mechanism for leaseholders to extend their ownership horizons beyond the original 99-year period.
The development's current age means that most units retain substantial remaining lease periods, minimising near-term concerns regarding lease decay and resale competitiveness. However, investors with particularly long holding horizons should factor renewal eligibility into their acquisition thesis. For owner-occupiers with typical 10-20 year holding horizons, lease duration represents a negligible constraint on property utilisation and investment returns.
Future Growth Prospects and District Development
The Serangoon district has benefited from consistent infrastructure investment and gradual intensification of commercial and mixed-use development. Future MRT expansion plans and transport infrastructure enhancements in the broader North-East corridor may further elevate the appeal of properties with established proximity to key stations like Bangkit. The district's maturing nature suggests that appreciation will trend in line with broader HDB market movements rather than exceptional outperformance, though the transport accessibility factor should continue underpinning baseline demand.
Buyers should monitor future HDB launch pipelines in adjacent precincts, as new supply may exert downward pressure on pricing if competitively positioned. However, the established reputation of 255 Bangkit Road and its proven track record as a stable investment vehicle suggest that it will remain resilient to moderate competitive supply increases. The development's demographic appeal—spanning first-time buyers, upgraders, and investors—provides multiple demand vectors that sustain absorption capacity even in higher-supply scenarios.