Type

Units

Min Area

Price Range

2 BR

743 sqft

S$880K

Type

Units

Min Area

Price Range

Other

204 sqft

S$2,000/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$2,000 to S$880K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$400 on this acquisition.
50% of current units are for sale, from S$880K; 50% are for rent, from S$2,000/mo.
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: A Central Outram HDB Development

55 Havelock Road stands as a prominent residential address within Outram, one of Singapore's most historically significant and strategically positioned neighbourhoods. The development is situated in a mature planning zone that balances residential tranquility with seamless connectivity to the wider island. Havelock Road itself carries considerable prestige, having long been associated with stable property values and a diverse resident base spanning families, professionals, and investors alike.

The location benefits from its proximity to Havelock MRT Station on the Thomson-East Coast Line, positioned just 640 metres away—a brisk 8-minute walk or short bus ride. This connection ensures straightforward access to major employment nodes across Singapore, including the financial district at Raffles Place and the rapidly expanding innovation clusters along the eastern corridor. For residents commuting to the North or South, the MRT linkage provides a time-efficient alternative to private transport, reducing both costs and travel friction.

Transport and Neighbourhood Context

Outram as a district has evolved significantly over recent years, transitioning from a purely industrial and commercial zone into a mixed-use environment that attracts residents seeking urban convenience without the premium pricing of more central precincts. The arrival of the Thomson-East Coast Line has accelerated this transformation, making properties in pockets like 55 Havelock Road increasingly attractive to upgraders and investors assessing value-for-money propositions. The neighbourhood is well-serviced by local bus routes, ensuring that even during MRT downtime, residents maintain multiple commuting options.

Beyond transport, the Outram precinct has seen steady investment in lifestyle amenities. The nearby Havelock Road corridor hosts a mix of dining establishments, healthcare services, and convenience retail that cater to everyday needs. Singapore General Hospital and Outram Secondary School are both within reasonable proximity, making the address particularly suitable for families prioritising access to healthcare and education. The Central Provident Fund building and various government offices in the vicinity also attract a professional demographic seeking walkable access to their workplaces.

Physical Specifications and Configuration

55 Havelock Road comprises HDB units with varying layouts and footprints, reflecting the diversity of buyer needs across Singapore's public housing sector. Units within the development span multiple bedroom configurations and floor areas, from more compact units suited to first-time buyers and empty-nesters through to larger layouts accommodating growing families. The development maintains the structural integrity and build quality typical of HDB properties from its era, with regular upgrading programmes ensuring systems remain contemporary and reliable.

Interior layouts across the development are thoughtfully designed to maximise usable space and natural light penetration. Kitchens are fitted with practical work surfaces and adequate storage, whilst bathrooms feature modern fittings and water-efficient fixtures. Living and sleeping areas are proportioned to comfortably accommodate furnishings and daily routines without feeling cramped, even in the more modestly-sized units. Storage solutions throughout reflect HDB's understanding of how Singaporean households function, with cupboards and niches positioned for convenient access.

Investment Perspective and Market Standing

Properties at 55 Havelock Road appeal to a broad investor cohort, from owner-occupiers seeking a primary residence in a well-connected location through to seasoned portfolio builders targeting stable rental yields and gradual capital appreciation. The development's established track record in the resale market provides transparency regarding typical price movements and transaction velocities, allowing prospective buyers to model returns with reasonable confidence. The HDB lease structure, whilst finite, remains deeply familiar to Singapore's investment community, which has accumulated decades of data on how similar properties perform across market cycles.

The proximity to Havelock MRT Station and the broader Outram regeneration narrative suggest structural support for future demand. Each year, Singapore's population continues to gravitate towards transit-oriented living, and developments already positioned near operational MRT stations tend to outperform those awaiting future connectivity. For investors, this suggests ongoing relevance in the rental market, as tenants increasingly prioritise transport accessibility in their housing decisions.

Pricing and Market Comparables

Units at 55 Havelock Road are marketed from S$880,000 upwards, positioning the development within the mid-range of the HDB resale market for Central Singapore locations. This pricing reflects both the quantum of space offered and the neighbourhood's convenience profile. Recent comparable transactions on Havelock Road and nearby streets have traded at varying price per square foot metrics depending on unit size, floor level, and condition, but the general trajectory shows resilience across most cohorts. Smaller units tend to command a premium on a per-square-foot basis compared to larger units, a pattern consistent across Singapore's entire HDB resale universe.

When evaluating value, prospective purchasers should consider not only headline price but also the cost of any renovation or updating required to meet personal standards. Some units may benefit from recent upgrading or selective cosmetic refresh, whilst others may warrant more comprehensive treatment. The trade-off between acquisition price and immediate move-in readiness varies significantly across the stock.

Future Outlook and District Development Pipeline

Outram continues to attract urban planners' and developers' attention, with ongoing initiatives to enhance public realm quality and activate ground-floor commercial spaces. The broader shift towards mixed-use, transit-oriented precincts suggests that neighbourhoods like Outram will remain focal points for both residential and commercial investment. However, the supply of new HDB units in the immediate vicinity remains subject to government land-use policy and release schedules, which are not predictable over medium timeframes. This relative supply constraint may support resale valuations for existing stock.

The medium to long-term outlook for 55 Havelock Road appears supportive, assuming stable economic conditions and continued demand for transit-proximate housing. Buyers purchasing with a 10+ year holding horizon are likely to benefit from demographic tailwinds, as working-age Singaporeans and new households continuously seek convenient, affordable accommodation in established neighbourhoods. Investors with shorter time horizons should monitor quarterly rental demand indicators and HDB resale price indices for their specific geographic market segment.

Frequently Asked Questions

What is the estimated rental yield for investment units at 55 Havelock Road?

Rental yields for HDB units at 55 Havelock Road typically range between 2.5% and 3.5% gross per annum, depending on unit configuration, floor level, and condition. A unit acquired at S$880,000 might command monthly rent of S$1,800 to S$2,400, translating to an annual yield in that stated range. Yields are influenced by local demand dynamics; properties closer to Havelock MRT Station and facing quieter sides of the development generally achieve stronger rental take-up and command premium rents. Investors should factor in ongoing maintenance contributions, property taxes, and any upgrading costs when calculating net yield, as gross figures do not account for these outgoings.

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

Recent HDB resale transactions on and around Havelock Road have traded at price-per-square-foot levels ranging approximately S$1,180 to S$1,300, with variation depending on unit size, floor height, and renovation condition. Smaller units—around 600 to 800 square feet—often command higher per-square-foot rates than larger layouts, a pattern consistent across Singapore's entire HDB resale market. At 55 Havelock Road, units priced from S$880,000 generally fall within the mid-to-upper band of this range, reflecting the address's established reputation and transport connectivity. Prospective buyers should request recent comparable sales data from their agent to triangulate whether specific units represent fair market value relative to immediate neighbourhood comps.

What Additional Buyer's Stamp Duty (ABSD) will I owe if purchasing at 55 Havelock Road as a second residential property?

Singapore Citizens purchasing a second residential property at 55 Havelock Road are liable for Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% calculated on the purchase price or market value, whichever is higher. For a unit acquired at S$880,000, this equates to approximately S$176,000 in ABSD, payable upfront at the point of completion. This represents a material cost component and should be factored into total acquisition outlay alongside stamp duty, legal fees, and any required cash-over-valuation. Second-time buyers may wish to explore whether the Seller's Stamp Duty alternative (if the vendor has held the property for a shorter period) offers any relief, though most HDB resale transactions proceed under the Buyer's regime.

What is the lease tenure at 55 Havelock Road, and how does lease decay impact resale value?

55 Havelock Road is offered on a leasehold tenure, standard for all HDB properties in Singapore. The exact remaining lease tenure varies by unit, but properties in this development typically retain healthy lease periods that support normal financing and resale activity. As a leasehold property, the unit's value will gradually decline in percentage terms as the lease approaches its final 20 years, a phenomenon known as lease decay. However, HDB leases are exceptionally long (typically 99 years from first execution), meaning lease decay affects resale value only gradually over decades. For buyers with a 10 to 20-year holding horizon, lease decay remains a modest consideration; those planning to hold beyond 70 years of remaining lease should consult specialists on potential valuation impacts.

How does proximity to Havelock MRT Station on the Thomson-East Coast Line affect demand and capital appreciation?

Proximity to an operational MRT station is one of the strongest structural drivers of HDB resale demand and long-term capital appreciation in Singapore. At 55 Havelock Road, the 8-minute walk to Havelock MRT Station (TE16) positions residents within Singapore's preferred transit-oriented living band, typically identified as 400 to 800 metres walking distance. Properties in this range consistently outperform those further from stations, as they attract time-conscious commuters, reduce household transport costs, and appeal across multiple buyer demographics. The Thomson-East Coast Line itself has catalysed significant property demand along its corridor, and Outram's transition towards a mixed-use neighbourhood has amplified this effect. Future capital appreciation is likely to be supported by this underlying transport infrastructure, assuming Singapore's public transport usage continues its long-term upward trend.

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

55 Havelock Road caters exceptionally well to first-time HDB buyers seeking entry into a mature, well-connected neighbourhood without the premium pricing of prime Central Singapore addresses. The development also suits upgraders transitioning from smaller properties or relocating into the Outram precinct for work or lifestyle reasons. Property investors, particularly those targeting stable rental yields from public housing stock, find the development attractive due to its established tenant demographic and transparent resale market. High-net-worth individuals are less prominent as primary occupants but occasionally invest here as part of diversified portfolios. The development's broad appeal across these cohorts translates into consistent demand, which typically supports price stability and reduces time-to-sell for those exiting their investment.

What Total Debt Service Ratio (TDSR) and financing headroom should I expect at typical 55 Havelock Road price points?

For a unit at 55 Havelock Road priced around S$880,000, a typical mortgage of 75% (S$660,000) over 25 years produces monthly repayments of approximately S$3,150 at current HDB loan rates. TDSR regulations cap total monthly debt servicing at 60% of gross household income, implying a minimum household income requirement of around S$5,250 per month for this property to satisfy financing criteria. Buyers with stronger income profiles or additional financial assets can typically secure mortgages exceeding 75% or reduce loan tenures below 25 years, improving equity buildup. First-time buyers may qualify for Enhanced CPF Housing Grants, which reduce the required cash outlay and improve financing headroom; however, the precise grant entitlement depends on household composition, income, and previous property ownership.

How does 55 Havelock Road compare to nearby competing HDB developments in Outram and adjacent districts?

55 Havelock Road competes primarily against other HDB properties on Havelock Road itself, as well as blocks within the broader Outram planning zone such as those on Tiong Bahru Road, Keong Saik Road, and emerging units on Outram Park. Direct competitors typically offer similar lease lengths, build quality, and spatial standards, though some nearby blocks may be marginally older or newer depending on construction vintage. Pricing differences across these competing addresses are usually modest (typically within 5% to 10%), with variation reflecting floor level, unit condition, and specific amenity access. Properties directly fronting Outram MRT Station (TE15) or Pearl's Hill vicinity command premium pricing due to even shorter walking distances. Buyers evaluating 55 Havelock Road should physically inspect several comparable blocks to understand the local market's nuanced pricing structure and condition baselines.

Which floor levels or unit stacks at 55 Havelock Road offer the best value and amenity balance?

Mid-floor units (typically Floors 4 to 15 in a standard HDB block) at 55 Havelock Road generally offer the best balance between acquisition cost and amenity value. Lower floors (1 to 3) typically attract a modest discount due to natural light and visual obstruction from ground-level activity, though they offer easier access for elderly residents and reduced climbing fatigue. Higher floors (16 and above) command price premiums for superior light, views, and reduced noise exposure, but this premium often exceeds the tangible benefit gained by middle-market buyers. Corner units across all floors tend to trade at a premium of 3% to 7% relative to internal units, reflecting superior natural ventilation and light; however, this premium is not always justified by the actual cost of ownership or rental appeal. Investor-focused buyers should prioritise units on quieter sides of the block (away from Havelock Road itself) and mid-floor positions, which balance affordability with consistent tenant demand.

What is the future housing supply pipeline in Outram and adjacent central districts, and how might it affect 55 Havelock Road valuations?

Outram's future HDB supply remains subject to government land-use planning and Urban Redevelopment Authority (URA) guidance, which are not publicly committed to specific release timelines. However, the broader Central Region planning framework indicates that new HDB supply will be strategically rationed, with priority given to District Centres and new launch zones rather than infill sites adjacent to existing developments. This relative supply constraint suggests that existing stock—including 55 Havelock Road—benefits from a structural scarcity premium. Additionally, the Outram precinct's evolution towards mixed-use development with retail, hospitality, and office components suggests that future HDB supply may be limited due to competing demand for land from commercial and mixed-use projects. Buyers purchasing with a medium to long-term horizon (10+ years) are likely to benefit from this supply-constrained environment, though short-term trading activity may be influenced by headline market cycles and interest rate fluctuations.

[For Sale / Rent] Hdb Flat At 55 Havelock Road — From S$2,000