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[For Sale] Hdb Flat At Compassvale Drive — From S$899K

216A Compassvale Drive

1 for sale
9 people are looking at this property right now
HDB

[For Sale] Hdb Flat At Compassvale Drive — From S$899K

HDB Flat At Compassvale Drive
1 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 1 1205 sqft S$899K
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Property Highlights
  • HDB development with 1 unit currently available.
  • Prices currently start from S$899K.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$180K on this acquisition.
  • Located 3 min (250 m) from NE16 Sengkang 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.

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216A Compassvale Drive: A Mature HDB Haven in Sengkang

Nestled in the heart of Sengkang, 216A Compassvale Drive represents one of Singapore's most sought-after HDB locations for families seeking affordability without compromising on neighbourhood maturity and connectivity. This established residential address sits within a vibrant community that has evolved significantly over the past two decades, attracting both first-time buyers and upgraders who recognise the long-term value proposition of owning in this district.

The development benefits from exceptional proximity to Sengkang MRT Station on the North-East Line (NE16), positioned just three minutes' walk or 250 metres away. This accessibility fundamentally enhances daily commuting efficiency, allowing residents to reach major employment hubs across the island—including the Central Business District, Marina Bay, and emerging office clusters in the west—without relying on private transport. For professionals working in central Singapore, the time and cost savings translate into tangible lifestyle benefits that compound over years of ownership.

Spatial Design and Unit Composition

Units within this development typically feature thoughtfully proportioned layouts spanning approximately 1,205 square feet, delivering generous living space that accommodates modern family living with ease. Three-bedroom configurations are standard, providing dedicated spaces for parents, children, and guests, whilst dual bathrooms—a hallmark of quality HDB design—reduce morning congestion and enhance household comfort during peak times. The floor plans reflect contemporary building standards, incorporating natural ventilation and light penetration that defines pleasant residential spaces.

The neighbourhood's maturity means established landscaping, mature trees, and landscaped common areas that create an inviting environment beyond individual units. Residents benefit from well-maintained void decks, community centres, and recreational facilities that foster social cohesion and provide flexible spaces for gatherings, exercise, and informal socialising.

Market Position and Pricing Strategy

Properties at this address command prices from S$899,000 upwards, reflecting current market conditions and the intrinsic value of Sengkang's location. Compared to similar HDB developments across the East Coast, this pricing sits competitively, particularly when accounting for unit size, condition, and proximity to the MRT network. Recent transactional data across Sengkang indicates sustained demand for three-bedroom units, with price-per-square-foot metrics holding steady as the estate demonstrates resilience against market volatility.

First-time buyers entering the HDB market find this development particularly appealing, as the combination of moderate pricing, established infrastructure, and transparent rental markets creates a lower-risk entry point into property ownership. Upgraders transitioning from smaller units or other estates likewise benefit from the value calibration, enabling lateral moves that increase living space without stretching financing beyond prudent limits.

Transportation and Urban Connectivity

The three-minute walk to Sengkang MRT Station cannot be overstated as a competitive advantage. The North-East Line provides direct access to major commercial and recreational destinations, whilst interchange facilities at Dhoby Ghaut and other major nodes connect residents to the broader rail network. This seamless integration into Singapore's public transport spine enhances both day-to-day mobility and long-term capital appreciation potential, as MRT-proximate properties consistently outperform those requiring longer walking distances or first-mile transport solutions.

Beyond rail connectivity, the Sengkang area is served by an extensive bus network, ensuring alternative commuting options and last-mile flexibility. Shopping centres including Sengkang Grand Mall and Compass Point sit within short distances, consolidating convenience and reducing the necessity for trips outside the immediate neighbourhood.

Community Infrastructure and Amenities

Sengkang's maturity as a residential district translates into comprehensive amenity coverage. Educational institutions including primary and secondary schools serve families with school-age children, whilst childcare facilities and pre-schools cater to younger residents. Healthcare is accessible through nearby polyclinics and private medical centres, ensuring residents have rapid access to medical services without lengthy commutes.

The neighbourhood supports a diverse retail and dining ecosystem, from hawker centres offering affordable meals to shopping malls housing supermarkets, restaurants, and entertainment venues. Parks and recreational facilities, including the Sengkang Park Connector network, encourage outdoor activity and provide green spaces that enhance quality of life and neighbourhood character.

Investment and Rental Market Dynamics

From an investment perspective, HDB units at this location attract both owner-occupiers and buy-to-let investors seeking stable rental yields. The established nature of the estate, combined with its MRT accessibility and family-oriented design, creates a reliable tenant pool comprising young professionals, small families, and expatriates seeking affordable, well-connected housing. Rental demand tends to be consistent throughout market cycles, offering investors a defensive income stream even during periods of capital value consolidation.

The pricing point supports reasonable leverage, allowing investors to acquire units with standard HDB loan structures whilst maintaining healthy debt-service coverage ratios. However, prospective investors must factor in HDB tenancy rules, which restrict rental periods and impose lock-in conditions that affect portfolio flexibility.

Lease Tenure and Long-Term Value

HDB properties at Compassvale Drive operate under standardised 99-year lease terms, consistent across the public housing scheme. Whilst lease decay does eventually impact resale values—particularly as leases drop below 70 years—this development benefits from sufficient tenure runway that renders depreciation concerns immaterial for current purchasers. Properties with 90+ years of remaining lease command full market prices without discount, making this an ideal acquisition window before incremental lease decay becomes a pricing factor.

Comparative Market Standing

When benchmarked against nearby HDB estates and private residential alternatives, Compassvale Drive offers compelling value. Adjacent developments in Sengkang command similar price per square foot metrics, yet the specific unit composition and floor heights available at this address provide flexibility to suit diverse buyer preferences. The estate's reputation for stable resale demand and transparent pricing mechanics further enhances its appeal relative to newer, untested developments where uncertainty around secondary market depth may deter cautious purchasers.

Properties here exhibit faster turnover rates compared to outlying estates, indicating sustained buyer confidence and a liquid resale market—essential considerations for those prioritising exit optionality or refinancing flexibility in future years.

Future District Development and Supply Considerations

Sengkang is well-established as a mature town with limited scope for large-scale HDB expansion, creating relative scarcity that supports long-term capital appreciation. Planned improvements to transport infrastructure, including potential rail enhancements and town centre upgrades, may further elevate neighbourhood appeal without materially increasing housing supply. This supply-constrained trajectory creates a favourable environment for existing property holders seeking to benefit from demographic demand without competitive pressure from new, competing developments.

For buyer profiles ranging from first-timers to upgraders to investors, 216A Compassvale Drive encapsulates the enduring appeal of Singapore's HDB system: affordable ownership within mature, well-connected communities that deliver consistent lifestyle and financial value over the decades-long holding periods typical of primary residences.

Frequently Asked Questions

What is the estimated rental yield for an investment purchase at 216A Compassvale Drive?

Rental yields for HDB units at this address typically range between 2.5% to 3.5% gross per annum, depending on unit type, condition, and lease length. The established maturity of the Sengkang estate generates consistent tenant demand from young professionals and expatriates seeking well-connected, affordable housing, underpinning a reliable income stream. However, investors must account for HDB tenancy restrictions—which cap rental periods and impose lock-in conditions—when modelling returns. The proximity to Sengkang MRT Station (NE16) enhances rental attractiveness, as commuters prioritise MRT accessibility, creating a large addressable tenant pool and reducing vacancy risk relative to more remote estates.

How does the price per square foot at this development compare to recent HDB sales in Sengkang?

Recent transactional data across Sengkang indicates price-per-square-foot metrics ranging from approximately S$650 to S$750 for similar three-bedroom units, positioning 216A Compassvale Drive competitively within this band. The specific unit composition—featuring approximately 1,205 square feet—translates to total asking prices from S$899,000 upwards, reflecting current market sentiment. Comparable nearby developments in Sengkang exhibit similar per-square-foot valuations, confirming that this address sits fairly within the contemporary market without material premium or discount. The stability of these metrics over recent quarters indicates robust demand equilibrium, where buyer appetite remains steady relative to available supply.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing a second HDB property here?

Singapore Citizens acquiring a second residential property, including HDB units at this address, face Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% calculated on the purchase price. For a purchase price of S$899,000, this equates to ABSD liability of approximately S$179,800, substantially increasing total acquisition costs alongside standard conveyancing fees and legal charges. Prospective second-property buyers must factor this 20% levy into financing models and ensure total debt servicing capacity accommodates both mortgage payments on the new property and any remaining obligations on existing residential holdings. First-time HDB buyers and Singapore Permanent Residents acquire units without ABSD exposure, providing a material cost advantage that influences buyer pool composition and secondary market dynamics.

Is lease decay a concern for resale value at 216A Compassvale Drive, given the 99-year HDB tenure?

HDB units at this address hold 99-year lease terms, and as a mature, established development, properties here maintain substantial lease runway—typically 90+ years for recent sales—that insulates current purchasers from material lease decay impact. Lease depreciation only materialises meaningfully once remaining tenure drops below 70 years, at which point resale valuations begin discounting incrementally. For buyers with a 20–30 year holding horizon, this development presents negligible lease risk, as leases will retain 60+ years at the time of eventual resale. Prospective purchasers should verify the specific lease commencement date of individual units during conveyancing to confirm exact tenure, but the HDB scheme's structural design ensures that lease decay is deferred for several decades beyond current ownership transitions.

How does proximity to Sengkang MRT Station (NE16) influence capital appreciation and buyer demand?

The three-minute walk to Sengkang MRT Station (NE16) is a primary driver of capital appreciation and sustained buyer demand, as MRT-proximate properties consistently command premium valuations across Singapore's HDB market. Direct access to the North-East Line eliminates first-mile transport friction and enables seamless commuting to major employment hubs including the Central Business District, Orchard, and emerging office clusters island-wide. Historical data demonstrates that HDB properties within 300 metres of MRT stations experience stronger price growth and faster secondary market turnover, reflecting buyer prioritisation of transport accessibility in long-term ownership decisions. As Singapore's population continues to concentrate in MRT-connected nodes, the relative scarcity of units within walkable distance of major stations should support continued capital appreciation, positioning 216A Compassvale Drive favourably relative to more remote developments.

Which buyer profiles are best suited to purchasing at this development?

First-time HDB buyers find this development particularly attractive due to moderate pricing, transparent market mechanics, and established neighbourhood infrastructure that reduces execution risk relative to untested new launches. Upgraders transitioning from smaller units or older estates benefit from the generous three-bedroom layout and mature facilities whilst maintaining affordability relative to private residential alternatives or Executive Condominiums. Young families with school-age children value the proximity to educational institutions and community infrastructure, creating a stable neighbourhood demographic. Investors seeking defensive rental yields appreciate the consistent tenant demand generated by the MRT connection and neighbourhood maturity, though HDB tenancy restrictions require careful structuring. High-net-worth individuals may find this development less compelling, as they typically prioritise premium locations and larger format properties available in private residential segments.

What are the Total Debt Service Ratio (TDSR) and financing headroom implications at typical price points?

For a purchase price of S$899,000 financed via HDB loan at typical rates, monthly mortgage payments approximate S$3,500–S$3,800 depending on loan tenure and prevailing interest rates. Banks typically apply TDSR limits of 55% for HDB borrowers, meaning purchasers require gross monthly household income of approximately S$6,400–S$7,000 to service this obligation comfortably whilst maintaining headroom for other commitments. First-time buyers benefit from higher HDB loan quantum (up to 95% of valuation for properties below S$450,000 or 75% for higher values), reducing upfront equity requirements relative to private property purchases. Dual-income households—increasingly common in urban Singapore—comfortably meet these thresholds, whilst single-income purchasers may experience tighter financing conditions. Prospective buyers should obtain pre-approval letters from HDB and banks to confirm precise borrowing capacity before making formal offers, as individual circumstances (existing obligations, credit history, employment stability) significantly influence actual lending appetite.

How does 216A Compassvale Drive compare to competing HDB developments in Sengkang and nearby estates?

Competing HDB developments in Sengkang—including estates in adjacent Buangkok, Cove, and Fernvale—exhibit similar price-per-square-foot metrics (S$650–S$750) and comparable unit specifications, creating a relatively homogeneous local market. However, 216A Compassvale Drive's specific advantage lies in its established reputation for consistent resale turnover and transparent pricing mechanics, supported by a large historical transaction database that enables accurate valuation benchmarking. Newer HDB estates in adjacent sectors (such as Buangkok or newer Fernvale phases) may offer newer construction, but they typically command slight premiums whilst exhibiting less predictable secondary market depth until maturity. Comparing across nearby non-Sengkang estates—such as Punggol or Hougang—reveals broader geographic trade-offs, where Sengkang's longer-established infrastructure and mature community typically command prices 3–5% higher on per-square-foot basis, compensated by superior transport connectivity and amenity density.

Which floor levels and unit stacks at this development offer the best value?

Mid-tier floors (typically storeys 5–25) at HDB developments generally offer optimal value-to-amenity trade-offs, combining freedom from ground-floor noise and foot traffic with reduced exposure to high-floor premium pricing. Corner units and units positioned on higher floors within the upper-mid range (storeys 20–30) typically command 5–10% premiums relative to interior units on equivalent levels, reflecting enhanced natural light, cross-ventilation, and perceived privacy benefits. However, these premiums often exceed the actual amenity uplift, meaning value-conscious purchasers may find greater cost-efficiency in interior units on mid-tier floors. Lower floors (storeys 2–4) sometimes trade at slight discounts, despite access to functional identical facilities, making them attractive for price-sensitive buyers unbothered by modest noise exposure. The specific layout and orientation of the development determine which stacks face principal exposures and command premiums; prospective purchasers should conduct site visits across multiple floors before committing, as individual preferences—regarding views, ventilation, and sunlight—vary considerably.

What is the future supply pipeline for HDB housing in Sengkang and how does it affect long-term appreciation?

Sengkang is classified as a mature town with limited scope for large-scale greenfield HDB development, meaning the supply pipeline over the next 5–10 years is constrained relative to growth towns such as Punggol or Tengah. The Housing and Development Board's forward planning emphasises infill development, estate renewal, and vertical intensification within existing mature areas rather than extensive new-estate creation. This structural supply constraint—combined with persistent demographic demand from upgraders, new household formation, and expatriate inflows—creates a favourable environment for capital appreciation, as competitive pressure from newly-built units remains limited. District-level supply tightness has historically correlated with price resilience during market downturns and stronger growth during expansionary periods, suggesting 216A Compassvale Drive is well-positioned to benefit from long-term demand-supply dynamics. However, large-scale urban renewal or transportation improvements (such as new transport corridors or expressway upgrades) could materially alter this outlook, so purchasers should remain attuned to government planning announcements that might reshape neighbourhood trajectory.