Type

Units

Min Area

Price Range

3 BR

904 sqft

S$700K

Property Highlights

HDB development with 3 units currently available.
Prices currently start from S$700K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$140K on this acquisition.
Located 10 min (820 m) from EW18 Redhill 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.

48 Lengkok Bahru: A Solid HDB Investment in Singapore's Desirable District 3

48 Lengkok Bahru stands as a well-positioned Housing and Development Board development in one of Singapore's most sought-after residential zones. Located in the heart of the mature Redhill enclave, this property offers families and investors alike the combination of accessibility, established infrastructure, and strong rental fundamentals that characterise District 3's property market.

The development's greatest asset is its strategic proximity to Redhill MRT Station on the East–West Line, situated just over 800 metres away—a comfortable ten-minute walk for most residents. This level of connectivity to Singapore's transport backbone ensures that commuters can reach the Central Business District, Marina Bay, and other employment hubs with ease. For investors, this accessibility translates directly into tenant demand, as working professionals consistently prioritise locations within close reach of reliable public transport.

Unit Specifications and Living Space

Properties at 48 Lengkok Bahru are configured as three-bedroom, two-bathroom flats with floor areas around 904 square feet, providing the space that modern families require without excessive upkeep. The dual-bathroom layout is particularly valuable in today's property market, where the second bathroom significantly enhances daily convenience for multi-generational households and improves rental appeal when the property is leased out. The room proportions and overall layout reflect contemporary HDB design standards, allowing natural light and ventilation throughout the units.

Neighbourhood Character and Amenities

Redhill has matured into one of Singapore's most complete residential communities, combining quiet residential streets with excellent local services. The neighbourhood benefits from proximity to shopping centres, hawker centres serving authentic local cuisine, and a range of primary and secondary schools. Parents choosing to settle here appreciate the educational options and the safe, family-oriented atmosphere the area has cultivated over decades.

The wider District 3 region—encompassing neighbourhoods such as Tiong Bahru, Outram, and Tanglin—is home to a diverse population ranging from young professionals to established families. This demographic diversity supports both the rental market and resale demand, as properties here appeal across multiple buyer and tenant segments.

Market Position and Pricing

Units at 48 Lengkok Bahru are priced from S$700,000, positioning them competitively within the HDB resale market for three-bedroom flats in the central zone. This pricing reflects the development's age, condition, location relative to the MRT, and the prevailing market for comparable properties in the Redhill locality. Prospective buyers should note that HDB flat valuations in established neighbourhoods like this tend to hold their value better than newly launched private residential projects, provided the lease remains above 60 years.

The price per square foot for units here compares favourably to other three-bedroom HDB offerings in District 3, particularly those further from the MRT or in less mature neighbourhoods. This value proposition makes the development appealing both to first-time upgrade buyers moving from two-bedroom units and to investors seeking stable, long-term rental income.

Investment Potential and Rental Yield

For those considering 48 Lengkok Bahru as an investment property, the rental market in the Redhill precinct offers consistent returns. Three-bedroom HDB units in central zones typically command monthly rents between S$3,000 and S$4,000, depending on exact unit condition and specific floor level. A conservative estimate would place the gross rental yield in the region of 4–5% per annum, which compares favourably to many private residential developments and bonds. The tenant base in this area is stable—predominantly working families and professionals—reducing vacancy risk and ensuring regular cashflow.

Lease Tenure and Long-Term Considerations

As an HDB property, units at 48 Lengkok Bahru carry either a 99-year or 999-year lease, depending on the original construction phase. Buyers should verify the exact lease tenure at the point of purchase, as this directly affects long-term resale value and bank lending eligibility. Properties with leases below 60 years typically face restrictions on financing and slower capital appreciation; conversely, those with substantial lease periods enjoy full financing access and stronger growth trajectories.

Financing and Buyer Considerations

First-time HDB buyers benefit from exemption on the Additional Buyer's Stamp Duty when purchasing their first residential property. However, those acquiring 48 Lengkok Bahru as a second property will incur ABSD at 20% of the purchase price, a significant cost that must be factored into the overall investment equation. For a property priced at S$700,000, this equates to S$140,000 in additional duties, effectively raising the total acquisition cost to S$840,000 before legal and disbursement fees.

The Total Debt Servicing Ratio threshold, which determines the maximum proportion of income dedicated to mortgage payments, typically allows borrowers to finance up to 75–80% of the property value with HDB loans. This means buyers would need to have sufficient liquid capital to cover the down payment, ABSD, and legal costs, while demonstrating adequate monthly income to service the loan. Prospective investors should engage a mortgage broker to assess their financing headroom before committing to purchase.

Comparison to Nearby Developments

The HDB resale market in the Redhill and surrounding Tanglin–Tiong Bahru zones includes several comparable blocks with varying unit mixes and price points. Neighbouring developments may offer slightly more recent renovation works or different floor counts, but 48 Lengkok Bahru's direct proximity to the MRT and its mature community infrastructure differentiate it positively. Properties across the broader District 3 arc—from Outram to the northern fringes—show varied pricing based on MRT distance; those within 300–600 metres of a station command a premium of 10–15% over those a kilometre away.

Future Market Outlook and District Planning

Singapore's long-term masterplan identifies District 3 as a stable, mature residential zone with limited new supply in the immediate future. This supply constraint supports long-term capital appreciation, particularly for well-maintained, centrally located properties like those at 48 Lengkok Bahru. Upcoming improvements to surrounding amenities—such as park enhancements, community facilities, and precinct-wide upgrades—typically benefit existing properties in the area, reinforcing their value proposition.

For buyers, whether seeking a family home or an investment foothold in central Singapore, 48 Lengkok Bahru represents a pragmatic choice that balances affordability, location, and long-term appreciation potential. The combination of established neighbourhood character, excellent transport access, and competitively positioned pricing makes it worthy of serious consideration within the HDB resale landscape.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 48 Lengkok Bahru as an investment property?

Three-bedroom HDB units in the Redhill area typically achieve monthly rents between S$3,000 and S$4,000, depending on unit condition, floor level, and specific layout preferences among tenants. This translates to a gross rental yield of approximately 4–5% per annum on a property priced from S$700,000, representing a solid return relative to bond yields and many private residential developments in Singapore. The tenant base in this central zone is predominantly stable working families and professionals, reducing vacancy periods and ensuring consistent monthly cashflow. For investors prioritising rental income over capital appreciation, this yield profile makes the development a pragmatic addition to a diversified property portfolio.

How does the price per square foot at 48 Lengkok Bahru compare to recent transactions in the Redhill area?

Units at 48 Lengkok Bahru, priced from S$700,000 with floor areas around 904 square feet, translate to a price per square foot of approximately S$775–S$800, depending on the exact unit configuration and condition. Recent comparable three-bedroom HDB resale transactions in Redhill and the immediate surrounding Tanglin precinct have ranged between S$700–S$850 per square foot, placing this development at the middle-to-lower end of that spectrum. This competitive positioning reflects the development's mature age, established community status, and direct proximity to Redhill MRT Station, which supports consistent tenant demand and resale liquidity. Buyers should note that HDB prices in District 3 remain more stable than newer private developments, with less vulnerability to market downturns.

What is the Additional Buyer's Stamp Duty impact if I'm purchasing this as a second residential property?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty at 20% of the purchase price, applied in addition to the standard Buyer's Stamp Duty. For a property at 48 Lengkok Bahru priced at S$700,000, this equates to S$140,000 in ABSD alone, elevating the total acquisition cost to S$840,000 before legal fees, disbursements, and valuation charges. This duty is payable upfront at the point of purchase and significantly impacts cashflow planning and overall return on investment, particularly for those financing the bulk of the property through a mortgage. Investors should carefully model whether the expected rental yield and capital appreciation justify this substantial initial outlay, and consider engaging a tax advisor to explore any legitimate planning strategies.

How does the lease tenure at 48 Lengkok Bahru affect resale value and long-term investment potential?

HDB leasehold properties are typically granted at either 99 years or 999 years, and lease duration significantly impacts both financing eligibility and future resale demand. Properties with 60 years or fewer remaining on the lease face strict financing restrictions from most banks and decline rapidly in value as the lease diminishes, making them poor long-term investments. Conversely, units at 48 Lengkok Bahru with substantial lease periods—particularly 99 years from original construction or 999-year leases—enjoy unrestricted mortgage access and maintain stronger appreciation profiles. Buyers should verify the exact lease duration at the time of purchase, as this single factor can determine whether a property appreciates steadily or faces accelerating depreciation as the lease reaches its fourth decade.

How does proximity to Redhill MRT Station influence demand and capital appreciation for properties here?

Located approximately 800 metres—a ten-minute walk—from Redhill MRT Station on the East–West Line, 48 Lengkok Bahru benefits from one of Singapore's most valuable real estate attributes: direct, convenient access to high-capacity public transport. Properties within 500–1,000 metres of an MRT station typically command a 10–15% price premium over comparable units one to two kilometres away, a differential that persists across market cycles. This proximity ensures consistent tenant demand, as working professionals consistently prioritise locations with short commutes to the Central Business District, Marina Bay, and other employment nodes accessible via the EW Line. Over the medium to long term, improved transport connectivity and land-use intensification around the MRT typically drive capital appreciation, suggesting that this development's current location premium should hold or expand as Singapore's transport infrastructure continues to evolve.

Is 48 Lengkok Bahru suitable for first-time upgraders moving from a two-bedroom HDB?

First-time upgraders represent one of the strongest buyer segments for three-bedroom HDB resale properties like those at 48 Lengkok Bahru. The additional space compared to a two-bedroom flat, combined with the dual-bathroom layout, directly addresses the living space constraints that drive upgrade purchases, whilst the established Redhill neighbourhood provides schools, hawker centres, and family-friendly amenities that appeal to growing families. Crucially, first-time residential property buyers are exempt from Additional Buyer's Stamp Duty, making the acquisition significantly more affordable than for investor-purchasers buying a second property. The pricing from S$700,000 falls within the typical upgrade budget for young professionals and established families, and HDB financing schemes offer competitive interest rates and extended tenures suited to upgrader profiles. This combination makes the development highly attractive for buyers seeking to transition from smaller public housing into a more spacious family home.

What Total Debt Servicing Ratio and financing headroom should I expect at typical price points for this development?

HDB loan eligibility typically permits borrowing up to 75–80% of the property value, meaning a buyer acquiring a unit at S$700,000 would generally qualify for a loan of S$525,000–S$560,000, requiring a down payment of S$140,000–S$175,000 before ABSD and legal costs. The Total Debt Servicing Ratio—the proportion of monthly income allocated to mortgage and other debt repayments—is capped at 60%, a constraint that effectively limits loan eligibility to applicants with sufficient gross household income. For example, a loan of S$550,000 over 25 years at approximately 2.6% annual interest would result in monthly repayments of roughly S$2,300, meaning the borrower would need gross monthly household income of approximately S$3,800 to remain within TDSR thresholds whilst maintaining other financial obligations. Prospective buyers should stress-test their financing capacity early in the purchase process, as this will determine both affordability and the maximum property price achievable within their budget constraints.

How does 48 Lengkok Bahru compare to competing HDB developments in the Redhill and Tanglin precincts?

The Redhill and surrounding Tanglin locality contains several comparable HDB developments offering three-bedroom units, including blocks in the immediate vicinity and those scattered across the broader precinct. Neighbouring developments may offer slightly more recent internal renovations, different floor counts, or varying unit mix ratios, but 48 Lengkok Bahru's defining advantages lie in its direct proximity to Redhill MRT Station and its position within a mature, fully developed community with comprehensive schools, shopping, and family amenities. Comparable blocks further from the MRT—located one to two kilometres distant—typically price 10–15% lower, offsetting their lower acquisition cost with reduced tenant demand and slower capital appreciation. When evaluated holistically, 48 Lengkok Bahru's combination of location, MRT accessibility, and established neighbourhood character positions it competitively within the broader District 3 resale market, often commanding a marginal price premium justified by its transport convenience and community maturity.

Are there specific unit stacks or floor levels at 48 Lengkok Bahru that offer better value or rental appeal?

Within multi-storey HDB blocks, unit valuation and rental appeal vary meaningfully by floor level and stack position, though these variations are typically less pronounced than in private residential developments. Lower-floor units (first to fourth storeys) appeal particularly to families with young children and elderly residents who prefer minimising stair or lift dependency, though they may command slightly lower selling prices due to reduced privacy and light compared to mid-level units. Mid-level units (fifth to tenth storeys) generally represent the optimal balance between premium-light exposure, privacy, and accessibility, often achieving the strongest rental demand and steadiest capital appreciation. Higher-floor units (tenth storey and above) appeal to buyers prioritising natural light and views, though rental yields may be marginally lower if the target tenant demographic prioritises accessibility and family practicality. For investors, mid-level units typically deliver the best combination of rental demand stability, pricing, and appreciation potential, whilst upgraders may prioritise personal preference for natural light and privacy over strict yield optimisation.

What is the future supply pipeline in District 3, and how might this affect long-term capital appreciation at 48 Lengkok Bahru?

Singapore's long-term land-use masterplan designates District 3 as a mature, fully developed residential zone with limited scope for large-scale new public housing supply in the immediate and medium term. Unlike younger estates such as Punggol, Sengkang, or Clementi, which continue to see new HDB blocks launched, District 3's housing supply is effectively stabilised, with future growth concentrated on limited urban redevelopment and private residential projects in specific precincts. This supply constraint is a significant positive for existing properties at 48 Lengkok Bahru, as limited new inventory typically supports sustained demand and gradual capital appreciation. Additionally, as Singapore's population ages and many young families seek established neighbourhoods with schools and community facilities already in place, the relative scarcity of new HDB supply in District 3 increasingly directs buyer and tenant demand toward existing blocks. Over a ten-to-fifteen year horizon, this supply-demand imbalance should support steady price growth and strong rental fundamentals, making current acquisition prices at this development potentially attractive relative to future value.

[For Sale] Hdb Flat At 48 Lengkok Bahru — From S$700K