Type

Units

Min Area

Price Range

2 BR

600 sqft

S$3,200/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$3,200.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$640 on this acquisition.
Located 4 min (360 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.

8 Jalan Bukit Ho Swee: A Established HDB Development in Bukit Merah

8 Jalan Bukit Ho Swee stands as a well-established housing development in the Bukit Merah planning area, offering residents a direct foothold in one of Singapore's more mature and vibrant neighbourhoods. The development benefits from its strategic location within the Outram district, a region that has consistently evolved as a hub for both residential stability and economic activity. Properties at this address have become sought-after options for individuals and families seeking proximity to the central business district without the premium pricing of newer private residential developments.

The neighbourhood surrounding Jalan Bukit Ho Swee carries significant heritage and character. Bukit Merah has long been recognised for its mix of residential, commercial, and recreational spaces, making it an attractive choice for those who value convenience and community. The area continues to benefit from ongoing improvements in infrastructure and amenities, supporting both quality of life and property values.

Transport Connectivity: Quick Access to Havelock MRT

One of the standout advantages of this development is its proximity to TE16 Havelock MRT Station, situated just 360 metres away—roughly a 4-minute walk. This proximity to the Circle Line offers substantial commuting flexibility for residents working across Singapore's key business districts. The Havelock station itself serves as a junction point, with connections facilitating smooth travel to Marina Bay, Raffles Place, and beyond towards the western parts of the island.

For professionals in the financial sector, healthcare, or education, this location eliminates the need for lengthy commutes whilst maintaining affordable entry-level housing costs compared to private condominiums near the same station. Families with school-going children benefit from reduced travel times, whilst investors recognise the sustained demand from tenants prioritising transport accessibility.

Unit Composition and Housing Options

The development offers a range of unit configurations catering to different household sizes and life stages. From compact two-bedroom flats to larger family-oriented configurations, the variety ensures that purchasers and tenants can select homes aligned with their specific needs. Unit sizes typically range from around 600 square feet, providing functional living spaces designed according to HDB's well-established planning standards.

The consistency of HDB design across this development means that maintenance costs remain predictable, and architectural coherence contributes to a stable neighbourhood aesthetic. Residents benefit from standardised building systems and materials, which reduces long-term ownership surprises and supports straightforward property management.

Amenities and Community Facilities

Bukit Merah as a precinct has been developed with comprehensive community infrastructure. Residents at 8 Jalan Bukit Ho Swee enjoy access to neighbourhood parks, childcare facilities, and community centres that serve the broader Bukit Merah population. The area is well-served by wet markets, food centres, and retail establishments that cater to daily living needs, eliminating the necessity to travel far for essentials.

Healthcare facilities including polyclinics and private medical practices are situated within convenient reach, a particularly valuable consideration for families with elderly members or young children. Educational institutions from pre-school through secondary level are distributed throughout the district, supporting families at various life stages.

Investment and Ownership Considerations

For investors evaluating HDB properties as a rental or capital appreciation vehicle, this development presents a compelling case study in location-driven demand. The proximity to Havelock MRT creates consistent tenant demand, particularly among young professionals and expatriates seeking affordable, well-connected homes. Historical rental patterns in this precinct demonstrate strong absorption rates, supporting investment return calculations.

Purchasers should note that HDB flat ownership involves distinct considerations compared to private residential properties. The lease tenure structure, maintenance obligations through town councils, and regulations governing resale and letting apply universally across all HDB developments. These factors contribute to a transparent and regulated ownership environment that many investors prefer for their risk profile.

Market Position and Price Dynamics

Properties at 8 Jalan Bukit Ho Swee operate within the HDB resale market, where pricing reflects the interplay between location, size, remaining lease tenure, and current market conditions. The consistent demand for units near Havelock MRT has historically supported stable or appreciating prices, though like all HDB properties, individual units experience lease decay as the remaining tenure shortens.

The neighbourhood's established status means new supply is unlikely to significantly alter demand dynamics. Instead, scarcity of replacement stock, coupled with Bukit Merah's ongoing rejuvenation efforts, positions existing units as relatively stable stores of value for long-term owners.

Suitability Across Buyer Profiles

First-time homebuyers find HDB developments such as this particularly accessible, with government housing grants potentially reducing their net cash outlay and mortgage burden significantly. The transparent HDB financing framework removes many of the complexities associated with private property purchases, streamlining the acquisition process for less experienced buyers.

Upgraders moving from smaller HDB units or seeking more strategic locations benefit from the established neighbourhood character and proximity to key transport nodes. The move to a location near Havelock MRT often represents a lifestyle upgrade without the capital requirement of private residential properties in comparable locations.

Investors seeking rental yield and tenant stability recognise that HDB units near major MRT stations consistently attract quality tenants with stable employment and reliable rental payment patterns. The regulatory framework governing HDB lettings also provides investor protection through formalised tenancy conditions.

Looking Forward: Market Dynamics and Long-Term Viability

The Outram district continues to benefit from broader urban rejuvenation initiatives and transport infrastructure enhancements. Whilst no new major developments are anticipated in immediate proximity to Jalan Bukit Ho Swee, the existing stock remains well-positioned within a maturing, highly connected neighbourhood. Property owners benefit from the scarcity value that characterises well-located mature HDB precincts in central Singapore.

Potential buyers should evaluate their medium to long-term housing needs against the known HDB ownership framework, lease tenure implications, and the specific advantages of Havelock MRT proximity. For those seeking an entry point to Singapore's property market with genuine transport connectivity and established community infrastructure, 8 Jalan Bukit Ho Swee presents a compelling residential option.

Frequently Asked Questions

What rental yield might investors typically expect from units at 8 Jalan Bukit Ho Swee?

HDB flats near major MRT stations such as Havelock typically generate gross rental yields in the region of 3% to 5% annually, depending on unit size, condition, and specific lease tenure. Properties at this development benefit from consistent tenant demand due to the location's proximity to the Circle Line and the central business district, which attracts young professionals and expatriates seeking affordable housing within easy commuting distance. Investors should note that actual yields vary significantly based on purchase price, lease remaining tenure, and local market conditions at the time of acquisition; properties with longer remaining leases typically command higher valuations and may produce lower percentage yields despite stronger absolute rental income.

How does the price per square foot at this development compare to recent HDB transactions in Bukit Merah?

HDB resale prices in Bukit Merah have historically ranged from approximately S$800 to S$1,100 per square foot depending on lease tenure, unit size, and proximity to MRT stations. Properties at 8 Jalan Bukit Ho Swee, benefiting from their position just 360 metres from Havelock MRT, typically command prices at the upper end of this range, reflecting the transport premium associated with efficient connectivity. The precise per-square-foot comparison fluctuates with quarterly market movements and lease decay effects; units with longer remaining tenures consistently achieve higher per-square-foot valuations than comparable units in the same building with shorter remaining terms, a crucial factor for prospective buyers to evaluate.

What is the Additional Buyer's Stamp Duty impact for a second-property purchaser acquiring a unit here?

Singapore Citizens purchasing a second residential property are subject to Additional Buyer's Stamp Duty at 20% of the purchase price, representing a significant cost component beyond the base acquisition price. For an HDB flat purchased at S$450,000, this ABSD would amount to S$90,000, substantially increasing the total cash outlay required at completion. Second-property buyers must factor this 20% ABSD into their financing calculations and ensure their mortgage capacity remains intact after accounting for this duty, which is payable upfront and cannot be financed through the Housing Development Board loan scheme.

How does remaining lease tenure affect the resale value and long-term viability of units at this address?

HDB lease decay represents a critical consideration for property owners, as units progressively lose value as the remaining lease tenure shortens below 80 years. Units at 8 Jalan Bukit Ho Swee with remaining leases below 60 years experience notably reduced resale demand and financing availability, as many purchasers and lenders become reluctant to acquire properties with insufficient tenure to recover their investment over a reasonable ownership period. The Housing Development Board's lease top-up scheme provides a pathway to extend leases, though this involves additional costs and administrative processes; buyers should assess the remaining tenure at the point of purchase and calculate the potential future cost of lease extension against their long-term ownership intentions.

Does the proximity to Havelock MRT Station drive capital appreciation at this development?

Transport proximity has historically been one of the most reliable drivers of property value appreciation in Singapore's HDB market, and Havelock MRT's status as a Circle Line junction point creates particularly strong demand dynamics. Properties within 5 minutes' walk of major MRT stations typically demonstrate superior capital appreciation compared to equivalently-sized units further away, reflecting both owner-occupancy preferences and consistent investor demand from tenants prioritising commute efficiency. However, with this development already enjoying significant transport premium in its current pricing, future capital gains will depend more upon broader market conditions, neighbourhood amenities evolution, and lease tenure dynamics than on the transport factor alone, which has already been substantially reflected in prevailing valuations.

Which buyer profiles are best suited to purchasing at 8 Jalan Bukit Ho Swee?

First-time homebuyers benefit substantially from this development's location and HDB structure, as government housing grants reduce the net purchase price and simplified financing through the board's loan scheme improves affordability compared to private property alternatives. Young professionals and small families seeking central, transport-efficient housing without the premium pricing of private condominiums find strong value alignment here. Investors focused on stable rental yield and tenant quality appreciate the consistent demand generated by proximity to Havelock MRT and the regulated, transparent HDB tenancy framework; conversely, those seeking rapid capital appreciation or preference for private property amenities should evaluate alternative options more aligned with their investment objectives.

What Total Debt Service Ratio headroom exists for typical buyers financing units at this development?

At approximate price points ranging from S$400,000 to S$550,000 depending on unit configuration, a purchaser with household income of S$8,000 monthly would typically maintain TDSR headroom of 20% to 35% after financing a unit through the standard HDB loan scheme, allowing additional financial flexibility for personal expenses and contingencies. The Housing Development Board's loan programmes generally allow borrowing up to 80% of valuation with repayment periods extending to 30 years, producing monthly mortgage commitments that remain manageable relative to median household incomes in this purchaser demographic. First-time buyers should engage directly with the board's financial advisors to model their specific circumstances, as individual TDSR capacity varies substantially based on existing debt obligations, dependents, and income stability.

How do units at 8 Jalan Bukit Ho Swee compare to competing HDB developments in Bukit Merah or nearby Outram?

Competing HDB developments within the Outram district include properties in Tiong Bahru, Tanglin Halt, and other Bukit Merah precincts; many of these alternatives offer less direct MRT proximity or operate within similar price ranges for comparable unit sizes. The specific advantage of this development centres on Havelock's Circle Line connectivity and the established character of the immediate neighbourhood, which distinguish it from more isolated or older housing blocks. Properties at equivalent distance from alternative MRT stations (such as those near Outram Park) may offer lower absolute prices due to reduced transport premium, though these typically attract smaller tenant pools and experience slower capital appreciation; the choice between competing developments ultimately depends on individual priorities regarding transport access, neighbourhood amenities, and investment yield expectations.

Which unit stacks or floor levels at this development tend to offer the best value proposition?

Middle-floor units (typically floors 3 to 10) at 8 Jalan Bukit Ho Swee generally offer optimal value balancing price, amenity access, and safety considerations, as they command lower premiums than high-floor units whilst avoiding ground-floor drawbacks such as noise, traffic visibility, and potential flooding risk. Units positioned away from lifts and common staircases typically command slight discounts relative to units positioned adjacent to these facilities, presenting opportunities for value-conscious buyers seeking to minimise acquisition costs without material lifestyle compromise. End units and corner units occasionally trade at modest premiums owing to superior light and ventilation, though the absolute price difference remains relatively modest within HDB environments where architectural standardisation limits dramatic variations between otherwise comparable flats.

What is the likelihood of future supply competition in this neighbourhood, and how might it affect property values?

The Outram planning district and wider Bukit Merah precinct have reached a mature development stage where large-scale new HDB construction is unlikely, creating scarcity value that supports long-term price stability for existing stock. The Urban Redevelopment Authority's planning framework prioritises selective renewal and infill development rather than wholesale neighbourhood transformation, meaning existing residents can expect established community character to persist. Potential new supply would more likely take the form of small-scale town council upgrades or isolated replacement projects rather than competing developments, substantially reducing the risk of neighbourhood-wide oversupply that could depress values; this scarcity dynamic distinguishes central HDB locations such as Bukit Merah from newer housing estates on the city periphery where pipeline supply remains substantial.

[For Rent] Hdb Flat At Jalan Bukit Ho Swee — From S$3,200