Type

Units

Min Area

Price Range

3 BR

1012 sqft

S$518K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$518K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$104K on this acquisition.
Located 5 min (410 m) from NS3 Bukit Gombak 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.

360 Bukit Batok Street 31: A Mature HDB Development in an Established Neighbourhood

360 Bukit Batok Street 31 stands as a well-positioned HDB development in one of Singapore's longstanding residential districts. Located in Bukit Batok, this project offers residents a blend of established community infrastructure and convenient urban connectivity that appeals to families, upgraders, and investors alike. The development presents units across multiple bedroom configurations, with pricing starting from S$518,000, making it an accessible entry point for various buyer profiles within the public housing market.

The neighbourhood surrounding this development has matured over decades, establishing itself as a stable and family-oriented residential area. Residents enjoy access to a comprehensive range of amenities within the immediate vicinity, including neighbourhood shops, hawker centres serving local cuisine, and recreational facilities that cater to multi-generational households. The area's longstanding appeal stems from its balanced approach to urban living, combining residential tranquillity with practical day-to-day convenience.

Transport Connectivity and MRT Accessibility

One of the most compelling features of this location is its proximity to Bukit Gombak MRT Station on the North-South Line, situated just 410 metres away—approximately a 5-minute walk. This direct access to the NS3 line provides residents with seamless connectivity to Singapore's wider transport network, including the Central Business District, Orchard, and Marina Bay areas. For commuters and working professionals, this proximity significantly reduces travel times and enhances the overall convenience of daily life.

The NS3 line's role as a major transportation artery means that properties in close proximity benefit from sustained demand and strong capital appreciation potential over time. The reliability and frequency of service on this line further reinforce the development's appeal to time-conscious residents who prioritise efficient commuting and connectivity to employment hubs across the island.

Unit Configuration and Living Space

The development offers multi-bedroom configurations designed to accommodate diverse household compositions. Three-bedroom and two-bathroom units, spanning approximately 1,012 square feet, represent a substantial living area suitable for families seeking practical space without requiring a larger private residential property. This floor plate size strikes a balance between generous living conditions and efficient land utilisation, typical of well-designed HDB developments from their respective construction era.

The internal layout of these units has been planned to maximise functionality, with separate living and dining areas, dedicated bedrooms, and adequate bathroom facilities to serve family members comfortably. For upgraders transitioning from smaller units or first-time buyers seeking a family-sized home, this configuration provides substantial improvements in living standards and flexibility for different lifestyle arrangements.

Investment and Resale Potential

HDB flats in mature, well-connected estates have consistently demonstrated resilience in the resale market, particularly when located near established MRT stations. The Bukit Batok area benefits from a stable supply of comparable units and steady demand from multiple buyer segments, which supports predictable resale values and reasonable liquidity when owners decide to transact. The combination of location, connectivity, and established community infrastructure creates a compelling investment thesis for buy-and-hold investors.

For those considering this development as an investment property, the rental yield potential should be evaluated against current market rents for similar three-bedroom HDB units in the Bukit Batok precinct. The proximity to Bukit Gombak MRT makes the units attractive to expatriate renters and local professionals, potentially supporting competitive rental rates and consistent tenant demand.

Pricing and Market Positioning

At an entry price of S$518,000, this development positions itself within the mid-range of the HDB resale market, reflecting both its location and the current supply-demand dynamics in the Bukit Batok area. Prospective buyers should conduct comparative pricing analysis against recent transactions in the immediate neighbourhood to validate whether current asking prices represent fair value relative to similar units with comparable ages, conditions, and location proximity to transport nodes.

The pricing structure across the development may vary based on floor level, unit orientation, and internal finishing conditions. Units on higher floors or with better natural light often command premium pricing within the same development, reflecting buyers' preferences for enhanced views, ventilation, and perceived quality of life improvements.

Neighbourhood Character and Lifestyle

Bukit Batok has evolved into a well-established residential precinct with a strong community identity. The area benefits from mature greenery, including nearby parks and green corridors that support an active outdoor lifestyle. Local hawker centres are renowned for their food diversity, serving residents with authentic cuisine options at affordable prices, whilst nearby shopping malls and community centres provide entertainment and leisure facilities.

The neighbourhood's character appeals particularly to families with children, as the area features multiple primary and secondary schools, childcare facilities, and family-oriented recreational spaces. This established family focus has historically supported strong residential stability and community cohesion within the area.

Considerations for Different Buyer Profiles

First-time homebuyers will find this development particularly appealing due to its accessible pricing, established neighbourhood status, and proximity to essential amenities and transport. The three-bedroom configuration provides ample space for young families to grow, whilst the HDB system's stability and regulated resale market offer relative predictability compared to private property markets.

Upgraders transitioning from smaller units or Housing Development Board flats will appreciate the increased living space and the well-developed infrastructure surrounding this location. The convenient MRT access eliminates the need for personal vehicle dependency, thereby reducing overall household expenses for families prioritising transport connectivity.

Investors evaluating this development should consider the stable rental demand in the precinct, the quality of tenants attracted to the MRT-adjacent location, and the expected holding period for capital appreciation. The mature nature of the estate and its established reputation make it a relatively lower-risk investment compared to newer developments in emerging areas.

Future Outlook and Area Development

The Bukit Batok district is unlikely to experience major residential supply shocks, as most land in the area is already fully developed and allocated to established HDB estates and commercial uses. This limited future supply pipeline suggests that existing stock in well-positioned locations will benefit from continued demand, supporting stable or gradually appreciating values over the long term.

Any future developments within the district are more likely to focus on infill projects, community facility upgrades, or transport improvements rather than large-scale residential expansion. This stability makes the area a relatively predictable investment environment, which is particularly valuable for long-term homeowners and buy-and-hold investors.

360 Bukit Batok Street 31 represents a solid option for buyers seeking established neighbourhood credentials, proven transport connectivity, and practical family living in a stable market environment. Whether purchasing as a primary residence or investment property, this development's fundamentals—location, accessibility, and community infrastructure—remain enduring strengths in Singapore's dynamic real estate landscape.

Frequently Asked Questions

What is the estimated rental yield for a three-bedroom unit at 360 Bukit Batok Street 31 if purchased as an investment property?

Estimated rental yields for three-bedroom HDB units in the Bukit Batok area typically range between 2.5% and 3.5% gross annual yield, depending on unit condition, floor level, and current market rental rates for comparable flats. A unit purchased at S$518,000 could generate approximately S$1,200 to S$1,500 in monthly rent, translating to the yield range noted above. However, actual yields vary based on tenant profile, lease terms, and the specific unit's appeal to renters—units near the MRT station or on higher floors often command premium rental rates, potentially supporting yields toward the upper end of this range.

How does the per-square-foot pricing at 360 Bukit Batok Street 31 compare to recent resale transactions in the Bukit Batok area?

The per-square-foot price at this development should be benchmarked against recent HDB resale transactions in the Bukit Batok precinct to determine whether current asking prices represent fair value or premium positioning. At S$518,000 for approximately 1,012 square feet, the psf works out to approximately S$512 psf, though variations exist based on the specific unit's age, condition, and floor level. Comparable three-bedroom HDB units in the same area typically trade within a S$480–S$550 psf range, so prospective buyers should verify recent transacted prices through HDB data to confirm competitive positioning and avoid overpaying relative to prevailing market standards.

What are the Additional Buyer's Stamp Duty (ABSD) implications for a Singapore Citizen purchasing a second property at this development?

Singapore Citizens purchasing a second residential property, including an HDB flat at 360 Bukit Batok Street 31, must pay Additional Buyer's Stamp Duty at the rate of 20% on the purchase price. For a property priced at S$518,000, this translates to an ABSD liability of approximately S$103,600, which must be paid upfront and cannot be financed through a mortgage. This substantial cost significantly impacts the total acquisition expense and should be factored into the investment thesis when considering this property as a second investment. First-time homebuyers, conversely, are exempt from ABSD, making this development particularly attractive for those purchasing their primary residence.

What is the lease tenure of this HDB development, and how might lease decay affect long-term resale value?

HDB flats, including those at 360 Bukit Batok Street 31, typically carry a 99-year lease tenure commencing from the date of initial flat completion and lease grant. As the lease approaches its final decades, resale value will gradually decline due to regulatory mortgage lending restrictions and reduced buyer appeal, as most financial institutions will not extend mortgage facilities for flats with fewer than 30 years remaining on the lease. For a development of this age, buyers should enquire about the exact remaining lease period and factor this into long-term capital appreciation forecasts, as the eventual need for lease renewal or a sale to a younger household profile becomes increasingly relevant as lease expiry approaches.

How does the 5-minute walk to Bukit Gombak MRT Station influence demand and capital appreciation potential for units at this address?

Proximity to an MRT station is one of the most significant demand drivers in Singapore's property market, and the direct 410-metre walk to Bukit Gombak Station on the North-South Line substantially enhances this development's appeal across all buyer segments. Properties within a 10-minute walk of established MRT stations consistently command premium pricing compared to similar units located further away, and they benefit from stronger capital appreciation over extended holding periods. The NS3 line's role as a primary commuter corridor to the Central Business District and other major employment hubs ensures sustained demand, supporting the development's liquidity and price stability even during market cycles of uncertainty or downturn.

Which buyer profiles are best suited to purchasing at 360 Bukit Batok Street 31, and why?

First-time homebuyers benefit significantly from this development's accessible entry price, established neighbourhood infrastructure, and regulated HDB framework, which provides relative predictability compared to private property markets. Young families upgrading from smaller HDB units will appreciate the three-bedroom configuration and the mature estate's family-oriented community facilities and schools. Middle-income households prioritising transport connectivity and residential stability over prestige or luxury amenities will find the MRT-adjacent location and established commercial infrastructure particularly valuable. Investors seeking stable, lower-volatility rental yields in a mature estate with predictable tenant demand from expatriate and local professional renters will also find this development aligned with their objectives, particularly given the lack of major future residential supply shocks in the Bukit Batok area.

What Total Debt Service Ratio (TDSR) and mortgage financing headroom should a buyer expect when financing a purchase at this price point?

At a purchase price of S$518,000, buyers financing approximately 80% to 90% of the purchase price through HDB or bank mortgage facilities can expect to service monthly repayments of approximately S$2,600 to S$3,000 over a 25-year loan tenure, depending on prevailing interest rates and the specific lender's terms. The Total Debt Service Ratio, which caps at 30% of gross monthly household income for HDB loans, means a household must earn approximately S$8,700 to S$10,000 monthly to qualify comfortably for financing without exceeding TDSR limits. Buyers with stronger incomes or larger downpayments will enjoy greater financing flexibility, whilst those with existing property debts or personal loans will face tighter TDSR constraints and may require higher downpayments to remain within acceptable leverage ratios.

How does 360 Bukit Batok Street 31 compare to other three-bedroom HDB developments in nearby areas such as Bukit Batok West or Clementi?

Three-bedroom HDB units in the broader Bukit Batok district typically trade within a similar psf band (S$480–S$550 psf), though prices vary based on individual estate age, condition, and proximity to specific MRT stations. Clementi, situated further east on the NS3 line, often commands slightly higher prices due to proximity to the larger Clementi mall and shopping precinct, whereas Bukit Batok West may offer more affordable pricing for units located further from transport nodes. The key differentiation for 360 Bukit Batok Street 31 lies in its direct NS3 accessibility, which positions it competitively within the immediate catchment, though buyers should compare recent transacted prices across competing estates to ensure optimal value selection within their budget parameters.

Which unit stacks or floor levels at this development typically offer the best value relative to pricing premiums for higher floors?

Mid-level units (floors 5 through 15) at most HDB developments typically offer strong value propositions, as they capture meaningful improvements in natural light and ventilation compared to lower floors, whilst avoiding the steeper pricing premiums commanded by high-level units (floors 20 and above). Lower-floor units occasionally trade at discounts of 5% to 10% compared to mid-level peers, reflecting perceived constraints in views and ventilation, though buyers prioritising ground-level convenience for families with young children or elderly residents may find these units practical despite the discount. For investment purposes, mid-level units often provide optimal balance between tenant appeal, pricing, and capital appreciation potential, as renters and second-market buyers generally show strong preference for the ventilation and light benefits without the premium pricing of trophy floors.

What is the future development pipeline for the Bukit Batok district, and how might new supply affect resale values at 360 Bukit Batok Street 31?

The Bukit Batok district is largely built-out with minimal land reserves remaining for large-scale residential development, meaning the future supply pipeline for new HDB or private housing in this area is exceptionally constrained compared to growth districts on Singapore's periphery. Any future developments will likely focus on infill upgrading of existing estates, commercial centre enhancements, or transport infrastructure improvements rather than substantial new residential supply. This limited supply outlook supports the long-term appreciation potential for well-positioned existing stock such as 360 Bukit Batok Street 31, as demand from families and investors will remain concentrated on the established housing stock with no material new competition entering the precinct to suppress values or rental rates.

[For Sale] Hdb Flat At 360 Bukit Batok Street 31 — From S$518K