Type

Units

Min Area

Price Range

3 BR

1227 sqft

S$858K – S$868K

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$858K to S$868K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$172K on this acquisition.
Located 10 min (850 m) from NS12 Canberra 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.

109D Canberra Walk: A Mature HDB Development in Bukit Timah

109D Canberra Walk stands as a well-established residential address within the Bukit Timah planning area, a district recognised for its stability and balanced mix of public housing, private estates, and established community facilities. The development benefits from decades of urban planning investment, making it an attractive proposition for buyers seeking a mature neighbourhood with proven long-term value retention. The address represents a straightforward entry point into one of Singapore's most sought-after non-central regions, where HDB resale properties command sustained demand across multiple buyer demographics.

The location offers meaningful proximity to NS12 Canberra MRT Station, situated approximately 850 metres away and reachable on foot in around ten minutes. This accessibility to the North–South Line provides direct connectivity to the city centre, making the development particularly appealing to commuters who prioritise transport convenience without sacrificing suburban living conditions. The MRT connection fundamentally shapes the development's investment appeal, as reliable public transport access remains a primary value driver in Singapore's residential market.

Unit Specifications and Layout

Units within 109D Canberra Walk are configured as three-bedroom, two-bathroom residences spanning approximately 1,227 square feet of internal space. This floor plan represents the classic middle-tier HDB offering, neither cramped for growing families nor oversized for dual-income couples or empty-nesters seeking efficient living arrangements. The generous square footage accommodates flexible room usage, whether as guest bedrooms, home offices, or hobby spaces, providing the adaptability modern households increasingly demand. The dual-bathroom configuration adds practical convenience, particularly valuable in multi-generational living scenarios common within Singapore's housing market.

Pricing and Market Position

Current asking prices for units at 109D Canberra Walk commence from approximately S$858,000, positioning the development within the accessible middle segment of the HDB resale market for Bukit Timah. This price point reflects realistic valuation benchmarks for mature three-bedroom units in established areas, where buyers pay for proven neighbourhood credentials and established infrastructure rather than newness alone. Price per square foot metrics remain competitive when assessed against comparable developments within the same district, offering reasonable value-for-money for purchasers unwilling to compromise on location maturity or transport connectivity. Prospective buyers should factor in Additional Buyer's Stamp Duty implications when evaluating total acquisition costs; second-property purchasers who are Singapore Citizens face a 20% ABSD charge on the purchase price, materially affecting financing requirements and overall investment returns.

Tenure and Ownership Structure

Properties at 109D Canberra Walk are offered under standard HDB resale terms, typically featuring either 99-year leasehold or freehold ownership structures depending on the specific unit and transaction circumstances. Lease decay represents a material consideration for longer-term ownership, particularly as properties approach the final decades of their lease terms; however, the relatively robust remaining tenure at this development stage ensures near-term resale liquidity remains uncompromised. Prospective buyers should verify exact lease duration for individual units prior to commitment, as this fundamentally influences future refinancing prospects, inheritance planning, and eventual disposition strategies. The HDB resale framework provides statutory protections and standardised transaction processes, reducing transactional uncertainty compared to private property acquisitions.

Neighbourhood Context and Amenities

The Bukit Timah district surrounding 109D Canberra Walk encompasses a comprehensive network of established schools, medical facilities, shopping precincts, and recreational spaces accumulated over decades of urban development. Residents benefit from proximity to both educational institutions and retail destinations, alongside the quieter, family-oriented character that distinguishes suburban Singapore from high-density commercial zones. The neighbourhood's maturity translates to predictable, stable property dynamics; this is not a precinct experiencing disruptive regeneration or speculative redevelopment cycles, but rather an area where buyer expectations and property performance align with long-term ownership fundamentals.

Investment Characteristics and Demand Profile

The development appeals to distinct buyer cohorts, each with differing investment horizons and return expectations. First-time buyers entering the HDB resale market benefit from the proven locality and straightforward three-bedroom utility, whilst upgraders transitioning from smaller units or private leasehold properties value the enlarged space and established community infrastructure. Owner-investors assessing the development as a rental asset should model returns based on local rental benchmarks for comparable three-bedroom units, accounting for the MRT station proximity as a key rental demand driver; properties within 800 metres of major transport nodes consistently command rental premiums in Singapore's competitive leasing market. High-net-worth individuals and alternate-investment purchasers may evaluate the development as a diversified housing exposure within a politically stable jurisdiction, though the modest absolute price point and HDB classification typically appeal more to primary-use buyers than portfolio accumulators.

Capital Appreciation and Resale Prospects

Historical trends suggest HDB resale properties in mature, well-serviced locations with established MRT connectivity experience measured but consistent capital appreciation over multi-year holding periods. The proximity to Canberra MRT Station serves as a fundamental value anchor, insulating the development from the steeper depreciation curves observed in properties distant from public transport. Market absorption rates for three-bedroom units in the Bukit Timah region remain healthy, indicating robust demand when owners elect to transition or downsize. The development's stability within an established neighbourhood means buyer sentiment tracks broader HDB market dynamics rather than being substantially dependent on localised supply-side disruptions or major infrastructure changes.

Comparative Market Analysis

When evaluated against nearby competing HDB resale developments and private housing alternatives within Bukit Timah, 109D Canberra Walk offers a pragmatic value proposition. The development's pricing remains accessible relative to nearby private condominiums, yet commands the stability and lower entry costs inherent to the HDB resale segment. Comparative transaction data from surrounding blocks and neighbouring constituencies provides useful benchmarking; serious buyers should interrogate recent psf transaction prices for similar three-bedroom units to contextualise current asking levels and negotiate from an informed position. The absence of speculative redevelopment or en-bloc acquisition speculation in the immediate area suggests prices will remain tethered to fundamental value metrics rather than cyclical sentiment-driven volatility.

Financing and Debt-Servicing Considerations

Buyers utilising mortgage financing should anticipate Total Debt Service Ratio (TDSR) constraints, which cap monthly loan repayments at 60% of documented gross income. At prevailing interest rates and typical loan tenures, a purchase price around S$858,000 typically requires monthly repayments in the S$4,000–S$5,000 range (depending on loan amount, tenure, and prevailing rates), necessitating gross household income in the region of S$7,000–S$9,000 monthly to remain comfortably within TDSR thresholds. First-time buyers benefit from concessional HDB loan terms and exemption from ABSD, whilst second-property purchasers must incorporate the 20% ABSD charge into their total acquisition budget and financing headroom calculations. Prudent financial planning requires stress-testing the mortgage facility against rising interest rate scenarios and potential income volatility, particularly for self-employed purchasers or those in cyclical employment sectors.

Future Demand and District Pipeline

The Bukit Timah region shows limited large-scale public housing regeneration on the immediate horizon, suggesting the supply-demand balance will remain relatively stable and supportive of gradual capital appreciation. The North–South Line's continued centrality within Singapore's transport network ensures sustained commuter reliance on Canberra MRT Station, underpinning long-term demand for nearby residential properties. Government policy prioritises rejuvenation of ageing HDB estates through targeted upgrading programmes rather than wholesale redevelopment, meaning mature properties like those at 109D Canberra Walk benefit from incremental infrastructure improvements without the disruption or speculative premiums accompanying major regeneration projects. This measured approach to district evolution supports the case for 109D Canberra Walk as a stable, lower-volatility addition to a diversified residential property portfolio.

Frequently Asked Questions

What rental yield might I expect if I purchase a unit at 109D Canberra Walk as an investment property?

Three-bedroom HDB units near MRT stations in Bukit Timah typically achieve gross rental yields between 3% and 4% annually, depending on unit configuration, floor level, and market conditions at the time of purchase. A unit purchased at S$858,000 renting for approximately S$2,400–S$2,800 monthly would generate gross annual income in the region of S$28,800–S$33,600, translating to yields near the lower end of this range. Net yields after accounting for property tax, maintenance contributions, and agent commissions typically range from 2.5% to 3.2%, requiring investors to assess whether this return justifies capital deployment relative to alternative fixed-income or equity exposures. The MRT proximity significantly enhances rental demand and pricing power, as working professionals prioritise transport accessibility, making the Canberra Walk location a credible investment proposition for yield-focused buyers with a three-to-seven-year holding horizon.

How does the price per square foot at 109D Canberra Walk compare to recent transactions in the surrounding area?

Pricing at 109D Canberra Walk reflects competitive benchmarks within the Bukit Timah HDB resale market; at approximately S$700–S$750 per square foot for three-bedroom units, the development aligns closely with recent transaction data for comparable units in the immediate vicinity and wider district. Buyers should verify current psf transaction prices for similar three-bedroom units across neighbouring blocks such as other Canberra Walk addresses and proximate developments to ensure asking prices remain anchored to objective market evidence rather than aspirational vendor positioning. Properties further from MRT stations typically trade at discounts of 5% to 15% psf, whilst premium units on high floors with superior views command incremental pricing; the development's mid-range positioning reflects its solid but unremarkable locational and physical characteristics. Serious purchasers are advised to engage with recent transaction reports covering the past six to twelve months to validate current asking levels and identify negotiation opportunities where asking prices diverge materially from recent comparable sales.

What are the Additional Buyer's Stamp Duty implications if I am purchasing 109D Canberra Walk as a second residential property?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty at the rate of 20% of the purchase price, meaning a S$858,000 acquisition would attract ABSD of approximately S$171,600. This substantial charge materially affects total acquisition costs; when combined with standard buyer's stamp duty, legal fees, and agent commissions, total transaction costs for a second-property purchase at this price point typically approach 24% to 26% of the purchase price. First-time buyers benefit from ABSD exemption, making their net acquisition costs substantially lower at approximately 4% to 6%, a material difference that should inform tenure planning and sequencing decisions for purchasers targeting multiple properties. Prospective second-property buyers should factor the 20% ABSD into their financing calculations and total investment thesis; strategies such as holding the first property in a spouse's sole name may be considered, though this requires careful planning with qualified advisors to ensure compliance with HDB rules and tax legislation.

What lease decay risk should I consider, and how might it affect future resale value?

HDB resale units at 109D Canberra Walk typically feature either 99-year leasehold or freehold tenure; for 99-year leasehold units, remaining lease terms typically range from 65 to 99 years depending on the specific block and original acquisition date. Lease decay becomes materially relevant only when remaining tenure drops below approximately 50 years, at which point refinancing becomes problematic and resale demand narrows significantly; properties with fewer than 30 years remaining typically experience steep value erosion and severely restricted buyer pools. At the current development stage, most units retain adequate remaining tenure to support confident long-term ownership without immediate lease decay concerns; however, buyers should verify exact remaining lease for their specific unit and model forward-looking implications if considering multi-generational inheritance or extended holding periods. Freehold units avoid this consideration entirely and may command modest price premiums; prospective buyers should factor lease terms into their tenure planning, particularly those with ten-year or longer holding horizons, as HDB policy increasingly influences resale prospects for properties approaching the final decades of their lease terms.

How does proximity to Canberra MRT Station influence long-term demand and capital appreciation?

Proximity to MRT stations represents one of the most material value drivers within Singapore's residential property market, with units situated within 800 metres of major transport hubs consistently commanding resale premiums and demonstrating superior capital appreciation relative to comparable properties in MRT-distant locations. The ten-minute walk to Canberra MRT Station (NS12) anchors demand from commuters, professionals, and families prioritising transport convenience; this accessibility to the North–South Line's connectivity to the city centre and major employment nodes creates sustained absorption demand unlikely to diminish over multi-year holding periods. Historical evidence suggests HDB properties near MRT stations experience capital appreciation 1% to 2% higher annually relative to comparable units two to three kilometres distant from transport; over a decade-long holding period, this compounds into meaningful wealth accumulation. The MRT advantage insulates 109D Canberra Walk from localised supply-side competition, as properties further from Canberra Station necessarily compete in a materially broader and less price-competitive market segment; this scarcity value reinforces the development's stability as an investment vehicle and supports confidence in long-term resale liquidity.

Which buyer profiles—first-timers, upgraders, investors, high-net-worth individuals—best align with purchasing at 109D Canberra Walk?

First-time buyers benefit substantially from HDB resale properties at 109D Canberra Walk, particularly those seeking three-bedroom utility within an established neighbourhood without exposure to speculative new project risks; the ABSD exemption available to first-time purchasers materially enhances affordability relative to second-property acquisition at this price point. Upgraders transitioning from smaller two-bedroom units or private leasehold properties find the three-bedroom configuration and Bukit Timah maturity highly appealing, as they gain meaningful additional space and parking convenience whilst remaining within accessible price brackets; this segment typically comprises the largest buyer cohort in the mid-range HDB resale market. Investors assessing the development as a rental asset appreciate the MRT proximity and consequent leasing demand, though the 3% to 4% gross yield requires acceptance of moderate return profiles and longer holding horizons compared to higher-yield alternative investments; such purchasers should model scenarios with both owner-occupancy contingencies and rental tenancy assumptions. High-net-worth individuals and portfolio investors typically prioritise larger-scale acquisitions or private-sector assets; however, occasional HNW purchasers approach HDB properties as yield-diversified or discretionary additions within broader property portfolios, viewing the Bukit Timah location and transport connectivity as credible value propositions despite the modest absolute price point.

What TDSR and financing headroom considerations apply at typical purchase prices for this development?

Prospective buyers financing a purchase at approximately S$858,000 should anticipate monthly mortgage repayments in the region of S$4,200–S$5,200 (depending on loan-to-value ratio, tenure, and prevailing interest rates), necessitating documented gross household income of approximately S$7,000–S$9,000 monthly to remain comfortably within the 60% Total Debt Service Ratio ceiling. HDB loans typically feature longer tenures (up to 35 years for younger borrowers) and concessional interest rates relative to private-sector financing, reducing monthly obligations compared to equivalent private mortgages and enhancing affordability for borrowers with modest incomes. The TDSR framework accounts for all existing debt obligations (credit cards, vehicle loans, other mortgages), meaning buyers with existing liabilities must adjust expected borrowing capacity downwards; a buyer with S$1,500 in monthly non-mortgage commitments facing a S$7,000 gross income would have only S$2,700 available for mortgage servicing (60% of S$7,000 minus the S$1,500 existing obligation). First-time buyers benefit from modestly relaxed TDSR treatment and exemption from ABSD, whilst second-property purchasers must incorporate the 20% ABSD charge into down-payment requirements and overall financing headroom; prudent financial planning requires stress-testing scenarios with interest rates 1% to 2% higher than prevailing levels to validate robustness against rate-rise cycles.

How does 109D Canberra Walk compare to nearby competing HDB developments and private housing alternatives?

Within the Bukit Timah HDB resale segment, 109D Canberra Walk competes against comparable blocks within the Canberra Walk precinct and nearby developments such as those in adjacent planning zones; price positioning remains broadly competitive, with three-bedroom units trading within a narrow band (typically ±3% to 5%) across these competing addresses. The development's MRT proximity provides competitive advantage over HDB blocks located two to three kilometres from Canberra Station, where price discounts of 5% to 12% typically emerge; this scarcity value of near-MRT HDB properties creates structural support for pricing at 109D Canberra Walk relative to more distant alternatives. Private condominium alternatives in Bukit Timah (such as established developments in the neighbourhood) command substantially higher absolute prices (typically S$1.2 million to S$2.0 million for three-bedroom units) and monthly maintenance charges around S$400–S$600; buyers choosing HDB resale properties accept modest finishes and maintenance responsibility in exchange for 40% to 60% price reduction. For budget-constrained upgraders and first-timers, HDB resale at 109D Canberra Walk offers superior value relative to private alternatives, whilst affluent downsizers from private properties sometimes reverse-transition to HDB given the affordability and location stability; comparative market analysis suggests the development maintains balanced demand across these segments without excessive reliance on any single buyer cohort.

Are there preferred unit stacks or floor levels that offer superior value for money?

Mid-level units (typically floors three to six within HDB developments) offer optimal value-for-money propositions, balancing the pricing premium commanded by higher floors against the practical limitations of ground-level exposure to humidity, noise, and reduced privacy. Lower-floor units (ground to second storey) typically attract 5% to 10% price discounts relative to mid-level equivalents, reflecting buyer preference for elevation and reduced noise exposure; these discounted units merit consideration for value-conscious purchasers accepting minor livability compromises in exchange for material cost savings. Higher-floor units (seventh floor and above, where available) command premiums of 5% to 15% over mid-floor equivalents, justified by superior views, natural light, and reduced noise penetration; these premiums are defensible for buyers prioritising lifestyle amenities, though they materially impact net yield for investor-purchasers. Unit stack positioning relative to adjacent blocks and community facilities warrants consideration; units facing quieter, interior-oriented directions typically command premiums relative to those with exposure to main roads or overhead transport infrastructure. Serious purchasers should inspect multiple units across different floors and aspects to identify personal preferences; the three-bedroom configuration is sufficiently common that multiple options typically exist, enabling selective purchase of units offering superior value relative to immediate asking benchmarks without material compromise on essential livability factors.

What is the future supply pipeline for the Bukit Timah district, and how might it affect property values?

The Bukit Timah planning area shows limited large-scale HDB development or redevelopment initiatives on the near-term horizon (five to ten years), suggesting supply constraints will remain relatively tight and supportive of gradual capital appreciation rather than downward price pressure from oversupply cycles. The Housing Development Board's evolution towards rejuvenation of existing estates through targeted upgrading programmes (such as the HDB Improvement Programme) rather than wholesale redevelopment means mature properties like those at 109D Canberra Walk benefit from incremental infrastructure improvements without accompanying speculative volatility or displacement risk. Private development in the surrounding district remains constrained by land scarcity and planning restrictions; no major new private housing projects in the immediate vicinity threaten to undermine HDB resale property valuations through alternative supply emergence. The district's positioning as an established residential neighbourhood with mature infrastructure suggests policy focus will remain on maintenance and modest enhancement rather than transformative regeneration; this measured approach to long-term district evolution supports stable, predictable property dynamics and confidence in capital preservation over multi-year holding periods. Prospective buyers should monitor HDB policy announcements and district-level planning updates, but the absence of disruptive supply-side initiatives suggests Bukit Timah HDB properties will continue benefiting from the structural undersupply of MRT-proximate residential stock within Singapore's constrained geography.

[For Sale] Hdb Flat At 109D Canberra Walk — From S$858K