Type

Units

Min Area

Price Range

3 BR

635 sqft

S$3,600/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$3,600.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$720 on this acquisition.
Located 6 min (470 m) from EW15 Tanjong Pagar 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.

5 Tanjong Pagar Plaza: Urban Living in Singapore's Premier Business Hub

5 Tanjong Pagar Plaza stands as an established residential development within one of Singapore's most vibrant and economically significant districts. Situated at the intersection of urban convenience and professional opportunity, this HDB project has become synonymous with accessible city living for professionals, families, and investors seeking proximity to the central business core without compromising on residential quality.

The development's positioning within Tanjong Pagar represents a strategic advantage for residents who value the seamless blend of work and lifestyle accessibility. The neighbourhood has evolved considerably over the decades, transforming from a predominantly industrial precinct into a mixed-use urban village characterised by heritage shophouses, contemporary office towers, and revitalised recreational spaces. This transformation has substantially enhanced the appeal and long-term viability of residential properties in the immediate vicinity.

Strategic Location and Transport Connectivity

The property's proximity to Tanjong Pagar MRT station on the East-West Line provides residents with comprehensive access to Singapore's wider transport network. Located approximately six minutes' walk from the station, the development benefits from direct connectivity to major employment hubs, educational institutions, and recreational destinations across the island. The East-West Line's extensive coverage ensures that commuting times to peripheral areas remain predictable and manageable, a critical consideration for working professionals and families with dispersed daily commitments.

Beyond rail connectivity, the district offers excellent bus services operated through multiple routes, providing additional flexibility for residents who prefer alternative transport modes. The proximity to arterial roads including New Bridge Road and Eu Tong Sen Street facilitates easy vehicular access to other parts of the central area and beyond, supporting both private vehicle owners and those utilising ride-sharing services.

Neighbourhood Character and Amenities

Tanjong Pagar has undergone significant rejuvenation, particularly through initiatives that have preserved its architectural heritage whilst introducing contemporary dining, entertainment, and retail offerings. Residents of the development enjoy immediate access to an extensive range of restaurants, cafés, and food establishments that reflect the neighbourhood's multicultural character and cosmopolitan appeal. The area has become particularly known for its vibrant nightlife and weekend social scene, attracting professionals and visitors from across the island.

The district's amenity landscape extends to health and wellness facilities, with multiple medical clinics and dental practices located within convenient reach. Retail shopping is well-catered for through both traditional shophouses and modern retail establishments, whilst the proximity to the Singapore River promenade offers residents access to recreational walking routes and open public spaces. For families with children, the neighbourhood provides reasonable access to primary schools and educational facilities, though commute distances to some secondary institutions may require consideration.

Unit Composition and Market Diversity

The development comprises a diverse range of unit configurations designed to accommodate different household structures and lifestyle preferences. The mixture of bedroom types ensures that the project appeals to a broad spectrum of buyers and renters, from young professionals seeking efficient studio or one-bedroom arrangements through to established families requiring three or four-bedroom units. This compositional diversity supports sustained tenant demand and rental liquidity, important considerations for investors evaluating long-term holding strategies.

Typical unit sizes range across the standard HDB spectrum, with floor areas accommodating between 500 and 700 square feet depending on bedroom configuration. This sizing approach represents an efficient use of urban space, particularly suited to Singapore's compact living environment and the premium value associated with central-area residential real estate. The finishes and maintenance standards across the development reflect the age and maintenance regimes typical of HDB properties in prime locations.

Investment Potential and Capital Appreciation Drivers

The development's position within Tanjong Pagar positions it favourably for long-term capital appreciation driven by several structural factors. The scarcity of new HDB supply within or adjacent to the central business district means that existing stock, particularly well-maintained units in established developments, commands sustained demand from both owner-occupiers and investors. The neighbourhood's ongoing transformation and economic significance provide confidence in the resilience of asset values across economic cycles.

Rental yields within the development remain competitive relative to outer suburban alternatives, supported by the consistent demand from expatriates, young professionals, and corporate housing seekers who prioritise central location and transport access over maximum space. Investors evaluating properties within the development should factor rental market dynamics within the central area, where supply constraints and sustained demand from specific tenant segments continue to support achievable rental rates.

Lease Tenure and Property Structure

As an established HDB development, units within 5 Tanjong Pagar Plaza are subject to standard HDB lease terms. The 99-year lease structure, common across the HDB portfolio, means that buyers should remain cognisant of lease decay dynamics, particularly as the development matures further. Lease duration represents a material factor in resale value and financing availability, with buyers and mortgage lenders maintaining heightened scrutiny as properties approach the 60-70 year mark of their lease term.

The development's establishment status means that many units have experienced significant tenure depletion relative to their original lease commencement. Prospective buyers should conduct detailed lease analysis prior to transaction commitment, understanding both the remaining tenure at acquisition and the potential trajectory of property values as additional lease decay occurs. This consideration applies with particular force to investors evaluating long-term holding periods or younger family units seeking owner-occupier security.

Market Context and Competitive Positioning

Within the broader central area HDB market, 5 Tanjong Pagar Plaza competes against limited alternative supply, as new HDB developments within or immediately adjacent to the central business district remain exceptionally rare. This supply constraint supports the relative stability of property values within the development, though buyers should remain aware that outer-ring HDB developments with newer specifications and longer lease tenures may offer superior value propositions for certain buyer segments, particularly families with extended ownership time horizons.

The development's strength lies in its unambiguous location advantage, proximity to transport, and established amenity ecosystem. These factors combine to create compelling appeal for owner-occupier professionals and investors with clear investment parameters around central-location residential assets, notwithstanding any limitations associated with lease tenure or unit specifications relative to more contemporary developments.

5 Tanjong Pagar Plaza thus represents a mature, well-established residential proposition within Singapore's most economically significant district, offering accessibility, connectivity, and location premium to buyers and renters willing to prioritise these factors within their residential decision-making frameworks.

Frequently Asked Questions

What rental yield can investors realistically expect from units at 5 Tanjong Pagar Plaza?

Rental yields within this central-area HDB development typically range between 3% and 5% gross depending on unit configuration, exact lease remaining, and current market rental rates for comparable properties in Tanjong Pagar. The development's proximity to the MRT station and position within the central business district support consistent tenant demand from expatriates, young professionals, and corporate housing seekers, which underpins achievable rental rates. However, investors must account for HDB regulations governing rental periods, property tax, maintenance contributions, and lease tenure decay, all of which materially affect net yield calculations. The development's maturity and central location mean that tenant turnover is generally manageable, though investors should remain cognisant that lease-constrained units may experience rental rate compression as tenure depletes further.

How do current price per square foot levels at 5 Tanjong Pagar Plaza compare to recent transactions in the Tanjong Pagar area?

Central-area HDB properties, particularly those within the Tanjong Pagar neighbourhood, command psf pricing at a substantial premium to outer-ring developments, typically ranging between S$5,500 and S$7,500 depending on lease remaining, unit condition, and specific floor location. Recent transactions within comparable central HDB developments have reflected sustained pricing resilience, driven by the scarcity of new supply and consistent buyer demand for properties offering unambiguous MRT accessibility and business district proximity. The development's age means that lease-constrained units trade at lower psf levels than newer peripheral developments with longer tenures, though the location premium often offsetts this differential for buyers prioritising accessibility and urban convenience. Prospective buyers should conduct detailed comparable transaction analysis with professional agents familiar with the central-area HDB market to establish realistic pricing expectations for their specific configuration and lease profile.

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

Singapore Citizens acquiring a second residential property, including units within 5 Tanjong Pagar Plaza, are liable for Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price. This represents a material transaction cost that significantly impacts acquisition economics and must be incorporated into any investment thesis or purchase affordability calculation. For example, purchasing a unit valued at S$400,000 would incur ABSD of S$80,000, substantially increasing total acquisition costs beyond the base purchase price and standard stamp duty. First-time property buyers acquiring their primary residence are exempt from ABSD, whilst Singapore Permanent Residents and foreigners face different duty regimes. Buyers in this position should engage professional tax and legal advisors to fully understand ABSD implications and explore any legitimate planning strategies to optimise the transaction structure.

How does the remaining lease tenure affect property values and resale prospects at 5 Tanjong Pagar Plaza?

As an established HDB development, many units at 5 Tanjong Pagar Plaza have already experienced significant tenure depletion, which materially impacts both current resale values and long-term appreciation prospects. Properties approaching 60 years remaining on their original 99-year lease face increasingly steep value discounts and financing constraints, as both buyer demand and mortgage lender appetite diminish substantially. The development's maturity means that lease decay represents an ongoing headwind for owner-occupier sellers and investors alike, with resale values tracking downward trajectories as tenure depletes. Prospective buyers should scrutinise the remaining lease term on any specific unit under consideration and model future value trajectories under different scenarios, recognising that some units may approach below-market financing thresholds within 15-20 year timeframes. This lease tenure dynamic ultimately favours newer developments with 99-year leases commenced more recently, though the Tanjong Pagar location premium may partially offset this tenure disadvantage for certain buyer segments.

How does proximity to Tanjong Pagar MRT station influence long-term demand and capital appreciation?

The development's location within six minutes' walk of Tanjong Pagar MRT station on the East-West Line represents a fundamental value driver supporting both sustained rental demand and capital appreciation resilience. MRT accessibility constitutes one of the primary determinants of HDB property values across Singapore's market, and the East-West Line's extensive coverage across the island ensures that properties at this development remain attractive to commuters regardless of employer location. The station's position within the central business district means that morning and evening service frequencies remain high, supporting convenient commute times for working professionals. Historical evidence demonstrates that central-area HDB properties with unambiguous MRT accessibility maintain value more resilently than comparable properties further from transport nodes, even as lease tenure depletes. The development's advantage in this respect is partially offset by the competing appeal of newer non-central HDB developments with longer leases, though investors and owner-occupiers prioritising transport accessibility continue to demonstrate significant preference for central-area options.

Which buyer profiles are best suited to purchasing at 5 Tanjong Pagar Plaza?

The development appeals strongly to three distinct buyer cohorts: young professionals and couples prioritising central location and transport accessibility for employment convenience, established investors seeking stable rental yields from central-area HDB assets with scarcity value, and upgraders downsizing from landed properties who value urban walkability and reduced commute times. High-net-worth individuals may find the development attractive as a diversification asset within a broader property portfolio, though they typically represent a smaller proportion of buyer volume. First-time buyers entering the HDB market should carefully evaluate lease tenure implications, as properties with significantly depleted tenures may present financing challenges and uncertain long-term appreciation prospects. International expatriates and corporate housing seekers represent important tenant segments, supporting rental market fundamentals for investor-focused purchasers. The development's mature status and location positioning mean that it attracts buyers with clearly defined priorities around central accessibility over maximum space or contemporary finishes, making buyer-type alignment a critical success factor for transaction completion.

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

Total Debt Servicing Ratio (TDSR) regulations, currently capped at 55% for most borrowers, significantly constrain financing capacity at central-area property prices. A property valued at S$450,000 with a 90% LTV mortgage (S$405,000 loan) at prevailing interest rates of approximately 4.5% generates monthly servicing obligations of roughly S$2,050, requiring household gross monthly income of approximately S$4,700 to satisfy TDSR requirements at maximum leverage. Many buyers, particularly first-time purchasers and upgraders, find that TDSR constraints limit loan capacity more restrictively than LTV percentages, requiring substantially larger cash downpayments than the standard 10% minimum. The development's central location and unit types mean that typical price points align most closely with owner-occupier demand from dual-income professional households or investors with existing serviceability capacity. Prospective buyers should engage mortgage brokers or bank advisors early in the purchase process to establish precise financing headroom at their specific price point, recognising that TDSR calculations incorporate all existing debt obligations and may substantially constrain borrowing capacity relative to buyer expectations.

How does 5 Tanjong Pagar Plaza compare to competing central-area HDB developments?

The development competes within an exceptionally limited central-area HDB supply pool, with genuinely comparable alternatives including only a handful of other established projects within the central business district and immediate surrounds. Properties such as those in nearby Pinnacle@Duxton or other central developments offer similar location advantages but typically command comparable or premium pricing due to their slightly newer specifications or, in some cases, marginally improved lease profiles. The scarcity of new HDB construction within the central area means that 5 Tanjong Pagar Plaza's primary competition comes from non-HDB residential options (private condominiums, landed properties) rather than alternative HDB developments, which fundamentally constrains buyer comparison sets. Relative to outer-ring HDB developments offering new construction or significantly longer leases, this development sacrifices some specifications and tenure in exchange for unambiguous central location and transport access. For buyers whose priorities centre on MRT accessibility and business district proximity, the development's competitive position remains strong despite its maturity, though buyers with extended time horizons might evaluate outer-ring alternatives offering superior lease profiles.

Are specific floor levels or unit stacks within the development better positioned for value and appreciation?

Within the development, units positioned on mid-to-upper floors typically command modest psf premiums relative to ground-floor or lower-level equivalents, reflecting buyer preferences for elevated positioning, reduced street noise, and improved natural light characteristics. Corner units and those offering better sightlines or aspect tend to attract premium pricing relative to comparable internal units, though the premium magnitude varies based on specific floor levels and unit configurations. Mid-range floors (typically 8-15 storeys in HDB developments of this vintage) often represent optimal value positioning, offering elevation benefits without the extreme premiums associated with top-floor or penthouse-equivalent units. For investors, mid-level units often balance rental marketability with acquisition costs, as tenants seeking HDB rental accommodation typically prioritise affordability over extreme floor positioning. The development's maturity means that unit selection increasingly hinges on condition, renovation status, and lease remaining rather than purely positional factors, as these variables substantially outweigh floor-level considerations in determining long-term value trajectories. Prospective buyers should evaluate each potential purchase on its individual merits rather than relying on generalised floor-level assumptions.

What future supply pipeline developments might affect demand and values at 5 Tanjong Pagar Plaza?

The central business district's mature development status and land scarcity constraints mean that new HDB construction remains exceptionally unlikely within or immediately adjacent to the Tanjong Pagar neighbourhood, supporting the scarcity value of existing stock at this development. However, ongoing residential development within the broader central region, particularly around future MRT station expansions or urban renewal initiatives, could incrementally affect demand dynamics and pricing trajectories for central-area properties. Private condominium development and mixed-use regeneration projects continue to reshape the district's character, potentially introducing competing residential options that may fragment previously consolidated buyer demand. The Housing and Development Board's strategic planning priorities emphasise peripheral and new town development rather than central-area infill, suggesting that direct competitive supply threats to 5 Tanjong Pagar Plaza remain minimal. Long-term factors such as evolving work patterns (hybrid employment, remote work arrangements) may alter central-area residential demand dynamics, potentially affecting both owner-occupier and investor interest. Prospective buyers should remain cognisant of broader district planning trajectories and economic trends influencing central-area residential demand, though the development's mature status and location fundamentals suggest resilience to supply-side competition within the foreseeable future.

[For Rent] Hdb Flat At Tanjong Pagar Plaza — From S$3,600