Type

Units

Min Area

Price Range

3 BR

1001 sqft

S$960K – S$1M

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$960K to S$1M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$192K on this acquisition.
Located 10 min (860 m) from CC27 Labrador Park 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.

93B Telok Blangah Street 31: HDB Living in a Prime South Singapore Location

93B Telok Blangah Street 31 represents a well-positioned residential offering in one of Singapore's most mature and desirable HDB estates. Situated within the Telok Blangah neighbourhood, this development provides a compelling combination of accessibility, established community infrastructure, and strategic positioning that has long attracted both owner-occupiers and investment-minded buyers to the precinct.

The address itself sits in a neighbourhood characterised by solid urban planning and proximity to key amenities. The surrounding area has benefited from decades of community development, creating a stable, well-serviced residential environment. Residents enjoy the convenience of an established retail and dining scene, whilst the broader South Singapore location ensures straightforward access to the wider island via major arterial roads and public transport connections.

Transport Connectivity and MRT Access

One of the defining advantages of this location is its positioning relative to Labrador Park MRT Station, which lies approximately 860 metres away—roughly a ten-minute walk or short drive. The MRT station serves the Circle Line, a crucial connectivity artery that links residents directly to the Central Business District and other major employment hubs across Singapore. This accessibility has historically underpinned steady capital growth and rental demand in the precinct, as professionals and families value the time savings and convenience of direct rail access.

The walkability to the station means that commuters benefit from reliable, all-weather transport without the need for private vehicle ownership—a consideration that increasingly influences buyer decisions across Singapore's HDB market. The presence of secure, well-lit pedestrian pathways and the maturity of the surrounding infrastructure further reinforce the appeal for those prioritising easy access to their workplaces and the broader island.

Unit Offerings and Residential Configuration

Current stock at the development comprises spacious three-bedroom configurations measuring approximately 1,001 square feet, designed to accommodate growing families and those seeking generous living spaces. These layouts represent a practical middle ground in the HDB market—larger than compact two-bedroom units but more manageable than sprawling four-room offerings, making them particularly attractive to upgraders transitioning from smaller flats and first-time buyers entering the market with family expansion in mind.

The inclusion of two bathrooms reflects modern expectations for household convenience and is increasingly valued by both occupiers and tenants. The overall floor area provides sufficient room for flexible furnishing and contemporary living standards, with layouts that typically separate sleeping quarters from common areas, supporting both family privacy and entertaining needs.

Pricing and Market Positioning

Asking prices at 93B Telok Blangah Street 31 begin from S$960,000, positioning the development within reach of established upgraders and first-time buyers with adequate financing capacity. For context, this per-square-foot valuation reflects the estate's maturity, established reputation, and the premium afforded by its proximity to transport infrastructure and established neighbourhood facilities. Comparative pricing against newer private condominiums or larger HDB developments in adjacent districts typically reveals favourable value metrics at this price point, particularly for those prioritising accessibility and proven community stability over contemporary design statements.

The pricing structure across available units remains aligned with recent transaction volumes in the Telok Blangah precinct, suggesting active market depth and consistent buyer interest. For investors, these price points generally support serviceable rental yields given the strong underlying demand for accommodation near Labrador Park MRT Station.

Investment Considerations and Rental Yield Potential

From an investment perspective, HDB flats in this location have demonstrated resilience through multiple market cycles, supported by the consistent demand for rental accommodation near major transport nodes. The three-bedroom configuration appeals to a broad tenant base including young families, multinational professionals, and expatriate households—all cohorts drawn to the precinct's accessibility and established amenities.

Investors should factor in the Additional Buyer's Stamp Duty (ABSD) implications: Singapore Citizens purchasing this as a second residential property face a 20% ABSD on the purchase price, materially affecting acquisition costs and returns calculations. The upfront cost elevation necessitates careful financing and yield forecasting to ensure investment thesis sustainability. Nevertheless, the stable rental market in this neighbourhood has historically supported consistent occupancy and modest annual rent escalation, partially offsetting the higher acquisition burden.

Neighbourhood Character and Amenities

Telok Blangah has matured into a neighbourhood offering genuine lifestyle convenience beyond residential accommodation. The precinct hosts a range of shopping options, hawker centres delivering daily meal variety, and local medical facilities supporting ongoing healthcare needs. Proximity to Labrador Park itself provides recreational respite and outdoor leisure opportunities—a tangible quality-of-life benefit for families and those valuing weekend recreation without extensive travel.

Schools serving the area benefit from established reputations and strong community engagement, making the locale particularly attractive to young family households. The neighbourhood's stability, combined with its convenience infrastructure, creates a self-reinforcing appeal that has supported sustained property values across the broader estate.

Lease Tenure and Long-term Viability

As an HDB holding, this development operates under standard Housing and Development Board tenure frameworks. The lease profile of units available will determine long-term financing and resale eligibility—a critical factor for buyers with extended ownership horizons. HDB flats typically carry 99-year leases from the original date of completion, and lease decay begins materially affecting resale value and financing eligibility once the remaining tenure falls below 80 years. Prospective buyers should verify the exact lease commencement date and remaining term before committing to purchase, as this directly influences both financing capacity from banks and future marketability.

Buyer Profiles and Suitability

The development appeals across multiple buyer segments: first-time buyers seeking entry into the ownership market benefit from the relative affordability and established neighbourhood; upgraders moving from two-bedroom flats find the additional space and bathroom convenience compelling; and investors identify the rental yield potential and location-driven demand stability. Owner-occupiers with families particularly value the balance between space, transport access, and established schools in the immediate catchment.

The pricing and configuration make the development accessible to those with moderate to strong financing capacity, though buyers should assess their Total Debt Servicing Ratio (TDSR) headroom carefully at current interest rate environments to ensure comfortable mortgage serviceability over the full loan term.

Market Outlook and Competitive Positioning

Within the broader South Singapore HDB market, 93B Telok Blangah Street 31 maintains competitive positioning relative to similar-vintage developments in adjacent districts. The proximity to Labrador Park MRT Station continues to underpin demand, and the established nature of the estate provides the stability that increasingly differentiates mature neighbourhoods from newer developments. As Singapore's housing market evolves, the accessibility and proven livability of established precincts like Telok Blangah remain attractive to a broad cross-section of buyers.

Frequently Asked Questions

What rental yield can an investor realistically expect from purchasing a unit at 93B Telok Blangah Street 31?

Based on prevailing rental rates for three-bedroom HDB flats in the Telok Blangah precinct, investors can typically expect annual gross rental yields of 3.5% to 4.5%, depending on exact unit location, floor level, and market conditions at the time of letting. The proximity to Labrador Park MRT Station commands a rental premium given strong demand from professionals and families prioritising transport access, supporting consistent occupancy rates across similar developments. However, investors must factor in the 20% Additional Buyer's Stamp Duty (ABSD) payable on acquisition as a Singapore Citizen's second property—this S$192,000 additional cost on a S$960,000 purchase materially affects the investment returns timeline and requires careful TDSR headroom assessment before commitment. The stable, established nature of the Telok Blangah precinct has historically supported gradual rental growth, typically outpacing inflation and compensating for the higher acquisition burden over a 10-to-15-year holding horizon.

How does the per-square-foot pricing at 93B Telok Blangah Street 31 compare to recent comparable transactions in the area?

The asking price of S$960,000 for a 1,001-square-foot unit translates to approximately S$959 per square foot, positioning the development competitively against recent three-bedroom HDB transactions in the broader Telok Blangah and adjacent South Singapore estates. Comparable sales in mature HDB estates with established MRT access typically range from S$850 to S$1,050 per square foot, depending on exact location proximity to the station, floor level, and unit condition. The development's pricing reflects the maturity of the estate, the proven desirability of the Labrador Park MRT proximity, and the established community infrastructure in the precinct—factors that consistently justify slight premiums over newer HDB developments in less established neighbourhoods. Buyers should compare this metric against specific recent arm's-length transactions within 500 metres of the development to establish genuine market relativity, as HDB pricing can vary significantly based on local micromarkets and recent activity levels.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing at 93B Telok Blangah Street 31 as a second residential property?

Singapore Citizens purchasing a second residential property at this development face an Additional Buyer's Stamp Duty of 20% on the purchase price. On a purchase price of S$960,000, this equates to S$192,000 in ABSD, payable on completion of the transaction alongside standard Buyer's Stamp Duty and legal fees. This significant acquisition cost must be factored into total funding requirements and directly reduces the capital efficiency of the investment or owner-occupier purchase decision. Buyers should engage a tax advisor or property lawyer to verify their exact ABSD liability based on their residential property ownership history, as the 20% rate applies only to Singapore Citizen second-property purchases; permanent residents and foreigners face different rates. The ABSD burden necessitates careful financing planning to ensure adequate liquidity and mortgage servicing capacity, particularly for investors whose yield calculations must account for this elevated upfront cost impact on overall return profiles.

What lease decay risks should buyers consider, and how might remaining lease tenure affect future resale value and financing at 93B Telok Blangah Street 31?

As an HDB flat, units at this development carry fixed-term leases—typically 99 years from the original date of completion. Buyers must verify the exact lease commencement date to establish the remaining tenure at the point of purchase; financing institutions typically impose a maximum loan tenure of 30 to 35 years and require minimum remaining lease of 30 years at loan maturity, meaning properties with fewer than 60 to 65 years remaining tenure may encounter financing restrictions. Lease decay materially accelerates resale value erosion once the remaining tenure falls below 80 years, with market buyers becoming increasingly cautious about long-term livability and refinancing prospects. For units currently offering 75 years or more of remaining tenure, the impact remains manageable over a 20-to-30-year ownership horizon; however, properties approaching 70 years may face notably depressed capital value trajectories and reduced buyer pools. Prospective purchasers should obtain an official HDB lease statement from the seller before completion, as lease position is amongst the most critical determinants of future resale marketability and financing flexibility.

How does proximity to Labrador Park MRT Station affect property demand, capital appreciation potential, and tenant interest at 93B Telok Blangah Street 31?

Labrador Park MRT Station (CC27), situated approximately 860 metres from the development, provides direct access to the Circle Line—a critical commuter corridor linking South Singapore directly to the Central Business District, Marina Bay, and other major employment zones. This transport accessibility historically underpins above-average capital appreciation and rental demand relative to HDB developments lacking convenient MRT connectivity; estates within 800 metres of major stations typically experience 0.5% to 1.5% faster annual capital growth compared to car-dependent neighbourhoods. For tenants, the MRT proximity eliminates the necessity for private vehicle ownership and reduces total commuting costs, broadening the prospective tenant pool to international professionals, young families, and upgraders prioritising time savings and cost efficiency. The walkable distance to the station enhances everyday convenience for both occupiers and investors marketing rental units, as a ten-minute walk aligns with established pedestrian accessibility thresholds that support strong tenant demand. Future enhancements to the Circle Line or connections to additional MRT corridors would further amplify this demand advantage, making the MRT proximity a durable, long-term value driver for the development.

Which buyer profiles—first-timers, upgraders, high-net-worth individuals, or investors—find 93B Telok Blangah Street 31 most suitable?

First-time buyers with adequate financing capacity benefit substantially from this development, as the established neighbourhood offers proven stability, complete amenity infrastructure, and pricing within reach of younger property owners entering the market. Upgraders transitioning from two-bedroom flats discover the three-bedroom configuration and dual-bathroom layout particularly attractive, combining sufficient space for growing families with the neighbourhood's accessibility and mature community character. Investors identify compelling opportunities given the stable rental market near Labrador Park MRT, consistent tenant demand, and reasonable entry pricing despite the 20% ABSD acquisition burden. High-net-worth individuals seeking secondary residential investments or portfolio diversification typically find the pricing point modest relative to private property alternatives, though the HDB classification and lease tenure considerations may be less aligned with their usual acquisition profiles. Owner-occupiers with families benefit most from the combination of school accessibility, recreational amenities, and transport convenience, making this development particularly suited to households balancing lifestyle quality with practical access to employment and education facilities. The broad appeal across multiple buyer segments reflects the development's balanced positioning in the HDB market.

What are the TDSR (Total Debt Servicing Ratio) implications and financing headroom for a typical buyer at the S$960,000 price point at 93B Telok Blangah Street 31?

At the S$960,000 price point, a standard 80% loan-to-value financing arrangement requires approximately S$768,000 in mortgage borrowing, with banks typically offering 25-to-35-year loan tenures. At current interest rates hovering near 4% per annum, the monthly mortgage payment approximates S$3,700 to S$4,100, depending on exact tenure and rate assumptions. The TDSR threshold established by the Monetary Authority of Singapore (MAS) caps total monthly debt servicing at 60% of gross monthly income, meaning borrowers require approximately S$6,200 to S$6,800 in monthly gross income to comfortably support this mortgage whilst maintaining headroom for other obligations. First-time buyers and those with existing liabilities must carefully assess their financial position against these thresholds, particularly given the additional 20% ABSD payable upfront, which consumes approximately S$192,000 in liquid capital. Investors must structure their financing around projected rental income, which typically receives conservative treatment (50% to 75% of actual rent) by banks for debt servicing calculations. Professional financial or mortgage advisory guidance is prudent to ensure sustainable leverage and adequate cash reserves post-acquisition.

How does 93B Telok Blangah Street 31 compare to competing HDB developments in adjacent South Singapore districts in terms of value and amenities?

The development competes directly with mature HDB estates across Telok Blangah, Bukit Merah, and surrounding South Singapore precincts, with key differentiation points including MRT proximity, unit configuration, and pricing relativity. Comparable three-bedroom HDB developments in Bukit Merah typically command similar price ranges (S$950,000 to S$1,100,000) but may offer newer construction finishes or alternative floor plans; however, they occasionally sacrifice the established community character and proven amenity infrastructure present in Telok Blangah. Developments further from major MRT stations or in less mature precincts often trade at discounts of 5% to 10% per square foot, reflecting lower transport accessibility and emerging rather than established neighbourhood amenities. The Labrador Park MRT station proximity provides a demonstrable valuation premium relative to car-dependent estates, typically reflecting 8% to 12% capital value uplift across comparable configurations. Prospective buyers should conduct comparative showings and price-per-square-foot analysis across the broader South Singapore HDB market to establish genuine value positioning; the development's relative pricing fairness becomes apparent only through systematic comparison against specific competing estates with aligned configurations and transport metrics.

Which unit stack, floor level, or block position within 93B Telok Blangah Street 31 typically offers superior value and longer-term appreciation potential?

Mid-range floor levels (typically floors 4 to 15 in standard HDB blocks) historically command optimal value-to-amenity ratios, balancing adequate natural light and ventilation against reduced pricing premiums that higher floors command. Lower floor units (floors 1 to 3) often trade at modest discounts owing to perceived noise from ground-level activity and reduced privacy, making them attractive for buyers prioritising acquisition cost minimisation; however, resale velocity may be marginally slower. Higher floors (above floor 16) attract premiums of 3% to 8% per square foot, reflecting superior views and reduced noise exposure, though these premiums may compress as the building ages and neighbouring structures increase in height. Units facing away from major roads or with quieter aspect typically appreciate more steadily than those facing busy arterials, as the noise and air quality considerations increasingly influence buyer decisions across HDB market cycles. Units situated in the central or more accessible blocks within the development command stronger rental demand, as tenant logistics favour locations with clear pedestrian pathways to the nearest MRT station. Buyers should inspect specific units in situ to assess natural light, ventilation, view aspects, and proximity to lift access, as these tangible qualities often drive faster capital appreciation and rental uptake than unit numbers alone suggest.

What is the future supply pipeline in Telok Blangah and the broader South Singapore district, and how might new HDB or private developments affect 93B Telok Blangah Street 31's market positioning?

South Singapore's future supply pipeline remains modest relative to growth precincts in the north and east, reflecting land constraints in the mature southern sector and the established preference for greenfield development in expanding regions. The Housing and Development Board's recent five-year indicative plans show limited new HDB launches specifically targeting Telok Blangah or immediately adjacent areas, suggesting the precinct will retain its character as an established, supply-constrained neighbourhood for the foreseeable future. Any new private condominium developments in the broader South Singapore district could theoretically create competitive pressure for premium-segment buyers; however, new private projects typically target different buyer profiles and price points considerably above S$960,000, limiting direct competition at the HDB level. The scarcity of significant new supply in the southern sector actually supports the relative positioning of mature estates like Telok Blangah, as buyer demand consistently outstrips available inventory—a structural advantage supporting gradual capital appreciation and rental demand stability. Prospective buyers and investors should monitor HDB sales launches and Urban Redevelopment Authority (URA) land sales announcements for the district, though the likelihood of transformative new supply remains low given South Singapore's established, land-constrained development profile.

[For Sale] Hdb Flat At 93B Telok Blangah Street 31 — From S$960K