- HDB development with 1 unit currently available.
- Prices currently start from S$830K.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$166K on this acquisition.
- Located 5 min (420 m) from NE15 Buangkok MRT Station.
- 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.
Not enough recent transaction data to show a price trend for this flat type and town.
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273B Compassvale Link: A Mature Punggol HDB Development
Nestled in the heart of Punggol, 273B Compassvale Link represents a well-established public housing development offering three-bedroom and larger floor plans to owner-occupiers and investors alike. The estate benefits from decades of maturity, with a fully developed infrastructure that includes comprehensive retail, dining, and recreational facilities embedded throughout the neighbourhood. This is a location where families can expect reliable access to schools, healthcare, and community services without the disruption of ongoing major construction.
The development's positioning within Compassvale, one of Punggol's original residential clusters, means residents enjoy a sense of community stability combined with modern convenience. The immediate surroundings feature a mix of HDB blocks, with ground-floor shop units providing everyday essentials and dining options. The estate's tree-lined corridors and common spaces reflect the thoughtful urban planning that characterises mid-1990s to 2000s public housing development in Singapore, creating an environment that feels established yet continuously refreshed through upgrading initiatives.
Proximity to Buangkok MRT and Transport Connectivity
One of the most compelling advantages of 273B Compassvale Link is its location approximately five minutes' walk from Buangkok MRT Station (NE15), situated on the North-East Line. This station serves as a major interchange point for commuters traversing Singapore's north-eastern corridor, with direct access to central business districts, educational institutions, and employment hubs across the island. The station's integration into Singapore's rapid transit network means that residents can reach Marina Bay in under 30 minutes during off-peak hours and access multiple transport options without reliance on private vehicles.
The North-East Line itself has become increasingly important to Singapore's transport strategy, with extensions and service improvements planned for the coming years. Proximity to Buangkok provides residents with exceptional travel flexibility, whether commuting to work in the CBD, accessing Changi Airport via the airport link, or travelling to leisure and entertainment districts across the island. For investors, this strong MRT connectivity historically translates into sustained rental demand, as tenants actively seek locations that minimise commute times and offer flexibility in employment location choices.
HDB Unit Specifications and Space Planning
Units within the development range across multiple bedroom configurations, with three-bedroom floor plans being prominently available. The typical unit layout provides approximately 969 square feet, a spacious footprint that allows for comfortable living arrangements with separate living, dining, and sleeping zones. Two-bathroom configurations ensure that multiple occupants can move through their morning routines without conflict, a practical consideration for families with teenagers or multigenerational households. The floor plans reflect HDB's attention to natural lighting and ventilation, with unit orientations designed to maximise cross-breeze and minimise reliance on air conditioning during Singapore's cooler months.
The built-in storage solutions and kitchen design within these units follow contemporary public housing standards, providing adequate workspace for meal preparation whilst maintaining an open feel to the overall living environment. Balconies, where present, offer outdoor space for drying laundry, growing plants, or simply enjoying ventilation and light. The unit specifications are well-suited to the target demographic of upgraders transitioning from smaller two-bedroom flats or young families establishing their first permanent residence in a well-serviced neighbourhood.
Investment Potential and Rental Yield Considerations
For investors evaluating 273B Compassvale Link as a rental asset, the development's maturity and MRT proximity create a compelling value proposition. HDB rental markets in the North-East region have demonstrated steady demand, particularly from young professionals, expatriate workers, and families seeking affordable, well-maintained accommodation near major transport hubs. The Punggol estate, with its established reputation and ongoing government investment in precinct upgrading, attracts a consistent pool of rental seekers who prioritise location and transport convenience over new-build appeal.
Rental yields on HDB properties in mature, MRT-adjacent locations typically range between 3.5% and 4.5% gross per annum, depending on unit size, floor level, and specific configuration. A property at 273B Compassvale Link, given its proximity to Buangkok MRT and the established demand profile for Punggol rentals, would be expected to fall within this range. The rental market for three-bedroom HDB units remains particularly robust, as such configurations appeal to both multigenerational households and groups of young professionals sharing accommodation. Investors should also consider that HDB units typically command rental premiums in areas with strong transport links, as tenants are willing to pay more for locations that reduce their commute burden and expand their employment opportunities across Singapore.
Pricing and Market Position
The development's pricing reflects the balance between HDB affordability and Punggol's mature, well-serviced characteristics. Current units are listed from approximately S$830,000, positioning the property competitively within the North-East HDB market. This price point reflects the development's age, its strong MRT connectivity, and the established nature of the Compassvale precinct. Compared to newer HDB projects in more peripheral locations, 273B Compassvale Link commands a modest premium attributable directly to its transport advantage and neighbourhood maturity.
When evaluated on a per-square-foot basis, properties at this location typically trade between S$850 and S$900 per square foot, depending on floor level, unit orientation, and recent renovation standards. This pricing sits comfortably within the historical range for Punggol HDB transactions and reflects the incremental value that MRT proximity confers on properties across Singapore's public housing market. First-time buyers and upgraders should note that the price point is sufficiently moderate to allow for financing through CPF and mortgage facilities without excessive leverage, whilst still capturing the location benefits of direct MRT access.
Neighbourhood Facilities and Lifestyle
The Compassvale estate encompasses a comprehensive range of facilities designed to support daily living without residents needing to venture to distant commercial centres. Ground-floor shop units throughout the development provide provision stores, hawker centres, beauty services, and medical clinics, creating a mixed-use environment that feels vibrant and purposeful. The estate's market has long served as a gathering point for residents, particularly older adults and parents with young children, reinforcing the community aspect of living within established HDB neighbourhoods.
Schools within and immediately adjacent to the precinct include Punggol Primary School and multiple secondary institutions, making the location particularly attractive to families with children. The proximity to Punggol Marina, a waterfront recreation area developed by government initiatives, adds a leisure dimension to the neighbourhood. Residents can access green space, jogging tracks, and waterside dining venues without extended travel, supporting an active and socially connected lifestyle. The combination of these amenities means that residents of 273B Compassvale Link are choosing not simply a residential unit, but entry into an established and well-rounded community ecosystem.
Considerations for Potential Buyers
First-time buyers considering 273B Compassvale Link should recognise that HDB properties are subject to specific restrictions on eligibility and mortgage terms. Singapore Citizens and Permanent Residents must meet housing eligibility criteria, and CPF funds can be utilised for purchase only within prescribed limits. The property's price point sits comfortably within typical financing capacity for dual-income households in Singapore, with most commercial banks willing to extend mortgage facilities to well-qualified applicants at loan-to-value ratios of 75–80%. Debt servicing ratio considerations are typically unproblematic at this price point for employed buyers with stable income profiles.
Upgraders transitioning from smaller HDB units will find that the three-bedroom configuration provides a meaningful step up in living space, with the additional room accommodating home offices, study spaces, or guest sleeping areas—considerations that became particularly important for many households during periods of remote working. The MRT proximity also appeals strongly to upgraders who have experienced lengthy commutes during their earlier housing tenures and prioritise transport convenience. Second property buyers should be aware that Additional Buyer's Stamp Duty at the rate of 20% applies to HDB purchases that constitute a second residential property by a Singapore Citizen, a cost that must be factored into the total acquisition expense.
For investors, the combination of mature neighbourhood credentials, established rental demand, and strong transport infrastructure makes 273B Compassvale Link an attractive option within the HDB investment landscape. The development's age also means that it has weathered multiple property cycles, providing historical data on price stability and rental absorption that can inform investment decisions. Prospective investor-landlords should budget for ongoing maintenance and potential upgrading costs, though HDB flats typically require lower capital expenditure than private residential properties given their simpler finishes and standardised engineering systems.
Future Considerations and Long-Term Value
The North-East region of Singapore continues to receive government investment in transport, commercial, and recreational infrastructure. Announcements regarding the North-East Line's future extension and the broader rejuvenation of Punggol precinct suggest that the district will maintain its position as a valued residential location with strong connectivity. The lease duration of HDB properties, whether 99-year or 999-year depending on the specific allocation, should be clarified with relevant authorities; however, the government's track record of supporting HDB preservation and maintenance programmes indicates that lease decay is not a pressing concern for properties within the current development cycle.
Capital appreciation in mature HDB estates typically follows a measured trajectory, with properties capturing incremental gains aligned to broader market conditions and estate-wide upgrading initiatives. The introduction of new commercial or transport infrastructure in adjacent areas can confer unexpected appreciation, though such developments are difficult to predict precisely. Buyers should approach 273B Compassvale Link as a medium to long-term holding, where the primary value proposition rests on transport convenience, neighbourhood stability, and affordability rather than speculative capital growth.