Type

Units

Min Area

Price Range

3 BR

1023 sqft

S$1.1M

Type

Units

Min Area

Price Range

Other

120 sqft

S$1,450/mo – S$4,700/mo

Property Highlights

HDB development with 3 units currently available.
Prices currently range from S$1,450 to S$1.1M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$290 on this acquisition.
33% of current units are for sale, from S$1.1M; 67% are for rent, from S$1,450/mo.
Located 14 min (1.14 km) from CC23 One-North 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.

28C Dover Crescent: HDB Living in Singapore's Innovation Hub

28C Dover Crescent stands as an established public housing development in one of Singapore's most dynamic neighbourhoods. Situated in the Buona Vista precinct, this HDB project benefits from proximity to the One-North MRT station, placing residents within a 14-minute walk of the bustling CC23 interchange. The development serves as an ideal base for professionals, upgraders, and investors seeking well-connected suburban living with straightforward access to employment centres and lifestyle amenities across the island.

The location itself represents a carefully considered balance between residential tranquility and urban convenience. One-North has emerged as Singapore's premier innovation and technology corridor, home to major multinational companies, research institutions, and creative industries. This economic vitality translates into sustained demand for housing in the surrounding area, supporting both rental yields and long-term capital appreciation for property owners. Residents enjoy the advantage of living within a thriving precinct without sacrificing the relative calm of an established HDB estate.

Connectivity and Transport Access

The proximity to CC23 One-North MRT station fundamentally shapes the appeal of 28C Dover Crescent for daily commuters and investors. The Circle Line provides seamless connectivity to Dhoby Ghaut, Marina Bay, and the eastern zones of Singapore, while interchange opportunities enable quick transfers to other lines. For professionals working within the one-north cluster itself, the estate offers exceptional convenience; many can cycle or walk to their offices within minutes. This superior transport positioning has historically supported both higher rental demand and stronger capital value retention compared to estates further from MRT nodes.

Beyond MRT access, the development benefits from bus services linking Dover Crescent to neighbouring districts, ensuring that residents with alternative commuting preferences enjoy multiple options. The road network provides direct access to major expressways including the Central Expressway and Ayer Rajah Expressway, facilitating convenient travel to different parts of Singapore for both leisure and work-related journeys.

The One-North Precinct and Lifestyle Environment

Living at 28C Dover Crescent positions residents within a precinct characterised by cutting-edge office developments, upscale dining establishments, and modern retail facilities. The surrounding area has transformed significantly over recent years, attracting young professionals and established families alike. Shopping options, from neighbourhood convenience stores to larger mall facilities within the one-north corridor, cater to everyday needs and leisure shopping preferences. Educational institutions in the broader Buona Vista area serve families with school-age children, whilst the mature estate environment provides the stability many upgraders seek.

The neighbourhood culture emphasises innovation and vibrancy, reflecting the tech and media companies headquartered nearby. This creates a cosmopolitan, professional atmosphere that appeals particularly to mid-career professionals, expatriates, and entrepreneurs. For investors, this demographic profile typically translates into stable tenant demand and competitive rental rates, supporting consistent yield performance across market cycles.

Investment Considerations and Rental Potential

28C Dover Crescent appeals to investors as a rental investment proposition within a high-demand neighbourhood. The concentration of office workers, students, and transient professionals in the one-north area ensures consistent tenant demand for appropriately priced units. Rental yields in this precinct have historically performed favourably compared to more central locations, allowing investors to achieve meaningful income whilst retaining the potential for capital appreciation. The established nature of the estate and proven track record of leasing activity provide investors with confidence regarding tenant stability and consistent returns.

Prospective investor-buyers should factor Additional Buyer's Stamp Duty at the current rate of 20% into their acquisition cost for a second residential property purchase as a Singapore Citizen. This significant cost element affects the overall capital requirement and return on investment calculations; careful financial modelling ensures investors understand the full cost structure before committing to purchase. Experienced investors often incorporate ABSD planning into their overall portfolio strategy to optimise after-tax returns.

Suitability for Different Buyer Profiles

First-time buyers seeking entry into the HDB market often find established estates like 28C Dover Crescent particularly attractive. The mature environment means established infrastructure, proven amenity networks, and transparent valuation history. Schools, medical facilities, and shopping options are already embedded within the neighbourhood, reducing uncertainty for families making their initial residential purchase. Financing options remain straightforward for first-timers, with mainstream banks offering competitive mortgage terms for HDB properties in well-established developments.

Upgraders transitioning from smaller or more distant estates benefit from the improved connectivity and neighbourhood quality that 28C Dover Crescent offers. The step-up in lifestyle comes without requiring relocation to private residential schemes, allowing upgraders to deploy capital efficiently whilst accessing better transport links and improved amenities. This category of buyer frequently represents the core demand driver in mature estates, valuing practical improvements in daily living convenience.

High-net-worth buyers occasionally purchase HDB units at 28C Dover Crescent as portfolio diversification or investment holdings, appreciating the stable income stream and lower volatility profile compared to private residential property. The development's institutional quality and proven leasing history appeal to discerning investors seeking reliable asset performance.

Valuation and Pricing Context

Market pricing at 28C Dover Crescent reflects the development's location, accessibility, and investment credentials. Per-square-foot valuations in this precinct track closely with comparable HDB developments within the one-north corridor, informed by recent transactional evidence and rental data. Properties within easy walking distance of MRT stations command price premiums that reflect the demonstrated importance of transport connectivity to Singapore buyers and investors. Understanding the per-square-foot positioning relative to nearby competing estates helps buyers and investors contextualise value and identify opportunities aligned with their acquisition strategy.

Pricing variability across unit types, floor levels, and stack positions creates opportunity for discerning buyers to identify superior value. Lower floors, units facing quieter aspects, and positions aligned with specific buyer preferences sometimes trade at modest discounts to higher-demand configurations, potentially offering enhanced yield prospects for investor-buyers comfortable with less-premium unit characteristics.

Financing Considerations and Total Debt Servicing Ratio

HDB financing through HDB Home Loan schemes remains available to eligible Singapore Citizens and Permanent Residents at competitive interest rates and favourable terms. Typical price points across the development generally require total debt servicing ratios well within regulatory thresholds for employed borrowers with established income. Maximum financing percentages for HDB purchase remain generous relative to private residential schemes, meaning the upfront capital requirement stays manageable for most qualified buyers. Prospective purchasers should engage with financial institutions early to understand exact borrowing capacity based on individual income and existing obligations.

Investors utilising bank financing should note that investment property lending often carries higher interest rates than owner-occupied borrowing, impacting yield calculations and debt service capacity. Engagement with mortgage specialists familiar with HDB investment financing ensures access to the most competitive terms available in the market.

Estate Maturity and Long-Term Positioning

As an established HDB development, 28C Dover Crescent benefits from a track record of stable valuations and proven resilience across property cycles. The surrounding precinct's ongoing development and the one-north corridor's continued expansion as Singapore's innovation hub suggest sustained structural support for property values. Unlike newer developments still establishing themselves in the market, this estate offers the confidence that comes from demonstrated performance and transparent historical pricing.

Long-term leasehold considerations apply to HDB properties; whilst HDB leasehold terms extend significantly, buyers should remain cognisant of lease decay dynamics affecting valuations in the final decades of leasehold periods. For current purchasers, however, this consideration remains largely academic given the substantial remaining lease duration on properties within this development.

Comparison to Neighbouring Developments

The surrounding Buona Vista area hosts several established HDB estates, creating a competitive set for prospective buyers and investors comparing value propositions. 28C Dover Crescent's specific advantages—its proximity to One-North MRT, the precinct's economic vitality, and the established amenity infrastructure—position it competitively within this local market. Detailed comparison of per-square-foot pricing, unit type availability, and rental data relative to competing nearby developments helps buyers and investors make confident acquisition decisions aligned with their specific objectives.

The scarcity of new HDB development in this prime location reinforces the value proposition of existing units at 28C Dover Crescent. As land scarcity constrains new HDB supply in one-north and surrounding precincts, existing developments benefit from reduced competition for resident and tenant demand, supporting pricing and occupancy stability.

Frequently Asked Questions

What rental yield can I expect from purchasing a unit at 28C Dover Crescent as an investment property?

Rental yields at 28C Dover Crescent typically reflect the strong tenant demand generated by the one-north precinct's concentration of office workers, students, and young professionals. Based on current market rental rates for comparable units in this estate and the typical purchase prices across the development, investors can expect gross rental yields in the region of 3–4% annually, though actual performance depends on specific unit characteristics, configuration, floor level, and individual leasing success. The established reputation of the estate and proven tenant absorption history suggest consistent rental demand, supporting reliable yield realisation across economic cycles. Investors should undertake detailed rent comparison analysis for their specific unit type and floor position to model investment returns accurately.

How does the per-square-foot pricing at 28C Dover Crescent compare to recent transactions in the one-north area?

Per-square-foot valuations at 28C Dover Crescent track closely with comparable HDB transactions within the one-north corridor, generally ranging in a narrow band reflecting the estate's established status, MRT proximity, and consistent desirability. Recent market activity suggests pricing at or slightly below the median for the local precinct, with variation reflecting unit configuration, floor level, and specific amenity positioning rather than major discrepancies from neighbourhood norms. Detailed review of recent comparable sales data from the same development and neighbouring estates helps prospective buyers understand whether specific units offer value relative to market averages. The MRT proximity premium embedded in one-north pricing is substantial, reflecting the demonstrated market value of transport connectivity for both owner-occupiers and investors.

What Additional Buyer's Stamp Duty (ABSD) will I pay as a Singapore Citizen buying a second residential property here?

As a Singapore Citizen purchasing a second residential property at 28C Dover Crescent, you will incur Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price. This represents a significant acquisition cost beyond standard stamp duty and legal expenses, materially affecting the total capital outlay required for investment purchases. For example, a property purchased at S$500,000 would attract ABSD of S$100,000, requiring careful financial planning to ensure adequate liquidity and that projected investment returns justify the elevated entry cost. This ABSD obligation underscores the importance of thorough return modelling and financial planning for investor-purchasers, ensuring the investment thesis remains sound when total acquisition costs are fully understood and incorporated.

What is the lease tenure at 28C Dover Crescent and how does lease decay affect future resale value?

28C Dover Crescent, as an HDB development, operates on a 99-year leasehold tenure from the initial allocation date. For properties within this development, the substantial remaining lease duration means lease decay represents a consideration primarily relevant to purchasers in the final decades of the lease period, not for current buyers or investors seeking medium-term capital growth. HDB properties in Singapore have historically demonstrated resilience in their valuation performance, with the public authority's involvement providing confidence regarding long-term property management and structural integrity. Current purchasers benefit from decades of assured leasehold rights, during which the primary value drivers remain location, connectivity, amenity quality, and demand fundamentals rather than lease decay concerns.

How does proximity to CC23 One-North MRT station influence demand and capital appreciation at this development?

MRT proximity represents one of the most significant drivers of both rental demand and capital appreciation in Singapore residential property markets, and 28C Dover Crescent benefits substantially from its 14-minute walk to CC23 One-North station. This accessibility positions the development within Singapore's most vibrant economic and employment corridor, supporting sustained demand from commuters, professionals, and investors seeking convenient living arrangements relative to workplace locations. Historical evidence from comparable HDB estates demonstrates that properties within walking distance of MRT stations command measurable price premiums and maintain superior resale liquidity compared to more distant alternatives. The ongoing expansion of the one-north precinct as Singapore's innovation hub suggests this structural demand advantage should persist, supporting continued capital appreciation relative to more remote estate locations.

Which buyer profiles are best suited to 28C Dover Crescent—first-timers, upgraders, investors, or HNW buyers?

28C Dover Crescent serves multiple buyer profiles effectively due to its established neighbourhood character, proven amenity infrastructure, and consistent valuation trajectory. First-time buyers appreciate the transparent market history, straightforward financing availability, and established support networks within the mature estate; the development's proven track record reduces uncertainty for households making their initial residential purchase. Upgraders seeking improved connectivity and neighbourhood quality find compelling value, moving from more distant or less accessible locations into one of Singapore's most dynamic precincts without requiring transition to private residential property. Investor-purchasers value the consistent tenant demand underpinned by the one-north precinct's economic vitality and the established leasing history of units within this development. High-net-worth buyers occasionally deploy capital here as a portfolio diversification play, appreciating stable income generation and lower volatility relative to private residential schemes, though this category represents a smaller proportion of typical buyer interest.

What TDSR headroom exists for typical purchase prices at 28C Dover Crescent, and how does this affect financing?

Total Debt Servicing Ratio constraints at 28C Dover Crescent typically prove less restrictive than in private residential markets, given moderate price points and generous HDB financing availability through concessional government lending schemes. For employed Singapore Citizens and Permanent Residents with established income and reasonable existing obligations, typical purchase prices at the development remain well within TDSR thresholds, permitting comfortable financing capacity without requiring unusual income documentation or deposit levels. HDB Home Loan interest rates remain competitive relative to bank mortgage rates, further supporting borrowing capacity for eligible purchasers. Prospective buyers should engage directly with HDB or approved lending institutions to determine exact borrowing capacity relative to their specific income and existing debt obligations, but the general expectation is that TDSR constraints do not materially limit financing availability for qualified applicants at typical development price points.

How does 28C Dover Crescent compare to other nearby HDB estates in the Buona Vista and one-north area?

The Buona Vista precinct contains several established HDB developments competing for resident and investor demand, with 28C Dover Crescent positioned competitively on connectivity, amenity quality, and estate maturity grounds. Direct per-square-foot comparison with neighbouring estates reveals minor pricing variation reflecting specific locational advantages, unit type availability, and individual property characteristics rather than fundamental developmental differences. The scarcity of new HDB development in this prime one-north location provides existing developments like 28C Dover Crescent with a structural competitive advantage, as tenant and buyer demand naturally concentrates on the limited inventory of established properties rather than distributing across multiple new supply options. Detailed analysis of recent comparable transactions across neighbouring estates helps prospective buyers identify whether 28C Dover Crescent offers superior value relative to immediate alternatives.

Which unit stacks, floor levels, or positions offer the best value within 28C Dover Crescent?

Value opportunities within 28C Dover Crescent often emerge from unit-specific characteristics reflecting individual buyer preferences rather than fundamental property quality differences. Lower floor units occasionally trade at modest discounts despite offering advantages such as reduced lift waiting times and quick external access, appealing particularly to investors comfortable with less-premium configurations to enhance yield. Mid-floor units fronting quieter aspects or less-sought orientations sometimes present value opportunities for buyers prioritising capital efficiency over maximum prestige features. Stack positions directly above or below lift machinery, facing service areas, or with specific view characteristics may attract pricing adjustments creating entry-point opportunities for price-conscious investors. Engagement with market specialists and review of recent comparable sales across different unit configurations helps discerning buyers identify positions offering enhanced value relative to unit-type averages.

What is the future supply pipeline in the Buona Vista and one-north district, and how does this affect 28C Dover Crescent?

The one-north precinct has matured considerably as Singapore's established innovation corridor, with limited remaining land parcels available for new residential development. The scarcity of greenfield opportunities in this highly desirable location means that new HDB supply is unlikely to materially increase in the immediate future, supporting the valuation resilience and tenant absorption potential of existing developments like 28C Dover Crescent. Private residential development in the adjacent areas may capture some purchaser demand, but the affordability positioning and connectivity advantages of HDB properties ensure continued strong underlying demand for units within established estates. This constrained supply backdrop suggests that 28C Dover Crescent benefits from a structural supply advantage, with limited new competitive development likely to emerge and absorb demand that might otherwise flow to existing estates.

Hdb Flat At 28C Dover Crescent — From S$1,450