Type

Units

Min Area

Price Range

Other

1000 sqft

S$980/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$980.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$196 on this acquisition.

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?

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244 Kim Keat Link: A Mature HDB Development in Toa Payoh

244 Kim Keat Link stands as an established public housing development in one of Singapore's most vibrant residential districts. Situated in Toa Payoh, this HDB project represents a mature community with well-established infrastructure, making it an attractive option for buyers seeking stability and accessibility in a central location.

The development is positioned within close proximity to the Toa Payoh district, a neighbourhood renowned for its blend of residential comfort and urban convenience. Residents benefit from easy access to a comprehensive network of shops, dining options, and recreational facilities that have developed organically around this established estate. The area's maturity means that essential services—from medical clinics to educational institutions—are deeply embedded within the surrounding community fabric.

Location and Accessibility

The strategic positioning of 244 Kim Keat Link places it within a neighbourhood characterised by strong connectivity. The broader Toa Payoh area serves as a transportation nexus, connecting residents to multiple employment centres and commercial districts across Singapore. This accessibility has historically supported robust demand for units in this precinct, whether from owner-occupiers seeking a convenient base or investors targeting steady rental yields.

The development's location within an established residential zone means that future infrastructure expansion is limited compared to newer estates, but existing amenities are comprehensive and mature. Schools, hawker centres, wet markets, and community clubs are integral to the neighbourhood's character, having served residents for decades. This permanence offers a degree of predictability regarding property values and rental demand that newer developments cannot guarantee.

Housing Options and Unit Mix

Units at 244 Kim Keat Link span a range of configurations designed to accommodate different household compositions. The development includes various floor plans, with individual units offering approximately 1,000 square feet of internal space, providing reasonable square footage for Singapore standards. This sizing is typical of mid-range HDB configurations and appeals to both small families and professionals seeking ample living space without excessive maintenance demands.

The variety of unit types within the development ensures that prospective buyers can identify options suited to their specific household needs. Whether upgrading from a smaller unit, downsizing from a larger property, or entering the homeownership market, the range of available configurations at 244 Kim Keat Link provides flexibility that single-type developments cannot match.

Investment and Rental Potential

For investors considering 244 Kim Keat Link as part of a property portfolio, the development's established status and central location present noteworthy advantages. Toa Payoh's proximity to multiple employment districts, educational institutions, and transport corridors creates consistent demand from tenants seeking convenient residential bases. The neighbourhood's maturity means that tenant pools are diverse and stable, ranging from young professionals to small families and retirees seeking accessible urban living.

Rental yields for HDB properties in established central locations like Toa Payoh have historically remained competitive relative to newer estates in peripheral zones. The steady flow of working-age professionals attracted to the district's accessibility supports relatively predictable occupancy rates and rental rate stability. However, prospective investor-buyers should conduct thorough due diligence on recent comparable lettings in the immediate area to establish realistic yield expectations for their specific unit configuration.

Pricing Context

Current pricing at 244 Kim Keat Link reflects the development's maturity, established location, and mid-range unit specifications. Compared to newer launches in more peripheral zones, prices here align with the trade-off between location convenience and newer finishes. Buyers evaluating this development should consider pricing alongside comparable recent transactions for similar unit types in nearby estates, which provide the most accurate benchmarks for assessing value within the local HDB market segment.

Buyer Suitability

Different buyer profiles find distinct advantages in 244 Kim Keat Link. First-time homebuyers value the established neighbourhood's infrastructure maturity and the manageable price points relative to newer estates or private residential options. Upgraders moving from smaller units benefit from the available larger configurations and the opportunity to remain within a familiar neighbourhood whilst accessing improved space. Investors appreciate the location's proven rental demand and the stability that established estates offer compared to newer developments with uncertain tenant demand patterns.

Market Considerations

As a mature HDB development in a central location, 244 Kim Keat Link occupies a distinct segment of Singapore's property market. The estate's age means that future enhancements are unlikely to significantly alter its character or appeal, but the established community and infrastructure provide a solid foundation for long-term ownership. Prospective buyers should factor in the typical costs associated with older HDB units, including potential renovation requirements and ongoing maintenance, when evaluating overall investment value.

The Toa Payoh precinct continues to attract residential interest due to its central positioning and comprehensive amenities. While new supply in peripheral zones may affect relative pricing, the fundamental appeal of established central locations remains relatively resilient throughout property cycles. Buyers should approach this development with realistic expectations about capital appreciation—modest but steady growth rather than speculative surges—and focus instead on the immediate liveability benefits and rental yield potential that the location genuinely offers.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 244 Kim Keat Link as an investment property?

Rental yields for HDB properties at 244 Kim Keat Link vary depending on unit size and configuration, but typically range between 3% to 5% gross yield when calculated against current market rental rates in Toa Payoh. The development's established location and proximity to employment centres support consistent tenant demand, meaning occupied days per year tend to be high compared to peripheral estates. To establish realistic yield expectations for your specific unit type, you should review recent comparable lettings of similarly sized configurations in the immediate Toa Payoh vicinity and cross-reference against purchase price, as rental rates and property values both fluctuate with market conditions.

How do current prices at 244 Kim Keat Link compare to recent psf transactions in Toa Payoh?

Pricing at 244 Kim Keat Link aligns with established Toa Payoh market benchmarks for mature HDB estates of similar vintage. Recent comparable transactions for similar unit types in nearby Toa Payoh developments typically range from S$900 to S$1,100 per square foot, depending on floor level, facing, and condition. To obtain precise psf comparisons for your target unit type, consult recent HDB Resale transaction data filtered for Toa Payoh properties sold within the past three to six months, as this will account for any seasonal pricing variations and provide the most accurate local market context for valuing 244 Kim Keat Link units.

What are the Additional Buyer's Stamp Duty (ABSD) implications if I purchase 244 Kim Keat Link as a second residential property?

Singapore Citizens purchasing 244 Kim Keat Link as a second residential property are subject to Additional Buyer's Stamp Duty at the current rate of 20%. This means that on top of the standard Buyer's Stamp Duty, you will incur an additional 20% stamp duty on the purchase price, significantly increasing total acquisition costs. For example, purchasing a unit at S$500,000 would attract 20% ABSD of S$100,000, making total stamp duty liabilities considerably higher than a first-time purchase. You should factor this substantial cost into your investment appraisal and consult a property lawyer to confirm your ABSD eligibility status before proceeding with an offer.

What is the remaining lease duration at 244 Kim Keat Link, and how might lease decay affect resale value?

HDB properties operate under different lease frameworks than private residential properties, and 244 Kim Keat Link units carry a 99-year lease from the original construction date. As a mature estate, the lease has already decayed by several decades, meaning remaining lease length is correspondingly reduced compared to newly completed HDB developments. Lease decay accelerates value depreciation markedly during the final 30 years of the lease term, a consideration that becomes increasingly relevant for 244 Kim Keat Link as the development ages. Prospective buyers should clarify the exact remaining lease years for their specific unit of interest and factor in the trajectory of lease depreciation when calculating long-term capital appreciation or investment holding periods.

How does proximity to the nearest MRT station affect demand and capital appreciation at 244 Kim Keat Link?

The Toa Payoh area benefits from established MRT connectivity, which has historically anchored residential demand and supported relatively stable property values across the district. Properties within walking distance of MRT stations—typically considered a 400-metre radius—command a measurable price premium and attract stronger rental enquiries from tenants prioritising commute convenience. 244 Kim Keat Link's location within this transport-connected precinct provides a meaningful competitive advantage compared to estates in less accessible zones, supporting both owner-occupier appeal and investor interest. However, as the MRT network expands into newer districts, relative advantage may shift over time, so current positioning should be weighted as an existing strength rather than an indefinite guarantee of superior capital growth.

Which buyer profiles are best suited to 244 Kim Keat Link, and why?

First-time homebuyers benefit from 244 Kim Keat Link's manageable pricing within established infrastructure, avoiding the steeper prices of newer estates or private residential options. Upgraders seeking larger space whilst remaining in a familiar neighbourhood find the available unit configurations and central location advantageous for their transition. Owner-occupiers prioritising accessibility to employment, schools, and amenities value the mature estate's comprehensive local service network. Investors targeting steady rental yields rather than speculative capital growth appreciate the proven tenant demand in this established district and the lower entry costs compared to peripheral new launches. Retirees or downsizers seeking convenience and community infrastructure similarly find 244 Kim Keat Link appealing for its accessibility and maturity.

What TDSR considerations and financing headroom apply at typical price points for 244 Kim Keat Link?

Total Debt Service Ratio (TDSR) limits mean that borrowers are typically permitted to finance up to 80% of the purchase price through HDB loans, subject to TDSR constraints that cap total monthly debt servicing at 60% of gross monthly income. At current 244 Kim Keat Link price points, a unit purchased at S$500,000 would require approximately S$100,000 cash down-payment, with the remaining S$400,000 potentially financed via HDB loan (subject to TDSR approval). Prospective buyers should consult HDB or a bank directly to confirm their personal TDSR eligibility and available financing headroom, as individual income, existing debt obligations, and loan tenure all materially affect borrowing capacity. First-time HDB buyers may qualify for HDB concessional loans with more favourable terms than bank mortgages, making this financing avenue worth exploring before committing to a purchase.

How do comparable nearby HDB developments compete with 244 Kim Keat Link in terms of location and value?

Competing HDB estates in the broader Toa Payoh and surrounding districts—including developments in Novena, Serangoon, and Balestier—all share similar established characteristics and pricing profiles. These neighbouring estates offer comparable accessibility to transport, schools, and amenities, meaning pricing competition is robust within this central HDB segment. Differentiation among competing developments often hinges on subtle factors such as specific MRT station proximity, local hawker centre quality, or estate management reputation rather than substantial feature differences. When evaluating 244 Kim Keat Link against alternatives, focus on comparative psf pricing for identical unit types, remaining lease duration relative to competitors, and proximity to your employment or family touchpoints, as these tangible factors typically drive value perception more than development branding.

Are certain unit stacks or floor levels at 244 Kim Keat Link better positioned for value retention or rental appeal?

Mid-level stacks (typically floors 3 to 6) at 244 Kim Keat Link historically command optimal pricing balance between accessibility and noise-reduction benefits, avoiding ground-level vulnerability to pedestrian activity whilst keeping lift waiting times modest compared to higher floors. Higher floors (7 and above) attract price premiums reflecting superior light, ventilation, and perceived safety, making them appealing to owner-occupiers willing to pay for amenity quality. Mid-upper stacks represent strong rental value for investor-buyers, as tenants frequently prioritise reasonable lift access and floor level without the steep price gradient of premium floors. Ground and first-floor units may present value opportunities for cost-conscious buyers who tolerate lower facing or reduced privacy, though these typically attract narrower tenant pools. Your optimal stack choice depends on whether you prioritise capital appreciation (mid-upper floors), rental yield (mid-level floors), or purchase cost minimisation (lower levels), so align your preference with your investment thesis before conducting viewings.

What is the future supply pipeline in Toa Payoh and surrounding districts, and could new developments affect 244 Kim Keat Link's market position?

Toa Payoh is largely a mature, built-out district with limited remaining land for substantial new HDB development, meaning new supply directly competing with 244 Kim Keat Link is unlikely in the immediate term. Peripheral developments in growth zones (such as Punggol, Tengah, or Woodlands) may attract first-time buyers seeking newer finishes and lower prices, but these are geographically distant and serve different buyer motivation profiles than the central-location premium that Toa Payoh offers. The broader property market context suggests that established central HDB estates like 244 Kim Keat Link will remain relatively insulated from supply-side pressures compared to newer estates in the periphery. Nevertheless, prospective long-term owners should monitor HDB's regular Development Plans and Urban Redevelopment Authority announcements for any potential Toa Payoh area transformation initiatives, as major infrastructure or regeneration could reshape local demand patterns over decades-long holding periods.

Hdb Flat At 244 Kim Keat Link — From S$980