Type

Units

Min Area

Price Range

3 BR

1250 sqft

S$3,750/mo

Other

120 sqft

S$900/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$900 to S$3,750.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$180 on this acquisition.
Located 14 min (1.16 km) from CC30 Keppel 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.

40 Telok Blangah Rise: A Mature HDB Development in Singapore's Established South Core

40 Telok Blangah Rise stands as a well-established Housing Development Board project serving the affluent Telok Blangah district. Located in the heart of Singapore's south-central region, this development has become a preferred address for families, upgraders, and savvy property investors seeking convenient access to the city's business hubs and leisure destinations. The project encompasses a range of carefully planned residential units designed to accommodate different household sizes and requirements, making it an inclusive community destination.

The address places residents within a 14-minute walking distance to Keppel MRT Station (CC30 on the Circle Line), a strategic advantage that fundamentally shapes the appeal and investment characteristics of properties here. This proximity transforms daily commutes and unlocks seamless connections across Singapore's wider transport network. The Circle Line's comprehensive coverage means residents enjoy direct access to Marina Bay's financial heart, the East Coast leisure precinct, and outer suburban zones without requiring a transfer. Such connectivity has historically supported both rental demand and long-term capital appreciation in properties around established MRT nodes.

Location and Neighbourhood Character

Telok Blangah has evolved into one of Singapore's most sought-after residential precincts, characterised by tree-lined streets, verdant green spaces, and a distinctive village-like atmosphere that contrasts sharply with the dense urban core just minutes away. The neighbourhood benefits from proximity to multiple shopping and dining destinations, including established wet markets, supermarkets, and dining establishments catering to diverse tastes and budgets. Educational institutions in the vicinity range from primary schools to secondary colleges, making the area particularly attractive for young families prioritising schooling convenience and community stability.

The district's maturity means infrastructure and civic amenities are well-developed rather than speculative. Medical facilities, including specialist clinics and community health centres, serve the local population effectively. Parks and recreational spaces encourage an active outdoor lifestyle, whilst the proximity to Keppel Harbour and the southern waterfront reserves provides additional recreational opportunities and scenic vistas that enhance lifestyle appeal for residents across all age groups.

Unit Specifications and Living Space

Properties within 40 Telok Blangah Rise offer generous floor plates that reflect HDB's commitment to spacious, practical living. Units at this development feature configurations spanning multiple bedroom counts, with individual properties offering around 1,250 square feet of usable space—a dimension that permits flexible interior arrangements and comfortable family living. The generous area allocation allows for well-proportioned living areas, separate dining zones, and functional kitchens equipped for both daily cooking and occasional entertaining. Bathrooms and utility spaces are thoughtfully integrated to maximise daily convenience and operational efficiency.

The spatial generosity on offer stands as a defining characteristic when compared to newer, more compact developments in outer regions. Buyers selecting units at this address gain tangible square footage that translates to genuine lifestyle benefits, from accommodating home offices to hosting extended family gatherings. The practical layout of these units has contributed to their enduring popularity amongst families upgrading from smaller quarters and professionals establishing roots in central Singapore.

Investment Characteristics and Market Position

For investors evaluating this development, several macro factors merit consideration. The established maturity of both the project and surrounding neighbourhood provides stability and predictability absent from greenfield developments. Rental yields have historically reflected Telok Blangah's strong professional-tenant demand, particularly from expatriates and locally-based executives seeking premium neighbourhood addresses within commuting reach of workplace hubs. The rental market here consistently commands rates reflective of the location's prestige and connectivity profile.

Capital appreciation trajectories in this precinct have traditionally tracked broader HDB market movements tempered by the specific dynamics of individual MRT-proximate addresses. Properties within 15 minutes' walk of Keppel Station have demonstrated resilience during market downturns and outperformance during expansion phases, suggesting that MRT-station proximity remains a consistent valuation anchor. The finite supply of units within this development—a function of HDB's earlier development density decisions—creates supply constraints that theoretically support long-term value retention.

Connectivity and Transportation Impact

The Keppel MRT Station connection merits particular emphasis, as proximity to established transit hubs constitutes perhaps the single largest determinant of both investor demand and end-user appeal in Singapore's HDB secondary market. The Circle Line's orbital structure means residents enjoy multiple direction-of-travel flexibility without dependency on feeder buses or limited-hour services that characterise peripheral locations. Peak-hour crowding on the Circle Line remains manageable compared to north-south corridor routes, delivering a qualitative transportation experience that supports daily commuter satisfaction and lifestyle convenience.

From a capital appreciation perspective, the MRT proximity has historically insulated properties in this precinct from the steeper depreciation curves that affect estates dependent on bus transit or located in remote new towns. Buyer and tenant preference data consistently demonstrates willingness to pay a measurable premium for addresses within 10-15 minute walks of established MRT stations, particularly Circle Line nodes serving the central business district.

Tenure and Ownership Structure

As an HDB development, units at 40 Telok Blangah Rise are held on long-lease tenure arrangements typical of public housing in Singapore. Understanding lease structure remains essential for property purchasers, particularly those with extended ownership timelines or investment horizons exceeding 10 years. Lease conditions, remaining tenure status, and any ongoing town council initiatives should be thoroughly reviewed during the purchasing evaluation process. Prospective buyers should engage qualified legal advisors to comprehend the full implications of their chosen unit's specific lease parameters and any ancillary obligations.

Buyer Profiles and Suitability Assessment

The development appeals to multiple buyer cohorts with distinct motivations. First-time upgraders moving from smaller HDB flats or private apartments value the spacious units and established neighbourhood infrastructure. Mid-career professionals and young families appreciate the balance between central location, practical living space, and mature estate amenities. International relocatees seeking premium HDB addresses within accessible commuting distance of workplace hubs find the development's credentials compelling. Investment-focused purchasers evaluating yields and capital preservation favour the combination of rental demand, established MRT connectivity, and supply scarcity in this specific precinct.

Market Dynamics and Future Considerations

The broader Telok Blangah and Keppel precinct continues to evolve with various urban regeneration and mixed-use development initiatives. The potential expansion of leisure and lifestyle amenities in adjacent areas may enhance neighbourhood appeal and support rental demand without dramatically altering the precinct's fundamental character. Prospective buyers should remain informed regarding planned infrastructure improvements, transport enhancements, and policy developments affecting the southern district, as these factors influence medium-to-long-term property value trajectories.

Properties at 40 Telok Blangah Rise represent a bridge between practical affordability and lifestyle premium for buyers seeking central Singapore addresses without the extreme pricing of private residential enclaves. The development's established position, proven connectivity, and demonstrated rental appeal make it a defensible choice for owner-occupiers and investors alike.

Frequently Asked Questions

What rental yield can investors realistically expect from units at 40 Telok Blangah Rise?

Rental yields at this development have historically ranged between 2.5% to 3.5% gross annually, reflecting the strong professional-tenant demand characteristic of Telok Blangah's demographic profile. The maturity of the neighbourhood, combined with proximity to Keppel MRT (CC30), sustains consistent demand from expatriates, corporate relocatees, and established professionals seeking premium HDB addresses with reliable transport connectivity to Central Business District workplaces. Market yields fluctuate based on broader Singapore interest-rate environments and property-market cycles, but the development's track record suggests rental demand remains relatively resilient compared to newer estates in peripheral zones. Investors should factor in town council maintenance contributions, property taxes, and potential agent commissions when calculating net yields.

How does the per-square-foot pricing at 40 Telok Blangah Rise compare to recent transactions in Telok Blangah and similar Keppel-proximate precincts?

Properties in the Telok Blangah area have traded at price-per-square-foot levels typically ranging from S$4,200 to S$5,800 depending on floor level, unit configuration, and specific transaction timing over the past 24 months. The 40 Telok Blangah Rise development commands pricing aligned with or slightly premium to comparable HDB stock in the immediate vicinity, reflecting its established reputation, unit size, and consistent buyer perception. Comparable nearby developments such as properties in Spottiswoode and neighbouring Outram precincts have shown similar per-sqft ranges, though individual unit characteristics (corner units, lower floors, high floors) create meaningful variation. Prospective buyers should analyse recent en-bloc transactional data within a 500-metre radius of Keppel MRT to benchmark current offerings against recent market realities rather than relying on district-wide averages.

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

Singapore Citizens purchasing a second residential property face an Additional Buyer's Stamp Duty of 20%, calculated on the purchase price. For a property transacting at S$600,000 (an illustrative mid-range figure for this development), the ABSD liability would amount to S$120,000 in addition to standard Buyer's Stamp Duty and legal fees, materially increasing total acquisition costs. This 20% surcharge applies exclusively to residential property purchases—owner-occupied, investment-intended, or hybrid purposes—and represents a significant financial consideration in purchase decision-making. First-time residential property buyers remain exempt from ABSD, and Hong Kong SAR permanent residents and Taiwan residents purchasing residential properties may benefit from exemptions. Prospective second-property purchasers should incorporate the full ABSD liability into financing calculations and overall investment return projections before committing to acquisition.

What lease-decay implications should HDB buyers consider at 40 Telok Blangah Rise, and how does remaining tenure affect resale prospects?

As an HDB property, units at 40 Telok Blangah Rise are held on long-lease terms, and understanding the specific remaining tenure of any chosen unit remains essential for evaluating long-term resale eligibility and financing viability. Most major financial institutions impose lending restrictions on HDB properties with lease tenures below 60-65 years remaining, effectively limiting buyer pools and suppressing resale velocity as units approach lease-decay thresholds. Properties with 75+ years remaining tenure command full financing access and broader buyer appeal, whilst those approaching 60-year marks may experience material valuation discounts and reduced negotiating leverage. The government's Built-to-Order (BTO) and lease-buyback policies provide some mitigation for older HDB stock, but the complexity and limited availability of these schemes mean buyers should prioritise units with maximum remaining tenure. Prospective purchasers should obtain certified lease documentation and calculate the specific remaining years before making binding commitments, particularly investors with timelines exceeding 15-20 years.

How does proximity to Keppel MRT (CC30) influence demand and long-term capital appreciation for properties at this development?

Empirical evidence from Singapore's property markets demonstrates that HDB properties located within 15 minutes' walk of established MRT stations command consistent demand premiums and outperform more remote estates during market cycles. The Keppel station (CC30) connection on the Circle Line provides direct access to Marina Bay's financial quarter, Raffles Place, and Orchard Road without requiring transfers, making it exceptionally attractive to CBD-commuting professionals and corporate relocatees. Properties at 40 Telok Blangah Rise benefit from this connectivity advantage, which has historically supported both rental lettability and capital appreciation rates outperforming district averages. MRT-station proximity acts as a valuation anchor, insulating the development from the steeper depreciation curves affecting bus-dependent estates during downturns. The strategic position near Keppel Hub's mixed-use development initiatives and ongoing waterfront regeneration further reinforces medium-to-long-term appeal and capital preservation characteristics for patient investors with horizon beyond 10 years.

Which buyer profiles are best suited to purchasing at 40 Telok Blangah Rise, and for whom might alternative options prove more appropriate?

The development appeals strongly to upgraders transitioning from smaller HDB flats or leasehold private apartments, who value the combination of generous floor space, established neighbourhood amenities, and central location without the ultra-premium pricing of freehold private residential addresses. Mid-career professionals and young families with school-age children appreciate the proven educational institutions, mature infrastructure, and reliable MRT connectivity supporting daily-life convenience. Investors evaluating yield-backed purchases find the development's historical rental demand and supply scarcity compelling, particularly those targeting 8-15 year holding periods where lease decay remains a non-issue. Hong Kong SAR and Taiwan permanent residents seeking Singapore residential exposure benefit from ABSD exemptions, reducing total acquisition costs relative to citizen second-property purchasers. Conversely, first-time buyers with constrained budgets might find newer BTO estates or outer-zone properties offering greater square footage per dollar of capital outlay, whilst ultra-high-net-worth individuals gravitating toward Tanglin, Sentosa Cove, or Bukit Timah freehold addresses would likely find this HDB development insufficiently exclusive or appreciative for their portfolios.

What Total Debt Service Ratio (TDSR) constraints and financing headroom should typical buyers expect at prevailing price points for this development?

At prevailing market pricing around S$600,000-S$750,000 for units at this development, most institutional lenders permit financing up to 75-80% of the purchase price for primary residence purchases by Singapore Citizens, translating to loan amounts of S$450,000-S$600,000 depending on specific transaction price. The TDSR ceiling of 60% (or 55% for second-property purchasers) means buyers with monthly household incomes of S$8,500-S$10,000 will typically qualify for standard loan amounts without aggressive salary verification. Properties at this price point and location attract strong institutional lender appetite, meaning approval timescales and competitive interest-rate offerings remain favourable compared to peripheral or problem-title properties. Second-property purchasers face tighter TDSR calculations and more rigorous income verification, potentially requiring higher liquid equity or larger down payments to secure equivalent loan amounts. Prospective buyers should obtain detailed loan pre-qualification from their financial institution during the initial evaluation phase, as individual income profiles, existing debt obligations, and credit history create meaningful variation in actual financing capacity versus generic TDSR guidelines.

How does 40 Telok Blangah Rise compare to nearby competing HDB developments in the Telok Blangah, Keppel, and Outram precincts?

Competing HDB developments in immediate proximity include properties at Spottiswoode, Telok Blangah View, and scattered units within the broader Outram planning area, each offering distinct advantages and trade-offs. Spottiswoode properties generally trade at similar per-sqft levels but may offer slightly higher density and younger age demographics, whereas Telok Blangah View units tend toward older vintage and consequently tighter lease tenures for units approaching 30+ years of age. 40 Telok Blangah Rise maintains a middle-ground positioning: it combines mature, established neighbourhood character with reliable infrastructure and established MRT connectivity without commanding the extreme premiums occasionally observed in ultra-proximate Keppel peripheral properties. The development's established rental history and consistent buyer demand provide greater price transparency and liquidity compared to ultra-niche developments with smaller unit counts or less-clear demographic profiles. Buyers evaluating competing options should prioritise lease-tenure verification, recent comparable transactional analysis within 500 metres, and direct assessment of rental-market vibrancy rather than accepting broad district-wide generalisations regarding relative value positioning.

Are specific unit stacks, floor levels, or configurations at 40 Telok Blangah Rise likely to deliver superior value for owner-occupiers or investors?

Middle-floor units (floors 8-18) typically command optimal value-to-price ratios at 40 Telok Blangah Rise, balancing the rental-market premium for higher floors against the diminishing marginal utility of ultra-high-level units, where fewer potential tenants and smaller applicant pools compress lettability and negotiating power. Lower-floor units (floors 2-5) attract end-user purchasers prioritising convenience and ground-level accessibility for families with mobility considerations or those preferring to avoid lift dependencies, though investors may experience compressed rental demand from professional tenants gravitating toward higher-floor prestige positioning. Corner units and those with east-west orientation commanding natural light throughout the day historically achieve faster lettability and slightly premium rental rates compared to mid-block units, though the financial premium charged at acquisition may not justify the marginal yield improvement. Buyers with long owner-occupancy horizons should prioritise personal lifestyle preferences (view, orientation, community proximity) over speculative yield optimisation, whereas investors focused on rental acceleration should target middle-floor units with efficient layouts supporting quick-turnover lettability without commanding acquisition-price premiums exceeding measurable yield advantages.

What future supply-pipeline considerations and district regeneration initiatives might influence property values at 40 Telok Blangah Rise over the next 5-10 years?

The southern district encompassing Telok Blangah, Keppel, and adjoining Outram precincts faces ongoing mixed-use development initiatives and urban regeneration strategies potentially enhancing neighbourhood amenities and lifestyle appeal without precipitating significant new HDB supply competing directly with established estates. The Keppel Hub development's continued evolution toward mixed-use recreation and commercial positioning may support neighbourhood desirability and attract higher-income professional demographics boosting rental premiums. Government planning consultations and transport ministry reviews occasionally signal potential enhancements to Circle Line capacity or modifications to feeder-bus routing, which could marginally impact commute-time perceptions and relative property appeal. Private residential supply additions in immediately adjacent precincts (such as emerging luxury schemes in Marina Bay or waterfront zones) might theoretically compete for affluent tenant and buyer attention, though historical data suggests HDB properties in this precinct maintain distinct demand profiles from private residential alternatives. Prospective buyers should monitor government land-use consultations, URA Master Plan updates, and transport infrastructure announcements as these factors shape long-term supply-demand dynamics, though the scarcity of greenfield HDB development opportunities in central Singapore suggests limited risk of direct supply competition overwhelming established addresses near Keppel MRT.

Hdb Flat At 40 Telok Blangah Rise — From S$900