Type

Units

Min Area

Price Range

Other

110 sqft

S$1,200/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,200.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$240 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.

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110A Depot Road: Compact HDB Living in an Established Neighbourhood

110A Depot Road presents a distinctive housing opportunity within Singapore's diverse HDB portfolio. This compact residential unit sits within a mature, well-serviced district that appeals to a broad spectrum of property seekers—from first-time buyers establishing their foothold in real estate to experienced investors building diversified portfolios and downsizers seeking efficient, manageable living spaces without unnecessary square footage.

The property's modest floor area of 110 square feet positions it squarely within Singapore's growing micro-unit segment, reflecting contemporary urban living preferences that prioritise location and accessibility over expansive floorplans. Such compact configurations have gained considerable traction among young professionals, couples without children, and retirees who value proximity to transport links and neighbourhood services far more than additional rooms or storage space they may rarely utilise.

Location and Connectivity

Situated at 110A Depot Road, this unit benefits from a location within a district characterised by reasonable access to everyday conveniences. The neighbourhood's maturity means established retail precincts, food establishments, and community facilities are typically within walking distance or a short bus ride, supporting both owner-occupiers and investment tenants seeking practical, liveable accommodation. Proximity to major transport arteries enhances commutability to employment zones across the island, a critical consideration for working-age residents.

For investors evaluating rental yield potential, the district's accessibility and established character typically translate into steady tenant demand. Young professionals and transient workers increasingly favour compact, well-located units over larger but more remote alternatives, creating consistent leasing demand in central areas. This unit's positioning within an accessible neighbourhood positions it favourably against outlying developments where occupancy rates may fluctuate more seasonally.

Investment and Financial Considerations

Prospective buyers approaching 110A Depot Road from an investment angle should carefully evaluate rental yield against the property's acquisition cost. Compact HDB units in established locations typically command rental premiums relative to their built-up area, often yielding annual gross returns ranging from 4% to 6% depending on tenant profile and market conditions. A detailed analysis comparing the monthly rental rate to the purchase price will clarify the property's long-term income-generation capacity.

Second-property purchasers must factor in Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price, materially affecting overall acquisition costs and cash-on-cash returns. Singapore Citizens buying a second residential property face this additional tax obligation, which should be thoroughly modelled into investment projections. Financing availability at institutional lenders often reaches 80-85% of the property value for HDB purchases, though some lenders may apply stricter criteria to very compact units or investment purchases, necessitating larger equity contributions.

Buyer Suitability Across Market Segments

First-time buyers with constrained budgets will find the property's entry-level positioning attractive, permitting property ownership without stretching debt servicing ratios excessively. The Total Debt Servicing Ratio (TDSR) framework, which restricts borrowings to 55% of gross monthly income, becomes considerably less onerous at lower price points, enabling younger, early-career professionals to qualify for financing despite moderate incomes. This democratises property ownership for cohorts previously locked out by escalating prices in peripheral estates.

High-net-worth individuals and corporate investors may regard such units less as primary residences and more as yield-generating assets within broader property portfolios, particularly where consolidating multiple compact units within a single building can create meaningful portfolio concentration. Upgraders stepping down from family-sized units will appreciate the substantial reduction in ongoing maintenance, property tax, and utility outgoings, freeing capital for alternative investments or retirement savings. Empty-nesters and retirees pursuing a change of lifestyle will similarly benefit from the simplified living footprint and reduced domestic responsibilities.

Market Dynamics and Competitive Positioning

The HDB secondary market for compact units has witnessed growing competition from purpose-built private residential developments offering comparable floor areas and rents. Investors should benchmark 110A Depot Road's rental rates and capital pricing against competing micro-unit offerings in the same district, as pricing divergences can signal relative value or vulnerability. Developments specifically designed as micro-studios often include superior finishes or shared amenities (such as co-working spaces or fitness facilities) that may justify rental premiums, a distinction worth investigating when comparing options.

Lease decay represents a pertinent consideration for HDB flats as they age beyond 80 years. While 110A Depot Road's current lease status will determine whether this concern is immediate, buyers should request the exact outstanding lease tenure from the Housing and Development Board, as resale value and financing availability deteriorate markedly once lease periods fall below 30 years. This dynamic underscores why purchase price alone offers an incomplete investment picture; residual lease length directly affects future liquidity and market demand.

Neighbourhood Character and Future Development

Established HDB precincts like the one surrounding 110A Depot Road often benefit from decades of community maturation, meaning essential infrastructure and social facilities are firmly embedded. Future developments in the district—whether new MRT extensions, commercial hubs, or residential intensification—can substantially enhance capital appreciation over medium to long-term holding periods. Monitoring the Urban Development Authority's planning blueprints and upcoming projects in the wider area provides early signals of neighbourhood trajectory and long-term value creation.

The property's utility extends beyond pure investment returns; owner-occupiers valuing simplicity, walkability, and established community networks will find the neighbourhood character increasingly appealing as prime real estate pricing makes larger homes in central areas prohibitively expensive. This dual appeal—spanning both yield-focused investors and lifestyle-conscious owner-occupiers—supports sustained demand for well-located compact units across market cycles.

Practical Considerations for Prospective Buyers

Inspecting the unit's condition, building age, and maintenance history forms an essential part of due diligence. Compact units in older blocks may present ceiling height, ventilation, or layout constraints that viewers should personally verify rather than assuming from floor plans alone. Engaging a qualified surveyor or inspector to identify potential structural issues, water ingress, or electrical deficiencies protects against expensive post-purchase remediation, particularly given the property's modest value may not justify major renovation expenditure.

Connectivity to neighbourhood amenities should be personally verified through site visits at varying times of day, as peak-hour congestion or neighbourhood noise patterns may significantly impact daily living quality. Prospective tenants (if leasing the unit) or owner-occupiers benefit from testing actual commute times to employment zones, schools, or key destinations rather than relying on theoretical distance metrics.

Conclusion

110A Depot Road exemplifies the compact, efficient housing solutions increasingly characterising Singapore's metropolitan property landscape. Whether acquired by first-time owners, downsize-seeking retirees, or yield-focused investors, the unit's modest floor area and established location position it as a practical entry point or supplementary investment within diversified portfolios. Comprehensive financial modelling—factoring ABSD, financing costs, rental benchmarks, and lease decay—will illuminate whether the property aligns with individual investment objectives or lifestyle priorities.

Frequently Asked Questions

What rental yield can I realistically expect if I purchase 110A Depot Road as an investment property?

Compact HDB units in established central locations typically generate gross annual rental yields between 4% and 6%, depending on tenant demand, lease terms, and prevailing market conditions. To calculate expected yield for 110A Depot Road specifically, divide the annual rental income by the purchase price and compare this figure to nearby competing micro-units and studio apartments in the same district. Investors should also deduct property tax (typically 4-6% of Annual Value for HDB), maintenance contributions, and potential vacancy periods to arrive at realistic net yield projections. The property's location within an accessible neighbourhood generally supports steady tenant demand, particularly among young professionals and transient workers seeking efficient, well-serviced accommodation.

How does the per-square-foot pricing at 110A Depot Road compare to recent HDB transactions in this area?

Establishing accurate psf pricing requires reviewing recent comparable sales within the same HDB precinct and district, available through the Urban Redevelopment Authority's property transaction data and secondary market analysis. Compact units often command higher psf pricing than larger flats within the same block or neighbourhood, reflecting the premium tenants and owner-occupiers place on location efficiency and ease of furnishing. Prospective buyers should obtain the exact transaction price of comparable units sold within the past 6-12 months and divide by the built-up area to benchmark whether 110A Depot Road's asking price represents relative value or commands a premium. Variations in unit height, floor level, and remaining lease tenure also influence comparable pricing significantly.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I am a Singapore Citizen buying this as a second residential property?

Singapore Citizens purchasing a second residential property incur ABSD at the current rate of 20% on the purchase price, a substantial cost that materially affects overall acquisition expenses and investment returns. For a property at 110A Depot Road, this 20% ABSD must be added to the purchase price, legal fees, and agent commissions when calculating total capital outlay. This additional tax obligation significantly impacts cash-on-cash return calculations and financing requirements; buyers must ensure their equity contribution and borrowing capacity accommodate the full ABSD liability. Many investors factor ABSD into pricing negotiations or structure acquisitions through corporate vehicles where permissible, though such strategies require professional tax and legal advice to ensure compliance.

How does the remaining lease tenure affect resale value and financing for 110A Depot Road?

HDB flats operate under specific lease structures that directly influence resale marketability and lender financing decisions as leases shorten. Units with remaining lease tenure below 30 years face significantly constrained buyer pools, reduced financing availability from institutional lenders, and marked price depreciation, as potential purchasers prioritise longer-tenure properties offering greater investment security. Conversely, properties with 80+ years remaining lease typically face minimal lease-decay risk over typical holding periods of 10-15 years, permitting relatively stable value trajectories. Prospective buyers must request the exact outstanding lease tenure from the Housing and Development Authority for 110A Depot Road and model future depreciation if lease shortfall approaches problematic thresholds; this single factor often determines long-term investment viability more significantly than headline purchase price.

How does proximity to major MRT stations influence demand and capital appreciation for compact units like this?

Properties situated within 500-800 metres of operational MRT stations command sustained rental and capital value premiums, as reliable public transport connectivity drives commuter demand and reduces car-dependency for owner-occupiers. 110A Depot Road's accessibility to major transport corridors enhances both tenant acquisition (reducing vacancy periods) and owner-occupier appeal, supporting medium to long-term capital appreciation relative to outlying HDB estates served only by bus networks. Conversely, distance from MRT stations correlates with extended tenant acquisition timelines and reduced buyer pools, which materially constrains rental yields and resale values. Investors evaluating 110A Depot Road should verify walking distance to the nearest operational MRT station and assess whether future rail expansion plans within the district could further enhance connectivity and property values over holding periods exceeding ten years.

Which buyer profiles—HNW, upgraders, first-timers, investors—are best suited to this compact unit?

First-time buyers with constrained budgets benefit substantially from the property's entry-level positioning, enabling mortgage qualification without excessive Total Debt Servicing Ratio strain, whilst building equity and establishing property ownership credentials. Upgraders and downsizers seeking to transition from larger family homes to efficient, low-maintenance accommodation will find the compact footprint and manageable running costs highly appealing, freeing capital for alternative investments or retirement planning. Yield-focused investors regard such units as portfolio diversification tools, particularly where multiple compact units within the same building or precinct can be consolidated into meaningful income-generating blocks. High-net-worth individuals may utilise compact units as core holdings within broader property strategies or as rental assets serving the growing micro-accommodation segment. Owner-occupiers prioritising urban convenience, walkability, and proximity to employment zones over sprawling floorspace will similarly favour well-located compact properties.

What TDSR headroom and financing capacity should I model for properties at this price point?

The Total Debt Servicing Ratio framework restricts aggregate borrowings (mortgage plus existing liabilities) to 55% of gross monthly income, a constraint considerably less onerous at lower price points typical of compact HDB units. A prospective buyer earning S$6,000 monthly could service approximately S$3,300 in combined debt obligations; at current HDB mortgage rates (typically 2.5-3.2%), this permits financing capacity in the region of S$450,000-S$550,000 depending on existing debt and lender-specific criteria. However, institutional lenders often apply stricter valuation and financing caps to ultra-compact units or investment purchases, potentially capping loan-to-value ratios at 75-80% rather than the standard 85%, necessitating larger equity contributions. Prospective buyers should engage mortgage brokers or institutional lenders directly to confirm actual financing capacity for 110A Depot Road before committing to purchase, as individual lender policies vary considerably and may impose additional restrictions on compact or HDB units.

How does 110A Depot Road compare to nearby competing micro-unit developments or HDB alternatives in the same district?

Competitive positioning requires detailed benchmarking against nearby HDB flats of comparable size, newer private residential micro-apartments in the district, and serviced apartment operators offering short-term rental alternatives. Investors should compare gross rental yields, tenant acquisition timelines, and capital pricing per square foot across these competing options, as pricing divergences often signal relative value or vulnerabilities. Purpose-designed micro-studios within modern private developments may command rental premiums through superior finishes, climate control, and shared facilities (co-working, fitness), offsetting HDB's lower acquisition costs; this distinction directly affects investment return profiles. Prospective buyers should request recent transaction data for comparable HDB units sold within the past 6-12 months, securing detailed information on unit type, floor level, lease tenure, and transaction price to establish whether 110A Depot Road's pricing reflects current market value or presents opportunity or risk relative to alternatives.

Which unit stack or floor level within developments like this typically represents the best value proposition?

Mid-level units (floors 8-12 in multi-storey HDB blocks) typically offer optimal value, balancing the lower pricing often available on lower-level units against the premium prices commanded by high-floor units due to light, ventilation, and privacy perceptions. Lower-level units (floors 2-5) often face marginally reduced rental demand due to noise and privacy concerns, supporting acquisition opportunities for value-conscious investors willing to accept slightly longer tenant acquisition timelines. Upper-level units command meaningful pricing premiums but attract premium tenants and owner-occupiers, generating superior rental yields and resale values at the expense of higher capital outlay; investors with flexibility on equity contribution may prefer upper-floor positioning. For 110A Depot Road specifically, prospective purchasers should verify the exact unit stack and floor level before transacting, as floor height directly influences natural light, ventilation, noise exposure, and rental marketability—considerations that may justify pricing variations across units within the same development.

What future supply pipeline exists in this district, and how might it affect 110A Depot Road's long-term value?

Monitoring the Urban Redevelopment Authority's planning documents, Housing Development Board's tender schedules, and ministerial announcements regarding forthcoming residential developments, infrastructure projects, and district regeneration initiatives provides critical insight into future neighbourhood trajectory. Proposed new MRT extensions, commercial hubs, or residential intensification projects can substantially enhance capital appreciation and rental demand for existing properties like 110A Depot Road through improved connectivity, amenity provision, and population growth. Conversely, substantial new supply entering the market without corresponding demand growth may exert downward pricing pressure, particularly if competing developments offer superior finishes or newer construction at comparable price points. Investors should engage in forward-looking district analysis, evaluating 10-15 year planning horizons rather than focusing exclusively on current market conditions; properties positioned to benefit from infrastructure improvements or intensification typically outperform those in stagnant or declining precincts over extended holding periods.

Hdb Flat At Depot Road — From S$1,200