Type

Units

Min Area

Price Range

5 BR

1636 sqft

S$7,000/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$7,000.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1,400 on this acquisition.
Located 6 min (510 m) from EW11 Lavender 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.

462 Crawford Lane: Established Residential Living in Lavender

462 Crawford Lane stands as a well-established residential development positioned in the heart of Lavender, one of Singapore's most strategically located neighbourhoods. The development offers a range of spacious unit configurations, with multiple bedrooms and bathrooms across generous floor areas, catering to households seeking expansive layouts without compromising on accessibility to the city's core infrastructure.

The proximity to EW11 Lavender MRT Station represents a defining feature of this development's appeal. Situated a mere six-minute walk away, the station provides seamless connectivity across the East-West Line, linking residents directly to employment centres, retail destinations, and entertainment precincts throughout Singapore. This transport advantage has historically underpinned steady demand for residential stock in the Lavender area, as both owner-occupiers and investors recognise the value embedded in MRT-proximate locations.

Location and Connectivity

Lavender's position within the central region of Singapore positions residents within reach of diverse lifestyle amenities. The neighbourhood has matured into a settled residential enclave with supporting infrastructure including local shops, food establishments, and community facilities that cater to daily living needs. The development's address at Crawford Lane situates it within a precinct characterised by established HDB stock, contributing to a stable community environment and predictable property dynamics.

The East-West Line connection via Lavender MRT extends accessibility across a broad swathe of Singapore's geography. Commuters heading towards the Central Business District, Marina Bay financial centre, or Changi Airport benefit from straightforward rail access. This connectivity profile has reinforced Lavender's status as a preferred residential base for professionals, families, and long-term occupants seeking balance between urban convenience and residential tranquillity.

Unit Specifications and Space

The development encompasses units with multiple bedroom and bathroom configurations spread across substantial floor areas. These larger floor plates appeal particularly to households requiring dedicated spaces for work-from-home arrangements, extended family living, or those prioritising personal space and comfort. The generous square footage on offer distinguishes 462 Crawford Lane from many comparable developments, making it especially suitable for buyers seeking to maximise living area within a central location.

The combination of size and configuration flexibility allows prospective buyers to select units that align with evolving household compositions. Whether occupied by multi-generational families, professional couples, or individuals seeking spacious independent living, the development's unit range accommodates diverse residential profiles without requiring compromises on usable floor space.

Investment and Rental Dynamics

As a rental property, units at 462 Crawford Lane benefit from the underlying strength of Lavender's rental market. The neighbourhood attracts tenants seeking central accessibility combined with established residential character. The MRT proximity translates into strong appeal among expatriate professionals, corporate relocations, and individuals prioritising efficient commute patterns. Rental rates for spacious configurations in this precinct remain competitive relative to comparable developments, positioning the stock as a viable investment consideration for portfolio builders.

The development's maturity within the residential landscape means established tenant demand, established property management systems, and familiar leasing patterns. Investors evaluating 462 Crawford Lane as part of a rental portfolio benefit from precedent transaction data, clear market rental benchmarks, and an established tenant base within the Lavender catchment. The central location and reliable transport connectivity sustain consistent occupancy levels across comparable stock in the area.

Buyer Profile Suitability

462 Crawford Lane appeals across multiple buyer demographics. First-time upgraders transitioning from smaller units find the expanded space and established neighbourhood appeal particularly relevant. Multi-generational families benefit from the room to accommodate parents, working adults, and younger members within a single cohesive residence. High-net-worth individuals seeking stable central residential assets appreciate the location's proven track record and consistent capital appreciation trajectory.

Owner-occupiers valuing the combination of spacious interiors and transport convenience represent the core market segment. The development equally attracts investors positioning rental stock within Singapore's central districts, where both expatriate demand and local tenant interest remain robust. The flexibility of the unit configuration range means prospective buyers across different segments and household structures can identify suitable options.

Market Position and Demand

Lavender's established status within Singapore's residential hierarchy ensures sustained demand across economic cycles. The neighbourhood remains a preferred location for buyers seeking central positioning without the premium commanded by more densely developed or newly launched developments. 462 Crawford Lane benefits from this steady underlying demand, contributing to stable property valuations and predictable rental market participation.

The development's positioning as an established HDB stock within a well-known precinct differentiates it from newer launches that may carry pricing premiums or uncertain demand patterns. Buyers and investors evaluate 462 Crawford Lane within a transparent market context, with clear comparable transactions, known tenant demographics, and established pricing baselines.

Practical Considerations for Prospective Buyers

The development's MRT accessibility means residents enjoy unparalleled transport flexibility. Whether commuting to employment, accessing retail and leisure facilities, or managing city-wide appointments, the proximity to Lavender MRT substantially reduces travel friction. This practical advantage translates into measurable quality-of-life benefits and sustained property market appeal.

The spacious unit configurations reduce constraints often encountered in smaller formats, enabling households to maintain separation between work and relaxation areas, accommodate visiting family members, and pursue personal interests without spatial compromise. The generous floor areas also provide flexibility for future modifications or adaptations should household circumstances evolve, a consideration particularly relevant for long-term occupants.

Frequently Asked Questions

What rental yield can investors expect from units at 462 Crawford Lane?

Rental yields for spacious HDB configurations in Lavender typically range from 3% to 4% gross annually, depending on unit size, floor level, and exact orientation. The development's proximity to Lavender MRT and central location attracts both expatriate professionals and local tenants seeking accessible residential stock, supporting consistent occupancy rates and rental momentum. The larger floor plates command premium rental rates relative to smaller configurations, positioning units at 462 Crawford Lane favourably within the Lavender rental market. Investors should factor in management fees, maintenance costs, and potential void periods when calculating net yields; however, the established tenant base and reliable market demand in this precinct historically support investor returns.

How does the per-square-foot pricing at 462 Crawford Lane compare to recent Lavender transactions?

Lavender's HDB market has experienced gradual appreciation, with established stock typically transacting in the range of S$1,000 to S$1,300 per square foot for larger units, depending on floor level, unit age, and specific configuration. 462 Crawford Lane, as an established development with proven tenant demand and reliable transport connectivity, positions competitively within this spectrum. Comparable recent transactions in the immediate vicinity provide clear benchmarks for valuation; the development's central location and MRT proximity typically command pricing towards the higher end of Lavender's range. Buyers should review recent Arms Length Transactions (ALTs) published by the Urban Redevelopment Authority to contextualise current pricing against recent comparable sales.

What Additional Buyer's Stamp Duty (ABSD) applies if I purchase 462 Crawford Lane as a second property?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, calculated on the purchase price above S$180,000. For example, purchasing a unit at S$700,000 would trigger ABSD of 20% on S$519,800 (S$700,000 minus S$180,000), resulting in approximately S$103,960 in ABSD liability. This represents a significant cost consideration requiring careful financial planning; prospective second-property buyers should factor ABSD into their total acquisition costs alongside conveyancing fees, mortgage insurance, and surveying expenses. Consulting a conveyancing lawyer or financial advisor is essential to understand the complete tax implications specific to your transaction circumstances.

What is the lease tenure at 462 Crawford Lane, and how does lease decay affect resale value?

462 Crawford Lane is HDB stock governed by a 99-year lease from the date of original grant by the Housing and Development Board. Lease decay becomes a material consideration as the remaining tenure approaches 60 years; most institutional buyers and mortgage providers begin applying valuation discounts once lease tenure drops below this threshold, and discounts typically accelerate as the lease shortens further. HDB properties with remaining tenure above 70 years experience minimal lease decay impact; however, buyers purchasing now should remain mindful of the long-term resale implications as the lease horizon gradually contracts. The HDB lease extension scheme does offer options for leaseholders to extend tenure in specified circumstances, though extension eligibility depends on property age and other criteria. Prospective buyers should verify the exact remaining lease tenure before purchase and factor potential extension costs into long-term ownership planning.

How does the 6-minute walk to Lavender MRT station influence property demand and capital appreciation?

MRT proximity represents one of the strongest drivers of residential demand and capital appreciation in Singapore; locations within a 5 to 10-minute walk of major stations consistently command pricing premiums and experience steadier value growth than non-MRT-proximate stock. Lavender MRT provides East-West Line connectivity directly to the Central Business District, Changi Airport, and multiple employment and leisure destinations, creating sustained tenant demand and owner-occupier appeal. The development's 6-minute walk distance positions it comfortably within the optimal MRT proximity band, supporting both rental uptake and capital growth momentum. Historical data demonstrates that HDB properties within this distance gradient experience superior value retention and appreciation relative to more distant stock, particularly during economic downturns when transport accessibility becomes a premium consideration. This MRT advantage underscores 462 Crawford Lane's market positioning as a location commanding investor confidence and buyer demand.

Is 462 Crawford Lane suitable for first-time buyers, or better suited to upgraders and investors?

The development appeals across multiple buyer categories including first-time buyers, upgraders, and investors, though suitability depends on individual financial capacity and residential priorities. First-time buyers benefit from the established location, transparent comparable market data, and rental income potential if purchasing with investment intent. Upgraders transitioning from smaller units find the spacious configurations and reliable central location particularly compelling, especially those seeking to accommodate growing families or multi-generational living arrangements. Investors appreciate the stable rental demand, established tenant market, and proven capital appreciation track record within Lavender. The range of unit configurations available allows different buyer profiles to select options aligned with their specific requirements; a first-time buyer might prioritize affordability within the development's range, whilst an upgrader might prioritise floor level or orientation. Financial capacity for down payment, mortgage servicing, and potential ABSD liability (for second-property buyers) ultimately determines suitability across buyer segments.

What TDSR (Total Debt Servicing Ratio) and mortgage financing headroom should I expect at typical price points?

At typical price points for spacious configurations at 462 Crawford Lane ranging from S$600,000 to S$900,000, most buyers finance approximately 75% to 80% of the purchase price, resulting in mortgage balances between S$450,000 and S$720,000. Assuming current HDB mortgage interest rates around 2.6% per annum, monthly mortgage servicing costs range from approximately S$1,900 to S$3,100 depending on loan tenure (typically 25 to 30 years). The TDSR framework limits total monthly debt obligations to 60% of gross household income; buyers should verify their total debt obligations including car loans, personal loans, and credit card commitments to confirm lending eligibility. For couples with combined household income of S$8,000 monthly, TDSR headroom permits total debt servicing of approximately S$4,800, leaving capacity for the mortgage above after accounting for other obligations. Prospective buyers should obtain pre-approval from HDB or banks to confirm specific financing capacity based on their individual income and debt profile before committing to purchase.

How does 462 Crawford Lane compare to competing HDB developments in Lavender and nearby precincts?

Lavender comprises multiple HDB estates and developments offering varying configurations, ages, and positioning; developments immediately adjacent to 462 Crawford Lane include other mature stock with comparable age profiles and unit ranges. The key differentiation typically centres on specific floor level availability, block orientation, proximity to MRT within the precinct, and any unique amenity or facility differences. Nearby competing precincts such as Kallang and Geylang offer HDB alternatives within similar distance bands to MRT stations, though each precinct carries distinct character, tenant demographics, and pricing positioning. Kallang developments benefit from newer estate infrastructure and potentially stronger CGE (Collector and Green Environment) features, whilst Geylang encompasses diverse stock age and configurations with stronger historic pricing baselines. Buyers evaluating 462 Crawford Lane should compare it against immediate Lavender alternatives first, then broaden to Kallang and Geylang benchmarks to contextualise value proposition. The established reputation and rental track record of 462 Crawford Lane within the Lavender market provides relative certainty compared to newer launches, though this may be offset by premium pricing versus less-established alternatives.

Which unit stacks or floor levels at 462 Crawford Lane represent the best value?

Floor level selection significantly influences both pricing and perceived desirability within HDB developments; mid-level units (typically floors 7 to 15) balance natural light, safety perception, and lift accessibility against the pricing premiums commanded by higher levels. Lower floor units (levels 1 to 6) often price at discounts of 5% to 12% versus comparable mid-level units, sometimes reflecting preferences for noise reduction and reduced climbing distance, though some buyers perceive these levels as less desirable. Higher floor units (levels 16 and above) command premiums of 8% to 15% reflecting superior light, views, and reduced noise from ground-level traffic, though these incremental costs may not justify returns for rental investors focused purely on yield. Corner units typically price 3% to 8% above comparable internal units, reflecting enhanced light and ventilation but with reduced rental premium recognition. For value-conscious buyers prioritising investment returns, mid-level internal stack units often represent optimal pricing relative to tenant appeal; for owner-occupiers prioritising personal comfort and light, higher floors justify premium pricing despite reduced yield implications.

What future housing supply pipeline exists in Lavender and surrounding districts, and how might this affect 462 Crawford Lane demand?

Singapore's Housing and Development Board publishes forward planning information regarding future estate upgrading, intensification, and new development within Lavender and adjacent precincts; however, the mature status of Lavender and constrained land availability within the central region limit substantial new HDB supply introduction in the near to medium term. The focus within established central precincts typically shifts towards estate renewal, Selective En Bloc Redevelopment Scheme (SERS) acquisitions, and improvement initiatives rather than wholesale new supply. Adjacent Kallang and Geylang precincts have historical new launch activity; however, intensive development in these areas combined with limited remaining developable land similarly constrains substantial future supply growth. The Central Business District intensification policy prioritises commercial and mixed-use development rather than residential housing, protecting residential precincts including Lavender from competing commercial encroachment. This supply constraint dynamic supports medium to long-term demand resilience for existing stock at 462 Crawford Lane; limited new supply introduction means established developments maintain value relevance and rental market stability. Prospective buyers and investors can reasonably expect demand to remain robust given constrained future supply and continued population growth within Singapore's central region.

Hdb Flat At Crawford Lane — From S$7,000