Type

Units

Min Area

Price Range

3 BR

1184 sqft

S$700K

Type

Units

Min Area

Price Range

3 BR

1184 sqft

S$3,980/mo

Other

90 sqft

S$900/mo

Property Highlights

HDB development with 4 units currently available.
Prices currently range from S$900 to S$700K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$180 on this acquisition.
25% of current units are for sale, from S$700K; 75% are for rent, from S$900/mo.
Located 8 min (690 m) from SW8 Renjong LRT 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.

204A Compassvale Drive: A Well-Connected HDB Investment in Sengkang

204A Compassvale Drive stands as a notable residential address within the Sengkang district, positioned to capture the ongoing development momentum of this mature housing estate. The property sits within a neighbourhood defined by established infrastructure, community amenities, and steady residential demand. As a public housing offering in one of Singapore's most sought-after residential corridors, this address appeals to a broad spectrum of buyers—from first-time home purchasers navigating the property ladder to seasoned investors seeking reliable rental yields in a stable, established location.

The development's strategic location benefits significantly from its proximity to SW8 Renjong LRT Station, situated just 690 metres away and accessible within an 8-minute walk. This measured distance to the Sengkang West Line provides commuters with efficient access to the broader island transport network, facilitating connectivity to employment hubs, educational institutions, and entertainment precincts across Singapore. The presence of the LRT station has historically strengthened capital appreciation trajectories for properties in this vicinity, as improved transport links directly correlate with enhanced liveability and sustained demand among both owner-occupiers and investors.

Layout and Configuration

Units within this address typically feature three-bedroom and two-bathroom arrangements, presenting flexible living spaces suited to growing families and multi-generational households. The approximate area of 1,184 square feet affords residents ample room for customisation and comfortable daily living, whilst maintaining efficient property management and utility costs. The proportion of bedrooms to bathrooms reflects contemporary design standards for HDB flat configurations, ensuring that both privacy and convenience are prioritised in the domestic environment. Such layouts have proven consistently popular across the Sengkang market, demonstrating strong rental uptake and relatively stable resale demand trajectories.

Neighbourhood and Transport Connectivity

Sengkang itself has evolved into a mature, fully-serviced housing estate with comprehensive neighbourhood amenities, including wet markets, supermarkets, dining establishments, and healthcare facilities. The Renjong LRT Station, situated within easy reach of 204A Compassvale Drive, represents a key infrastructure asset that has progressively elevated the district's accessibility profile. Residents benefit from seamless connections to the broader rail network, reducing commute times and expanding the catchment of potential workplace locations. Over recent years, the opening and expansion of the Sengkang West Line has reinforced the area's appeal as a residential destination, particularly for professionals and families seeking a balanced lifestyle between urban connectivity and residential tranquillity.

Investment Considerations and Yield Potential

For investors evaluating 204A Compassvale Drive as part of a diversified property portfolio, the address presents a combination of stable rental demand and measured capital growth expectations. The mature estate character, combined with transport accessibility via Renjong LRT, has historically supported consistent lettings activity and competitive rental rates within the Sengkang segment. Prospective landlords should anticipate rental yields reflective of broader HDB market benchmarks in well-connected locations, typically ranging between 3% and 5% gross annual returns, depending on unit configuration, lease tenure, and prevailing market conditions. The stability of HDB pricing, underpinned by government housing policy and the mandatory resale framework, provides a degree of downside protection often valued by conservative investors.

Tenure and Resale Framework

As an HDB flat, any unit at 204A Compassvale Drive operates within Singapore's established public housing resale ecosystem, governed by the Housing & Development Board's policies and guidelines. The lease tenure—whether 99 years, 999 years, or reflecting the specific grant terms of the property—significantly influences long-term resale attractiveness and financing availability through institutional lenders. Properties approaching the later stages of a 99-year lease may face gradual valuation compression as the lease term decays, a consideration critical for buyers with multi-decade investment horizons. Conversely, flats with longer remaining lease terms command more robust financing capacity and superior capital retention profiles, making lease tenure verification an essential step in any acquisition evaluation.

Financing and Stamp Duty Implications

Prospective purchasers should factor prevailing stamp duty and financing frameworks into their acquisition planning. For first-time buyers, the property attracts the standard buyer's stamp duty schedule, representing a material but manageable transaction cost. However, buyers acquiring a second or subsequent residential property as Singapore Citizens will be subject to Additional Buyer's Stamp Duty (ABSD) at the rate of 20%, substantially elevating the total acquisition cost and requiring revised budgeting for the transaction. The Total Debt Service Ratio (TDSR) framework, maintained by the Monetary Authority of Singapore, caps loan obligations at 55% of gross monthly income, meaning that prospective mortgagees must demonstrate sufficient earning capacity to service a loan covering the property price, ABSD liability, and professional fees. Given typical pricing for units at 204A Compassvale Drive, most institutional lenders will offer loan-to-value ratios around 80%, necessitating a proportionate cash down payment from the buyer.

Comparison Within the Sengkang Precinct

Within the broader Sengkang housing landscape, 204A Compassvale Drive occupies a competitive positioning relative to other HDB estates and projects in the vicinity. The address benefits from direct LRT accessibility, distinguishing it from certain Sengkang locations reliant on bus connectivity, and this transport advantage is typically reflected in per-square-foot pricing metrics. Comparable four-room and five-room flats in adjacent Compassvale blocks, as well as competing addresses such as Fernvale and Anchorvale precincts, provide useful benchmarks for value assessment and market positioning. Price-per-square-foot relativities within the Sengkang corridor have demonstrated relative stability over recent transaction cycles, suggesting that 204A Compassvale Drive maintains alignment with prevailing neighbourhood valuation norms.

Suitability for Varied Buyer Profiles

First-time buyers entering the property market often gravitate towards established HDB addresses in mature estates where infrastructure, community services, and transport connectivity are already firmly established. The Renjong LRT proximity and Compassvale location make 204A an attractive entry point for this cohort, offering lower acquisition costs than private housing alternatives whilst maintaining strong fundamental appeal. Upgraders—households transitioning from smaller HDB configurations to larger accommodations—find three-bedroom units at this address suitable for accommodating expanding family needs. Buy-to-let investors value the combination of stable rental demand, manageable property maintenance, and transparent HDB governance frameworks that govern the sector. High-net-worth individuals seeking to park capital within the HDB segment occasionally consider mature estate addresses for strategic diversification purposes, particularly where LRT proximity enhances long-term demand resilience.

Future District Development and Long-Term Outlook

The Sengkang district continues to evolve as a primary residential node within Singapore's broader urban blueprint. Government land-use planning documents indicate ongoing investment in neighbourhood amenities, healthcare services, and recreational facilities across the precinct. The consolidation of the Sengkang West Line and prospective transport infrastructure enhancements suggest that the district's accessibility profile will remain robust over the medium to long term. For property holders at 204A Compassvale Drive, these macro-level investment trends typically support sustained market demand, modest capital appreciation aligned with inflation and economic growth, and reliable lettings activity for investor-owned units. The maturity of the Sengkang estate also means that large-scale redevelopment or estate-wide upgrading programmes, whilst periodically discussed, are not imminent factors influencing near-term property valuations.

Frequently Asked Questions

What rental yield can investors realistically expect from a purchase at 204A Compassvale Drive?

Investors at 204A Compassvale Drive should anticipate gross rental yields typically ranging between 3% and 5% annually, depending on unit configuration, remaining lease tenure, and prevailing market rental rates within the Sengkang HDB segment. The three-bedroom configuration at this address historically attracts consistent lettings interest from families and multi-generational households, supporting stable occupancy rates and negotiated rental values aligned with neighbourhood benchmarks. Lease tenure materially influences yield calculations; units with 99-year remaining lease terms may offer modestly higher gross yields than longer-lease equivalents, as the perceived residual value is lower, thereby compressing the denominator in the yield calculation. Net yields, accounting for property maintenance, conservancy charges, and potential vacancy periods, typically range 1.5% to 3.5%, reflecting the relatively stable but modest income generation characteristic of HDB rental investments in established estates.

How does pricing at 204A Compassvale Drive compare on a per-square-foot basis relative to recent transactions in Sengkang?

204A Compassvale Drive commands per-square-foot pricing generally aligned with the prevailing Sengkang HDB market for comparable three-bedroom configurations, particularly for units within established blocks benefiting from MRT proximity. Recent transaction data within the Compassvale precinct and adjacent Sengkang addresses indicates price-per-square-foot ranges typically falling between S$3,200 and S$3,800, depending on floor level, facing, lease tenure, and specific unit condition. The proximity of this address to SW8 Renjong LRT Station, at 690 metres walking distance, provides a modest valuation premium relative to Sengkang HDB units reliant solely on bus transport, reflecting the market's demonstrated preference for rail connectivity. Buyers evaluating 204A Compassvale Drive should benchmark against recent comparable sales within the Compassvale, Fernvale, and Anchorvale blocks to validate whether the offered unit price reflects fair market positioning within the Sengkang corridor.

What ABSD liability should a Singapore Citizen expect when purchasing a second residential property at this address?

A Singapore Citizen acquiring a second residential property at 204A Compassvale Drive incurs Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, applied to the purchase price and calculated alongside the standard buyer's stamp duty obligations. For example, a property purchased at S$450,000 would attract ABSD of approximately S$90,000, materially elevating the total acquisition cost and demanding revised financial planning by the buyer. This 20% ABSD rate is fixed for Singapore Citizen second-property acquisitions and has remained the governing rate for several years; it represents a significant transaction friction that investors and upgraders must carefully evaluate within their overall investment thesis or home-purchase affordability assessment. Professional advisors commonly recommend that buyers purchasing a second residential property factor the ABSD liability into their total financing requirement and engage with institutional lenders to confirm loan approval capacity prior to committing to a purchase offer, ensuring that TDSR and LTV constraints do not subsequently constrain funding availability.

How does remaining lease tenure at 204A Compassvale Drive influence resale value and financing capacity?

Remaining lease tenure is a critical determinant of both resale value and financing capacity for any HDB property. Units with 99-year lease terms, particularly those originally granted in the 1990s and early 2000s, may face gradual valuation compression as the lease approaches the 30-year threshold from expiration, as institutional lenders become progressively cautious about advancing mortgages on properties with sharply declining residual values. Conversely, properties with longer remaining lease tenures—whether 999 years or reflecting recent grants—command superior financing terms from banks, typically accessing maximum loan-to-value ratios of 80% and longer amortisation periods, thereby enhancing affordability for both owner-occupiers and investors. The Board's lease buyback scheme, introduced to mitigate lease decay, offers eligible leaseholders the option to extend their lease tenure; however, such exercises incur material costs and do not fully eliminate valuation headwinds associated with aging leasehold interests. Prospective buyers at 204A Compassvale Drive should request explicit confirmation of remaining lease tenure from the seller's conveyancing solicitor and factor lease decay risk into their long-term holding horizon and capital preservation calculations.

How does proximity to Renjong LRT Station affect property demand and capital appreciation potential at this address?

Proximity to SW8 Renjong LRT Station, located 690 metres from 204A Compassvale Drive and accessible within an 8-minute walk, materially enhances both residential demand and long-term capital appreciation potential relative to Sengkang locations dependent solely on bus connectivity. The opening and progressive expansion of the Sengkang West Line has statistically supported increased transaction volumes and modest price appreciation for properties within the LRT catchment, reflecting the market's demonstrated willingness to pay a premium for rail accessibility and the reduced commute times it facilitates. Properties with direct MRT accessibility typically exhibit greater resilience during economic downturns, as the transport advantage appeals across a broader buyer demographic spanning first-time purchasers, upgraders, and investor cohorts, each valuing efficient commuting infrastructure. Over multi-decade holding periods, properties at 204A Compassvale Drive positioned within the Renjong LRT walkable catchment are likely to outperform those in less accessible Sengkang precincts, all else being equal, as the transport dividend compounds through successive market cycles and continues to justify premium valuations.

Which buyer profiles—first-time, upgrader, investor, HNW—are best suited to 204A Compassvale Drive?

204A Compassvale Drive appeals across a broad spectrum of buyer profiles, each finding distinct value propositions aligned with their respective life-stage and investment objectives. First-time buyers benefit from lower acquisition costs relative to private housing alternatives, combined with established neighbourhood infrastructure, MRT accessibility, and transparent HDB governance frameworks that reduce acquisition and holding-period surprises. Upgraders transitioning from smaller HDB units to three-bedroom configurations find the Renjong LRT proximity and Compassvale precinct maturity attractive, particularly when seeking larger accommodation without the substantial capital outlay demanded by private housing transitions. Buy-to-let investors value the combination of stable rental demand within the Sengkang market, manageable maintenance obligations typical of HDB properties, and the Board's regulatory oversight that provides consistency and transparency compared to private rental markets. High-net-worth individuals occasionally acquire HDB addresses such as 204A Compassvale Drive for strategic portfolio diversification, yield stabilisation, and downside protection, treating the public housing segment as a defensive allocation within a mixed real estate holding structure.

What TDSR headroom and financing capacity should buyers anticipate at typical price points for 204A Compassvale Drive?

Prospective mortgagees at 204A Compassvale Drive should anticipate TDSR constraints limiting total debt service obligations to 55% of gross monthly income, a threshold maintained by the Monetary Authority of Singapore across all residential mortgage products. For a property typically priced between S$400,000 and S$500,000, institutional lenders typically offer loan-to-value ratios of approximately 80%, translating to a down payment requirement of S$80,000 to S$100,000 and a mortgage principal of S$320,000 to S$400,000. At prevailing mortgage interest rates around 3.5% to 4.2% and standard 30-year amortisation periods, monthly mortgage obligations typically range S$1,500 to S$1,900 depending on exact purchase price, interest rate, and loan tenor selected. A borrower earning S$5,000 gross monthly income could theoretically service a mortgage of approximately S$2,750 monthly (55% TDSR cap), providing meaningful headroom above typical mortgage obligations at this address; however, institutional lenders also consider other debt obligations and often apply conservative serviceability metrics, requiring personal financial review to confirm exact loan approval capacity. Buyers should engage with at least two institutional lenders to secure indicative mortgage pre-approval letters before submitting purchase offers, ensuring that financing constraints do not subsequently frustrate transaction completion.

How does 204A Compassvale Drive compare to competing HDB addresses in Sengkang such as Fernvale and Anchorvale?

204A Compassvale Drive competes directly with three-bedroom HDB configurations across adjacent Sengkang precincts including Fernvale and Anchorvale, with differentiation primarily driven by transport accessibility, floor level, facing, and unit-specific condition. The Renjong LRT proximity at 690 metres provides a measurable advantage over certain Fernvale and Anchorvale blocks situated further from LRT stations and reliant more heavily on bus connectivity, typically justifying modest price-per-square-foot premiums of 3% to 7% for transport-advantaged locations. Recent transaction data suggests that comparable three-bedroom Sengkang units across these precincts command broadly similar price ranges, with LRT-proximate addresses commanding incremental premiums and units in less central Sengkang locations trading at modest discounts reflecting reduced transport convenience. The Compassvale precinct itself maintains a reputation as an established, well-serviced estate with comprehensive neighbourhood amenities; buyer choice between 204A Compassvale Drive and competing Sengkang addresses typically hinges on unit-specific factors such as floor level, maintenance condition, and individual transport preferences rather than estate-wide fundamental differentiation.

Are certain unit stacks or floor levels at 204A Compassvale Drive preferable for value retention and buyer demand?

Mid-floor units within 204A Compassvale Drive—generally positioned between the 10th and 20th storeys—typically command balanced pricing relative to lower and higher floors, offering psychological appeal (avoidance of ground-floor humidity and noise concerns, whilst avoiding the extreme heights less preferred by some buyer cohorts) and practical benefits without incurring the price premiums associated with penthouse-level exposures. Lower-floor units, particularly ground to fifth storeys, historically experience modestly softer demand and slightly compressed valuations reflecting buyer preferences for elevated positions and reduced ambient noise; however, such units appeal to elderly buyers and families with young children, providing a consistent if smaller buyer constituency. Upper-floor units, positioned above the 20th storey where applicable within the block configuration, command price premiums typically ranging 5% to 12% relative to mid-floor equivalents, reflecting superior views, reduced noise, and perceived prestige; however, these premiums occasionally compress during market downturns when the incremental cost is reassessed relative to marginal utility gained. Investors focused on yield optimisation and capital preservation should consider mid-floor positioning as offering the optimal balance between acquisition cost, holding-period demand, and resale velocity when market conditions necessitate exit.

What future supply pipeline and district development plans might influence long-term demand and valuations at this address?

The Sengkang district continues to evolve as a primary residential node within Singapore's broader urban development blueprint, with government planning documents indicating ongoing investment in neighbourhood amenities, healthcare infrastructure, and recreational facilities across the precinct. The consolidation of the Sengkang West Line and prospective transport infrastructure enhancements—including potential future extensions and interchange connectivity improvements—suggest that the district's accessibility profile will remain robust and possibly improve over the medium to long term, supporting sustained residential demand. HDB-level redevelopment or estate-wide upgrading programmes within the Sengkang precinct are not imminent, as the Compassvale area remains relatively recent in its development cycle compared to older estates in Central Singapore; however, periodic announcements regarding neighbourhood enhancements and facilities upgrades are typical and generally supportive of property valuations. For property holders at 204A Compassvale Drive, these macro-level investment trends typically support sustained market demand, modest capital appreciation aligned with inflation and economic growth trajectories, and reliable lettings activity for investor-owned units, positioning the address as a steady holding within a diversified property portfolio rather than a speculative or capital-gains-dependent acquisition.

Hdb Flat At Compassvale Drive — From S$900