Type

Units

Min Area

Price Range

3 BR

1281 sqft

S$2.2XM – S$2.5XM

Property Highlights

Three-bedroom, three-bathroom residence spanning 1,496 square feet at 67 Hume Avenue
Positioned just 690 metres from Hume MRT Station on the Downtown Line, ensuring swift connectivity across Singapore
Priced at S$2,580,000, offering compelling value within the central precinct's competitive market landscape
Modern condominium living with proximity to established residential amenities and transport networks
Strategic location balancing urban convenience with neighbourhood character in a sought-after corridor

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Ref: 23177314

Hillview Green: A Three-Bedroom Haven Near Hume MRT

Hillview Green presents a compelling opportunity for discerning buyers seeking a well-proportioned three-bedroom residence in one of Singapore's most accessible neighbourhoods. Situated at 67 Hume Avenue, this 1,496-square-foot condominium merges thoughtful spatial design with genuine proximity to essential transport infrastructure, positioning itself as a standout choice within the current market.

The property's location on Hume Avenue places it within a vibrant mixed-use corridor where residential calm coexists with practical convenience. The proximity to Hume MRT Station—just eight minutes' walk or 690 metres away—represents a substantial advantage for daily commuters and professionals requiring reliable connectivity. The Downtown Line's presence in this locale has historically supported sustained property values and rental demand, making this a particularly strategic address for both owner-occupiers and investors alike.

Living Space and Layout

The 1,496-square-foot floor plan accommodates three generously proportioned bedrooms, each capable of serving distinct family needs or providing flexibility for home office arrangements. Three full bathrooms eliminate morning bottlenecks common in many residential units, whilst the overall layout suggests thoughtful zoning that separates private quarters from social spaces. This configuration appeals broadly to upgraders transitioning from smaller units, young families seeking room to grow, and professionals desiring dedicated home-working facilities.

The asking price of S$2,580,000 reflects current market positioning for three-bedroom stock in proximity to established MRT corridors. On a per-square-foot basis, this represents the contemporary benchmark for condominium living in the Hume Avenue precinct, where transport accessibility commands a material premium over outlying areas. Recent transactions across comparable developments in this radius suggest pricing consistency, though individual unit variables—floor level, facing direction, and renovation condition—continue to influence final values.

Transport and Accessibility

The eight-minute walk to Hume MRT Station ranks among Singapore's more pedestrian-friendly distances, with direct access via the Downtown Line connecting southbound to Telok Ayer and Marina Bay, or northbound through Bukit Panjang towards Chinatown. This routing unlocks employment corridors throughout the financial district, legal quarter, and evolving innovation precincts clustered around the eastern sector. For buyers reliant on public transport, this proximity materially reduces journey variability and expands practical employment geography.

The Downtown Line's maturity and reliability have demonstrated sustained influence over property demand in surrounding areas. Hume Station itself serves as an interchange point for bus services, further extending connectivity to secondary destinations without requiring additional rail changes. This multi-modal accessibility has consistently supported capital appreciation across the wider precinct, as transport-proximate properties typically outperform distant alternatives during both market upturns and relative downturns.

Neighbourhood Context

The Hume Avenue corridor balances residential tranquility with proximity to established shopping, dining, and community amenities. The immediate vicinity includes family-focused retail centres, hawker facilities catering to diverse culinary preferences, and green spaces supporting weekend recreation. Schools within reasonable distance serve various academic levels, whilst healthcare facilities and banking services cluster nearby, creating a self-sufficient residential ecosystem.

The neighbourhood's evolution reflects Singapore's planning approach of mixed-use development, avoiding the monotony of purely residential or purely commercial zones. This heterogeneity strengthens resilience during economic fluctuations, as demand sustains across multiple user categories rather than depending solely on residential buyer sentiment. The result is a stable, mature precinct with established reputation and consistent transaction activity.

Investment Perspective

For owner-occupiers, the three-bedroom configuration at this price point represents efficient use of capital compared to upgrading to larger units in equivalent locations. The S$2,580,000 price sits comfortably within financing thresholds for qualified buyers, typically requiring total debt servicing ratios substantially below regulatory ceilings. Monthly mortgage obligations on standard ten-year tenure would range between S$2,000 and S$2,500, depending on prevailing rate environments and individual loan structures.

Investors evaluating this property as a rental asset should consider anticipated yields derived from comparable lettings in the area. Three-bedroom units near MRT stations typically command monthly rents between S$3,800 and S$4,500, translating to gross yields in the region of 1.8 to 2.1 percent annually. Whilst modest compared to outer-ring developments, this return reflects the lower capital outlay required and the superior tenant acquisition ease associated with transport proximity—a meaningful consideration for landlords seeking rapid lease-up and tenant stability.

Lease Tenure and Resale Implications

Understanding the remaining lease tenure proves essential before purchase, as lease decay directly influences future resale values and financing availability. Properties approaching 80 years of remaining tenure begin experiencing meaningful valuation compression, particularly from institutional buyers requiring stricter loan-to-value ratios. The current lease position should be clarified with the vendor's solicitors, as this variable will materially affect long-term capital preservation and your financing options should you sell within ten to fifteen years.

Properties in established precincts like Hume Avenue have historically demonstrated resilience through lease decay cycles, though degradation accelerates noticeably beyond the 75-year threshold. If remaining lease stands above 90 years, resale prospects remain robust across typical holding periods. Conversely, if tenure has fallen below 85 years, factoring in potential lease top-up costs in future sale scenarios becomes prudent financial planning.

Buyer Suitability Matrix

High-net-worth individuals may view this asset as a complementary holding within a diversified residential portfolio, particularly if seeking a liquid, centrally-located property requiring minimal active management. The transport accessibility and established neighbourhood character align with investor preferences for low-stress, administratively simple holdings yielding consistent modest returns.

Upgraders transitioning from two-bedroom to three-bedroom units find compelling value in this price bracket, gaining meaningful space without overextending into the premium tiers reserved for ultra-central or waterfront precincts. The financing headroom at S$2,580,000 remains substantial for buyers with existing equity, allowing transition without excessive leverage.

First-time buyers approaching the S$2.5 million threshold should carefully model mortgage repayments against household income, ensuring TDSR compliance with comfortable margins. The three-bedroom footprint provides genuine long-term habitability, avoiding the necessity to re-upgrade within five to seven years as family circumstances evolve.

Market Trajectory and Supply Pipeline

The wider Bukit Merah and Hume Avenue corridor continues experiencing selective intensification through enbloc exercises and smaller infill developments, though large-scale new supply remains limited. This constrained pipeline supports pricing stability, as demand from upgraders and investors remains consistently robust relative to available stock. The Downtown Line's maturity—now operational for over a decade—means headline infrastructure benefits have already been reflected in pricing; further appreciation will derive from general economic growth and scarcity value rather than anticipatory infrastructure leverage.

Future developments in neighbouring areas may attract marginal buyer interest toward newer stock, yet the established neighbourhood character and proven transport convenience of Hume Avenue ensure continued relevance within buyer preference rankings. The property's value proposition strengthens as Singapore's planning framework continues constraining new residential supply in central precincts.

Conclusion

Hillview Green at 67 Hume Avenue represents a prudently-priced, well-positioned three-bedroom condominium aligned with contemporary preferences for transport-proximate, self-contained residential living. The S$2,580,000 asking price balances contemporary market benchmarks with the genuine accessibility advantages embedded in this location. Whether acquired for personal occupation, investment purposes, or portfolio diversification, the property merits serious consideration among buyers seeking stability, liquidity, and practical neighbourhood infrastructure.

Frequently Asked Questions

What gross rental yield should I expect if I purchase Hillview Green as an investment property?

Three-bedroom units in the Hume Avenue precinct typically command monthly rents ranging from S$3,800 to S$4,500, depending on unit-specific amenities, floor level, and facing direction. At the S$2,580,000 purchase price, this translates to a gross rental yield of approximately 1.8 to 2.1 percent annually. Whilst this yield sits below outer-ring developments, the superior tenant acquisition velocity near MRT stations and lower vacancy risk offset the modest percentage, as landlords typically achieve rapid lease-up and stable long-term occupancy. The transport proximity also attracts institutional tenants and corporate housing demand, potentially commanding premium rental rates for well-maintained units.

How does the S$2.58M price compare to recent per-square-foot transactions in the Hume Avenue area?

The S$2,580,000 asking price for 1,496 square feet equates to approximately S$1,724 per square foot, aligning with contemporary benchmarks for three-bedroom stock within eight minutes' walk of MRT stations in this district. Recent comparable transactions within the Hume Avenue corridor suggest pricing consistency in the S$1,650 to S$1,800 psf range for units of comparable size and condition. Premium units featuring superior aspects, recent renovations, or higher floor levels have achieved toward the upper bound, whilst those requiring cosmetic work or lower-floor positioning typically settle toward the lower quartile. The current asking price reflects fair market valuation without appearing stretched relative to established peer transactions.

What Additional Buyer's Stamp Duty implications apply if I'm purchasing this as a second property?

The Additional Buyer's Stamp Duty (ABSD) for second property purchases triggers at S$2,580,000, placing this transaction at the higher ABSD tier. Second-property purchasers face a 15 percent ABSD levy on the purchase price, equating to approximately S$387,000 in additional duty beyond standard stamp duty. Singapore citizens purchasing a second property must budget this substantial upfront cost into their acquisition economics; foreigners face even higher ABSD at 20 percent (S$516,000). For investors evaluating this property's yield, ABSD represents significant capital outlay reducing initial cash-on-cash returns, though it applies only once at purchase rather than recurring annually. Many investors factor ABSD recovery into their long-term hold strategy, requiring four to seven years of accumulated rental yield and capital appreciation to offset the initial duty burden.

What lease tenure does Hillview Green carry, and how does remaining lease length affect resale value?

The lease tenure must be verified directly with the vendor's legal representatives, as this variable materially influences both current valuation and future resale prospects. Properties with remaining lease exceeding 90 years experience minimal tenure-related valuation drag and retain conventional financing accessibility for subsequent buyers. Units falling below the 80-year threshold begin experiencing material value compression, as institutional buyers and mortgage lenders impose stricter loan-to-value ratios for properties approaching lease expiry. If Hillview Green carries lease tenure between 85 and 95 years, the current S$2.58M price reflects appropriate market positioning, though refinancing or resale within 15-20 years may encounter increasingly restrictive financing terms. For buyers with multi-decade holding horizons, lease top-up costs should be factored into long-term financial planning, particularly if tenure has declined below 85 years at purchase.

How does proximity to Hume MRT Station influence long-term capital appreciation and buyer demand?

The eight-minute walk to Hume MRT Station on the Downtown Line represents a substantive demand driver historically supporting above-inflation capital appreciation across the surrounding precinct. Properties within 700 metres of MRT stations in Singapore typically appreciate 0.5 to 1.5 percent faster annually than equivalent units two to three kilometres distant, reflecting the transport premium embedded in suburban buyer preferences. The Downtown Line's maturity—operational since 2015—means headline connectivity benefits have been largely capitalised into current pricing, yet the perennial scarcity value of MRT-proximate stock ensures continued support for steady capital preservation. Hume Station's position as an interchange hub with bus services further strengthens appeal, broadening tenant acquisition pools for investors and shortening commute times for owner-occupiers across multiple employment zones. Future property valuations in this precinct will continue reflecting transport convenience as a foundational pricing determinant.

Which buyer profile—HNW investor, upgrader, first-timer, or landlord—is best suited to this property?

High-net-worth investors regard this property as a complementary core holding within diversified residential portfolios, valuing its established neighbourhood stability, liquid buyer base, and administratively straightforward management. Upgraders transitioning from two-bedroom to three-bedroom units find compelling equity deployment at this price point, gaining material living space without entering the premium tiers reserved for ultra-central or waterfront precincts. First-time buyers approaching the S$2.5 million threshold face careful TDSR modelling but may justify this purchase if household income supports comfortable debt servicing with adequate safety margins, given the three-bedroom footprint's long-term habitability avoiding premature re-upgrading. Landlord-investors seeking modest yields with superior tenant quality and rapid lease-up typically favour this transport-proximate positioning, accepting lower percentage yields in exchange for operational simplicity and institutional tenant accessibility. Each buyer profile finds justifiable value, though financing capacity and investment objective clarity prove essential before proceeding.

What TDSR headroom exists at S$2.58M, and what household income level comfortably supports financing?

Total Debt Servicing Ratio regulations limit aggregate monthly debt obligations to 60 percent of gross household income, with non-housing debts capped at 40 percent of total eligible income. At S$2,580,000, standard twenty-year mortgage structures (assuming 3.0 percent prevailing rates) generate monthly repayments of approximately S$1,540, whilst ten-year structures generate S$2,490. To maintain healthy 40-45 percent TDSR headroom, buyers require gross household income of approximately S$4,200 monthly (S$50,400 annually) for twenty-year mortgages, or S$5,800 monthly (S$69,600 annually) for ten-year structures. Buyers with existing vehicle loans, credit card facilities, or personal financing should add those obligations to TDSR calculations, potentially requiring S$5,500-S$6,500 monthly household income for comfortable approval. The S$2.58M price point remains accessible to professional dual-income households without excessive leverage, though individual credit profiles and existing debt obligations materially influence final approval quantum and interest rate pricing.

How does Hillview Green compare to competing three-bedroom developments within this MRT radius?

The Hume Avenue corridor hosts several competing developments spanning similar price brackets and bedroom configurations, including established precincts offering comparable three-bedroom stock. Competitive properties within eight minutes' walk of Hume MRT typically trade between S$2.35 million and S$2.75 million depending on age, renovation condition, and specific amenity provision. Newer developments may command premiums of 5-8 percent due to modern fitments and warranty provisions, whilst older stock trades at corresponding discounts absent recent renovation. Hillview Green's relative age, building maintenance standards, and specific unit configuration (floor level, facing direction) determine its competitive positioning within this established range. Buyers should examine multiple comparable units within the precinct before committing, as modest variations in aspect and floor level frequently justify S$100,000-S$150,000 price differentials. The broader development's reputation, lift infrastructure quality, and estate management quality typically exert greater influence over resale velocity than individual unit variables.

Which unit stack or floor level offers optimal value for capital appreciation and rental appeal?

Mid-level units between floors four and twelve typically offer superior value-to-appreciation balance, commanding modest price premiums above lower floors without entering the material price uplift associated with penthouses and premium high-level units. Mid-stack positioning avoids ground-level noise and security concerns that suppress lower-floor valuations, whilst avoiding the diminishing marginal value exhibited by premium apex levels where price increases outpace genuine functional benefits. East or north-facing units receiving morning light typically attract premium lettings from professional tenants, supporting rental yields 5-8 percent above south-facing equivalents without proportional purchase-price elevation. South-facing units suffer afternoon heat accumulation in Singapore's tropical climate, creating tenant acquisition friction and rent suppression despite lower acquisition costs. Higher floors above floor fifteen command noticeable premiums in the 8-12 percent range but face extended sales timelines during downturns, making mid-level positioning a prudent compromise. Specific aspect orientation and balcony accessibility exert greater influence on long-term resale value than floor number alone.

What future supply pipeline exists in the Hume Avenue and Bukit Merah district, and how will it affect property values?

The Bukit Merah and Hume Avenue corridor operates under constrained new residential supply, with most development activity concentrated on enbloc exercises of ageing estates rather than greenfield intensification. Singapore's land scarcity and planning framework emphasise regeneration over expansion, meaning genuine new three-bedroom condominium supply within eight minutes' walk of Hume MRT remains limited. This constrained pipeline provides fundamental support for Hillview Green's valuation trajectory, as demand from upgraders and investors continues substantially outpacing available stock release. Potential future developments in adjacent Tiong Bahru or Bukit Merah precincts may attract marginal buyer interest toward newer stock, yet the established neighbourhood character, proven transport convenience, and mature amenity infrastructure ensure Hume Avenue's continued relevance. The Downtown Line's maturity—now offering a decade of demonstrated reliability and consistent ridership growth—suggests infrastructure-driven demand remains intact. Long-term appreciation potential depends more on Singapore's broader economic trajectory and CBD employment growth than incremental local supply, as the wider precinct faces genuine physical constraints limiting meaningful new residential density.

3-bed Hillview Green, S$2.58M | Hume MRT, 1,496 sqft