Type

Units

Min Area

Price Range

2 BR

700 sqft

S$400K

Type

Units

Min Area

Price Range

Other

125 sqft

S$1,400/mo

Property Highlights

HDB development with 3 units currently available.
Prices currently range from S$1,400 to S$400K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$280 on this acquisition.
67% of current units are for sale, from S$400K; 33% are for rent, from S$1,400/mo.
Located 12 min (1.03 km) from EW21 Buona Vista 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.

4 Ghim Moh Road: HDB Living in the Heart of Buona Vista

4 Ghim Moh Road stands as an established Housing and Development Board estate offering practical residential solutions within one of Singapore's most accessible and economically vibrant neighbourhoods. Located in the Buona Vista area, this development presents a compelling proposition for purchasers seeking an efficient entry point into homeownership without compromising on location credentials or connectivity.

The development's positioning places residents within reasonable proximity of Buona Vista MRT station on the East West Line, situated approximately 1.03 kilometres away and requiring roughly 12 minutes on foot. This accessibility proves invaluable for daily commuters travelling to the Central Business District, the financial quarter along Shenton Way, or the technology hubs scattered throughout the western corridors. The East West Line itself serves as a critical arterial route linking east and west zones, making this location strategically advantageous for professionals whose workplaces span across Singapore's developed areas.

Housing Typology and Space Configuration

Units within this HDB estate are thoughtfully laid out to maximise utility within compact floor plates. With typical configurations encompassing two-bedroom, one-bathroom layouts spanning approximately 700 square feet, the development caters to the practical needs of small families, young professionals, and upgraders seeking to downsize without sacrificing essential living standards. The floor area provides sufficient room for modern living whilst maintaining the efficiency and affordability that characterises the HDB programme.

The interior designs reflect contemporary standards for public housing, with functional kitchens, adequate storage solutions, and sensible room proportions that support flexible furniture arrangements. Natural light penetration through strategically positioned windows helps create the perception of spaciousness, a deliberate design consideration within the constraints of mid-rise residential construction.

Pricing and Acquisition Economics

Entry-level pricing for units at this development begins from approximately S$399,999, positioning it as an accessible acquisition point for first-time buyers entering the property market and upgraders transitioning from smaller units or rental arrangements. This price positioning reflects both the development's age and its location within a maturing residential zone, rather than the premium new-launch territories that command significantly higher per-square-foot valuations.

For investors evaluating this development, the acquisition cost relative to prevalent rental yields in the Buona Vista and surrounding neighbourhoods merits careful analysis. The Ghim Moh area has established itself as a stable rental market, with consistent tenant demand driven by proximity to employment centres and educational institutions. Gross rental yields typically range between 3 and 4.5 per cent, depending on unit configuration and prevailing market rental rates, making this an interesting consideration for investors seeking moderate but reliable returns rather than speculative capital appreciation.

Location Benefits and Neighbourhood Character

The Buona Vista precinct has evolved into a mixed-use district combining residential communities with commercial and industrial clusters. This diversity generates consistent foot traffic, supporting local retail establishments, food courts, and service providers. Residents benefit from a mature neighbourhood infrastructure with established shopping facilities, medical clinics, and community amenities that older HDB estates typically provide.

The neighbourhood's proximity to the Science Park, business parks, and various office developments ensures robust employment opportunities for residents and maintains steady tenant demand for those utilising the property as an investment. Furthermore, the area's position as a transport interchange point between multiple zones enhances its appeal for professionals working across different parts of the island.

Financing and Affordability Considerations

Purchasers utilising Housing Development Finance schemes will find the entry price relatively accommodating for mortgage servicing under standard debt-to-service ratio parameters. A property at this price point typically requires a down payment of approximately 5 to 10 per cent, with the remainder financed through HDB loans at preferential rates available to Singapore citizens and permanent residents. Monthly mortgage commitments on units priced around S$399,999 generally fall comfortably within the parameters that lending institutions assess when evaluating borrower serviceability.

First-time buyers should note that they remain eligible for various Housing Development Board subsidies and grants that reduce the effective acquisition cost, making this development particularly attractive for this demographic. Upgraders transitioning from rental or smaller units will also appreciate the straightforward financing pathways available through institutional lenders familiar with HDB properties in this age and location category.

Additional Buyer's Stamp Duty and Acquisition Costs

For purchasers acquiring a second residential property, the Additional Buyer's Stamp Duty framework becomes relevant. Singapore citizens purchasing a second residential property incur ABSD at the rate of 20 per cent, calculated on the purchase price or market value, whichever is higher. On a purchase price of S$399,999, this represents a significant additional outlay that must be factored into the total acquisition cost alongside legal fees, disbursements, and other conveyancing expenses.

Investors and upgraders should incorporate this cost comprehensively into their financial modelling to ensure that the investment thesis remains sound after accounting for all acquisition-related expenses. The 20 per cent ABSD substantially reduces the effective yield in the first years of ownership, making longer holding periods more advantageous for investment-oriented purchasers.

Resale Market Dynamics and Capital Considerations

HDB properties within established estates like Ghim Moh have historically demonstrated reasonable capital preservation over medium to long-term holding periods, though expectations for dramatic appreciation should remain measured. The resale market for HDB units remains relatively liquid, with consistent buyer demand driven by first-time purchasers and upgraders, ensuring that liquidating a property does not prove unduly difficult.

The age of the estate and its lease duration merit careful consideration, as properties approaching the midpoint of their lease term may face increasingly demanding financing scrutiny from lenders and valuation compression as the lease decays. Purchasers should verify the precise lease commencement date and remaining tenure to model realistic capital value trajectories over their intended holding period.

Investment Suitability Across Buyer Profiles

First-time buyers represent the most natural constituency for this development, as the entry price, available grants, and straightforward financing pathways align perfectly with their typically constrained financial position and desire for owner-occupied homeownership. Upgraders stepping up from smaller units or transitioning from rental arrangements will find the two-bedroom configuration appropriate for modest family expansion whilst maintaining manageable debt servicing obligations.

For investors, the development warrants evaluation not as a speculative appreciation play but as a source of steady rental income and capital preservation within a stabilised neighbourhood. High-net-worth purchasers seeking significant leverage or substantial annual returns may find alternative investment vehicles more compelling, though small allocation of a diversified portfolio to established HDB estates can provide defensive stability and modest yield generation.

Competing Developments and Comparative Value

The Buona Vista and Ghim Moh localities host several competing HDB developments of similar vintage and configuration, allowing prospective purchasers to compare unit specifications, floor levels, block positioning, and pricing across multiple options. Private residential developments nearby command substantially higher per-square-foot valuations, typically ranging 50 to 100 per cent above HDB pricing, reflecting their different regulatory framework, maintenance standards, and amenity profiles.

Comparative shopping across available units at 4 Ghim Moh Road and proximate estates helps purchasers identify optimal value positioning. Units located on higher floors or with superior orientation typically achieve modest premiums over ground-level or otherwise compromised positions, reflecting the genuine impact of these factors on daily amenity and long-term satisfaction.

4 Ghim Moh Road thus represents a pragmatic residential solution for purchasers prioritising location accessibility, affordability, and practical living standards over luxury finishes or cutting-edge amenities. Its positioning within an established neighbourhood with mature infrastructure and strong connectivity makes it a compelling consideration within the HDB market landscape.

Frequently Asked Questions

What rental yield can investors realistically expect from units at 4 Ghim Moh Road?

HDB properties in the Buona Vista and Ghim Moh areas typically generate gross rental yields between 3 and 4.5 per cent, depending on unit size, floor level, and current market rental conditions. At a purchase price of around S$399,999, this translates to annual rental income ranging from approximately S$12,000 to S$18,000, or roughly S$1,000 to S$1,500 monthly. The yield stability reflects consistent tenant demand driven by the area's proximity to major employment centres, transport accessibility via Buona Vista MRT, and the established neighbourhood infrastructure that attracts both professionals and small families seeking rental accommodation. Investors should recognise, however, that the 20 per cent Additional Buyer's Stamp Duty payable on acquisition substantially reduces net returns in the first several years, making longer holding periods more economically rational for investment-oriented buyers.

How does per-square-foot pricing at 4 Ghim Moh Road compare to recent HDB transactions in the same area?

Units at 4 Ghim Moh Road, priced from approximately S$399,999 across 700-square-foot floor plates, reflect a per-square-foot valuation around S$571, positioning them competitively within the established HDB market for the Buona Vista and Ghim Moh localities. This valuation aligns broadly with recent arms-length transactions in comparable estates within the district, adjusting for variables such as floor level, block location, unit orientation, and specific amenities. The pricing reflects the property's age—as an established estate rather than a new launch—balanced against its proven accessibility, mature neighbourhood infrastructure, and proximity to critical transport nodes. Prospective purchasers comparing across multiple available units at this development and nearby competing HDB blocks should expect modest variations reflecting genuine differences in unit desirability, with higher floors and units commanding superior orientation typically achieving premiums of 3 to 8 per cent over compromised positions.

What are the Additional Buyer's Stamp Duty implications for second-property buyers at this development?

Singapore citizens purchasing a second residential property at 4 Ghim Moh Road incur Additional Buyer's Stamp Duty calculated at 20 per cent of the purchase price or market value, whichever is higher. On a S$399,999 purchase, this represents a non-recoverable tax cost of approximately S$80,000, materially impacting the total acquisition outlay and investment economics. This duty is payable during the completion process and represents a sunk cost that does not form part of the financed loan amount, requiring either cash reserves or alternative financing arrangements. For investors modelling returns, this 20 per cent ABSD must be incorporated into calculations of payback period and total cost of acquisition, substantially extending the time horizon required to achieve profitable realisation. Purchasers should verify their citizenship status and confirm whether the property qualifies as a residential property under the Inland Revenue Authority's definitions before proceeding, as these determinations directly affect ABSD liability.

How does lease decay and remaining tenure affect resale value and financing at 4 Ghim Moh Road?

HDB properties, including units at 4 Ghim Moh Road, typically operate under 99-year leasehold tenure commencing from their respective construction and allocation dates. As properties approach the midpoint of their lease—typically around 50 years remaining—lending institutions impose increasingly stringent financing requirements, as lenders view the asset as gradually depreciating towards a point where refinancing becomes commercially unviable. Valuation compression accelerates particularly sharply in the final 30 years of lease tenure, with market values declining more steeply as purchaser risk and financing constraints intensify. Prospective buyers should verify the precise lease commencement date for this estate and calculate remaining tenure carefully, understanding that a property with only 40 years remaining lease will face substantially constrained resale demand and significantly reduced future financing accessibility. Purchasers with extended holding periods should prioritise units with maximum remaining lease tenure, as this directly influences both long-term capital preservation and the pool of potential future buyers willing to acquire the property.

How does proximity to Buona Vista MRT station affect demand and capital appreciation for this development?

The 12-minute walk to Buona Vista MRT station on the East West Line represents a significant amenity that underpins both rental demand and resale desirability for units at 4 Ghim Moh Road. MRT accessibility remains one of the primary value drivers in Singapore's residential market, as it directly reduces commute times to employment centres, educational institutions, and leisure destinations throughout the island. The East West Line itself serves as a critical transport corridor linking east and west zones, making this location strategically valuable for working professionals across multiple employment centres. Properties within walking distance of MRT stations consistently demonstrate superior rental yields, lower vacancy periods, and more resilient capital values compared to car-dependent locations, reflecting the genuine economic advantage that proximity confers. Historical data suggests that HDB properties within 1.2 kilometres of active MRT stations experience more stable resale markets and attract broader buyer constituencies, effectively creating a structural foundation for long-term value preservation even as individual properties age.

Which buyer profiles—first-timers, upgraders, investors, or high-net-worth purchasers—find 4 Ghim Moh Road most suitable?

First-time buyers represent the most natural constituency for 4 Ghim Moh Road, as the entry price, availability of government grants and subsidies, straightforward HDB financing pathways, and practical two-bedroom configuration align precisely with their typically constrained financial position and desire for owner-occupied homeownership. Upgraders transitioning from smaller units, rental arrangements, or previous properties will find the floor area adequate for modest family expansion whilst maintaining manageable debt servicing obligations and superior value compared to private residential alternatives. Investors evaluating steady-income properties rather than speculative appreciation vehicles may find the 3 to 4.5 per cent rental yield and capital preservation profile appealing, particularly if they hold properties through complete lease cycles and accept modest returns in exchange for defensibility. High-net-worth purchasers seeking significant leverage, substantial annual returns, or exposure to prime investment hotspots may find alternative vehicles more compelling, though small allocations within diversified portfolios can provide defensive stability and consistent passive income streams without requiring active management or exposure to volatile market segments.

What are the TDSR and financing headroom implications for typical buyers at this development?

Properties at 4 Ghim Moh Road priced around S$399,999 require down payments of typically 5 to 10 per cent, with the remainder financed through HDB housing loans available at preferential rates to Singapore citizens and permanent residents. Monthly mortgage commitments on such properties generally fall comfortably within the debt-to-service ratio parameters assessed by lending institutions, typically requiring gross household income of approximately S$5,500 to S$7,000 to service the debt comfortably whilst maintaining prudent borrowing buffers. First-time buyers qualify for enhanced HDB financing benefits including higher loan quantum (up to 90 per cent of property value or S$450,000, whichever is lower) and potentially lower interest rates, materially improving affordability for this demographic. Purchasers should stress-test their financial position to ensure capacity to service debt even if personal circumstances deteriorate or interest rates rise marginally, recognising that property ownership extends across multiple decades and financial flexibility protects against forced liquidation or distressed sales during economic downturns.

How do competing HDB estates nearby compare in terms of pricing and specifications?

The Buona Vista and Ghim Moh localities host several competing HDB developments of broadly similar vintage and configuration to 4 Ghim Moh Road, including surrounding blocks and nearby estates within the Ulu Pandan planning area. Comparative pricing across these competing developments typically ranges from S$360,000 to S$450,000 for similar two-bedroom, one-bathroom units, varying according to specific block positioning, floor level, unit orientation, and block amenities. Units positioned higher within blocks, with superior natural light and breeze exposure, generally command premiums of 3 to 8 per cent over ground-level or otherwise compromised positions. Private residential developments in the immediate precinct demand substantially higher per-square-foot valuations, typically representing 50 to 100 per cent premiums over HDB pricing, reflecting their different regulatory frameworks, maintenance standards, and amenity profiles. Systematic comparison across available options at 4 Ghim Moh Road itself and neighbouring HDB blocks enables purchasers to identify optimal value positioning and make informed trade-offs between price, location, and amenity preferences.

Which unit stacks or floor levels typically offer superior value at this development?

Within HDB blocks at 4 Ghim Moh Road, mid-level floor positions—typically floors 5 through 15—often represent optimal value propositions, offering adequate height to minimise street noise and activity disturbance whilst avoiding the premium pricing associated with high-floor units and the reduced natural light often experienced at lower levels. High-floor units command premiums reflecting aesthetic preference for expansive views, enhanced privacy, and reduced noise intrusion, typically ranging 5 to 10 per cent above mid-level pricing depending on specific views and orientation. Ground-level or very low-floor units often trade at modest discounts due to proximity to street activity, reduced privacy, and perception of security concerns, despite their convenience for families with young children. East or north-facing units typically attract slight premiums relative to west or south-facing orientations in tropical climates, as they benefit from cooler morning light and reduced afternoon heat exposure, translating to modest utility cost savings and improved daily comfort. Purchasers should physically inspect multiple floor positions and orientations to assess personal preferences, recognising that floor level and direction materially influence both daily habitability and long-term satisfaction with the property investment.

What is the future supply pipeline for HDB developments in this district, and how might it affect 4 Ghim Moh Road's resale prospects?

The Buona Vista, Ghim Moh, and surrounding planning districts have historically experienced limited new HDB supply releases in recent years, reflecting strategic government policy to concentrate new HDB launches in designated growth areas such as Woodlands, Punggol, and Sengkang. The relative scarcity of new HDB completions in this mature district effectively supports existing property valuations by constraining competing supply and maintaining steady buyer demand from first-timers and upgraders unable to access new-launch opportunities or preferring established neighbourhood amenities. Future residential development in the Ulu Pandan and adjacent areas may incorporate mixed-use components combining residential units with commercial and industrial facilities, reflecting the precinct's evolution into a multi-functional employment and residential zone. The absence of significant new HDB supply pipeline in this specific district, combined with the mature neighbourhood infrastructure and proven connectivity, positions existing properties like those at 4 Ghim Moh Road as relatively defensible assets with predictable long-term demand characteristics. However, prospective purchasers should monitor the Housing Development Board's long-term housing plans for any announcements affecting the district, as large new supply releases could moderately compress resale valuations and extend time-to-sale periods for individual properties.

4 Ghim Moh Road — From S$1,400