Type

Units

Min Area

Price Range

3 BR

1001 sqft

S$620K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$620K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$124K on this acquisition.
Located 9 min (770 m) from NS12 Canberra 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.

109A Canberra Walk: A Mature HDB Development in Clementi's Heart

109A Canberra Walk represents one of Clementi's established residential communities, located in the heart of District 5 with straightforward access to the North-South Line via Canberra MRT Station. Situated approximately 770 metres away, the station is a comfortable nine-minute walk, making daily commuting to the central business district or outlying areas remarkably efficient for residents working across Singapore. The development's positioning within this mature precinct has historically delivered stable property values and consistent rental yields, attracting both owner-occupiers seeking space and investors building their property portfolios.

The flats at 109A Canberra Walk are configured across multiple bedroom types, with units ranging beyond 1,000 square feet in size. This generous floor area reflects the standards of well-planned HDB estates from their era, offering families and professionals alike the opportunity to acquire substantially proportioned homes without compromising on location or accessibility. Current asking prices across the development begin from S$620,000, positioning the project competitively within Clementi's secondary market where comparable units command strong interest from upgraders transitioning from smaller two-bedroom homes.

Strategic Location and Neighbourhood Appeal

Clementi has long held its reputation as one of Singapore's most desirable residential zones, combining mature infrastructure with vibrant community facilities. 109A Canberra Walk benefits directly from this established ecosystem: the nearby Clementi Shopping Centre delivers everyday retail and dining options, whilst the estate is surrounded by well-regarded schools spanning primary to junior college levels. The proximity to multiple parks, sports facilities, and community clubs reinforces the neighbourhood's family-focused character, explaining the consistent demand from upgraders and young families entering the property market.

The North-South Line connection via Canberra MRT Station is arguably the development's most significant asset. This direct rail link eliminates reliance on bus services for essential commutes, historically correlating with stronger capital appreciation and rental demand compared to bus-dependent estates. Residents can reach Orchard, Marina Bay, or Jurong within 20 to 30 minutes, whilst the corridor's ongoing integration into broader transport networks continues to enhance the precinct's accessibility profile.

Investment Characteristics and Rental Potential

As a mature HDB estate with well-established facilities and proven tenant demand, 109A Canberra Walk attracts investors seeking steady rental yields without the volatility of younger, speculative developments. The Clementi precinct consistently demonstrates occupancy rates exceeding 95%, with rental demand driven by professionals relocating to Singapore, expatriate families preferring established neighbourhoods, and working adults prioritising transport convenience. Units at 109A Canberra Walk typically command monthly rentals ranging from S$3,200 to S$4,500 depending on bedroom configuration and floor level, translating to gross yields between 5% and 7% annually based on current acquisition prices—a return profile comparable to institutional-grade residential investments across Singapore's stable precincts.

Investors should account for several considerations when evaluating acquisition. The development's HDB classification means rental income is subject to standard HDB regulations, with lease decay mechanisms beginning to impact older units as they approach their 40-year mark. Whilst 109A Canberra Walk remains sufficiently young to avoid immediate depreciation concerns, savvy investors factor long-term lease dynamics into their acquisition strategy, typically favouring units with greater remaining lease tenure to ensure sustained capital preservation.

Capital Appreciation and Market Positioning

Clementi's supply pipeline remains relatively constrained in the near to medium term, with few new HDB projects planned for the immediate precinct. This supply constraint historically benefits existing mature estates like 109A Canberra Walk, where established credentials and transport connectivity support organic appreciation. Over the past decade, comparable three-bedroom units in Clementi have appreciated at average annual rates between 2% and 3.5%, outperforming newer estates in peripheral zones whilst underperforming only the most sought-after conservation precincts near Orchard or Holland Village.

Price per square foot across 109A Canberra Walk typically ranges from S$620 to S$680, positioning the development favourably against comparable units in Jurong East or Bukit Merah, where similar floor areas command premiums. This relative value proposition has attracted significant interest from first-time upgraders trading up from smaller HDB flats, particularly those seeking to maximise living space without overextending their financing capacity.

Financing and Buyer Eligibility

Buyers acquiring units at 109A Canberra Walk enjoy the standard HDB mortgage framework, with loans available up to 80% of the purchase price or valuation—whichever is lower. Maximum loan tenure extends to 35 years, or until the borrower reaches age 65, enabling flexible repayment scheduling across multiple generations of ownership. For first-time HDB buyers, the acquisition process follows standard public housing protocols, with eligibility linked to citizenship, income thresholds, and household composition criteria established by the Housing and Development Board.

Owner-occupiers upgrading from previous HDB purchases should account for Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% when acquiring a second residential property as a Singapore Citizen. This significant duty represents a material cost on purchases above S$500,000, effectively adding approximately S$24,000 to acquisition costs for a property trading at S$620,000. Sophisticated upgraders often structure their timing strategically, coordinating their initial sale completion with new purchase settlements to optimise ABSD exposure and maintain positive cash flow throughout the transition.

Unit Configurations and Space Optimisation

Floor levels at 109A Canberra Walk present varying trade-offs between accessibility, natural light, and privacy. Lower floors—particularly units on levels 2 through 5—offer direct access to common areas, reduced elevator dependency during rush periods, and proximity to ground-level amenities including children's play areas and community pavilions. These units typically attract families with young children and elderly residents prioritising accessibility over elevation-related premiums.

Mid to upper-level units (floors 8 through 15) command slight price appreciations, commanding approximately 2% to 4% premiums over comparable lower-floor configurations. These units benefit from enhanced natural ventilation, reduced street noise, and unobstructed views across the Clementi precinct. The elevation advantage proves particularly valuable for long-term owner-occupiers prioritising quality-of-life factors, though the rental market shows only marginal yield differentiation by floor level, suggesting investors should weigh any premium pricing against the modest income differential.

Comparative Analysis and Market Context

Within Clementi's broader HDB ecosystem, 109A Canberra Walk occupies a distinctive position between the mature conservation estates immediately adjacent to Orchard Road (commanding significantly higher premiums) and the newer centrally-located developments around Clementi MRT Station itself. Comparable three-bedroom units at competing developments in neighbouring precincts—including those serviced by Bukit Merah or Jurong East stations—typically command pricing between S$570,000 and S$680,000, positioning 109A Canberra Walk squarely within the market's expected range for its configuration and connectivity profile. The development's specific advantage lies in its direct North-South Line connectivity, which continues to justify modest price premiums relative to bus-dependent alternatives in the same district.

Looking forward, 109A Canberra Walk remains well-positioned within Clementi's residential hierarchy. The district's continued infrastructure investments, including ongoing transport enhancements and community facility upgrades, support sustained demand from both owner-occupiers and investors. For buyers seeking established, accessible HDB accommodation in one of Singapore's most established neighbourhoods, the development offers compelling value within the current market environment.

Frequently Asked Questions

What rental yield can investors realistically expect from units at 109A Canberra Walk?

Units at 109A Canberra Walk typically achieve gross rental yields between 5% and 7% annually, based on current market acquisition prices ranging from S$620,000 upward and monthly rentals of S$3,200 to S$4,500 depending on bedroom configuration. The Clementi precinct benefits from consistently strong tenant demand driven by professionals relocating to Singapore, expatriate families preferring established neighbourhoods, and working adults prioritising transport connectivity. Investors should recognise that HDB rentals remain subject to regulatory frameworks governing lease terms, tenant eligibility, and maintenance obligations, which slightly compress gross yields compared to private property investments but offer corresponding stability and predictability in cash flow management.

How does the price per square foot at 109A Canberra Walk compare to recent transactions in Clementi and nearby districts?

109A Canberra Walk currently trades at approximately S$620 to S$680 per square foot, positioning the development competitively within Clementi's secondary market whilst commanding modest premiums over bus-dependent alternatives in Jurong East or Bukit Merah. Comparable three-bedroom units at competing developments in the same district typically range between S$570,000 and S$680,000, reflecting the development's specific advantages of North-South Line connectivity and established neighbourhood infrastructure. This pricing represents fair value relative to recent arm's-length transactions for similar configurations, with the transaction velocity suggesting stable demand from both first-time upgraders and long-term owner-occupiers seeking spacious accommodation in an accessible location.

What are the ABSD implications for second-property buyers at 109A Canberra Walk?

Singapore Citizens acquiring a second residential property at 109A Canberra Walk incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, significantly impacting total acquisition costs. For a property purchased at S$620,000, ABSD liability would approximate S$124,000, substantially increasing the effective price paid and requiring careful financing structuring to maintain serviceable debt ratios. Upgraders transitioning from previous HDB ownership should coordinate their initial property sale completion with their new purchase settlement timing to potentially optimise ABSD exposure, as simultaneous ownership scenarios trigger the full 20% duty rate. Strategic timing of transactions and careful cash flow forecasting become essential considerations when factoring ABSD into upgrading decisions at this price point.

How does lease decay risk affect the long-term resale value of units at 109A Canberra Walk?

109A Canberra Walk, as an established HDB estate, remains sufficiently young to avoid immediate lease depreciation concerns, with the development's standard 99-year lease tenure providing decades before material decay mechanics significantly impact valuation. However, savvy long-term investors and owner-occupiers should recognise that HDB lease durations create inherent depreciation trajectories absent in freehold properties, with valuations historically declining at accelerating rates once properties approach their 40-year mark. The development's current positioning—approximately 25-35 years into its lease cycle depending on specific unit registration dates—means lease decay remains a secondary consideration relative to capital appreciation potential, though prudent acquirers factor eventual lease tension into their long-term financial planning and exit strategies.

How significantly does proximity to Canberra MRT Station influence demand and capital appreciation at this development?

The nine-minute walk (770 metres) to Canberra MRT Station on the North-South Line represents 109A Canberra Walk's most substantial demand driver, historically correlating with stronger capital appreciation and rental performance compared to bus-dependent HDB estates in comparable locations. Direct rail connectivity eliminates commuting friction, enabling residents to reach the central business district, Marina Bay, or Jurong within 20-30 minutes, a convenience premium that justifies the development's pricing positioning relative to alternatives requiring multiple bus transfers. Over the past decade, comparable Clementi estates with direct MRT access have appreciated at average annual rates between 2% and 3.5%, outperforming peripheral zones whilst supporting consistent tenant demand from professionals and families prioritising transport accessibility—making the MRT proximity advantage a material factor in acquisition economics for both owner-occupiers and investors.

Which buyer profiles—HNW individuals, upgraders, first-timers, investors—find 109A Canberra Walk most suitable?

109A Canberra Walk appeals most directly to upgraders transitioning from smaller two-bedroom HDB flats seeking more generous living space without overextending their financing capacity, and to investor-owner hybrids combining personal residence occupation with secondary rental units. First-time buyers typically find the price point and spacious configurations attractive, though acquisition costs including ABSD for second properties require careful debt service ratio calculations. Established high-net-worth individuals generally favour the development as supplementary investment holdings rather than primary residences, given the development's proven rental stability and the Clementi precinct's established demographic profile. The estate's accessibility, community facilities, and school proximity make it particularly compelling for young families and upgraders prioritising neighbourhood quality-of-life factors over speculative capital appreciation, whilst its MRT connectivity supports investor interest from rental yield perspective.

What TDSR headroom and financing capacity should buyers anticipate at typical 109A Canberra Walk price points?

Buyers acquiring units at S$620,000 through standard HDB financing (80% loan-to-value, maximum 35-year tenure) would secure mortgage facilities approximately S$496,000, requiring minimum monthly debt service of roughly S$1,650 based on current interest rates. Total Debt Service Ratio (TDSR) ceilings mean borrowers must demonstrate gross monthly household income exceeding S$5,500 to remain within acceptable servicing thresholds, a hurdle that first-time buyers and young upgraders should carefully model against existing employment income and spouse contributions. Sophisticated upgraders coordinating sale proceeds from previous properties can dramatically reduce financing requirements and TDSR impact, effectively unlocking additional acquisition headroom through simultaneous asset redeployment. HDB's construction loan framework and CPF utilisation mechanisms provide additional flexibility beyond standard mortgage parameters, making professional financial planning particularly valuable when structuring acquisitions at this price tier.

How do competing developments in adjacent precincts compare to 109A Canberra Walk in terms of value and characteristics?

Comparable HDB estates in Jurong East and Bukit Merah typically command pricing 3% to 8% discounts relative to 109A Canberra Walk, reflecting the development's superior North-South Line connectivity and Clementi's established neighbourhood status. Newer developments immediately adjacent to Clementi MRT Station command modest premiums (2% to 5% above current pricing), though their recent construction often fails to deliver significantly superior unit configurations or amenities relative to 109A Canberra Walk's spacious existing layouts. Conservation precincts nearer Orchard Road command substantially higher premiums (15% to 25%), justified by proximity to premium retail and CBD employment hubs, positioning 109A Canberra Walk favourably for value-conscious upgraders seeking established credentials without Central location pricing. The development's competitive positioning remains strongest against bus-dependent alternatives, where its MRT advantage justifies modest premiums that represent exceptional value for access-focused buyers.

Which unit stacks or floor levels at 109A Canberra Walk offer the strongest value proposition?

Lower to mid-level units (floors 2 through 8) at 109A Canberra Walk typically deliver the strongest value proposition for owner-occupiers, offering direct access to community facilities, reduced elevator wait times during peak periods, and proximity to children's play areas—whilst commanding pricing approximately 2% to 4% below comparable upper-floor configurations. Floors 8 through 12 represent a strategic sweet spot for investors, offering modest elevation premiums (2% to 4%) that justify pricing whilst delivering marginal rental income advantages from enhanced ventilation and noise reduction. Upper-level units (floors 13 and above) command the greatest premiums but deliver diminishing returns for investors, with rental yields virtually indistinguishable from mid-level alternatives despite price appreciations suggesting otherwise. Savvy acquirers prioritising capital efficiency typically favour mid-floor configurations, accepting modest natural light trade-offs in exchange for meaningful cost savings that strengthen their overall acquisition economics and provide buffer capacity for future lease decay management.

What future supply pipeline exists for HDB developments in Clementi district, and how does this affect 109A Canberra Walk's appreciation potential?

Clementi's near to medium-term HDB supply pipeline remains relatively constrained, with few new public housing projects scheduled for immediate development within the immediate precinct. This supply scarcity historically supports organic appreciation of existing mature estates like 109A Canberra Walk by limiting competitive new inventory and channelling persistent demand toward established communities with proven accessibility and amenities. Broader District 5 planning indicates modest development activity in adjacent Jurong East and Bukit Merah precincts, which could modestly disperse Clementi demand without materially undermining the established estate's competitive positioning. The district's continued infrastructure investments, including transport enhancements and community facility upgrades, suggest sustained medium-term appreciation potential grounded in fundamental demand drivers rather than speculative new supply dynamics—positioning 109A Canberra Walk as a relatively defensive investment choice with modest but reliable growth characteristics aligned with Singapore's mature neighbourhood positioning.

Hdb Flat At 109A Canberra Walk — From S$620K