Type

Units

Min Area

Price Range

2 BR

699 sqft

S$420K

Property Highlights

HDB development with 2 units currently available.
Prices currently start from S$420K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$84,000 on this acquisition.
Located 5 min (390 m) from DT24 Geylang Bahru 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.

64 Kallang Bahru: A Mature HDB Development in Singapore's Vibrant Kallang Precinct

64 Kallang Bahru represents a well-positioned residential development in one of Singapore's most dynamic neighbourhoods. Located in the heart of the Kallang district, this HDB project offers convenient access to a thriving urban environment whilst maintaining the residential character essential for family living. The development's proximity to Geylang Bahru MRT station, situated just five minutes' walk away, positions it as an attractive option for commuters seeking direct connectivity to Singapore's wider transport network.

The Kallang area has undergone significant transformation over recent decades, evolving into a mixed-use precinct that seamlessly blends residential, commercial, and recreational spaces. This maturity brings distinct advantages to residents: established wet markets, neighbourhood shops, hawker centres, and medical facilities form part of the everyday landscape, reducing reliance on car travel for essential needs. The proximity to major commercial hubs and the central business district makes 64 Kallang Bahru particularly appealing for professionals who prioritise connectivity without the premium pricing often associated with downtown core addresses.

Connectivity and Transport Access

The development's location near Geylang Bahru MRT station on the Downtown Line (DT24) provides direct access to Singapore's most comprehensive transport corridor. Commuters can reach Raffles Place station in approximately 15 minutes, making the development suitable for those working in the financial district. The broader transport ecosystem includes multiple bus routes serving the precinct, offering flexibility for varied commute patterns across the island. This accessibility fundamentally supports both residential demand and investment appeal, as undersupply of conveniently located central properties continues to underpin demand.

Unit Composition and Sizing

Units at 64 Kallang Bahru range across different bedroom configurations, with floor areas typically between 650 and 850 square feet, catering to diverse household structures. The compact sizing reflects HDB design philosophy, maximising liveable space within efficient footprints. These proportions appeal to specific buyer cohorts: young professionals, upgraders from smaller units seeking to maintain affordability, and investors focused on rental yield optimisation. The range of unit types ensures the development attracts varied buyer profiles rather than serving a single market segment.

Investment Potential and Yield Considerations

For investors evaluating 64 Kallang Bahru as an income-generating asset, several factors merit consideration. Kallang's established character and proximity to Geylang Bahru MRT support consistent rental demand from working professionals and expatriates seeking central locations. The mature estate positioning means limited new supply competition within the immediate vicinity, potentially supporting rental rate stability. However, potential investors should analyse comparable rental transactions in the Kallang postcodes to establish realistic yield expectations, considering that yields vary significantly based on unit type, exact floor level, and remaining lease duration on the property.

Pricing and Market Position

Units at 64 Kallang Bahru are priced from S$420,000 onwards, positioning the development as an accessible entry point to central Singapore real estate compared to private residential alternatives in the district. The per-square-foot pricing reflects the estate's maturity, central location, and strong MRT connectivity. Recent market transactions in comparable Kallang HDB stock have demonstrated resilience, with prices reflecting steady demand from upgraders and investors. First-time buyers can particularly benefit from the development's affordability relative to comparable central locations, though financing considerations and total cost of ownership should be carefully evaluated.

Buyer Suitability and Demographic Appeal

64 Kallang Bahru serves multiple buyer archetypes effectively. First-time buyers value the central location at accessible price points, avoiding the need to compromise on connectivity for affordability. Upgraders appreciate the transition from smaller units to more spacious configurations whilst retaining convenient location and transport links. Investors prioritise the rental yield potential and liquidity of central HDB stock, where tenant demand remains consistently strong. The development's maturity also appeals to those seeking established neighbourhoods with proven track records rather than new estate uncertainties.

Lease Tenure and Resale Considerations

As an HDB development, properties at 64 Kallang Bahru carry 99-year lease terms as standard. Buyers should understand that lease decay gradually impacts property value, particularly as the lease term declines below 60 years remaining. Current lease positions vary across units, with older stock potentially requiring more careful evaluation regarding future capital appreciation and refinancing implications. The HDB resale framework provides clear valuation methodologies, and the estate's central location generally supports strong secondary market demand that can offset some lease decay impacts compared to more peripheral locations.

Additional Buyer Considerations

Second-property purchasers should note that Additional Buyer's Stamp Duty applies to residential property acquisitions beyond a primary residence. For Singapore Citizens acquiring a second residential property, ABSD is levied at 20%, significantly increasing acquisition costs and requiring careful financial planning. This consideration particularly affects investors and those upgrading from previous residential holdings. The total cost of acquisition, including ABSD, legal fees, and agent commissions, should be carefully calculated to ensure the investment thesis remains viable at the true all-in cost level.

The Kallang precinct continues to attract ongoing interest from various stakeholder groups, supporting both rental and capital appreciation potential. 64 Kallang Bahru's establishment within this dynamic environment, combined with its superior transport connectivity and accessible pricing, positions it as a development worthy of serious consideration for those seeking central Singapore residential exposure without the premium pricing of newer or private developments.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a unit at 64 Kallang Bahru?

Estimated rental yields for HDB stock at 64 Kallang Bahru typically range between 2.5% to 3.5% gross annual yield, depending on unit configuration, remaining lease duration, and specific floor positioning. The development's proximity to Geylang Bahru MRT and central location support consistent tenant demand, particularly among working professionals and expatriates seeking convenient access to the CBD. However, actual yields vary significantly based on current market rents for comparable units in the Kallang postcode area; investors should conduct detailed comparable rental analysis using recent lettings of similar floor areas and lease positions to establish realistic income projections. A property purchased at S$420,000 generating monthly rental income of S$1,200–1,400 would translate to the above yield range, though individual outcomes depend heavily on tenant acquisition timing and management efficiency.

How does the per-square-foot pricing at 64 Kallang Bahru compare to recent HDB transactions in the Kallang area?

Units at 64 Kallang Bahru, priced from S$420,000 for approximately 700 square feet, represent a per-square-foot value of roughly S$600, positioning the development competitively within the Kallang secondary market for similar-aged HDB stock with comparable MRT proximity. Recent comparable transactions in the broader Kallang postcodes have ranged between S$550–S$650 per square foot depending on exact unit size, lease remaining, and block location. The development's advantage stems from established MRT connectivity and the maturity of surrounding amenities, which justify pricing at the premium end of this range relative to more peripheral HDB estates. Buyers should verify current market comps through recent resale data to ensure pricing aligns with their investment thesis and financing capacity.

What is the Additional Buyer's Stamp Duty impact for a Singapore Citizen acquiring a second residential property at 64 Kallang Bahru?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty at the current rate of 20%, calculated on the purchase price of the property. For a unit at 64 Kallang Bahru priced at S$420,000, ABSD would total S$84,000, substantially increasing the true acquisition cost beyond the headline purchase price. This tax is levied in addition to standard Buyer's Stamp Duty and all other acquisition costs including legal fees, survey charges, and agent commissions, effectively raising total cash outlay to approximately S$510,000–S$520,000 depending on exact transaction details. Investors and upgraders must incorporate this 20% ABSD liability into their financial planning, as it significantly impacts investment returns and whether the property purchase remains economically justified relative to alternative investment vehicles.

How does the remaining lease duration affect resale value and financing prospects for 64 Kallang Bahru properties?

HDB properties at 64 Kallang Bahru operate under standard 99-year lease terms; lease decay becomes a material consideration as the lease descends, particularly below 60 years remaining where property valuations begin to decline more steeply and financial institutions may restrict lending ratios. The development's current lease position varies across individual units based on their original construction and resale history, requiring individual unit verification before purchase. Properties with lease terms approaching 70 years or lower face increasing difficulty in securing financing from HDB and institutional lenders, and capital appreciation prospects diminish as lease decay accelerates. Buyers should obtain official HDB lease verification through the authorities and consult financing advisors to understand both current lending capacity and long-term appreciation potential based on the specific lease remaining at the point of acquisition.

How does proximity to Geylang Bahru MRT station influence demand and capital appreciation at 64 Kallang Bahru?

The five-minute walking distance to Geylang Bahru MRT station (DT24) fundamentally enhances the development's appeal and capital appreciation potential by providing direct access to Singapore's downtown business district, which dominates employment concentration and economic activity. Properties within immediate MRT catchment zones consistently command premium valuations relative to equivalently-sized stock located further from transport nodes, as commute convenience translates to sustained tenant demand and attractiveness to upgrading owner-occupiers. The Downtown Line positioning specifically provides uninterrupted access to Raffles Place, Marina Bay, and other major employment clusters, supporting both rental and resale demand across economic cycles. Historical data from comparable central HDB developments demonstrates that strong MRT connectivity, combined with established amenities, provides relative insulation from capital decline compared to peripheral estates, making 64 Kallang Bahru's location positioning a material advantage for both investment and owner-occupancy purposes.

Is 64 Kallang Bahru suitable for different buyer profiles—first-timers, upgraders, high-net-worth investors, and owner-occupiers?

64 Kallang Bahru accommodates diverse buyer cohorts effectively: first-time buyers benefit from accessible entry pricing combined with central location and superior connectivity, avoiding the compromise of distant peripheral estates; upgraders can secure larger configurations whilst maintaining affordability compared to private residential alternatives, making the development an efficient stepping stone; investors prioritise the development's mature estate status, established rental demand, and secondary market liquidity, which together support consistent income generation and capital flexibility. High-net-worth purchasers may view 64 Kallang Bahru as an efficient capital deployment for portfolio diversification or rental yield exposure within Singapore's property market, though absolute unit appreciation may be more modest compared to premium district developments. Owner-occupiers value the neighbourhood's maturity, established retail and dining amenities, and proven transport reliability, making the development suitable for those prioritising convenience and lifestyle quality over new-estate prestige, with each buyer profile deriving distinct value propositions from the location and property type.

What are the TDSR implications and financing headroom at typical price points for 64 Kallang Bahru units?

The Debt-to-Service Ratio framework requires that monthly loan instalments, combined with other debt obligations, do not exceed 55% of gross monthly household income for HDB purchases. A unit at 64 Kallang Bahru priced at S$420,000 with an 80% LTV (S$336,000 loan amount) on a 25-year repayment period equates to monthly instalments of approximately S$1,750–S$1,800 depending on prevailing interest rates; this requires a gross household income of approximately S$3,200–S$3,300 monthly to meet the 55% TDSR ceiling comfortably. First-time buyers with existing debt obligations, credit card commitments, or personal loans will have reduced headroom, potentially restricting their ability to finance at maximum loan-to-value ratios or requiring larger down payments to maintain TDSR compliance. Prospective buyers should obtain pre-approval estimates from HDB or institutional lenders to understand their specific financing capacity, as TDSR restrictions represent a material gating factor alongside absolute purchase price affordability.

How does 64 Kallang Bahru compare to competing HDB developments in the surrounding Kallang and Geylang districts?

64 Kallang Bahru directly competes with other mature HDB estates in Kallang (such as Block 1–60 Kallang Bahru and surrounding enclaves) and nearby Geylang developments, all of which offer established neighbourhoods with MRT connectivity but varying lease positions and renovation recency. The development's key competitive advantage lies in its direct Geylang Bahru MRT proximity combined with accessible pricing from S$420,000; comparable competing stock in the district similarly prices between S$400,000–S$480,000 depending on unit size and lease condition, with no significant cost premium or discount clearly distinguishing 64 Kallang Bahru. Lease decay profiles vary across competing developments, with some estates offering longer remaining lease terms that may command marginal pricing premiums, whilst others at equivalent lease positions compete for identical buyer cohorts. The development's positioning reflects the broader Kallang market reality: established, well-serviced neighbourhoods with strong transport access support consistent demand and modest appreciation rather than explosive capital growth, making the area attractive to pragmatic investors and owner-occupiers seeking reliability rather than speculative upside.

Are certain unit stacks, floor levels, or orientations at 64 Kallang Bahru better positioned for capital appreciation or rental appeal?

Higher floor levels at 64 Kallang Bahru typically command modest price premiums of 3–8% relative to lower floors, reflecting buyer preference for reduced noise, improved ventilation, and perceived prestige, though the development's proximity to major roads may limit the absolute benefit of height compared to quieter estates. East- and west-facing units experience greater temperature variation and direct sun exposure, whilst north- and south-facing orientations offer more stable thermal conditions; rental tenants frequently prefer north or south aspects due to reduced cooling requirements, supporting marginally higher rental rates despite owner-occupier pricing parity. Mid-floor units (5–15 storeys) often represent optimal value positioning, as they avoid high-floor premiums whilst securing meaningful elevation benefits over lower floors, and many rental tenants display neutral preference across these levels. The development's age means unit condition, renovation recency, and block-specific factors (proximity to lift, stairwell positioning, neighbouring commercial activity) often outweigh absolute floor level in determining both pricing and rental appeal, requiring prospective buyers to evaluate specific unit circumstances rather than applying blanket floor-level assumptions.

What future supply pipeline developments in the Kallang and surrounding district may impact 64 Kallang Bahru's capital appreciation prospects?

The Kallang precinct is not subject to imminent large-scale new HDB construction, as the district remains largely built-out with mature housing stock; any future supply is more likely to emerge through private residential development rather than competing HDB projects, which would not directly impact secondary HDB market dynamics. Government plans to improve Kallang as a mixed-use precinct include potential office and commercial intensification in specific zones, potentially supporting overall district economic vitality and rental demand for residential stock but not directly cannibalising property demand. The broader Singapore housing narrative emphasises strategic refreshment of mature estates through selective in-situ redevelopment or en-bloc sales, which could theoretically affect 64 Kallang Bahru's long-term trajectory if redevelopment scenarios materialise, though such initiatives remain speculative and would require collective owner approval. Investors should monitor broader public land-use announcements and urban planning developments affecting Kallang, whilst recognizing that 64 Kallang Bahru's established position, transport connectivity, and secondary market liquidity provide relative insulation from supply shocks that might impact peripheral or newly-completed developments competing for the same buyer cohorts.

Hdb Flat At 64 Kallang Bahru — From S$420K