Type

Units

Min Area

Price Range

Other

120 sqft

S$1,700/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,700.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$340 on this acquisition.
Located 4 min (330 m) from CC12 Bartley 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.

224B Mount Vernon Road: Central Bartley HDB Living

224B Mount Vernon Road stands as a residential offering in the well-established Bartley precinct, a neighbourhood characterised by mature housing stock, local amenities, and stable community infrastructure. The development's location places it within a walkable radius of CC12 Bartley MRT station, positioning residents for seamless access to Singapore's wider transport network and employment centres across the island. This proximity to public transport represents a defining asset for both owner-occupiers and investors evaluating the property's long-term utility and rental appeal.

The immediate neighbourhood surrounding Mount Vernon Road comprises predominantly HDB housing with pockets of private residential development, reflecting a mixed yet settled demographic profile. Retail and dining options cluster near the MRT station precinct, whilst schools, clinics, and community facilities serve the residential population within the broader Bartley area. The district's maturity means that major planning disruptions are unlikely, offering purchasers reasonable confidence in neighbourhood stability and character preservation over their holding period.

Connectivity and Transport Advantages

The positioning of 224B Mount Vernon Road offers residents direct access to the Circle Line via Bartley station, situated approximately four minutes' walk or 330 metres from the development. This connectivity unlocks straightforward commutes to the central business district, with direct access to Raffles Place, Marina Bay, and other key employment nodes. Commuters heading towards Orchard, Jurong, or the north-eastern corridors benefit from the efficient Circle Line interchange opportunities at major junction stations.

Beyond the Circle Line, Bartley MRT's integration into Singapore's broader public transport ecosystem means that buses, taxis, and eventual expansion of supporting infrastructure remain accessible planning considerations. For families and professionals, this transport proximity directly influences daily convenience, reducing commute times and enhancing quality of life metrics that typically underpin property value appreciation. Properties in close proximity to functional MRT stations have historically demonstrated resilience during property cycles, as transport connectivity remains a non-negotiable amenity for the majority of owner-occupiers.

Unit Offering and Space Configuration

The development presents units configured to serve diverse household needs and budgetary parameters. Each unit within the development encompasses 120 square feet of internal space, a configuration suited to investors and first-time buyers seeking an entry-level property footprint without the proportional pricing premium of larger formats. This compact sizing reflects practical design principles balancing affordability, maintenance simplicity, and alignment with the preferences of younger professionals and downsizers.

The modest area footprint means that furnishing, utility costs, and day-to-day living expenses remain proportionally lower than larger residential units, supporting favourable cash flow metrics for landlords operating within the rental market. For owning households, the reduced maintenance burden and simplified management represent practical lifestyle advantages, particularly for busy professionals or those seeking a pied-à-terre within the city-state.

Investment Potential and Rental Market

Properties at 224B Mount Vernon Road position themselves within an accessible price band for residential investors targeting the HDB rental sector. The Bartley location benefits from established demand patterns driven by working professionals, younger families, and overseas postings seeking temporary residential accommodation near employment centres. The Circle Line connectivity further amplifies rental appeal, as commuters from this development can access a broad employment catchment without arduous transit times.

Rental yields across comparable HDB holdings in mature, transport-connected neighbourhoods have historically remained competitive within the residential investment landscape. The 120-square-foot configuration attracts a renter demographic focused on affordability and location convenience rather than space maximisation, a segment demonstrating consistent demand turnover and lease renewal rates. Investors evaluating this development should factor typical HDB rental depreciation patterns, lease decay considerations inherent to leasehold HDB properties, and the development's competitive positioning within the broader Bartley rental market.

Lease Tenure and Resale Dynamics

HDB properties, including those at 224B Mount Vernon Road, typically operate under either 99-year or 999-year lease structures, with lease decay representing a material consideration for medium to long-term holding strategies. Properties entering their final decades of lease often experience downward valuation pressure, as financing institutions impose stricter lending criteria on leases below 60 years. Purchasers evaluating this development should verify the specific lease tenure and calculate the remaining lease period in relation to their intended holding horizon and anticipated resale timeline.

Resale values for HDB units in transport-proximate locations such as Bartley have historically maintained resilience relative to outlying estates, reflecting the enduring premium placed on connectivity and urban accessibility. However, lease decay trajectories invariably impact long-term capital appreciation, meaning that properties purchased today will require strategic timing considerations for eventual disposition. Investors with medium-term horizons of 10–15 years should view this development through the lens of stable cash returns and modest capital appreciation rather than speculative value escalation.

Buyer Suitability and Financing Considerations

The development appeals to multiple buyer cohorts, each with distinct investment theses and ownership objectives. First-time buyers utilising Central Provident Fund allocations and concessional financing pathways will find the development's entry-level pricing particularly attractive, especially given its established neighbourhood credentials and transport convenience. Upgraders downsizing from larger family homes may equally value the simplified maintenance profile and strategic location, trading space for proximity to services and employment.

Owner-occupiers evaluating the property as a long-term residential holding should prioritise the commuting utility and neighbourhood stability that the Bartley precinct delivers, viewing the modest unit size as an intentional trade-off favouring walkability and external amenity access over internal spatial expansion. Investors targeting the HDB rental segment benefit from accessible acquisition costs, straightforward tenant sourcing in transport-connected neighbourhoods, and predictable lease turnovers aligned with typical tenant tenure patterns. Financing headroom for prospective buyers will depend on personal income levels, existing liabilities, and Total Debt Service Ratio constraints imposed by lending institutions, though the development's affordable entry point supports relatively favourable debt-servicing profiles across diverse income brackets.

Market Context and Comparative Positioning

The Bartley precinct maintains stable property values within the broader HDB market, with transaction volumes reflecting consistent demand from the buyer profiles outlined above. Comparable developments within the immediate vicinity offer alternative configurations and price points, though the specific transport proximity and neighbourhood character of 224B Mount Vernon Road merit evaluation against competing holdings on a case-by-case basis. Prospective buyers should conduct targeted comparisons of recent sales transactions within the Bartley estate, paying particular attention to price-per-square-foot metrics, lease remaining periods, and unit configurations to establish fair market valuation.

The district's planning stability, absence of major infrastructure disruptions, and established community amenity profile suggest that Bartley will continue attracting both owner-occupier and investor demand across multiple property cycles. Future population growth within the broader region may support marginal supply constraint dynamics, though large-scale new development is not anticipated to materially disrupt existing neighbourhood character or property value trajectories in the medium term.

Frequently Asked Questions

What rental yield could I expect if I purchase a unit at 224B Mount Vernon Road as an investment property?

Rental yields for HDB properties in Bartley typically range between 3% and 5% gross annually, depending on the specific lease tenure, remaining lease period, and the precise rental rate achievable within the current market. The 120-square-foot footprint and transport-proximate location make this development attractive to renters seeking affordable, convenient accommodation, supporting relatively stable tenant demand and lease renewal rates. However, investors should factor lease decay implications carefully: as the remaining lease period shortens below 60 years, financing institutions impose stricter conditions, constraining future purchaser demand and therefore capping terminal resale values. Net rental yields, after accounting for property tax, maintenance contributions, and potential void periods, typically fall within the 2–3.5% range, making this development suitable for investors prioritising steady cash returns over speculative capital appreciation.

How does the price-per-square-foot at 224B Mount Vernon Road compare to recent HDB transactions in Bartley?

Determining precise price-per-square-foot positioning requires comparative analysis of recent comparable sales within the Bartley estate, accounting for lease tenure, exact floor level, and unit age. The development's modest 120-square-foot configuration and established MRT proximity position it within the affordable segment of the HDB market, typically trading at lower absolute price points than larger family units but at comparable or slightly premium per-square-foot metrics due to the transport convenience premium. Prospective buyers should engage conveyancing professionals or access HDB resale transaction databases to benchmark the development's pricing against recent arm's-length sales of similar unit sizes and lease profiles within the immediate estate, ensuring valuation fairness relative to competing holdings.

What is the Additional Buyer's Stamp Duty impact for a Singapore Citizen purchasing a second residential property at this development?

A Singapore Citizen purchasing a second residential property incurs Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, calculated on top of standard Buyer's Stamp Duty. For a unit at this development, this represents a substantial acquisition cost uplift that must be factored into investment feasibility and financing calculations. For example, on a purchase price of S$200,000, the 20% ABSD would amount to S$40,000, materially affecting the investor's cash outlay and return-on-investment metrics. Second-property purchasers should conduct detailed cash-flow modelling incorporating both the ABSD liability and the property's anticipated rental yield to determine whether the investment returns justify the additional acquisition burden, and should verify their eligibility for any potential ABSD exemptions or reliefs through official IRAS channels.

How does lease decay risk affect the resale value and long-term holding strategy for properties at this development?

HDB properties, including units at 224B Mount Vernon Road, operate under fixed lease tenures—typically 99 or 999 years—that diminish over time, impacting valuation as the remaining lease period shortens. Properties approaching the 60-year remaining lease threshold experience pronounced resale value deterioration, as mortgage financing becomes constrained: major financial institutions impose stricter lending criteria or decline financing altogether on leasehold properties with very short remaining tenures. A unit with only 40 years remaining on its lease will be significantly more difficult to market and command a proportionally lower price than an identical unit with 75+ years remaining, even adjusting for other comparable factors. Investors should calculate their intended holding period carefully, ideally targeting a disposition timeline that preserves at least 50–60 years of remaining lease at time of sale to maximise buyer pool access and resale realisation. For owner-occupiers planning to hold the property beyond their working lifetime, the long-term lease decay trajectory must be weighed seriously against the property's current affordability and lifestyle appeal.

How does proximity to Bartley MRT station influence demand and capital appreciation for this development?

Direct access to public transport, particularly an MRT station on a major line such as the Circle Line, fundamentally underpins demand resilience and capital appreciation potential across property cycles. Properties within a 5–10 minute walk of an MRT station have historically demonstrated superior long-term value retention and rental demand compared to transport-distant alternatives, as connectivity directly influences commuting convenience and employment catchment accessibility. The Bartley station position affords residents straightforward access to employment centres in the CBD, Marina Bay, Jurong, and the north-eastern corridor, broadening the tenant pool and supporting competitive rental rates. This transport premium is reflected in the unit pricing and will likely persist as Singapore's urban population remains transit-dependent; however, investors should recognise that the transport advantage is already substantially capitalised into the property's purchase price, meaning that future capital appreciation will depend more on district-wide planning dynamics and supply constraints than on transport premium expansion.

Is 224B Mount Vernon Road suitable for first-time home buyers, upgraders, and investor profiles?

The development appeals across multiple buyer profiles, though each cohort should approach the investment with distinct considerations. First-time buyers utilising Central Provident Fund savings and concessional HDB financing will find the affordable entry price and established neighbourhood particularly attractive, especially if they prioritise commuting convenience and transport accessibility over internal spatial expansion. Upgraders downsizing from larger family homes may value the simplified maintenance, reduced living costs, and strategic location, viewing it as a practical transition property or retirement holding. Investors targeting the HDB rental segment benefit from accessible acquisition costs, straightforward tenant sourcing in transport-connected neighbourhoods, and predictable rental income; however, they must factor lease decay risk and the 20% ABSD liability for second-property purchases into their return calculations. Owner-occupiers should confirm that the 120-square-foot footprint aligns with their lifestyle requirements and household composition, whilst investors should ensure rental yield targets and lease decay timelines support their investment thesis before committing capital.

What are the Total Debt Service Ratio constraints and typical financing headroom for buyers at this development?

Total Debt Service Ratio (TDSR) constraints, typically capped at 60% of gross monthly income by major lenders, will significantly influence the maximum loan quantum available to individual purchasers. For entry-level properties at this development, prospective buyers should expect that their personal income, existing liabilities, and employment stability will determine financing eligibility and quantum. A buyer earning S$3,500 monthly with no existing liabilities could theoretically service a monthly debt obligation of S$2,100; depending on the property's purchase price and interest rate assumptions, this typically translates into a loan quantum supporting the acquisition of most units at this development with a modest cash downpayment. However, buyers with existing home loans, car financing, or personal credit facilities will face reduced TDSR headroom, potentially necessitating larger downpayments or alternative financing sources. Prospective purchasers should obtain pre-approval from lenders to establish their precise financing capacity before engaging in property acquisition discussions, ensuring that both the loan quantum and residual monthly cash flow align with their personal financial circumstances.

How does 224B Mount Vernon Road compare to nearby competing HDB developments in Bartley?

The Bartley precinct comprises several established HDB estates with varying unit configurations, lease tenures, and price points, requiring case-by-case comparative analysis. Prospective buyers should evaluate competing developments within a 10–15 minute walking radius, examining factors such as exact lease remaining periods (which significantly impact long-term value trajectories), unit size distributions, average transaction prices across comparable configurations, and proximity to secondary amenities such as schools, markets, and retail clusters. The specific suitability of 224B Mount Vernon Road relative to alternatives depends on individual buyer priorities: if transport accessibility is paramount, the four-minute walk to Bartley MRT represents a meaningful advantage; if family-oriented amenities or larger configurations are priorities, alternative estates with different unit mixes may prove more aligned. Engaging a conveyancing professional or property consultant to conduct detailed comparative analysis across competing Bartley holdings will provide data-driven confidence that the chosen development aligns with specific investment objectives and lifestyle requirements.

Which unit stacks, floor levels, or orientations offer optimal value within this development?

Unit value within HDB developments is typically influenced by floor level, orientation (affecting natural light and ventilation), proximity to lifts and stairwells, and specific stack positioning within the block. Ground-floor and low-level units may offer faster lift access and reduced queuing times but potentially lower privacy and natural light compared to mid-level holdings; upper-level units typically command premiums for light and views, though they may incur longer lift waits during peak periods. Corner and end-of-block units often benefit from enhanced ventilation and light but may experience higher noise exposure or less convenient lift positioning. For a 120-square-foot compact unit, optimising natural light and ventilation becomes particularly important for livability and perceived spaciousness; prospective buyers should physically inspect multiple units across different levels and orientations to identify configurations that best suit their lifestyle priorities. Investors prioritising rental marketability should favour units with balanced day-to-night light exposure and straightforward, efficient layouts that appeal to the widest tenant demographic, potentially accepting lower absolute prices for pragmatic configurations that maximise tenant appeal and reduce void periods.

What future supply pipeline or planning initiatives might affect property values in the Bartley district?

The Bartley precinct is a mature residential neighbourhood with established planning boundaries and limited scope for large-scale new development that might materially increase competing supply and depress property values. However, prospective buyers should monitor broader Singapore planning directives, such as potential infill developments, major transport infrastructure upgrades, or district-wide rejuvenation initiatives that might reshape neighbourhood character or amenity profiles. The Circle Line remains a stable, fully operational network component, and no major disruptions to transport connectivity are anticipated; conversely, potential expansions of bus services or introduction of planned transport corridors could marginally enhance the area's accessibility appeal. Neighbourhood maturity typically implies stable property values and consistent demand across multiple property cycles, supporting confidence in medium-term holding strategies, though buyers should avoid assuming dramatic capital appreciation in established estates with limited organic growth drivers. Monitoring Urban Development Authority land sales, Housing and Development Board estate upgrading programmes, and broader district planning consultations will provide early warning signals of any material planning changes that might warrant investment thesis recalibration.

Hdb Flat At Mount Vernon Road — From S$1,700