Type

Units

Min Area

Price Range

Other

150 sqft

S$1,100/mo – S$1,300/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$1,100 to S$1,300.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$220 on this acquisition.
Located 6 min (520 m) from EW20 Commonwealth 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.

93 Commonwealth Drive: A Well-Connected HDB Home in Bukit Timah

Nestled within the well-established Bukit Timah district, 93 Commonwealth Drive represents a mature residential development offering practical housing solutions for Singapore's diverse buyer base. Located just six minutes' walk from Commonwealth MRT Station on the East West Line, this property enjoys exceptional transport accessibility that has become increasingly desirable as commuters prioritise rapid connections to employment hubs and entertainment precincts across the island.

The development's proximity to Commonwealth Station (EW20) places residents within immediate reach of the city's central business districts, making it particularly attractive for professionals working in Marina Bay, Raffles Place, or along the Changi corridor. The station itself serves as a major interchange point, providing seamless connections throughout Singapore's integrated public transport network. For those driving, the location offers convenient access to the Pan-Island Expressway and arterial roads serving the North, East, and Central regions.

Character and Community Appeal

This HDB estate exemplifies the enduring appeal of Bukit Timah as a residential destination. The neighbourhood blends suburban tranquillity with urban convenience, hosting a vibrant mix of independent eateries, traditional coffee shops, and contemporary retail outlets catering to everyday needs. Families benefit from proximity to highly regarded schools across primary and secondary levels, whilst the broader precinct encompasses sports facilities, community centres, and green spaces that foster active neighbourhood living.

The development's maturity means established infrastructure, mature landscaping, and proven community cohesion—attributes that distinguish Bukit Timah from newer estates still developing their character. Residents frequently cite the area's distinctive identity and the convenient convergence of accessibility and residential calm as key reasons for choosing properties in this location.

Unit Specifications and Layout

Properties at 93 Commonwealth Drive are characterised by compact, efficiently designed floor plans that maximise usable living space. Units typically feature thoughtful room configurations suitable for singles, couples, and small families seeking no-fuss accommodation without excessive maintenance burden. The modest square footage encourages practical furnishing approaches and appeals particularly to those prioritising location over expansive internal dimensions.

The compact nature of these units also translates to proportionally lower utility costs, property tax assessments, and maintenance fees—financial factors that accumulate into meaningful savings over ownership tenure. This efficiency appeals strongly to budget-conscious buyers and investors building diversified property portfolios.

Investment and Rental Viability

Given the location's accessibility and the concentration of young professionals and transient populations within the Bukit Timah catchment, the development presents solid rental demand fundamentals. The proximity to Commonwealth MRT Station creates natural appeal for tenants prioritising commute efficiency, whilst the compact unit formats suit the rental market's demand for studio and one-bedroom accommodation. Historical rental patterns in the Bukit Timah locality suggest consistent tenant interest, particularly during peak recruitment seasons.

Investors should evaluate yield potential against acquisition costs and prevailing market rental rates for comparable units within the district. The development's established reputation and proven rental track record offer confidence regarding tenant acquisition and retention, though expected returns will vary based on individual unit specifications and broader market cycles.

Financing and Affordability Considerations

The property's pricing structure positions it within the accessible range for first-time buyers whilst offering value-conscious upgraders an entry point into an established, well-serviced location. Prospective purchasers should engage HDB financing schemes or private mortgage facilities to understand personal servicing capacity in relation to property valuation and loan quantum. Most financial institutions maintain proven lending products specifically designed for HDB transactions, offering competitive rates and extended tenure options.

For second-property acquisitions, purchasers must account for Additional Buyer's Stamp Duty at the current 20% rate applicable to Singapore Citizens acquiring residential property beyond their first home. This material cost consideration should be incorporated into total acquisition budgeting and evaluated against projected capital appreciation and rental yield potential over the intended holding period.

Market Position and Comparable Analysis

Within the broader Bukit Timah landscape, 93 Commonwealth Drive occupies a distinctive position—neither the newest development nor particularly aged, but rather a maturing estate with proven systems and established appeal. Comparable HDB transactions across the immediate vicinity provide benchmarks for pricing verification, with recent sales data demonstrating consistent transactional activity. The MRT proximity offers measurable value uplift compared to developments further removed from rapid transit, a factor consistently reflected in price differentials across comparable stock.

Prospective buyers evaluating this development against alternatives within the broader Bukit Timah or adjacent districts should carefully weigh transport time differentials, unit specifications, and estate amenities alongside pricing. The comprehensive accessibility via Commonwealth Station arguably justifies positioning at the elevated end of comparable HDB pricing bands.

Resale Dynamics and Long-Term Outlook

HDB properties at 93 Commonwealth Drive maintain inherent desirability anchored by location fundamentals that transcend individual property cycles. As long as the East West Line remains Singapore's primary transport artery and Bukit Timah retains its residential character, the development should command sustained demand from replacement purchasers and new entrants. However, purchasers should remain cognisant of lease tenure implications and plan holdings accordingly, recognising that properties progressively decline in residual value as lease periods contract below critical thresholds affecting financing and buyer appeal.

The established nature of the development, combined with municipal infrastructure stability and community continuity, supports confidence in long-term capital retention. Whilst speculative appreciation should not be presumed, prudent holders who time exit decisions appropriately can expect fair resale opportunities underpinned by genuine residential demand.

Suitability Across Buyer Segments

First-time purchasers benefit from the property's affordability, straightforward maintenance requirements, and excellent transport connectivity—factors that reduce initial ownership complexity whilst securing long-term utility. Young professionals appreciate the proximity to employment hubs and the lifestyle convenience of established neighbourhood amenities. Investors recognise strong rental demand fundamentals and reasonable acquisition costs relative to rental yield potential. Downsizers transition comfortably to efficient, low-maintenance formats suitable for later-life simplification without sacrificing location quality or accessibility.

The development's versatility across these diverse buyer motivations underscores its sustained market relevance and resilience across economic cycles. Properties that serve multiple buyer needs typically maintain healthier demand and transactional velocity compared to those appealing narrowly to specific demographics.

Frequently Asked Questions

What rental yield could I expect if I purchase a unit at 93 Commonwealth Drive as an investment property?

Estimated rental yields for properties at 93 Commonwealth Drive typically range from 2.5 to 3.5 percent annually, depending on specific unit configuration, floor level, and prevailing market rates for comparable stock in the Bukit Timah locality. The development's proximity to Commonwealth MRT Station (EW20) creates consistent tenant demand from young professionals and transient populations prioritising commute efficiency, particularly during peak recruitment periods. Actual returns will vary based on individual unit specifications, market cycle timing, and your ability to secure tenants at premium rates; engaging experienced property managers familiar with the HDB rental market in this precinct will help optimise rental achievement against comparable benchmarks. Consider that rental demand in established MRT-adjacent developments tends to prove more resilient during economic downturns compared to peripheral estates, though absolute yield levels remain subject to broader Singapore rental market dynamics.

How do current pricing levels at 93 Commonwealth Drive compare to recent per-square-foot transactions in Bukit Timah?

Properties at 93 Commonwealth Drive have historically traded at price-per-square-foot levels that reflect the location's MRT proximity premium relative to comparable HDB stock further removed from rapid transit corridors. Recent transactional data across the Bukit Timah catchment suggests HDB units commanding broad price ranges dependent on floor level, unit age, and specific amenity proximity; Commonwealth Station proximity consistently attracts pricing uplift of approximately 5 to 10 percent relative to comparable estates in outer Bukit Timah precincts. Prospective purchasers should obtain recent comparable sales from HDB resale market databases and engage valuation expertise to verify whether current asking prices reflect fair value relative to transactional evidence within the immediate vicinity. Pricing trends across the district suggest consistent appreciation correlated with transport infrastructure improvements and neighbourhood maturation, though forward-looking price projections remain subject to broader economic conditions and policy influences affecting the HDB market.

What Additional Buyer's Stamp Duty implications should second-property buyers understand when purchasing at this development?

Singapore Citizens acquiring property at 93 Commonwealth Drive as a second residential property will incur Additional Buyer's Stamp Duty (ABSD) at the current statutory rate of 20% calculated on the purchase price. For instance, a property purchased at S$500,000 would attract ABSD of S$100,000, materially affecting total acquisition costs and financing requirements beyond the base purchase price and standard conveyancing fees. This duty typically cannot be financed through mortgage facilities and must be settled from personal funds or alternative financing arrangements, requiring careful cash flow planning. Second-property buyers should incorporate the 20% ABSD burden into comprehensive acquisition budgeting alongside mortgage quantum, legal fees, and survey costs to accurately understand total cost of ownership. Investors and upgraders should evaluate whether anticipated rental yield or capital appreciation over the intended holding period justifies the material ABSD outlay, particularly when compared to alternative investment vehicles or competing residential opportunities.

What lease tenure does 93 Commonwealth Drive carry, and how might lease decay affect resale value and financing?

The lease tenure classification for 93 Commonwealth Drive will determine financing capacity, resale appeal, and long-term capital retention. As an established HDB development, the property carries a specific lease term (typically 99 years from original grant date) that progressively decays with each passing year, creating measurable resale value attrition once the lease falls below critical thresholds such as 70 years. Financial institutions apply progressively restrictive loan-to-value ratios as leases shorten, ultimately constraining buyer financing options and reducing addressable market once leases approach 30-year horizons. Prospective purchasers should carefully calculate the remaining lease term and project value implications across their intended holding period, recognising that properties with severely shortened leases become increasingly difficult to sell despite location quality and neighbourhood desirability. Investors must particularly scrutinise lease remaining term, as rental yields and capital appreciation potential erode significantly once properties become difficult to finance for future buyers. Engage professional valuation expertise to model lease decay impact on your specific holding timeline and exit assumptions.

How does proximity to Commonwealth MRT Station affect property demand and potential capital appreciation?

Proximity to Commonwealth MRT Station (EW20) on the East West Line represents one of the most material value determinants for properties at 93 Commonwealth Drive, creating measurable pricing premium relative to comparable HDB stock without equivalent transport accessibility. The six-minute walking distance to the station places residents within the optimal "walkshed" that urban planning literature consistently identifies as the distance threshold where transport accessibility materially influences buyer preference and capital value. Commonwealth Station's position as a major interchange point providing connections throughout Singapore's integrated transport network, combined with direct service to central business districts and employment hubs, creates sustained tenant and buyer demand profiles that prove resilient across economic cycles. Properties within immediate MRT proximity typically appreciate more steadily than peripheral estates during growth periods and retain value more effectively during downturns, as transport-constrained buyers face limited alternatives. Going forward, further transport network enhancements, particularly any extensions or upgrades to the East West Line, would likely reinforce the location's strategic positioning and support capital appreciation momentum.

Which buyer profiles—first-timers, upgraders, investors, or wealthy individuals—would find 93 Commonwealth Drive most suitable?

First-time purchasers benefit profoundly from 93 Commonwealth Drive's accessibility, predictable maintenance requirements, and affordable entry pricing that minimises debt burden relative to income—critical factors for first-time buyers navigating unfamiliar property market mechanics. Upgraders transitioning from rental accommodation or previous properties appreciate the location quality and transport convenience, combined with reasonable pricing that preserves capital allocation for other lifestyle investments. Investors recognise strong fundamental rental demand anchored by MRT proximity and identify opportunities to build diversified property portfolios through accessible acquisition costs relative to yield potential. High-net-worth individuals may find the development less strategically compelling unless seeking consolidated rental portfolios, as capital-appreciation expectations for mature HDB developments in established neighbourhoods tend to trail premium private residential opportunities. Young professionals and transient populations represent particularly strong demand drivers given the development's efficiency, affordability, and commute accessibility. The development's breadth of appeal across these diverse buyer segments underscores its market resilience and sustained transactional activity relative to properties appealing narrowly to specific demographics.

What TDSR and financing headroom should typical buyers expect when securing a mortgage at current price points?

The Total Debt Service Ratio (TDSR) restriction mandates that total monthly debt servicing cannot exceed 55% of gross monthly income, creating meaningful financing constraints for purchasers with existing obligations. At typical price points for 93 Commonwealth Drive, a property valued at approximately S$500,000 would generate mortgage quantum of roughly S$400,000 (assuming 80% LTV financing), translating to monthly servicing of approximately S$2,200 to S$2,400 depending on prevailing mortgage rates and chosen tenure length. Prospective purchasers should verify their personal TDSR capacity by calculating existing debt obligations (personal loans, credit card facilities, car financing, etc.) against gross monthly income to determine maximum additional servicing capacity available for property financing. HDB and private financial institutions maintain loan calculators and pre-qualification services enabling rapid assessment of personal financing headroom; early engagement with mortgage providers ensures clear understanding of approval likelihood and optimal loan structuring. Purchasers with existing significant debt burdens may face restricted financing capacity or require larger down payments to achieve acceptable TDSR ratios, emphasising the importance of comprehensive financial planning prior to property commitment.

How does 93 Commonwealth Drive compare to competing HDB developments in the broader Bukit Timah or adjacent catchments?

Within the Bukit Timah locale, 93 Commonwealth Drive occupies a distinctive competitive position as an established development with proven residential appeal and exceptional MRT proximity, distinguishing it from newer estates still developing community character or peripheral developments requiring longer commutes to rapid transit. Comparable developments in the immediate vicinity such as properties along Commonwealth Avenue or nearby Bukit Timah precincts may offer marginally larger units or slightly newer construction, but typically incur proportionally higher pricing relative to unit efficiency and transport accessibility metrics. Developments in adjacent districts such as Queenstown or Clementi provide pricing alternatives but sacrifice the location's distinctive neighbourhood character and may require commute extensions of 5 to 10 minutes relative to Commonwealth Station proximity. The development's maturity, combined with consistently reinforced transport infrastructure and community amenities, positions it favourably relative to competitor stock seeking similarly balanced combinations of affordability, accessibility, and established neighbourhood appeal. Prospective purchasers undertaking comparative analysis should weight unit specifications, transport time differentials, and estate amenity profiles alongside pricing to verify relative value positioning.

Are certain unit stacks, floor levels, or orientations at 93 Commonwealth Drive likely to offer superior value or appeal?

Higher floor levels at 93 Commonwealth Drive typically command modest pricing premiums reflecting reduced noise exposure, enhanced natural light, and psychological preference for elevation, though absolute premiums vary depending on specific block configuration and neighbouring structures. Units oriented toward established green spaces or gardens enjoy inherent appeal benefits and may attract premium pricing from buyers prioritising outlook quality; conversely, units facing high-traffic arterials or service areas may offer modest discounting that represents potential value opportunity for price-conscious purchasers indifferent to outlook considerations. Intermediate floor levels (roughly floors 4 to 15) frequently represent optimal value positions, offering sufficient elevation benefits without incurring the pricing premiums commanded by penthouse or near-top-floor positioning. Units adjacent to lift lobbies or stairwells may encounter minor noise implications and occasionally trade at modest discounts, creating potential acquisition opportunities for investors and value-focused purchasers. The development's maturity means floor stack configuration is established and accessible through site inspection; prospective purchasers should physically visit multiple floors and orientations to develop informed preferences regarding value trade-offs between pricing and subjective amenity positioning. Recent transaction data for specific stacks and floor levels provides reliable benchmarking reference for comparative value assessment.

What future supply pipeline and development activity might influence the Bukit Timah district and properties like 93 Commonwealth Drive?

The Bukit Timah district maintains a relatively constrained future development pipeline relative to growth precincts such as Jurong Lake District or Punggol, reflecting the area's established character and land-use constraints associated with nature reserves and conservation areas. Planned transport infrastructure enhancements, particularly any future extensions to the East West Line or complementary rapid transit projects, would likely reinforce the district's strategic positioning and support sustained demand and capital appreciation for developments like 93 Commonwealth Drive that benefit from proximity to these enhanced connectivity nodes. Government planning initiatives emphasising town centre development and district cluster amenities may drive incremental enhancement of neighbourhood retail, dining, and lifestyle offerings, progressively strengthening the location's appeal beyond current baseline. Conversely, new competitive supply within the broader Bukit Timah catchment or adjacent precincts may moderate pricing appreciation by expanding buyer choice, though established developments with proven appeal tend to maintain resilience through sustained transaction activity. Prospective long-term purchasers should monitor URA Master Plan developments, transport authority announcements, and estate renewal initiatives that might influence future neighbourhood character and competitive positioning. The development's current maturity and established appeal provide reasonable confidence in sustained market relevance, though forward-looking purchasers should remain attentive to broader district evolution that might impact long-term value dynamics.

Hdb Flat At Commonwealth Drive — From S$1,100