Type

Units

Min Area

Price Range

3 BR

1291 sqft

S$908K

Type

Units

Min Area

Price Range

Other

65 sqft

S$1,200/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$1,200 to S$908K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$240 on this acquisition.
50% of current units are for sale, from S$908K; 50% are for rent, from S$1,200/mo.
Located 12 min (1.01 km) from NE8 Farrer Park 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.

40 Cambridge Road: A Mature HDB Development in the Heart of District 8

Situated on Cambridge Road in Singapore's District 8, this established Housing and Development Board estate represents a significant piece of the island's residential landscape. The development occupies a coveted position within the Farrer Park vicinity, a neighbourhood characterised by tree-lined streets, established residential communities, and strong connectivity to key employment nodes across the island. With units starting from S$908,000, the development attracts a diverse buyer demographic ranging from first-time upgraders to seasoned property investors seeking stable, long-term appreciation in a mature locale.

The location's proximity to Farrer Park MRT Station—merely 1.01 kilometres away—positions residents within a twelve-minute walking distance of the station. This accessibility to the North-East Line ensures that commuters enjoy seamless connections to the central business district, making the development particularly attractive to professionals working in Marina Bay, the CBD, or along the East Coast corridor. The mature infrastructure surrounding Cambridge Road, combined with its established transport network, has consistently supported strong demand for units within this precinct.

Unit Composition and Living Spaces

The development comprises a variety of unit types designed to accommodate different family configurations and lifestyle preferences. Three-bedroom and two-bathroom configurations are prominent throughout the development, with floor areas reaching approximately 1,291 square feet. These generous proportions provide ample room for families seeking to upgrade from smaller two-room or three-room configurations, whilst remaining efficient enough to appeal to downsizers and empty-nesters who value the neighbourhood's established character without requiring excessive square footage.

The layout and spatial planning of units within the development reflect the era in which they were constructed, often featuring more generous room dimensions compared to contemporary builds. Living and dining areas benefit from natural light, and the standardised floor plate design ensures consistent traffic flow and practical living arrangements. Storage provision is generally adequate, addressing one of the perennial concerns of urban dwellers in Singapore's property market.

The Farrer Park Neighbourhood Context

Cambridge Road sits within one of Singapore's most established and sought-after residential zones. The Farrer Park precinct has historically commanded strong market interest due to its convenient location, mature community atmosphere, and proximity to multiple amenities. The neighbourhood hosts a variety of shops, dining options, and services catering to daily needs, reducing dependency on motorised transport for routine errands. Local markets, hawker centres, and supermarkets ensure that residents enjoy convenient access to fresh produce and affordable dining options.

The maturity of the estate also translates into well-established community facilities. Void decks and common areas provide informal gathering spaces, fostering a sense of neighbourhood cohesion often lacking in newer developments. Schools within close proximity serve families with children, and healthcare facilities including polyclinics and private medical centres are readily accessible. These neighbourhood attributes contribute significantly to the development's appeal among multi-generational households and families prioritising convenience and community infrastructure.

Transport Connectivity and Accessibility

The twelve-minute walk to Farrer Park MRT Station on the North-East Line represents one of the development's primary strengths from a mobility perspective. The North-East Line directly serves the central business district, with connections to Dhoby Ghaut and onwards to the circle and downtown lines, enabling rapid transit across the island. For residents commuting to Changi Airport, the journey involves a single interchange at Dhoby Ghaut, making business travel and leisure trips straightforward without reliance on private vehicles or ride-hailing services.

Beyond mass rapid transit, Cambridge Road's location benefits from strategic placement within Singapore's arterial road network. The Central Expressway and other major thoroughfares provide efficient vehicular access for those who maintain private vehicles, connecting residents to diverse employment clusters across the east and central regions. This multi-modal transport flexibility has historically supported steady property demand and contributed to consistent capital appreciation within the precinct.

Investment Considerations and Market Positioning

From an investment perspective, HDB properties within established estates like Farrer Park have demonstrated resilience across multiple property cycles. The development's maturity means that the lease duration—a critical consideration for HDB investments—requires careful evaluation, particularly for investors with longer-term holding horizons. Properties in this precinct typically attract renters across multiple demographics, from young professionals seeking convenient MRT-proximate accommodation to families valuing the neighbourhood's infrastructure and community atmosphere.

Rental yields within the District 8 precinct have historically ranged between 2.5% and 3.5% gross yield, though actual figures depend significantly on individual unit configuration, exact floor level, and prevailing market conditions. Properties in well-established estates with proven tenant demand and stable neighbourhoods have tended to outperform newer developments in terms of lease resilience and capital preservation as the building ages. Investors considering Cambridge Road units should analyse current lease remaining against their investment timeline and desired exit point, as these factors materially influence both immediate rental income and future resale value.

Comparative Market Positioning

The Cambridge Road development occupies a distinctive position within District 8's residential hierarchy. Nearby competing developments and private condominiums in the Farrer Park vicinity often command premium pricing, making HDB units on Cambridge Road attractive to value-conscious buyers seeking similar neighbourhood amenities without private condominium price points. Recent transactions within the precinct have demonstrated per-square-foot pricing that remains competitive relative to newer HDB launches in central locations, reflecting the established status and proven demand profile of this particular estate.

Buyers evaluating this development typically benchmark its pricing against other mature HDB estates in central districts, as well as against new launch pricing in more peripheral locations. The value proposition often favours Cambridge Road for those prioritising transport convenience and neighbourhood maturity over cutting-edge design or resort-style facilities. This positioning has sustained consistent market interest from both owner-occupiers and investors across residential market cycles.

Financing and Loan Considerations

For first-time buyers, the development's price point aligns with typical Housing Development Board loan eligibility, with units available at multiple price tiers accommodating various financial profiles. The Total Debt Servicing Ratio calculations for properties at Cambridge Road pricing typically leave comfortable headroom for buyers with stable employment histories and moderate existing debt obligations. Most potential buyers financing through HDB concessional loans or bank mortgages will find the property accessible without extreme financial stress, though individual circumstances vary based on household income and existing commitments.

Second-property buyers should be aware that Additional Buyer's Stamp Duty applies at a rate of 20% for Singapore Citizens purchasing a second residential property. This duty significantly impacts the total acquisition cost and requires careful financial planning. For example, a purchase price of S$908,000 would attract ABSD of approximately S$181,600, requiring buyers to factor this into their overall investment budget. Property investors should incorporate this cost into return-on-investment calculations and ensure that projected rental yields justify the additional capital outlay.

Future District Planning and Supply Pipeline

District 8 continues to experience selective urban renewal and infrastructure enhancement, with governmental planning initiatives focused on maintaining the area's established residential character whilst improving transport and community facilities. Any future HDB launches within the district are likely to occur in peripheral precincts rather than within the Farrer Park immediate vicinity, meaning established developments like Cambridge Road should benefit from limited new supply competition. This scarcity value typically supports long-term capital appreciation, particularly as the neighbourhood's infrastructure continues to mature and commercial nodes expand.

The development's long-term appeal is further bolstered by the district's role as a stable residential zone serving the broader central region. Unlike peripheral growth areas, District 8 is unlikely to experience the rapid transformation that sometimes characterises developing precincts. This stability appeals to conservative investors and multi-generational families seeking properties unlikely to be disrupted by major infrastructure works or rezoning exercises that could alter neighbourhood character.

Frequently Asked Questions

What rental yield can I realistically expect from a 40 Cambridge Road HDB unit as an investment property?

Properties within the Farrer Park precinct have historically delivered gross rental yields between 2.5% and 3.5%, depending on unit configuration, floor level, and prevailing market rental rates. Three-bedroom units typically attract higher absolute rental income than smaller configurations, though yield percentages remain broadly consistent across unit types within the same estate. Current market conditions suggest that well-maintained units in accessible locations within the development command rental rates of approximately S$3,500–S$4,200 monthly, translating to yields within the historical range. Investors should note that net yields after accounting for property tax, maintenance fees, and management costs typically fall 0.5–1.0 percentage points below gross figures, making detailed financial modelling essential before commitment.

How does the per-square-foot pricing at 40 Cambridge Road compare to recent HDB transactions in District 8?

At approximately S$908,000 for units around 1,291 square feet, the development's per-square-foot price point sits competitively within the District 8 mature estate bracket, typically ranging from S$700–S$750 per square foot based on recent market transactions. This valuation reflects the established neighbourhood status, proven transport accessibility, and stable rental demand that characterise the Farrer Park precinct. Comparable three-bedroom units in nearby established estates have transacted at broadly similar price levels, confirming that Cambridge Road pricing aligns with current market equilibrium. Newer HDB launches in more peripheral districts may offer marginally lower per-square-foot costs, but the convenience premium of the Farrer Park location typically justifies the pricing differential for buyer profiles prioritising transport and community infrastructure.

What Additional Buyer's Stamp Duty implications should I consider as a second-property buyer?

Singapore Citizens purchasing a second residential property are subject to Additional Buyer's Stamp Duty at the current rate of 20% of the purchase price. For a unit at 40 Cambridge Road valued at S$908,000, this translates to an ABSD obligation of approximately S$181,600, substantially increasing the total acquisition cost beyond the listed purchase price. This duty must be paid within fourteen days of the option to purchase exercise, requiring buyers to ensure adequate liquidity alongside the down payment and other closing costs. Property investors should incorporate this mandatory expense into their investment calculations, as the ABSD materially impacts cash-on-cash returns and break-even timelines, particularly in yield-focused investment scenarios where total capital deployment directly influences return ratios.

What lease decay risk should I be aware of, and how will it affect resale value over time?

HDB flats typically carry 99-year lease tenures from the point of first completion, meaning that lease decay becomes an increasingly material consideration as properties age. For developments like 40 Cambridge Road, evaluating the current lease remaining is essential; properties with leases below seventy years may face restrictions on HDB loan financing, and buyer pools typically contract as remaining lease duration shortens. Resale value tends to experience accelerating depreciation once a lease falls below fifty years, as financing becomes more constrained and institutional investor interest diminishes significantly. Buyers should verify the exact lease remaining for any unit of interest and model potential resale value trajectories across their intended holding period, recognising that a property purchased today at S$908,000 may experience non-linear depreciation acceleration if held for extended periods without lease renewal.

How does proximity to Farrer Park MRT Station drive demand and capital appreciation at this development?

The twelve-minute walk to Farrer Park MRT on the North-East Line represents a material demand driver, as proximity to MRT stations historically correlates with stronger capital appreciation and rental performance within Singapore's HDB market. Properties accessible to MRT within fifteen minutes command systematic premiums over equivalent units requiring longer travel times, and this price advantage has persisted across multiple property cycles. The North-East Line's direct connectivity to the CBD, airport interchange facilities, and major employment nodes ensures consistent demand from commuters, supporting both owner-occupier purchases and investor rental acquisitions. Historical analysis of the Farrer Park precinct shows that MRT accessibility was a primary driver of the development's initial and sustained popularity, with units in this location outperforming district averages in terms of both capital appreciation and tenant demand stability.

Is 40 Cambridge Road suitable for different buyer profiles—first-timers, upgraders, HNW investors?

The development's pricing and unit configurations make it particularly attractive to upgraders transitioning from two-room or smaller three-room configurations, as the 1,291-square-foot three-bedroom layout represents a meaningful improvement in living space whilst remaining affordable relative to private property alternatives. First-time buyers with adequate financing capacity find the Farrer Park location appealing due to proven estate infrastructure and strong transport connectivity, reducing risk associated with neighbourhood choice. High-net-worth individuals may view Cambridge Road units as diversified real estate holdings within an established, stable asset class, though HNW buyers typically prioritise leasehold properties or landed homes for wealth concentration purposes. Conservative property investors seeking steady rental yield from low-maintenance, management-intensive-free HDB assets find the development's maturity and proven tenant demand particularly attractive, as the estate requires minimal active management compared to private condominium investments.

What TDSR and financing headroom should I expect at typical Cambridge Road price points?

At an indicative price of S$908,000, total debt servicing ratio calculations typically provide comfortable headroom for buyers with household incomes of S$5,500–S$7,000 monthly, assuming moderate existing debt obligations. Housing Development Board concessional loan rates and bank mortgage offerings enable borrowing of approximately 80% of the purchase price for first-time buyers, reducing down-payment burden and improving financing accessibility. The monthly mortgage instalment on a S$726,400 loan (80% of purchase price) over twenty-five years approximates S$3,600–S$3,900 depending on prevailing interest rates, requiring gross household monthly income of roughly S$9,000–S$10,000 to comfortably meet TDSR ceilings. Second-property buyers face additional ABSD costs requiring upfront capital provision, which may constrain financing flexibility; such buyers should stress-test their cash position against both down-payment and ABSD obligations to ensure adequate liquidity without overextending other financial commitments.

How does 40 Cambridge Road compare to nearby competing HDB and private developments?

The development occupies a competitive middle ground between newer HDB launches in peripheral districts and premium private condominiums in the Farrer Park vicinity. Whilst newer HDB estates in areas like Punggol or Sembawang may offer marginally lower per-square-foot pricing, they typically sacrifice the transport convenience and established community infrastructure that characterise Cambridge Road. Private condominiums within walking distance of Farrer Park MRT command price premiums of 25–40% relative to Cambridge Road HDB units, reflecting resort-style amenities and freehold tenure that appeal to affluent buyers unconcerned with value optimisation. Mid-range properties such as Cambridge Road therefore attract value-conscious buyers seeking optimal balance between affordability, location, and established neighbourhood status, positioning the development competitively against both traditional HDB peers and lower-tier private options.

Which unit stacks or floor levels typically offer better value at 40 Cambridge Road?

Middle floors (typically fourth through eighth storeys) within the development generally offer superior value relative to ground-level or very high-level units, as they command modest discounts compared to premium high-floor positions whilst providing materially better views, natural ventilation, and reduced street-level noise compared to lower levels. Ground-floor and first-storey units, whilst sometimes priced attractively, often sacrifice privacy and rental appeal due to street visibility and potential security concerns, making them less popular with both owner-occupiers and tenants despite nominal pricing advantages. Very high floors command premiums that may not justify the additional cost for investment purposes, as rental demand does not systematically increase at premium heights within HDB developments, unlike private condominiums. Systematic analysis of recent transactions suggests that fourth to sixth storey units represent the optimal price-to-utility ratio for investors prioritising rental yield, whilst owner-occupiers with flexibility may find upper-middle floors satisfactory for personal preference without incurring unjustifiable premiums.

What does the future supply pipeline look like for District 8, and how will it affect Cambridge Road's long-term value?

District 8 is classified as an established residential zone with limited planned HDB new launches in the immediate Farrer Park precinct, meaning supply scarcity should support long-term capital appreciation and rental demand stability at Cambridge Road. Governmental planning strategies typically concentrate new HDB development in peripheral growth areas such as northern and eastern districts, preserving central locations like Farrer Park for established community consolidation rather than explosive expansion. This constrained supply trajectory differs materially from growth districts experiencing rapid new launches that can suppress resale prices and rental yields through competition. The development's position as an established asset within a supply-constrained district positions it favourably for long-term capital preservation and potential appreciation, particularly as the district's infrastructure continues to mature and surrounding employment nodes expand. Investors with extended time horizons should benefit from this structural supply-demand imbalance supporting pricing power over the medium to long term.

Hdb Flat At Cambridge Road — From S$1,200