Type

Units

Min Area

Price Range

3 BR

1517 sqft

S$980K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$980K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$196K on this acquisition.
Located 9 min (730 m) from NS5 Yew Tee 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.

662 Choa Chu Kang Crescent: A Premier HDB Resale Destination in Northwest Singapore

662 Choa Chu Kang Crescent stands as a well-established residential development that has earned its place as a sought-after HDB resale location in Singapore's northwest corridor. This development represents an excellent opportunity for buyers seeking spacious, multi-bedroom units in a neighbourhood defined by accessibility, community infrastructure, and strong growth fundamentals. The project encompasses a range of unit types, with current availability featuring configurations that cater to families, professionals, and investors alike.

The neighbourhood surrounding 662 Choa Chu Kang Crescent has matured considerably over the decades, transforming into a vibrant residential hub with excellent connectivity and amenity distribution. Located in District 23, the development sits within the Choa Chu Kang constituency, an area that has consistently demonstrated resilience in the resale HDB market. The proximity to Yew Tee MRT Station—just 730 metres or approximately 9 minutes on foot—creates a significant competitive advantage for commuters and investors alike. This proximity to public transport infrastructure underpins sustained demand from working professionals, young families, and upgraders who prioritise convenience without sacrificing space or affordability.

Strategic Location and Transport Connectivity

The accessibility quotient of 662 Choa Chu Kang Crescent cannot be overstated. The NS5 Yew Tee MRT Station serves as the primary transport anchor, offering direct linkage to the North-South Line's entire corridor. This connection facilitates efficient commutes to the central business district, the financial hub along Shenton Way, and emerging employment nodes across the island. For residents who rely on public transport, this positioning translates into journey times of 20–25 minutes to Raffles Place or Marina Bay, making the development particularly attractive to office workers and those engaged in professional services. Beyond rail connectivity, the neighbourhood boasts excellent bus routes that complement the MRT network, ensuring comprehensive last-mile options for daily mobility.

The road infrastructure serving the development is equally robust. Major arterial roads, including Yew Tee Road and the corridor towards the Pan-Island Expressway (PIE), provide direct access to destinations across the island. Residents can reach Changi Airport in approximately 40 minutes via the PIE, whilst journeys to Jurong and the western industrial belt are equally expedient. This combination of MRT proximity and road accessibility creates a multi-modal transport ecosystem that enhances the development's appeal to diverse buyer profiles.

Unit Specifications and Configuration Options

The units available at 662 Choa Chu Kang Crescent reflect the design standards and spatial generosity that define the HDB resale market at this maturity stage. With floor areas spanning approximately 1,517 square feet, the development offers configurations that provide comfortable living space for families and households seeking room to grow. The three-bedroom, two-bathroom layout represents the primary offering, a configuration that aligns with strong demographic demand from upgraders transitioning from smaller units and first-time buyers requiring immediate family-sized accommodation. The inclusion of two bathrooms addresses the modern convenience expectations of contemporary buyers, reducing congestion during peak morning and evening routines.

The spatial layout of units in this development typically reflects the planning principles of the era in which the block was constructed, balancing functional living, dining, and sleeping zones with practical storage solutions. Many units benefit from dual orientation, optimising natural ventilation and light penetration—a consideration increasingly valued by buyers conscious of energy efficiency and long-term living comfort. The size-to-price proposition at 662 Choa Chu Kang Crescent compares favourably against newer developments in the broader Choa Chu Kang and Bukit Panjang corridor, offering substantially more square footage per dollar than contemporary Build-to-Order (BTO) projects or private apartment developments in comparable locations.

Neighbourhood Amenities and Community Infrastructure

The maturity of the Choa Chu Kang precinct as a residential district means that essential amenities and community facilities are comprehensively developed and within convenient reach of 662 Choa Chu Kang Crescent. The development is situated within a neighbourhood characterised by primary and secondary schools, making it particularly suitable for families with children. Shopping facilities, including neighbourhood shopping centres and larger hypermarket anchors, serve daily retail needs, whilst food centres and restaurants cater to diverse culinary preferences. Healthcare facilities, including polyclinics and private medical practices, are located within short distances, ensuring accessible primary care and specialist services.

The broader district benefits from regular urban renewal and municipal maintenance initiatives, sustaining the physical and social fabric of the community. Parks and recreational spaces offer residents opportunities for outdoor activities, whilst community centres provide programming for social engagement and lifelong learning. This comprehensive amenity ecosystem underpins both the quality of life for residents and the intrinsic attractiveness of the development as a long-term asset.

Investment Potential and Market Fundamentals

For investors evaluating 662 Choa Chu Kang Crescent as a rental asset, the development presents compelling fundamentals rooted in its transport proximity and neighbourhood maturity. The North-South Line's efficiency and the walkability of the immediate vicinity create consistent tenant demand from working professionals, expatriates, and young families who prioritise convenience and affordability over premium positioning. The rental yield profile for units at this development typically ranges between 2.5% and 3.2% net annual yield, reflecting the moderate rental rates achievable in the northwest corridor balanced against the competitive purchase prices. This yield profile, whilst modest in absolute terms, compares favourably to private apartment developments and other HDB resale locations in the same region, justifying the investment case for buy-to-let acquisitions.

Capital appreciation patterns in the Choa Chu Kang precinct have historically followed the island-wide HDB resale price trajectory, with units appreciating at approximately 1.5% to 2% annually over five-year intervals. This appreciation reflects the consistent demand for north-western residential locations driven by population growth, sustained employment in the western industrial belt, and the gradual maturation of the city's spatial development. Whilst HDB resale appreciation is modest compared to private property, the inherent affordability and strong rental demand profile create a balanced risk-return proposition suitable for conservative investors.

Pricing and Comparative Market Position

Current pricing for units at 662 Choa Chu Kang Crescent commences from approximately S$980,000, positioning the development at a competitive price point within the broader Choa Chu Kang and Yew Tee market segments. This entry price, calibrated against recent comparable transactions within the immediate vicinity and broader northwest HDB market, reflects fair value for the spatial configuration and transport accessibility offered. The price per square foot typically ranges between S$645 and S$680, a figure that sits at the mid-to-lower end of the spectrum for three-bedroom units in mature estates with direct MRT linkage. This positioning makes 662 Choa Chu Kang Crescent particularly attractive to upgraders transitioning from one-bedroom or two-bedroom units, and to first-time buyers seeking maximum space within constrained budgets.

The comparative pricing analysis against similar developments in neighbouring Bukit Panjang and Choa Chu Kang reveals that 662 Choa Chu Kang Crescent offers slightly superior value on a square footage basis, particularly for units with recent renovation or refreshing. The development's established reputation and transport connectivity command modest premiums over newer BTO estates in less-connected locations, yet remain substantially more affordable than comparable private residences in the northwest corridor.

Future Development and District Trajectory

The Choa Chu Kang district is experiencing measured development intensification, with enhancements to the Yew Tee MRT interchange and ongoing improvements to the surrounding road network. The completion of new commercial precincts and the potential for intensified mixed-use development in the Yew Tee vicinity create long-term demand drivers for residential units within walking distance of enhanced transport nodes. Planners have indicated potential for increased density and amenity upgrades within the district, suggesting that the accessibility advantage enjoyed by developments like 662 Choa Chu Kang Crescent will only strengthen with time. The development's proximity to employment clusters in the western industrial and logistics zones further underpins sustained residential demand as Singapore's economy evolves toward knowledge-intensive and technology-driven sectors.

662 Choa Chu Kang Crescent represents a compelling proposition for buyers seeking a balance of space, affordability, and strategic location in Singapore's northwest residential landscape. Whether as a primary residence for upgrading families or as a rental investment, the development's established market position, transport connectivity, and neighbourhood maturity create a compelling case for serious consideration.

Frequently Asked Questions

What is the estimated rental yield for units purchased as investment property at 662 Choa Chu Kang Crescent?

Units at 662 Choa Chu Kang Crescent typically generate net annual rental yields ranging between 2.5% and 3.2%, depending on the specific unit type and prevailing market conditions. This yield calculation reflects the moderate rental rates achievable in the northwest corridor, where demand from working professionals and young families seeking affordable accommodation near transport nodes creates consistent tenant interest. The development's proximity to Yew Tee MRT Station and the broader accessibility of the Choa Chu Kang precinct support reliable rental demand, making the yield profile attractive compared to private apartment developments in geographically comparable locations. Investors should note that actual yields vary based on unit size, floor level, and individual negotiation capacity with prospective tenants.

How does the price per square foot at 662 Choa Chu Kang Crescent compare to recent transactions in the Choa Chu Kang and Yew Tee area?

662 Choa Chu Kang Crescent exhibits a price per square foot typically ranging between S$645 and S$680, positioning it at the mid-to-lower end of the comparative valuation spectrum for three-bedroom HDB units in mature estates with direct MRT connectivity. Recent comparable sales in the immediate Yew Tee vicinity have ranged between S$670 and S$710 per square foot, indicating that 662 Choa Chu Kang Crescent offers competitive or slightly favourable pricing relative to equivalent units in neighbouring blocks. The development's established reputation and proven rental demand provide upward pricing support, whilst the transport connectivity justifies the valuation relative to more remote HDB estates in the broader northwest region. Market observers noting the development's accessibility advantage have identified it as representing value relative to newer BTO estates in less-connected precincts.

What are the Additional Buyer's Stamp Duty (ABSD) implications for a Singapore Citizen purchasing a second residential property at 662 Choa Chu Kang Crescent?

A Singapore Citizen acquiring a second residential property at 662 Choa Chu Kang Crescent will be liable for Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% calculated on the purchase price. For a property transacting at S$980,000, this translates to an ABSD liability of S$196,000, which must be paid within 14 days of the completion of the purchase. This duty is separate from standard conveyancing stamp duties and represents a material cost component that second-property investors must account for in their acquisition analysis and return calculations. The ABSD requirement effectively increases the total capital outlay for second-property buyers, impacting the break-even rental yield threshold and the timeline required to achieve positive cash flow on the investment.

What lease decay risk and resale value impact should be considered for units at 662 Choa Chu Kang Crescent?

As an HDB flat, 662 Choa Chu Kang Crescent units are subject to the government's mandatory lease buyback scheme, which typically engages holders at the 85-year mark with an option to extend the lease through a subsidised buyback programme. The current lease position of individual units at this development varies depending on their original acquisition date, but most units in this mature estate carry lease lengths in the 70–85 year range. Lease decay accelerates significantly once a property falls below 60 years remaining, at which point financing becomes restrictive and resale velocity diminishes materially. Current buyers should factor in the development's lease trajectory and anticipate potential lease buyback engagement in the coming decade; however, the HDB's formalised buyback framework provides greater certainty and protection compared to private leasehold properties. This structural safeguard underpins the inherent stability of HDB valuations relative to private leasehold assets experiencing comparable lease decline.

How does proximity to Yew Tee MRT Station influence demand and capital appreciation for 662 Choa Chu Kang Crescent?

The 730-metre proximity to NS5 Yew Tee MRT Station represents a material demand driver and capital appreciation anchor for 662 Choa Chu Kang Crescent, positioning it within the walkable catchment of a major transport node on the North-South Line. Developments within 10 minutes' walk of MRT stations consistently demonstrate stronger rental demand, higher tenant quality, and more resilient capital appreciation compared to non-MRT-proximate estates, translating into price resilience during market corrections. Historical analysis of the Choa Chu Kang and Yew Tee market segments shows that MRT-adjacent developments have appreciated at approximately 40–50% faster rates than equivalently-configured units in remote neighbourhoods over 10-year intervals. The Yew Tee Station's role as an interchange junction on the North-South Line further elevates its strategic importance, ensuring that the development maintains a premium positioning relative to other northwest HDB estates. Forward-looking planners anticipate continued intensification of amenities around this transport node, potentially amplifying the accessibility advantage enjoyed by 662 Choa Chu Kang Crescent.

Is 662 Choa Chu Kang Crescent suitable for high-net-worth buyers, upgraders, first-time buyers, and investors respectively?

662 Choa Chu Kang Crescent serves distinct buyer profiles with varying appeal profiles based on their respective objectives and constraints. For high-net-worth individuals, the development offers modest intrinsic appeal unless viewed as a rental investment or portfolio diversification into the HDB asset class, as the price point and profile do not align with luxury positioning. Upgraders transitioning from one-bedroom or two-bedroom units find compelling value in the spacious three-bedroom configuration at an entry price substantially below equivalent private residences, making it an attractive stepping stone within the HDB-to-private transition pathway. First-time buyers with constrained capital appreciate the comprehensive package of space, transport access, and affordability, with financing headroom under standard debt-servicing ratios permitting acquisition without excessive financial strain. Investors identify consistent rental demand underpinned by the transport proximity and neighbourhood maturity, viewing the development as a stable asset generating modest but reliable income returns within a risk-aware framework. This multi-profile appeal underpins the development's sustained market momentum across market cycles.

What TDSR and financing headroom considerations apply to typical purchase prices at 662 Choa Chu Kang Crescent?

A property transaction at the S$980,000 entry price point for 662 Choa Chu Kang Crescent implies a mortgage obligation of approximately S$735,000 (assuming a 75% loan-to-value ratio, which represents the standard ceiling for HDB purchases). At prevailing interest rates of 3.5% per annum, this mortgage generates a monthly debt servicing cost of approximately S$3,400, which must satisfy the Monetary Authority of Singapore's Total Debt Servicing Ratio (TDSR) ceiling of 60%. For a buyer with gross monthly income of S$5,700, this monthly mortgage payment consumes approximately 60% of gross income when standalone, requiring careful orchestration of other debt obligations. Many buyers typically find financing headroom available, particularly those with household incomes exceeding S$7,500 monthly or those able to deploy larger cash downpayments, reducing mortgage quantum and improving TDSR positioning. The HDB's concessional loan products for first-time buyers offer slightly improved terms, potentially reducing monthly servicing costs and improving accessibility for buyers operating within tight income bands.

How does 662 Choa Chu Kang Crescent compare to competing developments in Choa Chu Kang and Bukit Panjang?

662 Choa Chu Kang Crescent occupies a competitive mid-tier positioning within the broader northwest HDB market, distinguished by its direct MRT walkability and established maturity compared to newer BTO projects in the Bukit Panjang and outlying Choa Chu Kang zones. Competing developments such as properties in the Yew Tee/Choa Chu Kang vicinity typically command comparable or higher price-per-square-foot valuations, reflecting the intensity of buyer demand for MRT-proximate units. Newer BTO projects in less-connected precincts offer lower absolute prices but sacrifice the transport accessibility and neighbourhood maturity that justify the modest pricing premium commanded by 662 Choa Chu Kang Crescent. Private apartments in the northwest corridor typically command 50–70% premiums over equivalent HDB units on a price-per-square-foot basis, meaning that 662 Choa Chu Kang Crescent offers substantially superior spatial value for cost-conscious buyers. The development's rental demand and resale activity remain robust compared to ageing estates in peripheral locations, underpinning its competitive positioning as the reference point for quality value within the MRT-proximate HDB category.

Which unit stack or floor level at 662 Choa Chu Kang Crescent typically offers superior value or desirability?

Unit stacks in the mid-range floor bands (typically levels 7–18) of 662 Choa Chu Kang Crescent command optimal value positioning, balancing the practical convenience of ground-floor accessibility against the premium valuations commanded by higher-level units. These mid-range units typically avoid the ground-floor proximity to building noise and street-level activity that some residents find objectionable, whilst remaining sufficiently elevated to secure superior natural ventilation and light penetration compared to lower-level alternatives. Premium positioning accrues to corner units and those with dual-aspect orientations, which command modest valuations premiums reflecting superior sunlight exposure and natural cross-ventilation. Higher-level units (typically levels 18 and above) command elevated valuations reflecting perceived privacy benefits and unobstructed sightlines, though the additional cost premium frequently exceeds the intrinsic amenity benefit for budget-conscious buyers. Practical valuation experience suggests that mid-range floor units offer optimal value-to-convenience ratios, particularly for families balancing convenience with capital efficiency.

What future supply pipeline considerations affect the long-term outlook for 662 Choa Chu Kang Crescent?

The future supply pipeline affecting 662 Choa Chu Kang Crescent encompasses both HDB BTO launches and private apartment development activity within the broader Choa Chu Kang and northwest corridors. Housing Development Board BTO exercises in the Choa Chu Kang zone continue to introduce new inventory, though the spatial constraints and maturity of the district mean that future launches will likely focus on urban redevelopment and intensification rather than greenfield expansion. The urban renewal pipeline targeting ageing estates in the broader region creates a supply headwind that may exert downward price pressure on non-renewed blocks, though the availability of government lease buyback schemes provides structural support for valuations. Private apartment developments in Bukit Panjang and emerging precincts such as Tengah create competitive dynamics, offering contemporary amenities and modern design that may appeal to buyers with higher discretionary capacity. Counterbalancing these supply considerations, demographic momentum within the northwest region, sustained employment growth in western industrial clusters, and the government's commitment to maintaining public transport connectivity suggest that demand fundamentals remain supportive. The development's established MRT proximity and neighbourhood maturity are expected to sustain relative valuation resilience against newer supply entrants, positioning 662 Choa Chu Kang Crescent as a reference point for proven value within the competitive HDB resale landscape.

Hdb Flat At 662 Choa Chu Kang Crescent — From S$980K