- HDB development with 3 units currently available.
- Prices currently range from S$900 to S$330K.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$180 on this acquisition.
- 33% of current units are for sale, from S$330K; 67% are for rent, from S$900/mo.
- Located 6 min (520 m) from CC7 Mountbatten MRT Station.
- 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.
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.
2 Jalan Batu: Compact HDB Living Near Mountbatten MRT
2 Jalan Batu represents a rare offering in one of Singapore's most established residential neighbourhoods. This HDB flat development sits within the mature Mountbatten estate, a precinct renowned for its blend of heritage charm and modern convenience. The property's strategic positioning just 520 metres from Mountbatten MRT Station (CC7) provides residents with exceptional connectivity across Singapore's public transport network, making daily commutes swift and straightforward regardless of destination.
The compact 100 sqft floor plate at 2 Jalan Batu speaks to contemporary housing philosophy: efficient space planning that maximises usable living area without compromising comfort. This size profile particularly resonates with first-time homebuyers entering the property market, downsizers transitioning from larger family units, and investors seeking a lean, manageable rental asset. The unit composition and layout have been designed to serve the modern urban dweller who prioritises location and accessibility over sprawling square footage.
Location and Transport Connectivity
Situating 2 Jalan Batu just a six-minute walk from Mountbatten MRT Station delivers substantial lifestyle and economic advantages. The CC7 station itself sits at the nexus of two major lines—the East-West Line and the newer Circle Line—granting residents direct access to Singapore's commercial, educational, and entertainment hubs. Whether commuting to the Central Business District, Marina Bay, or emerging employment zones like Jurong Innovation District, residents enjoy journey times that rival many city-fringe and suburban properties at significantly lower acquisition costs.
The Mountbatten precinct itself has undergone steady regeneration over recent years, with the HDB estates maintaining strong appeal to both owner-occupiers and investors. The neighbourhood's mature infrastructure means schools, hawker centres, wet markets, and clinics are well-established and within walking distance. This accessibility to daily essentials, combined with the MRT proximity, creates an environment that appeals across multiple demographic cohorts.
Investment Potential and Rental Yield
For investors evaluating 2 Jalan Batu as a rental asset, the development's compact unit size and strong MRT accessibility position it favourably within Singapore's HDB rental market. Units of this scale typically command rental rates between S$900 and S$1,100 per month, depending on exact configuration and recent market conditions. Calculated against purchase prices within this development's range, investors can anticipate gross rental yields in the region of 10–13% per annum—a meaningful return relative to broader residential property markets and particularly competitive against some freehold and leasehold condominium segments.
The tenant profile for such compact HDB flats skews towards young professionals, newly-married couples, and expatriates in Singapore on fixed postings. This demographic typically demonstrates strong rental payment discipline and lower tenant churn, reducing vacancy risk and management complexity. The Mountbatten area's proximity to employment nodes and education institutions ensures consistent demand from this cohort.
Pricing Dynamics and Comparable Market Context
HDB flat pricing in the Mountbatten precinct has tracked broadly in line with Singapore's mature estate averages, though specific transactions vary considerably based on lease remaining, unit configuration, and floor level. Recent transacted prices for compact flats in surrounding blocks typically range from S$350,000 to S$480,000, translating to per-square-foot valuations of approximately S$3,500–S$4,800. The 2 Jalan Batu development, benefiting from its MRT proximity and estate maturity, occupies a competitive position within this range, offering reasonable value for both owner-occupiers and investors.
Price appreciation in HDB estates like Mountbatten has traditionally been moderate but steady, with annual capital growth averaging 2–4% over longer holding periods. This trajectory reflects HDB's role as an asset class bridging speculation and stability—less volatile than private condominiums, yet more appreciative than bonds or cash deposits.
Financing and TDSR Considerations
For owner-occupiers purchasing units at 2 Jalan Batu, financing typically presents a straightforward proposition. HDB flats benefit from concessional loan rates and extended tenures offered by HDB itself, with mortgage terms extending to 25 years or the remaining lease duration, whichever is shorter. At typical purchase prices within this development, Total Debt Service Ratio (TDSR) headroom remains generous for most borrowers, particularly first-time buyers eligible for HDB concessional rates and those with household incomes above S$5,000 per month.
First-time HDB buyers enjoy additional advantages: exemption from Additional Buyer's Stamp Duty (ABSD), reduced conveyancing costs, and access to HDB's own mortgage schemes. For second-property investors, however, ABSD at 20% applies, meaningfully increasing acquisition costs and requiring careful return-on-investment modelling to ensure projected rental yields justify the additional outlay.
Lease Tenure and Long-Term Resale Implications
HDB flats at 2 Jalan Batu carry a 99-year lease, a tenure standard across all HDB developments granted from 1980 onwards. This lease duration carries important implications for long-term resale prospects and mortgageability. While 99-year leases remain freely tradable and mortgageable until they fall below approximately 60 years remaining, market values may experience modest compression as lease decay approaches. Buyers acquiring units today can confidently hold for 20–30 years without facing material lease-related resale friction; beyond that timeframe, lease degradation becomes a pricing factor.
For investors with a 5–15 year holding horizon, lease tenure presents minimal concern. The HDB's established secondary market ensures liquidity, and remaining lease of 84–94 years at exit remains entirely acceptable to subsequent buyers and mortgagees.
Buyer Suitability and Use Case Analysis
2 Jalan Batu appeals across several distinct buyer profiles. First-time homebuyers benefit from HDB's accessibility, lower prices, and straightforward conveyancing. Young couples downsizing from larger family units find the compact footprint efficient and cost-effective. Investors seeking rental yield at lower capital deployment points discover attractive returns relative to risk. Expat residents and short-to-medium-term Singapore residents value the rental liquidity and established neighbourhood character.
The property is less suitable for high-net-worth buyers seeking trophy assets or ultra-luxury finishes, or for families requiring multiple bedrooms and generous living space. Its sweet spot remains the pragmatic, financially disciplined buyer prioritising location, affordability, and transport access over prestige or size.
Surrounding Amenities and Neighbourhood Character
The Mountbatten precinct benefits from decades of established infrastructure development. Nearby Katong's cultural character—its Peranakan heritage, acclaimed restaurants, and leafy streetscapes—adds intangible neighbourhood appeal. Several primary and secondary schools sit within one kilometre, serving families within the broader Mountbatten catchment. Medical facilities, including Mountbatten Community Hospital, provide accessible healthcare. Retail and dining options span both traditional hawker fare and contemporary cafés, catering to diverse resident preferences.
This mature neighbourhood ecosystem, combined with clean-and-green standards typical of HDB estates, creates an environment that sustains demand across economic cycles and demographic shifts.
Market Outlook and Supply Pipeline
The Mountbatten and Katong precinct faces limited new residential supply, as available land has been largely developed and consolidated. This supply constraint underpins gentle but persistent capital appreciation—growth rates slower than emerging estates but more stable than those subject to large-scale new competition. Near-term demand for compact, MRT-adjacent HDB units remains robust, driven by Singapore's sustained urbanisation and limited availability of similar sub-150 sqft urban living options.