Type

Units

Min Area

Price Range

1 BR

603 sqft

S$1.1M

2 BR

732 sqft

S$1.5M

Property Highlights

Condo development with 2 units currently available.
Prices currently range from S$1.1M to S$1.5M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$230K on this acquisition.
Located 6 min (470 m) from DT25 Mattar MRT Station.

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The Antares: Modern Living in the Heart of Mattar

The Antares is a residential condominium development strategically positioned at 21 Mattar Road, a locale renowned for its blend of established neighbourhood charm and progressive urban infrastructure. Situated within the Mattar planning zone, this development capitalises on one of Singapore's most accessible and well-connected precincts, appealing to a diverse range of property seekers from first-time buyers through to seasoned investors.

The development's defining advantage lies in its proximity to Mattar MRT Station on the Downtown Line, located merely 470 metres away—a comfortable six-minute walk that places residents within arm's reach of rapid transit connectivity. This accessibility translates directly into commute convenience, with the Downtown Line offering seamless interchange opportunities to other major transport nodes across the island. For working professionals and frequent travellers, such positioning significantly enhances the appeal and long-term desirability of the address.

Location and Connectivity

Mattar Road has evolved into one of Singapore's more sought-after residential corridors, characterised by a mature infrastructure ecosystem and established community amenities. The neighbourhood supports multiple generations of residents, from young couples establishing their first home to upgraders seeking additional space and families valuing proximity to both schools and transport hubs. The presence of the Downtown Line has been transformative for the precinct, unlocking development potential whilst maintaining the residential character that makes the area distinctly appealing.

Beyond the MRT station, residents at The Antares enjoy walkable access to local hawker establishments, neighbourhood shopping centres, and everyday convenience retail. The mature nature of this planning zone means that essential services—clinics, banking facilities, educational institutions—are well-established and integrated into the community fabric. This maturity provides reassurance to property buyers that the infrastructure supporting daily life is already in place and proven.

Market Position and Value Proposition

The Antares presents opportunities across the residential spectrum, with units beginning from approximately S$1.15 million. This pricing sits within a competitive band for the Mattar district, reflecting the development's modern specifications, convenient location, and the inherent value premium associated with proximity to reliable public transport. Prospective buyers evaluating The Antares against other options in the same neighbourhood will find that pricing aligns with market realities whilst offering the advantage of a contemporary development with modern amenities and specifications.

For investors considering property acquisition as part of a diversified portfolio, The Antares warrants serious evaluation. The combination of reliable tenant demand—driven by the convenient MRT access and established neighbourhood infrastructure—and a moderate entry price point creates the conditions for meaningful rental yield generation. The development's positioning appeals particularly to tenants prioritising commute efficiency and access to the city's business districts, a demographic segment that consistently demonstrates robust rental demand and willingness to pay competitive monthly rentals.

Development Characteristics

Units within The Antares are designed to accommodate contemporary living standards, with layouts that prioritise functional space allocation and modern specifications. The development benefits from the kind of design rigour typically expected in Singapore's residential market, with attention paid to flow, natural light, and the efficient use of available square footage. Whether units feature one bedroom, two bedrooms, or other configurations, the underlying design philosophy emphasises practicality and contemporary comfort standards.

The development's facilities and amenities reflect current market expectations for residential developments in this price band. Residents can anticipate access to common facilities that support an active community lifestyle, with provisions typically extending to recreational spaces, landscape design, and security infrastructure appropriate to modern apartment living. These amenities, whilst perhaps modest compared to ultra-luxury developments, are thoughtfully curated to enhance resident experience without adding unnecessary cost burden to unit prices.

Investment and Capital Appreciation Potential

From an investment lens, The Antares occupies a compelling position within Singapore's residential property market. The Downtown Line's maturation has already begun to unlock value across the Mattar precinct, and further development activity in surrounding areas suggests continued investor interest in the zone. Properties located within six minutes' walk of an MRT station historically demonstrate stronger capital appreciation trajectories compared to equivalently specified developments further from transit infrastructure.

The leasehold tenure structure, common to most modern Singapore condominiums, is a material consideration for all purchasers. Understanding the interplay between lease length, projected lease decay, and long-term resale viability is essential to informed acquisition decisions. Properties with longer remaining lease periods command superior market positioning and future flexibility, particularly for subsequent purchasers who may wish to hold the asset for extended periods.

For second-property purchasers who are Singapore Citizens, awareness of Additional Buyer's Stamp Duty obligations is critical to financial planning. The current ABSD rate of 20% applied to second residential property acquisitions by Singapore Citizens represents a material cost component that must be factored into total acquisition expenses. When combined with other stamp duties and purchasing costs, this levy impacts the effective entry price and must be incorporated into yield calculations and investment return analyses.

Buyer Suitability Across Market Segments

First-time homebuyers may find The Antares particularly suitable, as the development's location and pricing provide an entry point to property ownership without requiring the substantial capital deployment associated with premium locations or newer developments in more central areas. The established nature of the Mattar neighbourhood provides confidence in the stability of the residential environment, whilst the MRT accessibility supports long-term lifestyle satisfaction.

Upgraders seeking to expand their residential footprint whilst maintaining excellent transport connectivity will recognise The Antares as a logical next step in their property journey. The development's positioning allows such buyers to trade up in terms of space or amenity offerings without sacrificing the connectivity they've come to value, or requiring relocation to less familiar areas.

High-net-worth individuals and sophisticated investors evaluating The Antares within a portfolio context will appreciate the yield potential and capital appreciation trajectory supported by the location. For those seeking geographical diversification or a secondary residential asset within Singapore, the development offers exposure to an increasingly mature and sought-after planning zone with proven infrastructure credentials.

Market Context and Competitive Landscape

The Mattar precinct has attracted considerable residential development activity over recent years, reflecting strong underlying demand fundamentals and growing investor recognition of the area's strategic positioning. Properties in the immediate vicinity offer points of comparison for evaluating The Antares against competing options, with factors such as design quality, amenity offerings, developer reputation, and precise MRT proximity all contributing to relative valuation.

The forward supply pipeline for residential developments in this district remains active, suggesting that competitive options will continue to emerge. Purchasers evaluating The Antares benefit from conducting thorough comparative analysis against other developments at similar price points and within equivalent distance from the MRT station. Such analysis clarifies whether The Antares offers superior specifications, better value positioning, or more compelling amenity offerings relative to alternatives.

Financing and Debt Servicing Considerations

For mortgage financing purposes, properties at The Antares will be evaluated by financial institutions using standard loan valuation methodologies. The development's location and specifications typically qualify for mainstream financing support, with Loan-to-Value ratios and interest rate assumptions following established banking conventions. Prospective purchasers should engage with their financial advisors to model Total Debt Servicing Ratio implications at various loan amounts and interest rate scenarios, ensuring that acquisition remains comfortably within their debt servicing capacity.

The moderate pricing positioning of The Antares relative to premium districts means that financing requirements, whilst material, remain within reach for middle-income and upper-middle-income purchasers. This accessibility supports the development's appeal to the broad professional demographic that values Mattar's connectivity and neighbourhood character.

Frequently Asked Questions

What rental yield could investors realistically expect from purchasing a unit at The Antares?

Rental yields at The Antares are likely to range between 3.5% and 4.5% gross yield, depending on unit configuration, floor level, and prevailing market rental rates for the Mattar precinct. The development's proximity to Mattar MRT Station and positioning within a mature residential area support consistent tenant demand from young professionals and families prioritising convenient commute access. To arrive at a precise yield forecast, investors should research comparable monthly rentals for similar unit types in the immediate neighbourhood, then model against their anticipated holding period and any anticipated capital appreciation. Local property agents specialising in the Mattar area can provide granular rental market data specific to current lettings activity.

How do current pricing at The Antares compare to recent price-per-square-foot transactions in the Mattar area?

Recent transactions in the Mattar neighbourhood have traded within a price-per-square-foot band of approximately S$1,800 to S$2,100 per square foot for residential units in comparable mid-range developments, depending on specific location nuance and amenity positioning. The Antares sits within this competitive range, with its pricing reflecting the development's contemporary specifications, direct MRT proximity, and developer quality. To validate whether The Antares offers superior or inferior value relative to recent comparable sales, prospective buyers should examine recent arm's-length transactions for units of equivalent bedroom configuration and floor positioning across the same planning zone, accounting for any material differences in lease length, amenity offerings, or transport distance.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens purchasing a second residential property at The Antares?

Singapore Citizens acquiring a second residential property at The Antares will be subject to Additional Buyer's Stamp Duty at the current rate of 20%, calculated on the purchase price. For a property acquired at S$1.15 million, this equates to S$230,000 in ABSD liability, which must be paid within fourteen days of the Option to Purchase being exercised. This ABSD cost materially impacts the total capital deployment required for acquisition and should be factored directly into investment return modelling and cash flow planning. Prospective second-property purchasers must account for ABSD alongside standard conveyancing stamp duties and legal costs when computing total acquisition expense.

What lease decay risk should buyers consider, and how might remaining lease length affect future resale value?

Leasehold properties in Singapore experience progressive value decline as the lease term shortens, a dynamic that accelerates markedly below the thirty-year threshold. Properties at The Antares should be evaluated with explicit attention to the remaining lease length at the time of acquisition, as this directly influences future marketability and refinancing accessibility for subsequent purchasers. A development with a 99-year lease, for instance, poses minimal immediate lease decay concern but warrants monitoring across a long holding period, particularly if the purchaser anticipates holding beyond a ten to fifteen-year horizon. Buyers should confirm the exact lease commencement date and remaining term, then model the anticipated lease length at their planned exit date to understand whether residual lease term might constrain future buyer appeal or financing options.

How significantly does proximity to Mattar MRT Station influence property demand and capital appreciation at The Antares?

Proximity to an operational MRT station is one of the most material drivers of residential property demand and long-term capital appreciation in Singapore's market, and The Antares benefits materially from its 470-metre proximity to Mattar Station on the Downtown Line. Properties within a six-minute walk of an MRT station historically demonstrate stronger capital appreciation than equivalently specified developments located beyond convenient walking distance, as transit accessibility directly influences tenant demand, occupancy rates, and buyer competition. The Downtown Line's continued expansion and maturation suggests that the Mattar precinct will likely sustain above-average investor interest over the medium to long term, supporting both rental demand fundamentals and potential capital growth. The convenience of MRT access is particularly compelling for young professionals, upgraders, and investors evaluating properties as rental yields depend heavily on tenant pools prioritising transport accessibility.

Which buyer profiles—first-timers, upgraders, HNW investors, or others—is The Antares most suitable for?

The Antares appeals across multiple buyer segments. First-time homebuyers appreciate the development's moderate pricing, established neighbourhood credentials, and excellent MRT connectivity, allowing entry into property ownership without requiring relocation to unfamiliar or underdeveloped areas. Upgraders seeking to expand their residential footprint whilst maintaining transport convenience find The Antares compelling as a logical next step beyond an initial HDB-to-condo transition. Sophisticated investors and high-net-worth individuals recognise the development's yield potential and capital appreciation trajectory supported by the established location and proven demand dynamics, making it suitable for portfolio diversification or secondary residential acquisition. The broad appeal across these segments reflects The Antares' positioning within a mature, well-serviced precinct that delivers genuine lifestyle and investment merit across different buyer motivations and financial capacity.

What TDSR headroom exists for typical purchasers at The Antares price points, and what financing considerations should buyers model?

For a property acquisition at approximately S$1.15 million with a 75% loan-to-value ratio, borrowers would typically finance around S$862,500, resulting in estimated monthly mortgage servicing of approximately S$4,200 to S$4,500 depending on current interest rates and loan tenure. Singapore's TDSR guidelines cap total monthly debt servicing at 60% of gross monthly income, meaning that a purchaser would require monthly gross income of approximately S$7,000 to S$7,500 to comfortably service a mortgage at this level whilst maintaining headroom for other obligations. Purchasers should model multiple interest rate scenarios—both current rates and a 2% to 3% stress rate—to understand their affordability envelope across different rate cycles. Engaging a financial advisor to compute precise TDSR compliance at various loan amounts, tenure assumptions, and rate scenarios ensures that acquisition remains sustainable across economic cycles and personal financial circumstances.

How does The Antares compare to other mid-range developments within the same distance band from Mattar MRT?

The Mattar precinct has attracted considerable residential development activity, creating multiple comparable options for purchasers evaluating The Antares against alternative developments within equivalent proximity to the MRT station. Comparative evaluation should focus on design quality, amenity comprehensiveness, lease length and commencement date, developer reputation and track record, and unit layout configurations offered. Price-per-square-foot comparisons provide useful baseline positioning, but buyers should also evaluate qualitative factors such as landscape design, security provisions, community facilities, and overall finish quality that differentiate developments beyond raw pricing metrics. Conducting site visits to competing developments and reviewing their amenity offerings alongside The Antares clarifies whether the development offers superior specifications and value positioning relative to alternatives at comparable price points, thereby supporting informed acquisition decisions.

Which unit stacks, floor levels, or configurations at The Antares offer the most compelling value positioning?

Lower floor units—typically levels two through six—often command modest pricing discounts compared to mid-range levels, yet deliver equivalent functionality and amenity access whilst incurring lower construction and finishing costs for developers, sometimes translating to better value per square foot for price-conscious buyers. Mid-range floors (levels seven through twenty, depending on building height) often trade at price premiums reflecting enhanced views and light, yet these premiums may exceed the subjective value differential for many purchasers, suggesting potential value in the lower-to-mid floor band. Higher floor units attract significant buyer enthusiasm and premium pricing, particularly where views extend across the neighbourhood or towards meaningful landmarks, yet these premiums reflect preference rather than material functionality differences. Corner units and those positioned to capture northern light or views typically command modestly higher prices than otherwise equivalent internal units, a premium that may or may not align with individual buyer valuation. Prospective buyers should evaluate their personal preferences around light, views, and circulation flow, then assess whether pricing for favoured configurations aligns with the subjective value those attributes deliver to their specific circumstances.

What forward supply pipeline exists in the Mattar district, and how might future developments impact The Antares' capital appreciation potential?

The Mattar planning zone has experienced considerable development activity over recent years, with the Downtown Line's completion having catalysed investor interest in the precinct and unlocked additional land earmarked for residential development. The Urban Redevelopment Authority's planning parameters and the availability of remaining developable sites suggest that additional residential projects will likely emerge across the Mattar locality over the next five to ten years, potentially increasing supply and moderating price growth rates in the near term. However, the underlying demand fundamentals supporting the precinct—proximity to the city core, established infrastructure, and MRT connectivity—remain robust, suggesting that supply augmentation will be absorbed by the resident and investor populations rather than creating material oversupply dynamics. Purchasers evaluating The Antares should monitor planning announcements and development pipelines to understand the timing and specifications of competing projects, as this informs judgments about relative valuation positioning and medium-term capital appreciation trajectories. Developments offering superior amenities or positioning relative to incoming competitors may outperform, whilst developments positioned as value options in the precinct may face pricing pressure as competitive options increase.

[For Sale] The Antares — From S$1.1M