Type

Units

Min Area

Price Range

1 BR

366 sqft

S$280K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$280K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$56,000 on this acquisition.
Located 3 min (250 m) from TE16 Havelock 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.

10 Jalan Bukit Ho Swee: Central Living in a Historic Precinct

Situated at the heart of Singapore's urban landscape, 10 Jalan Bukit Ho Swee represents an opportunity to secure compact, efficient housing in one of the island's most strategically positioned residential neighbourhoods. The development sits within the Bukit Ho Swee precinct, a area that has undergone significant revitalisation while retaining its community character and accessibility. This location bridges the gap between established suburban living and proximity to the city's commercial and cultural zones, making it an attractive proposition for a diverse range of purchasers.

The address places residents just 250 metres from Havelock MRT Station on the Thomson-East Coast Line, a journey of approximately three minutes on foot. This proximity to mass rapid transit infrastructure significantly enhances the appeal of the property for commuters working across Singapore's business districts. The Havelock station is a key interchange point, offering convenient access to multiple employment hubs, educational institutions, and recreational facilities throughout the island. Such connectivity has historically underpinned demand for housing in this locale, and the ongoing expansion of Singapore's MRT network continues to reinforce its importance as a transportation hub.

Character and Connectivity of the Bukit Ho Swee Precinct

The Bukit Ho Swee area occupies a unique position within Singapore's urban fabric. Historically significant as one of the first large-scale public housing projects launched under Singapore's early nation-building efforts, the precinct has evolved into a mature residential neighbourhood with a strong sense of community. The surrounding area is characterised by tree-lined streets, mixed-use developments, and easy access to retail, dining, and services that cater to daily living needs. Residents benefit from the presence of established schools, polyclinics, and community centres that underscore the neighbourhood's role as a complete living ecosystem.

The location's central positioning means that major commercial and entertainment districts lie within reasonable travelling distance. Whether commuting to the financial district, accessing healthcare facilities, or enjoying leisure and cultural activities, residents of 10 Jalan Bukit Ho Swee enjoy a level of urban accessibility that is rarely found in compact, affordable housing developments. The neighbourhood's maturity also means that infrastructure and services have been refined over decades, reducing the uncertainty that sometimes accompanies newer residential precincts.

Property Specifications and Offering

The development comprises HDB flats across a range of configurations, with units beginning from S$280,000, reflecting competitive pricing for a location of this calibre. Individual units span approximately 366 square feet, a footprint that maximises usable living space whilst maintaining the efficiency characteristic of well-designed public housing. The standard one-bedroom, one-bathroom configuration suits various household compositions, from young professionals entering the property market to downsizers seeking manageable, low-maintenance homes. The compact nature of these units also translates to lower maintenance costs, utility bills, and overall upkeep expenses, a factor that appeals to budget-conscious buyers and long-term investors alike.

HDB properties in Singapore's central areas have historically maintained strong resale value, particularly when located in neighbourhoods with enduring demand and established infrastructure. The Bukit Ho Swee locality benefits from decades of proven desirability, underpinned by its convenient location and community infrastructure. Prospective purchasers should note that HDB flats typically fall under the 99-year or 999-year lease tenure structure, with lease length playing a material role in long-term resale valuations. Understanding the specific lease terms of individual units within the development is essential for informed decision-making, particularly for those viewing the property as a long-term investment.

Investment Considerations and Market Position

For investors, HDB flats in central locations have traditionally offered competitive rental yields, particularly in precincts where demand for rental accommodation outpaces owner-occupied supply. The proximity to Havelock MRT Station and the neighbourhood's maturity make the development attractive to renters seeking convenience without premium price points. Rental demand in the area tends to be driven by young professionals, expatriate workers, and individuals valuing the location's transport connectivity and established amenities. Those considering a purchase-to-let strategy should evaluate the local rental market carefully, as yields can vary based on unit configuration, floor level, and building age.

First-time buyers will find the price point and location compelling, particularly given the alternative costs associated with purchasing private residential property in comparable locations. The affordable entry price, combined with the certainty of HDB ownership and the proximity to essential services and transport, positions these flats as a pragmatic option for those building their property portfolios. The established nature of the Bukit Ho Swee neighbourhood also reduces the speculative risk associated with newer developments, offering stability that appeals to risk-averse purchasers.

Neighbourhood Amenities and Lifestyle

The precinct surrounding 10 Jalan Bukit Ho Swee benefits from a comprehensive range of retail, food and beverage, and leisure offerings. Nearby shopping centres, hawker centres, and markets provide residents with affordable and convenient access to daily necessities and dining options. The neighbourhood's diverse population and long-established community structures mean that cultural events, festivals, and neighbourhood activities are regular features of life in the area. For families, the presence of schools and childcare facilities within reasonable proximity is a significant draw, whilst healthcare facilities and pharmacies serve the broader population's wellness needs.

The area's mature landscaping and the proximity to the Singapore River corridor offer green spaces and recreational opportunities that enhance quality of life. Residents can access parks, jogging paths, and community sports facilities that encourage active lifestyles without requiring lengthy commutes. This balance between urban convenience and access to green spaces is a hallmark of well-planned neighbourhoods in Singapore and a factor that contributes to the area's enduring appeal across generational cohorts.

Market Dynamics and Future Outlook

The HDB resale market in central precincts has demonstrated resilience and consistent demand over multiple property cycles. The Bukit Ho Swee area, benefiting from its historical significance, established community infrastructure, and strategic location relative to transport networks, has proven attractive to repeat investors and owner-occupiers alike. The continued expansion of Singapore's MRT network and ongoing urban intensification in central areas suggest that accessibility to this neighbourhood will remain a material asset for future generations of homebuyers and renters.

Prospective purchasers should be mindful of the broader HDB lease decay phenomenon, whereby properties with declining lease periods may experience valuation adjustments. For units at 10 Jalan Bukit Ho Swee, understanding the remaining lease term is critical, as this will directly influence long-term resale prospects and the property's role within a long-term investment strategy. Buyers with extended investment horizons should prioritise units with longer lease durations, whilst those viewing the purchase as a medium-term holding may have greater flexibility regarding lease length considerations.

Positioning for Different Buyer Cohorts

The development appeals to a broad demographic spectrum. First-time buyers benefit from accessible pricing, established infrastructure, and strong transport connectivity. Upgraders moving to a more central location will appreciate the neighbourhood's maturity and the lifestyle conveniences it affords. Investors seeking stable, cash-generative assets will find the combination of location, affordability, and rental demand compelling. Downsizers seeking to reduce housing costs and maintenance burdens while retaining urban accessibility will find the compact units well-suited to their needs.

The high-net-worth individual may view the development as a diversified addition to a multi-asset portfolio, particularly if seeking exposure to Singapore's core residential real estate without the commitments associated with larger properties. The relatively lower absolute purchase price allows such purchasers to allocate capital across multiple assets whilst maintaining meaningful exposure to central Singapore residential real estate trends.

Frequently Asked Questions

What rental yield might an investor expect from purchasing an HDB flat at 10 Jalan Bukit Ho Swee?

HDB flats in central locations with strong MRT accessibility have historically delivered gross rental yields ranging from 2.5% to 4.5% annually, depending on unit configuration, floor level, and prevailing market conditions. The proximity to Havelock MRT Station and the neighbourhood's established amenities make the development attractive to renters seeking convenience, supporting demand for lettings in this precinct. Investors should conduct a detailed analysis of recent comparable rental transactions in the Bukit Ho Swee area to establish realistic yield expectations, as rental rates can fluctuate based on broader economic conditions, competing supply, and evolving tenant preferences. Consulting local rental data and engaging with property management professionals familiar with the area will provide more granular insights into potential cash-generative performance.

How does the pricing per square foot at 10 Jalan Bukit Ho Swee compare to recent HDB transactions in the same district?

The development's price point of S$280,000 for approximately 366 square feet translates to a per-square-foot valuation that reflects the central location, established neighbourhood infrastructure, and proximity to Havelock MRT Station. Recent HDB resale transactions in the Bukit Ho Swee and adjacent central areas have demonstrated varying price per square foot depending on lease length, floor level, unit age, and renovation status, generally ranging from S$700 to S$900 per square foot for comparable configurations. The affordability of units at 10 Jalan Bukit Ho Swee relative to private residential alternatives in similarly central locations underscores the value proposition of HDB ownership for budget-conscious purchasers. Prospective buyers should review recent comparable sales data through HDB resale transaction records and engage valuers familiar with the locale to contextualise the development's pricing within the broader market landscape.

What are the Additional Buyer's Stamp Duty implications for a Singapore Citizen purchasing a second residential property at this development?

A Singapore Citizen purchasing a second residential property, including an HDB flat at 10 Jalan Bukit Ho Swee, is subject to Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. For a property priced at S$280,000, this represents an additional stamp duty liability of S$56,000, substantially increasing the total acquisition cost beyond the base purchase price. The ABSD is payable on completion and represents a material cost consideration in investment and upgrading scenarios, necessitating careful financial planning and liquidity assessment prior to committing to the purchase. Purchasers should factor the ABSD obligation into their total cost of acquisition calculations and consider the impact on overall investment returns or budget headroom when evaluating the purchase decision.

How does lease decay affect the long-term resale value and investment viability of HDB flats at this development?

HDB leasehold properties experience gradual valuation pressure as remaining lease tenure declines, a phenomenon known as lease decay, which can materially impact resale prices and investor returns over extended holding periods. Properties with leases below 60 years typically command reduced prices relative to equivalent units with longer lease terms, reflecting reduced financing options and the compressed investment horizon. For units at 10 Jalan Bukit Ho Swee, understanding the specific remaining lease length is essential to long-term investment viability; units with 99-year tenures will experience significantly more pronounced lease decay over a 30-year horizon compared to those with 999-year leases. Prospective buyers should prioritise units with extended lease terms where possible, particularly if viewing the acquisition as a multi-decade holding, and should incorporate lease decay assumptions into any financial modelling of long-term returns.

How does proximity to Havelock MRT Station influence demand and capital appreciation for properties at this location?

Proximity to mass rapid transit infrastructure is one of the most significant demand drivers in Singapore's residential property market, and Havelock MRT Station's position on the Thomson-East Coast Line makes it a critical connectivity node for residents across multiple precincts. Properties within a 300-metre radius of MRT stations typically command premium valuations relative to those further afield, reflecting the time savings, accessibility, and broader transport network benefits that MRT connectivity provides. The three-minute walk from 10 Jalan Bukit Ho Swee to Havelock Station positions the development advantageously relative to alternative central locations, supporting sustained demand from commuters and contributing to historical patterns of stable or appreciating valuations in the precinct. Capital appreciation in centrally-located HDB properties has traditionally been driven by transport connectivity, neighbourhood maturity, and land scarcity; the presence of Havelock MRT Station reinforces these fundamentals and suggests that the development's location will retain enduring appeal across multiple property cycles.

What buyer profiles are best suited to purchasing property at 10 Jalan Bukit Ho Swee?

First-time buyers seeking affordable entry into Singapore's property market will find the development highly suitable, given its accessible price point, established infrastructure, and zero Additional Buyer's Stamp Duty exposure (as this applies only to subsequent purchases). Upgraders relocating from outer-ring HDB estates or private properties seeking greater urban convenience will appreciate the neighbourhood's centrality and mature amenity landscape. Investors targeting stable, cash-generative assets with lower absolute capital requirements will find the affordability and rental demand in the precinct compelling. Downsizers seeking to reduce housing costs and maintenance burdens whilst retaining access to city conveniences align well with the compact, efficient unit configurations on offer. High-net-worth individuals diversifying residential real estate exposure will value the strategic location and lower absolute cost relative to private alternatives in comparable precincts.

What Total Debt Service Ratio (TDSR) and financing headroom considerations apply at this development's price point?

The base purchase price of S$280,000 falls well within the financing capacity of most qualified Singapore buyers, allowing for meaningful TDSR and monthly repayment headroom even for purchasers with moderate incomes. Most financial institutions will finance HDB properties at loan-to-value ratios up to 80%, translating to a maximum loan of S$224,000 for units at this price point, with the balance and associated stamp duties funded from the purchaser's own resources or Central Provident Fund (CPF) withdrawals. TDSR regulations limit monthly debt servicing obligations to a maximum of 60% of gross monthly income; for a S$224,000 loan over a 25-year tenure, monthly repayments would approximate S$1,100 to S$1,200 depending on prevailing interest rates, requiring gross monthly income of approximately S$1,800 to S$2,000 to remain within TDSR constraints. Prospective purchasers should engage with mortgage brokers and financial advisers to evaluate their specific TDSR position and overall financing capacity before proceeding with an offer.

How does 10 Jalan Bukit Ho Swee compare to other HDB developments in central Singapore?

The Bukit Ho Swee precinct distinguishes itself through its historical significance as an early public housing project, mature community infrastructure, and proven long-term desirability relative to some newer HDB precincts in outer ring locations. Comparable central HDB developments, such as those in the Tiong Bahru, Jalan Besar, and Outram areas, often command similar or higher price points per square foot, reflecting comparable accessibility and neighbourhood maturity; 10 Jalan Bukit Ho Swee's affordability within this cohort of central developments represents strong relative value. The development's proximity to Havelock MRT Station offers connectivity advantages comparable to properties near Tiong Bahru and Outram MRT Stations, though the specific transport links and downstream accessibility vary. Prospective purchasers evaluating competing central HDB options should conduct comparative analysis of lease terms, unit configurations, renovation requirements, and neighbourhood amenities alongside price-per-square-foot metrics to identify the optimal choice aligned with their specific priorities.

Which unit stack or floor levels offer the best value at this development?

HDB flat valuations typically show modest variation based on floor level, with mid-level units (typically floors 4–12) often commanding prices approximately 5–10% lower than higher-floor units whilst offering equivalent amenities and lease characteristics. Lower-floor units (floors 2–3) may trade at further discounts, though the advantage is partially offset by reduced natural light, potential odour issues from common areas, and reduced privacy relative to higher-floor alternatives. Higher-floor units (floors 15 and above) typically command 10–15% premiums reflecting enhanced views, superior ventilation, reduced noise from street-level activity, and psychological preferences for elevated positions. Value-conscious purchasers should consider mid-to-upper floor units (floors 8–12) as a balanced option, capturing most of the amenity benefits of higher floors whilst avoiding the premium pricing of the highest levels. Building orientation, proximity to lifts, and proximity to common facilities may introduce additional nuance; prospective purchasers should visit the development and inspect multiple units across different levels to identify their optimal price-value intersection.

What is the future supply pipeline for HDB developments in this district, and how might it affect long-term demand?

The Bukit Ho Swee precinct, as a mature central area with limited vacant land, has relatively constrained scope for large-scale new HDB construction, suggesting that future supply growth in the immediate locale will be limited compared to outer-ring precincts undergoing rapid urbanisation. HDB's long-term Build-to-Order (BTO) and Lease Buyback Scheme programmes target both new development and the rejuvenation of ageing estates; whilst the precinct may benefit from selective rejuvenation initiatives, these are unlikely to dramatically expand the supply pool relative to demand. The scarcity of new central HDB supply, combined with sustained migration of residents to the CBD-proximate precincts, suggests that demand-supply dynamics will remain favourable for existing developments such as 10 Jalan Bukit Ho Swee over the medium to long term. Prospective purchasers should be mindful that competing private developments in adjacent precincts (e.g., new mixed-use towers near key MRT stations) may draw some segments of the buyer pool, though HDB's significantly lower price point insulates it from direct competition with market-rate housing alternatives. The government's broader Urban Renewal Strategy initiatives may introduce incremental change to the precinct, though established HDB estates typically benefit from selective improvements to infrastructure and amenities rather than wholesale displacement.

[For Sale] Hdb Flat At 10 Jalan Bukit Ho Swee — From S$280K