Type

Units

Min Area

Price Range

4 BR

1650 sqft

S$1.2M

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$240K on this acquisition.
Located 18 min (1.46 km) from NS19 Toa Payoh 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.

105 Jalan Rajah: A Mature HDB Development in Toa Payoh

105 Jalan Rajah stands as an established public housing development within the Toa Payoh planning district, one of Singapore's longstanding residential neighbourhoods. The development comprises HDB units ranging across multiple bedroom configurations, providing choice for different household compositions. Units at this address offer living space exceeding 1,600 square feet, positioning them within the larger-format HDB segment that appeals to families requiring comfortable, multi-generational living arrangements.

The location on Jalan Rajah places residents within a mature residential enclave characterised by tree-lined streets and established community infrastructure. Toa Payoh itself has evolved into one of Singapore's most self-sufficient planning areas, with comprehensive shopping, dining, and recreational facilities distributed throughout the neighbourhood. The immediate vicinity benefits from the estate's maturity, meaning schools, hawker centres, wet markets, and medical facilities have been integral to community life for decades.

Connectivity and Transport Access

The development's position approximately 18 minutes on foot from NS19 Toa Payoh MRT Station on the North-South Line provides reliable public transport connectivity into central business districts and beyond. The North-South Line remains one of Singapore's primary transport arteries, connecting Toa Payoh directly to Orchard, Marina Bay, and the southern regions. Commuters can reach the Central Business District within 15 to 20 minutes of train travel, making this location serviceable for professionals working in finance, law, and corporate sectors clustered in those areas.

Beyond the MRT, the development benefits from extensive bus connectivity serving Toa Payoh and surrounding areas. Multiple bus services provide cross-town and inter-regional links, supporting both daily commutes and leisure travel. The proximity to transport infrastructure has historically supported property valuations in mature estates, as accessibility remains a primary determinant of HDB resale prices.

Unit Specifications and Space Standards

Current units in the development feature configurations ranging across multiple bedroom types, with total built-up areas commonly exceeding 1,600 square feet. This scale of housing provides abundant space for families, allowing for dedicated guest rooms, home offices, or recreational areas beyond the core sleeping and living functions. The larger floorplates typical of developments from this era reflect construction standards that have since given way to higher-density, more compact designs in newer estates.

Bathrooms and wet areas have been proportioned to match the overall scale, with multiple facilities reducing congestion during morning and evening routines in multi-generational households. The generous proportions of these units have proven enduringly popular in the secondary market, as families upgrading from smaller configurations seek the additional space and flexibility these dimensions afford.

Pricing and Market Position

Current listing prices for units at 105 Jalan Rajah commence from approximately S$1.2 million, reflecting the substantial floorplate and the estate's established character. Pricing across the development varies according to unit size, orientation, and floor level, with larger configurations and higher storeys commanding premiums. The price band positions these units within the mid-to-upper spectrum of the HDB resale market, aligning with comparable mature estates in central planning areas offering similar spatial standards.

For context, the per-square-foot valuation reflects the combination of location within a mature, well-serviced neighbourhood and the generous living space on offer. Comparable transactions in nearby Toa Payoh estates have yielded comparable price per square foot metrics, confirming alignment with prevailing market sentiment for this particular neighbourhood segment.

Neighbourhood Character and Amenities

Toa Payoh has matured into one of Singapore's most complete residential environments, supporting residents across all life stages. Educational facilities span primary, secondary, and international schools, making the area attractive to families with children across the spectrum of schooling preferences. Healthcare services include polyclinics and private medical facilities, whilst recreational spaces feature multiple community parks, swimming complexes, and sports facilities.

The commercial landscape has evolved to support the resident population comprehensively. Toa Payoh has developed distinct commercial nodes, with Toa Payoh Central serving as a major shopping and dining hub. Independent cafés, restaurants serving diverse cuisines, and speciality retail shops have established themselves throughout the estate, reflecting the neighbourhood's cultural diversity and economic vitality. Hawker centres remain focal points of community life, offering affordable dining and social gathering spaces.

Investment Considerations for the HDB Resale Market

Properties at 105 Jalan Rajah position themselves within the broader mature HDB resale segment, a market characterised by established demand and transparent pricing benchmarks. The development's location within a well-serviced, central planning area supports ongoing appeal across multiple buyer cohorts. Upgraders seeking larger family-sized units, investors evaluating rental yields, and downsizers reconsidering their housing needs all participate in the market for properties at this specification level.

The lease structure of HDB flats typically involves 99-year tenures from the point of original government grant, with many developments from earlier construction phases still maintaining substantial lease length. Buyers should evaluate the specific lease remaining on any unit under consideration, as lease decay beyond 70 years can begin to affect resale valuations and mortgage accessibility with some lending institutions.

Financing and Buyer Suitability

The price point of properties at 105 Jalan Rajah places them within reach of upgraders with accumulated equity in existing HDB or private properties. First-time buyers utilising Housing and Development Board financing may find these units accessible through maximum loan quantum schemes, particularly when combined with Central Provident Fund ordinary account drawdowns. Professional couples and multi-generational families with substantial income represent typical buyer cohorts for units at this price and specification level.

Investors considering HDB units for rental yield purposes should note that public housing regulations permit subletting under specific conditions and time horizons established by the Housing and Development Board. The rental market for larger HDB units in established neighbourhoods typically demonstrates steady demand from expatriate professionals and relocation families, supporting yield expectations aligned with broader Singapore residential investment benchmarks.

Future Development Context

Toa Payoh's status as a mature planning area means that significant new residential supply within the immediate neighbourhood remains limited. Accordingly, the stock of large family-sized HDB units continues to hold relevance for a consistent buyer base. The Urban Redevelopment Authority's planning framework for this area emphasises preservation and selective rejuvenation rather than wholesale redevelopment, supporting the continued relevance of established estates.

105 Jalan Rajah, as an established development within this stable neighbourhood context, represents a mature asset class with understood market dynamics and transparent pricing frameworks. The development's location, specification, and neighbourhood position place it within a well-defined segment of Singapore's HDB resale market, supported by consistent demand and established valuation benchmarks.

Frequently Asked Questions

What rental yield can investors reasonably expect from larger HDB units at 105 Jalan Rajah?

Rental yields on larger HDB units in established neighbourhoods like Toa Payoh typically range between 2.5% and 3.5% gross annual yield, depending on prevailing market rents and the specific unit configuration. Units at 105 Jalan Rajah, given their substantial floorplates and location within a well-serviced neighbourhood, appeal to expatriate professionals and relocating families seeking family-sized accommodation, supporting consistent rental demand. Investors should note that Housing and Development Board regulations permit subletting subject to minimum occupation periods and tenure conditions; rental income projections should be modelled conservatively and cross-referenced against recent comparable lettings in the same estate to establish realistic return expectations.

How do current per-square-foot prices at 105 Jalan Rajah compare to recent transactions in nearby Toa Payoh developments?

Recent resale transactions in comparable Toa Payoh estates with similar unit specifications and floorplates have yielded per-square-foot valuations broadly aligned with the pricing evident at 105 Jalan Rajah, positioning the development within the prevailing market band for mature, centrally-located HDB estates. Transaction volumes across Toa Payoh's established stock demonstrate consistent buyer interest, suggesting that price per square foot benchmarks have stabilised within a defined range reflecting the neighbourhood's accessibility, amenity provision, and established community character. Prospective buyers should review recent comparable sales data for units of similar bedroom count and floorplate size sold within the past three to six months to establish whether specific units represent value relative to the estate median.

What Additional Buyer's Stamp Duty implications apply if I'm buying 105 Jalan Rajah as a second residential property?

Singapore Citizens purchasing a second residential property—whether HDB or private—incur Additional Buyer's Stamp Duty at the rate of 20% on the purchase price, calculated on the higher of the price paid or the property's market value as assessed by HDB or the Inland Revenue Authority of Singapore. For a unit at 105 Jalan Rajah priced at S$1.2 million, this would equate to S$240,000 in ABSD payable upon completion. This additional duty increases the effective total acquisition cost substantially and should factor prominently into investment case modelling; second-property buyers must ensure their financing arrangements and equity position accommodate this significant cash outlay. First-time buyers, or Singapore Citizens purchasing their first property, are exempt from ABSD, making this consideration material only for upgraders or investors.

What lease decay risks should I evaluate for units at 105 Jalan Rajah, and how might remaining lease affect resale value?

HDB flats are typically granted on 99-year leases; buyers at 105 Jalan Rajah must establish the precise remaining tenure for any unit under consideration, as lease length directly impacts both resale valuations and mortgage availability with financial institutions. Properties with fewer than 70 years remaining may encounter resistance from conservative lenders, and psychological pricing effects can materialise once leasehold terms drop below the 80-year threshold. The development's age will determine how much lease has already elapsed; prospective buyers should request and review the Memorandum of Charge clearly stating the lease commencement date and verify remaining tenure with Housing and Development Board documentation. Lease decay is an inherent feature of all long-leasehold residential properties in Singapore and should be explicitly modelled when projecting future resale values or long-term investment returns.

How does proximity to NS19 Toa Payoh MRT Station influence capital appreciation and buyer demand for 105 Jalan Rajah?

The approximately 18-minute walking distance to NS19 Toa Payoh MRT Station positions the development within the secondary tier of MRT accessibility, supporting solid but not premium valuations compared to stations within five-minute walk radius. The North-South Line's role as a primary transport artery connecting Toa Payoh directly to the Central Business District and Marina Bay has historically supported steady demand and capital appreciation across properties at this accessibility range. Mature estates within 15 to 20 minutes of significant MRT stations have demonstrated resilience in valuation during market cycles, as the moderate accessibility supports broad appeal without commanding the substantial premiums associated with immediate station-adjacent properties. Transport connectivity remains a primary determinant of HDB valuations, and the established nature of the NS19 station and surrounding transport infrastructure provides a stable foundation for long-term value retention.

Which buyer profiles are best suited to units at 105 Jalan Rajah—first-timers, upgraders, investors, or high-net-worth individuals?

Units at 105 Jalan Rajah are most naturally suited to upgraders with accumulated equity seeking larger family-sized accommodation and established investors evaluating HDB as a rental yield asset class. First-time buyers with substantial savings and Housing and Development Board financing qualification may access these units, though the price point and substantial floorplate typically align better with multi-member households or families requiring multi-bedroom configurations. High-net-worth individuals rarely purchase HDB units as primary residences, given the regulatory restrictions on ownership and the superior specifications available within the private residential market at comparable price points. Investors particularly favour estates like Toa Payoh with established rentaldemand and demonstrated appreciation profiles, supporting unit acquisitions for medium-to-long-term hold strategies aligned with rental income generation.

What TDSR and financing headroom should I anticipate at typical price points for properties at 105 Jalan Rajah?

The Total Debt Service Ratio framework applied by Housing and Development Board and financial institutions typically permits borrowers to commit up to 40% of gross monthly household income to debt servicing across all obligations, with HDB mortgage debt alone capped at 30% of gross income for most borrowers. At an illustrative purchase price of S$1.2 million with a standard 80% Housing and Development Board loan quantum (approximately S$960,000), monthly mortgage payments would approximate S$5,500 to S$6,000 depending on loan tenure; servicing this debt requires gross household income in the region of S$180,000 to S$200,000 annually to comfortably remain within regulatory limits and retain headroom for other financial obligations. Buyers should engage financial institutions early in the purchase process to obtain pre-approval letters confirming loan eligibility and maximum quantum; this permits confident bidding and negotiation whilst ensuring financing arrangements are properly structured before commitment.

How do units at 105 Jalan Rajah compare in specification and value to competing nearby developments in Toa Payoh?

Competing HDB estates in the immediate Toa Payoh planning area offer similar vintage construction standards and neighbourhood amenities, with pricing differentiated primarily by precise address, remaining lease length, and specific unit configuration. Estates such as those along neighbouring streets command comparable price per square foot metrics, reflecting broad agreement on locality value within the Toa Payoh neighbourhood. The key differentiators between specific developments typically centre on building age, availability of lift-equipped versus non-lift blocks, and orientation with respect to natural light and prevailing wind patterns. Prospective buyers should conduct side-by-side inspections of comparable unit configurations across multiple estates to establish personal preference and value perception; the relatively transparent HDB resale market typically reflects genuine differences in condition, lease tenure, and layout rather than substantial pricing anomalies.

Which unit stacks or floor levels offer the best value proposition at 105 Jalan Rajah relative to pricing premiums?

Higher floor levels at 105 Jalan Rajah typically command premiums of 3% to 7% relative to lower-floor equivalents, reflecting buyer preferences for improved views, reduced ambient noise from street traffic, and enhanced sense of privacy. Mid-range floors—typically the 10th to 20th storeys—often represent value optimal points, providing meaningful elevation benefit whilst avoiding the most pronounced premium percentages concentrated on the highest-level units. Ground-floor and first-level units occasionally trade at modest discounts, though these accommodate buyers seeking easier access or lower-cost acquisition positioning. Prospective buyers should analyse specific unit comparables within the same block or adjacent blocks to identify whether the premium commanded for a particular floor level aligns with measurable characteristic differences or reflects temporary market sentiment. Rental demand is often relatively indifferent to floor level for larger family units, suggesting that investors may find superior yield on lower-premium configurations.

What future supply pipeline is anticipated in Toa Payoh and the broader central planning area, and how might this affect 105 Jalan Rajah's long-term value?

Toa Payoh's status as a fully mature, developed planning area means that significant new HDB supply within the immediate neighbourhood is limited, with the Urban Redevelopment Authority's planning framework emphasising selective rejuvenation and quality-of-life improvements rather than large-scale new residential additions. This supply constraint supports ongoing relevance and value retention for established estates like 105 Jalan Rajah, as the available stock of family-sized units remains relatively fixed relative to consistent demand from upgraders and investor buyers. The broader central planning areas (Bukit Timah, Toa Payoh, Ang Mo Kio) face similarly constrained supply environments given land scarcity and planning directives favouring intensification of existing built fabric. This structural supply shortage, combined with the accessibility of central Toa Payoh to employment and transport networks, provides reasonable confidence in the medium-to-long-term relevance of developments at this specification level and location within the Singapore HDB resale market.

[For Sale] Hdb Flat At 105 Jalan Rajah — From S$1.2M