Type

Units

Min Area

Price Range

2 BR

753 sqft

S$450K

Type

Units

Min Area

Price Range

2 BR

631 sqft

S$3,000/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$3,000 to S$450K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$600 on this acquisition.
50% of current units are for sale, from S$450K; 50% are for rent, from S$3,000/mo.
Located 10 min (800 m) from CR9 Serangoon North MRT Station (U/C).

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?

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105 Serangoon North Avenue 1: Established HDB Living in Serangoon North

105 Serangoon North Avenue 1 stands as a well-established residential development in one of Singapore's mature neighbourhoods. Located in the Serangoon North planning area, this HDB flat offering provides straightforward housing options for a diverse range of buyers—from first-time homeowners seeking affordable entry points to upgraders looking for additional space and investors pursuing portfolio diversification in a stable precinct.

The development benefits from its position within an estate that has been thoughtfully integrated into the broader North-East corridor. Residents enjoy access to the established community infrastructure that characterises this district, with schools, retail options, and healthcare facilities well represented in the surrounding area. The neighbourhood's maturity means that essential services and everyday conveniences are embedded into the local landscape, reducing the need for lengthy commutes to secure basic amenities.

Strategic Location and Transport Connectivity

One of the principal strengths of 105 Serangoon North Avenue 1 is its positioning relative to upcoming transport infrastructure. The development sits approximately 10 minutes' walk—roughly 800 metres—from Serangoon North MRT Station, which remains under construction. Upon completion, this new station will fundamentally reshape commuting patterns in the area, providing direct rail connectivity that currently necessitates reliance on bus services and private transport for many residents.

The imminent arrival of the Serangoon North MRT Station represents a significant catalyst for property appreciation in this precinct. Historically, new MRT stations have generated sustained demand for residential properties within their catchment, as improved transport connectivity enhances accessibility to employment centres across the island and reduces overall travel friction. First-time buyers and investors should recognise that the timing of MRT completion may coincide with upward pressure on valuations, though property market dynamics remain subject to broader economic conditions and policy shifts.

Until the MRT station opens, residents and potential commuters continue to depend on the established bus network that serves Serangoon North comprehensively. Multiple bus routes connect the area to key business districts, educational institutions, and shopping destinations, ensuring that the neighbourhood remains well-serviced despite the absence of direct rail access at present.

Unit Mix and Pricing

The development comprises various unit configurations designed to accommodate different household compositions and financial capacities. Flats at 105 Serangoon North Avenue 1 are available from approximately S$450,000 and upwards, with layouts ranging from compact two-bedroom units to larger configurations that provide greater flexibility for families or those seeking dedicated study or guest spaces. This spread of options means that buyers with diverse preferences and budgets can find suitable accommodation within a single development.

Pricing in this segment reflects both the mature status of the Serangoon North estate and the established track record of HDB properties in the district. Recent transactions in the surrounding area have established a baseline for comparable units, and prospective purchasers would be wise to assess current market rates against their long-term investment horizon. The development's accessibility via multiple transport modes—even before the MRT station opens—supports underlying demand, which in turn underpins pricing stability.

Investment Considerations for Buyers

For investors evaluating 105 Serangoon North Avenue 1 as a portfolio addition, several factors merit consideration. The neighbourhood's maturity and established rental demand suggest reasonable prospects for consistent tenant placements, though actual rental yields will depend on specific unit configuration, floor level, and prevailing market conditions at the time of purchase. A unit purchased today may reasonably attract rental interest from young professionals, families, and expatriate residents seeking convenient access to this neighbourhood.

Buyers purchasing a second residential property will be subject to Additional Buyer's Stamp Duty at the current rate of 20%, which materially increases acquisition costs and should be factored into financial planning. Financing institutions typically assess whether borrowers meet Total Debt Service Ratio requirements, and the combination of purchase price and ABSD may influence how much debt a buyer can comfortably service depending on household income and existing obligations. First-time buyers, by contrast, benefit from ABSD exemptions and may face more favourable financing conditions.

The development's position within an estate that will eventually benefit from new MRT connectivity offers a pathway for capital appreciation. However, property markets are cyclical, and HDB flat values are also influenced by lease tenure degradation—a consideration that becomes increasingly material as leasehold properties age. Investors should understand their target exit timeline and the probability of maintained demand at future points in the market cycle.

Neighbourhood Profile and Community Infrastructure

Serangoon North is a neighbourhood characterised by its established housing stock, comprehensive retail infrastructure, and accessible community facilities. The area serves as a residential base for families at various life stages, backed by schools across multiple levels and proximity to healthcare services. Shopping options range from neighbourhood shops integrated into the estate to larger retail complexes accessible via short bus journeys.

The precinct's maturity means that community bonds are well-established and local networks of residents have evolved over decades. This stability can be attractive to buyers seeking to root themselves in a neighbourhood where social fabric is already present, rather than waiting for it to develop as would occur in a newly launched estate. Conversely, buyers motivated by excitement around nascent developments and newer amenities may find the established character of Serangoon North less compelling.

Future Development and Market Positioning

The North-East planning area continues to evolve, with the incoming MRT station at Serangoon North serving as a anchor for medium-term growth. While large-scale new housing launches in this specific precinct are not imminent, the broader district pipeline includes various residential and commercial projects that will further enhance connectivity and amenities. Buyers should monitor district planning announcements, as these may influence long-term value trajectories.

105 Serangoon North Avenue 1 occupies a stable position within this landscape—neither the newest development nor one facing imminent obsolescence. This positioning appeals to buyers seeking a balance between affordability and established credentials, particularly those who prioritise housing security and predictable market behaviour over exposure to higher-risk, higher-upside new launches.

Suitability Across Buyer Profiles

First-time buyers will find this development accessible on price whilst offering stable market conditions and established infrastructure—ideal foundations for inaugural property ownership. Upgraders moving from smaller units will discover expanded configurations that accommodate growing families or lifestyle changes. Investors will appreciate the rental demand inherent in a mature, well-serviced neighbourhood close to a forthcoming transport node. However, ultra-high-net-worth individuals seeking trophy properties or luxury finishes may find the neighbourhood and specifications better suited to standard residential rather than premium aspirational categories.

Frequently Asked Questions

What is the estimated rental yield for units at 105 Serangoon North Avenue 1 if purchased as an investment property?

Rental yields at 105 Serangoon North Avenue 1 will depend on current market rental rates for comparable HDB units in Serangoon North, which typically range between 3% and 5% gross yield depending on unit size and floor level. A two-bedroom flat in this neighbourhood typically attracts consistent tenant demand from young professionals, small families, and expatriate residents, though actual yields fluctuate with broader rental market conditions and individual unit specifications. Investors should survey recent comparable rental transactions in the precinct and factor in property tax, maintenance contributions, and potential vacancy periods when calculating net returns. The development's proximity to the future Serangoon North MRT Station may enhance rental appeal over time as transport connectivity improves, potentially supporting slightly firmer yields in the medium term.

How does pricing at 105 Serangoon North Avenue 1 compare to recent per-square-foot transactions in the Serangoon North area?

With units available from approximately S$450,000 upwards and typical unit sizes around 753 square feet, the per-square-foot pricing at this development aligns with recent Serangoon North HDB transactions, reflecting the established market for mature estates in this district. Recent comparable sales in the precinct have tracked between S$600 and S$750 per square foot, depending on floor level, unit age, and specific layout variations, suggesting that current offerings are competitively positioned within market norms. Buyers should conduct detailed comparisons across recent sales data for units of similar size and configuration in adjacent blocks and nearby neighbourhoods to validate pricing relative to their personal affordability threshold. The development's established status and lack of significant renovation appeal mean that valuations will reflect underlying HDB market rates rather than premium pricing associated with new launches or flagship projects.

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 at 105 Serangoon North Avenue 1 will incur Additional Buyer's Stamp Duty at the current rate of 20% on top of base stamp duty, representing a material acquisition cost that must be carefully integrated into purchase financing and cash-flow planning. For a property priced at S$450,000, the 20% ABSD would amount to S$90,000, significantly increasing total acquisition outlay and potentially influencing the total loan quantum a buyer can sustain under Total Debt Service Ratio constraints. This means that second-property buyers should have substantially greater equity capacity or household income than first-time buyers purchasing similar units, as the ABSD materially compresses affordability at identical price points. It is advisable for second-property buyers to consult with a mortgage broker or financial adviser to model realistic loan eligibility under ABSD scenarios before committing to a purchase offer.

What is the lease tenure at 105 Serangoon North Avenue 1 and how does lease decay affect long-term resale value?

HDB flats at 105 Serangoon North Avenue 1 are issued on a 99-year leasehold basis, which is the standard tenure for public housing in Singapore. As leasehold properties age, their remaining lease tenure diminishes, which historically exerts downward pressure on resale valuations—a phenomenon known as lease decay—particularly as the property approaches 30 years of remaining tenure or fewer. The timing of purchase at this established development means that buyers are acquiring units with an already-reduced lease tenure compared to newly completed HDB blocks, and this depreciation should be factored into any investment analysis or long-term ownership plan. Buyers intending to occupy the property personally for retirement may face challenges refinancing or selling units with significantly compressed lease terms in future decades, making awareness of lease trajectory essential for informed decision-making. The Housing and Development Board does offer lease extension programmes under certain conditions, though these come with financial implications and eligibility criteria that warrant investigation.

How will the forthcoming Serangoon North MRT Station affect property demand and capital appreciation at this development?

The imminent completion of Serangoon North MRT Station—situated approximately 800 metres or 10 minutes' walk from 105 Serangoon North Avenue 1—represents a transformational catalyst for local property dynamics and medium-to-long-term capital appreciation prospects. Historically, new MRT stations have catalysed sustained demand increases and price appreciation within their service catchment, as direct rail connectivity reduces commute friction to central business districts, educational precincts, and employment concentrations across Singapore, making the neighbourhood more attractive to a broader cross-section of potential residents and investors. The timing and scale of MRT-driven appreciation remain uncertain, as they depend on broader macroeconomic conditions, housing policy shifts, and competition from other developments entering the market simultaneously, but the network extension is widely regarded as a net positive for property values in the affected area. Buyers should view the pending MRT station as a long-term value anchor rather than a catalyst for immediate short-term appreciation, though the development's improved connectivity post-completion may support rental demand growth and attract a wider tenant pool, benefiting investors particularly.

Is 105 Serangoon North Avenue 1 suitable for first-time homebuyers, and what are the financial advantages available to them?

This development is well-suited to first-time homebuyers seeking affordable entry-level housing within an established neighbourhood with stable market conditions and comprehensive infrastructure already in place. First-time buyers benefit from exemption from Additional Buyer's Stamp Duty, which provides a material financial advantage over second-property purchasers—on a S$450,000 unit, this exemption conserves approximately S$90,000 in acquisition costs compared to second-property scenarios, significantly easing entry barriers and improving long-term affordability metrics. The mature estate status means that first-time buyers will have access to established schools, healthcare, transport, and retail without having to wait for new amenities to be developed or constructed, making the neighbourhood immediately liveable and functional from day of purchase. First-timers should evaluate whether their income supports the total debt service obligations under standard lending criteria, and they should investigate available grants or subsidies from the Housing and Development Board that may reduce purchase price or improve financing terms for qualifying buyers.

What Total Debt Service Ratio headroom might a typical buyer expect at 105 Serangoon North Avenue 1's price point, and how does ABSD impact financing?

Assuming a purchase price of approximately S$450,000 with a maximum loan quantum of 75% to 80% for eligible buyers, typical first-time buyers with dual incomes and moderate existing obligations could comfortably service the resulting mortgage if household monthly income exceeds S$7,500 to S$8,500—thresholds that reflect Total Debt Service Ratio calculations at standard banking parameters of around 60% maximum allowable ratio. Second-property buyers face materially compressed headroom due to ABSD at 20%, effectively reducing the loan quantum by the amount of the duty unless they provide additional cash equity, which in turn narrows financing capacity and requires higher income thresholds to satisfy TDSR—potentially S$9,000 to S$10,000 or higher depending on existing liabilities. Buyers should obtain mortgage pre-qualification from their preferred lender prior to committing to any offer, as individual circumstances including existing property holdings, personal loans, and credit profile substantially influence achievable loan amounts and interest rates. The impact of ABSD on second-property buyers cannot be overstated; it effectively functions as a major affordability constraint that merits detailed financial modelling before proceeding.

How does 105 Serangoon North Avenue 1 compare to nearby competing HDB developments in terms of pricing and amenities?

The Serangoon North estate and adjacent precincts contain several blocks of public housing spanning various completion periods, with neighbouring units attracting comparable pricing to 105 Serangoon North Avenue 1 when accounting for floor level, unit size, and building age. Competing nearby developments may offer marginally newer finishes or proximity to different transport nodes, though pricing differentials are typically within 5% to 10% for equivalent configurations, suggesting that market competition is relatively consolidated in this geographical cluster. The development's specific advantage lies in its positioning relative to the forthcoming Serangoon North MRT Station, which may differentiate it favourably from developments located further away from future rail nodes, potentially supporting stronger demand and valuation resilience over the medium term. Buyers should conduct detailed side-by-side comparisons of at least three comparable developments within a 1-kilometre radius, examining recent sold prices adjusted for floor height and unit layout, to ensure competitive positioning and value for money at their target price point.

Are higher or lower floors at 105 Serangoon North Avenue 1 better value, and does unit stack position affect long-term resale prospects?

In established HDB estates like Serangoon North, lower-floor units typically command lower pricing than identical units on higher storeys, reflecting buyer preferences for natural light, reduced noise, and reduced reliance on lifts, though this pricing premium for higher floors varies seasonally and is influenced by supply conditions within the specific block. Higher-floor units may offer marginally improved rental appeal for tenants willing to pay modest premiums, and they typically command faster absorption in the resale market if marketed effectively, though the price uplift may not fully offset the acquisition premium paid initially. Mid-level floors (around 8th to 15th storeys in HDB blocks) often represent optimal value if resale prospects are a consideration, as they attract broad tenant demand without the extreme pricing associated with top floors, which may have limited appeal to certain buyer segments and are more prone to weather-related maintenance issues. Buyers should assess their personal preference for floor level against investment horizon; owner-occupiers can afford to prioritise personal comfort, while investors should weight tenant demand patterns and rental rate variations by floor position when evaluating value.

What is the future supply pipeline for residential projects in the Serangoon North district, and could new launches affect resale values?

The North-East planning area, which encompasses Serangoon North, has moderate new supply activity planned, with the Serangoon North MRT Station completion expected to unlock future residential development sites and potentially stimulate fresh project launches within the station's catchment over the next three to five years. While large-scale HDB block completions in this specific precinct are not imminently scheduled based on public announcements, the broader district pipeline includes mixed-use and residential projects that may gradually absorb buyer interest and rental demand, creating modest competitive pressure on 105 Serangoon North Avenue 1's resale market in the medium term. New launches with contemporary finishes and modern amenities may attract a subset of buyers and tenants seeking latest specifications, though the price premium typically associated with new developments often exceeds the actual value differential, meaning that mature estates like this development can remain competitively positioned by virtue of established credibility, known community, and lower absolute pricing. Buyers should monitor public announcements from the Housing and Development Board and Urban Redevelopment Authority regarding district development plans and new project launches, as these may influence demand trajectories and resale appreciation prospects in the Serangoon North precinct.

Hdb Flat At 105 Serangoon North Avenue 1 — From S$3,000