Type

Units

Min Area

Price Range

3 BR

1001 sqft

S$588K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$588K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$118K on this acquisition.
Located 11 min (940 m) from NS12 Canberra 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.

107B Canberra Street: An Established HDB Development Near Canberra MRT

107B Canberra Street stands as a notable residential address within the Canberra precinct, a well-established neighbourhood on the eastern side of Singapore. The development offers practical three-bedroom, two-bathroom units with generous internal areas, making it an attractive option for families and property investors alike. With pricing commencing from S$588,000, this HDB flat presents a compelling entry point for buyers seeking accommodation in a mature residential district with strong transport connectivity.

The location benefits significantly from its proximity to NS12 Canberra MRT Station, situated approximately 11 minutes' walk away at a distance of 940 metres. This accessibility to the North-South Line ensures residents enjoy seamless connectivity to central Singapore, the CBD, and other major employment centres. The MRT station proximity also translates to strong rental demand and sustained capital appreciation potential, as public transport accessibility consistently remains a primary driver of property values in Singapore's HDB market.

Property Specifications and Unit Configuration

Units at 107B Canberra Street are configured as three-bedroom, two-bathroom residences spanning approximately 1,001 square feet of usable floor area. This generous allocation provides ample space for family living, with distinct zones for sleeping quarters, entertaining guests, and daily household activities. The two-bathroom configuration addresses the practical needs of multi-occupancy households, reducing morning congestion and enhancing overall dwelling comfort for families with teenagers or multiple adult occupants.

The built-up area of 1,001 square feet equates to a per-square-foot valuation metric that competitive buyers should evaluate against recent transactions within the Canberra enclave. This baseline measurement assists in determining whether current asking prices reflect fair market value or represent premium or discounted positions relative to comparable recent sales in adjacent blocks. Property investors particularly benefit from understanding unit configurations, as the three-bedroom layout commands strong rental interest from young families and upgraders seeking temporary furnished accommodation.

Transport Connectivity and Neighbourhood Access

The eleven-minute walk to Canberra MRT Station represents a meaningful advantage in the context of Singapore's car-dependent property market. Residents enjoy direct access to the North-South Line, eliminating reliance on private vehicles for commuting to employment centres, educational institutions, and recreational destinations across the island. This transport advantage historically correlates with lower depreciation curves and sustained demand among working professionals and upgraded households.

Beyond the MRT link, the Canberra neighbourhood itself offers established retail clusters, hawker centres, and neighbourhood amenities that cater to daily living needs. The mature precinct has developed over decades, resulting in a stable community fabric with well-established schools, medical facilities, and recreational spaces. This neighbourhood maturity appeals particularly to upgraders moving from younger estates, as the infrastructure and social ecosystem are already comprehensively developed.

Market Position and Investment Outlook

The HDB flat market at 107B Canberra Street sits within a broader segment of resale public housing stock that has demonstrated consistent resilience through multiple property cycles. Three-bedroom units in established neighbourhoods with MRT adjacency maintain perennially strong demand from families unwilling or unable to afford private residential properties. The pricing trajectory for such units typically reflects steady appreciation aligned with broader HDB market indices, though lease decay becomes increasingly relevant as the building ages beyond the 20-30 year mark.

Prospective investors should evaluate whether purchase as a rental investment generates sufficient yield to justify capital outlay and ongoing property tax obligations. The rental market for three-bedroom HDB flats in Canberra typically attracts young families and upgraders, with monthly rents varying based on exact unit location, floor level, and internal condition. Calculating anticipated rental income against the purchase price provides a clear yield metric for comparison against alternative investment vehicles.

Financing and Buyer Suitability

For first-time HDB buyers, 107B Canberra Street represents an accessible property class with established resale liquidity and straightforward financing pathways. Banks readily provide mortgage finance for such properties, and HDB loan schemes offer complementary financing options with competitive interest rates. First-timers benefit from the familiarity of HDB ownership processes and the transparent valuation methodologies applied to public housing stock.

Upgraders transitioning from smaller units to three-bedroom accommodation find this development particularly suitable, as the established neighbourhood provides a step up in living standards whilst maintaining proximity to transport and familiar community infrastructure. The Additional Buyer's Stamp Duty implications become relevant for second-property purchasers, with Singapore Citizen buyers facing a 20% ABSD charge on the purchase price of a second residential property. This duty significantly increases total acquisition costs and should be factored into financing calculations by investors and upgraders acquiring second properties.

For investors considering this development as a rental asset, debt servicing ratio calculations should reflect anticipated rental income against the leveraged purchase price. Properties purchased with 80% loan-to-value financing require monthly rental income sufficient to cover mortgage payments whilst maintaining positive cash flow after property tax and maintenance provisions. Properties in well-connected locations with established rental demand typically demonstrate higher financing accessibility, as banks perceive lower default risk.

Comparable Market Analysis and Valuation Context

The Canberra precinct has witnessed consistent supply of three-bedroom HDB resale units, creating a competitive market where valuation benchmarking against recent comparable transactions is essential. Buyers and investors should review recent transacted prices for similar units within the same block and adjacent blocks to determine whether current asking prices reflect market-clearing levels or premium positioning. Per-square-foot pricing in Canberra typically ranges within parameters established by comparable resale transactions, and significant deviations from this range warrant careful scrutiny.

Competing developments within walking distance of Canberra MRT Station include other established HDB blocks offering similar unit configurations and comparable transport accessibility. This competitive landscape ensures pricing discipline within the local market, as buyers possess genuine alternatives if asking prices appear uncompetitive. Investors comparing yields across multiple Canberra blocks should standardise calculations to ensure consistent evaluation methodologies.

Lease Tenure Considerations

The HDB flat at 107B Canberra Street operates under a 99-year lease structure, a standard tenure applied to public housing stock allocated during earlier development phases. The remaining lease duration significantly impacts long-term capital appreciation prospects, as properties approaching the 85-90 year threshold experience reduced resale valuations and narrowed financing availability. Buyers should verify the exact remaining lease length, as properties with substantially depleted leasehold remaining may face premature obsolescence or forced en bloc redevelopment scenarios.

The lease decay trajectory warrants careful consideration for investors with extended holding periods, as properties approaching lease expiration demonstrate declining market values and reduced tenant demand. Conversely, properties in the 70-85 year lease range may represent value opportunities if their current pricing fails to reflect the remaining functional lifespan.

Future District Development and Capital Appreciation Drivers

The Canberra neighbourhood sits within the broader eastern Singapore corridor, which continues attracting infrastructure investment and new residential supply. Future transport enhancements, commercial development, and neighbourhood rejuvenation initiatives may support sustained capital appreciation across the precinct. Buyers and investors benefit from monitoring URA Master Plan announcements and neighbourhood development proposals, as planning decisions shape long-term property value trajectories.

The maturity of the Canberra neighbourhood also implies that substantial greenfield development opportunities remain limited, potentially creating supply constraints that support appreciation for existing stock. This dynamic contrasts with newer estates experiencing rapid supply additions, where pricing can face downward pressure from competing new unit completions.

Frequently Asked Questions

What rental yield might I expect if I purchase a unit at 107B Canberra Street as an investment property?

Estimating rental yield for three-bedroom HDB units at 107B Canberra Street requires comparing anticipated monthly rental income against the total purchase price. Three-bedroom units in established Canberra neighbourhoods with MRT adjacency typically attract monthly rents ranging from S$2,800 to S$3,200 depending on floor level, internal condition, and furnishing standard. At a purchase price around S$588,000, this implies gross rental yields of 5.7% to 6.5% annually before deducting property tax, maintenance contributions, and potential vacancy periods. Investors should model net yields after accounting for these outgoings, which typically reduces effective returns to 4.5% to 5.2% annually, making such properties attractive relative to fixed-income alternatives but requiring careful cash flow management to ensure monthly rents consistently exceed mortgage obligations.

How does the per-square-foot pricing at 107B Canberra Street compare to recent resale transactions in the Canberra area?

The per-square-foot valuation for units at 107B Canberra Street can be calculated by dividing the purchase price by the internal area of approximately 1,001 square feet, yielding a per-square-foot figure that should be benchmarked against recent comparable transactions within the same block and immediately adjacent blocks. Canberra resale transactions typically range from S$550 to S$620 per square foot for three-bedroom units, depending on floor level, unit orientation, and internal condition standards. Buyers should obtain recent transacted data from HDB records and property databases to determine whether 107B Canberra Street pricing aligns with this established range or commands a premium relative to comparable stock. Significant deviations from comparable transacted prices warrant investigation into distinctive features—such as corner unit positioning, high-floor orientation, or internal renovations—that might justify premium pricing positioning.

What is the Additional Buyer's Stamp Duty impact for Singapore Citizens purchasing a second property at 107B Canberra Street?

Singapore Citizen buyers acquiring a second residential property face an Additional Buyer's Stamp Duty charge of 20% applied to the purchase price, significantly increasing total acquisition costs beyond the base purchase price. For a property priced at S$588,000, this 20% ABSD equates to S$117,600 in additional duty payable at the point of purchase, bringing total acquisition costs to approximately S$705,600 before accounting for legal fees, valuation charges, and mortgage arrangements. This substantial additional cost should be incorporated into investment analysis, as it reduces available capital for down payment allocation or other investment vehicles and extends the payback period for rental yield calculations. Second-property buyers should evaluate whether the property's anticipated rental income and capital appreciation potential justify the 20% ABSD imposition, or whether alternative investment strategies might deliver superior risk-adjusted returns.

What lease decay risk exists for properties at 107B Canberra Street, and how might this affect long-term resale value?

HDB flats at 107B Canberra Street operate under a 99-year lease, a tenure that requires careful monitoring as the property ages and remaining lease duration diminishes. Properties approaching 85-90 years of remaining lease begin experiencing material valuation discounts and reduced financing availability, as mortgage lenders become increasingly cautious about advancing funds against depleting leasehold assets. The lease decay trajectory becomes particularly pronounced in the final 20-30 years of the 99-year term, when properties may face forced en bloc redevelopment or rapid depreciation as remaining functional lifespan appears limited. Buyers with extended holding periods should verify the exact remaining lease tenure and project forward to understand how lease decay might impact resale value at their anticipated exit timeframe; properties purchased today may face meaningful valuation pressure if sold during their final two decades of the lease term.

How does proximity to Canberra MRT Station affect demand and capital appreciation prospects for 107B Canberra Street?

The eleven-minute walk to Canberra MRT Station on the North-South Line represents a significant amenity that historically correlates with sustained demand and resilient capital appreciation across Singapore's HDB market. Proximity to high-capacity rapid transit directly enables working professionals to access employment centres across the island without private vehicle reliance, making such properties attractive to young families, upgraders, and rental tenants. Properties within walking distance of MRT stations typically demonstrate lower depreciation curves and faster sale velocities compared to comparable units requiring longer transport commutes, translating to improved liquidity and reduced holding period risk. The MRT accessibility also supports rental demand, as tenants actively seek properties minimising transport friction; this consistent tenant demand provides investors with confidence in yield stability and reduced vacancy risk compared to properties in less accessible locations.

Is 107B Canberra Street suitable for high-net-worth individuals, upgraders, first-time buyers, or investors, and why?

Three-bedroom HDB units at 107B Canberra Street address distinct buyer profiles with different motivations and constraints. First-time buyers benefit from the established resale market transparency, straightforward HDB financing pathways, and manageable entry price point providing genuine homeownership without private residential property costs. Upgraders transitioning from two-bedroom to three-bedroom accommodation find this development particularly compelling, as the Canberra neighbourhood offers established community infrastructure and neighbourhood maturity matching their life-stage progression. Investors recognise the strong rental demand for family-sized HDB units near MRT stations and the established transactional history enabling straightforward yield calculations and financing structures. High-net-worth individuals typically consider 107B Canberra Street less attractive as a primary residence due to HDB ownership restrictions and size constraints, though some may acquire units as portfolio diversification or alternative investments generating steady rental yields with tax-advantaged depreciation structures.

What TDSR and financing headroom considerations apply to typical buyer profiles at this price point?

Total Debt Servicing Ratio constraints become relevant for buyers financing properties at 107B Canberra Street's price point, typically around S$588,000, which usually implies loan amounts of S$470,000 to S$530,000 depending on down payment capacity. Banks typically restrict monthly debt servicing obligations to 60% of gross monthly income for HDB financing, meaning a buyer must demonstrate monthly gross income of at least S$9,500 to S$10,700 to service a S$470,000 mortgage at prevailing interest rates. First-time buyers should model TDSR calculations conservatively, accounting for existing personal loans, credit card obligations, and other debt commitments that reduce available headroom for mortgage servicing. For investors evaluating properties as rental assets, some banks permit rental income attribution towards TDSR calculations, though typically at 80% of anticipated rental revenue and often requiring lease documentation and tax records substantiating historical income; this rental income treatment can meaningfully improve financing accessibility for owner-investors.

How does 107B Canberra Street compare to nearby competing HDB developments in terms of value and features?

The Canberra precinct contains multiple established HDB blocks offering three-bedroom configurations comparable to 107B Canberra Street, creating a genuinely competitive market requiring careful value comparison. Adjacent blocks such as those near Canberra MRT Station and surrounding the precinct typically offer similar unit configurations and comparable transport accessibility, though specific blocks may command pricing premiums or discounts based on block-level reputation, maintenance standards, and internal condition variations. Buyers should evaluate recent transacted prices across multiple comparable blocks to determine whether 107B Canberra Street represents fair market value or premium positioning relative to alternatives. The competitive landscape ensures pricing discipline, as buyers possess genuine alternatives if asking prices appear uncompetitive; investors particularly benefit from comparing potential rental yields across multiple Canberra blocks to identify optimal risk-return positioning.

Which unit stack or floor levels offer superior value at 107B Canberra Street?

Unit pricing within 107B Canberra Street typically demonstrates floor-level stratification, with lower floors attracting price discounts reflecting reduced views, higher ambient noise exposure, and lower privacy perception, whilst upper floors command premiums reflecting superior views, improved natural ventilation, and reduced noise intrusion. Middle floors generally represent optimal value positioning, offering meaningful price reductions relative to top floors whilst eliminating ground-floor noise and privacy disadvantages; buyers and investors seeking value typically concentrate on units positioned on floors four through eight, where pricing achieves balance between resident amenity and acquisition cost efficiency. End-of-block corner units may command premium pricing reflecting superior ventilation and natural light access, though such premiums should be evaluated against the specific premium percentage to determine whether additional cost delivers proportional resident benefit or represents investor overvaluation. Systematic comparison of recent transacted prices across multiple floor levels within the same block enables identification of floor-specific pricing patterns that highlight value concentration opportunities.

What future supply pipeline developments might affect property values in the Canberra district?

The Canberra neighbourhood sits within the broader eastern Singapore corridor, where future URA Master Plan initiatives and transport development proposals may shape long-term neighbourhood evolution and property value trajectories. Buyers and investors benefit from monitoring URA announcements regarding future neighbourhood rejuvenation, commercial development proposals, and infrastructure enhancements that could support sustained capital appreciation or, conversely, create negative externalities affecting neighbourhood desirability. The neighbourhood's relative maturity implies limited large-scale greenfield development opportunities, potentially creating supply constraints that support appreciation for existing stock compared to newer estates experiencing rapid supply completions. Forward-thinking investors should assess whether the Canberra neighbourhood remains aligned with broader Singapore development priorities or faces gradual demographic shifts as younger families gravitate toward newer estates offering contemporary amenities and emerging transport connections; sustained HDB demand in Canberra depends substantially on the neighbourhood maintaining competitive positioning relative to alternative established and emerging residential precints.

Hdb Flat At 107B Canberra Street — From S$588K