Type

Units

Min Area

Price Range

3 BR

1593 sqft

S$965K – S$1.1M

Property Highlights

HDB development with 3 units currently available.
Prices currently range from S$965K to S$1.1M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$193K on this acquisition.

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.

108 Jalan Rajah: A Premier HDB Flat Development

108 Jalan Rajah stands as a well-regarded Housing and Development Board development that caters to families seeking spacious, established residential accommodations in one of Singapore's most coveted neighbourhoods. The project comprises multiple units across various floor levels, each thoughtfully designed to maximise living efficiency whilst maintaining the generous proportions that characterise quality HDB construction. With three-bedroom configurations offering approximately 1,657 square feet of usable floor area, these flats represent a substantial quantum of space that appeals to upgraders, young families, and those seeking to consolidate their property investments.

The Jalan Rajah location occupies a strategic position within Singapore's residential landscape, situated in a mature estate that has enjoyed decades of consistent capital appreciation and rental demand. This particular precinct has established itself as a destination for buyers who value both accessibility and a sense of community, with the wider area benefiting from a comprehensive network of local schools, shopping facilities, and dining establishments. The neighbourhood's maturity also means that essential infrastructure, from water mains to electrical networks, operates at optimum efficiency, providing residents with reliable utility services and minimal disruption risk associated with future underground works or development projects.

Space and Layout Advantages

The three-bedroom, three-bathroom configuration standard across 108 Jalan Rajah units addresses a specific gap in the HDB market where families often struggle to find flats combining generous room counts with substantial total area. The 1,657 square feet of internal space affords residents flexibility in spatial planning, whether for home office arrangements, guest bedrooms, or integrated living and dining zones that reflect contemporary lifestyle preferences. The inclusion of three full bathrooms reflects forward-thinking design that reduces morning congestion in households with multiple occupants, a practical consideration that significantly enhances daily living quality.

Modern HDB flat construction at this address incorporates layout principles refined through decades of estate management experience. Open-plan living areas facilitate family interaction whilst maintaining functional separation from bedroom zones, whilst kitchens are positioned to maximise natural ventilation and light penetration. The floor-to-ceiling heights and window orientations typical of this development have been calibrated to ensure cross-ventilation, reducing reliance on air conditioning and delivering long-term utility cost savings that compound substantially over a property holding period of ten years or more.

Market Positioning and Valuation

The pricing structure at 108 Jalan Rajah, commencing from approximately S$1.07 million for available units, reflects the development's positioning within the established HDB resale segment. This valuation captures multiple value drivers: the development's maturity and proven track record, the neighbourhood's desirability amongst families with school-age children, and the broader market recognition of Jalan Rajah as a location where properties command steady appreciation. Prospective buyers evaluating units at this address should consider how the per-square-foot valuation compares to recent transactions in immediately adjacent blocks and across the wider neighbourhood, as these benchmarks provide critical context for assessing whether current asking prices represent genuine value or reflect market peaks.

The additional buyer's stamp duty (ABSD) framework imposes significant costs on Singapore citizens acquiring a second residential property, with the current rate set at 20% above the standard duty payable. For a buyer purchasing a unit at 108 Jalan Rajah as an investment or upgrading from an existing property, this duty represents a material closing cost that must be factored into overall acquisition economics. A property valued at S$1.07 million would attract approximately S$214,000 in ABSD for a second-property buyer, a consideration that fundamentally shapes investment return calculations and financing requirements.

Connectivity and Transport Infrastructure

Accessibility via established public transport networks forms a cornerstone of the development's appeal to both owner-occupiers and investment-focused purchasers. The proximity to mass rapid transit infrastructure ensures that residents can reach major employment centres, shopping districts, and entertainment precincts within reasonable timeframes, a connectivity profile that underpins both quality of life and rental demand. The maturity of the surrounding transport ecosystem—including established bus routes, taxi points, and pedestrian access corridors—means that residents benefit from reliable, routine service levels rather than being dependent on developing infrastructure that may experience capacity constraints or service interruptions.

The accessibility advantages extend beyond immediate commuting considerations. Properties located in highly connected areas typically command premium rental yields, as tenants prioritise locations where transport accessibility reduces their daily time costs and broadens employment prospects. Over an extended holding period, connectivity-driven rental premiums accumulate substantially, providing investor-owners with compounding returns that reflect the underlying utility of the location rather than speculative appreciation.

Investment and Rental Yield Considerations

Investors evaluating 108 Jalan Rajah as an acquisition vehicle should model rental yield assumptions based on recent comparable transactions within the immediate precinct. Three-bedroom HDB flats of comparable age and size in this neighbourhood have demonstrated gross rental yields ranging from approximately 2.5% to 3.5% per annum, depending on unit condition, floor level, and specific floor plan configurations. An investor purchasing at current market prices should validate these assumptions through engagement with active managing agents and recent tenancy agreements, as rental markets adjust continuously in response to supply dynamics, interest rate movements, and broader economic conditions.

The capital appreciation pathway for HDB flats differs materially from private residential property, constrained by lease decay effects and the broader policy framework governing public housing supply. Whilst three-bedroom flats in mature, well-located estates like Jalan Rajah have historically demonstrated steady capital growth, purchasers should recognise that appreciation rates typically moderate as lease tenure extends beyond seventy years remaining. A holding period of ten to fifteen years remains optimal for HDB flat investors seeking to capture rental income and modest capital growth without confronting the lease decay challenges that increasingly impact thirty-year-plus holding periods.

Financing and Debt Serviceability

Prospective buyers at 108 Jalan Rajah should stress-test their financing capacity against Total Debt Servicing Ratio (TDSR) constraints, particularly relevant given current interest rate environments and the extended tenor of most HDB property mortgages. A property acquisition at approximately S$1.07 million, financed through a typical thirty-year Housing Development Board loan at prevailing interest rates, would generate monthly mortgage obligations in the region of S$3,500 to S$3,800 depending on loan quantum, down payment, and current market rates. Buyers must ensure that existing credit obligations—vehicle loans, credit cards, personal loans—combined with prospective property mortgage payments do not exceed 60% of gross household income, the maximum TDSR threshold enforced by financial institutions.

The financing landscape for HDB property acquisitions has become increasingly competitive, with multiple lending institutions offering tailored mortgage products, concessional rates for early repayment, and flexible drawdown structures. Buyers proceeding with acquisitions at 108 Jalan Rajah should obtain formal mortgage pre-approval from at least two competing lenders, allowing comparison of effective interest rates, processing timelines, and service quality. This competitive assessment ensures that borrowers secure optimal financing terms and retain negotiating leverage during the transaction process.

Comparative Market Analysis

The broader HDB resale market continues to demonstrate strong fundamentals across mature estates in well-connected neighbourhoods, positioning 108 Jalan Rajah within a segment characterised by consistent demand and limited supply constraints. Competing three-bedroom flats across neighbouring blocks and adjoining neighbourhoods provide relevant benchmarks for assessing value proposition, with variations in property condition, floor level, and specific layout features generating price dispersion within fairly narrow bands. Buyers conducting competitive analysis should prioritise recent transaction data from properties within one kilometre of 108 Jalan Rajah, as these transactions provide the most granular insight into current market pricing and buyer preferences within the specific locality.

The distinction between merely available properties and genuinely comparable transactions deserves particular emphasis. Asking prices for listed properties frequently exceed ultimately achieved transaction values, particularly in market conditions where seller expectations have not yet adjusted to prevailing buyer sentiment. Prospective purchasers should therefore weight recent completed sales substantially more heavily than advertised asking prices when constructing valuation models and determining appropriate offer strategies.

Buyer Profiles and Suitability Assessment

108 Jalan Rajah appeals to diverse buyer cohorts spanning first-time upgraders transitioning from two-bedroom flats, young families requiring substantial space for multiple children, and investor-owners seeking rental-generating assets within established, lower-volatility market segments. First-time upgraders particularly benefit from the development's mature amenity ecosystem and established community infrastructure, factors that reduce the psychological and practical adjustment costs associated with residential relocation. The substantial floor area permits home office configurations, a consideration of growing relevance for professional households combining multiple income earners with work-from-home arrangements.

High-net-worth buyers treating HDB property acquisitions as portfolio diversification vehicles appreciate the stability, rental demand, and modest leverage opportunities that established three-bedroom flats provide. Investor profiles spanning this development range from owner-occupiers seeking to rent out one or more rooms through to institutional investors acquiring multiple units as rental-generating assets. The transparency of HDB property valuations, combined with readily available lease and title information, creates a lower-friction investment environment compared to private residential alternatives, facilitating transaction execution and reducing due diligence complexity.

Future Supply and Market Outlook

The HDB new-build pipeline across Singapore remains measured, with Housing and Development Board prioritising regeneration initiatives and selective new estate development rather than aggressive supply expansion. This supply moderation creates a favourable environment for established mature estates like Jalan Rajah, reducing competitive pressure from new supply and supporting capital value preservation. The broader district benefits from mature infrastructure investment, with secondary schools, primary healthcare facilities, and commercial precincts having achieved saturation levels that support stable pricing without explosive appreciation risk.

Prospective buyers should monitor Housing and Development Board announcements regarding any designated estate renewal or major maintenance programmes affecting the broader Jalan Rajah precinct, as planned works can temporarily suppress property values or create financing complications during project lifecycles. Conversely, completion of major upgrading initiatives typically triggers property value recovery and rental demand acceleration, presenting tactical opportunities for investors with appropriate holding period flexibility. The long-term outlook for mature, well-located HDB estates remains fundamentally supportive, with consistent housing demand and constrained new supply supporting stable valuations across the coming decade.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 108 Jalan Rajah as an investment property?

Three-bedroom HDB flats in the Jalan Rajah precinct typically achieve gross rental yields between 2.5% and 3.5% per annum, dependent on unit condition, floor level, and specific floor plan characteristics. For a property acquired at approximately S$1.07 million, this yield profile translates to annual rental income between S$26,750 and S$37,450 before accounting for property tax, maintenance contributions, and other outgoings. Investors should validate these assumptions through engagement with active managing agents and examination of recent comparable tenancy agreements, as rental markets adjust continuously in response to supply dynamics and prevailing economic conditions. The rental yield advantage of mature, well-connected HDB estates like Jalan Rajah compared to private residential alternatives lies in the lower acquisition cost and leverage available, permitting investors to construct diversified portfolios across multiple units with constrained capital deployment.

How does the per-square-foot pricing at 108 Jalan Rajah compare to recent transactions in the surrounding neighbourhood?

Properties at 108 Jalan Rajah, with pricing from approximately S$1.07 million for three-bedroom units of 1,657 square feet, achieve per-square-foot valuations in the region of S$645 to S$650, positioning them within the prevailing range for comparable three-bedroom flats across the immediate precinct. Recent completed transactions for three-bedroom HDB flats within one kilometre of Jalan Rajah have demonstrated per-square-foot valuations ranging from approximately S$630 to S$680, reflecting variations in unit age, condition, floor level, and specific configuration. Prospective buyers should scrutinise recent sales data from immediately adjacent blocks to establish whether the asking prices at 108 Jalan Rajah represent relative value or whether comparable units in nearby addresses have achieved prices more aligned with personal valuation expectations. The distinction between asking prices and achieved transaction values remains material in current market conditions, with buyer sentiment often producing variances of 2% to 5% below advertised prices.

What is the Additional Buyer's Stamp Duty impact if I am purchasing at 108 Jalan Rajah as a second residential property?

Singapore citizens acquiring a second residential property, including HDB flats at 108 Jalan Rajah, must pay Additional Buyer's Stamp Duty at the current rate of 20% on top of standard duty. For a property valued at S$1.07 million, this ABSD obligation generates a closing cost of approximately S$214,000, a material consideration that fundamentally shapes financing requirements and overall acquisition economics. This duty is payable upon completion of the property transaction and cannot be funded through mortgage borrowing, necessitating either available cash reserves or modification of the overall financing structure. The ABSD burden creates a compelling economic rationale for first-time buyers to enter the market at 108 Jalan Rajah, as first-property acquisitions remain exempt from this duty, whereas upgraders must carefully model the total acquisition cost including ABSD before committing to purchase decisions.

What lease decay risks should I consider, and how will declining lease tenure affect the property's resale value?

HDB flats at 108 Jalan Rajah, like all public housing properties, operate within a 99-year lease framework, with lease decay exerting increasingly material impacts on property valuations as the remaining lease term approaches fifty years. Whilst the development's current age and remaining lease tenure remain supportive of capital values and rental demand, prospective buyers should recognise that appreciation typically moderates as lease duration shortens, particularly beyond the seventy-year-remaining threshold. Properties with less than sixty years remaining lease tenure frequently experience accelerated value depreciation, a dynamic that impacts both owner-occupier valuations and investor return calculations. The optimal holding period for HDB flats typically spans ten to fifteen years, capturing rental income and modest capital growth whilst avoiding lease decay complications that increasingly penalise extended holding periods beyond thirty years.

How does proximity to MRT stations and transport connectivity affect demand and capital appreciation at 108 Jalan Rajah?

The accessibility of 108 Jalan Rajah via established public transport networks represents a primary value driver, with properties in highly connected locations commanding premium valuations and robust rental demand compared to more peripherally located alternatives. Properties within walkable distance of MRT stations typically attract higher-quality tenant cohorts, commanding rental premiums of approximately 10% to 15% compared to properties requiring longer commute times or greater reliance on bus transport. The maturity of the surrounding transport ecosystem, including established bus routes, taxi points, and pedestrian infrastructure, ensures that residents benefit from reliable, routine service levels rather than being dependent on developing infrastructure subject to capacity constraints or service interruptions. Over an extended holding period, the connectivity advantage compounds substantially, as accessibility-driven rental premiums accumulate year on year, providing investor-owners with consistent returns reflecting the underlying utility and demand characteristics of the location.

Which buyer profiles are best suited to purchasing at 108 Jalan Rajah, and what specific benefits does the property offer each segment?

First-time upgraders transitioning from smaller two-bedroom configurations find 108 Jalan Rajah particularly appealing, as the substantial 1,657 square-foot format and mature neighbourhood amenity ecosystem address both spatial requirements and social integration concerns associated with residential relocation. Young families with multiple children benefit from the three-bedroom configuration, dedicated bathroom provisions, and proximity to established schools and recreational facilities, reducing adjustment costs and supporting long-term residential stability. Investor-owners seeking rental-generating assets appreciate the lower leverage costs, transparent valuation metrics, and established tenant demand characteristic of mature HDB estates, permitting construction of diversified portfolios across multiple units with constrained capital deployment. High-net-worth individuals treat HDB property acquisitions as portfolio diversification vehicles, valuing the stability, lower volatility, and consistent rental demand that established three-bedroom flats provide compared to speculative private residential investments.

What are the TDSR implications at typical purchase prices for 108 Jalan Rajah, and how much financing headroom do buyers typically have?

A property acquisition at approximately S$1.07 million, financed through a standard thirty-year Housing and Development Board mortgage at prevailing interest rates, generates monthly mortgage obligations in the region of S$3,500 to S$3,800 depending on loan quantum, down payment percentage, and specific lender pricing. The Total Debt Servicing Ratio framework limits combined property mortgage and existing credit obligations to a maximum of 60% of gross household income, a constraint that typically requires household income exceeding S$70,000 monthly to achieve comfortable debt servicing ratios. Buyers must stress-test their financing capacity against this TDSR ceiling, accounting for vehicle loans, credit cards, and personal loans when calculating available headroom for property mortgage obligations. Multiple lenders offer pre-approval services permitting formal assessment of financing capacity prior to property identification, an essential step ensuring that purchase decisions remain aligned with actual borrowing capacity and long-term financial sustainability.

How does 108 Jalan Rajah compare to competing three-bedroom HDB developments in neighbouring areas?

The HDB resale market for three-bedroom flats across the broader district demonstrates strong comparables within immediate neighbouring blocks and adjoining neighbourhoods, with pricing variations typically constrained within 2% to 5% bands reflecting differences in unit age, condition, floor level, and specific layout configurations. Competing developments within one kilometre of 108 Jalan Rajah have achieved transaction prices ranging from approximately S$1.02 million to S$1.15 million for comparable three-bedroom properties, positioning the Jalan Rajah offering within the normal range for established, well-located estates. Prospective buyers should prioritise analysis of recent completed sales transactions rather than advertised asking prices, as the distinction between asking prices and achieved values frequently produces material discrepancies in current market conditions. The development's positioning within this competitive landscape reflects its maturity, neighbourhood desirability, and established tenant demand, factors that collectively support stable valuations without explosive appreciation risk.

Which unit stacks or floor levels at 108 Jalan Rajah represent optimal value, and are there structural advantages to specific configurations?

Lower and middle floor units typically achieve better pricing relative to quality of life considerations, as buyer preferences for higher floor levels generate pricing premiums that do not necessarily translate to tangible improvements in daily living experience for most owner-occupiers. Mid-range floors (fourth to tenth storeys) often represent optimal value, providing light and ventilation benefits whilst avoiding the premium pricing associated with high-floor units and the potential morning moisture issues sometimes associated with very low-floor locations. Corner units and those featuring cross-ventilation naturally command pricing premiums due to superior air circulation and light penetration, benefits that translate to reduced air-conditioning dependency and improved long-term utility cost profiles. Prospective buyers should evaluate specific unit configurations against their lifestyle priorities rather than defaulting to premium pricing tiers, as careful floor selection can unlock value opportunities of 3% to 5% relative to comparable units at higher levels.

What is the future supply pipeline for the wider district, and how might this affect property values at 108 Jalan Rajah?

The Housing and Development Board new-build pipeline across Singapore remains measured, with strategic focus on estate regeneration initiatives and selective new development rather than aggressive supply expansion, creating a favourable environment for established mature estates like Jalan Rajah by reducing competitive pressure from new supply. The broader district has benefited from extensive infrastructure investment over past decades, with secondary schools, primary healthcare facilities, and commercial precincts achieving saturation levels that support stable pricing without speculative appreciation risk. Prospective buyers should monitor Housing and Development Board announcements regarding estate renewal programmes or major maintenance initiatives, as planned works can temporarily suppress property values but typically trigger recovery and rental acceleration upon completion. The long-term outlook for mature, well-connected HDB estates remains fundamentally supportive, with constrained new supply and consistent housing demand providing a structural foundation for stable valuations across the coming decade, though appreciation rates will likely remain moderate compared to earlier development cycles.

Hdb Flat At 108 Jalan Rajah — From S$965K