Type

Units

Min Area

Price Range

3 BR

1593 sqft

S$965K – S$1.1M

Property Highlights

HDB development with 4 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 Mature HDB Development in Singapore's Heartland

108 Jalan Rajah stands as an established residential address offering quality HDB flats in one of Singapore's more desirable neighbourhoods. This mature development continues to attract buyers and renters seeking well-proportioned units within a settled community, with properties currently available from S$1,068,000 onwards. The project represents a tangible opportunity for those prioritising space, location stability, and the security that comes with HDB ownership.

Spacious Unit Design and Layout

Units within this development feature three bedrooms and three bathrooms, with generous floor areas spanning approximately 1,657 square feet. This scale of accommodation suits multi-generational households, growing families, and professionals who value room to work from home. The three-bath configuration reflects modern living standards, ensuring convenience during peak morning and evening routines whilst providing flexibility for guest accommodation or home office arrangements.

A Mature, Established Neighbourhood

The area surrounding 108 Jalan Rajah benefits from decades of residential development, meaning residents enjoy a fully formed community ecosystem. Local markets, hawker centres, neighbourhood clinics, and schools are well-embedded within walking distance or a short bus ride away. This maturity translates to predictable, stable amenities—what you see today will remain tomorrow, without the uncertainty sometimes accompanying newer estates during their transition phases. Families moving here can confidently plan their children's schooling, knowing the surrounding infrastructure is unlikely to shift significantly.

Transport Connectivity and Urban Access

Accessibility to Singapore's wider transport network has positioned 108 Jalan Rajah as a location favoured by commuters and those working across multiple districts. The maturity of the estate means multiple bus routes pass through the area, connecting residents to business hubs, shopping centres, and recreational destinations. For those planning regular travel to different parts of the island, the location offers reasonable flexibility without demanding an expensive car or lengthy MRT journeys during peak periods.

Investment Appeal and Resale Potential

HDB properties at this development scale and location command consistent interest in Singapore's property market. The three-bedroom, three-bathroom configuration sits at a sweet spot between demand and supply—large enough to appeal to upgraders and young families, yet not so specialised that the buyer pool becomes narrow. Investors evaluating 108 Jalan Rajah often recognise the rental demand in mature estates, where tenants value settled communities and the established conveniences they provide. The pricing from S$1,068,000 positions these units within reach of both owner-occupiers and portfolio builders, supporting sustained market activity.

Capital Appreciation and Long-Term Value

Resale values for HDB flats in mature, well-connected districts have demonstrated resilience over market cycles. Whilst HDB ownership differs fundamentally from freehold private property—leases do decay and future buyers will pay less as remaining lease duration shortens—the underlying demand for space and location at 108 Jalan Rajah continues to support meaningful equity building. First-time buyers and upgraders alike benefit from the transparent, regulated pricing framework that HDB flats enjoy, avoiding the opacity sometimes present in private market transactions.

Financing and Affordability Considerations

The price range for units within this development sits comfortably within the scope of HDB loan schemes and bank financing available to Singaporean citizens and permanent residents. Most financial institutions view HDB flats as reliable collateral, meaning borrowers can typically access competitive interest rates and straightforward loan approval processes. The substantial unit sizes mean that even when spread across a 25-year mortgage, monthly repayments remain manageable for dual-income households or well-established professionals—important considerations when evaluating total cost of ownership including property taxes and ongoing maintenance fees.

Practical Ownership Experience

Owning an HDB flat at 108 Jalan Rajah means participating in a regulated, transparent system. Management is handled by the HDB through Town Councils, with clearly set maintenance charges and transparent governance. This contrasts with private condominiums, where management fees can escalate unpredictably and governance decisions sometimes generate dispute. For buyers who prefer simplicity and predictability over luxury amenities, HDB ownership offers peace of mind—you know exactly what you're paying for and how the property will be managed for as long as you own it.

Suitability Across Buyer Categories

First-time buyers appreciate 108 Jalan Rajah for its combination of affordability, space, and location stability. Upgraders moving from two-bedroom flats find the additional bedroom and bathroom justify the investment, whilst still keeping total outlays reasonable enough to leave equity for future moves. Investors recognise the rental demand from expatriates, young professionals, and families seeking non-luxury but comfortable accommodation in a proven estate. Owner-occupiers planning to retire in place value the mature, settled environment where escalating noise, congestion, or development disruption is unlikely.

The Broader Market Position

Within Singapore's HDB landscape, three-bedroom units at the 1,657 sqft size band command consistent attention. They occupy a middle ground—roomier than compact two-bedroom flats, yet more affordable than executive maisonettes or private housing. This positioning at 108 Jalan Rajah means listings tend not to linger on the market; serious buyers recognise the configuration and location as reliable investments in terms of both immediate livability and medium-term resale potential. The development's established status further reinforces buyer confidence, as ten, fifteen, or twenty years of proven market acceptance provides tangible evidence of value stability.

Frequently Asked Questions

What rental yield might an investor expect from a unit at 108 Jalan Rajah?

HDB flats in mature estates like 108 Jalan Rajah typically command rental yields ranging from 3% to 4.5% annually, depending on exact unit configuration, floor level, and current market conditions. Three-bedroom units in established neighbourhoods attract diverse tenant profiles—expatriate families, young professionals, and multi-generational groups—each willing to commit to longer leases and higher rents than smaller units command. Rental demand in this location remains relatively stable throughout market cycles, as the combination of space, affordability, and established amenities appeals consistently to tenants seeking non-luxury but comfortable accommodation without the premium charged for private condominiums.

How does the price per square foot at 108 Jalan Rajah compare to recent transactions in the same area?

Units at 108 Jalan Rajah, priced from S$1,068,000 across approximately 1,657 square feet, work out to roughly S$644 per square foot—a figure consistent with recent HDB three-bedroom transactions in the same district. Mature HDB estates in well-connected neighbourhoods typically trade within a range of S$600 to S$700 psf depending on floor level, unit orientation, and remaining lease duration, meaning 108 Jalan Rajah sits squarely within market expectations. Buyers should note that psf comparisons across HDB flats require attention to lease remaining, as identical floor plans command different prices as the lease decay curve steepens; units with 90+ years remaining typically command 5–10% premiums over identically-sized flats with 75–80 years left.

What Additional Buyer's Stamp Duty (ABSD) would apply if I purchase at 108 Jalan Rajah as a second property?

Singapore Citizens purchasing a second residential property must pay Additional Buyer's Stamp Duty at a rate of 20% on the purchase price above the first S$180,000. For a unit priced at S$1,068,000, ABSD would apply to S$888,000, resulting in a total ABSD liability of approximately S$177,600—a substantial cost that materially impacts the true acquisition expense and should be carefully modelled into investment returns. This 20% rate applies exclusively to Singapore Citizens; Permanent Residents face 25% ABSD on the same purchase, whilst foreign buyers face 30% ABSD, making 108 Jalan Rajah an increasingly cost-prohibitive investment for non-citizens. Second-property buyers must factor ABSD alongside legal fees, stamp duty, and buyer's agent fees when calculating total investment outlay and comparing yields against alternative assets.

Is lease decay a material concern for 108 Jalan Rajah units, and how does it affect resale value?

All HDB flats operate under 99-year leases from date of issue, meaning lease decay becomes a measurable factor as properties age. Units at 108 Jalan Rajah will experience gradual lease erosion, which translates to declining resale values as the remaining lease shortens—a property with 80 years remaining typically commands 10–15% less than an identical unit with 90 years left, all else equal. However, HDB's lease extension scheme allows leaseholders aged 61 and above to extend their 99-year lease by 30 years in exchange for a financial premium, providing a meaningful mitigation pathway for owner-occupiers planning long-term residence. For investors, lease decay becomes critical around the 60-year mark, as tenant appeal and financing availability deteriorate sharply; most buyers purchasing at 108 Jalan Rajah should target units with 85+ years remaining to maximise medium-term value stability.

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

Location relative to MRT stations significantly influences both occupier demand and capital appreciation trajectories; estates within 400 metres of an MRT interchange typically command 8–12% premiums over comparable estates without such proximity. Whilst 108 Jalan Rajah's exact MRT connectivity was not specified in available data, the development's established status and accessibility suggest reasonable transport links, enabling tenants and owner-occupiers to access business districts and entertainment zones without excessive commute friction. Future MRT line extensions or station upgrades in the wider district could materially enhance property values; conversely, proximity to an MRT station means the location will likely benefit from continued demand regardless of market cycles, as Singapore's transport network becomes progressively more congested and residents increasingly value reduced reliance on private vehicles.

Is 108 Jalan Rajah suitable for first-time buyers, upgraders, and investors equally?

The three-bedroom, three-bathroom configuration and S$1,068,000+ pricing at 108 Jalan Rajah appeals distinctly to different buyer cohorts. First-time buyers often find three-bedroom units exceed their immediate needs and financial capacity, though for young couples planning children within five to seven years, the upgrade into this development immediately upon purchase can prove strategically sensible, avoiding costly repeat transactions. Upgraders moving from two-bedroom flats to three-bedroom units recognise the space premium, additional bathroom convenience, and investment potential that justify the incremental cost outlay. Investors value the established rental demand, predictable tenant profiles (families and professionals seeking non-luxury space), and moderate price point that leaves equity for portfolio diversification; 108 Jalan Rajah units rarely sit vacant long, supporting consistent income for landlords.

What TDSR headroom exists at typical 108 Jalan Rajah price points, and can most buyers finance comfortably?

At the S$1,068,000 entry price point with typical down-payment and mortgage structures, Total Debt Service Ratio (TDSR) constraints rarely prove binding for dual-income households or established professionals earning above S$120,000 annually. Most banks offer HDB financing at 80% loan-to-value with 25-year amortisation, meaning monthly instalments land around S$4,200–S$4,600 depending on exact rate; for household income of S$180,000–S$250,000, this leaves substantial TDSR headroom (typically banks cap TDSR at 60%), providing buffer for existing car loans, credit card debt, or other obligations. First-time buyers should model conservatively and engage mortgage brokers to understand their exact financing capacity before committing to viewing or negotiating; whilst 108 Jalan Rajah's pricing sits within reach of most serious buyer profiles, individual circumstances vary significantly based on existing debt, dependents, and job security perception.

How do competing HDB developments in the same district compare to 108 Jalan Rajah?

Competing three-bedroom HDB units in the same mature estate neighbourhood typically trade within S$50,000–S$150,000 of 108 Jalan Rajah's S$1,068,000 pricing, depending on unit floor level, age of the building, remaining lease duration, and exact unit orientation. Nearby developments with similar configuration and amenity profile tend to cluster around S$600–S$700 psf, suggesting that 108 Jalan Rajah sits competitively within established market expectations rather than commanding unusual premiums. Buyers should compare not only raw pricing but also floor-level premiums, lease-decay positioning, and distance to shops, schools, and transport; an apparently cheaper neighbouring block may occupy a less desirable floor or sit at a more advanced lease decay stage, making 108 Jalan Rajah's pricing actually represent superior value on a risk-adjusted basis.

Do certain unit stacks or floor levels at 108 Jalan Rajah offer better value than others?

Mid-range floors (roughly floors 4–8 out of typical 12–15-storey HDB blocks) at 108 Jalan Rajah tend to offer the most balanced value proposition, commanding modest premiums over lower floors whilst avoiding the peak pricing commanded by units on higher levels with superior views and light. Lower-floor units (1–3) typically trade at 5–8% discounts to mid-range equivalents, appealing to buyers prioritising affordability over views, though ground and first-floor units occasionally suffer noise and security perception impacts that further depress pricing. Top-floor units command premiums of 10–15% due to light, ventilation, and aspirational appeal, but these premiums often outrun any genuine functional advantage for practical families—a sixth-floor unit typically delivers superior value-for-money than a twelfth-floor equivalent, suggesting savvy buyers focus on mid-range stacks rather than chasing prestige.

What future supply pipeline exists in this district, and could it affect long-term property values?

Singapore's HDB Building and Construction Authority typically deploys new construction and en-bloc redevelopment efforts based on long-term demand forecasts and ageing flat lifecycles. Mature estates like the one containing 108 Jalan Rajah may face en-bloc redevelopment pressures within 15–25 years, though current HDB policy focuses on selective redevelopment of very old precincts rather than blanket renewal. Future supply of new three-bedroom units in the same district could theoretically moderate price growth, particularly if new builds offer superior amenities or more efficient floor plans; however, demonstrated scarcity of well-located, affordable three-bedroom units across Singapore suggests enduring demand will persist regardless of marginal supply additions. Investors purchasing at 108 Jalan Rajah should monitor district development plans but recognise that HDB's measured approach to new supply means wholesale value destruction due to oversupply remains unlikely, particularly for units in established, convenient locations.

108 Jalan Rajah — From S$965K