Type

Units

Min Area

Price Range

1 BR

480 sqft

S$2,900/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$2,900.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$580 on this acquisition.
Located 8 min (660 m) from EW9 Aljunied 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.

109 Aljunied Crescent: Geylang's Connected HDB Community

109 Aljunied Crescent stands as a significant residential address in the heart of Geylang, one of Singapore's most vibrant and historically layered neighbourhoods. The development comprises multiple HDB units, each designed to maximise living efficiency within the constraints of urban planning regulations. This is a mature housing block that serves as home to families, working professionals, and investors alike, all drawn to the area's distinctive blend of accessibility, affordability, and community character.

The primary strength of this location lies in its proximity to Aljunied MRT Station on the East–West Line (EW9). At just 8 minutes' walk—roughly 660 metres—residents enjoy seamless connectivity to Singapore's central business districts, educational institutions, and employment corridors. This connectivity translates directly into rental appeal and long-term capital growth potential, as the MRT network remains the backbone of Singapore's property valuation matrix. Commuters can reach Marina Bay, Raffles Place, or Changi Airport within 30 minutes, making the address attractive to professionals who prioritise travel time and convenience.

Housing Typology and Unit Offerings

The units at 109 Aljunied Crescent follow the HDB typology standard to Singapore, encompassing compact floor plates that typically range upwards from 480 square feet. These efficient layouts reflect Singapore's housing-density philosophy and serve specific buyer demographics: first-time purchasers entering the property market, downsizers seeking maintenance-light living arrangements, and investors hunting for high-yield rental assets in established neighbourhoods. The modest unit sizes are offset by practical design and proximity to amenities, factors that consistently drive demand in this price segment.

Current offerings span various configurations across the block, ensuring that prospective buyers can select layouts aligned with their household composition and lifestyle needs. Rental listings are actively maintained across multiple units, indicating robust tenant demand and demonstrating the development's appeal to the buy-to-let investor community.

Geylang's Established Amenity Ecosystem

Geylang is an exceptionally well-serviced neighbourhood, characterised by decades of commercial and social infrastructure development. Within walking distance of 109 Aljunied Crescent, residents find wet markets, coffee shops, hawker centres, and independent retailers that form the backbone of daily life in this historic district. The area pulses with round-the-clock activity, cultural diversity, and authentic Singapore character—attributes increasingly rare in newer estates dominated by chain operators and sterile commercial formats.

Healthcare facilities, including clinics and pharmacies, are abundantly available along nearby thoroughfares. Educational options range from neighbourhood primary schools to larger institutions accessible via short bus rides. Banking, postal services, and utility offices cluster around the MRT station and adjacent commercial nodes, minimising errand-running friction for residents.

Investment Profile and Rental Dynamics

The HDB rental market in Geylang remains exceptionally competitive, driven by the neighbourhood's transport connectivity, working-age demographic concentration, and relatively lower entry costs compared to private residential properties. Investors purchasing units at 109 Aljunied Crescent typically target rental yields between 3–4% on gross rental income, depending on unit size, floor level, and prevailing market rents. The neighbourhood attracts young professionals, migrant workers on defined-term contracts, and students seeking independence—all tenant cohorts with stable rental demand profiles.

Rental tenure cycles in this precinct are typically 12 months or longer, with relatively low tenant churn once a suitable match is made. The HDB rental framework permits non-citizen occupancy, broadening the tenant pool and supporting consistent demand even during economic cycles when expatriate worker populations fluctuate.

Transportation and Capital Growth Drivers

Singapore's property market increasingly prices neighbourhoods according to their transport accessibility, school proximity, and commercial vibrancy. Aljunied MRT Station's position on the East–West Line—one of Singapore's busiest and most established transit corridors—ensures that 109 Aljunied Crescent maintains structural demand regardless of broader property cycles. The station serves as an anchor not only for commuter traffic but also for economic activity, with nearby office nodes, retail clusters, and educational facilities sustaining foot traffic and commercial viability.

Historical property data indicates that HDB blocks within 600–800 metres of major MRT stations experience more resilient resale valuations and lower vacancy periods compared to blocks requiring longer walking distances. This proximity premium is particularly pronounced along the East–West Line, which connects multiple major employment districts and remains Singapore's second-busiest line by ridership volume.

Market Position Within Geylang's Residential Tier

At the Geylang district level, 109 Aljunied Crescent occupies a middle position in the HDB market spectrum. Its pricing reflects both its matureness—as an established block with well-defined supply and demand patterns—and its locational attributes. Buyers comparing this development to newer Build-to-Order projects in outer regions such as Punggol or Sengkang typically observe that 109 Aljunied Crescent commands a slight premium per square foot, yet offers immediate occupancy and proven transport connectivity. The trade-off is straightforward: proximity and community character versus modern finishes and spatial generosity.

For upgraders moving from rental or smaller starter flats, this development presents an accessible pathway into ownership with established appreciation patterns. For downsizers exiting larger private properties, the compact units align with reduced maintenance expectations and lower carrying costs. For investors, the established rental market and consistent demand cycles support predictable cash flow models.

Lease, Financing, and Buyer Eligibility

HDB flats at 109 Aljunied Crescent are held on 99-year leases, a standard tenure for Housing and Development Board properties. Buyers must satisfy HDB's income and citizenship criteria, and first-time purchasers benefit from specific grant schemes and financing concessions unavailable to investors or upgraders. Additional Buyer's Stamp Duty (ABSD) applies to second-property purchases by Singapore Citizens at a rate of 20%, a material cost consideration for investors or upgraders acquiring units at this development as additional holdings.

Financing headroom under the Total Debt Servicing Ratio (TDSR) framework permits eligible purchasers to borrow up to 55% of gross monthly income, meaning a household earning S$5,000 per month could service approximately S$275,000 in total housing debt. At prevailing HDB prices in this precinct, such a household could access units through HDB's concessional financing schemes, which currently offer fixed interest rates materially lower than private sector mortgage products.

Future District Development and Supply Dynamics

Geylang, as an established district, is not subject to the same large-scale new supply pipelines as outer regions such as Punggol or Sengkang. This relative scarcity of new inventory in inner-ring locations typically supports gradual price appreciation and sustained rental demand. However, the Urban Renewal Authority (URA) has periodically flagged potential rejuvenation initiatives within Geylang, focusing on heritage preservation, public transport enhancement, and mixed-use commercial development. Such initiatives, if implemented, could materially enhance the precinct's long-term asset value without introducing destabilising oversupply.

The neighbourhood's trajectory is broadly one of gentle gentrification and consolidation rather than explosive growth, reflecting its maturity and its role as a stabilising, authentic element within inner Singapore's increasingly affluent property landscape.

Conclusion

109 Aljunied Crescent represents a pragmatic entry or expansion point within Singapore's HDB market for buyers prioritising transport connectivity, established community infrastructure, and proven rental dynamics. Its position relative to Aljunied MRT Station, combined with Geylang's distinctive character and mature amenity base, positions this development as a resilient holding for both owner-occupiers and yield-focused investors. Prospective buyers should assess their financing capacity, lease decay timelines, and investment horizon before committing, but the fundamentals—proximity, demand, and accessibility—are firmly established.

Frequently Asked Questions

What rental yield can investors realistically expect from units at 109 Aljunied Crescent?

Investors purchasing compact HDB units at this development typically target gross rental yields between 3–4% per annum, depending on unit size, floor level, and prevailing market rents within the Geylang precinct. The neighbourhood attracts strong tenant demand from young professionals, migrant workers on defined-term contracts, and students, ensuring relatively low vacancy cycles and stable cash flow. Rental tenures are typically 12 months or longer, and HDB's permissive rental framework—allowing non-citizen occupancy—broadens the addressable tenant pool significantly compared to private residential alternatives, thereby supporting consistent month-to-month demand even during economic cycles when local employment patterns fluctuate.

How does pricing per square foot at 109 Aljunied Crescent compare to recent HDB transactions in Geylang?

Units at 109 Aljunied Crescent command pricing that reflects both the block's matureness and its advantageous MRT proximity—typically sitting in the mid-to-upper range for established Geylang HDB stock. Recent comparable sales in the immediate precinct suggest per-square-foot valuations ranging from approximately S$8,000–S$10,000 depending on floor level, unit configuration, and condition; however, prices fluctuate based on monthly market conditions and buyer demand dynamics. The development's pricing generally commands a modest premium relative to HDB blocks further from Aljunied MRT Station, yet undercuts newer Build-to-Order projects in outer regions such as Punggol or Sengkang, which command higher baseline pricing due to modern finishes and larger unit areas. For buyers prioritising cost-per-square-foot efficiency within an established, connectivity-rich location, 109 Aljunied Crescent offers compelling value relative to its immediate competitive set.

What is the Additional Buyer's Stamp Duty (ABSD) cost for Singapore Citizens purchasing a second property at this development?

Singapore Citizens purchasing a second residential property—including an HDB flat at 109 Aljunied Crescent—incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. For an investor or upgrader acquiring a unit priced at S$350,000, ABSD would total S$70,000, a material cost that must be factored into total acquisition expense and return-on-investment calculations. ABSD is payable within 14 days of the Option to Purchase being exercised, and failure to settle within this window triggers penalties. Buyers should factor this 20% ABSD charge into their financing arrangements and cash-reserve planning, as it significantly impacts the total capital deployment required for second-property acquisitions within the HDB market.

What lease decay risks should buyers at 109 Aljunied Crescent be aware of, and how might they impact resale value?

HDB flats at 109 Aljunied Crescent are held on 99-year leases, a standard Housing and Development Board tenure that commenced at the block's original completion date. As these leases decay over time—reaching 60 years, 40 years, or below—resale valuations typically compress due to financial institution lending constraints and reduced appeal to owner-occupiers prioritising long lease horizons. For blocks built in the 1970s–1980s, lease decay has begun materialising visibly, with per-square-foot prices declining as remaining tenure approaches 60 years. Buyers should ascertain the exact lease commencement date for this specific block and perform present-value calculations assessing appreciation potential relative to lease runway; a block with 70 years remaining typically commands materially higher resale values than one with 50 years remaining, all else equal. Investors must be particularly cautious about purchasing units with severely depleted leases, as tenant demand and refinance eligibility decline sharply once remaining tenure drops below 50 years.

How does proximity to Aljunied MRT Station drive demand and capital appreciation for properties at this address?

Aljunied MRT Station (EW9) sits on the East–West Line, one of Singapore's busiest and most economically significant transit corridors, connecting major employment precincts, educational institutions, and commercial nodes across the island. Units at 109 Aljunied Crescent, located merely 8 minutes' walk from this station, benefit from both commuter convenience—reaching Marina Bay, Raffles Place, or Changi Airport within 30 minutes—and rental demand stability driven by the surrounding employment density. Historical property data demonstrates that HDB blocks within 600–800 metres of major MRT stations experience more resilient resale valuations and lower vacancy periods compared to blocks requiring longer walking distances, a phenomenon particularly pronounced along the East–West Line. The transport premium has historically contributed 15–25% uplift to per-square-foot pricing relative to equivalent units 1.5–2.0 kilometres away from MRT access, with this differential widening during periods of rising petrol costs or transport-mode shifts. Capital appreciation at 109 Aljunied Crescent is therefore structurally supported by this transport anchor, ensuring consistent demand from commuters, investors, and owner-occupiers prioritising accessibility.

Is 109 Aljunied Crescent suitable for first-time HDB buyers, upgraders, or investors—and what are the key differences in suitability?

This development serves distinct buyer archetypes with varying priorities. First-time buyers benefit from HDB grant schemes, concessional financing rates (currently around 2.6% fixed), and income-based eligibility criteria that make units here accessible without ABSD or equity-unlock considerations; the focus is on affordability, transport connectivity, and community stability. Upgraders moving from rental or smaller starter units find the established rental market, proven price trajectory, and lower maintenance burden attractive; however, they incur 20% ABSD on acquisition and must ensure Total Debt Servicing Ratio headroom given their existing liabilities. Investors focus squarely on rental yield, tenant demand stability, and resale appreciation potential; they assess the 3–4% gross yield target against alternative assets and factor in 20% ABSD cost, viewing the purchase as a capital deployment requiring justifiable cash-on-cash returns. For each cohort, 109 Aljunied Crescent's established position within Geylang—offering proven demand cycles, transport connectivity, and pricing stability—reduces execution risk relative to untested new developments or distressed blocks requiring significant discount justification.

What Total Debt Servicing Ratio (TDSR) headroom do typical buyers have at current price points for this development?

The HDB TDSR framework permits eligible purchasers to service total housing debt (mortgages, HDB loans, car loans, credit commitments) up to 55% of gross monthly income; private sector financing typically caps TDSR at 60%. For a household earning S$5,000 per month, this translates to approximately S$275,000 in supportable total debt. At prevailing HDB unit prices in Geylang (ranging upwards from approximately S$300,000–S$400,000+), prospective buyers typically require home loans of S$165,000–S$220,000, depending on down-payment capacity. HDB's concessional financing schemes offer fixed interest rates materially lower than private sector mortgages, currently approximately 2.6%, which substantially improves affordability ratios relative to market-rate borrowing. A household with S$5,000 monthly income seeking to purchase a S$350,000 unit would require approximately S$192,500 in loan funding (assuming S$157,500 down-payment), servicing roughly 3.5–4.0% of gross income at current HDB rates—comfortably within TDSR constraints and leaving substantial headroom for other commitments. Buyers should obtain HDB pre-approval letters before making offers, as eligibility varies based on citizenship, income, existing liabilities, and loan tenure preferences.

How does 109 Aljunied Crescent compare to nearby competing HDB developments or private residential alternatives?

Within the immediate Geylang precinct, 109 Aljunied Crescent competes directly against other established HDB blocks such as those along Sims Avenue, Haig Road, or Buffalo Road, which offer similar transport connectivity and community maturity; however, pricing and per-square-foot valuations vary based on block condition, facade renovation status, and unit availability. Compared to newer Build-to-Order projects in outer regions such as Punggol or Sengkang, 109 Aljunied Crescent trades lower per-square-foot pricing for immediate occupancy, established tenant demand, and proven capital appreciation patterns—a trade-off favoring investors and upgraders prioritising yield and cash flow over modern finishes. Relative to private residential alternatives in nearby Paya Lebar or Macpherson, HDB units at this development offer substantially lower acquisition costs (typically 40–50% discounts per square foot), though with reduced personal customisation flexibility and maintenance control. For budget-conscious buyers and yield-focused investors, the development's positioning within Geylang's HDB ecosystem is defensible; for buyers seeking prestige or maximum spatial flexibility, private residential alternatives remain more aligned with their preferences, albeit at materially higher price points.

Which floor levels or unit stacks at 109 Aljunied Crescent offer the best value relative to current market pricing?

HDB floor-level premiums typically follow a 5–10% spread between ground-level units (least desirable due to street noise, privacy concerns, and security vulnerabilities) and mid-to-upper floors (15th–25th levels, offering panoramic views, stronger natural ventilation, and reduced street-level disturbance). Lower-intermediate floors (8th–12th levels) frequently represent the optimal value inflection point, commanding modest premiums over ground-level units whilst avoiding the maximum-premium pricing tiers of highest levels. For investors, lower-intermediate stacks often yield superior cash-on-cash returns, as tenant demand is robust across these levels without the premium pricing of upper floors. Buyers should assess their personal utility preferences—some prioritise natural light and views, others prioritise acoustics and security—and cross-reference unit pricing schedules against these attributes. Within 109 Aljunied Crescent specifically, units facing quieter internal courtyards or community green spaces typically command modest premiums over street-facing units, whilst units with unobstructed views toward Geylang's commercial spine may command additional pricing. Prospective buyers should examine floor plans, visiting multiple unit types across different levels to calibrate pricing relative to their personal lifestyle priorities.

What future supply pipeline exists in Geylang and surrounding districts that could impact property values at 109 Aljunied Crescent?

Geylang, as an established inner-ring district, is not subject to the large-scale new HDB supply pipelines characteristic of outer regions such as Punggol, Sengkang, or Woodlands, where multiple completed and announced new towns are introducing thousands of units into the market annually. This relative scarcity of new inventory within Geylang typically supports gradual price appreciation and sustained rental demand, as supply constraints limit the downward-pricing pressure experienced in expanding outer regions. However, the Urban Renewal Authority (URA) has periodically flagged potential rejuvenation initiatives within Geylang and the broader inner-ring precinct, focusing on heritage preservation, public transport enhancement, and mixed-use commercial development; such initiatives, if implemented, could materially enhance long-term asset value without introducing destabilising oversupply. Additionally, Build-to-Order projects launching in nearby Kampong Java or Mountbatten may marginally absorb some demand from Geylang-interested buyers, particularly first-time purchasers prioritising modern finishes; however, the established transport connectivity, cultural character, and pricing accessibility of 109 Aljunied Crescent provide structural differentiation. The neighbourhood's trajectory is broadly one of gentle consolidation and selective gentrification rather than explosive supply-driven cycles, positioning the development defensibly against supply-side headwinds.

Hdb Flat At 109 Aljunied Crescent — From S$2,900