Type

Units

Min Area

Price Range

Studio

110 sqft

S$1,200/mo

Other

110 sqft

S$1,200/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently start from S$1,200.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$240 on this acquisition.
Located 4 min (370 m) from DT23 Bendemeer 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.

10C Bendemeer Light: A Well-Connected HDB Development Near Bendemeer MRT

10C Bendemeer Light stands as a practical housing option in one of Singapore's most accessible residential corridors. Situated along Bendemeer Road in the Kallang planning area, this HDB development benefits from its proximity to Bendemeer MRT Station on the Downtown Line, placing residents within a mere four-minute walk of this major transport hub. The location's strategic position makes it particularly appealing for professionals, investors, and first-time buyers seeking efficient connectivity to workplaces across the island without sacrificing affordability.

The development offers compact living spaces tailored to Singapore's urban demographic. Units available at 10C Bendemeer Light feature efficient floor plans that maximise usable space whilst maintaining practical functionality. The modest square footage of individual units reflects the contemporary approach to high-density urban housing, where thoughtful design and clever layouts compensate for intimate dimensions. This format appeals strongly to working professionals who prioritise location and commute efficiency over expansive living quarters.

Location Advantages and Transport Connectivity

Bendemeer's strategic positioning within the Downtown Line corridor cannot be overstated as a significant asset. The four-minute walk to Bendemeer MRT Station translates into genuine convenience for daily commuters, particularly those travelling to the central business district or other key employment nodes. The Downtown Line itself serves as a critical transport artery, connecting directly to Raffles Place, Marina Bay, and Dhoby Ghaut, making this development exceptionally attractive for professionals working in finance, law, and corporate sectors.

Beyond rail connectivity, the Bendemeer precinct enjoys comprehensive bus services and is positioned within walking distance of secondary road networks that feed into major expressways. This multi-modal transport infrastructure ensures that residents maintain flexibility in their commuting choices whilst enjoying the reliability of Singapore's public transport system. For investors evaluating long-term capital appreciation, such transit accessibility historically supports steady demand and resale value retention.

Market Position and Investment Considerations

Units at 10C Bendemeer Light appeal to several distinct buyer categories. First-time homebuyers appreciate the manageable entry price point relative to comparable central-location alternatives, whilst experienced investors recognise the rental yield potential inherent in a development positioned near a major transport interchange. The proximity to Bendemeer MRT Station creates natural demand from tenants seeking affordable, well-connected accommodation without premium pricing.

Investors considering purchase as a rental property should factor rental market dynamics specific to the Kallang district. The area has historically demonstrated steady rental demand driven by its transport accessibility, proximity to commercial zones, and availability of reasonably priced units. Rental yields across comparable HDB developments in this corridor typically reflect the balance between modest purchase prices and consistent tenant demand—a combination that produces attractive returns for yield-focused investors.

Second residential property purchasers should account for Additional Buyer's Stamp Duty at 20% on the purchase price, a significant consideration that substantially increases acquisition costs. This duty applies to Singapore Citizens purchasing a second residential property and materially affects investment return calculations. Prospective buyers are advised to incorporate this tax implication into their financial planning and to seek professional tax advice when structuring multi-property acquisition strategies.

Neighbourhood Character and Amenities

Bendemeer has matured into a well-serviced residential neighbourhood characterised by a mix of established housing types, local businesses, and practical community facilities. The area around 10C Bendemeer Light contains neighbourhood shops, modest dining establishments, and essential services that cater to daily resident needs without requiring travel to distant commercial centres. This everyday convenience makes the development particularly suited to residents prioritising efficient, no-fuss urban living.

The surrounding precinct benefits from Singapore's standard HDB-adjacent infrastructure, including community centres, void decks that serve informal social purposes, and landscaped common areas. These facilities contribute to neighbourhood cohesion and provide practical amenities that enhance daily quality of life. For families and long-term residents, such established support systems represent meaningful value beyond the physical property itself.

Lease Tenure and Resale Dynamics

As an HDB property, units at 10C Bendemeer Light carry lease tenures standard to the Housing and Development Board's portfolio. Understanding lease duration is essential for long-term investors and owner-occupiers, as lease decay—the gradual diminution of property value as lease expiry approaches—represents a material factor in resale projections. Properties within certain lease-duration bands typically command different premium levels, and prospective purchasers should carefully evaluate their intended holding period relative to lease structure when calculating lifetime investment returns.

Resale value trajectories for HDB properties in central locations like Bendemeer historically benefit from sustained transport accessibility and neighbourhood stability. However, lease decay accelerates value reduction during the property's later decades, making mid-lease purchase and sale strategies particularly important for investors aiming to optimise capital gains. Buyers should conduct thorough lease analysis before committing to purchase, ideally with professional guidance on lease-related financing implications.

Financing and TDSR Considerations

Prospective purchasers should engage with financing institutions regarding debt service coverage and Total Debt Servicing Ratio (TDSR) implications specific to their personal financial circumstances. TDSR regulations cap the proportion of monthly income that may be committed to debt servicing, and this threshold becomes especially relevant when buyers carry existing financial obligations or are considering multiple property acquisitions. Financial advisors can assist in stress-testing various purchase scenarios against TDSR ceilings and in exploring options such as co-ownership structures or staggered acquisition timing.

Comparative District Dynamics

The Kallang planning area encompasses several HDB developments across varying price points and age profiles. 10C Bendemeer Light's competitive positioning reflects its newer or recently refurbished status combined with direct MRT proximity—a combination that typically commands premium pricing relative to older stock in comparable locations. Prospective buyers benefit from comparing specifications, pricing, and neighbourhood characteristics across competing developments within walking distance of the same MRT stations to ensure optimal value allocation.

Future Development and Area Evolution

Singapore's long-term urban development strategy emphasises transit-oriented housing near major transport nodes, suggesting that well-connected locations like Bendemeer may experience sustained or increased housing demand as the city evolves. The Downtown Line itself represents a relatively recent infrastructure addition, and areas served by this line have historically demonstrated strong demand retention as the line matures and its value proposition becomes more widely recognised. However, future supply additions in the wider Kallang precinct—whether new HDB projects or private residential developments—could influence property value trajectories.

10C Bendemeer Light represents a pragmatic choice for buyers prioritising connectivity, affordability, and established neighbourhood character over expansive living space. Its position within Singapore's mature transport network and central location relative to employment nodes make it a compelling option for working professionals, value-conscious upgraders, and return-focused investors alike.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a unit at 10C Bendemeer Light as an investment property?

Rental yield at 10C Bendemeer Light depends on the specific purchase price of units acquired and prevailing market rental rates for comparable compact HDB flats in the Kallang precinct. The development's proximity to Bendemeer MRT Station (DT23) typically supports consistent tenant demand from young professionals and transient workers seeking affordable, well-connected accommodation. Historical rental yields for HDB properties in comparable downtown-adjacent locations with strong transport access have ranged from 3% to 5% gross annual yield, though individual outcomes vary based on exact unit acquisition cost, lease tenure, and local rental market cycles. Investors should conduct detailed rent surveys for comparable units in the neighbourhood and factor in potential maintenance costs, property tax, and the impact of lease decay on long-term yield sustainability when evaluating investment viability.

How does the current asking price per square foot at 10C Bendemeer Light compare to recent HDB transactions in the Bendemeer and Kallang area?

Pricing at 10C Bendemeer Light reflects the broader market conditions for central HDB properties with strong MRT connectivity. The cost per square foot for compact units in this development typically aligns with recent transaction data for comparable age and condition properties within the Downtown Line corridor, though individual unit pricing varies based on floor level, orientation, and specific lease duration. Prospective buyers should request recent transactional comparables from local market analysts or property agents to benchmark against current asking prices and to identify whether premium or discount pricing applies relative to neighbourhood norms. The development's direct MRT adjacency typically commands a modest premium relative to HDB stock further from transport nodes, a premium that generally ranges between 3% and 8% depending on overall market conditions and specific unit characteristics.

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

Singapore Citizens purchasing a second residential property at 10C Bendemeer Light must account for Additional Buyer's Stamp Duty at 20% of the purchase price, a substantial acquisition cost that materially increases the effective purchase outlay. For example, a property priced at S$400,000 would incur ABSD of S$80,000, raising total acquisition costs to S$480,000 before legal fees and other transaction costs. This 20% duty applies regardless of whether the property is intended for owner-occupation or investment purposes and represents a significant financial consideration that must be incorporated into investment return calculations, financing arrangements, and overall portfolio strategy. Second-property purchasers are strongly advised to seek professional tax and financial planning guidance to understand the full implications of ABSD and to explore potential structures that may optimise tax efficiency within their specific circumstances.

How does lease decay affect the long-term resale value of units at 10C Bendemeer Light, and what timeline should investors consider?

As an HDB property, units at 10C Bendemeer Light are subject to lease tenure structures that typically range from 99 years to 999 years, depending on the original lease grant terms. Lease decay—the diminishing property value as the lease term shortens—becomes a material factor affecting resale price, particularly as the lease approaches its final decades. Properties with remaining lease terms of 60 years or fewer typically experience accelerated value decay, with each year of lease reduction translating into measurable price compression relative to longer-lease comparables. Investors purchasing units at 10C Bendemeer Light should carefully analyse the specific lease tenure, calculate projected lease duration at their anticipated exit date, and model how lease decay will affect capital gains over their intended holding period. Financial institutions also increasingly restrict financing as lease duration diminishes, further constraining resale appeal and buyer pool size for properties with very short remaining leases.

How does proximity to Bendemeer MRT Station (DT23) influence demand, capital appreciation, and long-term value retention at this development?

Bendemeer MRT Station on the Downtown Line represents a critical transport node that directly supports property demand and value stability at 10C Bendemeer Light. The four-minute walking distance to the station places this development squarely within the optimal proximity range for MRT-linked properties, meaning residents enjoy effortless commute access without requiring alternative transport modes. Historically, HDB properties within 5-10 minutes' walk of major MRT stations have demonstrated more resilient capital value performance and more consistent rental demand than comparable properties further from transit, particularly during market downturns when commute efficiency becomes a primary decision driver. The Downtown Line's strategic routing through central Singapore—connecting employment hubs, retail centres, and secondary residential nodes—further strengthens the value proposition. However, future MRT network expansions or property developments in competing zones could modulate this advantage, so investors should monitor broader infrastructure pipeline development when considering long-term appreciation prospects.

Which buyer profiles—first-timers, upgraders, high-net-worth investors, or owner-occupiers—are most suited to properties at 10C Bendemeer Light?

10C Bendemeer Light appeals across multiple buyer categories, though each segment values different development attributes. First-time homebuyers benefit from the manageable entry price, proximity to employment nodes, and established neighbourhood infrastructure, making this development an attractive stepping stone into homeownership without overextending financially. Upgraders transitioning from smaller properties or relocating from distant suburbs appreciate the enhanced transport access and central location, which often justify accepting more compact floor plans in exchange for superior commuting efficiency. Yield-focused investors recognise the rental demand potential inherent in well-connected, affordably priced HDB stock, viewing 10C Bendemeer Light as a practical portfolio addition for steady income generation. Owner-occupiers without investment intent simply value the practical balance between affordability, location, and neighbourhood services. High-net-worth buyers typically seek this development only as part of broader multi-property strategies rather than as primary residences, and they may prioritise it specifically for rental yield or development-stage acquisition before market premiums fully capitalise the MRT advantage.

What are the TDSR (Total Debt Servicing Ratio) and financing implications at typical price points for units at 10C Bendemeer Light?

Financing HDB properties at 10C Bendemeer Light involves standard mortgage underwriting against TDSR thresholds, which typically cap total monthly debt servicing at 60% of gross monthly household income (with most lenders operating at 55% for comfort). At typical current price points for this development, prospective buyers should stress-test their personal financial circumstances against standard mortgage terms spanning 25-35 years, recognising that monthly servicing obligations directly consume TDSR headroom available for other commitments such as car loans, credit cards, or family obligations. First-time buyers with limited existing debt typically enjoy favourable TDSR positioning, whereas buyers carrying substantial existing liabilities or multiple property obligations may face restrictive TDSR ceilings that necessitate larger cash deposits or alternative financing structures. Prospective purchasers should engage with financial institutions early in their decision process to obtain pre-approval letters specifying maximum borrowing capacity under their specific TDSR circumstances, ensuring that identified properties remain financially accessible before committing to further acquisition steps.

How does 10C Bendemeer Light compare to nearby competing HDB developments in terms of price, location, and amenities?

The broader Kallang planning area encompasses several HDB developments across varying ages, lease tenures, and proximity to transport infrastructure. Competitive developments near Bendemeer MRT typically include Geylang-based properties and stock further along the Downtown Line corridor, each offering different value propositions based on age, condition, floor area, and specific MRT walking distance. 10C Bendemeer Light's direct station adjacency and relatively modern or refurbished condition typically position it at a modest premium relative to older stock in the same district, though compensating factors—such as smaller unit sizes or less attractive floor layouts in competing developments—may offset this pricing differential. Prospective buyers should conduct systematic comparison shopping across 3-5 competing developments within the same MRT station radius, examining not only headline prices but also effective cost per square foot, lease duration, specific amenity provision, and neighbourhood character differences. This comparative exercise often reveals that premium pricing for 10C Bendemeer Light is justified by specific advantages, or alternatively, that better value lies in competing stock with slightly less optimal positioning.

Which unit stacks or floor levels at 10C Bendemeer Light typically offer the best value relative to price, and why?

Value positioning across unit stacks at 10C Bendemeer Light depends on buyer priorities and market price gradations across the development. Lower-floor units (typically levels 1-5) often command modest price discounts relative to mid-to-upper levels, reflecting buyer preference for higher elevations and reduced street noise; however, these lower-level discounts may represent genuine value opportunities for price-sensitive buyers who prioritise location and commute access over floor elevation aesthetics. Mid-level units (floors 8-15) typically represent balanced pricing, capturing neither the discount of lower levels nor the premiums attached to top-floor or corner positions. Upper-floor units often command meaningful premiums driven by superior views, quieter ambient conditions, and perceived prestige, making them less efficient value purchases for investors prioritising yield optimisation unless the premium is modest relative to neighbourhood comparables. Corner units and units facing preferred orientations (typically east or north-facing in Singapore to minimise afternoon heat) also attract premiums that may or may not justify the additional cost depending on specific market conditions and buyer preferences. Systematic analysis of actual transactional pricing across the development's available units typically reveals statistically significant floor premiums that allow informed value-hunting.

What future supply pipeline developments might affect property values and demand in the Kallang precinct where 10C Bendemeer Light is located?

The Kallang planning area and broader Geylang district have historically experienced periodic new housing supply additions, both HDB public housing and private residential developments, with potential implications for property values and competitive positioning. Singapore's long-term development strategy emphasises transit-oriented housing near MRT nodes, suggesting that well-connected locations like Bendemeer may remain focal points for future developments; however, any substantial new supply in competing MRT-adjacent locations could moderate demand growth and price appreciation at 10C Bendemeer Light. Additionally, urban renewal or en-bloc redevelopment activity in nearby precincts could introduce alternative housing options that fragment the existing tenant and buyer pools. Prospective buyers should monitor Urban Redevelopment Authority (URA) planning documents, Housing and Development Board project pipelines, and broader Central Region development proposals to anticipate future competitive dynamics. Conversely, infrastructure improvements such as new transport connections, commercial developments, or public amenities could enhance the neighbourhood and support continued value appreciation. Long-term investors should weight these future pipeline considerations when modelling hold periods and exit strategies, recognising that static value assumptions ignore the reality of dynamic urban development pressures.

10C Bendemeer Light — From S$1,200