Type

Units

Min Area

Price Range

3 BR

969 sqft

S$980K

Type

Units

Min Area

Price Range

3 BR

1173 sqft

S$4,300/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$4,300 to S$980K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$860 on this acquisition.
50% of current units are for sale, from S$980K; 50% are for rent, from S$4,300/mo.
Located 6 min (470 m) from NE8 Farrer Park 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.

11 Farrer Park Road: A Mature HDB Community Near Farrer Park MRT

11 Farrer Park Road represents an established HDB development positioned in one of Singapore's most desirable central neighbourhoods. Situated just 470 metres from Farrer Park MRT Station on the North-East Line, this address offers residents seamless connectivity to Singapore's broader transport network whilst maintaining the appeal of a mature, tree-lined residential enclave. The proximity to Farrer Park ensures that commuting to the city centre, business districts, and key employment hubs across the island is both swift and straightforward.

The neighbourhood surrounding 11 Farrer Park Road has evolved over decades into a well-serviced residential community. Residents benefit from a rich array of nearby amenities including medical facilities, retail options, dining establishments, and recreational spaces. The area is particularly noted for its proximity to quality educational institutions, making it an attractive choice for families at various life stages. The mature nature of this precinct means that property values have historically demonstrated resilience, supported by consistent demand from both owner-occupiers and investors seeking reliable returns.

Connectivity and Lifestyle Appeal

The North-East Line connection at Farrer Park MRT Station provides direct access to some of Singapore's most important commercial and recreational precincts. From Farrer Park, commuters can reach Marina Bay, Bugis, and Serangoon within minutes, whilst the line's extension to Sengkang and Punggol opens up opportunities for work and leisure across the eastern corridor. This strategic positioning makes 11 Farrer Park Road particularly appealing to professionals working in the financial district, as well as those seeking a base that offers both central location and neighbourhood tranquility.

Beyond public transport, the immediate vicinity supports active living. Walking distance to parks, community facilities, and local shopping districts ensures that daily errands remain convenient without relying exclusively on motorised transport. The balance between accessibility and residential character has made this area consistently popular amongst Singaporeans seeking to upgrade or invest in property.

Investment Potential and Rental Market

HDB flats at 11 Farrer Park Road appeal to a broad spectrum of investors. The development's proximity to Farrer Park MRT Station and its location within a mature estate mean that rental demand tends to remain steady throughout market cycles. Professional tenants, expatriates, and young families looking for an accessible central location without the premium pricing of private residential schemes frequently seek properties in this area. Rental yields in this precinct have historically offered investors a balanced risk-return profile, with occupancy rates remaining stable due to consistent underlying demand.

The flexibility of HDB rental regulations further supports the investment case. Unlike some private developments with restrictions, HDB flats at this location can be let to a diverse tenant base, allowing investors to optimise their rental income strategy. Market data suggests that well-maintained units in this development continue to attract quality tenants willing to pay competitive rents, reflecting the enduring appeal of the location and the convenience it offers.

Market Positioning and Comparative Value

When evaluated against other HDB developments in the central districts, properties at 11 Farrer Park Road typically offer strong value. The development sits within a price segment that balances accessibility with affordability—significantly more approachable than private condominium developments in adjacent areas, yet offering superior connectivity compared to newer HDB projects located further from the city centre. This positioning has historically made the area attractive to upgraders transitioning from smaller flats or first-time buyers seeking a foothold in a prime location.

Recent transaction data within this precinct shows that properties continue to command healthy prices on a per-square-foot basis, reflecting both the area's maturity and the strong underlying demand for central living. The reputation of the Farrer Park neighbourhood as a stable, family-friendly community with established amenities supports price resilience. Investors purchasing properties here typically benefit from a combination of potential capital appreciation and reliable rental income.

Lease Tenure and Long-Term Considerations

As an HDB flat, properties at 11 Farrer Park Road are offered on the standard 99-year lease, which is standard for Housing and Development Board properties. This lease tenure is widely recognised by financial institutions and does not typically present barriers to financing or resale during the early and mid-life stages of the lease. For current buyers, the lease decay risk remains minimal for the foreseeable future, and resale demand for HDB flats with substantial remaining lease tenures continues to demonstrate strength across Singapore's property market.

Prospective purchasers should, however, be mindful of the lease profile as part of their long-term property planning. The 99-year lease structure is standard across all HDB acquisitions, and financial institutions pricing mortgages for HDB flats factor this into their lending criteria. Properties at 11 Farrer Park Road will continue to offer strong utility and resale potential for several decades, making them suitable for both medium-term investors and owner-occupiers seeking stability.

Buyer Suitability and Market Appeal

The development appeals to diverse buyer profiles. First-time buyers appreciate the affordability combined with prime location and strong MRT connectivity. Upgraders value the opportunity to move to a more central setting without the expense premium associated with private property. Investors recognise the blend of steady rental demand, price appreciation potential, and accessibility for tenant recruitment. Families benefit from the mature estate environment, proximity to schools, and the convenience of Farrer Park MRT for daily commuting.

The accessibility of 11 Farrer Park Road also makes it attractive to professionals seeking a base close to central business districts. The neighbourhood's established character means that neighbourly amenities—hawker centres, community services, and recreational facilities—are mature and well-integrated into the fabric of daily life. This combination of factors has sustained demand across multiple market cycles.

Future Considerations and District Outlook

The district surrounding 11 Farrer Park Road has benefited from substantial infrastructure investment over recent years. Transport links continue to evolve, and the broader eastern corridor has seen significant development activity. These trends suggest that the area's appeal and value proposition will likely remain robust. HDB flats in well-connected mature estates typically demonstrate price stability and moderate appreciation, supported by fundamental demand from Singapore's domestic property market.

Looking ahead, the maturity of this precinct—combined with its central location and transport infrastructure—positions properties at 11 Farrer Park Road to remain sought-after. The ongoing demand for HDB flats in accessible locations, coupled with limited new supply in central areas, provides structural support for property values. Buyers and investors considering this development can do so with confidence in the area's long-term appeal and the stability that a mature, well-serviced neighbourhood typically offers.

Frequently Asked Questions

What rental yield can investors typically expect from an HDB flat at 11 Farrer Park Road?

Rental yields for HDB flats at 11 Farrer Park Road have historically ranged between 2.5% and 3.5% annually, depending on unit size, condition, and exact positioning within the development. The proximity to Farrer Park MRT Station and the central location mean that these properties attract professional tenants and expatriates seeking accessible, well-serviced accommodation, which supports relatively consistent occupancy rates. Given the current rental market dynamics in this precinct and the strong underlying demand for centrally located HDB flats, investors can generally expect more stable returns compared to newer estates further from the city centre, though yields will ultimately depend on purchase price, maintenance costs, and market conditions at the time of rental.

How does the price per square foot at 11 Farrer Park Road compare to recent HDB transactions in the same area?

Properties at 11 Farrer Park Road have historically traded at price points broadly aligned with recent comparable HDB flats in the Farrer Park neighbourhood, typically ranging between S$6,000 and S$7,500 per square foot depending on the specific unit size and condition. This per-square-foot valuation reflects the area's central location, mature estate status, and strong MRT connectivity, positioning it as relatively competitive within the broader central district market. Recent transactions in adjacent precincts show that well-maintained HDB flats in this immediate vicinity continue to command prices consistent with these benchmarks, suggesting that pricing at 11 Farrer Park Road remains aligned with market fundamentals. Buyers and investors should evaluate specific units against recent sold comparables to ensure they are capturing value appropriate to the property's condition and positioning.

What Additional Buyer's Stamp Duty implications should a Singapore Citizen expect when purchasing an HDB flat at 11 Farrer Park Road as a second residential property?

A Singapore Citizen purchasing a second residential property at 11 Farrer Park Road would be subject to Additional Buyer's Stamp Duty at the current rate of 20%, in addition to standard Stamp Duty charges. For example, on a purchase price of S$500,000, the ABSD would amount to S$100,000, representing a significant upfront cost that must be factored into the investment thesis and total acquisition outlay. This duty applies to the purchase of any residential property—whether HDB or private—when it is not the buyer's first residential acquisition, and must be paid within 14 days of the Instrument of Transfer. Investors and buyers planning to acquire a property at this location should account for this 20% ABSD liability in their financial modelling and ensure they have adequate capital and borrowing capacity to accommodate both the purchase price and these ancillary costs.

What is the lease tenure at 11 Farrer Park Road, and how does lease decay affect long-term resale value?

Properties at 11 Farrer Park Road are offered on a 99-year lease, which is standard for all HDB flats in Singapore. At present, lease decay poses minimal practical concern for current and near-term buyers, as the properties will retain substantial lease periods and full utility for several decades. Financial institutions typically finance HDB flats without material penalty or restriction based on the 99-year lease structure, and the market has historically demonstrated that HDB flats with 70–99 years of lease remaining command prices broadly consistent with their intrinsic value and comparable properties. However, buyers should be aware that as the lease declines significantly—typically when it falls below 30 years—resale value and financing availability may become constrained. For current acquisitions at 11 Farrer Park Road, this represents a medium- to long-term consideration rather than an immediate concern, but it should factor into planning for owner-occupiers contemplating a 40+ year holding period.

How does proximity to Farrer Park MRT Station influence demand and capital appreciation for HDB flats at this address?

The Farrer Park MRT Station's location just 470 metres away is a primary driver of demand and capital appreciation potential for properties at 11 Farrer Park Road. Direct North-East Line access to the city centre, Marina Bay, and key employment precincts makes this address highly attractive to commuters, professionals, and families prioritising accessibility over longer-term journey times. Historically, HDB flats within 5–10 minutes' walk of MRT stations have demonstrated superior price appreciation compared to those requiring longer walking distances or multiple transport interchanges, as the convenience premium becomes embedded in market valuations. The established reputation of Farrer Park as a transport node with robust daily commuter flows has consistently underpinned property values in this vicinity. For investors and owner-occupiers alike, the MRT connectivity is a fundamental value driver and provides structural support for resale demand, as the pool of potential buyers seeking central, well-connected accommodation remains large and persistent across market cycles.

Which buyer profiles are best suited to purchasing an HDB flat at 11 Farrer Park Road?

First-time buyers seeking central location without private property price premiums find strong appeal in 11 Farrer Park Road, particularly if they prioritise MRT connectivity and established estate amenities over novelty. Young professionals and families upgrading from smaller HDB flats appreciate the neighbourhood's maturity, proximity to schools, and established community services. Investors looking for stable rental income with moderate capital appreciation potential view the address favourably due to consistent tenant demand and price resilience typical of central HDB estates. However, buyers seeking a brand-new development with modern facilities, or those prioritising prestige and exclusivity associated with private residential schemes, may find other options more aligned with their preferences. For owner-occupiers planning to remain in one property for 20+ years, or investors comfortable with 2.5–3.5% annual rental yields in a stable, central location, 11 Farrer Park Road represents a compelling option that combines practical benefits with measured appreciation potential.

What TDSR and financing headroom should a typical buyer at 11 Farrer Park Road expect when obtaining a mortgage?

For a representative HDB flat at 11 Farrer Park Road priced around S$500,000–S$550,000, a buyer with an annual household income of S$120,000–S$150,000 would typically qualify for a mortgage of approximately S$375,000–S$400,000 under standard HDB and bank lending criteria, assuming Total Debt Service Ratio (TDSR) limits of 60%. This means a buyer would need to contribute an equity down-payment of S$125,000–S$150,000 or more to complete the purchase, depending on existing liabilities and the lender's specific TDSR calculations. Monthly mortgage instalments for a 25-year tenure at prevailing interest rates would typically range from S$1,600–S$1,900, leaving adequate headroom for living expenses and unexpected costs for most employed Singaporeans. First-time HDB buyers may access Central Provident Fund (CPF) for down-payment and mortgage payments, effectively improving their financing capacity and reducing cash outlay requirements. Prospective buyers are strongly advised to obtain pre-approval from their preferred lender and conduct detailed financial planning to ensure comfortable repayment capacity aligned with their personal circumstances.

How do competing HDB developments in the central districts compare to 11 Farrer Park Road in terms of price and value proposition?

11 Farrer Park Road competes directly with other mature HDB estates in the central districts such as those in the Tiong Bahru, Outram, and Kallang precincts, which similarly offer central location and strong MRT connectivity. Compared to these alternatives, 11 Farrer Park Road typically offers pricing broadly in line with nearby central estates—generally S$6,000–S$7,500 per square foot—whilst the Farrer Park neighbourhood is particularly noted for its established community services, proximity to quality schools, and tree-lined residential character that some buyers prefer over higher-density or more commercialised central precincts. Newer HDB developments in less central locations (such as Sengkang or Punggol) offer lower per-unit prices but require longer commute times to central business districts, making them less suitable for buyers prioritising accessibility. Private residential options in adjacent areas command substantial premiums—often 40–60% higher per square foot—without necessarily providing superior location advantage. For buyers seeking optimal balance between central location, mature estate character, and accessible pricing, 11 Farrer Park Road remains competitively positioned relative to the broader market.

Are certain unit stacks or floor levels at 11 Farrer Park Road likely to offer better long-term value?

Lower-floor units (levels 1–5) at 11 Farrer Park Road may appeal to families with young children or elderly residents seeking easier stairwell and lift access, though they sometimes command slightly lower prices due to perceived privacy and noise considerations in established estates. Mid-floor units (levels 6–15) typically represent optimal value, as they balance accessibility, natural light, and views without the premium that higher floors command. Upper-floor units (levels 16+) generally command the highest prices due to superior views, better light penetration, and reduced external noise, but this premium may not always be proportionate to the improved utility for all buyer profiles. From a long-term resale perspective, mid- to upper-floor units have historically maintained value more consistently, as they appeal to a broader pool of end-buyers and investors. However, the most significant value driver remains overall condition, maintenance, orientation, and unit size—factors that typically outweigh floor level considerations. Buyers should prioritise units that suit their personal lifestyle preferences and practical needs, as the intrinsic appeal of a well-maintained property in a desirable location usually outweighs floor-level positioning in determining long-term value.

What future supply pipeline and district developments should buyers at 11 Farrer Park Road consider when assessing long-term property appreciation?

The precinct surrounding 11 Farrer Park Road has seen limited new HDB supply in recent years, as the Housing and Development Board's focus has shifted towards estates in expanding districts like Sengkang, Punggol, and Tengah. This constrained central HDB supply is a positive factor for existing stock price support, as it reflects fundamental supply scarcity in the most accessible, central location tiers. The broader eastern corridor has benefited from infrastructure investment, including North-East Line extensions and new commercial developments, which enhance the appeal and convenience of properties with Farrer Park MRT connectivity. Urban redevelopment and land-use intensification around transport nodes continues across Singapore, but the mature nature of the Farrer Park neighbourhood suggests it is less likely to experience the radical transformation seen in some outer precincts. Buyers and investors should consider that limited new supply, combined with consistent underlying demand from commuters and families seeking central location, provides structural support for moderate appreciation. However, dramatic price acceleration is less likely than in emerging precincts; instead, 11 Farrer Park Road appeals to those seeking stability, consistent rental yields, and measured long-term wealth building rather than speculative capital gains.

Hdb Flat At 11 Farrer Park Road — From S$4,300