Type

Units

Min Area

Price Range

Other

100 sqft

S$1,000/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,000.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$200 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.

112B Depot Road: An HDB Flat in Singapore's Urban Landscape

112B Depot Road represents a residential opportunity within Singapore's established public housing stock. This HDB flat is positioned in a neighbourhood characterised by mature infrastructure and stable community amenities, making it an attractive proposition for various buyer profiles—from first-time owners seeking an entry point into property ownership to seasoned investors building their residential portfolios.

The property sits within a well-developed precinct where transport connectivity, retail facilities, and community spaces have matured over decades. Residents benefit from a neighbourhood where essential services are within immediate reach and where the fabric of community life is well-established. The catchment area has historically attracted steady demand from both owner-occupiers and tenants, reflecting the enduring appeal of living in central Singapore.

Market Position and Pricing Strategy

HDB flats at 112B Depot Road are positioned competitively within the local market context. The pricing reflects current transactional activity in the district, where per-square-foot rates have stabilised around regional benchmarks for comparable units. For buyers evaluating this development against nearby HDB resale options, the pricing aligns with recent market movements and demonstrates realistic valuation relative to the unit's configuration and location credentials.

The compact size of units at this address makes them particularly appealing to investors focused on efficient asset deployment. Smaller HDB flats have historically maintained strong occupancy rates in the rental market, driven by consistent demand from young professionals and working families seeking affordable, well-located accommodation. The rental yield potential is substantive for investors willing to hold medium to long-term, though actual returns will depend on individual financing structures and holding timelines.

Financial Considerations for Buyers

Prospective buyers should factor in Additional Buyer's Stamp Duty (ABSD) if this represents a second or subsequent residential property purchase. Singapore Citizens acquiring a second residential property currently face an ABSD liability of 20% on the purchase price, significantly increasing the total acquisition cost. For a buyer financing through a bank, typical loan-to-value ratios for HDB flats sit at 80–90%, leaving 10–20% equity requirement plus stamp duties and legal fees as the out-of-pocket cash component.

Total Debt Servicing Ratio (TDSR) headroom is typically generous for HDB flat purchases at this price point, particularly for couples with combined household income or established professionals. Mortgage stress tests assume interest rates around 4.5%, and monthly servicing on a standard 25-year HDB loan would consume a manageable proportion of gross household income. First-time buyers benefiting from ABSD exemptions will see substantially lower acquisition costs, making entry more accessible than second-time purchasers.

Location and Connectivity

The neighbourhood surrounding 112B Depot Road has developed as a stable residential and commercial hub. Proximity to shopping centres, food courts, and essential amenities means residents enjoy convenient access to daily necessities without requiring lengthy commutes. The catchment area has proven resilient through market cycles, maintaining consistent tenant demand and property values relative to broader district trends.

Whilst exact MRT station proximity will determine real-time commute patterns, the location benefits from the mature transport infrastructure characteristic of central Singapore. Properties in well-connected neighbourhoods typically command stronger capital appreciation trajectories and more predictable rental demand, as they appeal to the broadest cross-section of tenant and buyer profiles.

Investment Potential and Resale Dynamics

For investors, HDB flats at this address offer stable long-term appreciation prospects underpinned by Singapore's controlled public housing ecosystem. The HDB resale market has demonstrated resilience, with lease decay—the gradual reduction in property value as leasehold tenure shortens—becoming a material factor only in the final two decades of a 99-year lease. Properties at 112B Depot Road, if recently transacted or in mid-lease term, retain substantial residual lease length, minimising immediate depreciation pressure from lease decay.

Resale velocity in mature HDB neighbourhoods tends to be predictable, with a clear buyer base at every price point. This liquidity advantage means investors can reasonably expect to exit holdings within three to six months of listing, particularly if units are priced competitively and meet current market expectations for comparable inventory.

Buyer Profiles and Suitability

112B Depot Road suits multiple buyer categories effectively. First-time buyers benefit from ABSD exemptions and typically encounter lending terms that are generous relative to private residential transactions. Upgraders moving from smaller HDB units or transitioning from rented accommodation find the location and pricing rational stepping stones within their ownership journey. Investors seeking stable rental income and moderate leverage points find the unit size and price accessible for portfolio construction. High-net-worth individuals occasionally view central HDB flats as portfolio diversification instruments, particularly where holdings are intended as long-term yield plays rather than occupancy solutions.

Market Comparison and Competitive Context

Nearby HDB resale stock in the same precinct provides natural comparables for evaluating 112B Depot Road. Recent transactional data for similar units—comparable bedroom count, floor level, and facing—establishes baseline per-square-foot pricing. Units at 112B Depot Road should be assessed within this local framework rather than against distant precincts, as localised supply-demand dynamics exert considerable influence on pricing and appreciation trajectories.

The competitive advantage of this specific address lies in neighbourhood maturity, transport accessibility, and the established tenant base seeking HDB flats in central zones. Properties at 112B Depot Road therefore benefit from consistent demand relative to peripheral HDB precincts, where tenant pools may be more fragmented or commute burden more pronounced.

Future Outlook for the District

The broader district containing 112B Depot Road has reached developmental maturity, meaning rapid supply growth is unlikely. Future supply of new HDB flats in the vicinity remains constrained by land scarcity and planned housing policy, suggesting that existing stock—including 112B Depot Road—will retain relevance and value as demographic demand persists. This supply-constrained backdrop typically supports steady capital appreciation in excess of inflation, providing investors with long-term real wealth accumulation.

Prospective buyers and investors should evaluate 112B Depot Road within the context of their individual financial capacity, investment timeline, and portfolio objectives. The property represents a rational, centrally located HDB opportunity aligned with established market demand and realistic yield expectations.

Frequently Asked Questions

What rental yield can I expect if I purchase 112B Depot Road as an investment?

HDB flats at 112B Depot Road typically deliver gross rental yields in the range of 3–4% annually, depending on the specific unit configuration, floor level, and current market rates for comparable HDB rentals in the catchment area. Net yields after accounting for property tax, maintenance contributions, and depreciation allowances are typically 2–3%, making them attractive for investors seeking stable, long-term income streams rather than aggressive short-term capital gains. Actual rental performance will depend on tenant quality, lease terms negotiated, and market conditions at the time of lease commencement; however, the central location and established neighbourhood typically sustain consistent tenant demand, reducing vacancy risk relative to peripheral HDB precincts.

How does the per-square-foot pricing at 112B Depot Road compare to recent HDB sales in the same district?

Recent transactional data for comparable HDB units in the same precinct establishes a baseline per-square-foot rate reflecting current market equilibrium. Properties at 112B Depot Road should track closely to this local benchmark, with variations driven primarily by floor level, unit facing, and remaining lease length rather than address-specific premiums. Investors should cross-reference recent sales of similar units—same bedroom count and floor tier—in adjacent blocks to validate pricing reasonableness; central HDB neighbourhoods typically see transactional per-square-foot rates that have stabilised relative to broader district trends, indicating mature market pricing rather than speculative valuations.

What is the Additional Buyer's Stamp Duty impact if I'm buying 112B Depot Road as a second property?

If you are a Singapore Citizen purchasing 112B Depot Road as a second or subsequent residential property, you will incur ABSD at the rate of 20% on the purchase price. This duty is calculated on the full consideration and is payable upon completion, materially increasing your total acquisition cost beyond the property price itself. For example, on a S$500,000 purchase price, ABSD would amount to S$100,000, requiring careful cash-flow planning and financing structuring. First-time buyers, however, remain exempt from ABSD entirely, making initial property purchases substantially more cost-efficient than second-property acquisitions; this exemption is why many investors structure their first purchase strategically before building portfolio depth.

What is the lease decay risk for 112B Depot Road, and how will it affect resale value?

112B Depot Road is an HDB flat, which means it is held on a 99-year leasehold tenure. Lease decay—the gradual erosion of property value as remaining lease length shortens—becomes materially relevant only in the final two decades of the lease term, typically when remaining tenure drops below 30 years. For recently transacted or mid-lease properties at this address, lease decay pressure is minimal and should not be a primary valuation concern in the near to medium term. However, buyers should verify the exact remaining lease length at the point of purchase, as this figure directly influences long-term resale marketability; properties with strong remaining tenure (50+ years) face minimal depreciation attributable to lease length and maintain robust buyer pools at resale.

How does proximity to the nearest MRT station affect demand and capital appreciation at 112B Depot Road?

Central Singapore HDB flats benefit substantially from mature transport infrastructure, and properties within reasonable walking distance of MRT stations typically command stronger capital appreciation and more consistent tenant demand than those requiring longer commutes. Accessibility to public transport directly influences rental yield potential, as tenants prioritise proximity to MRT for daily commuting efficiency; this demand consistency historically translates into steadier appreciation trajectories relative to peripheral precincts. Properties at 112B Depot Road, located in an established neighbourhood with developed transport connectivity, therefore retain competitive appeal across economic cycles and benefit from the broad tenant base attracted to central locations—a structural advantage that underpins long-term value retention and capital growth.

Who are the ideal buyer profiles for 112B Depot Road—first-timers, upgraders, or investors?

112B Depot Road suits multiple buyer categories effectively. First-time buyers benefit from ABSD exemption and encounter favourable financing terms, making entry into property ownership accessible; the compact, centrally located unit appeals to young professionals and young families. Upgraders moving from rental or from smaller units find the pricing and location rational stepping stones within their ownership journey, offering urban convenience without the premium pricing of private residential properties. Investors view HDB flats at this address as reliable portfolio assets delivering consistent rental demand and moderate leverage, particularly attractive when building diversified holdings across income-generating properties. High-net-worth individuals occasionally acquire central HDB units as long-term wealth preservation instruments, recognising the supply-constrained nature of central Singapore HDB stock.

What is my financing headroom and TDSR position when purchasing 112B Depot Road at typical price points?

HDB flat purchases typically offer generous TDSR headroom, with bank lending ratios at 80–90% loan-to-value commonly available for owner-occupiers and investors alike. Total Debt Servicing Ratio calculations for 112B Depot Road purchases assume interest rates around 4.5%, and monthly servicing on a standard 25-year HDB loan typically consumes 20–30% of gross household income for mid-range price points, leaving substantial breathing room relative to the maximum TDSR threshold of approximately 60%. First-time buyers with combined household income above S$100,000 annually will generally encounter minimal financing friction, with banks approving loan amounts that facilitate comfortable entry; second-time purchasers should model ABSD implications into total cash requirement, as this 20% duty impacts available equity and may necessitate larger down payments or restructured leverage profiles.

How does 112B Depot Road compare to nearby competing HDB developments or blocks in the same precinct?

The HDB resale market operates on hyper-localised comparables, with pricing heavily influenced by specific block location, floor level, facing, and recent transaction history for adjacent units. 112B Depot Road should be evaluated against immediate neighbourhood stock—comparable HDB blocks within the same estate or adjacent streets—rather than distant precincts, as transport accessibility, local amenity distribution, and tenant pools vary materially over short distances. Recent sales of similar-configuration units in nearby blocks establish realistic pricing benchmarks; if 112B Depot Road is priced at parity or slight discount to these local comparables, it likely represents fair value, whereas premium pricing requires justification through superior floor level, unit orientation, or remaining lease length. Investors conducting due diligence should analyse 5–10 comparable recent transactions to triangulate fair pricing relative to competitive alternatives.

Which unit stack or floor level offers the best value at 112B Depot Road?

In HDB resale markets, middle-floor units (typically floors 4–12 out of 15–20 storeys) tend to offer optimal value balance, commanding modest pricing premiums relative to lower floors whilst avoiding the highest price points often associated with top-floor units. Higher floors attract premium pricing due to reduced noise and visual obstruction, but the per-square-foot marginal premium may exceed utility gains for investors prioritising yield over occupancy comfort. Lower-floor units occasionally trade at discounts due to perceived noise or limited views, yet these same units often deliver superior rental demand from tenants prioritising accessibility and reduced lift waiting times. At 112B Depot Road, value-conscious investors should compare recent sales across multiple floor tiers to identify floor segments where pricing discount does not correlate with reduced rental performance; mid-range floors frequently offer the optimal yield-to-price ratio for this reason.

What is the future supply pipeline for HDB flats in this district, and how will it affect 112B Depot Road's long-term value?

Central Singapore districts containing mature HDB precincts like 112B Depot Road face severe land scarcity, meaning large-scale new HDB supply additions are unlikely within the next decade. Singapore's housing policy emphasises HDB estate rejuvenation and selective infill development rather than expansive new precinct creation in already-saturated central zones; this constrained supply outlook structurally supports existing stock valuation. Properties at 112B Depot Road therefore benefit from inelastic supply conditions, where demographic demand for central location persists whilst new competing inventory remains limited—a dynamic typically underpins steady capital appreciation exceeding general inflation. Investors should view this supply constraint as a long-term valuation tailwind, supporting both rental demand consistency and resale value retention relative to peripheral precincts, where future supply additions may intensify competition and dampen appreciation trajectories.

[For Rent] Hdb Flat At Depot Road — From S$1,000