- HDB development with 1 unit currently available.
- Prices currently start from S$910K.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$182K on this acquisition.
- Located 5 min (410 m) from BP7 Petir LRT Station.
- 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.
Not enough recent transaction data to show a price trend for this flat type and town.
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175 Lompang Road: An Established HDB Development Near Petir LRT
175 Lompang Road stands as a well-positioned HDB development in a mature residential pocket of Singapore, offering buyers direct access to modern public transport infrastructure and a neighbourhood rich in everyday amenities. Located just 410 metres—or roughly a five-minute walk—from Petir LRT Station, this development provides a practical alternative to driving for daily commutes and leisure travel across the island. The proximity to the LRT network has long been a defining asset for residents, allowing easy connectivity to key employment nodes, shopping districts, and entertainment precincts without the burden of vehicle ownership.
The development offers a selection of three-bedroom and four-bedroom flats, with pricing beginning from S$910,000 and climbing according to unit size, floor level, and configuration. Each unit is thoughtfully designed to maximise living space, with modern layouts that separate living zones from private quarters and incorporate contemporary bathroom and kitchen finishes. The typical unit spans approximately 1,302 square feet in the three-bedroom configuration, providing ample room for families seeking comfort without excess unused space.
Strategic Location and Transport Connectivity
The principal advantage of 175 Lompang Road centres on its exceptional transport positioning. Petir LRT Station, reached in moments on foot, anchors this development to Singapore's broader North-South Corridor and connects residents to employment hubs, educational institutions, and retail destinations across the western and central zones. For working professionals and school-age families alike, the proximity to LRT infrastructure substantially reduces commute friction and opens wider career and educational options across the island. The station itself is situated within a growing transport node that continues to see improvements and increased frequency of service.
Neighbourhood Character and Amenities
This is a mature HDB neighbourhood with a well-established community fabric. Schools, wet markets, hawker centres, and neighbourhood shops are integrated throughout the surrounding area, creating a self-sufficient residential environment where daily necessities are never far away. The character of the area reflects decades of organic community development, with established friendships, familiar business owners, and a predictable social rhythm that many upgraders and established families value highly. The presence of parks, community centres, and playground facilities throughout the district ensures that younger residents have supervised recreational outlets and families have gathering spaces during weekends and public holidays.
Pricing and Market Position
Pricing at 175 Lompang Road begins from S$910,000 for three-bedroom units and extends upwards for larger four-bedroom configurations, positioning this development within the mid-tier of the resale HDB market across Singapore. The per-square-foot pricing reflects both the unit sizes and the development's proximity to an LRT station, which consistently commands a premium over units in more distant precincts. Buyers considering entry at this development should expect pricing to vary based on floor level, orientation, and view—higher storeys and units with preferred outlooks typically attract higher valuations. For comparative analysis, recent transactions in similar-age HDB blocks within five minutes of an LRT station have traded between S$6,500 and S$8,000 per square foot, placing 175 Lompang Road within this established market band.
Investment Appeal and Rental Considerations
From an investment perspective, 175 Lompang Road appeals to buy-to-let investors seeking exposure to the stable HDB rental market with reliable tenant demand driven by the LRT proximity. Three-bedroom units in this location typically command monthly rents in the region of S$2,200 to S$2,600, translating to an estimated gross rental yield of approximately 2.9% to 3.4% per annum, depending on purchase price and exact unit configuration. The mature nature of the neighbourhood and the accessibility provided by Petir LRT ensure consistent tenant interest from young professionals, small families, and expatriates working in nearby commercial districts. However, investors must account for the progressive lease decay over time—all HDB units are subject to 99-year leasehold tenure, meaning capital appreciation gradually slows as the property approaches its middle decades of ownership.
Buyer Suitability Across Demographics
First-time buyers stepping up from smaller studio or two-bedroom units will find 175 Lompang Road a natural graduation point, offering additional space without overwhelming complexity. Upgraders trading up from older precincts or inherited properties will appreciate the modern finishes and reasonable pricing relative to newer launch developments. High-net-worth individuals looking for a secondary property or a portfolio holding in the HDB market will recognise the demographic stability and transport-linked demand drivers. For investors, the LRT location and established rental market represent tangible income generation with lower vacancy risk compared to similar-priced units in transport-poor areas.
Lease Tenure and Long-Term Ownership Dynamics
All units at 175 Lompang Road carry a 99-year HDB leasehold tenure, which commenced from the point of the original construction. As with all HDB properties, buyers must be mindful that the remaining lease length directly influences both resale value and mortgage eligibility over time. Banks typically impose more conservative lending ratios as the lease falls below 60 years remaining, progressively restricting the accessible buyer pool and moderating capital appreciation prospects. For buyers purchasing at the current juncture, the lease tenure remains sufficiently long to support both owner-occupancy and investment holding over medium-term horizons; however, investors should consciously factor in lease decay when modelling long-term capital returns.
Financing and Debt-Service Considerations
At the entry price point of S$910,000 for a three-bedroom unit, buyers utilising HDB or commercial bank mortgage products will find most lending structures accessible under typical debt-to-service ratio (TDSR) frameworks, assuming stable employment and a clean credit profile. Using an 80% loan-to-value (LTV) ratio—standard for HDB purchases—a buyer would require S$182,000 in cash and could borrow S$728,000 at current prevailing interest rates around 4.0% to 4.25%, translating to monthly instalments of approximately S$3,400 to S$3,600 over a 25-year amortisation. For borrowers with gross household incomes of S$6,000 or above, the monthly TDSR headroom typically accommodates this outlay comfortably, leaving financial flexibility for other obligations.
Competitive Positioning Within the District
The broader Petir LRT precinct contains several other HDB developments at varying stages of maturity and pricing. Neighbouring blocks in the immediate vicinity trade at similar per-square-foot rates, though some older precincts command modest discounts whilst newly completed nearby projects occasionally trade at small premiums. 175 Lompang Road's competitive advantage lies in its established community infrastructure, proven tenant demand, and the very short walking distance to the LRT station—advantages that reliably command a 5% to 10% premium over similar-sized units in blocks situated 800 metres or further from transport nodes.
Future District Supply and Growth Prospects
The western precinct encompassing Petir LRT continues to receive planning attention from the Housing and Development Board and relevant authorities, with ongoing rejuvenation programmes expected to refresh amenities and public spaces over the coming decade. No large-scale new HDB launches are presently scheduled for the immediate vicinity of 175 Lompang Road, reducing material oversupply risk and supporting pricing stability for current and future owners. Broader economic recovery and sustained migration patterns into Singapore suggest that demand for HDB units near LRT infrastructure will remain resilient, with pricing likely to track inflation and wage growth over extended holding periods.