Type

Units

Min Area

Price Range

Other

180 sqft

S$1,400/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,400.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$280 on this acquisition.
Located 5 min (450 m) from PE1 Cove LRT 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.

193 Edgefield Plains: HDB Rental Living Near Cove LRT Station

193 Edgefield Plains represents a collection of HDB rental units positioned in a well-connected residential pocket of Singapore. Located on Edgefield Plains, this development offers compact, efficiently designed accommodation for renters seeking accessible housing within proximity to essential public transport links and local amenities. The development's strategic placement near Cove LRT station provides residents with a straightforward commuting experience across Singapore's broader transport network.

Location and Transport Accessibility

The development sits approximately 450 metres from Cove LRT Station on the Punggol East Line, translating to a convenient 5-minute walk for residents. This immediate proximity to rail infrastructure is a defining feature of the location, as it positions tenants within an easy travel corridor to major business districts, employment hubs, and educational institutions across the island. The Punggol East Line's integration with Singapore's broader MRT network means that commuting to areas such as the Central Business District, Marina Bay, or eastern commercial zones can be accomplished with minimal transfers.

Beyond rail connectivity, the surrounding neighbourhood provides pedestrian access to neighbourhood shops, food establishments, and community facilities that serve the local residential population. This balance of public transport accessibility and ground-level convenience creates a practical living environment for renters who prioritise both connectivity and everyday accessibility.

Property Specifications and Layout

Units within the development feature a compact floor area of approximately 180 square feet, representing an intimate living space suitable for individual occupants or cohabiting couples. The efficient design maximises usable living space within a contained footprint, allowing developers and landlords to optimise rental yield whilst maintaining functional living conditions. Such floor plans are typical of Singapore's contemporary HDB rental stock, designed to deliver essential amenities—sleeping areas, bathroom facilities, and compact kitchen spaces—within a space-conscious configuration.

The development's modest unit size aligns with Singapore's broader housing efficiency standards, reflecting decades of refinement in compact urban housing design. Prospective tenants should approach viewings with an understanding that every square foot has been intentionally allocated to essential living functions, with limited excess corridor or buffer space.

Rental Market Context and Positioning

The rental market for HDB units near accessible MRT stations remains robust, driven by demand from young professionals, expatriates on assignment, and individuals seeking affordable housing without lengthy lease commitments. 193 Edgefield Plains' proximity to Cove LRT positions it within a rental segment where tenants actively prioritise transport convenience over expansive floor areas. Rental yields in such locations tend to remain stable, underpinned by consistent demand from commuters seeking affordable, transport-accessible housing in a business-friendly region.

Rental rates for compact HDB units in the vicinity typically reflect proximity to MRT infrastructure, local amenities density, and the broader HDB rental market trajectory. Current rental figures for units at this development serve as a market indicator of what comparable sized accommodation commands within this specific micromarket.

Neighbourhood and Lifestyle Considerations

The Edgefield Plains locality represents an established residential precinct with a mature community fabric. Residents benefit from access to neighbourhood hawker centres, small-scale retail establishments, and community facilities that have developed organically over years of residential occupation. This provides a lived-in, integrated community environment rather than a newly minted development zone still establishing its social infrastructure.

The 5-minute walking distance to Cove LRT station means that the neighbourhood itself is compact and pedestrian-oriented, encouraging residents to explore the immediate vicinity on foot. This walkability factor enhances the appeal of rental accommodation for tenants seeking vibrant, accessible neighbourhoods without reliance on private transport for daily errands.

Investor and Occupier Suitability

For prospective tenants, 193 Edgefield Plains offers straightforward value: affordable rental accommodation in a transport-accessible location with established neighbourhood amenities. The development appeals to first-time renters, individuals relocating to Singapore, and those seeking short to medium-term housing solutions without the financial and administrative burden of property ownership. The compact unit sizes mean that rental outgoings remain modest relative to larger HDB or private accommodation alternatives.

For property investors considering HDB rental portfolios, the development's MRT proximity and consistent demand dynamics within the rental market present a reasonably stable investment thesis. HDB rental yields in transport-proximate locations tend to sustain themselves through economic cycles, as rental demand from commuters remains relatively inelastic—people continue to require accessible housing regardless of property market cycles.

Transport-Driven Demand Dynamics

The Punggol East Line's integration into Singapore's transport network has been a catalyst for residential demand in its feeder zone. Properties within walking distance of LRT stations experience sustained lettability and occupancy rates, as tenants prioritise the reduction of daily commuting friction. For 193 Edgefield Plains, this means that the development's rental pool remains underpinned by commuters for whom the 5-minute walk to Cove LRT represents a tangible quality-of-life advantage relative to alternatives requiring longer transport times or multi-modal journeys.

The predictability of transport-driven demand provides both tenants and investors with confidence that the development will maintain its relevance within Singapore's rental housing landscape, even as broader residential preferences evolve.

Practical Considerations for Prospective Occupants

Prospective tenants should assess their lifestyle requirements against the compact floor area and unit configurations available. The 180 square foot units are optimised for efficient living but necessitate disciplined personal space management and furniture selection. Those accustomed to sprawling residential environments may find the compact scale constraining, whilst individuals and couples prioritising affordability and location will likely perceive it as a rational trade-off.

The development's rental positioning means that lease terms, deposit structures, and occupancy conditions will be governed by prevailing HDB rental market standards, which typically offer flexibility around lease duration and tenant eligibility compared to private sector rentals.

Frequently Asked Questions

What rental yield can an investor expect if purchasing an HDB unit at 193 Edgefield Plains as a rental investment?

Rental yields for compact HDB units in transport-proximate locations like 193 Edgefield Plains typically range between 3% and 5% net of maintenance costs, depending on the precise acquisition price relative to current rental market rates. The development's immediate proximity to Cove LRT station underpins consistent demand from commuters, which tends to stabilise occupancy rates and rental realisation across economic cycles. However, HDB rental units are subject to strict HDB regulations around tenant eligibility and lease structuring, which prospective investors must navigate; additionally, rental income from HDB properties may be subject to different tax treatment depending on your residency status and overall income profile. Investors should stress-test their yield assumptions against both historical rental trends in the Punggol East area and realistic vacancy rates before committing capital.

How does the pricing per square foot for units at 193 Edgefield Plains compare to recent HDB rental transactions in the surrounding area?

Without access to a comprehensive historical transaction database of comparable HDB rentals in the immediate Edgefield Plains vicinity, a direct price-per-square-foot comparison requires reference to recent market data from HDB resale portals and rental listing aggregators. Generally, compact HDB units within a 5-minute walk of an MRT station command rental rates approximately 15-25% above equivalent units further from transport infrastructure, reflecting the commuting time premium tenants are willing to pay. The 180 square foot format at 193 Edgefield Plains positions it within the micro-apartment rental segment, which has experienced steady demand from younger professionals and expat assignees; pricing in this segment tends to track broader HDB rental indices rather than experiencing significant volatility. To establish whether current rents at this development are competitive, prospective investors should obtain recent letting data from at least three comparable developments within a 400-metre radius of Cove LRT station.

What Additional Buyer's Stamp Duty (ABSD) implications apply if a Singapore Citizen purchases a unit at 193 Edgefield Plains as a second residential property?

A Singapore Citizen purchasing a residential property at 193 Edgefield Plains as a second property is liable for Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price, calculated on the contractual value of the property or its market value, whichever is higher. This 20% ABSD is in addition to standard Buyer's Stamp Duty, meaning the total stamp duty expense for a second-property purchase will be significantly higher than for a first-time buyer transaction. For example, a unit acquired at S$350,000 would incur approximately S$70,000 in ABSD alone, substantially increasing the effective acquisition cost and reducing net rental yield if the property is intended as an investment. Prospective second-property buyers should factor this 20% ABSD charge into their capital requirements and yield calculations, as it materially impacts the return-on-investment profile; some investors structure purchases through corporate entities to mitigate ABSD exposure, though this approach carries its own tax and legal complexities that require professional advice.

Is there lease decay risk at 193 Edgefield Plains, and how might this affect long-term resale value?

HDB properties, including units at 193 Edgefield Plains, are typically offered on 99-year leasehold tenure, meaning that lease decay becomes an increasingly material consideration as the lease approaches its later decades. Whilst 99-year leases are standard for HDB stock, properties with remaining leases below 60 years typically experience rapid depreciation as financing becomes constrained and buyer pools narrow. Since the development's age is not explicitly stated in the available data, prospective investors and owner-occupiers should verify the exact lease commencement date and calculate the remaining lease term to assess future resale liquidity. The Monetary Authority of Singapore and HDB have historically been supportive of lease renewal programmes, though these are discretionary and cannot be assumed; investors should not rely on lease renewal as a certainty when evaluating long-term capital preservation. For buy-to-let investors, the lease tenure becomes increasingly critical if the intended holding period extends beyond 20-30 years, as the resale market for sub-60-year HDB leases becomes progressively illiquid.

How does the proximity to Cove LRT station drive demand and capital appreciation for units at 193 Edgefield Plains?

Proximity to MRT infrastructure is one of the most powerful demand drivers for HDB rental accommodation in Singapore, as tenants demonstrably prioritise commuting time reduction over unit size or amenity density. The 5-minute walk to Cove LRT station positions 193 Edgefield Plains within the primary feeder zone for the station, meaning that the development captures demand from commuters for whom this walking distance represents a tangible quality-of-life improvement relative to properties requiring 15-20 minute journeys to public transport. Historically, HDB developments within a 500-metre radius of MRT stations have experienced more resilient rental demand and better capital preservation compared to developments further from transport nodes, particularly during economic downturns when commuters prioritise accessibility over property size. The Punggol East Line's integration into Singapore's broader transport network has also been a catalyst for gradual intensification of the surrounding precinct, which may support long-term capital appreciation through increased commercial activity and local amenity development. However, capital appreciation in HDB stock is generally more muted than in freehold or 999-year leasehold private residential stock, as HDB price movements are constrained by policy mechanisms designed to maintain affordability; investors should not anticipate aggressive capital gains but rather steady preservation of real asset value underpinned by transport-driven demand.

Which buyer profiles—first-timers, upgraders, HNW investors, or others—are best suited to 193 Edgefield Plains?

193 Edgefield Plains is most naturally suited to first-time renters and individuals seeking affordable, transport-accessible temporary housing rather than owner-occupiers or high-net-worth investors pursuing appreciation-driven strategies. The compact 180 square foot units are optimal for single occupants or cohabiting couples without dependents, making the development particularly attractive to young professionals, expatriates on short-term assignment, and individuals in transitional life phases who prioritise location and affordability over space. From an investor perspective, the development appeals to yield-focused property portfolios where rental cash flow is prioritised over capital appreciation, particularly for investors comfortable with HDB rental regulations and tenant eligibility constraints. High-net-worth individuals pursuing diversified property portfolios might use units at this development as core rental holdings in a broader geographic spread, benefiting from the predictable rental demand and low capital outlay relative to private residential alternatives. First-time buyer owner-occupiers who are price-constrained and commute-sensitive may also find value in acquiring a unit for personal occupation, particularly if they anticipate upgrading to larger accommodation within 5-10 years; however, the ABSD implications of eventual resale should be carefully considered.

What Total Debt Servicing Ratio (TDSR) headroom and mortgage financing availability exist for typical purchase prices at this development?

HDB units at 193 Edgefield Plains, trading in the S$300,000-S$400,000 range (estimated based on rental rates and comparable HDB stock), fall well within the financing parameters of most Singapore Citizen mortgage borrowers, as they represent modest absolute loan amounts relative to typical household incomes. The Monetary Authority of Singapore's TDSR limit of 60% for HDB purchases means that a household with combined monthly income of S$5,000-S$7,000 can typically service a 25-year mortgage for a unit in this price range whilst remaining comfortably within TDSR constraints. Bank financing for HDB properties is widely available from all major Singapore banking institutions at competitive interest rates, typically ranging from 2.5% to 3.5% above the SIBOR or SORA benchmark; prospective buyers should stress-test their financing assumptions against current central bank policy settings and interest rate forecasts. However, investors purchasing as second-property owners may encounter more stringent bank lending criteria and higher interest rate pricing compared to primary residence mortgages, reflecting heightened bank risk appetite management; prospective second-property investor-borrowers should engage lending banks early in their purchase process to confirm financing availability and optimal rate pricing.

How does 193 Edgefield Plains compare competitively to nearby HDB developments in terms of location, pricing, and rental demand?

Without specific identified competing developments in the immediate vicinity, a direct competitive comparison requires reference to recent HDB resale and rental data from the broader Punggol East or adjacent residential precincts. Generally, HDB developments within a 400-500 metre radius of the same MRT station experience relatively homogeneous rental demand and pricing, as tenants perceive the walking distance differentials as immaterial; developments further than 500 metres from public transport typically command rental discounts of 10-15% relative to station-proximate stock. 193 Edgefield Plains' position at a 5-minute walk to Cove LRT places it competitively within the optimal feeder zone, meaning its rental rates and occupancy performance should track closely with other developments at similar distances to the same station. If competing developments are located at materially longer distances to public transport (e.g., 15-20 minutes walk), the relative advantage of 193 Edgefield Plains' accessibility becomes more pronounced and may justify premium rental positioning. Prospective investors should obtain recent rental data from at least three comparable HDB developments in the Punggol East area to calibrate their expectations around yield, occupancy, and pricing competitiveness.

Are there particular unit stack levels or floor positions within 193 Edgefield Plains that offer superior value or rental appeal?

In HDB developments of this scale and typology, unit rental pricing typically remains relatively uniform across floor levels, with minimal premiums applied for higher floors compared to lower levels—contrary to private residential market dynamics where floor level is a material pricing variable. However, lower floor units (1st-3rd storeys) often attract slightly higher rental demand from tenants seeking to avoid lift dependency and who value ground-level accessibility, particularly for elderly tenants, individuals with mobility considerations, or those with frequent visitor traffic. Mid-floor units (4th-8th storeys) often represent the value sweet spot, as they command the lowest tenant competition for lower floors whilst avoiding the premium pricing sometimes applied to premium high-floor positions; however, in HDB developments, this premium is typically negligible. Upper floor units may marginally benefit from enhanced natural light and reduced external noise exposure, though this advantage is often offset by higher energy costs for lift use and potential isolation for tenants prioritising street-level community interaction. The optimal purchasing strategy for investors is to acquire units across multiple floor levels to diversify tenant pools and reduce concentration risk; owner-occupiers should prioritise their personal preferences around accessibility, natural light, and noise exposure rather than attempting to optimise resale value, as floor-level pricing variation in HDB stock is insufficient to justify trade-offs against genuine occupancy preferences.

What is the future supply pipeline for HDB residential stock in the Punggol East district, and how might this affect long-term demand dynamics at 193 Edgefield Plains?

The Housing and Development Board's forward planning for the Punggol East sector is publicly articulated through HDB's indicative Build-to-Order (BTO) programme pipeline and estate rejuvenation initiatives, though specific supply figures for the immediate Edgefield Plains vicinity may not be publicly disclosed. Generally, Punggol has been identified as a growth precinct with ongoing intensification of residential stock, particularly in areas with strong public transport integration; this means that new HDB supply is likely to be released in the medium term, potentially moderating rental yield uplift and moderating capital appreciation for existing developments. However, new HDB stock typically targets first-time buyers and upgraders, meaning that rental demand for compact units at mature developments like 193 Edgefield Plains may continue to be supported by tenants seeking affordability and avoid the longer purchase-to-occupation timelines of new BTO developments. The interplay between new supply release, completion timelines, and tenant demand dynamics will shape the long-term rental performance of 193 Edgefield Plains; investors should monitor HDB's forward development plans for the broader Punggol East precinct and assess whether new supply availability might fragment the existing tenant pool or depress rental rates. Prospective buyer-investors are advised to obtain the most recent HDB estate development plans and consult local property market analysts for forward supply and demand scenarios across the 3-5 year horizon.

Hdb Flat At 193 Edgefield Plains — From S$1,400