- HDB development with 1 unit currently available.
- Prices currently start from S$850.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$170 on this acquisition.
- Located 6 min (510 m) from SW8 Renjong 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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201B Compassvale Drive: An HDB Flat Near Renjong LRT Station
201B Compassvale Drive represents a residential opportunity in one of Singapore's established public housing estates, situated within convenient reach of the Sengkang West Line. The property's proximity to Renjong LRT Station—a mere 510 metres or approximately 6 minutes on foot—positions it well for commuters seeking reliable public transport connectivity without the premium pricing of private residential developments.
Compassvale is a mature neighbourhood that has evolved over decades to become a self-contained residential community. The area benefits from the kind of ground-level infrastructure and social fabric that characterise well-established HDB precincts: wet markets, hawker centres, neighbourhood shops, and community facilities are woven into the fabric of daily life here. For buyers and renters alike, this represents a lifestyle choice that balances urban convenience with the character of a residential enclave.
Transport Connectivity and Location Advantage
The Sengkang West Line, which serves Renjong Station, forms part of Singapore's expanding rapid transit network. Properties within walking distance of MRT stations typically command stronger rental demand and demonstrate more resilient capital values during market cycles. The 510-metre distance from 201B Compassvale Drive to the station is well within comfortable walking range, and bus services in the area provide additional feeder options for residents.
This accessibility factor becomes particularly relevant for tenant acquisition if the property is held as an investment. Young working professionals, newly married couples, and families seeking affordable housing with good transport links represent a consistent demand pool in this catchment. The combination of affordable HDB pricing, mature estate amenities, and direct MRT access creates appeal across multiple buyer segments.
HDB Market Fundamentals and Investment Perspective
HDB flats occupy a unique position in Singapore's property ecosystem. Unlike private residential properties, HDB units are held on 99-year leasehold terms, and lease decay becomes a material consideration as properties age. For 201B Compassvale Drive, understanding the current lease remaining is essential to evaluating both capital appreciation potential and future saleability. Properties with significantly eroded leases (below 80 years remaining, for instance) face valuation compression and become progressively harder to finance through banks and to on-sell in later years.
Rental yields for HDB flats in mature estates typically range from 3% to 4.5% gross per annum, depending on unit configuration and prevailing market rents. A compact unit such as this may command rental demand from single professionals or young couples, segments that are less price-sensitive to per-square-metre costs and more focused on affordability and MRT proximity. Investors considering 201B Compassvale Drive should model conservative yield scenarios and account for void periods, maintenance levies, and potential rental fluctuations during economic slowdowns.
Pricing, Stamp Duty, and Financing Considerations
HDB flat transactions in the Compassvale precinct have generally tracked the broader public housing market, which has seen modest appreciation over recent years but remains highly sensitive to interest rate cycles and HDB resale price index movements. Per-square-metre transacted prices in established estates like Compassvale tend to be considerably lower than private residential properties, making HDB an entry-level option for first-time buyers and a yield-focused play for investors.
For second-property purchases by Singapore Citizens, Additional Buyer's Stamp Duty of 20% applies, creating a material cost consideration for investors. A buyer acquiring 201B Compassvale Drive as a second residential property should budget for ABSD at 20%, in addition to the standard Buyer's Stamp Duty and legal fees. This duty is payable on top of the acquisition price and materially affects cash-on-cash returns for investment-focused purchasers.
Financing an HDB flat presents fewer challenges than private properties for most buyers. HDB mortgage facilities are widely available and competitive, and loan-to-value ratios for owner-occupants are typically generous. However, all borrowers remain subject to Total Debt Service Ratio (TDSR) caps set by the Monetary Authority of Singapore. At prevailing market rents and interest rates, most working professionals should find themselves well within TDSR limits when financing units in this price category, though household income, existing debt obligations, and interest rate assumptions all feed into individual financial headroom.
Estate Character and Neighbourhood Profile
Compassvale has matured into a diverse residential neighbourhood where families, young couples, and retirees coexist. The estate is serviced by multiple primary schools and secondary institutions, making it particularly relevant for families. The presence of the Sengkang LRT line has further boosted connectivity, particularly to the central business district and eastern employment nodes.
Socially, Compassvale reflects the multi-generational character of Singapore's HDB stock: newer upgraders purchase here, long-term residents remain, and new-to-market buyers acquire entry-level units. This demographic mix tends to support stable rental demand and helps insulate the estate from sharper valuation swings that can affect new or aspirational developments.
Comparative Market Positioning
Within the broader Sengkang and Punggol geography, Compassvale competes with other mature HDB estates such as Sengkang Green and Punggol field nearby. The key differentiator is often precise MRT proximity and the specific configuration and remaining lease of individual units. Buyers comparing 201B Compassvale Drive with alternatives in the precinct should scrutinise the exact lease remaining and per-square-metre pricing relative to recent transactions, as these factors drive long-term value.
The Sengkang West Line itself has been instrumental in driving property transactions in the area since its opening. MRT stations act as anchors for property value; estates served by newer lines or line extensions typically see stronger demand uplift than those with legacy or distant station access.
Future Demand and Supply Pipeline
The Sengkang and Punggol regions remain growth areas for Singapore's residential development, with ongoing estate renewal and new HDB launches planned. However, the development pipeline in outer estates is typically more measured than in central or fringe areas. For established neighbourhoods like Compassvale, new supply pressure is likely to remain moderate, which generally supports gradual capital appreciation over medium to long-term holding horizons.
Buyer profiles suited to 201B Compassvale Drive span first-time owner-occupants seeking affordable entry into ownership, upgraders downsizing from larger units, investors targeting stable rental yields in established precincts, and retirees seeking low-cost housing in a mature, amenity-rich environment. The unit's compactness and affordability also appeal to professionals who work in the eastern corridor and value proximity to public transport over square-metre space.
Prospective purchasers should engage a conveyancing lawyer to review the remaining lease term, title documentation, and any estate-level encumbrances, and should conduct personal viewings to assess the condition, orientation, and layout suitability for their circumstances. Market conditions, interest rates, and the buyer's own financial position will ultimately determine whether acquisition timing and price are favourable.