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[For Rent] Hdb Flat At Compassvale Drive — From S$850

201B Compassvale Drive

1 for rent
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HDB

[For Rent] Hdb Flat At Compassvale Drive — From S$850

HDB Flat at Compassvale Drive
1 Units To Rent
For Rent
Type Units Min Area Price Range
Other 1 85 sqft S$850/mo
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Property Highlights
  • 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.
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

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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.

Frequently Asked Questions

What rental yield might an investor expect from purchasing a unit at 201B Compassvale Drive as an investment property?

HDB flats in established estates like Compassvale typically generate gross rental yields between 3% and 4.5% per annum, though yields depend heavily on unit size, configuration, and prevailing market rents. A compact unit at 201B Compassvale Drive would likely appeal to young professionals and couples, a segment with consistent rental demand, which should support lettability and yield stability. Investors must account for void periods, property tax, maintenance contributions (if applicable), and the impact of the 20% Additional Buyer's Stamp Duty on overall return calculations—this duty materially reduces net cash-on-cash returns in the early years of ownership.

How does per-square-metre pricing at 201B Compassvale Drive compare with other recent HDB transactions in the same area?

Compassvale, as a mature HDB estate, typically trades at per-square-metre prices considerably lower than private residential developments and generally in line with other established public housing precincts in the Sengkang region. The exact psf comparison depends on the specific lease remaining on this unit and recent transaction patterns in the block and neighbourhood; properties with longer remaining leases command premiums over those with eroding leases. Buyers should request recent comparable sales from their conveyancing lawyer or property research platform to establish a realistic market range for the specific unit under consideration.

What is the Additional Buyer's Stamp Duty impact for a Singapore Citizen buying at 201B Compassvale Drive as a second residential property?

A Singapore Citizen purchasing 201B Compassvale Drive as a second residential property is liable for Additional Buyer's Stamp Duty at the current rate of 20%, payable on the purchase price in addition to standard Buyer's Stamp Duty and legal fees. This 20% ABSD duty is substantial and must be factored into total acquisition cost, mortgage calculations, and investment return scenarios. For an investor, ABSD significantly increases the cash outlay required at settlement and extends the break-even period for rental yields; it is therefore essential to run financial models with ABSD included to understand true cash-on-cash returns.

What lease decay risks and resale value impacts should I consider for a 99-year leasehold HDB flat at this location?

All HDB flats are held on 99-year leasehold terms, and lease remaining is a critical value determinant. As the lease decays—particularly below 80 years remaining—banks become more cautious about lending, buyer pool shrinks, and per-square-metre valuations typically compress. The longer the remaining lease at the time of purchase, the more resilient the property's future resale value and financing prospects will be. Buyers should confirm the exact remaining lease on 201B Compassvale Drive at point of purchase and understand that any property purchased now will eventually face lease-decay constraints; however, properties with sufficient lease remaining (70+ years) typically remain financeable and saleable throughout a normal holding period.

How does proximity to Renjong LRT Station affect demand and capital appreciation for properties at 201B Compassvale Drive?

Properties within walking distance of MRT stations consistently demonstrate stronger rental demand, lower void periods, and more resilient capital values during market cycles compared to non-MRT-served estates. The 510-metre proximity to Renjong LRT Station positions 201B Compassvale Drive favourably for both owner-occupants and investors; it appeals to commuters seeking affordable housing with reliable transport to employment nodes across the island. The Sengkang West Line itself has driven notable uplift in the surrounding area since opening, and continued population growth in the broader Sengkang region should support ongoing transport utilisation and property values.

Which buyer profiles are best suited to acquiring a unit at 201B Compassvale Drive?

The property suits multiple buyer archetypes: first-time owner-occupants seeking affordable entry into homeownership, particularly if they work in the eastern corridor or value MRT accessibility; upgraders or downgraders moving within the HDB market; investors targeting stable rental yields in established precincts; and retirees or professionals seeking low-cost, transport-connected housing with mature neighbourhood amenities. The combination of affordability, public transport access, and estate maturity makes it less suitable for luxury-focused or purely capital-appreciation buyers, but highly suitable for pragmatic, yield-conscious, or first-entry purchasers.

What TDSR and financing headroom should typical buyers expect at the price points for 201B Compassvale Drive?

HDB mortgage products are typically more generous than private residential financing, and most working professionals should find themselves comfortably within Total Debt Service Ratio limits when financing units in this affordable price bracket. Actual headroom depends on the buyer's monthly household income, existing debt obligations (car loans, credit card balances, other mortgages), the property's exact price, prevailing interest rates, and loan tenure. As a rule of thumb, HDB flat acquisitions in outer established estates like Compassvale are more likely to clear TDSR requirements than private property purchases; however, all borrowers should run detailed financing scenarios with their bank before committing to purchase.

How does 201B Compassvale Drive compare to nearby competing HDB developments in the Sengkang precinct?

Compassvale competes with other mature HDB estates in the immediate area, such as Sengkang Green and other blocks in the broader Sengkang estate. Key differentiators typically centre on remaining lease duration, per-square-metre pricing, unit configuration, floor level, and block-specific amenities. Within Compassvale itself, different blocks and unit stacks may command different prices based on aspect, lift access, views, and proximity to neighbourhood centres. Prospective buyers should compare 201B Compassvale Drive against recent transactions in the same block and nearby blocks to establish realistic valuation and identify any anomalies.

Are there specific unit stacks, floor levels, or layouts within 201B Compassvale Drive that offer better value?

Middle floors (typically floors 3–6 in older HDB blocks) often command premium pricing over ground or very high floors, as they offer optimal lift access, ventilation, and natural light while avoiding ground-level noise and higher floor-level isolation concerns. Within Compassvale, units with north or east aspects may be preferred for cooler prevailing winds and morning light. However, ground-floor and top-floor units often trade at slight discounts, creating value opportunities for buyers willing to trade aspect or lift access for lower acquisition price. The best value typically emerges when a buyer's preferences (e.g., preference for quieter ground-floor living or north-facing aspect) align with a discounted unit stack, allowing them to acquire at below-market psf.

What is the future supply pipeline for HDB and residential development in the Sengkang district, and how might it affect property values?

The Sengkang and Punggol regions remain part of Singapore's residential growth pipeline, though new HDB supply in outer established estates like Compassvale is typically planned in a measured cadence rather than concentrated releases. Nearby new HDB launches or estate renewal projects could theoretically increase supply pressure; however, the established nature of Compassvale, combined with the maturity of its amenities and stable transport access, should insulate it from sharp valuation shocks. Buyers considering 201B Compassvale Drive for medium to long-term hold periods should expect gradual, modest capital appreciation over cycles, rather than explosive value growth; the stability and established community character of the location are its strengths rather than speculative upside.