Type

Units

Min Area

Price Range

Other

70 sqft

S$400/mo – S$800/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$400 to S$800.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$80 on this acquisition.
Located 5 min (400 m) from NE16 Sengkang MRT 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.

215A Compassvale Drive, Sengkang: HDB Living Near the North-East Line

215A Compassvale Drive represents a compelling opportunity for buyers and investors seeking established public housing in one of Singapore's most connected residential estates. Located in the heart of Sengkang, this property enjoys exceptional proximity to Sengkang MRT Station on the North-East Line, positioned just 400 metres—or approximately a five-minute walk—from the NE16 interchange. This strategic positioning transforms the development into an ideal choice for commuters, families, and investors alike, all seeking efficient access to Singapore's wider transport network and employment centres across the island.

The Sengkang estate itself has matured significantly over the past two decades, evolving from a new town into a vibrant, self-contained community. The locality boasts comprehensive infrastructure, including multiple shopping centres, hawker complexes, community clubs, and educational institutions spanning primary through secondary levels. Healthcare facilities, including polyclinics and specialist centres, are well distributed throughout the estate, ensuring residents benefit from convenient medical access. Parks and recreational spaces, including the extensive Sengkang Riverside Park, provide ample opportunities for outdoor activities and family leisure, while the surrounding neighbourhoods offer a strong sense of community identity and social cohesion.

For those considering 215A Compassvale Drive as an investment vehicle, the proximity to Sengkang MRT Station significantly enhances rental demand and capital appreciation potential. The North-East Line's extension has transformed Sengkang into a major employment and residential hub, attracting young professionals, expatriates, and families seeking convenient transport links. Rental yields in the immediate vicinity remain competitive, particularly for units positioned near the MRT station, as demand from commuters seeking short-term and long-term lettings continues to strengthen. The established nature of the estate, combined with ongoing improvements to public amenities and transport infrastructure, supports sustained rental growth and long-term capital preservation.

Buyers exploring 215A Compassvale Drive should consider the broader development context of Sengkang as a whole. The estate continues to receive investment from both public and private sectors, with ongoing upgrading programmes enhancing physical infrastructure and community spaces. Neighbouring developments and competing HDB offerings in Sengkang provide useful benchmarks for pricing and value assessment. Properties in close proximity to the MRT station typically command premiums relative to those further away, a reflection of the time savings and convenience offered to daily commuters and leisure travellers. Understanding this spatial value gradient is essential for making informed purchasing decisions, whether for owner-occupation or investment purposes.

The HDB flat format offers distinct advantages over private alternatives, including lower entry costs, transparent pricing mechanisms, and strong legal protections through the HDB purchase scheme. Eligible buyers benefit from the full suite of HDB financing options, housing grants, and schemes designed to make homeownership accessible across multiple income segments. The standardised construction and maintenance standards applied across HDB developments ensure consistent quality and reliable resale value expectations. For upgraders stepping up from smaller units, or first-time buyers entering the property market, HDB flats in established estates like Sengkang remain among the most practical and value-conscious pathways to homeownership.

The catchment area surrounding 215A Compassvale Drive includes several well-regarded primary and secondary schools, making the location particularly attractive to families with school-age children. Educational institutions in the Sengkang area maintain strong academic track records and community reputations, and many benefit from proximity to excellent transport links via the North-East Line. Parents appreciate the reduced commute times to school, enhanced school accessibility, and the availability of multiple educational options within the estate. This family-oriented positioning contributes significantly to demand stability and long-term capital appreciation in the locality.

Investment considerations for 215A Compassvale Drive extend beyond immediate rental returns to encompass broader market dynamics within the HDB sector. The Government's continued emphasis on public housing quality, estate upgrading programmes, and transport connectivity improvements underpins long-term value preservation. Sengkang's status as a growth node within Singapore's strategic masterplanning framework suggests sustained population inflows and infrastructure enhancements over coming years. Investors evaluating the property should factor in these longer-term structural supports, which typically drive steady appreciation and reliable rental demand across the HDB market cycle.

For those prioritising convenience and connectivity, the five-minute walk to Sengkang MRT Station represents a transformative advantage. The North-East Line provides direct connections to the city centre, major employment hubs, and secondary transport interchange nodes throughout Singapore. This connectivity benefit extends to families, retirees, and working professionals, all of whom benefit from reduced travel times and enhanced flexibility in lifestyle and career choices. The property's positioning near this major transport artery makes it especially appealing to buyers who value time efficiency and seamless integration into Singapore's broader metropolitan system.

The Sengkang neighbourhood continues to evolve, with planned and ongoing developments reinforcing its status as a premier residential and commercial destination. New mixed-use projects, enhanced retail offerings, and upgraded recreational facilities further strengthen the appeal of properties in this locale. Existing residents benefit from a continuously improving living environment, while prospective buyers can invest with confidence that the estate's trajectory supports long-term value appreciation. The maturity and stability of Sengkang, combined with forward momentum in amenity provision, make it an increasingly attractive choice for discerning property seekers across multiple buyer segments.

Frequently Asked Questions

What rental yield might investors expect from purchasing an HDB flat at 215A Compassvale Drive?

HDB flats in established estates near major MRT stations typically generate rental yields ranging from 2% to 3% annually, depending on unit size, condition, and lease tenure. For 215A Compassvale Drive, the strategic positioning just five minutes' walk from Sengkang MRT Station substantially enhances rental demand, particularly from young professionals and expatriates seeking convenient commute routes. The North-East Line's connectivity to employment centres across the island, combined with the estate's mature amenity base, supports steady tenant demand throughout market cycles, meaning investors can typically achieve competitive rental returns whilst also benefiting from long-term capital appreciation in this established HDB locality.

How does pricing at 215A Compassvale Drive compare to other HDB transactions in the immediate Sengkang area?

HDB flat pricing in Sengkang varies significantly based on proximity to the MRT station, unit size, floor level, and remaining lease tenure. Properties within a 400-metre radius of Sengkang MRT Station command pricing premiums of 5% to 10% relative to similar units situated further from the interchange, reflecting the convenience and time-saving benefits of immediate transport access. Recent transactions in the broader Sengkang catchment suggest price per square foot varying between SGD 600 and SGD 800, depending on these locational and structural factors. Buyers evaluating 215A Compassvale Drive should conduct transactional analysis of comparable units across the estate to ensure competitive positioning and realistic valuation expectations relative to the broader HDB market.

What Additional Buyer's Stamp Duty implications should a Singapore Citizen expect when purchasing a second residential property at 215A Compassvale Drive?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty (ABSD) at a rate of 20% on the purchase price. For example, a property purchased at SGD 500,000 would attract ABSD of SGD 100,000, significantly increasing the total acquisition cost and affecting overall investment returns. This duty applies in addition to standard Buyer's Stamp Duty and legal fees, and must be factored carefully into investment calculations and financing arrangements. Investors considering 215A Compassvale Drive as a second property should engage professional tax and legal advisors to understand the full implications of ABSD on their specific purchasing circumstances and overall portfolio strategy.

How does remaining lease tenure impact long-term resale value and financing at 215A Compassvale Drive?

HDB flats are offered exclusively on 99-year leases; properties at 215A Compassvale Drive carry this standard tenure. As leases age and remaining tenure decreases below 60 years, resale values typically experience accelerated depreciation, and financing becomes increasingly challenging as lenders reduce loan-to-value ratios and shorten loan tenures. For properties with substantial remaining lease duration (well above 60 years), resale value and financing capacity remain robust, supporting strong capital appreciation potential. Buyers acquiring units at 215A Compassvale Drive should verify exact remaining lease tenure and factor this into long-term ownership plans, recognising that properties with shorter remaining leases will face more constrained resale markets and reduced capital preservation potential over extended holding periods.

How does proximity to Sengkang MRT Station (NE16) influence long-term capital appreciation and resale demand for properties at 215A Compassvale Drive?

Major MRT stations function as primary value drivers for residential properties, and Sengkang's position on the North-East Line has consistently supported above-average capital appreciation across the estate. Properties within 400 metres of the interchange typically appreciate faster than those situated further away, reflecting sustained tenant and buyer demand from commuters prioritising transport convenience. The MRT's role in connecting Sengkang to employment centres, educational institutions, and leisure destinations across Singapore creates enduring demand streams that support both rental income and capital growth. Long-term development strategies focusing on transport-oriented housing reinforce this dynamic, meaning properties at 215A Compassvale Drive benefit from structural tailwinds that are likely to sustain demand and appreciation through multiple market cycles.

Which buyer profiles—first-timers, upgraders, high-net-worth individuals, or investors—are best suited to 215A Compassvale Drive?

215A Compassvale Drive serves multiple buyer segments effectively. First-time homebuyers benefit from accessible entry pricing, straightforward HDB financing options, and the estate's comprehensive amenity base, making homeownership attainable and practical. Upgraders stepping up from smaller units or seeking enhanced lifestyle amenities find the established Sengkang setting appealing for family living and community engagement. Investors recognise the steady rental demand generated by the MRT proximity and the mature estate's resilient value characteristics, positioning the property as a stable long-term capital vehicle. High-net-worth individuals may view HDB purchases as portfolio diversification or investment vehicles, though they typically prioritise private residential options; nonetheless, strategic investors recognise the institutional-quality stability and yield potential of HDB properties near major transport nodes.

What Total Debt Servicing Ratio (TDSR) and financing headroom should buyers anticipate at typical price points for 215A Compassvale Drive?

TDSR regulations limit total monthly debt servicing to 55% of gross monthly income. For an HDB flat at 215A Compassvale Drive transacting at typical Sengkang price points (approximately SGD 400,000 to SGD 600,000), monthly mortgage servicing ranges broadly from SGD 1,800 to SGD 2,700 at current interest rates, depending on loan tenure and buyer age. A buyer with gross monthly income of SGD 5,000 could typically service debt up to SGD 2,750 per month, suggesting meaningful financing headroom for properties at this price tier. First-time homebuyers benefit from enhanced TDSR flexibility and housing grants, whilst upgraders must account for existing mortgage obligations and ABSD costs. Financial advisors should model specific scenarios incorporating individual income, existing liabilities, and intended loan tenure to confirm precise headroom and borrowing capacity.

How do competing HDB developments in nearby Sengkang locations compare to 215A Compassvale Drive in terms of value and positioning?

Sengkang's extensive HDB stock spans multiple precincts and phases, creating a competitive landscape where properties near the MRT station command premiums relative to those in adjacent areas. Competing developments in Sengkang vary by age, unit configuration, and MRT proximity, with newer or extensively upgraded units typically priced 5% to 15% higher than comparable older stock. 215A Compassvale Drive's established location near the MRT interchange positions it competitively on value, particularly for buyers prioritising convenience over newness. Comparative transactional analysis across recent sales in the Sengkang catchment provides essential benchmarking context, enabling buyers to evaluate whether 215A Compassvale Drive represents competitive pricing relative to alternative HDB options in the immediate vicinity and to identify potential value opportunities within the broader estate landscape.

Which unit stacks, floor levels, or orientations at 215A Compassvale Drive offer the best value proposition for owner-occupiers and investors?

Mid-range floor levels (typically floors 4 to 15) offer optimal balance between unit pricing and amenity access, avoiding both ground-floor proximity concerns and higher-level premium pricing without proportional utility gains. South or east-facing orientations typically command modest premiums due to daylight exposure and natural ventilation, though this varies based on street-facing noise considerations and individual preferences. For investors, mid-floor units with efficient, standard layouts tend to attract steady tenant demand, as renters often prioritise practical functionality over premium positioning. Owner-occupiers with family considerations may prioritise proximity to estate facilities, schools, and hawker centres, potentially justifying slightly elevated pricing for optimally positioned units. Detailed site inspection and comparative stack analysis enable buyers to identify units offering superior value relative to asking price, particularly where orientational or layout features provide meaningful practical benefits without excessive cost premiums.

What is the future supply pipeline for HDB developments in Sengkang, and how might this affect long-term demand and capital appreciation at 215A Compassvale Drive?

Sengkang's role as a mature HDB estate with substantial existing housing stock means future supply additions will likely moderate compared to growth estates. Government planning strategies typically direct new HDB supply to less-developed areas, whilst mature estates like Sengkang receive upgrading investments and selective infill development. This supply moderation supports demand stability and capital appreciation for established properties like 215A Compassvale Drive, as the estate's housing stock appreciates in relative scarcity value. Planned infrastructural enhancements and continued amenity upgrades reinforce the attractiveness of the established locale, meaning new supply constraints contribute positively to long-term value preservation. Buyers should monitor official HDB and Urban Redevelopment Authority announcements regarding any major development plans affecting the immediate precinct, though the current supply outlook suggests favourable conditions for sustained rental demand and capital growth in this established Sengkang location.

Hdb Flat At Compassvale Drive — From S$400