Type

Units

Min Area

Price Range

3 BR

1205 sqft

S$899K

Type

Units

Min Area

Price Range

Other

1206 sqft

S$1,000/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$1,000 to S$899K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$200 on this acquisition.
50% of current units are for sale, from S$899K; 50% are for rent, from S$1,000/mo.
Located 3 min (250 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?

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216A Compassvale Drive: Strategic Sengkang Location with Excellent MRT Access

216A Compassvale Drive presents a compelling opportunity for buyers seeking HDB accommodation in one of Singapore's most well-connected suburban towns. Situated within the Sengkang precinct, this development places residents just 250 metres—a mere three-minute walk—from Sengkang MRT Station on the North-East Line (NE16). This exceptional proximity to public transport has made the address a focal point for both owner-occupiers and property investors evaluating value in Singapore's northeastern corridor.

The development offers units spanning practical floor plans, with available stock reaching up to 1,206 square feet in gross floor area. Such spacious configurations appeal to growing families, multi-generational households, and professionals seeking room for home-working arrangements. The variety of unit types within the building ensures that prospective buyers can match their accommodation needs with available inventory, whether downsizing, upgrading, or entering the HDB market for the first time.

Location and Transportation Excellence

Sengkang has emerged as a vibrant, self-contained urban centre in recent years, and 216A Compassvale Drive capitalises on this development trajectory. The three-minute proximity to Sengkang MRT Station represents a significant convenience factor, eliminating lengthy commute times to the city centre, Marina Bay, or other major employment nodes. Commuters bound for the Central Business District can reach Raffles Place in under 25 minutes via direct MRT service, whilst those working in the eastern parts of Singapore benefit from seamless connectivity.

Beyond the North-East Line itself, Sengkang functions as a regional transport hub. Bus interchange facilities at Sengkang MRT provide multiple trunk and feeder services reaching Punggol, Ang Mo Kio, Bishan, and surrounding areas. This multi-modal transport infrastructure reinforces the area's appeal to professionals, students, and families dependent on reliable public transit. Property values in locations with such demonstrable transport advantages tend to hold their position more robustly through market cycles, benefiting long-term holders.

Neighbourhood Character and Amenities

Compassvale is one of Sengkang's original residential precincts, meaning the area boasts mature, established amenity clusters. Residents at 216A Compassvale Drive enjoy immediate access to neighbourhood shops, wet markets, food courts, and coffee shops within walking distance. The Sengkang neighbourhood centre, anchored by a major shopping mall and dining establishments, sits a short bus or MRT ride away and provides weekend leisure and retail options for the entire household.

The surrounding environment reflects careful planning characteristic of modern HDB precincts. Green spaces, community centres, and sports facilities dot the neighbourhood, supporting active lifestyles and community engagement. Families with children benefit from the proximity of primary and secondary schools, as well as childcare facilities serving the residential population. Healthcare access is similarly robust, with polyclinics and private medical services positioned throughout the broader Sengkang planning area.

Investment Potential and Rental Yield Considerations

For investors evaluating 216A Compassvale Drive as a rental asset, the MRT proximity and neighbourhood maturity present tangible rental demand generators. HDB rentals in well-connected Sengkang locations consistently attract young professionals, expatriates, and families relocating within Singapore. The spacious unit sizes and proximity to business hubs make the development a logical choice for tenants seeking value-for-money accommodation with straightforward MRT commutes.

Rental yields on HDB properties in Sengkang have historically aligned with broader public housing market performance, typically ranging between 2.5% and 3.5% net annual yield depending on purchase price, lease tenure, and prevailing market conditions. Properties closer to MRT stations command rental premiums, as tenants consistently prioritise transport accessibility. Investors should factor in the cost of property taxes, conservancy charges, and potential lease decay impact when modelling long-term hold assumptions for units within this development.

Pricing and Affordability in Context

HDB pricing at 216A Compassvale Drive reflects the area's established status and transport advantages. Units are priced competitively within the Sengkang market, with per-square-foot valuations tracking closely with recently transacted comparable properties in the neighbourhood. Prospective buyers evaluating value should consider recent arm's-length transactions in nearby Compassvale and Sengkang precincts to benchmark pricing fairness, as these provide the most reliable yardstick for local market conditions.

First-time HDB buyers entering the market at this address benefit from significantly lower entry costs compared to private residential property, alongside government backing and standardised valuation practices. The availability of HDB concessional loans through designated institutions further enhances affordability for owner-occupiers meeting eligibility criteria. Upgraders transitioning from smaller units or older precincts will find the spacious configurations and neighbourhood maturity compelling reasons to consider this development as their next move.

Lease Tenure and Long-Term Value Implications

As with all HDB properties, the lease tenure at 216A Compassvale Drive represents a critical consideration for both owner-occupiers and investors. The lease period remaining on units within the development will vary depending on original construction date and any renewal frameworks applied to the building. Prospective buyers must verify exact lease tenure during the due diligence process, as this directly influences mortgage eligibility, valuation outcomes, and eventual resale marketability.

HDB leasehold properties typically maintain strong resale demand when lease tenure remains above 70 years, providing reasonable runways for owner-occupancy and medium-term hold strategies. However, as leases decay toward the 60-year mark and beyond, capital appreciation may moderate, and financing options may tighten. Buyers prioritising maximum long-term upside should systematically review remaining lease tenure alongside purchase price when comparing units within the development.

Buyer Suitability and Market Positioning

216A Compassvale Drive appeals across multiple buyer demographics. First-time homebuyers benefit from affordable entry pricing, straightforward mortgage processes through HDB financing schemes, and neighbourhood stability. Upgraders moving from smaller or older HDB units gain access to modern amenities, spacious configurations, and a well-connected suburb. Families expanding household size appreciate the floor area available and proximity to schools, healthcare, and recreational facilities throughout Sengkang.

Investor-focused buyers evaluating the property as a rental asset should weigh the reliable tenant demand generated by excellent MRT connectivity, rental yield prospects aligned with Sengkang market benchmarks, and the relative stability of HDB property price movements compared to private sector volatility. The development's position within an established, mature neighbourhood reduces speculative demand but simultaneously increases price predictability and downside protection—a trade-off many property investors find attractive when building long-term portfolios.

Market Outlook and Supply Dynamics

Sengkang continues to evolve as a regional commercial and residential anchor within Singapore's broader urban fabric. While major greenfield HDB development has slowed in the established eastern precinct, ongoing intensification projects and estate renewal initiatives maintain the area's relevance to government planning objectives. The completion of the North-East Line extension and continued investment in Sengkang town centre reinforce the suburb's position as a growth node attracting residents, workers, and commercial activity.

Prospective buyers should monitor the broader Sengkang supply pipeline, particularly any en bloc redevelopment discussions affecting neighbouring precincts or announcements regarding new residential launches in nearby planning areas. Such developments can influence local property values and rental dynamics over the medium to long term. However, the maturity and transport advantages of Compassvale ensure sustained underlying demand regardless of marginal increases in competing supply.

216A Compassvale Drive represents a pragmatic, well-positioned choice for Singapore property buyers seeking HDB accommodation within an established neighbourhood backed by outstanding transport infrastructure. The three-minute MRT access, spacious units, and mature amenity ecosystem combine to create a compelling value proposition across owner-occupancy and investment use cases.

Frequently Asked Questions

What rental yield can investors realistically expect from units at 216A Compassvale Drive?

HDB properties in well-connected Sengkang locations typically generate net annual rental yields between 2.5% and 3.5%, depending on purchase price, lease tenure, and market conditions. Units at 216A Compassvale Drive benefit from three-minute MRT access, which attracts premium rental demand from young professionals and expatriates—supporting yields toward the higher end of this range. Investors should factor in ongoing costs including property tax, conservancy charges, and potential lease decay impact on valuation when modelling long-term return assumptions. Comparable recent transactions in neighbouring Compassvale units provide the most accurate baseline for estimating likely rental income from current stock.

How does per-square-foot pricing at 216A Compassvale Drive compare to recent Sengkang transactions?

Pricing at 216A Compassvale Drive reflects Sengkang's established status and transport advantages, with per-square-foot valuations tracking closely with recent arm's-length transactions in nearby Compassvale and neighbouring precincts. The proximity to Sengkang MRT Station (NE16) typically commands a premium compared to non-MRT-adjacent locations within the broader town, as tenants and owner-occupiers consistently prioritise transport accessibility. Prospective buyers should review transacted comparable properties from the past three to six months within the immediate Sengkang precinct to benchmark fair value and ensure purchase decisions rest on current market data rather than dated indices. Local property databases and transaction records from the Urban Redevelopment Authority provide reliable reference points for this analysis.

What Additional Buyer's Stamp Duty (ABSD) will a Singapore Citizen pay when purchasing a second property at this development?

A Singapore Citizen purchasing a second residential property, including HDB units at 216A Compassvale Drive, is subject to Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. This duty applies on top of the standard Buyer's Stamp Duty and significantly increases the total acquisition cost—a critical factor for investors evaluating return profiles and for upgraders moving from an existing HDB to this development. For example, a purchase price of S$550,000 would incur ABSD of S$110,000, materially affecting financing requirements and overall investment feasibility. Second-property buyers must budget for ABSD when calculating total cash outlay and should confirm their citizen status and previous property ownership history with a conveyancing solicitor to ensure accurate duty calculations.

How does remaining lease tenure at 216A Compassvale Drive affect resale value and mortgage eligibility?

Lease tenure is a critical determinant of resale marketability and financing terms for HDB properties at 216A Compassvale Drive. Units with lease tenures above 70 years typically maintain strong resale demand and full mortgage eligibility, making them suitable for owner-occupancy and medium-term investment hold periods. However, as leases decay below 70 years, capital appreciation may moderate, and some financial institutions tighten lending criteria—potentially limiting the buyer pool and resale velocity. Prospective owners should verify exact lease tenure during due diligence, as this directly influences purchase price fairness, financing options, and eventual exit value. HDB buildings constructed in the 1980s and 1990s may face lease decay considerations within 15–20 year investment horizons, warranting careful tenure review before commitment.

How does proximity to Sengkang MRT Station (NE16) influence demand and long-term capital appreciation?

The three-minute walk to Sengkang MRT Station represents a significant competitive advantage, creating sustained tenant and buyer demand that underpins capital appreciation prospects. Properties within 250 metres of MRT stations consistently command rental premiums and exhibit stronger price resilience through market cycles compared to non-adjacent locations. The North-East Line connectivity enables seamless commutes to the Central Business District, Marina Bay, and eastern employment nodes, making 216A Compassvale Drive attractive to working professionals and students. Long-term residents benefit from reduced transport costs and time savings, supporting property value preservation. Developers and planners recognise MRT proximity as a primary value driver, which is why HDB units at this location maintain competitive positioning even as neighbouring supply increases.

Is 216A Compassvale Drive suitable for first-time HDB buyers, upgraders, and property investors equally?

Each buyer profile benefits from distinct advantages at 216A Compassvale Drive, though for different reasons. First-time buyers appreciate affordable entry pricing, straightforward HDB concessional loan access, and the neighbourhood's stability and family-friendly infrastructure. Upgraders moving from smaller or older HDB units gain access to spacious configurations, modern amenities, and established transport connectivity without entering the private residential market. Property investors value the reliable tenant demand generated by MRT proximity, predictable rental yields aligned with Sengkang benchmarks, and the relative price stability of HDB assets compared to private sector volatility. The development's maturity and diverse unit mix ensure relevance across these distinct buyer personas, though investors should prioritise long-term hold strategies over speculative short-term flips given the nature of HDB market dynamics.

What Total Debt Servicing Ratio (TDSR) headroom and financing capacity should buyers expect at typical 216A Compassvale Drive price points?

At typical HDB price points for spacious units at 216A Compassvale Drive, owner-occupiers purchasing via HDB concessional loans typically enjoy strong financing capacity due to favourable loan tenure (up to 35 years), competitive interest rates, and statutory lending limits. The TDSR framework restricts total monthly debt obligations to 60% of gross household income, meaning a household earning S$8,000 monthly can service approximately S$4,800 in combined debt. For a property priced at S$550,000, monthly mortgage payments (principal, interest, and property tax) on a 25-year HDB loan would typically fall between S$2,400–S$2,800, leaving meaningful headroom for other obligations and discretionary spending. First-time buyers should factor in conservancy charges (typically S$80–S$150 monthly) and property tax when modelling affordability. Prospective purchasers should engage HDB-approved banks or the HDB Financial Services Scheme directly to confirm exact financing terms based on individual creditworthiness and income.

How does 216A Compassvale Drive compare to competing HDB developments in the broader Sengkang precinct?

The Sengkang precinct comprises multiple HDB estates constructed across different decades, each offering distinct character, amenity clusters, and pricing profiles. 216A Compassvale Drive competes with neighbouring Compassvale units and broader Sengkang precincts, with MRT proximity serving as a significant differentiator—properties within 300 metres of Sengkang MRT consistently command premiums versus those requiring longer transit times. Neighbouring estates such as Punggol and Ang Mo Kio offer alternative options, though Sengkang's established status, shopping mall anchors, and transport infrastructure maintain competitive pricing. Prospective buyers should systematically review transacted comparables from competing Sengkang precincts to ensure relative value positioning, particularly regarding per-square-foot metrics and lease tenure adjustments. The development's position within mature Compassvale ensures consistent demand regardless of marginal price variations in competing areas.

Which unit stacks or floor levels at 216A Compassvale Drive offer the best value proposition?

HDB unit values vary subtly by floor level and stack position, with mid-level units (floors 3–15) often representing optimal value compared to ground-floor and top-floor units. Ground-floor units typically incur slight discounts due to reduced privacy and higher noise exposure from communal areas and street traffic, though some buyers value direct ground access for elderly residents or families with mobility constraints. Top-floor units command premiums reflecting superior light, views, and absence of overhead foot traffic. Mid-stack placements balance premium and discount factors, offering strong value for owner-occupiers prioritising affordability. Prospective buyers should inspect comparable sales data within 216A Compassvale Drive to identify any consistent price differentials attributable to floor level, though such variations in mature HDB environments are often modest (typically 2–5%). Unit stack orientation (facing major roads versus quieter sides) also influences valuation, warranting site visits to assess amenity and noise exposure personally.

What is the future supply pipeline in Sengkang and surrounding districts, and how might this affect 216A Compassvale Drive values?

Sengkang's position as an established, mature HDB town means large-scale greenfield development is substantially complete, with future supply growth concentrated on en bloc redevelopment, estate renewal initiatives, and infill projects. The Urban Redevelopment Authority has indicated ongoing intensification of Sengkang town centre to support higher-density commercial and residential development, though this typically occurs in strategic pockets rather than wholesale precinct overhauls. Neighbouring areas such as Punggol continue attracting new HDB launches, which could create marginal competitive pressure on Sengkang pricing. However, 216A Compassvale Drive's proximity to Sengkang MRT and established amenity ecosystem ensure sustained underlying demand that buffers against localised supply increases. Prospective long-term holders should monitor planning announcements and any en bloc discussions affecting adjacent buildings, as these could influence neighbour property values and rental dynamics within 5–10 year horizons. The overall supply-demand balance in Sengkang remains supportive for property values, particularly for units offering the transport connectivity advantages represented by this development.

[For Sale / Rent] Hdb Flat At Compassvale Drive — From S$1,000