Type

Units

Min Area

Price Range

3 BR

882 sqft

S$490K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$490K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$98,000 on this acquisition.

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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23 Telok Blangah Crescent: An Established HDB Community in the South West

23 Telok Blangah Crescent stands as a notable residential address in the Telok Blangah area, part of Singapore's mature South West region. This HDB development represents an established community that has evolved over decades, attracting residents who value proximity to both employment centres and recreational facilities. The crescent's strategic positioning within the wider Telok Blangah estate places it within reach of essential services, local shopping amenities, and transport links that define the character of this residential neighbourhood.

Telok Blangah itself has become increasingly desirable as an upgrading destination for families and investors alike. The estate offers a neighbourhood feel whilst remaining well-integrated into Singapore's broader urban landscape. Residents benefit from a mature infrastructure that includes schools, hawker centres, and community facilities that cater to the diverse needs of the local population. This combination of accessibility and established community character has sustained steady demand for HDB resale units throughout the precinct.

Unit Variety and Space Standards

Properties within this development come in multiple configurations, allowing buyers to select layouts that match their household composition and lifestyle requirements. Units are designed with practical floor plans that maximise usable living space whilst adhering to HDB's standardised construction specifications. The development includes a range of bedroom counts and configurations, accommodating everyone from individuals and couples to growing families. Buyers can expect well-proportioned rooms, functional kitchens, and layouts that have proven popular with multiple generations of residents seeking value-for-money public housing.

Pricing and Market Position

The resale market for units at 23 Telok Blangah Crescent reflects broader HDB pricing trends in the South West region, with costs remaining competitive relative to comparable developments in adjacent precincts. Pricing typically reflects the unit's configuration, floor level, and condition, with variations across different configurations within the development. Buyers exploring this market should expect to invest in the region of S$490,000 and upward, depending on the specific unit selected. This pricing tier has historically attracted upgraders moving from smaller flats to larger configurations, as well as first-time resale buyers seeking entry into the HDB market at accessible price points.

Investment and Rental Yield Potential

For investors considering HDB resale units at 23 Telok Blangah Crescent, rental yield represents an important financial metric. HDB flats in this location typically achieve monthly rental rates that reflect the estate's accessibility and maturity, with yields varying according to unit size and configuration. A flat in this development let at market rates generally produces gross rental yields in the region of 3.5% to 4.5% annually, though this depends heavily on the unit's condition, exact floor level, and buyer acquisition price. Such yields compare favourably to many other HDB developments in Singapore's mature estates, particularly given the lower capital outlay required relative to private residential properties. Investors should factor in annual HDB conservancy charges and property tax when calculating net returns.

Transport Connectivity and Location Dynamics

The Telok Blangah area benefits from a well-established transport ecosystem, though the exact distance to the nearest MRT station can influence both daily convenience and long-term capital appreciation. Properties within walking distance of transport nodes typically command a modest premium and attract higher renter demand, particularly among working professionals. The South West region's ongoing infrastructure development, including connections to the broader transport network, supports the investment case for properties in established areas like Telok Blangah. Accessibility to the CBD via public transport makes this location attractive to commuters and professionals working in the central business district, a factor that underpins stable demand and supports resale values.

Lease Tenure and Long-Term Ownership Considerations

As an HDB property, units at 23 Telok Blangah Crescent typically carry a 99-year leasehold tenure. Buyers should be cognisant of lease decay and its implications for future resale value, particularly as properties approach the latter decades of their lease periods. HDB has implemented policies to address lease depreciation concerns, including lease extension schemes that allow flat owners to top up their leases. Understanding the property's current position within its lease cycle is essential for long-term planning, as resale values naturally adjust as properties age. Younger leases generally command stronger resale demand and more favourable financing terms from banks, making lease tenure a significant consideration for both owner-occupiers and investors.

Buyer Profiles and Suitability

This development appeals to diverse buyer profiles across Singapore's property market. First-time resale buyers benefit from the practical floor plans and accessible pricing, allowing entry into ownership without overextending financially. Upgraders moving from one-bedroom or two-bedroom flats find the multi-bedroom configurations at this address well-suited to expanding families and those seeking additional space. Investors are drawn by the combination of stable rental demand, competitive pricing, and the HDB sector's inherent accessibility to a broad tenant pool. Young professionals and working couples favour the location's proximity to employment nodes and transport connections. The development's maturity and established character appeal to buyers seeking stability over new-launch novelty.

Financing and Buyer Obligations

Prospective buyers should anticipate standard HDB financing requirements and obligations. First-time buyers can typically access favourable housing loan terms from approved financial institutions, with loans available at competitive rates. Second-time buyers purchasing HDB resale flats should note that Additional Buyer's Stamp Duty applies at the rate of 20% for Singapore Citizens acquiring a second residential property, representing a significant additional cost beyond the purchase price. This ABSD obligation materially affects the overall cost of acquisition and should be factored into financial planning well before an offer is made. Total Debt Service Ratio considerations mean that buyers should demonstrate adequate income to service both the HDB loan and any other outstanding debts, typically requiring a household income comfortably above S$5,000 monthly for units in this price range.

Neighbourhood Character and Community Amenities

Telok Blangah has evolved into a vibrant neighbourhood characterised by a mix of residential, commercial, and recreational spaces. Residents enjoy access to neighbourhood shopping malls, casual dining establishments, and specialist retailers that serve everyday needs. The area's parks and green spaces provide outdoor recreation opportunities, whilst community facilities support active, engaged neighbourhoods. The maturity of the estate means that local schools, medical facilities, and personal services are well-established and readily accessible. This established infrastructure creates a stable living environment that has attracted successive waves of residents seeking value and community rootedness.

Market Dynamics and Future Outlook

The HDB resale market in the South West region continues to reflect Singapore's broader housing dynamics, with demand remaining robust for units offering value and accessibility. Supply dynamics across this region remain relatively stable, as HDB focuses new construction in growth areas and intensification zones. Established estates like Telok Blangah are unlikely to see significant new supply, supporting the investment case for resale units in this locale. Future infrastructure improvements and transport enhancements could further strengthen the appeal of properties with good access to expanded transport networks. Buyers should monitor district-level planning announcements that could influence longer-term neighbourhood character and property values, though the mature nature of Telok Blangah suggests evolutionary rather than transformative change is most likely in the medium term.

Frequently Asked Questions

What rental yield should I expect if I purchase an HDB unit at 23 Telok Blangah Crescent as an investment?

HDB flats at 23 Telok Blangah Crescent typically generate gross rental yields between 3.5% and 4.5% annually, depending on the unit's configuration, floor level, and the price paid at acquisition. A larger three-bedroom flat, for example, will attract a higher monthly rent than a smaller two-bedroom, potentially supporting yields at the upper end of this range. Investors must deduct annual conservancy charges and property tax to calculate net yield, which generally reduces gross yields by 0.5% to 1% per annum. The stable demand for rental accommodation in this mature, well-established estate supports consistent tenant demand, making these yields competitive relative to many other HDB developments across Singapore.

How does pricing at 23 Telok Blangah Crescent compare to other HDB resale flats in the South West region?

Units at this address are positioned competitively within the broader South West HDB market, with pricing reflecting the estate's maturity, transport accessibility, and the particular configuration and condition of each flat. Recent resale transactions in adjacent Telok Blangah precincts have achieved prices ranging from S$470,000 to S$580,000 for three-bedroom flats, suggesting that 23 Telok Blangah Crescent sits broadly in line with the district's average pricing per square foot. Price per square foot at this development typically falls between S$550 and S$660, depending on the exact unit and its presentation. Buyers should compare specific units on a price-per-square-foot basis rather than absolute price, as this metric accounts for variations in unit size and allows meaningful comparison across the wider neighbourhood.

What is the Additional Buyer's Stamp Duty impact for second-property purchasers buying at 23 Telok Blangah Crescent?

Singapore Citizen buyers acquiring an HDB resale flat at 23 Telok Blangah Crescent as a second residential property must pay Additional Buyer's Stamp Duty at the rate of 20% on the purchase price. This represents a substantial cost: for a flat purchased at S$490,000, ABSD would amount to S$98,000, payable at or shortly after completion. This 20% ABSD obligation applies in addition to standard Buyer's Stamp Duty and all other acquisition costs, making the true total acquisition cost significantly higher than the advertised purchase price. Second-time buyers must ensure that their financial planning comprehensively accounts for this 20% ABSD liability, as it materially affects the overall investment requirement and return calculations for any unit acquired at this development.

What lease decay risks should I consider when purchasing an HDB flat at 23 Telok Blangah Crescent?

As a 99-year leasehold property, units at 23 Telok Blangah Crescent will gradually experience lease decay as the property ages, with the lease shortening by one year annually. Properties below approximately 85 years remaining on the lease begin to experience measurable resale value decline and reduced financing availability, as banks become increasingly reluctant to lend against significantly aged leases. The HDB Lease Extension scheme allows eligible owners to extend their leases by 30 years, though the extension cost is calculated based on the current market value of the property. Buyers should ascertain the exact lease remaining on any unit they are considering and factor lease extension costs into their long-term ownership budget, as extending the lease becomes increasingly important as the property ages beyond the 85-year threshold.

How does proximity to the nearest MRT station influence demand and capital appreciation for flats at 23 Telok Blangah Crescent?

Transport accessibility is a key driver of demand and resale values for HDB properties in the South West region. Units at 23 Telok Blangah Crescent that are within walking distance (typically defined as under 500 metres) of the nearest MRT station typically command a premium of 5% to 10% over comparable flats in less accessible locations, and attract stronger tenant demand from working professionals. The Telok Blangah area benefits from established transport connectivity, supporting both daily convenience and long-term capital stability. Properties with superior MRT access typically appreciate more steadily over time and retain value better during market downturns, as the accessibility benefits remain attractive to a broader pool of potential buyers and renters. Conversely, flats requiring a longer walk to public transport may face softer demand and potentially slower capital appreciation in a flat market.

Is 23 Telok Blangah Crescent suitable for first-time property buyers, upgraders, and investors?

This development appeals across multiple buyer profiles, though suitability varies with individual circumstances. First-time resale buyers benefit from competitive pricing that allows entry into HDB ownership at accessible price points, with practical floor plans and established amenities supporting straightforward owner-occupancy. Upgraders moving from smaller flats to larger configurations find the multi-bedroom options at this address well-suited to growing families, with pricing that remains manageable relative to private residential alternatives. Investors are attracted by stable rental demand in this mature, accessible estate, reasonable purchase prices that allow portfolio diversification, and the typically lower leverage ratios required due to lower absolute prices compared to private properties. Young professionals and working couples favour the transport links and neighbourhood character, making them reliable tenants for investor-owners.

What Total Debt Service Ratio and financing headroom should I expect for a typical unit at 23 Telok Blangah Crescent?

Buyers financing an HDB resale flat at 23 Telok Blangah Crescent must meet HDB's Total Debt Service Ratio threshold, which typically caps total monthly debt servicing (including the new HDB loan plus all other outstanding debts) at 30% of gross household monthly income. For a unit purchased at S$490,000 with a 25-year loan term at typical interest rates around 2.5% to 2.75%, the monthly mortgage payment would approximate S$2,000 to S$2,100. A household with monthly income of S$7,000 to S$7,500 would comfortably meet TDSR requirements while maintaining adequate financial headroom for emergencies and other obligations. First-time buyer schemes offering subsidised interest rates or enhanced loan tenures can improve affordability, allowing households with more modest incomes to access financing for properties at this price point.

How does 23 Telok Blangah Crescent compare to nearby competing HDB developments in the South West?

The South West region includes several mature HDB estates competing for buyer attention, including developments in Bukit Merah, Tiong Bahru, and adjacent areas within Telok Blangah itself. Competing developments in broadly similar price ranges typically offer comparable floor plans and amenities, though specific location advantages (such as proximity to particular MRT stations or shopping centres) vary by address. 23 Telok Blangah Crescent's position within the Telok Blangah estate provides access to the precinct's established shopping and dining facilities, though some competing addresses may offer superior transport proximity or newer estate character. Pricing comparisons suggest that 23 Telok Blangah Crescent is competitively positioned relative to directly comparable units in adjacent developments, with no material premium or discount relative to recent transactions in the immediate locale. Buyers should conduct site visits to multiple developments to assess their personal preferences regarding neighbourhood character, specific facilities, and transport convenience.

Which unit stack or floor level offers the best value at 23 Telok Blangah Crescent?

Value in HDB flats is typically optimised by purchasing units on middle floors (typically the 7th to 15th storeys, depending on the block's total height) rather than ground floors or top storeys. Middle-floor units avoid ground-floor concerns regarding moisture, pest ingress, and street-level noise, whilst offering easier lift access compared to units on very high floors. Mid-floor units also tend to appreciate more predictably than top-floor units, which can experience temperature fluctuations and greater exposure to typhoons in some seasons. Within a given floor level, units facing away from primary roads or major thoroughfares typically offer superior noise isolation and therefore command modest premiums, though buyers should inspect units in person to assess any specific amenity concerns. Mid-stack, mid-level units typically represent the sweet spot for value, balancing practical advantages with pricing that does not contain unnecessary premiums for scarcity or special positioning.

What future supply pipeline should I expect in the South West district, and how does this affect 23 Telok Blangah Crescent's investment outlook?

The South West region, including Telok Blangah, is characterised by mature housing stock with relatively limited new HDB construction in recent years. HDB's planning strategy has shifted toward intensification in growth areas and regions requiring population rejuvenation, rather than further expansion in already well-established neighbourhoods. This constrained new supply pipeline in the South West suggests that resale demand for existing units at 23 Telok Blangah Crescent is unlikely to face significant dilution from new competing supply in the near to medium term. The absence of large new development pipelines in this precinct supports the investment case for resale flats, as supply constraints typically support steadier capital values over the longer term. However, buyers should remain aware of any district renewal or rejuvenation initiatives that the HDB or Urban Development Authority may announce, as such programmes could influence neighbourhood character and property values, though such transformative interventions are relatively uncommon in already well-established estates like Telok Blangah.

[For Sale] Hdb Flat At Telok Blangah Crescent — From S$490K