Type

Units

Min Area

Price Range

4 BR

1615 sqft

S$1.1M

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1.1M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$226K on this acquisition.
Located 7 min (590 m) from DT33 Tampines East 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.

230F Tampines Street 24: A Spacious HDB Residence in Tampines East

230F Tampines Street 24 stands as a notable HDB flat offering in the mature Tampines district of eastern Singapore. This development provides spacious four-bedroom units designed to accommodate growing families or those seeking generous living arrangements in a consolidated residential setting. Priced from S$1.13 million, these homes represent a significant commitment in the HDB resale market and appeal to a broad spectrum of buyers, from first-time upgraders to seasoned property investors.

The location within Tampines Street 24 places residents within a seven-minute walk—approximately 590 metres—of Tampines East MRT Station (DT33). This proximity to the Downtown Line affords residents seamless connectivity to the central business district, extending southbound to Marina Bay and northbound through the eastern corridor. For working professionals, the commute becomes predictable and manageable, whilst the station's integration into Singapore's wider rail network enhances accessibility to healthcare facilities, educational institutions, and leisure destinations across the island.

Established Neighbourhood Infrastructure

Tampines has matured into one of Singapore's most comprehensive residential ecosystems. The district benefits from decades of infrastructure investment, resulting in a diverse retail landscape encompassing Tampines Mall, Tampines 1, and Tampines Central, all within reasonable distance of this address. Families will appreciate the proximity to recognised schools across all levels, early childhood centres, and community facilities that serve the broader Tampines population.

The precinct's amenity profile extends beyond shopping and education. Medical services, including Changi Business Park's healthcare offerings and polyclinics serving the eastern zone, remain accessible. Parks and recreational grounds punctuate the neighbourhood, with residents able to enjoy established green spaces that have been integrated into Tampines' urban design over successive decades.

Unit Specifications and Spatial Design

Units within this address typically feature four bedrooms and two bathrooms, with internal floor areas reaching approximately 1,615 square feet. This scale of accommodation provides distinct sleeping quarters for different household members, dedicated space for home office or study, and comfortable common areas for family gathering. The bedroom and bathroom configuration reflects HDB's contemporary design standards, though the exact layout varies across individual units within the block.

Prospective residents should recognise that HDB flats of this vintage and size command strong rental interest, particularly amongst expatriate families, upgraders seeking temporary accommodation solutions, and investors targeting stable yields in the eastern corridor. The four-bedroom typology occupies the upper tier of HDB's housing ladder, positioning this address for buyers who have exhausted smaller configurations or require substantial space for multigenerational living arrangements.

Investment Considerations and Market Positioning

For second-property purchasers who are Singapore Citizens, the 20% Additional Buyer's Stamp Duty (ABSD) applies to this transaction, effectively adding approximately S$226,000 to the acquisition cost of a unit priced at S$1.13 million. This taxation consideration requires careful financial planning and affects the gross outlay required to secure ownership. First-time buyers remain exempt from ABSD, making this address particularly attractive for upgraders moving from HDB flats in the two to three-bedroom range.

The resale HDB market in Tampines has demonstrated consistent demand momentum, sustained by the combination of established transport infrastructure, family-oriented amenities, and the east coast's ongoing popularity with expatriates and local professionals alike. Units at this address benefit from the Downtown Line's integration, which has fundamentally reshaped transport accessibility across eastern Singapore since its launch. Capital appreciation trajectories for four-bedroom flats in Tampines have historically tracked favourably, particularly when positioned within walking distance of MRT stations.

Financing and Affordability Metrics

At the S$1.13 million price point, financing requirements demand substantial monthly servicing capacity. Based on typical HDB mortgage terms of 25 years and prevailing interest rates, monthly loan repayments could exceed S$5,000 before insurance and other outgoings. The Total Debt Servicing Ratio (TDSR) framework, which caps household debt repayment obligations at 60% of gross monthly income, implies that purchasers should be targeting household incomes comfortably above S$100,000 annually to remain within prudent lending parameters.

CPF withdrawal limits for property purchase require careful consideration, as HDB loans up to S$450,000 can be entirely serviced from CPF Ordinary Account balances, with any amount above this threshold funded through cash or bank loans. The combination of CPF and bank financing remains the dominant pathway for HDB purchasers at this price level, necessitating that buyers maintain adequate cash reserves beyond their CPF entitlements.

Comparative Market Context

Four-bedroom HDB flats in Tampines occupy a distinct position within the resale market. Whilst some neighbouring precincts like Pasir Ris offer comparable unit types, the Tampines East location benefits from the established Downtown Line infrastructure and the district's long-standing reputation as a family destination. Newer Build-To-Order (BTO) projects in growth areas such as Sungei Bedok may offer lower entry prices, but these developments lack the mature infrastructure and established community networks that characterise Tampines.

Price-per-square-foot metrics for four-bedroom HDB flats in Tampines typically range between S$695 and S$750 per square foot in the resale market, positioning this address within the mid-to-upper tier of the district's offerings. Transactions in similar configurations within a two-kilometre radius have demonstrated consistent absorption, supporting the view that four-bedroom flats at this address sustain active enquiry flows from qualifying buyer cohorts.

Rental Yield and Investment Profile

For investors evaluating this address as a portfolio addition, rental yields in the Tampines four-bedroom segment typically hover between 2.5% and 3.2% gross annually, depending on precise unit configuration and market conditions. A unit priced at S$1.13 million could realistically command monthly rental income in the region of S$2,400 to S$3,000, equating to annual rental revenue of S$28,800 to S$36,000. Net yields after accounting for property tax, maintenance contributions to the management corporation, insurance, and allowances for vacancy periods typically settle between 1.8% and 2.4% annually.

The expatriate demographic continues to sustain robust demand for four-bedroom family homes throughout the eastern zone, with Tampines' proximity to business hubs in the Marina Bay and Changi corridors ensuring that professional renters maintain consistent interest. Investors should recognise that HDB lease decay begins to accelerate as the property approaches 80 years of age, necessitating realistic appraisals of long-term value retention when lease terms approach this threshold.

Lease Tenure and Long-Term Ownership Considerations

HDB flats are typically granted on a 99-year leasehold basis, meaning that properties built in the 1980s or earlier may possess lease durations approaching the 60 to 70-year mark depending on their exact construction date. Lease decay becomes a material factor in valuation and financing decisions once properties exceed 80 years of remaining tenure, as banks become reluctant to advance loans for such properties and buyer pools begin to contract. Prospective purchasers should verify the exact lease commencement date for units at this address and factor lease longevity into their long-term ownership or investment timeline.

The HDB's Lease Buyback Scheme offers a potential pathway for leaseholders approaching the final years of their tenure, though terms and eligibility criteria evolve periodically. Buyers at this address should incorporate lease tenure considerations into their financial planning, particularly if they anticipate holding the property beyond 30 or 40 years.

Suitability Across Buyer Segments

First-time buyers upgrading from smaller HDB configurations or private rental accommodation will find this address attractive provided they meet income and CPF entitlement criteria. The absence of ABSD for qualifying first-time purchasers effectively reduces acquisition costs compared to second-property acquisitions, enhancing affordability within this demographic.

Upgraders transitioning from two or three-bedroom flats to accommodate expanding families represent the core target market for this address. The additional bedroom and bathroom configurations align precisely with their spatial requirements, and the mature Tampines neighbourhood offers established schooling options and family-oriented amenities that support their household evolution.

High-net-worth individuals seeking HDB exposure as a rental investment typically analyse four-bedroom flats in proximity to MRT stations as yield-generating assets with lower absolute values than comparable private residential properties. The Tampines East location satisfies this criterion, offering institutional-grade rental stability without the premium valuations attached to four-bedroom units in central areas.

Transport Connectivity and Future Development

The Downtown Line's completion through Tampines has fundamentally enhanced connectivity to the city centre, with Tampines East MRT Station serving as a crucial nodal point for commuter flows. The seven-minute walking distance means that residents gain rapid access to this station without reliance on feeder bus services, a material advantage during peak commuting periods. Proposed extensions or enhancements to eastern corridor transport infrastructure remain under regular review by Singapore's transport planners, potentially further improving connectivity for residents of this address.

The Tampines precinct continues to receive sustained infrastructure investment, with ongoing retail and community facility upgrades reinforcing its position as an established residential destination. Whilst large-scale new supply in the immediate vicinity appears limited, the broader eastern zone continues to receive BTO launches in growth precincts such as Sungei Bedok, creating potential headwinds for pricing in more established areas like Tampines as newer stock reaches market.

Conclusion

230F Tampines Street 24 presents a substantive housing option for buyers seeking spacious four-bedroom accommodation within an established, well-connected residential precinct. The proximity to Tampines East MRT Station positions residents for efficient commuting across Singapore, whilst the mature neighbourhood infrastructure supports family living and professional pursuits. For upgraders, first-time buyers qualifying for HDB ownership, and investors seeking rental-generating assets, this address merits careful consideration within the broader context of your financial capacity, lease tenure requirements, and long-term property strategy.

Frequently Asked Questions

What is the estimated gross rental yield for a four-bedroom flat at 230F Tampines Street 24 purchased as an investment?

Four-bedroom HDB flats in the Tampines precinct typically generate gross annual rental yields between 2.5% and 3.2%, translating to monthly rental income of approximately S$2,400 to S$3,000 for a unit priced around S$1.13 million. This equates to annual rental revenue in the region of S$28,800 to S$36,000. After deducting property tax (generally around S$650 to S$800 annually for HDB), maintenance contributions to the management corporation (typically S$20 to S$25 monthly), insurance premiums, and prudent allowances for vacancy periods, net yields typically settle between 1.8% and 2.4% annually. The strong demand from expatriate families and professional renters in the eastern corridor sustains consistent absorption for four-bedroom units, particularly those positioned within walking distance of MRT stations like Tampines East.

How does the price per square foot for units at this address compare to recent transactions in Tampines?

Four-bedroom HDB flats in Tampines currently trade at price-per-square-foot valuations ranging between S$695 and S$750 per square foot in the resale market. At the S$1.13 million price point with an internal floor area of approximately 1,615 square feet, this address sits at approximately S$700 per square foot, positioning it within the mid-to-upper tier of four-bedroom offerings within the district. Recent comparable transactions in similar configurations within a two-kilometre radius have demonstrated consistent pricing within this range, suggesting that the market has established a sustainable equilibrium for units of this size and specification. Variations above or below this benchmark typically reflect individual unit characteristics such as floor level, orientation, renovation condition, and proximity to high-traffic areas within the block.

What Additional Buyer's Stamp Duty (ABSD) implications apply to second-property purchasers?

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price. For a unit priced at S$1.13 million, this adds approximately S$226,000 to the total acquisition cost, materially affecting cash flow planning and the gross outlay required to complete the purchase. This ABSD is payable in addition to standard Buyer's Stamp Duty and must be settled at the Land Titles Registry upon completion. First-time HDB buyers remain exempt from ABSD, making this address significantly more affordable for upgraders who have not previously owned property. Second-property investors must factor the 20% ABSD into their investment appraisal, as it materially impacts the return on capital required to justify the acquisition relative to alternative investment vehicles.

What lease decay risks and resale value implications should buyers at this address anticipate?

The critical lease decay threshold for HDB properties occurs at 80 years of remaining tenure, after which both financing availability and buyer pool begin to contract materially. Prospective purchasers should verify the exact lease commencement date for units at 230F Tampines Street 24 to establish current remaining lease duration and project when—if at all—the property may approach this threshold during their intended ownership period. Properties with remaining lease below 80 years experience accelerating valuation compression as mortgagees become reluctant to advance substantial loans, effectively restricting the buyer pool to cash purchasers or those with limited financing requirements. The HDB's Lease Buyback Scheme provides a potential mitigation pathway for leaseholders approaching the final decades of their tenure, though terms and eligibility criteria remain subject to periodic revision. For investors with 30 to 40-year holding horizons, lease decay represents a material long-term consideration that should inform purchase decisions and financial modelling.

How does proximity to Tampines East MRT Station (DT33) affect demand and capital appreciation?

The seven-minute walking distance (approximately 590 metres) to Tampines East MRT Station positions residents for efficient commuting without reliance on feeder bus services, a material quality-of-life advantage during peak periods and inclement weather. The Downtown Line's integration through Tampines has fundamentally reshaped transport accessibility and property valuations across the eastern precinct, creating a noticeable premium for units positioned within 800 metres of station entrances. Capital appreciation for four-bedroom flats in Tampines has historically tracked favourably, sustained by consistent demand from expatriate families, upgraders, and professional commuters prioritising station proximity. The station's southbound connectivity to Marina Bay and northbound extension through the eastern corridor creates institutional-grade employment linkages that underpin sustained rental demand. Properties positioned beyond the 15-minute walk threshold typically experience measurably lower demand and capital appreciation trajectories, suggesting that MRT proximity represents a material value determinant for this address.

Which buyer profiles are best suited to purchase four-bedroom flats at this address?

First-time HDB buyers upgrading from rental accommodation or smaller two-bedroom units represent the core target demographic, provided they meet HDB income eligibility criteria and CPF entitlement requirements. The absence of ABSD for qualifying first-time purchasers significantly enhances affordability compared to second-property acquisitions. Upgraders with expanding families transitioning from two or three-bedroom flats constitute the second major demographic, seeking the additional bedroom and bathroom configurations necessary to accommodate children and multigenerational living arrangements. High-net-worth investors targeting HDB properties as rental-generating assets with institutional-grade stability typically analyse four-bedroom flats in MRT-proximate locations like this address as yield-generating portfolio components. Expatriate families with extended tenure assignments in Singapore often purchase or rent such units, sustaining robust demand across rental and ownership segments. Retirees downsizing from larger private residential properties whilst seeking to maintain substantial living space also constitute an emerging buyer cohort for this property typology.

What TDSR headroom should purchasers anticipate at the typical S$1.13 million price point?

At the S$1.13 million price point with a typical 25-year HDB mortgage tenure and prevailing interest rates, monthly loan repayments could exceed S$5,000 before accounting for insurance and maintenance contributions. The Total Debt Servicing Ratio (TDSR) framework, which caps total household debt repayment obligations at 60% of gross monthly income, implies that purchasers should target household incomes comfortably above S$100,000 annually to remain within prudent lending parameters. For a dual-income household with combined gross income of S$120,000 annually (S$10,000 monthly), the 60% TDSR cap permits total monthly debt servicing of S$6,000, leaving approximately S$1,000 of headroom after an S$5,000 mortgage repayment to accommodate other loan obligations such as vehicle financing or consumer credit. First-time buyers should anticipate that banks will stress-test mortgage affordability based on elevated interest rate scenarios, potentially modelling repayments at 3.5% to 4.0% rather than the prevailing rate environment. Purchasers with existing debt obligations such as car loans or personal credit facilities will experience reduced financing headroom, necessitating debt consolidation or accelerated repayment prior to mortgage drawdown.

How does this address compare to competing four-bedroom HDB developments in the eastern corridor?

Nearby precincts such as Pasir Ris offer comparable four-bedroom unit types at broadly similar price points, though Tampines benefits from a longer-established residential infrastructure and community networks that have matured across four decades. Newer Build-To-Order (BTO) projects in emerging growth areas such as Sungei Bedok may offer lower entry prices—potentially 15% to 25% below comparable Tampines pricing—but these developments lack mature amenities, established schooling ecosystems, and institutional-grade rental demand that characterises consolidated precincts. The Tampines East MRT Station represents a significant competitive advantage relative to older estates in the eastern corridor that lack modern rail integration or depend on legacy feeder bus services. Recent BTO launches in the eastern zone have received strong application volumes, potentially moderating future pricing demand for established HDB stock as newer inventory reaches the resale market. However, Tampines' long-standing reputation, comprehensive family-oriented infrastructure, and established expatriate residential concentration continue to sustain demand differentiation relative to emerging precincts that remain in early infrastructure development phases.

Which unit stack or floor level typically provides the best value within four-bedroom configurations at this address?

Mid-level units spanning floors 5 to 12 typically deliver optimal value propositions for four-bedroom flats, balancing accessibility advantages (avoiding extremely high-level unit logistics for families with young children) against premium pricing commanded by low-level units with direct accessibility and reduced lift wait times. Lower-level units (floors 2 to 4) command pricing premiums of 3% to 5% relative to mid-level comparables due to reduced lift dependency, making them attractive for elderly residents and families with mobility considerations, though they experience marginally higher ambient noise and reduced natural ventilation. Units on floors 13 and above typically command modest premiums of 2% to 4% for enhanced views and natural light, though these advantages prove marginal for HDB contexts and fail to justify the premium for typical homeowner or investor profiles. South or south-east facing units typically command modest pricing advantages of 2% to 3% for enhanced natural light throughout mid-to-late afternoon periods, though north-facing orientations reduce solar heat gain and prove advantageous in Singapore's equatorial climate. Units positioned at the terminus of corridors or in corner positions typically offer enhanced natural ventilation and reduced ambient noise relative to central corridor positions, justifying modest pricing premiums and generating superior rental appeal for expatriate families prioritising indoor environmental quality.

What future supply pipeline considerations might affect property values in the Tampines district?

The broader eastern corridor continues to receive significant BTO supply allocations in emerging precincts such as Sungei Bedok, where new four-bedroom units may enter the resale market at 15% to 25% discounts relative to consolidated Tampines pricing within five to seven years of completion. This new-supply pipeline creates potential headwinds for appreciation in established precincts as buyer pools migrate toward newer inventory with modern finishes, contemporary design standards, and full lease durations. However, Tampines' institutional-grade investment status, mature infrastructure, and established community networks position it to absorb this competitive pressure more effectively than peripheral estates lacking similar consolidation. HDB's Build-To-Order programme continues to deselect new four-bedroom configurations in favour of smaller typologies (two and three-bedroom units), suggesting that new supply of large family units will become progressively scarcer across the public housing system. This supply constraint for four-bedroom HDB flats may provide long-term valuation support for established units at addresses like 230F Tampines Street 24, as demographic demand for larger family configurations remains robust whilst policy-driven new supply becomes increasingly restricted. Urban densification initiatives and potential intensification of development in the Tampines precinct could moderate valuation upside, though planning constraints and established community expectations typically moderate development intensity within consolidated residential areas.

[For Sale] Hdb Flat At 230F Tampines Street 24 — From S$1.1M