- HDB development with 1 unit currently available.
- Prices currently start from S$780K.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$156K on this acquisition.
- Located 8 min (670 m) from NE16 Sengkang MRT Station.
- 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.
Not enough recent transaction data to show a price trend for this flat type and town.
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236 Compassvale Walk: A Mature HDB Community in Sengkang
Located at 236 Compassvale Walk, this established Housing and Development Board development serves as a cornerstone residential address in the Sengkang precinct of Singapore's North-East region. The estate has matured into a well-established neighbourhood, characterised by its blend of residential stability and modern amenities that appeal to a diverse cross-section of property buyers. The development sits within a ten-minute walk of NE16 Sengkang MRT Station, positioning residents within easy reach of the North-East Line network and the broader island transport infrastructure.
The units at 236 Compassvale Walk encompass a range of configurations designed to accommodate different household compositions and lifestyle requirements. Properties available within this development span multiple bedroom counts and floor area specifications, with individual units ranging up to approximately 1,323 square feet. This variety ensures that prospective occupiers—whether upgrading from smaller accommodation, establishing their first permanent residence, or acquiring an investment asset—can identify a layout and size aligned with their specific needs and financial parameters.
Strategic Location and Transport Connectivity
Proximity to Sengkang MRT Station represents a material advantage for residents and investors alike. The station's placement on the North-East Line connects commuters directly to the central business district, major employment clusters, and educational institutions across Singapore. Journey times to key destinations such as Raffles Place, Marina Bay, and Ang Mo Kio remain competitive, supporting both daily commuting patterns and broader lifestyle accessibility. The eight-minute walking distance from the development to the station entrance reinforces the convenience factor, particularly for working professionals and students who rely on rapid public transport.
Beyond rail connectivity, the Sengkang estate benefits from comprehensive bus service coverage, regional roads including the Sengkang-Punggol corridor, and future infrastructure developments planned for the broader North-East region. These transport networks enhance the economic appeal of the location for both owner-occupiers seeking convenient commuting and investors targeting tenants prioritising accessibility.
Estate Amenities and Neighbourhood Character
The Sengkang residential precinct has evolved into a mature, fully-serviced community with substantial retail, dining, and recreational infrastructure. Within proximity of 236 Compassvale Walk, residents access shopping centres, hawker complexes, supermarkets, and dining establishments that characterise a developed HDB neighbourhood. The estate also incorporates green spaces, sports facilities, and community centres that contribute to lifestyle quality and social cohesion within the residential environment.
Educational facilities within the immediate catchment include primary and secondary schools, supporting families with school-age children. Healthcare services, including polyclinics and private medical practitioners, are distributed throughout the estate, ensuring residents maintain convenient access to routine and specialist medical care. This comprehensive amenities base has historically supported sustained residential demand and stable rental uptake across the Sengkang estate.
Investment Perspective and Rental Dynamics
Properties at 236 Compassvale Walk have historically attracted investor interest, driven by reliable rental demand from working professionals, young families, and expatriate tenants seeking HDB accommodation in well-connected locations. The proximity to Sengkang MRT Station, combined with the estate's mature infrastructure and stable residential character, positions units favourably within the rental market. Investors evaluating acquisition typically benefit from consistent occupancy rates and competitive rental yields characteristic of established estates in proximity to major transport nodes.
Rental demand in this segment remains supported by Singapore's ongoing employment growth in business, technology, and professional services sectors, many of which maintain significant North-East region presence. The development's accessibility to Changi Airport, the Port, and the Loyang industrial estate via the broader transport network further underpins tenant demand from logistics, maritime, and industrial sector workers.
Buyer Profiles and Market Positioning
The 236 Compassvale Walk development appeals across multiple buyer segments. First-time buyers benefit from the established neighbourhood character, reasonable entry price points, and straightforward financing pathways characteristic of HDB resale properties. Upgraders moving from smaller units or less connected locations find the varied unit configurations and proximity to employment centres compelling. Investors acquire properties targeting the reliable tenant base and manageable management complexity associated with established HDB estates.
High-net-worth individuals occasionally acquire HDB units within this category as portfolio diversification or as staging properties for family members entering Singapore's residential market. The straightforward legal structure of HDB tenure and transparent transaction processes suit investors seeking uncomplicated property holdings without significant management overhead.
Pricing, Financing, and Acquisition Costs
Current pricing within the development commences from approximately S$780,000, positioning 236 Compassvale Walk competitively relative to comparable HDB resale stock in established North-East locations. Purchasers should factor acquisition costs including stamp duty, legal fees, and survey charges into their financial planning. For Singapore Citizens acquiring their second residential property, Additional Buyer's Stamp Duty at the current rate of 20% applies to the purchase price, materially increasing the total cost of acquisition for investor-focused buyers.
Financing accessibility remains straightforward for HDB resale properties, with most banks offering loans up to 80% of the purchase price for owner-occupiers and up to 75% for investment properties. Total Debt Service Ratio considerations apply to financed acquisitions, with most lending institutions maintaining TDSR caps at approximately 60% of gross household income, ensuring that mortgages remain sustainable within borrowers' broader financial commitments.
Lease Tenure and Long-Term Value Considerations
HDB flats maintain 99-year leasehold tenure, a structural characteristic that distinguishes HDB properties from private freehold and 999-year leasehold alternatives. The 99-year lease provides ample tenure for primary residence occupancy and medium-term investment horizons. However, investors acquiring 236 Compassvale Walk units should recognise that lease decay becomes increasingly material as properties approach the latter decades of the lease term. Properties currently offered represent leases with substantial remaining duration, positioning them favourably relative to older stock requiring imminent lease renewal.
Resale value trajectories for HDB properties have historically aligned with broader property market cycles, though lease remaining becomes a material valuation factor as properties age. The current lease position of units within this development supports sustained capital appreciation potential and favourable refinancing conditions throughout typical investment holding periods.
Comparable Market Context
The North-East region encompasses competing HDB developments at similar price points and connectivity levels, including estates throughout Sengkang, Punggol, and adjacent precincts. Recent transactional activity in comparable locations has established market pricing that 236 Compassvale Walk units appear positioned within, suggesting fair value relative to alternatives. Prospective buyers benefit from assessing price per square foot metrics across multiple developments to validate positioning and identify any valuation anomalies warranting deeper investigation.
The availability of multiple options within the broader Sengkang estate reinforces competitive market conditions that ultimately support buyer due diligence and informed decision-making. Properties at 236 Compassvale Walk must compete on location, condition, and configuration against broader estate stock, encouraging transparent valuation and preventing systematic overpricing.