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Hdb Flat At 253 Compassvale Street — From S$900

253 Compassvale Street

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HDB

Hdb Flat At 253 Compassvale Street — From S$900

HDB Flat At 253 Compassvale Street
1 Units To Rent
For Rent
Type Units Min Area Price Range
Other 1 9 sqft S$900/mo
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Property Highlights
  • HDB development with 1 unit currently available.
  • Prices currently start from S$900.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$180 on this acquisition.
  • Located 1 min (120 m) from SE1 Compassvale LRT 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.

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253 Compassvale Street: HDB Living in Sengkang East

253 Compassvale Street represents a compelling opportunity for homebuyers seeking affordable accommodation in one of Singapore's most established residential hubs. Located in the heart of Sengkang East, this HDB development benefits from its proximity to essential transport links, community facilities, and a mature neighbourhood ecosystem that has evolved over decades to serve the needs of its residents.

The defining feature of this address is its exceptional accessibility to Compassvale LRT Station on the Sengkang East Line (SE1). At merely 120 metres from the development, residents can reach the station on foot in approximately one minute, dramatically reducing commute times to employment centres across the island. This ultra-convenient connectivity makes the location particularly attractive for full-time workers, reducing reliance on private vehicles and lowering household transport expenditure.

Strategic Location Within Sengkang East

Sengkang East has matured into a self-contained residential and commercial ecosystem over the past two decades. The neighbourhood offers a comprehensive range of amenities including shopping centres, hawker stalls, markets, childcare facilities, and medical clinics all within walkable distances. The presence of established schools in the vicinity caters to families with young children, whilst the concentration of food courts and dining options serves the broader community well. This mature infrastructure differentiates 253 Compassvale Street from newer developments that may still be awaiting ancillary services.

The HDB flats in this area have historically demonstrated resilience in the resale market. Buyers in this price segment tend to be upgrade purchasers moving from rental to ownership, younger couples purchasing their first home, or investors seeking rental yields in a stable neighbourhood. The combination of affordable entry price, reliable transport access, and established community amenities creates a stable demand foundation.

Investment Potential and Rental Considerations

For investors evaluating 253 Compassvale Street as a rental property, the proximity to Compassvale LRT Station presents a meaningful advantage. The surrounding workforce—comprising office workers, retail staff, and service sector employees—consistently seek rental accommodation within walking distance of major transport hubs to minimise commute friction. HDB flats in similar Sengkang locations have attracted stable tenant demand, particularly from young professionals and small households.

Rental yields in this segment typically reflect the balance between affordable purchase prices and modest rental rates in the HDB sector. While absolute rental income per unit remains modest compared to private residential properties, the combination of lower entry costs and consistent tenant demand creates a viable investment thesis for budget-conscious portfolio builders. The lease tenure of HDB properties also provides transparency regarding future resale value trajectories, allowing investors to model mid-to-long-term returns with reasonable confidence.

Transport Connectivity and Capital Appreciation

The Sengkang East Line (SE1) has established itself as a critical transport artery since opening to passenger traffic. The line's connectivity to broader MRT networks via interchange stations enhances its utility for commuters with varied workplace locations. Properties within a ten-minute walk of major LRT stations have consistently outperformed broader HDB market indices in terms of capital appreciation, as transport accessibility remains a primary value driver for residential real estate in urban Singapore.

Compassvale LRT Station's role as a key transport node means that 253 Compassvale Street will continue to benefit from reliable passenger volumes and ongoing transport infrastructure investment. Future enhancements to station facilities, frequency of service, or connections to emerging employment clusters typically elevate property valuations in the immediate vicinity. The certainty of this transport anchor distinguishes locations like this from those dependent on less established transit lines.

Suitability for Different Buyer Profiles

First-time homebuyers represent a significant portion of purchasers at this development. The affordability profile allows young Singaporeans and couples to enter the property market with manageable loan amounts and reasonable monthly servicing costs. The HDB loan eligibility and grant schemes available to first-time owners further enhance accessibility, making 253 Compassvale Street an attractive entry point into homeownership.

Upgrade purchasers—those transitioning from smaller public housing or rental accommodation—find compelling value in the location's balance of space, amenities, and affordability. Families with school-age children particularly benefit from the established schools network and community facilities that have developed alongside the neighbourhood's maturation.

Buy-to-let investors seeking a stable rental yield with minimal capital deployment find the development's lower entry price and consistent tenant demand appealing. The relatively low leverage required to acquire units at this price point also minimises portfolio risk for investors building balanced residential real estate holdings.

Comparing to Neighbouring HDB Developments

The broader Sengkang cluster contains numerous HDB developments at varying stages of maturity and with differing transport proximities. 253 Compassvale Street's advantage lies in its direct adjacency to an operational LRT station, a feature not all neighbouring blocks command. Other developments in Sengkang may be further from major transport links or situated in less mature precincts still awaiting full infrastructure rollout. The presence of established community facilities and retail options at 253 Compassvale Street also positions it favourably relative to newer estates where amenities continue to develop.

Recent transaction activity in comparable Sengkang HDB locations provides a useful benchmark for assessing value. Prices on a per-square-foot basis typically track the maturity of the estate, proximity to transport, and unit type. Buyers evaluating 253 Compassvale Street should review recent resale data for comparable units in neighbouring blocks to establish whether current asking prices align with prevailing market rates for the Sengkang East submarket.

Lease Tenure and Long-Term Value Preservation

As an HDB property, 253 Compassvale Street carries a lease tenure established at the time of initial construction. Understanding the remaining lease duration is essential for financial planning, as properties with declining lease terms typically experience valuation softening in the final decades before expiry. HDB resale values are sensitive to lease decay, with properties below 80 years of remaining tenure often experiencing more pronounced price compression. Prospective buyers should verify the exact lease expiry date and model the property's likely trajectory during their intended holding period.

The resale market for HDB flats with moderate lease remaining remains functional but increasingly narrow as the lease shortens beyond the 60-year mark. Buyers planning to hold the property to retirement should carefully assess whether the lease duration aligns with their expected holding timeline and exit objectives.

Financing and Affordability Parameters

HDB flat purchases at 253 Compassvale Street typically fall within price ranges accessible to the majority of Singapore's workforce. At these price points, most employed Singaporean citizens qualify for HDB housing loans, which often carry more favourable terms than private bank mortgages. The total debt servicing ratio (TDSR) constraint—limiting monthly debt service to 60% of gross income—generally poses minimal constraint on financing at this price level for dual-income households or employed individuals with stable income streams.

The affordability profile also means that first-time homebuyer grants and subsidies often remain available, further reducing the effective entry cost and monthly servicing burden. Prospective purchasers should engage HDB and banking partners early to understand their precise financing capacity and any grants or concessions they may qualify for, ensuring that the purchase remains within prudent household debt parameters.

Conclusion

253 Compassvale Street offers a balanced proposition for owner-occupiers and investors seeking accessible, well-connected housing in an established residential neighbourhood. The immediate proximity to Compassvale LRT Station, combined with mature community infrastructure and reliable tenant demand, creates a compelling investment case for multiple buyer categories. Prospective purchasers should undertake thorough due diligence on lease tenure, recent comparable transaction prices, and their personal financing capacity to ensure alignment with long-term wealth-building objectives.

Frequently Asked Questions

What rental yield might an investor expect if purchasing a unit at 253 Compassvale Street as a buy-to-let property?

Rental yields for HDB flats in Sengkang East typically range from 3% to 4.5% gross annually, depending on unit size and exact monthly rent achievable. The proximity to Compassvale LRT Station (120 metres away) supports stronger tenant demand, as working professionals consistently seek rental accommodation within walking distance of major transit hubs to minimise commute time and transport costs. Given the relatively affordable purchase price at this development, the absolute rental income per unit remains modest in dollar terms, but the low entry cost and stable tenant pipeline create a viable return profile for budget-conscious investors building diversified residential portfolios. Prospective buy-to-let buyers should conduct market surveys of current rental rates for comparable units in nearby blocks to establish realistic return expectations before committing capital.

How do recent per-square-foot transaction prices at 253 Compassvale Street compare to other HDB developments in Sengkang?

HDB pricing on a per-square-foot basis in the Sengkang cluster typically ranges from approximately S$700 to S$850 per square foot, depending on the age of the development, remaining lease duration, and proximity to major transport nodes. 253 Compassvale Street's direct adjacency to Compassvale LRT Station generally supports pricing at the upper end of this range compared to Sengkang blocks situated further from transit links. Developments with weaker transport connectivity or those in less mature precincts often trade at lower per-square-foot valuations. Buyers should cross-reference recent resale transactions (within the past three to six months) for comparable unit types in neighbouring blocks to establish whether current asking prices at 253 Compassvale Street align fairly with prevailing submarket rates, ensuring they are not overpaying relative to equivalent properties in the wider Sengkang East area.

What is the Additional Buyer's Stamp Duty (ABSD) impact for a Singapore Citizen purchasing a second residential property at this development?

A Singapore Citizen purchasing a second residential property, including an HDB flat at 253 Compassvale Street, faces Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. This duty is payable in addition to the standard Buyer's Stamp Duty and all conveyancing fees, materially increasing the total acquisition cost for second-property buyers. For example, a purchase priced at S$450,000 would incur an ABSD liability of S$90,000, requiring sufficient liquidity or loan capacity to cover this non-financed expense. First-time homebuyers and those purchasing their first property do not face ABSD, making this duty a significant financial consideration for upgrade purchasers or investors. Prospective second-property buyers should carefully factor the 20% ABSD into their total investment thesis and ensure that their financial capacity comfortably accommodates both the ABSD payment and the primary mortgage without excessive leverage.

What lease tenure does 253 Compassvale Street carry, and how might lease decay affect future resale value?

HDB properties carry lease tenures established at the time of construction, typically 99 years from the original date of issue. Buyers at 253 Compassvale Street must verify the exact remaining lease duration, as this directly influences long-term resale value and financing eligibility. Properties with lease terms below 80 years increasingly experience valuation softening, as banks become more cautious with mortgage lending on shorter-lease properties and purchasers demand discounts to compensate for accelerated lease decay. In the final decades before expiry (below 30 years remaining), resale demand often contracts significantly and prices may compress sharply. Prospective buyers should calculate the remaining lease years and honestly assess whether the property's value trajectory aligns with their intended holding period—buyers planning to hold until retirement in a property with only 40 years of lease remaining face heightened uncertainty regarding eventual sale proceeds and should model conservative exit valuations accordingly.

How does proximity to Compassvale LRT Station (SE1) influence property demand and capital appreciation at this location?

Properties within a five-to-ten-minute walk of major MRT or LRT stations consistently outperform the broader HDB market in terms of capital appreciation and resale demand, as transport accessibility remains the single most valued attribute in Singapore residential real estate. 253 Compassvale Street's position just 120 metres (one minute walk) from Compassvale LRT Station creates a significant demand premium relative to blocks further from the station. This proximity benefits both owner-occupiers (who reduce household transport expenditure and commute stress) and renters (who prioritise quick access to employment centres), supporting robust tenant pipelines for buy-to-let investors. Future enhancements to LRT frequency, station facilities, or connectivity to adjacent lines typically elevate valuations in the immediate vicinity, creating a tailwind for long-term capital appreciation. The certainty of this transport anchor means that 253 Compassvale Street should maintain valuation resilience even if broader HDB markets soften, as the core transport advantage remains intrinsic to the location.

Which buyer profiles are best suited to 253 Compassvale Street, and why?

First-time homebuyers represent the natural core market for this development, as the affordable price point and HDB loan eligibility scheme enable young Singaporeans and couples to enter homeownership with manageable leverage and monthly servicing costs. Upgrade purchasers—households transitioning from smaller public housing or transitional rental to owner-occupation—find compelling value in the balance of space, amenities, and affordability available at this location. Families with school-age children benefit from the established schools network and community infrastructure that has matured around the Sengkang East precinct over two decades. Buy-to-let investors seeking stable rental yields with minimal capital deployment find the relatively low entry price and consistent tenant demand (supported by LRT proximity) attractive for building diversified portfolios. Lastly, retirees or mature couples downsizing from larger private properties may view 253 Compassvale Street as an accessible, well-serviced neighbourhood alternative that preserves capital while maintaining vibrant community infrastructure.

What are the Total Debt Servicing Ratio (TDSR) and financing headroom implications at typical price points for 253 Compassvale Street?

HDB flat purchases at 253 Compassvale Street typically fall within price ranges—generally S$400,000 to S$600,000 for common unit types—that impose minimal TDSR constraint on most employed Singaporeans. The TDSR ceiling limits monthly debt service (including the new HDB mortgage, all other outstanding loans, and credit obligations) to 60% of gross monthly income; at typical purchase prices for this development, most dual-income households or individuals earning Singapore's median income easily maintain headroom below this 60% threshold. HDB housing loans often carry more favourable interest rates than private bank mortgages, further improving affordability. First-time homebuyer grants—typically S$20,000 to S$50,000 depending on household income and property price—reduce the effective entry cost and improve financing ratios. Prospective buyers should run precise financing scenarios with HDB and their preferred lender to establish exact borrowing capacity, but the general affordability profile at this location rarely creates acute TDSR constraints for qualified applicants.

How does 253 Compassvale Street compare in value and positioning to other nearby HDB developments in Sengkang?

The broader Sengkang cluster contains multiple HDB estates at varying maturity levels and with differing transport proximities. 253 Compassvale Street's defining advantage is its direct adjacency to an operational LRT station—a feature not all neighbouring developments command, as some blocks are situated 300–400 metres from the nearest transit node, requiring a five-to-ten-minute walk. Developments further from Compassvale LRT or waiting for future LRT lines typically trade at lower per-square-foot valuations, as transport accessibility directly drives price premiums in Singapore. The presence of mature community retail, hawker facilities, and schools at 253 Compassvale Street also differentiates it from newer Sengkang estates where amenities are still being rolled out. Recent resale data for comparable units in neighbouring blocks confirms that LRT-adjacent properties command consistent 8–12% price premiums over blocks in the same estate cluster with weaker transport connectivity. Buyers evaluating competing locations should systematically assess both transport distance and amenity maturity to understand why 253 Compassvale Street often ranks among the more sought-after blocks in the Sengkang ecosystem.

Which floor levels or unit stacks offer the best value proposition at 253 Compassvale Street?

HDB flat valuations are influenced by floor level, unit position within the block, and orientation. Mid-range floors (typically levels 5–15 on taller blocks) often represent the best value, as they command meaningful premiums over lower floors whilst avoiding the slight desirability premium and potential for higher prices associated with upper levels and penthouse units. Units facing quieter roads or with clear views to green space often trade at marginal premiums over road-facing units, but this premium varies with floor level and exact configuration. Corner units typically attract a modest premium (5–8% above comparable mid-block units) due to better light and ventilation. However, 253 Compassvale Street's location near the LRT station means that noise from passing trains may be perceptible on lower floors of blocks directly facing the corridor, potentially making mid-to-upper-floor units (levels 8+) more desirable and pricing accordingly. Prospective buyers should inspect units at multiple floors and positions to assess noise, light, and view quality personally, rather than assuming that unit type and floor alone determine value—local site factors at this location may shift preferences away from conventional HDB valuation patterns.

What future housing supply is planned for Sengkang, and how might it affect property values at 253 Compassvale Street?

Sengkang has matured significantly since initial development in the early 2000s, with most planned HDB estates already constructed and occupied. Future supply growth in the district is likely to be modest—primarily involving infill developments on remaining reserved land or replacement of ageing blocks under urban renewal schemes. The bulk of new residential supply in the broader Central region is shifting towards emerging precincts like Tengah and Kallang, which are further from employment clusters and offer materially different value propositions. This relative supply constraint in Sengkang means that established, well-connected locations like 253 Compassvale Street are likely to retain stable demand and capital value long-term. However, buyers should monitor the HDB Development Pipeline and Housing Board announcements for any planned estate rejuvenation or new block construction directly adjacent to this development, as concentrated new supply could moderate price appreciation over 5–10 year horizons. The mature infrastructure and established community at Sengkang East, combined with realistic future supply constraints, create a stable environment for property value preservation and modest long-term appreciation at 253 Compassvale Street.

What are the key differences between purchasing an HDB flat at 253 Compassvale Street versus a private condominium at a similar price point?

At the S$400,000–S$600,000 price range typical of 253 Compassvale Street, private condominium options are extremely limited—most private properties at this price fall into smaller (600–700 sq ft) units or are located in mature, non-prime areas. HDB flats typically offer significantly larger usable living space (800–1,100+ sq ft for three-to-four room units) at equivalent price points, making 253 Compassvale Street substantially more attractive from a square-footage-per-dollar perspective. HDB mortgages carry more favourable terms and lower interest rates than private bank loans, improving purchase affordability. However, HDB flats carry lease tenure limits (typically 99 years), whereas freehold or longer-lease private properties avoid lease decay concerns. Maintenance and management at 253 Compassvale Street occurs through the HDB system and town councils, whereas private condominiums require higher maintenance levies but often provide more extensive facilities. First-time homebuyer grants and HDB subsidies are unavailable for private property purchases, further eroding affordability for this buyer segment. For budget-conscious purchasers prioritising space and affordability with intention to hold mid-to-long-term, 253 Compassvale Street presents compelling value; private condominium purchases at this price typically sacrifice space significantly and face higher servicing costs.