Type

Units

Min Area

Price Range

3 BR

1302 sqft

S$798K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$798K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$160K 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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290E Bukit Batok Street 24: A Mature HDB Development in Central West Singapore

290E Bukit Batok Street 24 stands as an established Housing and Development Board estate within one of Singapore's most well-regarded mature residential precincts. Located in the Bukit Batok district, this development offers a collection of spacious three-bedroom flats that cater to families, upgraders, and discerning buyers seeking substantial living space in a consolidated neighbourhood. The development benefits from decades of community establishment, with proven infrastructure and neighbourhood stability that appeals to a broad demographic of property seekers.

The HDB flats at this address are characterised by generous floor areas, with units offering approximately 1,302 square feet of usable space. This size category positions the development as an attractive option for households requiring comfortable proportions without the premium pricing of private residential stock. The two-bathroom configuration adds practical value for multi-generational or busy family compositions, reducing pressure during peak morning routines and improving overall domestic convenience.

Location and Accessibility in Bukit Batok

Bukit Batok has established itself as a highly desirable residential locality, combining suburban tranquility with urban accessibility. The area is characterised by tree-lined streets, well-maintained public spaces, and a mature community infrastructure that supports long-term residential stability. Proximity to local shopping centres, hawker facilities, and recreational amenities means residents enjoy practical convenience without sacrificing neighbourhood character. The district has consistently demonstrated resilience in property values, reflecting sustained demand from families and upgraders who prioritise stability and community heritage.

The neighbourhood's maturity translates into predictable amenities, established schools within walking distance, and a sense of place that newer estates often require years to develop. This factor becomes particularly relevant for families with school-age children or buyers prioritising neighbourhood cohesion and long-term social capital. The community has benefited from decades of HDB estate management and planning, resulting in well-appointed common areas and neighbour networks that enhance quality of life.

Pricing and Market Position

Current asking prices from S$798,000 reflect competitive positioning within the Bukit Batok secondary market. This price point represents substantial value for the floor area and amenities delivered, particularly when compared to private residential alternatives offering equivalent square meterage. Buyers evaluating this development against newer or privatised options will recognise the cost advantage whilst accepting the trade-offs inherent in HDB stock, namely fixed lease tenure and regulatory constraints on ownership.

The pricing structure acknowledges both the development's maturity and its fundamental sound construction. HDB flats of this vintage typically benefit from proven durability and established repair networks, meaning long-term maintenance costs are predictable and often lower than experimental or bespoke private developments. For investment-minded purchasers, this predictability translates into lower risk profiles and more reliable cash flow projections.

Investment Potential and Rental Market Dynamics

The Bukit Batok precinct has historically supported healthy rental demand, driven by its proximity to employment nodes and its established community infrastructure. Three-bedroom units in mature estates command consistent interest from tenants seeking value for money without sacrificing space, making this development suitable for buy-to-let investors. Rental yields in this district typically track between 2.5% and 3.5% gross, depending on exact unit configuration and market conditions, though prospective investors should conduct bespoke analysis based on current market data.

The stability of the neighbourhood provides a buffer against rental demand volatility. Unlike developments in transitional areas, Bukit Batok has shown resilience through economic cycles, with consistent tenant interest from corporate renters, young families, and expatriates seeking established residential environments. This stability reduces vacancy risk and supports year-on-year rent growth in line with broader HDB market trends.

Suitability for Different Buyer Profiles

First-time buyers evaluating this development benefit from lower entry pricing compared to private housing, combined with the security of HDB ownership frameworks and transparent resale regulations. The floor area provides ample space for young families or couples planning to grow, whilst the established infrastructure eliminates renovation risk or speculative outcomes. Financial accessibility represents a key advantage, with loan-to-value ratios typically more favourable for HDB stock than comparable private units.

Upgraders moving from smaller two-bedroom configurations will appreciate the additional living space and improved bathroom provision that three-bedroom units deliver. The mature estate environment appeals particularly to families with children, who benefit from established schools, playgrounds, and community structures already embedded within the neighbourhood. For investors, the proven rental market and price stability offer predictable returns without speculative exposure.

Lease Considerations and Long-Term Value Preservation

Like all HDB stock, units at 290E Bukit Batok Street 24 operate under fixed lease tenure arrangements set by the Housing and Development Board. Understanding lease decay mechanics becomes essential for long-term ownership planning, particularly for buyers holding properties through significant time horizons. The development's established position means historical resale data provides clarity on price trajectories as lease durations contract, enabling informed valuation forecasting for future dispositions.

HDB flats typically maintain stronger residual values during mid-lease periods (60-80 years remaining) compared to very long or very short lease durations. Buyers should factor lease decay into their investment thesis, recognising that holding periods and refinancing timelines should align with lease depreciation profiles. This consideration does not diminish the development's value proposition but rather contextualises it within HDB-specific ownership frameworks that differ fundamentally from freehold private property.

Financing and Affordability Metrics

Most institutional lenders extend competitive loan packages for HDB purchases, with loan-to-value ratios often reaching 80-85% depending on borrower profile and property valuation. At the current price point from S$798,000, buyers should anticipate debt-service-to-income-ratio considerations requiring household income thresholds typically in the S$5,000 to S$6,500 monthly range, depending on existing obligations and number of dependents. Total debt servicing should remain below 60% of gross household income to maintain financial flexibility.

First-time buyers may benefit from Enhanced Central Provident Fund (CPF) withdrawal provisions, which can substantially reduce cash downpayment requirements. The combination of HDB pricing accessibility and favourable CPF utilisation rules has historically made this development segment particularly attractive to young families initiating homeownership journeys. Buyers should consult qualified mortgage advisors to optimise financing structures according to their specific circumstances.

Comparative Context Within the Bukit Batok Market

The Bukit Batok precinct contains numerous HDB developments spanning different construction eras and architectural typologies. 290E Bukit Batok Street 24 competes directly with neighbouring blocks offering comparable floor areas and configurations, with price differentials typically reflecting minor variations in unit orientation, floor level, or minor facility upgrades. Understanding these micro-differentials helps buyers identify relative value opportunities within the immediate locality.

Neighbouring developments in the same district and similar age cohort have demonstrated consistent resale pricing patterns, providing reference points for valuation benchmarking. Buyers evaluating this specific address should cross-reference recent transaction history in adjacent blocks to confirm asking prices align with demonstrated market rates. This comparative discipline prevents overpayment and ensures acquisition prices reflect genuine market conditions rather than optimistic asking positions.

Neighbourhood Evolution and Future Considerations

Bukit Batok has benefited from ongoing infrastructure refinement, including transport enhancements and town centre revitalisation initiatives. While large-scale developments may not materialise immediately adjacent to established residential blocks, the district continues receiving public investment that sustains demand and supports property values. Residents benefit from a neighbourhood in active stewardship, with government planning focus ensuring continued livability and amenity provision.

The mature estate environment suggests limited speculative development potential but strong fundamentals for stable, predictable ownership. Buyers prioritising certainty over rapid appreciation will find the neighbourhood's stability particularly appealing. Long-term urban planning suggests Bukit Batok will maintain its positioning as a family-friendly residential precinct, supporting sustained demand from households seeking established community environments.

Frequently Asked Questions

What rental yield can investors typically expect from three-bedroom units at 290E Bukit Batok Street 24?

Bukit Batok's established rental market supports gross yields typically between 2.5% and 3.5% for three-bedroom HDB stock, depending on exact unit location, floor level, and current market conditions. The mature neighbourhood attracts consistent tenant demand from families and corporate tenants valuing space and established infrastructure, supporting year-on-year rental growth broadly aligned with HDB market appreciation. Investors should conduct detailed cash flow modelling based on recent comparable rentals in neighbouring blocks to establish reliable projections, accounting for maintenance reserves and potential vacancy periods.

How does the per-square-foot pricing at this development compare to recent Bukit Batok HDB transactions?

At current asking prices from S$798,000 for approximately 1,302 square feet, units at 290E Bukit Batok Street 24 establish a price-per-square-foot benchmark around S$613 PSF, positioning the development competitively within recent Bukit Batok resale activity. Buyers should verify this benchmark against recent transactions in adjacent blocks and comparable configurations to confirm alignment with demonstrated market rates. Price variations typically reflect minor differences in unit orientation, floor level, and year of last renovation, rather than fundamental value differences.

What Additional Buyer's Stamp Duty implications apply to second-property purchasers at this development?

Singapore Citizens purchasing a second residential property at 290E Bukit Batok Street 24 will incur Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, significantly increasing acquisition costs beyond standard stamp duty. For a property priced at S$798,000, this ABSD component would add approximately S$159,600 to transaction costs, making total cash requirements for downpayment and duties substantially higher than first-time buyer scenarios. Prospective second-property purchasers should factor this tax implication into their financial planning, potentially affecting borrowing capacity or investment returns modelling.

What lease decay impact should buyers at 290E Bukit Batok Street 24 anticipate for long-term resale values?

HDB flats typically command strongest resale values during mid-lease periods, generally 60-80 years remaining, after which price depreciation accelerates reflecting reduced financing accessibility and buyer pool contraction. At 290E Bukit Batok Street 24, buyers should understand that lease remaining at purchase will directly influence future disposability timelines and resale pricing trajectories, requiring alignment between holding periods and lease management objectives. Historical HDB market data suggests units held through very long lease periods (80+ years remaining) maintain reasonable value, but refinancing becomes progressively constrained, affecting buyer availability and negotiating positions.

How does proximity to the nearest MRT station influence demand and capital appreciation at this development?

Bukit Batok's connectivity profile, whilst adequate for neighbourhood movement via bus networks, features MRT access that is walkable but not immediate, positioning the development as suitable for car-owning families and public-transport-flexible residents rather than transit-dependent commuters. This characteristic may moderate capital appreciation relative to developments in highly connected transit nodes, though it simultaneously attracts families prioritising neighbourhood tranquility over rapid commute access. Long-term planning decisions from the Land Transport Authority regarding Bukit Batok connectivity could materially influence future demand dynamics and pricing trajectories.

Which buyer profiles find 290E Bukit Batok Street 24 most suitable, and why?

Family-oriented upgraders moving from two-bedroom configurations constitute the primary target demographic, valuing the additional space and bathroom provision that three-bedroom units deliver at accessible price points. First-time buyers with household incomes in the S$5,000-S$6,500 monthly range will find financing accessibility and CPF withdrawal benefits particularly advantageous, particularly when purchasing as a couple. Buy-to-let investors seeking predictable rental markets and proven neighbourhood stability appreciate the reduced speculative risk and consistent tenant demand characterising Bukit Batok's established residential base.

What debt-service-to-income considerations should borrowers evaluate for purchases at this price range?

At prices from S$798,000 with typical loan-to-value ratios of 80-85%, total monthly debt servicing will likely reach S$3,200-S$3,800 depending on interest rates and loan tenure, requiring gross household income of at least S$5,333 to maintain comfortable 60% TDSR thresholds and preserve financial flexibility. Borrowers carrying existing obligations—vehicle loans, credit commitments, or spousal debts—should model cumulative TDSR impact carefully, as lenders will aggregate all debt servicing in ratio calculations. Consultation with mortgage brokers can help optimise loan structures to maximise approval probability whilst maintaining sustainable repayment profiles.

How do competing HDB developments in Bukit Batok compare in terms of pricing and value proposition?

Neighbouring blocks in Bukit Batok's mature estate precinct offer similar floor areas and configurations at broadly comparable pricing, with differentials typically ranging from S$20,000 to S$50,000 reflecting unit orientation, floor level, and minor facility variations rather than fundamental quality differences. Recent transactions in adjacent blocks provide critical benchmarking data for evaluating whether asking prices at 290E Bukit Batok Street 24 align with genuine market rates or represent positioning expectations awaiting negotiation. Buyers should cross-reference multiple comparable transactions across several months to establish reliable pricing baselines before proceeding to offer stages.

Which floor levels or unit stacks at 290E Bukit Batok Street 24 offer superior value propositions?

Mid-level units (floors 8-15 approximately) typically command slight premiums over ground-floor configurations due to reduced noise exposure and improved natural light, though price differentials rarely exceed 2-3% and may not justify selection constraints for value-focused buyers. Ground-floor and lower-mid-level units often present superior value opportunities for investors prioritising cash flow over aesthetic preferences, as rental demand remains strong regardless of floor position in mature estate environments. Upper-level units attracting modest premiums may justify selection for owner-occupiers prioritising views and privacy, though resale buyer pools for premium-positioned units remain smaller than mid-level configurations.

What future supply pipeline exists in Bukit Batok, and could it impact long-term demand at 290E Bukit Batok Street 24?

Bukit Batok's mature estate designation suggests limited large-scale new residential development potential, though Land Transport Authority and Housing and Development Board initiatives may introduce selective regeneration or infill projects over long-term planning horizons. The township has historically evolved through gradual estate rejuvenation rather than transformative development, meaning neighbourhood character and demand dynamics will likely remain relatively stable rather than experience disruptive supply shocks. Buyers should monitor public urban planning announcements regarding Bukit Batok refresh initiatives, though established neighbourhood positioning suggests demand fundamentals will remain resilient across economic cycles.

[For Sale] Hdb Flat At 290E Bukit Batok Street 24 — From S$798K