- HDB development with 1 unit currently available.
- Prices currently start from S$3,500.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$700 on this acquisition.
- Located 17 min (1.44 km) from CC30 Keppel 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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35 Telok Blangah Rise: A Strategic HDB Development in Singapore's Established South Coast
Located at the heart of Telok Blangah, 35 Telok Blangah Rise stands as a significant residential project within one of Singapore's most desirable neighbourhoods. Situated just 17 minutes walking distance from Keppel MRT Station on the Circle Line (CC30), this development enjoys exceptional connectivity that appeals to both owner-occupiers and savvy investors seeking reliable rental yields. The location bridges the gap between the vibrant energy of the city centre and the tranquil residential character of the south coast, making it an attractive proposition for professionals commuting to downtown business districts.
The development offers a diverse portfolio of HDB flat configurations, ranging from intimate studio units to spacious multi-bedroom residences. This variety ensures that prospective buyers across different life stages—whether navigating their first property purchase, upgrading to a larger family home, or seeking an investment opportunity—will find suitable options. The 741 sqft floorplate options provide efficient spatial planning that maximises utility whilst maintaining affordability, a hallmark of public housing in Singapore's prime locations.
Strategic Location and Transportation Benefits
Proximity to Keppel MRT Station represents a significant draw for this development. The Circle Line connectivity positions residents within easy reach of major employment centres, including the business parks along the East Coast Corridor, Marina Bay's financial district, and emerging tech hubs in the city fringe. For working professionals, the 17-minute walk to the station translates into reasonable commuting times to most parts of the island, whilst MRT accessibility also supports robust long-term property values. Developments within walking distance of major MRT nodes have historically demonstrated superior capital appreciation compared to those requiring bus or car access.
Beyond rail connectivity, Telok Blangah's location offers immediate access to the Telok Blangah Green recreational precinct, which has undergone significant enhancement in recent years. The area benefits from well-established amenities including shopping centres, hawker establishments, and family-oriented facilities. The vicinity also hosts several primary and secondary schools, making it particularly appealing to families with children. These lifestyle factors, combined with the MRT advantage, create a compelling proposition for both personal occupation and rental investment.
Market Appeal and Buyer Profiles
The development attracts a cross-section of Singapore's property market. First-time buyers appreciate the accessibility of HDB pricing relative to private condominiums, combined with the security of established government housing standards and transparent financing through HDB mortgage schemes. Upgraders seeking to downsize or relocate to a more convenient location find the project's diverse floor plans and MRT proximity particularly attractive. Investors recognise the strong rental fundamentals in this precinct—the concentration of workers in nearby business districts, combined with the scarcity of new housing stock in mature estates, sustains consistent tenant demand.
High-net-worth individuals occasionally invest in such developments for diversification purposes or to secure family housing with minimal maintenance concerns. The HDB framework, whilst distinct from private ownership, provides tax efficiency and straightforward resale mechanics that appeal to sophisticated investors managing multi-property portfolios.
Investment and Rental Considerations
From an investment standpoint, HDB flats in this location command respectable rental yields. The combination of MRT accessibility, established amenities, and relatively modest entry price points creates a favourable supply-and-demand dynamic. Rental demand in Telok Blangah remains robust, supported by the area's appeal to expatriates, young professionals, and relocating families. The rental yield potential, whilst dependent on unit size and exact purchase price, typically exceeds returns available in less conveniently located HDB estates. However, prospective investor-buyers should factor in HDB's Mortgage Servicing Ratio requirements and ensure their financial capacity accommodates the purchase.
Buyers acquiring an HDB flat as a second residential property must navigate Singapore's Additional Buyer's Stamp Duty regime. Singapore Citizens purchasing a second residential property currently face an ABSD rate of 20% on the purchase price, in addition to standard stamp duties and registration fees. This significantly increases the effective acquisition cost and should be carefully modelled into any investment appraisal. ABSD liability underscores the importance of thorough financial planning before committing to a second-property purchase.
Lease Tenure and Long-Term Value Considerations
HDB flats operate under the lease-to-own model, typically granted with 99-year lease durations from the date of completion. Purchasers of resale flats should ascertain the remaining lease term, as this influences both financing eligibility and future resale value. Banks typically impose stricter lending criteria for leases with fewer than 60 years remaining, and mortgageability diminishes as lease decay progresses. A property at 35 Telok Blangah Rise, if purchased as a resale unit, warrants careful lease-duration assessment. The HDB has periodically introduced lease extension schemes, though these carry distinct terms and qualifying criteria that buyers should investigate independently.
Long-term capital appreciation in this estate has historically tracked in line with broader HDB market movements, moderated by lease decay effects typical across the public housing sector. However, the premium location near Keppel MRT and the neighbourhood's established status have provided relative stability and resilience during market cycles.
Competitive Positioning Within the District
The broader Telok Blangah area hosts several competing developments and resale flats at varying price points. Some nearby estates, including older building stock further from the MRT, may offer lower entry prices but sacrifice connectivity convenience. Newer or recently upgraded estates in adjacent precincts present alternative options with modern finishes, though these often command price premiums. 35 Telok Blangah Rise's advantage lies in its established location, MRT proximity, and the HDB's stringent build and finish standards, positioning it competitively within the local supply landscape.
Future District Supply and Market Dynamics
The mature HDB estates in the south coast, including Telok Blangah, are unlikely to see significant new public housing supply in the near to medium term, as URA planning priorities favour other regions for growth. This structural supply constraint supports the relative desirability and rental demand for existing stock. However, prospective buyers should remain cognisant of broader economic trends and interest rate movements, which influence mortgage affordability and the overall housing market's momentum.
Investment in 35 Telok Blangah Rise represents a measured opportunity for those prioritising location convenience, established community infrastructure, and accessible entry pricing. The development's appeal extends across multiple buyer personas, from practical owner-occupiers to financially disciplined investors. A thorough appraisal of personal financial capacity, lease tenure, ABSD implications where applicable, and long-term ownership intentions remains essential before proceeding.