Type

Units

Min Area

Price Range

3 BR

710 sqft

S$388K

Type

Units

Min Area

Price Range

2 BR

710 sqft

S$3,200/mo

Property Highlights

HDB development with 3 units currently available.
Prices currently range from S$3,200 to S$388K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$640 on this acquisition.
67% of current units are for sale, from S$388K; 33% are for rent, from S$3,200/mo.
Located 10 min (870 m) from NE9 Boon Keng 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.

45 Bendemeer Road: HDB Living in the Heart of Geylang

45 Bendemeer Road stands as a notable HDB development in one of Singapore's most vibrant and established neighbourhoods. Situated in the Geylang district, this housing block offers residents convenient access to essential services, transport links, and community amenities that characterise mature residential areas across the island. The development combines practical family living with proximity to key urban destinations, making it an appealing choice for diverse buyer profiles ranging from young professionals to growing families.

The location along Bendemeer Road positions residents within a 10-minute walking distance of Boon Keng MRT Station on the North-East Line. This accessibility transforms the commuting experience for those working in the central business district or travelling to other parts of Singapore via the MRT network. The station serves as a gateway to wider connectivity, enabling seamless transfers across multiple lines and reaching employment hubs, educational institutions, and leisure destinations throughout the island. Such proximity to public transport infrastructure typically enhances both rental demand and long-term capital appreciation for HDB assets in this catchment.

Housing Configurations and Space

The development comprises various unit types, predominantly featuring 3-bedroom and 2-bedroom configurations. These layouts cater to different household compositions and life stages, from upgraders seeking to move beyond smaller flats to families requiring dedicated living spaces. The typical unit sizes hover around 700 square feet, offering efficient spatial planning that balances functional living areas with bedroom privacy. Such dimensions align with Singapore's HDB design standards, ensuring comfortable accommodation without excessive maintenance burdens or utility costs that larger units might impose.

Three-bedroom units appeal particularly to established families and those prioritising extra bedrooms for children, home offices, or guest accommodation. Two-bedroom configurations serve well for couples, young families with one child, or downsizers seeking a more manageable living footprint. The variety within the development allows prospective purchasers to select unit types matching their immediate household needs without overcommitting to space they may not utilise.

Geylang's Established Character and Amenities

The Geylang district possesses a distinctive identity within Singapore's urban landscape, blending residential areas with commercial vibrancy and cultural diversity. Residents at 45 Bendemeer Road benefit from this maturity, with numerous dining establishments, wet markets, neighbourhood shops, and services within walking or short transport distances. The area has evolved considerably over recent decades, attracting families, investors, and professionals who value central location without the premium pricing of other districts.

Educational facilities form an integral part of the neighbourhood ecosystem. Several primary and secondary schools operate within reasonable proximity, serving families prioritising school accessibility. Healthcare facilities, including clinics and polyclinics, support the community's wellbeing needs, whilst recreational spaces provide outlets for sports and leisure activities. This comprehensive amenities landscape reduces reliance on cars and encourages neighbourhood-based living patterns.

Investment Potential and Rental Demand

HDB flats in established locations near MRT stations consistently demonstrate strong rental appeal. The proximity of 45 Bendemeer Road to Boon Keng MRT makes units here particularly attractive to tenants seeking affordable, well-connected residential accommodation. Working professionals, young expatriates, and those relocating within Singapore often prioritise central locations with easy public transport access, and this development ticks those boxes substantially. Investors purchasing units here can anticipate steady tenant demand, though rental yields depend on purchase entry price, prevailing market rents, and maintenance expenses.

The established nature of the Geylang precinct means rental markets have matured considerably, with clear benchmarks for comparable flats in the vicinity. Prospective investor-purchasers should research recent rental transactions for similar unit types and sizes in this location to develop realistic yield expectations. The North-East Line's connectivity enhances marketability to potential tenants, potentially supporting rental rates relative to more peripheral HDB estates.

Purchasing Dynamics and Stamp Duty Considerations

For Singapore Citizens purchasing HDB flats as their first residential property, the transaction process involves Buyer's Stamp Duty calculated on a sliding scale based on property price. However, buyers acquiring a second residential property face Additional Buyer's Stamp Duty at a rate of 20% on the purchase price, significantly raising transaction costs. Those considering 45 Bendemeer Road as an investment or upgrading purchase should factor this 20% ABSD into their financial planning, as it materially affects total acquisition costs and required capital.

First-time HDB buyers enjoy exemption from ABSD and benefit from Buyer's Stamp Duty exemption on the first S$180,000 of purchase price, making entry more affordable for new home purchasers. Upgraders moving from smaller HDB units to larger configurations here should evaluate whether ABSD obligations align with their investment thesis, particularly if they retain ownership of previous properties.

Lease Tenure and Long-term Value Retention

HDB flats operate under a 99-year leasehold model, with the development's lease age directly impacting future resale values. As flats progress through their lease lifecycles, capital appreciation typically moderates once the property surpasses the halfway mark of the lease term, reflecting growing lease decay concerns among prospective purchasers. Those acquiring units at 45 Bendemeer Road should understand their lease position and anticipate how remaining lease duration might influence resale timelines and valuations.

The Building and Construction Authority implements policies designed to support owners in managing ageing HDB stock, including upgrading initiatives and lease renewal schemes. However, properties with significantly shortened leasehold periods typically face valuation pressure unless comprehensive renovation or renewal occurs. Buyers planning to hold units for extended periods should carefully assess lease remaining and consider whether their ownership timeline aligns with prudent lease decay management.

Market Positioning and Comparable Values

HDB units in Geylang have historically occupied a mid-range position within the broader Singapore property market, neither commanding the premium pricing of central district condominiums nor reflecting the lower valuations of more peripheral estates. The North-East Line connectivity places this location squarely within desirable residential zones, supporting relatively stable values. Prospective purchasers should review recent transaction data for comparable 3-bedroom and 2-bedroom flats in the immediate vicinity to benchmark realistic entry prices and understand prevailing market rates per square foot.

Geylang's established market means sufficient transaction history exists to establish clear pricing patterns, enabling informed decision-making. Price discovery occurs readily through access to HDB transaction records and comparable sales, supporting transparent pricing dynamics for both buyers and sellers in this precinct.

Conclusion

45 Bendemeer Road represents a well-positioned HDB offering for those prioritising central Singapore living with reliable MRT accessibility. The mature neighbourhood environment, diverse unit configurations, and established amenities infrastructure create a compelling proposition for families, upgraders, first-time buyers, and investors. Prospective purchasers should conduct thorough due diligence regarding lease tenure, comparable pricing, financing eligibility, and personal investment objectives before committing to acquisition. The development's proximity to Boon Keng MRT and integration within Geylang's vibrant residential ecosystem underscore its enduring appeal within Singapore's HDB landscape.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a unit at 45 Bendemeer Road?

Rental yields for HDB flats at 45 Bendemeer Road depend significantly on purchase price, prevailing market rents, and maintenance costs. The North-East Line proximity to Boon Keng MRT enhances tenant appeal, as working professionals and young expatriates typically prioritise central locations with reliable public transport. Current rental benchmarks for comparable 3-bedroom HDB flats in Geylang suggest gross yields ranging from 3% to 4% annually, though actual returns vary based on individual purchase entry price and local market dynamics. Prospective investors should examine recent rental transactions for similar unit types in the immediate precinct to develop accurate return projections and evaluate whether purchase prices align with their yield targets.

How does the per-square-foot pricing at 45 Bendemeer Road compare to recent HDB transactions in Geylang?

HDB pricing in Geylang has historically reflected the district's central location and established amenities, with per-square-foot rates sitting comfortably between peripheral estates and premium central districts. Recent transaction data for 3-bedroom and 2-bedroom flats in the surrounding area provides clear benchmarking frameworks, though prices fluctuate based on exact unit location, floor level, and lease remaining. Prospective purchasers should access HDB transaction records through official channels to establish realistic pricing bands for comparable configurations in this precinct. The North-East Line connectivity supports steady demand, which generally stabilises prices relative to more disconnected estates, enabling relatively transparent price discovery for both buyers and sellers.

What is the Additional Buyer's Stamp Duty impact for a Singapore Citizen purchasing a second residential property here?

Singapore Citizens purchasing a second residential property face Additional Buyer's Stamp Duty at 20% on the purchase price, substantially raising acquisition costs compared to first-time purchases. For units at 45 Bendemeer Road, this means a property purchased at S$400,000 would incur an additional 20% stamp duty of S$80,000, alongside standard Buyer's Stamp Duty and legal fees. Upgraders moving from smaller HDB configurations or investors acquiring rental assets must incorporate this 20% ABSD into their financial planning, as it materially affects overall capital requirement and return calculations. Buyers should factor ABSD into their total acquisition budget and consider consulting a conveyancing specialist to understand the full tax position before proceeding with purchase.

How does lease decay affect the long-term resale value of units at this development?

HDB flats operate under 99-year leasehold tenure, and lease age directly impacts capital appreciation and future market demand. Units at 45 Bendemeer Road with significantly shortened remaining lease typically experience valuation pressure once they drop below the halfway mark (approximately 49-50 years remaining), as buyer pools narrow and financing becomes increasingly constrained. However, the Building and Construction Authority operates lease renewal and upgrading programmes designed to support owners in extending tenures and managing ageing stock. Buyers should carefully assess the current lease remaining on any unit they consider and evaluate whether their holding timeline aligns with prudent lease management, particularly if resale within 15-20 years appears likely. Properties with longer remaining lease typically command stronger capital appreciation prospects and appeal to a broader purchasing base.

How does proximity to Boon Keng MRT Station influence property demand and appreciation at 45 Bendemeer Road?

The 10-minute walking distance to Boon Keng MRT on the North-East Line significantly enhances property appeal, as MRT connectivity remains a primary factor driving HDB demand and valuations across Singapore. Estates within direct walking distance of MRT stations typically command premium pricing relative to counterparts requiring longer travel times, reflecting strong tenant demand and investor interest. The North-East Line connects Boon Keng to Tampines in the east and Dhoby Ghaut in the west, providing access to employment hubs, educational institutions, and leisure destinations throughout the island. This reliable connectivity supports stable rental markets and capital appreciation, as the pool of prospective tenants and buyers values the reduced reliance on private transport. Historical price data for HDB developments near MRT stations demonstrates stronger resilience during market downturns and more consistent capital growth compared to peripheral estates.

Which buyer profiles should consider 45 Bendemeer Road, and why might it suit their circumstances?

First-time HDB buyers benefit from stamp duty exemptions and entry-level pricing at 45 Bendemeer Road, making the development an accessible stepping stone into property ownership without requiring ABSD payments. Young families upgrading from 2-bedroom flats to 3-bedroom configurations find the unit offerings here provide expanded living space whilst maintaining affordable price points relative to central district condominiums. Investor-purchasers seeking steady rental income value the North-East Line connectivity and established amenities ecosystem, which support reliable tenant demand and mature rental pricing. High-net-worth individuals considering HDB investment as portfolio diversification appreciate the relative transparency of HDB markets and consistent demand drivers. Downsizers relocating from larger properties typically value the more manageable maintenance requirements and lower utility costs of 700-square-foot configurations, combined with neighbourhood convenience and public transport access.

What Total Debt Servicing Ratio (TDSR) impact should buyers expect when financing at typical price points for this development?

Financing HDB flats at 45 Bendemeer Road typically involves HDB housing loans or commercial bank mortgages, with TDSR constraints limiting borrowing capacity based on monthly income and existing financial obligations. Units priced around S$350,000 to S$450,000 require down payments of 20-30%, translating to capital requirements of S$70,000 to S$135,000 depending on exact purchase price and financing structure. For a purchaser with monthly income of S$5,000 and minimal existing debt, TDSR limits typically permit loan sizes supporting purchase prices in the S$350,000 to S$450,000 range, though individual circumstances vary considerably. Prospective buyers should consult lending institutions early in their purchase journey to establish exact financing headroom, as TDSR calculations prove highly individual and depend on employment stability, spousal income if applicable, existing liabilities, and lender-specific criteria. Those approaching TDSR constraints may consider larger down payments, extended loan tenures, or spousal income inclusion to improve financing accessibility.

How does 45 Bendemeer Road compare to nearby competing HDB developments in Geylang?

Geylang contains several HDB developments of varying ages and lease remaining periods, creating a diverse competitive landscape for prospective buyers. Older blocks in the precinct may offer lower entry prices but carry greater lease decay concerns, whilst newer or recently upgraded developments command premium pricing reflecting improved condition and longer lease remaining. 45 Bendemeer Road's positioning within this landscape depends on its specific age, condition, and any renovation or upgrading initiatives undertaken. Comparable developments in the immediate vicinity typically feature similar unit configurations and amenities, enabling straightforward price and condition comparisons. Buyers should examine multiple options within Geylang to understand prevailing pricing for equivalent property types, assess relative value positioning, and identify whether 45 Bendemeer Road offers superior condition, amenities, or lease terms justifying its particular pricing relative to alternatives.

Are upper floor units at 45 Bendemeer Road preferable to lower floors for value and livability?

Upper floor units at HDB developments typically command premium pricing due to reduced noise exposure, improved natural ventilation, and enhanced privacy compared to ground and intermediate levels. At 45 Bendemeer Road, higher floors generally offer better views and reduced street-level noise from traffic and neighbourhood activity, creating more peaceful living environments particularly valuable for families and those working from home. Mid-to-upper floor configurations (typically floors 6 onwards) balance accessibility via lifts, reduced noise exposure, and absence of ground-level moisture concerns common in tropical climates. However, upper floor premiums must be weighed against individual preferences, as ground-floor flats offer direct access advantages and reduced reliance on lift dependency for elderly residents or those with mobility considerations. The value differential between floors typically ranges from 2% to 5% per additional storey, though exact premiums depend on market conditions and specific unit configurations at the time of sale.

What future supply pipeline developments in the Geylang or adjacent districts might affect property values at 45 Bendemeer Road?

The Geylang district's development pipeline reflects broader Singapore urban planning initiatives, with ongoing infrastructure enhancement, estate upgrading programmes, and limited new HDB construction in mature precincts. The North-East Line's completion represents a substantial completed infrastructure anchor that will continue supporting demand in this corridor, as no major rival transport projects currently supersede its strategic importance. Future HDB upgrading initiatives and estate management programmes may enhance 45 Bendemeer Road's appeal through improved facilities and maintained infrastructure, supporting stable long-term values. However, large-scale new HDB or private residential developments in adjacent districts could potentially fragment demand, particularly among first-time buyers or price-sensitive purchasers. Investors should monitor Urban Redevelopment Authority planning announcements and HDB development pipelines for adjacent precincts to anticipate potential supply-side pressures or competitive positioning shifts affecting Geylang's relative appeal within the broader market landscape.

45 Bendemeer Road — From S$3,200