Type

Units

Min Area

Price Range

2 BR

700 sqft

S$428K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$428K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$85,600 on this acquisition.
Located 3 min (210 m) from CC28 Telok Blangah 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.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

47 Telok Blangah Drive: Established HDB Living in the Heart of Telok Blangah

Situated at 47 Telok Blangah Drive, this residential development represents a compelling opportunity within one of Singapore's most vibrant and well-connected neighbourhoods. The project occupies a strategically important location in District 4, placing residents within easy reach of essential amenities, employment hubs, and recreational spaces that define modern urban living on the island.

The development's proximity to CC28 Telok Blangah MRT Station—a mere 3-minute walk or 210 metres away—stands as one of its most significant competitive advantages. This positioning ensures seamless connectivity across Singapore's mass rapid transit network, enabling residents to commute efficiently to the Central Business District, Marina Bay, and other major employment centres throughout the island. The station's integration into the Circle Line provides direct access to key destinations without requiring transfers, a convenience that substantially enhances daily lifestyle quality and boosts long-term demand for units within the precinct.

Location and Connectivity Advantages

Telok Blangah has undergone considerable transformation over recent years, evolving from a primarily industrial and residential area into a mixed-use neighbourhood characterised by new waterfront developments, dining establishments, and lifestyle amenities. The district's trajectory reflects broader Singapore property market trends favouring established residential precincts with strong transport infrastructure. Residents at 47 Telok Blangah Drive benefit from this revitalisation whilst enjoying the stability of an established HDB community with mature facilities and a settled resident profile.

Beyond the MRT station, the surrounding precinct provides comprehensive amenities within walking distance. Shopping centres, hawker centres, and retail establishments cater to daily needs, whilst parks and recreational facilities offer respite and leisure opportunities. This balanced combination of convenience and lifestyle appeal has historically supported steady capital appreciation and consistent rental demand across properties in this location.

Housing Typology and Unit Variety

The development comprises multiple unit configurations designed to accommodate diverse household compositions and life stages. Prospective buyers will find options ranging across different bedroom counts and floor plate sizes, allowing for careful matching of individual requirements with available supply. The mix of unit types ensures that the development appeals to first-time upgraders, growing families, and investors seeking rental-generating assets across different price points within the HDB market segment.

Unit sizes typically span approximately 700 square feet and above, providing generous internal proportions characteristic of HDB flats built within this era. The spacious floor plates support flexible furniture arrangements and accommodate modern living requirements, from home office setups to extended entertaining spaces. Such generosity of space has proven consistently popular within the resale HDB market, supporting healthy demand and supporting rental uptake from tenants seeking comfort and room.

Investment and Ownership Considerations

For investors evaluating this development as a rental asset, the location offers several compelling fundamentals. The proximity to the MRT station generates consistent tenant demand from young professionals, working couples, and expatriate renters seeking convenient access to employment centres throughout the island. Historical rental yields for HDB flats in well-located precincts with comparable transport access have ranged between 3% and 4% gross annual yields, though individual outcomes depend on unit configuration, tenant profile, and prevailing market conditions.

Prospective buyers should carefully assess their individual circumstances regarding Additional Buyer's Stamp Duty (ABSD) liability. Singapore Citizens purchasing a second residential property face an ABSD charge of 20% on the property's purchase price, a material cost that significantly influences investment returns and purchase affordability. First-time buyers and those acquiring their primary residence face no ABSD charge, making this development particularly attractive for upgraders transitioning from smaller units or first-time purchasers entering the HDB market.

Lease tenure represents a further consideration for long-term ownership planning. As an HDB property, the development operates under a 99-year lease, with implications for resale value as the lease matures. Properties within the final 30 years of their lease term typically command valuation premiums that decline more steeply than those with longer unexpired periods, a factor that should inform personal investment timelines and holding periods. Understanding individual lease remaining will be essential when evaluating long-term wealth accumulation strategies.

Market Positioning and Competitive Context

Pricing across the development reflects current HDB market conditions in this established district, with units available from S$428,000 onwards depending on configuration and floor level. This positioning sits competitively within the broader Telok Blangah HDB landscape, offering value relative to newer or premium developments whilst maintaining the established quality and transport connectivity that characterise this neighbourhood. Recent psf transactional data across the precinct suggests pricing in the range of S$610–S$650 per square foot for comparable units, placing this development within expected market parameters.

Comparative developments in the surrounding area, including other HDB blocks and private housing options, provide useful benchmarking context. The established HDB supply within Telok Blangah creates a competitive but stable market, where pricing reflects both current amenity value and long-term appreciation potential. Buyers should assess individual units against comparable recent sales within the same block and surrounding precincts to confirm pricing alignment with prevailing conditions.

Financing and Affordability Factors

Prospective buyers should evaluate their Total Debt Servicing Ratio (TDSR) and financing headroom carefully when considering purchase at this price point. HDB financing through the Housing and Development Board typically offers competitive rates and flexible terms, with loan tenures extending to 30 years for eligible borrowers. At the prevailing price point from S$428,000 onwards, typical loan amounts will require TDSR assessments confirming that all housing-related debt (inclusive of the HDB loan, property tax, and other residential commitments) does not exceed 60% of gross monthly income.

First-time buyers benefit from HDB concessional financing rates and may access Central Provident Fund (CPF) savings for down payments and loan servicing, materially improving purchase affordability. Existing homeowners upgrading from smaller units should factor in potential Seller's Stamp Duty on their current property, sale timing considerations, and bridging finance needs if overlap between purchase and sale occurs. Engaging with HDB's financing team early in the purchase journey allows for clear understanding of personal borrowing capacity and loan quantum.

District Supply Pipeline and Future Considerations

District 4, encompassing Telok Blangah and surrounding precincts, remains a focus for continued urban renewal and mixed-use development by the Urban Redevelopment Authority and HDB. Longer-term planning considerations suggest that the district may see selective intensification through new residential projects, commercial development, and enhanced waterfront amenities. Understanding these broader planning trajectories helps contextualise the development's position within the evolving neighbourhood and supports informed decisions regarding long-term capital appreciation potential.

Properties positioned within mature, well-connected HDB precincts typically demonstrate resilience across market cycles, supported by consistent demand from multiple buyer cohorts and a stable rental market. The development's establishment within an already fully-serviced neighbourhood, combined with its transport advantages, positions it favourably for sustained investor and occupier interest over extended holding periods.

Suitability Across Buyer Profiles

First-time buyers entering the HDB market will find 47 Telok Blangah Drive offers an appealing combination of affordability, transport access, and established community infrastructure. The straightforward ownership structure, HDB financing accessibility, and mature amenities reduce complexity for new homeowners whilst supporting confident decision-making around this significant financial commitment.

Upgraders transitioning from smaller units benefit from the variety of unit configurations available, enabling strategic selection of properties matching evolving family requirements. The established nature of the development and neighbourhood familiarity for existing HDB occupants streamline the upgrade process, avoiding uncertainties associated with newer or untested precincts.

Investors seeking stable rental-generating assets value the development's transport connectivity, established tenant demand, and predictable operational characteristics. The established HDB ecosystem offers well-understood maintenance structures, transparent lease terms, and regulated rental frameworks that reduce investment uncertainty relative to private housing alternatives.

High-net-worth individuals utilising HDB property as part of diversified portfolios may appreciate the development's solid fundamentals and secondary market liquidity, though such buyers typically represent a smaller proportion of the HDB purchaser cohort.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 47 Telok Blangah Drive as an investment property?

HDB flats in well-located precincts with strong MRT connectivity, such as this development just 3 minutes from CC28 Telok Blangah Station, typically achieve gross rental yields between 3% and 4% annually. The proximity to transport infrastructure and the established neighbourhood amenities generate consistent tenant demand from young professionals and working couples seeking convenient commute access. Actual yields will depend on individual unit configuration, prevailing rental rates for comparable units in the block, tenant profile, and your financing structure—buyers should review recent comparative rental transactions within the same block to estimate personalised return projections.

How does the pricing per square foot at 47 Telok Blangah Drive compare to recent HDB transactions in Telok Blangah?

Recent transactional data across the Telok Blangah HDB precinct indicates pricing in the range of approximately S$610–S$650 per square foot for comparable units, positioning this development competitively within the established market. With units available from S$428,000 onwards and typical floor plates spanning 700 square feet or more, the per-square-foot metrics align with prevailing market conditions for established HDB flats in this location. Prospective buyers should request recent comparable sales data within the same block and surrounding development to verify individual unit pricing represents appropriate value relative to similar recent transactions.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I purchase a second residential property at this development?

Singapore Citizens purchasing a second residential property face an ABSD charge of 20% on the purchase price—a material cost that significantly impacts acquisition expenses and investment returns. For a unit priced at S$428,000, this ABSD charge would amount to approximately S$85,600, substantially increasing total purchase costs beyond the base property price. First-time buyers and primary residence purchasers face no ABSD charge, making this development particularly accessible for upgraders from HDB ownership or first-time entrants to the property market. Buyers should incorporate ABSD into comprehensive financial modelling to assess true ownership costs and investment feasibility.

What are the lease decay and resale value implications for properties at 47 Telok Blangah Drive as the lease matures?

As an HDB property under a 99-year lease, units at this development will eventually experience accelerated lease decay as unexpired tenure contracts—particularly within the final 30 years of the lease term. Properties with shorter lease periods typically command lower valuations and face reduced financing options, as lending institutions impose stricter requirements on loans secured against properties with limited remaining tenure. Buyers should verify the precise unexpired lease for any unit under consideration and factor this into personal holding period timelines; purchasing with intention to hold for 20–30 years mitigates lease decay concerns, whilst investors targeting shorter holding periods should carefully model appreciation potential against lease maturation risks.

How does proximity to CC28 Telok Blangah MRT Station influence capital appreciation and long-term demand for properties at this development?

The 3-minute walk to CC28 Telok Blangah MRT Station represents a primary wealth-creation driver for this development, providing direct Circle Line access to the Central Business District, Marina Bay, and other major employment hubs without requiring transfers. Properties within 5-minute MRT proximity historically demonstrate superior capital appreciation relative to less-connected precincts, supported by consistent tenant and buyer demand from commute-focused occupiers. The Circle Line's integrated position within Singapore's wider transit network and the station's role in the evolving Telok Blangah precinct suggest enduring demand strength; as the district undergoes continued revitalisation with new waterfront developments and mixed-use amenities, MRT-proximate properties should capture appreciation benefits from broader district enhancement.

Is 47 Telok Blangah Drive suitable for first-time buyers, upgraders, or investors—and who are the ideal purchaser profiles?

First-time buyers benefit from straightforward HDB ownership structures, accessible financing through concessional HDB rates, and CPF drawdown eligibility, making this development an attractive entry point into homeownership without ABSD complications. Upgraders transitioning from smaller units appreciate the variety of unit configurations and the neighbourhood's established infrastructure, reducing decision complexity. Investors value the consistent rental demand generated by MRT proximity, the stable HDB ecosystem, and predictable tenant profiles—though prospective investor-buyers must carefully assess ABSD implications for second property purchases. The development appeals across these buyer cohorts, though individual suitability depends on personal circumstances, holding period intentions, and financial capacity.

What TDSR and financing headroom considerations apply when purchasing at this price point?

At the prevailing price point from S$428,000 onwards, prospective buyers must confirm their Total Debt Servicing Ratio (TDSR) does not exceed 60% of gross monthly income, inclusive of the HDB loan, property tax, and other residential debt commitments. A unit at S$428,000 with typical 80% LTV financing generates a loan quantum of approximately S$342,400; at prevailing HDB rates around 2.6%, this generates monthly servicing costs of roughly S$1,450, requiring gross monthly household income of approximately S$2,417 to maintain comfortable TDSR headroom. First-time buyers should engage HDB's financing team to confirm personal borrowing capacity, understand CPF implications, and structure down payment sourcing; existing homeowners must factor in potential bridge financing needs and other residential debt when assessing headroom for upgrade purchases.

How does 47 Telok Blangah Drive compare to other nearby HDB or private developments in Telok Blangah?

The development competes within an established HDB landscape featuring multiple blocks and configuration options across the Telok Blangah precinct, alongside private developments including newer mixed-use projects in the broader district. Compared to other HDB blocks in immediate proximity, this development maintains competitive per-square-foot pricing aligned with market conditions, whilst offering the stability advantages of an established community and mature facilities. Private developments in the precinct typically command per-square-foot premiums of 30–50% above comparable HDB pricing, offsetting their newer condition and premium amenities with significantly higher capital requirements and ongoing maintenance costs. For purchasers prioritising value, established community character, and HDB financing accessibility, this development compares favourably; buyers should request recent transactional comparables across nearby blocks to confirm individual unit pricing reflects competitive value.

Which unit stacks, floor levels, or configurations offer the best value proposition within this development?

Mid-stack units (typically floors 8–15) historically command the strongest value within HDB developments, balancing reasonable pricing with advantages of enhanced natural light, security from ground-level concerns, and reduced noise from street activity without incurring the premium pricing associated with highest-level units. Lower-stack units (floors 2–5) often trade at modest discounts to mid-stack comparables, appealing to buyers prioritising affordability though introducing proximity to ground-level activity and potential light obstruction from surrounding blocks. Highest units typically command premium pricing reflecting unobstructed views and light quality; investors focused on rental yield should evaluate whether these premiums translate into proportionate rental uptake or merely reflect occupier preference rather than tenant demand. Buyers should request recent comparable sales data across different stacks and floor levels to identify value concentration; many experienced purchasers identify comparative bargains in lower stacks that offer comparable utility to mid-stack units at modest discount pricing.

What is the future supply pipeline in District 4, and how might it affect this development's long-term appreciation potential?

District 4, encompassing Telok Blangah and surrounding precincts, remains a focus for urban renewal and mixed-use development under URA and HDB planning frameworks, with anticipated new residential projects, commercial intensification, and enhanced waterfront amenities likely over the coming decade. This planned intensification should strengthen long-term demand for well-located residential properties through job creation, improved district amenities, and population growth supporting sustained property values and rental demand. The development's mature positioning within an established precinct positions it favourably relative to entirely new supply; mature HDB properties with established communities typically demonstrate resilience through market cycles, supported by stable tenant and buyer demand. Understanding these broader planning trajectories helps contextualise the development's appreciation potential—properties in precincts undergoing revitalisation historically outperform static or declining districts, suggesting 47 Telok Blangah Drive should capture district-wide improvement benefits over extended holding periods.

[For Sale] 47 Telok Blangah Drive — From S$428K