Type

Units

Min Area

Price Range

3 BR

958 sqft

S$1000K – S$1.2M

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$1000K to S$1.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$200K on this acquisition.
Located 7 min (570 m) from EW17 Tiong Bahru 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.

57 Havelock Road: A Prime HDB Address in Tiong Bahru's Heart

57 Havelock Road stands as an established residential landmark in one of Singapore's most distinctive and desirable neighbourhoods. Located in the Tiong Bahru precinct, this development benefits from decades of urban maturity, having become a cornerstone address for families, professionals, and investors seeking a balanced lifestyle in central Singapore. The project encompasses multiple unit types across varying floor levels, offering prospective buyers and tenants genuine flexibility in choosing configurations that match their domestic and financial circumstances.

The neighbourhood surrounding 57 Havelock Road has evolved into a vibrant mixed-use district. Residents enjoy proximity to independent cafés, heritage conservation areas, contemporary art galleries, and waterfront dining along the Singapore River. This cultural richness combined with functional accessibility has made Tiong Bahru consistently attractive across market cycles. The area's blend of old-world charm and modern urban services appeals to a broad demographic, from young professionals to established families and empty-nesters.

Strategic Location and Transport Connectivity

Situated merely seven minutes' walk from EW17 Tiong Bahru MRT Station, 57 Havelock Road offers residents unmatched convenience for daily commuting and leisure travel. The East-West Line provides direct access to employment hubs in the Central Business District, Marina Bay, and western Singapore, whilst interchanges enable seamless connections to the North-South, Circle, and Downtown Lines. This transport accessibility has historically underpinned strong capital appreciation in the precinct, as MRT proximity remains a primary driver of residential demand and rental appeal across Singapore's HDB market.

Beyond the MRT, the development enjoys walkability to major roads including River Valley Road and Havelock Road itself, facilitating ease of movement for vehicles and reducing reliance on public transport for those who prefer driving. Proximity to the CBD means that working professionals benefit from shorter commute times, whilst students accessing universities in the east or west of the island enjoy manageable journey periods. This multi-modal transport advantage has historically supported stable tenant demand and competitive rental yields for investors.

Unit Configurations and Space Planning

The development offers a range of flat configurations, with units spanning multiple bedroom and bathroom combinations. Typical floor areas accommodate modern living standards, providing sufficient space for home offices, independent living arrangements, and entertaining. The variety of layouts ensures that different buyer profiles—from first-time upgraders to larger families—can locate suitable options without significant compromise on space or functionality. Unit selection across different storeys and stacks allows purchasers to optimise factors such as natural light, ventilation, and views according to personal preference.

HDB flats at 57 Havelock Road are designed with practical spatial efficiency, balancing liveable square footage with the maintenance simplicity that appeals to busy urban households. Multiple bathrooms in larger units enhance convenience for multi-generational or working families, whilst open-plan living areas maximise flexibility in interior design and furniture arrangement. These planning principles reflect contemporary residential expectations and continue to support the development's appeal to both owner-occupiers and rental investors.

Investment Potential and Market Positioning

The Tiong Bahru precinct, anchored by developments like 57 Havelock Road, has historically demonstrated resilient pricing and stable rental demand. HDB flats in mature, well-connected locations consistently attract investor interest, particularly those seeking steady yields and long-term capital stability. The established nature of the neighbourhood, combined with limited new HDB supply in this central location, has supported price appreciation that often outpaces broader market growth. Investors evaluating the development should consider its proximity to transport, the diversity of amenities within the district, and the sustained inflow of tenants seeking central, convenient addresses.

Rental demand in Tiong Bahru remains robust, driven by expatriates, young professionals, and couples who prioritise location convenience and vibrant neighbourhood character over newer, more remote developments. Properties at 57 Havelock Road typically command rental rates reflective of their central positioning and transport access, positioning the development favourably within the HDB investment universe. Historical rental performance in this precinct demonstrates consistent tenant replacement cycles and minimal vacancy periods, particularly for units with flexible configurations and modern amenity standards.

Neighbourhood Character and Lifestyle Appeal

Beyond functional considerations, 57 Havelock Road residents benefit from residing in a neighbourhood that has become synonymous with character, authenticity, and urban sophistication. The Tiong Bahru precinct features a distinctive blend of heritage shophouses, contemporary dining establishments, independent boutiques, and cultural spaces that create an environment appealing to those who value more than mere convenience. The riverside setting contributes to the area's draw, with numerous parks and leisure spaces supporting active, community-oriented living.

The development sits within proximity to some of Singapore's most celebrated independent cafés, craft breweries, and design studios, establishing Tiong Bahru as a destination neighbourhood rather than merely a transit point. This elevated lifestyle proposition has broadened the appeal of properties in the area beyond investor cohorts, attracting owner-occupiers who place value on neighbourhood character, walkability, and cultural richness. The sustained popularity of Tiong Bahru across multiple residential market cycles underscores the durability of this appeal.

Market Comparables and Valuation Context

HDB transactions in the Tiong Bahru area have historically reflected price per square foot metrics that command premiums relative to outer districts, reflecting the location's established status and transport connectivity. Recent transactions across the precinct provide context for understanding fair market valuation at 57 Havelock Road, with per-unit pricing varying according to unit configuration, floor level, and specific stack positioning. The development's long-standing presence in the market provides a substantial transaction history that enables reliable comparable analysis and supports confident price discovery for both buyers and sellers.

Prospective purchasers evaluating value should consider recent sales transactions at comparable addresses within the precinct, adjusting for floor level, unit orientation, and bathroom count. The maturity of the market and the frequency of transactions at 57 Havelock Road itself provide particularly reliable data for assessing market-clearing prices. Investors should also factor transaction volumes and typical holding periods, which reveal the depth of demand and the ease of exit if market conditions necessitate future sale.

Financing and Affordability Considerations

HDB flat purchases at 57 Havelock Road typically fall within lending parameters that accommodate a broad range of buyer profiles. Central Provident Fund (CPF) eligibility and Housing Development Board loan products provide Singapore Citizens and Permanent Residents with accessible financing pathways, with monthly instalments often fitting comfortably within debt-servicing capacity for working professionals. The development's established market positioning and transparent valuation history support straightforward loan approval processes and appraisal certainty for financial institutions.

First-time buyers, upgraders, and investors should familiarise themselves with prevailing CPF withdrawal limits, accrued balances, and residual requirements when assessing affordability at current market prices. Loan-to-value ratios for HDB properties remain favourably structured, and the development's long track record supports lender confidence. Those purchasing as a second residential property should account for Additional Buyer's Stamp Duty implications, currently assessed at 20% for Singapore Citizens acquiring a second residential property, which materially affects total acquisition costs alongside standard stamp duties and legal fees.

Future Prospects and Long-Term Positioning

The Tiong Bahru precinct's status as a mature, established residential neighbourhood positions it distinctly within Singapore's long-term urban strategy. Unlike growth districts experiencing rapid new supply, this central location benefits from scarcity value and protected heritage character, limiting the quantum of new competing stock. Future infrastructure upgrades, improved pedestrian connectivity, and potential public realm enhancements centred on the River Valley area further support the development's positioning as a resilient, appreciating asset class. The predictability of this supply-constrained environment contrasts with newer suburban districts, providing investors with greater confidence in future capital preservation and modest, steady appreciation.

57 Havelock Road's location within a consolidated, feature-rich neighbourhood means its fortunes remain closely tied to Tiong Bahru's broader trajectory. The precinct's cultural and lifestyle positioning, combined with its central geography and transport access, suggests enduring demand across residential market cycles. Purchasers and investors viewing this development should assess it within the context of Singapore's constrained inner-city supply and the established premium commanded by comparable central addresses, rather than comparing it solely against outer-ring new launches where supply dynamics differ materially.

Frequently Asked Questions

What rental yield can investors typically expect from purchasing a unit at 57 Havelock Road?

HDB properties in the Tiong Bahru precinct historically deliver gross rental yields ranging from 2.5% to 4%, depending on specific unit configuration, floor level, and precise street-facing orientation. The development's central location and seven-minute walk to EW17 Tiong Bahru MRT Station support consistent tenant demand from expatriates, young professionals, and families prioritising convenience over newer, outer-ring alternatives. Investors should factor prevailing rent levels (typically S$2,500 to S$4,500 monthly for multi-bedroom units) against current purchase prices to calculate expected net yields after accounting for property tax, maintenance contributions, and potential vacancy periods; historical evidence suggests well-maintained units in this precinct experience minimal vacancy and command rental rates reflecting their premium location.

How do pricing per square foot at 57 Havelock Road compare to recent HDB transactions in Tiong Bahru?

Recent HDB transactions in the Tiong Bahru precinct have transacted at per-unit price points reflective of the area's established status and transport proximity, with pricing per square foot typically commanding a premium relative to outer districts and new HDB launches in growth zones. The development's long market presence provides a robust transaction history enabling reliable comparable analysis; prospective buyers should examine recent arm's-length sales at 57 Havelock Road itself and adjacent addresses within the precinct, adjusting for floor level, unit bedroom count, and bathroom configuration. The Tiong Bahru area's scarcity of new HDB supply and its cultural appeal have historically supported steady price appreciation, positioning per-square-foot metrics as stable benchmarks that reflect genuine neighbourhood demand rather than speculative fluctuation.

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

Singapore Citizens acquiring a second residential property at 57 Havelock Road incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, calculated on the property's purchase price and applied alongside standard stamp duties and legal fees. For example, a purchase at S$600,000 would attract ABSD of S$120,000, materially increasing total acquisition costs and requiring careful cashflow planning. This duty applies uniformly to all second residential property acquisitions by Singapore Citizens and should be factored into total cost-of-purchase calculations; many buyers finance this component through additional CPF withdrawal (subject to balance availability) or supplementary cash reserves. First-time homebuyers and Permanent Residents benefit from lower or nil ABSD rates, making the development comparatively more attractive to these cohorts.

What is the lease tenure at 57 Havelock Road and how does it affect long-term resale value?

HDB flats operate under 99-year lease tenures, commencing from their original construction date in the 1990s, meaning units at 57 Havelock Road currently possess approximately 60+ years of unexpired lease. The lease tenure is not negotiable and represents a standard feature of all HDB properties; however, the Housing Development Board has implemented lease buyback schemes enabling owners to extend 99-year leases, providing a pathway to mitigate future depreciation risk. As lease expiry approaches (typically beyond 60 years unexpired), resale values may experience modest compression attributable to buyer financing reluctance and reduced utility value; however, this impact remains gradual rather than precipitous, and the development's long remaining tenure currently presents no material concern for owner-occupiers or medium-term investors.

How does proximity to EW17 Tiong Bahru MRT Station influence capital appreciation and tenant demand at 57 Havelock Road?

The seven-minute walk to EW17 Tiong Bahru MRT Station represents one of the development's most significant value drivers, underpinning both capital appreciation and rental demand trajectories across market cycles. East-West Line connectivity provides direct access to the CBD, Marina Bay, and western employment zones, reducing commute friction for working-age residents and positioning the development as a highly accessible address for tenants and owner-occupiers alike. Historical data demonstrates that HDB properties within walking distance of established MRT stations command sustainable price premiums relative to non-connected alternatives; future CBD expansion and circle-line integration further enhance the development's transport positioning. The MRT proximity has historically supported rental demand resilience, as tenants consistently prioritise quick, reliable access to employment hubs and educational institutions over newer, transport-disadvantaged alternatives.

Which buyer profiles are best suited to purchasing at 57 Havelock Road—first-timers, upgraders, investors, or high-net-worth individuals?

57 Havelock Road appeals across multiple buyer segments, though each experiences distinct advantages depending on their circumstances. First-time homebuyers benefit from the development's established neighbourhood, transparent valuation history, and straightforward loan approval processes; however, entry prices may challenge younger buyers at the lower end of the market. Upgraders moving from suburban HDB properties to central locations find compelling value in the Tiong Bahru precinct's cultural appeal and transport accessibility, making this development an attractive step-up purchase. Investors targeting steady rental yields and long-term capital stability are well-served by the development's consistent tenant demand and scarcity of competing new supply in this central location. High-net-worth individuals seeking owner-occupied residences in cultural, walkable neighbourhoods find Tiong Bahru's character and lifestyle positioning aligned with their preferences, though this cohort often explores private residential alternatives alongside HDB options.

What Total Debt Servicing Ratio (TDSR) headroom do typical buyers experience at prevailing 57 Havelock Road price points?

TDSR headroom for HDB purchases at 57 Havelock Road depends on buyer age, household income, existing debt obligations, and loan tenure; however, typical professional purchasers with dual incomes and modest existing liabilities experience comfortable servicing ratios at prevailing price points. The Monetary Authority of Singapore's TDSR limit of 60% means that household total monthly debt servicing (including the prospective HDB mortgage) cannot exceed 60% of gross monthly income; for a S$500,000 purchase at current interest rates, households earning S$8,000 to S$10,000 monthly typically experience TDSR ratios of 45% to 55%, permitting meaningful spending flexibility. Younger purchasers (age 25 to 35) and those with substantial CPF balances benefit from maximum loan tenures extending to age 65, reducing monthly instalment burdens and improving TDSR headroom. Prospective buyers should engage HDB or private bank loan calculators to model their specific TDSR outcomes, accounting for all household debt including credit cards, car loans, and study loans.

How does 57 Havelock Road compare to nearby competing HDB and private residential developments in Tiong Bahru?

57 Havelock Road occupies a distinctive position within Tiong Bahru's residential supply, competing primarily against other mature HDB developments in the precinct (such as nearby addresses on River Valley Road and Zion Road) rather than against newer suburban launches. Compared to private residential projects in the broader Central Region, HDB properties at 57 Havelock Road deliver substantially lower entry prices whilst forfeiting land tenure certainty and long-term leasehold control; this trade-off appeals powerfully to value-conscious buyers and investors prioritising affordability and location over property ownership length. Against newer HDB launches in growth zones (Punggol, Sengkang), the development sacrifices modern finishes and architectural novelty but delivers immediately accessible transport connectivity, established neighbourhood character, and proven long-term appreciation. The absence of competing new HDB supply in Tiong Bahru itself provides 57 Havelock Road with scarcity value, sustaining pricing power relative to outer-ring alternatives.

Are specific unit stacks or floor levels at 57 Havelock Road considered superior for value retention and resale appeal?

Lower to mid-level floors (typically storeys 3 to 12) at 57 Havelock Road generally command strong demand and stable resale pricing due to reduced lift-waiting times, lower utility costs, and perceived safety advantages; these levels appeal broadly across first-time buyers, families with young children, and elderly residents. Higher floor levels (storeys 13+) attract premiums from buyers valuing enhanced views, natural ventilation, and reduced noise exposure, though this premium varies by specific stack orientation and proximity to busy roads such as Havelock Road itself. Units facing internal courtyards or secondary streets typically experience marginally better holding value than those fronting primary traffic arteries. South or south-west facing units benefit from afternoon natural light and enhanced summer ventilation, supporting stronger resale appeal; however, these preferences vary individually. Investors should examine recent floor-level transaction data at 57 Havelock Road to identify which storeys have historically delivered strongest price appreciation and rental yields, rather than relying on generalised assumptions.

What future supply and redevelopment risks should buyers at 57 Havelock Road anticipate in the Tiong Bahru district?

The Tiong Bahru precinct benefits from protected heritage status and established conservation guidelines that restrict large-scale redevelopment, meaning new HDB supply in this central location remains extremely limited or improbable. The Singapore Urban Redevelopment Authority's planning framework preserves Tiong Bahru's character and limits density intensification, structurally constraining future competing stock that might otherwise depress pricing. However, neighbouring precincts such as the Kampong Glam waterfront and Central Region developments may deliver new supply that indirectly competes for tenant pools and investor capital; buyers should monitor URA's master planning announcements regarding potential residential or commercial developments on nearby sites. Upgrading projects or major maintenance works affecting 57 Havelock Road's common areas or block-level infrastructure represent operational risks rather than capital-loss risks, though such expenditure may temporarily elevate maintenance contributions. Long-term, the scarcity of alternative central-location supply coupled with sustained demand from transport-dependent residents positions the development favourably against broader market supply dynamics.

[For Sale] Hdb Flat At 57 Havelock Road — From S$1000K