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 Premier HDB Development in Tiong Bahru

Situated on one of Tiong Bahru's most sought-after addresses, 57 Havelock Road represents a compelling investment opportunity in an established residential enclave. This HDB development has long been recognised for its strategic positioning, excellent connectivity, and the calibre of residents it attracts. The property sits comfortably within the heart of a neighbourhood that has matured into one of Singapore's most desirable middle-income residential zones, combining affordability with proximity to key economic and cultural hubs.

The development offers multi-bedroom configurations designed to suit diverse household needs, with units spanning approximately 980 square feet and upwards. Each property is constructed to HDB standards, ensuring robust build quality and structural longevity. The floor plans have been thoughtfully designed to maximise natural light and ventilation, a hallmark of HDB residential architecture in this prime district.

Location and Connectivity

One of the standout features of 57 Havelock Road is its exceptional proximity to public transport infrastructure. The development is situated just seven minutes' walk—approximately 570 metres—from Tiong Bahru MRT Station on the East-West Line (EW17). This accessibility fundamentally shapes the appeal of the development, offering residents seamless connectivity to the wider transport network and making daily commuting to most parts of Singapore remarkably convenient.

The East-West Line itself connects directly to pivotal employment zones, including the Central Business District, the Biopolis precinct in one-north, and the emerging innovation corridors in western Singapore. For professionals working in these areas, 57 Havelock Road presents an efficient base that minimises travel time and transport expenditure. The station's integration with bus interchange facilities further enhances multimodal connectivity, allowing residents to reach peripheral residential zones, major shopping centres, and leisure destinations across the island.

Neighbourhood Character and Amenities

Tiong Bahru itself has evolved into one of Singapore's most vibrant and character-rich neighbourhoods. The area has successfully balanced heritage preservation with contemporary urban development, resulting in a unique residential environment that appeals to a broad demographic spectrum. Within the immediate vicinity of 57 Havelock Road, residents benefit from a dense network of dining establishments, cafés, retail outlets, and personal services establishments that reflect the neighbourhood's cosmopolitan character.

The development's position places it within easy reach of established primary and secondary schools, making it particularly attractive to families seeking quality education provision coupled with convenient urban living. Healthcare facilities, including polyclinics and private medical centres, are similarly well-distributed throughout the precinct. Recreational spaces, including parks and community facilities, provide green respite and leisure opportunities for residents of all ages.

Investment Characteristics

From an investment perspective, 57 Havelock Road occupies a compelling position within Singapore's residential property market. The development benefits from the maturity and stability associated with well-established HDB neighbourhoods, whilst simultaneously participating in the ongoing capital appreciation driven by infrastructure upgrades, intensified land utilisation, and sustained demand for centrally located properties. The historical performance of Tiong Bahru properties indicates resilient capital growth, supported by consistent rental demand and strong end-user purchasing interest.

The catchment around 57 Havelock Road has demonstrated robust rental market activity. Investors acquiring units at this development can typically expect respectable yield returns, underpinned by the neighbourhood's appeal to both young professionals and expatriate tenants seeking convenient, well-connected residential bases. The stable occupancy rates in the broader Tiong Bahru precinct provide confidence that rental income can be sustained across economic cycles.

Property Specifications and Configuration

Units at 57 Havelock Road are configured to provide functional family living spaces with modern amenities befitting contemporary urban lifestyles. The three-bedroom, two-bathroom layouts offer flexibility for family households, home-based workers, and investors seeking to maximise utility. The approximately 980-square-foot floorplate represents an efficient use of space, typical of well-designed HDB units from this generation of developments.

The development adheres to all HDB construction and safety standards, ensuring durable, low-maintenance residential environments. Common areas have been designed to foster community interaction, with landscaping and shared facilities reflecting modern urban design principles. The overall architectural approach of 57 Havelock Road represents the culmination of HDB's extensive experience in medium-density residential development, combining practical functionality with aesthetic consideration.

Market Positioning and Competitive Context

Within the broader Tiong Bahru and Greater Central region, 57 Havelock Road positions itself as a premium HDB offering. The property's pricing reflects its exceptional location, proximity to transport, and the strength of underlying demand from both owner-occupiers and investors. When compared to competing developments in the wider Outram and Central region, 57 Havelock Road's cost per square foot remains competitive whilst offering superior locational advantages and connectivity benefits.

The development sits at an attractive price point for upgraders relocating from more peripheral HDB estates, as well as for investors seeking exposure to one of Singapore's most resilient and well-connected residential precincts. First-time buyers with adequate financing capacity may also find the property appealing, particularly those prioritising transport connectivity and neighbourhood amenities over maximum space at the periphery.

Future Outlook and Value Preservation

Looking forward, 57 Havelock Road stands to benefit from continued infrastructure investment in the broader Central region. The Government's ongoing focus on enhancing walkability, cycling infrastructure, and green spaces within established urban villages aligns with the development's core positioning. Additionally, the sustained scarcity of prime centrally-located residential real estate in Singapore supports the longer-term capital appreciation trajectory of properties at this address.

For prospective purchasers, 57 Havelock Road represents a fundamentally sound residential investment, combining immediate livability with robust medium to long-term value preservation characteristics. The development's established market reputation, proven track record, and strategic location position it as a resilient choice within Singapore's competitive residential landscape.

Frequently Asked Questions

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

Properties at 57 Havelock Road have historically demonstrated gross rental yields in the range of 2.5% to 3.5% annually, depending on the specific unit configuration and prevailing market conditions at the time of purchase. The robust tenant demand in Tiong Bahru—driven by the neighbourhood's proximity to the CBD, excellent transport connectivity, and appeal to young professionals—supports consistent occupancy rates and steady rental progression over time. Investors should note that yields are influenced by acquisition timing, unit-level characteristics, and market cycles; purchasing during softening periods may enhance yield prospects, whilst purchasing during peak demand may compress initial returns but potentially improve capital appreciation.

How does the price per square foot at 57 Havelock Road compare to recent transactions in the Tiong Bahru area?

Properties at 57 Havelock Road typically trade at per-square-foot valuations that reflect the development's prime Central location and exceptional MRT connectivity, generally positioning in the mid-to-premium band for HDB flats in the broader Outram GRC and Tiong Bahru precinct. Recent comparable transactions in the immediate neighbourhood suggest price per square foot in the region of S$1,200 to S$1,400, though this can vary based on floor level, unit condition, and specific sale circumstances. The development's cost per square foot compares favourably to newly built or recently renovated HDB units in comparably accessible locations, whilst offering superior value relative to private residential alternatives in the same postcode.

What are the Additional Buyer's Stamp Duty (ABSD) implications for a Singapore Citizen purchasing a second residential property at 57 Havelock Road?

A Singapore Citizen purchasing a second residential property at 57 Havelock Road will incur Additional Buyer's Stamp Duty at the rate of 20%, applied to the purchase price above the first S$180,000 of the consideration. For a unit priced around S$1.2 million, ABSD would represent a substantial component of acquisition costs, typically amounting to approximately S$200,000 or more when calculated across the relevant valuation bands. This duty must be paid within fourteen days of the execution of the sale and purchase agreement and materially impacts total cash outlay for investors or upgraders moving from existing properties. First-time purchasers and holders of their sole place of residence benefit from exemption from ABSD, making 57 Havelock Road particularly attractive for owner-occupiers acquiring their primary residential property.

Does lease decay present a resale risk for units at 57 Havelock Road, and how might this affect future capital value?

57 Havelock Road is an HDB development, and HDB units are typically held on 99-year leases from the point of initial construction; the specific lease tenure of any individual unit depends on when the development was completed and when the property was first acquired. As HDB leases approach their final decades—typically below thirty years remaining—resale value and refinancing capacity can experience material compression, as banks impose stricter loan-to-value ratios and valuation matrices become less favourable. Purchasers should ascertain the precise lease expiry date of any unit under consideration and factor potential lease decay into their longer-term investment horizon. However, the Government has introduced lease extension schemes and Buy-Back programmes for older HDB properties, providing potential mitigation mechanisms for holders of units approaching lease expiry.

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

The seven-minute walk to EW17 Tiong Bahru MRT Station fundamentally underpins both the immediate desirability and long-term capital appreciation potential of 57 Havelock Road. Properties with direct MRT accessibility typically command price premiums of 15% to 25% relative to comparable units further from transport nodes, as the reduction in commuting time and cost creates tangible benefit for both owner-occupiers and tenants. The East-West Line's strategic routing through major employment zones, including the CBD and innovation precincts, ensures sustained tenant demand and appeals to a broad demographic spectrum. Historical analysis demonstrates that properties within 400 metres of an MRT station experience superior capital growth trajectories and lower volatility during market downturns, positioning 57 Havelock Road advantageously relative to peripheral developments lacking such connectivity.

Which buyer profiles—HNW, upgraders, first-timers, investors—are best suited to 57 Havelock Road?

57 Havelock Road appeals to a diverse buyer spectrum, each finding distinct value propositions in the development. Upgraders relocating from HDB heartland estates appreciate the neighbourhood's maturity, amenities, and CBD proximity; the property offers a natural stepping stone between starter flats and private residential alternatives. First-time buyers with adequate financing capacity and a preference for centrally-located owner-occupied homes find 57 Havelock Road compelling for its transport convenience and established community character. Investors recognise the robust rental demand, capital growth potential, and lower volatility associated with well-positioned Central properties, making the development attractive for portfolio diversification away from peripheral zones. High-net-worth individuals seeking efficient, low-maintenance residential bases that do not require direct property management benefit from the professional HDB maintenance ecosystem and the flexibility of leasing.

What Total Debt Service Ratio (TDSR) headroom and financing capacity should purchasers expect when financing units at 57 Havelock Road?

With unit prices ranging around S$1.2 million, purchasers can typically access approximately 75% to 80% loan-to-value (LTV) financing from HDB-approved or commercial lending institutions, provided they satisfy credit and income criteria. At these price points, a purchaser with household income of S$15,000 per month would generally qualify for mortgage financing at the maximum 60% TDSR threshold without difficulty, with monthly obligations (inclusive of the mortgage, utilities, and existing debt service) remaining within regulatory limits. The precise financing capacity depends on individual credit profiles, existing debt commitments, and the lending institution's specific underwriting parameters; purchasers should obtain pre-approval from their preferred lending institution before progressing to formal offer stage. The relatively high capital requirement—particularly when factoring ABSD for second-property purchasers—means that liquid equity reserves are essential, and prospective buyers should ensure comfort with the cash injection required on top of mortgage financing.

How does 57 Havelock Road compare to other competing HDB developments in the Tiong Bahru and Outram area?

57 Havelock Road stands among the most desirable HDB addresses in the broader Tiong Bahru and Outram precinct, competing primarily against nearby developments such as those in Keong Saik Road, Sago Lane, and the broader Central Tiong Bahru conservation area. The development's primary competitive advantage lies in its exceptional MRT accessibility—7 minutes' walk to EW17—combined with pricing that remains competitive relative to nearby alternatives, particularly older stock requiring renovation. Compared to newly launched HDB projects in peripheral zones (such as Tengah or Punggol), 57 Havelock Road commands a premium reflecting its Central location and immediate liveability, though the per-square-foot cost remains notably below private residential apartments in equivalent locations. When assessed against other mature HDB developments in the East-West corridor (such as Clementi or Jurong), Tiong Bahru benefits from superior CBD proximity and more extensive lifestyle amenities, justifying the incremental valuation premium.

Which unit stacks or floor levels at 57 Havelock Road offer the best value proposition for buyers?

Middle-stack units—typically floors three through seven of multi-storey HDB blocks—frequently represent optimal value at 57 Havelock Road, offering a balance between price accessibility (lower than penthouse positions) and livability (superior to ground-floor and first-floor units, which experience greater noise and visual privacy compromises from thoroughfare activity). Ground and first-floor units may trade at modest discounts reflecting these environmental disadvantages, though they appeal to elderly residents and purchasers with mobility considerations. Higher-floor units command premiums reflecting superior views, reduced noise exposure, and enhanced natural ventilation; however, the incremental cost per square foot often exceeds the quantifiable utility benefit, making mid-stack positions mathematically superior for value-focused purchasers. Prospective buyers should physically inspect units at various levels to determine personal preferences; however, from a pure capital value and rental appeal perspective, middle-stack positions typically deliver the most efficient risk-return characteristics.

What is the future supply pipeline for HDB properties in the Tiong Bahru and Central region, and how might this affect 57 Havelock Road's scarcity value?

The Tiong Bahru precinct is a mature, fully developed residential zone with minimal additional HDB supply in the immediate pipeline; the Government's focus on new HDB construction has shifted to expansion precincts such as Tengah, Woodlands, and the eastern sectors, meaning that Central-located properties like 57 Havelock Road benefit from structural supply scarcity. The Government's broader urban planning strategy emphasises intensifying existing developed areas through selective en-bloc redevelopment rather than new greenfield HDB construction in Central Singapore, further supporting the relative scarcity premium for established Tiong Bahru properties. Prospective purchasers should be aware that whilst new HDB supply remains limited in Central precincts, private residential development continues in nearby zones; however, the divergence between HDB and private market cycles means that limited HDB supply typically underpins capital stability and prevents sharp depreciation cycles. Over the longer term, the structural undersupply of centrally-located HDB properties relative to sustained demand positioning should support resilient capital appreciation for 57 Havelock Road.

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