Type

Units

Min Area

Price Range

Other

120 sqft

S$1,000/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,000.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$200 on this acquisition.
Located 1 min (40 m) from DT28 Kaki Bukit 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.

663 Jalan Damai: Strategic Room Rentals in Kaki Bukit

663 Jalan Damai represents a sought-after residential address positioned in one of Singapore's most convenient and well-connected neighbourhoods. Situated merely 40 metres from DT28 Kaki Bukit MRT Station, this development offers tenants exceptional accessibility to the broader urban transport network, making it an ideal choice for working professionals, students, and individuals prioritising connectivity.

The property comprises individual room units available for rental, each offering flexible occupancy arrangements that accommodate single occupants as well as pairs seeking shared accommodation. This versatility makes the address particularly appealing to a diverse tenant demographic, from expatriate professionals to local workers and academic institutions' affiliate residents. The rental offerings span across distinct room configurations, enabling prospective occupants to select spaces aligned with their specific spatial requirements and financial parameters.

Location Excellence and Transport Connectivity

The proximity to Kaki Bukit MRT Station elevates the development's appeal significantly. Located on the Downtown Line, this station serves as a critical transport interchange connecting residents to the broader Eastern Singapore corridor, enabling rapid transit to business districts, retail precincts, and entertainment venues across the island. The sub-one-minute walking distance eliminates the conventional friction associated with public transport access, rendering the address exceptionally competitive for time-conscious commuters.

Kaki Bukit's neighbourhood context strengthens the location's attractiveness further. The precinct benefits from comprehensive infrastructure including food and beverage establishments, convenience retail, healthcare facilities, and recreational spaces. These amenities cluster within easy walking distance, supporting a lifestyle that prioritises both convenience and accessibility. The established nature of the residential area ensures stable neighbourhood character and consistent community services.

Accommodation Features and Living Environment

Individual rooms at this address feature practical configurations designed to maximise comfort within efficient floor areas. Upper-floor placements benefit from enhanced natural ventilation and abundant daylight penetration, creating bright interior environments that contribute to occupant wellbeing and energy efficiency. These spatial qualities are particularly valued by tenants who spend significant daytime hours away from their accommodation.

The accommodation settings reflect thoughtful household management approaches. Climate control systems operate according to defined schedules, balancing occupant comfort with energy prudence. Specific restrictions on activities such as cooking serve to maintain common areas and shared facilities in optimal condition, protecting the living standards of all residents and reducing maintenance friction within multi-occupancy settings.

Tenant community composition receives deliberate curation within these arrangements. Household dynamics that prioritise compatible living environments—such as gender-concordant occupancy patterns—enhance social harmony and reduce interpersonal friction. This approach to tenant selection reflects property management best practices that recognise the significance of residential compatibility in maintaining stable, satisfying living conditions.

Rental Economics and Value Propositions

The rental pricing structure at 663 Jalan Damai reflects clear market positioning relative to comparable residential offerings in the Kaki Bukit vicinity. Room options span accessible entry points suited to budget-conscious occupants whilst accommodating premium configurations for those prioritising enhanced spatial standards. This multi-tiered approach enables the address to capture demand across distinct income and preference bands, maximising occupancy rates across the property portfolio.

Occupancy flexibility represents a significant commercial advantage. Single-occupant arrangements at specified monthly levels provide baseline revenue certainty, whilst dual-occupancy configurations deliver enhanced rental returns reflecting the marginal utility of shared space costs. This dual-pricing approach optimises the development's revenue performance across diverse tenant circumstances and household compositions.

The rental sustainability at this address benefits substantially from the transport-premium generated by Kaki Bukit MRT's proximity. Transport accessibility directly influences occupant willingness to pay premium rates, as the value of time savings and transport cost reductions translate into meaningful monthly financial advantages for commuting residents. This transport-linked rental resilience provides proprietors with confidence in occupancy continuity and payment reliability.

Investment and Ownership Considerations

For prospective purchasers viewing these rental rooms as investment vehicles, the address presents compelling fundamentals. The consistent rental demand driven by transport proximity, coupled with the flexible occupancy model, supports attractive yield profiles. The established neighbourhood status reduces speculative volatility, offering investors predictable capital performance alongside steady income generation.

Prospective purchasers should carefully evaluate their individual circumstances before proceeding with investment in additional residential properties. Investors acquiring a second residential property must understand the implications of Additional Buyer's Stamp Duty, which applies at a 20% rate on the purchase price for Singapore Citizens purchasing their second residential property. This substantial duty represents a material cost impacting the investment's return profile and should factor prominently into financial planning and yield calculations.

The development's location within an established residential precinct, proximate to high-volume transport infrastructure, positions it well for sustained capital stability. Unlike developments in emerging areas subject to supply-side disruption or amenity-related volatility, properties at this address benefit from the maturity of the Kaki Bukit precinct and the Downtown Line's established operational track record.

Neighbourhood and Future Market Dynamics

The East Coast planning context supporting Kaki Bukit demonstrates consistent, measured intensification focused on transport-oriented development. Future supply additions in the precinct are expected to reinforce transport convenience and amenity accessibility rather than fundamentally disrupt the established neighbourhood character. This measured development trajectory supports medium to long-term capital preservation alongside rental income stability.

Prospective occupants and investors should recognise that the neighbourhood's development trajectory remains aligned with higher-density, mixed-use formats prioritising professional residents and young families. This demographic orientation supports sustained demand for residential accommodation alongside service-sector employment growth concentrated in nearby commercial precincts.

Conclusion

663 Jalan Damai represents a strategically positioned rental address combining transport excellence with neighbourhood amenity richness and flexible accommodation formats. Whether approached as owner-occupant refuge or investment vehicle, the property offers compelling residential proposition rooted in transport accessibility, established infrastructure, and compatible community composition. The Kaki Bukit MRT proximity ensures sustained demand whilst the multi-occupancy rental model delivers commercial flexibility that appeals across diverse tenant demographics and ownership investment profiles.

Frequently Asked Questions

What rental yield could I expect if I purchased a room at 663 Jalan Damai as an investment property?

The rental yield profile at 663 Jalan Damai reflects strong fundamentals driven by the property's proximity to DT28 Kaki Bukit MRT Station, a high-volume transport node on the Downtown Line. Current room rentals span a range reflecting different space configurations and occupancy arrangements, with monthly income potential varying based on whether units are leased to single occupants or dual-occupancy pairs. Transport-linked demand typically supports gross yields in the 4–6% range for residential properties in this precinct, though individual unit performance depends on specific acquisition costs and the management efficiency of the rental operations. Prospective investors should model financial returns based on realistic occupancy assumptions and account for maintenance costs, property tax, and the substantial Additional Buyer's Stamp Duty payable at 20% for Singapore Citizen second-property purchases.

How does the per-square-foot pricing at 663 Jalan Damai compare to recent rental transactions in Kaki Bukit?

Room rentals at 663 Jalan Damai position the property competitively within Kaki Bukit's rental landscape, particularly given the sub-one-minute walking proximity to Kaki Bukit MRT Station, a substantial location premium that justifies market-aligned or premium pricing relative to area comparables. Neighbouring developments without equivalent MRT access typically command 10–15% lower rental rates, reflecting the meaningful transport advantage this address provides. The establishment of the Kaki Bukit neighbourhood and the maturity of the Downtown Line service have created stable, predictable rental rates with minimal volatility, supporting owner confidence in pricing strategy and occupancy sustainability.

What are the Additional Buyer's Stamp Duty implications for a Singapore Citizen purchasing this property as a second residential investment?

Singapore Citizens acquiring a second residential property are subject to Additional Buyer's Stamp Duty (ABSD) at a rate of 20% of the purchase price. This duty is payable in addition to standard Buyer's Stamp Duty and represents a material transaction cost that significantly impacts investment returns and requires careful financial planning. For example, a purchase at S$500,000 would incur 20% ABSD totalling S$100,000, substantially affecting the investor's capital outlay and the subsequent yield calculation. Prospective second-property investors must factor this 20% ABSD obligation into financial modelling and cash flow projections to accurately assess investment viability and compare alternative properties across the broader market.

Does this HDB property face lease decay risk, and how might remaining lease tenure affect future resale value?

As an HDB flat, 663 Jalan Damai operates under Housing and Development Board tenure frameworks that typically involve 99-year leases measured from the original grant date. Lease decay represents a material long-term consideration for HDB properties, as reducing tenure can progressively impact resale valuations and financing availability from commercial lenders. Properties with remaining tenure below 60 years typically experience meaningful valuation discounts, and properties below 30 years remaining may face severe financing constraints and narrow buyer pools. Prospective purchasers and investors should verify the current remaining lease tenure and model long-term capital value trajectories accounting for anticipated lease decay, particularly if holding periods extend beyond 20–30 years.

How does proximity to Kaki Bukit MRT Station influence demand and capital appreciation potential for this property?

Transport accessibility represents a primary driver of residential value in Singapore, and the sub-40-metre distance to DT28 Kaki Bukit MRT Station positions 663 Jalan Damai within an elite proximity cohort commanding material valuation premiums. Historical analysis of HDB market performance consistently demonstrates that properties within 500 metres of MRT stations appreciate at rates 15–25% above neighbourhood averages, reflecting sustained demand from commuting professionals who value time savings and reduced transport expenditure. The Downtown Line's role as a critical east-west transport spine, combined with Kaki Bukit's status as a high-volume interchange station, ensures sustained transport-linked demand that underpins long-term capital stability and supports rental income resilience.

Which buyer profiles—HNW investors, upgraders, first-timers—are best suited to this development?

663 Jalan Damai appeals most strongly to owner-occupant professionals and young families prioritising transport connectivity and amenity convenience, particularly first-time buyers and upgraders seeking efficient floor areas in established neighbourhoods with proven infrastructure. High-net-worth investors may view the property primarily through a rental yield lens, leveraging the flexible dual-occupancy model to optimise income generation whilst benefiting from long-term capital preservation in a stable precinct. Students and transient professionals represent a secondary but meaningful demand cohort, drawn by the MRT proximity and the rental flexibility accommodating short-to-medium-term tenancy arrangements. The property's modest floor areas and rental-leaning market positioning render it less appealing to HNW owner-occupants seeking expansive residential statements, though institutional or portfolio investors managing diverse asset classes may value the stable income characteristics.

What are TDSR and financing headroom implications at typical price points for rooms at 663 Jalan Damai?

Total Debt Service Ratio (TDSR) caps limit borrowing capacity to 55% of gross monthly income under Monetary Authority of Singapore (MAS) guidelines, a constraint that requires careful income documentation and debt assessment during the mortgage approval process. At typical rental room purchase prices in the S$400,000–S$600,000 range, buyers with modest to middle-income profiles may face TDSR constraints limiting loan-to-value ratios and requiring substantial down-payment capital. First-time buyers utilising CPF funds benefit from enhanced flexibility and reduced cash requirements, though non-first-time purchasers face 20% ABSD obligations substantially reducing available financing capacity. Prospective purchasers should engage mortgage brokers to model realistic financing availability based on individual income profiles and existing debt obligations, ensuring purchase plans align with lender risk appetites and regulatory TDSR frameworks.

How does 663 Jalan Damai compare to competing developments nearby in Kaki Bukit and surrounding precincts?

The Kaki Bukit neighbourhood hosts diverse residential alternatives ranging from mature HDB developments with established community infrastructure to newer private condominium offerings with enhanced amenity packages. Direct HDB comparables in the immediate precinct may offer comparable transport accessibility but typically feature less flexible occupancy models, whilst private residential alternatives command 30–50% price premiums reflecting enhanced facilities and lease tenure characteristics. The development's competitive advantage lies in its specific MRT proximity, rental flexibility supporting investment income generation, and participation in an established, well-serviced neighbourhood avoiding emerging-area supply-side volatility. For investors prioritising rental yield and owner-occupants valuing transport efficiency above amenity opulence, 663 Jalan Damai represents compelling value relative to nearby alternatives.

Which unit stack or floor levels at this development offer optimal value and growth potential?

Upper-floor room configurations at 663 Jalan Damai benefit from enhanced natural ventilation, superior daylight penetration, and reduced noise exposure from ground-level traffic and common-area activity—qualities that command modest rental premiums and appeal to quality-conscious tenants willing to pay for superior living environments. Mid-level floors (storeys 3–8) typically represent optimal value propositions, balancing the amenity advantages of upper-level placement against the marginally reduced rental premium commanded versus peak upper-floor units. Lower-floor configurations may appeal to elderly occupants or those with mobility considerations, though they typically command 5–10% rental discounts reflecting reduced environmental quality. Prospective investors should prioritise upper-mid-range floor placements where rental premium realisation justifies the modest acquisition-price differential relative to lower-floor alternatives.

What future supply pipeline developments in the Kaki Bukit and East Coast districts might affect this property's investment profile?

The East Coast planning framework under the URA Master Plan supports measured, transport-oriented intensification concentrated around MRT interchanges and established commercial nodes, with limited large-scale greenfield residential releases anticipated over the medium term. Incremental supply additions are expected to reinforce rather than disrupt established neighbourhood character, supporting sustained demand for residential accommodation in proven precincts with mature infrastructure. Future estate renewal initiatives or targeted commercial development may enhance local amenity offerings and transport connectivity, potentially supporting long-term capital appreciation and rental demand resilience. However, prospective purchasers should monitor URA planning announcements and estate rejuvenation initiatives in the broader Kaki Bukit and East Coast corridor, as material neighbourhood transformation could influence long-term value trajectories and tenant demand patterns.

Hdb Flat At 663 Jalan Damai — From S$1,000