Type

Units

Min Area

Price Range

2 BR

603 sqft

S$365K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$365K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$73,000 on this acquisition.
Located 2 min (160 m) from CC8 Dakota 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.

95 Old Airport Road: Accessible Central Living Near Dakota MRT

95 Old Airport Road represents a compelling proposition for those seeking efficient, strategically positioned housing in Singapore's eastern corridor. Situated mere metres from Dakota MRT Station on the Circle Line, this HDB development provides residents with immediate connectivity to key employment zones, shopping precincts, and leisure destinations across the island. The proximity to public transport transforms daily commuting into a seamless experience, whether your workplace lies in the financial district, Marina Bay, or the broader eastern region.

The development's location along Old Airport Road places it within an established, well-serviced neighbourhood characterised by mature infrastructure and community amenities. The nearby Old Airport Road Hawker Centre remains a focal point for residents seeking authentic dining experiences and casual social gathering. This traditional heartland setting appeals equally to those seeking affordable owner-occupied housing and experienced investors identifying stable rental demand.

Transport Connectivity and Urban Integration

Proximity to Dakota MRT Station—just a two-minute walk away—elevates the practical appeal of this address. The Circle Line connection enables rapid transit to diverse destinations: Dhoby Ghaut and the cultural quarter lie within fifteen minutes; Marina Bay and the financial core sit approximately twenty minutes distant; and onward connections to the North-South, East-West, and Thomson Lines open the entire island to commuters. For those with personal vehicles, the development's location ensures quick access to the Pan-Island Expressway network and onward routes to Suntec City and the eastern coast.

This exceptional transport positioning has historically supported sustained demand in the locality. Buyer and tenant interest remains resilient in precincts well-served by MRT infrastructure, and Dakota's emergence as a transit node has consistently attracted demographics spanning young couples, upgraders seeking more space, and portfolio investors targeting rental stability.

Neighbourhood Character and Amenities

The Old Airport Road vicinity combines the practical advantages of urban living with the quieter rhythm characteristic of established eastern neighbourhoods. Beyond the hawker centre, residents benefit from proximity to retail outlets, grocery chains, clinics, and educational facilities. The area's maturity means infrastructure planning is complete; residents are not dependent on future developments for essential services. This stability often translates to predictable property values and rental appeal over longer investment horizons.

For families considering this address, nearby primary schools serve the catchment, and secondary institutions lie within reasonable distance. The neighbourhood's mixed-use character—residential strata, commercial activity, and transport nodes—creates a self-contained urban environment without the intensity of central zones.

Unit Typologies and Living Efficiency

The development offers compact, thoughtfully proportioned units designed to maximise usable space and natural light. Two-bedroom configurations prove particularly popular among first-time owners seeking entry-level acquisition without stretching financing parameters, and among investors prioritising rental yield per dollar invested. Bathroom provisions and storage solutions reflect contemporary HDB design standards, appealing to buyers accustomed to modern conveniences.

The modest floor area encourages efficient utility consumption and lower maintenance burdens, factors appreciated by owner-occupiers and hands-off investors alike. Furnishing and renovation costs remain proportionate to space, enabling purchasers to allocate remaining budgets toward location premiums or financial buffers.

Investment Appeal and Rental Market Dynamics

The combination of MRT adjacency, established neighbourhood character, and relatively accessible entry pricing creates a favourable environment for portfolio investors. The locality consistently attracts tenants spanning young professionals, foreign executives on assignment, and dual-income couples preferring eastern precincts closer to workplaces. Rental demand remains steady across market cycles, underpinned by the transport node's role in channelling commuter flow.

Investors evaluating this development should note that HDB lease decay—the gradual diminution of property value as the 99-year lease term progresses—does not apply to 99-year leasehold HDB properties in the early decades of ownership. However, purchasers acquiring second properties must account for Additional Buyer's Stamp Duty at 20% on the purchase price if they are Singapore Citizens. This represents a substantial upfront cost and should factor prominently into investment yield calculations and total acquisition outlay.

Buyer Suitability and Financial Considerations

95 Old Airport Road appeals across multiple buyer segments. First-time purchasers benefit from the development's affordability tier, enabling entry into ownership without maximal mortgage leverage. Young upgraders transitioning from rental or smaller properties find the space-to-price ratio compelling, particularly given transport convenience. Established investors recognise the stable tenant demand and modest price per square foot positioning relative to nearby alternatives.

Prospective buyers should evaluate their Total Debt Servicing Ratio (TDSR) headroom carefully. HDB financing through the Central Provident Fund (CPF) remains accessible to citizens and permanent residents, and many purchasers access concessionary CPF housing loan rates. However, financing capacity must account for both CPF deduction limits and cash outlay requirements. Second-property purchasers face the additional 20% ABSD levy, which can represent a material financing requirement and should be stress-tested against household cash reserves and income projections.

Comparative Context and Market Position

Within the eastern HDB landscape, 95 Old Airport Road occupies a distinctive niche owing to its MRT proximity and established estate character. Competing developments in Bedok, Geylang, and the broader eastern zone offer varying configurations, but few combine transport adjacency with the price positioning available at this address. Buyers conducting market comparisons should weight transport convenience heavily, as Dakota MRT station accessibility represents a material amenity premium not present in peripheral estates.

The locality's maturity also distinguishes it from newer Build-To-Order (BTO) projects which may offer greater space at similar or lower price points but lack established infrastructure and the transport node advantage. For time-constrained buyers prioritising immediate occupancy and connectivity, 95 Old Airport Road merits serious consideration against the BTO pipeline timeline.

Forward Planning and Long-Term Outlook

The eastern corridor continues to benefit from strategic urban planning initiatives including the Cross Island Line (expected to enhance transport redundancy and connectivity) and ongoing precinct development. While 95 Old Airport Road already enjoys mature infrastructure, future improvements to the broader transport network may further elevate its accessibility appeal. Investors with medium to long-term holding horizons may benefit from these incremental enhancements to the area's connectivity profile and economic vitality.

Prospective purchasers are advised to visit the development during weekday and weekend periods to assess traffic patterns, transport crowding, and neighbourhood ambience. Observing peak commute windows will provide realistic insight into daily living conditions. Engaging local property professionals familiar with the Dakota MRT catchment can further refine understanding of rental market dynamics and recent transaction comparables in the immediate vicinity.

Frequently Asked Questions

What rental yield can investors typically expect from units at 95 Old Airport Road?

Rental yields at 95 Old Airport Road typically range between 3% to 4.5% gross annually, depending on unit configuration and current market rates. The development's proximity to Dakota MRT Station and established neighbourhood amenities support consistent tenant demand spanning young professionals, foreign executives, and couples seeking eastern locations with strong transport links. To calculate your specific yield, divide annual rental income by total acquisition cost (including the 20% ABSD levy for second-property Singapore Citizen purchasers). Investors should also factor in property tax, maintenance contributions, potential vacancy periods, and CPF withdrawal limitations when modelling cash-on-cash returns. The steady tenant pool in MRT-adjacent estates historically translates to lower void periods compared to peripheral developments, supporting more reliable yield realisation.

How does the price per square foot at 95 Old Airport Road compare to recent HDB transactions in the Dakota MRT catchment?

Price per square foot at 95 Old Airport Road positions competitively within the Dakota MRT and eastern HDB landscape, typically ranging from approximately S$600 to S$700 per square foot for comparable two-bedroom units, depending on floor level, stack position, and exact unit condition. Recent sales data in nearby Bedok and Geylang precincts—developments without immediate MRT adjacency—often trade at S$550 to S$650 per square foot, reflecting the MRT proximity premium. Peripheral eastern HDB estates further from transport nodes trade notably cheaper, though at the cost of commute inconvenience and rental demand concentration. The proximity to Dakota MRT Station justifies a modest per-square-foot premium relative to less well-connected developments, and this premium has historically proven stable across market cycles. Prospective buyers should obtain recent comparable transactions from the same development and neighbouring addresses to calibrate purchase offers against current market sentiment.

What is the Additional Buyer's Stamp Duty (ABSD) implication for Singapore Citizens purchasing a second property at this development?

Singapore Citizens purchasing a second residential property at 95 Old Airport Road face an Additional Buyer's Stamp Duty (ABSD) levy of 20% on the purchase price, in addition to standard Buyer's Stamp Duty and other acquisition costs. For a unit priced at S$365,000, this equates to S$73,000 in ABSD alone—a substantial upfront cost that must be funded through cash reserves rather than CPF housing loan proceeds. Total acquisition costs therefore may reach approximately S$420,000+ when accounting for standard stamp duty, legal fees, survey costs, and agent commissions. This 20% ABSD applies regardless of whether the first property is still owned or has been disposed; the determination is based on the number of residential properties held at the time of purchase. Second-property investors must stress-test their financing capacity and ensure adequate liquidity to cover the ABSD liability whilst meeting loan servicing obligations. First-time purchasers and those acquiring their first property face no ABSD, making the distinction material when evaluating investment feasibility.

What lease decay risk should I be aware of, and how might it affect resale value?

95 Old Airport Road HDB units, being 99-year leasehold properties, experience gradual lease decay as the lease term diminishes—a process that accelerates noticeably as the lease falls below sixty years. Currently, units at this established development are still in the early-to-mid stages of their lease term, meaning decay risk remains minimal for purchasers with medium-term holding horizons (five to ten years). However, lease decay does accelerate from approximately year 60 onward, at which point buyer interest and valuation multiples typically compress. Prospective investors should verify the exact lease commencement date and calculate remaining tenure to model long-term resale prospects. Properties with leases below sixty years often face financing constraints and reduced buyer pools, pressuring resale values. For owner-occupiers planning to remain long-term, this is less critical; for investors, purchasing when lease tenure remains robust (ideally 70+ years remaining) protects capital appreciation and rental demand. Financial institutions also increasingly scrutinise leasehold tenure and may impose stricter LTV ratios on properties with shortened lease terms.

How does proximity to Dakota MRT Station affect demand, capital appreciation, and future market positioning?

Dakota MRT Station's strategic role within the Circle Line network fundamentally enhances 95 Old Airport Road's desirability and capital retention profile. Properties within two minutes' walk of MRT stations consistently command premium valuations and sustain stronger demand across buyer and tenant cohorts compared to estates requiring longer commutes. The MRT adjacency reduces perceived commuting friction, enabling purchasers to evaluate opportunity costs relative to central locations rather than peripheral estates. This transport node effect typically translates to capital appreciation outpacing inflation and broader property indices during expansionary cycles, and better resilience during downturns. The planned Cross Island Line may further enhance the locality's connectivity redundancy, potentially elevating the development's medium-term appeal. Investors prioritising capital stability and tenant demand consistency should weight MRT proximity heavily; transport-connected estates historically outperform during rental market tightening and provide psychological comfort to owner-occupiers concerned about holding-period return volatility. The development's position ensures it remains attractive across interest-rate cycles and macroeconomic environments that might challenge more peripheral addresses.

Is 95 Old Airport Road suitable for first-time buyers, upgraders, HNW individuals, and portfolio investors?

95 Old Airport Road appeals across diverse buyer profiles for distinct reasons. First-time buyers benefit from the development's entry-level pricing, MRT convenience, and established infrastructure, enabling them to commence ownership without maximal leverage or relocation anxiety. Upgraders moving from smaller rentals or one-bedroom units find the two-bedroom configuration and transport access compelling, particularly young couples or small families prioritising connectivity over sprawling space. High-net-worth (HNW) individuals less focused on this address as a primary residence may view it as a defensive portfolio diversifier—a stable, low-volatility rental asset in an MRT-adjacent precinct without the intensity or expense of city-fringe property. Portfolio investors recognise the steady tenant demand, modest price point enabling multiple-unit acquisition, and stable lease tenure (no imminent decay concerns), positioning the development as attractive within balanced property portfolios. The development does not suit buyers prioritising large living areas, modern architectural prestige, or boutique amenities; these constituencies typically pursue newer condominiums or landed property. Conversely, anyone prioritising transport convenience, neighbourhood maturity, and financial accessibility should seriously consider this address.

What are the TDSR implications and financing headroom at typical 95 Old Airport Road price points?

At current pricing around S$365,000, typical HDB two-bedroom units at 95 Old Airport Road require down payments of 10-20% to satisfy Loan-to-Value (LTV) requirements, leaving financed amounts of S$292,000 to S$328,500. Using the CPF housing loan rate of approximately 2.6% per annum (subject to variation), monthly mortgage servicing on a thirty-year tenor ranges from approximately S$1,340 to S$1,505. Total Debt Servicing Ratio (TDSR) limits cap monthly debt repayment at 60% of gross monthly household income, meaning purchasers require household income of approximately S$2,235 to S$2,510 monthly to comfortably service the mortgage alone (at 60% TDSR). Most employed purchasers meet this threshold; however, those with existing consumer debt, vehicle loans, or credit liabilities must model cumulative obligations against TDSR limits, potentially constraining borrowing capacity. Second-property purchasers must additionally fund the 20% ABSD levy (S$73,000), reducing cash available for down payment reserves or post-acquisition maintenance buffers. CPF withdrawal limits may also constrain the quantum available for down payment from a single member's account, necessitating spousal contributions or cash supplementation. Early stress-testing with HDB financial planning tools ensures realistic financing headroom prior to commitment.

How does 95 Old Airport Road compare to nearby competing HDB developments like those in Bedok and Geylang?

95 Old Airport Road's primary competitive differentiator is immediate MRT station adjacency, a feature absent from most established Bedok and Geylang HDB estates which typically require 10-15 minute walks to the nearest MRT. This transport advantage justifies the modest pricing premium (S$50-100 per square foot) relative to comparable Bedok units and slightly steeper pricing versus peripheral Geylang addresses. Bedok developments typically offer marginally larger unit configurations and sometimes newer renovation standards, appealing to families prioritising space over transport convenience; however, tenants and owner-occupiers generally value Dakota MRT access more highly than incremental square footage. Geylang estates often trade cheaper on a per-square-foot basis but suffer from lower tenant demand intensity and less favourable neighbourhood perception. The key decision for purchasers lies in their priority weighting: if daily commute efficiency and consistent rental demand are paramount, 95 Old Airport Road's MRT adjacency justifies the price positioning; if maximising rentable area at the lowest cost is the priority, peripheral Bedok or Geylang may prove financially superior despite transport trade-offs. Recent transaction data in each precinct should be obtained to calibrate relative value propositions at your specific budget level.

Which unit stacks, floor levels, or stack positions typically offer the best long-term value at 95 Old Airport Road?

Mid-stack units (typically stack positions 4-8 within a block) at 95 Old Airport Road generally offer superior long-term value relative to ground-floor or top-stack units. Ground-floor units face higher perceived security concerns, potential dampness from monsoon weather, and reduced natural ventilation, typically commanding 5-10% discounts relative to mid-levels. Conversely, top-stack units command aesthetic premiums and marginally superior natural lighting but often experience higher cooling costs due to roof-level heat absorption, and face noise exposure from maintenance access. Mid-stack positioning balances these factors optimally. Floor level (low, mid, or high within the block) carries less weight at HDB estates than at high-rise condominiums; however, lower floors benefit from quicker lift access and perception of easier emergency egress, whilst upper floors command marginally superior views and reduced street-level noise. For investment purposes, mid-stack, mid-to-upper-floor units typically attract the broadest tenant pool and command consistent rental premiums. Purchasers should physically inspect multiple stack positions before committing, as orientation relative to overhead highways, industrial zones, or neighbouring blocks substantially affects amenity perception and long-term satisfaction. Corner units sometimes offer superior natural light and reduced noise exposure, potentially justifying modest pricing premiums for owner-occupiers.

What is the future supply pipeline for HDB developments in the eastern corridor, and how might it affect 95 Old Airport Road's long-term positioning?

The eastern corridor remains a focus area for HDB's Build-To-Order (BTO) programme, with new projects periodically launched in precincts such as Bedok, Tampines, and proposed expansion zones along the upcoming Cross Island Line corridor. Future BTO launches in the eastern region may initially create supply competition and pricing pressure on resale HDB estates like 95 Old Airport Road; however, the sustained tenant demand and MRT-node advantage typically insulate established, transport-connected developments from adverse volume pressures. Historically, newer BTO projects trade at similar or even premium pricing relative to older resale estates, reflecting longer remaining lease tenure and modern architectural/amenity standards; therefore, 95 Old Airport Road's established infrastructure and immediate transport access serve as defensive positioning against BTO competition. The planned Cross Island Line enhancement may further elevate the locality's appeal by enabling multi-directional connectivity and transport redundancy, potentially sustaining medium-term capital appreciation despite broader eastern corridor BTO supply. Investors should monitor HDB planning announcements and BTO launch schedules to contextualise their acquisition timing; purchasing immediately prior to a major BTO launch in the same catchment may present timing risks, whilst acquiring post-launch may offer relative value if market sentiment tilts toward new supply. Consultation with local market specialists tracking eastern corridor supply pipeline enables more informed decision-making around entry timing and holding horizons.

Hdb Flat At Old Airport Road — From S$365K