Block 28 Hoy Fatt Rd
28 Hoy Fatt Rd, Singapore 151028
Block 28 Hoy Fatt Rd is an HDB block in Bukit Merah, completed in 1967, with 148 dwelling units. Across 195 resales on record, 3-Room flats have recently resold around S$300k (S$539 psf, 60 sqm). The lease has approximately 40 years remaining.
What are the key facts about Block 28 Hoy Fatt Rd?
Block 28 Hoy Fatt Rd is an HDB block in Bukit Merah, completed in 1967, with 148 dwelling units.
- Town
- Bukit Merah
- Planning area
- Bukit Merah
- Completed
- 1967
- Storeys
- 16
- Total units
- 148
- Flat model
- Standard · Adjoined Flat
- Market segment
- RCR
- Median resale
- S$300k
- Last transacted
- Mar 2026
- Remaining lease
- ≈ 40 years
What are resale prices at Block 28 Hoy Fatt Rd?
3-Room flats have recently resold around S$300k (S$539 psf), from 195 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 2-Room | 66 | S$258,000recent | 47 sqm | S$510 psf |
| 3-Room | 128 | S$305,000recent | 60 sqm | S$472 psf |
| 4-Room | 1 | S$568,000 | 112 sqm | S$471 psf |
Live now: 11 flats listed for sale at this block (median asking S$345k) — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Mar 2026.
What rent and yield does Block 28 Hoy Fatt Rd get?
Flats at Block 28 Hoy Fatt Rd have recently sublet for a median of S$2,800/mo, an indicative gross rental yield of about 11.2% (from 24 recent rental contracts).
Median rent
S$2,800/mo
24 recent contracts
Gross rental yield
11.2%
indicative, gross
Annual rent
S$33,600
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 24 | S$2,800/mo |
| 4-Room | 3 | S$2,800/mo |
| 2-Room | 4 | S$900/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract May 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 28 Hoy Fatt Rd?
Block 28 Hoy Fatt Rd has 195 recorded resales; the most recent transacted at S$260,000 in Mar 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Mar 2026 | 2-Room | 13 TO 15 | 47 sqm | S$260,000 |
| Jun 2025 | 3-Room | 07 TO 09 | 60 sqm | S$356,000 |
| Apr 2025 | 2-Room | 07 TO 09 | 47 sqm | S$280,000 |
| Feb 2025 | 3-Room | 13 TO 15 | 60 sqm | S$372,000 |
| Jan 2025 | 2-Room | 10 TO 12 | 47 sqm | S$300,000 |
| Nov 2024 | 2-Room | 07 TO 09 | 47 sqm | S$295,000 |
| Aug 2024 | 3-Room | 16 TO 18 | 60 sqm | S$338,000 |
| Dec 2023 | 3-Room | 10 TO 12 | 60 sqm | S$348,000 |
| Aug 2023 | 2-Room | 10 TO 12 | 47 sqm | S$280,000 |
| Apr 2023 | 3-Room | 01 TO 03 | 60 sqm | S$285,000 |
| Feb 2023 | 3-Room | 13 TO 15 | 60 sqm | S$328,000 |
| Dec 2022 | 3-Room | 07 TO 09 | 60 sqm | S$305,000 |
What flat types are in Block 28 Hoy Fatt Rd?
Block 28 Hoy Fatt Rd has 148 units, mostly 3-Room flats of the Standard / Adjoined Flat model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 28 Hoy Fatt Rd?
Block 28 Hoy Fatt Rd is an HDB block in Bukit Merah.
Block 28 Hoy Fatt Rd is an HDB block located along Hoy Fatt Rd. The block is recorded as completed around 1967, with up to 16 storeys. It has an estimated 148 residential units based on the HDB property information dataset. Flat types in the block include 2-room, 3-room, and 4-room units.
The address is Block 28 Hoy Fatt Rd, Singapore 151028. It is part of District 03, Queenstown / Tiong Bahru, the Bukit Merah planning area. The block falls within the Central Region and the RCR market segment.
The nearest rail connection is Redhill MRT, approximately 802m away, around 12 minutes on foot. Nearby amenities include Anchorpoint for shopping, NTUC Fairprice Co-operative Ltd for groceries, ABC Brickworks Market & Food Centre for food options, Telok Blangah Hill Park for greenery and recreation, Bukit Merah Polyclinic for polyclinic services, and Leng Kee Community Centre for community facilities.
How far is Block 28 Hoy Fatt Rd from MRT and schools?
The nearest MRT/LRT to Block 28 Hoy Fatt Rd is Redhill MRT, about 802 m away (~13 min walk). 3 schools are within 1 km, including 1 primary school.
Getting around
- Redhill MRT802 m · ~13 min
- Queenstown MRT976 m · ~15 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Bukit Merah Secondary SchoolSecondary schoolwithin 1 km387 m
- Gan Eng Seng Primary SchoolPrimary schoolwithin 1 km · P1 priority617 m
- Queenstown Secondary SchoolSecondary schoolwithin 1 km826 m
- Queenstown Primary SchoolPrimary school1.0 km
- Crescent Girls' SchoolSecondary school1.1 km
- Blangah Rise Primary SchoolPrimary school1.2 km
- Gan Eng Seng SchoolSecondary school1.5 km
- Alexandra Primary SchoolPrimary school1.7 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 28 Hoy Fatt Rd?
Buying a flat at Block 28 Hoy Fatt Rd (~S$300k) needs about S$2,392/mo in income and S$1,126/mo in repayments, after S$4,200 stamp duty and a S$75k downpayment.
Illustrative, for a buyer at the recent median resale price (S$300k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$4,200
BSD, tiered
Downpayment (25%)
S$75k
cash + CPF
Monthly instalment
S$1,126/mo
25y @ 3.5%
Income required
S$2,392/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 28 Hoy Fatt Rd? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 28 Hoy Fatt Rd land close to the town median — fair value, no big premium.
Frequently asked questions about Block 28 Hoy Fatt Rd
How much does a 3-Room flat at Block 28 Hoy Fatt Rd cost?⌄
3-Room flats at Block 28 Hoy Fatt Rd have recently resold for a median of about S$300k (S$539 psf), from 195 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 28 Hoy Fatt Rd by flat type?⌄
2-Room ≈ S$258k; 3-Room ≈ S$305k; 4-Room ≈ S$568k (median resale, HDB caveats).
Is Block 28 Hoy Fatt Rd worth buying given its remaining lease?⌄
Block 28 Hoy Fatt Rd has about 40 years left on its 99-year lease (completed 1967). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 28 Hoy Fatt Rd?⌄
Gross rental yield at Block 28 Hoy Fatt Rd is about 11.2%, based on a median subletting rent of about S$2,800/mo against a resale price of about S$300k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 28 Hoy Fatt Rd?⌄
For a flat at about S$300k on a 25-year HDB-style loan, you'd need roughly S$2,392/mo in household income, with repayments around S$1,126/mo after a S$75k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 28 Hoy Fatt Rd?⌄
The nearest MRT/LRT station to Block 28 Hoy Fatt Rd is Redhill MRT, about 802 m away (~13 min walk).
Which primary schools are within 1 km of Block 28 Hoy Fatt Rd?⌄
Gan Eng Seng Primary School is within 1 km of Block 28 Hoy Fatt Rd — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.