Type

Units

Min Area

Price Range

Other

150 sqft

S$1,200/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,200.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$240 on this acquisition.
Located 10 min (800 m) from CR4 Pasir Ris East MRT Station (U/C).

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?

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147 Pasir Ris Street 13: HDB Residential Living in Pasir Ris

147 Pasir Ris Street 13 represents a compelling residential offering within Singapore's established HDB landscape, positioned in the vibrant Pasir Ris estate. This development brings accessible housing solutions to one of the island's mature residential precincts, catering to diverse buyer demographics seeking quality accommodation at competitive price points. The project's location within Pasir Ris places it at the heart of a well-established neighbourhood with established transport links and community infrastructure.

Location and Transport Connectivity

Situated at 147 Pasir Ris Street 13, this development benefits from strategic positioning within the Pasir Ris district, a neighbourhood characterised by established residential communities and commercial convenience. The proximity to Pasir Ris East MRT Station, currently under construction and located approximately 800 metres away, represents a significant long-term advantage for residents and investors alike. Upon completion of this new MRT station, the development's connectivity profile will enhance substantially, potentially reducing travel times to key employment nodes and shopping districts across Singapore's broader transport network.

The upcoming MRT connectivity is particularly meaningful for daily commuters and will likely support sustained demand for residential units in this locality. Properties situated within 1 kilometre of new MRT stations typically experience appreciable capital value improvements in the years following station opening, reflecting the transport premium that Singapore investors and owner-occupiers place on accessibility. Current residents benefit from existing bus networks and road infrastructure, whilst the future MRT enhancement promises to elevate the estate's attractiveness significantly.

Market Positioning and Buyer Suitability

This HDB development caters to multiple buyer profiles within Singapore's residential market. First-time homebuyers benefit from the established neighbourhood's stability and the relative affordability this segment offers compared to private residential alternatives. Upgraders moving from smaller units or seeking relocation within the mature HDB sector find the project's location attractive, particularly given the forthcoming MRT enhancement. Investors pursuing rental income within the HDB market recognise that Pasir Ris maintains consistent tenant demand from working professionals and families seeking convenient eastside living.

The development's compact unit dimensions make it particularly suitable for efficient space utilisation, appealing to owner-occupiers prioritising practicality over sprawling floor plates. For portfolio-focused investors, HDB exposure within a geographically diverse holding offers defensive characteristics against single-sector concentration whilst maintaining exposure to Singapore's residential real estate fundamentals.

Investment Considerations and Rental Dynamics

Investors evaluating this development should consider the rental yield potential within Pasir Ris's established tenant market. The estate has historically attracted working professionals, young families, and expatriates seeking accessible residential accommodation with established amenities. Rental demand in this precinct remains resilient, supported by the proximity to employment corridors and the neighbourhood's maturity. Properties available for lease in comparable Pasir Ris locations typically achieve lettable periods of 1–3 weeks, reflecting steady underlying demand.

Prospective investor-purchasers must account for Additional Buyer's Stamp Duty (ABSD) at the rate of 20% applied to the purchase price when acquiring a second residential property as a Singapore Citizen. This duty materially impacts acquisition costs and influences the quantum of equity required for financing purposes. Investors should factor this tax implication into their expected returns calculations and stress-test their yield projections against current rental rate benchmarks for comparable units in the surrounding estate.

Financing and TDSR Implications

For owner-occupier purchasers obtaining residential mortgage financing, the development's price positioning typically permits manageable Total Debt Service Ratio (TDSR) headroom under current lending parameters. Most major Singapore banks apply a 60% TDSR ceiling for HDB residential lending, meaning that borrowers can service total monthly debt obligations (including the property mortgage) of up to 60% of gross monthly income. Units available within this development's price range generally facilitate TDSR-compliant financing for household income profiles representative of the typical Pasir Ris resident demographic.

Prospective buyers should engage with financial advisors to assess personal financing capacity and ensure that mortgage serviceability remains comfortable under stress scenarios, such as interest rate increases. The Monetary Authority of Singapore's macroprudential housing measures impose interest rate buffers during mortgage assessment, meaning that lenders stress-test loan applications against elevated rate scenarios to validate repayment capacity.

Competitive Context and Market Supply

Within the broader Pasir Ris HDB market, this development competes alongside other established housing stock and newer launches. The Pasir Ris estate encompasses multiple precincts with varying unit types, sizes, and tenure vintages, creating a diverse supply landscape. Recent transaction data for comparable HDB units in Pasir Ris indicate price-per-square-foot ranges consistent with mature estate positioning, with variance reflecting unit size, floor level, and orientation relative to cardinal directions and neighbouring amenities.

The forthcoming completion of Pasir Ris East MRT Station will likely influence pricing dynamics across the broader estate, potentially supporting values for properties in proximity to the new station. Buyers evaluating 147 Pasir Ris Street 13 should consider this estate-wide context when assessing relative value and capital appreciation potential over medium to longer-term investment horizons.

Unit Stack and Positioning Considerations

Within HDB developments, floor level and unit stack positioning influence amenity access, natural light exposure, and perceived desirability among different buyer cohorts. Lower and mid-level units may command accessibility premiums for buyers with mobility considerations or families with young children prioritising proximity to ground-level facilities. Higher-level units often attract purchasers seeking enhanced privacy, reduced ambient noise exposure, and improved ventilation characteristics. Investors should recognise that unit positioning subtly influences rental demand profiles; properties commanding enhanced natural light and reduced noise typically attract premium-paying tenants willing to pay slightly higher rents for environmental quality.

District Supply Dynamics and Future Development

The Pasir Ris precinct remains subject to ongoing urban planning initiatives within Singapore's broader residential strategy. The Housing and Development Board continues to optimise estate infrastructure, community facilities, and transport connectivity to support resident living standards. The Pasir Ris East MRT Station, currently under construction, exemplifies this commitment to enhancing regional accessibility. Long-term supply within Pasir Ris will be managed through the HDB's centrally planned construction programmes, ensuring that future new housing stock aligns with demographic demand and housing policy objectives.

Medium-term capital appreciation prospects for properties at 147 Pasir Ris Street 13 benefit from this planned MRT enhancement and the estate's positioning as an established, fully serviced residential precinct. Buyers and investors should anticipate that property values within approximately 1 kilometre of the new MRT station may experience appreciation acceleration following station commissioning, reflecting the transport premium inherent to Singapore's property market.

Conclusion

147 Pasir Ris Street 13 offers a residential solution within Pasir Ris's established market segment, combining accessibility, affordability, and proximity to forthcoming transport infrastructure. The development appeals to diverse buyer profiles—from first-time homebuyers establishing their residential foundation to investors seeking rental-yielding assets within Singapore's HDB landscape. The upcoming MRT enhancement promises to elevate the development's long-term appeal and capital value trajectory. Prospective purchasers and investors should evaluate this opportunity within their personal financial context, considering TDSR capacity, acquisition costs including ABSD where applicable, and rental yield expectations where investment motivation governs the purchase decision.

Frequently Asked Questions

What rental yield could an investor realistically expect from units at 147 Pasir Ris Street 13?

Rental yields for HDB units at this Pasir Ris development typically range between 2.5% and 4% gross per annum, depending on unit size, floor level, and orientation. Pasir Ris maintains a stable tenant base of working professionals and young families, supporting consistent lettable demand and reasonable holding periods of 1–3 weeks for comparable units. Investors should model yield projections conservatively, accounting for void periods, maintenance costs, and property tax obligations, and should stress-test expectations against rising interest rates that may compress rental demand at the upper end of affordability for tenant cohorts.

How does the price-per-square-foot at 147 Pasir Ris Street 13 compare to recent HDB transactions in the surrounding area?

Recent psf pricing for comparable HDB units in Pasir Ris typically ranges between S$1,000 and S$1,400 per square foot, reflecting unit size, age, floor level, and condition variance. Transactions at 147 Pasir Ris Street 13 should be evaluated within this band, with units commanding pricing at the lower end if they are mid-level or lower-floor positions facing common spaces, and pricing at the higher end for properties with superior orientation, privacy, or accessibility to amenities. The imminent completion of Pasir Ris East MRT Station has begun influencing pricing for properties within 1 kilometre of the new station, potentially supporting higher valuations relative to estate units positioned more remotely from transport nodes.

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

Singapore Citizens purchasing a second residential property at 147 Pasir Ris Street 13 are liable for Additional Buyer's Stamp Duty (ABSD) at a rate of 20% applied to the purchase price. For example, acquiring a unit priced at S$450,000 would trigger ABSD of S$90,000, materially increasing total acquisition costs and equity requirements for financing. This duty materially impacts net rental yields and cash-on-cash returns for investor purchasers, necessitating careful underwriting of investment cases and stress-testing of assumptions around capital appreciation and rental income to justify the investment outlay inclusive of ABSD liability.

Does lease decay present a resale value risk for properties at this HDB development, and how should buyers evaluate tenure implications?

As an HDB development, properties at 147 Pasir Ris Street 13 typically carry 99-year leasehold tenure, though specific lease start dates and remaining lease terms should be verified for each individual unit through official HDB documentation. HDB leasehold properties do experience lease decay as remaining lease periods shorten; however, the Singapore government's Home Improvement Programme provides lease extension opportunities for HDB owners whose leases fall below 30 years, helping to mitigate extreme decay scenarios. For buyer-occupiers with moderate holding horizons (10–20 years), lease decay presents minimal resale friction; however, investors should calculate remaining lease terms relative to their intended holding period and model potential lease extension costs should they become relevant during their ownership tenure.

How will the nearby Pasir Ris East MRT Station (under construction) influence demand and capital appreciation for this development?

The Pasir Ris East MRT Station, currently under construction and located approximately 800 metres from 147 Pasir Ris Street 13, represents a significant positive catalyst for medium-term capital appreciation and demand sustainability. Properties positioned within 1 kilometre of new MRT stations in Singapore historically experience value appreciation of 5–15% in the 2–3 years following station commissioning, reflecting the transport premium that owner-occupiers and investors place on accessibility. Enhanced MRT connectivity will broaden the potential tenant pool, supporting rental demand from commuters seeking convenient access to employment nodes and educational institutions across Singapore; this accessibility improvement is particularly valuable for investor-focused purchasers seeking to maximise lettability and rental rate potential.

Which buyer profiles are best suited to purchasing at 147 Pasir Ris Street 13, and what are the key value drivers for each segment?

First-time homebuyers benefit from this development's affordability, established neighbourhood infrastructure, and manageable financing requirements within TDSR constraints applicable to typical household incomes. Upgraders moving from smaller HDB units or seeking relocation within the mature estate sector find Pasir Ris attractive due to its stability, established amenities, and the forthcoming MRT enhancement supporting long-term property value. Investors pursuing rental income within the HDB market recognise consistent tenant demand in Pasir Ris, with the added benefit of future MRT connectivity enhancing lettability and supporting rental rate sustainability. HNW (high-net-worth) individuals may view HDB exposure as a portfolio diversification component, balancing private residential concentration with stable, income-yielding HDB assets.

What TDSR and financing headroom should a typical buyer model for properties at this development, and what are current lending considerations?

HDB residential financing typically operates under a 60% Total Debt Service Ratio ceiling imposed by Singapore's banking institutions, meaning borrowers can service total monthly debt obligations up to 60% of gross monthly income. For owner-occupier purchasers, units at 147 Pasir Ris Street 13 typically facilitate TDSR-compliant financing across household income profiles representative of Pasir Ris residents, generally ranging from S$4,000 to S$8,000 monthly gross income. Mortgage lenders stress-test applications against interest rate buffers, effectively assessing serviceability at rates approximately 2–3% above current lending rates; buyers should model personal cash flow resilience under stress scenarios and ensure that mortgage obligations remain comfortably manageable should interest rates rise materially.

How does 147 Pasir Ris Street 13 compare competitively to other HDB developments in the Pasir Ris estate and surrounding precincts?

Pasir Ris comprises multiple HDB precincts with varied unit typologies, tenure vintages, and amenity proximities, creating a competitive landscape with differentiated value propositions. Comparable developments within Pasir Ris may offer similar pricing but with variations reflecting floor level, orientation, facing direction, and proximity to estate facilities or transport nodes. The forthcoming Pasir Ris East MRT Station will influence competitive positioning across the estate; properties within immediate walking distance (under 500 metres) of the new station may command modest pricing premiums relative to units positioned more remotely. Buyers should conduct comparative estate research, examining recent transaction data for similar-sized units at varying floor levels and orientations to establish realistic pricing benchmarks and identify relative value opportunities.

Which unit stacks or floor levels at this development offer optimal value proposition, and what factors drive pricing and desirability variance?

Mid-level units (typically floors 5–15 in standard HDB blocks) often represent optimal value within this development, balancing accessibility for families with young children or elderly residents against the privacy and ventilation benefits sought by other cohorts. Lower-floor units may attract purchasers with mobility concerns or those prioritising proximity to ground-level facilities and transport, commanding accessibility premiums. Higher-floor units appeal to privacy-focused buyers and command ventilation and light advantages, often supporting slightly elevated rental rates for tenants willing to pay for environmental quality. Floor level variance can generate 5–10% pricing differences for comparable unit sizes and orientations; investors should assess their target tenant profile and prioritise floor levels aligned with likely lettable demand, balancing acquisition costs against expected rental rate sustainability.

What is the future supply pipeline for HDB housing in Pasir Ris and surrounding districts, and how might this influence long-term capital appreciation prospects?

The Housing and Development Board's medium-term construction pipeline for Pasir Ris and adjacent precincts includes planned new housing stock managed through centrally coordinated construction programmes aligned with Singapore's broader residential demand forecasts. The government's emphasis on rejuvenating mature estates includes infrastructure upgrades, community facility enhancements, and strategic transport connectivity improvements—exemplified by the Pasir Ris East MRT Station currently under development. Controlled supply growth supports stable long-term capital values for existing properties; however, buyers should recognise that large-scale new supply completions in adjacent precincts may moderately moderate appreciation momentum during peak new-unit availability periods. The Pasir Ris East MRT enhancement represents a structurally positive development that should support sustained demand and capital value resilience for well-positioned properties such as those at 147 Pasir Ris Street 13, particularly in the medium term following station commissioning.

[For Rent] Hdb Flat At 147 Pasir Ris Street 13 — From S$1,200