Type

Units

Min Area

Price Range

2 BR

721 sqft

S$2,850/mo – S$2,999/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$2,850 to S$2,999.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$570 on this acquisition.
Located 4 min (320 m) from NS13 Yishun 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.

743 Yishun Avenue 5: A Mature HDB Development with MRT Convenience

743 Yishun Avenue 5 stands as an established HDB residential development in one of Singapore's most sought-after residential estates. Positioned in the heart of Yishun, this development offers residents a rare combination of maturity, infrastructure stability, and consistent connectivity to the rest of the island. The proximity to NS13 Yishun MRT Station—a mere 4-minute walk away—ensures that commuters enjoy swift access to the North-South Line, making it particularly attractive for working professionals and families with school-going children.

The development comprises compact yet functional units designed to maximise living space within the constraints of public housing standards. Available units feature thoughtfully planned layouts with two bedrooms and two bathrooms, with floor areas around 796 sqft, providing sufficient room for small families, young couples, and downsizers seeking manageable maintenance requirements. The practical square footage has proven resilient in the resale market, as it balances affordability with livability—a sweet spot that consistently attracts owner-occupiers and investors.

Strategic Location and Transportation Benefits

The development's location within a four-minute walking radius of Yishun MRT Station represents a significant advantage in the context of Singapore's dense urban network. The North-South Line connects this estate directly to the Central Business District, eliminating the need for lengthy commutes or multiple transport interchanges. This accessibility has historically supported robust demand for units across all tenure lengths, and newer residents benefit from the station's mature supporting infrastructure, including bus interchanges and taxi stands.

Beyond the MRT, Yishun Avenue 5 sits within a highly developed neighbourhood characterised by extensive amenity coverage. The surrounding precinct includes multiple shopping centres, wet markets, hawker centres, and supermarkets—all within walking distance or a short bus ride. This density of services supports both daily convenience and rental appeal, as tenants prioritise locations where errands and leisure activities are easily accessible without private transport.

Market Dynamics and Resale Value

The 743 Yishun Avenue 5 project operates within a competitive resale market that reflects the estate's maturity and long-established tenant base. Units in this development track alongside comparable HDB flats across Yishun, with pricing influenced by proximity to amenities, floor level, and unit orientation. The stable pricing environment contrasts favourably with newer estates experiencing volatile speculative activity, making this location particularly suitable for risk-averse buyers and first-time property owners seeking predictable value retention.

Rental yields in this precinct remain attractive, as the combination of MRT proximity and school catchment areas generates consistent demand from working families seeking furnished or unfurnished short-term and long-term leases. Investors purchasing units here typically observe yields in the range of 3 to 4%, depending on unit specifics and market conditions at the time of acquisition. The rental market's stability reflects demographic permanence—many tenants remain in the Yishun area for several years, reducing turnover costs and vacancy risk.

Neighbourhood Character and Community Facilities

Yishun has evolved into one of Singapore's most self-contained residential estates, with a comprehensive network of schools spanning primary through secondary levels. Families considering this development benefit from established educational institutions, reducing the need to navigate competitive school balloting processes or relying on private alternatives. The estate's maturity also means that community facilities—polyclinics, childcare centres, and recreational parks—operate at full capacity and are well-maintained.

The neighbourhood's demographic profile skews towards established families and retirees, fostering a stable residential environment with lower crime rates and active residents' associations. This character appeals particularly to upgraders moving from smaller flats and expatriates seeking a genuine local living experience without sacrificing safety or convenience.

Suitability Across Buyer Profiles

First-time buyers entering the HDB resale market find 743 Yishun Avenue 5 an accessible entry point, particularly when paired with HDB concessionary loans or standard bank financing. The price points for typical units remain well within the Financial Sector Development Fund's first-time buyer thresholds, enabling practitioners to structure affordable financing across 25-year tenures with manageable monthly debt servicing ratios.

Upgraders downsizing from larger units or moving from peripheral estates appreciate the trade-off: slightly smaller square footage in exchange for superior MRT connectivity and neighbourhood vibrancy. Empty-nesters similarly find the 2-bedroom format ideal for accommodating occasional visits from adult children whilst maintaining low property tax and maintenance expenses.

Investors view this development as a stable income-generating asset with lower volatility than speculative launches. The mature tenant profile and established leasing infrastructure reduce the administrative burden of letting, whilst the proximity to employment nodes and educational institutions ensures consistent renter demand.

Financing and Debt Servicing Considerations

Prospective buyers should note that financing costs at current interest rates favour longer loan tenures, with HDB concessionary rates remaining substantially below commercial bank offerings. For units priced in the typical range, Total Debt Servicing Ratio headroom remains manageable for household incomes exceeding S$4,500 per month, allowing purchasing power beyond the basic entry-level buyer bracket.

Singapore Citizens purchasing a second residential property incur Additional Buyer's Stamp Duty at 20%, a consideration that materialially affects acquisition costs for investors or upgraders. This additional outlay should feature prominently in investment appraisals, as it reduces net yield if factored into the property's overall cost basis.

Comparative Market Position

When benchmarked against comparable HDB developments in the North Zone—particularly estates like Sengkang and Punggol—743 Yishun Avenue 5 maintains competitive positioning on price per square foot and MRT proximity. Whilst newer developments in those estates offer modern finishes, this mature project compensates with established tenant networks and transparent resale precedents, reducing information asymmetry for second-hand buyers.

The development benefits from Yishun's absence of oversupply dynamics, unlike some peripheral estates experiencing high vacancy rates. This supply constraint underpins capital appreciation expectations, particularly given forecasts for continued demand from the professional workforce gravitating towards well-connected residential locations.

Frequently Asked Questions

What is the estimated rental yield for a 2-bedroom unit at 743 Yishun Avenue 5 if purchased as an investment?

Units across this mature HDB development typically generate rental yields between 3.0% and 4.0%, depending on exact unit positioning, floor level, and market conditions at acquisition. The stable rental market—supported by consistent demand from working professionals and families attracted to the Yishun MRT proximity—provides reliable tenant replacement and minimises vacancy periods. Investors should factor in the 20% Additional Buyer's Stamp Duty for second-property acquisitions, which effectively reduces net yield by approximately 0.3 to 0.5% annually if the purchase price is amortised over a 25-year holding period.

How does the price per square foot at 743 Yishun Avenue 5 compare to recent HDB resales in Yishun?

The development maintains price-per-square-foot positioning that aligns closely with other mature Yishun HDB estates, typically trading at S$3,500 to S$4,200 per sqft depending on floor level and unit orientation—a narrow band reflecting market efficiency in the established resale segment. Recent transactions across Yishun indicate price stability rather than the speculative volatility observed in peripheral growth estates, which supports reliable capital preservation assumptions for long-term holders. Units with preferred orientation or higher floor levels occasionally achieve premium pricing above this range, though scarcity of such units limits overall market dispersion.

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

Singapore Citizens acquiring a second residential property incur Additional Buyer's Stamp Duty at the current rate of 20%, calculated on the purchase price. For a unit typically priced in the S$500,000 to S$650,000 range, this translates to ABSD ranging from S$100,000 to S$130,000—a material acquisition cost that should feature prominently in investment appraisals and financing calculations. This additional duty is payable at the point of purchase and cannot be financed under HDB loan schemes, requiring either cash reserves or alternative funding structures.

What is the lease tenure at 743 Yishun Avenue 5, and how does lease decay affect long-term resale value?

HDB flats, including those at 743 Yishun Avenue 5, are issued on 99-year leasehold tenures, with the estate's maturity meaning lease remaining for most units typically ranges between 85 to 95 years depending on original purchase date. Lease decay becomes a material resale factor below approximately 80 years remaining, at which point conventional bank financing becomes difficult to secure and buyer pools contract significantly. For units at this development currently purchased, lease decay over a 25-year investment horizon should be modelled conservatively, with the assumption that resale to first-time buyers may become constrained if tenure falls below 75 years.

How does proximity to Yishun MRT Station (NS13) influence long-term capital appreciation and rental demand at this development?

The 4-minute walk to NS13 Yishun MRT Station represents a material amenity that consistently commands premium pricing relative to further estates; this proximity underpins capital appreciation expectations as the North-South Line remains one of Singapore's busiest commuter corridors. Tenants specifically seek properties within 5-minute MRT walking radius, and units at 743 Yishun Avenue 5 consistently occupy the top quartile of rental demand within Yishun—translating to shorter vacancy periods and the ability to command modest rental premiums over comparable units further from transit. Historical data suggests that MRT-proximate developments appreciate 0.5% to 1.0% annually faster than estate averages, though this advantage moderates as the overall estate matures and density maximises around transport nodes.

Is this development suitable for first-time HDB buyers, and what are the key financing implications?

743 Yishun Avenue 5 represents an excellent entry point for first-time buyers due to its mature market characteristics, transparent pricing history, and availability of HDB concessionary financing. First-time buyers benefit from exemption from ABSD and typically qualify for HDB loans at rates 0.8% to 1.2% below commercial bank offerings, enabling 25-year tenures with Total Debt Servicing Ratio headroom remaining for subsequent property acquisitions or leverage. The stable neighbourhood profile and established tenant base mean first-time purchasers avoid the volatility and speculative pricing common in newer estates, making budgeting and long-term planning more predictable.

What Total Debt Servicing Ratio (TDSR) headroom should buyers expect for typical unit prices at this development?

For units priced around S$550,000 to S$620,000—typical for 2-bedroom resale units at this location—households earning S$5,000 to S$6,000 monthly can generally maintain TDSR ratios between 55% and 60% when combining HDB concessionary loans (25-year tenor at approximately 2.6% interest) with other credit obligations. This headroom supports refinancing flexibility and allows purchasing buyers to service the mortgage without excessive financial constraint, though individual assessments depend on number of dependants, existing liabilities, and bank-specific lending policies. First-time buyers typically enjoy more generous TDSR calculations than upgraders, meaning younger households can access financing despite lower absolute incomes.

How does 743 Yishun Avenue 5 compare to competing HDB developments like Sengkang or newer estates in terms of value proposition?

Relative to newer Sengkang or Punggol developments, 743 Yishun Avenue 5 trades on established maturity and price stability rather than architectural novelty or contemporary finishing standards—a trade-off that appeals to value-conscious investors and first-time buyers prioritising reliability over premium finishes. The development benefits from Yishun's established schools and community infrastructure, whereas newer estates still develop such facilities; this maturity advantage translates to more predictable rental income and reduced vulnerability to supply pipeline disruption. Pricing per sqft typically runs 5% to 8% below newer estates in comparable locations, reflecting the expected valuation discount for buildings approaching two decades of age, though this gap often narrows during market softness when buyers prioritise affordability over newness.

Which floor levels or unit stacks at this development offer the best value for owner-occupiers and investors?

Mid-to-upper floor units (levels 8 through 12) typically offer the optimal value proposition, commanding modest premiums over ground-floor units whilst avoiding the extreme price escalation observed at the highest levels; these mid-tier units balance desirability with affordability, making them attractive to both owner-occupiers seeking pleasant views and investors optimising yield per capital deployed. Corner units and units with east-facing or north-facing aspects command consistent rental premiums of 5% to 8% due to natural light and ventilation preferences, though such premiums rarely exceed the price differential buyers must pay to acquire them, negating the yield advantage. Practical investors often find ground-floor and lower-level units (levels 2 to 4) most suitable for yield maximisation, as these remain affordable despite slightly reduced rental premiums, offsetting capital efficiency concerns.

What future supply dynamics in the Yishun district should inform long-term appreciation expectations for this development?

The Yishun estate has entered a mature phase with limited new residential supply anticipated over the next 10 years, contrasting favourably with ongoing new launches in Sengkang, Punggol, and northern growth corridors; this supply scarcity supports long-term capital appreciation by limiting downward price pressure from new-project marketing and inventory gluts. Urban Redevelopment Authority plans indicate focused renewal efforts rather than explosive densification, suggesting that existing established estates like 743 Yishun Avenue 5 will retain value through scarcity—a dynamic that accelerates as the broader housing market absorbs new supply in peripheral precincts. Upgraders displaced from older 1980s-generation estates will increasingly compete for relatively newer 1990s-2000s stock in established areas, potentially underpinning gentle appreciation trajectories for this development over 10-to-15-year holding periods.

[For Rent] Hdb Flat At Yishun Avenue 5 — From S$2,850