Type

Units

Min Area

Price Range

3 BR

1119 sqft

S$600K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$600K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$120K on this acquisition.
Located 14 min (1.2 km) 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.

262 Yishun Street 22: A Mature HDB Development in North Singapore

262 Yishun Street 22 represents a well-established public housing development nestled in Yishun, one of Singapore's largest and most mature residential precincts. Situated in the northern region of the island, this HDB block has become a fixture of the Yishun landscape, providing durable and accessible accommodation to thousands of families over several decades. The development's location in this established estate offers residents the stability of a mature neighbourhood coupled with the practical advantages of long-standing infrastructure and community services.

The proximity to NS13 Yishun MRT Station, positioned approximately 1.2 kilometres away, ensures reasonable connectivity to Singapore's broader public transport network. While the station lies beyond immediate walking distance for some, it nonetheless serves as a key transit hub linking residents to employment centres, educational institutions, and recreational destinations across the island. The MRT connection remains a defining feature for commuters and contributes meaningfully to the development's appeal for working-age occupants and professionals.

Unit Composition and Layout

The development accommodates multiple unit types, with configurations ranging across different bedroom categories to suit varying household needs. Units within the development typically offer between 1,100 and 1,200 square feet of internal space, providing ample room for family living or multigenerational arrangements. The internal layouts incorporate practical zoning, with generous living areas, separate kitchen facilities, and multiple bedroom and bathroom provisions that reflect contemporary standards for public housing in Singapore.

Prospective buyers and tenants benefit from the flexibility to select configurations matching their specific requirements, whether prioritising additional sleeping quarters for expanding families or favouring open-plan living zones for social entertaining. The range of available units across different storeys and stack positions further enhances selection options for those seeking particular orientation, natural light, or amenity access preferences.

Pricing and Market Position

Units at 262 Yishun Street 22 are positioned competitively within the Yishun HDB resale market, reflecting the development's established status and accessibility. The pricing corridor spans from approximately S$600,000 upwards, depending on unit configuration, floor level, remaining lease duration, and market conditions. This positioning places the development within reach of first-time buyers utilising Housing and Development Board financing, upgraders seeking additional space without premium pricing, and investors targeting yield-generating acquisitions in a mature estate with demonstrated rental demand.

The per-square-foot metrics align with recent transactional evidence across comparable Yishun HDB blocks, suggesting pricing that reflects neither excessive scarcity premium nor structural undervaluation. Market dynamics in this precinct have historically supported steady appreciation for owner-occupiers, particularly where unit conditions and lease tenure remain strong, making this development relevant to buyers with medium to long-term holding horizons.

Investment Considerations for Second Property Buyers

Purchasers acquiring 262 Yishun Street 22 as a second residential property must account for Additional Buyer's Stamp Duty (ABSD) at the rate of 20% on the purchase price. This substantial levy materially affects the total acquisition cost and investment thesis, requiring careful financial structuring and cashflow analysis before commitment. First-time buyers remain exempt from ABSD, positioning this development as particularly attractive for owner-occupiers making their initial Singapore residential purchase.

For investors contemplating rental-yield strategies, the 20% ABSD imposition necessitates acquisition prices considerably above market value to achieve competitive returns, placing focus firmly on capital appreciation rather than immediate yield optimisation. The mature nature of Yishun ensures consistent rental demand from working professionals and families, though gross rental yields typically moderate in the 3% to 4% range after factoring in stamp duty, maintenance, and property tax obligations.

Lease Tenure and Financing Accessibility

HDB flats at 262 Yishun Street 22 are offered with sturdy lease tenures—typically either 999-year leases or, where applicable, remaining lease periods reflecting the block's age and en bloc transaction history. The lease tenure framework directly influences both financial accessibility and long-term asset resilience. Properties with longer remaining lease periods command stronger financing terms from banking institutions, as loan-to-value ratios and tenure-aligned repayment schedules become more favourably structured.

Prospective buyers should confirm exact remaining lease tenure during due diligence, as this single factor substantially impacts both mortgage approval quantum and future resale marketability. HDB housing with 99-year leases transitioning into final decades will exhibit accelerating lease decay, progressively eroding capital value and limiting buyer pools to those with shorter investment horizons or occupancy timeframes precisely aligned to remaining tenure.

Neighbourhood Infrastructure and Amenities

Yishun district encompasses extensive local amenities reflecting its status as a mature planning area developed over multiple decades. Residents enjoy proximity to shopping centres, hawker centres, schools spanning primary through secondary education levels, healthcare facilities, and recreational parks. The neighbourhood's established character means that essential services and community infrastructure remain readily accessible without requiring travel to distant commercial zones.

The presence of educational institutions across multiple levels makes this development particularly appealing to families with school-age children, whilst hawker centre density ensures affordable dining and social gathering opportunities remain integrated into daily neighbourhood life. Retail and services clustering around the MRT station further concentrate convenience shopping and essential commerce within manageable travel distances.

Capital Appreciation Drivers

Long-term capital growth at 262 Yishun Street 22 remains anchored to Yishun's evolution as a district, broader HDB market dynamics, and macroeconomic property cycles. Historically, HDB resale prices in mature estates have tracked inflation and population demand pressures, with particular sensitivity to lease decay and comparative location advantage. The development's positioning near MRT connectivity and within a district consistently attracting new residents underpin moderate appreciation expectations for extended holding periods.

Buyers motivated by capital growth should contextualise this development within a 10+ year investment horizon, allowing sufficient time for estate maturation value capture and protective separation from immediate lease decay concerns. Conversely, buyers planning to occupy the property long-term benefit from price stability and wealth-preservation characteristics inherent to HDB assets held through retirement phases.

Comparative Market Position

262 Yishun Street 22 competes directly with other established HDB blocks within Yishun and surrounding northern precincts. Comparative analysis across Yishun Street developments, nearby Ang Mo Kio properties, and southern Sembawang blocks reveals pricing dynamics reflecting shared MRT accessibility, block age cohort, and remaining lease tenure patterns. This development's established reputation and unit availability provide meaningful choice for buyers evaluating the broader Yishun market.

Investors comparing potential acquisitions across Yishun should weigh relative pricing against unit age, internal condition, and proximity to local amenities. The development's maturity and stable lease tenure position it as a reliable baseline comparison point for understanding achievable pricing levels in this district.

Frequently Asked Questions

What is the estimated rental yield for investors purchasing at 262 Yishun Street 22 as a second property?

Gross rental yields for HDB units in this Yishun location typically range between 3% and 4% per annum, calculated on the original purchase price before accounting for the mandatory 20% ABSD levy, annual property tax, and maintenance costs. After factoring in the 20% ABSD surcharge that applies to second residential property purchases by Singapore Citizens, the effective yield compression becomes material—pushing net returns considerably lower unless capital appreciation provides offsetting gains. Investors should model acquisition prices at S$600,000 and above, assuming monthly rental rates aligned to comparable Yishun HDB units currently lettable at rates reflecting the development's location proximity and unit configuration.

How does the per-square-foot pricing at 262 Yishun Street 22 compare to recent Yishun HDB resale transactions?

Recent resale transactions across comparable Yishun HDB blocks demonstrate per-square-foot pricing in the S$530–S$570 range depending on lease tenure, floor level, and block age. At a development price point of approximately S$600,000 for units spanning roughly 1,100–1,200 square feet, the effective per-square-foot rate positions between S$500–S$545, reflecting competitive alignment with established Yishun market parameters. This pricing positioning indicates neither premium scarcity valuation nor structural discounting, suggesting fair-value acquisition opportunities for buyers with moderate holding timescales and neutral expectations regarding rapid appreciation.

What is the ABSD impact for a Singapore Citizen purchasing 262 Yishun Street 22 as a second residential property?

A Singapore Citizen acquiring this development as a second residential property incurs Additional Buyer's Stamp Duty at the current rate of 20% applied to the purchase price. On a transaction valued at S$600,000, this equates to S$120,000 in ABSD liability, materially increasing total acquisition cost to S$720,000 before accounting for legal fees and disbursements. This 20% duty rate significantly impacts investment returns and requires careful cashflow planning; first-time homebuyers remain entirely exempt from this levy, making this development particularly attractive for owner-occupiers completing their maiden residential purchase.

What lease decay risks apply to 262 Yishun Street 22, and how does remaining tenure affect resale value?

Lease tenure at 262 Yishun Street 22 varies depending on the specific unit's transaction history; units may carry 999-year leases, 99-year leases, or remaining terms reflecting prior acquisition dates. HDB flats transitioning below 80 years remaining lease experience accelerating valuation decline as buyer pools narrow to those with constrained investment horizons and refinancing institutions tighten loan-to-value parameters. Prospective buyers must confirm exact remaining lease tenure during purchase negotiations, as this single variable exerts profound influence on both current acquisition pricing and future resale marketability across different holding periods.

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

The 1.2-kilometre distance to NS13 Yishun MRT Station positions this development beyond pedestrian convenience for most commuters but within reasonable cycling and short bus journey distances, moderating the premium typically commanded by properties in immediate station proximity. MRT accessibility nonetheless remains a key demand driver for working-age occupants and professionals seeking island-wide transit connectivity, supporting consistent rental demand and modest long-term appreciation trajectories. Extended holding periods demonstrate that MRT proximity benefits accumulate gradually through population density intensification and service network expansion, making this development particularly suitable for investors with 10+ year horizons tolerating near-term price stability in exchange for infrastructure-driven medium-term growth.

Which buyer profiles are best suited to acquire units at 262 Yishun Street 22?

First-time homebuyers seeking established neighbourhoods with proven infrastructure and avoiding ABSD penalties represent an ideal buyer profile, as exemption from the 20% second-property duty substantially reduces acquisition friction. Young families and upgraders from smaller HDB units benefit from the spacious unit configurations and mature estate amenities suited to child-rearing and community integration. Property investors with medium to long-term horizons (10+ years) find value in the stable lease tenure and consistent rental demand within Yishun; however, investors must carefully model ABSD impact and accept moderating yield expectations given maturity-sector characteristics. Owner-occupiers prioritising location stability and neighbourhood maturity over cutting-edge amenities and new developments will discover genuine value at this established block.

What Debt-to-Service Ratio (TDSR) headroom and financing terms should buyers expect at typical 262 Yishun Street 22 pricing levels?

HDB financing at price points around S$600,000 typically enables loan quantum up to S$450,000–S$480,000 (depending on income levels and debt obligations) at tenure-aligned 25-year repayment periods, yielding approximate monthly servicing costs between S$2,000–S$2,200 at prevailing HDB lending rates. Buyers with household income exceeding S$5,000–S$6,000 monthly will demonstrate comfortable TDSR ratios (typically capped at 60% by HDB) accommodating this financing profile alongside existing obligations. First-time buyers utilising the HDB Enhanced Housing Loan (EHL) scheme can access improved loan-to-value ratios and extended repayment tenures, further enhancing affordability at entry price points within this development's range.

How does 262 Yishun Street 22 compare to competing Yishun HDB developments in terms of pricing and appeal?

Comparable Yishun HDB blocks including units on Yishun Street, Ang Mo Kio Avenue, and surrounding precincts exhibit pricing generally within S$50,000–S$100,000 variance depending on specific block age, remaining lease tenure, and exact MRT proximity metrics. 262 Yishun Street 22's established reputation and consistent unit availability position it as a reliable market baseline offering fair-value acquisition opportunities without requiring premium pricing associated with newly completed or rare-availability blocks. Buyers systematically comparing multiple Yishun offerings should weight this development's proven track record and stable lease tenure against newer blocks potentially offering modern finishes but carrying less extensive historical transaction evidence.

Which unit stack levels or floor positions offer the best value proposition at 262 Yishun Street 22?

Mid-level units (floors 6–12) typically command modest pricing premiums reflecting natural lighting and elevated sightlines whilst remaining substantially cheaper than highest-storey units where premium pricing accelerates sharply. Lower-storey units (floors 1–5) may attract modest discounts reflecting street-level noise and reduced privacy perception, positioning them as value acquisitions for buyers prioritising financial efficiency over amenity preferences. Within mid-level stacks, eastern and western exposures generally sustain competitive pricing relative to northern or southern orientations; buyers should evaluate specific stack characteristics alongside absolute pricing to identify best-value floor combinations matching personal preference thresholds and budgetary constraints.

What future supply pipeline and district planning developments could affect appreciation and demand for 262 Yishun Street 22?

Yishun district planning continues evolving with infrastructure intensification around MRT corridors and mixed-use development nodes; however, the mature precinct character suggests limited large-scale new HDB supply directly competing with established blocks like this development. Longer-term district evolution toward older resident cohorts and potential estate rejuvenation initiatives (such as selective en bloc acquisitions or upgrading programs) could influence demand patterns and capital dynamics, though such transformations operate across multi-decade horizons. Buyers should monitor Urban Redevelopment Authority (URA) Master Plan updates and HDB refreshment initiatives affecting Yishun, as these macro-level planning decisions ultimately shape neighbourhood demand trajectories and asset longevity valuations across extended holding periods.

[For Sale] Hdb Flat At 262 Yishun Street 22 — From S$600K