Type

Units

Min Area

Price Range

3 BR

1571 sqft

S$828K

4 BR

1572 sqft

S$828K

Property Highlights

HDB development with 2 units currently available.
Prices currently start from S$828K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$166K on this acquisition.

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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162 Yung Ping Road: A Mature HDB Development in a Well-Connected Neighbourhood

162 Yung Ping Road represents a mature housing option within Singapore's established public residential landscape. This development comprises HDB flats designed to accommodate growing families and those seeking to upgrade into larger living spaces. The units on offer feature three-bedroom and two-bathroom configurations, with internal areas spanning approximately 1,571 square feet, providing comfortable accommodation for multi-generational households and families requiring dedicated spaces for work and leisure.

The development is situated in an established neighbourhood that has matured significantly over the decades, offering residents access to a comprehensive network of nearby amenities. Residents benefit from the stability that comes with living in a well-developed area where essential services, retail options, and community facilities are firmly established. The location's maturity means that the surrounding infrastructure has been thoroughly tested and refined to meet the needs of the resident population.

Layout and Space Allocation

The units at 162 Yung Ping Road are configured to maximise liveable space and functional design. The three-bedroom layout provides distinct sleeping quarters suitable for families with children or those requiring dedicated home office spaces. The inclusion of two full bathrooms addresses practical needs for households of varying sizes, reducing morning congestion and enhancing convenience for daily routines. The approximately 1,571-square-foot floor plate allows for generous proportions in both private and communal spaces, differentiating these units from smaller two-bedroom alternatives in the HDB portfolio.

Different stack positions and floor levels within the development offer buyers a range of options to suit preferences regarding natural light, ventilation, and views. Lower-level units typically command premium pricing relative to higher-floor units in mature estates, reflecting buyer preferences for convenience and reduced reliance on lift services. Mid-tier floors often represent optimal value propositions, providing adequate elevation whilst maintaining accessibility and avoiding potential issues associated with the uppermost levels of ageing blocks.

Market Position and Pricing Dynamics

At the current listed price point starting from S$828,000, 162 Yung Ping Road positions itself within a competitive segment of the resale HDB market. This pricing reflects the balance between the unit's configuration, floor area, and location within an established estate. The price range accommodates various buyer profiles, from first-time upgraders seeking to expand their living space to investors evaluating capital appreciation potential relative to entry costs.

For second-property buyers who are Singapore Citizens, it is important to note that an Additional Buyer's Stamp Duty (ABSD) of 20% applies to the purchase price, substantially increasing the total acquisition cost. Prospective investors should factor this significant levy into their financial modelling, as it reduces effective yield from rental operations and extends the investment payback horizon. Understanding this tax implication is critical when comparing returns against alternative investment vehicles or property locations.

Neighbourhood Character and Connectivity

The estate benefits from the maturity of its surrounding community, where decades of residential occupation have created a stable social fabric and established patterns of neighbourhood life. Residents enjoy the familiarity and convenience of a neighbourhood where amenities have settled into their roles and local networks have been forged. Schools, wet markets, hawker centres, and shopping precincts are typically well-distributed throughout the area, reducing transaction costs for daily necessities.

Proximity to public transportation links is a fundamental consideration for buyer decision-making in any HDB location. The accessibility of transport options influences not only the property's appeal to owner-occupiers but also its rental yield potential and long-term capital appreciation. Properties in well-connected areas historically attract stronger tenant demand and command rental premiums that justify investment-focused acquisition strategies.

Investment Considerations and Rental Yield Potential

Buyers evaluating 162 Yung Ping Road as an investment asset should conduct thorough analysis of rental market dynamics in the surrounding district. Three-bedroom HDB units typically command mid-range rental fees within the public housing sector, with yields varying based on floor level, block position, and proximity to amenities. Market rental for comparable units in mature estates generally ranges from 3% to 5% gross yield, though individual unit characteristics and market timing significantly influence actual returns.

The investment case for HDB resale units has historically been strengthened by the relative scarcity of three-bedroom configurations in certain districts and consistent demand from tenant pools seeking affordable, well-located family accommodation. However, investors must remain cognisant of the long-term lease decay dynamics that affect all HDB properties. As the lease matures below 80 years, resale values typically experience acceleration in depreciation, a factor that should influence holding period assumptions and exit strategies.

Financing and Affordability Parameters

Prospective buyers should evaluate Total Debt Service Ratio (TDSR) constraints when planning their purchase strategy. At typical price points for this development, most owner-occupiers will require mortgage financing, and lenders typically limit annual debt repayments to 60% of gross monthly income under current TDSR guidelines. This effectively means that a buyer seeking to finance a S$828,000 unit with a standard 80% loan-to-value (LTV) ratio would require annual household income of approximately S$200,000 to clear lending criteria without strain.

The availability of HDB loans with concessional rates remains an advantage for eligible buyers compared to private bank financing, though banks have progressively tightened risk appetite. First-time buyers benefit from enhanced loan terms and lower down-payment requirements under certain circumstances, making this property accessible to a broader demographic than equivalent private market alternatives. Owner-occupiers should explore the full spectrum of financing options available through HDB channels before comparing private banking solutions.

Comparative Market Positioning

The resale HDB market in Singapore's mature estates encompasses a diverse range of price points and configurations. Three-bedroom units of approximately 1,571 square feet in similar-aged estates across comparable districts typically transact within a band of S$750,000 to S$900,000, depending on specific location factors, block age, and recent renovation history. 162 Yung Ping Road's positioning within this range reflects realistic market fundamentals rather than speculative or premium valuations, supporting the case for measured capital appreciation aligned with broader market movements.

Buyers should note that recent price-per-square-foot (psf) transactional data across comparable mature estates has stabilised in the S$500 to S$550 psf range for three-bedroom units. The stated price point for 162 Yung Ping Road aligns with these benchmarks, suggesting fair market valuation. This consistency is reassuring for buyers concerned about overpayment relative to recent market comparables and provides confidence in the underlying value proposition.

Future Supply and Market Outlook

The trajectory of new HDB supply in neighbouring planning areas will influence long-term appreciation prospects for resale units at 162 Yung Ping Road. Districts receiving significant allocations of Build-to-Order (BTO) flats may experience moderating resale demand as buyers opt for newer stock with longer lease tenures and enhanced contemporary specifications. Conversely, areas with constrained new supply tend to experience stronger resale market activity as limited alternatives redirect buyer interest toward established estates. Market observers should monitor published HDB development pipelines to assess relative scarcity dynamics in this location.

The maturity of the estate itself presents both advantages and considerations for long-term ownership. Established neighbourhoods benefit from settled community infrastructure and proven amenity adequacy, yet aging building stock requires ongoing maintenance and eventual major refurbishment. Buyers should consider whether the development has recently undergone or is scheduled for structural rejuvenation programmes, as these initiatives typically enhance property valuations and extend the physical lifespan of the asset class.

Suitability Across Buyer Profiles

First-time upgraders benefit from 162 Yung Ping Road's straightforward three-bedroom configuration and moderate price entry point, enabling them to transition from smaller units into family-appropriate accommodation. High-net-worth individuals seeking alternative real estate exposures may find the investment yield less compelling than larger portfolio strategies, though the inflation hedge characteristics and stable tenant demand provide portfolio diversification merits. Institutional investors and corporate entities are typically restricted from participating in the HDB resale market, limiting buyer diversity to individual owner-occupiers and personal investment vehicles.

Owner-occupiers with established employment in nearby corporate precincts or educational institutions will particularly value the accessibility and community stability that 162 Yung Ping Road affords. Families seeking to establish longer-term residency benefit from the mature ecosystem of schools and family-oriented amenities typical of established estates. The property appeals most directly to pragmatic buyers prioritising functional space and market stability over newer specifications or premium location prestige.

Frequently Asked Questions

What rental yield can investors realistically expect from a three-bedroom HDB unit at 162 Yung Ping Road?

Three-bedroom HDB units in mature estates typically generate gross rental yields between 3% and 5%, though individual performance varies based on floor level, block position, and proximity to key amenities. At a purchase price of approximately S$828,000, this translates to annual rental income in the range of S$24,840 to S$41,400 before accounting for property tax, maintenance, and management expenses. Investors must account for the 20% Additional Buyer's Stamp Duty applying to second-property purchases by Singapore Citizens, which materially reduces net yield and extends the investment payback period. Recent market data suggests that three-bedroom units in comparable mature estates command monthly rents between S$2,000 and S$3,200, with variation depending on exact location factors and unit condition.

How does the current asking price compare to recent comparable transactions in the same district?

Recent resale transactions for three-bedroom HDB units of approximately 1,571 square feet in comparable mature estates have transacted within a band of S$750,000 to S$900,000, placing 162 Yung Ping Road within fair market valuation parameters. Price-per-square-foot metrics for similar units have stabilised at approximately S$500 to S$550 psf across the broader market, suggesting the stated price aligns with realistic benchmarks rather than speculative overvaluation. Buyers evaluating this property should conduct targeted searches for units within the same block and adjacent blocks sold within the past six months to verify that the asking price reflects current market conditions rather than anchored to older transactions. The absence of significant price appreciation for resale HDB units over recent years suggests that buyers should not expect rapid capital gains and instead focus on yield, location utility, and holding-period stability.

What is the impact of the 20% ABSD on the total acquisition cost for second-property buyers?

For a Singapore Citizen purchasing 162 Yung Ping Road as a second residential property, the 20% Additional Buyer's Stamp Duty applies to the purchase price of S$828,000, resulting in an ABSD liability of S$165,600. This tax is payable on top of the standard Buyer's Stamp Duty and all other costs, effectively increasing the total acquisition cost by nearly 20% beyond the headline purchase price. For an investor financing 80% of the purchase price, this substantial levy must be drawn from additional capital reserves or refinanced through expanded loan facilities, materially changing the investment equation. The ABSD liability significantly dampens investment returns, particularly for properties with moderate rental yields, and buyers should incorporate this cost into their financial modelling before committing to purchase.

How does lease decay below 80 years affect resale value and long-term investment viability?

HDB leases in Singapore are typically 99 years, and as properties approach the 80-year mark, resale values historically experience acceleration in depreciation as buyer pools shrink and financing availability becomes constrained. Properties with leases below 80 years face increasingly difficulty in securing bank financing, limiting the pool of potential purchasers and exerting downward pressure on transaction prices. For 162 Yung Ping Road, buyers should verify the precise lease commencement date to calculate remaining tenure and project when lease decay dynamics may materially impact future resale prospects. Properties with remaining leases below 60 years typically experience substantial valuation discounts, making long-term holding strategies less attractive unless significant rental yields offset appreciation loss.

How does proximity to nearby MRT stations influence demand, rental appeal, and capital appreciation prospects?

MRT connectivity represents one of the most significant determinants of HDB property demand and rental yield in Singapore's resale market, with units within a five-minute walk of stations typically commanding rental premiums of 10% to 15% relative to comparable units in less accessible locations. Prospective tenants prioritise proximity to public transport for commuting convenience, making well-connected properties substantially easier to let and allowing landlords to attract larger tenant pools. Capital appreciation for properties in MRT-adjacent locations has historically outpaced that of more remote estates, reflecting consistent investor demand and the long-term reliability of transport accessibility as a value driver. Buyers evaluating 162 Yung Ping Road should assess the specific walking distance and journey times to nearby MRT stations, as this factor often proves decisive in rental market performance and resale velocity.

Which buyer profiles—first-timers, upgraders, investors, high-net-worth individuals—are best suited to 162 Yung Ping Road?

First-time upgraders represent the core target demographic for 162 Yung Ping Road, as the three-bedroom configuration and moderate price point enable transitions from smaller units into family-appropriate accommodation without requiring substantial stretching of financing capacity. Upgraders with established housing equity and stable employment benefit from the property's straightforward market fundamentals and lower speculative risk compared to pre-launch or highly marketed developments. Investor buyers seeking moderate rental yields and portfolio diversification will find the property acceptable, though the 20% ABSD and modest gross yields mean that sophisticated investors typically prioritise larger portfolio strategies or alternative asset classes. High-net-worth individuals are unlikely to view this property as strategically compelling, as the yield profile does not justify the administrative burden of direct property ownership relative to REITs or larger commercial real estate exposures.

What financing headroom and TDSR constraints should buyers anticipate at typical price points for this development?

Under current TDSR guidelines, lenders limit annual debt repayments to 60% of gross monthly income, which effectively constrains borrowers seeking to finance an S$828,000 property with standard 80% loan-to-value terms to household incomes of approximately S$200,000 annually or higher. First-time HDB buyers benefit from enhanced loan terms and lower down-payment requirements, potentially reducing the required income threshold to approximately S$160,000, whilst repeat buyers face stricter eligibility criteria and may be limited to 75% loan-to-value ratios in certain circumstances. Buyers should engage with HDB or bank lending officers early in their purchase journey to ascertain precise financing capacity and avoid entering into negotiations on properties that exceed their borrowing power. The concessional rates available through HDB financing channels remain materially advantageous compared to private bank terms, making HDB loan products the preferred financing vehicle for most owner-occupiers.

How does 162 Yung Ping Road compare to competing developments in the same district or nearby estates?

Mature three-bedroom HDB estates within the same district and adjacent planning areas typically exhibit price points within S$50,000 to S$100,000 of the S$828,000 asking price for 162 Yung Ping Road, depending on specific block age, recent renovations, and proximity to MRT or key amenities. Competing developments with more recent block construction or superior lift-to-floor ratios may command premiums of 5% to 10% relative to older estates, though this premium is often not justified by corresponding improvements in rental yield or capital appreciation. Buyers should conduct systematic comparisons across three to five competing developments within the same postal district, paying particular attention to price-per-square-foot metrics, average floor level sold, and the proportion of units transacting within the past six months to gauge relative market strength. Developments located within walking distance of major transport interchanges or commercial precincts may exhibit stronger rental demand and more resilient capital values compared to more isolated estates.

Which floor levels and stack positions offer optimal value propositions within 162 Yung Ping Road?

Mid-tier floors (typically floors 7 through 15 in older HDB blocks) represent optimal value propositions for most buyers, balancing preferences for adequate elevation and natural light against the premium pricing that typically attaches to lower-floor units sought for convenience and minimal lift dependency. Higher-floor units within mature blocks often present compelling value for buyers prioritising ventilation and views, as these properties typically transact at discounts of 3% to 8% relative to equivalent lower-floor units despite superior amenity characteristics. Corner and stack-end units often command modest premiums due to enhanced natural cross-ventilation and exterior exposure, though this premium is frequently marginal relative to internal units given the three-bedroom configuration's inherent cross-ventilation advantages. Buyers should request detailed information on block orientation, neighbouring block proximity, and prevailing wind patterns before making floor-level selections, as these factors substantially influence long-term tenant satisfaction and rental appeal.

What is the future supply pipeline for new HDB units in this district, and how might this affect resale demand and appreciation?

The volume of Build-to-Order (BTO) flats approved for future construction in neighbouring planning areas will meaningfully influence long-term resale demand and appreciation prospects for 162 Yung Ping Road and comparable mature estates. Districts receiving substantial BTO allocations experience moderating resale activity as first-time and upgrading buyers opt for new stock with enhanced specifications and longer lease tenures, typically applying downward pressure on resale valuations. Conversely, planning areas with constrained new supply benefit from strong resale market activity as limited alternatives redirect buyer interest toward established estates with proven community infrastructure. Buyers should monitor publicly released HDB development master plans and five-year construction pipelines to assess relative scarcity dynamics and anticipate future competitive pressures on the resale market segment where 162 Yung Ping Road operates. Properties in districts facing significant new supply typically exhibit flatter appreciation trajectories and require longer holding periods to achieve meaningful capital gains.

[For Sale] Hdb Flat At Yung Ping Road — From S$828K