Type

Units

Min Area

Price Range

3 BR

990 sqft

S$538K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$538K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$108K on this acquisition.
Located 11 min (910 m) from EW5 Bedok 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.

517 Bedok North Avenue 2 – Established HDB Living in East Singapore

Located at the heart of Bedok, 517 Bedok North Avenue 2 represents a well-established public housing development that has served multiple generations of Singapore families. Situated in the East region, this HDB development benefits from its mature neighbourhood status, complete infrastructure, and strong community facilities that make it a compelling choice for buyers seeking stability and convenience.

The development occupies a strategic position within Bedok's residential landscape, offering immediate access to the broader precinct's retail, dining, and leisure offerings. The location has historically attracted families, young professionals, and property investors alike, each drawn by the area's proven track record of capital appreciation and consistent rental demand. For those evaluating options in the East region, 517 Bedok North Avenue 2 provides a tangible alternative to newer developments, with the advantage of an already-mature neighbourhood infrastructure.

Connectivity and Transport Access

One of the most significant advantages of this development is its proximity to EW5 Bedok MRT station, situated approximately 11 minutes' walk away (roughly 910 metres). This direct Mass Rapid Transit connectivity is a major drawcard for commuters working across the island, particularly those with employment in the Central Business District, the eastern corridors, or along the East-West Line itself. The station provides seamless interchange opportunities and serves as a key transport hub for the broader Bedok precinct.

The accessibility afforded by the MRT station has a demonstrable impact on both rental yield potential and long-term capital value. Properties located within a 10–15 minute walk of a major MRT node typically command premium rental rates and attract a wider tenant pool, including expatriates and young professionals who prioritise transport efficiency. For owner-occupiers, the station access translates to reduced commute times and greater flexibility in choosing employment locations across Singapore.

Housing Market Position and Pricing

517 Bedok North Avenue 2 is positioned competitively within the East region HDB resale market. The development's pricing reflects its maturity, established neighbourhood status, and proximity to transport. Units here typically trade at rates that are reflective of per-square-foot values in the wider Bedok catchment, making it an accessible entry point for first-time buyers and a solid acquisition target for investors seeking rental yield over capital appreciation.

The price range observed across available units in the development reflects the mix of unit types and sizes, spanning from compact configurations to larger family homes. Prospective buyers considering this development should benchmark current asking prices against recent transacted prices in nearby blocks and within the Bedok MRT station catchment to establish realistic valuation expectations. The East region market has remained relatively stable in recent years, with Bedok maintaining its appeal as a residential destination for middle-income and upper-middle-income households.

Amenities and Facilities

As an established HDB estate, 517 Bedok North Avenue 2 benefits from a comprehensive suite of community amenities. The development sits within a neighbourhood that includes multiple markets, hawker centres, supermarkets, clinics, and recreational facilities. These neighbourhood-level conveniences reduce dependency on private transport and enhance the day-to-day quality of life for residents and their families.

The broader Bedok area is well-serviced by educational institutions, medical facilities, and leisure amenities, making it particularly attractive for families with young children. The presence of schools, polyclinics, and community centres within the precinct adds layers of convenience that appeal to multiple buyer demographics. For older residents or those prioritising aged-in-place accessibility, the mature nature of the estate and its established healthcare access points are distinct advantages.

Investment Potential and Rental Dynamics

From an investment perspective, properties at 517 Bedok North Avenue 2 attract consistent rental enquiries, driven by the MRT accessibility, neighbourhood maturity, and the area's appeal to working professionals and expatriate tenants. The rental market in Bedok remains robust, with rental yields typically competitive against other established HDB estates in the East region. Investors evaluating this development should consider rental rates as a percentage of acquisition cost, alongside expected capital appreciation over the holding period.

The tenant profile attracted to this development tends to be stable, comprising long-term renters who value transport connectivity and neighbourhood reliability over cutting-edge amenities. This stability translates to lower vacancy risk and more predictable cash flow for investors. However, like all HDB investments, buyers should factor in the gradual depreciation of the lease value over time, particularly for units with remaining tenures below 70 years, as this directly impacts long-term resale prospects.

Buyer Suitability and Purchase Considerations

First-time buyers entering the Bedok market will find 517 Bedok North Avenue 2 a pragmatic choice, offering established neighbourhood infrastructure, proven rental demand, and accessible entry pricing. The development's maturity means that buyer support services, conveyancing practices, and valuation methodologies are well-established, reducing uncertainty for newcomers to the HDB market.

Upgraders moving from other estates or smaller units will appreciate the range of unit types available and the neighbourhood's proven track record. The area has evolved significantly over decades, with successive waves of upgrading and gentrification that have enhanced its appeal to middle-to-upper-income households. For investors, the development presents a lower-risk acquisition profile compared to newly launched estates, as historical pricing data and rental performance are already established and analysable.

Prospective buyers must carefully review individual unit specifications, remaining lease tenure, and condition assessments before committing to purchase. Additionally, those purchasing as a second residential property should be aware of the Additional Buyer's Stamp Duty (ABSD) implications, which currently stand at 20% for Singapore Citizens acquiring a second residential property. This duty is calculated on the purchase price and must be factored into the total cost of acquisition.

Market Outlook and Long-Term Value

The East region, of which Bedok forms a significant part, continues to benefit from sustained demand driven by its established infrastructure, transport connectivity, and appeal as a residential destination. The proximity of 517 Bedok North Avenue 2 to EW5 Bedok MRT station positions it well for sustained long-term value, as MRT-proximate properties have historically demonstrated resilience during market cycles.

Capital appreciation in this segment has traditionally been modest but steady, reflecting the stable nature of the East region HDB market. Buyers should approach this development with medium-to-long-term holding horizons rather than speculation-driven strategies. The maturity of the estate and the predictability of its market fundamentals make it a suitable holding for retirement portfolios or longer-term family homes.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 517 Bedok North Avenue 2 as an investment property?

Rental yields at 517 Bedok North Avenue 2 typically range between 3% and 4% per annum, depending on unit type, size, and current market rental rates for the Bedok precinct. The development's proximity to EW5 Bedok MRT station significantly enhances rental appeal, attracting working professionals, young families, and expatriate tenants seeking transport-proximate accommodation. Investors should benchmark current rental asking prices against similar units in nearby blocks within the Bedok catchment to establish realistic yield expectations; the mature neighbourhood status and established tenant pool make this a relatively stable rental market with lower vacancy risk compared to newer estates.

How does the per-square-foot pricing at 517 Bedok North Avenue 2 compare to recent transactions in Bedok?

Units at 517 Bedok North Avenue 2 trade at per-square-foot rates that reflect the development's maturity, neighbourhood positioning, and MRT proximity within the broader Bedok resale market. Recent transaction data in the Bedok catchment shows prices clustering around the lower-to-mid range for the East region, making this development an accessible entry point for first-time buyers and cost-conscious upgraders. Prospective purchasers should request transacted price data from the HDB and cross-reference against comparable units in nearby blocks (such as 515, 519, and 521 Bedok North Avenue) to validate market alignment and identify units offering superior value relative to recent sales.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I'm buying this as my second residential property?

If you are a Singapore Citizen purchasing a unit at 517 Bedok North Avenue 2 as your second residential property, you will be liable for Additional Buyer's Stamp Duty (ABSD) at the rate of 20% of the purchase price. This duty must be paid within one month of the purchase completion and significantly increases the total acquisition cost; for example, a purchase price of S$500,000 would incur ABSD of S$100,000. First-time HDB buyers are exempted from ABSD, as are Singapore Permanent Residents acquiring their first residential property; however, all subsequent purchases by Singapore Citizens are subject to the 20% duty. It is essential to factor this into your financial planning and loan eligibility assessment when evaluating this development.

What is the remaining lease tenure impact on resale value and long-term holding prospects?

Lease decay is a material consideration for HDB resale properties, as units with shorter remaining tenures experience accelerated depreciation and increasingly restrictive financing options as the lease approaches 70 years. Properties at 517 Bedok North Avenue 2 with remaining tenures below 70 years may face valuation haircuts and difficulty securing bank financing, as most lenders impose loan-to-value restrictions on shorter-lease properties to mitigate default risk. Prospective buyers should prioritise units with remaining tenures above 75–80 years to maximise long-term resale flexibility and minimise the risk of forced sale or refinancing at unfavourable terms. The HDB's lease normalisation framework and potential future top-up schemes may provide some mitigation, but buyers should not rely on these as certainties in their investment thesis.

How does proximity to Bedok MRT station affect demand and capital appreciation for this development?

Proximity to EW5 Bedok MRT station is one of the most significant value drivers for 517 Bedok North Avenue 2, as the station provides high-frequency, reliable transport connectivity to employment centres, educational institutions, and entertainment districts across Singapore. Properties within a 10–15 minute walk of major MRT nodes historically command premium valuations and stronger rental demand compared to non-proximate alternatives, translating to both immediate rental yield benefits and sustained capital appreciation. The station's position on the East-West Line, which links the eastern and central regions, ensures ongoing high utilisation and makes this development attractive across multiple buyer demographics; this consistent demand underpins long-term value stability and supports justified holding periods for investors or owner-occupiers.

Is 517 Bedok North Avenue 2 suitable for first-time HDB buyers, upgraders, or investors – or all three?

517 Bedok North Avenue 2 is exceptionally well-suited for all three buyer segments. First-time buyers benefit from the established neighbourhood infrastructure, proven rental market, accessible entry pricing, and proximity to transport; the estate's maturity eliminates many of the risks associated with new launches. Upgraders appreciate the range of unit types available, the neighbourhood's track record of capital appreciation, and the established family-friendly amenities throughout the precinct. Investors are attracted by stable rental yields, lower vacancy risk due to the development's established reputation, and the de-risked nature of investing in a proven market location with extensive historical price data available. Each segment should, however, prioritise units aligned with their specific holding horizon and financial objectives.

What TDSR and financing headroom should I expect at typical purchase prices for this development?

Total Debt Service Ratio (TDSR) limits cap monthly debt obligations at 60% of gross monthly income for HDB buyers, which typically constrains borrowing capacity to between 80% and 90% of the property purchase price depending on income and existing debt levels. At typical purchase prices for 517 Bedok North Avenue 2 (ranging from approximately S$450,000 to S$650,000 depending on unit type), first-time buyers with household monthly incomes above S$8,000 to S$10,000 will generally achieve sufficient financing headroom to secure loans covering 80%–85% of purchase price. Second-property buyers should factor the 20% ABSD into their total cash outlay and assume tighter financing constraints; many banks offer mortgage tenures extending to 35 years for HDB purchases, which can improve cash flow headroom. Professional financial advice is essential to model your specific TDSR position and confirm financing eligibility before making an offer.

How does 517 Bedok North Avenue 2 compare to nearby competing HDB developments in Bedok?

Within the immediate Bedok precinct, 517 Bedok North Avenue 2 competes directly with blocks such as 515, 519, 521, and 523 Bedok North Avenue, as well as developments along Bedok South Road. These nearby blocks share similar maturity profiles, MRT proximity, and neighbourhood amenities, making them direct comparables for pricing validation. Differentiating factors typically centre on individual block layouts, proximity to specific amenities (markets, schools, recreational facilities), and remaining lease tenure; some blocks may offer superior stack configurations or floor-level exposures that justify modest price premiums. Prospective buyers should conduct systematic comparisons across multiple nearby blocks to identify units that offer superior value relative to asking prices and recent transaction evidence, rather than focusing solely on 517 Bedok North Avenue 2.

Which floor levels or unit stacks at 517 Bedok North Avenue 2 typically offer the best value proposition?

Mid-floor units (typically floors 3–8) and those positioned away from the main road (rear-facing or side-facing units) generally command better rental appeal and resident satisfaction without incurring the 10–15% price premiums associated with high-floor or corner units. High-floor units at 517 Bedok North Avenue 2 attract price premiums driven by better light, air flow, and reduced noise from street level; however, these premiums rarely translate to equivalent rental yield improvements, making them less attractive for investment-focused buyers. Ground-floor units may offer price discounts that create value opportunities, though some investors avoid them due to lower perceived security and privacy. The optimal floor selection depends on your specific investment thesis: rental yield maximisation favours mid-floor rear-facing units, whilst long-term capital appreciation may justify premium positioning for owner-occupier buyers prioritising lifestyle amenities.

What is the future supply pipeline for HDB developments in the East region, and how might it affect 517 Bedok North Avenue 2's long-term value?

The East region's HDB supply pipeline includes ongoing new launches in areas such as Tampines, Pasir Ris, and other eastern growth zones, which may increase supply-side competition for resale buyers in established estates like 517 Bedok North Avenue 2. However, the development's maturity, established infrastructure, and MRT proximity position it defensively against new-supply competition, as many new buyers continue to prioritise transport access and neighbourhood-proven reliability over cutting-edge finishes. Historical data shows that established estates proximate to major transport nodes maintain resilient pricing even as new supply emerges in peripheral locations; the East-West Line's established corridors, including Bedok, continue to attract sustained demand from working professionals and families seeking proven, established neighbourhoods. Prospective long-term holders should expect modest capital appreciation over medium-to-long holding horizons, with pricing primarily driven by lease decay rather than supply-side dynamics in the broader East region.

[For Sale] Hdb Flat At 517 Bedok North Avenue 2 — From S$538K