Type

Units

Min Area

Price Range

3 BR

1313 sqft

S$5,200/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$5,200.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1,040 on this acquisition.
Located 8 min (700 m) from DT5 Beauty World 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.

11 Toh Yi Drive: A Strategically Located HDB Development in Bukit Timah

11 Toh Yi Drive stands as a well-established Housing and Development Board (HDB) development situated in one of Singapore's most sought-after residential districts. The project's positioning within the Bukit Timah area places it at the intersection of urban convenience and residential tranquillity, attracting a diverse range of buyers and renters seeking proximity to the city whilst maintaining a neighbourhood character. The development has built a solid reputation as a stable residential address, with consistent demand underpinned by its location and the quality of housing stock available across various configurations.

The estate benefits significantly from its proximity to Beauty World MRT station on the Downtown Line, situated approximately 700 metres away or roughly an eight-minute walk. This transport connection is instrumental in determining the development's appeal to commuters and professionals who value quick access to the CBD and other key employment nodes across Singapore. The Downtown Line's efficiency and frequency make daily travel predictable, a factor that translates directly into sustained rental demand and capital appreciation potential over the medium to long term. Residents enjoy seamless connectivity to Marina Bay, Bukit Batok, and other central locations without the need for private vehicular transport.

The housing stock at 11 Toh Yi Drive encompasses a range of unit types, from compact three-bedroom configurations to larger family homes, providing options suited to different household compositions and budgetary requirements. The quantum of living space—typified by units spanning approximately 1,313 square feet—allows families and working professionals to enjoy functional layouts without sacrificing comfort or practical storage. This diversity of unit sizes creates natural appeal across multiple buyer demographics, from first-time upgraders looking to move into a larger home to empty-nesters downsizing whilst remaining in an established neighbourhood.

Investment Potential and Rental Market Dynamics

For investors evaluating the development through a buy-to-let lens, 11 Toh Yi Drive presents a compelling proposition rooted in the Bukit Timah area's consistent rental demand. The proximity to Beauty World MRT ensures a steady pipeline of potential tenants—young professionals, expatriate families, and local upgraders all seek rental accommodation in this established, well-serviced locality. Rental yields at the development tend to align with broader HDB market trends, with competitive monthly rental rates reflecting the development's maturity, accessibility, and the quality of amenities available within walking distance.

The investment thesis strengthens when considering the development's track record of stable valuations and reliable tenant occupancy. Unlike emerging estates where demand may fluctuate, 11 Toh Yi Drive benefits from established reputation and community infrastructure, factors that minimise vacancy risk and support predictable cash flow returns. Investors sourcing a second or additional residential property should, however, factor in Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price, which materially impacts initial outlay and the timeline to break even on the investment thesis.

Location, Connectivity, and District Character

Bukit Timah has long been synonymous with residential desirability in Singapore's property landscape. The district's mature character, tree-lined streets, and established schools make it particularly attractive to families seeking stability and a sense of community. 11 Toh Yi Drive sits comfortably within this context, offering residents proximity not only to transport but also to shopping centres, medical facilities, and educational institutions that cater to all age groups. The neighbourhood's reputation translates into sustained demand across purchase and rental markets, supporting both capital appreciation and lettable value.

The eight-minute walk to Beauty World MRT station is a material advantage in the context of Singapore's transport-centric property market. Urban planners and property economists have consistently demonstrated that developments within a ten-minute walking radius of a major MRT interchange command premium valuations and experience lower demand volatility. This proximity positions 11 Toh Yi Drive as a reliable holding for long-term investors and owner-occupiers alike, with the transport infrastructure serving as a hedge against broader economic cycles that may depress demand in less accessible locations.

Financing, Affordability, and Buyer Suitability

First-time buyers evaluating the development should recognise that HDB properties, including those at 11 Toh Yi Drive, benefit from favourable financing terms through HDB concessional loans, which typically offer rates below prevailing market benchmarks. This financing advantage reduces the effective cost of capital for owner-occupiers and enhances affordability relative to equivalent private residential properties. Buyers should, however, satisfy the Total Debt Servicing Ratio (TDSR) requirements set by the Monetary Authority of Singapore, ensuring that all monthly debt servicing obligations—including the housing loan—do not exceed 60% of gross monthly income.

Upgraders moving from smaller public housing into larger family homes at 11 Toh Yi Drive benefit from the development's variety of unit configurations, which enables a careful match between household composition and housing stock. The transition from one HDB to another typically involves lower transaction costs than moves between the private and public sectors, with stamp duties calculated on a pro-rata basis reflecting the cost differential. The mature state of the development also means that buyers gain immediate access to established facilities and services, rather than waiting for infrastructure to be rolled out over several years.

High-net-worth individuals may view 11 Toh Yi Drive as part of a diversified residential property portfolio, using HDB units as a stable, liquid holding that generates rental income whilst appreciating in line with broader housing market trends. The liquidity of the HDB market—driven by the large pool of potential buyers and the standardised nature of HDB transactions—ensures that properties can be sold relatively quickly should portfolio rebalancing become necessary. However, HNW investors should recognise the different regulatory environment governing HDB ownership compared to private residential property, including occupancy requirements and restrictions on concurrent ownership of private property.

Lease Tenure and Long-Term Value Preservation

As with all HDB properties in Singapore, units at 11 Toh Yi Drive are held on a 99-year lease, a tenure that has been the standard for public housing since the HDB's inception. The 99-year lease structure means that units still possess substantial residual tenure, providing owner-occupiers and investors with decades of utility and lettability ahead. Property economists note that HDB leasehold values exhibit resilience throughout the bulk of the lease term, with meaningful depreciation typically beginning only in the final 15–20 years of the lease cycle.

Buyers acquiring units with strong remaining lease tenure benefit from the knowledge that their holding will retain investment merit and rental appeal across a multi-decade horizon. The resale market for HDB properties with 70+ years of remaining lease remains robust, with buyer pools remaining sufficiently large to support competitive bidding. This contrasts with private leasehold properties, where lease decay effects emerge more acutely and earlier in the tenure cycle, making HDB's 99-year starting point a material advantage for long-term wealth preservation.

Market Comparison and Competitive Positioning

When benchmarking 11 Toh Yi Drive against other HDB developments in Bukit Timah and neighbouring planning areas, the project maintains competitive positioning across multiple dimensions. Price per square foot metrics for comparable units in the locality reflect the development's maturity, transport accessibility, and established amenity mix. Buyers evaluating alternatives should weigh the time-tested character of 11 Toh Yi Drive against emerging estates in outer growth zones, where lower entry prices may be offset by longer commute times and less mature infrastructure.

The development's pricing typically aligns with broader Bukit Timah trends, with modest premiums reflecting the consistency of demand and the neighbourhood's reputation. Recent comparable transactions across the district provide useful benchmarks for assessing value, though individual unit characteristics—floor level, facing, renovation condition—will always drive nuanced pricing differences. Investors comparing lettable yields across competing developments should note that 11 Toh Yi Drive's proximity to Beauty World MRT and established amenities supports rental rates that remain competitive with newer estates lacking equivalent transport accessibility.

Future District Development and Appreciation Drivers

The Bukit Timah planning area has matured considerably, with most land already developed and future supply limited. This supply scarcity, coupled with the area's enduring appeal to affluent households and professional families, suggests continued appreciation potential for established properties like 11 Toh Yi Drive. The Government's continued investment in transport infrastructure, including potential enhancements to the Downtown Line and feeder bus services, further supports the development's long-term demand trajectory.

Buyers considering 11 Toh Yi Drive as a long-term holding benefit from the knowledge that competing supply in the immediate vicinity is unlikely to materially increase. This supply-constrained environment has historically supported steady capital appreciation, albeit at rates aligned with overall HDB market trends rather than the more volatile growth sometimes seen in emerging districts. The neighbourhood's established character also insulates it from the risk of undesirable developments being introduced nearby—a consideration that matters significantly for long-term value preservation.

Frequently Asked Questions

What rental yield can I realistically expect if I purchase a unit at 11 Toh Yi Drive as an investment?

Rental yields at 11 Toh Yi Drive typically align with established HDB developments in central Singapore, generally ranging between 2.5% and 3.5% gross annual yield depending on unit size, floor level, and current market rental rates. The development's proximity to Beauty World MRT station supports consistent tenant demand, as young professionals and expat families prioritise locations with efficient transport links to employment centres. To estimate your specific yield, research recent rental advertisements for comparable units in the development and divide the annual rental by your purchase price; remember to deduct mortgage interest, maintenance fees, and property tax when calculating net yield. The mature state of the Bukit Timah neighbourhood ensures relatively low vacancy risk compared to emerging estates, supporting reliable lettable income over time.

How does the price per square foot at 11 Toh Yi Drive compare to recent transactions in Bukit Timah?

11 Toh Yi Drive's price per square foot typically tracks in line with broader Bukit Timah HDB benchmarks, with recent comparable transactions suggesting moderate pricing reflective of the development's maturity, transport connectivity, and amenity provision. Individual unit pricing varies based on floor level, facing, age, and renovation condition; higher floors and north-facing units often command incremental premiums. To assess whether a specific unit represents fair value, cross-reference recent sale prices of similar-sized units in the development against transactions in neighbouring estates such as King Albert Park and Coronation Road, adjusting for any material differences in transport accessibility or amenity proximity. The eight-minute walk to Beauty World MRT justifies a modest premium relative to estates further from transport nodes, a factor that should be reflected in your price per square foot analysis.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I'm purchasing a second property at 11 Toh Yi Drive?

As a Singapore Citizen purchasing a second residential property at 11 Toh Yi Drive, you will incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. For example, on a purchase price of S$450,000, ABSD would total S$90,000, a substantial upfront cost that materially affects affordability and investment returns. This 20% duty applies in addition to standard Buyer's Stamp Duty and applies regardless of whether the property is intended for owner-occupation or investment lettings. To assess the true cost of acquisition, factor ABSD into your total outlay alongside legal fees, valuation charges, and any refurbishment costs, ensuring your financing and equity position can accommodate the extended capital requirement. Some investors address this through staged acquisition strategies or by refinancing existing properties to unlock equity.

Should I be concerned about lease decay and resale value at 11 Toh Yi Drive given the 99-year HDB tenure?

The 99-year HDB lease tenure provides substantial security of value, with meaningful lease decay effects typically emerging only in the final 15–20 years of the lease term. Most units at 11 Toh Yi Drive will retain strong residual tenure and market appeal across several decades, ensuring that both owner-occupiers and investors can realistically plan holding periods of 20+ years without encountering resale difficulties. Property economists note that HDB properties with 70+ years of remaining lease continue to attract broad buyer pools and maintain liquidity, contrasting favourably with private leasehold property where tenure depreciation emerges more acutely. However, if you are acquiring a unit with unusually short remaining tenure (below 60 years), factor in the prospect of gradual downward pressure on valuation as you approach the latter half of the lease cycle; the HDB's potential lease extension framework may provide mitigation options, but these should not be assumed as certain.

How does proximity to Beauty World MRT station influence demand, appreciation, and rental potential for units at 11 Toh Yi Drive?

Proximity to Beauty World MRT station on the Downtown Line is a material driver of demand and capital appreciation for 11 Toh Yi Drive, positioning the development within the highly sought 10-minute walking radius that property economists identify as a threshold for sustained premium valuations. The MRT connection provides residents with efficient access to the CBD, Bukit Batok, and other employment clusters, a factor that directly supports rental demand from working professionals and reduces commute time relative to car-dependent alternatives. Developments within close proximity to established MRT interchanges have historically experienced lower volatility in valuation and demand compared to locations reliant on bus or private transport, hedging against economic cycles that may depress demand elsewhere. The Downtown Line's reliability and frequency further enhance the development's appeal to quality-conscious tenants and owner-occupiers, supporting both capital appreciation and lettable yields over the long term.

Is 11 Toh Yi Drive suitable for first-time buyers, upgraders, HNW investors, and owner-occupiers equally?

11 Toh Yi Drive caters effectively to first-time buyers leveraging HDB concessional loan financing and seeking an established, well-serviced neighbourhood with proven demand fundamentals, particularly those moving up from studio or two-bedroom public housing. Upgraders benefit from the development's variety of unit configurations, enabling a seamless transition to larger family homes without the complexity or premium costs associated with private residential moves. HNW investors view the development as a stable, liquid component of diversified residential portfolios, attracted by reliable rental income, established infrastructure, and the HDB market's standardised transaction framework, though they should note occupancy requirements and restrictions on concurrent private property ownership that differentiate HDB from private residential investment. Owner-occupiers across all income bands find the development appealing due to its maturity, transport connectivity, and established community character; first-timers particularly benefit from favourable HDB financing, whilst upgraders appreciate the neighbourhood stability and amenity provision that support family life across decades.

What are the TDSR and financing headroom implications at typical price points for 11 Toh Yi Drive?

At typical price points for 11 Toh Yi Drive units—ranging from approximately S$420,000 to S$550,000 depending on size and floor level—buyers should model their financing requirements against the Monetary Authority of Singapore's Total Debt Servicing Ratio (TDSR) ceiling of 60% of gross monthly income. For a unit at the mid-range price point with an estimated HDB loan of S$350,000 at prevailing rates, monthly mortgage servicing would approximate S$1,600–S$1,800, meaning a borrower would require gross monthly income of approximately S$2,700–S$3,000 to comfortably remain within TDSR limits. First-time buyers and upgraders sourcing their first or second property benefit from higher Loan-to-Value ratios and concessional HDB interest rates, which reduce monthly servicing burden compared to private property financing; however, second-property buyers financing through commercial banks (as HDB loans are unavailable for non-owner-occupier purchases) will face stricter terms and higher TDSR impact. Engage a mortgage broker to stress-test your specific financing position and confirm headroom for future rate increases or income fluctuations.

How does 11 Toh Yi Drive compare to competing HDB developments in neighbouring areas like Tanglin, Holland, or Bukit Timah Crescent?

11 Toh Yi Drive competes directly with other Bukit Timah and nearby Clementi area HDB developments, typically offering comparable pricing on a per-square-foot basis with the differentiation driven by minor variations in transport accessibility, amenity proximity, and individual unit characteristics rather than wholesale estate-level disparities. Nearby competing developments may offer marginally lower price points if located further from transport nodes or on less desirable facing; conversely, some newer developments in outer growth areas (such as Sengkang or Tengah) offer lower entry prices but require longer commute times to central employment clusters. When evaluating competing options, weight transport connectivity as a primary driver—the eight-minute walk to Beauty World MRT positions 11 Toh Yi Drive competitively against developments requiring 15–20 minute walks to nearest transport, a factor that justifies modest price premiums. Rental yield comparisons should account for tenant pool characteristics; established Bukit Timah developments attract higher-quality tenants with stable employment, which supports rental rate resilience compared to estates in emerging new towns where tenant demographics may be more transient.

Which unit stack, floor level, or facing offers the best value proposition at 11 Toh Yi Drive?

Value-conscious buyers at 11 Toh Yi Drive should focus on mid-level units (floors 8–15) facing less commercially desirable directions such as east or south-east, which typically trade at modest discounts of 3–7% relative to comparable north or west-facing units on higher floors. These mid-level units retain excellent natural ventilation and light whilst avoiding the premium pricing commanded by penthouses and high-floor corner units; they also escape the noise exposure and dampness sometimes associated with ground-floor units near carpark areas. From an investment lettings perspective, mid-level units with functional floor plans perform reliably, as tenant demand focuses primarily on location and transport proximity rather than commanding harbour or district views. Investors should avoid over-paying for high-floor premiums that may not translate into proportionate rental uplifts; the development's mature character and established MRT proximity mean that tenant competition centres on practical attributes—bedroom count, renovation condition, proximity to lifts—rather than prestige positioning. Consider also the internal layout: units with separate living areas and multiple bathrooms command rental premiums that justify any modest price uplift compared to cramped configurations, even on equivalent floor levels.

What is the outlook for future supply and property appreciation in the Bukit Timah district over the next 10 years?

Bukit Timah's outlook for future supply is fundamentally constrained, with most residential land already developed and limited scope for large-scale new HDB estate rollout comparable to emerging growth towns in the north and east. This supply scarcity, combined with the district's enduring appeal to affluent and professional households, suggests appreciation potential for established properties like 11 Toh Yi Drive aligned with overall HDB market trends—typically 2–3% per annum over mid-term horizons (5–10 years), though subject to broader economic conditions and interest rate cycles. The Government's continued focus on transport infrastructure enhancement, including potential Downtown Line augmentations and improved feeder bus services, further supports demand sustainability and capital preservation in the district. Buyers should, however, temper expectations for explosive appreciation; Bukit Timah's maturity means that appreciation derives primarily from lease-length attenuation, income growth supporting higher buyer valuations, and general inflation rather than from urban renewal or demographic shifts. From a long-term portfolio perspective, 11 Toh Yi Drive offers stable, liquid appreciation potential coupled with reliable rental yields, making it particularly suitable for conservative investors prioritising capital preservation over speculative gains.

[For Rent] Hdb Flat At Toh Yi Drive — From S$5,200