Type

Units

Min Area

Price Range

2 BR

678 sqft

S$500K

Type

Units

Min Area

Price Range

2 BR

678 sqft

S$3,300/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$3,300 to S$500K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$660 on this acquisition.
50% of current units are for sale, from S$500K; 50% are for rent, from S$3,300/mo.
Located 9 min (760 m) from DT27 Ubi 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.

301 Ubi Avenue 1: An Established HDB Community in East Singapore

Nestled in the heart of Ubi, a mature and well-developed residential enclave in Singapore's eastern region, 301 Ubi Avenue 1 stands as a substantial HDB development serving the diverse needs of families, upgraders, and buy-to-let investors. The project comprises multiple unit types and configurations, reflecting the variety of housing solutions required across different household compositions and life stages. Located in District 14, the development benefits from decades of neighbourhood maturation, making it an established choice for those seeking stability and proven community infrastructure.

The address at Ubi Avenue 1 places residents within a 9-minute walking distance—approximately 760 metres—to Ubi MRT Station (DT27), a key interchange on the Downtown Line. This proximity to rapid transit has long underpinned demand in the precinct, as the station provides direct connectivity to the central business district, Orchard Road, and major employment centres across the eastern and northern corridors. For working professionals and students commuting daily into town, this accessibility remains a defining advantage.

Location and Transportation Network

The Ubi MRT Station connection is the cornerstone of this development's appeal. The Downtown Line operates between Bukit Panjang and Downtown Core, making Ubi a natural hub for cross-island mobility without the need for interchange delays on most journeys. From Ubi, travellers can reach Marina Bay in under 20 minutes, the Jurong region in roughly 35 minutes, and residential clusters across the north-east in similar timeframes. This efficiency has made the Ubi precinct consistently attractive to time-conscious commuters and employers seeking staff housing proximity.

Beyond the MRT, the neighbourhood enjoys excellent bus connectivity. Multiple bus services operate from nearby interchanges, providing alternative or complementary routes for those with flexible timing or local travel needs. The road network is mature and well-maintained, supporting private vehicle owners with relatively straightforward access to arterial roads such as Paya Lebar Road and East Coast Parkway, linking to both Changi Airport and the city centre.

Neighbourhood Character and Amenities

Ubi has evolved over decades into a mixed-use residential and light-industrial precinct. The neighbourhood supports a comprehensive range of daily necessities: food courts, hawker centres, wet markets, supermarkets, and retail shops dot the surrounding streets, ensuring residents rarely need to venture far for essentials. The area has retained much of its authentic local flavour whilst accommodating modern conveniences, making it particularly appealing to those valuing practicality and community atmosphere over aspirational branding.

The development's catchment includes several primary and secondary schools, recreational facilities, and healthcare clinics, all contributing to its appeal as a family neighbourhood. Nearby parks and open spaces provide green respite, whilst the general infrastructure reflects the maturity of this long-established residential zone. For families with school-age children, the established education ecosystem and proven track record of the area represent a meaningful consideration in the long-term stability equation.

Unit Diversity and Housing Options

301 Ubi Avenue 1 offers multiple unit configurations, catering to first-time buyers seeking entry-level affordability, upgraders transitioning to larger footprints, and investors building buy-to-let portfolios. The range of bedroom counts and unit sizes means prospective occupants can select floor plates tailored to their specific household composition and lifestyle requirements. Pricing reflects this diversity, with units available from competitive points that align with broader HDB market movements in the eastern zone.

The development's age and established status often translate to a stock of units in varying conditions of finish and renovation. Whilst some units may present as-built or minimally updated, others have undergone owner-driven improvements, offering buyers a spectrum of immediate move-in readiness versus refurbishment potential. This heterogeneity can work to advantage in negotiation and selection, allowing purchasers to prioritise capital preservation, minimal outlay, or value-add upside depending on their investment thesis.

Investment and Rental Considerations

For buy-to-let investors, 301 Ubi Avenue 1 occupies a strategic position. The proximity to Ubi MRT and the established nature of the neighbourhood create consistent rental demand from young professionals, students, and transferees seeking short-term or mid-term accommodation. Rental yields in this precinct have historically tracked in the region of 2.5% to 3.5% gross, though individual unit performance varies based on unit size, condition, floor level, and exact rental rate negotiated. Investors should assess current tenant availability and comparable letting rates in the immediate locality before committing capital.

The development's tenure—governed by HDB's standard 99-year lease structure—means capital values will experience gradual lease decay over time, a dynamic that becomes more pronounced as remaining lease terms fall below 75 years. Prospective buyers should factor long-term resale implications into purchase decisions, particularly those treating acquisition as an inheritance or multi-generational asset.

Pricing and Market Position

Units at 301 Ubi Avenue 1 are priced competitively within the broader eastern HDB market. Current availability reflects a mix of configurations, with pricing calibrated to reflect age, condition, floor level, and proximity to common facilities or lift lobbies. Comparable transactions across nearby HDB developments—including projects in Paya Lebar, Geylang, and Kallang—provide market signposts for pricing reasonableness. The overall supply of similar-vintage HDB stock in the eastern zone remains stable, meaning purchase or rental rates are influenced more by macro factors (interest rates, overall HDB demand) than acute local scarcity.

Those engaging with the development as second-property investors should note Additional Buyer's Stamp Duty (ABSD) implications: Singapore Citizens purchasing a second residential property incur ABSD at 20% of purchase price. This materially affects acquisition cost and investment returns, warranting careful financial modelling before commitment.

Financing and Affordability

The price points of units in this development typically fall within ranges accessible to HDB loan schemes offered by major financial institutions. First-time buyers benefit from Enhanced CPF Housing Grants and concessional loan terms, whilst upgraders and investors must satisfy Total Debt Servicing Ratio (TDSR) requirements and deposit benchmarks. Mortgage headroom at typical eastern HDB price points allows for 80% to 90% financing for eligible borrowers, meaning capital outlay requirements remain manageable for most target buyer segments. However, rising interest rates since 2022 have compressed real affordability on a monthly cashflow basis, a consideration for marginal borrowers.

Future Outlook and District Development

The Ubi and Paya Lebar district has benefited from continuous infrastructure renewal and rejuvenation initiatives. Recent enhancements to the MRT network, plans for district-level upgrading works, and gradual densification of surrounding precincts suggest the area will retain strategic appeal for decades ahead. New competing supply—whether HDB or private residential schemes—remains limited in the immediate vicinity, supporting stable capital values for well-maintained inventory. The broader eastern corridor, including Geylang, Kallang, and Joo Chiat, continues to attract young families and professionals, a demographic foundation that underpins sustained demand for HDB accommodation in this zone.

For those seeking an established, well-connected, and practically serviced HDB community without the premium pricing of newer developments or more aspirational precincts, 301 Ubi Avenue 1 represents a credible option. The combination of proven neighbourhood infrastructure, reliable MRT connectivity, diverse unit availability, and competitive market positioning makes it worthy of serious consideration by owner-occupiers and investors alike.

Frequently Asked Questions

What rental yield can I expect from a buy-to-let purchase at 301 Ubi Avenue 1?

Gross rental yields for HDB properties in the Ubi precinct typically range between 2.5% and 3.5% annually, though individual outcomes depend on unit size, condition, and market demand at time of letting. Smaller 2-bedroom units have historically attracted stronger tenant interest—particularly young professionals and students commuting to central employment hubs—supporting rental demand and competitive rates. Investors should analyse comparable current lettings in the immediate 301 Ubi Avenue 1 locality, as proximity to Ubi MRT (DT27) generally sustains above-average rental interest relative to more peripheral eastern HDB zones. Actual yields will also reflect mortgage costs, property tax, maintenance provisions, and potential void periods between tenancies.

How does 301 Ubi Avenue 1 pricing per square foot compare to recent HDB transactions nearby?

Units at 301 Ubi Avenue 1 generally trade within the range of S$4,700 to S$5,400 per square foot, depending on unit size, condition, floor level, and exact location within the development. Recent comparable sales across Paya Lebar, Geylang, and Kallang HDB properties—all within 1–2 km radius—have established similar psf benchmarks, suggesting 301 Ubi Avenue 1 pricing aligns with prevailing eastern HDB market fundamentals. However, transaction frequency and availability vary monthly, so buyers should request recent sold data from local sources to validate current market levels. Older units or those requiring renovation typically command lower psf valuations than recently refurbished examples, creating room for negotiation across the development's heterogeneous inventory.

What are the Additional Buyer's Stamp Duty (ABSD) implications for second-property buyers?

Singapore Citizens purchasing 301 Ubi Avenue 1 as a second residential property must pay ABSD at 20% of the purchase price, in addition to standard Buyer's Stamp Duty and other acquisition costs. This materially increases total outlay: for example, a S$350,000 purchase incurs ABSD of S$70,000 alone, before solicitor fees, surveys, and furnishings. The 20% ABSD rate applies specifically to second residential properties purchased by Citizens; permanent residents face 25% ABSD, whilst foreigners face 30% plus other restrictions. This duty fundamentally affects investment returns and cash-on-cash yield calculations, particularly for leveraged acquisitions, and should be factored into any financial model before binding offers are made.

What lease decay risk should I anticipate, and how does it affect long-term resale value?

301 Ubi Avenue 1 operates under Singapore's standard HDB 99-year lease structure, meaning all units gradually decline in remaining tenure from initial acquisition. As leases fall below 85 years, capital values begin depreciating more noticeably; below 75 years, depreciation accelerates and mortgage availability narrows as lenders reduce loan-to-value ratios for longer-dated amortisation. Units at 301 Ubi Avenue 1 that are now 20–30 years old will have remaining tenures in the 69–79 year range, placing them in the zone where buyers should carefully factor ongoing lease decay into purchase logic. Resale prospects become materially constrained once leases fall into the low 60s; refinancing or upgrading decisions become urgent. Multi-generational holding is therefore risky unless lease renewal schemes (if any apply) are factored into planning.

How does proximity to Ubi MRT (DT27) influence demand and capital appreciation?

Ubi MRT Station (Downtown Line, DT27) is the primary demand driver for 301 Ubi Avenue 1, given its reliable sub-10-minute walk accessibility and direct linkage to central employment hubs, Marina Bay, and cross-island connectivity. HDB developments within 800 metres of MRT stations consistently command price premiums of 5% to 10% over peripheral equivalents, a pattern that has persisted across multiple property cycles. The Downtown Line's operational reliability and span from Bukit Panjang to Downtown Core mean Ubi remains a strategic transit node with enduring appeal across economic cycles. Capital appreciation tends to track broader HDB market movements influenced by interest rates, policy changes, and district-level upgrades—but the MRT proximity provides underlying resilience, as relocation risk is low and tenant demand remains steady.

Which buyer profiles is 301 Ubi Avenue 1 best suited for?

First-time buyers benefit from the development's established infrastructure, mature neighbourhood character, and competitive entry pricing relative to western or central precincts, particularly if seeking modest 2-bedroom configurations. Upgraders moving from 1-bedroom or smaller units find diverse footprints and room for family expansion at prices below comparable central/western HDB alternatives. Young professionals and students are well-served by rental attractiveness and MRT proximity, making it ideal for buy-to-let investors building portfolios. However, high-net-worth buyers seeking premium finish, modern architecture, or exclusive branding will likely find the development's vintage aesthetic and mixed condition stock less compelling; such purchasers typically gravitate towards newer launches or private residential options. Retirees on fixed incomes may appreciate affordability but should carefully assess remaining lease terms before committing capital.

What TDSR headroom and financing availability exist at typical price points?

At typical 301 Ubi Avenue 1 price points (S$300,000–S$450,000 range), financial institutions generally approve mortgages at 80–90% loan-to-value for eligible borrowers, translating to 10–20% deposit requirements. Total Debt Servicing Ratio (TDSR) caps at 60% of gross monthly income; this means a purchaser financing S$350,000 at current rates (approximately 4.0%–4.5%) over 30 years would require gross monthly income of roughly S$6,000–S$7,500 to comfortably meet obligations and policy limits. First-time HDB buyers benefit from CPF housing grants and concessional loan terms, extending purchasing power; upgraders utilising sale proceeds from existing property enjoy larger down-payment capacity. Rising interest rates since 2022 have compressed real affordability on a monthly cashflow basis, meaning marginal borrowers face tighter headroom. Detailed pre-approval from chosen lender is essential before making offers.

How does 301 Ubi Avenue 1 compare to competing nearby HDB developments?

The immediate Ubi–Paya Lebar corridor hosts several comparable HDB estates: Paya Lebar Green (within 0.8 km) offers similar vintage stock with marginally better newer lift lobbies; Geylang Bahru developments (1.2 km away) trade at similar price points but feature slightly more dated common facilities; Kallang Park (1.5 km) presents newer units at 10–15% price premiums. 301 Ubi Avenue 1's primary competitive advantage is its direct Ubi MRT proximity and established neighbourhood maturity; disadvantages include mixed unit condition and age-related maintenance requirements across the estate. Rental demand across all these developments remains competitive, with tenant choice driven more by exact floor level, layout preference, and landlord responsiveness than by inter-project brand perception. Buyers should inspect comparable units across all three precincts before deciding, as pricing differences often reflect condition and floor-level variation rather than fundamental neighbourhood advantages.

Which unit stacks or floor levels offer best value at 301 Ubi Avenue 1?

Mid-floor units (4th–10th storeys) typically represent optimal value, balancing privacy from ground-level street noise against the premium pricing often associated with high-floor units. Lower floors (2nd–3rd) may benefit from marginally lower purchasing prices but suffer from ambient noise, reduced daylight penetration, and occasional dampness in tropical climates; resale demand tends to be softer. Correlation between floor level and psf pricing can reach 8–12% variance; astute buyers can negotiate lower prices for mid-storey units and achieve comparable rental or owner-occupier functionality. Stack proximity to lift lobbies also affects value: units directly adjacent to lift lobbies command marginal premiums due to convenience but suffer from lift mechanical noise and door slamming; units at far ends of corridors offer quieter environments at modest discount. Detailed inspection of comparable sold units by floor and stack position is invaluable before finalising offer price.

What future supply pipeline and district development outlook should influence my purchase decision?

The Ubi–Paya Lebar district has limited new HDB supply in the immediate pipeline (next 5–7 years), meaning competing inventory additions will be minimal, supporting stable capital values for well-maintained stock. The Urban Redevelopment Authority (URA) has signalled long-term rejuvenation priorities across the eastern corridor, including potential MRT line enhancements and district-level precinct uplifts, though timelines remain fluid. New private residential projects in adjacent areas (Geylang, Joo Chiat fringe zones) may absorb some affluent buyer mobility, but HDB demand remains insulated by affordability and CPF eligibility constraints that exclude private schemes. Employment anchors in the eastern zone—including Changi Airport, business parks in Paya Lebar, and tech hubs in Geylang—continue attracting workforce inflow, underpinning steady rental and owner-occupier demand. Purchasers should factor this outlook as supportive rather than transformative; appreciation upside will be modest (aligned to HDB-wide inflation), but downside risk is similarly constrained by limited new supply and persistent transport-accessibility appeal.

[For Sale / Rent] Hdb Flat At 301 Ubi Avenue 1 — From S$3,300