Type

Units

Min Area

Price Range

Other

60 sqft

S$800/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently start from S$800.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$160 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?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

382C Yishun Street 31: Established HDB Rental Investment Opportunity

Yishun has long been recognised as one of Singapore's most established residential neighbourhoods, offering a compelling combination of mature infrastructure, community facilities, and consistent rental demand. 382C Yishun Street 31 represents a practical investment opportunity within this well-established precinct, attracting both individual investors seeking regular income streams and young professionals entering the rental market for the first time.

The property's location within Yishun positions it advantageously in a district characterised by comprehensive public amenities, multiple retail centres, and a diverse resident demographic. This maturity of the estate translates directly into sustained tenant demand, as the area continues to appeal to working professionals, families, and students seeking reliable housing in a well-serviced neighbourhood. The established nature of Yishun means investors can benefit from predictable market cycles and steady occupancy rates typical of mature HDB enclaves.

Rental Yield and Investment Appeal

For property investors, the rental market in Yishun remains robust. Units in this district typically command steady monthly rental rates, reflecting the neighbourhood's appeal to a broad spectrum of tenants. The compact footprint of properties in this location makes them particularly attractive to single professionals and couples, a demographic segment that consistently demonstrates strong demand in Yishun. Monthly rental income from such units generally compares favourably against the acquisition cost, particularly when considering the lower entry price point relative to many other Singapore HDB locations.

Investors purchasing second residential properties should factor in Additional Buyer's Stamp Duty (ABSD), which currently stands at 20% for Singapore Citizens acquiring a second residential property. This duty represents a material consideration in investment cash flow projections and should be incorporated into purchase budgeting and yield calculations from the outset. Despite this acquisition cost, the relatively accessible price point of HDB units in Yishun can still deliver meaningful returns for disciplined long-term investors.

Market Position and Comparable Values

The per-square-foot pricing of units within this development aligns with current market transactional data for comparable HDB stock in the Yishun area. Recent sales and rental agreements in the vicinity demonstrate that Yishun continues to maintain competitive pricing relative to newer or more centrally located estates, yet without the premium typically attached to properties in high-demand districts. This positioning makes 382C Yishun Street 31 particularly interesting for investors seeking value without sacrificing location quality or tenant demand fundamentals.

Comparative analysis of recent transactions in Yishun shows that rental yields from properties in this neighbourhood remain consistent with historical norms, whilst capital appreciation potential remains stable. The maturity of the estate means dramatic price spikes are unlikely, but equally, the neighbourhood has demonstrated resilience against significant value erosion. For investors prioritising predictable, steady returns over speculative capital gains, this profile represents a sound strategic fit.

Accessibility and Transportation Connectivity

Yishun's public transport infrastructure has been substantially developed over decades, providing residents with multiple options for commuting across Singapore. The neighbourhood benefits from comprehensive bus networks and established connectivity patterns that have become ingrained in residents' daily routines. This established transport ecosystem remains a key driver of sustained rental demand, as tenants prioritise properties offering reliable and predictable commuting pathways to employment centres and educational institutions across the island.

The mature transport infrastructure in the area directly influences both occupancy rates and rental pricing for investment properties. Tenants consistently demonstrate willingness to pay stable rental rates for units in neighbourhoods with established public transport links, as the transportation ecosystem reduces their overall cost of living and commuting time. This factor has historically supported rental market resilience in Yishun across different economic cycles.

Property Characteristics and Tenant Demographics

The compact spatial configuration of units in this development makes them particularly suited to specific tenant demographics. Young professionals entering the workforce, expatriate workers on posting to Singapore, and couples without dependents consistently form the core tenant base for HDB properties of this scale. These demographics typically demonstrate lower churn rates and higher responsibility regarding property maintenance, contributing to positive long-term investment outcomes for owners.

The unit configuration also appeals to investors pursuing a diversified property portfolio strategy, as the entry price point allows accumulation of multiple assets without requiring enormous capital deployment. This accessibility has made Yishun increasingly popular among investors building methodical, long-term property portfolios through staged acquisitions.

Financing and Affordability Considerations

For purchasers financing through bank mortgages, HDB properties in Yishun typically present healthy loan approval profiles. The total debt service ratio (TDSR) framework, which caps monthly debt servicing at 60% of gross income, can generally be satisfied at the price points characterising this development, even for purchasers in mid-range income brackets. This financing accessibility expands the potential buyer pool and contributes to stable market conditions.

First-time property buyers should note that whilst HDB properties do not attract the same financing premiums as private residential stock, lenders apply consistent mortgage lending criteria. The affordability of properties in this location relative to private market alternatives means many first-time buyers can achieve property ownership sooner through the HDB market, building equity whilst establishing their investment trajectory.

Long-Term Estate Development and Future Supply

Yishun's status as a mature planned estate means future large-scale residential supply additions are limited compared to emerging districts. This supply constraint historically supports long-term price stability and rental market strength, as the neighbourhood cannot experience the residential oversupply phenomena that affect newer developments. Investors can therefore operate with reasonable confidence that new competitive supply will not materially pressure rental rates or resale valuations.

The district's planning trajectory suggests continued infrastructure maintenance and selective amenity enhancements rather than transformative redevelopment. This stability creates a predictable investment environment where external factors are unlikely to generate surprise negatives, though neither should investors anticipate dramatic windfall appreciation events.

Suitability Across Investor Profiles

Property investors of varying sophistication can find merit in 382C Yishun Street 31. First-time investors benefit from the straightforward tenant demand dynamics and established market fundamentals. Upgraders from other HDB estates maintain familiarity with the HDB ownership framework and can leverage existing housing knowledge. Experienced property investors recognise the value proposition of stable, predictable returns without requiring active management or speculative timing.

High-net-worth individuals pursuing diversified real estate strategies often maintain positions in mature HDB estates as ballast holdings, valuing the consistent income generation and low volatility characteristics. The relatively modest capital requirement means sophisticated investors can deploy capital across multiple units simultaneously, building concentrated rental income from a single neighbourhood with established tenant demand patterns.

382C Yishun Street 31 therefore serves multiple investment narratives, making it a versatile component within broader property strategies for investors across the experience spectrum.

Frequently Asked Questions

What rental yield can investors realistically expect from a property at 382C Yishun Street 31?

Properties in this Yishun location typically deliver gross rental yields ranging between 3-4% annually when calculated against current market rental rates relative to acquisition cost. This yield profile reflects the established nature of the Yishun rental market, where steady tenant demand from young professionals and transient workers supports consistent occupancy rates. When factoring in the 20% Additional Buyer's Stamp Duty applicable to second residential property purchases by Singapore Citizens, net yields compress slightly, but the absolute monthly rental income remains attractive given the modest property acquisition cost relative to private residential alternatives. Investors should model yields conservatively and account for potential vacancy periods, although Yishun's mature tenant base historically demonstrates low churn.

How does the per-square-foot pricing of 382C Yishun Street 31 compare to recent HDB transactions in Yishun?

Current transactional data for comparable HDB units in Yishun demonstrates pricing alignment with established market rates for the neighbourhood, indicating the development sits within the normal valuation band rather than commanding a premium or trading at a discount. Recent sales and rental agreements in the Yishun precinct show consistent per-square-foot values, suggesting no unusual market aberrations affecting 382C Yishun Street 31 specifically. This consistency provides investors with confidence that acquisitions at current rates represent fair market value rather than elevated or depressed pricing relative to peer transactions. Comparative analysis across recent transactions demonstrates Yishun maintains stable per-square-foot pricing across quality-comparable stock, supporting predictable rental revenue assumptions.

What is the impact of Additional Buyer's Stamp Duty (ABSD) for Singapore Citizens purchasing a second residential property?

Singapore Citizens acquiring a second residential property currently incur Additional Buyer's Stamp Duty at a rate of 20%, payable on the purchase price in addition to standard Buyer's Stamp Duty. For a property at this price point, this 20% ABSD represents a material acquisition cost that substantially impacts total cash outlay and therefore affects overall investment returns. Investors should incorporate this 20% duty into financial modelling from the outset, recognising it as a non-recoverable acquisition expense that reduces net yield calculations. The 20% ABSD applies universally to all second residential acquisitions by Singapore Citizens regardless of property type, making it a critical factor in investment decision-making for property portfolio expansion. Careful financing and timing planning can help investors manage this duty's cash flow impact, though the duty itself cannot be avoided or deferred.

What transport connectivity does 382C Yishun Street 31 benefit from, and how does this affect rental demand?

Yishun benefits from extensively developed public transport infrastructure spanning multiple bus routes and established connectivity patterns that have been optimised across decades of estate maturation. The neighbourhood's established transport framework directly translates into sustained rental demand, as prospective tenants prioritise properties offering reliable commuting pathways to employment centres across Singapore without requiring private vehicle ownership. Investors benefit from this transport accessibility because it expands the addressable tenant pool to include working professionals, students, and others dependent on public transit for daily movement. The established nature of Yishun's transport ecosystem means investors can operate with reasonable confidence in occupancy fundamentals regardless of economic cycles, as transport connectivity has become embedded in tenant decision-making processes for this neighbourhood.

Is 382C Yishun Street 31 suitable for first-time property buyers entering the investment market?

The property presents a practical entry point for first-time investors due to its modest acquisition cost, established tenant demand patterns, and straightforward HDB ownership framework. First-time investors benefit from Yishun's mature market characteristics, where rental dynamics remain predictable and influenced by well-established demographic patterns rather than speculative supply-demand shocks typical of emerging developments. The HDB structure itself offers familiarity to Singapore-based investors who may have grown up in or maintained connections to HDB properties, reducing the learning curve associated with ownership, tenancy management, and estate operations. Financing accessibility for first-time purchases in this neighbourhood is generally healthy, as lenders apply consistent criteria and the property price point typically sits comfortably within affordability parameters for professional workers. Seasoned investors also recognise value in this property segment, making it appropriate across multiple investor experience levels.

How do TDSR (Total Debt Service Ratio) calculations typically work for purchasers financing 382C Yishun Street 31?

The TDSR framework caps monthly debt servicing at 60% of gross monthly income, and properties at this price point generally satisfy TDSR requirements for purchasers earning mid-range professional salaries without requiring exceptionally high income thresholds. A prospective purchaser earning SGD 6,000 monthly could typically service a mortgage on this property whilst comfortably remaining within TDSR limits, demonstrating the accessibility profile of HDB properties in Yishun relative to private residential alternatives. Purchasers should anticipate that whilst TDSR calculations are conducted by individual lenders and depend on personal financial circumstances, the property's price point creates a favourable financing environment compared to centrally-located or new private developments. Financial planning around TDSR constraints should include consideration of other debt obligations (credit cards, car loans, other mortgages), as all monthly debt servicing counts toward the 60% cap. Overall, the affordability of this property relative to private market alternatives means financing headroom is generally adequate for qualified purchasers.

How does 382C Yishun Street 31 compare to competing HDB developments in the Yishun vicinity?

Yishun contains numerous HDB blocks and precincts developed across different periods, resulting in comparable stock offering similar rental dynamics and tenant appeal profiles. 382C Yishun Street 31 competes within a market featuring multiple neighbouring HDB locations, all similarly positioned to benefit from the neighbourhood's established transport infrastructure and community amenities. Differentiation between competing Yishun properties typically relates to specific floor levels, unit orientation, and proximity to local amenities rather than fundamental differences in neighbourhood fundamentals or market positioning. Investors comparing 382C Yishun Street 31 against peer HDB locations in Yishun should focus on unit-specific factors such as views, natural lighting, and renovation requirements rather than expecting material differences in rental achievability or long-term value trajectory. The competitive landscape within Yishun remains healthy, with multiple properties maintaining active rental markets and consistent tenant demand across quality-comparable stock.

What is the lease tenure of properties at 382C Yishun Street 31, and how does this affect long-term ownership?

HDB properties in Singapore are granted with 99-year leasehold tenures, commencing from the date of initial purchase and declining throughout the ownership period. As the lease decays over time, property values may experience downward pressure in the later decades of the lease cycle, particularly as the lease approaches expiration. For investors acquiring this property today, the lease decay trajectory is gradual and typically has minimal impact on rental appeal or resale marketability in the medium term, as tenant demand remains robust for properties with 70+ years of lease remaining. However, investors should incorporate lease age into long-term financial modelling, recognising that properties with significantly eroded lease tenure (below 60 years) may experience material valuation compression relative to comparable stock with longer remaining terms. The 99-year lease structure is standard across all HDB properties and does not constitute a unique risk for 382C Yishun Street 31 compared to comparable HDB investments.

Which investor profiles are best suited to acquiring property at 382C Yishun Street 31?

This property appeals primarily to income-focused investors seeking steady rental returns without speculative capital appreciation expectations, particularly those building diversified property portfolios through staged acquisitions across multiple locations. Young professionals entering property investment for the first time benefit from the straightforward ownership framework and predictable tenant demand characteristics, whilst upgraders transitioning between HDB properties maintain familiarity with the ownership structure and estate operations. Experienced property investors recognise the value proposition of mature HDB estates as stable, low-volatility holdings generating consistent cash flow, often maintaining multiple units in such neighbourhoods to concentrate income streams. High-net-worth investors pursuing sophisticated real estate strategies frequently include HDB positions as ballast holdings valued for income consistency rather than capital appreciation potential. Conversely, investors seeking rapid capital appreciation or specialising in emerging developments may view Yishun as mature and lacking sufficient upside volatility, making 382C Yishun Street 31 less aligned with speculative investment mandates.

What future supply pipeline exists in the Yishun district, and how might this affect long-term property values?

Yishun's status as a mature planned estate developed across preceding decades means large-scale additional residential supply is substantially constrained compared to emerging districts like Tengah or Punggol. The established nature of Yishun's planning framework suggests future development activities will centre on selective infill projects, amenity enhancements, and maintenance rather than transformative new residential construction that could materially expand the housing supply pool. This supply constraint historically supports long-term price stability and rental market resilience, as the neighbourhood cannot experience the competitive oversupply dynamics affecting newer estates with pipeline projects still in development. Investors can operate with reasonable confidence that external supply-side pressures will not materially compress rental achievability or resale valuations, providing a stable long-term outlook. However, investors should also recognise that limited new supply means Yishun will not experience the dramatic capital appreciation seen in emerging developments, positioning the neighbourhood as a stable, mature market rather than a high-growth opportunity.

Are there particular unit stacks or floor levels within 382C Yishun Street 31 that offer superior value propositions for investors?

Unit value within HDB developments varies based on floor level, unit orientation, and proximity to vertical transport and common facilities, with lower floors (typically levels 1-4) often trading at modest discounts relative to mid-range levels due to reduced natural light and proximity to ground-level activity. Mid-range floors (typically 5-15) frequently represent optimal value, balancing accessibility with natural lighting and reducing exposure to upper-level wind and sun exposure that can accelerate wear on unit interiors and mechanical systems. Higher floors command rental premiums and often achieve faster tenant acquisition, but the per-square-foot premium may exceed the incremental rental uplift, making mid-range floors strategically optimal for yield-conscious investors. Unit orientation affects natural lighting and summer cooling costs, with certain orientations commanding rental premiums amongst tenant demographics prioritising daylight and energy efficiency. Investors should analyse available unit inventory at 382C Yishun Street 31 and compare per-square-foot pricing across different stacks to identify optimal value positioning, rather than assuming all units within the development command identical rental appeal.

Hdb Flat At 382C Yishun Street 31 — From S$800