Type

Units

Min Area

Price Range

2 BR

721 sqft

S$3,050/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$3,050.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$610 on this acquisition.
Located 6 min (510 m) from CR11 Ang Mo Kio 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.

513 Ang Mo Kio Avenue 8 – A Mature HDB Development in the Heart of Ang Mo Kio

513 Ang Mo Kio Avenue 8 represents an established residential address in one of Singapore's most mature and well-planned neighbourhoods. This HDB development has served as a home to thousands of households over the decades, offering reliable housing options across various unit configurations and price points. The project sits in a prime location within the Ang Mo Kio precinct, an area characterised by strong community infrastructure and consistent capital appreciation.

The development benefits from its proximity to Ang Mo Kio MRT Station (CR11), situated just over 500 metres away—approximately a six-minute walk. This exceptional transport accessibility connects residents directly to the Circle Line, facilitating seamless journeys across central Singapore and towards the outer regions. The station itself serves as a major transport hub, with multiple bus interchanges and feeder services that extend the reach of public transport throughout the neighbourhood and surrounding districts.

Location and Connectivity

Ang Mo Kio has long been regarded as one of Singapore's premier residential zones, and 513 Ang Mo Kio Avenue 8 sits comfortably within this established framework. The immediate vicinity offers a comprehensive range of amenities that cater to daily living needs. Residents enjoy access to multiple hawker centres, supermarkets, and retail outlets, ensuring convenience for grocery shopping and dining. The area is also home to several primary and secondary schools, making it particularly attractive for families with children seeking quality education institutions within close proximity.

Medical facilities are well-represented in the neighbourhood, with clinics and healthcare centres distributed throughout Ang Mo Kio. The presence of recreational amenities—including parks, community centres, and sports facilities—promotes an active and healthy lifestyle for residents of all ages. The development's location within a mature estate means that most infrastructure and services have been established for some years, reducing the uncertainty often associated with newer residential projects.

Unit Types and Space Considerations

The project encompasses HDB flats across multiple bedroom configurations, with individual units ranging upwards from approximately 721 square feet in built-up area. This size range accommodates a diverse range of household types, from compact units suitable for young professionals and couples to larger configurations catering to growing families. The variety in unit offerings means that prospective buyers and tenants can select properties that align with their specific spatial requirements and budget parameters.

Each unit benefits from the standardised construction quality and design principles characteristic of HDB developments in Singapore. The floor plans typically include well-appointed living spaces, kitchens configured for efficient use, and bedroom arrangements that maximise privacy and comfort. Bathrooms and utility areas are designed with practicality in mind, reflecting decades of HDB expertise in residential planning.

Investment and Rental Potential

From an investment perspective, properties at 513 Ang Mo Kio Avenue 8 appeal to different buyer cohorts. The proximity to a major MRT station and the maturity of the neighbourhood create a stable rental market for investors seeking consistent yields. Units in well-located HDB projects near transport nodes have historically attracted tenants seeking affordable, accessible housing with minimal commuting time. The broad appeal of the location—combining affordability, connectivity, and established infrastructure—supports sustained rental demand across various economic cycles.

Capital appreciation potential is linked to several factors endemic to the Ang Mo Kio area. The neighbourhood's maturity, established community infrastructure, and consistent population demand have supported property values over the long term. However, prospective investors should carefully evaluate lease remaining on individual units, as this becomes increasingly significant as properties age. Properties with longer remaining leases typically command better resale and rental valuations than those approaching lease expiry.

Buyer Profiles and Suitability

First-time homebuyers often find HDB flats at established locations like Ang Mo Kio attractive due to their affordability compared to private condominium equivalents and the straightforward nature of HDB ownership regulations. The proximity to MRT, schools, and amenities reduces the need for car ownership, representing additional cost savings for budget-conscious first-timers. Additionally, the development's maturity means that most infrastructure questions have been resolved—schools are operating, bus routes are established, and community facilities are familiar to residents.

Upgraders moving from smaller units or further-flung estates find Ang Mo Kio appealing for its balance of space, connectivity, and central location relative to employment hubs. The MRT connection particularly benefits upgraders whose work commitments span multiple districts, as the Circle Line provides efficient interchange options at Dhoby Ghaut, Outram, and Clarke Quay. For investors, the combination of strong tenant demand and established rental markets makes this development a sensible choice within a balanced property portfolio.

Financing and Affordability

HDB flat purchases typically attract more favourable financing terms than private properties, with loans available through HDB itself and participating banks at competitive rates. Debt Service Ratio (TDSR) constraints—which typically cap monthly debt servicing at 60% of gross monthly income—are generally less restrictive on HDB flats due to their lower absolute price points relative to private residential stock. This improved financing accessibility makes properties at this address viable options for households across a wider income spectrum compared to private sector alternatives at equivalent distances from the MRT.

The absence of additional costs such as condominium fees means that total occupancy costs remain predictable and manageable. Upgrading costs are limited to property tax and maintenance levies, both of which represent modest annual outlays relative to property values in this category.

Market Dynamics and Future Considerations

The Ang Mo Kio district continues to evolve, with ongoing rejuvenation initiatives aimed at enhancing existing neighbourhoods and introducing new amenities. Future plans for the broader area may include transport improvements, expanded retail facilities, and enhanced recreational spaces. These developments typically support sustained property values and rental demand, though prospective buyers should monitor planning notices and district development plans to stay informed of major changes that might affect their investment thesis.

Competition from neighbouring HDB projects and new private residential launches in adjacent areas remains a consideration. However, the established nature of 513 Ang Mo Kio Avenue 8 and its prime MRT-proximate location provide inherent advantages over newly launched projects that may lack similar transport accessibility and mature community infrastructure.

Frequently Asked Questions

What rental yield might an investor typically expect from a unit at 513 Ang Mo Kio Avenue 8?

Rental yields for HDB flats in established, MRT-proximate locations like Ang Mo Kio typically range between 2.5% and 4% per annum, depending on unit size, remaining lease, and current market conditions. Smaller units (2-bedroom) near transport nodes often command stronger rental demand due to their appeal to young professionals and couples, potentially supporting the upper end of this yield range. Investors should note that yields compress over time as lease remaining decays below 70 years, making newer resales or units with significantly longer leases more attractive from a rental yield perspective.

How does the per-square-foot pricing at this development compare to recent HDB transactions in Ang Mo Kio?

HDB flats at 513 Ang Mo Kio Avenue 8, being located within a few minutes of a major MRT station, typically command per-square-foot prices at or above the Ang Mo Kio district average, currently ranging between S$550 to S$700 per sqft depending on unit type, floor level, and lease remaining. Recent comparable transactions in the immediate vicinity suggest that MRT proximity adds a 10–15% premium to base Ang Mo Kio pricing, reflecting the significant value of transport accessibility. Buyers should obtain recent transacted prices from HDB records to benchmark individual units against this range, as lease decay and unit condition create substantial variation even within the same block.

What Additional Buyer's Stamp Duty (ABSD) implications apply to second-property buyers at this development?

Singapore Citizens purchasing this HDB flat as a second residential property are subject to Additional Buyer's Stamp Duty at a rate of 20%, calculated on the purchase price. For example, a S$400,000 purchase would incur ABSD of S$80,000, payable upon completion. This duty applies in addition to standard Buyer's Stamp Duty and represents a significant acquisition cost that buyers must budget for separately. Singapore Permanent Residents and foreign entities face even higher ABSD rates, making this development considerably more affordable for Citizens seeking their primary or second residence compared to non-Citizens.

What lease decay risks should buyers consider when evaluating units at 513 Ang Mo Kio Avenue 8?

As an HDB development, properties here are held on 99-year leases, meaning lease decay becomes a material consideration, particularly for units nearing 70 years of remaining tenure. Properties with fewer than 70 years remaining typically see reduced resale valuations and more stringent financing terms from banks, as the collateral value diminishes closer to lease expiry. Buyers should verify the remaining lease on any unit before purchase, as this directly impacts both capital appreciation potential and future rental market appeal. Units with 85+ years remaining provide greater reassurance for long-term ownership and investment, whereas units approaching 60 years remaining may present timing challenges for future resales.

How does proximity to Ang Mo Kio MRT (CR11) influence demand and capital appreciation for properties at this address?

MRT proximity is one of the strongest drivers of capital appreciation and rental demand for HDB properties across Singapore, and 513 Ang Mo Kio Avenue 8 benefits significantly from being within a six-minute walk of a major station. Properties near transport nodes have historically appreciated faster than those in car-dependent locations, as they appeal to a broader tenant base and buyer cohort less reliant on vehicle ownership. The Circle Line connection provides access to employment hubs in the CBD, Tanjong Pagar, and other major commercial centres, which consistently supports demand from working professionals. Future transport improvements—such as potential Circle Line extensions or improved feeder services—could further enhance property values, making this location particularly attractive for long-term investors.

Which buyer profiles are best suited to properties at 513 Ang Mo Kio Avenue 8?

First-time buyers appreciate this development for its affordability relative to private housing, straightforward HDB ownership mechanics, and proximity to essential services and schools. Young professionals and couples find the location ideal due to its MRT connectivity and lower overall occupancy costs. Upgraders relocating from other HDB estates or smaller private units benefit from the larger unit options available and the established neighbourhood infrastructure. Investors seeking stable rental yields favour this development due to strong tenant demand in mature, MRT-proximate locations and the potential for capital appreciation over a 10–15 year hold period. High-net-worth individuals may find less appeal here compared to private condominiums, though some sophisticated investors acquire units as part of a diversified portfolio targeting mid-market rental returns.

What TDSR and financing headroom implications apply to typical purchase prices at this development?

For a HDB flat at 513 Ang Mo Kio Avenue 8 priced at approximately S$400,000–S$500,000, the 80% LTV financing available through HDB and banks typically results in loan amounts of S$320,000–S$400,000. At current HDB interest rates (around 2.6% per annum), monthly servicing costs range between S$1,850–S$2,300 on a 25-year tenure. For a household with combined gross monthly income of S$6,000–S$8,000, this represents approximately 30–35% of income, well within the standard 60% TDSR ceiling. This comfortable headroom means that buyers across a wider income spectrum can qualify for financing here, making the development accessible to upgraders and first-timers who might struggle to secure financing for equivalent private residential properties.

How does 513 Ang Mo Kio Avenue 8 compare to nearby competing HDB developments in terms of value and positioning?

Ang Mo Kio encompasses multiple blocks spread across several precincts, with variations in MRT distance, estate maturity, and proximity to amenities affecting relative valuations. 513 Ang Mo Kio Avenue 8, located within walking distance of the MRT and established commercial facilities, typically commands pricing at or slightly above developments further inland from the station, such as those on Ang Mo Kio Avenue 5–7. Competing private projects in neighbouring locations like Nex or Serangoon offer higher-end finishes and facilities but at substantially higher absolute prices (often double or more), making them appealing primarily to buyers with larger budgets. Within the HDB segment, this development's maturity and transit-oriented position provide competitive advantages over newer launches in outer zones, which may offer slightly lower per-sqft pricing but sacrifice connectivity and established amenities.

Which unit stacks and floor levels typically offer the best value at this development?

Mid-level units (floors 8–15) typically represent optimal value, commanding prices below penthouse-equivalent units whilst avoiding ground-floor noise and privacy concerns. Units on the quieter sides of blocks facing parks or green spaces tend to command slight premiums due to improved views and ambient quality. Higher floors (16+) attract a modest premium for unobstructed views and reduced noise from street-level traffic, though this premium may not justify the price differential for price-conscious buyers. Corner units with additional windows often provide superior natural light and ventilation, supporting marginally better rental appeal, though these premiums vary by block orientation and neighbouring building heights. Buyers seeking purely economical ownership should target mid-floor, non-corner units, which typically offer strong value without unnecessary premium pricing.

What does the future supply pipeline look like for Ang Mo Kio, and how might this affect long-term property values at 513 Ang Mo Kio Avenue 8?

The Ang Mo Kio district is largely mature and fully developed, meaning that large-scale new HDB supply in immediately neighbouring zones is unlikely in the near to medium term. However, ongoing rejuvenation initiatives by HDB and the Urban Redevelopment Authority may introduce selective new projects or upgraded facilities, potentially enhancing the area's overall appeal without creating oversupply. Private residential developments in adjacent areas such as Nex, Serangoon, and the eastern fringe may increase, but these typically serve a different buyer segment at higher price points. The limited new supply pipeline in Ang Mo Kio itself supports long-term property value retention, as demand from upgraders and investors will continue to encounter limited new stock, thus supporting steady appreciation. Buyers at 513 Ang Mo Kio Avenue 8 can take reasonable confidence that significant value dilution from large nearby new launches is unlikely.

Hdb Flat At 513 Ang Mo Kio Avenue 8 — From S$3,050