- HDB development with 2 units currently available.
- Prices currently range from S$1,000 to S$458K.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$200 on this acquisition.
- 50% of current units are for sale, from S$458K; 50% are for rent, from S$1,000/mo.
- Located 4 min (320 m) from NS13 Yishun MRT Station.
- 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.
Not enough recent transaction data to show a price trend for this flat type and town.
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742 Yishun Avenue 5: A Mature HDB Development in Singapore's Yishun District
742 Yishun Avenue 5 represents an established public housing development situated in one of Singapore's more established residential neighbourhoods. Located at a straightforward address in Yishun, this HDB development has become part of the district's residential fabric, offering accommodation options to a diverse range of residents and investors seeking properties in the area.
The development benefits from its proximity to NS13 Yishun MRT Station, positioned just four minutes' walk away and approximately 320 metres from the property. This accessible connection to the Singapore MRT network is a significant advantage, providing residents with seamless access to employment hubs, shopping centres, and leisure destinations throughout the island. The North-South Line connectivity ensures smooth commuting to key business districts such as the CBD and Orchard, making the location particularly attractive to working professionals.
Strategic Location and Neighbourhood Character
Yishun has developed over many years into a mature residential district characterised by established community infrastructure and diverse amenities. The neighbourhood around 742 Yishun Avenue 5 features a mix of retail outlets, food establishments, and services that cater to the resident population. The presence of MRT connectivity transforms this area into a transit-oriented neighbourhood, enhancing its appeal to commuters and professionals who value accessibility.
The development's location within a well-established housing precinct means residents benefit from mature infrastructure. Shopping options, dining venues, and essential services have been integrated into the neighbourhood fabric over decades, creating a functional residential environment. For those prioritising convenience and established community infrastructure, this aspect of the location holds particular merit.
Investment and Rental Considerations
Properties at 742 Yishun Avenue 5 present potential investment opportunities, particularly for those considering the rental market. The combination of MRT accessibility and neighbourhood maturity creates conditions favourable to tenant demand. Investors evaluating yield potential should consider that rental rates in this segment of Yishun reflect both the established character of the neighbourhood and the accessibility provided by the MRT connection.
Rental yields across comparable HDB developments in mature estates typically reflect the balance between acquisition costs and achievable monthly rental rates. Properties of this type generally attract tenants seeking affordable, well-connected accommodation without premium pricing. Understanding the local rental market dynamics and tenant demographics remains essential for investors evaluating this development as part of an investment portfolio.
Accessibility and Transport Value
The NS13 Yishun MRT Station proximity is a fundamental value driver for this development. Properties within short walking distance of MRT stations consistently demonstrate stronger demand characteristics than those requiring longer commutes. The four-minute walk to Yishun Station positions residents within the optimal accessibility range, reducing reliance on additional transport costs and time expenditure.
Commuters utilising the North-South Line benefit from direct connections to major commercial districts, hospitals, and educational institutions. This transport accessibility translates into practical lifestyle advantages for working professionals, students, and healthcare workers. The MRT proximity also supports the development's appeal in the rental market, as tenants increasingly prioritise locations where commuting times and transport costs remain minimised.
Property Profile and Market Position
As an HDB development, properties at 742 Yishun Avenue 5 occupy a distinct segment within Singapore's residential market. HDB units in established neighbourhoods continue to represent value-conscious choices for owner-occupiers and investors alike. The development's position in Yishun places it within a price tier that remains accessible relative to private residential alternatives in more central locations.
The established nature of this development means the neighbourhood character is fully formed, with no risk of significant infrastructure changes or ongoing construction disruptions. This stability appeals to residents prioritising a settled, predictable living environment. For first-time buyers, upgraders, and investors, the known market dynamics and established tenant base reduce some of the uncertainty associated with newer or developing areas.
Financing and Affordability
HDB properties in Yishun generally remain accessible from a financing perspective, with most banks providing competitive home loan packages for established developments in mature estates. Prospective buyers should engage with their financial institutions to understand Total Debt Service Ratio (TDSR) implications at typical price points for this development. The generally more affordable pricing of HDB units compared to private residential properties means financing headroom is typically available for qualified borrowers.
For second-property investors, awareness of Additional Buyer's Stamp Duty (ABSD) considerations is important. Singapore Citizens purchasing a second residential property face a 20% ABSD impost, which should be factored into investment return calculations. Understanding the impact of this duty on cash flows and overall investment returns remains essential when evaluating this development as part of an investment strategy.
Demand Drivers and Buyer Profiles
Multiple buyer profiles find value in HDB developments located at MRT-proximate positions in established neighbourhoods. First-time buyers appreciate the affordability and accessibility of such properties, whilst upgraders may view them as intermediate steps toward larger private residential holdings. Investors recognise the rental demand generated by accessible, affordable properties in transit-oriented locations.
Owner-occupiers seeking to minimise transport expenditure and commuting time find strong practical benefits in MRT-adjacent locations. For families prioritising accessibility to schools, workplaces, and healthcare facilities, the Yishun location offers practical advantages. High-net-worth individuals may also use such properties as part of diversified real estate portfolios, capturing rental yields in the HDB segment.
Future Considerations and Market Outlook
The Yishun neighbourhood continues to evolve as Singapore's resident population adapts to demographic changes and urban planning initiatives. Mature estates like those in Yishun have historically undergone renewal programmes that enhance infrastructure and amenities without fundamentally altering neighbourhood character. Properties at 742 Yishun Avenue 5 remain positioned within an established, evolving neighbourhood where continued infrastructure investment supports long-term value stability.
Investors and owner-occupiers should monitor announcements regarding potential estate renewal initiatives, transport infrastructure enhancements, and neighbourhood planning changes. Such developments, when they occur, typically support property values and rental demand in mature estates. The MRT accessibility and established neighbourhood infrastructure position this development well for continued relevance in Singapore's residential market.