Type

Units

Min Area

Price Range

Other

100 sqft

S$600/mo – S$1,250/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$600 to S$1,250.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$120 on this acquisition.
Located 7 min (610 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.

13 Toh Yi Drive: A Mature HDB Development in the Heart of District 10

13 Toh Yi Drive represents an established residential offering in one of Singapore's most sought-after public housing neighbourhoods. Situated in District 10, this HDB development benefits from decades of community maturity, proven infrastructure, and consistent demand from both owner-occupiers and rental investors. The project's enduring appeal stems from its balance of accessibility, established amenities, and central-west positioning that bridges premium residential zones with well-connected transport corridors.

Location and Transport Connectivity

The development's proximity to Beauty World MRT station on the Downtown Line (DT5) stands as a primary asset. With the station lying approximately seven to ten minutes' walk away, residents enjoy straightforward access to key employment hubs, shopping destinations, and entertainment precincts across Singapore's wider transport network. This accessibility translates directly into appeal for commuters, making the location particularly attractive to working professionals and families prioritising convenience over isolation.

Beauty World itself functions as a natural commercial and transport interchange, hosting retail outlets, food establishments, and services that cater to daily residential needs. The immediate catchment around the station has evolved to support modern urban living patterns, with continuous investment in neighbouring facilities reinforcing the area's position as a vibrant residential corridor.

Market Position and Rental Demand

HDB resale units in this district have historically demonstrated consistent rental demand, particularly from expatriate tenants, young professionals, and corporate relocations. The proximity to central business locations and the established nature of the neighbourhood create reliable tenant pipelines. Properties in this locale typically achieve competitive monthly rental yields, with units routinely attracting inquiries from furnished and unfurnished rental seekers throughout the year.

The development's maturity means supporting infrastructure—hawker centres, wet markets, schools, polyclinics, and parks—has long been established, reducing tenant friction and supporting retention rates. This infrastructure stability differentiates mature HDB developments from newer estates still establishing community services.

Investment Profile and Capital Growth

Units at 13 Toh Yi Drive appeal to several buyer personas. First-time buyers benefit from the area's proven affordability relative to private residential alternatives, whilst upgraders appreciate the location's mid-career convenience. Investors view HDB resale units here as part of a broader portfolio strategy, leveraging rental demand and gradual capital appreciation tied to transport improvements and surrounding commercial development.

The Downtown Line's continued maturation and ongoing urban intensification in the surrounding Bukit Timah and Beauty World precincts should support longer-term value resilience. Properties in this district have historically tracked Singapore's wider HDB resale price appreciation, with location premiums reflecting MRT proximity and district demand.

Property Specifications and Unit Mix

The development comprises HDB flats spanning various configurations and stack positions. Buyers and renters can expect varying unit sizes and layouts, each commanding different price points and appeal profiles. Smaller units typically attract investors seeking efficient rental yield per dollar invested, whilst larger configurations appeal to families requiring additional living space. The building stock reflects standard HDB construction quality and finishes, with individual units having undergone periodic renovations reflecting owner preferences and market expectations.

Financing and Affordability Considerations

HDB resale units at this location generally fall within reach of Central Provident Fund (CPF) financing for eligible Singaporean citizens and permanent residents. First-time buyers benefit from CPF withdrawal rules and may qualify for housing grants depending on income and family composition. The loan-to-value ratios for HDB purchases remain favourable, typically allowing 80-90% loan coverage depending on borrower profile and property valuation.

Second-property investors should account for Additional Buyer's Stamp Duty at 20% of the purchase price when acquiring a second residential property as a Singapore Citizen. This ABSD obligation materially impacts net acquisition costs and should feature prominently in investment return modelling. Total debt servicing ratios (TDSR) for such investors typically leave adequate financing headroom at prevailing interest rates, though individual bank assessments vary based on income and existing obligations.

Lease Tenure and Long-Term Viability

HDB flats at 13 Toh Yi Drive carry 99-year leases from their grant date. As the property ages, lease decay will gradually influence resale valuations, particularly as the lease horizon approaches 60 years remaining. Buyers should factor this into long-term holding assumptions and understand that future resale appeal may tighten as lease duration shortens. The Housing and Development Board has periodically offered lease extension schemes, though these remain subject to policy changes and eligibility criteria.

Surrounding Amenities and Lifestyle

The District 10 location places residents within easy reach of numerous lifestyle amenities. Bukit Timah Road, a major commercial spine, hosts retail, dining, and services. The Tan Kah Kee Park and surrounding green spaces provide recreational outlets. Educational institutions ranging from primary schools to junior colleges operate in the vicinity, supporting families with school-age children. Healthcare facilities, including private clinics and the nearby Tan Tock Seng Hospital precinct, ensure medical accessibility.

Market Comparison and Competitive Landscape

Competing HDB developments in District 10 and adjoining areas offer similar accessibility profiles, though specific unit designs, exact MRT distances, and individual block conditions vary. Properties within five to ten minutes of MRT stations command location premiums across the HDB resale market. 13 Toh Yi Drive's maturity and established community reputation position it competitively against newer HDB launches in outer districts, balancing proven livability against growth potential.

Investment Strategy Outlook

For buy-to-let investors, the development offers stable rental demand, predictable tenant profiles, and manageable property management given the HDB ecosystem's transparency and standardisation. Capital appreciation potential ties directly to broader HDB market trends, transport network enhancements, and district commercial development. Owner-occupiers benefit from the location's proven liveability, established services, and transport convenience that support long-term residential satisfaction.

Prospective buyers and tenants should conduct viewings to assess individual unit conditions, stack positions for natural light and ventilation, and proximity to common facilities. While the development itself presents a solid market proposition, individual unit selection remains crucial to maximising both rental appeal and personal satisfaction.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 13 Toh Yi Drive as an investment?

HDB resale units at 13 Toh Yi Drive typically achieve gross rental yields between 3.5% and 4.5% annually, depending on unit size, exact configuration, and current market rent rates for the District 10 locale. Smaller units frequently outperform on yield percentage terms due to lower absolute purchase prices and consistent demand from expatriate and young professional tenants. The location's proximity to Beauty World MRT and established amenities supports stable tenant retention, reducing vacancy risk and enhancing net yield realisation compared to outer-district alternatives.

How does the per-square-foot pricing at 13 Toh Yi Drive compare to recent HDB transactions in District 10?

Properties at 13 Toh Yi Drive trade in line with broader District 10 HDB resale benchmarks, typically ranging from S$1,200 to S$1,500 per square foot depending on unit size, exact floor level, and prevailing market conditions. Recent transaction data from the HDB resale market indicates modest year-on-year appreciation, with location premiums reflecting MRT proximity and district demand. Smaller units often command higher price-per-square-foot multiples due to investor demand and lower absolute entry costs, whilst larger units trade at slightly lower per-unit-area rates due to bulk purchasing patterns among families.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I buy this as my second residential property?

Second-property purchases by Singapore Citizens incur Additional Buyer's Stamp Duty at the current rate of 20% of the purchase price, on top of standard buyer's stamp duty. For a unit purchased at S$500,000, ABSD would add S$100,000 to acquisition costs, materially impacting net investment returns and financing requirements. This 20% ABSD obligation must be factored into your total capital outlay and holding period analysis; shorter investment horizons may render the property unviable due to this upfront cost burden. Consult a tax advisor to model ABSD implications against your specific investment timeline and expected capital appreciation.

How does lease decay affect resale value and long-term viability at 13 Toh Yi Drive?

HDB flats at 13 Toh Yi Drive carry 99-year leases from grant date, meaning lease decay will gradually compress valuations as years elapse. Properties with 60+ years remaining lease typically experience minimal decay-driven depreciation, but this accelerates materially once the lease falls below 60 years remaining. For buyers planning to hold long-term or target retirement-stage ownership, lease duration should feature prominently in your holding assumptions. The Housing and Development Board periodically offers lease extension schemes under specific eligibility criteria, though these remain discretionary and subject to policy evolution; banking on future extensions carries policy risk.

How does proximity to Beauty World MRT station influence demand and capital appreciation for this development?

MRT proximity is a primary demand driver for HDB resale properties, and Beauty World's position on the Downtown Line (DT5) connects residents directly to central employment corridors, shopping precincts, and transport interchanges. Properties within seven to ten minutes' walk of MRT stations consistently command 10–15% location premiums over comparable units further afield, reflecting commuter demand and rental appeal. Ongoing Downtown Line optimisation and surrounding commercial development in the Bukit Timah corridor should support sustained capital appreciation, though this remains contingent on broader HDB market trends and macroeconomic conditions rather than station proximity alone.

Is 13 Toh Yi Drive suitable for first-time buyers, upgraders, investors, and high-net-worth purchasers?

The development caters to distinct buyer personas through its range of unit configurations and price points. First-time buyers benefit from CPF withdrawal eligibility, affordable entry costs, and established infrastructure reducing residential friction. Upgraders appreciate the location's central-west positioning as a natural stepping stone to premium private residential options. Investors favour the stable rental demand, transparent HDB market mechanics, and predictable tenant profiles, though the 20% ABSD burden on second-property acquisitions requires careful return modelling. High-net-worth purchasers typically view HDB here as diversification rather than primary residence, leveraging efficient rental yield and capital stability without significant appreciation upside.

What TDSR and financing headroom should I expect at typical price points for this development?

At typical price points of S$450,000–S$600,000 for units at 13 Toh Yi Drive, most Singaporean citizens with stable employment can expect Total Debt Servicing Ratio (TDSR) headroom of 20–30% under current lending criteria, assuming 80–90% loan-to-value ratios. Monthly repayment obligations typically fall between S$1,800 and S$2,500 depending on loan tenure (20–30 years) and prevailing interest rates, leaving adequate servicing capacity for middle-income households. Second-property investors should account for higher TDSR utilisation due to existing residential mortgage obligations; your lender will require proof of sufficient household income to service both properties, effectively tightening available financing headroom.

How does 13 Toh Yi Drive compare to nearby competing HDB developments in District 10 and adjacent areas?

Competing HDB developments in the broader District 10 locale—such as properties in the Bukit Timah, Tan Kah Kee, and Beauty World neighbourhoods—offer similar MRT accessibility and community maturity but differ in specific block design, unit stack configurations, and exact transport distances. Developments immediately adjacent to MRT stations command premium pricing relative to those requiring 15+ minute walks, positioning 13 Toh Yi Drive advantageously within this spectrum. Newer HDB launches in outer districts offer lower absolute prices but sacrifice transport convenience and established amenities; mature developments here appeal to buyers prioritising livability and infrastructure certainty over capital appreciation potential.

Which unit stacks or floor levels offer the best value for money at 13 Toh Yi Drive?

Mid-level units (typically floors 4–10 out of 15–20-storey blocks) often represent optimal value, offering natural light and ventilation without excessive premium pricing for higher floors. Ground and first-floor units attract minor discounts due to reduced privacy and natural light, making them attractive for investors optimising yield per dollar. Higher floors (15+) command premiums for views and reduced noise, though these premiums typically outpace utility gains and reduce rental-yield efficiency. Central stack positions generally outperform edge blocks for rental demand, as tenants prefer reduced noise exposure and balanced daylighting; investing time in stack selection can meaningfully enhance rental appeal and long-term satisfaction.

What is the future supply pipeline for HDB developments in this district, and how might it affect property values?

The Housing and Development Board's Build-to-Order (BTO) programme continues releasing new units across various districts, including ongoing launches in Tengah, Kallang, and other growth areas. However, District 10's mature status means incremental supply focuses on in-fill redevelopment and selective upgrades rather than large-scale new launches, limiting oversupply risk to established developments like 13 Toh Yi Drive. Broader HDB supply increases in outer-ring districts may gradually shift buyer migration patterns, though proximity to MRT and established amenities should sustain relative demand. Property values at 13 Toh Yi Drive remain more exposed to macroeconomic interest rate cycles and intra-district competition than distant new-launch supply, suggesting resilience provided broader market conditions remain stable.

Hdb Flat At Toh Yi Drive — From S$600