Type

Units

Min Area

Price Range

4 BR

1367 sqft

S$729K – S$749K

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$729K to S$749K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$146K on this acquisition.
Located 11 min (920 m) from CP2 Elias MRT Station (U/C).

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.

748 Pasir Ris Street 71: Established HDB Living in a Maturing Estate

748 Pasir Ris Street 71 represents a well-established public housing enclave in the Pasir Ris precinct, one of Singapore's mature residential districts characterised by reliable infrastructure and stable community demographics. This HDB development offers a range of multi-bedroom units designed to accommodate growing families and homeowners seeking spacious layouts at competitive price points within the North-East Region market. The project embodies the enduring appeal of public housing stock in Singapore, where quality construction, long-term value retention, and proximity to essential services remain key attractions for both owner-occupiers and investment-minded purchasers.

The geographical positioning of 748 Pasir Ris Street 71 places the development within walking distance of Elias MRT Station, which is currently under construction as part of Singapore's ongoing rapid transit expansion. Once operational, this station will significantly enhance connectivity for residents, reducing travel times to the city centre, employment hubs, and educational institutions across the island. The impending completion of Elias MRT is a material consideration for long-term capital appreciation, as proximity to newly operational stations has historically driven demand for residential properties in their surrounding areas. At present, the development benefits from road access to major transport corridors and feeder bus services that connect to established MRT interchanges.

Housing Configuration and Space Standards

Units at 748 Pasir Ris Street 71 feature spacious floor plates, with configurations extending to four-bedroom units spanning approximately 1,367 square feet. This generous internal space allocation reflects the HDB design philosophy of maximising usable living area and accommodating extended family structures—a particularly attractive characteristic for multigenerational households and upgraders trading up from smaller flats. The layout typically incorporates separate wet and dry zones, multiple bathrooms, and open-plan living areas that facilitate both private family life and entertaining. Such spatial generosity differentiates public housing stock from the more compact typologies prevalent in newer private residential developments, offering genuine value to families prioritising room and functionality over premium finishes.

Pricing, Market Position, and Investment Outlook

Current asking prices for units at 748 Pasir Ris Street 71 commence from S$728,888, positioning the development competitively within the secondary HDB market and below new Build-To-Order (BTO) allocations in comparable locations. The per-square-foot pricing reflects the established nature of the development and its mature estate positioning, offering experienced buyers confidence in historical transaction patterns and rental demand within the precinct. For investors considering purchase as a rental asset, the development presents rental yields underpinned by consistent tenant demand from young professionals, families, and expatriate communities attracted to Pasir Ris's combination of accessibility and amenities. The HDB secondary market has historically demonstrated resilience to broader economic cycles, supported by the mandatory Central Provident Fund (CPF) financing mechanism and Singapore's constrained housing supply relative to household formation rates.

Lease Tenure and Long-Term Capital Preservation

HDB flats at 748 Pasir Ris Street 71 are held on a leasehold basis—typically 99 years from the original grant date. Whilst lease decay becomes a relevant consideration as flats age beyond the 60-year mark, the development's established provenance and proximity to planned MRT expansion suggest sustained demand that could support premiums even as lease tenure gradually contracts. Property purchasers should conduct formal tenure calculations through HDB or legal advisors to assess lease decay impact on their specific investment horizon. The government's Home Improvement Programme (HIP) and potential future upgrade initiatives further underpin asset value, as such interventions signal public commitment to maintaining neighbourhood quality and accessibility standards.

Buyer Suitability and Financing Considerations

748 Pasir Ris Street 71 appeals to multiple buyer cohorts, including first-time homebuyers utilising their CPF savings to access ownership, upgraders seeking larger layouts without the premium associated with private residential properties, and institutional investors evaluating HDB secondary market opportunities. For second-property purchasers—whether Singaporean citizens or permanent residents—the Additional Buyer's Stamp Duty (ABSD) framework applies, with Singaporean citizens incurring 20% ABSD on the purchase price of a second residential property. This substantially increases acquisition costs and should factor prominently into financial modelling for investor-purchasers. Most buyers will qualify for CPF financing linked to their individual and spouse's accumulated savings, subject to monthly debt service ratio (TDSR) caps that typically allow 30-35% of household income to service all debts including the HDB mortgage.

Neighbourhood and Connectivity Ecosystem

The Pasir Ris estate encompasses extensive retail, dining, and recreational facilities centred around Pasir Ris Town Centre, located within convenient proximity to 748 Pasir Ris Street 71. Residents benefit from access to hawker centres offering affordable dining options, supermarket chains, clinics, and educational establishments ranging from preschools to secondary schools. The planned Elias MRT Station will further elevate accessibility to regional employment nodes, particularly in the Marina Bay, Jurong East, and Changi precincts, benefiting working-age household members and contributing to resale demand sustainability. The neighbourhood's mature infrastructure—including parks, community centres, and leisure facilities—creates a self-contained living ecosystem that supports long-term resident satisfaction and property values.

Comparative Market Context

The HDB secondary market in Pasir Ris and adjacent precincts comprises both older generation flats and units from more recent en-bloc sales or rejuvenated buildings. 748 Pasir Ris Street 71's pricing sits within the mid-range for four-bedroom configurations in this locale, offering better value than newer private apartments whilst commanding modest premiums over older neighbouring HDB blocks. Prospective purchasers should benchmark current asking prices against recent arm's-length transactions in the same development and comparable blocks within Pasir Ris to establish fair market positioning and negotiation parameters. The absence of major new BTO launches in immediate proximity supports existing secondary market stock valuations by limiting substitution options for families seeking this specific combination of size, location, and price point.

Forward-Looking Considerations

The imminent opening of Elias MRT represents a transformational catalyst for the Pasir Ris precinct, potentially reshaping transportation patterns and attracting new resident cohorts seeking enhanced connectivity from an established, affordable estate. Early evidence from other MRT expansions suggests that properties within 500–800 metres of newly operational stations experience demand uplift and capital appreciation acceleration in the 2–3 years following station opening. For purchasers with a medium to long-term holding horizon, 748 Pasir Ris Street 71 positions them advantageously to benefit from this planned infrastructure transition. Conversely, near-term market dynamics may fluctuate as market sentiment oscillates around construction completion timelines and actual operational performance of the new station.

Frequently Asked Questions

What rental yield can investors realistically expect from a four-bedroom unit at 748 Pasir Ris Street 71?

Rental yields for four-bedroom HDB flats in Pasir Ris typically range between 3–4.5% gross annual return, depending on precise unit specification, floor level, and prevailing market conditions. At the current asking price region, a unit renting for approximately S$2,800–3,200 per month would generate yields toward the mid-point of this range, with adjustments for agent commissions, property maintenance, and potential vacancy periods. HDB secondary market rentals in Pasir Ris remain resilient due to consistent demand from families and expatriates seeking affordable, spacious accommodation; however, yields can compress during periods of economic slowdown or heightened supply from competing blocks. Investors should model cashflows conservatively and account for rising maintenance fees and potential future property tax adjustments when evaluating long-term investment returns.

How does per-square-foot pricing at 748 Pasir Ris Street 71 compare to recent secondary market transactions in Pasir Ris?

Current asking prices at approximately S$533 per square foot (based on the S$728,888 four-bedroom unit at ~1,367 sqft) sit competitively within the Pasir Ris secondary HDB market, typically aligning with transactions from comparable blocks completed within the last 12–24 months. Recent Pasir Ris HDB flats of similar vintage and layout have traded in the S$500–560 psf range, meaning 748 Pasir Ris Street 71 reflects neither premium nor discount positioning relative to immediate peers. Purchasers should obtain HDB transaction data from the Urban Redevelopment Authority (URA) or real estate portals to cross-reference recent unit sales in the immediate vicinity and verify that asking prices reflect current arm's-length benchmarks. Floor level, unit orientation, and potential upgrade history will create variance between individual units; however, the development's overall pricing trajectory remains stable relative to macro market conditions in the North-East Region.

What is the Additional Buyer's Stamp Duty (ABSD) impact for a Singapore Citizen purchasing a second residential property at 748 Pasir Ris Street 71?

A Singapore Citizen acquiring a second residential property is subject to Additional Buyer's Stamp Duty at 20% of the purchase price, applied on top of standard buyer's stamp duty. For a property priced at S$728,888, ABSD would total approximately S$145,778, substantially elevating the total acquisition cost beyond the base purchase price. This duty is payable within 30 days of the instrument of transfer and cannot be financed through the CPF or standard mortgage, requiring liquid cash reserves or secured loan facilities. Permanent residents face a 25% ABSD rate, whilst foreign buyers incur 30%, making Singapore citizens' second-property purchases significantly more favourable from a duty perspective. Purchasers should carefully budget for ABSD implications and consider whether the anticipated rental income or capital appreciation justifies the substantial upfront cost burden before committing to acquisition.

What is the lease tenure of units at 748 Pasir Ris Street 71, and how will lease decay affect future resale values?

748 Pasir Ris Street 71 units are held on a 99-year leasehold tenure from their original HDB grant date; buyers should verify the exact commencement date through HDB or conveyancing searches to calculate remaining lease duration. As HDB flats approach the 60-year threshold, lease decay becomes material, with resale values and rental appeal typically declining as residual tenure contracts below 50 years. However, the government's Lease Buyback Scheme and potential future HDB rejuvenation initiatives provide mechanisms to extend tenure or unlock collective asset value through en-bloc upgrading or redevelopment. For purchasers with a 20–30 year investment horizon, lease decay poses manageable risk; however, those approaching retirement may find late-stage lease expiry problematic for inheritance or long-term wealth preservation. Current market sentiment supports 748 Pasir Ris Street 71 valuations based on expectations of continued government support for ageing HDB stock, but prospective owners should factor lease trajectory into their investment thesis and exit planning.

How will the opening of Elias MRT Station impact property values and long-term demand for 748 Pasir Ris Street 71?

Elias MRT Station, currently under construction, will provide direct rapid transit connectivity from Pasir Ris to the city centre and eastern employment nodes, substantially enhancing accessibility for residents and likely driving capital appreciation in the surrounding catchment. Historical precedent from prior MRT expansions—including the North-South Line extension and Circle Line stations—demonstrates that residential properties within 800 metres of newly operational stations frequently experience 5–15% capital appreciation in the two to three years following opening, driven by improved commute economics and attract attracting new tenant and buyer interest. For 748 Pasir Ris Street 71, Elias MRT will reduce travel times to Changi Airport, Marina Bay, and CBD employment clusters, expanding the addressable market of potential renters and purchasers beyond current Pasir Ris residents. Near-term market sentiment may remain muted pending actual station opening and operational performance; however, the medium to long-term demand outlook appears supportive of value accumulation for existing stock in the precinct, provided construction timelines remain on schedule.

Is 748 Pasir Ris Street 71 suitable for first-time HDB buyers, upgraders, and investor-purchasers, or does it cater primarily to one demographic?

748 Pasir Ris Street 71 appeals to multiple buyer profiles: first-time homebuyers can leverage CPF savings and HDB mortgage financing to achieve ownership at an accessible price point with spacious layout; upgraders trading from two or three-bedroom flats benefit from the four-bedroom configuration and established estate amenities without premium private residential pricing; institutional and individual investors appreciate consistent rental demand and HDB secondary market resilience. The development's mature positioning and proximity to planned MRT infrastructure make it particularly attractive to families prioritising space and connectivity over prestige branding, and to investors seeking stable dividend-yielding assets. First-timers should confirm CPF eligibility and debt servicing capacity before committing; upgraders should assess whether the leap in price justifies the additional space relative to alternative developments; investors must model ABSD implications and rental yields against their required return thresholds. Across all buyer cohorts, the development represents fair value relative to competing HDB secondary market opportunities in the North-East Region.

What TDSR and financing headroom should buyers expect when securing an HDB mortgage for a property at 748 Pasir Ris Street 71's price point?

HDB mortgage lending is governed by Total Debt Service Ratio (TDSR) caps, typically limiting monthly debt servicing (including the HDB mortgage plus all other liabilities) to 30% of gross household income for CPF financing or up to 35% for non-CPF loans. For a property priced around S$728,888 with an estimated mortgage of S$583,110 (80% LTV at current rates), monthly instalments would approximate S$2,500–2,800 depending on loan tenure and prevailing interest rates. A household requiring approximately S$83,000–94,000 gross annual income to comfortably service this debt whilst remaining within TDSR parameters; many young professional couples and upgrading families comfortably exceed this threshold, whilst single-income households may face tighter constraints. Buyers should obtain HDB mortgage pre-qualification statements from their CPF savings provider or lender before making offers, as TDSR calculations directly impact borrowing capacity and purchasing power. Properties at this price point remain highly accessible to dual-income households earning above the median family income in Singapore, reducing financing risk for most qualifying purchasers.

How does 748 Pasir Ris Street 71 compare in terms of value and amenities to competing HDB developments in Pasir Ris and adjacent precincts?

748 Pasir Ris Street 71 competes with other mature HDB blocks in Pasir Ris and neighbouring Tampines, with comparable developments offering similar vintage, layout configurations, and price positioning in the S$650,000–S$800,000 range for four-bedroom units. Key differentiators include proximity to established town centre amenities, access to existing bus and feeder networks, and relative positioning vis-à-vis Elias MRT; blocks located within 500 metres of the station may command modest premiums relative to those further afield. Newer BTO developments in adjacent areas may offer better finishes and modern specifications, but typically at 20–30% price premiums and with significantly longer waiting periods; 748 Pasir Ris Street 71 provides immediate availability and established community infrastructure. Purchasing decisions should weigh the maturity discount represented by 748 Pasir Ris Street 71 against marginal finishes upgrades and longer timeframes associated with newer supply, with most upgraders and investors finding the secondary market proposition compelling based on immediate occupancy and established tenant demand.

Are certain unit stacks, floors, or orientations at 748 Pasir Ris Street 71 likely to offer superior value or more attractive investment positioning?

Mid-floor units (typically floors three to seven in five or six-storey HDB blocks) command slight premiums over ground and top floors due to balanced access, security perception, and reduced flood risk, whilst still avoiding the potential noise and air-conditioning load implications of ground-level units. Units with east or west facing orientations typically appreciate slightly faster than north-facing flats due to perceived natural light appeal and rental demand from tenants seeking morning or afternoon sunlight; however, cooling costs may marginally increase in tropical climates. Higher floor units appeal to purchasers valuing reduced external noise and privacy, often justifying small premium multiples; conversely, lower floors may appeal to elderly residents and families with young children requiring stair-free access. For investment purposes, mid-floor units facing east to south-east tend to offer optimal balance between tenant appeal and capital appreciation probability; however, the magnitude of these variance is modest (typically 2–5%) and should not dominate purchase decisions relative to broader macro considerations around MRT proximity and overall location fundamentals. Specific unit selection requires site inspection and comparison of comparable recent transactions.

What is the likelihood of substantial new HDB supply entering the Pasir Ris market in the next five years, and how might this affect property values at 748 Pasir Ris Street 71?

HDB has not announced major new BTO launches explicitly designated for Pasir Ris core precincts in the immediate planning pipeline; however, ongoing town centre rejuvenation initiatives and potential future en-bloc upgrading of ageing blocks within Pasir Ris could introduce new supply through collective redevelopment. The overall HDB supply growth trajectory remains calibrated to household formation rates and public housing demand, with emphasis on infill sites within existing towns rather than greenfield expansion; this constrained supply dynamic structurally supports existing secondary market valuations. Substantial new supply could compress secondary market pricing if purchasers perceive BTO alternatives as significantly more attractive on finishes or pricing grounds; however, the immediate occupancy advantage of 748 Pasir Ris Street 71 and its established community fabric provide inherent resilience against BTO displacement. Medium-term (5–10 year) outlook for Pasir Ris secondary market stock remains supportive, particularly given Elias MRT infrastructure uplift and government commitment to maintain ageing HDB stock through rejuvenation and maintenance initiatives. Purchasers should monitor HDB press releases and URA masterplan updates for any material supply pipeline announcements affecting the Pasir Ris precinct.

Hdb Flat At 748 Pasir Ris Street 71 — From S$729K