Type

Units

Min Area

Price Range

Other

120 sqft

S$1,100/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,100.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$220 on this acquisition.
Located 11 min (950 m) from CP1 Pasir Ris 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.

558 Pasir Ris Street 51: HDB Living in a Mature Residential Hub

Located in the heart of Pasir Ris, 558 Pasir Ris Street 51 represents a well-established HDB block within one of Singapore's most vibrant residential districts. This property enjoys the advantages of a mature housing estate, combining accessibility with a comprehensive range of everyday amenities and services that appeal to both owner-occupiers and investors seeking rental yields in a stable market.

Pasir Ris has evolved into a thriving residential neighbourhood characterised by strong community cohesion and efficient urban planning. The block sits within reach of key commercial and recreational nodes, positioning it as an attractive proposition for households of varying profiles and life stages. The maturity of this estate means that infrastructure, transport links, and services are already deeply embedded, eliminating the uncertainties often associated with newer or developing areas.

Transport Connectivity and Location Advantages

The development benefits from proximity to Pasir Ris MRT Station, situated approximately 950 metres away—a walk of around 11 minutes. This accessibility to the Circle Line (CP1) represents a significant advantage for daily commuters and long-term residents alike, offering direct connections to the city centre and other major employment hubs. The station's role as a major transport interchange amplifies the block's appeal, as passengers can seamlessly transition between MRT services and an extensive bus network that serves both the immediate district and more distant areas across Singapore.

Beyond the MRT, the locality is serviced by multiple bus routes that facilitate movement within Pasir Ris and to neighbouring regions. This layered transport infrastructure reduces reliance on private vehicles and enhances the lifestyle convenience for residents who prioritise connectivity and mobility.

Community and Local Amenities

Pasir Ris town centre offers a diverse ecosystem of shopping, dining, and leisure facilities. Residents of 558 Pasir Ris Street 51 enjoy proximity to supermarkets, hawker centres, restaurants, and entertainment venues without the need to venture far from their homes. The estate also features recreational facilities such as community centres, sports clubs, and green spaces, fostering an environment where residents can engage in leisure activities and build social networks within the neighbourhood.

The presence of educational institutions, healthcare facilities, and childcare centres reinforces Pasir Ris as a family-friendly destination. These services are not merely clustered in one location but distributed throughout the estate, ensuring that households at various stages of life can access essential services with reasonable convenience.

Investment Perspective and Rental Market Dynamics

For investors, HDB blocks in mature estates like Pasir Ris continue to demonstrate resilience as rental assets. The demand for HDB rentals remains strong, particularly among working professionals, young families, and expatriate communities seeking affordable yet comfortable accommodation. The rental yield profile for units in this block is supported by the area's reputation, transport connectivity, and stable tenant base.

The pricing structure for units within this development is calibrated to reflect both the maturity of the estate and the inherent value of the Pasir Ris location. Prospective investors should consider the rental rates available in this market segment and compare them against acquisition costs to establish realistic yield expectations. The block's positioning within a well-serviced precinct with proven tenant demand suggests that capital appreciation and rental stability remain achievable objectives over medium to long-term holding periods.

Demographic and Buyer Profile Considerations

First-time buyers seeking an entry point into HDB ownership may find this block compelling, as it offers established neighbourhood characteristics and predictable appreciation potential at more modest price points than newer or central-location properties. Upgraders moving from other HDB blocks or from private housing can assess whether the location, transport access, and community environment align with their lifestyle and family needs.

Owner-occupiers who prioritise proximity to workplaces served by the Circle Line or who prefer the social fabric of a mature estate will appreciate the predictability and convenience that 558 Pasir Ris Street 51 delivers. For retirees or empty-nesters seeking downsizing opportunities, the established amenity base and walkability of the Pasir Ris neighbourhood provide compelling reasons to consider relocation to or within this block.

Financing and Affordability

HDB properties in Pasir Ris remain within reach of borrowers across various income brackets, particularly those utilising Central Provident Fund (CPF) savings. The combination of competitive pricing and the availability of HDB loans or bank mortgages with flexible terms makes this development accessible to households that might find private residential property beyond their financial scope. Buyers should engage with their banks early to understand loan quantum, tenure implications, and Total Debt Servicing Ratio (TDSR) constraints applicable to their individual circumstances.

Market Position and Comparative Context

Within the Pasir Ris HDB landscape, this block occupies a competitive niche. Nearby developments and older estate blocks provide alternative options for buyers and tenants, meaning that pricing and positioning must remain aligned with market expectations and comparable transaction evidence. The block's distance from the MRT station and its standing within the town centre ecosystem influence its relative value proposition compared to blocks situated closer to transport interchanges or major commercial clusters.

Property seekers are advised to view units within this development in the context of broader Pasir Ris market activity, recent psf transaction data for comparable blocks, and the rental yield landscape in the district. This contextual analysis helps inform whether the development offers genuine value or whether competing options elsewhere in the estate present superior risk-reward profiles.

Long-Term Investment Outlook

The Pasir Ris precinct continues to benefit from government investment in estate renewal, transport enhancement, and community infrastructure. These long-term strategic initiatives support the desirability and resilience of HDB properties in this location. As Singapore's population evolves and transport networks are refined, estates like Pasir Ris that balance accessibility, amenity provision, and community character are likely to remain attractive to diverse household profiles.

Investors and owner-occupiers considering 558 Pasir Ris Street 51 should factor in these longer-term trends when evaluating their acquisition or rental decision. The block's position within a mature, well-invested estate suggests that sustained demand and stable property values are realistic expectations, provided that buyers and investors conduct thorough due diligence and align their expectations with realistic market conditions.

Frequently Asked Questions

What rental yield should I expect if I purchase a unit at 558 Pasir Ris Street 51 as an investment?

Rental yields for HDB blocks in Pasir Ris typically range between 3% and 5% annually, depending on unit configuration, exact floor level, and prevailing market rental rates at the time of purchase. The block's proximity to Pasir Ris MRT Station and its location within a mature estate with strong community infrastructure support consistent tenant demand, which is a key driver of rental yield stability. To calculate your specific yield, you should compare the current acquisition price of units available in this block against the achievable monthly rental rates for similar configurations in the Pasir Ris market, factoring in ongoing property tax, maintenance contributions, and any service charges applicable to HDB housing.

How does the price per square foot at 558 Pasir Ris Street 51 compare to recent HDB transactions in Pasir Ris?

HDB blocks in Pasir Ris have typically transacted at psf rates reflecting the estate's maturity, transport connectivity, and age profile. While older blocks may command lower psf rates than newer developments, their position within an established neighbourhood with proven amenities often justifies pricing that exceeds more remote or underdeveloped locations. You should obtain recent transaction data from the land authority for comparable HDB blocks within the same town centre precinct to establish whether units at this address align with prevailing market rates or represent relative value. Blocks closer to the MRT station or with more recent upgrading typically achieve higher psf valuations compared to those further away.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I purchase 558 Pasir Ris Street 51 as a second residential property?

If you are a Singapore Citizen purchasing this property as a second residential property, you will be liable for ABSD at the rate of 20% on the purchase price, in addition to standard Stamp Duty and other closing costs. This 20% ABSD represents a significant cash outlay that must be factored into your total acquisition cost and investment return calculations. For example, on a property purchase price of S$400,000, ABSD would add approximately S$80,000 to your closing costs. Before proceeding with acquisition, buyers should confirm their residential property ownership status, engage a conveyancer to clarify their ABSD obligations, and ensure that their overall financing and liquidity profile can accommodate this material additional expense.

What is the lease tenure of units at 558 Pasir Ris Street 51, and how does lease decay affect future resale value?

HDB flats are typically held on a 99-year leasehold tenure, with the lease period counting down from the date of original construction or lease grant. As this is an established block within a mature estate, many units will have already experienced some lease decay, meaning the remaining lease tenure is less than the original 99 years. Lease decay does impact resale value and financing availability—as a lease approaches its final decades, banks may reduce loan quantum, and buyer pools may narrow, potentially exerting downward pressure on capital value. You should verify the exact date of original lease commencement for the specific unit you are considering and calculate the remaining tenure, then assess whether resale prospects and financing flexibility remain acceptable given the lease profile. Engaging a property agent or conveyancer experienced in HDB transactions will help you understand the precise lease position and its implications for your investment timeline.

How does proximity to Pasir Ris MRT Station influence demand and capital appreciation for units at this block?

The 11-minute walk to Pasir Ris MRT Station (approximately 950 metres) positions this block within the primary demand zone for the station, enhancing its appeal to daily commuters and long-term residents who prioritise transport connectivity. MRT-proximate HDB blocks have historically demonstrated stronger capital appreciation and tenant demand compared to those situated further from major transport nodes, as the convenience factor attracts broader buyer and renter pools. The Circle Line connectivity also means that commutes to major employment centres and commercial districts are achievable within reasonable timeframes, reinforcing the economic value of the location. As transport infrastructure and connectivity are typically among the strongest drivers of property value growth in Singapore's HDB market, the block's positioning relative to Pasir Ris MRT Station represents a durable advantage that should support medium to long-term value retention and appreciation potential.

Is 558 Pasir Ris Street 51 suitable for first-time HDB buyers, upgraders, or investors—and what are the key considerations for each profile?

First-time buyers may find this block attractive as an entry point to HDB ownership, given its established neighbourhood character, predictable amenity base, and competitive pricing relative to newer or more central locations; however, they should ensure their income and CPF balances align with HDB financing requirements and that their long-term housing plans support a purchase in a mature estate rather than a newer development. Upgraders transitioning from other HDB blocks or from private housing can leverage their existing equity and CPF savings for a more substantial purchase; they should carefully assess whether the Pasir Ris location aligns with their workplace commute, family schooling requirements, and lifestyle preferences. Investors seeking rental yield may find the block compelling given its transport links and stable tenant base, but they must conduct rigorous yield analysis, compare against competing HDB investments elsewhere in the estate or district, and ensure their financing structure and tax position optimise after-tax returns. Each profile should engage professional advisers (conveyancers, mortgage brokers, tax specialists) to tailor their acquisition approach to their specific circumstances and investment objectives.

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

Total Debt Servicing Ratio (TDSR) limits, typically capped at 60% of gross monthly income, will constrain the quantum you can borrow from banks for HDB purchase. At typical Pasir Ris HDB price points (for example, S$350,000 to S$500,000 depending on unit configuration), most buyers will need household incomes exceeding S$6,000 to S$8,000 monthly to qualify for full loan approval, particularly if they carry other outstanding debts. HDB loans tend to be more lenient on TDSR assessment than bank mortgages, so utilising an HDB loan (if eligible) may provide greater financing headroom than relying solely on bank mortgages. You should obtain a formal loan approval letter from your prospective lender before committing to a purchase, as this will clarify the precise quantum available to you and any TDSR constraints that may limit your borrowing. Early engagement with a mortgage broker or bank relationship manager will help you understand your financing capacity and structure the transaction to optimise your borrowing position.

How does 558 Pasir Ris Street 51 compare in pricing and positioning to nearby competing HDB blocks in Pasir Ris?

Pasir Ris comprises multiple HDB blocks spanning different ages, upgrading profiles, and distances from key amenities and transport nodes. Blocks closer to the town centre or to Pasir Ris MRT Station typically command premium pricing compared to those on the estate's periphery, whilst blocks that have undergone recent upgrading (such as Common corridor or facade refurbishment) may achieve higher psf rates than older blocks pending such works. 558 Pasir Ris Street 51's position and pricing should be benchmarked against comparable blocks within the same immediate vicinity—typically within 300-500 metres—to determine relative value. You should inspect several competing blocks, obtain recent transaction data for each, and seek advice from agents familiar with Pasir Ris market dynamics to assess whether this development represents genuine value or whether neighbouring alternatives offer superior floor plans, finishes, or capital appreciation potential.

Which unit stack or floor level offers the best balance of value and liveability at this block?

Lower floor units (typically 1st to 3rd levels) may be priced marginally lower than higher levels, but they can experience greater noise from street-level activity, reduced natural light in some configurations, and potentially higher humidity exposure. Mid-range levels (4th to 10th floors, depending on block height) often represent an optimal balance, offering improved quietness and views compared to lower levels whilst avoiding the premium typically attached to higher floors; these units frequently attract owner-occupiers seeking practical living environments rather than status-driven floor selection. Higher floor units command premium pricing and may offer superior views and breeze circulation, but the price differential may not justify the acquisition cost premium if your primary objective is investment yield rather than lifestyle enhancement. For HDB blocks in Pasir Ris, market evidence suggests that mid-stack units between the 5th and 10th levels tend to achieve the strongest combination of value, tenant appeal, and resale velocity—strike a balance between affordability and desirability based on your specific investment or occupancy profile.

What future supply pipeline is anticipated in the Pasir Ris district, and could new developments affect long-term capital appreciation?

Pasir Ris, as a mature estate with limited remaining land parcels available for major new HDB or residential development, faces constrained supply growth compared to newer towns like Punggol or Sengkang. Government land use plans indicate that Pasir Ris will likely remain focused on in-situ estate rejuvenation and selective upgrading rather than large-scale new housing launches, which should limit competitive pressure on existing block valuations from new supply. However, nearby areas including the Sengkang-Punggol corridor and potential waterfront redevelopment initiatives (such as those affecting Pasir Ris coastal precinct) could indirectly influence buyer preferences and capital flows. Over the long term, the constrained supply outlook for new HDB stock in Pasir Ris suggests that existing blocks should retain resilience as competing alternatives become increasingly scarce. Buyers and investors should remain aware of broader town planning initiatives and future transport links (such as potential new MRT extensions or North-South Corridor enhancements) that could shift desirability patterns within the district or between Pasir Ris and emerging residential nodes elsewhere on the island.

Hdb Flat At 558 Pasir Ris Street 51 — From S$1,100