Type

Units

Min Area

Price Range

4 BR

1367 sqft

S$738K – S$750K

Property Highlights

HDB development with 3 units currently available.
Prices currently range from S$738K to S$750K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$148K on this acquisition.
Located 10 min (840 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.

745 Pasir Ris Street 71: HDB Living in a Maturing Estate with Emerging Connectivity

745 Pasir Ris Street 71 represents a well-established Housing and Development Board development in the Pasir Ris precinct, a neighbourhood that has matured significantly over the past two decades. This HDB project offers a range of flat configurations designed to accommodate diverse household structures, from young couples to larger families seeking spacious multi-bedroom units. The development sits within a residential landscape that balances established community infrastructure with anticipated improvements in transport accessibility.

The location commands particular attention due to its proximity to Elias MRT Station, a major infrastructure project currently under construction. Situated approximately 840 metres or roughly 10 minutes' walk from the station entrance, the development stands to benefit substantially once the station becomes operational. This emerging connectivity represents a significant value driver for current and future residents, as MRT accessibility traditionally correlates with stronger capital appreciation and enhanced rental yields for investment-minded purchasers.

Housing Configuration and Space Specifications

Units within this development span multiple bedroom configurations, with four-bedroom variants offering approximately 1,367 square feet of internal floor space. This floor plate size provides generous proportions typical of HDB flats designed for family living, accommodating home offices, multiple living zones, and adequately sized bedrooms. The two-bathroom layout reflects modern standards for family flats, reducing potential bottlenecks during morning routines and enhancing daily convenience. Smaller unit types are also present within the project, catering to first-time buyers, young couples, and downsizers seeking lower quantum investments.

Pricing and Market Positioning

Current asking prices commence from S$738,000, positioning the development competitively within the broader Pasir Ris HDB market. This pricing reflects both the maturity of the estate and the anticipated value uplift from Elias MRT Station's completion. For buyers evaluating their purchasing power, this price point typically translates into manageable mortgage structures under standard Total Debt Service Ratio (TDSR) frameworks, particularly for dual-income households or those with accumulated CPF balances. The per-square-foot valuation aligns with recent comparable transactions in the Pasir Ris vicinity, though direct transactions vary based on unit mix, floor level, and orientation.

MRT Connectivity and Future Value Drivers

The construction of Elias MRT Station represents the most material near-term factor influencing this development's appeal and resale trajectory. HDB estates positioned within walking distance of new MRT nodes historically experience measurable capital appreciation in the 18 to 36 months following station opening, as buyer and tenant demand expands beyond the immediate precinct. The 840-metre distance places 745 Pasir Ris Street 71 firmly within the high-impact zone, making it attractive to commuters, investors calculating rental yields, and owner-occupiers prioritising transport convenience. Once operational, Elias MRT will integrate Pasir Ris into a more seamless island-wide transport network, enhancing employment accessibility and lifestyle flexibility.

Suitability Across Buyer Profiles

For first-time homebuyers, this development offers an approachable entry point into property ownership without excessive financial strain, supported by HDB concessional financing schemes and CPF withdrawal eligibility. Upgrading households—typically young families outgrowing two or three-bedroom units—find the spacious four-bedroom configurations and established estate maturity compelling. From an investor perspective, the combination of emerging MRT connectivity, established demand pool, and positioned pricing creates a reasonable risk-reward proposition for rental-yield-focused acquisitions. High-net-worth purchasers may view this as a diversification holding or a strategic stepping stone before pivoting to private residential segments, though this remains a niche use case within the HDB market.

Financing Considerations and ABSD Implications

Most prospective buyers will fund their purchase through HDB loans, which currently carry concessional interest rates and extended tenure structures compared to bank mortgages. For those considering this as a second residential property—for instance, a parent purchasing separately for adult children—Additional Buyer's Stamp Duty at the rate of 20% on the purchase price applies, significantly elevating acquisition costs. A buyer purchasing a second residential property at the S$738,000 entry price point would incur approximately S$147,600 in ABSD, substantially impacting total outlay and requiring careful financial planning. Conversely, this is the buyer's first residential property, standard buyer's stamp duty and fees apply at considerably lower rates, enhancing affordability.

Lease Tenure and Long-Term Value Considerations

All HDB flats carry either a 99-year or 999-year lease from the date of construction. The vast majority of HDB developments, including those constructed from the 1990s onwards, feature 99-year tenures. Over time, lease decay—the gradual reduction in remaining lease duration—can suppress resale values, particularly as the lease approaches the 60-year mark and below. Prospective buyers should ascertain the exact lease commencement date and remaining duration for 745 Pasir Ris Street 71, as this directly influences long-term holding value and refinancing eligibility. HDB's lease buyback scheme offers limited mitigation for aging leases, though eligibility criteria are stringent and scheme terms continue to evolve.

Estate Maturity and Community Amenities

Pasir Ris as a neighbourhood has evolved into a well-serviced mature estate, featuring diverse retail and dining options across multiple shopping centres, medical facilities, educational institutions spanning primary through tertiary levels, and diverse recreational spaces. Parks, cycling paths, and community gardens reflect the estate's planning philosophy centring on livability and active ageing. For families, the proximity to schools across all levels reduces commuting friction and supports property value stability. The social fabric and infrastructure maturity of Pasir Ris provide reassurance regarding long-term desirability and sustained demand, minimising the risk of estate decline that occasionally affects lower-demand precincts.

745 Pasir Ris Street 71 presents a pragmatic choice for owner-occupiers prioritising space, affordability, and transport accessibility within a thriving residential neighbourhood. The anticipated completion of Elias MRT Station introduces a compelling value catalyst, particularly for buyers able to view their investment through a medium-term lens. Whether motivated by owner-occupancy, family upgrading, or modest investment returns, the development merits serious consideration within the wider HDB flat landscape.

Frequently Asked Questions

What rental yield might I expect if I purchase a unit at 745 Pasir Ris Street 71 as an investment?

Rental yields for HDB flats in Pasir Ris typically range between 2.5% and 3.5% gross annual returns, depending on unit type, floor level, and exact orientation. At the entry price of S$738,000 for a four-bedroom unit, a realistic monthly rent of approximately S$2,000 to S$2,200 translates into a gross yield near the lower end of that range. Post-Elias MRT completion, demand for rental units in this precinct is expected to strengthen, potentially improving both rental rates and occupancy reliability. However, investors must factor in ongoing property tax, maintenance contributions, and potential renovation costs, which collectively erode net yield by 0.3% to 0.5% annually.

How does the S$738,000 pricing compare to recent per-square-foot transactions in Pasir Ris?

Recent comparable transactions in Pasir Ris for four-bedroom HDB flats typically trade between S$500 and S$550 per square foot, translating to a per-sqft rate of approximately S$540 for the 1,367 sqft unit at S$738,000. This positions 745 Pasir Ris Street 71 within the mid-to-upper range of recent Pasir Ris pricing, reflecting both the estate's maturity and anticipation surrounding Elias MRT completion. Smaller unit types within the same development may trade at marginally lower per-sqft rates, whilst premium floor levels command per-sqft premiums of 5% to 10%. Transaction data suggests pricing has been relatively stable over the past 18 months, with modest upward pressure emerging as MRT construction advances.

What is the Additional Buyer's Stamp Duty impact if I'm buying this as my second residential property?

For Singapore Citizens purchasing a second residential property, Additional Buyer's Stamp Duty is levied at 20% on the purchase price. On a S$738,000 purchase, this amounts to S$147,600, a material additional cost beyond the standard buyer's stamp duty, legal fees, and survey costs. This 20% ABSD significantly elevates total acquisition costs and reduces effective purchasing power, requiring careful financial planning and potentially forcing buyers to target lower-priced units or postpone acquisition until accumulated savings increase. Some buyers mitigate ABSD through spousal ownership structures or timing strategies relative to property disposal, though such approaches require professional advice and carry their own complexities.

What lease decay risk should I be aware of, and how does it affect resale value?

The vast majority of HDB flats, including those within Pasir Ris, carry 99-year leases from construction date. The specific commencement date and remaining duration for 745 Pasir Ris Street 71 must be verified, as this directly influences future resale value and bank lending eligibility. Lease decay becomes material once a flat drops below 60 years remaining, at which point valuation typically begins to soften and refinancing becomes restrictive. Historical data indicates that flats with 40-50 years remaining lease may experience valuation haircuts of 5% to 15% relative to equivalent flats with 70+ years, depending on broader market conditions. HDB's lease buyback scheme offers partial mitigation, though eligibility criteria are restrictive and proceeds remain modest relative to the original purchase price.

How will Elias MRT Station's opening impact demand and capital appreciation for this development?

New MRT stations historically catalyse material capital appreciation within the 800-1,000 metre radius, with HDB flats typically experiencing 8% to 15% value uplift in the 18-36 months following station opening. The 840-metre distance of 745 Pasir Ris Street 71 from Elias MRT positions it optimally within this appreciation zone, making it attractive to both owner-occupiers seeking transport convenience and investors timing acquisitions before the station opens. Rental demand typically strengthens even more pronounced, as tenants prioritise MRT proximity above nearly all other factors. Beyond short-term appreciation, the station will anchor Pasir Ris within a more integrated transport ecosystem, supporting sustained long-term desirability and reducing cyclical downside risk.

Is this development suitable for first-time homebuyers, upgraders, or investors—or all three profiles?

745 Pasir Ris Street 71 appeals effectively to all three profiles, though for distinct reasons. First-time buyers benefit from concessional HDB financing, mature estate amenities, and manageable entry pricing that avoids excessive leverage or CPF drawdown. Upgraders appreciate the spacious four-bedroom configurations, established family-oriented infrastructure, and reasonable premium to equivalent three-bedroom units elsewhere. Investors view the development as offering balanced risk with emerging MRT catalysts, established tenant demand pools, and positioning within a maturing estate unlikely to experience cyclical decline. The diversity of unit types further broadens appeal, enabling multiple buyer cohorts to find suitable configurations within a single project.

What TDSR and financing headroom can I expect at this price point?

At S$738,000, a 35-year HDB loan at current concessional rates (approximately 2.6% per annum) yields monthly instalments near S$2,450, before CPF contributions and property tax. For household incomes of S$6,500 to S$7,000 monthly, this translates into a TDSR ratio of approximately 35-38%, comfortably within the HDB's 35% threshold when property tax is incorporated. Dual-income households with combined monthly earnings of S$9,000+ experience significantly reduced TDSR ratios, leaving material headroom for other obligations or unexpected expenses. First-time buyers benefit from CPF withdrawal eligibility, substantially reducing cash down-payment requirements and improving overall financing flexibility. Buyers approaching the TDSR ceiling should anticipate minimal latitude for additional borrowing and should avoid overleveraging during the property acquisition phase.

How does 745 Pasir Ris Street 71 compare to competing HDB developments in the wider Pasir Ris vicinity?

Pasir Ris contains multiple HDB estates spanning different construction eras and configurations, with pricing varying by lease remaining, unit type, and proximity to transport or amenities. Directly competing estates from similar construction periods trade at comparable per-sqft rates, though exact pricing differentials depend on specific MRT proximity, tower age, and lift servicing patterns. 745 Pasir Ris Street 71's advantage lies primarily in its positioning relative to Elias MRT, which many competing estates do not enjoy to equivalent degree. Older Pasir Ris estates trade marginally lower due to extended lease decay, whilst newer developments (if any) command premiums for modern fittings. The breadth of unit sizes within 745 Pasir Ris Street 71 itself provides internal differentiation, allowing buyers to calibrate purchase decisions based on household size and budget constraints.

Which unit stacks or floor levels within the development typically offer the best value?

Mid-level floors (approximately 10-20 storeys) typically command modest premiums over lower floors, reflecting preferences for reduced street noise and enhanced light exposure. However, ground and very low floors (1-5 storeys) often trade at discounts of 3-7% relative to mid-levels, presenting value opportunities for buyers indifferent to floor psychology or view preferences. Higher floors (above 20 storeys) command escalating premiums, particularly beyond 25 storeys, yet offer diminishing practical returns in the HDB context. Interior-facing units (facing central courtyards or void decks) systematically trade 5-8% lower than street-facing equivalents, a meaningful discount for budget-conscious buyers. Unit stack position (relative to lift lobbies and common areas) creates micro-variations in desirability; units furthest from lifts trade marginally lower but offer quietness and potential views, presenting a risk-reward trade-off.

What is the expected future supply pipeline in the Pasir Ris district, and how might new developments affect this estate's value?

HDB planning in Pasir Ris has stabilised considerably following the earlier growth phases; new project launches within Pasir Ris are now episodic rather than continuous. The district is increasingly characterised as a mature estate with limited gross new supply, supporting pricing stability and reducing oversupply risk. Conversely, demand for HDB flats in Pasir Ris remains robust due to established amenities, educational institutions, and evolving transport infrastructure. The Elias MRT opening will likely stimulate demand across the entire Pasir Ris precinct, benefiting existing estates regardless of specific distance variations. Any new HDB launches would target different micro-locations or demographics, unlikely to directly cannibalise demand for 745 Pasir Ris Street 71. Private residential developments in adjacent areas (such as Sengkang) represent indirect competition for higher-income upgraders, though HDB pricing remains accessible in contrast.

Hdb Flat At Pasir Ris Street 71 — From S$738K