Type

Units

Min Area

Price Range

Other

130 sqft

S$1,200/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1,200.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$240 on this acquisition.
Located 6 min (510 m) from EW5 Bedok 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.

213 Bedok North Street 1: A Strategic HDB Investment in Bedok's Heart

Situated at 213 Bedok North Street 1, this HDB flat represents an accessible entry point into one of Singapore's most established residential neighbourhoods. Located just 510 metres—approximately a 6-minute walk—from Bedok MRT Station on the East-West Line, the property benefits from Singapore's backbone transport infrastructure and the connectivity that comes with it. For investors, owner-occupiers, and renters alike, Bedok North Street 1 offers proximity to one of the island's most vibrant and convenience-rich districts.

The Bedok precinct has matured into a comprehensive residential hub, combining affordable housing with robust retail, dining, and leisure options. Bedok Plaza stands as a major shopping and entertainment anchor, whilst the surrounding area hosts multiple hawker centres serving traditional and contemporary cuisines. Schools, medical facilities, and sports complexes round out the neighbourhood's amenities, making it particularly attractive to families and long-term residents seeking stability and established community infrastructure. This development sits squarely within that ecosystem, offering renters and owners the benefit of a neighbourhood that does not rely on speculative development but rather on proven, sustained demand.

Connectivity and Transport Advantages

The proximity to Bedok MRT Station (EW5) is a defining feature of this location. The East-West Line connects Bedok directly to the CBD, airport terminals, and key business districts within 20–35 minutes, eliminating the need for multiple transport modes during peak commute hours. For working professionals based in the city centre or at Changi Airport, this direct connectivity reduces travel friction and enhances quality of life. Property valuations in neighbourhoods with strong MRT access typically outpace those in more peripheral areas, and Bedok's established status means rental demand from commuters remains consistently robust.

Beyond the MRT, Bedok North Street 1 sits within walking distance of bus interchanges and feeder services, broadening accessibility for those who prefer or require multi-modal journeys. This layered transport infrastructure has historically supported stable rental yields and capital retention for HDB investors in Bedok, as the constituency of potential tenants spans young professionals, foreign workers, and families seeking convenience without premium pricing.

Market Position and Rental Dynamics

HDB flats in Bedok occupy a middle ground within Singapore's rental market—more affordable than prime city-fringe locations like Tiong Bahru or Tanjong Pagar, yet commanding higher rents than more distant new towns. This positioning makes 213 Bedok North Street 1 attractive to yield-focused investors seeking a balance between acquisition cost and monthly rental income. Rental demand in Bedok remains steady, driven by its mature tenant base, established reputation, and the fact that new HDB supply in the district has slowed relative to demand.

Investors considering this property should factor in typical HDB running costs—maintenance fees, property tax, and occasional upgrading—which remain modest compared to private residential alternatives. The effective rental yield for HDB flats in Bedok has historically ranged between 3% and 5% annually, depending on unit size, condition, and specific location within the precinct. Properties within easy walking distance of the MRT tend to achieve the upper end of that range, as tenants prioritise commute convenience.

Lease Tenure and Long-Term Viability

As an HDB property, this flat carries the standard Housing and Development Board lease tenure. HDB leases in Singapore's mature estates like Bedok typically begin their lifespan at 99 years, and properties within 30 years of their lease inception have historically maintained strong market demand and resale velocity. Potential buyers should verify the exact lease commencement date for 213 Bedok North Street 1 and consider the long-term implications of lease decay on resale value, particularly if holding the property beyond 10–15 years. HDB pricing algorithms and buyer sentiment do account for lease length, with steeper discounts applied to flats approaching the 80-year mark.

Bedok's popularity as an established neighbourhood means that HDB flats here typically retain their desirability across age cohorts, mitigating—though not eliminating—lease decay risk. The government's Home Improvement Programme (HIP) and potential future estate rejuvenation initiatives may also support long-term value retention, though these are not guaranteed.

Buying Considerations and Financing

First-time HDB buyers benefit from government grants and concessional financing via the HDB Loan scheme, which typically offers lower interest rates and higher loan quantum than bank mortgages. For this reason, first-timers often face lower financial friction than investors or upgraders. However, second-time buyers—particularly Singapore Citizens purchasing an additional residential property—must account for Additional Buyer's Stamp Duty at 20%, a material cost that reduces net purchasing power and should be factored into investment appraisals.

Debt Servicing and Total Debt Servicing Ratios (TDSR) at typical Bedok HDB price points generally remain manageable for employed buyers with stable income, though individual circumstance varies. A professional financial planner or mortgage broker can provide tailored guidance on loan eligibility and optimal financing structures for this specific property.

Neighbourhood Character and Demographics

Bedok has historically attracted a diverse resident base—young professionals, families with children, and retirees seeking a mature, well-serviced neighbourhood. This demographic stability underpins consistent rental demand and broad appeal across buyer segments. The neighbourhood's mix of public amenities, private shopping, and community spaces creates an environment where residents tend to remain longer-term, translating to lower tenant churn and more predictable income for investor-owners.

The presence of multiple educational institutions, from pre-schools to junior colleges, further anchors demand from family-oriented renters and buyers. For those seeking a settled, established community rather than a speculative or rapidly appreciating area, Bedok's character aligns well with a buy-and-hold or rent-and-earn investment thesis.

Competitive Positioning within Bedok

Bedok North Street 1 competes within a segment of HDB flats broadly similar in vintage, lease tenure, and amenity access to properties on adjacent streets. Comparative rental and sales analysis typically shows properties at identical walkability to the MRT achieving similar per-square-foot valuations, with marginal premiums for superior unit condition, higher floor levels, or orientation. Prospective buyers and investors should conduct side-by-side inspections of comparable units in the same block and neighbouring blocks to establish a fair market benchmark.

The absence of major new residential completions immediately adjacent to this address means competition for rental inventory should remain measured, supporting rental rates for existing stock. Any future HDB Build-To-Order (BTO) launches in nearby Bedok or Geylang would, however, introduce new supply to the district and could exert downward pressure on older-stock rental premiums over time.

Summary

213 Bedok North Street 1 presents a pragmatic choice for investors, first-time buyers, and renters seeking established neighbourhood credentials, reliable transport links, and competitive pricing within Singapore's HDB landscape. The property's proximity to Bedok MRT, mature community infrastructure, and consistent tenant demand make it a defensible long-term holding. Prospective purchasers should verify lease tenure, conduct thorough comparative analysis, and ensure financing capacity before proceeding—standard due diligence that applies equally to all HDB acquisitions in mature estates.

Frequently Asked Questions

What rental yield can an investor expect from an HDB flat at 213 Bedok North Street 1?

HDB flats in Bedok typically achieve gross rental yields between 3% and 4.5% annually, depending on unit size, condition, and exact position relative to the MRT station. Properties within 510 metres of Bedok MRT tend to occupy the higher end of this range because tenant demand for commute-friendly locations remains robust. When calculating net yield, subtract property tax (approximately 5–7% of annual value), maintenance contributions, and any periodic upgrading costs; net yield usually falls 1–1.5 percentage points below gross yield. Bedok's mature tenant base and consistent demand make it a relatively stable rental market compared to newer estates, though yields remain modest relative to private residential alternatives.

How does the per-square-foot pricing for 213 Bedok North Street 1 compare to other Bedok HDB sales in recent months?

HDB per-square-foot (PSF) pricing in Bedok varies between approximately S$650 and S$850 PSF depending on block vintage, exact proximity to the MRT, and unit condition. Properties on Bedok North Street and adjacent streets typically trade within the middle of that range, with newer or extensively renovated units commanding premiums towards the higher end. To establish a precise market position for this specific address, prospective buyers should request transacted prices for 5–10 comparable units sold in the same block or within 200 metres over the past 3–6 months. HDB's transaction database (available via HDB's official portal) provides a reliable source for this comparative analysis and helps buyers avoid overpaying or underselling relative to recent market actuals.

What is the Additional Buyer's Stamp Duty (ABSD) liability for a Singapore Citizen buying 213 Bedok North Street 1 as a second residential property?

A Singapore Citizen purchasing 213 Bedok North Street 1 as a second residential property incurs Additional Buyer's Stamp Duty (ABSD) at the rate of 20% on the purchase price. This represents a material outlay: on a purchase price of S$400,000, for example, ABSD would total S$80,000, materially reducing net purchasing power and affecting investment returns. ABSD is payable at the point of acquisition alongside standard stamp duty and other settlement costs, so buyers must ensure financing capacity covers this liability. For investors, this cost should be factored into the investment appraisal from the outset; upgraders moving from a first property should verify whether they qualify for any buyer concessions or exemptions before proceeding.

What is the lease decay risk for 213 Bedok North Street 1, and how does it affect long-term resale value?

The lease decay risk for any HDB property depends on the original lease commencement date and the property's current remaining tenure. HDB leases in Bedok estates typically commenced in the 1970s–1990s, meaning many properties now carry 40–60 years of remaining lease. Properties with fewer than 60 years of remaining lease experience steeper valuation discounts, and those approaching 30 years remaining may struggle to attract financing or buyer interest. If 213 Bedok North Street 1 currently has 50+ years of lease remaining, lease decay over the next 10–15 years of ownership is unlikely to materially impair resale value; however, if the property has fewer than 45 years remaining, buyers should expect gradual valuation pressure and should plan accordingly. Prospective owners should obtain an HDB Resale Application and Valuation Statement to confirm the exact remaining lease and model the impact on long-term capital value.

How does the 6-minute walk to Bedok MRT (EW5) impact demand and capital appreciation for this property?

Proximity to an MRT station is among the strongest drivers of HDB demand and capital appreciation in Singapore. Properties within a 5–10 minute walk to a major interchange station (like Bedok on the East-West Line) historically achieve faster tenant uptake, command rental premiums of 5–15% over comparable properties 15+ minutes away on foot, and experience steadier capital appreciation. The East-West Line's role as Singapore's primary east-west transport spine means Bedok MRT carries high daily ridership and supports consistent commuter demand from CBD workers, airport staff, and other eastern corridor employers. This demand sustainability translates into lower vacancy risk for investor-owners and better negotiating position when selling. Over a 10–15 year holding period, properties at Bedok MRT have historically appreciated faster than inner-estate HDB flats further removed from transport nodes, though absolute rates of appreciation vary by property vintage and market cycle.

Is 213 Bedok North Street 1 suitable for first-time HDB buyers, upgraders, or investor-focused purchasers—and what are the distinct advantages for each group?

First-time HDB buyers benefit from government grants (up to S$80,000 depending on income) and access to the HDB Loan scheme at favourable terms, making acquisition less financially taxing than for upgraders or investors. For first-timers, Bedok's maturity, established amenities, and steady rental market (should they later let the property) offer confidence that the purchase will hold value. Upgraders moving from a first HDB to a second property must navigate 20% ABSD and higher financing costs via bank mortgages, making per-dollar acquisition cost higher than for first-timers; however, upgraders benefit from equity built in the first property and typically have stronger financial capacity. Investors in Bedok HDB flats prioritise stable, modest yields (3–4.5%) and low-volatility appreciation over capital gains chasing; Bedok's mature market and tenant base appeal to this cohort. For all three groups, 213 Bedok North Street 1's MRT proximity and established neighbourhood make it a lower-risk acquisition relative to new estates or more speculative locations.

What are the TDSR and financing headroom implications for a typical buyer at this property's price point?

Total Debt Servicing Ratio (TDSR) caps a borrower's total monthly debt repayment (including the HDB mortgage, car loans, credit cards, and personal loans) at 55% of gross monthly income. At a typical Bedok HDB acquisition price of S$350,000–S$450,000, the monthly mortgage payment over a 25-year HDB loan ranges between approximately S$1,300 and S$1,700 at current interest rates. An employed buyer with gross monthly income of S$4,000–S$5,000 would comfortably service this debt without breaching TDSR caps, assuming no significant secondary debt. First-time buyers accessing HDB loans benefit from lower interest rates (typically 2.5–3% versus 3.5–4.5% for bank mortgages) and higher maximum loan-to-value ratios (90% for HDB loans versus 75–80% for bank mortgages), improving borrowing headroom. Self-employed individuals, contract workers, and those with irregular income face stricter assessment and may require larger cash downpayments to secure loan approval. A mortgage broker or HDB counsellor can provide personalised TDSR calculations based on individual income and existing liabilities.

How does 213 Bedok North Street 1 compare to competing HDB flats in adjacent areas like Geylang, Kembangan, or East Coast?

Bedok competes with nearby mature HDB estates including Geylang, Kembangan, and East Coast across the eastern corridor. Geylang HDB prices typically range 5–10% lower than Bedok's per-square-foot equivalents, reflecting Geylang's slightly greater distance from CBD and weaker amenity positioning; however, Geylang's slightly lower price point attracts budget-conscious renters and first-time buyers. Kembangan and Macpherson, further east, trade at 10–15% discounts to Bedok but lack Bedok's retail and F&B concentration, reducing lifestyle appeal. East Coast HDB flats occupy a similar price and desirability band to Bedok, with differences reflecting block vintage and MRT proximity within each estate. Bedok's advantage lies in its mature retail ecosystem (Bedok Plaza, multiple hawker centres), proximity to Changi Airport (ideal for airline staff and airport workers), and the East-West Line's strategic importance. For investors comparing rental yield potential, Bedok and East Coast generally outperform Geylang on tenant demand and rental premiums, though all three offer modest, stable yields suited to conservative investor profiles.

Are certain unit stack or floor levels within 213 Bedok North Street 1 better positioned for value or resale velocity?

Within any HDB block, unit values typically increase with floor level due to lower noise exposure, greater natural light, and superior views, though the differential is often modest in 10–20 storey blocks (usually 1–3% per additional storey). Mid-range floors (levels 6–12) typically offer the best value-to-desirability ratio, providing height benefits without premium pricing that extends to higher floors. Units on the lower floors (1–3) sometimes trade at minor discounts, particularly if they face carpark areas or adjacent blocks; however, they appeal to elderly residents and families with young children who prefer reduced elevator dependency. For rental tenants, mid-level units and those facing away from main roads (minimising traffic noise) remain highly competitive and rent quickly. Prospective buyers should inspect comparable units across multiple floor levels within the same block to identify where market pricing clusters and whether apparent discounts reflect genuine defects or are simply reflections of buyer preference patterns. Unit orientation (facing parks versus facing roads, for example) often matters more to rental demand than raw floor level.

What new HDB supply is expected in Bedok or adjacent Geylang over the next 5–10 years, and could it pressure property values at 213 Bedok North Street 1?

HDB's Build-To-Order (BTO) programme periodically launches new projects in designated growth areas, and Bedok is classified as a mature estate with limited new supply designated. However, the Eastern Region (encompassing Bedok, Geylang, and surrounding areas) has seen several recent BTO launches (Pinnacle@Duxton, Bedok South, and others), and future tranches may be announced in Geylang or Serangoon over the medium term. New HDB supply introduces fresh inventory at lower prices than resale flats and may exert downward pressure on resale prices and rents for older stock in the vicinity. That said, Bedok's maturity and strong community infrastructure mean its appeal extends beyond just new inventory; tenant and buyer demand for established neighbourhoods typically remains robust despite nearby new supply. The release of HDB's long-term supply pipeline updates (typically announced via press releases) can signal future competitive pressure; prospective buyers and investors should monitor official HDB announcements to gauge supply trajectory and adjust investment timing accordingly.

Hdb Flat At 213 Bedok North Street 1 — From S$1,200