Type

Units

Min Area

Price Range

3 BR

1270 sqft

S$4,500/mo

Other

120 sqft

S$900/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$900 to S$4,500.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$180 on this acquisition.
Located 11 min (930 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.

407 Bedok North Avenue 3: A Mature HDB Development in One of Singapore's Most Sought-After Eastern Districts

Nestled in the heart of Bedok, 407 Bedok North Avenue 3 represents a well-established Housing and Development Board flat development that has long served as an anchor point for the district's residential landscape. This mature estate offers a mix of unit configurations and price points, catering to a broad spectrum of buyers ranging from first-time homeowners to seasoned property investors seeking stable cash flow and capital growth.

The development's most compelling advantage lies in its proximity to Bedok MRT Station on the East-West Line, situated approximately 930 metres (roughly an 11-minute walk) away. This accessibility places residents within striking distance of Singapore's primary east-west transport corridor, enabling swift journeys to the Central Business District, Changi Airport, and key employment hubs across the island. For working professionals and families balancing commuting time with residential comfort, this location affords a practical middle ground between affordability and connectivity.

Strategic Location and Transport Connectivity

Bedok's position as one of Singapore's established eastern residential zones has cemented its reputation for stability and demand resilience. The wider Bedok area encompasses thriving commercial precincts, well-regarded schools spanning primary through secondary levels, and a comprehensive network of healthcare facilities anchored by Changi General Hospital. This concentration of essential services reinforces the appeal of 407 Bedok North Avenue 3 to families seeking a complete living ecosystem rather than a property purchase alone.

The East-West Line's presence has historically supported strong leasing demand in the Bedok precinct, as both local and expatriate tenants value the straightforward commuting proposition. Properties near major MRT nodes typically command rental premiums compared to peripheral locations, supporting yield expectations for buy-to-rent investors. Over the past decade, this transport advantage has also underpinned steady capital appreciation, though this trajectory is naturally subject to broader economic conditions and housing policy shifts.

Unit Diversity and Price Positioning

407 Bedok North Avenue 3 comprises multiple unit types across its blocks, allowing prospective buyers to select configurations suited to their specific household composition and investment thesis. Whether pursuing a compact two-room flat for a young couple or a more expansive three-bedroom unit for a growing family, the development's varied inventory provides flexibility that single-type projects cannot match. This diversity also enhances the development's appeal to rental investors, who benefit from access to multiple market segments within a single address.

Pricing within the development reflects the maturity of the estate and the prevailing HDB market dynamics in the Bedok area. Units are available at various price levels, reflecting differences in floor level, internal configuration, facing direction, and remaining lease tenure. Buyers should exercise due diligence regarding lease decay, particularly for units with significantly reduced remaining terms, as this directly impacts financing eligibility and future resale velocity. Banks typically impose stricter loan conditions on leasehold flats with less than 75 years remaining, and institutional buyers increasingly favour properties with longer lease buffers for portfolio stability.

Investment Potential and Rental Yield Prospects

For investors evaluating 407 Bedok North Avenue 3 as a portfolio addition, the Bedok location offers compelling fundamentals. The district consistently attracts demand from both owner-occupiers seeking to upgrade from smaller units and tenants valuing proximity to employment clusters in the east. Rental yields across HDB developments in the Bedok area have historically ranged between 3% and 4.5% gross depending on unit size, lease profile, and market conditions, though actual outcomes depend on individual property condition, tenant profile, and micromarket positioning.

First-time buyers entering the HDB market via 407 Bedok North Avenue 3 should be aware of financing thresholds and debt-service-to-income (TDSR) limits imposed by lending institutions. At typical price points within this development, most units will require a 25% down payment and satisfy TDSR constraints for buyers earning above $4,500 monthly. Buyers intending to purchase a second residential property should budget for the 20% Additional Buyer's Stamp Duty (ABSD) applicable to Singapore Citizens acquiring a second home, which materially increases upfront capital requirements and should factor into purchase planning.

Comparison to Competing Nearby Developments

The broader Bedok HDB estate encompasses several other mature developments offering similar transport access and demographic appeal. Properties along Joo Chiat Place, Bedok North Road, and surrounding avenues present competing alternatives at comparable price bands. Prospective buyers benefit from comparing floor plans, lease remaining, facing direction, and block positioning across multiple addresses before committing. 407 Bedok North Avenue 3's central positioning within the precinct and direct MRT proximity offer advantages over some more peripheral developments, though older blocks may present marginal lease decay concerns relative to newly completed estates elsewhere in Singapore.

Long-Term Appreciation and District Growth Trajectory

Bedok's historical appreciation record reflects the district's enduring appeal and the scarcity of land in mature eastern Singapore. Unlike newer fringe estates, Bedok benefits from complete infrastructure maturity, established social capital, and a stable, predominantly Singaporean resident base. Future supply growth in the district is inherently limited, as land is predominantly consolidated under existing residential development, creating a structural scarcity dynamic that typically supports capital value retention. However, broader HDB market conditions, Central Provident Fund policy changes, and government housing initiatives elsewhere on the island remain material variables affecting long-term appreciation trajectories.

For upgraders relocating from smaller units to larger family homes, 407 Bedok North Avenue 3 presents an opportunity to trade horizontally or vertically within a familiar and accessible district whilst maintaining strong rental optionality should circumstances change. The development's maturity and established community infrastructure reduce execution risk relative to new launches in unfamiliar locations, a consideration particularly relevant to older buyers prioritising stability and established local networks.

Practical Considerations for Prospective Buyers

Prospective purchasers should undertake thorough inspections of the unit's internal condition, with particular attention to aging water pipes, electrical installations, and any signs of water seepage or structural movement. HDB flats of this vintage typically benefit from recent upgrading programmes, though individual unit upkeep varies. The development's overall maintenance record, as reflected in management fees and common area conditions, merits assessment before committing. Additionally, buyers should verify their MRT commuting time empirically during peak hours, as the stated distance of 930 metres may underestimate real-world journey duration on crowded mornings or evenings.

Finalising a purchase at 407 Bedok North Avenue 3 requires coordination with the HDB resale programme, negotiation of timelines with the sitting tenant (if applicable), and careful sequencing of sales and purchase completion to manage financing gaps. First-time buyers should engage a conveyancing solicitor experienced in HDB transactions to navigate regulatory requirements, whilst investors should consider engaging a property consultant to benchmark pricing against recent transacted comps in the wider Bedok catchment.

Frequently Asked Questions

What rental yield can investors typically expect from purchasing a unit at 407 Bedok North Avenue 3?

Investors purchasing HDB units at 407 Bedok North Avenue 3 can realistically target gross rental yields between 3% and 4.5%, depending on the specific unit configuration, remaining lease tenure, and prevailing market conditions in the Bedok precinct. Larger three-bedroom units typically command higher absolute rental income but may experience marginally lower yields relative to more compact two-room layouts, which attract higher tenant-density demand from young professionals and couples. Actual yield outcomes depend critically on the unit's internal condition, tenant quality, and whether purchased furnished or unfurnished; investors should model conservative assumptions around vacancy periods and maintenance costs when stress-testing purchase decisions.

How does pricing at 407 Bedok North Avenue 3 compare to recent HDB transactions per square foot in the Bedok area?

407 Bedok North Avenue 3 pricing reflects broader Bedok HDB market dynamics, with per-square-foot values generally ranging between S$4.50 and S$5.80 depending on unit size, lease remaining, floor level, and facing direction. Recent transacted comps in the surrounding Bedok North and Joo Chiat precincts indicate comparable pricing bands, though individual blocks and microlocations generate microvariation around these median benchmarks. Buyers should pull the HDB Resale Price Index and review recent sold data through the resale platform to ensure they are not overpaying relative to comparable units; lease decay significantly impacts psf pricing, with units below 75 years remaining often trading at 5–15% discounts relative to identical specifications with longer terms.

What is the impact of ABSD on a Singapore Citizen's second property purchase at this development?

Singapore Citizens purchasing a second residential property at 407 Bedok North Avenue 3 must account for Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, calculated on the purchase price. For a property valued at S$450,000, ABSD would total S$90,000, materially increasing the effective cost of acquisition and reducing the capital available for furnishing, renovations, or holding reserves. This 20% ABSD is payable upfront alongside the base stamp duty and other transaction costs, necessitating careful cash-flow planning and consideration of financing alternatives; some investors structure acquisitions via corporate entities to potentially defer or reframe ABSD exposure, though this approach carries legal and tax implications requiring professional advisory input.

What lease decay risks exist for units at 407 Bedok North Avenue 3, and how does remaining tenure affect resale value?

407 Bedok North Avenue 3, as a mature HDB development, exhibits a wide distribution of remaining lease tenures depending on the specific unit's original grant date and any lease renewal undertaken. Units with remaining terms below 75 years may face financing headroom constraints, as banks typically impose stricter loan-to-value ratios and shorter loan tenures on shorter-lease properties, reducing buyer pool and resale velocity. Historical HDB market data indicates that flat values decline approximately 10–15% per decade as the lease erodes toward the 30-year mark, a dynamic that becomes pronounced once lease drops below 50 years, at which point institutional buyers and upgraders progressively exit the market. Prospective purchasers should verify the exact remaining lease tenure from the HDB Resale Portal and model depreciation trajectories when evaluating long-term capital preservation.

How does proximity to EW5 Bedok MRT Station influence long-term demand and capital appreciation for units at this development?

The 930-metre (approximately 11-minute walk) proximity to Bedok MRT Station on the East-West Line is a material positive for both rental demand and capital appreciation trajectories. Properties within 500–1,200 metres of major MRT stations historically outperform peer locations further afield, as tenants and owner-occupiers prioritise commuting convenience and transport accessibility in housing decisions. Bedok's position as a strategic east-coast hub with employment nodes across the East-West Line corridor—from Jurong to Changi—ensures sustained tenant demand and supports rental rate inflation tracking general wage growth. However, future MRT development elsewhere on the island, property tax policy shifts, or employment relocation trends could moderately affect this advantage; savvy investors should monitor broader strategic planning announcements from the Land Transport Authority and Economic Development Board.

Is 407 Bedok North Avenue 3 suitable for first-time buyers, upgraders, and investors, and what are the key differentiators for each profile?

407 Bedok North Avenue 3 appeals to all three buyer profiles but for distinct reasons. First-time buyers benefit from the mature estate's complete infrastructure, established community amenities, straightforward MRT connectivity, and stable pricing uncontaminated by speculative new-launch premiums; the Bedok location also offers reasonable entry pricing relative to central-zone alternatives, enabling meaningful equity accumulation over a ten-year holding period. Upgraders relocating from smaller flats value the development's internal unit diversity, allowing them to rightsize housing without geographic dislocation, whilst retaining social networks and familiar amenity networks. Investors prioritise the consistent tenant demand underpinned by proximity to employment hubs, the availability of varied unit types satisfying multiple market segments, and long-term lease decay characteristics that are predictable and already-priced into market valuations, reducing downside surprises. Each profile should weight differently: first-timers should stress financial feasibility over yield; upgraders should emphasise lifestyle fit; investors should obsess over yield, lease runway, and tenant turnover economics.

What TDSR thresholds and financing headroom apply to typical unit prices at 407 Bedok North Avenue 3?

At typical HDB prices at 407 Bedok North Avenue 3 (ranging from approximately S$380,000 to S$520,000 depending on configuration and lease tenure), buyers will generally satisfy TDSR constraints with a 25% cash down payment if household monthly income exceeds S$5,000–S$6,500. The TDSR limit of 60% caps total monthly debt servicing (inclusive of the proposed mortgage, outstanding car loans, credit card commitments, and other facilities) at 60% of gross household income; a S$450,000 HDB loan at 2.6% over 25 years equates to roughly S$2,050 monthly, necessitating household income of approximately S$3,400 to satisfy TDSR comfortably. Buyers should also budget for property tax, insurance, and maintenance reserves; second-property buyers must additionally reserve capital for the 20% ABSD and engage a loan officer early to stress-test borrowing capacity before making offers.

How does 407 Bedok North Avenue 3 compete against other HDB developments in the nearby Bedok and Joo Chiat precincts?

407 Bedok North Avenue 3 competes directly with older blocks in the consolidated Bedok estate (including addresses along Bedok North Road, Bedok South Avenue, and Joo Chiat Place) on pricing, lease profile, and MRT accessibility. Strengths relative to peer estates include the central positioning within Bedok North, which minimises micromarket variance in amenity access and rental demand. Weaknesses include potential age-related wear and building service obsolescence compared to newer HDB launches in growth zones like Punggol or Sengkang. Buyers evaluating alternatives should undertake side-by-side floor-plan comparisons, request recent sold comps from each address via the HDB Resale Portal, and inspect multiple blocks to identify marginal psf advantages. Lease rundown is a critical variable; a 60-year lease at 407 Bedok North Avenue 3 may trade at a 10–20% discount to a similar layout at nearby 406 Bedok North Avenue 3 if that latter block enjoys longer remaining tenure.

Which unit stack levels or floor positions at 407 Bedok North Avenue 3 offer the best value proposition for different buyer priorities?

Lower-floor units (levels 1–3) at 407 Bedok North Avenue 3 typically trade at 5–10% discounts relative to mid-stack and upper-floor equivalents, reflecting buyer preference for natural light, privacy, and reduced lift dependency; these discount units represent value opportunities for price-conscious first-timers willing to accept modest natural-light trade-offs and occasional ground-level noise. Mid-stack units (levels 5–15) command pricing premiums reflecting balanced access to natural light, views, and lift convenience, and these positions are often the optimal balance for rental investors seeking to minimise tenant churn. Upper-floor units (levels 18+) attract premiums for views, natural light, and perceived privacy, appealing to owner-occupiers prioritising lifestyle quality over yield optimisation; however, upper-floor purchasing by investors should be stress-tested against marginal rental premium realisability, as tenants often resist above-average rents for modestly improved views. East and north-facing units typically command modest premiums (2–5%) over west and south facings due to daylighting preferences, a factor worth evaluating during site inspection.

What future supply pipeline exists in the broader Bedok and surrounding Katong precinct that could affect long-term values at this development?

Bedok's future new HDB supply is inherently constrained by the scarcity of available land in the mature east-coast zone; the HDB's Build-to-Order pipeline focuses expansion on growth zones including Punggol, Sengkang, and Yishun rather than densifying established precincts. Private new-launch condominium developments in adjacent Katong and Marine Parade may capture some demand from upgraders willing to trade HDB demographics for upmarket finishes, though price-point segmentation means these projects compete more with private resale than HDB stock. Longer-term, the Government Land Sales supply strategy and private residential zoning decisions in surrounding areas (particularly around future MRT extensions) will influence competition for tenant demand and capital. Investors should monitor the Ministry of National Development's planning announcements and the Urban Redevelopment Authority's concept plans to identify emerging competitive threats; the absence of major redevelopment corridors immediately surrounding 407 Bedok North Avenue 3 is a structural positive for lease-period stability.

Hdb Flat At 407 Bedok North Avenue 3 — From S$900