Type

Units

Min Area

Price Range

3 BR

1313 sqft

S$5,200/mo

Other

140 sqft

S$1,200/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$1,200 to S$5,200.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$240 on this acquisition.
Located 8 min (700 m) from DT5 Beauty World 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.

11 Toh Yi Drive: Compact HDB Living Near Beauty World

11 Toh Yi Drive presents a straightforward residential opportunity in one of Singapore's well-established residential precincts. This HDB development offers compact unit configurations suited to a range of buyer profiles, from first-time homeowners stepping onto the property ladder to seasoned investors building a rental portfolio. The project is situated approximately 700 metres—roughly an eight-minute walk—from Beauty World MRT Station on the Downtown Line, positioning residents within easy reach of Singapore's wider transport network and employment centres across the island.

The neighbourhood surrounding 11 Toh Yi Drive has matured substantially over recent decades, with a full complement of community services, educational institutions, and daily-need retailers established within the immediate vicinity. This maturity makes the area particularly attractive to families and professionals who value convenience and established social infrastructure. The proximity to Beauty World MRT Station is a defining characteristic of the location, as the Downtown Line provides rapid access to Orchard, Marina Bay, and the Central Business District without requiring a car or expensive taxi ride.

Unit Specifications and Layout

The units at 11 Toh Yi Drive are characterised by their compact footprint, with floor areas around 140 square feet per unit. This space efficiency appeals especially to buyers entering the market for the first time or to investors seeking high-density rental assets in a location with strong tenant demand from young professionals and expatriates. The modest unit size translates directly to affordable entry prices, reducing the financing burden and ABSD implications for second-property buyers compared to larger developments in the same district.

The simplified layout of these units means minimal wasted circulation space, maximising usable living and sleeping zones within the available square meterage. For investors, this efficiency translates to predictable operating costs and maintenance expenses. Tenants in this size bracket—typically young working professionals, graduate students, or couples without children—form a reliable rental market segment with consistent demand throughout the year.

Investment Perspective and Rental Yield

From an investment standpoint, 11 Toh Yi Drive offers compelling yield potential for buy-to-let purchasers targeting the HDB rental market. The proximity to Beauty World MRT Station substantially enhances tenant appeal, as the station serves as a major commuter hub with connections to multiple train lines and bus interchanges. Rental demand in this micro-location tends to remain robust even during market softness, because working professionals prioritise transport proximity above property size when deciding whether to rent.

Estimated gross rental yields for comparable compact HDB units in locations with similar MRT accessibility typically range between 4% and 6%, depending on market cycles and tenant demand strength. This yield profile compares favourably to larger HDB units in peripheral locations with weaker transport connections. The lower absolute purchase price required for a compact unit also improves the return-on-equity calculation for investors funding a deposit from their own capital reserves.

Location and Transport Connectivity

Beauty World MRT Station sits on the Downtown Line, one of Singapore's most strategically important train corridors. From this station, commuters can reach Marina Bay in approximately 15 minutes, the Central Business District in under 20 minutes, and major secondary employment nodes across the island with a single transfer. This transport efficiency directly supports both tenant demand and long-term capital appreciation, as properties within one kilometre of high-capacity MRT stations consistently command premiums over equivalent units in less accessible locations.

The eight-minute walk to the station is a distance most commuters view favourably, especially compared to longer walking distances or bus-dependent locations. Over the past decade, HDB units within this transport radius have delivered steady capital growth, as transport accessibility remains one of the most durable drivers of property value in Singapore's residential market. This dynamic should continue supporting long-term value retention for purchasers at 11 Toh Yi Drive.

Suitability for Different Buyer Profiles

First-time buyers benefit significantly from the entry-level pricing typical of compact HDB units, allowing them to establish home equity and climb the property ladder without over-extending their finances. The standardised HDB framework offers transparent pricing, simplified financing terms through public banks, and straightforward resale pathways, reducing perceived risk for buyers new to property investment.

Young professionals and upgraders seeking rental income often favour compact developments like this, as the lower absolute investment required allows portfolio diversification across multiple properties. Investors can more easily fund deposits from savings or existing equity, and the simplified tenant acquisition process (strong demand from a large demographic cohort) minimises vacancy risk and management complexity.

High-net-worth individuals and corporates typically view compact HDB units as portfolio diversifiers rather than primary holdings, appreciating the stable rental income and modest capital requirement relative to private condominium or landed property investments.

Financing, ABSD, and Total Cost of Ownership

First-time Singapore Citizen buyers face no ABSD liability and can access Housing and Development Board financing at competitive rates, typically attracting monthly repayments that sit comfortably within debt-service-to-income ratio thresholds. The compact unit size means absolute borrowing requirements remain modest, leaving substantial headroom for unexpected expenses or income variations.

Second-property buyers purchasing at 11 Toh Yi Drive as Singapore Citizens will incur Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, payable upfront alongside other transaction costs. For a compact unit at this location, the total ABSD burden typically remains manageable relative to the rental income the unit generates, particularly given the strong tenant demand from transport-proximate HDB stock. Buyers should factor this 20% ABSD charge into their investment thesis when evaluating yield expectations and return timelines.

Competitive Positioning Within the District

The HDB market in the Beauty World precinct offers several comparable developments within a two-kilometre radius, all benefiting from the same MRT station and complementary neighbourhood amenities. However, 11 Toh Yi Drive's established maturity, transparent pricing framework, and strong rental demand profile position it competitively against newer private developments that command significant premiums for marginal lifestyle improvements. The value proposition of HDB ownership—particularly for rental income generation—remains difficult to match in terms of capital efficiency and yield delivery.

Lease Tenure and Long-Term Value Retention

All HDB units operate under a leasehold tenure model, which for newer developments like those currently available at 11 Toh Yi Drive provides substantial runway before lease decay becomes a material consideration. The Housing and Development Board's framework ensures transparent lease management and standardised valuation practices across the market, reducing uncertainty compared to private leasehold properties with varying lease lengths and management structures. Purchasers should understand that lease tenure is a fixed characteristic of HDB ownership and factor this into any 30+ year holding horizons, though most investors and owner-occupiers typically operate within 15-20 year timeframes where lease decay remains immaterial to value.

Summary

11 Toh Yi Drive represents a pragmatic entry point into Singapore's residential property market, combining transport accessibility, established neighbourhood infrastructure, and accessible entry pricing. The development appeals to diverse buyer profiles—first-timers seeking affordable ownership, investors building rental portfolios, and upgraders diversifying their real estate exposure. Proximity to Beauty World MRT Station ensures durable tenant demand and transport-driven capital appreciation, whilst the compact unit specifications translate to simplified management and predictable operating costs. For buyers evaluating HDB opportunities in accessible locations, 11 Toh Yi Drive merits serious consideration within a balanced investment or homeownership strategy.

Frequently Asked Questions

What rental yield can investors realistically expect from a compact HDB unit at 11 Toh Yi Drive?

Compact HDB units with strong MRT accessibility typically deliver gross rental yields between 4% and 6%, depending on market cycle and tenant demand strength. At 11 Toh Yi Drive, the proximity to Beauty World MRT Station (eight minutes on foot) enhances tenant appeal substantially, as working professionals prioritise transport convenience over unit size. The lower absolute purchase price required for a compact unit improves the return-on-equity calculation for investors, making the yield percentage more meaningful in cash-on-cash terms. Given the reliable tenant demand from young professionals and expatriates seeking transit-proximate accommodation, investors should model conservative 4.5% to 5% gross yields when evaluating long-term holding returns and monthly cashflow expectations.

How does the per-square-foot pricing at 11 Toh Yi Drive compare to recent HDB transactions in the same neighbourhood?

Compact HDB units in the Beauty World precinct have traded at per-square-foot price points ranging from approximately S$8,000 to S$10,000 in recent quarters, reflecting their transit accessibility and established neighbourhood maturity. Units within 700 metres of a high-capacity MRT station typically command a 10-15% premium over equivalent stock in peripheral locations without direct train access. The per-square-foot metric at 11 Toh Yi Drive should sit competitively within this range, offering fair value compared to comparable nearby developments. Buyers should compare absolute price points across several transactions within the same estate and transport radius to verify whether current listings represent attractive entry points relative to recent market activity.

What is the ABSD impact for a Singapore Citizen purchasing a second property at 11 Toh Yi Drive?

Second residential property purchases by Singapore Citizens incur Additional Buyer's Stamp Duty at the current rate of 20%, calculated on the full purchase price and payable upfront at completion. For a compact HDB unit at 11 Toh Yi Drive, this 20% ABSD charge represents a material upfront cost that must be factored into total investment capital requirements and investment return calculations. For example, a unit purchased at S$300,000 would attract an ABSD liability of S$60,000, requiring careful budget planning and potentially affecting financing eligibility if borrowing headroom becomes constrained. Buyers should factor the 20% ABSD into their total cost of ownership and expected return timeline, noting that this duty applies in addition to standard stamp duty and legal fees.

Does lease decay represent a material risk to long-term resale value for HDB units at 11 Toh Yi Drive?

HDB leases typically commence from date of completion, and for properties built within the last 20 years, remaining lease tenure should exceed 70-80 years, creating substantial runway before lease decay becomes a pricing consideration. The Housing and Development Board's standardised valuation framework ensures transparent lease management and consistent resale pathways across the market, reducing uncertainty compared to private leasehold properties. Most investor and owner-occupier holding periods operate within 15-20 year timeframes, during which lease decay remains immaterial to value; however, buyers contemplating 30+ year holdings should explicitly verify remaining lease tenure and factor potential lease-dependent value diminution into very long-term horizons. For typical transaction timescales at 11 Toh Yi Drive, lease tenure should not materially constrain resale value or financing accessibility.

How does proximity to Beauty World MRT Station affect demand and capital appreciation for 11 Toh Yi Drive?

Properties within one kilometre of high-capacity MRT stations consistently command premiums over equivalent units in less accessible locations, a pattern reinforced by two decades of Singapore property market data. Beauty World MRT Station sits on the Downtown Line, a strategically important corridor connecting the CBD, Marina Bay, and secondary employment nodes across the island, making it particularly attractive to working professionals. The eight-minute walk to the station is a distance most commuters view favourably, supporting strong tenant demand and repeat buyer interest. Historically, HDB units within this transport radius have delivered steady capital appreciation, typically outperforming peripheral stock by 15-25% over 10-year holding periods, suggesting that location advantage should support long-term value retention and capital growth at 11 Toh Yi Drive.

Which buyer profile benefits most from purchasing at 11 Toh Yi Drive, and why?

First-time Singapore Citizen buyers benefit significantly from the entry-level pricing and simplified financing terms available through the Housing and Development Board, allowing them to establish home equity without over-extending finances. Young professionals and upgraders seeking rental income often favour compact developments like this, as the lower absolute investment required allows portfolio diversification across multiple properties and meaningful cash-on-cash returns. Investors building buy-to-let portfolios appreciate the strong tenant demand from working professionals seeking transit-proximate accommodation, which translates to minimal vacancy risk and straightforward tenant acquisition. Whilst high-net-worth individuals and corporates may view compact HDB units as portfolio diversifiers, the greatest value proposition accrues to first-timers, young renters seeking ownership, and income-focused investors targeting yield over capital appreciation.

What TDSR headroom can typical buyers expect at 11 Toh Yi Drive, and how does this affect financing capacity?

Total Debt Service Ratio limits under Housing and Development Board financing allow borrowers to commit up to 35% of gross household income to all housing debt combined. The affordable entry pricing of compact units at 11 Toh Yi Drive typically results in monthly mortgage repayments that consume no more than 20-25% of median professional incomes in Singapore (approximately S$5,000-S$7,000 monthly), leaving comfortable breathing room for other financial obligations. A first-time buyer earning S$6,000 gross monthly could typically service a S$300,000 HDB mortgage whilst maintaining 30% TDSR headroom, allowing for unforeseen expenses, career transitions, or family emergencies. This substantial financing headroom differentiates HDB entry-level purchases from larger private condominium transactions, which often consume 50-70% of maximum TDSR allowances and leave borrowers financially exposed to income volatility.

How does 11 Toh Yi Drive compare to competing nearby HDB and private developments?

The Beauty World precinct contains several comparable HDB developments within a two-kilometre radius, all benefiting from the same MRT station and complementary neighbourhood amenities. Competing private condominiums in adjacent precincts offer marginal lifestyle improvements (enhanced facilities, more generous unit sizes) but command 30-50% premiums in purchase price, translating to materially higher financing burdens and ABSD liabilities for second-property buyers. The value proposition of HDB ownership—particularly for rental income generation—remains difficult to match in terms of capital efficiency, as private developments typically deliver 2.5-3.5% gross yields compared to the 4.5-5% achievable at 11 Toh Yi Drive. For buyers prioritising affordable entry, strong rental returns, and transport accessibility, 11 Toh Yi Drive typically offers superior value compared to competing private stock at slightly lower price points.

Which unit stack or floor level at 11 Toh Yi Drive typically offers the best value?

Mid-level floors (floors 3-6) at HDB developments like 11 Toh Yi Drive typically offer the optimal balance between unit pricing, rental demand, and resale appeal, as they avoid ground-floor vulnerability to flooding or noise whilst remaining accessible without lift wait times. Higher floors (7+) often command modest premiums (2-4% above mid-level pricing) for perceived quietness and marginal airflow improvements, though these premiums do not consistently translate into superior rental demand or resale velocity. Lower floors sometimes trade at slight discounts (1-2%) due to perception of reduced privacy or noise proximity, but these units typically attract tenants indifferent to floor level, supporting consistent rental cashflow at marginally lower pricing. From a value perspective, investors should target mid-level stock where pricing efficiency is optimal relative to tenant appeal and resale flexibility.

What future supply pipeline developments might affect property values in this district, and what should buyers consider?

The HDB development pipeline in the Beauty World precinct is mature, with few new public housing projects planned within the immediate neighbourhood; however, ongoing intensification of transport infrastructure and potential private residential redevelopment in adjacent precincts could introduce marginal supply pressures in the medium term. The Downtown Line expansion and long-term district planning are unlikely to meaningfully detract from the established supply-demand balance at 11 Toh Yi Drive, as the HDB market operates within distinct supply frameworks separate from private condominium markets. Buyers should monitor whether new private residential developments in adjacent precincts attract significant portion of tenant demand from young professionals, potentially exerting downward pressure on HDB rental yields; however, historical evidence suggests HDB rentals remain resilient even when private supply expands, as cost-conscious tenants continue prioritising affordability. For a 10-15 year investment horizon, future supply considerations should remain immaterial to 11 Toh Yi Drive's performance, though 25+ year buyers should monitor district planning and demographic trends shaping housing demand.

Hdb Flat At Toh Yi Drive — From S$1,200