Type

Units

Min Area

Price Range

1 BR

473 sqft

S$2,500/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$2,500.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$500 on this acquisition.
Located 11 min (880 m) from DT30 Bedok Reservoir 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.

114 Bedok North Street 2: A Established HDB Offering in East Singapore

114 Bedok North Street 2 represents a well-positioned housing option within one of Singapore's most established residential districts. Located along the vibrant Bedok North corridor, this development benefits from decades of neighbourhood maturity and comprehensive infrastructure investment. The address places residents within easy reach of both transport nodes and everyday amenities that define modern East Coast living.

The development sits approximately 11 minutes' walk—roughly 880 metres—from DT30 Bedok Reservoir MRT Station, a significant advantage for commuters and families prioritising convenient public transport access. This proximity has historically supported rental demand among young professionals and working couples who value the balance between affordability and connectivity. Properties in this vicinity continue to attract interest from both owner-occupiers and investors seeking exposure to a well-serviced residential belt.

Understanding the Market Position

HDB flats in the Bedok North precinct occupy a distinct niche within Singapore's housing landscape. Unlike newer Build-to-Order developments further east, this address carries the advantage of an fully matured estate with established facilities, a settled community, and proven resale liquidity. Buyers considering this location should recognise that pricing reflects both the accessibility of the MRT station and the inherent trade-offs of an older housing stock compared to contemporary private developments.

The compact unit formats available here appeal to multiple buyer cohorts. First-time purchasers often view this area as an affordable entry point into property ownership, whilst upgraders may target such addresses as interim stepping stones before moving into private residential enclaves. Investors have long recognised Bedok North as a stable, lower-volatility investment with consistent tenant demand driven by the locality's transport connectivity and proximity to employment hubs along the East Coast corridor.

Transport Connectivity and Long-Term Appreciation

Bedok Reservoir MRT Station's strategic position on the Downtown Line has substantially shaped property values across the wider neighbourhood. The station serves as a key interchange point for commuters travelling toward the Central Business District and beyond, creating sustained demand for residential units within walking distance. Historical data demonstrates that properties positioned within 1 kilometre of such transport nodes tend to experience steadier capital appreciation over extended holding periods, though this advantage must be weighed against age-related decay in the physical asset itself.

The 11-minute walk to the station is manageable for most age groups and fitness levels, making this address particularly attractive to families with children, retirees seeking accessible community living, and commuters who prioritise predictable journey times. Transport planners have indicated ongoing investment in feeder bus services and last-mile connectivity improvements across the East region, suggesting that accessibility advantages may strengthen over the coming decade.

Investment and Financing Considerations

Prospective buyers should understand the financial mechanics governing property acquisition at this address. For Singapore Citizens purchasing a second residential property, Additional Buyer's Stamp Duty (ABSD) currently applies at the rate of 20%, adding substantially to upfront acquisition costs. This consideration becomes material when calculating total outlay and expected cash-on-cash returns for investment-focused purchasers. A buyer acquiring a property here as a second residential asset should budget accordingly and factor ABSD into their overall investment thesis.

Financing availability remains generally robust for HDB flat purchases, with most banks offering mortgage terms of up to 25 years for properties of this age and location. Total Debt Service Ratio (TDSR) requirements typically limit monthly housing debt to 60% of gross household income, meaning that a buyer with consistent employment and clean credit history should find lending pathways relatively straightforward. Prospective mortgagors are advised to obtain loan pre-approval before entering negotiations, clarifying borrowing capacity and preferred tenure.

Rental Yield and Investment Potential

Investors evaluating this address as an income-generating asset should model rental yields conservatively. Bedok North commands broadly stable monthly rental rates reflecting the demographic composition of demand—primarily young working professionals, small families, and retirees on fixed incomes. Whilst gross rental yields for HDB flats in this vicinity typically hover between 3% and 4.5%, actual returns depend heavily on unit configuration, floor level, and precise proximity to the MRT station. Units positioned directly along the main thoroughfare may command rental premiums, whilst those on quieter secondary streets may attract extended lease terms at fractionally lower monthly rates.

Capital appreciation projections for HDB properties remain inherently limited compared to private residential assets, primarily because of lease decay considerations. As a flat ages and the lease tenure diminishes below 60 years remaining, resale values can compress rapidly unless the Selective En bloc Redevelopment Scheme (SERS) or other government intervention becomes applicable. Prudent investors should adopt a 10 to 15-year investment horizon and plan exit strategies accordingly, rather than viewing HDB properties as generational wealth-building tools.

Comparative Market Context

Recent transactional evidence across the Bedok North precinct shows that price-per-square-foot metrics have remained relatively stable over the past two to three years, with modest fluctuations reflecting broader HDB market sentiment. Comparable developments within the same distance band to Bedok Reservoir MRT station have traded within a narrow valuation band, suggesting limited arbitrage opportunities but also implying consistent demand support. Buyers seeking alternatives in this micromarket should survey nearby addresses along Bedok North Street and New Upper Changi Road to establish realistic pricing benchmarks and unit-type availability.

Estate Maturity and Neighbourhood Character

The Bedok North estate has matured considerably over recent decades, now hosting a diverse population spanning young families, upgrading professionals, and retirees ageing in place. This demographic breadth creates a stable, low-churn community environment and supports a wide variety of retail, dining, and service amenities. Residents benefit from established primary schools, a polyclinic, community centres, and multiple supermarket anchors—infrastructure that newer developments often require several years to accumulate. This maturity represents both an advantage for quality-of-life seekers and a potential constraint for those seeking aspirational, contemporary neighbourhood positioning.

Lease Considerations and Long-Term Viability

Any HDB flat transaction requires clarity on remaining lease tenure at point of acquisition. Properties in established estates such as Bedok North may have consumed 20 to 40 years of their lease terms already, necessitating careful financial modelling around future resale prospects as the lease duration inches closer to 60-year thresholds. Buyers must request full lease documentation during the transaction process and consider whether a 10-year or 20-year ownership horizon remains feasible given lease decay trajectories. Some purchasers may view a lease at 70+ years as acceptable for owner-occupation; others may deem it unsuitable for investment purposes.

Singapore Property maintains comprehensive market data and transaction archives that allow prospective buyers to benchmark this address against similar East Coast properties and model long-term ownership outcomes. Engaging qualified legal and financial advisors remains essential before proceeding with any property acquisition.

Frequently Asked Questions

What estimated rental yield can an investor expect from purchasing a unit at 114 Bedok North Street 2?

Rental yields for HDB properties at this Bedok North address typically range between 3% and 4.5% gross annual return, depending on unit configuration, floor level, and precise positioning relative to the MRT station. Units fronting major roads or enjoying direct MRT station sightlines tend to command marginally higher monthly rents, whilst those on quieter secondary streets may attract tenants accepting slightly lower rates in exchange for reduced traffic noise. Investors should model conservatively by assuming the lower end of this range and factoring in annual maintenance contributions, property tax, and potential void periods between tenancies—many experienced buy-to-let investors report net yields of 2.5% to 3.5% after accounting for these costs. The fundamental lease decay risk inherent in aging HDB properties means that this asset class generally suits income-focused investors with 10 to 15-year holding horizons rather than long-term buy-and-hold strategies.

How does pricing per square foot at 114 Bedok North Street 2 compare to recent transactions in the same district?

Recent transactional activity across the Bedok North precinct has established a relatively consistent price-per-square-foot band for HDB flats of comparable age and condition, with values fluctuating modestly around established mean points. Properties situated within 1 kilometre of Bedok Reservoir MRT Station—the distance bracket that 114 Bedok North Street 2 occupies—have traded at pricing levels that reflect both the transport convenience premium and the age-related discount inherent in older housing stock. Prospective buyers should obtain recent comparable sales data from the HDB resale portal and engage local market specialists to benchmark specific unit asking prices against this established band; properties priced significantly above or below peer comparables warrant investigation into unit condition, floor level, or other distinguishing characteristics. The relatively narrow spread in pricing across this micromarket suggests strong demand support but limited opportunity for sophisticated buyers to identify deeply undervalued acquisition targets.

What is the Additional Buyer's Stamp Duty (ABSD) impact for a Singapore Citizen purchasing a second residential property here?

Singapore Citizens acquiring a second residential property currently face ABSD at the rate of 20%, applied to the purchase price or market value (whichever is higher). For a property transacting at, for example, S$550,000, this represents an additional S$110,000 in stamp duty—a material cost that materially affects total acquisition outlay and must be carefully modelled into investment returns. Beyond ABSD, standard conveyancing costs including legal fees, survey fees, and initial registration charges will add a further 2% to 3% to the total transaction cost. First-time property buyers (acquiring their first residential property) do not face ABSD, making this address particularly competitive for owner-occupier first-timers; however, investors purchasing as a second property or upgraders holding existing residential assets must factor the 20% ABSD into their financial decision-making framework. Buyers are strongly advised to obtain from their legal representatives a detailed breakdown of all stamp duties and ancillary costs before commitment.

What lease decay risk and resale value impact should a buyer anticipate for properties at this address?

HDB properties, unlike private freehold or 999-year leasehold assets, experience legally mandated lease decay—the diminishing value that occurs as lease tenure erodes toward the 60-year threshold. A property at 114 Bedok North Street 2 may have already consumed 25 to 40 years of its original lease term, meaning the remaining tenure could range from 59 to 74 years depending on the exact age of the block. As remaining lease duration falls below 60 years, valuation compression accelerates markedly, with properties sometimes losing 5% to 15% of value annually in the final decade before lease expiry becomes imminent. Banks typically restrict mortgage lending on HDB properties with less than 50 years remaining lease, effectively reducing the pool of potential buyers and depressing selling prices. Owner-occupiers with a 10 to 15-year horizon may find this lease trajectory acceptable; however, investment-focused purchasers should carefully model exit timing and resale assumptions, as a buyer intending to hold for 20+ years may encounter substantial valuation headwinds in the final years of ownership. The HDB Selective En bloc Redevelopment Scheme (SERS) remains theoretically possible for aged estates but is not guaranteed, and thus should not form a central plank of a buyer's ownership strategy.

How does proximity to Bedok Reservoir MRT Station influence long-term demand and capital appreciation for this address?

Bedok Reservoir MRT Station, positioned on the Downtown Line (DT30), functions as a major urban transport nexus connecting residents to the Central Business District and peripheral employment zones. Properties within 1 kilometre of such stations—including 114 Bedok North Street 2 at approximately 880 metres—historically experience more stable rental demand and modest capital appreciation relative to housing further removed from MRT access. The 11-minute walk distance places this address within the 'primary catchment' for commuters, meaning the station's accessibility meaningfully influences tenant demographics and price expectations. Historical research has demonstrated that transport node proximity provides a valuation floor during property market downturns, as working professionals and students prioritising commute reliability maintain demand for well-positioned units even when broader property sentiment weakens. Over the coming decade, ongoing transport infrastructure investment across the East region—including potential enhancements to feeder bus services and last-mile connectivity—may further reinforce accessibility advantages and sustain rental appetite. However, buyers should recognise that MRT proximity benefits are already widely reflected in current asking prices; prospective purchasers should not assume that this transport advantage will generate outsized capital appreciation beyond historical precedent.

What buyer profiles is 114 Bedok North Street 2 best suited for, and why?

This address serves multiple buyer cohorts effectively. First-time property buyers often gravitate toward Bedok North HDB flats as an accessible entry point into home ownership, benefiting from relatively moderate entry prices and the absence of ABSD on their initial residential purchase; the mature estate infrastructure and established community also suit first-timers seeking lower-maintenance, low-churn residential environments. Upgraders—existing HDB flat owners seeking to acquire private property or move to other districts—may view this address as an interim stepping stone, particularly if their existing HDB property remains subject to lease decay concerns and necessitates faster exit. Young working couples and small families appreciate the transport connectivity to Eastern employment zones and the proximity to established schools and community amenities. Investors seeking stable, lower-volatility rental income have historically viewed Bedok North as a reliable choice, attracting tenants across multiple demographic brackets (young professionals, families, retirees) and maintaining consistent occupancy rates; however, these investors must adopt a relatively shorter holding horizon (10–15 years) to minimise lease decay exposure. High-net-worth individuals and luxury-focused buyers, conversely, typically avoid this address, preferring newer private developments offering contemporary finishes and higher aspirational positioning.

What are the TDSR and financing headroom implications for typical buyers at this price point?

Total Debt Service Ratio (TDSR) regulations require that a borrower's total monthly debt servicing (housing loan + other outstanding debts) does not exceed 60% of gross household income. For an HDB property at this address transacting at approximately S$550,000 with a buyer obtaining an 80% mortgage (S$440,000) over 25 years, the indicative monthly housing instalment would be roughly S$2,200–S$2,400 depending on prevailing interest rates. This means a household would require gross monthly income of approximately S$3,700–S$4,000 (assuming no other outstanding debts) to meet TDSR criteria—a threshold achievable by dual-income young professionals or established mid-career workers. Buyers carrying existing car loans, credit card debt, or personal loans will experience tighter TDSR headroom and may find their borrowing capacity constrained despite strong primary income levels. First-time buyers are advised to obtain mortgage pre-approval from multiple banks before proceeding, as pre-approval clarifies exact borrowing capacity and prevents surprises during the conveyancing phase. Interest rate movements directly impact housing instalment calculations; a 50-basis-point rise in prevailing mortgage rates can reduce effective borrowing power by 5% to 8%, underscoring the importance of locking in loan commitments promptly once a purchase target has been identified.

How does 114 Bedok North Street 2 compare to nearby competing HDB developments in terms of value and positioning?

The Bedok North precinct contains multiple established HDB estates spanning adjacent streets such as Bedok North Street 1, Bedok North Street 3, and addresses along New Upper Changi Road—all competing directly for the same buyer and tenant pools. Recent transactional evidence shows these comparable developments trade within a narrow pricing band, typically within ±5% of one another, reflecting standardised block ages, floor plans, and distance to the Bedok Reservoir MRT Station. Properties on Bedok North Street 2 do not command significant premiums over adjacent streets unless specific units enjoy superior views, renovated finishes, or exceptional floor levels. Some secondary streets (e.g., further removed from the main thoroughfare) occasionally offer fractional pricing discounts in exchange for quieter residential character—a trade-off that appeals to retirees and families prioritising noise reduction over proximity convenience. Prospective buyers should survey the broader Bedok North geography rather than focusing narrowly on a single address; doing so will reveal genuine relative value opportunities and prevent overpayment for marginal location differences. Agents and online portals typically list many competing units simultaneously, allowing side-by-side comparison of asking prices, unit layouts, and floor-level advantages across the entire micromarket.

Which unit stack levels or floor positions at this address offer superior value or desirable characteristics?

HDB flat values typically show modest variation across floor levels within the same block, with mid-floor units (roughly storeys 12–18 in a 20-plus-storey block) often commanding slight premiums due to optimal balance between natural light, noise insulation, and freedom from ground-level security concerns. Ground and first-few-floor units at 114 Bedok North Street 2 sometimes trade at fractional discounts, partly reflecting higher noise exposure from street-level traffic and motorcycle activity, and partly reflecting lower amenity value for families with young children or elderly residents. Very high floors (19+) may appeal to buyers prioritising expansive views and reduced street noise, though these units occasionally attract modest price premiums that may not justify the long elevator wait times and reduced accessibility for visitors or emergency services. For investor-focused purchasers, mid-stack units typically generate more consistent rental demand, as tenants value the balance between light, privacy, and practicality; conversely, high-floor units occasionally attract premium-paying tenants (young professionals, newly-married couples) willing to pay 5% to 10% above standard mid-floor rents for superior views and prestige. Buyers should physically inspect candidate units across multiple floor levels, evaluating actual light quality, ventilation characteristics, and ambient noise levels rather than relying solely on floor-level generalisation.

What future supply pipeline and redevelopment prospects exist for the Bedok North district over the next decade?

The Bedok North estate, having been developed in the 1980s and 1990s, falls outside the immediate redevelopment window of the HDB Selective En bloc Redevelopment Scheme (SERS), which typically targets much older estates (50+ years) approaching the end of productive economic life. Current HDB planning horizons do not prominently feature wholesale redevelopment of this precinct within the next 10 years; however, broader East region planning may eventually encompass estate rejuvenation or targeted new supply in adjacent locations. New Build-to-Order (BTO) developments continue to be launched in the greater East region—notably in areas like Pasir Ris, Hougang, and more recently, eastern extensions toward Changi—creating competitive supply alternatives for first-time buyers. The completion of these newer projects may exert downward or neutral pressure on pricing for older Bedok North properties, particularly if the newer developments offer contemporary finishes and lower lease-decay risk at only marginally higher prices. Conversely, ongoing transport investments, potential commercial zone enhancements around the Bedok Reservoir MRT Station node, and the established community infrastructure mean that demand from renters and owner-occupiers seeking convenience and stability should remain robust. Prudent buyers should monitor HDB's rolling five-year plan publications and local planning authority announcements for signals of major supply changes; such intelligence will inform whether to acquire now or wait for potential market repricings linked to new supply completion cycles.

Hdb Flat At 114 Bedok North Street 2 — From S$2,500