Type

Units

Min Area

Price Range

2 BR

731 sqft

S$405K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$405K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$81,000 on this acquisition.
Located 16 min (1.36 km) from EW4 Tanah Merah 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.

124 Bedok North Road: Established HDB Living in East Singapore

124 Bedok North Road represents a substantial residential opportunity within the Bedok planning district, one of Singapore's most established and well-serviced public housing areas. Situated along a principal thoroughfare that has served the east region for decades, this development consolidates the characteristics that have made Bedok a consistently attractive choice for families, upgraders, and property investors alike.

The flats at this address are positioned approximately 1.36 kilometres from Tanah Merah MRT station on the East-West line (EW4), a journey of roughly 16 minutes on foot or accessible via a short bus connection. This proximity to the metro network ensures straightforward connectivity to employment centres, shopping districts, and leisure destinations across the wider urban landscape. The East-West line itself forms a critical spine of Singapore's transport infrastructure, linking residential precincts directly to the Marina Bay financial core and western industrial zones.

Neighbourhood Character and Community Infrastructure

Bedok has matured over multiple residential cycles into a neighbourhood renowned for its comprehensive community provision. Schools serving primary through secondary levels are established throughout the district, with several institutions ranked highly in national performance metrics. The local retail and dining landscape extends far beyond essential services, encompassing shopping malls, hawker centres, and dining destinations that cater to diverse household preferences. Community clubs, sports facilities, and parks provide structured recreational options for residents of all ages, reinforcing the district's appeal to families contemplating medium to long-term settlement.

The immediate vicinity of 124 Bedok North Road benefits from this maturity without the density pressures of newer growth areas. Residents enjoy established routines, familiar local networks, and infrastructure that has been refined through decades of community feedback and municipal investment. This stability, whilst perhaps lacking the novelty of emerging precincts, appeals particularly to those seeking predictable liveability and proven neighbourhood fundamentals.

Property Specifications and Layout Efficiency

Units within this development feature thoughtful spatial organisation across contemporary floorplans. The 2-bedroom configurations encompass approximately 731 square feet of built area, a dimension that reflects efficient use of space whilst providing distinct functional zones for sleeping, living, and dining activities. Dual bathroom provision caters to the modern household's expectation for convenience and privacy, a feature that enhances the development's appeal to both family groups and investors targeting the rental market.

The scale of these properties positions them comfortably within the mid-range of HDB offerings, suitable for upgraders transitioning from smaller configurations and for first-time purchasers seeking more generous proportions than entry-level stock. For investors, the bedroom and bathroom count represents a sweet spot in terms of market rental demand, attracting tenants across multiple life-stage categories.

Pricing and Market Position

Properties at 124 Bedok North Road are priced from approximately S$405,000, positioning the development within a range that reflects Bedok's established status without the premium typically associated with waterfront or newly completed precincts. This price point sits at a natural convergence for upgraders seeking to move into larger configurations and for investors looking to deploy capital with reasonable entry costs and anticipated rental yields. The per-square-foot valuation reflects both the inherent appeal of the Bedok location and the relative maturity of the housing stock, with prices informed by recent comparable transactions throughout the east region.

Investment and Owner-Occupancy Prospects

For owner-occupiers, the development serves multiple household needs: young families building equity whilst maintaining manageable mortgage obligations, upgraders seeking to move from smaller properties without overextending financially, and investors constructing diversified residential portfolios. The presence of the MRT station within walking distance enhances the property's enduring appeal, as transport accessibility remains a primary driver of demand across Singapore's residential market.

Investors contemplating purchase should note that second property acquisitions by Singapore Citizens incur Additional Buyer's Stamp Duty at the rate of 20%, a meaningful cost consideration that affects the overall capital requirement and cash-on-cash return calculations. This taxation level underscores the importance of viewing such purchases within a medium to long-term capital appreciation framework rather than relying solely on short-term rental arbitrage.

Lease Structure and Long-Term Value Retention

As HDB stock, properties at this address are organised under Singapore's standard public housing lease framework. The lease tenure provides the statutory foundations for secure residential occupation and forms the basis for mortgage accessibility through standard lending institutions. Over the longer term, lease progression remains a factor influencing property valuations, with the Singapore government's established frameworks for lease renewal and upgrading providing baseline security for long-term investors and owner-occupiers.

The established nature of the Bedok precinct means that these properties have benefited from multiple cycles of community investment and infrastructure maturation, fundamentals that traditionally support steady capital preservation and gradual appreciation across economic cycles.

Future Considerations for the East Region

The East district continues to receive strategic municipal focus, with ongoing refinements to transport connectivity, retail provision, and community facilities. The Tanah Merah station itself sits at the nexus of planned east coast developments, positioning residents of 124 Bedok North Road to benefit from forward infrastructure planning. As Singapore's urban framework continues to evolve, the combination of established neighbourhoods and emerging transport improvements typically generates sustained demand for residential stock within accessible east-facing locations.

For prospective buyers evaluating 124 Bedok North Road, the fundamental appeal rests upon a combination of neighbourhood stability, transport accessibility, moderate pricing, and the reliable demand characteristics of a mature residential precinct. This development represents not a speculative opportunity but rather a solid residential choice for those valuing liveability, community infrastructure, and straightforward market fundamentals.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 124 Bedok North Road as an investment property?

HDB flats at 124 Bedok North Road typically attract rental yields in the region of 3-4% gross annually, depending on exact unit configuration and prevailing market conditions. The 2-bedroom layout at approximately 731 square feet addresses a consistent renter demographic spanning young professionals, small families, and upgraders, ensuring steady tenant demand throughout economic cycles. To calculate your specific cash-on-cash return, you must account for the 20% Additional Buyer's Stamp Duty applicable to second property purchases by Singapore Citizens, as well as maintenance sinking fund contributions, property tax, and potential agent commissions, all of which reduce net yield figures.

How does the per-square-foot pricing at 124 Bedok North Road compare to other recent HDB transactions in Bedok?

At a stated price of approximately S$405,000 for units around 731 square feet, the per-square-foot valuation sits within the contemporary range for Bedok HDB stock, typically ranging from approximately S$550 to S$600 per square foot depending on floor level, orientation, and exact configuration. Recent comparable transactions in the broader Bedok precinct have reflected steady pricing with modest annual appreciation, reflecting the district's mature status and the consistent demand for established housing stock with proven neighbourhood amenities. When evaluating price competitiveness, consider that Bedok's established MRT connectivity, schools, and retail infrastructure justify pricing at a small premium to newer or more remote east region precincts.

What is the Additional Buyer's Stamp Duty impact if I am a Singapore Citizen buying this as my second property?

As a Singapore Citizen purchasing a second residential property, you are liable for Additional Buyer's Stamp Duty at the current rate of 20% of the property price. On a purchase price of S$405,000, this equates to approximately S$81,000 in ABSD liability, a substantial cost that must be factored into your overall capital requirement and investment returns. This tax is payable upon completion and significantly elevates the true acquisition cost, making it essential to calculate your financing capacity and expected investment timeline with this duty expense explicitly included in your budgeting framework.

Does lease decay present a risk to resale value for properties at 124 Bedok North Road?

As HDB stock, properties at 124 Bedok North Road operate under Singapore's statutory lease framework, and the Singapore government maintains established protocols for lease renewal and upgrading to ensure long-term asset stability. The maturity of the Bedok precinct means these properties have already undergone multiple lease cycles, and historical data demonstrates that HDB stock in established precincts retains steady valuation through lease progression. However, as with all leasehold properties, buyers should be aware that properties with remaining lease tenures below 60 years may face financing challenges with certain lenders and may experience more pronounced capital depreciation as lease maturity approaches; seek professional valuation advice if contemplating purchase of units with significantly elapsed lease periods.

How does proximity to Tanah Merah MRT station affect demand and capital appreciation for 124 Bedok North Road?

The 1.36-kilometre distance to Tanah Merah MRT station (EW4) positions residents approximately 16 minutes walking time from a major metro interchange, a connectivity advantage that materially enhances property desirability and supports long-term capital appreciation. Transport accessibility remains the primary driver of residential demand across Singapore, and properties within easy walking distance of operational MRT stations historically command steady appreciation premiums relative to more remote locations. The East-West line itself serves critical employment and leisure nodes, ensuring sustained commuter demand; this established connectivity profile supports both rental income stability and baseline capital preservation across multiple economic cycles.

Is 124 Bedok North Road suitable for first-time property buyers, upgraders, and high-net-worth investors alike?

The development serves distinctly different buyer profiles with differing motivations and capital constraints. First-time buyers can access the market with a moderate entry price of approximately S$405,000, though financing arrangements must accommodate both standard mortgage payments and the various stamp duties applicable to initial purchase. Upgraders transitioning from smaller HDB units find the 2-bedroom layout and established neighbourhood infrastructure aligned with family growth aspirations, whilst the established transport and retail landscape supports long-term settlement without anticipating relocation. High-net-worth investors may view 124 Bedok North Road as a stable, lower-volatility component of diversified residential portfolios, appealing for its predictable demand fundamentals and absence of speculative pricing pressures rather than for capital appreciation intensity; however, the 20% ABSD levy on second property purchases makes careful return modelling essential.

What TDSR and financing headroom should I expect when financing a purchase at 124 Bedok North Road?

The Total Debt Servicing Ratio (TDSR) framework limits your monthly mortgage obligations to 60% of gross monthly income; at a purchase price of approximately S$405,000, a typical mortgage might require monthly instalments of approximately S$1,800-S$2,200 depending on loan tenure and prevailing interest rates, implying a minimum annual income threshold of roughly S$36,000-S$44,000 for comfortable financing clearance. This threshold sits well within the reach of dual-income households and many single earners, positioning 124 Bedok North Road within accessible financing parameters for middle-income purchasers. However, the 20% ABSD requirement on second property purchases effectively elevates your total capital need to approximately S$486,000, necessitating larger down-payment reserves or alternative financing structures; consult a mortgage broker to model exact scenarios aligned to your income profile.

How does 124 Bedok North Road compare to other competing HDB developments in the Bedok precinct?

The Bedok planning district contains several HDB developments spanning multiple construction eras, each with distinct characteristics regarding age profile, facilities provision, and community maturity. 124 Bedok North Road competes primarily with other 2-3 bedroom configurations across comparable precincts, with pricing differentiation driven by floor level, unit orientation, and exact distance to transport nodes and retail centres. Competing properties in nearby Bedok addresses may offer similar square footage at marginally lower price points if located further from MRT stations, whilst newer HDB developments in emerging east region locations may command premium pricing despite less-established neighbourhood infrastructure; your selection should weigh price sensitivity against the established liveability factors that Bedok's maturity provides.

Which unit stacks or floor levels offer the best value at 124 Bedok North Road?

Within HDB developments, middle-floor units (typically floors 3-10) often provide optimal value, balancing lift accessibility, reduced ground-level noise intrusion, and modest price premiums relative to lower floors whilst avoiding the elevated pricing of higher storeys with harbour or district views. Lower-middle floors typically attract pricing at modest discounts to peak-price upper levels, offering purchasing households better capital deployment efficiency without sacrificing amenity benefits. However, individual preferences regarding light exposure, potential view characteristics, and psychological comfort with floor height vary significantly; prospective buyers should physically visit and inspect multiple stack options across the development to identify personal preferences, then cross-reference those preferences against the specific pricing within current available inventory.

What future supply pipeline developments exist in the East region that might impact 124 Bedok North Road property values?

The East district continues to receive strategic infrastructure investment focused on transport enhancement and mixed-use development clustering around major MRT nodes. The Tanah Merah station vicinity has been identified in municipal planning frameworks as a focus area for future mixed-use intensification, potentially introducing additional retail and leisure options that enhance the neighbourhood's appeal without directly competing for residential supply. New HDB developments in outlying east precincts (such as Tampines extensions or emerging growth areas) may absorb some new-buyer demand, but these typically serve different buyer cohorts seeking newest construction and emerging neighbourhood amenities rather than cannibalising demand for established Bedok stock. The absence of significant new HDB supply immediately within the Bedok precinct itself supports baseline demand stability for existing properties like those at 124 Bedok North Road.

What is the sinking fund obligation and total cost of ownership I should budget beyond the purchase price and mortgage?

HDB properties require mandatory contributions to the Sinking Fund for building maintenance and upgrading, typically ranging from approximately S$70-S$120 monthly depending on the property's age, size, and building condition, funds accumulated for future structural repairs and improvements. Beyond this, standard property tax applies to all residential properties, typically between S$5-S$15 monthly for HDB flats depending on assessed value, and you should budget for ongoing utilities, maintenance insurance, and potential ABSD-related cash flows if applicable. Over a 30-year ownership horizon, these ongoing costs accumulate substantially; a realistic total-cost-of-ownership model should incorporate sinking fund escalation, property tax adjustments, and anticipated rental yield taxation if the property is investment-focused, ensuring your purchasing decision accounts for the full financial commitment rather than mortgage payments alone.

[For Sale] Hdb Flat At Bedok North Road — From S$405K