Type

Units

Min Area

Price Range

Other

150 sqft

S$1,000/mo – S$1,100/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$1,000 to S$1,100.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$200 on this acquisition.
Located 7 min (600 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.

2 Toh Yi Drive: Accessible Rental Living Near Beauty World

2 Toh Yi Drive stands as a well-established HDB residential estate offering flexible room rental options for tenants seeking quality accommodation in one of Singapore's most sought-after districts. Located in the heart of Bukit Timah, this development provides a practical solution for individuals and professionals looking for comfortable living within a maintained, secure community environment.

Location and Connectivity

The estate enjoys a strategic position just seven minutes' walk from DT5 Beauty World MRT station, placing residents within easy reach of the Downtown Line network. This proximity to rapid transit ensures seamless connectivity across the island, whether for employment in the Central Business District, studies at tertiary institutions, or leisure activities. The surrounding neighbourhood benefits from decades of established infrastructure, making it an ideal choice for those prioritising convenience and accessibility.

Beyond public transport, the estate sits within walking distance of major retail and dining destinations. Beauty World Centre, Bukit Timah Shopping Centre, and Beauty World Plaza provide comprehensive shopping and dining options, whilst the nearby Bukit Timah Market and Food Centre caters to those seeking hawker fare and fresh produce. The proximity to Upper Bukit Timah amenities further enriches the lifestyle available to residents, ensuring that daily necessities and recreational pursuits remain within easy reach.

Accommodation Options and Layout

The development offers multiple room configurations to suit varying tenant needs and preferences. Options range from spacious master bedrooms with approximately 220 square feet of usable space to more compact common rooms of around 140 square feet, each thoughtfully designed to maximise functionality within the constraints of efficient HDB planning. Rental rates begin from S$1,100 per month, with premium options commanding higher figures commensurate with size and positioning within the block.

Room layouts prioritise practical living, incorporating sufficient floor area for essential furnishings including beds, wardrobes, and dedicated study spaces. This consideration for workspace reflects the modern need for home-based work flexibility, a factor increasingly important for professionals and students alike. Shared kitchen and common areas foster a communal atmosphere whilst maintaining privacy within individual rooms, creating an appealing balance for tenants who value both independence and social connection.

Amenities and Facilities

The residential estate maintains high standards of cleanliness and upkeep, with well-landscaped common areas and efficient building management. The quiet character of the Toh Yi neighbourhood contrasts favourably with busier commercial precincts, offering residents a peaceful setting conducive to rest and personal pursuits. This tranquil environment does not come at the cost of isolation, however—the estate's location ensures that convenience remains paramount.

Educational facilities abound in the immediate vicinity, making the estate particularly attractive for families with school-age children or students pursuing tertiary qualifications. Business districts remain within reasonable commuting distance via public transport, serving professionals employed across Singapore's varied employment hubs. For those prioritising healthcare access, established clinics and medical facilities are distributed throughout the surrounding neighbourhood.

Target Tenant Profiles

The flexible room offerings at 2 Toh Yi Drive appeal to diverse tenant demographics. Single professionals seeking an affordable yet conveniently located base find the space sufficient for personal and professional needs. Students attending universities or vocational institutions benefit from the proximity to educational precincts and the availability of smaller rooms at lower price points. Young couples and small families may gravitate towards the larger master bedroom options, appreciating the balance between space and affordability.

Expat professionals and relocating Singaporeans often find HDB rental in established estates such as Toh Yi particularly attractive, owing to the transparency of the rental framework and the stability of the neighbourhood. The established community also provides reassurance regarding the quality of building management and the consistency of the living environment over time.

Investment Perspective for Potential Purchasers

For investors contemplating the acquisition of a unit for rental purposes, 2 Toh Yi Drive presents a compelling proposition given the strong tenant demand in the Bukit Timah district. The proximity to Beauty World MRT station underpins consistent rental interest across multiple tenant segments, providing reasonable confidence in occupancy rates. Rental yields in HDB estates near established MRT nodes typically range between 3% and 5% gross, though individual outcomes depend on unit configuration, floor level, and prevailing market conditions.

Prospective owner-occupiers and investors must factor in the Additional Buyer's Stamp Duty (ABSD) when acquiring a second residential property as a Singapore Citizen. The current ABSD rate of 20% applies to such purchases, materially impacting the total cost of acquisition and consequently the investment mathematics. This consideration assumes heightened importance for those holding existing residential property, necessitating careful financial planning and consultation with professional advisors.

Market Position and Competitive Context

The HDB rental market in Bukit Timah remains robust, with established estates such as Toh Yi competing effectively against newer developments by virtue of their location pedigree and established community infrastructure. Whilst newer private residential offerings may command premium positioning, HDB estates provide superior value propositions for cost-conscious tenants and value-focused purchasers. The democratisation of the Bukit Timah neighbourhood, where HDB flats coexist with private landed property and condominiums, reinforces the broad appeal of the district across multiple market segments.

Future Considerations

The Bukit Timah district faces limited future supply pipeline given its fully developed status, suggesting that established estates such as 2 Toh Yi are unlikely to face significant direct competition from new supply. This scarcity may support long-term value stability, though investors should remain cognisant of lease tenure considerations inherent to HDB ownership. Properties approaching the halfway point of their lease term may experience accelerated lease decay, impacting resale values and investment returns over extended holding periods.

For those acquiring units with substantial remaining lease terms, these considerations remain less pressing, though prudent investors should evaluate lease runway as part of their due diligence process. The predictability of HDB policy and the transparent regulatory framework surrounding leasehold tenure in Singapore provide a degree of certainty absent in some alternative investment classes.

Accessing 2 Toh Yi Drive

Prospective tenants, owner-occupiers, and investors interested in exploring the available options at 2 Toh Yi Drive are encouraged to arrange viewings to assess the suitability of specific units for their requirements. The estate's accessibility via public transport, combined with its proximity to diverse amenities, merits personal inspection to fully appreciate the lifestyle proposition on offer. Professional guidance from real estate advisors familiar with the HDB market and the Bukit Timah district can further inform decision-making processes.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 2 Toh Yi Drive as an investment property?

HDB flats in established estates near MRT stations typically generate gross rental yields between 3% and 5%, and 2 Toh Yi Drive's proximity to Beauty World MRT (DT5) positions it favourably within this range. Actual yields depend on the specific unit configuration, floor level, facing, and prevailing market rental rates, which fluctuate based on tenant demand cycles and broader economic conditions. Investors should factor in property tax, maintenance contributions, and management expenses when calculating net returns, as these costs reduce gross yield figures and impact overall investment performance.

How does the price per square foot at 2 Toh Yi Drive compare to recent HDB transactions in the Bukit Timah area?

The Bukit Timah HDB market has historically commanded premiums relative to outer-ring estates, given the district's established infrastructure, strong MRT connectivity, and amenity richness. Recent transacted prices in the area typically range between S$850 and S$1,050 per square foot depending on unit type, age, and remaining lease duration. 2 Toh Yi Drive, as an established estate with direct MRT proximity, positions competitively within this range, offering value-conscious purchasers and tenants access to a prime district without the premium commanded by newer developments or private residential alternatives in the same neighbourhood.

What is the Additional Buyer's Stamp Duty (ABSD) impact on purchasing a second residential property at 2 Toh Yi Drive?

Singapore Citizens purchasing a second residential property currently face an ABSD of 20% applied to the purchase price, materially increasing acquisition costs beyond the base price and standard stamp duties. For a unit at 2 Toh Yi Drive transacted at S$500,000, this equates to an ABSD liability of S$100,000, substantially affecting investment economics and financing requirements. Investors and second-property purchasers must model this significant cost impact when evaluating return potential and ensuring adequate financing headroom, as it directly reduces net capital available for the investment and extends the payback period relative to owner-occupied alternatives.

What are the lease decay risks and resale value implications for HDB units at 2 Toh Yi Drive?

HDB leases in Singapore are typically 99 years from the original grant date, and as leases decline below 80 years remaining, resale values experience measurable depreciation driven by financing constraints and buyer purchasing power limitations. Units at 2 Toh Yi Drive with substantial remaining lease terms (70+ years) present lower lease decay risk in the medium term, though purchasers approaching the halfway point of the lease should carefully evaluate long-term capital preservation. The Housing and Development Board's lease top-up scheme allows leaseholders to extend leases, but this involves additional costs and administrative processes, making early planning advisable for those holding properties over extended periods.

How does proximity to Beauty World MRT station (DT5) influence demand and capital appreciation at 2 Toh Yi Drive?

MRT proximity is a primary demand driver for HDB properties, and Beauty World's position on the Downtown Line provides direct connectivity to the Central Business District, Marina Bay, and tertiary institutions across the island. Historically, properties within 5-10 minutes' walk of MRT stations command sustained tenant demand and experience more stable capital appreciation trajectories compared to estates lacking such connectivity. The established nature of the Bukit Timah district and the permanence of MRT infrastructure provide confidence that this accessibility premium is likely to persist, underpinning long-term value stability and marketability for both owner-occupiers and investors.

Which buyer profiles is 2 Toh Yi Drive most suitable for?

First-time buyers benefit from the lower entry price point and established neighbourhood character, whilst families appreciate the amenity-rich location and proximity to schools. Young professionals and expat relocations find the MRT accessibility and rental flexibility attractive for both purchase and rental considerations. Upgraders seeking to maintain exposure to the Bukit Timah district whilst optimising space and affordability often find HDB options at 2 Toh Yi Drive compelling relative to private alternatives. Investors focused on stable rental income with moderate capital appreciation and consistent tenant demand across multiple demographics find the estate's market position well-aligned with long-term portfolio objectives, particularly for those seeking exposure to established districts without the volatility of newer developments.

What financing headroom should I expect at typical price points for 2 Toh Yi Drive, and does TDSR affect borrowing capacity?

The Total Debt Servicing Ratio (TDSR) framework typically permits borrowing up to 55% of gross monthly income for Singaporeans, with HDB properties often financed through HDB loans offering competitive rates and terms extending to 25 years. At typical transacted prices for the estate ranging between S$400,000 and S$600,000, owner-occupiers with household income of S$8,000 to S$10,000 monthly can typically service loans comfortably within TDSR constraints. Second-property purchasers and investors face stricter TDSR calculations and may encounter tighter financing limits, necessitating larger down payments to accommodate the ABSD liability and maintain serviceable debt-to-income ratios, particularly in a rising interest rate environment.

How does 2 Toh Yi Drive compare to nearby competing HDB developments in the Bukit Timah area?

Established estates such as King Albert Park and Toh Yi sit within the same broad market segment, competing on location desirability, amenity access, and MRT connectivity rather than on newness or modern finishes. King Albert Park commands slight positioning premiums owing to its more recent development phase and modern architecture, whilst Toh Yi counters with maturity, community establishment, and proven rental demand across multiple tenant segments. The competitive differentiation between these estates is often marginal in terms of fundamental value proposition, with choice frequently determined by specific unit availability, floor preferences, and individual amenity proximity rather than development-level material differences.

Are certain unit stacks or floor levels at 2 Toh Yi Drive more valuable than others?

Mid-range floors (typically levels 4-20 in HDB blocks) often present the best value proposition, avoiding both basement exposure and the premium pricing sometimes commanded by higher levels for light and views. Units facing less trafficked roads or with orientation towards established green spaces often sustain stronger rental appeal and capital preservation. Corner units and those with fewer adjacent residents similarly attract premium interest, though the price premiums must be weighed against the specific tenant profile seeking the property—some renters prioritise window count and natural light, whilst others prioritise privacy and reduced noise from shared pathways, creating differentiated demand across floor levels and stackings within the estate.

What is the future supply pipeline in the Bukit Timah district, and how might it affect values at 2 Toh Yi Drive?

Bukit Timah is a substantially fully developed district with minimal land availability for new HDB construction, suggesting that major new supply additions are unlikely over the medium to long term. This supply scarcity supports value stability for established estates such as 2 Toh Yi by limiting direct new competition and maintaining the relative desirability of existing stock. Private residential developments in adjacent precincts may introduce aspirational alternatives that attract some segments upmarket, but the absence of new HDB supply at comparable price points limits downward pricing pressure, providing a structural support for capital values and rental demand persistence across multiple economic cycles.

Hdb Flat At Toh Yi Drive — From S$1,000