Type

Units

Min Area

Price Range

3 BR

1109 sqft

S$3,500/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$3,500.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$700 on this acquisition.
Located 12 min (980 m) from EW1 Pasir Ris 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.

406 Pasir Ris Drive 6: HDB Living in an Established East Singapore Location

406 Pasir Ris Drive 6 represents a well-established housing development in one of Singapore's most developed residential precincts. Situated in Pasir Ris, this HDB project has become a fixture in the district's residential landscape, attracting diverse buyer and tenant profiles seeking affordable, practical housing solutions in an established community with robust infrastructure support.

The development's location offers one of the primary advantages of Pasir Ris living: connectivity. Standing just under one kilometre from Pasir Ris MRT Station on the East-West Line, residents benefit from direct access to Singapore's key business districts, educational institutions, and shopping centres. The station itself serves as a major transport hub, with bus services extending throughout the region and beyond, making commuting to both the city fringe and central business district manageable for working professionals.

Layout and Unit Composition

The project encompasses a selection of HDB units across multiple bedroom configurations. Available units range across different sizes, enabling a variety of buyer cohorts—from first-time owners seeking entry-level ownership to upgraders requiring more spacious family homes. The typical floor area for units in this development spans approximately 1,100 square feet or more, providing practical living arrangements with separate living spaces, multiple bedrooms, and dedicated utility areas.

The multi-floor structure of the block means that different stack positions offer varying degrees of natural light, ventilation, and views over the surrounding residential landscape. Lower and mid-level units often appeal to families with young children, whilst higher storeys attract buyers seeking improved sightlines and reduced ambient noise from ground-level activities. Corner units tend to command premium positioning within the project owing to their superior cross-ventilation and additional window exposure.

Neighbourhood Character and Amenities

Pasir Ris has matured into a comprehensive residential destination with substantial commercial and social infrastructure. The area hosts multiple shopping centres, wet markets, hawker centres, and dining establishments catering to the established resident base. Healthcare facilities, including polyclinics and private medical centres, serve the district's population. Educational institutions spanning primary, secondary, and tertiary levels are well represented, making the precinct particularly attractive to families with school-age children.

Recreational spaces within Pasir Ris include parks, sports facilities, and community centres that support active lifestyles. The district's waterfront location near Pasir Ris Park provides natural amenities and green space, contributing to the area's appeal as a balanced residential neighbourhood rather than purely commercial or industrial zone.

Investment Potential and Rental Market

From an investment perspective, HDB properties in established locations like Pasir Ris maintain consistent rental demand. Young professionals entering the job market, expatriates seeking affordable accommodation, and families relocating to the east side of Singapore frequently seek rental units in this area. The proximity to Pasir Ris MRT Station enhances rental appeal, as tenants value time-efficient commutes to employment centres across the island.

Rental yields for HDB developments at this stage of maturity typically range from 3% to 5% gross yield, dependent on precise unit configuration, floor level, and market conditions at the time of investment. Investors should note that HDB regulations govern subletting policies, with minimum occupancy periods and approval requirements applying to rental activities. Serious investors should familiarise themselves with current HDB rental guidelines before purchase.

Financing and Purchase Considerations

As an HDB property, 406 Pasir Ris Drive 6 benefits from lower price points compared to private residential alternatives, broadening access to homeownership for middle-income households. However, Singapore Citizens and Permanent Residents contemplating purchase as a second residential property should factor in Additional Buyer's Stamp Duty at the current rate of 20% applied to the purchase price, substantially increasing acquisition costs beyond the base property value.

Mortgage financing for HDB properties remains accessible through banks and HDB's own loan schemes, with competitive interest rates reflecting the stable, lower-risk profile of public housing assets. Buyers should assess their Total Debt Service Ratio in relation to household income to ensure comfortable repayment capacity over the loan tenure. First-time buyers benefit from exemption from ABSD, making initial ownership considerably more affordable than subsequent purchases.

Capital Appreciation and Market Dynamics

Established HDB blocks in mature estates like Pasir Ris have demonstrated resilient capital appreciation over extended holding periods, though appreciation rates tend to moderate as properties age and lease tenure decays toward the 99-year mark. The strength of the MRT connection, sustained demand from a large residential population base, and continued infrastructure investment by government agencies support continued relevance of the location.

The district's status as a complete, established neighbourhood rather than an emerging growth area means appreciation is typically steady rather than speculative. Properties in Pasir Ris have historically attracted long-term holders prioritising stability and occupancy over rapid capital gains, contributing to the relatively balanced and non-volatile market dynamics observed in the area.

Competing Developments and Comparative Value

Pasir Ris hosts multiple HDB blocks and several private residential projects, creating a competitive landscape that keeps pricing transparent and market-driven. Other HDB developments within the same district offer similar floor areas and configurations, meaning buyers can readily compare unit specifications, pricing, and rental potential across the immediate neighbourhood. Private residential alternatives in nearby areas command significant premiums, reinforcing the value proposition of HDB ownership for budget-conscious buyers.

The maturity and establishment of Pasir Ris as a residential hub means transaction volumes remain steady, transaction records are readily available for benchmarking, and valuation methodologies applied by banks and appraisers are well-calibrated to local conditions. This transparency benefits both purchasers and investors in assessing fair value and market position.

Suitability for Different Buyer Profiles

First-time buyers benefit from ABSD exemptions and relatively modest absolute purchase prices, making 406 Pasir Ris Drive 6 an accessible entry point into homeownership. The established amenities and connectivity make it suitable for singles and young couples establishing their first residential base.

Upgraders seeking larger family units benefit from available unit options and the area's family-friendly character, with schools, parks, and healthcare facilities well distributed throughout the precinct. Families with children particularly value the stable, developed infrastructure and recreational opportunities.

Investors appreciate the combination of affordable acquisition price, steady tenant demand, and transparent market conditions. The rental market in Pasir Ris remains active, though investors should temper expectations regarding exceptional yields given the mature, stable character of the area.

Future Outlook and Planning Considerations

As an established HDB development, 406 Pasir Ris Drive 6 exists within a mature residential precinct with limited large-scale new supply expected. This relative scarcity of new inventory supports continued relevance and occupancy of existing stock. However, potential development of competing private residential schemes in adjacent areas or within the broader Pasir Ris planning zone could influence longer-term supply-demand dynamics.

Buyers and investors should monitor Housing and Development Board announcements regarding estate rejuvenation initiatives, upgrading programmes, or planning changes that might affect the long-term trajectory of the estate and surrounding neighbourhood. Such initiatives have historically supported property values and tenant appeal in mature estates undergoing planned improvements.

Frequently Asked Questions

What rental yield might an investor expect from purchasing a unit at 406 Pasir Ris Drive 6?

HDB properties in established locations like Pasir Ris typically generate gross rental yields ranging from 3% to 5%, depending on specific unit configuration, floor level, and prevailing market rental rates at the time of purchase. Investors should calculate net yield after accounting for property tax, maintenance fees, insurance, and any management costs incurred if using a rental agent. The proximity to Pasir Ris MRT Station enhances rental appeal amongst tenants seeking efficient commutes, which generally supports consistent demand and competitive rental pricing throughout the year.

How does pricing at 406 Pasir Ris Drive 6 compare to recent per-square-foot transactions in the Pasir Ris area?

HDB properties in Pasir Ris have historically traded within a defined price range per square foot, reflecting their established market position and standardised specifications. Recent transactions in the broader precinct suggest price ranges that align with comparable HDB developments in the same district, though individual unit pricing will vary based on floor level, unit stack position, remaining lease tenure, and unit renovation condition. Buyers should review recent comparable sales data through property portals and HDB transaction records to establish baseline valuation benchmarks specific to their target floor area and configuration.

What is the Additional Buyer's Stamp Duty impact for a Singapore Citizen buying a second residential property at 406 Pasir Ris Drive 6?

A Singapore Citizen purchasing their second residential property must pay Additional Buyer's Stamp Duty at the current rate of 20% calculated on the purchase price. For a property valued at S$400,000, this would equate to S$80,000 in ABSD—a substantial acquisition cost that materially increases the effective price of purchasing a second home. First-time buyer status exempts purchasers from ABSD entirely, creating a significant financial advantage for those buying their first residential property compared to subsequent purchases.

What lease decay risks should buyers at 406 Pasir Ris Drive 6 be aware of, and how does remaining lease affect resale value?

HDB properties operate on 99-year leases, and as years pass, remaining lease tenure decreases, which can impact resale value and financing eligibility. Banks typically apply stricter lending criteria as lease tenure falls below 60 years, and valuation tends to decline more sharply below the 40-year mark. Properties at 406 Pasir Ris Drive 6 should be assessed for remaining lease tenure—if the block was completed decades ago, remaining lease may have already declined meaningfully, which could limit buyer pool, reduce valuation, and affect financing accessibility for future purchasers.

How does proximity to Pasir Ris MRT Station affect property demand and capital appreciation potential?

MRT connectivity ranks amongst the most significant drivers of demand and capital appreciation in Singapore's residential property market. Properties within walking distance of a major MRT station attract broader buyer and tenant pools, including young professionals, students, and families prioritising time-efficient commutes to employment and educational centres across the island. The East-West Line connection via Pasir Ris MRT Station provides direct access to central business districts, meaning residents can reach major employment nodes within 20-30 minutes, supporting sustained demand for accommodation in the precinct and contributing to more resilient capital appreciation compared to car-dependent locations.

Is 406 Pasir Ris Drive 6 suitable for high-net-worth individuals, upgraders, first-time buyers, and investors?

The development appeals across multiple buyer categories, though in different ways. First-time buyers benefit from ABSD exemptions and entry-level pricing that makes homeownership financially accessible. Upgraders seeking family accommodation appreciate multiple unit sizes and the established, family-friendly neighbourhood character with schools and parks. Investors value the affordable acquisition price, transparent market conditions, and consistent tenant demand supported by MRT proximity. However, high-net-worth individuals typically gravitate toward private residential alternatives offering premium finishes, lower-density living, and investment exclusivity rather than public housing, making 406 Pasir Ris Drive 6 less aligned with that buyer segment's priorities.

What TDSR headroom and financing accessibility might typical buyers expect at price points for 406 Pasir Ris Drive 6?

HDB properties at 406 Pasir Ris Drive 6 command lower absolute prices than private residential alternatives, which typically improves TDSR ratios for buyers meeting income thresholds. For a property valued around S$400,000-S$500,000 financed at 80% loan-to-value over 25 years, monthly servicing costs would fall in the range of S$1,500-S$2,000, comfortably manageable for dual-income households earning S$5,000-S$8,000 monthly. Banks apply standard TDSR caps at 55% of gross household income, meaning couples earning S$4,500 monthly could comfortably service such financing. First-time buyers should factor in that ABSD does not apply, preserving down-payment capacity that would otherwise be consumed if purchasing a second property.

How does 406 Pasir Ris Drive 6 compare to competing HDB developments and private residential projects in Pasir Ris?

Pasir Ris hosts multiple HDB blocks offering similar floor areas, configurations, and price points, creating direct competition that keeps the market efficient and pricing transparent. Other HDB developments in the precinct provide viable alternatives with comparable specifications, meaning buyers can benchmark unit options, floor stacks, and pricing across several blocks to identify optimal value. Private residential schemes in Pasir Ris command substantial premiums reflecting higher specification, lower density, and amenity packages that appeal to different buyer demographics. For budget-focused buyers prioritising affordability and accessibility, HDB options like 406 Pasir Ris Drive 6 offer substantially better value than private alternatives.

Which unit stacks or floor levels at 406 Pasir Ris Drive 6 typically offer the best value proposition?

Mid-level units (floors 7-15 approximately) often provide optimal value balance, offering improved ventilation, natural light, and sightlines compared to lower floors whilst incurring modest pricing premiums relative to ground-level units affected by ambient noise and reduced privacy. Corner units command value premiums due to superior cross-ventilation but may not justify the additional cost for budget-conscious buyers. Lower floor units appeal to elderly residents or families with young children minimising stair/lift usage. Serious purchasers should physically inspect multiple floor levels and stacks, assess orientation relative to prevailing winds and sun exposure, and consider personal lifestyle priorities before determining optimal floor-level positioning.

What future housing supply pipeline developments might affect property values at 406 Pasir Ris Drive 6?

As an established HDB development in a mature residential estate, significant new HDB supply is unlikely within the immediate Pasir Ris precinct given land constraints and existing housing density. However, private residential developments in adjacent planning zones could introduce competing supply that influences long-term capital appreciation trajectories. Government announcements regarding Housing and Development Board estate rejuvenation, upgrading initiatives, or planning changes could affect property values positively by improving neighbourhood amenities and infrastructure. Buyers should monitor public announcements from the Housing and Development Board and Urban Redevelopment Authority regarding any planned interventions affecting Pasir Ris that might impact long-term investment fundamentals and neighbourhood character.

Hdb Flat At 406 Pasir Ris Drive 6 — From S$3,500