Type

Units

Min Area

Price Range

Other

108 sqft

S$850/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$850.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$170 on this acquisition.

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.

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504D Yishun Street 51: HDB Living in Singapore's North

Located on Yishun Street 51, 504D represents a compact residential offering within one of Singapore's most established public housing estates. The property sits within the Yishun planning area, a mature district that has evolved considerably over the past three decades to accommodate a growing population whilst maintaining strong community infrastructure. This particular address forms part of the broader Yishun neighbourhood, which balances residential tranquility with urban convenience.

Yishun is a district that caters to diverse household compositions and life stages. Young families, upgraders transitioning from smaller flats, and investors seeking stable rental yields have long recognised the area's appeal. The estate benefits from consistent upgrading programmes that enhance common areas, improve accessibility, and refresh building facades—all of which support long-term property values. The neighbourhood's maturity means most essential services, from childcare centres to medical clinics, are well-established and within walking distance.

Compact Unit Design and Living Space

Units within this development are designed with efficiency at their core. The compact footprint of approximately 108 square feet reflects the practical approach HDB takes to maximising housing supply whilst keeping ownership costs accessible. This unit sizing appeals particularly to first-time homebuyers entering the property market, individuals seeking a low-maintenance living environment, or investors building a portfolio of rental assets. Whilst space is limited, thoughtful interior planning allows residents to create functional living zones without wasteful circulation areas.

The modest floor area also translates to proportionally lower utility costs, reducing the ongoing financial burden of property ownership. For renters seeking affordable accommodation in a well-established estate, or for investors purchasing as a rental asset, the lower absolute price point of such units means stronger cash-on-cash returns compared to larger properties. Maintenance fees and property taxes scale accordingly, keeping the total cost of ownership manageable across different economic cycles.

Transport Connectivity and Neighbourhood Access

Location within Yishun provides residents with access to the broader transport network serving north Singapore. The estate is serviced by local bus routes connecting to employment hubs, shopping centres, and educational institutions across the island. The neighbourhood's mature infrastructure means that most daily errands—groceries, banking, healthcare—are accessible without lengthy travel times.

For commuters, the transport landscape in Yishun has evolved significantly, with multiple bus corridors and interchange hubs facilitating journeys towards the city centre, the eastern region, and western industrial zones. This accessibility supports both owner-occupancy (for those working across Singapore) and rental demand (as tenants value convenient commute times). Over the longer term, any future expansion of rapid transit in the northern corridor would likely enhance property values across the estate.

HDB Ownership Structure and Long-Term Security

As an HDB property, 504D Yishun Street 51 operates under Singapore's established public housing framework, which provides transparency, standardised resale processes, and clear lease tenure. HDB flats are held on a 99-year lease, a structure that has proven sustainable for generations of Singapore households. The HDB resale system is highly regulated, with built-in safeguards protecting both buyers and sellers, and a centralised registration process that minimises disputes.

For first-time homebuyers, HDB ownership offers a pathway into property wealth with lower entry barriers than the private market. Buyers benefit from HDB loan schemes that offer competitive interest rates and long repayment periods, improving affordability relative to private mortgages. The standardised nature of HDB transactions also means lower legal and administrative costs compared to private property purchases. Investors appreciate the predictable demand for HDB rental units, steady tenant flow, and the asset's role as a stable portfolio component.

Investment Potential and Rental Yield Considerations

Units within mature HDB estates like Yishun attract consistent rental demand from tenants seeking affordable, well-located housing. The compact unit size typically appeals to young professionals, couples, or single occupants, segments that often prefer renting close to work or transport nodes. Monthly rental yields on HDB units depend on both the purchase price and the local rental market; investors in Yishun can expect competitive rental rates reflecting the estate's maturity, accessibility, and community facilities.

Capital appreciation in HDB estates follows different dynamics than private property. As leases decay and properties approach the end of their 99-year term, resale values eventually stabilise at scrap or land value levels; however, properties in the early to mid-lease stages typically appreciate with inflation and improvements to the estate. Yishun's established position and ongoing town council maintenance projects support confidence in holding HDB assets over medium-term horizons. Investors should factor in the long-term lease decay trajectory when assessing hold periods and exit strategies.

Financing and Buyer Eligibility

Prospective buyers should be aware that HDB purchases entail specific eligibility criteria set by the Housing and Development Board. First-time homebuyers, existing owners seeking to upgrade or downgrade, and non-citizens meeting residency requirements may all qualify under different schemes. The financing landscape for HDB purchases is favourable, with HDB loans typically offering rates below market mortgages and extended repayment terms supporting affordability.

For second-property buyers—whether upgraders or investors—the Additional Buyer's Stamp Duty (ABSD) regime applies. A Singapore Citizen purchasing a second residential property faces an ABSD of 20% on the purchase price, a significant consideration in buy-to-let investment calculations. This duty is separate from the standard Buyer's Stamp Duty and must be factored into total acquisition costs. Prospective purchasers should consult a tax advisor or legal professional to model the full financial impact of ABSD before committing to a purchase.

Suitability for Different Buyer Profiles

First-time homebuyers represent a natural fit for compact HDB units in established estates. The lower absolute purchase price, favourable HDB loan terms, and transparent resale process remove many barriers to entry-level ownership. Young families with modest savings can access homeownership without delay, building equity whilst avoiding high rental payments.

Upgraders downsizing from larger units or looking to maximise cash release from a previous property also find value in efficient HDB flats. Empty nesters or retirees reducing their living footprint whilst staying within a familiar neighbourhood benefit from the lower costs and maintenance burden. Investors seeking rental-yielding assets appreciate the stable demand, regulated framework, and lower absolute capital requirement compared to private property investments. For all three profiles, the maturity of Yishun estate and its established community infrastructure provide confidence in long-term holding.

Future District Development and Value Drivers

Yishun's continued evolution depends on ongoing government investment in town-wide improvements, transport connectivity, and community facilities. The estate's master plan continues to guide development, with periodic upgrading programmes addressing aging infrastructure and introducing modern amenities. Future transport improvements—whether expansion of MRT coverage in the north or enhancement of bus rapid transit corridors—would likely boost property values across the district.

The supply pipeline for HDB units in Yishun is managed by the government, with new flat launches typically spread across multiple years to avoid market flooding. This controlled supply environment supports price stability and long-term value preservation. Investors and owner-occupiers can take comfort in the predictability of HDB policy and the unlikelihood of sudden oversupply depressing values in an established estate.

504D Yishun Street 51 occupies a logical position within Singapore's housing continuum: an accessible, affordable, and regulation-protected option for households at various life stages. Whether as a first home, an investment asset, or a downsizing opportunity, the property reflects the enduring appeal of HDB ownership in a mature, well-connected neighbourhood.

Frequently Asked Questions

What rental yield can an investor expect from purchasing a compact HDB unit at 504D Yishun Street 51?

Rental yields on compact HDB units in Yishun typically range from 3% to 5% gross, depending on the unit's exact purchase price and current market rental rates for similar flats. Units of this size appeal to young professionals and singles, segments with consistent rental demand in a mature estate like Yishun. To calculate realistic net yield, investors must deduct HDB conservancy fees, property tax, and potential vacancy periods; after ABSD (at 20% for a Singapore Citizen's second property) and acquisition costs are included, net yields may compress to 2–3%, meaning holding periods of 10+ years are advisable to recover the stamp duty overhang. Local demand drivers—transport improvements, community facility upgrades, and employment growth in nearby regions—will influence rental sustainability over time.

How does the price per square foot of units in this development compare to recent HDB transactions in Yishun?

Price per square foot in mature HDB estates like Yishun reflects the age of the block, remaining lease length, and proximity to transport or amenities; compact units often command a premium per square foot because they attract first-time buyers and renters, limiting the pool of available stock. Recent transactions across Yishun estate typically show per-square-foot prices ranging from S$10,000 to S$15,000 for resale units, though exact comparables depend on individual flat characteristics and exact date of sale. To assess whether 504D Yishun Street 51 is fairly priced, buyers should review HDB's resale price statistics and engage a property agent familiar with recent transactions in this specific block and neighbouring blocks. Block-to-block variation can be significant due to lift-off designs, facing, and proximity to MRT or commercial zones, so micro-level comparisons are more reliable than estate-wide averages.

What is the Additional Buyer's Stamp Duty (ABSD) impact for a second-property buyer purchasing at 504D Yishun Street 51?

A Singapore Citizen purchasing a second residential property faces an Additional Buyer's Stamp Duty of 20% on the purchase price, payable at completion. For example, on a purchase price of S$350,000, ABSD would total S$70,000—a substantial acquisition cost that must be factored into investment returns or financing capacity. This duty is in addition to standard Buyer's Stamp Duty (which ranges from 1% to 4% depending on price band) and legal, survey, and agency fees. The 20% ABSD significantly lengthens payback periods for buy-to-let investors and should prompt careful modelling of cash flow against expected rental income; many investors budget for holding periods of 12–15 years to absorb the ABSD cost and achieve acceptable returns. First-time homebuyers purchasing as owner-occupiers are exempt from ABSD, making HDB ownership substantially more affordable for entry-level buyers than for investors.

What lease decay risk should buyers consider, and how does remaining lease length affect resale value?

All HDB flats are held on a 99-year lease; as the lease approaches maturity, resale values eventually stabilise at scrap or land value levels—typically a fraction of peak value. Blocks in Yishun built in the 1980s and 1990s still have 50–70 years of lease remaining, positioning them in the mid-lease phase where depreciation accelerates compared to younger blocks. Banks and HDB typically begin restricting loan eligibility when leases drop below 60 years, limiting the buyer pool and suppressing prices; by 50 years remaining, many investors avoid the asset entirely. Buyers purchasing today at 504D should calculate whether their investment horizon aligns with the lease trajectory; a 20-year hold on a block currently in its 60th year of remaining lease means the property will enter a restricted financing zone, potentially making resale challenging or forcing significant price concessions. Over very long holding periods (15+ years), government lease renewal initiatives may emerge, but buyers should not rely on this and instead focus on short-to-medium hold periods (5–10 years) before lease decay becomes a material headwind.

How does proximity to the nearest MRT station affect property demand and capital appreciation at Yishun?

Transport connectivity is a primary driver of capital appreciation and rental demand in Singapore's property market; estates with walking-distance MRT access typically outperform those reliant on bus-only connectivity. Yishun's transport accessibility varies by block; some addresses are within 10–15 minutes' walk of established MRT nodes or bus interchange hubs, whilst others require longer travel times. Blocks closer to rapid transit tend to command rental premiums and stronger capital growth, as both owner-occupiers and tenants value commute efficiency. Future expansion of the MRT network in the northern corridor could materially boost property values across Yishun; any announced extension or new line in the district would likely trigger visible price uplift in nearby blocks. Buyers and investors should factor distance to transport as a key location variable; a position within 800 metres of an MRT station or major interchange typically supports stronger long-term appreciation than a peripheral location, all else being equal.

Is 504D Yishun Street 51 suitable for high-net-worth individuals, or is it better targeted at first-time buyers and renters?

This compact HDB unit is predominantly oriented towards first-time homebuyers and small-household renters rather than high-net-worth individuals, whose portfolios typically emphasise larger private condominiums or landed properties with stronger capital appreciation and lifestyle amenities. HNW buyers occasionally acquire HDB units as portfolio diversification or to satisfy owner-occupancy requirements for private property purchases, but the modest absolute size and standardised features of this flat offer limited appeal to affluent purchasers seeking bespoke living environments. First-time buyers, conversely, find compelling value in the transparent HDB framework, accessible loan terms, and lower entry price; for renters, compact HDB flats in established estates offer affordable, secure accommodation with predictable costs. Buy-to-let investors recognise HDB units as a stable, regulated asset class with predictable demand, though returns are modest relative to private property. In summary, 504D's profile skews decidedly towards entry-level owner-occupiers and institutional/individual rental investors rather than luxury-focused or high-appreciation-seeking buyers.

What TDSR and financing headroom should buyers expect at typical price points for compact HDB units in Yishun?

The Debt-to-Service Ratio (TDSR) framework limits mortgage servicing costs to 60% of gross monthly income; for compact HDB units priced from around S$300,000 to S$450,000, a typical 25-year HDB loan at 2.6% interest translates to monthly instalments of S$1,200–S$1,800, meaning buyers need gross monthly income of approximately S$2,000–S$3,000 to comfortably clear TDSR thresholds. First-time buyers benefit from HDB concessional loan rates (typically 0.1% below market) and extended repayment periods (up to 30 years), improving affordability; however, TDSR rules remain strict, and existing commitments (car loans, credit card debt, or previous mortgage obligations) will compress available borrowing capacity. Buyers should engage an HDB approved mortgagee or financial advisor to model exact TDSR headroom based on their full debt profile; properties at the lower end of the price range typically leave more budget slack for unforeseen expenses or rate rises, whilst higher-priced units may consume most of a buyer's TDSR allocation. Maintaining 10–15% cash reserves above the minimum down payment is prudent, as HDB and private banks now scrutinise buyer liquidity more closely.

How does 504D Yishun Street 51 compare to competing HDB developments or older private housing in the same district?

Yishun estate encompasses dozens of HDB blocks across multiple planning zones, each with subtly different characteristics affecting price and appeal; blocks closer to retail nodes, transport, or amenities typically command 5–10% premiums over peripheral blocks. Within the HDB universe, competing developments at 504D's end of the price spectrum include similar-vintage blocks in adjacent postcodes, where buyers face trade-offs between location (MRT proximity, commercial access), block design (lift-off amenities, facing), and remaining lease length. Private housing alternatives—such as older private condominiums or terraced houses in the vicinity—may offer larger living space and more individualised design but at substantially higher purchase prices and often with higher maintenance costs, making them accessible primarily to buyers with S$600,000+ budgets. For first-time buyers and cost-conscious renters, the HDB option at 504D offers superior affordability and regulatory clarity compared to private housing; for investors seeking rental yield, HDB units' lower absolute price reduces capital outlay and can improve gross yield percentages, though private properties may appreciate faster over medium-term horizons (5–10 years).

Which unit stack or floor level within this development offers the best value for money and resale potential?

In HDB estates, lower and mid-level units (floors 2–12) typically appeal to a broader buyer base—families with young children or elderly occupants preferring shorter lift journeys—and often command slight premiums over very high floors; however, mid-to-upper-level units (floors 10–20+) are increasingly sought for better ventilation, daylight, and privacy, particularly in blocks with sea views or sightlines towards green spaces. Ground-floor and first-floor units may command discounts due to noise, security concerns, and reduced privacy, making them attractive to investors prioritising yield over resale speed; conversely, top-floor units sometimes trade at premiums but face condensation and higher solar heat gain in Singapore's tropical climate. Within 504D Yishun Street 51, the optimal unit positioning depends on the block's orientation, surrounding land use, and individual facing; a unit facing a quieter side street with northern or eastern exposure typically offers better living conditions and stronger resale appeal than one exposed to afternoon sun or facing a busy road. Investors should prioritise mid-level units (floors 5–15) in good-facing positions, as these maximise rental appeal to a broad tenant pool whilst maintaining strong liquidity for future resale.

What future supply pipeline or district developments are planned for Yishun, and how might they impact property values at 504D?

Yishun's future development is guided by the urban planning masterplan and the HDB's periodic flat launches, which are managed centrally to avoid oversupply and maintain price stability; the Government has signalled ongoing town renewal and green space investment in the northern region, supporting long-term livability and property values. New BTO (Build-to-Order) or SBF (Sale of Balance Flats) launches in Yishun over the next 3–5 years will introduce competing supply but are unlikely to depress resale prices in mature blocks like 504D, as new flats appeal to younger buyers with different preferences and financing paths. Regional transport initiatives—such as potential MRT line extensions or the North-South Corridor expansion—could materially enhance accessibility across the district, indirectly supporting values in 504D by improving commute times and commercial attracting to Yishun. Conversely, large new private residential or commercial developments elsewhere in north Singapore could redirect demand away from HDB estates, though this risk is mitigated by the HDB sector's lower price point and strong appeal to first-time buyers. Over a 10-year horizon, Yishun's values are more likely to track inflation and locational quality improvements than to experience sharp appreciation; investors should adopt a patient, buy-and-hold strategy rather than speculating on rapid capital growth.

Hdb Flat At 504D Yishun Street 51 — From S$850