Type

Units

Min Area

Price Range

Other

100 sqft

S$980/mo – S$1,100/mo

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$980 to S$1,100.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$196 on this acquisition.
Located 8 min (650 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.

505 Bedok North Avenue 3: A Mature HDB Development in East Singapore

Located along Bedok North Avenue 3, this HDB development represents a quintessential example of Singapore's public housing stock in one of the island's most established residential neighbourhoods. The address places residents within a thriving community that has matured significantly over the decades, offering a stable residential environment with deep roots in East Singapore's property market. The development is strategically positioned to serve both owner-occupiers seeking a stable home and investors looking to capitalise on sustained rental demand in this locality.

The proximity to Bedok Reservoir MRT Station, situated approximately 650 metres away, ensures that commuters enjoy reasonably swift access to Singapore's wider transport network. This eight-minute walk positions the development within the convenient catchment of the Downtown Line (DT30), a major artery that connects residents directly to the central business district and numerous employment hubs across the island. For those who rely on public transport, this accessibility represents a meaningful advantage, particularly during peak hours when traffic congestion renders private vehicle use inefficient.

Neighbourhood Character and Mature Amenities

Bedok North is characterised as a well-developed, mature estate where decades of urban planning have resulted in a comprehensive network of facilities and services. The area boasts established wet markets, supermarket chains, and dining establishments that cater to diverse tastes and budgets. Educational institutions, including primary and secondary schools, are accessible within the neighbourhood, making this locality particularly attractive to families with school-age children. Healthcare facilities, including polyclinics and private clinics, are well-distributed throughout the precinct.

The neighbourhood also benefits from a range of recreational facilities. Community centres, sports clubs, and parks provide opportunities for active living, fitness pursuits, and family leisure activities. The mature nature of the estate means that green spaces and landscaping have had years to establish, creating an environment that many residents find aesthetically pleasant and conducive to outdoor activities. These factors collectively contribute to the enduring appeal of properties in this location.

Market Position and Pricing Strategy

Units at 505 Bedok North Avenue 3 are offered at competitive price points that reflect the area's established status and moderate distance from the city centre. The development's pricing structure is calibrated to appeal to multiple buyer demographics, from first-time purchasers entering the property market to seasoned investors seeking rental yield. Recent transaction data in the Bedok precinct suggests that price per square foot remains reasonable relative to comparable HDB units in nearby locations, making this development a pragmatic choice for those prioritising value for money.

The rental market for similar properties in the Bedok area has historically demonstrated resilience and consistency, reflecting sustained demand from professionals, young families, and expatriates seeking accommodation near established facilities and transport nodes. This rental demand backdrop creates favourable conditions for investors who purchase with a buy-to-let strategy in mind, as the pool of prospective tenants remains robust across economic cycles.

Tenure and Ownership Considerations

As with all HDB properties, ownership is structured around specific lease tenures that have important implications for long-term ownership and resale potential. Understanding the lease duration of individual units within the development is crucial, as lease decay begins to influence market perception and valuation as properties age. Buyers purchasing their first HDB property should familiarise themselves with HDB's resale eligibility criteria and the Minimum Occupation Period (MOP) before considering resale transactions. These regulatory frameworks are integral to HDB ownership and require careful attention during the purchasing process.

Investment Potential and Rental Yield

For investors contemplating acquisition of units in this development as rental assets, the Bedok location offers multiple advantages. The established nature of the neighbourhood, combined with the accessible MRT connection, ensures a steady stream of prospective tenants across residential categories. Estimated rental yields for HDB units in this precinct typically align with broader east-side performance metrics, though individual yields will vary based on unit configuration, exact floor level, and specific lease duration remaining. Investors should factor in HDB rental control regulations, which mandate lease periods and influence the tenant pool's composition.

Financing and ABSD Implications

Prospective buyers should recognise that HDB purchases are subject to distinct financing rules administered by the Housing and Development Board, with HDB loans typically offering more favourable terms than private mortgage facilities. For Singapore Citizens purchasing their second residential property, the Additional Buyer's Stamp Duty (ABSD) framework applies at a rate of 20%, which materially impacts the total acquisition cost and should be factored into investment appraisals. This duty is calculated on the purchase price and must be budgeted separately from the down payment and associated legal fees. First-time buyers are exempt from ABSD, whereas subsequent purchases trigger this significant taxation tier.

Total Debt Servicing Ratio (TDSR) considerations, typically capped at 55% for HDB loans, will determine the quantum of borrowing capacity available to purchasers. At current price points for units within this development, most buyers should find themselves well within acceptable TDSR parameters, assuming stable employment and reasonable salary levels. HDB lending also permits longer amortisation periods compared to private banking, which can improve monthly cash flow profiles for owner-occupiers and investor-owner combinations.

Comparison with Competing Supply

The broader Bedok precinct encompasses numerous HDB estates built across different eras, each with distinct characteristics and price positioning. Nearby developments such as those along Bedok South Avenue and the Chai Chee corridor present alternative options for buyers in this micromarket. Prices at 505 Bedok North Avenue 3 remain competitive within this constellation of supply, though buyers should conduct comparative analysis of transactional data across recent months to assess relative value positioning. The specific age, building design, and precise MRT walking distance of competing blocks will influence relative pricing.

Capital Appreciation and Market Dynamics

Historically, HDB prices in the Bedok area have demonstrated steady appreciation over multi-year holding periods, though short-term volatility remains inherent to any residential property market. Proximity to the MRT station is a material factor in demand generation and capital growth potential. As Singapore continues to invest in transport infrastructure and town renewal initiatives, developments with good MRT accessibility tend to outperform more isolated locations in terms of long-term value retention and appreciation. The Downtown Line's ongoing significance to the broader transport strategy supports the structural appeal of properties near Bedok Reservoir Station.

Buyer Profile Suitability

This development caters effectively to first-time home buyers seeking to enter the property market with a pragmatic, affordable option in an established neighbourhood. The rental potential appeals to investors with moderate capital seeking yield-generating assets in a stable micromarket. Upgraders moving from smaller units to larger configurations will find the location familiar and convenient, particularly those already embedded within the Bedok community. The development is less suited to ultra-high-net-worth individuals seeking trophy properties, but remains appropriate for middle-income professionals prioritising stability and accessibility over prestige.

Forward-Looking Considerations

The future pipeline of HDB supply in the Bedok area remains a consideration for investors assessing long-term value dynamics. While mature estates like Bedok typically see replacement redevelopment activity rather than greenfield supply, buyers should remain informed about any Build-to-Order (BTO) launches or en bloc redevelopment proposals that could influence neighbourhood character and property values. The stability of the precinct, however, suggests that incremental changes are more likely than transformative disruption.

Frequently Asked Questions

What rental yield could investors realistically expect from purchasing a unit at 505 Bedok North Avenue 3 as a buy-to-let asset?

Estimated rental yields for HDB units in the Bedok precinct typically range between 3–4% annually, depending on unit configuration, exact lease tenure remaining, and prevailing market conditions. The established neighbourhood and accessible MRT connection create consistent tenant demand across residential buyer categories, including young professionals, families, and international assignees seeking stable accommodation. Investors should note that HDB rental regulations govern minimum lease periods (typically 2–3 years) and influence the tenant pool composition; yields will vary based on individual unit specifications and the length of lease remaining, with longer-tenure units generally commanding higher rents and attracting higher-quality tenants. Prospective landlords should factor in HDB's rules on subletting and annual rental escalation norms to forecast realistic long-term income streams.

How does the price per square foot at 505 Bedok North Avenue 3 compare to recent HDB transactions in the surrounding Bedok area?

The pricing at 505 Bedok North Avenue 3 reflects the established Bedok market, where recent transactions for comparable HDB units typically range between S$4,500–S$5,500 per square metre, translating to approximately S$450–S$550 per square foot depending on unit age, configuration, and exact proximity to the MRT station. This development's positioning sits within the mid-to-lower spectrum of recent Bedok transactional data, making it a pragmatic choice for value-conscious buyers unwilling to overpay for prestige or newer construction. Comparing recent resale prices across multiple units in nearby blocks and estates is essential to validate relative pricing and ensure the acquisition represents fair market value. Buyers should obtain recent transaction reports from HDB for comparable units to assess whether asking prices align with market fundamentals.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing a second residential property at this development?

Singapore Citizens purchasing a second residential property, including HDB units, are subject to Additional Buyer's Stamp Duty (ABSD) at a rate of 20% of the purchase price. This duty is calculated and payable separately from the standard stamp duty and down payment, and represents a material cost increment that must be factored into the total acquisition outlay and investment return calculations. For example, a purchase at S$500,000 would trigger ABSD of S$100,000, which materially impacts overall capital requirement and reduces net rental yield for investor-owners. First-time buyers remain exempt from ABSD, making initial HDB purchases significantly more cost-efficient than subsequent acquisitions. All purchasers should engage a property lawyer to calculate exact ABSD liability based on individual circumstances and ensure proper budgeting before committing to the acquisition.

How does lease decay affect the resale value and marketability of HDB units at 505 Bedok North Avenue 3 over time?

HDB properties at 505 Bedok North Avenue 3 will experience gradual lease decay as the decades progress, which begins to materially influence market perception and resale valuations once the lease drops below 80 years remaining. The impact on capital value intensifies significantly below 60 years, where prospective buyer demand contracts and mortgage lending appetite diminishes, as financial institutions become cautious about lending against rapidly depreciating assets. However, HDB's lease extension policies allow leaseholders to extend tenures at specified intervals, though extension costs and eligibility criteria must be understood in advance. Buyers acquiring units in the intermediate-lease range should model the long-term implications and budget for potential extension costs to maintain property value and saleability, particularly if holding for 20+ years or intending to pass the property to heirs.

What impact does proximity to Bedok Reservoir MRT Station have on demand, capital appreciation, and long-term property value at this development?

The 650-metre (8-minute walk) proximity to Bedok Reservoir MRT Station (Downtown Line DT30) is a material demand driver and capital appreciation factor that directly influences property marketability and long-term value retention. Properties within convenient walking distance of major MRT nodes consistently outperform comparable units in less accessible locations, as commuter convenience translates directly into sustained rental demand and buyer interest across economic cycles. The Downtown Line's strategic role in Singapore's transport corridor ensures that Bedok Reservoir Station remains a critical interchange point, supporting structural demand for proximate properties. Historical performance data for Bedok HDB units suggests that MRT-proximate estates appreciate 10–15% faster over 10-year holding periods compared to less accessible alternatives, making location relative to the station a primary consideration for long-term wealth building and portfolio appreciation strategies.

Which buyer profiles—first-timers, upgraders, HNW investors, or owner-occupiers—would find 505 Bedok North Avenue 3 most suitable, and why?

First-time HDB buyers represent an ideal demographic for this development, given the affordable price point, established neighbourhood, and absence of ABSD liability on initial purchases, which collectively reduce financial barriers to homeownership. Upgraders relocating from smaller 2-room or 3-room units to 4-room or 5-room configurations will find 505 Bedok North Avenue 3 a pragmatic stepping stone, particularly if already embedded within the Bedok community and comfortable with its character. Moderate-wealth investors seeking yield-generating rental assets benefit from the consistent tenant demand in the Bedok precinct and the development's mid-market pricing that doesn't demand the capital outlay required for premium locations. The development is less suited to ultra-high-net-worth individuals prioritising trophy properties or brand-new construction, though it remains a rational choice for portfolio-building investors targeting steady income and moderate appreciation. Owner-occupiers prioritising lifestyle stability, transport convenience, and community rootedness typically find this location highly appealing.

What TDSR (Total Debt Servicing Ratio) headroom and financing capacity would typical buyers expect at current price points for units in this development?

HDB loans, capped at a 55% Total Debt Servicing Ratio (TDSR), typically allow borrowers significantly greater financing headroom than private banking alternatives, meaning most qualified buyers purchasing units at 505 Bedok North Avenue 3 will secure full mortgage approval without undue constraint. At current market prices in the S$600,000–S$1,000,000 range for larger units, a buyer with a stable monthly income of S$8,000–S$12,000 and minimal existing debt obligations will generally qualify for HDB loans covering 80–90% of the purchase price, translating to maximum borrowing capacity of S$480,000–S$900,000 depending on personal circumstances. HDB's extended amortisation periods (up to 30 years) further improve monthly cash flow comparability to private mortgages, reducing the financing burden and increasing overall purchasing power. Prospective buyers should engage HDB's pre-approval process early to confirm exact lending capacity, as individual income documentation, employment stability, and existing liabilities directly influence approval quantum.

How does 505 Bedok North Avenue 3 price and position itself relative to competing HDB developments in the broader Bedok precinct?

The Bedok precinct encompasses multiple competing HDB estates developed across different eras, including blocks along Bedok South Avenue, Chai Chee Avenue, and older developments near Bedok Centre, each with distinct pricing, building designs, and age profiles. 505 Bedok North Avenue 3 sits competitively within this constellation, offering price positioning that is neither premium nor discounted relative to recent transactional data for comparable units across the estate. Buildings with more contemporary architectural designs, superior lift technologies, or marginally closer MRT access may command 5–10% price premiums, whereas older estates in less accessible pockets may trade at 5–10% discounts. Buyers should systematically compare recent resale prices, HDB valuations, and unit specifications across multiple competing blocks before committing to this development, ensuring the acquisition represents fair value within the Bedok micromarket and that alternative options have been thoroughly evaluated.

Are specific unit stacks, floor levels, or building blocks at 505 Bedok North Avenue 3 likely to offer superior long-term value and appreciation compared to others?

Within the development, mid-range floor levels (typically floors 6–20) generally command optimal value balance, avoiding the premium pricing applied to upper floors whilst escaping the noise, fumes, and pedestrian sight-lines associated with lower storeys; these mid-range units typically show superior resale velocity and steady capital appreciation over 10+ year holding periods. Corner units and properties with northward-facing exposures often achieve price premiums of 5–8% due to superior natural lighting and reduced noise from adjacent traffic corridors, making these configurations particularly appealing to owner-occupiers despite marginally higher acquisition costs. Building blocks positioned furthest from main roads and nearest to green spaces or community facilities may offer subtle long-term advantages in terms of tenant retention (for investors) and owner satisfaction (for occupiers), though these factors typically influence prices modestly rather than materially. Prospective buyers should prioritise unit specifications (bedroom/bathroom count, kitchen layout) and personal lifestyle preferences over micro-location variances within the estate, as these factors drive satisfaction and resale speed more powerfully than single-digit floor-level differences.

What is the future HDB supply pipeline in the Bedok district, and how might new developments influence property values at 505 Bedok North Avenue 3?

The Bedok district, as a mature established estate with limited undeveloped land, is unlikely to see major greenfield HDB supply launches in the near term; future development activity is more likely to centre on targeted en bloc redevelopment, upgrading initiatives, and Build-to-Order (BTO) schemes on small pockets of residual government land. The Housing Development Board's strategic focus on rejuvenating mature estates through lift upgrading, façade renovation, and community facility enhancements tends to support long-term property values rather than erode them, as these interventions improve resident quality of life and neighbourhood appeal. Should significant BTO supply be launched within the broader Bedok planning zone, marginal price pressure may emerge on older resale units as first-time buyers opt for brand-new alternatives; however, established BTOs in nearby areas have historically coexisted with stable resale price trajectories, suggesting that mature estates maintain distinct appeal for upgraders, investors, and families already rooted in the community. Buyers of 505 Bedok North Avenue 3 should monitor HDB's published development pipeline announcements and the Urban Redevelopment Authority's master plan updates to anticipate any material shifts in supply dynamics that could influence capital appreciation trajectories.

Hdb Flat At 505 Bedok North Avenue 3 — From S$980