Type

Units

Min Area

Price Range

3 BR

1119 sqft

S$600K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$600K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$120K on this acquisition.
Located 9 min (760 m) from NS14 Khatib 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.

610 Yishun Street 61: A Mature HDB Development in Established Yishun

610 Yishun Street 61 represents a well-established residential offering in one of Singapore's most mature and planned housing estates. Located in Yishun, a district renowned for its comprehensive infrastructure and family-oriented community, this HDB development continues to attract buyers seeking affordability combined with neighbourhood stability. The project comprises a range of residential units designed to accommodate diverse household compositions, from young professionals to established families.

Location and Transport Connectivity

Situated in the heart of Yishun, 610 Yishun Street 61 benefits from excellent regional connectivity. Residents enjoy convenient access to Khatib MRT Station (NS14), situated approximately 9 minutes' walk away at a distance of 760 metres. This proximity to the North-South Line provides direct access to the city centre, making the development particularly attractive for commuters employed in the central business district and surrounding employment hubs.

The location also positions residents within reach of secondary nodes across Singapore's northern corridor. Regular bus services traverse the area, offering multiple transport alternatives and reducing reliance on private vehicles. This multi-modal connectivity has historically contributed to strong demand and rental appeal for properties in this locality.

Neighbourhood Amenities and Infrastructure

The Yishun estate benefits from decades of planned development, resulting in comprehensive social and commercial infrastructure. Residents have access to shopping facilities, dining establishments, and essential services distributed throughout the precinct. Schools across all educational levels are strategically positioned throughout Yishun, making the area particularly appealing to families with children.

Healthcare facilities, including polyclinics and private clinics, are well-represented in the neighbourhood. Recreation facilities such as community centres, parks, and sports amenities contribute to the area's appeal as a balanced residential environment. The maturity of Yishun's infrastructure means that fundamental services and conveniences are well-established, reducing uncertainty regarding future neighbourhood development.

Property Type and Unit Composition

As an HDB flat development, 610 Yishun Street 61 offers properties under the Housing and Development Board's mandate to provide affordable public housing. The development features residential units in various configurations, including spacious 3-bedroom layouts of approximately 1,119 square feet. This size range accommodates multi-member households and provides flexibility for home office arrangements, increasingly important considerations in the modern residential market.

The 3-bedroom configuration offers functional living spaces with multiple bathrooms, supporting the needs of families with different routines and preferences. Such unit types have demonstrated consistent appeal across buyer segments, from first-time purchasers upgrading from smaller units to investors seeking properties with strong rental potential.

Pricing and Market Position

Units at 610 Yishun Street 61 are positioned from S$600,000, reflecting the established nature of the Yishun precinct and the maturity of the HDB market segment. This pricing aligns with the broader Yishun HDB market, which has demonstrated stable value retention over extended periods. The absolute price point represents a significant portion of most household budgets, yet remains substantially more accessible than private residential alternatives across Singapore.

Recent market activity in Yishun has demonstrated resilient pricing, with completed transactions typically ranging from S$500 to S$750 per square foot for comparable units, depending on floor level, stack position, and unit configuration. This price-per-square-foot metric provides useful context for evaluating value across the development, particularly when comparing unit types and locations within the building.

Investment and Rental Potential

Properties at 610 Yishun Street 61 appeal to investors seeking exposure to the HDB rental market, which maintains consistent demand from young professionals, expatriates, and households requiring flexible accommodation solutions. The proximity to Khatib MRT Station enhances rental appeal, as tenants increasingly prioritise transport accessibility. Rental yields for comparable HDB flats in Yishun typically range from 2.5% to 3.5% gross annual yield, depending on unit type and lease commencement.

The established nature of the Yishun estate provides predictable tenant demand, reducing the vacancy risk associated with newer or peripheral developments. HDB properties with strong MRT connectivity have historically attracted consistent tenant interest, supporting the investment thesis for buy-to-let acquirers. However, prospective investor-purchasers must account for the lease decay effect on long-term capital appreciation, as HDB leases inevitably shorten over time.

Buyer Suitability and Market Segments

First-time home buyers represent a core target market for 610 Yishun Street 61, as HDB units offer a defined entry point to residential property ownership with government support through financing schemes. The spacious 3-bedroom configurations appeal to couples planning families or individuals seeking living space beyond studio or 1-bedroom alternatives. The proximity to Khatib MRT Station provides comfort regarding long-term transport accessibility, an important consideration for first-time purchasers seeking stability.

Upgraders transitioning from smaller HDB units or private rental accommodation find the development attractive for its neighbourhood maturity and established community networks. Investors seeking portfolio diversification through residential property exposure can incorporate units into buy-to-let strategies, leveraging the consistent rental demand profile of Yishun. High-net-worth individuals may consider the development as a secondary investment asset rather than primary residence, recognising the rental yield potential despite modest absolute returns.

Financing and Debt Service Considerations

The pricing structure of units at 610 Yishun Street 61 aligns with the financial capacity of most Singaporean households, particularly those with dual incomes or accumulated savings. Financing at 80% loan-to-value, standard for HDB purchases by eligible citizens, implies a required cash outlay of approximately S$120,000 for the starting price point, excluding stamp duties and costs. Over a 25-year financing term at prevailing HDB interest rates, monthly debt service remains manageable for households with gross monthly incomes above S$6,000.

Total Debt Service Ratio (TDSR) ceilings, mandated by the Monetary Authority of Singapore, typically allow mortgage servicing of up to 60% of gross household income. For most Yishun HDB purchasers, this constraint permits comfortable financing of units within the development's price range, particularly for dual-income households or those with accumulated savings reducing the required loan principal.

Stamp Duty and Acquisition Costs

First-time home buyers purchasing 610 Yishun Street 61 benefit from concessional Buyer's Stamp Duty rates, substantially reducing the transaction cost burden. However, second-property purchasers who are Singapore Citizens face an Additional Buyer's Stamp Duty (ABSD) of 20% applied to the purchase price, significantly elevating acquisition costs. For investor-purchasers, this 20% ABSD represents a material cost component that must be incorporated into return-on-investment calculations and portfolio strategy assessments.

Stamp duty, legal fees, and HDB administration charges collectively constitute transaction costs of approximately 5–8% of the purchase price for first-time buyers and 25–30% for second-property citizen buyers. These acquisition costs materially impact the effective entry price and should be carefully modelled in financial planning, particularly for investor-purchasers evaluating cash-on-cash returns.

Lease and Long-Term Value Considerations

HDB flats are granted on 99-year or 999-year leases, with most developments at 610 Yishun Street 61 expected to operate on 99-year terms from the date of initial construction. As leases age, the remaining tenure gradually diminishes, a process termed lease decay. This decay has historically exerted downward pressure on resale values, particularly as remaining tenure falls below 50 years. Purchasers should carefully evaluate the original lease commencement date and understand the long-term implications for asset valuation.

Government policy mechanisms such as the HDB Lease Buyback Scheme provide some mitigation for lease decay concerns, allowing eligible residents to extend their tenure or sell to HDB for compensation. However, such schemes offer only partial remediation and cannot fully arrest the natural depreciation trajectory of aging leasehold assets. Prospective purchasers should incorporate lease decay assumptions into long-term financial planning, particularly for investor-acquirers planning extended holding periods.

Competitive Market Positioning

Yishun hosts multiple HDB developments, creating a competitive market environment where pricing and positioning vary based on block age, floor level, stack position, and specific unit layouts. Newer HDB estates such as those developed under Build-To-Order programmes offer contemporary architectural standards and updated amenities, potentially commanding modest premiums. However, 610 Yishun Street 61 benefits from established infrastructure, mature neighbourhood networks, and predictable demand characteristics that offset any aesthetic comparisons to newer developments.

Comparable units within the broader Yishun HDB estate typically transact within overlapping price ranges, with variance driven primarily by unit configuration, floor level, and proximity to amenities rather than development-specific factors. Purchasers evaluating 610 Yishun Street 61 should conduct structured comparisons of recent arm's-length transactions for similar unit types across Yishun, emphasising completed sales rather than listed prices to establish realistic market benchmarks.

Future District Supply and Market Dynamics

Yishun's development trajectory is substantially complete, with limited remaining sites for new HDB construction or major residential infill development. This supply constraint historically supports steady demand and pricing stability, as the district offers established communities without the uncertainties of emerging residential areas. Future HDB supply growth in Singapore will likely concentrate in newer estates such as Sengkang and Punggol, potentially reducing competitive pressure on Yishun properties from newer public housing alternatives.

However, broader HDB market dynamics including interest rates, household formation trends, and government policy changes will continue to influence Yishun demand and pricing. The North Region's population profile, dominated by established families and multigenerational households, suggests sustained demand for spacious HDB units suitable for family living. Infrastructure upgrades within the North-South Line and enhancements to regional transport connectivity may further reinforce Yishun's appeal over extended time horizons.

Frequently Asked Questions

What is the estimated rental yield for a 3-bedroom unit at 610 Yishun Street 61?

Properties at 610 Yishun Street 61 have historically generated gross annual rental yields in the range of 2.5% to 3.5%, reflecting the characteristics of the mature Yishun HDB market and the established rental demand profile of the North Region. This yield calculation assumes rental rates typical for comparable HDB units in the locality, generally ranging from S$2,000 to S$2,400 per month for 3-bedroom configurations. Actual yields vary based on specific unit location within the development, proximity to Khatib MRT Station, and current market rental rates at the time of acquisition. Investor-purchasers must account for property tax, maintenance contributions to the HDB sinking fund, and potential vacancy periods when modelling net returns. The relatively modest gross yield profile is characteristic of the broader HDB market, which emphasises asset stability and tenure tenure rather than high income generation, making these properties more suitable for long-term wealth accumulation than immediate cash-on-cash return strategies.

How does the price per square foot at 610 Yishun Street 61 compare to recent transactions in Yishun?

Recent completed transactions for comparable HDB units in Yishun have typically ranged from S$500 to S$750 per square foot, depending on block vintage, unit stack position, floor level, and market conditions at the time of completion. For 610 Yishun Street 61, the starting price of S$600,000 for approximately 1,119 square feet translates to roughly S$536 per square foot, positioning the development within the lower-to-middle range of Yishun's established market. This pricing reflects the development's maturity and neighbourhood profile, offering value-conscious acquirers transparent positioning against recent arm's-length transactions. When evaluating specific units, buyers should examine floor level and stack position, as premium stack positions and higher floors typically command 5–10% premiums over comparable lower-level units. The price-per-square-foot metric provides a standardised comparison tool across different unit configurations within the development and across competing Yishun blocks, enabling informed negotiations and realistic offer strategies.

What is the Additional Buyer's Stamp Duty impact for a second-property purchase at 610 Yishun Street 61?

Singapore Citizens purchasing a second residential property, including units at 610 Yishun Street 61, are subject to Additional Buyer's Stamp Duty (ABSD) at a rate of 20% of the purchase price. For a starting price point of S$600,000, this ABSD obligation equates to S$120,000, a material cost component that substantially elevates the total acquisition expense. When combined with standard Buyer's Stamp Duty, legal fees, and HDB administrative charges, second-property purchasers face total acquisition costs of approximately 25–30% of the purchase price, compared to 5–8% for first-time buyers. This significant ABSD burden materially impacts the return-on-investment analysis for investor-purchasers and should be incorporated into financial modelling before commitment. The ABSD consideration may influence acquisition strategy, with some investors opting for staged acquisitions or alternative holding structures. For owner-occupiers upgrading from existing HDB units, the ABSD implications should be carefully weighed against alternative strategies such as lease buyback or direct exchange arrangements with HDB.

How does lease decay affect resale value and long-term investment returns at 610 Yishun Street 61?

HDB units at 610 Yishun Street 61 are granted on 99-year leases, and as the remaining lease tenure shortens over time, the property experiences lease decay, a natural downward pressure on market value. Historical market analysis demonstrates that resale values typically decline more steeply once remaining tenure falls below 50 years, a threshold generally reached after approximately 50 years from initial lease commencement. This lease decay effect is mathematically inevitable and creates a diminishing-asset characteristic that distinguishes HDB properties from freehold residential alternatives. Long-term investor-purchasers must model depreciation trajectories into their acquisition strategy, recognising that capital appreciation opportunities may be limited compared to freehold properties or properties in the early stages of their lease cycles. The HDB Lease Buyback Scheme provides partial mitigation for select residents meeting eligibility criteria, though scheme parameters and compensation rates have evolved over time. For properties at 610 Yishun Street 61, the lease decay impact should be incorporated into expected holding periods, with shorter-term investment horizons (7–10 years) potentially less affected than generational wealth-building strategies.

How does proximity to Khatib MRT Station influence demand and capital appreciation at 610 Yishun Street 61?

Properties within walking distance of established MRT stations historically command rental premiums and demonstrate superior demand characteristics compared to precinct locations requiring vehicular or longer transit access. The 9-minute walk (760 metres) to Khatib MRT Station (NS14) positions 610 Yishun Street 61 as a highly accessible location, a factor that has historically supported consistent tenant demand and competitive positioning within the Yishun rental market. MRT accessibility reduces car dependency and appeals to younger households, expatriate rentees, and professionals preferring public transport, all segments demonstrating strong demand in Singapore's HDB rental market. The station proximity provides long-term demand stability regardless of broader economic cycles, as transport accessibility remains a fundamental housing preference that transcends short-term market fluctuations. Historical pricing patterns within Yishun suggest that blocks within 750 metres of Khatib MRT Station command modest premiums (typically 3–5%) compared to similar units in peripheral locations, supporting the development's capital preservation and appreciation prospects. Enhanced transport connectivity through potential future North-South Line upgrades or complementary regional network improvements could further reinforce the accessibility advantage.

Which buyer profiles are best suited to 610 Yishun Street 61?

First-time home buyers represent the primary target demographic for 610 Yishun Street 61, as the development offers an accessible entry point to residential property ownership with supportive government financing schemes and education programmes. Upgraders transitioning from smaller HDB units or rented accommodation find the spacious 3-bedroom configurations and neighbourhood maturity particularly attractive. Young families planning to expand benefit from established schools across all educational levels within Yishun, quality communal facilities, and multigenerational household arrangements suited to the unit sizes available. Buy-to-let investors seeking portfolio diversification through residential property exposure can incorporate units into investment strategies, leveraging consistent rental demand and established tenant bases within Yishun's professional rental market. High-net-worth individuals may view the development as a secondary investment asset or hold property for family legacy purposes, recognising the modest but predictable yield characteristics and capital stability of mature HDB assets. Owner-occupiers upgrading from subsidised HDB units in older precincts similarly find 610 Yishun Street 61 attractive for modern living standards combined with established neighbourhood networks and lower acquisition costs compared to private residential alternatives.

What are the TDSR and financing implications at typical price points for 610 Yishun Street 61?

The starting price point of S$600,000 at 610 Yishun Street 61, financed at 80% loan-to-value through HDB loans, generates a required loan principal of S$480,000, with associated monthly debt service of approximately S$1,920 over a 25-year repayment term (calculated at prevailing HDB interest rates around 2.6% per annum). Singapore's Total Debt Service Ratio (TDSR) ceiling of 60% means that households require gross monthly incomes of approximately S$3,200 to comfortably service this mortgage obligation without triggering TDSR restrictions. This affordability threshold is accessible to a significant portion of Singapore's workforce, particularly dual-income households where combined household income exceeds this baseline. For purchasers with existing debt obligations including car loans, credit facilities, or other mortgages, the TDSR calculation must incorporate all debt servicing costs, potentially reducing available financing headroom. The 80% loan-to-value financing facility represents substantial financing support from HDB, effectively requiring only 20% cash outlay (approximately S$120,000 for the starting price) to execute the purchase. First-time buyers with access to CPF savings and government grants further improve affordability, with grants potentially reducing out-of-pocket cash requirements to 10% or below after all subsidies.

How does 610 Yishun Street 61 compare to nearby competing HDB developments?

610 Yishun Street 61 operates within the competitive Yishun HDB market, where multiple established blocks offer similar unit configurations and price ranges, with differentiation primarily driven by block vintage, specific unit location within developments, and neighbourhood micro-factors rather than fundamental development characteristics. Comparable competing blocks in Yishun such as those along Yishun Ring Road and adjacent precincts typically price comparably for similar unit types, with variance rarely exceeding 5–10% for identical configurations. Newer HDB units developed through Build-To-Order (BTO) programmes offer more contemporary architectural standards and updated amenities but command modest premiums reflecting their modern construction. In contrast, 610 Yishun Street 61 offers the advantage of immediate occupancy and an established community network that newer developments require time to develop, supporting demand among purchasers prioritising access to schools, healthcare, and commercial infrastructure rather than aesthetic novelty. Purchasing decisions between 610 Yishun Street 61 and competing Yishun blocks should centre on specific unit stack position, floor level, proximity to neighbourhood amenities, and personal preference rather than fundamental development quality, as the broader Yishun estate offers relatively homogeneous infrastructure standards and community characteristics.

Which unit stacks and floor levels at 610 Yishun Street 61 offer the best value?

Mid-range floor levels (typically floors 4–8) at 610 Yishun Street 61 historically offer the best value positioning, balancing the modest premiums associated with higher floors against the improved ventilation and reduced street-noise characteristics compared to lower levels. Ground and first-floor units command discounts of 8–15% relative to mid-level comparable units, reflecting reduced privacy, increased foot traffic, and environmental factors such as condensation and ground-level dampness in Singapore's tropical climate. Higher floors (levels 10 and above) command increasing premiums of 10–20% per floor, reflecting preferences for natural light, reduced ambient noise, and enhanced psychological benefit of elevated perspectives, with top-floor units occasionally commanding 30–40% premiums over ground-floor comparables. Stack position relative to lift banks materially influences value, with units positioned directly opposite lifts or stairwells typically offering discounts of 5–8% compared to quieter stack positions deep within corridors. Investor-purchasers seeking rental yield optimisation may find ground and lower-level units more attractive despite modest valuation discounts, as the rental market often demonstrates less sensitivity to floor level than owner-occupier preferences, enabling value arbitrage opportunities. First-time owner-occupiers should evaluate personal preferences for natural light and noise characteristics before automatically assuming higher floors warrant their premium pricing.

What is the future supply pipeline for HDB flats in Yishun and surrounding districts?

Yishun's development trajectory is substantially complete, with limited remaining sites available for new HDB construction or major residential infill, positioning the precinct as a mature, supply-constrained district relative to emerging areas like Sengkang and Punggol. The Government has clearly articulated its commitment to developing housing capacity in newer estates and town centres, concentrating future HDB supply growth in regions currently undergoing development rather than existing mature estates. This supply constraint dynamic historically supports steady demand for existing Yishun units, as the district represents an established residential alternative to newer precincts and offers immediate access to complete infrastructure networks without development risk. However, broader HDB market dynamics including interest rate environments, household formation patterns, and broader affordability trends will continue influencing Yishun demand regardless of local supply constraints. The North Region's demographic profile, dominated by established multigenerational families, suggests sustained demand for spacious HDB configurations such as 3-bedroom and 4-bedroom units at 610 Yishun Street 61. Potential future enhancements to regional transport infrastructure or North-South Line capacity upgrades could incrementally reinforce Yishun's regional competitiveness and property values over extended time horizons.

[For Sale] Hdb Flat At 610 Yishun Street 61 — From S$600K