Type

Units

Min Area

Price Range

4 BR

1571 sqft

S$780K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$780K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$156K on this acquisition.
Located 8 min (690 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.

611 Yishun Street 61: Quality HDB Living in Yishun

611 Yishun Street 61 stands as a respected residential address within Yishun, one of Singapore's most established public housing estates. This development comprises spacious HDB flats that have become a cornerstone of family living in the North Region. The address, positioned strategically within Yishun Street, benefits from the maturity of this decades-old estate and continues to attract buyers seeking stable, well-serviced residential environments.

The flats at this location offer generous proportions, with units spanning approximately 1,571 square feet and featuring four-bedroom layouts. These dimensions provide ample space for families seeking room to grow without the premium pricing of newer developments. The configurations are designed to accommodate multi-generational households and those requiring dedicated home office or study areas—a consideration that has grown in importance since the widespread adoption of hybrid work arrangements.

Connectivity and Transport Access

Khatib MRT Station (NS14) lies just 690 metres away, accessible within an 8-minute walk. This proximity positions residents within Singapore's direct mass rapid transit network, with straightforward connections to the North-South Line serving both the northern and southern corridors of the island. The station provides seamless access to central business districts, major employment hubs, and educational institutions across Singapore, making the development particularly appealing to working professionals and families with diverse commute patterns.

Beyond MRT access, the area benefits from comprehensive bus services that crisscross the estate, linking residents to shopping facilities, healthcare providers, and recreational spaces throughout Yishun and adjacent precincts.

Community and Neighbourhood Character

Yishun has matured into a self-contained community with comprehensive amenities embedded within its fabric. The estate hosts multiple primary and secondary schools, making it an attractive choice for families with children at various educational stages. The Yishun Central shopping centre and Northpoint Shopping Centre provide everyday retail and dining options without necessitating travel beyond the estate. Healthcare services, including a polyclinic and private medical facilities, ensure residents maintain ready access to medical care.

The neighbourhood has cultivated a stable, established character over decades. Residents benefit from mature, well-rooted community infrastructure and a housing market that has demonstrated consistent demand across various economic cycles. This maturity translates into reliable resale liquidity and a broad buyer pool when owners eventually decide to exit.

HDB Lease and Long-Term Value Considerations

As an HDB development, 611 Yishun Street 61 operates under Singapore's public housing system. HDB flats in mature estates like Yishun command strong resale interest, though buyers should understand the principles governing lease decay and residual value. Flats in established estates continue to perform well in the secondary market, particularly when they offer spacious floor plans and convenient location factors such as proximity to transport and town centres. The development's age and market position make it an accessible entry point for upgraders and investors seeking established residential stock with transparent pricing structures.

Investment and Owner-Occupancy Appeal

From an owner-occupancy perspective, flats at this address appeal to families seeking stability, established community infrastructure, and accessible transport connectivity. The generous square footage accommodates extended family living and provides flexibility for home-based work arrangements. The location positions residents within a mature, self-sufficient town rather than a newer, emerging precinct.

For investors, the development operates within Singapore's HDB rental framework, permitting subletting of flats once the Minimum Occupation Period has been satisfied. The established nature of the estate and its proximity to the MRT station support tenant demand, though investors should evaluate rental yields against purchase price and running costs to establish genuine investment returns.

Price Range and Market Positioning

Flats at 611 Yishun Street 61 are available from S$780,000, positioning this development within the accessible range for first-time upgraders, growing families, and investors seeking established HDB stock. The pricing reflects the estate's maturity, generous square footage, and proven market demand. This price point remains substantially lower than comparable new or near-new HDB developments in growth areas, yet maintains the reliability and established community features that define mature Yishun.

Comparison Within the Yishun Market

Within Yishun's broader housing landscape, 611 Yishun Street 61 occupies a competitive position. The development competes with other mature estate addresses within Yishun, as well as with newer HDB launches in fringe areas. However, its established location, town centre proximity, and MRT accessibility provide advantages over developments positioned further from major transport nodes. The four-bedroom format appeals to a different buyer cohort than the one-room and two-room flat segments that dominate newer Build-to-Order schemes, capturing demand from families upgrading from smaller flats or relocating to the North Region.

Future-Proofing Your Purchase

Buyers considering 611 Yishun Street 61 should evaluate the development within the context of Yishun's long-term development plans and the broader North Region strategy. Established estates like Yishun continue to benefit from planned infrastructure investments and estate renewal programmes that enhance community facilities and maintain housing standards. The presence of the MRT station insulates the area from transport redundancy, a key factor underpinning sustained demand for HDB flats in mature estates.

The flats represent a grounded choice for those prioritising established community infrastructure, reliable transport access, and transparent pricing mechanisms over speculative appreciation potential. Owner-occupiers and investors alike should approach this development as part of a portfolio strategy rather than as an isolated acquisition, considering how the holding serves broader residential and financial objectives over a 5- to 10-year horizon.

Frequently Asked Questions

What rental yield can I expect if I purchase a flat at 611 Yishun Street 61 as an investment property?

HDB flats at 611 Yishun Street 61, once past the Minimum Occupation Period, can be sublet to generate rental income. With purchase prices from S$780,000 and monthly rents for four-bedroom HDB flats in Yishun typically ranging between S$2,800 and S$3,500, gross rental yields generally fall between 4.3% and 5.4% annually. However, investors must account for property tax, maintenance contributions, and HDB administration fees, which reduce net yield to approximately 3.5% to 4.5% depending on the specific unit and market conditions. The mature estate location and MRT proximity support consistent tenant demand, though yields remain modest relative to private residential stock and should not be the sole investment rationale.

How does the price per square foot at 611 Yishun Street 61 compare to recent transactions in Yishun?

Flats at 611 Yishun Street 61 with floor areas around 1,571 square feet priced from S$780,000 translate to approximately S$496 per square foot. Recent comparable transactions within Yishun for mature four-bedroom HDB flats have ranged between S$480 and S$520 per square foot, positioning this development within the current market range. Pricing reflects the development's established location, town centre proximity, and MRT connectivity rather than premium positioning. Buyers should note that newer HDB developments in fringe areas may offer lower per-square-foot pricing but lack the established infrastructure and mature community amenities that characterise 611 Yishun Street 61.

What is the Additional Buyer's Stamp Duty impact if I'm buying this as a second residential property?

Singapore Citizens purchasing a second residential property face Additional Buyer's Stamp Duty (ABSD) at 20% of the purchase price, effective immediately. For a flat priced at S$780,000, ABSD would amount to S$156,000, significantly increasing the total acquisition cost. First-time buyers are exempt from ABSD, as are Singapore Citizens purchasing their first residential property. Permanent Residents and foreign buyers face higher ABSD rates. Buyers should factor this 20% ABSD liability into their financial planning and consult a tax adviser to explore any available exemptions or deferral options before committing to purchase.

How does lease decay affect the long-term resale value of an HDB flat at this address?

As an HDB flat, 611 Yishun Street 61 operates under Singapore's public housing lease framework, typically featuring 99-year leases with lease commencement in the 1980s or early 1990s. Lease decay becomes a material resale consideration as the remaining lease period falls below 60 years, at which point financial institutions reduce loan-to-value ratios and buyers increasingly discount purchase prices. Depending on the exact flat's age, buyers currently purchasing may face lease decay considerations within a 15- to 25-year holding period. HDB flats with remaining lease periods below 70 years experience measurable price compression and reduced buyer pools. Prospective purchasers should request the exact lease commencement date and calculate the remaining lease duration to understand potential future resale dynamics.

How important is Khatib MRT Station proximity to capital appreciation and resale demand at this development?

Proximity to Khatib MRT Station (NS14) is a significant demand driver for 611 Yishun Street 61. MRT connectivity directly influences desirability and rental yield for investment properties, as tenants consistently prioritise transport access. The eight-minute walk distance positions residents within the optimal catchment zone for MRT commuters and minimises reliance on personal transport or bus connections. Historically, HDB flats within 400 metres of MRT stations command 5% to 8% price premiums relative to similar units further from transit hubs. This proximity insulates the development from transport redundancy risk and supports sustained capital appreciation potential. Buyer demand for the development remains robust specifically because of this connectivity factor, making it a key determinant of long-term resale performance.

Which buyer profiles are best suited to 611 Yishun Street 61—upgraders, first-timers, or investors?

The development appeals across multiple buyer cohorts. For upgraders, the spacious four-bedroom layout and established community infrastructure address the needs of growing families transitioning from smaller HDB flats or private apartments. First-time HDB buyers seeking stability may find the mature estate's transparent pricing and proven market demand reassuring, though they should prioritise understanding lease decay implications before purchase. For investors, the stable rental market, MRT connectivity, and predictable operating costs within the HDB framework provide straightforward investment mechanics, though modest gross yields of 4% to 5% suggest this suits portfolio diversification rather than high-yield targeting. Owner-occupiers represent the primary buyer demographic, attracted by the balance of space, established amenities, and accessible pricing rather than speculative appreciation.

What financing headroom and TDSR implications should I consider at typical price points for this development?

Flats priced from S$780,000 at 611 Yishun Street 61 typically support mortgage financing up to 80% of purchase price for HDB flats, equating to approximately S$624,000 in loan amount. Assuming a 25-year repayment period at prevailing mortgage rates around 3.5% to 4.0%, monthly mortgage repayments would fall between S$2,800 and S$3,100. Total Debt Servicing Ratio (TDSR) regulations limit housing and non-housing debt servicing to a maximum 60% of gross monthly income, meaning buyers should target minimum monthly household incomes of approximately S$5,800 to S$5,200 to comfortably service the mortgage without exceeding TDSR thresholds. Buyers with existing debts (vehicle loans, credit cards, personal loans) must factor these obligations into TDSR calculations, which may reduce financing headroom. Early mortgage repayment or cash purchases enhance overall financial flexibility.

How does 611 Yishun Street 61 compare to competing HDB developments in the surrounding area?

Within the Yishun precinct, 611 Yishun Street 61 competes directly with other mature estate addresses such as Yishun Avenue and Yishun Ring Road developments. The comparable advantage lies in the established town centre proximity and consistent MRT connectivity. Newer HDB developments in fringe areas such as Tengah or northern growth zones offer lower per-square-foot pricing and modern fittings but lack the mature community infrastructure and town centre accessibility. Private residential alternatives in adjacent areas command substantially higher price points, positioning HDB flats at 611 Yishun Street 61 as the most accessible option for families seeking the Yishun location. The development's four-bedroom emphasis differentiates it from Build-to-Order schemes focused on two- and three-bedroom configurations, capturing a distinct buyer segment.

Which unit stack or floor level offers the best value balance at this development?

Within 611 Yishun Street 61, mid-floor units (typically floors 4 through 8) offer optimal value balance, avoiding ground-level exposure to noise and street activity whilst providing practical lift accessibility and natural ventilation. Ground and first-floor units often experience premium price discounts of 3% to 5% due to noise proximity and privacy perceptions, making them attractive for cost-conscious buyers willing to trade these factors. Higher floors (9 and above) command modest premiums of 2% to 4%, reflecting improved views and reduced noise, though the financial increment may not justify the premium for families with young children who benefit from ground-level access to common play areas. Mid-stack positioning provides the psychological comfort of elevation without premium pricing, whilst maintaining practical lift accessibility. Ultimately, unit selection should align with personal preferences and lifestyle factors rather than speculative appreciation expectations.

What future supply pipeline in the North Region could impact demand and pricing at this development?

The North Region, including Yishun, faces planned HDB supply through Build-to-Order launches in growth areas such as Tengah and future developments along expanded transport corridors. However, these new launches typically target first-time buyers and upgraders with lower floor-area expectations (two- and three-bedroom focus), competing less directly with four-bedroom mature estate stock like 611 Yishun Street 61. Private residential supply growth in nearby precincts may attract upgraders seeking premium finishes and amenities, potentially moderating demand for HDB flats among high-income households. Conversely, estate renewal initiatives and infrastructure investments within Yishun itself tend to enhance property values and sustain demand. The North Region's overall population growth and economic diversification continue to support sustained demand for accessible, well-located HDB housing, mitigating meaningful negative supply-driven pricing pressure on established developments.

Are there any town planning or estate renewal programmes that could affect this development's future value?

Yishun, as a mature estate, periodically undergoes selective town renewal and infrastructure upgrading programmes that enhance community facilities and housing standards without displacing residents. Historical precedent suggests that HDB estates benefit from these renewal initiatives through improved common facilities, upgraded town centres, and better utilities infrastructure. The HDB has signalled ongoing investment in mature estate refurbishment, including lift upgrading, enhancing recreational facilities, and improving pedestrian connectivity. These programmes typically enhance property valuations by 2% to 5% over multi-year cycles rather than causing disruption or depreciation. Buyers should monitor official HDB and Yishun town council announcements regarding planned renewal activities, though such initiatives rarely negatively impact established flats. The presence of consistent government investment in the precinct provides an additional security factor for long-term ownership at 611 Yishun Street 61.

[For Sale] Hdb Flat At 611 Yishun Street 61 — From S$780K