Type

Units

Min Area

Price Range

3 BR

1001 sqft

S$830K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$830K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$166K on this acquisition.
Located 9 min (760 m) from CR6 Tampines North MRT Station (U/C).

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.

627A Tampines Street 61: A Prominent HDB Development in Singapore's East

627A Tampines Street 61 represents a well-established residential enclave within one of Singapore's most vibrant planning areas. Situated in the heart of Tampines, this development offers a compelling choice for buyers seeking quality housing with convenient access to transport, retail, dining, and recreational facilities. The project comprises multiple units with varying configurations, providing flexibility for different household compositions and lifestyle preferences.

Tampines has long been recognised as a mature, family-oriented neighbourhood with consistent property appreciation over the decades. The district benefits from extensive greenery, planned infrastructure, and a strong sense of community. Properties in this locale have demonstrated resilience across property cycles, making them attractive to both owner-occupiers and investors pursuing long-term capital growth.

Location, Accessibility, and Transport Infrastructure

The development enjoys a strategic position within walking distance of Tampines North MRT Station, which is currently under construction. Once operational, this station will significantly enhance connectivity, reducing travel times to the city centre and other major employment hubs across the island. The proximity to this emerging transport node positions 627A Tampines Street 61 favourably for commuters who rely on public transit, whilst also supporting potential rental demand from working professionals.

Beyond the MRT, the area is well-serviced by bus routes connecting to schools, shopping centres, and healthcare facilities. The neighbourhood's integration into Singapore's transport master plan suggests that accessibility will only improve as the Tampines North Station comes online, potentially driving sustained property demand in the immediate vicinity.

Unit Configurations and Space

The development offers units ranging up to three bedrooms with two bathrooms, with internal areas around 1,001 square feet. These configurations cater to growing families, upgraders moving from smaller units, and investors seeking layouts with broad market appeal. The spacious footprint allows for flexible furniture arrangement and comfortable living, particularly valuable in a densely populated urban setting.

Buyers will find that the unit mix within the development provides options across different price points, enabling purchasers to select a configuration and floor level that aligns with their budget and lifestyle requirements. Mid to higher floor units typically command a premium due to enhanced views and reduced street-level noise, whilst lower floors may appeal to those prioritising accessibility and resale to elderly residents.

Investment Potential and Rental Yield

For investors, 627A Tampines Street 61 presents an interesting proposition in the HDB resale market. The combination of established amenities, proximity to an upcoming MRT station, and broad unit appeal suggests reasonable rental potential. The development's location in Tampines—a mature district with strong demographic diversity—means tenant pools typically include young professionals, growing families, and expatriates seeking affordable, well-serviced accommodation.

Estimated gross rental yields in this price segment and location typically range between 3% and 4%, depending on unit configuration and current market rates. Investors should factor in property tax, maintenance contributions, and management fees when calculating net returns. The upcoming Tampines North MRT Station will likely strengthen rental demand as commute times improve, potentially supporting both occupancy rates and achievable rental rates over the medium term.

Pricing and Value Proposition

Units are available from approximately S$830,000, placing the development in an accessible range for upgraders stepping up from smaller units or first-time buyers entering the HDB market with co-buyer support. The per-square-foot pricing remains competitive relative to other comparable developments in the Tampines precinct, particularly given the imminent transport upgrade.

Prospective buyers should be aware that pricing in the HDB resale market fluctuates based on lease remaining, floor level, unit age, and proximity to amenities. The development's maturity means units benefit from established neighbourhoods with settled communities, though buyers should verify the precise lease tenure of any unit of interest and understand how lease decay might affect long-term resale value.

Financing and Affordability

For owner-occupiers seeking mortgage financing, most units in this price range will fall comfortably within typical loan-to-value (LTV) ratios of 80% for HDB properties, meaning a 20% down payment would secure financing. Total Debt Servicing Ratio (TDSR) considerations should be assessed on a personal basis, as lenders typically cap monthly debt commitments at 60% of gross household income. At the quoted price point, a household with combined monthly income exceeding S$13,800 would typically meet TDSR thresholds comfortably, though this varies by lender and existing obligations.

First-time buyers may benefit from CPF Housing Grants if they meet eligibility criteria, which can offset the initial cash outlay required. Upgraders should account for the 20% Additional Buyer's Stamp Duty (ABSD) applicable to second residential property purchases as Singapore Citizens, which would add approximately S$166,000 to the acquisition cost on a S$830,000 unit—a material consideration for financial planning.

Demographic Suitability and Buyer Profiles

The development caters effectively to multiple buyer personas. First-time buyers value the accessible entry price, mature neighbourhood stability, and straightforward HDB management framework. Upgraders appreciate the extra space and amenities compared to smaller units or private housing alternatives at equivalent price points. Families are drawn to the established schools network, parks, and child-friendly infrastructure throughout Tampines. Investors recognise the rental stability and potential for capital appreciation as transport connectivity improves.

High-net-worth individuals occasionally consider this segment as a value-accretive diversification asset or as bridging accommodation during renovations of primary properties, though the development primarily serves middle-income household segments.

Future Outlook and District Planning

Tampines remains a focal point for Singapore's long-term urban planning. The commencement of Tampines North MRT Station represents a significant infrastructure milestone that will reshape transport dynamics in this sector. New commercial and residential projects earmarked for Tampines suggest continued vibrancy and amenity enhancement over the coming decade.

The HDB resale market in Tampines has historically tracked broader property cycles well, with mature estates demonstrating resilience during downturns and solid appreciation during upturn periods. The influx of younger populations to support the new MRT station precinct may also sustain demand across the wider Tampines area, benefiting established developments like 627A Tampines Street 61.

Conclusion

627A Tampines Street 61 offers a compelling combination of established residential character, accessible pricing, forthcoming transport enhancement, and broad unit appeal. Whether you are a first-time owner seeking affordable entry into the property market, an upgrader pursuing greater space and amenity access, or an investor identifying resilient assets in a mature, well-planned locale, this development merits serious consideration. The upcoming MRT station and continued district investment position this address favourably for both occupancy satisfaction and long-term value preservation.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 627A Tampines Street 61 as an investment?

Gross rental yields for units in this development typically range between 3% and 4% annually, depending on unit size, floor level, and prevailing market rental rates. A 3-bedroom unit at 627A Tampines Street 61 would likely command a monthly rent between S$2,500 and S$3,200, translating to the above yield range on a purchase price of S$830,000. Investors must deduct property tax (approximately 4% to 6% of annual rent), sinking fund contributions, and management fees to arrive at net yield. The imminent opening of Tampines North MRT Station is expected to lift rental demand in the precinct as commute convenience improves, potentially supporting both occupancy and achievable rental rates over the medium term.

How does the per-square-foot pricing of 627A Tampines Street 61 compare to recent resale transactions in Tampines?

At a price point of S$830,000 for approximately 1,001 square feet, 627A Tampines Street 61 reflects a per-square-foot valuation of roughly S$829 to S$830, positioning it competitively within the Tampines HDB resale market. Recent comparable transactions in the surrounding precinct have demonstrated per-square-foot valuations ranging from S$800 to S$880, depending on lease tenure, floor level, unit condition, and exact location within the estate. The development's maturity and well-established amenities support its positioning within this range, whilst the proximity to the soon-to-open Tampines North MRT Station provides a value-supportive tailwind. Buyers should verify individual unit lease remaining and condition, as these variables can create meaningful price variation even within the same project.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I am a Singapore Citizen purchasing a second residential property at this development?

As a Singapore Citizen purchasing a second residential property, you are liable for 20% ABSD on the purchase price. On a S$830,000 unit, this equates to approximately S$166,000 in additional duty payable to IRAS upon completion. This charge represents a material cost that must be factored into total acquisition expense and financing headroom calculations. The ABSD applies in addition to the standard Buyer's Stamp Duty (BSD) of 1% for HDB resales, meaning your total stamp duty outlay would be approximately S$174,300 (20% ABSD plus 1% BSD). First-time HDB buyers and Singapore Citizens purchasing their first residential property are exempt from ABSD, so this consideration applies only to upgraders or investors with existing property holdings.

What lease tenure does 627A Tampines Street 61 have, and how might lease decay affect resale value?

627A Tampines Street 61 is an HDB development, and HDB properties are typically granted on a 99-year leasehold basis, though you should verify the exact lease commencement date for any specific unit of interest. As leases approach certain thresholds—typically below 85 years remaining—mortgage financing becomes progressively restricted, and valuation may decline as future buyer pools narrow. A unit currently with 70 years remaining might see a notably lower resale value and reduced financing eligibility compared to an otherwise identical unit with 85+ years. For units at 627A Tampines Street 61, lease decay is a factor that accelerates in importance as the property ages; buyers should request a HDB resale statement confirming exact lease tenure and factor potential future depreciation into their investment thesis. Upgraders planning to occupy the property long-term are less sensitive to lease decay than investors; conversely, investors should prioritise units with longer leases remaining to maximise future exit optionality.

How will Tampines North MRT Station (under construction) affect demand and capital appreciation for 627A Tampines Street 61?

The imminent opening of Tampines North MRT Station represents a transformational infrastructure development that will materially enhance transport connectivity for properties in this precinct, including 627A Tampines Street 61. Once operational, the station will reduce commute times to the city centre and other major employment clusters, strengthening appeal to working professionals and commuters—a core demographic for this development. Historical precedent across Singapore demonstrates that HDB properties within 400-600 metres of newly opened MRT stations typically experience accelerated capital appreciation in the first 3-5 years post-opening, as accessibility premiums are reflected in market prices. At approximately 760 metres (9 minutes walk) from Tampines North MRT Station, units at this development fall within the secondary catchment zone where transport benefits are material but not as pronounced as first-ring properties; nonetheless, demand strength and rental-worthiness should improve noticeably upon station commissioning. The MRT upgrade also catalyses broader precinct redevelopment, commercial activity, and amenity investment, creating a positive feedback loop for property values in the surrounding area.

Which buyer profiles are best suited to 627A Tampines Street 61, and why?

First-time HDB buyers find strong appeal in 627A Tampines Street 61 because of the accessible price point (well-positioned within first-time buyer budgets even with CPF limits and co-buyer arrangements), established neighbourhood stability, and straightforward HDB ownership framework. Upgraders moving from smaller 2-bedroom units or first-generation HDB flats appreciate the additional space, modern amenities, and mature precinct character. Young families value the comprehensive school network, parks, childcare facilities, and family-oriented community ethos prevalent throughout Tampines. Property investors recognise the combination of steady rental demand, capital preservation potential, and proximity to emerging transport infrastructure as collectively supporting medium-term value accretion and occupancy stability. Higher-net-worth individuals occasionally acquire units in this development as diversification investments or as stopgap accommodation during primary residence renovations, though the typical buyer profile remains middle-income households seeking practical, well-located housing rather than ultra-high-net-worth segments.

What TDSR headroom exists at typical price points for 627A Tampines Street 61, and how much financing can I expect to secure?

For a unit priced at S$830,000 with 80% LTV financing, a buyer would require a 20% down payment of approximately S$166,000 and secure a mortgage of S$664,000. Assuming a 30-year tenure and a current HDB interest rate of approximately 2.6%, monthly repayments would approximate S$2,750. Most HDB lenders cap Total Debt Servicing Ratio (TDSR) at 60% of gross household income, meaning a household with combined monthly income of S$13,800 or higher would comfortably satisfy financing headroom requirements for this purchase price point. However, buyers with existing loan obligations (car loans, personal loans, credit card debt, student loans) will see available TDSR headroom reduced accordingly, potentially requiring larger down payments or limiting affordable purchase prices. First-time owner-occupiers should engage a HDB-approved bank early in the purchase process to obtain a pre-qualification letter confirming exact financing capacity based on personal income and liabilities; this step prevents later disappointment and clarifies negotiating position.

How does 627A Tampines Street 61 compare to nearby competing HDB developments in terms of value and amenities?

627A Tampines Street 61 competes directly with other mature HDB estates in the Tampines East and Central zones, such as nearby developments built within the same generation and offering comparable unit configurations. Relative to newer Build-To-Order (BTO) developments in Tampines or the adjacent Pasir Ris precinct, 627A Tampines Street 61 commands a modest premium due to its established location, immediate occupancy, and maturity-driven amenity density. However, compared to resale units in prime-location developments closer to Tampines Central MRT Station, properties at 627A Tampines Street 61 typically offer better per-square-foot value, making them attractive for budget-conscious buyers willing to trade proximity to the central precinct for cost savings. The upcoming Tampines North MRT Station will shift competitive positioning, potentially elevating valuations for properties in the secondary catchment (including 627A Tampines Street 61) as transport connectivity improves and new commercial activity gravitates toward the station precinct. Buyers should compare specific floor levels, unit condition, and remaining lease tenure across competing stock to identify optimal value within the broader market.

Are certain unit stacks or floor levels at 627A Tampines Street 61 better positioned for value retention and resale appeal?

Mid to higher floor units (approximately levels 8-20) typically command a 5%-10% premium over lower floors due to enhanced views, reduced street-level noise, and perceived prestige. For a S$830,000 unit, this could translate to a S$40,000-S$80,000 price differential between comparable units on different storeys. Lower floor units (levels 2-4) appeal to elderly residents, buyers with mobility concerns, and investors targeting specific tenant demographics; these units often achieve faster resale velocity despite lower absolute pricing. Ground-floor and mezzanine units may face reduced demand due to privacy and security concerns, though they occasionally attract investors seeking maximum tenant pools. For long-term owner-occupiers, mid-level floors (8-12) represent a balance between cost, light, and privacy. For investors, unit stack location matters less than configuration appeal and rental catchment; a well-configured lower-floor unit may achieve superior net rental yield than a premium-priced higher-floor unit with identical bedrooms. The development's age and height mean most units benefit from reasonable natural light and ventilation, minimising the extreme floor-level value variance seen in tall developments.

What future supply pipeline exists for HDB properties in Tampines, and could this impact long-term appreciation for 627A Tampines Street 61?

Tampines remains an active HDB growth area with ongoing BTO launches, though the cadence of new supply has moderated compared to earlier decade phases. The HDB's long-term planning targets continued renewal and minor new housing development in selected pockets, but Tampines is viewed as a mature estate requiring selective infill rather than wholesale expansion. The imminent opening of Tampines North MRT Station will catalyse modest new residential projects in the immediate station precinct, but these will likely be concentrated within a 400-metre radius of the station itself, limiting direct impact on properties like 627A Tampines Street 61 located further afield. From a supply perspective, the constraint of available land and the HDB's preference for targeted intensification mean Tampines is unlikely to experience a flood of new competing stock. This supply discipline, combined with consistent demographic demand from working-age populations and families, supports a benign long-term outlook for resale properties in established locations. Buyers should recognise that while new BTO projects may temporarily attract first-time buyer interest, the established character and immediate occupancy of mature resale developments like 627A Tampines Street 61 retain distinct appeal for upgraders and investors, underpinning continued demand and capital value.

[For Sale] Hdb Flat At 627A Tampines Street 61 — From S$830K