Type

Units

Min Area

Price Range

3 BR

1076 sqft

S$3,500/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$3,500.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$700 on this acquisition.
Located 11 min (940 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.

641 Yishun Street 61: A Mature HDB Development in the Heart of Yishun

641 Yishun Street 61 represents an established housing option in one of Singapore's most vibrant and well-connected neighbourhoods. Located in the Yishun estate, this HDB development offers practical living solutions for families, upgraders, and investors navigating Singapore's dynamic residential market. The development benefits from its position within a mature, fully serviced residential precinct that has evolved into a comprehensive community hub.

The property sits in close proximity to NS14 Khatib MRT Station, positioned approximately 940 metres away, translating to a convenient walk of around eleven minutes. This accessibility to the North-South Line's Khatib interchange has long been a defining feature of Yishun's appeal, enabling residents to commute directly to the Central Business District, the East Coast corridor, and emerging employment nodes across the island. The straightforward rail connection reduces reliance on private transport and strengthens the development's utility for working professionals and students.

Residential Configuration and Space Standards

Units at 641 Yishun Street 61 are configured across multiple bedroom counts, with properties in the region of 1,076 square feet providing substantial living space by HDB standards. The multi-bedroom layouts cater to families seeking adequate room for children, home-working arrangements, and entertaining guests. Interior configurations typically include modern kitchen facilities, distinct living and dining zones, and bathrooms designed to accommodate multiple household members comfortably. The size profile places these units at a mid-range point within Yishun's broader stock, offering genuine value for upgraders moving from smaller flats or first-time buyers establishing family homes.

Neighbourhood Characteristics and Amenities

Yishun has matured into one of Singapore's most self-contained residential regions, with comprehensive retail, dining, and recreational infrastructure developed over decades. The immediate catchment around 641 Yishun Street 61 includes neighbourhood shops, food courts, and hawker centres serving daily essentials and meals. Residents have access to community centres, parks, and sports facilities scattered throughout the estate, supporting active and social lifestyles. Educational institutions, including primary schools, secondary schools, and junior colleges, are integrated throughout the precinct, making the neighbourhood particularly attractive to families with school-age children.

The maturity of Yishun's infrastructure contrasts favourably with newer estates still establishing their services. Supermarkets, banking facilities, and healthcare clinics are well distributed, meaning residents rarely need to venture far for routine errands. This established convenience factor has underpinned Yishun's sustained appeal across multiple generations of buyers and tenants.

Transportation and Connectivity

Beyond the Khatib MRT Station, the broader Yishun area benefits from an extensive bus network serving cross-island routes and feeder services. The North-South Line's integration with the Circle Line at Bishan and onwards to Marina Bay provides seamless connectivity for commercial and leisure travel. For motorists, the development's position near major arterial roads facilitates access to the Bukit Timah Expressway and onwards to the rest of the island. This multi-modal transport profile ensures that residents are not dependent on a single commute method, providing flexibility for evolving lifestyle and work arrangements.

Investment Considerations

The HDB secondary market in Yishun has historically demonstrated steady demand, supported by the estate's mature infrastructure, established community, and excellent transport connections. Properties in this area tend to attract both end-users upgrading from smaller flats and investors seeking rental yield opportunities. The rental market for HDB flats in Yishun remains active, with tenant demand driven by proximity to employment centres and the affordable nature of HDB living compared to private residential alternatives. For investors, the development's accessibility and established neighbourhood character represent factors likely to sustain tenant demand over time.

Prospective purchasers should evaluate their own investment horizon and financing capacity. HDB flats remain subject to specific ownership rules, including the Minimum Occupation Period (MOP) and resale eligibility requirements. Understanding these regulatory parameters is essential before committing capital to a purchase.

Market Positioning and Comparative Value

Properties at 641 Yishun Street 61 occupy a distinct market position within Yishun's broader residential landscape. The size, configuration, and location relative to MRT infrastructure position these units competitively against other available HDB stock in the North region. Transaction evidence from the secondary market in Yishun suggests that properties in this configuration and location band have attracted consistent buyer and tenant interest. The per-square-foot pricing reflects both the established nature of the estate and the accessibility advantages conferred by proximity to Khatib MRT Station.

Suitability for Different Buyer Profiles

For upgrading families seeking additional space without venturing into private residential territory, the multi-bedroom configurations available at 641 Yishun Street 61 address a genuine housing need. First-time buyers with adequate financing capacity may find the size and location alignment appealing for establishing a stable family home in a proven neighbourhood. Investors exploring HDB secondary market opportunities are likely to view the development's maturity, transport access, and rental market activity as positive indicators for medium-to-long-term holding strategies. The accessibility profile and neighbourhood amenities also appeal to retirees seeking a familiar, well-serviced residential setting without the complexity of newer estate environments.

Regulatory Framework and Ownership Conditions

As HDB properties, units at 641 Yishun Street 61 operate within Singapore's public housing regulatory structure. Purchasers must meet citizenship and ownership eligibility criteria, and properties are subject to resale restrictions and the Minimum Occupation Period. First-time HDB buyers benefit from certain grants and financing advantages, whilst upgraders may qualify for trade-in schemes. These regulatory provisions have sustained the HDB market's accessibility and affordability over decades, making HDB ownership a foundational housing pathway for the majority of Singapore's resident population.

Future Outlook and District Development

The Yishun district continues to benefit from ongoing infrastructural investments and community enhancement initiatives. The maturity of transport links, retail, and social infrastructure provides a stable foundation for property values. Unlike newer estates navigating the completion phase, Yishun's established character offers predictability for long-term planning. Any future developments or transport extensions in the broader North region are likely to strengthen rather than destabilise the existing neighbourhood's appeal.

641 Yishun Street 61 embodies the practical, accessible housing options that have made Yishun a cornerstone of Singapore's residential landscape. For buyers and investors seeking established neighbourhood character, reliable transport connectivity, and proven rental market activity, the development merits serious consideration within their housing search.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 641 Yishun Street 61 as an investment?

The rental yield for HDB flats at 641 Yishun Street 61 depends on the specific unit configuration, current market rental rates, and your purchase price. Yishun's established neighbourhood character, proximity to Khatib MRT Station, and mature infrastructure have sustained consistent tenant demand from working professionals, students, and families seeking affordable accommodation near transport hubs. Based on recent market activity, HDB flats of comparable size and location in Yishun have achieved gross rental yields in the region of 3–4% annually, though actual figures vary by unit type and lease tenure. Investors should factor in property taxes, maintenance contributions, and potential periods of vacancy when calculating net returns. Engaging a property manager familiar with Yishun's rental market can help maximise occupancy rates and rental income over your investment holding period.

How does the per-square-foot pricing at 641 Yishun Street 61 compare to recent HDB transactions in Yishun?

The per-square-foot pricing for units at 641 Yishun Street 61 reflects the development's established location, proximity to Khatib MRT Station, and current secondary market conditions in Yishun. Recent transaction evidence in the Yishun precinct demonstrates that HDB properties of comparable size and configuration have traded in a price band consistent with the current asking prices for this development. The 940-metre distance to Khatib MRT Station—walkable in approximately eleven minutes—has historically supported stable pricing relative to more remote Yishun locations. Prospective buyers should review recent sales data from the Housing Development Board's transaction registry to benchmark current offers against comparable units sold in the immediate vicinity over the past six to twelve months, ensuring they are negotiating from a position of informed market knowledge.

What is the Additional Buyer's Stamp Duty impact for a Singapore Citizen purchasing a second residential property at 641 Yishun Street 61?

A Singapore Citizen acquiring a second residential property at 641 Yishun Street 61 will incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. This ABSD is calculated and payable in addition to the standard Buyer's Stamp Duty and other conveyancing costs, significantly increasing the total cost of acquisition. For example, a purchase at S$450,000 would attract ABSD of S$90,000, payable upon completion of the transaction. Certain exemptions and reliefs may apply in specific circumstances—such as the death of a spouse—so buyers should consult with their conveyancing lawyer to understand their individual position. Planning for ABSD in your overall financing strategy is essential to ensure you have adequate capital reserves and are not overextending your debt servicing capacity.

Are there lease decay risks affecting the long-term resale value of units at 641 Yishun Street 61?

As an HDB property, the lease tenure structure at 641 Yishun Street 61 is fixed according to the original lease grant by the Housing Development Board. HDB leases are typically granted for 99 years, and as these flats age, the remaining lease duration will gradually decline. Properties with leases falling below 80 years become progressively less attractive to end-buyers and investors, as financing institutions impose stricter lending criteria and resale values moderate. The closer a property approaches the MOP and then the ten-year resale freeze point, the more acute this lease decay dynamic becomes. However, the Singapore Government's Home Improvement Programme has historically made provisions for lease renewal or top-ups in select cases, and the Government has indicated willingness to review schemes supporting ageing HDB stock. Prospective purchasers should establish the precise remaining lease duration, understand their projected holding period, and consider the long-term policy environment before committing capital to an older HDB property.

How does proximity to Khatib MRT Station affect demand and capital appreciation at 641 Yishun Street 61?

Proximity to Khatib MRT Station on the North-South Line has been a significant driver of demand and value retention across the Yishun estate for decades. The eleven-minute walk and 940-metre distance position 641 Yishun Street 61 within the optimal catchment for commuters seeking direct rail access to the Central Business District, Marina South, and onwards to Jurong and Bukit Batok employment nodes. Properties within walkable distance of MRT stations historically command price premiums and experience greater resilience during market corrections compared to more peripheral locations. The reliability of the North-South Line and Khatib's integration with broader transport infrastructure underpin sustained tenant and buyer demand. Capital appreciation at this development is likely to be supported by the stable and proven connectivity advantage, although broader market cycles, interest rate movements, and HDB policy changes will also influence long-term value trajectories.

Is 641 Yishun Street 61 suitable for high-net-worth buyers seeking residential investment opportunities?

High-net-worth individuals typically seek properties offering either exceptional capital appreciation potential, strong rental yield, or lifestyle positioning that justifies premium acquisition costs. For HNW buyers, 641 Yishun Street 61 is likely more attractive as a portfolio diversification vehicle than a primary wealth-building asset. The development's established neighbourhood character and proven rental market activity may appeal to HNW investors seeking steady, predictable income streams from a defensive, lower-volatility asset class. However, HNW buyers generally have greater flexibility to pursue premium private residential properties or newer HDB developments with newer lease tenures and development value. The most suitable HNW use case for this development would be an investor seeking to establish a stable rental property portfolio across multiple locations, generating consistent tenant income whilst preserving capital in a lower-risk asset. Professional tax and investment advice is essential before committing significant capital.

What are the Total Debt Servicing Ratio (TDSR) and financing headroom implications at typical price points for 641 Yishun Street 61?

The Total Debt Servicing Ratio (TDSR) framework limits borrowers to a maximum of 60% of gross monthly income when servicing all outstanding debts, including the new mortgage. At typical price points for units at 641 Yishun Street 61, first-time HDB buyers may find they have adequate financing headroom, particularly if securing HDB concessional loan rates (currently around 2.6% per annum) and benefit of HDB grants. For example, a purchase price of S$450,000 with an HDB loan of S$360,000 at 2.6% over 25 years equates to a monthly servicing cost of approximately S$1,650, requiring a gross monthly household income of S$2,750 to remain within TDSR. Upgraders and investors using bank financing face stricter TDSR calculations and higher interest rates, typically 3–4%, which materially increase monthly servicing costs and income requirements. Prospective buyers should obtain pre-approval from their lender and engage a financial adviser to stress-test their finances across rising interest rate scenarios before committing to an offer.

How does 641 Yishun Street 61 compare to competing HDB developments nearby in Yishun and adjoining precincts?

Yishun is a large, established estate with multiple HDB developments spanning several decades of construction. Competing properties include older blocks in peripheral Yishun locations, newer Build-to-Order (BTO) developments, and comparable resale flats in central Yishun areas closer to retail and transport nodes. The key comparative advantage of 641 Yishun Street 61 is its walkable distance to Khatib MRT Station—a feature not equally shared by all Yishun properties, particularly those in the deeper estate areas requiring bus feeder services. Compared to very recent BTO projects, this development may offer lower entry prices but potentially older lease tenures and no participation in the new-flat buyer grant schemes. Compared to more peripheral Yishun resale stock, 641 Yishun Street 61 commands a modest premium reflecting its transport accessibility. Serious buyers should conduct a structured comparison across three to five competing properties in Yishun and adjacent precincts (such as Sembawang or Ang Mo Kio) to establish fair market positioning and negotiate confidently.

Are certain unit stacks or floor levels at 641 Yishun Street 61 better positioned for long-term value and rental appeal?

Within HDB developments, lower and mid-range floor levels (typically floors 2–15) traditionally attract broader tenant and buyer demand due to easier access for families with young children, elderly occupants, and those with mobility considerations. Ground-adjacent and first-floor units face potential noise and privacy concerns from common corridors and external activity, potentially impacting both rental rates and resale desirability. Conversely, very high floors in taller blocks offer privacy and light advantages but may deter elderly residents and families with young children due to lift dependency and safety concerns. Mid-stack units (floors 5–12) on quieter facing sides often command the strongest rental demand and most stable value retention. For investors prioritising rental yield, mid-stack units with convenient access but away from main thoroughfares tend to achieve the highest occupancy rates and tenant retention. Buyers should physically inspect multiple units across different floors and stacks before deciding, whilst engaging experienced HDB agents familiar with floor-by-floor demand patterns in Yishun.

What is the future supply pipeline and district development outlook for Yishun that may influence long-term property values?

Yishun has been a mature estate for over three decades, and the primary future supply pipeline is now weighted towards BTO projects and selective rejuvenation initiatives rather than large-scale new precinct development. The Housing Development Board has indicated ongoing commitment to enhancing existing estates through improvements to facilities, transport nodes, and public spaces. The North region's broader development trajectory is also shaped by planning frameworks supporting Punggol as an emerging digital and employment hub, with potential spillover demand into adjacent precincts including Yishun. However, large-scale new supply in Yishun itself is unlikely to be a disruptive factor, as the Government's regional planning approach now prioritises North-East growth through Punggol rather than expansion of the Yishun precinct. This relatively constrained future supply profile supports stable demand and capital value maintenance for established stock like 641 Yishun Street 61. Prospective buyers should monitor Government announcements regarding estate rejuvenation programmes and any transport infrastructure enhancements that could further boost the neighbourhood's appeal and property values over your intended holding period.

Hdb Flat At 641 Yishun Street 61 — From S$3,500