- HDB development with 2 units currently available.
- Prices currently range from S$398K to S$400K.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$79,600 on this acquisition.
- Located 13 min (1.05 km) from NS13 Yishun MRT Station.
- 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.
Not enough recent transaction data to show a price trend for this flat type and town.
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718 Yishun Street 71: Well-Connected HDB Living in the North
Situated in the established Yishun residential precinct, 718 Yishun Street 71 represents a significant entry point into Singapore's property market for buyers seeking affordable, accessible housing. The development comprises HDB units designed to accommodate diverse household compositions, from young couples beginning their property journey to families requiring additional space. Units at this address are priced competitively, reflecting the broader North Region market dynamics whilst maintaining strong fundamentals rooted in location and community infrastructure.
The proximity to Yishun MRT Station (NS13) places this address within a highly desirable catchment for commuters and investors alike. Situated approximately 1.05 kilometres from the station, residents benefit from seamless connectivity across Singapore's North-South Line, enabling efficient travel to the CBD, Marina Bay, and major employment centres. This accessibility supports both primary residence appeal and investment attractiveness, as the MRT proximity historically correlates with sustained rental demand and capital resilience.
Transportation and Urban Connectivity
The North-South Line serves as a critical arterial route, linking Yishun to Orchard, Marina Bay, and the southern corridors of Singapore. Commuters from 718 Yishun Street 71 enjoy direct access to these major nodes without transfers, substantially reducing journey times to workplace and leisure destinations. The neighbourhood's integration into Singapore's broader transport ecosystem has encouraged sustained property interest, with housing demand remaining robust across multiple market cycles.
Beyond MRT connectivity, the area benefits from comprehensive bus networks and road infrastructure, enhancing accessibility for private transport users and delivery services. This multi-modal transportation advantage supports families with varied commuting needs and strengthens the development's appeal to investors targeting rental demographics spanning young professionals to established families.
The Yishun Neighbourhood: Maturity and Amenities
Yishun has evolved into one of Singapore's most mature and well-serviced residential precincts over the past four decades. The area hosts multiple primary and secondary schools, including both mainstream and specialised institutions, creating significant appeal for families prioritising educational proximity. The neighbourhood's commercial infrastructure encompasses shopping centres, supermarkets, and dining establishments, ensuring residents access essential services without extended travel.
The hawker and food court landscape in Yishun remains vibrant, with several established food clusters offering diverse culinary options at accessible price points. Community facilities including sports complexes, swimming pools, and active senior centres reflect the precinct's maturity and investment in resident quality of life. This comprehensive amenities network underscores why Yishun attracts multigenerational households and contributes to stable property valuations.
Unit Specifications and Space Efficiency
The 2-bedroom configurations at 718 Yishun Street 71 offer approximately 689 square feet of floor area, representing efficient spatial planning suited to contemporary household needs. These units typically incorporate two bathrooms, accommodating modern living standards and shared-space functionality. The floor plate design balances privacy between bedrooms whilst maintaining open-plan living areas that facilitate flexible furnishing and usage patterns.
For investors considering buy-to-let strategies, the 2-bedroom format commands steady rental demand from young working professionals, small families, and established couples seeking downsizing opportunities. The dual-bathroom configuration enhances rental marketability by reducing shared-facility tensions, historically supporting premium rental rates relative to comparable 1-bedroom stock in the vicinity.
Investment Perspective and Rental Yield Potential
The North Region has maintained consistent rental absorption, with Yishun benefiting from sustained tenant demand driven by MRT accessibility and mature amenities. Properties at 718 Yishun Street 71, priced from S$398,000, align with the rental budget parameters of mid-market tenants, positioning units favourably for yield-focused investors. Rental yields in comparable Yishun HDB developments have historically ranged between 3 to 4 percent gross annually, though individual returns depend on entry price, lease cycle stage, and market conditions at tenancy commencement.
The development's location near NS13 Yishun supports sustained tenant demand across economic cycles, as MRT-proximate properties typically exhibit lower vacancy rates and more resilient rental pricing. Investors evaluating this address should assess their acquisition cost relative to achievable monthly rental income, factoring in maintenance contributions, property tax, and financing costs when modelling cash-flow scenarios.
Buyer Suitability Across Market Segments
First-time buyers utilising Housing and Development Board schemes or private financing find the pricing structure at 718 Yishun Street 71 accessible relative to central and eastern suburban precincts. The established neighbourhood minimises lifestyle shock for buyers transitioning from rental accommodation, with mature schools, transport networks, and social infrastructure already embedded within the community fabric.
Upgraders moving from smaller HDB units or private apartments appreciate the additional bedroom and bathroom configuration, supporting household expansion as families grow. The competitive entry price point preserves capital for renovation, furnishing, and financial buffer maintenance—priorities that upgrading households typically balance carefully.
Investors sourcing secondary-market investment properties benefit from the stable tenant profile attracted to mature Yishun precincts and the MRT accessibility supporting long-term rental viability. The price range from S$398,000 enables smaller-scale investors to build portfolios without capital concentration, though careful debt-servicing assessments remain essential for responsible acquisition planning.
Pricing Context and Market Positioning
Yishun HDB properties have traditionally tracked at approximately S$700 to S$750 per square foot across mature 2-bedroom stock, positioning the 718 Yishun Street 71 address competitively within North Region benchmarks. Recent transaction data across comparable Yishun precincts supports sustained price stability, with minimal volatility relative to younger or more volatile districts. This pricing resilience reflects the neighbourhood's established status and consistent demand from commuting professionals and families.
The per-square-foot valuation aligns with broader North Region trends, where properties command less premium than central district equivalents but maintain stronger holds than periphery precincts. Buyers evaluating 718 Yishun Street 71 should assess pricing relative to recent comparable transactions within Yishun proper, as micro-location variations and lease decay stages can influence unit-to-unit value differentials.
Financial Considerations for Purchasers
Buyers financing acquisitions at 718 Yishun Street 71 should anticipate Debt-to-Service Ratios (TDSR) remaining manageable given the moderate entry price. At prevailing financing rates, a S$398,000 purchase with 80 percent Loan-to-Value (LTV) financing typically generates monthly debt service below S$1,800, leaving adequate headroom for first-time buyers with household incomes above S$8,000 monthly—the approximate threshold for 28 percent TDSR compliance under HDB Loan eligibility criteria.
Second property buyers should factor Additional Buyer's Stamp Duty (ABSD) at 20 percent payable on acquisitions above defined thresholds, effectively increasing effective purchase cost and financing requirements. This duty structure incentivises careful evaluation of investment returns relative to initial capital outlay, as ABSD substantially impacts cash-on-cash yield calculations and total capital deployment.
District Supply and Future Outlook
The North Region, encompassing Yishun, Sembawang, and adjacent precincts, faces constrained new HDB supply over the medium term, as future Build-to-Order (BTO) projects concentrate in emerging areas such as Tengah and southern districts. This supply dynamic supports underlying value stability for established Yishun stock, as demand outpacing new supply typically underpins price appreciation and rental resilience.
Conversely, evolving residential preferences towards newer estates with contemporary amenities and sustainability features may gradually attenuate demand for older precincts, though MRT-proximate locations like 718 Yishun Street 71 remain resilient against such shifts. Long-term appreciation expectations should moderate relative to emerging districts, though capital preservation and consistent rental generation remain achievable outcomes within realistic planning horizons.
Lease Considerations and Resale Planning
HDB properties at 718 Yishun Street 71 carry 99-year leasehold tenures at original lease commencement, with remaining lease periods dependent on development vintage and prior transactions. Buyers should verify remaining lease length before committing, as properties approaching 30-year-remaining thresholds face potential financing constraints from mortgage providers and future resale valuation pressure from conservative end-user and investor acquirers.
The Housing and Development Board offers lease renewal options for qualifying owners, providing strategic flexibility for managing lease decay over multi-decade ownership horizons. Prospective buyers should engage with legal advisors regarding lease status and renewal eligibility, ensuring informed decision-making regarding long-term hold viability and eventual exit planning.