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[For Sale] Hdb Flat At 718 Yishun Street 71 — From S$398K

718 Yishun Street 71

2 units listed 2 for sale
15 people are looking at this property right now
HDB

[For Sale] Hdb Flat At 718 Yishun Street 71 — From S$398K

HDB Flat at 718 Yishun Street 71
2 Units To Buy
For Sale
Type Units Min Area Price Range
2 BR 2 689 sqft S$398K – S$400K
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Property Highlights
  • 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.
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

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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.

Frequently Asked Questions

What rental yield can investors realistically expect from 2-bedroom units at 718 Yishun Street 71?

Based on comparable Yishun HDB properties and prevailing rental benchmarks, 2-bedroom units at this address typically generate gross rental yields between 3 and 4 percent annually, depending on entry acquisition price and tenancy phase. At the S$398,000 price point, this translates to approximately S$1,000 to S$1,330 monthly rental income, though actual returns depend on local market conditions at tenancy commencement and individual tenant negotiation. Investors should model cash-on-cash returns by factoring housing loan interest, maintenance contributions, and property tax against achievable rental rates, accounting for potential vacancy periods and tenant turnover costs. The MRT proximity historically supports steady tenant demand and lower vacancy rates relative to peripheral HDB precincts, potentially stabilising yields across economic cycles.

How does the per-square-foot pricing at 718 Yishun Street 71 compare to recent transactions in Yishun?

Properties at 718 Yishun Street 71 are priced at approximately S$578 per square foot (based on S$398,000 for 689 sqft), positioning them slightly below recent Yishun HDB benchmarks of S$700 to S$750 psf for comparable 2-bedroom stock. This valuation reflects lease decay stage, unit condition, and micro-location variations within the broader Yishun precinct, where properties nearer shopping centres and secondary schools command premium pricing. Buyers should cross-reference recent transaction data from HDB resale portals and property databases to verify positioning relative to contemporary comparables, as pricing can fluctuate based on seasonal demand, individual property condition, and prevailing financing environment. The relatively moderate per-square-foot cost supports accessibility for first-time buyers and entry-level investors compared to central and eastern suburban alternatives.

What is the Additional Buyer's Stamp Duty (ABSD) impact for a second property purchase at this address?

Singapore Citizen buyers acquiring a second residential property at 718 Yishun Street 71 are liable for Additional Buyer's Stamp Duty at 20 percent, payable on the purchase price above defined thresholds (currently S$180,000 for HDB properties). On a S$398,000 purchase, ABSD would approximate S$43,600, significantly increasing effective acquisition cost and total capital deployment. This duty structure must be incorporated into investment return calculations, as it effectively reduces net yield and extends payback horizons relative to first-property acquisitions. Second-property buyers should carefully model ABSD impact alongside financing costs and holding expenses to ensure projected returns justify the incremental capital commitment before proceeding.

What lease decay risks should buyers consider, and how might remaining lease tenure affect future resale value?

HDB properties at 718 Yishun Street 71 carry 99-year leasehold tenures, with remaining lease periods dependent on original development completion and any prior transactions. Properties approaching 30-year-remaining lease thresholds face financing constraints from mortgage providers and downward valuation pressure from conservative buyers concerned about insufficient lease runway for long-term holds. Buyers should verify exact remaining lease length before committing, as this fundamentally influences future resale marketability and long-term value preservation. The Housing and Development Board provides lease renewal options for qualifying owners, offering strategic flexibility for managing lease decay over extended ownership periods, though renewal applications require meeting specific eligibility criteria and processing timelines should be understood upfront.

How does proximity to Yishun MRT Station (NS13) influence property demand and capital appreciation prospects?

The 1.05-kilometre distance to Yishun MRT Station (NS13) positions 718 Yishun Street 71 within a highly desirable commuting catchment, supporting sustained tenant demand and capital resilience across market cycles. MRT-proximate properties historically exhibit lower vacancy rates, more stable rental pricing, and greater appeal to employed tenants valuing commute efficiency, translating to tangible yield and resale value advantages. The North-South Line connectivity to the CBD and major employment nodes reinforces long-term demand sustainability, as transport accessibility remains a primary consideration for both owner-occupiers and rental tenants. However, capital appreciation should moderate relative to emerging precincts with newer amenities, though rent growth and portfolio stability typically remain achievable, supported by consistent commuter demand and MRT reliability.

Which buyer profiles are best suited to 718 Yishun Street 71—first-timers, upgraders, or investors?

First-time buyers benefit from the accessible entry pricing from S$398,000, mature neighbourhood infrastructure, and established community fabric, reducing lifestyle transition shock from rental accommodation. The MRT connectivity and established schools support family-oriented first-timers seeking stable suburban living without central district cost premiums. Upgraders moving from smaller HDB units appreciate the additional bedroom and dual-bathroom configuration supporting household expansion, whilst the moderate price point preserves capital for renovation and financial buffers. Investors sourcing secondary-market properties find the stable rental profile and MRT accessibility appealing for portfolio diversification, though 20 percent ABSD liability for second-property acquirers requires careful return modelling. All buyer profiles should align their acquisition strategy with personal financial circumstances, financing capacity, and long-term ownership horizons before proceeding.

What TDSR and financing headroom exist at typical price points for this development?

At the S$398,000 price point with 80 percent LTV financing, monthly housing loan repayment typically approximates S$1,800 at prevailing interest rates, requiring household income above S$6,400 to maintain 28 percent TDSR compliance under HDB lending criteria (S$1,800 ÷ 0.28). Most employed buyers with established income documentation comfortably exceed this threshold, preserving material debt service capacity for discretionary spending and financial emergencies. Buyers should stress-test financing scenarios at 2 to 3 percent interest rate buffers above prevailing rates to assess headroom resilience if monetary conditions tighten during loan terms. Second-property acquirers should separately account for ABSD at 20 percent (approximately S$43,600) in total capital deployment calculations, ensuring adequate cash reserves remain for down payment, legal fees, and post-purchase contingencies.

How does 718 Yishun Street 71 compare to competing HDB developments in the North Region?

Comparable Yishun HDB precincts, including surrounding streets within the Yishun New Town, typically command pricing between S$700 and S$750 psf for similar 2-bedroom configurations, positioning 718 Yishun Street 71 slightly below contemporary benchmarks at approximately S$578 psf. This relative undervaluation may reflect lease decay stage, individual property condition, or micro-location variations rather than fundamental neighbourhood disadvantage. Nearby developments such as Sembawang HDB stock and older Hougang properties offer alternative North Region options, though Yishun maintains stronger MRT accessibility and more established commercial infrastructure. Buyers evaluating competing precincts should cross-reference recent transaction data and rent-to-value ratios across the North Region, as regional pricing dynamics and supply availability can meaningfully influence acquisition decisions and investment viability.

Which unit stacks or floor levels at 718 Yishun Street 71 offer optimal value and practical advantages?

Mid-floor units (typically floors 5 to 15) balance privacy from street-level noise against convenience of avoiding heavy lift usage, often commanding stable pricing relative to ground and top-floor alternatives. Higher floors generally attract premium pricing due to enhanced views and reduced noise exposure, though these premiums frequently exceed tangible quality-of-life improvements for most resident profiles. Lower floors offer greater convenience for elderly residents or families with young children minimising stair dependency, though noise exposure and privacy perception may offset practical advantages. Investors seeking rental yield should focus on floor and stack accessibility for diverse tenant preferences rather than owner-occupancy aesthetics, as rental demand spans multiple floor preferences depending on tenant household composition and accessibility needs.

What does the future supply pipeline in the North Region suggest for property value trends?

The North Region faces constrained new HDB supply over the medium term, with future Build-to-Order projects concentrated in emerging precincts such as Tengah and southern districts rather than established areas like Yishun. This supply constraint typically supports underlying price stability and rental demand for existing stock, as demand outpacing new supply provides structural support for secondary-market resale values. However, evolving residential preferences favouring newer precincts with contemporary sustainability features and modern amenities may gradually moderate 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 within realistic planning horizons given the MRT accessibility and mature community infrastructure supporting sustained demand.