- HDB development with 2 units currently available.
- Prices currently range from S$750K to S$750K.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$150K on this acquisition.
- Located 10 min (840 m) from CP2 Elias MRT Station (U/C).
- 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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745 Pasir Ris Street 71: A Mature HDB Development in East Singapore
745 Pasir Ris Street 71 represents a well-established housing development in one of Singapore's most developed eastern residential precincts. Situated within the Pasir Ris planning area, the project offers a range of multi-room configurations designed to accommodate diverse household compositions and lifestyle requirements. The development has solidified its position as a notable address in the district, attracting buyers across multiple segments including first-time upgraders, growing families, and property investors seeking exposure to the eastern corridor.
The location benefits from a mature estate environment with decades of community development. Pasir Ris itself has evolved into a comprehensive residential zone with established shopping, dining, and recreational facilities. Residents enjoy convenient access to retail outlets, hawker centres, and educational institutions that have developed organically within the planning area. This infrastructure maturity reduces the speculative element common in newer estates and provides immediate utility for occupiers.
Proximity to Elias MRT Station: A Game-Changer for Connectivity
One of the most significant developments affecting the medium to long-term appeal of 745 Pasir Ris Street 71 is the proximity to Elias MRT Station, currently under construction. The station sits approximately 840 metres away, equivalent to a comfortable 10-minute walk. Upon completion, this proximity will substantially enhance accessibility to the broader Singapore rail network, enabling residents to reach central business districts, employment hubs, and leisure destinations with markedly greater speed and convenience than reliance on bus transport alone.
The arrival of MRT connectivity typically triggers noticeable shifts in property demand dynamics within a one-kilometre catchment radius. Historical precedent across Singapore suggests that properties within easy walking distance of new rail stations experience both increased rental enquiry and strengthened capital appreciation trajectories over the subsequent three to five years. For current and prospective residents of 745 Pasir Ris Street 71, this infrastructure upgrade represents a tangible improvement to transport flexibility and property fundamentals.
Unit Mix and Spatial Appeal
The development provides multi-bedroom configurations that cater to families seeking generous living space. Four-bedroom units are prominent within the available stock, offering approximately 1,367 square feet of floor area—a generous allocation that accommodates family activity zones, separate sleeping quarters, and entertaining spaces without the sensation of overcrowding. This spatial generosity distinguishes the development from newer, more compact offerings in other districts and appeals particularly to multigenerational households or families valuing personal workspace.
Two-bathroom provision in the four-bedroom units supports household convenience, particularly during peak morning and evening routines. The ratio of bathrooms to bedrooms reflects practical planning that recognises modern family requirements and reduces daily friction in shared housing situations.
Pricing and Buyer Accessibility
Available units within the development are priced from S$750,000, positioning the project within the accessible range for upgraders transitioning from smaller two or three-bedroom properties, as well as investors seeking cash-yielding rental assets in established residential locations. This pricing tier remains below the threshold triggering substantial mortgage servicing burden for qualified buyers earning typical upper-middle-class household incomes in Singapore. The entry-level pricing supports relatively straightforward financing and preserves financial headroom for other capital commitments or living expenses.
For investors, the pricing structure offers entry points that deliver reasonable rental yield potential without commanding the premium multiples associated with newer launch projects or waterfront-proximate locations. The maturity of the estate and immediacy of amenity access mean rental demand draws from practical tenant profiles—upgraders seeking temporary accommodation before purchase, expatriate families requiring furnished rentals, or professionals preferring fixed-term lease arrangements in established residential areas.
HDB Lease Tenure and Resale Fundamentals
As an HDB development, properties operate under Housing and Development Board regulations and lease structures. Understanding lease tenure and remaining lease duration forms a critical component of investment analysis, particularly for buyers intending medium to long-term hold periods. HDB properties operate under standardised 99-year leasehold frameworks from their initial grant date, and prospective buyers should verify the precise remaining lease duration before committing to purchase, as diminishing lease periods can influence financing terms, rental positioning, and ultimate resale value in later years.
HDB purchase regulations and eligibility criteria apply to all transactions, and buyers must satisfy citizenship, income, and co-ownership requirements stipulated by the Housing and Development Board. These regulatory frameworks ensure a degree of stability and standardisation across the HDB sector but also impose purchasing constraints compared to private condominium acquisitions.
Investment Considerations and Buyer Profiles
For first-time HDB buyers, 745 Pasir Ris Street 71 offers an entry point into property ownership with established estate amenities and imminent transport improvements. The spatial offerings support comfortable long-term owner-occupation without the sensation of outgrowing the property within five to seven years, a common pain point for buyers acquiring minimal first-time configurations.
Upgraders trading up from two-bedroom properties find genuine lifestyle benefit in the additional bedrooms and bathroom provision, enabling home offices, guest accommodation, or recreational spaces previously impossible in smaller units. The pricing remains within upgrader affordability bands without stretching household finances to unsustainable levels.
Property investors view the development as a stable income-generating asset within an established rental market. Pasir Ris maintains consistent tenant demand from expatriate families, young professionals, and temporary relocations, and the four-bedroom configurations command rental rates that deliver mid-single-digit gross yields relative to acquisition prices.
The Broader Pasir Ris Market Context
Pasir Ris ranks among Singapore's more established satellite towns, with three decades of organic development creating comprehensive community infrastructure. The planning area contains multiple MRT stations already operational—Pasir Ris Station and Punggol stations provide radial connectivity—and the impending Elias Station addition reinforces the district's transport backbone. This multi-station coverage reduces over-reliance on any single transit node and provides diversified commuting options.
The district continues gradual residential intensification, with new residential projects and estate renewal initiatives maintaining housing supply responsiveness. This measured development pace prevents the acute scarcity that can trigger speculative pricing frenzies, supporting more rational valuation mechanics aligned with underlying rental fundamentals and owner-occupancy demand.
745 Pasir Ris Street 71 sits within this maturing ecosystem as an established asset that has demonstrated resilience through multiple market cycles. The combination of intrinsic spatial appeal, location stability, upcoming transport enhancement, and accessible pricing positions the development as a credible consideration for multiple buyer cohorts across the residential spectrum.