- HDB development with 1 unit currently available.
- Prices currently start from S$750K.
- For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$150K on this acquisition.
- Located 15 min (1.29 km) 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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758 Pasir Ris Street 71: Established HDB Living in Pasir Ris
758 Pasir Ris Street 71 represents a well-situated HDB development in the mature residential precinct of Pasir Ris, one of Singapore's established new towns. The project comprises multi-room units designed to accommodate family households seeking spacious, practical living arrangements without the premium pricing of private residential alternatives. Units at this address are primarily configured as three-bedroom flats with two bathrooms, offering approximately 1,356 square feet of internal living space—sufficient for families requiring separate sleeping quarters, a dedicated dining area, and flexible common spaces.
The development benefits from its location within Pasir Ris, a district that has matured considerably over the past two decades. The wider estate provides a comprehensive range of neighbourhood amenities, including shopping centres, hawker complexes, and community facilities within walking distance. The immediate vicinity is characterised by a mix of residential blocks, green spaces, and local services that support everyday living for occupants of all age groups.
Transport Connectivity and Future MRT Access
A defining feature of 758 Pasir Ris Street 71 is its proximity to Elias MRT Station, which is currently under construction and expected to enhance transport options significantly upon completion. At approximately 1.3 kilometres from the development, this station will provide direct access to the Circle Line, connecting residents to the wider island transport network and commercial hubs including the Marina Bay and Changi Airport corridors. This infrastructure development is likely to increase the appeal of the Pasir Ris estate to commuters and investors, as the journey times to central business districts will improve materially once the station opens.
The strategic positioning near upcoming MRT infrastructure has historically supported capital appreciation and rental demand in HDB estates. Early adopters purchasing at 758 Pasir Ris Street 71 stand to benefit from the convenience uplift that new transport nodes bring to residential neighbourhoods. The accessibility improvement will particularly appeal to working professionals and families with school-age children, as commute times to employment centres and educational institutions across Singapore will become significantly shorter.
Pricing and Market Position
Units at this development are available from S$750,000, positioning them within the mid-range of the HDB resale market for three-bedroom flats in the Pasir Ris area. This pricing reflects the established nature of the estate, the configuration of the units, and the anticipated benefit of the incoming MRT station. Comparable HDB three-bedroom flats in Pasir Ris and nearby mature towns typically trade within a similar price band when accounting for proximity to transport nodes, flat condition, and floor level. Prospective buyers should note that the per-square-foot valuation places these units competitively within the broader Pasir Ris and Sengkang market segments.
The HDB resale market remains a cornerstone of Singapore's residential property sector, offering liquidity, lower entry costs than private housing, and strong owner-occupancy rates that stabilise neighbourhoods. Properties at 758 Pasir Ris Street 71 inherit these market characteristics whilst benefiting from the upcoming transport improvement.
Lease Tenure and Long-Term Value
As HDB flats, units at 758 Pasir Ris Street 71 carry a 99-year lease tenure commencing from their initial year of completion. The implications of lease decay on resale value have been an evolving consideration in the HDB market. However, flats with remaining leases above 80 years typically retain strong marketability and financing accessibility, as most financial institutions and buyer pools remain active in this lease band. The HDB also periodically reviews leasehold schemes and lease extension policies, which may influence long-term value trajectories for mature estates.
Buyers should factor lease decay into their investment horizon, particularly if they are planning a 15-to-20-year holding period. Flats purchased today at 758 Pasir Ris Street 71 will retain their lease terms and should remain financeable and saleable throughout a typical owner-occupancy cycle, though prospective downgraders and investors should be cognisant of lease length in their exit planning.
Suitability for Different Buyer Profiles
First-time buyers seeking to enter the property market will find 758 Pasir Ris Street 71 an accessible entry point, as HDB flats offer lower entry prices and established financing frameworks with financial institutions. Government subsidies and grant schemes (such as the Additional Housing Grant and Proximity Housing Grant, where applicable) may reduce the effective acquisition cost for eligible first-timers, making homeownership achievable earlier in the savings cycle.
Upgraders moving from smaller or older HDB units will appreciate the three-bedroom layout, modern building age, and additional bathroom—features that support multi-generational living or provide home office space. The mature estate also offers familiar infrastructure and community networks that upgraders often seek when relocating within the HDB sector.
For investors, the combination of competitive pricing, proximity to upcoming MRT infrastructure, and the stability of the HDB resale market presents a structured investment thesis. Rental yields on HDB three-bedroom flats in maturing estates typically range from 3% to 4.5% gross, depending on lease tenure, floor level, and unit-specific features. The influx of commuters accessing the new Elias MRT Station is likely to sustain rental demand from both families and young professionals throughout the medium term.
Financial Considerations for Purchasers
Buyers purchasing 758 Pasir Ris Street 71 as a second residential property will incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% of the purchase price, in addition to standard Buyer's Stamp Duty. This significantly elevates the total acquisition cost and should be factored into affordability assessments and investment yield calculations. For example, a property purchased at S$750,000 would attract ABSD of S$150,000, bringing the total stamp duty and related acquisition costs to approximately S$185,000–S$195,000 depending on legal and conveyancing fees.
Total Debt Service Ratio (TDSR) considerations are also relevant for buyers financing via mortgage. Most HDB purchasers will be eligible for Housing Development Board (HDB) financing or mortgages from retail banks. At current interest rate benchmarks (typically 2.5% to 3.5% for HDB loans), a S$750,000 property financed over 25 years would generate monthly repayments of approximately S$3,250–S$3,500 (principal and interest), excluding property taxes and maintenance charges. Buyers should ensure their household income comfortably supports these repayments within TDSR thresholds (typically capped at 60% for HDB loans), leaving headroom for other debt obligations.
Competitive Landscape and Nearby Alternatives
The Pasir Ris estate features multiple HDB blocks spanning different construction periods and configurations. Three-bedroom flats in more recently built or renovated blocks may command price premiums, whilst older units in the same configuration may offer marginal discounts. Nearby new towns including Sengkang and Punggol also feature HDB resale opportunities, with some newer projects (such as Build-To-Order flats in Punggol) offering further flexibility. Buyers should compare 758 Pasir Ris Street 71 against competing three-bedroom HDB units within a 500-metre radius and similar configurations in adjacent towns to calibrate value and ensure optimal pricing entry.
Amenities and Estate Infrastructure
The Pasir Ris estate benefits from comprehensive neighbourhood amenities, including the Pasir Ris Town Centre (shopping and dining), multiple primary and secondary schools, polyclinics, and community centres. Parks and recreational spaces such as Pasir Ris Park provide green space and leisure facilities for residents of all ages. These established amenities support lifestyle quality and long-term neighbourhoods stability, which underpins property value retention.
758 Pasir Ris Street 71 offers a balanced proposition for owner-occupiers and investors alike—established residential credentials, upcoming transport infrastructure, competitive pricing, and practical unit configurations that serve diverse household needs. The HDB market remains a foundational pillar of Singapore's residential landscape, and this development exemplifies the mature, well-serviced neighbourhoods that characterise established new towns.