Google
Condo

Lilydale — From S$1.1M

550 Yishun Ave 6

2 for sale
12 people are looking at this property right now
Condo

Lilydale — From S$1.1M

Lilydale
2 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 2 1195 sqft S$1.1M
Map
360° Street View
Building & Area Photos
Loading photos…
Nearby Amenities & Schools

Within roughly a 1 km radius, pulled live from Google Maps.

Loading nearby places…
Commute Times

Estimated travel time from this property.

Loading commute estimates…
Check the commute from your own location
Property Highlights
  • Condo development with 2 units currently available.
  • Prices currently start from S$1.1M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$214K on this acquisition.
Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

By submitting, you agree that Singapore Property may contact you about this and similar properties.

Lilydale: Modern Living in Yishun's Established Residential Precinct

Lilydale stands as a contemporary residential development positioned along Yishun Avenue 6, a location characterised by mature neighbourhood infrastructure and convenient access to everyday amenities. The development capitalises on Yishun's reputation as a well-established residential district with a balanced mix of family-oriented facilities, retail options, and educational institutions. Properties within this project are priced from S$1.07 million, positioning them within reach of diverse buyer profiles ranging from first-time homeowners to seasoned property investors seeking exposure to this popular northern corridor.

Unit Design Philosophy and Spatial Planning

Each residence within Lilydale has been conceived with practical family living in mind, incorporating thoughtful spatial arrangements that maximise both functionality and visual appeal. The development's unit mix includes configurations with three bedrooms and three bathrooms spread across approximately 1,195 square feet, a floor area that balances openness with efficient use of space. Attention has been given to auxiliary features such as dedicated storerooms, dedicated utility areas featuring washroom facilities, and kitchens dimensioned to accommodate substantial appliances without compromising workflow. Multiple bedroom orientations capture premium vistas encompassing clear sky, verdant landscape, and views of the communal pool area, creating a sense of connection to shared recreational facilities whilst maintaining privacy within the home.

Visual Amenity and View Orientation

A defining characteristic of Lilydale's design strategy is the deliberate positioning of windows and living spaces to capture unobstructed sightlines toward the development's outdoor environment. The living areas benefit from uninterrupted visual access to sky and greenery, creating a sense of spatial depth that enhances perceived square footage and mental well-being. Pool-facing orientations are particularly prized, as residents enjoy constant visual connection to the recreational core without requiring transit through shared corridors. This approach to view design carries practical implications for long-term occupancy satisfaction and, by extension, resale appeal in a competitive market where visual amenity increasingly influences purchase decisions among upgraders and expatriate cohorts.

Location Context and Neighbourhood Character

Yishun Avenue 6 situates Lilydale within one of Singapore's more mature and densely populated residential zones, characterised by established HDB towns, private residential clusters, and robust commercial strips. The location has evolved significantly over the past two decades, attracting quality retail, educational facilities, and healthcare services that reinforce its appeal to families and long-term residents. The surrounding precinct benefits from good road connectivity to the expressway network, enabling efficient commutes to business districts and other key destinations across the island. Local amenities including supermarkets, dining establishments, and recreational facilities are within walking distance or a short drive, reducing the transactional burden of daily living and supporting strong rental appeal for investors.

Investment Perspective and Rental Dynamics

Properties at Lilydale appeal to investors seeking exposure to a mature, well-serviced neighbourhood with established rental demand from families and young professionals. The development's positioning in a family-oriented precinct, coupled with practical unit layouts, aligns well with tenant preferences for comfortable accommodation with adequate storage and recreational facilities. Rental yields in comparable Yishun precincts have historically tracked in the three to four percent range, reflecting steady tenant demand and stable occupancy patterns. Properties marketed as furnished or semi-furnished typically command rental premiums, and the development's emphasis on visual amenity and shared facilities supports positioning at the higher end of local market rates.

Financial Structuring for Owner-Occupiers

Prospective owner-occupiers should factor the development's pricing trajectory into their financial planning, recognising that entry-level units begin around S$1.07 million and scale upward based on floor level, facing, and specific unit configuration. Most financial institutions will extend mortgages of up to 80% of the purchase price for owner-occupied residential property, with a small proportion of lenders offering up to 90% in competitive scenarios. This implies minimum cash outlay of 20% to 10% respectively, plus stamp duties and ancillary costs, requiring disciplined pre-purchase financial assessment to ensure sufficient liquidity for completion and post-settlement comfort. Buyers should engage with their bank early in the process to clarify maximum available lending, lock in indicative rates, and understand the timeline for mortgage approval, as delayed disbursements can create settlement complications or forfeit lock-in rates.

Additional Buyer's Stamp Duty Considerations

Singapore residents acquiring a second residential property face Additional Buyer's Stamp Duty (ABSD) at a rate of 20% on top of standard stamp duty, substantially elevating the true cost of acquisition for investors and upgraders who already own residential property. This means a S$1.07 million purchase would incur approximately S$214,000 in ABSD alone, alongside standard stamp duties ranging from S$10,000 to S$38,500 depending on the exact purchase price. Properties held for investment purposes may benefit from revised tax treatment if circumstances change, but this should not be assumed and requires personalised tax advice. Buyers in this position should deliberately structure their purchase timeline and unit selection to ensure the ABSD investment generates adequate returns through rental income or capital appreciation over a medium-term horizon.

Yishun's Connectivity and Transportation Landscape

Whilst Yishun Avenue 6 does not sit immediately adjacent to an MRT station, the neighbourhood maintains good bus connectivity through multiple service routes linking key destinations including Yishun MRT interchange, Northpoint Shopping Centre, and secondary clusters across the North. The relative distance from an MRT terminal is offset by mature bus infrastructure serving the precinct, making the location accessible for commuters without personal vehicles, though travel times to central business districts will naturally extend compared to MRT-proximate addresses. Future transport infrastructure planning may enhance connectivity, though prudent buyers should assess their personal commuting patterns and transport preferences before committing to a purchase at this location. The mature neighbourhood character and established amenities compensate somewhat for transit distance, and many family-oriented purchasers prioritise proximity to schools and shopping over rail proximity.

Comparative Positioning Within Yishun's Residential Market

Lilydale occupies a competitive space within Yishun's residential options, positioned as a contemporary private development in a precinct dominated by HDB estates and older private properties. Recent sales data across comparable Yishun private developments suggest price per square foot ranging from approximately S$850 to S$1,050 depending on unit finish quality, recency of construction, and exact amenity provision. Lilydale's pricing aligns conservatively within this spectrum, suggesting competitive positioning rather than premium positioning, which may appeal to value-conscious buyers upgrading from HDB or seeking investment exposure without stretched valuations. This positioning strategy potentially supports stronger rental appeal and steadier capital appreciation compared to overly-ambitious pricing, though buyer perception of value depends heavily on personal inspection and comparative analysis of competing options.

Unit Stack Hierarchy and Floor-Level Value Dynamics

Within Lilydale's vertical arrangement, mid-to-upper floor levels typically command premium pricing and superior view quality, as these stacks capture more extensive sky vistas and pool views whilst remaining insulated from ground-level noise and street activity. Lower floors, conversely, offer more affordable entry points and may appeal to elderly purchasers, disabled residents, or those prioritising accessibility over visual amenity. The development's emphasis on pool-facing orientation suggests that units with direct sightlines to the aquatic facility command higher valuations than inward-facing orientations, justifying the premium pricing visible between unit types at equivalent floor levels. Astute investors may identify value opportunities in lower floors facing quieter aspects or less premium orientations, though long-term rental and resale appeal will necessarily reflect this positioning through moderately lower returns relative to premium-stack counterparts.

District Planning and Long-Term Supply Dynamics

Yishun has entered a phase of gradual density intensification, with ongoing HDB rejuvenation programmes, selective private residential launches, and commercial mixed-use developments reshaping the precinct's long-term character. Government land sales and developer strategies suggest measured supply growth rather than aggressive new launches, supporting a backdrop of stable rather than explosive capital appreciation. The demographic profile of existing Yishun residents—established families, empty nesters, and young professionals—creates consistent demand for well-positioned properties, though oversupply in any particular bedroom category could compress margins. Prospective Lilydale buyers should monitor district planning announcements and neighbouring development pipelines to ensure their unit selection and investment thesis remain resilient to incremental supply increases or demographic shifts over their intended holding period.

Frequently Asked Questions

What rental yield should I expect if I purchase a unit at Lilydale as an investment?

Comparable properties across Yishun's private residential precincts typically achieve gross rental yields between 3% and 4% annually, depending on unit specification, finish quality, and tenant positioning. A S$1.07 million entry-level unit would therefore generate approximately S$32,100 to S$42,800 in gross annual rental revenue, though net yields decline once property tax, maintenance fees, and vacancy allowances are deducted. Lilydale's emphasis on practical family-oriented layouts and unobstructed views supports above-average rental appeal within the Yishun rental market, particularly for furnished or semi-furnished positioning targeting expatriate and young professional tenants. Investors should conduct ground-level surveys of comparable asking rents before committing, and build conservative assumptions around occupancy rates and tenant retention to stress-test their investment thesis.

How does Lilydale's price per square foot compare to recent transactions in the Yishun area?

Recent comparable sales across Yishun's private residential market have transacted at price per square foot ranging from approximately S$850 to S$1,050, depending on construction recency, unit configuration, and amenity quality. Lilydale's S$1.07 million entry-level pricing across approximately 1,195 square feet translates to roughly S$895 per square foot, positioning the development conservatively within the local market spectrum and suggesting competitive rather than premium valuation. This pricing trajectory aligns with expectation that newly launched or recently completed developments in this district command modest premiums relative to older stock, though Lilydale's positioning avoids the stretched valuations visible in occasional trophy properties. Prospective buyers should cross-reference these per-square-foot figures against specific comparable transactions on similar floor levels and facing orientations to validate whether individual unit asking prices represent fair value relative to recent market activity.

What is the Additional Buyer's Stamp Duty impact if I already own residential property?

Singapore residents who already own at least one residential property and purchase a second property incur Additional Buyer's Stamp Duty at 20% of the purchase price, on top of standard stamp duty obligations. For a S$1.07 million Lilydale purchase, this equates to approximately S$214,000 in ABSD liability, representing a substantial uplift in acquisition costs that must be factored into investment return calculations and budget planning. Standard stamp duty on the same transaction would range from approximately S$10,000 to S$38,500 depending on the exact purchase price tier, meaning total stamp duty costs could exceed S$250,000 when combined with ABSD. Investors should build this into their per-unit acquisition cost and ensure their investment thesis—whether based on rental income, capital appreciation, or portfolio diversification—justifies the elevated cost of entry relative to alternative investment vehicles or staying leveraged against existing property.

Does Lilydale's leasehold tenure affect long-term resale value and appreciation potential?

Lilydale units are marketed with leasehold tenure, though the specific lease duration should be verified against individual unit documentation, as this materially affects long-term value trajectory. Most new private residential launches in Singapore carry either 99-year or 999-year leases; properties with 99-year leases will eventually face lease decay as they approach expiry, with resale values declining materially in the final 20-30 years of the lease term. Conversely, 999-year leases provide effective freehold-equivalent treatment for practical purposes, supporting stronger long-term capital preservation and lending accessibility. Prospective buyers should clarify the exact lease duration for their intended unit before commit, and factor lease decay assumptions into any investment holding period exceeding 40 years, though most investors expect to divest before lease expiry renders the asset immobile.

How does distance from the nearest MRT station affect property demand and capital appreciation at Lilydale?

Lilydale does not sit immediately adjacent to an MRT station, a characteristic that typically suppresses capital appreciation premiums relative to MRT-proximate properties and may reduce investor interest among commuter-focused buyers. However, the development benefits from mature bus connectivity servicing Yishun Avenue and adjacent precincts, linking key destinations including Yishun MRT interchange, mitigating the transport accessibility concern for most resident profiles. Properties without direct MRT access typically trade at 8-15% discounts relative to comparable MRT-adjacent equivalents in the same district, an important consideration if capital appreciation is a core investment objective. Owner-occupiers prioritising school proximity, retirement flexibility, or family-oriented living may view the trade-off favourably, whilst investors targeting expatriate or young professional tenants should ensure their rental positioning explicitly acknowledges the bus-dependent commute and price accordingly.

Is Lilydale suitable for first-time property buyers, upgraders, and investors equally?

Lilydale appeals strongly to first-time buyers seeking entry into private property ownership at competitive Yishun-area pricing, particularly those prioritising family-oriented layouts, recreational amenities, and mature neighbourhood character over high-density urban convenience. Upgraders moving from HDB to private property will appreciate the practical unit design, dedicated storage, and garden-facing orientations that improve upon typical HDB spatial configurations, though the transit accessibility trade-off may concern those relocating for work-related commutes. Investors find the development attractive for steady rental demand within the family-tenant demographic and mid-range pricing that supports positive leverage (rental yield exceeding mortgage costs), though the 20% ABSD burden materially reduces net return on capital relative to owner-occupier purchases. Each buyer profile should weight the location, pricing, and amenity mix against their specific holding period and return expectations before committing.

What TDSR and financing headroom should I expect at Lilydale's typical price points?

A S$1.07 million Lilydale purchase at 80% LTV (S$856,000 mortgage) at typical prevailing rates of 3.5% translates to approximately S$4,050 monthly mortgage outlay, which sits comfortably within TDSR thresholds for household income exceeding S$12,000 monthly (assuming no other outstanding debts). Most financial institutions extend Total Debt Servicing Ratio headroom of up to 60% of gross household income, meaning the S$1.07 million entry-level entry point remains accessible to dual-income middle-class households and seasoned investors with established income profiles. Buyers should obtain a detailed pre-qualification from their banking partner before proceeding, as TDSR eligibility depends on complete debt inventory, employment stability documentation, and non-interest-bearing income components that vary case-by-case. Higher-priced unit configurations within Lilydale may challenge TDSR compliance for single-income households or those carrying existing personal or vehicle loan obligations, necessitating either larger down-payments or strategic unit selection within the development's price spectrum.

How does Lilydale compare to nearby competing developments in terms of pricing and positioning?

Yishun's competitive landscape includes a mix of older private condominiums (typically S$750-950 psf), established HDB precincts, and selective new or recently completed launches at price points broadly comparable to Lilydale's S$895 psf positioning. Competing developments in the immediate vicinity generally target similar family-oriented buyer demographics, with unit configurations ranging from 2-bedroom efficiency units to larger 4-bedroom family homes, creating a graduated pricing spectrum across the precinct. Lilydale's specific differentiation lies in its emphasis on unobstructed views, practical storeroom provision, and recreational amenity quality rather than premium finishes or uber-luxury amenity packages, appealing to value-conscious buyers rather than trophy-seeking HNW purchasers. Prudent buyers should conduct detailed comparisons across 3-5 competing options within 1-2km radius, examining unit layout, finish quality, management reputation, and maintenance cost trajectories before selecting between options, as meaningful savings or value capture often emerges from careful comparative analysis rather than impulse decision-making.

Which floor levels or unit stacks offer the best long-term value at Lilydale?

Mid-to-upper floor levels (typically 12th-24th floors) command premium pricing and superior view quality at Lilydale, capturing extensive sky vistas and pool-facing orientations that support strong rental appeal and occupancy stability. Lower floors (1st-6th) offer meaningful cost savings—typically 10-15% discounts relative to premium stacks—whilst sacrificing visual amenity and creating potential noise sensitivity from street activity, a trade-off that appeals primarily to accessibility-prioritising or budget-conscious buyers. Unit stacks with east or north-facing orientations towards the pool and gardens typically outperform inward-facing or west-facing alternatives that capture afternoon heat load and less desirable sightlines, an asymmetry that justified careful floor-plan analysis during unit selection. Prudent investors may identify value opportunities in lower-floor inward-facing configurations, capturing 15-20% pricing discounts relative to premium stacks whilst accepting slightly extended rental absorption timelines and marginally lower monthly rental rates, a positioning that can still generate acceptable yields for patient long-term investors.

What does the future supply pipeline mean for Lilydale's long-term capital appreciation in Yishun?

Yishun has entered a phase of measured density intensification through HDB rejuvenation programmes, selective private residential launches, and mixed-use commercial projects, though Government land sales strategy suggests incremental rather than aggressive new supply growth. Recent years have witnessed controlled private residential launches rather than flooding of the precinct with competing inventory, supporting a backdrop of stable capital appreciation rather than explosive growth or conversely stagnation from oversupply. The demographic profile of existing Yishun residents—established families, empty nesters, and young professionals—creates consistent demand for appropriately configured properties, though targeted supply growth in specific bedroom categories (e.g. 3-bedroom family units) could compress margins within those segments. Lilydale buyers should monitor URA land sales announcements, developer project pipelines, and Government announcements regarding transport or commercial development to ensure their unit selection and investment thesis remain resilient to foreseeable supply increases or neighbourhood character evolution over their intended holding period of 7-10 years or beyond.