SELL & RENT HDBS IN YISHUN ESTATE
Yishun (义顺), formerly known as Nee Soon, is a vibrant town in the northern region of Singapore. Part of the North West CDC, it is well-connected by Yishun and Khatib MRT stations on the North-South Line and major expressways like the SLE and CTE.
Yishun offers residents a self-sufficient lifestyle with modern conveniences. Its continuous development and upgrading initiatives have transformed it from a rural settlement into a modern township while maintaining its charm.
These are some of the HDB subzones in the Yishun estate:
- Khatib
- Yishun Central
- Yishun East
- Yishun West
With parks and reservoirs all around, you’ll never be left without something to do over the weekend.
And honestly, with the number of affordable food places around, you could have varied family outings that last three whole years even if you tried a new store every day.
Yishun resident
QUICK LINKS
HDB YISHUN BRANCH OFFICE
7 INTERESTING FACTS ABOUT YISHUN HDB ESTATE
(a) Historical Origins:
Named after Lim Nee Soon (林義順), a prominent businessman known as the “Pineapple King” who owned extensive rubber and pineapple plantations in the area during the early 1900s.
The name was changed from “Nee Soon” to “Yishun” during the 1980s as part of the government’s nationwide campaign to standardize Chinese place names using Mandarin pronunciations.
The area was historically significant for its plantations and farming communities before urban development.
(b) Pioneer in Suburban Development:
- Made history with Northpoint Shopping Centre (1992), Singapore’s first major suburban mall.
- The mall has since evolved into an integrated development combining retail with the Yishun Integrated Transport Hub.
- Set a precedent for future suburban town centers across Singapore.
(c) Community Heart: Chong Pang City:
Chong Pang City serves as Yishun’s first and most prominent neighbourhood centre. It represents the successful integration of traditional and modern retail concepts.
Chong Pang City features a vibrant mix of facilities:
- Traditional wet market
- Food centre
- Commercial shops
- Commuity spaces & pedestrian malls
(d) Healthcare Innovation:
Yishun is home to two major healthcare facilities:
- Khoo Teck Puat Hospital (KTPH): Renowned for its environmentally sustainable design.
- Yishun Community Hospital: Complements KTPH with step-down care.
Khoo Teck Puat Hospital’s architecture has won multiple awards for incorporating healing gardens and natural ventilation.
Both hospitals form part of the “health district” concept in Singapore’s north.
(e) Dementia-Friendly Pioneer:
Yishun is Singapore’s first dementia-friendly town. Innovative features include:
- Colour-coded blocks in Nee Soon South & Chong Pang
- Wayfinding systems specially designed for elderly residents
- Training for local businesses to better serve dementia patients
- Community support networks & programs
(f) Environmental Innovation:
Yishun Pond Park showcases cutting-edge eco-design:
- Three-tier wetland system for natural water filtration
- Educational boards about biodiversity
- Integration of blue-green infrastructure
These developments demonstrate Singapore’s commitment to sustainable urban development.
(g) Recreation & Nature Spaces:
Diverse leisure options:
- Lower Seletar Reservoir Park: Water sports, fishing spots, and scenic waterfront paths
- ORTO: Singapore’s first 24-hour leisure park featuring,
- Prawning facilities
- Fish spa
- F&B outlets
- Connected green corridors linking various parks & nature spaces
- Integration of recreational facilities with natural environments
Are you considering selling, buying or renting out your HDB flat in Yishun?
Or simply curious about the HDB housing scene in Yishun?
Check out the HDB median resale prices and rental statistics for Yishun below.
I will be updating these statistics every quarter.
HOW ARE HDB RESALE PRICES IN YISHUN?
Quarterly Yishun HDB Median Resale Prices up to Q3 2024
SALE ANALYSIS FOR YISHUN HDB RESALE FLATS
Note: All prices shown are median resale prices. The median price represents the middle value when all transactions in a quarter are arranged from lowest to highest, providing a better representation of the typical price than an average would.
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Yishun’s resale market showed strong growth:
3-Room Flats:
- Starting median price (2020-Q1): $270,000
- Current median price (2024-Q3): $420,000
- Median price appreciation: 55.6% in ~4 years
Key Observations:
- Steady upward trend since 2020
- Crossed $400,000 mark in 2023-Q4
- Consistent growth with minimal price dips
- Recent quarters show continued momentum
4-Room Flats:
- Starting median price (2020-Q1): $360,000
- Current median price (2024-Q3): $530,000
- Median price appreciation: 49.4% in ~4 years
Key Observations:
- Strong growth trajectory
- Crossed $500,000 mark in 2023-Q3
- Relatively stable price increases
- Recent quarters showing sustained growth
5-Room Flats:
- Starting median price (2020-Q1): $482,500
- Current median price (2024-Q3): $678,000
- Median price appreciation: 40.5% in ~4 years
Key Observations:
- Consistent upward trend
- Crossed $600,000 mark in 2022-Q2
- Recent acceleration in price growth
- Reached new highs in 2024-Q3
Executive Flats:
- Starting median price (2020-Q1): $584,000
- Current median price (2024-Q3): $859,400
- Median price appreciation: 47.2% in ~4 years
Key Observations:
- Some quarters with insufficient data
- Crossed $800,000 mark in 2022-Q1
- Strong recent performance
- Highest prices among all flat types
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- Starting median price (2007-Q2): $159,000
- Current median price (2024-Q3): $420,000
- Total median price appreciation: 164.2%
4-Room Flats:
- Starting median price (2007-Q2): $200,000
- Current median price (2024-Q3): $538,000
- Total median price appreciation: 169%
5-Room Flats:
- Starting median price (2007-Q2): $273,800
- Current median price (2024-Q3): $678,000
- Total median price appreciation: 147.6%
Executive Flats:
- Starting median price (2007-Q2): $331,500
- Current median price (2024-Q3): $859,400
- Total median price appreciation: 159.2%
P.S. HDB provides the median resale price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graphs for the 2-room & executive HDB flats in Yishun have gaps. There were less than 20 transactions in those quarters.
HIGHEST RESALE PRICE
Highest resale price achieved for the different Yishun HDB flat types in 2024-Q3:
a) HDB 2-room flat: $370,000 @ multiple locations
b) HDB 3-room flat: $578,000 @ 813B Yishun Ring Road
c) HDB 4-room flat: $950,000 @ 604 Yishun Street 61
d) HDB 5-room flat: $929,880 @ 348D Yishun Avenue 11
e) HDB executive flat: $1,068,000 @ 641 Yishun Street 61
Looking to sell your Yishun HDB flat or explore your upgrading options?
I’ve helped many sellers. I can help you, too.
HOW ARE HDB RENTAL PRICES IN YISHUN?
Quarterly Yishun HDB Median Rental Prices up to Q3 2024
RENTAL ANALYSIS FOR YISHUN HDB FLATS
Note: All prices shown are median rental prices. The median rental price represents the middle value when all transactions in a quarter are arranged from lowest to highest, providing a better representation of the typical rental price than an average would.
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Yishun’s rental market showed strong growth:
3-Room Flats:
- 2020-Q1: $1,600 → 2024-Q3: $2,650
- Increase: +65.6%
4-Room Flats:
- 2020-Q1: $1,825 → 2024-Q3: $3,000
- Increase: +64.4%
5-Room Flats:
- 2020-Q1: $2,015 → 2024-Q3: $3,300
- Increase: +63.8%
Executive Flats:
- 2020-Q1: $2,100 → Limited recent data
- Last recorded in 2024-Q2: $3,500
Key Observations:
- Steepest rise began in 2022 due to post-pandemic demand
- 3-room flats saw highest percentage increase
- Rental gaps range from $300 to $350 between flat types
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- 2007-Q2: $1,000 → 2024-Q3: $2,650
- Total Growth: +165%
4-Room Flats:
- 2007-Q2: $1,100 → 2024-Q3: $3,000
- Total Growth: +172.7%
5-Room Flats:
- 2007-Q2: $1,350 → 2024-Q3: $3,300
- Total Growth: +144.4%
P.S. HDB provides the median rental price for a flat type only if the estate has at least 20 transactions for that quarter. This explains why the line graph for executive HDB flats in Yishun has many gaps. There were less than 20 transactions in those quarters.
HIGHEST RENT
Highest rent achieved for the different HDB flat types in Yishun based on non-public transaction data in 2024-Q3:
a) HDB 2-room flat: $2,830 @ 872 Yishun Street 81
b) HDB 3-room flat: $3,100 @ multiple locations
c) HDB 4-room flat: $4,000 @ 876 Yishun Street 81
d) HDB 5-room flat: $4,000 @ multiple locations
e) HDB executive flat: $4,200 @ multiple locations
Looking to rent out your Yishun HDB flat or explore your options?
I’ve helped many landlords. I can help you, too.
Check out the sales & rental trends in other HDB towns in Singapore.
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WHAT BRINGS YOU HERE TODAY?
Are you wondering what to do in today’s market?
Perhaps you already have a clear mind of what you want to do?
In my blog, I often share stories of the challenges, triumphs, and lessons learned in my work as a real estate agent in Singapore.
Regardless of your situation, you can use me as a sounding board. I’ll provide perspective and clarity from my experience.
