While the opinion on affordability might differ across individuals, we can all agree that size always matters – the bigger the space, the better.
Especially for those who have a bigger family, not only is the number of rooms an important factor, but so are costs, amenities, and location.
However, the main issue is finding one that is within budget.
This week, we have shortlisted a few of the most affordable 5-room flats that are located in some of Singapore’s well-loved mature estates, with neighbourhoods including Bishan and Ang Mo Kio.
Missed last week? You can view the previous issue here.
You can also join our free weekly newsletter so you stay up to date on our latest curations weekly.
Now let’s get on with the list of curated units this week!

1306 Ang Mo Kio Avenue 1






$600,000
| Address: | 306 Ang Mo Kio Avenue 1 560306 |
|---|---|
| Tenure: | 99-year Leasehold |
| Size: | 1,324 sqft |
| $PSF: | $453.17 PSF |
| Developer: | HDB |
| TOP: | 1976 |
Why I like it
For those who are on a hunt for big units that have superb amenities in its vicinity, it might do you good to start your search from Ang Mo Kio. After all, it does have its fair share of great food outlets, schools and accessibility.
This particular unit is sized at 1,324 square feet and has 3 spacious bedrooms, 2 bathrooms and a huge living space.
What I like about it is that it has a squarish and efficient layout that makes furniture placements easy. Not only that, the living and dining areas are neatly segregated, and the dining space can be converted into an additional bedroom if so desired.
Furthermore, it is a door-to-door unit, which means that homeowners get to enjoy more privacy as there’s only one other neighbour opposite the unit.
The nearest MRT station is located about a 8-minute walk away at Ang Mo Kio MRT Station (North-South Line and Cross Island Line) which is also connected to Ang Mo Kio Hub. Alternatively, it’s a 7-minute walk to Teck Ghee MRT Station, though that is only ready in 2030.
However, residents need not walk all the way to the MRT for dining options. Teck Ghee Court Market is around a 5-minute walk away for affordable eats. Other amenities within walking distance includes Ang Mo Kio Secondary School and Bishan-Ang Mo Kio Park.
– Ryan

2229 Lorong 8 Toa Payoh





$620,000
| Address: | 229 Lorong 8 Toa Payoh 310229 |
|---|---|
| Tenure: | 99-year Leasehold |
| Size: | 1,258 sqft |
| $PSF: | $492.85 PSF |
| Developer: | HDB |
| TOP: | 1976 |
Why I like it
Another door-to-door option, this unit is located in Toa Payoh and is sized at 1,258 square feet. It has 3 bedrooms, 2 bathrooms and a huge living space.
For those who value good views, it has unblocked green views in the North-South facing direction. The fact that it has ample sunlight, located on a high floor and windy all year round is also a big plus point. Similar to the previous unit, there’s a clear distinction between the living and dining area – future owners can choose to convert the dining space into an additional bedroom if needed.
Under a 10-minutes walk are two markets and food centres – 22D Lorong 7 Toa Payoh and 210 Lorong 8 Toa Payoh for affordable eats and grocery shopping. Otherwise, there are several neighbourhood shops available just opposite the block.
The biggest draw to this unit is probably its accessibility to key schools. It is within 1km to the popular Pei Chun Public School and St Andrew’s Junior School, which makes it suitable for young families to raise their children.
– Druce

3141 Bishan Street 12




$688,000
| Address: | 141 Bishan Street 12 570141 |
|---|---|
| Tenure: | 99-year Leasehold |
| Size: | 1,313 sqft |
| $PSF: | $523.99 PSF |
| Developer: | HDB |
| TOP: | 1987 |
Why I like it
This unit located in Bishan is within walking distance to many key amenities and landmarks of the neighbourhood.
For one, it is a 13-minute walk to Bishan MRT (North-South Line and Circle Line) and Junction 8 for more dining and shopping options. Those who do not mind breaking out a sweat during your meal or grocery runs can head to the wet market and eateries that are located adjacent to the block. Finally, Pei Chun Public School is within a 1km walk away.
The unit itself is not shabby either. It is a 5i unit of 1,313 square feet and comes with a shelter (which is handy for storage) and its layout is reguarly sized to maximise space.
It offers 3 bedrooms, 1 study room, balcony and a humongous living room, which is a great layout for multi-gen living. On the matter of bathrooms, future homeowners have the option to create a jack-and-jill bathroom setting for convenience sake.
– Reuben

4437 Ang Mo Kio Avenue 10






$698,000
| Address: | 437 Ang Mo Kio Avenue 10 560437 |
|---|---|
| Tenure: | 99-year Leasehold |
| Size: | 1,292 sqft |
| $PSF: | $540.25 PSF |
| Developer: | HDB |
| TOP: | 1978 |
Why I like it
Featuring the second unit in Ang Mo Kio that we’ve picked out this week, this 1,292 square foot unit offers a very private setting as it’s a point-block and corner unit.
Not only that, it is located on a high floor, which means that residents would be able to enjoy unblocked views, more natural sunlight and ample ventilation.
With 3 sizeable bedrooms and 2 bathrooms, this unit is perfect for a growing family. What stood out to me was a cozy alcove situated between the master bedroom and common room, which has the potential to become a beautiful study space.
Location wise, it is about a 6-minute stroll away to Ang Mo Kio MRT Station (North-South Line) and Ang Mo Kio Hub. Alternate food options are also abundant in the area, with Cheng San Centre, Chong Boon Centre and Teck Ghee Court within its vicinity for more affordable grocery runs.
Nature lovers and pet lovers would also find the nearby Bishan-Ang Mo Kio Park a great addition to the neighbourhood.
While this could be a pro or a con depending on your situation, there are many schools located nearby, with Deyi Secondary School just a 2-minute walk away. Other schools nearby include Teck Ghee Primary, Anderson Secondary, Nanyang Polytechnic and Anderson Junior College.
– Stanley

5114 Depot Road






$700,000
| Address: | 114 Depot Road 100114 |
|---|---|
| Tenure: | 99-year Leasehold |
| Size: | 1,259 sqft |
| $PSF: | $556.00 PSF |
| Developer: | HDB |
| TOP: | 1976 |
Why I like it
Saving the most tastefully-designed unit of the week for the last, is a 1,259 square foot unit located along Depot Road. Since it has been recently renovated, the next homeowner can probably save up a fair bit on the reno costs.
This house features 3 spacious bedrooms, 2 bathrooms and an enlarged living room space. If you so desire, a fourth bedroom can be built at the flushed balcony space. I also appreciate that it is a point-block unit, which means more privacy. One thing that stands out the most to me is that the kitchen comes with a dedicated wash area, which is the perfect spot for doing laundry!
Amenities are decent within the neighbourhood. Depot Heights Shopping Centre (which has a FairPrice and food court for grocery and dining options) is a short 5-minute walk away. Alternatively, ABC Brickworks Food Centre and Alexandra Village Food Centre is located nearby.
– Sean
If you’d like to get in touch for a more in-depth consultation, you can do so here.
Read next from On The Market
On The Market We Found The Cheapest 3-Bedroom Condos in Bukit Timah Near Top Schools (From $1.63M)
On The Market We Found 5 Rare Jumbo HDB Flats You Can Still Buy In 2025 From $980K
On The Market We Found the Cheapest 3-Bedroom Condos in River Valley — Starting From $2.4 Million
On The Market We Found The Most Spacious HDB Executive Apartments You Can Still Buy From $680K
Latest Posts
New Launch Condo Analysis The Sen Pricing Review: How This $2,199 PSF Launch Compares to Nearby New and Resale Condos
Singapore Property News This 5-Room Bishan HDB Just Hit a Record $1.632M — Here’s What the Sellers Likely Made
Property Market Commentary Buying a New Launch Condo Has Changed in 2025 — Here Are the Key Details Most Buyers Overlook
Editor's Pick Which Condos Made the Most Money In Singapore Over the Past 10 Years? The Results May Surprise You
Pro Why This Iconic Hilltop Condo Near Three MRT Lines Is Underperforming
Editor's Pick These Singapore Condos Had Good Locations But Modest Gains — Here’s Why They Still Underperformed the Market
Editor's Pick I Toured One of Singapore’s Priciest Landed Enclaves, Where Recent Sales Have Crossed $20 Million
Singapore Property News Why More HDB Owners Are Suddenly Refinancing Again in 2025
Editor's Pick The Sen Condo Review: Great 2-Bedroom Layouts And Full Facilities Priced From $1.499m
Singapore Property News This 38-Year-Old Bishan HDB Maisonette Just Sold For $1.6M — Here’s Why Buyers Still Paid Up
Singapore Property News A 4-Room HDB In Bishan Just Sold For A Record $1.25M: Here’s How Much The Owners Could Have Made
Pro Freehold And Well-Located — Yet This City-Centre Condo Still Underperformed. Here’s Why
Property Market Commentary 50 New Launches With Remaining Units in 2025 (From $1,654 PSF)
Singapore Property News A Rare $350M Land Plot Big Enough for 60 Bungalows Just Hit the Market In Singapore
Editor's Pick Why Condos Bought 20 Years Ago Are Now Netting Up to $8.5 Million in Profit In Singapore