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Bishan HDB Price Trends

Bishan is a well-known planning area and residential town located in the central part of Singapore. It is a highly sought-after residential area due to its excellent housing options and world-class amenities. In this article, we will focus on the housing and amenities in Bishan.

Housing in Bishan is diverse, with various options available to suit different preferences and budgets. The town has a mix of public and private housing estates, including Housing and Development Board (HDB) flats, condominiums, landed properties, and executive condominiums.

The majority of Bishan's population resides in HDB flats, which offer affordable and comfortable living. The HDB flats are located in several estates such as Bishan North, Bishan East, and Bishan West. These estates are well-designed and equipped with modern amenities, such as parks, community clubs, and sports facilities.

For those who prefer a more luxurious lifestyle, Bishan also has an abundance of private condominiums and landed properties. These properties are equipped with top-notch amenities, such as swimming pools, gyms, and clubhouses, making them ideal for those who value comfort and convenience.

Apart from housing, Bishan is also renowned for its amenities. The town has a wide range of facilities, including shopping malls, hawker centres, parks, and recreational facilities. One of the most notable amenities in Bishan is Junction 8 Shopping Centre, which is located at the heart of the town. The mall offers a vast range of shopping and dining options, including fashion boutiques, supermarkets, restaurants, and cafes. It also houses a cinema and a library, providing a one-stop destination for shopping, dining, and entertainment.

Another notable amenity in Bishan is the Bishan-Ang Mo Kio Park. The park is a popular spot for outdoor activities such as jogging, cycling, and picnicking. It has a 3-kilometer jogging track, a water playground, and a nature trail. The park is an excellent spot for relaxation, and it provides a refreshing getaway from the hustle and bustle of city life.

Bishan is also known for its hawker centres, which are popular among locals and tourists alike. Bishan 628 Market and Food Centre is a popular hawker centre in Bishan, known for its delicious local delicacies such as roasted meat, fish soup, and laksa. Other popular hawker centres in Bishan include Bishan Street 24 Block 279 Hawker Centre and Bishan Street 13 Block 510 Market and Food Centre.

To recap, Bishan is a highly sought-after residential destination, thanks to its excellent housing options and world-class amenities. The town offers a wide range of housing options, including public and private estates, to suit different preferences and budgets. Its amenities, including shopping malls, parks, and hawker centres, provide convenience and a high-quality lifestyle for its residents. Bishan is undoubtedly an ideal place to call home in Singapore.

Bishan comprises 3 room, 4 room, 5 room, executive and multi-generation HDB units. Shown below are the transactions volume trend summary and graph, broken down by month.

Bishan resale transactions trend

Resale volume summary

Type Trend
3 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
4 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
5 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Executive < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Multi-generation

In the last 3 years, the average monthly transacted resale price trend for 3 room, 4 room, 5 room, executive and multi-generation units in Bishan has been summarised as shown below.

Average resale price trend for Bishan

Resale price summary

Type Trend
3 Room
4 Room
5 Room
Executive
Multi-generation

Displayed in the figure below are the low-high transacted price ranges for each of the flat types in Bishan. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average price is calculated based on all the transaction records collated for each flat type for Bishan, for the selected period (last 3 years).

High / low / average resale price range for Bishan
High / low / average price summary
Type Max $ Avg $ Min $
3 room $560,000 $438,780 $258,000
4 room $1,090,000 $688,717 $350,000
5 room $1,568,000 $917,438 $635,000
Executive $1,500,000 $1,111,520 $820,000
Multi-generation $980,000 $980,000 $980,000

Here, we broke down the transacted prices (low, average and high) and the units sold over the last 3 years, and grouped by flat type and age of the properties for a comparison.

3 room
Avg $ Min $ Max $ Units sold Age
$478,980 $403,888 $560,000 97 36 to 40
$472,239 $370,000 $560,000 20 41 to 45
$324,564 $258,000 $378,888 40 51 to 55
4 room
Avg $ Min $ Max $ Units sold Age
$1,000,478 $888,000 $1,088,000 23 11 to 15
$781,776 $605,000 $1,090,000 31 26 to 30
$714,885 $510,000 $910,000 252 31 to 35
$637,528 $415,000 $980,000 255 36 to 40
$655,500 $630,000 $680,000 6 41 to 45
$427,406 $350,000 $490,000 13 51 to 55
5 room
Avg $ Min $ Max $ Units sold Age
$1,307,363 $999,000 $1,568,000 30 11 to 15
$943,182 $805,000 $1,100,000 31 26 to 30
$928,895 $800,000 $1,138,000 62 31 to 35
$858,096 $635,000 $1,086,000 217 36 to 40
$835,250 $710,000 $943,000 4 41 to 45
Executive
Avg $ Min $ Max $ Units sold Age
$1,108,531 $820,000 $1,500,000 88 31 to 35
$1,116,887 $920,000 $1,410,000 49 36 to 40
Multi-generation
Avg $ Min $ Max $ Units sold Age
$980,000 $980,000 $980,000 1 36 to 40

Here's a view of the transactional data collated. For Bishan, there were a total of 1219 HDB resale transactions in the last 3 years, with the latest one recorded in Nov 2024.

1411219
Date Resale PSM Type Location Floor Fl. Area Model Built
Nov 2024 $1,040,000 $8,455 5 Room Blk 288 Bishan Street 24 5 Room / 123 sqm 10 to 12 123 sqm Premium Apartment 1998
Nov 2024 $1,138,000 $9,405 5 Room Blk 223 Bishan Street 23 5 Room / 121 sqm 07 to 09 121 sqm Improved 1992
Nov 2024 $1,110,000 $8,162 5 Room Blk 242 Bishan Street 22 5 Room / 136 sqm 07 to 09 136 sqm Model A 1992
Nov 2024 $1,018,000 $8,413 5 Room Blk 190 Bishan Street 13 5 Room / 121 sqm 07 to 09 121 sqm Improved 1987
Nov 2024 $970,888 $8,024 5 Room Blk 173 Bishan Street 13 5 Room / 121 sqm 10 to 12 121 sqm Improved 1987
Nov 2024 $870,000 $7,131 5 Room Blk 146 Bishan Street 11 5 Room / 122 sqm 07 to 09 122 sqm Improved 1987
Nov 2024 $715,000 $7,772 4 Room Blk 307 Shunfu Road 4 Room / 92 sqm 04 to 06 92 sqm New Generation 1985
Nov 2024 $858,000 $7,872 4 Room Blk 448 Bright Hill Drive 4 Room / 109 sqm 04 to 06 109 sqm Model A 1990
Nov 2024 $830,000 $7,685 4 Room Blk 268 Bishan Street 24 4 Room / 108 sqm 07 to 09 108 sqm Model A 1992
Nov 2024 $780,000 $7,573 4 Room Blk 249 Bishan Street 22 4 Room / 103 sqm 10 to 12 103 sqm Model A 1992
Nov 2024 $649,999 $7,831 4 Room Blk 177 Bishan Street 13 4 Room / 83 sqm 10 to 12 83 sqm Simplified 1987
Nov 2024 $638,000 $7,595 4 Room Blk 131 Bishan Street 12 4 Room / 84 sqm 13 to 15 84 sqm Simplified 1986
Nov 2024 $828,000 $7,962 4 Room Blk 501 Bishan Street 11 4 Room / 104 sqm 04 to 06 104 sqm Model A 1989
Oct 2024 $1,080,000 $7,248 Executive Blk 404 Sin Ming Avenue Executive / 149 sqm 01 to 03 149 sqm Maisonette 1986
Oct 2024 $1,260,000 $8,456 Executive Blk 201 Bishan Street 23 Executive / 149 sqm 04 to 06 149 sqm Maisonette 1992
Oct 2024 $1,238,000 $8,422 Executive Blk 245 Bishan Street 22 Executive / 147 sqm 10 to 12 147 sqm Maisonette 1992
Oct 2024 $1,339,000 $8,987 Executive Blk 261 Bishan Street 22 Executive / 149 sqm 10 to 12 149 sqm Maisonette 1992
Oct 2024 $1,270,000 $8,881 Executive Blk 238 Bishan Street 22 Executive / 143 sqm 07 to 09 143 sqm Apartment 1992
Oct 2024 $1,410,000 $8,650 Executive Blk 103 Bishan Street 12 Executive / 163 sqm 22 to 24 163 sqm Maisonette 1986
Oct 2024 $943,000 $7,793 5 Room Blk 310 Shunfu Road 5 Room / 121 sqm 10 to 12 121 sqm Improved 1984
Oct 2024 $1,043,000 $7,613 5 Room Blk 216 Bishan Street 23 5 Room / 137 sqm 10 to 12 137 sqm Model A 1992
Oct 2024 $940,000 $7,769 5 Room Blk 164 Bishan Street 13 5 Room / 121 sqm 04 to 06 121 sqm Improved 1988
Oct 2024 $840,888 $6,949 5 Room Blk 157 Bishan Street 13 5 Room / 121 sqm 01 to 03 121 sqm Improved 1988
Oct 2024 $808,000 $7,695 4 Room Blk 454 Sin Ming Avenue 4 Room / 105 sqm 01 to 03 105 sqm Model A 1989
Oct 2024 $940,000 $9,895 4 Room Blk 275A Bishan Street 24 4 Room / 95 sqm 01 to 03 95 sqm DBSS 2011
Oct 2024 $875,000 $8,255 4 Room Blk 268 Bishan Street 24 4 Room / 106 sqm 13 to 15 106 sqm Model A 1992
Oct 2024 $800,000 $7,843 4 Room Blk 289 Bishan Street 24 4 Room / 102 sqm 04 to 06 102 sqm Premium Apartment 1998
Oct 2024 $780,000 $7,573 4 Room Blk 220 Bishan Street 23 4 Room / 103 sqm 10 to 12 103 sqm Model A 1992
Oct 2024 $830,000 $7,830 4 Room Blk 215 Bishan Street 23 4 Room / 106 sqm 13 to 15 106 sqm Model A 1992
Oct 2024 $750,000 $7,282 4 Room Blk 204 Bishan Street 23 4 Room / 103 sqm 04 to 06 103 sqm Model A 1992

The chart for the rental transactions trend is shown below, with the overall trend summarised.

Rental transactions trend for Bishan

Rental volume summary

Type Trend
3 room
4 room
5 room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Executive < path stroke="none" d="M0 0h24v24H0z" fill="none"/>

We show in this graph the average monthly rental price trend for each of the 3 room, 4 room, 5 room, executive and multi-generation units in Bishan, for the last 3 years.

Average rental price trend for Bishan

Rental price summary

Type Trend
3 room
4 room
5 room
Executive

Displayed below are the low-high rental price ranges for each of the flat types in Bishan. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average rental price is calculated based on all the rental transaction records collated for each flat type for the selected period (last 3 years).

High / low / average rental price range for Bishan
High / low / average rental summary
Type Max $ Avg $ Min $
3 room $3,800 $2,620 $900
4 room $5,000 $3,156 $600
5 room $5,500 $3,462 $600
Executive $5,800 $3,801 $1,400

Below are the transactional data collated for Bishan. There were a total of 1219 HDB rental transactions in the last 3 years and the latest one recorded was recorded in Oct 2024.

1772295
Date Rental Flat Type Location Town
Oct 2024 $2,700 3 Room Blk 148 Bishan Street 11 3 Room Bishan
Oct 2024 $3,500 5 Room Blk 135 Bishan Street 12 5 Room Bishan
Oct 2024 $3,900 4 Room Blk 203 Bishan Street 23 4 Room Bishan
Oct 2024 $3,600 4 Room Blk 175 Bishan Street 13 4 Room Bishan
Oct 2024 $3,500 4 Room Blk 253 Bishan Street 22 4 Room Bishan
Oct 2024 $3,500 4 Room Blk 148 Bishan Street 11 4 Room Bishan
Oct 2024 $3,000 5 Room Blk 179 Bishan Street 13 5 Room Bishan
Oct 2024 $3,600 4 Room Blk 171 Bishan Street 13 4 Room Bishan
Oct 2024 $3,500 5 Room Blk 408 Sin Ming Avenue 5 Room Bishan
Oct 2024 $3,500 4 Room Blk 178 Bishan Street 13 4 Room Bishan
Oct 2024 $4,000 5 Room Blk 310 Shunfu Road 5 Room Bishan
Oct 2024 $4,000 5 Room Blk 453 Sin Ming Avenue 5 Room Bishan
Oct 2024 $3,500 4 Room Blk 313 Shunfu Road 4 Room Bishan
Oct 2024 $3,900 4 Room Blk 206 Bishan Street 23 4 Room Bishan
Oct 2024 $2,900 3 Room Blk 23 Sin Ming Road 3 Room Bishan
Oct 2024 $3,600 4 Room Blk 122 Bishan Street 12 4 Room Bishan
Oct 2024 $3,700 4 Room Blk 114 Bishan Street 12 4 Room Bishan
Oct 2024 $3,400 4 Room Blk 107 Bishan Street 12 4 Room Bishan
Oct 2024 $2,850 3 Room Blk 309 Shunfu Road 3 Room Bishan
Oct 2024 $3,800 4 Room Blk 145 Bishan Street 11 4 Room Bishan
Oct 2024 $3,900 4 Room Blk 306 Shunfu Road 4 Room Bishan
Oct 2024 $3,000 3 Room Blk 115 Bishan Street 12 3 Room Bishan
Oct 2024 $3,390 4 Room Blk 250 Bishan Street 22 4 Room Bishan
Oct 2024 $3,600 3 Room Blk 407 Sin Ming Avenue 3 Room Bishan
Oct 2024 $2,100 3 Room Blk 309 Shunfu Road 3 Room Bishan
Oct 2024 $2,550 3 Room Blk 23 Sin Ming Road 3 Room Bishan
Oct 2024 $3,500 4 Room Blk 147 Bishan Street 11 4 Room Bishan
Oct 2024 $4,050 4 Room Blk 114 Bishan Street 12 4 Room Bishan
Oct 2024 $2,300 3 Room Blk 307 Shunfu Road 3 Room Bishan
Oct 2024 $3,600 4 Room Blk 121 Bishan Street 12 4 Room Bishan
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