SELL & RENT HDBS IN BISHAN ESTATE
Bishan (碧山) is a vibrant and sought-after residential town in central Singapore, known for its excellent location, top-tier schools (such as Raffles Institution, Raffles Girls School, Catholic High School), and abundant amenities.
The town (part of Central Singapore CDC) is characterized by its unique architecture, featuring iconic HDB flats with distinctive pavilion-inspired roofs that pay homage to its historical roots.
Well-connected by the Bishan MRT interchange (North-South and Circle lines) and major roads, the estate offers convenience alongside recreational spots like Bishan-Ang Mo Kio Park and the nearby Junction 8 shopping mall.
Bishan East, Marymount & Upper Thomson are the main HDB subzones of Bishan.
Bishan is still a kampong – A community that enjoys getting together to play orcelebrate and where people are still happy to be able to help… The kampong spiritlives on in a modern town with first class facilities. Bishan has the best of bothworlds and that’s why we’re so proud to call it home.
Colin Cheong
Bishan Resident / Quoted in “Becoming Bishan”
QUICK LINKS
HDB BISHAN BRANCH OFFICE
7 INTERESTING FACTS ABOUT BISHAN HDB ESTATE
(a) The Name “Bishan”:
The name “Bishan” comes from the Mandarin term “Peck San” (碧山), which means “pavilions on the green.” This reflects the town’s blend of natural elements and modern living.
(b) Bishan’s Transformation:
Bishan’s journey from a former cemetery to a bustling residential estate began in the 1970s and 1980s. Despite initial concerns about living on a former burial ground, Bishan quickly became one of Singapore’s most popular and vibrant neighborhoods.
(c) HDB Design Innovation:
Bishan was the first town in Singapore to break away from the “brutalist” design of earlier public housing, opting instead for a more distinctive architectural style, including pavilion-inspired roofs that symbolize its name.
(d) San Teng MRT Station:
The Bishan MRT Station was originally named “San Teng,” after the cemetery that once occupied the area. It was later renamed Bishan MRT Station to better reflect the name of the developing housing estate.
(e) Naturalized River at Bishan-Ang Mo Kio Park:
Bishan-Ang Mo Kio Park features a naturalized river that was once a concrete canal. This successful “de-concretization” project transformed the canal into a beautiful meandering river that’s now home to wildlife and serves as a recreational spot.
(f) Bishan Sports Centre:
Bishan Sports Centre has hosted numerous international sporting events, including the Asian Youth Games, Youth Olympic Games, and the SEA Games, making it an important venue for sports in Singapore.
(g) Kong Meng San Phor Kark See Monastery:
Located within Bishan is the Kong Meng San Phor Kark See Monastery, one of the largest Buddhist temples in Singapore. Covering an area equivalent to 11 football fields, it’s a spiritual and architectural landmark.
Are you considering selling, buying or renting out your HDB flat in Bishan?
Or simply curious about the HDB housing scene in Bishan?
Check out the HDB median resale prices and rental analysis for Bishan below.
I will be updating these statistics every quarter.
HOW ARE HDB RESALE PRICES IN BISHAN?
Quarterly Bishan HDB Median Resale Prices up to Q3 2024
SALE ANALYSIS FOR BISHAN 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, Bishan’s resale market showed strong growth:
3-Room Flats:
- Starting median price (2020-Q1): No data
- Current median price (2024-Q3): $520,000
Key Observations:
- Very limited transaction data
- Significant jump from $367,000 (2020-Q4) to $520,000 (2024-Q3)
4-Room Flats:
- Starting median price (2020-Q1): $521,500
- Current median price (2024-Q3): $730,000
- Median price appreciation: 40% in ~4 years
Key Observations:
- Strong upward trajectory since 2021
- Crossed $700,000 mark in 2023-Q3
- Consistent quarter-on-quarter growth
5-Room Flats:
- Starting median price (2020-Q1): $694,000
- Current median price (2024-Q3): $989,900
- Median price appreciation: 42.6% in ~4 years
Key Observations:
- Recently crossed $900,000 mark
- Approaching $1 million mark
Executive Flats:
- Very limited data points
Key Observations:
- Crossed $1 million mark
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- Starting median price (2007-Q2): $205,000
- Current median price (2024-Q3): $520,000
- Total median price appreciation: 153.7%
4-Room Flats:
- Starting median price (2007-Q2): $311,500
- Current median price (2024-Q3): $730,000
- Total median price appreciation: 134.3%
5-Room Flats:
- Starting median price (2007-Q2): $400,000
- Current median price (2024-Q3): $989,900
- Total median price appreciation: 147.5%
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 3-room & executive HDB flats in Bishan are full of gaps. There were less than 20 transactions in those quarters.
HIGHEST RESALE PRICE
Highest resale price achieved for the Bishan different HDB flat types in 2024-Q3:
a) HDB 3-room flat: $552,000 @ 308 Shunfu Road
b) HDB 4-room flat: $940,000 @ 275A Bishan Street 24
c) HDB 5-room flat: $1,120,000 @ 213 Bishan Street 23
d) HDB executive flat: $1,339,000 @ 261 Bishan Street 22
Looking to sell your Bishan HDB flat or explore your upgrading options?
I’ve helped many sellers. I can help you, too.
HOW ARE HDB RENTAL PRICES IN BISHAN?
Quarterly Bishan HDB Median Rental Prices up to Q3 2024
RENTAL ANALYSIS FOR BISHAN HDB FLATS
(a) RECENT TREND ANALYSIS (2020-2024)
From 2020-Q1 to 2024-Q3, Bishan’s rental market showed strong growth:
3-Room Flats:
- 2020-Q1: $1,875 → 2024-Q3: $3,000
- Increase: +60%
4-Room Flats:
- 2020-Q1: $2,300 → 2024-Q3: $3,550
- Increase: +54.3%
5-Room Flats:
- 2020-Q1: $2,500 → 2024-Q3: $4,100
- Increase: +64%
Key Observations:
- Steepest rise began in 2022 due to post-pandemic demand
- 5-room flats saw highest percentage increase
- Current rental gap between flat types: $500-$550
(b) LONG TERM GROWTH (2007-2024)
Overall price changes from earliest data point to 2024-Q3:
3-Room Flats:
- 2008-Q1: $1,480 → 2024-Q3: $3,000
- Total Growth: +102.7%
4-Room Flats:
- 2007-Q2: $1,400 → 2024-Q3: $3,550
- Total Growth: +153.6%
5-Room Flats:
- 2007-Q2: $1,500 → 2024-Q3: $4,100
- Total Growth: +173.3%
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 flats in Bishan is almost non-existent. There were less than 20 transactions for most quarters.
HIGHEST RENT
Highest rent achieved for the different Bishan HDB flat types in 2024-Q3:
a) HDB 3-room flat: $3,500 @ 176 Bishan Street 13
b) HDB 4-room flat: $4,500 @ 448 Bright Hill Drive
c) HDB 5-room flat: $5,000 @ 117 Bishan Street 12
d) HDB executive flat: $5,000 @ multiple locations
Looking to rent out your Bishan 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?
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