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Block 123 Bishan Street 12

4 Room · Built 1986 · 58 years remaining lease · Updated Jun 2026 MOP Cleared

Block 123 Bishan Street 12 has 23 recorded HDB resale transactions since 2017. Latest sale: $848,000 (Jun 2026, 4 room, floors 07–09). Median $6,250/sqm. Prices up 66.9% over the past five years. Built 1986, 58 years lease remaining.

How this block compares

  • 4 Room$818,000
    +3.5%vs town(+$28k)+29.8%vs national(+$188k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$848,000
Jun 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$6,250
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +66.9%
Median price change
Median Price ?
Top 71%
#163 / 228 Top 71%
Latest Sale ?
Top 52%
#118 / 228 Top 52%
Value ($/sqm) ?
Top 52%
#119 / 228 Top 52%
5-Year Growth ?
Top 1%
#2 / 158 Top 1%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
How we estimate this →
Future Value Projection
Market Appreciation
+10.8%/yr
vs
Lease Decay
−0.53%/yr
Growth assumption
Based on this block’s +66.9% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 58 years remaining 99 years
58 years 9 months
Remaining lease
↓ 0.53%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.53%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bishan average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,600 typically $3,400–$3,800 5.5% Bishan avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 123 Bishan Street 12 in Bishan, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bishan
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2026 07 TO 09 4 ROOM 105 sqm $848,000 $8,076
May 2026 01 TO 03 4 ROOM 104 sqm $788,000 $7,577
Jul 2025 04 TO 06 4 ROOM 84 sqm $728,000 $8,667
Jul 2025 10 TO 12 4 ROOM 104 sqm $855,000 $8,221
Dec 2024 10 TO 12 4 ROOM 84 sqm $734,800 $8,748
Apr 2023 04 TO 06 4 ROOM 105 sqm $760,000 $7,238
Jan 2023 01 TO 03 4 ROOM 105 sqm $685,000 $6,524
Nov 2022 10 TO 12 4 ROOM 90 sqm $635,000 $7,056
Sep 2022 01 TO 03 4 ROOM 84 sqm $525,000 $6,250
Nov 2021 07 TO 09 4 ROOM 104 sqm $650,000 $6,250
Feb 2021 01 TO 03 4 ROOM 84 sqm $430,000 $5,119
Feb 2021 07 TO 09 4 ROOM 84 sqm $490,000 $5,833
Nov 2020 04 TO 06 4 ROOM 84 sqm $458,000 $5,452
Nov 2020 07 TO 09 4 ROOM 105 sqm $525,000 $5,000
Sep 2020 07 TO 09 4 ROOM 84 sqm $499,000 $5,940
Feb 2019 13 TO 15 4 ROOM 105 sqm $598,888 $5,704
Nov 2018 10 TO 12 4 ROOM 84 sqm $448,000 $5,333
Jan 2018 10 TO 12 4 ROOM 84 sqm $540,000 $6,429
Dec 2017 07 TO 09 4 ROOM 105 sqm $620,000 $5,905
Nov 2017 07 TO 09 4 ROOM 84 sqm $540,000 $6,429
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123 Bishan Street 12

Block 123 Bishan Street 12 in Bishan dates to 1986 and now has roughly 58 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 11% below the Bishan median, cheaper than about 71% of the town's blocks. It has a regular flow of resale activity, with 23 transactions since 2017 across 4 room flats priced from $430,000 to $855,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $848,000 in Jun 2026, and the median works out to $6,250/sqm. Over five years, prices here are up about 66.9%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 123 Bishan Street 12 worth?

The most recent resale transaction at Block 123 Bishan Street 12 was $848,000 for a 4 room flat in 2026-06. The median price per square metre across all flat types is $6,250, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123 Bishan Street 12?

Block 123 Bishan Street 12 was built in 1986 and has approximately 58 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% per year at the current remaining lease.

What flat types are available at Block 123 Bishan Street 12?

Block 123 Bishan Street 12 in Bishan contains 4 room flats. Resale prices range from $430,000 to $855,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 123 Bishan Street 12 gone up or down?

Resale prices at Block 123 Bishan Street 12 have increased by approximately 66.9% over the past five years. The current median price is $598,888, with the most recent sale at $848,000 in 2026-06.

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