Block 128 Bishan Street 12

5 Room · Executive · Built 1987 · 60 years remaining lease MOP Cleared
Latest Sale
$990,000
Sep 2025 · 5 ROOM · #13-15
Median $/sqm
$6,500
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +27.1%
Median price change
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
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 60 years remaining 99 years
60 years 5 months
Remaining lease
↓ 0.50%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.50%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Sep 2025 13 TO 15 5 ROOM 121 sqm $990,000 $8,182
Jul 2025 04 TO 06 5 ROOM 121 sqm $940,000 $7,769
Jul 2025 13 TO 15 5 ROOM 121 sqm $1,050,000 $8,678
Jan 2024 22 TO 24 EXECUTIVE 150 sqm $1,290,000 $8,600
Jul 2022 19 TO 21 5 ROOM 121 sqm $870,000 $7,190
Mar 2022 07 TO 09 5 ROOM 121 sqm $720,000 $5,950
Jul 2021 19 TO 21 5 ROOM 121 sqm $750,000 $6,198
Jun 2021 16 TO 18 5 ROOM 121 sqm $840,000 $6,942
May 2021 13 TO 15 5 ROOM 121 sqm $808,000 $6,678
Apr 2021 04 TO 06 5 ROOM 121 sqm $680,888 $5,627
Nov 2020 07 TO 09 5 ROOM 121 sqm $735,000 $6,074
Oct 2020 13 TO 15 5 ROOM 121 sqm $760,000 $6,281
Jul 2020 22 TO 24 EXECUTIVE 150 sqm $1,080,000 $7,200
Dec 2019 19 TO 21 5 ROOM 121 sqm $765,000 $6,322
Oct 2019 19 TO 21 5 ROOM 121 sqm $765,000 $6,322
Jul 2019 16 TO 18 5 ROOM 121 sqm $750,000 $6,198
Apr 2018 19 TO 21 5 ROOM 121 sqm $868,000 $7,174
Oct 2017 13 TO 15 5 ROOM 121 sqm $740,000 $6,116
Jun 2017 10 TO 12 5 ROOM 121 sqm $810,000 $6,694
Jan 2017 07 TO 09 5 ROOM 121 sqm $730,000 $6,033
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 128 Bishan Street 12

Block 128 at Bishan Street 12 is a residential HDB block in Bishan, Singapore, built in 1987 with approximately 60 years remaining on its 99-year lease. The block contains 5 room, executive flats, with resale prices ranging from $680,888 to $1,290,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 13 TO 15 sold for $990,000 in 2025-09. The current median price per square metre is $6,500. Over the past five years, resale prices at this block have increased by approximately 27.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8749, with an annual lease decay rate of approximately 0.50%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 128 Bishan Street 12 worth?

The most recent resale transaction at Block 128 Bishan Street 12 was $990,000 for a 5 room flat in 2025-09. The median price per square metre across all flat types is $6,500, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 128 Bishan Street 12?

Block 128 Bishan Street 12 was built in 1987 and has approximately 60 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.50%, meaning the leasehold value decreases by approximately 0.50% per year at the current remaining lease.

What flat types are available at Block 128 Bishan Street 12?

Block 128 Bishan Street 12 in Bishan contains 5 room, executive flats. Resale prices range from $680,888 to $1,290,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 128 Bishan Street 12 gone up or down?

Resale prices at Block 128 Bishan Street 12 have increased by approximately 27.1% over the past five years. The current median price is $786,500, with the most recent sale at $990,000 in 2025-09.

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