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Block 128 Bishan Street 12

5 Room · Executive · Built 1987 · 60 years remaining lease · Updated Sep 2025 MOP Cleared

Block 128 Bishan Street 12 has 20 recorded HDB resale transactions since 2017. Latest sale: $990,000 (Sep 2025, 5 room, floors 13–15). Median $6,500/sqm. Prices up 27.1% over the past five years. Built 1987, 60 years lease remaining.

Latest Sale
$990,000
Sep 2025 · 5 ROOM · Floor 13-15
Median $/sqm
$6,500
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +27.1%
Median price change
Median Price ?
Top 28%
#64 / 228 Top 28%
Latest Sale ?
Top 25%
#56 / 228 Top 25%
Value ($/sqm) ?
Top 37%
#85 / 228 Top 37%
5-Year Growth ?
Top 70%
#111 / 158 Top 70%
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
+4.9%/yr
vs
Lease Decay
−0.50%/yr
Growth assumption
Based on this block’s +27.1% 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 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.
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
5-Room $4,000 typically $3,600–$4,200 4.8% Bishan avg · block too thin
Executive $4,500 typically $4,200–$4,900 4.3% 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 128 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
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

A flat at Block 128 Bishan Street 12 in Bishan has reached $1,290,000 (Jan 2024), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 17% above the Bishan median, ahead of around 72% of the town's blocks. It has a regular flow of resale activity, with 20 transactions since 2017 across 5 room, executive flats priced from $680,888 to $1,290,000. The most recent transaction was a 5 room flat on storeys 13 TO 15 at $990,000 in Sep 2025, and the median works out to $6,500/sqm. Over five years, prices here are up about 27.1%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8749, equivalent to roughly 0.50% of lease-value decay a year. All transaction data is sourced from data.gov.sg and 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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