Block 138 Bishan Street 12

4 Room · 5 Room · Built 1987 · 61 years remaining lease MOP Cleared
Latest Sale
$810,000
Apr 2025 · 5 ROOM · #01-03
Median $/sqm
$5,714
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +33.2%
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 61 years remaining 99 years
61 years 4 months
Remaining lease
↓ 0.48%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.48%/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
Apr 2025 01 TO 03 5 ROOM 119 sqm $810,000 $6,807
Mar 2025 07 TO 09 4 ROOM 84 sqm $670,000 $7,976
Mar 2025 07 TO 09 5 ROOM 119 sqm $980,000 $8,235
Dec 2024 01 TO 03 4 ROOM 84 sqm $600,000 $7,143
Aug 2024 07 TO 09 5 ROOM 122 sqm $950,000 $7,787
Mar 2024 07 TO 09 4 ROOM 103 sqm $688,000 $6,680
May 2023 04 TO 06 4 ROOM 103 sqm $635,000 $6,165
Oct 2022 07 TO 09 5 ROOM 121 sqm $710,000 $5,868
Jun 2022 07 TO 09 5 ROOM 119 sqm $680,000 $5,714
Apr 2021 07 TO 09 4 ROOM 103 sqm $608,000 $5,903
Mar 2021 07 TO 09 4 ROOM 84 sqm $525,000 $6,250
Mar 2021 01 TO 03 5 ROOM 119 sqm $628,000 $5,277
Dec 2020 04 TO 06 4 ROOM 84 sqm $450,000 $5,357
Jun 2020 07 TO 09 4 ROOM 84 sqm $475,000 $5,655
Mar 2020 07 TO 09 4 ROOM 84 sqm $460,000 $5,476
Nov 2019 04 TO 06 5 ROOM 121 sqm $675,000 $5,579
Mar 2019 01 TO 03 4 ROOM 84 sqm $339,000 $4,036
Mar 2019 01 TO 03 5 ROOM 121 sqm $660,000 $5,455
Jan 2019 07 TO 09 5 ROOM 121 sqm $660,000 $5,455
Dec 2018 01 TO 03 4 ROOM 84 sqm $410,000 $4,881
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 138 Bishan Street 12

Block 138 at Bishan Street 12 is a residential HDB block in Bishan, Singapore, built in 1987 with approximately 61 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $339,000 to $980,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $810,000 in 2025-04. The current median price per square metre is $5,714. Over the past five years, resale prices at this block have increased by approximately 33.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8788, with an annual lease decay rate of approximately 0.48%. 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 138 Bishan Street 12 worth?

The most recent resale transaction at Block 138 Bishan Street 12 was $810,000 for a 5 room flat in 2025-04. The median price per square metre across all flat types is $5,714, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 138 Bishan Street 12?

Block 138 Bishan Street 12 was built in 1987 and has approximately 61 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 138 Bishan Street 12?

Block 138 Bishan Street 12 in Bishan contains 4 room, 5 room flats. Resale prices range from $339,000 to $980,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 138 Bishan Street 12 gone up or down?

Resale prices at Block 138 Bishan Street 12 have increased by approximately 33.2% over the past five years. The current median price is $628,000, with the most recent sale at $810,000 in 2025-04.

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