Block 242 Bishan Street 22

4 Room · 5 Room · Built 1992 · 65 years remaining lease MOP Cleared
Latest Sale
$1,050,000
Dec 2025 · 5 ROOM · #01-03
Median $/sqm
$6,477
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +30%
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 65 years remaining 99 years
65 years 9 months
Remaining lease
↓ 0.41%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.41%/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
Dec 2025 01 TO 03 5 ROOM 121 sqm $1,050,000 $8,678
Nov 2024 07 TO 09 5 ROOM 136 sqm $1,110,000 $8,162
Feb 2022 07 TO 09 4 ROOM 116 sqm $755,000 $6,509
Mar 2021 04 TO 06 5 ROOM 132 sqm $808,000 $6,121
Dec 2020 07 TO 09 5 ROOM 121 sqm $880,800 $7,279
Nov 2020 01 TO 03 5 ROOM 121 sqm $733,888 $6,065
Aug 2020 01 TO 03 5 ROOM 132 sqm $750,000 $5,682
Jul 2020 01 TO 03 5 ROOM 132 sqm $875,000 $6,629
Oct 2019 04 TO 06 5 ROOM 136 sqm $865,000 $6,360
Jul 2019 10 TO 12 5 ROOM 132 sqm $850,000 $6,439
Jul 2018 04 TO 06 5 ROOM 121 sqm $835,000 $6,901
Jun 2018 07 TO 09 5 ROOM 132 sqm $845,000 $6,402
Jun 2018 07 TO 09 5 ROOM 132 sqm $855,000 $6,477
Dec 2017 07 TO 09 5 ROOM 136 sqm $900,000 $6,618
Jun 2017 01 TO 03 5 ROOM 121 sqm $710,000 $5,868
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 242 Bishan Street 22

Block 242 at Bishan Street 22 is a residential HDB block in Bishan, Singapore, built in 1992 with approximately 65 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $710,000 to $1,110,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $1,050,000 in 2025-12. The current median price per square metre is $6,477. Over the past five years, resale prices at this block have increased by approximately 30%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8958, with an annual lease decay rate of approximately 0.41%. 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 242 Bishan Street 22 worth?

The most recent resale transaction at Block 242 Bishan Street 22 was $1,050,000 for a 5 room flat in 2025-12. The median price per square metre across all flat types is $6,477, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 242 Bishan Street 22?

Block 242 Bishan Street 22 was built in 1992 and has approximately 65 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 0.41%, meaning the leasehold value decreases by approximately 0.41% per year at the current remaining lease.

What flat types are available at Block 242 Bishan Street 22?

Block 242 Bishan Street 22 in Bishan contains 4 room, 5 room flats. Resale prices range from $710,000 to $1,110,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 242 Bishan Street 22 gone up or down?

Resale prices at Block 242 Bishan Street 22 have increased by approximately 30% over the past five years. The current median price is $850,000, with the most recent sale at $1,050,000 in 2025-12.

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