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Block 217 Bishan Street 23

4 Room · 5 Room · Built 1992 · 66 years remaining lease · Updated Sep 2024 MOP Cleared

Block 217 Bishan Street 23 has 12 recorded HDB resale transactions since 2017. Latest sale: $805,888 (Sep 2024, 4 room, floors 10–12). Median $6,349/sqm. Built 1992, 66 years lease remaining.

Latest Sale
$805,888
Sep 2024 · 4 ROOM · Floor 10-12
Median $/sqm
$6,349
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 50%
#114 / 228 Top 50%
Latest Sale ?
Top 63%
#144 / 228 Top 63%
Value ($/sqm) ?
Top 48%
#109 / 228 Top 48%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.39%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 66 years remaining 99 years
66 years 9 months
Remaining lease
↓ 0.39%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.39%/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
5-Room $4,000 typically $3,600–$4,200 4.8% 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 217 Bishan Street 23 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 2024 10 TO 12 4 ROOM 103 sqm $805,888 $7,824
Jul 2024 01 TO 03 4 ROOM 105 sqm $680,000 $6,476
Dec 2022 10 TO 12 5 ROOM 137 sqm $911,880 $6,656
Nov 2022 16 TO 18 4 ROOM 103 sqm $690,000 $6,699
Sep 2022 01 TO 03 4 ROOM 108 sqm $665,000 $6,157
Feb 2022 16 TO 18 5 ROOM 135 sqm $965,000 $7,148
Dec 2021 16 TO 18 5 ROOM 137 sqm $938,000 $6,847
Sep 2021 13 TO 15 4 ROOM 103 sqm $640,888 $6,222
Jul 2021 13 TO 15 4 ROOM 103 sqm $575,000 $5,583
May 2021 07 TO 09 4 ROOM 103 sqm $575,000 $5,583
May 2021 04 TO 06 4 ROOM 118 sqm $642,000 $5,441
Jun 2020 04 TO 06 4 ROOM 107 sqm $510,000 $4,766
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 217 Bishan Street 23

Block 217 Bishan Street 23 is an established HDB block in Bishan, built in 1992 with about 66 years remaining on its 99-year lease. Its $672,500 median tracks close to the Bishan town median. It has a relatively light resale record, with 12 transactions since 2017 across 4 room, 5 room flats priced from $510,000 to $965,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $805,888 in Sep 2024, and the median works out to $6,349/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8994, an annual lease decay of about 0.39%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 217 Bishan Street 23 worth?

The most recent resale transaction at Block 217 Bishan Street 23 was $805,888 for a 4 room flat in 2024-09. The median price per square metre across all flat types is $6,349, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 217 Bishan Street 23?

Block 217 Bishan Street 23 was built in 1992 and has approximately 66 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 0.39%, meaning the leasehold value decreases by approximately 0.39% per year at the current remaining lease.

What flat types are available at Block 217 Bishan Street 23?

Block 217 Bishan Street 23 in Bishan contains 4 room, 5 room flats. Resale prices range from $510,000 to $965,000 based on historical transaction records from data.gov.sg.

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