Block 224 Bishan Street 23

4 Room · 5 Room · Executive · Built 1992 · 65 years remaining lease MOP Cleared
Latest Sale
$925,000
Jan 2026 · 4 ROOM · #16-18
Median $/sqm
$6,485
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +36%
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 7 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
Jan 2026 16 TO 18 4 ROOM 102 sqm $925,000 $9,069
Oct 2025 10 TO 12 EXECUTIVE 141 sqm $1,388,000 $9,844
Mar 2025 07 TO 09 4 ROOM 102 sqm $855,000 $8,382
Jun 2024 16 TO 18 4 ROOM 102 sqm $780,000 $7,647
Jan 2024 22 TO 24 4 ROOM 102 sqm $818,000 $8,020
Aug 2023 13 TO 15 4 ROOM 102 sqm $725,000 $7,108
May 2022 19 TO 21 5 ROOM 136 sqm $988,888 $7,271
Dec 2021 16 TO 18 4 ROOM 102 sqm $680,000 $6,667
Jun 2020 19 TO 21 4 ROOM 102 sqm $638,000 $6,255
Jun 2019 07 TO 09 4 ROOM 102 sqm $595,000 $5,833
May 2019 04 TO 06 4 ROOM 102 sqm $570,000 $5,588
Mar 2019 25 TO 27 4 ROOM 102 sqm $638,000 $6,255
Feb 2019 22 TO 24 4 ROOM 102 sqm $643,000 $6,304
Jan 2019 16 TO 18 4 ROOM 102 sqm $630,000 $6,176
Jul 2018 16 TO 18 4 ROOM 102 sqm $618,000 $6,059
Jun 2018 04 TO 06 4 ROOM 102 sqm $595,000 $5,833
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 224 Bishan Street 23

Block 224 at Bishan Street 23 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, executive flats, with resale prices ranging from $570,000 to $1,388,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 16 TO 18 sold for $925,000 in 2026-01. The current median price per square metre is $6,485. Over the past five years, resale prices at this block have increased by approximately 36%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8952, 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 224 Bishan Street 23 worth?

The most recent resale transaction at Block 224 Bishan Street 23 was $925,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $6,485, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 224 Bishan Street 23?

Block 224 Bishan Street 23 was built in 1992 and has approximately 65 years and 7 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 224 Bishan Street 23?

Block 224 Bishan Street 23 in Bishan contains 4 room, 5 room, executive flats. Resale prices range from $570,000 to $1,388,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 224 Bishan Street 23 gone up or down?

Resale prices at Block 224 Bishan Street 23 have increased by approximately 36% over the past five years. The current median price is $661,500, with the most recent sale at $925,000 in 2026-01.

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