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Block 224 Bishan Street 23

4 Room · 5 Room · Executive · Built 1992 · 65 years remaining lease · Updated May 2026 MOP Cleared

Block 224 Bishan Street 23 has 17 recorded HDB resale transactions since 2017. Latest sale: $808,000 (May 2026, 4 room, floors 01–03). Median $6,667/sqm. Prices up 25.7% over the past five years. Built 1992, 65 years lease remaining.

How this block compares

  • 4 Room$866,500
    +9.7%vs town(+$77k)+37.5%vs national(+$237k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$808,000
May 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$6,667
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +25.7%
Median price change
Median Price ?
Top 47%
#108 / 228 Top 47%
Latest Sale ?
Top 63%
#143 / 228 Top 63%
Value ($/sqm) ?
Top 29%
#66 / 228 Top 29%
5-Year Growth ?
Top 77%
#121 / 158 Top 77%
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
+4.7%/yr
vs
Lease Decay
−0.41%/yr
Growth assumption
Based on this block’s +25.7% 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 65 years remaining 99 years
65 years 4 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.
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
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 3 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
3 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 224 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
May 2026 01 TO 03 4 ROOM 113 sqm $808,000 $7,150
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 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 224 Bishan Street 23

Block 224 Bishan Street 23 is a million-dollar HDB block: a flat here has sold for as much as $1,388,000 (Oct 2025), among the rare blocks in Bishan to cross that mark. Its $680,000 median tracks close to the Bishan town median. It has a relatively light resale record, with 17 transactions since 2017 across 4 room, 5 room, executive flats priced from $570,000 to $1,388,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $808,000 in May 2026, and the median works out to $6,667/sqm. Over five years, prices here are up about 25.7%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8943, an annual lease decay of about 0.41%. All transaction data is sourced from data.gov.sg and 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 $808,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $6,667, based on 17 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 4 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 25.7% over the past five years. The current median price is $680,000, with the most recent sale at $808,000 in 2026-05.

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