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Block 227 Bishan Street 23

4 Room · 5 Room · Built 1992 · 65 years remaining lease MOP Cleared
Latest Sale
$743,999
Mar 2026 · 4 ROOM · #01-03
Median $/sqm
$6,039
Based on 8 transactions
Total Transactions
8
Since Jan 2017
5-Year Trend
▲ +39.1%
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 3 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
Mar 2026 01 TO 03 4 ROOM 105 sqm $743,999 $7,086
Feb 2025 07 TO 09 4 ROOM 113 sqm $800,000 $7,080
Dec 2023 07 TO 09 4 ROOM 105 sqm $760,000 $7,238
Jan 2022 10 TO 12 4 ROOM 106 sqm $655,000 $6,179
Oct 2021 01 TO 03 4 ROOM 106 sqm $580,000 $5,472
Mar 2021 04 TO 06 4 ROOM 105 sqm $548,888 $5,228
Mar 2021 07 TO 09 4 ROOM 105 sqm $555,000 $5,286
Oct 2017 10 TO 12 5 ROOM 139 sqm $820,000 $5,899
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 227 Bishan Street 23

Block 227 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 flats, with resale prices ranging from $548,888 to $820,000 based on 8 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $743,999 in 2026-03. The current median price per square metre is $6,039. Over the past five years, resale prices at this block have increased by approximately 39.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8940, 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 227 Bishan Street 23 worth?

The most recent resale transaction at Block 227 Bishan Street 23 was $743,999 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $6,039, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 227 Bishan Street 23?

Block 227 Bishan Street 23 was built in 1992 and has approximately 65 years and 3 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 227 Bishan Street 23?

Block 227 Bishan Street 23 in Bishan contains 4 room, 5 room flats. Resale prices range from $548,888 to $820,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 227 Bishan Street 23 gone up or down?

Resale prices at Block 227 Bishan Street 23 have increased by approximately 39.1% over the past five years. The current median price is $699,500, with the most recent sale at $743,999 in 2026-03.

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