Block 278 Bishan Street 24

4 Room · Executive · Built 1992 · 67 years remaining lease MOP Cleared
Latest Sale
$910,000
Apr 2024 · 4 ROOM · #10-12
Median $/sqm
$6,370
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
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Insufficient data
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 67 years remaining 99 years
67 years 5 months
Remaining lease
↓ 0.38%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 67 years remaining, decay is gradual (~0.38%/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
Apr 2024 10 TO 12 4 ROOM 108 sqm $910,000 $8,426
Dec 2023 07 TO 09 4 ROOM 108 sqm $870,000 $8,056
Oct 2023 10 TO 12 4 ROOM 108 sqm $838,000 $7,759
Sep 2023 19 TO 21 EXECUTIVE 172 sqm $1,450,000 $8,430
Jun 2023 04 TO 06 4 ROOM 108 sqm $710,000 $6,574
Feb 2023 04 TO 06 4 ROOM 108 sqm $688,000 $6,370
Apr 2021 16 TO 18 4 ROOM 108 sqm $680,000 $6,296
Feb 2021 16 TO 18 4 ROOM 108 sqm $668,000 $6,185
Oct 2020 01 TO 03 4 ROOM 108 sqm $495,000 $4,583
Jun 2020 19 TO 21 EXECUTIVE 149 sqm $880,000 $5,906
Apr 2019 13 TO 15 4 ROOM 108 sqm $660,000 $6,111
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 278 Bishan Street 24

Block 278 at Bishan Street 24 is a residential HDB block in Bishan, Singapore, built in 1992 with approximately 67 years remaining on its 99-year lease. The block contains 4 room, executive flats, with resale prices ranging from $495,000 to $1,450,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $910,000 in 2024-04. The current median price per square metre is $6,370. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9017, with an annual lease decay rate of approximately 0.38%. 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 278 Bishan Street 24 worth?

The most recent resale transaction at Block 278 Bishan Street 24 was $910,000 for a 4 room flat in 2024-04. The median price per square metre across all flat types is $6,370, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 278 Bishan Street 24?

Block 278 Bishan Street 24 was built in 1992 and has approximately 67 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.38%, meaning the leasehold value decreases by approximately 0.38% per year at the current remaining lease.

What flat types are available at Block 278 Bishan Street 24?

Block 278 Bishan Street 24 in Bishan contains 4 room, executive flats. Resale prices range from $495,000 to $1,450,000 based on historical transaction records from data.gov.sg.

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