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Block 232 Bishan Street 22

4 Room · Built 1992 · 65 years remaining lease · Updated Apr 2026 MOP Cleared

Block 232 Bishan Street 22 has 13 recorded HDB resale transactions since 2017. Latest sale: $808,000 (Apr 2026, 4 room, floors 04–06). Median $5,777/sqm. Prices up 45.6% over the past five years. Built 1992, 65 years lease remaining.

Latest Sale
$808,000
Apr 2026 · 4 ROOM · Floor 04-06
Median $/sqm
$5,777
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
▲ +45.6%
Median price change
Median Price ?
Top 70%
#159 / 228 Top 70%
Latest Sale ?
Top 61%
#138 / 228 Top 61%
Value ($/sqm) ?
Top 77%
#176 / 228 Top 77%
5-Year Growth ?
Top 20%
#32 / 157 Top 20%
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
--
Future Value Projection
Market Appreciation
+7.8%/yr
vs
Lease Decay
−0.42%/yr
Growth assumption
Based on this block’s +45.6% 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 1 months
Remaining lease
↓ 0.42%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 65 years remaining, decay is gradual (~0.42%/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
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 1 popular school. 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.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 04 TO 06 4 ROOM 105 sqm $808,000 $7,695
Aug 2024 01 TO 03 4 ROOM 105 sqm $710,000 $6,762
Jun 2024 07 TO 09 4 ROOM 103 sqm $790,000 $7,670
Sep 2022 04 TO 06 4 ROOM 105 sqm $668,000 $6,362
Jul 2022 04 TO 06 4 ROOM 105 sqm $615,000 $5,857
Nov 2021 01 TO 03 4 ROOM 105 sqm $535,000 $5,095
Jul 2021 04 TO 06 4 ROOM 107 sqm $555,000 $5,187
Jun 2021 10 TO 12 4 ROOM 103 sqm $595,000 $5,777
Dec 2019 01 TO 03 4 ROOM 107 sqm $503,000 $4,701
May 2019 04 TO 06 4 ROOM 105 sqm $500,000 $4,762
Jan 2019 04 TO 06 4 ROOM 103 sqm $550,000 $5,340
Oct 2017 07 TO 09 4 ROOM 103 sqm $602,000 $5,845
Aug 2017 04 TO 06 4 ROOM 116 sqm $650,000 $5,603
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 232 Bishan Street 22

Block 232 at Bishan Street 22 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 flats, with resale prices ranging from $500,000 to $808,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $808,000 in 2026-04. The current median price per square metre is $5,777. Over the past five years, resale prices at this block have increased by approximately 45.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8934, with an annual lease decay rate of approximately 0.42%. 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 232 Bishan Street 22 worth?

The most recent resale transaction at Block 232 Bishan Street 22 was $808,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $5,777, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 232 Bishan Street 22?

Block 232 Bishan Street 22 was built in 1992 and has approximately 65 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.42%, meaning the leasehold value decreases by approximately 0.42% per year at the current remaining lease.

What flat types are available at Block 232 Bishan Street 22?

Block 232 Bishan Street 22 in Bishan contains 4 room flats. Resale prices range from $500,000 to $808,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 232 Bishan Street 22 gone up or down?

Resale prices at Block 232 Bishan Street 22 have increased by approximately 45.6% over the past five years. The current median price is $602,000, with the most recent sale at $808,000 in 2026-04.

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