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Block 255 Bishan Street 22

4 Room · 5 Room · Built 1992 · 67 years remaining lease · Updated Apr 2024 MOP Cleared

Block 255 Bishan Street 22 has 16 recorded HDB resale transactions since 2017. Latest sale: $960,000 (Apr 2024, 5 room, floors 10–12). Median $5,902/sqm. Built 1992, 67 years lease remaining.

Latest Sale
$960,000
Apr 2024 · 5 ROOM · Floor 10-12
Median $/sqm
$5,902
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 34%
#78 / 228 Top 34%
Latest Sale ?
Top 30%
#68 / 228 Top 30%
Value ($/sqm) ?
Top 70%
#159 / 228 Top 70%
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
+3%/yr
vs
Lease Decay
−0.38%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 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.
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
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 2024 10 TO 12 5 ROOM 133 sqm $960,000 $7,218
Sep 2022 07 TO 09 4 ROOM 112 sqm $760,000 $6,786
Sep 2022 10 TO 12 5 ROOM 133 sqm $860,888 $6,473
Aug 2021 01 TO 03 4 ROOM 115 sqm $710,000 $6,174
Aug 2021 04 TO 06 5 ROOM 133 sqm $790,000 $5,940
Jan 2021 13 TO 15 5 ROOM 133 sqm $800,000 $6,015
Mar 2020 10 TO 12 4 ROOM 103 sqm $518,000 $5,029
Feb 2020 04 TO 06 4 ROOM 112 sqm $590,000 $5,268
Dec 2019 13 TO 15 4 ROOM 103 sqm $588,000 $5,709
Oct 2019 16 TO 18 4 ROOM 103 sqm $602,000 $5,845
Oct 2019 10 TO 12 5 ROOM 133 sqm $750,000 $5,639
Aug 2019 10 TO 12 5 ROOM 133 sqm $818,000 $6,150
Jan 2019 01 TO 03 4 ROOM 105 sqm $568,000 $5,410
Oct 2018 10 TO 12 5 ROOM 133 sqm $780,000 $5,865
Sep 2017 04 TO 06 5 ROOM 133 sqm $800,000 $6,015
Jun 2017 13 TO 15 4 ROOM 103 sqm $568,000 $5,515
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 255 Bishan Street 22

Block 255 at Bishan Street 22 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, 5 room flats, with resale prices ranging from $518,000 to $960,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $960,000 in 2024-04. The current median price per square metre is $5,902. 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 255 Bishan Street 22 worth?

The most recent resale transaction at Block 255 Bishan Street 22 was $960,000 for a 5 room flat in 2024-04. The median price per square metre across all flat types is $5,902, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 255 Bishan Street 22?

Block 255 Bishan Street 22 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 255 Bishan Street 22?

Block 255 Bishan Street 22 in Bishan contains 4 room, 5 room flats. Resale prices range from $518,000 to $960,000 based on historical transaction records from data.gov.sg.

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