Issue 001September 4, 2026

Bishan Town Pulse | August 2026 | HDB Resale & Rental

Verified & checked as of 29 Sep 2026

Bishan Pulse August 2026
Roncasa ▪ Town Pulse Bishan · Central Region Verified as of 30 Sep 2026 August 2026
◆ Seller's Market◆ Sellers Hold Leverage◆ Stable Rental Market
Median PSF · August 2026
$736 ▲ +4.8% MoM
Resale Transactions
48
▲ 45.5% vs prior mth
vs Region Median
-3.4%
▲ $762 base
Town Rank
#6 / 9
Central region by PSF

The top transaction this month hit $946 psf on Bishan St 13 — 29% above the town median. One block, very different price point.

Transaction volume picked up in Bishan in August 2026, with 48 resale transactions compared to 33 in July. Month-on-month, the town median PSF edged up 4.8% to $736 — a constructive signal for sellers. The town sits below the regional median of $762 psf (-3.4%).

$736
Median PSF
48
Resale Transactions
#6
Town Rank (Central)

Verified as of 30 Sep 2026 · Latest resale data through Aug 2026 · Latest rental data through Aug 2026

01Town Context
$571$713$855JunJulAug2-Room3-Room4-Room5-RoomExecutive

Bishan median PSF by flat type (2/3/4/5-Room + Executive), last 3 months. Source: HDB Resale Transactions, data.gov.sg.

Scope Median PSF vs Bishan
Bishan $736 —
Central Region $762 +3.5%
Island Wide $601 -18.3%

Bishan ranks #6 of 9 Central region towns by median resale PSF this month. Source: HDB Resale Transactions, data.gov.sg.

Top Streets by Volume

Street Transactions Median PSF
Shunfu Rd 2 transactions $676
Sin Ming Rd 2 transactions $489
Bishan St 23 2 transactions $736
Bishan St 12 2 transactions $716
Bishan St 12 1 transaction $736

Top 5 streets by resale transaction count this month. Source: HDB Resale Transactions, data.gov.sg.

Share of Town HDB Stock Transacted
0.25%
02Resale Market

Price Bands by Flat Type

Flat Type n Low (P25) Median High (P75) Median PSF
Overall 48 $725,000 $849,444 $1,135,500 $736
3-Room 6 $360,500 $434,000 $505,250 $601
4-Room 22 $715,000 $815,444 $849,722 $714
5-Room 12 $906,250 $1,011,500 $1,135,500 $771
Executive 8 $1,241,160 $1,295,000 $1,466,000 $812

Low/High = P25–P75 (APPROX_QUANTILES)
P25 (Low): 25% of flats sold below this price.
P50 (Median): The exact middle market price.
P75 (High): 75% of flats sold below this price.

August 2026 transactions only. Source: HDB Resale Transactions, data.gov.sg.

The $736 median PSF represents a 4.8% gain against July's $702. Transaction count rose 45% from 33 to 48. If you're a seller, this month's data supports holding asking price.

Shunfu Rd led with 2 transactions (4% of all town resale) at a median $676 psf — 8% below the town median. Sin Ming Rd followed with 2 transactions.

4-Room flats led resale activity in August 2026, accounting for 22 of 48 transactions (46%) at a median $714 psf.

Top Transactions

Block / Street Flat Type Storey Size Price PSF Lease Left
192 Bishan St 13 Executive 22 TO 24 1,744 $1,650,000 $946 60 years
01 month
273B Bishan St 24 5-Room 31 TO 33 1,292 $1,620,000 $1,254 84 years
442 Sin Ming Ave Executive 19 TO 21 1,722 $1,550,000 $900 62 years
06 months
212 Bishan St 23 Executive 10 TO 12 1,679 $1,438,000 $856 64 years
09 months
238 Bishan St 22 Executive 04 TO 06 1,604 $1,330,000 $829 65 years
Block / Street Flat Type Storey Size Price PSF Lease Left
110 Bishan St 12 3-Room 01 TO 03 753 $520,000 $690 58 years
06 months
129 Bishan St 12 3-Room 04 TO 06 689 $507,000 $736 59 years
07 months
311 Shunfu Rd 3-Room 01 TO 03 721 $500,000 $693 57 years
04 months
22 Sin Ming Rd 3-Room 07 TO 09 732 $368,000 $503 46 years
02 months
23 Sin Ming Rd 3-Room 10 TO 12 700 $358,000 $512 46 years
03 months
Block / Street Flat Type Storey Size Price PSF Lease Left
273A Bishan St 24 4-Room 34 TO 36 1,023 $1,300,000 $1,271 84 years
01 month
293 Bishan St 22 4-Room 22 TO 24 1,098 $910,000 $829 70 years
11 months
241 Bishan St 22 4-Room 04 TO 06 1,227 $871,000 $710 65 years
235 Bishan St 22 4-Room 04 TO 06 1,216 $860,168 $707 64 years
09 months
292 Bishan St 22 4-Room 10 TO 12 1,098 $850,000 $774 70 years
10 months
Block / Street Flat Type Storey Size Price PSF Lease Left
273B Bishan St 24 5-Room 31 TO 33 1,292 $1,620,000 $1,254 84 years
207 Bishan St 23 5-Room 04 TO 06 1,475 $1,160,000 $787 64 years
10 months
446 Bright Hill Dr 5-Room 04 TO 06 1,313 $1,158,000 $882 62 years
09 months
290 Bishan St 24 5-Room 25 TO 27 1,324 $1,128,000 $852 70 years
10 months
158 Bishan St 13 5-Room 07 TO 09 1,367 $1,100,000 $805 60 years
06 months
Block / Street Flat Type Storey Size Price PSF Lease Left
192 Bishan St 13 Executive 22 TO 24 1,744 $1,650,000 $946 60 years
01 month
442 Sin Ming Ave Executive 19 TO 21 1,722 $1,550,000 $900 62 years
06 months
212 Bishan St 23 Executive 10 TO 12 1,679 $1,438,000 $856 64 years
09 months
238 Bishan St 22 Executive 04 TO 06 1,604 $1,330,000 $829 65 years
257 Bishan St 22 Executive 04 TO 06 1,625 $1,260,000 $775 65 years

Top 5 resale transactions by price. Source: HDB Resale Transactions, data.gov.sg.

Lease Decay Comparison

$1,20380-89$83070-79$80660-69$716under-60

Median PSF by remaining lease band, blended across 2/3/4/5-Room and Executive flats. Detail by flat type below. Source: HDB Resale Transactions, data.gov.sg.

4-Room flats in Bishan show a real lease-decay gap — units with 80-89 years remaining trade at $1,204 psf against $702 psf for the under-60 band, a 42% spread. That's the clearest single number in this report for anyone deciding how much a shorter lease should actually discount a flat.

Unit Type Breakdown

Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 0 No resale transactions lodged in the past 5 years for this size.
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 1312-mo avg · 13 transactions $568,888 $826
under-60 years 6 $434,000 $601
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 1012-mo avg · 10 transactions $1,231,444 $1,204
70-79 years 712-mo avg · 7 transactions $910,000 $829
60-69 years 13 $815,888 $707
under-60 years 6 $710,000 $702
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 1012-mo avg · 10 transactions $1,553,500 $1,203
70-79 years 1112-mo avg · 11 transactions $1,100,000 $831
60-69 years 5 $1,100,000 $787
under-60 years 5 $950,000 $729
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 7 $1,330,000 $829
under-60 years 512-mo avg · 5 transactions $1,300,000 $775

Lease Bands: Remaining years on the lease. Low Volumes: If under 5 sales, data expands.
Fallback 1: Uses 12-month average (flagged). Fallback 2: Uses 5-year transaction history.

Data Source: HDB Resale Transactions, data.gov.sg.

03Rental MarketLatest available: Aug 2026 · HDB rental lodgements typically lag ~1 month behind resale

No leases lodged in the past 5 years for this size.

Median Rent
$3,000/mo
Rent MoM
+3.4%
Leases This Month
13
Lease Volume MoM (vacancy proxy)
-13.3%

Rents firming (+3.4% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Top Streets — 3-Room Rentals

Street Leases Median Rent
Bishan St 13 2 $3,050/mo
Shunfu Rd 2 $2,800/mo
Bishan St 12 1 $3,050/mo
Median Rent
$3,700/mo
Rent MoM
+0.0%
Leases This Month
34
Lease Volume MoM (vacancy proxy)
+47.8%

Rents holding steady (+0.0% MoM) on rising lease volume.

Top Streets — 4-Room Rentals

Street Leases Median Rent
Bishan St 12 2 $3,650/mo
Bishan St 24 2 $3,700/mo
Shunfu Rd 2 $3,200/mo
Median Rent
$4,150/mo
Rent MoM
+1.2%
Leases This Month
12
Lease Volume MoM (vacancy proxy)
+9.1%

Rents holding steady (+1.2% MoM) on steady lease volume.

Top Streets — 5-Room Rentals

Street Leases Median Rent
Bishan St 12 2 $4,300/mo
Bishan St 12 2 $3,450/mo
Sin Ming Ave 2 $3,775/mo
Median Rent
$4,500/mo
12-mo avg · 31 leases
Rent MoM
n/a
Leases This Month
4
Lease Volume MoM (vacancy proxy)
n/a

HDB leases lodged with HDB / data.gov.sg. Excludes private residential. No vacancy_supply table equivalent exists for HDB — lease-volume MoM is used here as the vacancy proxy signal. Source: HDB Rental Transactions, data.gov.sg.

Ron's Read

August 2026 was an active month for Bishan — prices and volume moved up together. That's a stronger read than PSF gains on thin activity. When volume confirms price, it's real. Sellers can hold asking prices with reasonable confidence. Buyers chasing specific blocks should price in less negotiating room this month. That 42% 4-Room lease-decay spread between the 80-89 and under-60 bands is the number to anchor any negotiation on a shorter-lease unit here — don't let a seller price a thinning lease like a fresh one.

05What It Means For You
What It Means For You

No resale transactions lodged in the past 5 years for this size.

Typical Entry Price
$436,599
vs Region Median PSF
-21.1%
Est. Gross Yield
~8.2%
Rental Range
$2,500–$3,100/mo

Softening (-12.6% MoM) — a reasonable window to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$791,987
vs Region Median PSF
-6.3%
Est. Gross Yield
~5.6%
Rental Range
$3,500–$3,800/mo

Flat — sentiment isn't driving this flat type right now, anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$1,008,920
vs Region Median PSF
+1.2%
Est. Gross Yield
~4.9%
Rental Range
$3,775–$4,225/mo

Rising (+7.4% MoM) — expect less room to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$1,311,011
vs Region Median PSF
+6.6%
Est. Gross Yield
—
Rental Range
$4,200–$4,850/mo

Rising (+7.2% MoM) — expect less room to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation

No resale transactions lodged in the past 5 years for this size.

Resale Transactions
6
Exit Price Est.
$436,599
Exit Median PSF
$601

Softening (-12.6% MoM) — buyers may push back on this flat type.

Rental strong, +3.4% MoM — supports pricing (13 leases last month). Currently -21.1% vs the region median.

Get a Free Valuation
Resale Transactions
22
Exit Price Est.
$791,987
Exit Median PSF
$714

Flat (+0.9% MoM) — anchor to recent comparables.

Rental steady, +0.0% MoM (34 leases last month). Currently -6.3% vs the region median.

Get a Free Valuation
Resale Transactions
12
Exit Price Est.
$1,008,920
Exit Median PSF
$771

Rising (+7.4% MoM) — expect less room to negotiate on this flat type.

Rental steady, +1.2% MoM (12 leases last month). Currently +1.2% vs the region median.

Get a Free Valuation
Resale Transactions
8
Exit Price Est.
$1,311,011
Exit Median PSF
$812

Rising (+7.2% MoM) — expect less room to negotiate on this flat type.

31 leases over the trailing 12 months (12-mo avg · 31 leases) — this month's count is too thin for a MoM read. Currently +6.6% vs the region median.

Get a Free Valuation

No leases lodged in the past 5 years for this size.

Median Rent
$3,000/mo
Low–High Range
$2,500–$3,100/mo
Est. Gross Yield
~8.2%

Rents firming (+3.4% MoM) on thinning lease volume — a vacancy-proxy signal worth watching.

Street Leases Median Rent
Bishan St 13 2 $3,050/mo
Shunfu Rd 2 $2,800/mo
Bishan St 12 1 $3,050/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$3,700/mo
Low–High Range
$3,500–$3,800/mo
Est. Gross Yield
~5.6%

Rents holding steady (+0.0% MoM) on rising lease volume.

Street Leases Median Rent
Bishan St 12 2 $3,650/mo
Bishan St 24 2 $3,700/mo
Shunfu Rd 2 $3,200/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,150/mo
Low–High Range
$3,775–$4,225/mo
Est. Gross Yield
~4.9%

Rents holding steady (+1.2% MoM) on steady lease volume.

Street Leases Median Rent
Bishan St 12 2 $4,300/mo
Bishan St 12 2 $3,450/mo
Sin Ming Ave 2 $3,775/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,500/mo
12-mo avg · 31 leases
Low–High Range
$4,200–$4,850/mo
Est. Gross Yield
—

12-mo avg · 31 leases

Low/High = P25–P75 rent range this month.

Talk Rental Strategy