Type

Units

Min Area

Price Range

3 BR

1119 sqft

S$868K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$868K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$174K on this acquisition.
Located 15 min (1.24 km) from NS17 Bishan MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

267 Bishan Street 24: A Mature HDB Development in the Heart of Bishan

Located on Bishan Street 24, this established HDB flat development represents a popular residential choice within one of Singapore's most sought-after housing estates. The development sits in a well-established neighbourhood that combines urban convenience with community-oriented living, positioning it favourably for both owner-occupiers and property investors seeking stability and consistent demand.

The estate benefits from its strategic location within Bishan, a district renowned for its balance of accessibility, affordability, and quality-of-life amenities. Residents enjoy proximity to a comprehensive range of retail, dining, and entertainment options, whilst the neighbourhood maintains the character and familiarity that long-time residents have come to value. The development's position within a mature estate means established infrastructure, proven tenant demand patterns, and a strong track record of capital appreciation relative to newer, untested launches.

Connectivity and Transport Links

Approximately 15 minutes' walk from NS17 Bishan MRT Station, the development enjoys solid public transport connectivity that forms the backbone of its appeal. The North-South Line connection provides direct access to the financial district, making commutes to Raffles Place and Marina Bay straightforward for professionals. This accessibility translates into consistent rental demand, as tenants value short commute times and the ability to reach multiple job centres across the island without transfers. The reliability of the North-South Line, one of Singapore's busiest and most frequently serviced corridors, further enhances the appeal of properties within this catchment area.

Beyond the MRT, the estate benefits from comprehensive bus services that connect to residential pockets across the North and Central Regions. For families with school-age children or those managing multiple destinations, these secondary transport links reduce reliance on private vehicles and increase the development's appeal to a broader demographic.

Layout and Unit Configuration

Units within the development are offered in multiple bedroom configurations, catering to diverse household needs and budgets. Three-bedroom units represent a popular choice for growing families, whilst smaller units attract first-time buyers and investors focused on maximising rental yield. The range of available floor areas ensures that purchasers can select a configuration that aligns with their space requirements and financial capacity. Listings typically commence from S$868,000, though prices vary based on unit type, floor level, and condition, offering entry points across different buyer segments.

Investment Potential and Rental Demand

The Bishan estate has established itself as a stable investment location, with consistent rental demand driven by young professionals, upgraders, and families. Properties in mature estates typically attract tenants seeking affordable, accessible accommodation without the premium pricing of newer developments. The proximity to NS17 Bishan MRT Station ensures that the development appeals to a wide tenant pool, supporting rental yield and reducing vacancy risk. For investors considering this development, the mature estate status typically correlates with more predictable rental returns and lower volatility compared to speculative new launches.

Historically, HDB flats in established locations like Bishan have demonstrated steady capital appreciation, though the rate of growth tends to be more moderate than newly launched private residential developments. The strength of the HDB resale market in this district, supported by continuous demand from upgraders and portfolio investors, provides confidence in long-term value retention.

Estate Amenities and Lifestyle

Residents benefit from the extensive amenities infrastructure that characterises Bishan as a mature, well-developed estate. Bishan Park, one of Singapore's most comprehensive green spaces, is within easy reach, offering recreational facilities, walking trails, and community spaces. The estate features multiple hawker centres and neighbourhood shopping malls, ensuring that day-to-day shopping and dining needs are met locally without requiring trips to regional centres. Community facilities including childcare centres, medical clinics, and fitness options are well-distributed throughout the estate, supporting residents across different life stages.

The maturity of the estate also means that neighbourhood character and community cohesion are well-established, creating a stable living environment distinct from newer, still-forming residential precincts.

Financing and Investment Considerations

Purchasers of HDB flats must ensure they meet eligibility criteria and satisfy the debt servicing requirements set by HDB and financial institutions. For investors purchasing as a second residential property, the Additional Buyer's Stamp Duty (ABSD) of 20% will apply to the purchase price, representing a significant cost component that must be factored into investment returns. First-time buyers and owner-occupiers benefit from exemption from ABSD, making this development accessible at a lower effective purchase cost for this demographic.

The pricing range of available units allows prospective buyers to model different financing scenarios based on their cash position and borrowing capacity. With multiple unit types available, buyers can select a configuration that aligns with their target loan amount and monthly servicing capacity.

Market Position and Comparison

Bishan remains competitive within the mature HDB market, offering value relative to newer private residential launches whilst maintaining strong rental demand and capital stability. The development's position within an established estate community, combined with direct MRT access, positions it favourably against competing HDB precincts that may lack equivalent transport connectivity. Buyers comparing this development to alternatives in adjacent areas will typically find the proximity to the North-South Line a significant differentiator in terms of both lifestyle convenience and long-term investment appeal.

The breadth of unit sizes and configurations available at 267 Bishan Street 24 ensures that a wider range of buyers can identify a suitable purchase option, enhancing the development's liquidity and long-term appeal relative to buildings with narrower offering.

Frequently Asked Questions

What rental yield can investors typically expect from purchasing a unit at 267 Bishan Street 24?

HDB flats in mature estates like Bishan typically deliver gross rental yields in the range of 3% to 4.5%, depending on unit type, floor level, and current rental rates in the precinct. Three-bedroom units, popular for multi-generational family tenancies, often command higher absolute rents than smaller units, though yield percentages may be comparable once adjusted for purchase price. The stable demand profile in the Bishan estate, supported by proximity to NS17 Bishan MRT Station and consistent tenant attraction, provides confidence in rental sustainability over medium to long-term holding periods. Investors should model rental yields using current market data for comparable units in the same development and surrounding blocks, as rental rates fluctuate based on market cycles and demographic shifts in the estate.

How does the per-square-foot pricing at 267 Bishan Street 24 compare to recent HDB resale transactions in Bishan?

Bishan HDB flats have traded at per-square-foot prices ranging from approximately S$750 to S$850 in recent resale transactions, depending on unit type, floor level, and condition. Units at 267 Bishan Street 24, priced from S$868,000, reflect a mid-range positioning within the Bishan market, competitive with newer property entering the estate's resale market. The exact price-per-square-foot varies significantly based on unit configuration and floor level, with higher-floor and corner units commanding premiums over similar interior units on lower levels. Prospective buyers should conduct detailed comparisons using recent transaction data from HDB Resale Portal and property portals to establish fair value for their target unit configuration, as individual unit characteristics drive pricing variation within the same block.

What is the impact of Additional Buyer's Stamp Duty (ABSD) on second-property purchases at this development?

Singapore Citizens purchasing a second residential property, including HDB flats, are subject to Additional Buyer's Stamp Duty (ABSD) at the rate of 20% of the purchase price, effective from April 2022 onwards. For a unit priced at S$868,000, ABSD would add approximately S$173,600 to the total acquisition cost, significantly impacting the effective investment outlay and required financing. This substantial duty must be paid at point of purchase and cannot be financed through a mortgage loan, necessitating adequate liquid capital reserves. First-time HDB buyers and owner-occupiers purchasing their first property are exempt from ABSD, making this development more attractive from a cost-of-acquisition perspective for this demographic compared to investors and upgraders subject to the full duty rate.

What is the lease tenure of units at 267 Bishan Street 24, and does lease decay pose a resale value risk?

HDB flats at 267 Bishan Street 24 are held on 99-year leasehold tenures, which is the standard lease length for HDB flat sales in Singapore. The development's current age determines the remaining lease duration, and older buildings will have proportionally shorter remaining tenures, which can impact resale value as leases approach the 20-year mark. However, HDB provides lease renewal schemes and enhancement programmes that allow leaseholders to extend tenures, providing a mechanism to mitigate long-term depreciation risk. Prospective buyers should verify the exact remaining lease for their target unit, as this directly affects financing options, with lenders typically requiring minimum 20-30 years' remaining tenure at the time of mortgage maturity, and factor lease extension costs and timing into their long-term investment strategy.

How does proximity to NS17 Bishan MRT Station influence demand and capital appreciation potential?

Direct or near-direct MRT access is a primary value driver in the HDB resale market, as it dramatically reduces commute times for working professionals and increases the pool of prospective tenants. The 15-minute walk to NS17 Bishan Station places the development within the highly desirable transport-proximate catchment, which historically correlates with more stable capital appreciation and stronger rental demand compared to transport-remote HDB estates. The North-South Line's role as a primary commuter spine connecting residential Bishan to the central business district, medical and education hubs, and regional employment centres ensures sustained transport demand across economic cycles. Properties within 800 metres of an MRT station typically command 10-15% value premiums relative to similar units in the same estate but with poorer transport connectivity, making the development's location a significant wealth-preservation feature over multi-decade holding periods.

Which buyer profiles is 267 Bishan Street 24 best suited to, and why?

First-time HDB buyers seeking affordable entry into home ownership find this development attractive due to pricing accessibility, established estate infrastructure, and strong financing support through HDB loan schemes, coupled with exemption from ABSD. Upgraders moving from smaller units to larger three-bedroom configurations are a natural demographic fit, as Bishan's accessibility and amenity range appeal to families expanding beyond starter flats. Owner-occupiers prioritising commute convenience and lifestyle stability over new-build prestige are well-served by the development's transport links and mature community character. Portfolio investors targeting stable rental returns and capital preservation, rather than speculative growth, benefit from the estate's proven demand dynamics and lower volatility profile relative to newer launches; however, the 20% ABSD cost must be carefully evaluated against projected yields. Affluent buyers seeking trophy properties or architectural distinction would likely direct capital to newer private residential developments, making this an estate-focused rather than aspirational luxury investment.

What TDSR and financing headroom can buyers typically access at the current price range?

Total Debt Servicing Ratio (TDSR) limits cap repayment obligations at 55% of gross household income for HDB loan applicants, and mortgage lenders apply similar or tighter ratios. A purchase price of S$868,000 with a 25-year loan term at 2.5% interest rate would generate monthly instalments of approximately S$4,100, requiring a household gross income of at least S$7,500 to stay comfortably within TDSR limits. Three-bedroom units across the development's offerings allow buyers to model financing scenarios across different configurations, with smaller units generating lower monthly servicing costs and creating headroom for multiple-property portfolios. Buyers should engage directly with HDB and private lenders to model their specific financing scenarios based on personal income, existing debt commitments, and down-payment capacity, as TDSR calculations vary based on loan tenure and current interest-rate environment. Upgraders with existing HDB flat sales proceeds typically have enhanced financing capacity and may access larger loans relative to their income, whereas first-time buyers rely entirely on current earnings and available savings.

How does 267 Bishan Street 24 compare to nearby competing HDB blocks and newer private residential developments?

Competing HDB blocks within Bishan estate offer similar pricing, amenity access, and transport connectivity, with differentiation driven by individual block location, age, and unit condition rather than fundamental development characteristics. Newer private residential launches in adjacent districts (such as Ang Mo Kio or Toa Payoh) typically command 20-40% price premiums over HDB offerings whilst delivering superior finishing, concierge services, and architectural prestige; however, these developments attract a different buyer demographic focused on luxury and investment leverage. The development's strength lies in its accessibility to first-time buyers and upgraders for whom HDB pricing and stability are essential, rather than competition for capital against private residential alternatives targeting high-net-worth purchasers. Within the HDB market specifically, properties with direct MRT proximity and three-bedroom configurations—both present at this development—typically outperform peripheral HDB estates lacking equivalent transport access, supporting stronger tenant demand and capital retention.

Which unit types or floor levels offer the best value at 267 Bishan Street 24?

Lower and middle-floor units typically offer superior value compared to high-floor units in HDB developments, as the premium for upper-level units (driven by light, views, and reduced ground-level noise) may not justify the incremental cost in an estate context where outdoor space and privacy are inherently limited. Units positioned mid-block often experience lower through-traffic and noise compared to corner units or units adjacent to lift lobbies, whilst remaining at comparable price points to busier locations. Three-bedroom units in the development provide better per-square-foot value than smaller units when targeted for owner-occupation, as the additional space commands disproportionately higher rents when leased to multi-person households. Prospective buyers should conduct detailed unit-by-unit comparisons within the development, examining exact floor plans, orientation, lift proximity, and recent transaction prices for comparable units to identify pricing anomalies or exceptional value positions within the current available stock.

What is the future supply pipeline in the Bishan district, and how might it affect property values?

Bishan, as a mature estate developed in the 1980s-90s with limited remaining redevelopment capacity, faces constrained new HDB supply, with most future developments concentrated in outer regions (Sengkang, Punggol, Jurong) as part of the broader public housing expansion programme. This supply constraint supports long-term value retention for existing Bishan properties, as new housing options will direct first-time buyers and upgraders to newer estates, leaving the Bishan resale market relatively insulated from new-supply competition. However, upcoming private residential launches in adjacent areas such as Bukit Timah and Macpherson corridors may attract higher-income cohorts away from HDB purchasing, indirectly reducing demand dynamics for some HDB segments. The development's strategic location at transport-proximate Bishan positions it favourably to retain demand even in a lower-overall-growth environment, as properties with MRT access typically demonstrate more resilience to new-supply disruption compared to transport-remote estates. Buyers should monitor URA planning announcements and public housing roadmaps to understand long-term supply trajectory for their district, as this informs holding-period strategy and expected capital appreciation timelines.

[For Sale] Hdb Flat At 267 Bishan Street 24 — From S$868K