Type

Units

Min Area

Price Range

3 BR

898 sqft

S$630K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$630K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$126K on this acquisition.

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.

150 Bishan Street 11: A Mature HDB Estate in Singapore's Thriving Bishan District

150 Bishan Street 11 stands as a well-established public housing development in one of Singapore's most vibrant residential neighbourhoods. Located in the heart of Bishan, this HDB project represents the kind of mature estate living that appeals to families, upgraders, and investors seeking stability in an established community with proven demand dynamics.

Bishan itself has evolved into a desirable residential district, characterised by a strong sense of community, reliable public transport links, and comprehensive neighbourhood facilities. The Bishan area continues to attract residents who value both accessibility and the established character of a mature estate, where infrastructure has been refined over decades and community bonds run deep. Properties at 150 Bishan Street 11 benefit from this context, offering buyers entry into a neighbourhood with proven staying power and consistent market interest.

Layout and Space Configuration

Units at this development typically feature practical 3-bedroom configurations with approximately 900 square feet of living space, a sizing that has proven consistently popular among Singapore's upgrader segment. The two-bathroom setup provides functional separation for family living, whilst the overall floor plates offer comfortable proportions without excessive wasted corridor or common area space. This balanced approach to unit design reflects mature HDB planning principles that prioritise livability over novelty, making these homes suitable for multi-generational households or families with children seeking reliable, unpretentious accommodation.

The typical unit size places these properties squarely in the established band of public housing that commands steady resale interest. Buyers evaluating properties at this development will find themselves comparing units that offer genuine practical utility rather than premium finishes or trendy design touches—a characteristic that supports long-term value retention and broad market appeal across different buyer demographics.

Neighbourhood Context and Connectivity

The Bishan location delivers straightforward connectivity across Singapore's transport network, with the neighbourhood served by established MRT infrastructure that has proven its reliability over many years of operation. Residents benefit from the kind of mature transport integration that reduces reliance on private vehicles and supports easy commuting patterns to employment hubs across the island. The established nature of the neighbourhood means that connectivity improvements are typically incremental rather than transformative, supporting predictable value trajectories.

Beyond transport, Bishan offers the accumulated benefits of decades-old community planning—established market precincts, neighbourhood parks, community centres, and a dense network of schools across all primary educational bands. The retail and dining landscape has evolved organically around the estate, providing residents with authentic neighbourhood character rather than purpose-built commercial components.

Market Positioning and Buyer Suitability

Properties at 150 Bishan Street 11 appeal most strongly to upgraders transitioning from smaller HDB units or private condominiums seeking the financial efficiency and community stability of established public housing. Families with school-age children find particular value in the neighbourhood's educational infrastructure and the practical layouts that support family routines. First-time buyers considering this development benefit from the transparent pricing and established comparables that characterise mature HDB estates, reducing valuation uncertainty.

Investors evaluating the development should consider it within the context of HDB resale market fundamentals—steady rental demand from expatriate populations and younger Singapore households, predictable lease decay dynamics as units age, and the gradual appreciation patterns typical of well-maintained mature estates. The 3-bedroom configuration attracts rental interest from families and multi-occupant households, supporting yield expectations that sit within historical HDB ranges.

Price Positioning and Market Dynamics

Current asking prices for available units at 150 Bishan Street 11 begin from approximately S$630,000, positioning the development within the accessible range for upgraders with modest financing capacity and investors seeking entry-level yield-generating properties. The price per square foot reflects the development's mature status and Bishan location—neither cutting-edge pricing nor premium positioning, but genuine market-clearing levels that accommodate both buyer types and investment mandates.

The resale market for Bishan HDB properties has demonstrated consistent activity, with transaction data showing regular turnover across the estate. Pricing trends have historically tracked broader public housing appreciation patterns, supporting the neighbourhood's reputation as a stable, low-volatility investment environment. Buyers should evaluate current pricing against recent comparable transactions within Bishan Street and adjacent precincts to ensure alignment with current market momentum.

Lease Tenure and Long-Term Value Considerations

Like all HDB properties, units at 150 Bishan Street 11 are held on leasehold tenure—typically 99 years from the original grant date. For properties in this mature estate, lease decay represents a gradual but inevitable consideration that affects resale value progression over time. Properties approaching the 80-year mark on their lease will experience accelerating value declines, a dynamic that becomes particularly material when purchasing for long-term hold periods.

First-time buyers should verify the exact lease commencement date for any unit of interest, as this directly impacts the remaining tenure and the property's useful investment horizon. Upgraders trading into this development from earlier purchases will find themselves managing lease decay across a portfolio—a common scenario in Singapore's public housing market that requires realistic expectations about long-term appreciation potential. Investors should factor lease length explicitly into yield calculations, recognising that declining tenure will eventually suppress both capital value and rental demand.

Financing and Affordability Metrics

For buyers approaching 150 Bishan Street 11 with standard financing models, properties in the S$630,000 range typically require down payments of 20 to 25% for cash purchases by Singapore Citizens, with the remainder eligible for HDB loan financing or private mortgage products. The Total Debt Servicing Ratio (TDSR) threshold at prevailing interest rates means that purchasers require gross household income of approximately S$80,000 to S$100,000 annually to comfortably service financing on properties at this price point—a metric that defines much of the development's buyer base.

Singapore Citizens contemplating a second property purchase will encounter Additional Buyer's Stamp Duty (ABSD) at 20%, materially increasing acquisition costs beyond the headline purchase price. This ABSD consideration often drives investor decisions to ensure that yield projections and capital appreciation expectations compensate adequately for the elevated initial outlay.

Competitive Positioning Within Bishan

The Bishan precinct contains multiple HDB estates spanning different ages and configurations, creating a competitive marketplace where 150 Bishan Street 11 competes on maturity, location proximity to amenities, and pricing transparency. Properties at comparable developments within walking distance offer similar layouts and price positioning, meaning buyers benefit from plentiful comparable data when evaluating value. Neighbouring estates provide genuine alternatives for purchasers, encouraging realistic pricing and preventing value distortion from scarcity.

Established private residential alternatives exist within Bishan's broader neighbourhood, though these command significant price premiums for freehold tenure, newer construction, or premium finishes—trade-offs that HDB buyers consciously decline in exchange for accessibility and financial efficiency.

Investment Yield and Rental Market Dynamics

Properties at 150 Bishan Street 11 typically generate gross rental yields within the 3 to 4% band when purchased at current market prices, comparable to established HDB yield profiles across Singapore. The stable rental market for 3-bedroom HDB units reflects consistent demand from expatriate families, young couples with children, and multi-occupant household structures. Rental demand for this unit configuration remains resilient across economic cycles, supporting investor confidence in yield stability.

However, investors should model lease decay into long-term yield calculations—as the property ages, rental values will gradually compress, creating a narrowing window for value-accretive holding periods. Purchase timing relative to lease length becomes material for investors seeking to realise capital appreciation alongside rental income, with properties younger on their lease generally supporting stronger total return profiles.

Future Market Outlook and Development Pipeline

The Bishan district contains limited scope for new HDB development—the estate fabric is essentially complete, and future supply growth will occur through en-bloc collective sales of mature blocks or consolidation redevelopment rather than greenfield HDB expansion. This supply constraint provides quiet support for long-term appreciation in established estates like 150 Bishan Street 11, where the replacement cost of housing supply far exceeds the cost of acquiring resale units. The absence of significant new supply in the immediate neighbourhood protects existing residents from value dilution through excess new inventory.

Upgrading initiatives and precinct improvements will continue across the Bishan area, but these typically involve cosmetic enhancement and infrastructure renewal rather than fundamental neighbourhood transformation. Buyers should expect gradual, predictable evolution rather than dramatic revaluations driven by new precinct catalysts.

Conclusion: Stable, Accessible, Established Living

150 Bishan Street 11 represents the category of property that defines Singapore's public housing market—established, accessible, practically configured, and embedded within a neighbourhood of genuine community fabric. The development appeals to buyers seeking stability and financial efficiency rather than premium positioning or investment appreciation drama. Current pricing and available inventory reflect a mature resale market where comparative data is abundant and value is transparent, supporting informed purchase decisions across buyer demographics.

Frequently Asked Questions

What rental yield can investors realistically expect from properties at 150 Bishan Street 11?

Properties at this mature Bishan estate typically generate gross rental yields within the 3 to 4% band at current market pricing, reflecting the stable demand profile for 3-bedroom HDB units across Singapore's expatriate and young family rental markets. Rental income remains relatively predictable due to the consistent appeal of this unit configuration to multi-occupant households seeking affordable family accommodation in established neighbourhoods. However, investors must factor lease decay into long-term yield models—as the property ages beyond 80 years on its lease, rental values will compress alongside declining capital values, narrowing the effective investment window for yield-generating holds. Serious investors should model declining rental profiles over 15 to 20-year holding periods to understand total return scenarios rather than relying on static yield assumptions.

How do current asking prices at 150 Bishan Street 11 compare to recent per-square-foot transactions in Bishan?

Properties at 150 Bishan Street 11 are currently offered from approximately S$630,000, translating to a per-square-foot value of roughly S$700 to S$750 depending on exact unit size within the typical 900 sqft parameters—pricing that aligns closely with recent Bishan HDB resale transactions for comparable 3-bedroom units. The neighbourhood's mature status and established character support stable pricing that neither commands premium valuations nor attracts distressed pricing, with the per-sqft band reflecting genuine market-clearing levels. Buyers evaluating value should cross-reference current asking prices against HDB transaction records from the past three to six months across adjacent Bishan Street blocks to confirm alignment with recent comparable market activity and identify any pricing drift relative to broader estate trends. The absence of dramatic pricing movements supports confidence that headline prices reflect actual market sentiment rather than speculative positioning.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing a second residential property at this development?

Singapore Citizens acquiring a second residential property at 150 Bishan Street 11 will incur Additional Buyer's Stamp Duty (ABSD) at the current rate of 20%, calculated on the purchase price above the first S$180,000 of consideration. For a property priced at S$630,000, the ABSD liability will approximate S$90,000, materially increasing total acquisition costs beyond the headline purchase price and requiring careful incorporation into investment return calculations. This ABSD obligation applies regardless of whether the property is intended for personal residence or investment purposes, though investors particularly should model the upfront cost impact when evaluating whether the expected yield and capital appreciation justify the elevated initial outlay. First-time property buyers purchasing their first residential property incur no ABSD, whilst subsequent purchases by the same person will trigger the full 20% duty—a distinction that shapes financing requirements and ROI expectations for investor portfolios.

What is the lease decay risk for properties at 150 Bishan Street 11, and how does this affect resale value?

HDB properties at 150 Bishan Street 11 are held on 99-year leases from their original grant date—a tenure constraint that creates inevitable lease decay affecting both capital value and rental demand as the property ages. Properties approaching 80 years on their remaining lease experience accelerating value declines, typically losing 10 to 15% of their resale value within each subsequent 10-year period as the lease tail shortens, with the decline becoming especially severe once the property falls below 60 years remaining tenure. For buyers evaluating these properties, the exact lease commencement date is critical information that directly impacts the property's useful investment horizon and long-term appreciation potential—a property with 85 years remaining lease represents a materially different investment proposition than one with 60 years remaining, despite identical current pricing. Upgraders purchasing at this development should verify lease length and model realistic value progression scenarios across their intended holding period, recognising that lease decay will eventually suppress both market value and rental demand regardless of neighbourhood amenities or structural condition.

How does proximity to the nearest MRT station affect demand and capital appreciation at 150 Bishan Street 11?

Properties at 150 Bishan Street 11 benefit from access to Bishan MRT station, an established node on Singapore's transport network that has delivered reliable connectivity for decades and supports steady commuting patterns across the island without requiring private vehicle ownership. The mature transport infrastructure provides predictable utility value rather than transformative connectivity improvements—demand for properties in this location reflects baseline transport adequacy rather than cutting-edge convenience, supporting stable valuation patterns. Capital appreciation at this development historically tracks broader HDB market appreciation rather than experiencing dramatic revaluation driven by MRT proximity, as the transport advantage is already fully embedded in established market pricing and buyer expectations. Properties within easy walking distance of the MRT station command modest premiums over equivalently-sized units in less accessible micro-locations, but the gradient is modest and reflects matured market pricing rather than arbitrage opportunity—serious buyers should focus on unit fundamentals and lease tenure rather than expecting MRT-proximity-driven appreciation.

Which buyer profiles are best suited to properties at 150 Bishan Street 11?

Upgraders transitioning from smaller HDB units represent the primary target buyer cohort for 150 Bishan Street 11, as these properties offer practical step-up in space and comfort whilst maintaining the affordability and financing accessibility that characterise the public housing market. Families with school-age children find genuine value in the neighbourhood's established educational infrastructure and practical 3-bedroom layouts that accommodate multi-generational living or children requiring separate sleeping areas. First-time property buyers with modest savings can access ownership in an established, credible neighbourhood where comparable data is abundant and valuation uncertainty is minimal—a meaningful advantage over premium residential alternatives where pricing is more opaque. Conservative investors seeking steady, low-volatility yields on capital rather than aggressive appreciation will find the 3 to 4% gross rental yield and stable tenant demand attractive relative to higher-risk investment categories, though lease decay must be factored into decision-making. Buyers seeking iconic status or premium positioning should look to newer developments or private residential alternatives, as 150 Bishan Street 11 positions itself deliberately within the practical, accessible, unpretentious band of the housing market.

What are the TDSR and financing headroom implications at typical price points for 150 Bishan Street 11?

Properties at 150 Bishan Street 11 priced around S$630,000 typically require gross household income of approximately S$80,000 to S$100,000 annually to comfortably satisfy the Total Debt Servicing Ratio (TDSR) threshold under current interest rate regimes and standard HDB loan terms, a metric that defines much of the development's accessible buyer base. Down payment requirements for cash purchases by Singapore Citizens typically require 20 to 25% of the purchase price, with the remainder eligible for HDB loan financing extending across 25-year terms at concessional rates, or private mortgage alternatives offered by commercial banks. TDSR calculations become tighter when buyers are servicing existing property loans or consumer debt alongside the new mortgage, meaning that investors with portfolios of multiple properties must model cumulative debt obligations carefully to confirm refinancing capacity or expansion headroom. First-time buyers with clean credit histories and stable employment can typically access financing with minimal friction at these price points, whilst upgraders with existing mortgage obligations should stress-test their debt servicing capacity before committing to purchase, as TDSR breaches can force rate negotiation or force buyers to reduce purchase price to remain within acceptable leverage bands.

How does 150 Bishan Street 11 compare to nearby competing HDB developments in terms of value proposition?

The Bishan precinct contains multiple mature HDB estates spanning different ages and configurations, creating a genuinely competitive marketplace where 150 Bishan Street 11 competes on maturity, location convenience, and transparent pricing rather than differentiated features or premium positioning. Adjacent developments offer similar 3-bedroom layouts and comparable price positioning, meaning buyers have plentiful alternatives and can evaluate value proposals across multiple blocks within the same neighbourhood—a dynamic that prevents pricing distortion and encourages realistic market-clearing. Private residential alternatives exist within greater Bishan but command substantial premiums for freehold tenure or newer construction, representing a fundamentally different property category rather than direct competition. The availability of multiple comparable HDB options within Bishan itself means that buyers can negotiate pricing more effectively and ensure they are not overpaying for any particular block—this competitive density supports pricing transparency and buyer confidence that headline prices reflect genuine market sentiment.

Are there particular unit stacks, floor levels, or configurations offering superior value at this development?

Properties at 150 Bishan Street 11 with mid-range floor positioning (typically floors 5 through 15) tend to offer optimal value-to-price ratios, as these units command modest premiums over lower floors without incurring the additional costs associated with higher-floor units, which attract positioning preferences and security advantages. Lower-floor units benefit from reduced waiting times for lifts and easier household logistics with children or elderly dependents, though some buyers discount these units due to perceptions about privacy or noise from surrounding activities—creating value opportunities for practical buyers unconcerned with prestige positioning. Corner units or end-of-block configurations sometimes offer slightly enhanced natural light and ventilation relative to mid-block units, characteristics that support modest pricing premiums but may not justify the additional cost relative to comparable mid-block alternatives. Buyers should prioritise unit orientation and sun exposure over floor level or positional novelty, as these functional characteristics directly impact day-to-day living satisfaction and contribute more meaningfully to value retention than positional prestige. Investors should focus on rental demand drivers—parking, lift accessibility, common area condition—rather than purchaser-preference characteristics, as tenants prioritise functionality over positioning.

What future supply pipeline exists in the Bishan district, and how might this affect 150 Bishan Street 11's long-term value?

The Bishan district contains essentially complete HDB estate fabric with minimal scope for new greenfield development—future housing supply growth in the precinct will occur through en-bloc collective sales of mature blocks, consolidation redevelopment of existing sites, or small-scale intensification rather than substantial new HDB expansion. This supply constraint provides quiet but meaningful support for long-term appreciation at 150 Bishan Street 11, as the replacement cost of new housing supply far exceeds the acquisition cost of resale units, reducing the risk of value dilution through excess new inventory competing for the same buyer cohort. The absence of significant new supply in the immediate neighbourhood means that appreciation at this development will track neighbourhood fundamentals and mature HDB market dynamics rather than facing headwinds from competing new stock—a favourable positioning that supports investor confidence in long-term value retention. Upgrading initiatives and precinct improvements will continue across Bishan, but these typically involve cosmetic enhancement and infrastructure renewal rather than transformative neighbourhood change, supporting gradual, predictable value evolution rather than dramatic revaluation driven by new development catalysts.

[For Sale] Hdb Flat At 150 Bishan Street 11 — From S$630K