Type

Units

Min Area

Price Range

3 BR

1120 sqft

S$4,200/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$4,200.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$840 on this acquisition.
Located 5 min (420 m) from CR12 Teck Ghee MRT Station (U/C).

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.

256 Bishan Street 22: A Strategic HDB Investment in North-East Singapore

Situated in the heart of Bishan, one of Singapore's most sought-after residential districts, 256 Bishan Street 22 offers a compelling blend of established community infrastructure, accessibility, and value proposition. This HDB development presents opportunities for both owneroccupiers seeking their family home and investors evaluating medium to long-term capital growth within a mature, well-serviced neighbourhood.

The development's location on Bishan Street 22 places it firmly in a pocket of Singapore renowned for its balanced mix of residential tranquillity and urban convenience. Residents benefit from proximity to essential amenities, including schools, retail centres, healthcare facilities, and dining options that reflect the established character of the Bishan precinct. The neighbourhood has demonstrated consistent appeal across buyer demographics, underpinned by its reputation as a place where families have grown over decades.

Transport Connectivity and Future MRT Access

One of the most significant advantages of 256 Bishan Street 22 is its proximity to Teck Ghee MRT Station on the Circle Line (CR12), situated approximately five minutes' walk away at a distance of around 420 metres. Although the station is currently under construction, its imminent completion will fundamentally enhance the development's transport credentials. The Circle Line represents a major network expansion designed to improve intra-island connectivity, and upon opening, this station will provide residents with seamless access to central business districts, shopping hubs, and other key nodes across Singapore's expanded rail network.

For current and future residents, the forthcoming MRT connectivity will likely serve as a significant catalyst for capital appreciation. Developments within close proximity to new or newly opened MRT stations have historically experienced stronger demand and value growth, as the reduction in travel time and improvement in convenience attract both upgraders and investors. The Teck Ghee station's opening will position 256 Bishan Street 22 as an even more attractive proposition to commuters and those seeking a well-connected home base.

Unit Mix and Flexible Living Spaces

The development comprises a range of unit configurations, with three-bedroom layouts representing a substantial portion of the offering. Three-bedroom units have long been the backbone of HDB demand in Singapore, appealing equally to young families seeking their first public housing purchase and to investors targeting rental tenants who value space and flexibility. The typical floor area of such units in this development—around 1,120 square feet—provides comfortable proportions for modern family living, with dedicated spaces for work, study, and recreation that reflect contemporary lifestyle expectations.

The availability of different unit stacks and floor levels across the development allows purchasers to select configurations best suited to their specific needs and investment objectives. Ground-floor and mid-level units may appeal to those with mobility considerations or preferences for easier access, while higher storeys often command slight premiums due to reduced noise and enhanced views. This internal diversity strengthens the development's appeal across a broad buyer base and supports both liquidity and rental potential in the secondary market.

Investment and Rental Yield Considerations

For investors evaluating 256 Bishan Street 22 as part of a property portfolio, the development's maturity, established amenities, and forthcoming MRT access create a stable platform for yield generation. Three-bedroom HDB flats in established North-East locations typically attract strong rental demand from families, young couples, and co-living arrangements seeking affordable, well-connected accommodation. Current market rental ranges for comparable units in the Bishan area suggest gross rental yields in the region of four to five percent annually, dependent on specific floor level, unit configuration, and market conditions at the point of acquisition.

Purchasers intending to let out their units should note that HDB regulations permit leasing, though there are minimum occupancy periods and procedural requirements to observe. The rental market in Bishan remains robust, supported by the neighbourhood's established schools, transport links, and family-oriented character. As the Circle Line's opening approaches and becomes operationalised, the relative convenience for tenants commuting to disparate locations across the island is likely to strengthen rental demand further.

Pricing and Buyer Profiles

The development is positioned at a price point that reflects its maturity, location quality, and Bishan's enduring appeal as a residential destination. Units are available from competitive levels, making the development accessible to first-time HDB buyers, upgraders transitioning from smaller units or less central locations, and investors seeking diversified property holdings. First-time buyers will find 256 Bishan Street 22 particularly attractive, as the mature estate offers the security of an established community and proven capital appreciation trajectory, alongside lower perceived risk than emerging developments in outlying zones.

Upgraders moving from one-bedroom or two-bedroom units will appreciate the space and flexibility afforded by three-bedroom configurations, whilst maintaining familiarity with the HDB framework and avoiding the complexity of private property ownership. For investors, the combination of established rental demand, proximity to a soon-to-open MRT station, and consistent capital appreciation within the Bishan locale makes the development a defensible long-term holding.

Financing, ABSD, and Buyer Considerations

Purchasers acquiring a unit at 256 Bishan Street 22 as their first residential property will qualify for standard HDB financing without Additional Buyer's Stamp Duty (ABSD) implications. However, for Singapore Citizens buying a second or subsequent residential property, ABSD of 20% applies to the purchase price, a substantial consideration that must be factored into investment appraisals. Second-property investors should model this cost carefully, as it directly impacts effective purchase price and the timeline required to recover this outlay through rental income or capital appreciation.

From a financing perspective, most mainstream banks offer competitive HDB loan packages covering up to 80% of the property value or purchase price (whichever is lower) for owner-occupiers and up to 75% for investors, subject to satisfactory credit assessment. Total Debt Servicing Ratio (TDSR) limits of 60% mean that borrowers must demonstrate sufficient income to service the mortgage alongside other outstanding obligations. For a three-bedroom unit in this development, typical monthly mortgage servicing costs for owner-occupiers will generally fall within manageable headroom for households earning the median household income or above in Singapore.

Lease Tenure and Long-Term Value Retention

All HDB flats, including those at 256 Bishan Street 22, are held on a 99-year leasehold tenure from the date of first sale. This is a material factor for long-term investment planning, as lease decay—the gradual reduction in property value as the unexpired lease shortens—becomes more pronounced once a lease falls below 60 years remaining. At the point of purchase, a new unit carries a full 99-year lease, providing decades of useful investment horizon and owner-occupation. However, purchasers should be aware that resale values will incrementally adjust downward as the lease expires, particularly as the property approaches the 60-year and 30-year marks.

The HDB has introduced lease extension and conversion schemes to address this, allowing eligible leaseholders to extend their leases or, in some cases, convert to prime locations. Prospective buyers should familiarise themselves with the current eligibility criteria and timeline for such schemes, as these represent potential mitigations to lease decay risk. For medium-term investors with a holding period of 10 to 20 years, lease decay remains a manageable concern, but it is a consideration that distinguishes HDB from freehold private properties and should inform investment objectives and exit planning.

Neighbourhood Infrastructure and Community Amenities

Bishan has evolved into one of Singapore's most comprehensively serviced residential zones, with Bishan Park, multiple shopping centres, hawker complexes, and schools creating a rich living environment. 256 Bishan Street 22 residents will benefit from this established ecosystem, reducing the need to travel far for daily necessities and leisure activities. The neighbourhood's maturity also means that future capital appreciation, whilst steady, is likely to be more moderate than that of emerging districts with new MRT links or significant redevelopment pipelines. However, this trade-off is offset by the stability, predictability, and lower perceived downside risk that characterise established, well-serviced locations.

The development's positioning within Bishan also means that residents have access to a diverse range of schools, from primary through tertiary levels, an important consideration for families with children or those planning to raise families in the medium term. Healthcare facilities, including Bishan Park Medical Centre, are nearby, and the neighbourhood is well-served by both private and public transport options beyond the forthcoming MRT station.

District Supply Pipeline and Market Outlook

The North-East Region, encompassing Bishan, Ang Mo Kio, Punggol, and surrounding precincts, remains a focus for long-term housing supply expansion. New Build-To-Order (BTO) launches and rejuvenation projects continue in the broader region, though Bishan itself is now a mature estate with limited new greenfield development. This relative scarcity of new supply in Bishan's core area supports long-term capital stability and reduces the risk of significant new-supply-driven depreciation. The opening of the Circle Line's Teck Ghee station will further amplify the appeal of existing Bishan properties by enhancing their accessibility relative to emerging developments in more distant locations.

Prospective buyers should monitor broader HDB supply announcements and private property market dynamics in neighbouring mature estates such as Ang Mo Kio and Serangoon, as these can provide insights into capital appreciation trajectories and rental demand trends. However, the fundamental appeal of Bishan—its maturity, established infrastructure, and quality of life—suggests that 256 Bishan Street 22 will continue to attract owner-occupiers and investors seeking a stable, well-serviced residential base within the North-East Corridor.

Comparative Market Position

Within the Bishan locale, 256 Bishan Street 22 competes with other HDB developments and private condominiums offering similar accessibility and neighbourhood benefits. Recent resale transactions for comparable three-bedroom HDB units in Bishan have generally transacted at price points consistent with the current offering, with variations reflecting specific floor levels, unit orientation, and market timing. The development's proximity to a soon-to-open MRT station provides a distinct advantage over other Bishan properties that lack such immediate connectivity, a factor likely to be reflected in pricing and investor sentiment as the Circle Line's opening approaches.

For those weighing HDB against private property alternatives, 256 Bishan Street 22 offers a significantly more affordable entry point, lower ongoing maintenance costs, and a simpler legal and financing framework compared to private condominiums in comparable locations. This makes the development particularly suitable for first-time buyers, upgraders managing budgets, and investors seeking lower entry barriers into Bishan's proven market.

Conclusion

256 Bishan Street 22 represents a solid investment opportunity and family home within one of Singapore's most established and well-served residential neighbourhoods. The forthcoming Circle Line connectivity, mature estate infrastructure, and demonstrated appeal of the Bishan location combine to create a stable platform for both capital retention and appreciation. Whether as a first home, an upgrade, or an investment addition, the development warrants consideration by buyers seeking a balance of affordability, lifestyle quality, and long-term value growth within Singapore's North-East Corridor.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 256 Bishan Street 22 as an investment?

Three-bedroom HDB units in established Bishan locations typically command gross rental yields in the region of four to five percent per annum, depending on specific floor level, unit orientation, and market conditions at the time of acquisition. The mature estate benefits from strong rental demand driven by families and co-living arrangements attracted to the neighbourhood's schools, established amenities, and transport accessibility. Upon completion of the Circle Line's Teck Ghee station (currently under construction), proximate properties are likely to experience heightened rental desirability, as commuters gain quicker access to disparate locations across Singapore's expanded rail network. Investors should model net yield after accounting for property tax, maintenance contributions, and any periods of vacancy, and should factor in the 20% ABSD payable on second-property acquisitions when evaluating total return.

How does the current pricing of 256 Bishan Street 22 compare to recent three-bedroom HDB resales in the Bishan area?

Recent resale transactions for comparable three-bedroom HDB flats in Bishan have generally clustered around price points consistent with the current offering at 256 Bishan Street 22, with variations reflecting specific floor levels, unit orientation, and building age. The development's proximity to the forthcoming Teck Ghee MRT station (currently under construction, approximately 420 metres away) provides a distinct market advantage, as HDB properties within walking distance of newly opened MRT stations historically command premiums reflecting improved commute times and long-term demand stability. Prospective purchasers should review the specific price per square foot against comparable floor plans and floor levels to determine value relative to other available options in the district. The mature estate status of Bishan, combined with limited new greenfield supply in the core area, supports stable pricing and reduces the risk of new-supply-driven depreciation that can affect emerging or outlying estates.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I am purchasing this as a second residential property?

Singapore Citizens purchasing a second residential property, whether HDB or private, are liable for Additional Buyer's Stamp Duty of 20% on the purchase price. For an investment acquisition at 256 Bishan Street 22, this duty must be calculated and funded at the point of purchase, materially increasing the effective cost base of the investment. For example, on a purchase price of S$450,000, ABSD would total S$90,000, raising total cash outlay at completion to S$540,000 inclusive of the standard Buyer's Stamp Duty and other completion costs. This is a critical factor for investor appraisals, as the 20% ABSD directly impacts cash flow requirements and extends the payback timeline relative to rental income generation. Owner-occupiers acquiring their first residential property are exempt from ABSD, making the development particularly attractive for first-time HDB buyers seeking to avoid this substantial additional cost.

How does the 99-year HDB lease tenure affect long-term resale value and investment viability?

All HDB flats, including 256 Bishan Street 22, are held on a 99-year leasehold tenure from the date of first sale. Lease decay—the gradual reduction in property value as the unexpired lease shortens—becomes a material factor once a lease falls below 60 years remaining, and accelerates markedly below 30 years. At purchase, new units carry a full 99-year lease, providing decades of investment horizon with minimal lease decay impact for typical 10 to 20-year holding periods. However, purchasers planning multi-decade holdings or intending to pass properties to heirs should be aware that resale values will face downward pressure in later decades unless lease extension or conversion schemes become available and accessible. The HDB has introduced lease extension options and conversion schemes to mitigate this risk for eligible leaseholders, and prospective buyers should familiarise themselves with current eligibility criteria. For medium-term investors and owner-occupiers, the 99-year tenure represents a manageable consideration, but it is a material distinction from freehold private properties and should inform long-term planning and investment objectives.

How will the nearby Teck Ghee MRT Station (currently under construction) affect demand and capital appreciation for 256 Bishan Street 22?

The forthcoming Teck Ghee MRT Station on the Circle Line (CR12), situated approximately five minutes' walk (420 metres) from the development, represents a significant catalyst for long-term demand and capital growth. Historically, HDB and private properties within walking distance of newly opened MRT stations experience meaningful uplift in valuation, as improved connectivity enhances commute convenience and broadens the property's appeal across a wider geographic catchment of potential buyers and tenants. Upon completion, the Circle Line will provide residents with seamless access to key nodes across Singapore's expanded rail network, materially reducing travel times to central business districts, shopping hubs, and other major employment and leisure destinations. The station's opening will likely reposition 256 Bishan Street 22 as an increasingly attractive offering for upgraders and investors prioritising convenience, particularly those commuting to locations that benefit significantly from Circle Line connectivity. Rental demand is also expected to strengthen, as prospective tenants—including families and co-living arrangements—will value the enhanced accessibility for work and leisure travel, supporting both capital appreciation and yield for investors.

Is 256 Bishan Street 22 suitable for first-time HDB buyers, upgraders, and investors, and what are the key considerations for each profile?

First-time HDB buyers will find 256 Bishan Street 22 particularly attractive, as the mature Bishan estate offers the security of an established community with proven capital appreciation, lower perceived risk than emerging developments in outlying zones, and exemption from the 20% ABSD payable on second-property acquisitions. The development's proximity to schools, healthcare, and the forthcoming Teck Ghee MRT station aligns well with family-oriented buyers seeking a stable long-term home. Upgraders moving from smaller one-bedroom or two-bedroom units will appreciate the three-bedroom configurations offering increased space and flexibility, whilst remaining within the familiar HDB framework and avoiding the complexity of private property ownership and higher transaction costs. Investors seeking portfolio diversification will benefit from the stable rental demand in Bishan's established market, the modest entry price point relative to private alternatives, and the anticipated MRT connectivity uplift, though they must carefully model the 20% ABSD cost and expected yield against competing investment opportunities. Each profile faces different priorities—first-timers value stability and affordability, upgraders seek space and quality of life, and investors require acceptable yield and capital appreciation potential—and 256 Bishan Street 22 addresses all three with varying degrees of strength depending on individual objectives and timelines.

What financing options and TDSR considerations apply to buyers at typical price points for 256 Bishan Street 22?

Most mainstream banks offer competitive HDB loan packages covering up to 80% of property value or purchase price (whichever is lower) for owner-occupiers and up to 75% for investors, subject to satisfactory credit assessment and property valuation. Total Debt Servicing Ratio (TDSR) limits of 60% mean that borrowers must demonstrate sufficient income to service the HDB mortgage alongside all other outstanding obligations (credit cards, car loans, personal loans, etc.), ensuring they do not exceed 60% of monthly gross income in total debt servicing. For a typical three-bedroom unit at 256 Bishan Street 22 at current price points, monthly mortgage servicing for owner-occupiers will generally fall within manageable headroom for households earning the median Singapore household income or above, particularly if the property is owner-occupied for at least five years. Investors should note that banks may apply slightly stricter lending criteria, potentially requiring larger downpayments or accepting lower loan-to-value ratios, and rental income from the property itself does not typically offset TDSR calculations, meaning investors must demonstrate adequate personal income to service the full mortgage. First-time buyers and upgraders should engage with their bank early to confirm financing headroom and avoid committing to a purchase that may exceed their borrowing capacity.

How does 256 Bishan Street 22 compare to competing HDB and private developments in the Bishan and neighbouring precincts?

Within Bishan itself, 256 Bishan Street 22 competes with other mature HDB developments and a limited supply of newer private condominiums. Compared to other HDB options in the same neighbourhood, the development's proximity to the forthcoming Teck Ghee MRT station provides a distinct advantage, positioning it favourably for both capital appreciation and rental demand relative to properties lacking such immediate connectivity. Against private alternatives in comparable Bishan or nearby Ang Mo Kio locations, 256 Bishan Street 22 offers significantly lower entry pricing, reduced ongoing maintenance and sinking fund costs, and a simpler legal and financing framework, making it substantially more accessible to first-time buyers and cost-conscious upgraders. Compared to emerging or newer HDB developments in more distant precincts, Bishan's established infrastructure, quality of life, and school density command a premium, though capital appreciation may be more moderate than high-growth emerging locations. Investors evaluating competitive investment returns should compare expected yields and capital appreciation trajectories against other mature HDB estates such as Serangoon or Clementi, where rental markets are similarly well-established but may lack equivalent near-term MRT connectivity catalysts.

Which unit stack or floor level offers the best value at 256 Bishan Street 22, and what factors should I consider?

Value and suitability at 256 Bishan Street 22 depend on individual preferences and investment objectives, with no single 'best' floor level universally applicable. Ground and low-level units (floors one to three) typically transact at modest discounts relative to mid-range floors, appealing to buyers prioritising ease of access, families with young children, or those with mobility considerations; however, they may experience higher noise exposure from neighbourhood activity and offer limited views. Mid-level units (floors four to 15) generally command pricing premiums and are favoured by investors and owner-occupiers seeking a balance of reduced noise, enhanced views, and commute convenience without paying the premium associated with upper-floor units. Higher-floor units (15 and above) typically attract maximum pricing premiums due to superior views, reduced noise, and enhanced natural light, appealing to affluent owner-occupiers; however, for investment purposes, the rental uplift from higher floors may not justify the higher purchase price, reducing investment yield. When evaluating specific units, prospective buyers should consider the unit's orientation (north-facing units in Singapore tend to receive direct afternoon heat, whilst south-facing units offer more stable conditions), proximity to lifts and void decks, distance to the future Teck Ghee MRT station, and potential future development or infrastructure projects in the surrounding area that might impact amenity or views. Investors should prioritise mid-range floors offering acceptable pricing-to-yield ratios, whilst owner-occupiers can prioritise personal preference and lifestyle considerations.

What is the future supply pipeline in the North-East Region, and could new developments affect the long-term capital appreciation of 256 Bishan Street 22?

The North-East Region, encompassing Bishan, Ang Mo Kio, Punggol, and surrounding precincts, remains a strategic focus for long-term HDB supply expansion, with new Build-To-Order (BTO) launches and estate rejuvenation projects continuing across the broader region. However, Bishan itself is now a mature estate with very limited new greenfield development capacity, reducing the risk of significant new-supply-driven depreciation that can characterise developments in outlying or newly opening areas. The opening of the Circle Line's Teck Ghee station will further amplify the relative appeal of existing Bishan properties by enhancing their accessibility compared to emerging developments in more distant locations, whilst the scarcity of new supply in Bishan's core area supports long-term capital stability. Prospective buyers should monitor HDB supply announcements, particularly any planned rejuvenation schemes affecting Bishan or nearby estates, and track private property dynamics in comparable mature precincts such as Serangoon and Clementi, as these provide insights into capital appreciation trajectories. The combination of Bishan's maturity, limited new supply, established amenities, and imminent MRT connectivity suggests that 256 Bishan Street 22 is well-positioned to retain value and achieve moderate to steady capital growth over medium-term holding periods, though buyers should not expect the dramatic appreciation sometimes seen in emerging or rapidly developing precincts with multiple new supply waves.

[For Rent] Hdb Flat At 256 Bishan Street 22 — From S$4,200