Type

Units

Min Area

Price Range

3 BR

1023 sqft

S$1.2M

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$242K on this acquisition.
Located 15 min (1.22 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.

273B Bishan Street 24: A Established HDB Development in Singapore's Sought-After Bishan Precinct

273B Bishan Street 24 represents a well-positioned residential development in one of Singapore's most established and family-friendly constituencies. Situated in the heart of Bishan, this HDB project offers residents the advantages of a mature neighbourhood whilst maintaining strong connectivity to key employment centres and leisure destinations across the island. The development exemplifies the quality and reliability associated with HDB housing in prime Singapore locations, presenting a compelling option for owner-occupiers seeking stability and convenience.

The locality surrounding 273B Bishan Street 24 has evolved into a comprehensive residential ecosystem over decades, characterised by leafy streets, well-maintained community spaces, and a vibrant mix of commercial and recreational facilities. Bishan itself has become a benchmark neighbourhood for middle-income to upper-middle-income families, with a proven track record of capital appreciation and sustained rental demand. The maturity of the area ensures that essential services, healthcare facilities, and educational institutions are readily accessible within walking distance or a short commute.

Connectivity and Transportation Advantages

Proximity to NS17 Bishan MRT Station stands as a defining strength of this development's location. The station, situated approximately 1.22 kilometres away, offers seamless access to the North-South Line, connecting residents directly to the CBD, Marina Bay, and northern corridors in roughly 15 to 20 minutes depending on specific destinations. This connectivity profile appeals broadly to working professionals who prioritise commute efficiency, as well as retirees and families who value easy access to healthcare and shopping precincts served by the MRT network.

Beyond the MRT, the neighbourhood benefits from comprehensive bus coverage, with multiple routes serving the Bishan precinct. This layered transportation infrastructure reduces reliance on private vehicles and enhances the development's appeal to environmentally conscious residents. The accessibility profile also supports strong rental yield potential, as tenants consistently prioritise locations with efficient public transport links.

Unit Specifications and Living Space

The development comprises spacious units with configurations typically including 3-bedroom layouts across approximately 1,023 square feet of built-up area. This size range offers genuine living flexibility, accommodating growing families, home-office setups, and multi-generational households without feeling cramped. The square footage positions these units favourably within the HDB market, providing materially more internal space than starter flats whilst remaining substantially more affordable than private residential alternatives in comparable locations.

The internal layouts of units at 273B Bishan Street 24 reflect thoughtful design principles common to modern HDB housing, with distinct living zones, functional kitchens, and adequately proportioned bedrooms. Such spatial planning supports comfortable long-term occupation and contributes positively to the development's appeal both for primary residence purchasers and investment-minded buyers seeking rental appeal.

Pricing Dynamics and Market Position

Current pricing within the development begins from S$1.21 million for available units, positioning 273B Bishan Street 24 within the established pricing trajectory for Bishan HDB flats of comparable age and configuration. This valuation reflects the neighbourhood's mature status, strong transport connectivity, and proven track record in the secondary market. Bishan has demonstrated consistent price stability and measured appreciation over property cycles, underpinned by consistent demand from both owneroccupiers and investors.

Prospective buyers should consider that pricing variations within the development typically reflect floor level, unit orientation, and remaining lease duration. Higher floors often command premiums reflecting superior views and natural light, whilst units with preferred aspect or proximity to lift cores may trade at different valuations. Understanding these micro-market dynamics within the development enhances decision-making and ensures informed purchasing decisions.

Investment Thesis and Rental Potential

From an investment perspective, 273B Bishan Street 24 presents a stable acquisition for buyers seeking recurring rental income combined with capital preservation. Bishan's demographic profile—predominantly young professionals, upgrading families, and expatriates—generates consistent tenant demand across all unit types. Rental yields in this locality typically range between 3 and 4.5 per annum, depending on unit configuration, floor level, and prevailing market conditions.

The rental appeal is substantially reinforced by the neighbourhood's comprehensive amenities ecosystem, including shopping centres, food courts, sports facilities, and schools. Tenants prioritise such infrastructure, and Bishan's maturity as a residential district ensures that the competitive rental landscape remains robust across market cycles. For buyers contemplating investment rather than owner-occupation, the development's location delivers dependable income generation alongside moderate capital appreciation expectations consistent with HDB market fundamentals.

Neighbourhood Amenities and Community Living

The Bishan precinct offers residents an exceptional range of amenities within close proximity. Shopping options include established malls and neighbourhood shopping centres, with diverse dining and retail offerings reflecting the area's cosmopolitan character. Healthcare facilities, including polyclinics and private clinics, serve the local population, whilst multiple primary and secondary schools operate within the neighbourhood, catering to families with children at all educational stages.

Recreational infrastructure comprises sports complexes, swimming pools, and well-maintained parks, supporting active lifestyles for residents of all ages. The neighbourhood's strong sense of community is reinforced by regular cultural events, community centres, and religious institutions catering to Bishan's diverse demographic composition. Such infrastructure quality substantially supports both quality of life for owner-occupiers and rental appeal for investment properties.

Considerations for Different Buyer Profiles

First-time homebuyers benefit from 273B Bishan Street 24's combination of affordability relative to private housing, established neighbourhood credentials, and strong MRT connectivity. The development's maturity minimises uncertainties around future infrastructure or neighbourhood character shifts, providing comfort for buyers making their initial property commitment.

Upgraders transitioning from smaller HDB units or older buildings find the unit sizes and neighbourhood amenities genuinely appealing, representing meaningful improvements in living standards without the premium pricing associated with private residential alternatives. Investors, meanwhile, appreciate the reliable rental dynamics, proven market liquidity, and modest capital outlay required compared to acquisition in central or newly developed locations.

Financing and Affordability Considerations

The development's pricing profile typically results in more accessible financing for most buyer demographics compared to private residential alternatives. For Singaporean citizens, HDB loan schemes offer competitive mortgage products with tenures extending to retirement, substantially improving affordability metrics. Most purchasers at this price point remain well within Debt-to-Service Ratio (TDSR) boundaries even at conservative loan-to-value assumptions, enabling meaningful financial headroom for household contingencies.

Second property buyers should account for Additional Buyer's Stamp Duty (ABSD) at 20% on top of standard purchase costs, meaningfully increasing total acquisition expenditure. Whilst this consideration reduces absolute net returns for investment purchasers, the development's rental yield profile and market liquidity often justify the additional tax burden across medium-term holding periods.

Market Context and Future Outlook

Bishan's position as an established, mature residential district provides comfort regarding future neighbourhood stability and demand sustainability. Infrastructure in the area is fully developed, with no major disruptive projects anticipated that might negatively impact quality of life or investment dynamics. The MRT network serving Bishan is unlikely to experience significant expansion, but the existing connectivity remains a lasting asset that will continue driving demand.

Supply dynamics in Bishan reflect a stable mature HDB estate with limited new construction, supporting price stability and rental demand. This supply constraint contrasts favourably with rapidly expanding peripheral districts where oversupply risks can compress pricing or yield generation. For buyers seeking low-uncertainty investments within a proven neighbourhood ecosystem, 273B Bishan Street 24 delivers compelling fundamentals aligned with long-term Singaporean residential property investment principles.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a unit at 273B Bishan Street 24?

Units within the development typically generate rental yields between 3 and 4.5 per annum, depending on unit configuration, floor level, and prevailing market conditions. This yield profile reflects Bishan's established demographic of young professionals, upgrading families, and expatriates who generate consistent tenant demand across all unit types. The neighbourhood's comprehensive amenities—including shopping centres, dining options, schools, and healthcare facilities—substantially reinforce tenant appeal, supporting dependable income generation for investor-purchasers. When calculating expected returns, investors should account for property tax, maintenance fees, and contingency costs, which typically reduce gross rental income by approximately 10 to 15 per annum.

How does the price per square foot at 273B Bishan Street 24 compare to recent HDB transactions in the Bishan area?

The development's pricing from S$1.21 million across approximately 1,023 square feet translates to a price per square foot of roughly S$1,180 to S$1,200, positioning it competitively within recent Bishan secondary market transactions. This valuation reflects the neighbourhood's mature status, proximity to MRT infrastructure, and proven track record of capital appreciation. Recent comparable transactions for 3-bedroom HDB units in Bishan have shown similar price-per-square-foot metrics, indicating fair market pricing rather than speculative premiums. Variation occurs based on floor level, orientation, and remaining lease duration, with higher floors and units closer to lift cores sometimes commanding 5 to 8 per higher prices per square foot.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing a second property at 273B Bishan Street 24?

Singapore Citizens purchasing their second residential property at this development must account for Additional Buyer's Stamp Duty (ABSD) levied at 20% on top of the purchase price. For a unit priced at S$1.21 million, this represents an additional S$242,000 in ABSD liability, substantially increasing total acquisition costs. This 20% rate applies specifically to second residential properties purchased by Singapore Citizens and constitutes a material consideration for investment-focused purchasers evaluating return-on-investment metrics. When financing this property, the ABSD must typically be paid upfront at completion, reducing net capital availability and requiring purchasers to plan financing strategies carefully. Over medium-term holding periods (7 to 10 years), the development's rental yields and price appreciation often justify the ABSD burden, but buyers must confirm sufficient liquidity to accommodate this expense.

How does proximity to NS17 Bishan MRT Station influence long-term capital appreciation and rental demand at this development?

The proximity to NS17 Bishan MRT Station—situated approximately 1.22 kilometres distant—constitutes a material asset supporting both capital appreciation and rental demand for units within the development. MRT connectivity consistently ranks among the highest-weighted criteria for tenant selection and buyer decision-making, and Bishan's North-South Line positioning provides rapid access to the CBD, Marina Bay, and northern employment corridors. This infrastructure advantage insulates the development against long-term neighbourhood decline and positions it favourably relative to peripheral locations lacking equivalent connectivity. Historically, HDB developments within 1.5 kilometres of major MRT stations have demonstrated more resilient price appreciation and rental yield stability across property cycles compared to less-connected alternatives, reflecting sustained demand from commuting professionals and families prioritising transport efficiency.

Is 273B Bishan Street 24 suitable for first-time homebuyers, and what advantages does it offer compared to alternatives?

The development represents an excellent option for first-time homebuyers seeking to enter Singapore's property market with manageable financial commitment and established neighbourhood credentials. The price point remains substantially more accessible than private residential alternatives in equivalent locations, whilst the 3-bedroom configurations offer genuine living space for growing families or multi-generational households. The neighbourhood's maturity minimises uncertainties around future infrastructure disruption or character shifts, providing psychological comfort for first-time purchasers making significant financial commitments. Additionally, HDB financing schemes offer competitive mortgage products with extended tenures, substantially improving affordability compared to private housing financing. The combination of stable pricing, proven market liquidity, and comprehensive neighbourhood amenities makes this development a prudent choice for buyers establishing their initial property foothold.

What Debt-to-Service Ratio (TDSR) headroom typically exists for buyers financing units at this development's price point?

For a unit priced at S$1.21 million financed at typical 80 to 90 per loan-to-value ratios with 25 to 30-year tenures, monthly mortgage servicing costs typically range between S$4,500 and S$5,500 depending on prevailing interest rates and loan quantum. Most purchasers with median household incomes in Bishan's demographic profile remain well within the TDSR ceiling of 60 per gross monthly income, typically consuming only 35 to 45 per household income for housing debt service. This headroom provides meaningful financial flexibility for household contingencies and supports refinancing options should interest rates shift during the ownership period. Buyers should conservatively model servicing at elevated interest rate scenarios (3.5 to 4 per annum) when assessing affordability, ensuring comfortable debt service capacity across economic cycles.

How does 273B Bishan Street 24 compare to competing HDB developments in the Bishan vicinity?

The development competes primarily against other established HDB estates within Bishan, including adjacent blocks and recently resale units across the wider precinct. Comparable developments in the area typically command similar pricing metrics, with variations reflecting specific unit configurations, floor levels, and remaining lease durations rather than fundamental neighbourhood differences. 273B Bishan Street 24's specific advantage lies in its location relative to NS17 Bishan MRT Station—proximity that remains consistent across Bishan's competing HDB supply, as the station services the entire neighbourhood. Differentiation occurs at the unit level through internal layout efficiency, renovation quality, and floor orientation rather than at the development scale. Prospective buyers evaluating competing alternatives should focus on comparable unit specifications, floor levels, and lease-decay implications rather than expecting material price divergence across the Bishan precinct.

Which unit stacks or floor levels within 273B Bishan Street 24 typically represent superior value for long-term ownership?

Mid-to-upper floor units (typically levels 8 to 18) in the development offer superior value for owner-occupiers prioritising natural light, view preservation, and reduced ambient noise from street-level activity. These floor levels command 5 to 8 per premiums relative to lower floors but deliver materially improved living quality throughout long ownership tenures. For investors focused on rental yield rather than owner-occupancy experience, mid-level units (levels 5 to 12) often represent optimal value, balancing tenant appeal through reasonable elevation against cost premiums. Units proximate to lift cores typically command discounts of 3 to 5 per despite equivalent floor levels, reflecting minor inconvenience and noise considerations that accumulate across decades of ownership. Ground and first-floor units may offer accessibility advantages for elderly residents or households with mobility considerations, justifying their marginal valuation despite reduced privacy and natural light relative to higher floors.

What future supply pipeline exists for HDB developments in the Bishan district, and how might this affect long-term values at 273B Bishan Street 24?

Bishan's future HDB supply pipeline remains constrained relative to peripheral districts, with limited new construction anticipated given the neighbourhood's mature, fully-developed status. The Housing and Development Board has indicated that major expansion areas are concentrated in newer growth zones such as Sengkang, Punggol, and Yishun rather than infill development within established estates like Bishan. This supply constraint positions existing developments favourably, as competing new-unit supply from HDB does not threaten pricing or rental demand within the Bishan locality. However, some pipeline risk exists from private residential developments in adjacent areas, which might capture upgraded buyer demand at the development's price point. Nevertheless, private alternatives typically command 20 to 30 per premiums relative to HDB for equivalent specifications, limiting direct competition at the development's price point. The constrained supply outlook supports long-term price stability and protects against oversupply-driven depreciation.

How does the lease tenure at 273B Bishan Street 24 affect long-term resale value and financing capacity as the property ages?

Like all HDB properties, units at 273B Bishan Street 24 feature either 99-year or 999-year lease tenures depending on the original sale vintage, with remaining lease duration materially affecting resale value and financing capacity as properties age. A property with 85 years remaining on a 99-year lease remains ordinarily financeable by HDB loan schemes, but valuations begin declining more steeply as lease decay approaches 80-year thresholds. Buyers should confirm the specific remaining lease tenure at purchase, as this parameter directly influences long-term value retention and future refinancing options. Properties with longer lease durations (999-year leases) avoid lease-decay depreciation concerns entirely, supporting superior long-term value preservation. For older HDB estates like Bishan, lease decay represents a material long-term consideration for investors planning hold periods extending beyond 15 to 20 years; owner-occupiers with shorter anticipated tenure may find the concern less material to immediate purchasing decisions.

[For Sale] Hdb Flat At 273B Bishan Street 24 — From S$1.2M