BISHAN 8 Review

Condo Review 5 min read Last reviewed
District 20 · 99 yrs lease commencing from 1996 · Completed 2000
~$1,823Avg PSF (12-month)
200Total units
Category Ratings
Walkability
7.1
Investment
7.0
En-Bloc Potential
5.9
ShiokNest Score
6.7

Overview & Key Facts

BISHAN 8 is a 99 yrs lease commencing from 1996 condominium at BISHAN STREET 21 in District 20 (RCR), developed by BISHAN PROPERTIES PTE LTD (FAR EAST ORGANIZATION), comprising 200 units, completed in 2000.

Developer
BISHAN PROPERTIES PTE LTD (FAR EAST ORGANIZATION)
Tenure
99 yrs lease commencing from 1996
Total units
200
TOP year
2000
District
20 — RCR
Street
BISHAN STREET 21
Lease remaining
~69 years (of 99)

Location & Connectivity

BISHAN 8 is approximately 360m from Bishan MRT station, with 4 stations within 1.5 km.

MRT stations near BISHAN 8
StationLineDistance
BishanNorth-South Line360m
BishanCircle Line360m
MarymountCircle Line820m
BraddellNorth-South Line980m

Schools & Education

33 schools within 2 km (10 within 1 km priority zone).

Schools near BISHAN 8
SchoolTypeDistance
Chij St. Joseph's ConventSecondary370m
Catholic High School (Primary)Primary380m
Catholic High SchoolSecondary380m
Catholic Junior CollegeJc380m
Guangyang Secondary SchoolSecondary450m
CHIJ St. Nicholas Girls' School (Primary)Primary530m
St. Nicholas Girls' SchoolSecondary530m
Eunoia Junior CollegeJc540m

Unit Mix & Pricing

Unit mix for BISHAN 8
TypeSalesAvg PSFAvg Price
3 BR32$1,599 psf$1,824,094
4 BR4$1,305 psf$2,010,222

Market Position

BISHAN 8 has recorded 36 sales at an average price of $1,844,775.

BISHAN 8 sits at the 40th percentile of District 20 condo PSF.
$1,823 psf
Avg PSF (12mo)
$1,844,775
Avg Price
2.9%
Gross Yield
36
Total Sales

Price Appreciation

PSF trend for BISHAN 8
YearSalesAvg PSFYoY
20214$1,235 psf
20227$1,366 psf↑ 10.6%
20232$1,599 psf↑ 17.1%
202417$1,631 psf↑ 2.0%
20255$1,801 psf↑ 10.4%
20261$1,935 psf↑ 7.5%

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The latest reading marks the highest point in this series — BISHAN 8 prices have climbed 56.7% since 2021.

Price Index Check

The ShiokNest Price Index for District 20 reads 143.5 as of June 2026 — up 4.6% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 20 competitors
CondoTenureAvg PSFSales
AMO RESIDENCE99 yrs lease commencing from 2021$2,152 psf409
JADESCAPE99 yrs lease commencing from 2018$2,107 psf386
THE PANORAMA99 yrs lease commencing from 2013$1,845 psf222
SEMBAWANG HILLS ESTATEFreehold$1,951 psf176
SKY VUE99-year leasehold$1,973 psf171

Lease Analysis

With 69 years remaining on its 99-year lease, BISHAN 8 still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 69 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
  • With just 4 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

The profile fits families with young children, mrt-walkable commuters and long-term hold (10+ yr) best. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

en-bloc speculators should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for yield-focused investors and cpf-only buyers — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

BISHAN 8 is a 99 yrs lease commencing from 1996 development in District 20 (RCR), with 200 units, offering a gross yield of 2.9%.

At ~$1,823 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full BISHAN 8 dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing BISHAN 8 against staying public? These HDB towns sit within walking or short-drive distance:

  • Bishan — 4-room average $791,445 (150m away), an upgrader gap of about $1,050,000
  • Toa Payoh — 4-room average $929,793 (770m away), an upgrader gap of about $900,000
  • Ang Mo Kio — 4-room average $724,816 (1.5 km away), an upgrader gap of about $1,100,000

FAQ

What is the average PSF for BISHAN 8?
The 12-month average is approximately $1,823 psf.
Is BISHAN 8 freehold?
BISHAN 8 has a 99 yrs lease commencing from 1996 tenure with ~69 years remaining.
What is the rental yield for BISHAN 8?
The estimated gross yield is 2.9%.
Which MRT is nearest to BISHAN 8?
The nearest is Bishan MRT at 360m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 36 transactions
  • Rental data: 207 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of May 2026

Latest recorded data point: May 2026 · 36 records analysed · Source: URA private-sale caveats

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