BISHAN PARK CONDOMINIUM Review

Condo Review 5 min read Last reviewed
District 20 · 99 yrs lease commencing from 1991 · Completed 1994
~$1,410Avg PSF (12-month)
320Total units
Category Ratings
Walkability
5.5
Investment
6.4
En-Bloc Potential
6.2
ShiokNest Score
6.8

Overview & Key Facts

BISHAN PARK CONDOMINIUM is a 99 yrs lease commencing from 1991 condominium at SIN MING WALK in District 20 (RCR), developed by SHANWOOD DEVELOPMENT PTE LTD (HONG LEONG HOLDINGS LTD), comprising 320 units, completed in 1994.

Developer
SHANWOOD DEVELOPMENT PTE LTD (HONG LEONG HOLDINGS LTD)
Tenure
99 yrs lease commencing from 1991
Total units
320
TOP year
1994
District
20 — RCR
Street
SIN MING WALK
Lease remaining
~64 years (of 99)

Location & Connectivity

BISHAN PARK CONDOMINIUM is approximately 330m from Bright Hill MRT station, with 3 stations within 1.5 km.

MRT stations near BISHAN PARK CONDOMINIUM
StationLineDistance
Bright HillThomson-East Coast Line330m
MayflowerThomson-East Coast Line900m
Upper ThomsonThomson-East Coast Line1.4 km

Schools & Education

14 schools within 2 km (2 within 1 km priority zone).

Schools near BISHAN PARK CONDOMINIUM
SchoolTypeDistance
Peirce Secondary SchoolSecondary660m
Jing Shan Primary SchoolPrimary710m
Mayflower Primary SchoolPrimary1.1 km
Ang Mo Kio Secondary SchoolSecondary1.1 km
Ang Mo Kio Primary SchoolPrimary1.2 km
EtonHouse International School (Thomson)International1.5 km
Yio Chu Kang Primary SchoolPrimary1.6 km
Yio Chu Kang Secondary SchoolSecondary1.6 km

Unit Mix & Pricing

Unit mix for BISHAN PARK CONDOMINIUM
TypeSalesAvg PSFAvg Price
3 BR32$1,337 psf$1,746,633
4 BR26$1,323 psf$1,997,811

Market Position

BISHAN PARK CONDOMINIUM has recorded 58 sales at an average price of $1,859,230.

BISHAN PARK CONDOMINIUM sits at the 19th percentile of District 20 condo PSF.
$1,410 psf
Avg PSF (12mo)
$1,859,230
Avg Price
2.6%
Gross Yield
58
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at BISHAN PARK CONDOMINIUM typically rent harder per dollar of purchase price:

Per-bedroom gross yield at BISHAN PARK CONDOMINIUM
TypeAvg RentAvg PriceGross Yield
3 BR$4,033/mo$1,746,6332.77%
4 BR$4,145/mo$1,997,8112.49%

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Price Appreciation

PSF trend for BISHAN PARK CONDOMINIUM
YearSalesAvg PSFYoY
20213$1,092 psf
20224$1,143 psf↑ 4.7%
202316$1,293 psf↑ 13.2%
202419$1,373 psf↑ 6.1%
202513$1,404 psf↑ 2.3%
20263$1,433 psf↑ 2.0%

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The latest reading marks the highest point in this series — BISHAN PARK CONDOMINIUM prices have climbed 31.2% 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 64 years remaining on its 99-year lease, BISHAN PARK CONDOMINIUM still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 64 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
  • With just 7 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • At 32+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

This is a strong match for families with young children, mrt-walkable commuters, nature / park-fronting and long-term hold (10+ yr). Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

For sports / active lifestyle and yield-focused investors, it can work — but weigh the trade-offs before committing.


Verdict

BISHAN PARK CONDOMINIUM is a 99 yrs lease commencing from 1991 development in District 20 (RCR), with 320 units, offering a gross yield of 2.6%.

At ~$1,410 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full BISHAN PARK CONDOMINIUM dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Ang Mo Kio — 4-room average $724,816 (270m away), an upgrader gap of about $1,150,000
  • Bishan — 4-room average $791,445 (370m away), an upgrader gap of about $1,050,000

FAQ

What is the average PSF for BISHAN PARK CONDOMINIUM?
The 12-month average is approximately $1,410 psf.
Is BISHAN PARK CONDOMINIUM freehold?
BISHAN PARK CONDOMINIUM has a 99 yrs lease commencing from 1991 tenure with ~64 years remaining.
What is the rental yield for BISHAN PARK CONDOMINIUM?
The estimated gross yield is 2.6%.
Which MRT is nearest to BISHAN PARK CONDOMINIUM?
The nearest is Bright Hill MRT at 330m.

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: 58 transactions
  • Rental data: 134 leases
  • Source: URA REALIS

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 58 records analysed · Source: URA private-sale caveats

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