BISHOPSGATE RESIDENCES Review

Condo Review 4 min read Last reviewed
District 10 · Freehold · Completed 2012
~$3,170Avg PSF (12-month)
31Total units
Category Ratings
Walkability
7.0
Investment
4.1
En-Bloc Potential
4.4
ShiokNest Score
5.2

Overview & Key Facts

BISHOPSGATE RESIDENCES is a freehold condominium at BISHOPSGATE in District 10 (CCR), developed by PRIME RESIDENTIAL DEVELOPMENT PTE LTD, comprising 31 units, completed in 2012.

Developer
PRIME RESIDENTIAL DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
31
TOP year
2012
District
10 — CCR
Street
BISHOPSGATE

Location & Connectivity

BISHOPSGATE RESIDENCES is approximately 880m from Orchard Boulevard MRT station, with 8 stations within 1.5 km.

MRT stations near BISHOPSGATE RESIDENCES
StationLineDistance
Orchard BoulevardThomson-East Coast Line880m
NapierThomson-East Coast Line1 km
OrchardNorth-South Line1 km
OrchardThomson-East Coast Line1 km
Great WorldThomson-East Coast Line1.1 km
RedhillEast-West Line1.3 km

Schools & Education

17 schools within 2 km (4 within 1 km priority zone).

Schools near BISHOPSGATE RESIDENCES
SchoolTypeDistance
Tanglin Secondary SchoolSecondary680m
CHIJ (Kellock)Primary760m
River Valley Primary SchoolPrimary790m
Chatsworth International School (Orchard)International920m
Gan Eng Seng Primary SchoolPrimary1 km
Gan Eng Seng SchoolSecondary1.1 km
Kheng Cheng SchoolPrimary1.2 km
Methodist Girls' SchoolSecondary1.2 km

Market Position

BISHOPSGATE RESIDENCES has recorded 20 sales at an average price of $13,114,778.

BISHOPSGATE RESIDENCES sits at the 96th percentile of District 10 condo PSF.
$3,170 psf
Avg PSF (12mo)
$13,114,778
Avg Price
1.7%
Gross Yield
20
Total Sales

Price Appreciation

PSF trend for BISHOPSGATE RESIDENCES
YearSalesAvg PSFYoY
20212$3,840 psf
202310$3,732 psf↓ 2.8%
20252$3,302 psf↓ 11.5%
20266$3,126 psf↓ 5.3%

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From the 2021 high, BISHOPSGATE RESIDENCES prices have given back 18.6% — still 18.6% below the 2021 baseline.

Price Index Check

The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% 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 10 competitors
CondoTenureAvg PSFSales
SKYE AT HOLLAND99 yrs lease commencing from 2024$2,946 psf666
LEEDON GREENFreehold$2,786 psf574
D'LEEDON99 yrs lease commencing from 2010$1,869 psf452
HYLL ON HOLLANDFreehold$2,649 psf328
FOURTH AVENUE RESIDENCES99 yrs lease commencing from 2018$2,468 psf299

What Could Work Against You

  • With just 6 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 31-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

The profile fits families with young children, car-owning households, yield-focused investors and long-term hold (10+ yr) best. Family-suitable layout and CCR (Core Central Region) location with established school catchments nearby.


Verdict

BISHOPSGATE RESIDENCES is a freehold development in District 10 (CCR), with 31 units, offering a gross yield of 1.7%.

At ~$3,170 psf, it reflects its premium CCR positioning.

Explore the full BISHOPSGATE RESIDENCES dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Merah — 4-room average $894,787 (770m away), an upgrader gap of about $12,200,000
  • Queenstown — 4-room average $1,002,705 (1.2 km away), an upgrader gap of about $12,100,000
  • Central Area — 4-room average $1,088,814 (1.9 km away), an upgrader gap of about $12,050,000

FAQ

What is the average PSF for BISHOPSGATE RESIDENCES?
The 12-month average is approximately $3,170 psf.
Is BISHOPSGATE RESIDENCES freehold?
Yes, BISHOPSGATE RESIDENCES is a freehold property.
What is the rental yield for BISHOPSGATE RESIDENCES?
The estimated gross yield is 1.7%.
Which MRT is nearest to BISHOPSGATE RESIDENCES?
The nearest is Orchard Boulevard MRT at 880m.

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: 20 transactions
  • Rental data: 21 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 · 20 records analysed · Source: URA private-sale caveats

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