187 Bishan Street 13 HDB Price Trends and Market Analysis
Block 187 at 187 Bishan Street 13 in Bishan shows steady HDB resale price trends, with recent 3-room units transacting around $1.5M to $1.57M in 2025-2026, reflecting a slight dip from peak levels amid cooling measures and lease decay concerns.
Homejourney verifies all data to ensure you make safe, informed decisions on 187 Bishan Street 13 HDB Price Trends and Market Analysis. This cluster dives into resale data, influencing factors, and actionable steps for buyers, linking back to our comprehensive 187 Bishan Street 13 HDB Guide for full neighbourhood insights.
HDB Block Overview: Block 187 Bishan Street 13
Built in the 1990s, Block 187 is a mature 3-room HDB estate in premium Bishan town, known for its central location, top schools, and green spaces like Bishan-Ang Mo Kio Park. This 99-year leasehold block features standard 3-room flats around 67 sqm, with some renovated for modern living.
Recent Home Improvement Programme (HIP) upgrades have enhanced communal areas, boosting appeal. Nearby blocks like 185 and 189 Bishan Street 13 share the precinct's family-friendly vibe. For verified listings, browse available HDB flats near 187 Bishan Street 13 on Homejourney.
Recent Resale Price Trends at 187 Bishan Street 13
Over the last 3 years (2023-2026), Block 187 recorded 6 resale transactions, with the latest in Jan 2026.[5] Prices for 3-room units hovered at $1,570 psf in Aug 2025 ($1.57M total), down from $1,570 psf ($1.57M) in Dec 2024 and a high of $4,450 psf equivalent in peaks, but stabilising around $4,200 psf in recent months.[7]
Bishan HDB resale prices rose 5-7% YoY from 2023-2025 per HDB data, but 2026 shows moderation due to ABSD hikes and shorter leases (approx. 70 years remaining).[6] Median Bishan prices: $1.4M-$1.6M for similar flats.[6] Disclaimer: Prices fluctuate; consult HDB Resale Portal for latest.
| Date | Size (sqft) | Price (S$) | PSF (S$) |
|---|---|---|---|
| Aug 2025 | 1570 | ~1.57M | 4,200 |
| Dec 2024 | 1570 | ~1.57M | 4,450 |
| Mar 2024 | 1570 | ~1.57M | 4,200 |
Compared to Bishan Street 13 averages, Block 187 holds value due to proximity to Bishan MRT (10-min walk).[10]
Factors Driving 187 Bishan Street 13 HDB Prices
- Floor Level & Orientation: High-floor units with park views fetch 5-10% premium; avoid west-facing for afternoon heat.
- Remaining Lease: ~70 years left impacts CPF usage and bank loans (max 75% LTV for <80 years).[HDB.gov.sg]
- Renovations: Well-maintained flats sell 3-5% higher; check for HIP upgrades.
- Market Context: Bishan's school proximity (Raffles Institution 1km) supports family demand, but EIP/SPR quotas limit buyers.[HDB.gov.sg]
Prices compare favourably to nearby Jurong West blocks, where growth is slower.422 Jurong West Street 42 HDB Price Trends: 2026 Resale Analysis Insider tip: Low-floor units near playgrounds suit young families but check noise.
Bishan Market Comparison and Future Outlook
Bishan HDB outperforms central regions with 3-5% annual appreciation (2023-2026), driven by NSL MRT line and greenery.[10] Block 187 prices align with street medians but lag executive blocks by 10-15%.
2026 outlook: Stable with potential 2-4% growth if rates ease, per URA trends. Factors like MOP (5 years) and resale levy for second-timers affect supply. Use Homejourney's mortgage calculator for HDB loans (income ceiling $14K couples).
Actionable Steps for Buying at 187 Bishan Street 13
- Check Eligibility: Verify HDB grants (up to $80K CPF HG) and EIP via HDB portal.
- Valuation & OTP: Expect 8-12 week timeline; bid COV wisely (avg $20K-50K).
- Financing: HDB loan at 2.6% peg; calculate via Homejourney bank rates.
- Inspect: View orientation, leaks; speak to an HDB specialist agent on Homejourney.
- Search Safely: Use Homejourney property search for verified listings.
Amenities Boosting Property Value
10-min walk to Bishan MRT (NS17/CC15), Junction 8 mall, and hawker at 510 Bishan (5-min). Schools like Ai Tong (800m) enhance appeal. Post-purchase, explore Homejourney aircon services for maintenance.
FAQ: 187 Bishan Street 13 HDB Price Trends
What are current resale prices for 187 Bishan Street 13?
3-room flats transacted at ~$1.57M ($4,200 psf) in 2025; check HDB for latest.[7]
Is 187 Bishan Street 13 a good investment?
Yes for families due to location, but factor lease decay; stable 2-4% growth expected.[10]
How do prices compare in Bishan Street 13?
Block 187 matches medians; high floors premium.[6]
What affects HDB prices here?
Lease, floor, views, schools; MOP 5 years.[HDB.gov.sg]
Where to find 187 Bishan Street 13 listings?
Trusted source: Homejourney HDB search.
Ready to explore 187 Bishan Street 13 HDB Price Trends and Market Analysis? Start with our full Bishan guide and search listings on Homejourney today – your safe path to property success.
