Saturday, December 24, 2011

HDB for rent in Bishan Singapore, price trends


Are you looking for an hdb flat for rent in Bishan? Would you like to know how much you should pay for a flat? Then this article is for you. Bishan is a centrally located neighbourhood in Singapore which is primarily a housing estate. Although the estate is built above what used to be a cemetery, and there were initial fears that the Bishan HDB flats would face poor occupancy as cemeteries bode bad fengshui, today HDB flats in Bishan are generally more expensive compared to other estates due to its location in the central region, which commands a higher price over other estates that are further away from the city.[1]

As other towns in Singapore, the HDB rental prices are registering continuous increasing trend here. Below table shows latest median HDB rental transactions in Bishan based on room type. As of 3rd Quarter of 2011, median rental price for 3 room HDB flats (2+1 HDB with 2 bedrooms and 1 living room, kitchen and bathroom) was 1,900 Singapore Dollars per month, 4 room HDB flats (3+1 HDB with 3 bedrooms and 1 living room, kitchen and bathroom) was 2,500 Singapore Dollars per month and 5 room HDB flats (4+1 HDB with 2 bedrooms and 1 living room, kitchen and bathroom) was 2,600 Singapore Dollars per month.



Bishan HDB For Rent Price Trends
Room Q3 2011 Q2 2011 Q3 2010 Q-o-Q Change Y-o-Y Change
3-RM $1,900 $1,700 $1,520 $200 $380
4-RM $2,500 $2,200 $2,100 $300 $400
5-RM $2,600 $2,600 $2,300 $0 $300


Bishan HDB For Rent Price Trends as of 2011 Q3
[1] - Bishan

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