231 Bishan Street 23 - 2 Units for Sale

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231 Bishan Street 23 – PropertyGuru Market Pulse Insights

Recent local search data shows the development preserving market visibility among active seekers, drawing on 30 days of PropertyGuru search activity within the Ang Mo Kio / Bishan / Thomson market. This project remains a consistent part of the browsing landscape for buyers evaluating residential options in this established neighborhood. While search volume is distributed across various developments, it continues to maintain its presence in the current local consideration set.

Most-searched Units: 3-Bedroom

Popular preferences: Tennis Court, Corner Unit, Terrace, Balcony, Helper's room, Renovated, Gym, Air Conditioner

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 1.20M
  • Avg PSF: S$ 764 psf (46.29% lower compared to Ang Mo Kio / Bishan / Thomson average of S$ 1,422 psf)
  • Available Units: 1
• 4-Bedroom Units:
  • Avg Asking Price: S$ 1.29M
  • Avg PSF: S$ 819 psf (58.17% lower compared to Ang Mo Kio / Bishan / Thomson average of S$ 1,959 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 3-Bedroom configurations as the preferred choice for buyers at this location. With only single units available in both the 3 and 4-bedroom categories, the limited inventory profile aligns with a highly selective market position. Overall, the property is priced at a significant discount relative to the broader Ang Mo Kio / Bishan / Thomson average, offering a competitive entry point for the area. This pricing discipline combined with specific unit preferences like corner units and balconies suggests steady support from value-oriented buyers.

Location & Lifestyle Highlights — 231 Bishan Street 23 890m (11 mins) to BISHAN MRT STATION — This major interchange connects you easily to both the North-South and Circle Lines for a smooth journey across the island. Living at 231 Bishan Street 23 puts you right in the heart of a mature neighborhood where everything you need for a comfortable daily life is just a short walk away. It is a practical choice for those who value being surrounded by established amenities and reliable transport links. Nearby hotspots: MRT Stations:

• TECK GHEE MRT STATION (1025m, 12-13 mins) — Upcoming station providing additional rail options for residents heading towards the city or eastern regions.

Bus Stops (35 within 1 km):

• OPP BISHAN NTH SHOP MALL (96m, 1-2 mins) — Very close stop offering multiple bus services for quick hops around the Bishan area.
• BISHAN NTH SHOP MALL (147m, 1-2 mins) — Convenient boarding point for residents heading towards the central transport hubs.

Education & Early Learning:

• CALLIDUS PRESCHOOL (5m, 1 min) — Right at your doorstep, making morning drop-offs incredibly easy for parents with young children.
• PCF SPARKLETOTS PRESCHOOL @ MARYMOUNT BLK 231 (DS) (18m, 1 min) — Reliable early childhood education located just a few steps from home.
• WHITLEY SECONDARY SCHOOL (566m, 6-7 mins) — Reputable secondary institution within comfortable walking distance for older students.

Healthcare & Wellness:

• UNITY (913m, 10-11 mins) — Trusted pharmacy for healthcare essentials and wellness products located nearby.
• GUARDIAN (1015m, 12-13 mins) — Handy retail pharmacy for daily medical needs and personal care items.
• INTEMEDICAL TECK GHEE (1106m, 13-14 mins) — Accessible medical clinic for general consultations and family healthcare services.

Shopping & Retail:

• FAIRPRICE (304m, 3-4 mins) — Nearby supermarket that makes grabbing fresh groceries for dinner a quick and simple task.
• JUNCTION 8 (913m, 10-11 mins) — Major heartland mall featuring a wide array of retail brands, services, and a cinema.
• FAIRPRICE FINEST (1024m, 12-13 mins) — Premium grocery shopping option for a wider selection of international products.

Dining & Food:

• RICKY BAKERY (158m, 1-2 mins) — Local bakery perfect for picking up fresh bread and breakfast treats just around the corner.
• KIMLY COFFEESHOP (229m, 2-3 mins) — Traditional coffee shop offering a variety of affordable local food options for daily meals.
• ITEA (409m, 4-5 mins) — Popular spot for a quick bubble tea or refreshing drink during a walk home.

Highly attractive for: Young Families, Urban Professionals, Investors

Market & Rental Insights

231 Bishan Street 23 presents a stable residential profile characterized by strong rental returns and selective sales activity.

• PSF Appreciation:S$715 → S$692 over recent years (-3.22%) from 2023 - 2026.
• Expected Rental Yield: At 5.01%, this project offers a strong return for property investors.
• Transactions:2 sale transactions in the last 12 months indicate limited sale activity.
• PG Pulse Insight: While PSF has seen a slight adjustment, the strong rental yield of 5.01% and steady market presence position 231 Bishan Street 23 as a high-yielding asset for long-term holders.

Published date: November 2, 2026