Prices · Bishan · Sin Ming Road · D20 Bishan
Block 22 Sin Ming Road
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What this block is
| Address | Block 22 Sin Ming Road, Bishan, Singapore 570022 |
| Flat types here | 3-room, 5-room — on the evidence of 57 sales since Jan 2017, so a type that has never been resold here will not appear |
| Unit sizes | 3-room about 732 sq ft, 5-room about 1,464 sq ft (732 to 1,464 sq ft across the block) |
| Lease | 99 years from 1973, expiring 2072 — 46 years left |
| Floors that have sold | 1 to 12, so the block stands at least 12 storeys |
| Flat models | Improved, Adjoined flat |
| Town and district | Bishan, district 20 (Bishan, Ang Mo Kio) |
| Compare it with | the rest of Sin Ming Road, 3-room flats across Bishan |
Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.
What a flat here really costs each month
Bought at the median price, a flat in this block works out at $1,251 for every month of the 46 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.
It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.
| Cash needed up front | $100,260 |
| Mortgage interest over 25 years | $116,330 |
| Running costs over the remaining lease | $198,720 |
| Total over the lease | $690,560 |
| Monthly while repaying | $1,665 |
| Monthly once repaid | $360 |
Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.
The median above is based on just eight sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 3-room | $295,000 | $210,000–$395,000 | 732 sq ft | 403 | 55 |
| 5-room | $494,000 | $473,000–$515,000 | 1,464 sq ft | 337 | 2 |
By floor
Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.
| 01 to 03 | $305,000 | 417 psf | 9 |
| 04 to 06 | $320,000 | 420 psf | 13 |
| 07 to 09 | $311,000 | 425 psf | 14 |
| 10 to 12 | $280,000 | 376 psf | 21 |
Year by year
| 2017 | $261,750 | 360 psf | six sales |
| 2018 | $270,000 | 350 psf | six sales |
| 2019 | $369,000 | 343 psf | two sales |
| 2020 | $261,500 | 357 psf | eight sales |
| 2021 | $270,888 | 370 psf | five sales |
| 2022 | $303,000 | 417 psf | 11 sales |
| 2023 | $320,000 | 437 psf | three sales |
| 2024 | $346,500 | 473 psf | four sales |
| 2025 | $351,444 | 480 psf | four sales |
| 2026 | $367,000 | 501 psf | eight sales |
57 transactions in all, from Jan 2017 to Sept 2026. The flat models recorded here are Improved, Adjoined flat.