BISHAN 8
UrbanLens Analysis
BISHAN 8 trades at $1,684 PSF, sitting 2% below the District 20 median of $1,718 PSF. The 5-minute walk to Bishan MRT (378m) is a tangible lifestyle and resale advantage. JADESCAPE fetches $2,239 PSF nearby -- that 25% gap frames BISHAN 8's relative value proposition.
A 15.9% jump over two years is aggressive -- late buyers risk overpaying near a cyclical peak. With 21 deals in two years, the pricing data has reasonable statistical weight. For context, THE PANORAMA has gained 8.1% over the same period.
Around 69 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Gross yield of 2.7% lags the RCR segment average of 3.5%. Investors here are betting on price growth over rental returns.
At 200 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| JADESCAPE | $2,239 | 3.2% | +6.9% |
| BRADDELL VIEW | $1,029 | — | +2.4% |
| THE PANORAMA | $1,994 | 3.0% | +8.1% |
| SKY HABITAT | $1,844 | 2.8% | +6.1% |
| THE GARDENS AT BISHAN | $1,733 | 2.6% | +18.2% |
PSF Trend
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