99-yearRCRDistrict 20 (Bishan)

Rafflesia Condominium

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2026 (URA)
Quick Summary

Rafflesia Condominium is a 99-year condominium in District 20 (Bishan) that obtained TOP in 2003, with 230 units across 2 blocks. Across 467 transactions on record, units have recently transacted around S$1.53M (S$1,596 psf, ~915 sqft). There are 23 units for sale from S$1.43M to S$4.30M. The lease has approximately 70 years remaining.

Key facts about Rafflesia Condominium
Tenure99-year leasehold from 1997 (≈70 years left)
TOP year2003
DeveloperBISHAN PEAK PTE LTD
Units230 in 2 blocks
District and areaDistrict 20 · Bishan · RCR
Nearest MRTMarymount MRT, 415 m (~7 min walk)
Latest median psfS$1,596 psf, last 12 URA caveats to May 2026
1

What's for sale and for rent at Rafflesia Condominium?

Key Takeaway

Rafflesia Condominium has 23 units listed for sale, asking S$1.43M to S$4.30M (median S$1,663 psf), and 46 units for rent at a median of S$2,230 a month.

For sale

23 listings

S$1.43M – S$4.30M

For rent

46 listings

S$1,250 – S$5,500 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom8S$1.43M–S$1.60MS$1,663 psf
3-bedroom14S$2.05M–S$2.35M
5-bedroom1S$4.30M–S$4.30M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Rafflesia Condominium?

Key Takeaway

Floor plans for Rafflesia Condominium aren't in PropKaki's library yet. Across 467 URA caveats, units range from 915 sqft to 1,442 sqft, and the middle half are 915 sqft to 1,216 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom914 sqft to 915 sqftS$1.43M · S$1,663 psf
3-bedroom1,216 sqft to 1,442 sqftS$2.05M
5-bedroom2,681 sqftS$4.30M

Check the Floor Plan Finder for Rafflesia Condominium →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Rafflesia Condominium?

Key Takeaway

Units have recently transacted around S$1.53M (S$1,596 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$1.53M

recent · 467 sales on record

Median PSF

S$1,596 psf

recent transactions

Median rent (monthly)

S$3,255

891 rentals on record

Gross rental yield

2.6%

indicative, gross

Units currently for sale are asking a median of S$1,663 psf — about 4% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

4

What has recently sold at Rafflesia Condominium?

Key Takeaway

Rafflesia Condominium has 467 recorded sales; the most recent transacted at S$1,400,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,400,000915S$1,530 psf
May 2026S$1,530,000915S$1,672 psf
May 2026S$2,156,0001,302S$1,655 psf
Mar 2026S$2,200,0001,302S$1,689 psf
Feb 2026S$2,188,0001,324S$1,653 psf
Nov 2025S$1,928,0001,195S$1,614 psf
Oct 2025S$2,070,0001,302S$1,589 psf
Oct 2025S$1,460,000915S$1,596 psf
Sept 2025S$1,365,000915S$1,492 psf
Aug 2025S$1,450,000915S$1,585 psf
Jul 2025S$1,970,0001,195S$1,649 psf
Jul 2025S$1,418,888915S$1,551 psf

467 sales and 891 rentals on record since May 2000. Source: URA.

5

Are prices at Rafflesia Condominium rising?

Key Takeaway

The median transacted PSF at Rafflesia Condominium has risen 53% over the past 9 years (20172026), from S$1,082 psf to S$1,655 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,655 psfS$2.16M5+6.7%
2025S$1,551 psfS$1.45M12+1.2%
2024S$1,532 psfS$1.83M3+8.4%
2023S$1,413 psfS$1.48M10+7.7%
2022S$1,312 psfS$1.65M16+18.9%
2021S$1,103 psfS$1.33M8-3.9%
2020S$1,148 psfS$1.05M9+0.0%
2019S$1,148 psfS$1.10M8+4.6%
2018S$1,098 psfS$1.30M8+1.5%
2017S$1,082 psfS$1.06M7

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Rafflesia Condominium a good investment?

Key Takeaway

Of 242 units at Rafflesia Condominium that were bought and later resold (bought from 2000, resold up to 2026), 91% sold for more than they were bought for, with a median gain of 29% over a median 7.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 4% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

91%

of 242 resales here

Median gain

29%

gross, before costs

Median hold

7.2 years

bought to resold

Every unit at Rafflesia Condominium with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Rafflesia Condominium and what's nearby?

Key Takeaway

Rafflesia Condominium is located in Bishan, in the Central Region of Singapore.

Rafflesia Condominium is a 99-year condominium completed in 2003. It was developed by BISHAN PEAK PTE LTD. The development has 230 residential units. It sits on a land area of 12,304 sqm and has a gross floor area of 25,839 sqm. The plot ratio is 2.1.

RAFFLESIA CONDOMINIUM is located at 31 Bishan Street 21, Singapore 579800. It is part of District 20, Bishan / Ang Mo Kio, Bishan. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Marymount MRT, approximately 415m away, around 6 minutes on foot. Nearby amenities include Junction 8 for shopping, TAN SUAN GUAY for groceries, Blk 320 Shunfu Road for food options, and Binchang Rise Pg for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Fitness corner, Gymnasium room, Jacuzzi, and Playground.

8

How far is Rafflesia Condominium from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Rafflesia Condominium is Marymount MRT, about 415 m away (~7 min walk). 6 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Raffles InstitutionMixed-level schoolwithin 1 km171 m
  • Raffles Girls' School (Secondary)Secondary schoolwithin 1 km615 m
  • Catholic High SchoolMixed-level schoolwithin 1 km787 m
  • Whitley Secondary SchoolSecondary schoolwithin 1 km819 m
  • Guangyang Secondary SchoolSecondary schoolwithin 1 km879 m
  • Marymount Convent SchoolPrimary schoolwithin 1 km · P1 priority881 m
  • Beatty Secondary SchoolSecondary school1.2 km
  • Kheng Cheng SchoolPrimary school1.2 km

Shops, food & parks

Mall: Junction 8 · 709 mSupermarket: Tan Suan Guay · 700 mHawker centre: Blk 320 Shunfu Road · 827 mPark: Binchang Rise Pg · 123 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Rafflesia Condominium and how big is the development?

Key Takeaway

Rafflesia Condominium was developed by BISHAN PEAK PTE LTD, with 230 units.

Developer
BISHAN PEAK PTE LTD
Blocks
2
Land area
12,304 sqm (132,439 sqft)
Gross floor area
25,839 sqm (278,128 sqft)
Plot ratio
2.10
10

What facilities does Rafflesia Condominium have?

Key Takeaway

Rafflesia Condominium has 12 facilities, including Barbeque Area, Covered car park, Fitness corner, Gymnasium room, and more.

Barbeque AreaCovered car parkFitness cornerGymnasium roomJacuzziPlaygroundPutting GreenSauna24 hours securitySwimming poolTennis courtsWading pool
11

What does it cost to own a unit at Rafflesia Condominium?

Key Takeaway

Buying a unit at Rafflesia Condominium (~S$1.53M) needs about S$11,200/mo in income and S$5,153/mo in repayments, after S$46,100 stamp duty and a S$383k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.53M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$46,100

BSD, tiered

Downpayment (25%)

S$383k

cash + CPF

Monthly instalment

S$5,153/mo

30y @ 3.5%

Income required

S$11,200/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Rafflesia Condominium?

Key Takeaway

6,420 CEA-registered agents closed at least one recorded deal in District 20 — where Rafflesia Condominium sits — in the last 12 months, across all property types.

Active agents · 12mo

6,420

District 20 · closed ≥1 deal

Deals on record

22,636

all-time · all property types

Source: CEA public transaction records, attributed to District 20 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Rafflesia Condominium? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Rafflesia Condominium's own transactions.

PropKaki
Is Rafflesia Condominium a good buy, and what are units selling for?

Recent units at Rafflesia Condominium sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Rafflesia Condominium

Is Rafflesia Condominium freehold?

No. Rafflesia Condominium is on a 99-year lease that started in 1997, with about 70 years left.

How old is Rafflesia Condominium?

Rafflesia Condominium was completed (obtained TOP) in 2003, so it is about 23 years old.

Is Rafflesia Condominium a good investment?

Of 242 units at Rafflesia Condominium that were bought and later resold (bought from 2000, resold up to 2026), 91% sold for more than they were bought for, with a median gain of 29% over a median 7.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 4% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Rafflesia Condominium an EC?

No. Rafflesia Condominium is a private condominium, not an executive condominium (EC).

Who is the developer of Rafflesia Condominium?

Rafflesia Condominium was developed by BISHAN PEAK PTE LTD.

What is the price of a condo at Rafflesia Condominium?

Units at Rafflesia Condominium have recently sold for around S$1.53M (S$1,596 psf), the median of the last 12 URA caveats to May 2026. The price depends on size, floor and facing. 23 units are listed for sale from S$1.43M to S$4.30M.

Where is Rafflesia Condominium located?

Rafflesia Condominium is at 31 Bishan Street 21, Singapore 579800, in Bishan (District 20). The nearest MRT station is Marymount MRT, about 415 m away.

How many units are there in Rafflesia Condominium?

Rafflesia Condominium has 230 units in 2 blocks.

How much do I need to earn to buy at Rafflesia Condominium?

For a unit around S$1.53M as a first home, you'd need roughly S$11,200/mo in income (assessed at the stress-test rate), with repayments near S$5,153/mo after a S$383k (25%) downpayment and S$46,100 Buyer's Stamp Duty.

Are prices at Rafflesia Condominium going up?

The median price per square foot at Rafflesia Condominium has risen about 53% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Rafflesia Condominium?

Marymount Convent School is within 1 km of Rafflesia Condominium. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.