Rafflesia Condominium

Rafflesia Condominium at Bishan Street 21 is a well-established, highly practical 99-year leasehold project that offers incredible value for families who want to be deeply rooted in the Bishan/Marymount enclave. Completed in 2003, it perfectly balances a peaceful living environment with extreme proximity to MRT transit and top-tier educational institutions.

Here is the clean breakdown to round out your District 20 coverage for today:

Key project facts

• Type & tenure: A private residential condominium on a 99-year leasehold tenure (commencing from 1997).

• Completion & scale: Completed in 2003. It is a very exclusive, low-density development standing 20 storeys tall and comprising just 230 units.

• Developer: Developed by Bishan Park Pte Ltd, under the umbrella of the highly established Far East Organization.

Location and connectivity

• Address & setting: Located at 31 and 33 Bishan Street 21 in District 20. It sits in a mature and highly desirable neighborhood, practically adjacent to landed estates and offering clear, unblocked views on higher floors.

• MRT access: Exceptional transit proximity. It is merely a 6-minute walk (approx. 430m) to Marymount MRT(Circle Line), and less than a 10-minute walk to Bishan MRT interchange (North-South and Circle Lines).

• Road links: Provides highly efficient access to Braddell Road and Lornie Highway, linking drivers swiftly to the PIE, CTE, and the city center.

Layouts and design

• Unit mix: Fully dedicated to owner-occupiers and families. The 230 units are primarily composed of comfortable 2-bedroom (914 to 915 sq ft) and spacious 3-bedroom configurations (1,195 to 1,442 sq ft).

• Design approach: As a classic early-2000s Far East Organization project, Rafflesia is designed with generous, squarish floor plates that maximize usable indoor space—a stark contrast to the tighter layouts of modern launches. It appeals strongly to HDB upgraders from the surrounding Bishan estate who want more space.

• Positioning: For buyers exploring this specific Marymount stretch, Rafflesia is an excellent alternative to older, massive mega-projects. If they want slightly larger grounds, you might cross-reference Bishan Park Condominium, or if they want an integrated hub, Sengkang Grand Residences in the northeast is a great comparison for transit-linked living.

Facilities and lifestyle

• Facilities: Despite having only 230 units, it boasts a full suite of classic condo amenities, including a swimming pool, wading pool, jacuzzi, gymnasium, putting green, tennis courts, BBQ area, and 24-hour security.

• Nearby amenities: Junction 8 at Bishan Central is a short walk or drive away for all major retail and dining needs. For daily conveniences, the nearby Shunfu Mart and food centre offer fantastic local fare.

• Schools: A massive draw for parents. It sits in the educational heartland of District 20, very close to Catholic High School, Raffles Institution, and Whitley Secondary School.

Market and buyer appeal

• Market positioning: Rafflesia Condominium holds its value exceptionally well due to the sheer lack of supply for boutique-sized projects in Bishan. Recent 2025 and 2026 transactions show units trading consistently in the $1,500 to $1,690 PSF range. A 2-bedroom unit typically goes for around $1.4M to $1.5M, making it a highly attractive entry point compared to the newer D20 mega-launches like Jadescape or AMO Residence.

• Rental demand: Extremely healthy. With its 6-minute walk to Marymount MRT, rental yields remain solid at around 3.1%, with 2- and 3-bedroom units easily commanding rents of $4,000 to $5,300 per month from expat families and professionals.

• Key appeal: Generous Space & Transit Proximity. Buyers choose Rafflesia because it offers large, practical family layouts, a highly exclusive community of just 230 units, and walking distance to two major MRT lines in one of Singapore’s most sought-after city-fringe districts.