Properties located within 250 to 500m of Bright Hill Crematorium and Columbarium (above) are more expensive than those 1 to 2km away, according to property information exchange SRX.

"Sin Ming is located at the 'tip' of Bishan and considered a blessed area after the Kong Meng San Phor Kark See Monastery was established," said Mr John Ong, senior sales director at property firm DTZ Debenham Tie Leung.

The private properties in the area could also push up prices, he said.

"It is near the Upper Thomson eateries, the upcoming Bright Hill MRT station and Ai Tong Primary School."