Block 488 Admiralty Link

4 Room · Built 2010 · 84 years remaining lease MOP Cleared
Latest Sale
$570,000
Oct 2024 · 4 ROOM · #16-18
Median $/sqm
$3,863
Based on 31 transactions
Total Transactions
31
Since Jan 2017
5-Year Trend
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Insufficient data
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 84 years remaining 99 years
84 years 11 months
Remaining lease
↓ 0.20%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 84 years remaining, decay is gradual (~0.20%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Oct 2024 16 TO 18 4 ROOM 94 sqm $570,000 $6,064
Aug 2024 16 TO 18 4 ROOM 96 sqm $580,000 $6,042
Jan 2024 13 TO 15 4 ROOM 94 sqm $495,000 $5,266
Dec 2023 01 TO 03 4 ROOM 96 sqm $482,000 $5,021
Aug 2023 13 TO 15 4 ROOM 96 sqm $500,000 $5,208
Mar 2023 04 TO 06 4 ROOM 94 sqm $465,000 $4,947
Feb 2023 07 TO 09 4 ROOM 94 sqm $505,000 $5,372
Dec 2022 07 TO 09 4 ROOM 96 sqm $470,000 $4,896
Aug 2022 04 TO 06 4 ROOM 94 sqm $458,000 $4,872
May 2022 07 TO 09 4 ROOM 94 sqm $468,000 $4,979
Mar 2022 07 TO 09 4 ROOM 96 sqm $480,000 $5,000
Apr 2021 07 TO 09 4 ROOM 94 sqm $430,000 $4,574
Dec 2020 10 TO 12 4 ROOM 96 sqm $395,000 $4,115
Oct 2020 01 TO 03 4 ROOM 94 sqm $355,000 $3,777
Dec 2019 04 TO 06 4 ROOM 94 sqm $338,000 $3,596
Nov 2019 04 TO 06 4 ROOM 96 sqm $336,000 $3,500
May 2019 04 TO 06 4 ROOM 94 sqm $330,000 $3,511
May 2019 16 TO 18 4 ROOM 94 sqm $358,000 $3,809
Dec 2018 16 TO 18 4 ROOM 94 sqm $357,000 $3,798
Oct 2018 16 TO 18 4 ROOM 96 sqm $359,888 $3,749
Showing 20 of 31 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 488 Admiralty Link

Block 488 at Admiralty Link is a residential HDB block in Sembawang, Singapore, built in 2010 with approximately 84 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $290,000 to $580,000 based on 31 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 16 TO 18 sold for $570,000 in 2024-10. The current median price per square metre is $3,863. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9461, with an annual lease decay rate of approximately 0.20%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 488 Admiralty Link worth?

The most recent resale transaction at Block 488 Admiralty Link was $570,000 for a 4 room flat in 2024-10. The median price per square metre across all flat types is $3,863, based on 31 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 488 Admiralty Link?

Block 488 Admiralty Link was built in 2010 and has approximately 84 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.20%, meaning the leasehold value decreases by approximately 0.20% per year at the current remaining lease.

What flat types are available at Block 488 Admiralty Link?

Block 488 Admiralty Link in Sembawang contains 4 room flats. Resale prices range from $290,000 to $580,000 based on historical transaction records from data.gov.sg.

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