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Block 551 Bedok North Avenue 1

3 Room · Built 1980 · 54 years remaining lease MOP Cleared
Latest Sale
$495,000
Jan 2025 · 3 ROOM · #01-03
Median $/sqm
$4,254
Based on 7 transactions
Total Transactions
7
Since Jan 2017
5-Year Trend
▲ +63.4%
Median price change
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 54 years remaining 99 years
54 years 3 months
Remaining lease
↓ 0.64%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 54 years remaining, decay is gradual (~0.64%/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
Jan 2025 01 TO 03 3 ROOM 83 sqm $495,000 $5,964
Dec 2022 04 TO 06 3 ROOM 67 sqm $350,000 $5,224
Aug 2021 04 TO 06 3 ROOM 67 sqm $303,000 $4,522
Jul 2020 01 TO 03 3 ROOM 83 sqm $295,000 $3,554
Dec 2019 04 TO 06 3 ROOM 83 sqm $290,000 $3,494
Aug 2018 01 TO 03 3 ROOM 67 sqm $285,000 $4,254
Oct 2017 01 TO 03 3 ROOM 67 sqm $280,000 $4,179
Showing 7 of 7 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 551 Bedok North Avenue 1

Block 551 at Bedok North Avenue 1 is a residential HDB block in Bedok, Singapore, built in 1980 with approximately 54 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $280,000 to $495,000 based on 7 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $495,000 in 2025-01. The current median price per square metre is $4,254. Over the past five years, resale prices at this block have increased by approximately 63.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8453, with an annual lease decay rate of approximately 0.64%. 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 551 Bedok North Avenue 1 worth?

The most recent resale transaction at Block 551 Bedok North Avenue 1 was $495,000 for a 3 room flat in 2025-01. The median price per square metre across all flat types is $4,254, based on 7 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 551 Bedok North Avenue 1?

Block 551 Bedok North Avenue 1 was built in 1980 and has approximately 54 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.64%, meaning the leasehold value decreases by approximately 0.64% per year at the current remaining lease.

What flat types are available at Block 551 Bedok North Avenue 1?

Block 551 Bedok North Avenue 1 in Bedok contains 3 room flats. Resale prices range from $280,000 to $495,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 551 Bedok North Avenue 1 gone up or down?

Resale prices at Block 551 Bedok North Avenue 1 have increased by approximately 63.4% over the past five years. The current median price is $295,000, with the most recent sale at $495,000 in 2025-01.

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