Block 623 Bedok Reservoir Road

4 Room · Built 1981 · 54 years remaining lease MOP Cleared
Latest Sale
$578,000
Jan 2026 · 4 ROOM · #04-06
Median $/sqm
$4,637
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
▲ +37.6%
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 2 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 2026 04 TO 06 4 ROOM 91 sqm $578,000 $6,352
Sep 2025 10 TO 12 4 ROOM 92 sqm $596,888 $6,488
Sep 2025 04 TO 06 4 ROOM 91 sqm $550,000 $6,044
Nov 2024 04 TO 06 4 ROOM 91 sqm $528,000 $5,802
May 2024 07 TO 09 4 ROOM 91 sqm $520,000 $5,714
Jul 2023 07 TO 09 4 ROOM 91 sqm $500,000 $5,495
Feb 2023 10 TO 12 4 ROOM 91 sqm $500,000 $5,495
Jun 2022 10 TO 12 4 ROOM 91 sqm $475,888 $5,230
May 2022 07 TO 09 4 ROOM 91 sqm $476,000 $5,231
Apr 2022 07 TO 09 4 ROOM 91 sqm $460,000 $5,055
Feb 2022 10 TO 12 4 ROOM 91 sqm $450,000 $4,945
Dec 2021 01 TO 03 4 ROOM 91 sqm $405,000 $4,451
Sep 2021 10 TO 12 4 ROOM 91 sqm $422,000 $4,637
Aug 2021 07 TO 09 4 ROOM 91 sqm $420,000 $4,615
Aug 2021 10 TO 12 4 ROOM 91 sqm $430,000 $4,725
May 2021 07 TO 09 4 ROOM 91 sqm $415,000 $4,560
Dec 2020 01 TO 03 4 ROOM 91 sqm $390,000 $4,286
Aug 2020 10 TO 12 4 ROOM 91 sqm $400,000 $4,396
Aug 2020 01 TO 03 4 ROOM 91 sqm $385,000 $4,231
Jul 2020 01 TO 03 4 ROOM 91 sqm $350,000 $3,846
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 623 Bedok Reservoir Road

Block 623 at Bedok Reservoir Road is a residential HDB block in Bedok, Singapore, built in 1981 with approximately 54 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $350,000 to $596,888 based on 25 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $578,000 in 2026-01. The current median price per square metre is $4,637. Over the past five years, resale prices at this block have increased by approximately 37.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8449, 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 623 Bedok Reservoir Road worth?

The most recent resale transaction at Block 623 Bedok Reservoir Road was $578,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $4,637, based on 25 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 623 Bedok Reservoir Road?

Block 623 Bedok Reservoir Road was built in 1981 and has approximately 54 years and 2 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 623 Bedok Reservoir Road?

Block 623 Bedok Reservoir Road in Bedok contains 4 room flats. Resale prices range from $350,000 to $596,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 623 Bedok Reservoir Road gone up or down?

Resale prices at Block 623 Bedok Reservoir Road have increased by approximately 37.6% over the past five years. The current median price is $422,000, with the most recent sale at $578,000 in 2026-01.

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