Block 38 Bedok South Road

2 Room · Built 1978 · 54 years remaining lease MOP Cleared

Latest Sale

$260,000

Aug 2023 · 2 ROOM · #01-03

Median $/sqm

$5,114

Based on 7 transactions

Total Transactions

Since Jan 2017

5-Year Trend

Insufficient data

Price Trend

Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.

What's Your Unit Worth?

Storey Band

Flat Type

HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.

Estimated Market Value

Future Value Projection

Estimated value in --

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
Aug 2023	01 TO 03	2 ROOM	44 sqm	$260,000	$5,909
Feb 2022	07 TO 09	2 ROOM	44 sqm	$265,000	$6,023
Jul 2021	04 TO 06	2 ROOM	44 sqm	$234,000	$5,318
Dec 2020	01 TO 03	2 ROOM	44 sqm	$221,000	$5,023
Aug 2019	04 TO 06	2 ROOM	44 sqm	$205,000	$4,659
Jul 2019	07 TO 09	2 ROOM	44 sqm	$225,000	$5,114
Mar 2018	10 TO 12	2 ROOM	44 sqm	$218,000	$4,955

Showing 7 of 7 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 38 Bedok South Road

Block 38 at Bedok South Road is a residential HDB block in Bedok, Singapore, built in 1978 with approximately 54 years remaining on its 99-year lease. The block contains 2 room flats, with resale prices ranging from $205,000 to $265,000 based on 7 recorded transactions since January 2017. The most recent transaction was a 2 room flat on storeys 01 TO 03 sold for $260,000 in 2023-08. The current median price per square metre is $5,114. 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 38 Bedok South Road worth?

The most recent resale transaction at Block 38 Bedok South Road was $260,000 for a 2 room flat in 2023-08. The median price per square metre across all flat types is $5,114, based on 7 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 38 Bedok South Road?

Block 38 Bedok South Road was built in 1978 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 38 Bedok South Road?

Block 38 Bedok South Road in Bedok contains 2 room flats. Resale prices range from $205,000 to $265,000 based on historical transaction records from data.gov.sg.