Block 308 Canberra Road

4 Room · 5 Room · Executive · Built 1998 · 72 years remaining lease MOP Cleared
Latest Sale
$688,000
Sep 2025 · 5 ROOM · #07-09
Median $/sqm
$3,875
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +52.6%
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 72 years remaining 99 years
72 years 4 months
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.32%/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
Sep 2025 07 TO 09 5 ROOM 120 sqm $688,000 $5,733
Jul 2025 10 TO 12 4 ROOM 100 sqm $580,000 $5,800
Jun 2025 01 TO 03 5 ROOM 123 sqm $610,000 $4,959
Feb 2025 07 TO 09 4 ROOM 100 sqm $580,000 $5,800
Jan 2025 04 TO 06 4 ROOM 100 sqm $568,888 $5,689
Nov 2024 07 TO 09 EXECUTIVE 141 sqm $815,000 $5,780
Jul 2024 07 TO 09 4 ROOM 100 sqm $565,000 $5,650
Jan 2024 04 TO 06 5 ROOM 123 sqm $618,000 $5,024
Sep 2022 01 TO 03 EXECUTIVE 141 sqm $640,000 $4,539
Feb 2021 01 TO 03 4 ROOM 100 sqm $380,000 $3,800
Dec 2020 01 TO 03 EXECUTIVE 141 sqm $510,000 $3,617
Aug 2020 16 TO 18 5 ROOM 120 sqm $465,000 $3,875
Jan 2020 13 TO 15 4 ROOM 100 sqm $375,000 $3,750
Mar 2019 01 TO 03 EXECUTIVE 141 sqm $500,000 $3,546
Jan 2019 07 TO 09 4 ROOM 100 sqm $333,888 $3,339
May 2018 07 TO 09 4 ROOM 100 sqm $339,988 $3,400
May 2018 16 TO 18 EXECUTIVE 141 sqm $544,880 $3,864
Apr 2018 13 TO 15 4 ROOM 100 sqm $364,000 $3,640
Nov 2017 13 TO 15 EXECUTIVE 141 sqm $551,000 $3,908
Aug 2017 13 TO 15 5 ROOM 120 sqm $455,000 $3,792
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 308 Canberra Road

Block 308 at Canberra Road is a residential HDB block in Sembawang, Singapore, built in 1998 with approximately 72 years remaining on its 99-year lease. The block contains 4 room, 5 room, executive flats, with resale prices ranging from $333,888 to $815,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $688,000 in 2025-09. The current median price per square metre is $3,875. Over the past five years, resale prices at this block have increased by approximately 52.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9170, with an annual lease decay rate of approximately 0.32%. 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 308 Canberra Road worth?

The most recent resale transaction at Block 308 Canberra Road was $688,000 for a 5 room flat in 2025-09. The median price per square metre across all flat types is $3,875, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 308 Canberra Road?

Block 308 Canberra Road was built in 1998 and has approximately 72 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.32%, meaning the leasehold value decreases by approximately 0.32% per year at the current remaining lease.

What flat types are available at Block 308 Canberra Road?

Block 308 Canberra Road in Sembawang contains 4 room, 5 room, executive flats. Resale prices range from $333,888 to $815,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 308 Canberra Road gone up or down?

Resale prices at Block 308 Canberra Road have increased by approximately 52.6% over the past five years. The current median price is $544,880, with the most recent sale at $688,000 in 2025-09.

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