Block 16 Cantonment Close

3 Room · 4 Room · 5 Room · Built 2003 · 76 years remaining lease MOP Cleared
Latest Sale
$1,180,000
Nov 2025 · 5 ROOM · #19-21
Median $/sqm
$8,678
Based on 34 transactions
Total Transactions
34
Since Jan 2017
5-Year Trend
▲ +28.8%
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 76 years remaining 99 years
76 years 3 months
Remaining lease
↓ 0.27%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 76 years remaining, decay is gradual (~0.27%/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
Nov 2025 19 TO 21 5 ROOM 110 sqm $1,180,000 $10,727
May 2025 13 TO 15 3 ROOM 60 sqm $630,000 $10,500
Dec 2024 28 TO 30 4 ROOM 90 sqm $1,000,000 $11,111
Dec 2024 04 TO 06 5 ROOM 110 sqm $1,052,000 $9,564
Nov 2024 16 TO 18 4 ROOM 90 sqm $1,030,000 $11,444
Apr 2024 04 TO 06 3 ROOM 60 sqm $638,000 $10,633
Mar 2024 19 TO 21 4 ROOM 75 sqm $820,000 $10,933
Jan 2023 25 TO 27 3 ROOM 60 sqm $618,000 $10,300
Jan 2023 13 TO 15 5 ROOM 110 sqm $960,000 $8,727
Dec 2022 07 TO 09 4 ROOM 90 sqm $785,000 $8,722
Aug 2022 22 TO 24 4 ROOM 75 sqm $761,800 $10,157
Jul 2022 22 TO 24 4 ROOM 90 sqm $938,000 $10,422
Dec 2021 22 TO 24 3 ROOM 60 sqm $582,000 $9,700
Oct 2021 04 TO 06 4 ROOM 75 sqm $670,000 $8,933
Oct 2021 10 TO 12 4 ROOM 90 sqm $735,000 $8,167
Sep 2021 04 TO 06 3 ROOM 60 sqm $541,000 $9,017
Jul 2021 07 TO 09 5 ROOM 110 sqm $880,000 $8,000
Mar 2021 04 TO 06 4 ROOM 90 sqm $736,000 $8,178
Sep 2020 16 TO 18 3 ROOM 60 sqm $523,000 $8,717
Feb 2020 04 TO 06 4 ROOM 90 sqm $755,000 $8,389
Showing 20 of 34 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 16 Cantonment Close

Block 16 at Cantonment Close is a residential HDB block in Bukit Merah, Singapore, built in 2003 with approximately 76 years remaining on its 99-year lease. The block contains 3 room, 4 room, 5 room flats, with resale prices ranging from $400,000 to $1,180,000 based on 34 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 19 TO 21 sold for $1,180,000 in 2025-11. The current median price per square metre is $8,678. Over the past five years, resale prices at this block have increased by approximately 28.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9274, with an annual lease decay rate of approximately 0.27%. 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 16 Cantonment Close worth?

The most recent resale transaction at Block 16 Cantonment Close was $1,180,000 for a 5 room flat in 2025-11. The median price per square metre across all flat types is $8,678, based on 34 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 16 Cantonment Close?

Block 16 Cantonment Close was built in 2003 and has approximately 76 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 0.27%, meaning the leasehold value decreases by approximately 0.27% per year at the current remaining lease.

What flat types are available at Block 16 Cantonment Close?

Block 16 Cantonment Close in Bukit Merah contains 3 room, 4 room, 5 room flats. Resale prices range from $400,000 to $1,180,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 16 Cantonment Close gone up or down?

Resale prices at Block 16 Cantonment Close have increased by approximately 28.8% over the past five years. The current median price is $735,500, with the most recent sale at $1,180,000 in 2025-11.

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