Block 55 Chai Chee Drive

3 Room · 4 Room · Built 1984 · 57 years remaining lease MOP Cleared
Latest Sale
$525,000
Mar 2026 · 4 ROOM · #04-06
Median $/sqm
$4,596
Based on 71 transactions
Total Transactions
71
Since Jan 2017
5-Year Trend
▲ +19.9%
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 57 years remaining 99 years
57 years 2 months
Remaining lease
↓ 0.57%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.57%/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
Mar 2026 04 TO 06 4 ROOM 104 sqm $525,000 $5,048
Feb 2026 07 TO 09 3 ROOM 76 sqm $460,000 $6,053
Oct 2025 10 TO 12 3 ROOM 76 sqm $460,000 $6,053
Jul 2025 07 TO 09 3 ROOM 76 sqm $435,000 $5,724
Jul 2025 07 TO 09 3 ROOM 75 sqm $440,000 $5,867
Jul 2025 07 TO 09 3 ROOM 75 sqm $410,000 $5,467
Jul 2025 01 TO 03 4 ROOM 104 sqm $475,000 $4,567
Jun 2025 04 TO 06 3 ROOM 75 sqm $425,000 $5,667
May 2025 04 TO 06 3 ROOM 76 sqm $420,000 $5,526
Feb 2025 01 TO 03 3 ROOM 74 sqm $418,000 $5,649
Oct 2024 10 TO 12 3 ROOM 76 sqm $420,000 $5,526
Aug 2024 07 TO 09 3 ROOM 76 sqm $423,000 $5,566
Jul 2024 04 TO 06 4 ROOM 105 sqm $520,000 $4,952
Jun 2024 04 TO 06 3 ROOM 74 sqm $380,000 $5,135
Jun 2024 07 TO 09 3 ROOM 75 sqm $408,000 $5,440
Jun 2024 10 TO 12 3 ROOM 76 sqm $410,000 $5,395
Jun 2024 07 TO 09 3 ROOM 76 sqm $425,000 $5,592
Jan 2024 10 TO 12 3 ROOM 79 sqm $420,000 $5,316
Nov 2023 07 TO 09 3 ROOM 90 sqm $468,000 $5,200
Oct 2023 10 TO 12 3 ROOM 79 sqm $402,000 $5,089
Showing 20 of 71 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 55 Chai Chee Drive

Block 55 at Chai Chee Drive is a residential HDB block in Bedok, Singapore, built in 1984 with approximately 57 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $255,000 to $530,000 based on 71 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $525,000 in 2026-03. The current median price per square metre is $4,596. Over the past five years, resale prices at this block have increased by approximately 19.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8601, with an annual lease decay rate of approximately 0.57%. 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 55 Chai Chee Drive worth?

The most recent resale transaction at Block 55 Chai Chee Drive was $525,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $4,596, based on 71 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 55 Chai Chee Drive?

Block 55 Chai Chee Drive was built in 1984 and has approximately 57 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 0.57%, meaning the leasehold value decreases by approximately 0.57% per year at the current remaining lease.

What flat types are available at Block 55 Chai Chee Drive?

Block 55 Chai Chee Drive in Bedok contains 3 room, 4 room flats. Resale prices range from $255,000 to $530,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 55 Chai Chee Drive gone up or down?

Resale prices at Block 55 Chai Chee Drive have increased by approximately 19.9% over the past five years. The current median price is $370,888, with the most recent sale at $525,000 in 2026-03.

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