Block 56 Chai Chee Drive

4 Room · Built 1983 · 56 years remaining lease MOP Cleared
Latest Sale
$535,000
Jan 2026 · 4 ROOM · #07-09
Median $/sqm
$4,242
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +38.6%
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
--
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.
Track this unit's value Get notified when new sales happen in Block 56
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 56 years remaining 99 years
56 years 1 months
Remaining lease
↓ 0.59%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.59%/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 07 TO 09 4 ROOM 91 sqm $535,000 $5,879
Oct 2024 10 TO 12 4 ROOM 91 sqm $525,000 $5,769
Jul 2024 01 TO 03 4 ROOM 91 sqm $485,000 $5,330
Dec 2023 10 TO 12 4 ROOM 91 sqm $485,000 $5,330
Jun 2022 10 TO 12 4 ROOM 91 sqm $450,000 $4,945
May 2022 04 TO 06 4 ROOM 92 sqm $435,000 $4,728
Mar 2022 04 TO 06 4 ROOM 91 sqm $440,000 $4,835
Oct 2021 04 TO 06 4 ROOM 91 sqm $372,000 $4,088
Jun 2021 04 TO 06 4 ROOM 91 sqm $400,000 $4,396
Oct 2019 01 TO 03 4 ROOM 91 sqm $343,000 $3,769
Jan 2019 01 TO 03 4 ROOM 91 sqm $345,000 $3,791
Sep 2018 04 TO 06 4 ROOM 91 sqm $340,000 $3,736
Jul 2018 04 TO 06 4 ROOM 91 sqm $360,000 $3,956
Jul 2018 04 TO 06 4 ROOM 91 sqm $361,000 $3,967
Apr 2018 10 TO 12 4 ROOM 91 sqm $370,000 $4,066
Sep 2017 10 TO 12 4 ROOM 91 sqm $370,000 $4,066
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 56 Chai Chee Drive

Block 56 at Chai Chee Drive is a residential HDB block in Bedok, Singapore, built in 1983 with approximately 56 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $340,000 to $535,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $535,000 in 2026-01. The current median price per square metre is $4,242. Over the past five years, resale prices at this block have increased by approximately 38.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8548, with an annual lease decay rate of approximately 0.59%. 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 56 Chai Chee Drive worth?

The most recent resale transaction at Block 56 Chai Chee Drive was $535,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $4,242, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 56 Chai Chee Drive?

Block 56 Chai Chee Drive was built in 1983 and has approximately 56 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.59%, meaning the leasehold value decreases by approximately 0.59% per year at the current remaining lease.

What flat types are available at Block 56 Chai Chee Drive?

Block 56 Chai Chee Drive in Bedok contains 4 room flats. Resale prices range from $340,000 to $535,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 56 Chai Chee Drive gone up or down?

Resale prices at Block 56 Chai Chee Drive have increased by approximately 38.6% over the past five years. The current median price is $386,000, with the most recent sale at $535,000 in 2026-01.

Link copied to clipboard