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Block 56 Chai Chee Drive

4 Room · Built 1983 · 56 years remaining lease · Updated Jan 2026 MOP Cleared

Block 56 Chai Chee Drive has 16 recorded HDB resale transactions since 2017. Latest sale: $535,000 (Jan 2026, 4 room, floors 07–09). Median $4,242/sqm. Prices up 38.6% over the past five years. Built 1983, 56 years lease remaining.

Latest Sale
$535,000
Jan 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$4,242
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +38.6%
Median price change
Median Price ?
Top 65%
#327 / 506 Top 65%
Latest Sale ?
Top 58%
#294 / 506 Top 58%
Value ($/sqm) ?
Top 96%
#484 / 506 Top 96%
5-Year Growth ?
Top 28%
#108 / 390 Top 28%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.7%/yr
vs
Lease Decay
−0.59%/yr
Growth assumption
Based on this block’s +38.6% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bedok average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,300 typically $3,000–$3,500 6.8% Bedok avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 56 Chai Chee Drive in Bedok, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bedok
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
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 Chai Chee Drive in Bedok dates to 1983 and now has roughly 56 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 16% below the Bedok median, cheaper than about 64% of the town's blocks. It has a relatively light resale record, with 16 transactions since 2017 across 4 room flats priced from $340,000 to $535,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $535,000 in Jan 2026, and the median works out to $4,242/sqm. Higher floors carry a premium, with the 10 TO 12 band trading roughly 30% above the 01 TO 03 band. Over five years, prices here are up about 38.6%. All transaction data is sourced from data.gov.sg and 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.

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