Block 61 Chai Chee Road

4 Room · Built 1982 · 58 years remaining lease MOP Cleared
Latest Sale
$460,000
Sep 2023 · 4 ROOM · #04-06
Median $/sqm
$4,451
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
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Insufficient data
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 58 years remaining 99 years
58 years 1 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.55%/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 2023 04 TO 06 4 ROOM 92 sqm $460,000 $5,000
Oct 2022 10 TO 12 4 ROOM 91 sqm $480,000 $5,275
Jul 2022 07 TO 09 4 ROOM 91 sqm $448,000 $4,923
Jun 2022 04 TO 06 4 ROOM 91 sqm $418,000 $4,593
Mar 2022 01 TO 03 4 ROOM 91 sqm $405,000 $4,451
Mar 2022 04 TO 06 4 ROOM 91 sqm $418,000 $4,593
Jul 2021 10 TO 12 4 ROOM 91 sqm $410,000 $4,505
Sep 2020 10 TO 12 4 ROOM 91 sqm $385,000 $4,231
Aug 2020 07 TO 09 4 ROOM 91 sqm $400,000 $4,396
Jan 2020 10 TO 12 4 ROOM 91 sqm $350,000 $3,846
Dec 2019 07 TO 09 4 ROOM 91 sqm $380,000 $4,176
May 2019 04 TO 06 4 ROOM 91 sqm $365,000 $4,011
Sep 2018 10 TO 12 4 ROOM 91 sqm $400,000 $4,396
Jul 2018 04 TO 06 4 ROOM 91 sqm $405,000 $4,451
Aug 2017 10 TO 12 4 ROOM 91 sqm $398,000 $4,374
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 61 Chai Chee Road

Block 61 at Chai Chee Road is a residential HDB block in Bedok, Singapore, built in 1982 with approximately 58 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $350,000 to $480,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $460,000 in 2023-09. The current median price per square metre is $4,451. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8644, with an annual lease decay rate of approximately 0.55%. 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 61 Chai Chee Road worth?

The most recent resale transaction at Block 61 Chai Chee Road was $460,000 for a 4 room flat in 2023-09. The median price per square metre across all flat types is $4,451, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 61 Chai Chee Road?

Block 61 Chai Chee Road was built in 1982 and has approximately 58 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 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 61 Chai Chee Road?

Block 61 Chai Chee Road in Bedok contains 4 room flats. Resale prices range from $350,000 to $480,000 based on historical transaction records from data.gov.sg.

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