Skip to content

Block 61 Chai Chee Road

4 Room · Built 1982 · 58 years remaining lease · Updated Sep 2023 MOP Cleared

Block 61 Chai Chee Road has 15 recorded HDB resale transactions since 2017. Latest sale: $460,000 (Sep 2023, 4 room, floors 04–06). Median $4,451/sqm. Built 1982, 58 years lease remaining.

Latest Sale
$460,000
Sep 2023 · 4 ROOM · Floor 04-06
Median $/sqm
$4,451
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 60%
#304 / 506 Top 60%
Latest Sale ?
Top 71%
#360 / 506 Top 71%
Value ($/sqm) ?
Top 86%
#435 / 506 Top 86%
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
+3%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 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.
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 61 Chai Chee Road 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
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 Chai Chee Road in Bedok dates to 1982 and now has roughly 58 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 12% below the Bedok median, cheaper than about 60% of the town's blocks. It has a relatively light resale record, with 15 transactions since 2017 across 4 room flats priced from $350,000 to $480,000. The most recent transaction was a 4 room flat on storeys 04 TO 06 at $460,000 in Sep 2023, and the median works out to $4,451/sqm. All transaction data is sourced from data.gov.sg and 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.

Link copied to clipboard