Block 62 Chai Chee Road

4 Room · 5 Room · Built 1983 · 57 years remaining lease MOP Cleared
Latest Sale
$715,000
Jun 2025 · 5 ROOM · #07-09
Median $/sqm
$4,767
Based on 10 transactions
Total Transactions
10
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 57 years remaining 99 years
57 years 5 months
Remaining lease
↓ 0.56%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.56%/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
Jun 2025 07 TO 09 5 ROOM 133 sqm $715,000 $5,376
Sep 2024 04 TO 06 5 ROOM 133 sqm $630,000 $4,737
Sep 2024 07 TO 09 5 ROOM 133 sqm $688,888 $5,180
May 2024 04 TO 06 5 ROOM 133 sqm $645,000 $4,850
May 2024 07 TO 09 5 ROOM 133 sqm $670,000 $5,038
Oct 2023 07 TO 09 5 ROOM 133 sqm $638,000 $4,797
Apr 2023 04 TO 06 4 ROOM 103 sqm $483,888 $4,698
Nov 2022 01 TO 03 5 ROOM 133 sqm $600,000 $4,511
Jul 2019 07 TO 09 5 ROOM 133 sqm $543,000 $4,083
Jun 2018 01 TO 03 5 ROOM 133 sqm $502,000 $3,774
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 62 Chai Chee Road

Block 62 at Chai Chee Road is a residential HDB block in Bedok, Singapore, built in 1983 with approximately 57 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $483,888 to $715,000 based on 10 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $715,000 in 2025-06. The current median price per square metre is $4,767. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8613, with an annual lease decay rate of approximately 0.56%. 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 62 Chai Chee Road worth?

The most recent resale transaction at Block 62 Chai Chee Road was $715,000 for a 5 room flat in 2025-06. The median price per square metre across all flat types is $4,767, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 62 Chai Chee Road?

Block 62 Chai Chee Road was built in 1983 and has approximately 57 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.56%, meaning the leasehold value decreases by approximately 0.56% per year at the current remaining lease.

What flat types are available at Block 62 Chai Chee Road?

Block 62 Chai Chee Road in Bedok contains 4 room, 5 room flats. Resale prices range from $483,888 to $715,000 based on historical transaction records from data.gov.sg.

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