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Block 62 Chai Chee Road

4 Room · 5 Room · Built 1983 · 57 years remaining lease · Updated Jun 2025 MOP Cleared

Block 62 Chai Chee Road has 10 recorded HDB resale transactions since 2017. Latest sale: $715,000 (Jun 2025, 5 room, floors 07–09). Median $4,767/sqm. Built 1983, 57 years lease remaining.

Latest Sale
$715,000
Jun 2025 · 5 ROOM · Floor 07-09
Median $/sqm
$4,767
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 26%
#133 / 506 Top 26%
Latest Sale ?
Top 31%
#155 / 506 Top 31%
Value ($/sqm) ?
Top 66%
#335 / 506 Top 66%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.56%/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 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.
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
5-Room $3,650 typically $3,350–$4,000 5.5% 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 62 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
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 Chai Chee Road is an ageing-lease HDB block in Bedok, built in 1983 with about 57 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median runs about 38% above the Bedok median, ahead of around 74% of the town's blocks. It has a relatively light resale record, with 10 transactions since 2017 across 4 room, 5 room flats priced from $483,888 to $715,000. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $715,000 in Jun 2025, and the median works out to $4,767/sqm. All transaction data is sourced from data.gov.sg and 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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