Block 53 Chin Swee Road

4 Room · Built 1974 · 47 years remaining lease MOP Cleared
Latest Sale
$548,000
Aug 2025 · 4 ROOM · #07-09
Median $/sqm
$6,610
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +3.8%
Median price change
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 47 years remaining 99 years
47 years 11 months
Remaining lease
↓ 0.83%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 47 years remaining, decay is gradual (~0.83%/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
Aug 2025 07 TO 09 4 ROOM 77 sqm $548,000 $7,117
Jun 2024 10 TO 12 4 ROOM 77 sqm $520,000 $6,753
Mar 2024 04 TO 06 4 ROOM 77 sqm $510,000 $6,623
Feb 2024 04 TO 06 4 ROOM 77 sqm $500,000 $6,494
Sep 2023 16 TO 18 4 ROOM 77 sqm $520,000 $6,753
Jun 2023 10 TO 12 4 ROOM 77 sqm $523,000 $6,792
May 2023 13 TO 15 4 ROOM 77 sqm $505,000 $6,558
Apr 2023 07 TO 09 4 ROOM 77 sqm $518,000 $6,727
Mar 2022 10 TO 12 4 ROOM 77 sqm $463,000 $6,013
Dec 2021 04 TO 06 4 ROOM 77 sqm $611,800 $7,945
Oct 2021 22 TO 24 4 ROOM 77 sqm $518,000 $6,727
Jul 2021 01 TO 03 4 ROOM 77 sqm $506,000 $6,571
Mar 2021 19 TO 21 4 ROOM 77 sqm $538,000 $6,987
Mar 2020 13 TO 15 4 ROOM 77 sqm $460,000 $5,974
Mar 2020 16 TO 18 4 ROOM 77 sqm $460,000 $5,974
Jul 2019 07 TO 09 4 ROOM 77 sqm $483,000 $6,273
Apr 2018 16 TO 18 4 ROOM 77 sqm $508,000 $6,597
Dec 2017 13 TO 15 4 ROOM 77 sqm $490,000 $6,364
Jun 2017 16 TO 18 4 ROOM 77 sqm $510,000 $6,623
Feb 2017 10 TO 12 4 ROOM 77 sqm $480,000 $6,234
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 53 Chin Swee Road

Block 53 at Chin Swee Road is a residential HDB block in Central Area, Singapore, built in 1974 with approximately 47 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $460,000 to $611,800 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $548,000 in 2025-08. The current median price per square metre is $6,610. Over the past five years, resale prices at this block have increased by approximately 3.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8076, with an annual lease decay rate of approximately 0.83%. 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 53 Chin Swee Road worth?

The most recent resale transaction at Block 53 Chin Swee Road was $548,000 for a 4 room flat in 2025-08. The median price per square metre across all flat types is $6,610, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 53 Chin Swee Road?

Block 53 Chin Swee Road was built in 1974 and has approximately 47 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.83%, meaning the leasehold value decreases by approximately 0.83% per year at the current remaining lease.

What flat types are available at Block 53 Chin Swee Road?

Block 53 Chin Swee Road in Central Area contains 4 room flats. Resale prices range from $460,000 to $611,800 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 53 Chin Swee Road gone up or down?

Resale prices at Block 53 Chin Swee Road have increased by approximately 3.8% over the past five years. The current median price is $509,000, with the most recent sale at $548,000 in 2025-08.

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