Skip to content

Block 53 Chin Swee Road

4 Room · Built 1974 · 47 years remaining lease · Updated Aug 2025 MOP Cleared

Block 53 Chin Swee Road has 20 recorded HDB resale transactions since 2017. Latest sale: $548,000 (Aug 2025, 4 room, floors 07–09). Median $6,610/sqm. Prices up 3.8% over the past five years. Built 1974, 47 years lease remaining.

Latest Sale
$548,000
Aug 2025 · 4 ROOM · Floor 07-09
Median $/sqm
$6,610
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +3.8%
Median price change
Median Price ?
Top 44%
#28 / 64 Top 44%
Latest Sale ?
Top 72%
#46 / 64 Top 72%
Value ($/sqm) ?
Top 56%
#36 / 64 Top 56%
5-Year Growth ?
Top 98%
#52 / 53 Top 98%
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
+0.7%/yr
vs
Lease Decay
−0.83%/yr
Growth assumption
Based on this block’s +3.8% growth over 5 years
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 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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,700 typically $3,200–$3,850 8.1% 8 rentals here
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 1 popular school. 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
1 school 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 53 Chin Swee Road in Central Area, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Central Area
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
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 Chin Swee Road is an ageing-lease HDB block in Central Area, built in 1974 with about 47 years left on its 99-year lease, so remaining lease is the dominant price factor here. At $509,000, its median sits roughly in line with the Central Area town median. It has a regular flow of resale activity, with 20 transactions since 2017 across 4 room flats priced from $460,000 to $611,800. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $548,000 in Aug 2025, and the median works out to $6,610/sqm. All transaction data is sourced from data.gov.sg and 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.

Link copied to clipboard