Block 248 Choa Chu Kang Avenue 2
Block 248 Choa Chu Kang Avenue 2 has 16 recorded HDB resale transactions since 2017. Latest sale: $530,000 (Oct 2024, 4 room, floors 13–15). Median $4,556/sqm. Built 1993, 67 years lease remaining.
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 Choa Chu Kang average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,100 typically $2,900–$3,300 | 6.7% | Choa Chu Kang avg · block too thin |
| 5-Room | $3,250 typically $3,000–$3,500 | 5.8% | Choa Chu Kang avg · block too thin |
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.
- 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.
Other HDB blocks closest to Block 248 Choa Chu Kang Avenue 2 in Choa Chu Kang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Oct 2024 | 13 TO 15 | 4 ROOM | 104 sqm | $530,000 | $5,096 |
| Aug 2024 | 07 TO 09 | 5 ROOM | 123 sqm | $662,000 | $5,382 |
| Jul 2024 | 10 TO 12 | 4 ROOM | 104 sqm | $530,000 | $5,096 |
| Dec 2023 | 04 TO 06 | 5 ROOM | 123 sqm | $590,000 | $4,797 |
| Oct 2023 | 10 TO 12 | 5 ROOM | 123 sqm | $625,000 | $5,081 |
| Aug 2023 | 16 TO 18 | 5 ROOM | 125 sqm | $630,000 | $5,040 |
| Nov 2022 | 04 TO 06 | 4 ROOM | 104 sqm | $470,000 | $4,519 |
| Jul 2022 | 04 TO 06 | 5 ROOM | 123 sqm | $570,000 | $4,634 |
| Jun 2022 | 13 TO 15 | 5 ROOM | 123 sqm | $565,000 | $4,593 |
| Apr 2021 | 04 TO 06 | 4 ROOM | 104 sqm | $428,000 | $4,115 |
| Dec 2020 | 10 TO 12 | 5 ROOM | 123 sqm | $460,000 | $3,740 |
| Nov 2020 | 07 TO 09 | 4 ROOM | 104 sqm | $410,000 | $3,942 |
| Oct 2019 | 07 TO 09 | 5 ROOM | 123 sqm | $412,000 | $3,350 |
| Dec 2018 | 07 TO 09 | 5 ROOM | 123 sqm | $412,000 | $3,350 |
| Jun 2018 | 07 TO 09 | 5 ROOM | 123 sqm | $395,888 | $3,219 |
| Jan 2017 | 04 TO 06 | 5 ROOM | 123 sqm | $435,000 | $3,537 |
About Block 248 Choa Chu Kang Avenue 2
Block 248 Choa Chu Kang Avenue 2 is an established HDB block in Choa Chu Kang, built in 1993 with about 67 years remaining on its 99-year lease. At $500,000, its median sits roughly in line with the Choa Chu Kang town median. It has a relatively light resale record, with 16 transactions since 2017 across 4 room, 5 room flats priced from $395,888 to $662,000. The most recent transaction was a 4 room flat on storeys 13 TO 15 at $530,000 in Oct 2024, and the median works out to $4,556/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9028, equivalent to roughly 0.38% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 248 Choa Chu Kang Avenue 2 worth?
The most recent resale transaction at Block 248 Choa Chu Kang Avenue 2 was $530,000 for a 4 room flat in 2024-10. The median price per square metre across all flat types is $4,556, based on 16 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 248 Choa Chu Kang Avenue 2?
Block 248 Choa Chu Kang Avenue 2 was built in 1993 and has approximately 67 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.38%, meaning the leasehold value decreases by approximately 0.38% per year at the current remaining lease.
What flat types are available at Block 248 Choa Chu Kang Avenue 2?
Block 248 Choa Chu Kang Avenue 2 in Choa Chu Kang contains 4 room, 5 room flats. Resale prices range from $395,888 to $662,000 based on historical transaction records from data.gov.sg.