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Block 294 Choa Chu Kang Avenue 2

4 Room · Built 1990 · 63 years remaining lease · Updated Aug 2025 MOP Cleared

Block 294 Choa Chu Kang Avenue 2 has 23 recorded HDB resale transactions since 2017. Latest sale: $545,000 (Aug 2025, 4 room, floors 01–03). Median $3,760/sqm. Prices up 39.4% over the past five years. Built 1990, 63 years lease remaining.

Latest Sale
$545,000
Aug 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$3,760
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +39.4%
Median price change
Median Price ?
Top 91%
#471 / 518 Top 91%
Latest Sale ?
Top 71%
#366 / 518 Top 71%
Value ($/sqm) ?
Top 87%
#449 / 518 Top 87%
5-Year Growth ?
Top 15%
#55 / 366 Top 15%
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
+6.9%/yr
vs
Lease Decay
−0.44%/yr
Growth assumption
Based on this block’s +39.4% 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 63 years remaining 99 years
63 years 10 months
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/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 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
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 3 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
3 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 294 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.

See all HDB blocks in Choa Chu Kang
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 01 TO 03 4 ROOM 104 sqm $545,000 $5,240
Sep 2024 16 TO 18 4 ROOM 104 sqm $545,000 $5,240
Aug 2024 04 TO 06 4 ROOM 104 sqm $515,888 $4,960
Jul 2024 04 TO 06 4 ROOM 103 sqm $530,000 $5,146
May 2024 04 TO 06 4 ROOM 104 sqm $490,000 $4,712
May 2024 04 TO 06 4 ROOM 104 sqm $495,000 $4,760
Feb 2024 10 TO 12 4 ROOM 104 sqm $508,000 $4,885
Aug 2023 04 TO 06 4 ROOM 102 sqm $475,000 $4,657
Nov 2022 04 TO 06 4 ROOM 114 sqm $500,000 $4,386
Jul 2022 01 TO 03 4 ROOM 104 sqm $449,000 $4,317
Jul 2022 07 TO 09 4 ROOM 113 sqm $450,000 $3,982
Dec 2021 01 TO 03 4 ROOM 104 sqm $391,000 $3,760
Jan 2020 01 TO 03 4 ROOM 104 sqm $305,000 $2,933
Jan 2020 13 TO 15 4 ROOM 103 sqm $352,888 $3,426
Jan 2020 04 TO 06 4 ROOM 103 sqm $340,000 $3,301
Oct 2019 10 TO 12 4 ROOM 104 sqm $330,000 $3,173
Sep 2019 04 TO 06 4 ROOM 102 sqm $348,000 $3,412
Jul 2019 10 TO 12 4 ROOM 104 sqm $344,888 $3,316
May 2019 04 TO 06 4 ROOM 104 sqm $318,000 $3,058
Dec 2018 01 TO 03 4 ROOM 104 sqm $315,000 $3,029
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 294 Choa Chu Kang Avenue 2

Block 294 Choa Chu Kang Avenue 2 is one of the more affordable HDB blocks in Choa Chu Kang, with a median of $391,000 below most of the town. It has a regular flow of resale activity, with 23 transactions since 2017 across 4 room flats priced from $305,000 to $545,000. The most recent transaction was a 4 room flat on storeys 01 TO 03 at $545,000 in Aug 2025, and the median works out to $3,760/sqm. Over five years, prices here are up about 39.4%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8887, an annual lease decay of about 0.44%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 294 Choa Chu Kang Avenue 2 worth?

The most recent resale transaction at Block 294 Choa Chu Kang Avenue 2 was $545,000 for a 4 room flat in 2025-08. The median price per square metre across all flat types is $3,760, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 294 Choa Chu Kang Avenue 2?

Block 294 Choa Chu Kang Avenue 2 was built in 1990 and has approximately 63 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 294 Choa Chu Kang Avenue 2?

Block 294 Choa Chu Kang Avenue 2 in Choa Chu Kang contains 4 room flats. Resale prices range from $305,000 to $545,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 294 Choa Chu Kang Avenue 2 gone up or down?

Resale prices at Block 294 Choa Chu Kang Avenue 2 have increased by approximately 39.4% over the past five years. The current median price is $391,000, with the most recent sale at $545,000 in 2025-08.

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