Block 488C Choa Chu Kang Avenue 5

4 Room · 5 Room · Built 2016 · 89 years remaining lease MOP Cleared
Latest Sale
$708,888
Sep 2025 · 5 ROOM · #07-09
Median $/sqm
$5,221
Based on 31 transactions
Total Transactions
31
Since Jan 2017
5-Year Trend
▲ +47.9%
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 89 years remaining 99 years
89 years 9 months
Remaining lease
↓ 0.17%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 89 years remaining, decay is gradual (~0.17%/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
Sep 2025 07 TO 09 5 ROOM 113 sqm $708,888 $6,273
May 2025 04 TO 06 5 ROOM 113 sqm $679,000 $6,009
Apr 2025 07 TO 09 5 ROOM 113 sqm $720,888 $6,380
Jan 2025 04 TO 06 4 ROOM 93 sqm $579,000 $6,226
Jan 2025 01 TO 03 4 ROOM 93 sqm $565,000 $6,075
Oct 2024 04 TO 06 4 ROOM 93 sqm $560,888 $6,031
Nov 2023 10 TO 12 4 ROOM 93 sqm $546,888 $5,881
Oct 2023 07 TO 09 4 ROOM 93 sqm $558,888 $6,010
Jul 2023 07 TO 09 4 ROOM 93 sqm $555,000 $5,968
Jan 2023 04 TO 06 4 ROOM 93 sqm $505,000 $5,430
Jan 2023 04 TO 06 5 ROOM 113 sqm $590,000 $5,221
May 2022 10 TO 12 5 ROOM 113 sqm $586,888 $5,194
Feb 2022 07 TO 09 4 ROOM 93 sqm $495,000 $5,323
Jan 2022 07 TO 09 4 ROOM 93 sqm $490,000 $5,269
Dec 2021 07 TO 09 4 ROOM 93 sqm $488,000 $5,247
Nov 2021 01 TO 03 4 ROOM 93 sqm $455,000 $4,892
Sep 2021 01 TO 03 4 ROOM 93 sqm $450,000 $4,839
Aug 2021 10 TO 12 5 ROOM 113 sqm $590,000 $5,221
Jul 2021 07 TO 09 4 ROOM 93 sqm $459,000 $4,935
Jul 2021 07 TO 09 4 ROOM 93 sqm $477,000 $5,129
Showing 20 of 31 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 488C Choa Chu Kang Avenue 5

Block 488C at Choa Chu Kang Avenue 5 is a residential HDB block in Choa Chu Kang, Singapore, built in 2016 with approximately 89 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $370,000 to $720,888 based on 31 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $708,888 in 2025-09. The current median price per square metre is $5,221. Over the past five years, resale prices at this block have increased by approximately 47.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9544, with an annual lease decay rate of approximately 0.17%. 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 488C Choa Chu Kang Avenue 5 worth?

The most recent resale transaction at Block 488C Choa Chu Kang Avenue 5 was $708,888 for a 5 room flat in 2025-09. The median price per square metre across all flat types is $5,221, based on 31 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 488C Choa Chu Kang Avenue 5?

Block 488C Choa Chu Kang Avenue 5 was built in 2016 and has approximately 89 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 0.17%, meaning the leasehold value decreases by approximately 0.17% per year at the current remaining lease.

What flat types are available at Block 488C Choa Chu Kang Avenue 5?

Block 488C Choa Chu Kang Avenue 5 in Choa Chu Kang contains 4 room, 5 room flats. Resale prices range from $370,000 to $720,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 488C Choa Chu Kang Avenue 5 gone up or down?

Resale prices at Block 488C Choa Chu Kang Avenue 5 have increased by approximately 47.9% over the past five years. The current median price is $495,000, with the most recent sale at $708,888 in 2025-09.

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