Block 489C Choa Chu Kang Avenue 5

4 Room · 5 Room · Built 2016 · 89 years remaining lease MOP Cleared
Latest Sale
$550,000
Sep 2025 · 4 ROOM · #01-03
Median $/sqm
$5,215
Based on 31 transactions
Total Transactions
31
Since Jan 2017
5-Year Trend
▲ +32.4%
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 01 TO 03 4 ROOM 93 sqm $550,000 $5,914
May 2025 10 TO 12 4 ROOM 93 sqm $600,000 $6,452
May 2025 10 TO 12 4 ROOM 93 sqm $588,000 $6,323
Jan 2025 10 TO 12 4 ROOM 93 sqm $590,000 $6,344
Dec 2024 01 TO 03 4 ROOM 93 sqm $540,000 $5,806
Aug 2024 04 TO 06 4 ROOM 93 sqm $538,000 $5,785
May 2024 01 TO 03 4 ROOM 93 sqm $510,000 $5,484
Jan 2024 01 TO 03 4 ROOM 93 sqm $515,000 $5,538
Jun 2023 07 TO 09 4 ROOM 93 sqm $520,000 $5,591
Jan 2023 01 TO 03 5 ROOM 113 sqm $580,000 $5,133
Dec 2022 07 TO 09 4 ROOM 93 sqm $525,000 $5,645
Nov 2022 13 TO 15 4 ROOM 93 sqm $533,000 $5,731
Oct 2022 04 TO 06 4 ROOM 93 sqm $505,000 $5,430
Jun 2022 10 TO 12 4 ROOM 93 sqm $510,000 $5,484
May 2022 07 TO 09 4 ROOM 93 sqm $495,000 $5,323
Mar 2022 10 TO 12 4 ROOM 93 sqm $485,000 $5,215
Mar 2022 01 TO 03 5 ROOM 113 sqm $540,000 $4,779
Feb 2022 13 TO 15 4 ROOM 93 sqm $500,000 $5,376
Dec 2021 04 TO 06 4 ROOM 93 sqm $468,000 $5,032
Aug 2021 01 TO 03 4 ROOM 93 sqm $425,000 $4,570
Showing 20 of 31 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 489C Choa Chu Kang Avenue 5

Block 489C 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 $418,000 to $600,000 based on 31 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $550,000 in 2025-09. The current median price per square metre is $5,215. Over the past five years, resale prices at this block have increased by approximately 32.4%. 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 489C Choa Chu Kang Avenue 5 worth?

The most recent resale transaction at Block 489C Choa Chu Kang Avenue 5 was $550,000 for a 4 room flat in 2025-09. The median price per square metre across all flat types is $5,215, based on 31 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 489C Choa Chu Kang Avenue 5?

Block 489C 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 489C Choa Chu Kang Avenue 5?

Block 489C Choa Chu Kang Avenue 5 in Choa Chu Kang contains 4 room, 5 room flats. Resale prices range from $418,000 to $600,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 489C Choa Chu Kang Avenue 5 gone up or down?

Resale prices at Block 489C Choa Chu Kang Avenue 5 have increased by approximately 32.4% over the past five years. The current median price is $510,000, with the most recent sale at $550,000 in 2025-09.

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