Block 344 Choa Chu Kang Loop

5 Room · Built 1993 · 68 years remaining lease MOP Cleared
Latest Sale
$700,000
May 2024 · 5 ROOM · #07-09
Median $/sqm
$4,278
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
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Insufficient data
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 68 years remaining 99 years
68 years 2 months
Remaining lease
↓ 0.37%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.37%/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
May 2024 07 TO 09 5 ROOM 124 sqm $700,000 $5,645
Jun 2023 01 TO 03 5 ROOM 133 sqm $695,000 $5,226
Aug 2020 13 TO 15 5 ROOM 124 sqm $536,000 $4,323
Mar 2020 01 TO 03 5 ROOM 133 sqm $470,000 $3,534
Jan 2020 10 TO 12 5 ROOM 133 sqm $515,000 $3,872
Apr 2017 10 TO 12 5 ROOM 124 sqm $525,000 $4,234
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 344 Choa Chu Kang Loop

Block 344 at Choa Chu Kang Loop is a residential HDB block in Choa Chu Kang, Singapore, built in 1993 with approximately 68 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $470,000 to $700,000 based on 6 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $700,000 in 2024-05. The current median price per square metre is $4,278. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9042, with an annual lease decay rate of approximately 0.37%. 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 344 Choa Chu Kang Loop worth?

The most recent resale transaction at Block 344 Choa Chu Kang Loop was $700,000 for a 5 room flat in 2024-05. The median price per square metre across all flat types is $4,278, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 344 Choa Chu Kang Loop?

Block 344 Choa Chu Kang Loop was built in 1993 and has approximately 68 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 344 Choa Chu Kang Loop?

Block 344 Choa Chu Kang Loop in Choa Chu Kang contains 5 room flats. Resale prices range from $470,000 to $700,000 based on historical transaction records from data.gov.sg.

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