Block 516 Choa Chu Kang Street 51

4 Room · 5 Room · Built 1995 · 69 years remaining lease MOP Cleared
Latest Sale
$530,000
May 2025 · 4 ROOM · #07-09
Median $/sqm
$3,189
Based on 15 transactions
Total Transactions
15
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 69 years remaining 99 years
69 years 4 months
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.35%/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 2025 07 TO 09 4 ROOM 106 sqm $530,000 $5,000
Feb 2025 04 TO 06 5 ROOM 133 sqm $680,000 $5,113
Feb 2025 13 TO 15 5 ROOM 123 sqm $680,000 $5,528
Dec 2024 13 TO 15 5 ROOM 123 sqm $665,000 $5,407
Sep 2022 10 TO 12 5 ROOM 125 sqm $580,000 $4,640
Mar 2022 07 TO 09 4 ROOM 104 sqm $415,000 $3,990
Feb 2020 10 TO 12 4 ROOM 106 sqm $330,000 $3,113
Feb 2020 07 TO 09 4 ROOM 104 sqm $338,000 $3,250
Jan 2020 10 TO 12 4 ROOM 106 sqm $338,000 $3,189
Jul 2019 04 TO 06 5 ROOM 133 sqm $410,000 $3,083
Jun 2018 07 TO 09 4 ROOM 104 sqm $320,000 $3,077
Feb 2018 01 TO 03 4 ROOM 106 sqm $315,000 $2,972
Jan 2018 07 TO 09 4 ROOM 106 sqm $320,000 $3,019
May 2017 01 TO 03 5 ROOM 123 sqm $362,000 $2,943
Feb 2017 13 TO 15 5 ROOM 123 sqm $375,000 $3,049
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 516 Choa Chu Kang Street 51

Block 516 at Choa Chu Kang Street 51 is a residential HDB block in Choa Chu Kang, Singapore, built in 1995 with approximately 69 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $315,000 to $680,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $530,000 in 2025-05. The current median price per square metre is $3,189. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9079, with an annual lease decay rate of approximately 0.35%. 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 516 Choa Chu Kang Street 51 worth?

The most recent resale transaction at Block 516 Choa Chu Kang Street 51 was $530,000 for a 4 room flat in 2025-05. The median price per square metre across all flat types is $3,189, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 516 Choa Chu Kang Street 51?

Block 516 Choa Chu Kang Street 51 was built in 1995 and has approximately 69 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 516 Choa Chu Kang Street 51?

Block 516 Choa Chu Kang Street 51 in Choa Chu Kang contains 4 room, 5 room flats. Resale prices range from $315,000 to $680,000 based on historical transaction records from data.gov.sg.

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