Block 705 Choa Chu Kang Street 53

4 Room · 5 Room · Built 1995 · 69 years remaining lease MOP Cleared
Latest Sale
$528,888
Oct 2024 · 4 ROOM · #07-09
Median $/sqm
$4,432
Based on 11 transactions
Total Transactions
11
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 8 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
Oct 2024 07 TO 09 4 ROOM 109 sqm $528,888 $4,852
Jul 2024 07 TO 09 5 ROOM 132 sqm $620,000 $4,697
Mar 2024 10 TO 12 5 ROOM 137 sqm $640,000 $4,672
Feb 2024 04 TO 06 4 ROOM 114 sqm $510,000 $4,474
Apr 2023 07 TO 09 4 ROOM 114 sqm $510,000 $4,474
Dec 2022 01 TO 03 4 ROOM 109 sqm $470,000 $4,312
Jun 2022 10 TO 12 5 ROOM 132 sqm $585,000 $4,432
Mar 2021 07 TO 09 5 ROOM 121 sqm $455,000 $3,760
Feb 2020 07 TO 09 4 ROOM 109 sqm $329,000 $3,018
May 2019 04 TO 06 4 ROOM 114 sqm $330,000 $2,895
Sep 2017 10 TO 12 4 ROOM 109 sqm $355,000 $3,257
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 705 Choa Chu Kang Street 53

Block 705 at Choa Chu Kang Street 53 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 $329,000 to $640,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $528,888 in 2024-10. The current median price per square metre is $4,432. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9090, 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 705 Choa Chu Kang Street 53 worth?

The most recent resale transaction at Block 705 Choa Chu Kang Street 53 was $528,888 for a 4 room flat in 2024-10. The median price per square metre across all flat types is $4,432, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 705 Choa Chu Kang Street 53?

Block 705 Choa Chu Kang Street 53 was built in 1995 and has approximately 69 years and 8 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 705 Choa Chu Kang Street 53?

Block 705 Choa Chu Kang Street 53 in Choa Chu Kang contains 4 room, 5 room flats. Resale prices range from $329,000 to $640,000 based on historical transaction records from data.gov.sg.

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