Block 48 Circuit Road

3 Room · Built 1969 · 42 years remaining lease MOP Cleared
Latest Sale
$328,000
Dec 2025 · 3 ROOM · #01-03
Median $/sqm
$4,333
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
▲ +36.1%
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 42 years remaining 99 years
42 years 2 months
Remaining lease
↓ 1.07%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 42 years remaining, decay is accelerating (~1.07%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
All Transactions
Date Floor Type Area Price $/sqm
Dec 2025 01 TO 03 3 ROOM 59 sqm $328,000 $5,559
Sep 2025 01 TO 03 3 ROOM 59 sqm $337,000 $5,712
Apr 2025 07 TO 09 3 ROOM 60 sqm $355,000 $5,917
Jan 2025 01 TO 03 3 ROOM 60 sqm $345,000 $5,750
Oct 2024 01 TO 03 3 ROOM 60 sqm $320,000 $5,333
Aug 2024 01 TO 03 3 ROOM 60 sqm $318,000 $5,300
Jul 2024 07 TO 09 3 ROOM 60 sqm $350,000 $5,833
Nov 2023 04 TO 06 3 ROOM 60 sqm $305,000 $5,083
May 2023 04 TO 06 3 ROOM 60 sqm $335,000 $5,583
Jan 2022 01 TO 03 3 ROOM 59 sqm $265,000 $4,492
Jul 2021 07 TO 09 3 ROOM 60 sqm $260,000 $4,333
Apr 2021 07 TO 09 3 ROOM 60 sqm $250,000 $4,167
Feb 2021 01 TO 03 3 ROOM 60 sqm $239,000 $3,983
Feb 2021 07 TO 09 3 ROOM 60 sqm $251,000 $4,183
Jun 2020 01 TO 03 3 ROOM 60 sqm $222,000 $3,700
Mar 2020 10 TO 12 3 ROOM 60 sqm $230,000 $3,833
Nov 2019 04 TO 06 3 ROOM 60 sqm $232,000 $3,867
Aug 2019 04 TO 06 3 ROOM 60 sqm $220,000 $3,667
Apr 2019 01 TO 03 3 ROOM 60 sqm $235,000 $3,917
Oct 2018 07 TO 09 3 ROOM 60 sqm $260,000 $4,333
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 48 Circuit Road

Block 48 at Circuit Road is a residential HDB block in Geylang, Singapore, built in 1969 with approximately 42 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $220,000 to $355,000 based on 26 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $328,000 in 2025-12. The current median price per square metre is $4,333. Over the past five years, resale prices at this block have increased by approximately 36.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7656, with an annual lease decay rate of approximately 1.07%. 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 48 Circuit Road worth?

The most recent resale transaction at Block 48 Circuit Road was $328,000 for a 3 room flat in 2025-12. The median price per square metre across all flat types is $4,333, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 48 Circuit Road?

Block 48 Circuit Road was built in 1969 and has approximately 42 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 1.07%, meaning the leasehold value decreases by approximately 1.07% per year at the current remaining lease.

What flat types are available at Block 48 Circuit Road?

Block 48 Circuit Road in Geylang contains 3 room flats. Resale prices range from $220,000 to $355,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 48 Circuit Road gone up or down?

Resale prices at Block 48 Circuit Road have increased by approximately 36.1% over the past five years. The current median price is $260,000, with the most recent sale at $328,000 in 2025-12.

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