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Block 48 Circuit Road

3 Room · Built 1969 · 42 years remaining lease · Updated Dec 2025 MOP Cleared

Block 48 Circuit Road has 26 recorded HDB resale transactions since 2017. Latest sale: $328,000 (Dec 2025, 3 room, floors 01–03). Median $4,333/sqm. Prices up 36.1% over the past five years. Built 1969, 42 years lease remaining.

How this block compares

  • 3 Room$332,500
    −11.1%vs town(−$42k)−25.3%vs national(−$113k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$328,000
Dec 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$4,333
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
▲ +36.1%
Median price change
Median Price ?
Top 94%
#237 / 253 Top 94%
Latest Sale ?
Top 87%
#221 / 253 Top 87%
Value ($/sqm) ?
Top 95%
#240 / 253 Top 95%
5-Year Growth ?
Top 32%
#60 / 187 Top 32%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.4%/yr
vs
Lease Decay
−1.07%/yr
Growth assumption
Based on this block’s +36.1% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,800 typically $2,800–$2,900 10.1% 14 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 48 Circuit Road in Geylang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Geylang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
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 Circuit Road is an ageing-lease HDB block in Geylang, built in 1969 with about 42 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 45% below the Geylang median, cheaper than about 92% of the town's blocks. It has a regular flow of resale activity, with 26 transactions since 2017 across 3 room flats priced from $220,000 to $355,000. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $328,000 in Dec 2025, and the median works out to $4,333/sqm. Over five years, prices here are up about 36.1%. All transaction data is sourced from data.gov.sg and 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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