Block 129 Clarence Lane

4 Room · Built 1996 · 70 years remaining lease MOP Cleared
Latest Sale
$936,000
Feb 2025 · 4 ROOM · #01-03
Median $/sqm
$7,885
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +17.1%
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 70 years remaining 99 years
70 years 7 months
Remaining lease
↓ 0.34%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.34%/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
Feb 2025 01 TO 03 4 ROOM 105 sqm $936,000 $8,914
Sep 2024 13 TO 15 4 ROOM 104 sqm $980,000 $9,423
May 2024 13 TO 15 4 ROOM 103 sqm $988,000 $9,592
Apr 2024 01 TO 03 4 ROOM 104 sqm $880,888 $8,470
Feb 2024 16 TO 18 4 ROOM 105 sqm $1,000,000 $9,524
Sep 2023 07 TO 09 4 ROOM 104 sqm $875,000 $8,413
Mar 2023 16 TO 18 4 ROOM 104 sqm $890,000 $8,558
Feb 2023 01 TO 03 4 ROOM 103 sqm $735,000 $7,136
Sep 2022 10 TO 12 4 ROOM 104 sqm $820,000 $7,885
Jan 2022 16 TO 18 4 ROOM 103 sqm $845,000 $8,204
Jul 2021 10 TO 12 4 ROOM 104 sqm $808,000 $7,769
Apr 2021 07 TO 09 4 ROOM 104 sqm $835,000 $8,029
Mar 2021 13 TO 15 4 ROOM 105 sqm $790,000 $7,524
Feb 2021 01 TO 03 4 ROOM 103 sqm $780,000 $7,573
Aug 2019 16 TO 18 4 ROOM 104 sqm $768,000 $7,385
Aug 2019 10 TO 12 4 ROOM 105 sqm $800,000 $7,619
Jun 2019 07 TO 09 4 ROOM 104 sqm $808,000 $7,769
Apr 2019 01 TO 03 4 ROOM 104 sqm $680,000 $6,538
Nov 2018 19 TO 21 4 ROOM 104 sqm $825,000 $7,933
May 2018 01 TO 03 4 ROOM 104 sqm $700,000 $6,731
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 129 Clarence Lane

Block 129 at Clarence Lane is a residential HDB block in Queenstown, Singapore, built in 1996 with approximately 70 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $680,000 to $1,000,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $936,000 in 2025-02. The current median price per square metre is $7,885. Over the past five years, resale prices at this block have increased by approximately 17.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9118, with an annual lease decay rate of approximately 0.34%. 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 129 Clarence Lane worth?

The most recent resale transaction at Block 129 Clarence Lane was $936,000 for a 4 room flat in 2025-02. The median price per square metre across all flat types is $7,885, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 129 Clarence Lane?

Block 129 Clarence Lane was built in 1996 and has approximately 70 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.34%, meaning the leasehold value decreases by approximately 0.34% per year at the current remaining lease.

What flat types are available at Block 129 Clarence Lane?

Block 129 Clarence Lane in Queenstown contains 4 room flats. Resale prices range from $680,000 to $1,000,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 129 Clarence Lane gone up or down?

Resale prices at Block 129 Clarence Lane have increased by approximately 17.1% over the past five years. The current median price is $818,888, with the most recent sale at $936,000 in 2025-02.

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