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Block 129 Clarence Lane

4 Room · Built 1996 · 68 years remaining lease · Updated Oct 2026 MOP Cleared

Block 129 Clarence Lane has 25 recorded HDB resale transactions since 2017. Latest sale: $1,159,000 (Oct 2026, 4 room, floors 19–21). Median $7,933/sqm. Prices up 18.9% over the past five years. Built 1996, 68 years lease remaining.

Blk 129 at $820K sits 12% above Queenstown's $734K town median, pricier than 71% of its 201 priced blocks. See all HDB prices in Queenstown →

How this block compares

  • 4 Room$1,054,500
    +2.4%vs town(+$25k)+67.4%vs national(+$425k)

Median of resales in the 12 months to Oct 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
$1,159,000
Oct 2026 · 4 ROOM · Floor 19-21
Median $/sqm
$7,933
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
▲ +18.9%
Median price change
Median Price ?
Top 30%
#60 / 201 Top 30%
Latest Sale ?
Top 13%
#26 / 201 Top 13%
Value ($/sqm) ?
Top 34%
#68 / 201 Top 34%
5-Year Growth ?
Top 71%
#107 / 150 Top 71%
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
+3.5%/yr
vs
▼
Lease Decay
−0.36%/yr
Growth assumption
Based on this block’s +18.9% 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 68 years remaining 99 years
68 years 11 months
Remaining lease
↓ 0.36%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.36%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
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
4-Room $4,200 typically $4,050–$4,350 4.8% 8 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 129 Clarence Lane in Queenstown, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Queenstown
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
Oct 2026 19 TO 21 4 ROOM 104 sqm $1,159,000 $11,144
May 2026 16 TO 18 4 ROOM 104 sqm $950,000 $9,135
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
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 129 Clarence Lane

A flat at Block 129 Clarence Lane in Queenstown has reached $1,159,000 (Oct 2026), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 12% above the Queenstown median, ahead of around 71% of the town's blocks. It has a regular flow of resale activity, with 25 transactions since 2017 across 4 room flats priced from $680,000 to $1,159,000. The most recent transaction was a 4 room flat on storeys 19 TO 21 at $1,159,000 in Oct 2026, and the median works out to $7,933/sqm. Floor level matters here: units on the higher 16 TO 18 band have sold around 18% above those on the 01 TO 03 band. Over five years, prices here are up about 18.9%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9066, equivalent to roughly 0.36% of lease-value decay a year. All transaction data is sourced from data.gov.sg and 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 $1,159,000 for a 4 room flat in 2026-10. The median price per square metre across all flat types is $7,933, based on 25 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 68 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.36%, meaning the leasehold value decreases by approximately 0.36% 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 $1,159,000 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 18.9% over the past five years. The current median price is $820,000, with the most recent sale at $1,159,000 in 2026-10.

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