Block 86 Commonwealth Close

2 Room · 3 Room · Built 1967 · 41 years remaining lease MOP Cleared
Latest Sale
$380,000
Oct 2024 · 3 ROOM · #01-03
Median $/sqm
$4,922
Based on 18 transactions
Total Transactions
18
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 41 years remaining 99 years
41 years 4 months
Remaining lease
↓ 1.11%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 41 years remaining, decay is accelerating (~1.11%/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
Oct 2024 01 TO 03 3 ROOM 60 sqm $380,000 $6,333
Apr 2024 01 TO 03 3 ROOM 58 sqm $365,000 $6,293
Jun 2023 07 TO 09 2 ROOM 46 sqm $261,000 $5,674
Nov 2022 10 TO 12 3 ROOM 58 sqm $362,000 $6,241
Jan 2022 07 TO 09 3 ROOM 58 sqm $315,000 $5,431
Nov 2021 04 TO 06 3 ROOM 58 sqm $288,000 $4,966
Jul 2021 07 TO 09 2 ROOM 46 sqm $230,000 $5,000
Aug 2020 07 TO 09 3 ROOM 58 sqm $240,000 $4,138
Jan 2020 07 TO 09 3 ROOM 58 sqm $258,000 $4,448
Apr 2019 01 TO 03 2 ROOM 46 sqm $196,000 $4,261
Nov 2018 01 TO 03 3 ROOM 58 sqm $235,000 $4,052
Nov 2018 01 TO 03 3 ROOM 58 sqm $268,000 $4,621
Sep 2018 07 TO 09 3 ROOM 66 sqm $298,000 $4,515
Jun 2018 04 TO 06 3 ROOM 58 sqm $283,000 $4,879
Jan 2018 01 TO 03 3 ROOM 58 sqm $270,000 $4,655
Aug 2017 04 TO 06 3 ROOM 58 sqm $305,000 $5,259
Mar 2017 07 TO 09 2 ROOM 46 sqm $208,000 $4,522
Jan 2017 04 TO 06 3 ROOM 69 sqm $398,000 $5,768
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 86 Commonwealth Close

Block 86 at Commonwealth Close is a residential HDB block in Queenstown, Singapore, built in 1967 with approximately 41 years remaining on its 99-year lease. The block contains 2 room, 3 room flats, with resale prices ranging from $196,000 to $398,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $380,000 in 2024-10. The current median price per square metre is $4,922. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7588, with an annual lease decay rate of approximately 1.11%. 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 86 Commonwealth Close worth?

The most recent resale transaction at Block 86 Commonwealth Close was $380,000 for a 3 room flat in 2024-10. The median price per square metre across all flat types is $4,922, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 86 Commonwealth Close?

Block 86 Commonwealth Close was built in 1967 and has approximately 41 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.11%, meaning the leasehold value decreases by approximately 1.11% per year at the current remaining lease.

What flat types are available at Block 86 Commonwealth Close?

Block 86 Commonwealth Close in Queenstown contains 2 room, 3 room flats. Resale prices range from $196,000 to $398,000 based on historical transaction records from data.gov.sg.

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