Block 87 Commonwealth Close

2 Room · 3 Room · Built 1967 · 41 years remaining lease MOP Cleared
Latest Sale
$445,888
Jan 2025 · 3 ROOM · #04-06
Median $/sqm
$5,000
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +50.1%
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 41 years remaining 99 years
41 years 1 months
Remaining lease
↓ 1.13%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 41 years remaining, decay is accelerating (~1.13%/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
Jan 2025 04 TO 06 3 ROOM 69 sqm $445,888 $6,462
Nov 2024 01 TO 03 3 ROOM 58 sqm $368,000 $6,345
May 2024 07 TO 09 3 ROOM 58 sqm $355,000 $6,121
Sep 2023 01 TO 03 3 ROOM 58 sqm $308,000 $5,310
Jun 2023 04 TO 06 3 ROOM 58 sqm $305,000 $5,259
May 2022 07 TO 09 3 ROOM 58 sqm $290,000 $5,000
Feb 2022 01 TO 03 3 ROOM 63 sqm $280,000 $4,444
Jun 2021 01 TO 03 3 ROOM 58 sqm $297,000 $5,121
Mar 2021 04 TO 06 2 ROOM 46 sqm $243,000 $5,283
Mar 2021 10 TO 12 3 ROOM 58 sqm $298,000 $5,138
Jan 2020 04 TO 06 3 ROOM 58 sqm $230,000 $3,966
Dec 2019 01 TO 03 3 ROOM 58 sqm $260,000 $4,483
Dec 2019 04 TO 06 3 ROOM 58 sqm $240,000 $4,138
Aug 2019 01 TO 03 3 ROOM 58 sqm $275,000 $4,741
May 2019 01 TO 03 3 ROOM 69 sqm $268,000 $3,884
Feb 2019 04 TO 06 3 ROOM 58 sqm $255,888 $4,412
Dec 2018 10 TO 12 3 ROOM 58 sqm $285,000 $4,914
Nov 2018 07 TO 09 3 ROOM 58 sqm $255,000 $4,397
Oct 2018 10 TO 12 3 ROOM 66 sqm $300,000 $4,545
Nov 2017 07 TO 09 2 ROOM 46 sqm $230,000 $5,000
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 87 Commonwealth Close

Block 87 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 $230,000 to $445,888 based on 21 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $445,888 in 2025-01. The current median price per square metre is $5,000. Over the past five years, resale prices at this block have increased by approximately 50.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7567, with an annual lease decay rate of approximately 1.13%. 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 87 Commonwealth Close worth?

The most recent resale transaction at Block 87 Commonwealth Close was $445,888 for a 3 room flat in 2025-01. The median price per square metre across all flat types is $5,000, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 87 Commonwealth Close?

Block 87 Commonwealth Close was built in 1967 and has approximately 41 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.13%, meaning the leasehold value decreases by approximately 1.13% per year at the current remaining lease.

What flat types are available at Block 87 Commonwealth Close?

Block 87 Commonwealth Close in Queenstown contains 2 room, 3 room flats. Resale prices range from $230,000 to $445,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 87 Commonwealth Close gone up or down?

Resale prices at Block 87 Commonwealth Close have increased by approximately 50.1% over the past five years. The current median price is $285,000, with the most recent sale at $445,888 in 2025-01.

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