Block 88 Commonwealth Close

2 Room · 3 Room · 4 Room · Built 1967 · 40 years remaining lease MOP Cleared
Latest Sale
$350,000
Mar 2025 · 3 ROOM · #01-03
Median $/sqm
$5,059
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
▲ +106.8%
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 40 years remaining 99 years
40 years 11 months
Remaining lease
↓ 1.13%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 40 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
Mar 2025 01 TO 03 3 ROOM 58 sqm $350,000 $6,034
Jan 2025 01 TO 03 4 ROOM 127 sqm $800,000 $6,299
Jun 2024 07 TO 09 3 ROOM 58 sqm $368,000 $6,345
Feb 2022 04 TO 06 3 ROOM 69 sqm $355,000 $5,145
Nov 2021 01 TO 03 3 ROOM 58 sqm $278,000 $4,793
Jul 2021 07 TO 09 3 ROOM 69 sqm $329,000 $4,768
Jun 2021 01 TO 03 3 ROOM 66 sqm $268,000 $4,061
Dec 2020 04 TO 06 2 ROOM 46 sqm $210,000 $4,565
Dec 2020 04 TO 06 2 ROOM 46 sqm $200,000 $4,348
Oct 2020 07 TO 09 2 ROOM 46 sqm $239,000 $5,196
Sep 2019 07 TO 09 3 ROOM 58 sqm $233,000 $4,017
Feb 2019 01 TO 03 4 ROOM 127 sqm $650,000 $5,118
Oct 2018 10 TO 12 3 ROOM 58 sqm $290,000 $5,000
Apr 2018 01 TO 03 3 ROOM 58 sqm $290,000 $5,000
Dec 2017 07 TO 09 3 ROOM 58 sqm $328,000 $5,655
Mar 2017 07 TO 09 3 ROOM 58 sqm $325,000 $5,603
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 88 Commonwealth Close

Block 88 at Commonwealth Close is a residential HDB block in Queenstown, Singapore, built in 1967 with approximately 40 years remaining on its 99-year lease. The block contains 2 room, 3 room, 4 room flats, with resale prices ranging from $200,000 to $800,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $350,000 in 2025-03. The current median price per square metre is $5,059. Over the past five years, resale prices at this block have increased by approximately 106.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7553, 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 88 Commonwealth Close worth?

The most recent resale transaction at Block 88 Commonwealth Close was $350,000 for a 3 room flat in 2025-03. The median price per square metre across all flat types is $5,059, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 88 Commonwealth Close?

Block 88 Commonwealth Close was built in 1967 and has approximately 40 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 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 88 Commonwealth Close?

Block 88 Commonwealth Close in Queenstown contains 2 room, 3 room, 4 room flats. Resale prices range from $200,000 to $800,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 88 Commonwealth Close gone up or down?

Resale prices at Block 88 Commonwealth Close have increased by approximately 106.8% over the past five years. The current median price is $307,500, with the most recent sale at $350,000 in 2025-03.

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