Block 88 Commonwealth Close
Block 88 Commonwealth Close has 16 recorded HDB resale transactions since 2017. Latest sale: $350,000 (Mar 2025, 3 room, floors 01–03). Median $5,059/sqm. Prices up 25.9% over the past five years. Built 1967, 40 years lease remaining.
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 |
|---|---|---|---|
| 2-Room | $2,500 typically $2,100–$2,800 | 9.8% | Queenstown avg · block too thin |
| 3-Room | $3,100 typically $3,050–$3,150 | 10.6% | 7 rentals here |
| 4-Room | $4,150 typically $3,750–$4,400 | 5% | Queenstown avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- 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.
Other HDB blocks closest to Block 88 Commonwealth Close in Queenstown, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| 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 |
About Block 88 Commonwealth Close
Block 88 Commonwealth Close in Queenstown dates to 1967 and now has roughly 40 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 57% below the Queenstown median, cheaper than about 87% of the town's blocks. It has a relatively light resale record, with 16 transactions since 2017 across 2 room, 3 room, 4 room flats priced from $200,000 to $800,000. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $350,000 in Mar 2025, and the median works out to $5,059/sqm. Higher floors carry a premium, with the 07 TO 09 band trading roughly 15% above the 01 TO 03 band. Over five years, prices here are up about 25.9%. All transaction data is sourced from data.gov.sg and 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 25.9% over the past five years. The current median price is $307,500, with the most recent sale at $350,000 in 2025-03.