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Block 98 Commonwealth Crescent

2 Room · 3 Room · 4 Room · Built 1970 · 44 years remaining lease · Updated Nov 2024 MOP Cleared

Block 98 Commonwealth Crescent has 16 recorded HDB resale transactions since 2017. Latest sale: $330,000 (Nov 2024, 3 room, floors 01–03). Median $5,000/sqm. Built 1970, 44 years lease remaining.

Latest Sale
$330,000
Nov 2024 · 3 ROOM · Floor 01-03
Median $/sqm
$5,000
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 84%
#164 / 195 Top 84%
Latest Sale ?
Top 92%
#180 / 195 Top 92%
Value ($/sqm) ?
Top 87%
#169 / 195 Top 87%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.96%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 44 years remaining 99 years
44 years 9 months
Remaining lease
↓ 0.96%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 44 years remaining, decay is gradual (~0.96%/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). This block has too few rentals on record, so figures shown are the Queenstown average.

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 $3,000 typically $2,800–$3,300 8.1% Queenstown avg · block too thin
4-Room $4,150 typically $3,750–$4,400 5% Queenstown avg · block too thin
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 1 popular school. 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
1 school 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 98 Commonwealth Crescent 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
Nov 2024 01 TO 03 3 ROOM 59 sqm $330,000 $5,593
Sep 2024 04 TO 06 3 ROOM 59 sqm $340,000 $5,763
Oct 2023 01 TO 03 3 ROOM 59 sqm $310,000 $5,254
Sep 2023 04 TO 06 4 ROOM 132 sqm $780,000 $5,909
Aug 2023 04 TO 06 2 ROOM 47 sqm $250,000 $5,319
Apr 2023 07 TO 09 3 ROOM 59 sqm $320,000 $5,424
Jan 2023 04 TO 06 3 ROOM 67 sqm $330,000 $4,925
Jan 2022 01 TO 03 3 ROOM 59 sqm $295,000 $5,000
Nov 2021 07 TO 09 3 ROOM 59 sqm $295,000 $5,000
Aug 2021 07 TO 09 3 ROOM 59 sqm $315,000 $5,339
Aug 2020 10 TO 12 3 ROOM 68 sqm $325,000 $4,779
Jul 2019 04 TO 06 3 ROOM 59 sqm $260,000 $4,407
Aug 2018 04 TO 06 3 ROOM 67 sqm $330,000 $4,925
Mar 2018 07 TO 09 3 ROOM 59 sqm $250,000 $4,237
Jan 2018 04 TO 06 3 ROOM 59 sqm $243,000 $4,119
Mar 2017 04 TO 06 3 ROOM 68 sqm $335,000 $4,926
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 98 Commonwealth Crescent

Block 98 Commonwealth Crescent in Queenstown dates to 1970 and now has roughly 44 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 56% below the Queenstown median, cheaper than about 84% 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 $243,000 to $780,000. The most recent transaction was a 3 room flat on storeys 01 TO 03 at $330,000 in Nov 2024, and the median works out to $5,000/sqm. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 98 Commonwealth Crescent worth?

The most recent resale transaction at Block 98 Commonwealth Crescent was $330,000 for a 3 room flat in 2024-11. The median price per square metre across all flat types is $5,000, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 98 Commonwealth Crescent?

Block 98 Commonwealth Crescent was built in 1970 and has approximately 44 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.96%, meaning the leasehold value decreases by approximately 0.96% per year at the current remaining lease.

What flat types are available at Block 98 Commonwealth Crescent?

Block 98 Commonwealth Crescent in Queenstown contains 2 room, 3 room, 4 room flats. Resale prices range from $243,000 to $780,000 based on historical transaction records from data.gov.sg.

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