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Block 89 Commonwealth Drive

2 Room · 3 Room · Built 1967 · 40 years remaining lease · Updated Oct 2025 MOP Cleared

Block 89 Commonwealth Drive has 19 recorded HDB resale transactions since 2017. Latest sale: $375,000 (Oct 2025, 3 room, floors 07–09). Median $4,914/sqm. Prices up 38.9% over the past five years. Built 1967, 40 years lease remaining.

Latest Sale
$375,000
Oct 2025 · 3 ROOM · Floor 07-09
Median $/sqm
$4,914
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
▲ +38.9%
Median price change
Median Price ?
Top 95%
#186 / 195 Top 95%
Latest Sale ?
Top 77%
#151 / 195 Top 77%
Value ($/sqm) ?
Top 93%
#181 / 195 Top 93%
5-Year Growth ?
Top 7%
#10 / 142 Top 7%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.8%/yr
vs
Lease Decay
−1.16%/yr
Growth assumption
Based on this block’s +38.9% growth over 5 years
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 40 years remaining 99 years
40 years 4 months
Remaining lease
↓ 1.16%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 40 years remaining, decay is accelerating (~1.16%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
Rental & Yield

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 $2,675 typically $2,350–$2,950 8.2% 8 rentals here
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 89 Commonwealth Drive 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
Oct 2025 07 TO 09 3 ROOM 60 sqm $375,000 $6,250
Jul 2025 07 TO 09 3 ROOM 69 sqm $408,000 $5,913
Jun 2025 04 TO 06 3 ROOM 60 sqm $375,000 $6,250
Sep 2024 01 TO 03 3 ROOM 69 sqm $372,000 $5,391
May 2024 07 TO 09 3 ROOM 69 sqm $405,000 $5,870
Feb 2024 01 TO 03 3 ROOM 60 sqm $325,000 $5,417
May 2022 04 TO 06 3 ROOM 60 sqm $320,000 $5,333
Feb 2022 07 TO 09 3 ROOM 69 sqm $335,000 $4,855
May 2021 10 TO 12 3 ROOM 60 sqm $270,000 $4,500
Nov 2020 01 TO 03 2 ROOM 48 sqm $243,000 $5,063
Mar 2020 04 TO 06 3 ROOM 68 sqm $245,000 $3,603
Oct 2019 04 TO 06 3 ROOM 60 sqm $250,000 $4,167
Oct 2018 01 TO 03 3 ROOM 60 sqm $270,000 $4,500
Jul 2018 04 TO 06 3 ROOM 60 sqm $285,000 $4,750
Jan 2018 07 TO 09 3 ROOM 69 sqm $320,000 $4,638
Sep 2017 01 TO 03 3 ROOM 58 sqm $285,000 $4,914
Aug 2017 07 TO 09 2 ROOM 48 sqm $235,000 $4,896
Jul 2017 04 TO 06 2 ROOM 48 sqm $240,000 $5,000
Apr 2017 04 TO 06 2 ROOM 48 sqm $217,000 $4,521
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 89 Commonwealth Drive

Block 89 Commonwealth Drive is an ageing-lease HDB block in Queenstown, built in 1967 with about 40 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 60% below the Queenstown median, cheaper than about 95% of the town's blocks. It has a relatively light resale record, with 19 transactions since 2017 across 2 room, 3 room flats priced from $217,000 to $408,000. The most recent transaction was a 3 room flat on storeys 07 TO 09 at $375,000 in Oct 2025, and the median works out to $4,914/sqm. Floor level matters here: units on the higher 07 TO 09 band have sold around 23% above those on the 01 TO 03 band. Over five years, prices here are up about 38.9%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 89 Commonwealth Drive worth?

The most recent resale transaction at Block 89 Commonwealth Drive was $375,000 for a 3 room flat in 2025-10. The median price per square metre across all flat types is $4,914, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 89 Commonwealth Drive?

Block 89 Commonwealth Drive was built in 1967 and has approximately 40 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 1.16%, meaning the leasehold value decreases by approximately 1.16% per year at the current remaining lease.

What flat types are available at Block 89 Commonwealth Drive?

Block 89 Commonwealth Drive in Queenstown contains 2 room, 3 room flats. Resale prices range from $217,000 to $408,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 89 Commonwealth Drive gone up or down?

Resale prices at Block 89 Commonwealth Drive have increased by approximately 38.9% over the past five years. The current median price is $285,000, with the most recent sale at $375,000 in 2025-10.

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