Block 94 Commonwealth Drive

3 Room · Built 1967 · 41 years remaining lease MOP Cleared
Latest Sale
$310,000
May 2024 · 3 ROOM · #04-06
Median $/sqm
$5,208
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
--
Insufficient data
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
--
Future Value Projection
Estimated value in --
--
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.
Track this unit's value Get notified when new sales happen in Block 94
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 41 years remaining 99 years
41 years 9 months
Remaining lease
↓ 1.09%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 41 years remaining, decay is accelerating (~1.09%/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
May 2024 04 TO 06 3 ROOM 60 sqm $310,000 $5,167
May 2024 07 TO 09 3 ROOM 69 sqm $330,000 $4,783
May 2024 07 TO 09 3 ROOM 60 sqm $360,000 $6,000
Dec 2022 07 TO 09 3 ROOM 60 sqm $325,000 $5,417
Dec 2022 07 TO 09 3 ROOM 60 sqm $345,000 $5,750
Nov 2021 07 TO 09 3 ROOM 69 sqm $345,000 $5,000
Dec 2020 01 TO 03 3 ROOM 68 sqm $245,000 $3,603
Apr 2019 04 TO 06 3 ROOM 60 sqm $270,000 $4,500
Oct 2017 01 TO 03 3 ROOM 60 sqm $315,000 $5,250
Mar 2017 04 TO 06 3 ROOM 60 sqm $310,000 $5,167
Mar 2017 07 TO 09 3 ROOM 60 sqm $320,000 $5,333
Jan 2017 04 TO 06 3 ROOM 60 sqm $320,000 $5,333
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 94 Commonwealth Drive

Block 94 at Commonwealth Drive is a residential HDB block in Queenstown, Singapore, built in 1967 with approximately 41 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $245,000 to $360,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $310,000 in 2024-05. The current median price per square metre is $5,208. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7622, with an annual lease decay rate of approximately 1.09%. 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 94 Commonwealth Drive worth?

The most recent resale transaction at Block 94 Commonwealth Drive was $310,000 for a 3 room flat in 2024-05. The median price per square metre across all flat types is $5,208, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 94 Commonwealth Drive?

Block 94 Commonwealth Drive was built in 1967 and has approximately 41 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 1.09%, meaning the leasehold value decreases by approximately 1.09% per year at the current remaining lease.

What flat types are available at Block 94 Commonwealth Drive?

Block 94 Commonwealth Drive in Queenstown contains 3 room flats. Resale prices range from $245,000 to $360,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard