Block 163 Gangsa Road

4 Room · 5 Room · Built 1998 · 72 years remaining lease MOP Cleared
Latest Sale
$650,000
Apr 2025 · 4 ROOM · #01-03
Median $/sqm
$5,599
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▼ -3.5%
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 72 years remaining 99 years
72 years 2 months
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.32%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2025 01 TO 03 4 ROOM 102 sqm $650,000 $6,373
Mar 2025 10 TO 12 4 ROOM 102 sqm $718,888 $7,048
Feb 2025 16 TO 18 4 ROOM 102 sqm $790,000 $7,745
Jul 2022 19 TO 21 5 ROOM 120 sqm $790,000 $6,583
Apr 2022 07 TO 09 5 ROOM 120 sqm $710,888 $5,924
Feb 2022 16 TO 18 5 ROOM 120 sqm $760,000 $6,333
Feb 2022 13 TO 15 5 ROOM 120 sqm $802,888 $6,691
Nov 2021 22 TO 24 5 ROOM 120 sqm $776,000 $6,467
Sep 2021 25 TO 27 5 ROOM 120 sqm $765,000 $6,375
Aug 2021 19 TO 21 5 ROOM 120 sqm $725,000 $6,042
Apr 2021 25 TO 27 4 ROOM 102 sqm $586,200 $5,747
Nov 2020 13 TO 15 4 ROOM 102 sqm $548,000 $5,373
Oct 2020 04 TO 06 4 ROOM 102 sqm $478,000 $4,686
Feb 2020 13 TO 15 5 ROOM 120 sqm $623,000 $5,192
Sep 2019 16 TO 18 4 ROOM 102 sqm $530,000 $5,196
Jun 2019 13 TO 15 5 ROOM 120 sqm $605,000 $5,042
Feb 2019 16 TO 18 5 ROOM 120 sqm $588,000 $4,900
Jun 2018 07 TO 09 4 ROOM 102 sqm $480,000 $4,706
Jan 2018 22 TO 24 4 ROOM 102 sqm $556,000 $5,451
Nov 2017 10 TO 12 5 ROOM 120 sqm $580,000 $4,833
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 163 Gangsa Road

Block 163 at Gangsa Road is a residential HDB block in Bukit Panjang, Singapore, built in 1998 with approximately 72 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $455,000 to $802,888 based on 22 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $650,000 in 2025-04. The current median price per square metre is $5,599. Over the past five years, resale prices at this block have decreased by approximately 3.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9165, with an annual lease decay rate of approximately 0.32%. 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 163 Gangsa Road worth?

The most recent resale transaction at Block 163 Gangsa Road was $650,000 for a 4 room flat in 2025-04. The median price per square metre across all flat types is $5,599, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 163 Gangsa Road?

Block 163 Gangsa Road was built in 1998 and has approximately 72 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.32%, meaning the leasehold value decreases by approximately 0.32% per year at the current remaining lease.

What flat types are available at Block 163 Gangsa Road?

Block 163 Gangsa Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $455,000 to $802,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 163 Gangsa Road gone up or down?

Resale prices at Block 163 Gangsa Road have decreased by approximately 3.5% over the past five years. The current median price is $614,000, with the most recent sale at $650,000 in 2025-04.

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