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Block 18 Ghim Moh Road

2 Room · Built 1977 · 50 years remaining lease · Updated Jan 2026 MOP Cleared

Block 18 Ghim Moh Road has 9 recorded HDB resale transactions since 2017. Latest sale: $300,000 (Jan 2026, 2 room, floors 07–09). Median $5,444/sqm. Built 1977, 50 years lease remaining.

How this block compares

  • 2 Room$302,500
    +0.8%vs town(+$3k)−19.3%vs national(−$73k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$300,000
Jan 2026 · 2 ROOM · Floor 07-09
Median $/sqm
$5,444
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 100%
#195 / 195 Top 100%
Latest Sale ?
Top 98%
#191 / 195 Top 98%
Value ($/sqm) ?
Top 71%
#139 / 195 Top 71%
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
+3%/yr
vs
Lease Decay
−0.76%/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 50 years remaining 99 years
50 years 1 months
Remaining lease
↓ 0.76%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.76%/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
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 18 Ghim Moh Road 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
Jan 2026 07 TO 09 2 ROOM 45 sqm $300,000 $6,667
Aug 2025 07 TO 09 2 ROOM 45 sqm $305,000 $6,778
Mar 2025 13 TO 15 2 ROOM 45 sqm $300,000 $6,667
Sep 2023 04 TO 06 2 ROOM 45 sqm $228,000 $5,067
Jul 2022 07 TO 09 2 ROOM 45 sqm $270,000 $6,000
Jul 2020 13 TO 15 2 ROOM 45 sqm $232,000 $5,156
Jun 2020 13 TO 15 2 ROOM 45 sqm $220,000 $4,889
Jul 2019 07 TO 09 2 ROOM 45 sqm $245,000 $5,444
Jun 2017 07 TO 09 2 ROOM 45 sqm $245,000 $5,444
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 18 Ghim Moh Road

Block 18 Ghim Moh Road is an ageing-lease HDB block in Queenstown, built in 1977 with about 50 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 66% below the Queenstown median, cheaper than about 99% of the town's blocks. It has a relatively light resale record, with 9 transactions since 2017 across 2 room flats priced from $220,000 to $305,000. The most recent transaction was a 2 room flat on storeys 07 TO 09 at $300,000 in Jan 2026, and the median works out to $5,444/sqm. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 18 Ghim Moh Road worth?

The most recent resale transaction at Block 18 Ghim Moh Road was $300,000 for a 2 room flat in 2026-01. The median price per square metre across all flat types is $5,444, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 18 Ghim Moh Road?

Block 18 Ghim Moh Road was built in 1977 and has approximately 50 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.76%, meaning the leasehold value decreases by approximately 0.76% per year at the current remaining lease.

What flat types are available at Block 18 Ghim Moh Road?

Block 18 Ghim Moh Road in Queenstown contains 2 room flats. Resale prices range from $220,000 to $305,000 based on historical transaction records from data.gov.sg.

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