Block 2 Ghim Moh Road

3 Room · 5 Room · Built 1976 · 49 years remaining lease MOP Cleared
Latest Sale
$360,000
Feb 2026 · 3 ROOM · #01-03
Median $/sqm
$5,538
Based on 49 transactions
Total Transactions
49
Since Jan 2017
5-Year Trend
▲ +9.4%
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 49 years remaining 99 years
49 years 6 months
Remaining lease
↓ 0.78%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.78%/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
Feb 2026 01 TO 03 3 ROOM 65 sqm $360,000 $5,538
Jan 2026 01 TO 03 3 ROOM 65 sqm $383,000 $5,892
Dec 2025 04 TO 06 3 ROOM 65 sqm $385,000 $5,923
Dec 2025 04 TO 06 3 ROOM 65 sqm $365,000 $5,615
Sep 2025 01 TO 03 3 ROOM 65 sqm $380,000 $5,846
May 2025 07 TO 09 3 ROOM 65 sqm $408,000 $6,277
Apr 2025 04 TO 06 3 ROOM 65 sqm $386,000 $5,938
Nov 2024 01 TO 03 3 ROOM 65 sqm $360,000 $5,538
Oct 2024 01 TO 03 3 ROOM 65 sqm $372,000 $5,723
Oct 2024 07 TO 09 3 ROOM 65 sqm $420,000 $6,462
Sep 2024 07 TO 09 3 ROOM 65 sqm $408,000 $6,277
Aug 2024 07 TO 09 3 ROOM 65 sqm $378,000 $5,815
Jul 2024 04 TO 06 3 ROOM 65 sqm $360,000 $5,538
Jun 2024 07 TO 09 3 ROOM 65 sqm $363,000 $5,585
May 2024 04 TO 06 5 ROOM 150 sqm $1,188,000 $7,920
Feb 2024 01 TO 03 3 ROOM 65 sqm $360,000 $5,538
Dec 2023 10 TO 12 3 ROOM 65 sqm $401,000 $6,169
Nov 2023 10 TO 12 3 ROOM 65 sqm $393,888 $6,060
Sep 2023 10 TO 12 3 ROOM 65 sqm $388,000 $5,969
Jun 2023 10 TO 12 3 ROOM 65 sqm $380,000 $5,846
Showing 20 of 49 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 2 Ghim Moh Road

Block 2 at Ghim Moh Road is a residential HDB block in Queenstown, Singapore, built in 1976 with approximately 49 years remaining on its 99-year lease. The block contains 3 room, 5 room flats, with resale prices ranging from $265,000 to $1,188,000 based on 49 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $360,000 in 2026-02. The current median price per square metre is $5,538. Over the past five years, resale prices at this block have increased by approximately 9.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8178, with an annual lease decay rate of approximately 0.78%. 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 2 Ghim Moh Road worth?

The most recent resale transaction at Block 2 Ghim Moh Road was $360,000 for a 3 room flat in 2026-02. The median price per square metre across all flat types is $5,538, based on 49 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 2 Ghim Moh Road?

Block 2 Ghim Moh Road was built in 1976 and has approximately 49 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.78%, meaning the leasehold value decreases by approximately 0.78% per year at the current remaining lease.

What flat types are available at Block 2 Ghim Moh Road?

Block 2 Ghim Moh Road in Queenstown contains 3 room, 5 room flats. Resale prices range from $265,000 to $1,188,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 2 Ghim Moh Road gone up or down?

Resale prices at Block 2 Ghim Moh Road have increased by approximately 9.4% over the past five years. The current median price is $363,000, with the most recent sale at $360,000 in 2026-02.

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