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Block 2 Ghim Moh Road

3 Room · 5 Room · Built 1976 · 49 years remaining lease · Updated Jun 2026 MOP Cleared

Block 2 Ghim Moh Road has 50 recorded HDB resale transactions since 2017. Latest sale: $390,000 (Jun 2026, 3 room, floors 04–06). Median $5,538/sqm. Prices up 9.7% over the past five years. Built 1976, 49 years lease remaining.

How this block compares

  • 3 Room$381,500
    −14.6%vs town(−$65k)−14.3%vs national(−$64k)

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
$390,000
Jun 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$5,538
Based on 50 transactions
Total Transactions
50
Since Jan 2017
5-Year Trend
▲ +9.7%
Median price change
Median Price ?
Top 70%
#137 / 195 Top 70%
Latest Sale ?
Top 75%
#146 / 195 Top 75%
Value ($/sqm) ?
Top 68%
#133 / 195 Top 68%
5-Year Growth ?
Top 90%
#128 / 142 Top 90%
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
+1.9%/yr
vs
Lease Decay
−0.79%/yr
Growth assumption
Based on this block’s +9.7% 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 49 years remaining 99 years
49 years 2 months
Remaining lease
↓ 0.79%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.79%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,600–$3,100 9.4% 19 rentals here
5-Room $4,400 typically $4,000–$4,700 4.3% 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 2 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
Jun 2026 04 TO 06 3 ROOM 65 sqm $390,000 $6,000
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
Showing 20 of 50 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 2 Ghim Moh Road

Block 2 Ghim Moh Road is a million-dollar HDB block: a flat here has sold for as much as $1,188,000 (May 2024), among the rare blocks in Queenstown to cross that mark. Its median sits about 49% below the Queenstown median, cheaper than about 70% of the town's blocks. It has a busy resale history, with 50 transactions since 2017 across 3 room, 5 room flats priced from $265,000 to $1,188,000. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $390,000 in Jun 2026, and the median works out to $5,538/sqm. Prices have risen around 9.7% over five years. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8157, an annual lease decay of about 0.79%. All transaction data is sourced from data.gov.sg and 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 $390,000 for a 3 room flat in 2026-06. The median price per square metre across all flat types is $5,538, based on 50 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 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.79%, meaning the leasehold value decreases by approximately 0.79% 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 9.7% over the past five years. The current median price is $364,000, with the most recent sale at $390,000 in 2026-06.

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