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Block 21 Ghim Moh Road

3 Room · Built 1977 · 50 years remaining lease · Updated Feb 2026 MOP Cleared

Block 21 Ghim Moh Road has 43 recorded HDB resale transactions since 2017. Latest sale: $360,000 (Feb 2026, 3 room, floors 04–06). Median $5,538/sqm. Prices up 12.2% over the past five years. Built 1977, 50 years lease remaining.

How this block compares

  • 3 Room$382,000
    −14.5%vs town(−$65k)−14.2%vs national(−$63k)

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
$360,000
Feb 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$5,538
Based on 43 transactions
Total Transactions
43
Since Jan 2017
5-Year Trend
▲ +12.2%
Median price change
Median Price ?
Top 72%
#140 / 195 Top 72%
Latest Sale ?
Top 82%
#160 / 195 Top 82%
Value ($/sqm) ?
Top 69%
#134 / 195 Top 69%
5-Year Growth ?
Top 89%
#126 / 142 Top 89%
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
+2.3%/yr
vs
Lease Decay
−0.75%/yr
Growth assumption
Based on this block’s +12.2% 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 50 years remaining 99 years
50 years 4 months
Remaining lease
↓ 0.75%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.75%/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 $3,100 typically $2,950–$3,150 9.9% 18 rentals here
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 21 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
Feb 2026 04 TO 06 3 ROOM 65 sqm $360,000 $5,538
Feb 2026 01 TO 03 3 ROOM 65 sqm $372,000 $5,723
Jan 2026 01 TO 03 3 ROOM 65 sqm $382,000 $5,877
Jan 2026 04 TO 06 3 ROOM 65 sqm $382,000 $5,877
Oct 2025 01 TO 03 3 ROOM 74 sqm $420,000 $5,676
Oct 2025 07 TO 09 3 ROOM 65 sqm $395,000 $6,077
Aug 2025 07 TO 09 3 ROOM 65 sqm $370,000 $5,692
Jul 2025 01 TO 03 3 ROOM 65 sqm $365,000 $5,615
Jun 2025 01 TO 03 3 ROOM 65 sqm $378,888 $5,829
May 2025 07 TO 09 3 ROOM 65 sqm $430,000 $6,615
Sep 2024 04 TO 06 3 ROOM 65 sqm $365,000 $5,615
Aug 2024 01 TO 03 3 ROOM 65 sqm $388,000 $5,969
Jun 2024 07 TO 09 3 ROOM 65 sqm $430,888 $6,629
May 2024 01 TO 03 3 ROOM 65 sqm $340,000 $5,231
May 2024 04 TO 06 3 ROOM 65 sqm $416,000 $6,400
Mar 2024 10 TO 12 3 ROOM 65 sqm $388,888 $5,983
Mar 2024 10 TO 12 3 ROOM 65 sqm $393,000 $6,046
Jan 2024 04 TO 06 3 ROOM 65 sqm $400,000 $6,154
Jan 2024 10 TO 12 3 ROOM 65 sqm $408,888 $6,291
Jan 2023 04 TO 06 3 ROOM 65 sqm $403,888 $6,214
Showing 20 of 43 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 21 Ghim Moh Road

Block 21 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 50% below the Queenstown median, cheaper than about 71% of the town's blocks. It has a regular flow of resale activity, with 43 transactions since 2017 across 3 room flats priced from $270,000 to $430,888. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $360,000 in Feb 2026, and the median works out to $5,538/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 14% above those on the 01 TO 03 band. Over five years, prices here are up about 12.2%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 21 Ghim Moh Road worth?

The most recent resale transaction at Block 21 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 43 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 21 Ghim Moh Road?

Block 21 Ghim Moh Road was built in 1977 and has approximately 50 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.75%, meaning the leasehold value decreases by approximately 0.75% per year at the current remaining lease.

What flat types are available at Block 21 Ghim Moh Road?

Block 21 Ghim Moh Road in Queenstown contains 3 room flats. Resale prices range from $270,000 to $430,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 21 Ghim Moh Road gone up or down?

Resale prices at Block 21 Ghim Moh Road have increased by approximately 12.2% over the past five years. The current median price is $360,000, with the most recent sale at $360,000 in 2026-02.

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