Block 8 Ghim Moh Road

5 Room · Built 1977 · 50 years remaining lease MOP Cleared
Latest Sale
$765,000
May 2025 · 5 ROOM · #01-03
Median $/sqm
$6,667
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +5.6%
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
--
Future Value Projection
Estimated value in --
--
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.
Track this unit's value Get notified when new sales happen in Block 8
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 50 years remaining 99 years
50 years 9 months
Remaining lease
↓ 0.74%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.74%/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
May 2025 01 TO 03 5 ROOM 114 sqm $765,000 $6,711
Feb 2025 01 TO 03 5 ROOM 117 sqm $720,000 $6,154
Sep 2024 19 TO 21 5 ROOM 117 sqm $908,000 $7,761
Apr 2024 10 TO 12 5 ROOM 117 sqm $818,000 $6,991
Feb 2023 19 TO 21 5 ROOM 117 sqm $875,000 $7,479
Sep 2022 25 TO 27 5 ROOM 117 sqm $868,000 $7,419
Aug 2022 10 TO 12 5 ROOM 117 sqm $780,000 $6,667
Aug 2021 16 TO 18 5 ROOM 117 sqm $748,000 $6,393
Jul 2021 19 TO 21 5 ROOM 119 sqm $865,000 $7,269
Apr 2021 25 TO 27 5 ROOM 119 sqm $658,000 $5,529
Feb 2021 01 TO 03 5 ROOM 117 sqm $650,000 $5,556
Sep 2020 22 TO 24 5 ROOM 119 sqm $808,888 $6,797
Apr 2019 13 TO 15 5 ROOM 117 sqm $730,000 $6,239
Oct 2018 13 TO 15 5 ROOM 114 sqm $740,000 $6,491
Dec 2017 16 TO 18 5 ROOM 119 sqm $815,000 $6,849
Nov 2017 01 TO 03 5 ROOM 119 sqm $705,000 $5,924
Jun 2017 01 TO 03 5 ROOM 114 sqm $600,000 $5,263
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 8 Ghim Moh Road

Block 8 at Ghim Moh Road is a residential HDB block in Queenstown, Singapore, built in 1977 with approximately 50 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $600,000 to $908,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $765,000 in 2025-05. The current median price per square metre is $6,667. Over the past five years, resale prices at this block have increased by approximately 5.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8255, with an annual lease decay rate of approximately 0.74%. 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 8 Ghim Moh Road worth?

The most recent resale transaction at Block 8 Ghim Moh Road was $765,000 for a 5 room flat in 2025-05. The median price per square metre across all flat types is $6,667, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 8 Ghim Moh Road?

Block 8 Ghim Moh Road was built in 1977 and has approximately 50 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.74%, meaning the leasehold value decreases by approximately 0.74% per year at the current remaining lease.

What flat types are available at Block 8 Ghim Moh Road?

Block 8 Ghim Moh Road in Queenstown contains 5 room flats. Resale prices range from $600,000 to $908,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 8 Ghim Moh Road gone up or down?

Resale prices at Block 8 Ghim Moh Road have increased by approximately 5.6% over the past five years. The current median price is $765,000, with the most recent sale at $765,000 in 2025-05.

Link copied to clipboard