Block 40 Holland Drive

3 Room · Built 1975 · 49 years remaining lease MOP Cleared
Latest Sale
$425,000
Nov 2024 · 3 ROOM · #04-06
Median $/sqm
$5,958
Based on 4 transactions
Total Transactions
4
Since Jan 2017
5-Year Trend
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Insufficient data
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 8 months
Remaining lease
↓ 0.77%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.77%/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
Nov 2024 04 TO 06 3 ROOM 59 sqm $425,000 $7,203
Jan 2024 04 TO 06 3 ROOM 59 sqm $353,000 $5,983
Oct 2023 01 TO 03 3 ROOM 59 sqm $350,000 $5,932
Jul 2019 04 TO 06 3 ROOM 59 sqm $338,000 $5,729
Showing 4 of 4 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 40 Holland Drive

Block 40 at Holland Drive is a residential HDB block in Queenstown, Singapore, built in 1975 with approximately 49 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $338,000 to $425,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $425,000 in 2024-11. The current median price per square metre is $5,958. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8189, with an annual lease decay rate of approximately 0.77%. 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 40 Holland Drive worth?

The most recent resale transaction at Block 40 Holland Drive was $425,000 for a 3 room flat in 2024-11. The median price per square metre across all flat types is $5,958, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 40 Holland Drive?

Block 40 Holland Drive was built in 1975 and has approximately 49 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.77%, meaning the leasehold value decreases by approximately 0.77% per year at the current remaining lease.

What flat types are available at Block 40 Holland Drive?

Block 40 Holland Drive in Queenstown contains 3 room flats. Resale prices range from $338,000 to $425,000 based on historical transaction records from data.gov.sg.

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