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Block 3 Joo Chiat Road

3 Room · Built 1985 · 58 years remaining lease · Updated May 2026 MOP Cleared

Block 3 Joo Chiat Road has 21 recorded HDB resale transactions since 2017. Latest sale: $640,000 (May 2026, 3 room, floors 13–15). Median $5,932/sqm. Prices up 42.9% over the past five years. Built 1985, 58 years lease remaining.

How this block compares

  • 3 Room$627,944
    +67.9%vs town(+$254k)+41.1%vs national(+$183k)

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
$640,000
May 2026 · 3 ROOM · Floor 13-15
Median $/sqm
$5,932
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +42.9%
Median price change
Median Price ?
Top 56%
#142 / 253 Top 56%
Latest Sale ?
Top 41%
#104 / 253 Top 41%
Value ($/sqm) ?
Top 27%
#69 / 253 Top 27%
5-Year Growth ?
Top 19%
#36 / 187 Top 19%
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
+7.4%/yr
vs
Lease Decay
−0.54%/yr
Growth assumption
Based on this block’s +42.9% 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 58 years remaining 99 years
58 years 8 months
Remaining lease
↓ 0.54%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 years remaining, decay is gradual (~0.54%/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). This block has too few rentals on record, so figures shown are the Geylang average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,800 typically $2,500–$3,000 9% Geylang 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 3 Joo Chiat Road in Geylang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Geylang
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
May 2026 13 TO 15 3 ROOM 79 sqm $640,000 $8,101
Mar 2026 07 TO 09 3 ROOM 90 sqm $630,000 $7,000
Dec 2025 10 TO 12 3 ROOM 74 sqm $625,888 $8,458
Aug 2025 16 TO 18 3 ROOM 75 sqm $615,000 $8,200
May 2024 10 TO 12 3 ROOM 75 sqm $578,000 $7,707
Nov 2023 10 TO 12 3 ROOM 74 sqm $400,000 $5,405
Aug 2023 07 TO 09 3 ROOM 74 sqm $515,000 $6,959
Jul 2023 04 TO 06 3 ROOM 79 sqm $500,000 $6,329
May 2023 16 TO 18 3 ROOM 74 sqm $535,000 $7,230
Jun 2022 16 TO 18 3 ROOM 90 sqm $530,000 $5,889
Mar 2022 10 TO 12 3 ROOM 74 sqm $470,000 $6,351
Dec 2021 04 TO 06 3 ROOM 75 sqm $435,000 $5,800
Dec 2021 04 TO 06 3 ROOM 90 sqm $440,000 $4,889
Dec 2021 13 TO 15 3 ROOM 74 sqm $445,000 $6,014
Oct 2021 10 TO 12 3 ROOM 74 sqm $439,000 $5,932
Nov 2019 04 TO 06 3 ROOM 74 sqm $370,000 $5,000
Oct 2019 07 TO 09 3 ROOM 90 sqm $410,000 $4,556
Apr 2019 10 TO 12 3 ROOM 74 sqm $385,000 $5,203
Jan 2019 04 TO 06 3 ROOM 79 sqm $398,000 $5,038
Dec 2018 07 TO 09 3 ROOM 90 sqm $415,000 $4,611
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 3 Joo Chiat Road

Block 3 Joo Chiat Road is an ageing-lease HDB block in Geylang, built in 1985 with about 58 years left on its 99-year lease, so remaining lease is the dominant price factor here. At $445,000, its median sits roughly in line with the Geylang town median. It has a regular flow of resale activity, with 21 transactions since 2017 across 3 room flats priced from $370,000 to $640,000. The most recent transaction was a 3 room flat on storeys 13 TO 15 at $640,000 in May 2026, and the median works out to $5,932/sqm. Floor level matters here: units on the higher 16 TO 18 band have sold around 23% above those on the 04 TO 06 band. Over five years, prices here are up about 42.9%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 3 Joo Chiat Road worth?

The most recent resale transaction at Block 3 Joo Chiat Road was $640,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $5,932, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 3 Joo Chiat Road?

Block 3 Joo Chiat Road was built in 1985 and has approximately 58 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 0.54%, meaning the leasehold value decreases by approximately 0.54% per year at the current remaining lease.

What flat types are available at Block 3 Joo Chiat Road?

Block 3 Joo Chiat Road in Geylang contains 3 room flats. Resale prices range from $370,000 to $640,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 3 Joo Chiat Road gone up or down?

Resale prices at Block 3 Joo Chiat Road have increased by approximately 42.9% over the past five years. The current median price is $445,000, with the most recent sale at $640,000 in 2026-05.

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