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Block 3 Joo Chiat Road

3 Room · Built 1985 · 58 years remaining lease MOP Cleared
Latest Sale
$640,000
May 2026 · 3 ROOM · Floor 13-15
Median $/sqm
$5,932
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +42.9%
Median price change
Median Price ?
Top 56%
#141 / 253 Top 56%
Latest Sale ?
Top 42%
#107 / 253 Top 42%
Value ($/sqm) ?
Top 26%
#67 / 253 Top 26%
5-Year Growth ?
Top 20%
#38 / 186 Top 20%
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
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.
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 at Joo Chiat Road is a residential HDB block in Geylang, Singapore, built in 1985 with approximately 58 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $370,000 to $640,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 13 TO 15 sold for $640,000 in 2026-05. The current median price per square metre is $5,932. Over the past five years, resale prices at this block have increased by approximately 42.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8671, with an annual lease decay rate of approximately 0.54%. 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 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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