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Block 54 Kent Road

5 Room · Built 1982 · 57 years remaining lease · Updated Sep 2023 MOP Cleared

Block 54 Kent Road has 16 recorded HDB resale transactions since 2017. Latest sale: $795,000 (Sep 2023, 5 room, floors 07–09). Median $5,990/sqm. Built 1982, 57 years lease remaining.

Latest Sale
$795,000
Sep 2023 · 5 ROOM · Floor 07-09
Median $/sqm
$5,990
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 31%
#85 / 273 Top 31%
Latest Sale ?
Top 38%
#104 / 273 Top 38%
Value ($/sqm) ?
Top 48%
#130 / 273 Top 48%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.55%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 57 years remaining 99 years
57 years 10 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 57 years remaining, decay is gradual (~0.55%/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
5-Room $4,400 typically $4,150–$4,750 6 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).
All Transactions
Date Floor Type Area Price $/sqm
Sep 2023 07 TO 09 5 ROOM 120 sqm $795,000 $6,625
Jan 2023 25 TO 27 5 ROOM 118 sqm $798,000 $6,763
Nov 2022 22 TO 24 5 ROOM 118 sqm $810,000 $6,864
May 2022 25 TO 27 5 ROOM 118 sqm $798,888 $6,770
Mar 2022 16 TO 18 5 ROOM 127 sqm $788,888 $6,212
Oct 2021 13 TO 15 5 ROOM 120 sqm $750,000 $6,250
Feb 2021 01 TO 03 5 ROOM 120 sqm $640,888 $5,341
Dec 2020 07 TO 09 5 ROOM 127 sqm $770,000 $6,063
Feb 2020 22 TO 24 5 ROOM 118 sqm $745,000 $6,314
Dec 2018 04 TO 06 5 ROOM 118 sqm $645,000 $5,466
Jul 2018 04 TO 06 5 ROOM 120 sqm $640,000 $5,333
Mar 2018 22 TO 24 5 ROOM 127 sqm $710,000 $5,591
Feb 2018 04 TO 06 5 ROOM 118 sqm $565,000 $4,788
Dec 2017 07 TO 09 5 ROOM 122 sqm $653,000 $5,352
Oct 2017 22 TO 24 5 ROOM 120 sqm $710,000 $5,917
Sep 2017 19 TO 21 5 ROOM 118 sqm $625,000 $5,297
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 54 Kent Road

Block 54 Kent Road is an ageing-lease HDB block in Kallang/Whampoa, built in 1982 with about 57 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median runs about 21% above the Kallang/Whampoa median, ahead of around 69% of the town's blocks. It has a relatively light resale record, with 16 transactions since 2017 across 5 room flats priced from $565,000 to $810,000. The most recent transaction was a 5 room flat on storeys 07 TO 09 at $795,000 in Sep 2023, and the median works out to $5,990/sqm. Floor level matters here: units on the higher 22 TO 24 band have sold around 14% above those on the 04 TO 06 band. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 54 Kent Road worth?

The most recent resale transaction at Block 54 Kent Road was $795,000 for a 5 room flat in 2023-09. The median price per square metre across all flat types is $5,990, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 54 Kent Road?

Block 54 Kent Road was built in 1982 and has approximately 57 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.55%, meaning the leasehold value decreases by approximately 0.55% per year at the current remaining lease.

What flat types are available at Block 54 Kent Road?

Block 54 Kent Road in Kallang/Whampoa contains 5 room flats. Resale prices range from $565,000 to $810,000 based on historical transaction records from data.gov.sg.

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