Block 124 Mcnair Road

3 Room · 4 Room · Built 1987 · 61 years remaining lease MOP Cleared
Latest Sale
$720,000
Jun 2025 · 4 ROOM · #07-09
Median $/sqm
$5,767
Based on 12 transactions
Total Transactions
12
Since Jan 2017
5-Year Trend
▲ +77.8%
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
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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 61 years remaining 99 years
61 years
Remaining lease
↓ 0.49%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.49%/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
Jun 2025 07 TO 09 4 ROOM 94 sqm $720,000 $7,660
Jan 2024 01 TO 03 4 ROOM 83 sqm $520,000 $6,265
May 2022 10 TO 12 3 ROOM 64 sqm $400,000 $6,250
Apr 2022 10 TO 12 4 ROOM 83 sqm $550,000 $6,627
Jan 2022 07 TO 09 4 ROOM 83 sqm $555,000 $6,687
Dec 2021 04 TO 06 3 ROOM 64 sqm $330,000 $5,156
Jun 2021 04 TO 06 4 ROOM 83 sqm $480,000 $5,783
Oct 2019 04 TO 06 3 ROOM 64 sqm $350,000 $5,469
Jun 2019 10 TO 12 3 ROOM 64 sqm $368,000 $5,750
Dec 2017 01 TO 03 3 ROOM 64 sqm $330,000 $5,156
Aug 2017 04 TO 06 4 ROOM 84 sqm $450,000 $5,357
Apr 2017 07 TO 09 4 ROOM 83 sqm $450,000 $5,422
Showing 12 of 12 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124 Mcnair Road

Block 124 at Mcnair Road is a residential HDB block in Kallang/Whampoa, Singapore, built in 1987 with approximately 61 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $330,000 to $720,000 based on 12 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $720,000 in 2025-06. The current median price per square metre is $5,767. Over the past five years, resale prices at this block have increased by approximately 77.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8774, with an annual lease decay rate of approximately 0.49%. 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 124 Mcnair Road worth?

The most recent resale transaction at Block 124 Mcnair Road was $720,000 for a 4 room flat in 2025-06. The median price per square metre across all flat types is $5,767, based on 12 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 124 Mcnair Road?

Block 124 Mcnair Road was built in 1987 and has approximately 61 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.49%, meaning the leasehold value decreases by approximately 0.49% per year at the current remaining lease.

What flat types are available at Block 124 Mcnair Road?

Block 124 Mcnair Road in Kallang/Whampoa contains 3 room, 4 room flats. Resale prices range from $330,000 to $720,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 124 Mcnair Road gone up or down?

Resale prices at Block 124 Mcnair Road have increased by approximately 77.8% over the past five years. The current median price is $450,000, with the most recent sale at $720,000 in 2025-06.

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