Block 55 New Upper Changi Road

5 Room · Built 1977 · 52 years remaining lease MOP Cleared
Latest Sale
$808,000
Jun 2024 · 5 ROOM · #22-24
Median $/sqm
$5,027
Based on 16 transactions
Total Transactions
16
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 52 years remaining 99 years
52 years 2 months
Remaining lease
↓ 0.70%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 52 years remaining, decay is gradual (~0.70%/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 2024 22 TO 24 5 ROOM 115 sqm $808,000 $7,026
Jul 2023 04 TO 06 5 ROOM 118 sqm $585,000 $4,958
Jun 2023 07 TO 09 5 ROOM 120 sqm $720,000 $6,000
Sep 2022 19 TO 21 5 ROOM 118 sqm $660,000 $5,593
May 2022 16 TO 18 5 ROOM 120 sqm $660,000 $5,500
Apr 2022 10 TO 12 5 ROOM 115 sqm $646,000 $5,617
Nov 2021 19 TO 21 5 ROOM 118 sqm $660,000 $5,593
Oct 2021 01 TO 03 5 ROOM 118 sqm $578,000 $4,898
Dec 2020 16 TO 18 5 ROOM 120 sqm $544,500 $4,538
Jun 2020 19 TO 21 5 ROOM 118 sqm $530,000 $4,492
Mar 2020 22 TO 24 5 ROOM 120 sqm $535,000 $4,458
Sep 2019 07 TO 09 5 ROOM 118 sqm $530,000 $4,492
Jun 2019 04 TO 06 5 ROOM 118 sqm $515,000 $4,364
Jun 2019 07 TO 09 5 ROOM 118 sqm $542,000 $4,593
Jan 2018 22 TO 24 5 ROOM 115 sqm $660,000 $5,739
Nov 2017 22 TO 24 5 ROOM 115 sqm $586,000 $5,096
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 55 New Upper Changi Road

Block 55 at New Upper Changi Road is a residential HDB block in Bedok, Singapore, built in 1977 with approximately 52 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $515,000 to $808,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 22 TO 24 sold for $808,000 in 2024-06. The current median price per square metre is $5,027. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8338, with an annual lease decay rate of approximately 0.70%. 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 55 New Upper Changi Road worth?

The most recent resale transaction at Block 55 New Upper Changi Road was $808,000 for a 5 room flat in 2024-06. The median price per square metre across all flat types is $5,027, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 55 New Upper Changi Road?

Block 55 New Upper Changi Road was built in 1977 and has approximately 52 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.70%, meaning the leasehold value decreases by approximately 0.70% per year at the current remaining lease.

What flat types are available at Block 55 New Upper Changi Road?

Block 55 New Upper Changi Road in Bedok contains 5 room flats. Resale prices range from $515,000 to $808,000 based on historical transaction records from data.gov.sg.

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