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Block 124 Potong Pasir Avenue 1

Executive · Built 1984 · 58 years remaining lease MOP Cleared
Latest Sale
$1,260,000
Feb 2025 · EXECUTIVE · #01-03
Median $/sqm
$6,418
Based on 6 transactions
Total Transactions
6
Since Jan 2017
5-Year Trend
▲ +32.1%
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 58 years remaining 99 years
58 years 3 months
Remaining lease
↓ 0.55%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 58 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.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2025 01 TO 03 EXECUTIVE 161 sqm $1,260,000 $7,826
Jul 2023 01 TO 03 EXECUTIVE 151 sqm $1,035,000 $6,854
Sep 2022 01 TO 03 EXECUTIVE 161 sqm $1,088,888 $6,763
Nov 2021 01 TO 03 EXECUTIVE 166 sqm $1,008,000 $6,072
Jan 2021 01 TO 03 EXECUTIVE 161 sqm $900,000 $5,590
Sep 2020 01 TO 03 EXECUTIVE 151 sqm $822,000 $5,444
Showing 6 of 6 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124 Potong Pasir Avenue 1

Block 124 at Potong Pasir Avenue 1 is a residential HDB block in Toa Payoh, Singapore, built in 1984 with approximately 58 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $822,000 to $1,260,000 based on 6 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 01 TO 03 sold for $1,260,000 in 2025-02. The current median price per square metre is $6,418. Over the past five years, resale prices at this block have increased by approximately 32.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8652, with an annual lease decay rate of approximately 0.55%. 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 Potong Pasir Avenue 1 worth?

The most recent resale transaction at Block 124 Potong Pasir Avenue 1 was $1,260,000 for a executive flat in 2025-02. The median price per square metre across all flat types is $6,418, based on 6 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 124 Potong Pasir Avenue 1?

Block 124 Potong Pasir Avenue 1 was built in 1984 and has approximately 58 years and 3 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 124 Potong Pasir Avenue 1?

Block 124 Potong Pasir Avenue 1 in Toa Payoh contains executive flats. Resale prices range from $822,000 to $1,260,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 124 Potong Pasir Avenue 1 gone up or down?

Resale prices at Block 124 Potong Pasir Avenue 1 have increased by approximately 32.1% over the past five years. The current median price is $1,021,500, with the most recent sale at $1,260,000 in 2025-02.

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