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Block 187 Punggol Central

5 Room · Executive · Built 2004 · 79 years remaining lease · Updated Feb 2024 MOP Cleared

Block 187 Punggol Central has 15 recorded HDB resale transactions since 2017. Latest sale: $688,888 (Feb 2024, executive, floors 01–03). Median $4,688/sqm. Built 2004, 79 years lease remaining.

Latest Sale
$688,888
Feb 2024 · EXECUTIVE · Floor 01-03
Median $/sqm
$4,688
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 22%
#108 / 485 Top 22%
Latest Sale ?
Top 36%
#177 / 485 Top 36%
Value ($/sqm) ?
Top 76%
#367 / 485 Top 76%
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
−0.25%/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 79 years remaining 99 years
79 years 3 months
Remaining lease
↓ 0.25%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 79 years remaining, decay is gradual (~0.25%/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). This block has too few rentals on record, so figures shown are the Punggol average.

Flat type Median rent /mo Gross yield Based on
5-Room $3,300 typically $3,100–$3,400 5.2% Punggol avg · block too thin
Executive $3,500 typically $3,200–$3,700 5% Punggol avg · block too thin
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).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 8 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
8 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 187 Punggol Central in Punggol, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Punggol
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2024 01 TO 03 EXECUTIVE 128 sqm $688,888 $5,382
Sep 2023 07 TO 09 EXECUTIVE 128 sqm $750,000 $5,859
Dec 2022 01 TO 03 EXECUTIVE 128 sqm $650,000 $5,078
Oct 2022 10 TO 12 EXECUTIVE 128 sqm $680,000 $5,313
Mar 2022 07 TO 09 EXECUTIVE 128 sqm $618,000 $4,828
Mar 2022 04 TO 06 EXECUTIVE 128 sqm $648,888 $5,069
Dec 2021 01 TO 03 EXECUTIVE 128 sqm $582,000 $4,547
Apr 2021 13 TO 15 5 ROOM 112 sqm $475,000 $4,241
Sep 2020 01 TO 03 EXECUTIVE 128 sqm $520,000 $4,063
Jun 2019 07 TO 09 5 ROOM 110 sqm $433,000 $3,936
Feb 2019 10 TO 12 EXECUTIVE 128 sqm $600,000 $4,688
Jul 2018 13 TO 15 EXECUTIVE 128 sqm $618,000 $4,828
Mar 2018 04 TO 06 EXECUTIVE 128 sqm $560,000 $4,375
Jan 2018 01 TO 03 5 ROOM 110 sqm $396,000 $3,600
Jun 2017 04 TO 06 5 ROOM 112 sqm $420,000 $3,750
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 187 Punggol Central

Block 187 Punggol Central is a mature HDB block in Punggol, built in 2004 with about 79 years remaining on its 99-year lease. Its median runs about 18% above the Punggol median, ahead of around 78% of the town's blocks. It has a relatively light resale record, with 15 transactions since 2017 across 5 room, executive flats priced from $396,000 to $750,000. The most recent transaction was an executive flat on storeys 01 TO 03 at $688,888 in Feb 2024, and the median works out to $4,688/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9345, equivalent to roughly 0.25% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 187 Punggol Central worth?

The most recent resale transaction at Block 187 Punggol Central was $688,888 for a executive flat in 2024-02. The median price per square metre across all flat types is $4,688, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 187 Punggol Central?

Block 187 Punggol Central was built in 2004 and has approximately 79 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 0.25%, meaning the leasehold value decreases by approximately 0.25% per year at the current remaining lease.

What flat types are available at Block 187 Punggol Central?

Block 187 Punggol Central in Punggol contains 5 room, executive flats. Resale prices range from $396,000 to $750,000 based on historical transaction records from data.gov.sg.

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