Block 298 Punggol Central

4 Room · 5 Room · Built 2003 · 77 years remaining lease MOP Cleared
Latest Sale
$600,000
Jul 2025 · 4 ROOM · #01-03
Median $/sqm
$4,505
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +32.9%
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 77 years remaining 99 years
77 years 3 months
Remaining lease
↓ 0.26%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 77 years remaining, decay is gradual (~0.26%/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
Jul 2025 01 TO 03 4 ROOM 95 sqm $600,000 $6,316
Jul 2024 07 TO 09 4 ROOM 91 sqm $585,000 $6,429
May 2024 01 TO 03 4 ROOM 95 sqm $545,000 $5,737
Jan 2024 13 TO 15 4 ROOM 95 sqm $590,000 $6,211
Oct 2023 10 TO 12 5 ROOM 111 sqm $658,000 $5,928
Jan 2023 04 TO 06 4 ROOM 95 sqm $501,000 $5,274
Jun 2022 01 TO 03 4 ROOM 92 sqm $498,000 $5,413
Nov 2021 07 TO 09 4 ROOM 95 sqm $468,000 $4,926
Jun 2021 07 TO 09 4 ROOM 91 sqm $435,000 $4,780
Dec 2020 04 TO 06 5 ROOM 111 sqm $475,000 $4,279
Oct 2020 10 TO 12 4 ROOM 95 sqm $408,000 $4,295
Jun 2020 13 TO 15 5 ROOM 111 sqm $500,000 $4,505
Jun 2020 04 TO 06 5 ROOM 111 sqm $430,000 $3,874
Jan 2020 01 TO 03 5 ROOM 111 sqm $410,000 $3,694
Feb 2019 10 TO 12 4 ROOM 95 sqm $405,000 $4,263
Oct 2018 04 TO 06 5 ROOM 111 sqm $445,000 $4,009
Jun 2018 07 TO 09 5 ROOM 111 sqm $462,000 $4,162
Feb 2018 10 TO 12 5 ROOM 111 sqm $470,000 $4,234
Nov 2017 04 TO 06 4 ROOM 91 sqm $385,000 $4,231
Oct 2017 04 TO 06 5 ROOM 111 sqm $422,388 $3,805
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 298 Punggol Central

Block 298 at Punggol Central is a residential HDB block in Punggol, Singapore, built in 2003 with approximately 77 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $385,000 to $658,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $600,000 in 2025-07. The current median price per square metre is $4,505. Over the past five years, resale prices at this block have increased by approximately 32.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9299, with an annual lease decay rate of approximately 0.26%. 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 298 Punggol Central worth?

The most recent resale transaction at Block 298 Punggol Central was $600,000 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $4,505, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 298 Punggol Central?

Block 298 Punggol Central was built in 2003 and has approximately 77 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 0.26%, meaning the leasehold value decreases by approximately 0.26% per year at the current remaining lease.

What flat types are available at Block 298 Punggol Central?

Block 298 Punggol Central in Punggol contains 4 room, 5 room flats. Resale prices range from $385,000 to $658,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 298 Punggol Central gone up or down?

Resale prices at Block 298 Punggol Central have increased by approximately 32.9% over the past five years. The current median price is $470,000, with the most recent sale at $600,000 in 2025-07.

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