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Block 648 Punggol Central

4 Room · 5 Room · Built 2005 · 78 years remaining lease · Updated Aug 2025 MOP Cleared

Block 648 Punggol Central has 25 recorded HDB resale transactions since 2017. Latest sale: $705,000 (Aug 2025, 5 room, floors 10–12). Median $4,273/sqm. Prices up 34% over the past five years. Built 2005, 78 years lease remaining.

Latest Sale
$705,000
Aug 2025 · 5 ROOM · Floor 10-12
Median $/sqm
$4,273
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
▲ +34%
Median price change
Median Price ?
Top 74%
#359 / 485 Top 74%
Latest Sale ?
Top 31%
#148 / 485 Top 31%
Value ($/sqm) ?
Top 96%
#465 / 485 Top 96%
5-Year Growth ?
Top 75%
#279 / 374 Top 75%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6%/yr
vs
Lease Decay
−0.25%/yr
Growth assumption
Based on this block’s +34% growth over 5 years
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 78 years remaining 99 years
78 years 6 months
Remaining lease
↓ 0.25%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 78 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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
4-Room $3,200 typically $3,050–$3,400 5.6% Punggol avg · block too thin
5-Room $3,400 typically $3,350–$3,400 5.8% 5 rentals here
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 6 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
6 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 648 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
Aug 2025 10 TO 12 5 ROOM 110 sqm $705,000 $6,409
May 2025 07 TO 09 5 ROOM 110 sqm $695,000 $6,318
Oct 2024 10 TO 12 5 ROOM 110 sqm $700,000 $6,364
May 2024 16 TO 18 5 ROOM 110 sqm $665,000 $6,045
Sep 2023 10 TO 12 4 ROOM 91 sqm $525,000 $5,769
Feb 2023 10 TO 12 5 ROOM 110 sqm $598,000 $5,436
Sep 2022 16 TO 18 5 ROOM 110 sqm $600,000 $5,455
Apr 2022 16 TO 18 5 ROOM 110 sqm $535,000 $4,864
Dec 2021 10 TO 12 5 ROOM 110 sqm $535,000 $4,864
Jun 2021 16 TO 18 5 ROOM 110 sqm $510,000 $4,636
Oct 2020 10 TO 12 5 ROOM 110 sqm $470,000 $4,273
Sep 2020 01 TO 03 5 ROOM 110 sqm $440,000 $4,000
Sep 2020 13 TO 15 5 ROOM 110 sqm $455,000 $4,136
Feb 2020 13 TO 15 5 ROOM 110 sqm $488,000 $4,436
Oct 2019 16 TO 18 5 ROOM 110 sqm $470,000 $4,273
Jul 2018 10 TO 12 5 ROOM 110 sqm $455,000 $4,136
Jun 2018 13 TO 15 5 ROOM 110 sqm $420,000 $3,818
Mar 2018 10 TO 12 5 ROOM 110 sqm $438,000 $3,982
Feb 2018 04 TO 06 5 ROOM 110 sqm $425,000 $3,864
Feb 2018 13 TO 15 5 ROOM 110 sqm $428,888 $3,899
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 648 Punggol Central

Resale prices at Block 648 Punggol Central in Punggol have risen sharply, up about 34% over the past five years. Its median sits about 8% below the Punggol median, cheaper than about 73% of the town's blocks. It has a regular flow of resale activity, with 25 transactions since 2017 across 4 room, 5 room flats priced from $395,000 to $705,000. The most recent transaction was a 5 room flat on storeys 10 TO 12 at $705,000 in Aug 2025, and the median works out to $4,273/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9328, 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 648 Punggol Central worth?

The most recent resale transaction at Block 648 Punggol Central was $705,000 for a 5 room flat in 2025-08. The median price per square metre across all flat types is $4,273, based on 25 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 648 Punggol Central?

Block 648 Punggol Central was built in 2005 and has approximately 78 years and 6 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 648 Punggol Central?

Block 648 Punggol Central in Punggol contains 4 room, 5 room flats. Resale prices range from $395,000 to $705,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 648 Punggol Central gone up or down?

Resale prices at Block 648 Punggol Central have increased by approximately 34% over the past five years. The current median price is $470,000, with the most recent sale at $705,000 in 2025-08.

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