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Block 651 Punggol Central

4 Room · 5 Room · Built 2005 · 79 years remaining lease · Updated Nov 2024 MOP Cleared

Block 651 Punggol Central has 27 recorded HDB resale transactions since 2017. Latest sale: $720,000 (Nov 2024, 5 room, floors 13–15). Median $4,358/sqm. Built 2005, 79 years lease remaining.

Latest Sale
$720,000
Nov 2024 · 5 ROOM · Floor 13-15
Median $/sqm
$4,358
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 81%
#394 / 485 Top 81%
Latest Sale ?
Top 26%
#125 / 485 Top 26%
Value ($/sqm) ?
Top 91%
#440 / 485 Top 91%
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
4-Room $3,200 typically $3,050–$3,400 5.6% Punggol avg · block too thin
5-Room $3,300 typically $3,100–$3,400 5.2% 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 5 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
5 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 651 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
Nov 2024 13 TO 15 5 ROOM 110 sqm $720,000 $6,545
Sep 2024 13 TO 15 5 ROOM 110 sqm $668,000 $6,073
Jun 2024 07 TO 09 5 ROOM 110 sqm $690,000 $6,273
May 2024 10 TO 12 4 ROOM 90 sqm $550,000 $6,111
Dec 2023 16 TO 18 4 ROOM 90 sqm $575,000 $6,389
Nov 2022 13 TO 15 5 ROOM 110 sqm $622,000 $5,655
Aug 2022 13 TO 15 4 ROOM 90 sqm $480,000 $5,333
Jan 2022 04 TO 06 5 ROOM 110 sqm $535,000 $4,864
Dec 2021 01 TO 03 5 ROOM 110 sqm $508,000 $4,618
Sep 2021 16 TO 18 5 ROOM 110 sqm $528,888 $4,808
Sep 2021 16 TO 18 5 ROOM 110 sqm $565,000 $5,136
Aug 2021 04 TO 06 4 ROOM 90 sqm $450,000 $5,000
Mar 2021 07 TO 09 4 ROOM 90 sqm $415,000 $4,611
Jan 2021 10 TO 12 5 ROOM 110 sqm $460,000 $4,182
Dec 2020 13 TO 15 5 ROOM 110 sqm $447,000 $4,064
Nov 2020 01 TO 03 4 ROOM 90 sqm $360,000 $4,000
Aug 2020 10 TO 12 4 ROOM 90 sqm $360,000 $4,000
Jun 2020 01 TO 03 5 ROOM 110 sqm $410,000 $3,727
Jun 2020 01 TO 03 5 ROOM 110 sqm $415,000 $3,773
Feb 2020 10 TO 12 5 ROOM 110 sqm $445,000 $4,045
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 651 Punggol Central

Block 651 Punggol Central is a mature HDB block in Punggol, built in 2005 with about 79 years remaining on its 99-year lease. Its median sits about 10% below the Punggol median, cheaper than about 80% of the town's blocks. It has a regular flow of resale activity, with 27 transactions since 2017 across 4 room, 5 room flats priced from $360,000 to $720,000. The most recent transaction was a 5 room flat on storeys 13 TO 15 at $720,000 in Nov 2024, and the median works out to $4,358/sqm. Floor level matters here: units on the higher 16 TO 18 band have sold around 27% above those on the 01 TO 03 band. 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 651 Punggol Central worth?

The most recent resale transaction at Block 651 Punggol Central was $720,000 for a 5 room flat in 2024-11. The median price per square metre across all flat types is $4,358, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 651 Punggol Central?

Block 651 Punggol Central was built in 2005 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 651 Punggol Central?

Block 651 Punggol Central in Punggol contains 4 room, 5 room flats. Resale prices range from $360,000 to $720,000 based on historical transaction records from data.gov.sg.

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