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Block 316B Punggol Way

3 Room · 4 Room · 5 Room · Built 2017 · 91 years remaining lease · Updated Dec 2024 MOP Cleared

Block 316B Punggol Way has 23 recorded HDB resale transactions since 2017. Latest sale: $825,000 (Dec 2024, 5 room, floors 01–03). Median $6,505/sqm. Built 2017, 91 years lease remaining.

Latest Sale
$825,000
Dec 2024 · 5 ROOM · Floor 01-03
Median $/sqm
$6,505
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 6%
#31 / 485 Top 6%
Latest Sale ?
Top 8%
#38 / 485 Top 8%
Value ($/sqm) ?
Top 15%
#75 / 485 Top 15%
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
−0.15%/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 91 years remaining 99 years
91 years 11 months
Remaining lease
↓ 0.15%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 91 years remaining, decay is gradual (~0.15%/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
3-Room $2,800 typically $2,700–$3,000 6.1% Punggol avg · block too thin
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 4 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
4 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 316B Punggol Way 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
Dec 2024 01 TO 03 5 ROOM 113 sqm $825,000 $7,301
Sep 2024 04 TO 06 5 ROOM 113 sqm $875,000 $7,743
Sep 2024 07 TO 09 5 ROOM 113 sqm $886,000 $7,841
Jun 2024 07 TO 09 5 ROOM 113 sqm $850,000 $7,522
Jan 2024 01 TO 03 5 ROOM 113 sqm $770,000 $6,814
Nov 2023 07 TO 09 4 ROOM 93 sqm $710,888 $7,644
Mar 2023 01 TO 03 4 ROOM 93 sqm $605,000 $6,505
Dec 2022 04 TO 06 3 ROOM 68 sqm $455,000 $6,691
Dec 2022 10 TO 12 5 ROOM 113 sqm $838,000 $7,416
Apr 2022 04 TO 06 3 ROOM 68 sqm $445,000 $6,544
Mar 2022 01 TO 03 5 ROOM 113 sqm $700,000 $6,195
Jan 2022 04 TO 06 4 ROOM 93 sqm $585,000 $6,290
Dec 2021 07 TO 09 4 ROOM 93 sqm $580,000 $6,237
Dec 2021 04 TO 06 4 ROOM 93 sqm $588,000 $6,323
Dec 2021 10 TO 12 5 ROOM 113 sqm $760,000 $6,726
Nov 2021 04 TO 06 5 ROOM 113 sqm $698,888 $6,185
Oct 2021 10 TO 12 5 ROOM 113 sqm $728,000 $6,442
Sep 2021 04 TO 06 3 ROOM 68 sqm $408,000 $6,000
Sep 2021 04 TO 06 4 ROOM 93 sqm $555,000 $5,968
Sep 2021 04 TO 06 4 ROOM 93 sqm $580,000 $6,237
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 316B Punggol Way

Block 316B Punggol Way is among the priciest HDB blocks in Punggol, with a median of $698,888 that runs higher than about 94% of the town's blocks. It has a regular flow of resale activity, with 23 transactions since 2017 across 3 room, 4 room, 5 room flats priced from $408,000 to $886,000. The most recent transaction was a 5 room flat on storeys 01 TO 03 at $825,000 in Dec 2024, and the median works out to $6,505/sqm. With a long lease still to run, lease decay is minimal at this stage. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 316B Punggol Way worth?

The most recent resale transaction at Block 316B Punggol Way was $825,000 for a 5 room flat in 2024-12. The median price per square metre across all flat types is $6,505, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 316B Punggol Way?

Block 316B Punggol Way was built in 2017 and has approximately 91 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.15%, meaning the leasehold value decreases by approximately 0.15% per year at the current remaining lease.

What flat types are available at Block 316B Punggol Way?

Block 316B Punggol Way in Punggol contains 3 room, 4 room, 5 room flats. Resale prices range from $408,000 to $886,000 based on historical transaction records from data.gov.sg.

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