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Block 408 Sembawang Drive

Executive · Built 2001 · 74 years remaining lease · Updated Mar 2026 MOP Cleared

Block 408 Sembawang Drive has 27 recorded HDB resale transactions since 2017. Latest sale: $760,000 (Mar 2026, executive, floors 10–12). Median $3,615/sqm. Built 2001, 74 years lease remaining.

How this block compares

  • Executive$756,000
    +0.8%vs town(+$6k)−16.9%vs national(−$154k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$760,000
Mar 2026 · EXECUTIVE · Floor 10-12
Median $/sqm
$3,615
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 56%
#138 / 247 Top 56%
Latest Sale ?
Top 11%
#26 / 247 Top 11%
Value ($/sqm) ?
Top 98%
#241 / 247 Top 98%
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
+3%/yr
vs
Lease Decay
−0.30%/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 74 years remaining 99 years
74 years
Remaining lease
↓ 0.30%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 74 years remaining, decay is gradual (~0.30%/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 Sembawang average.

Flat type Median rent /mo Gross yield Based on
Executive $3,500 typically $3,200–$3,600 5.6% Sembawang 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 408 Sembawang Drive in Sembawang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Sembawang
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
Mar 2026 10 TO 12 EXECUTIVE 130 sqm $760,000 $5,846
Sep 2025 04 TO 06 EXECUTIVE 130 sqm $752,000 $5,785
Jul 2025 04 TO 06 EXECUTIVE 130 sqm $720,000 $5,538
Apr 2025 07 TO 09 EXECUTIVE 130 sqm $745,000 $5,731
Feb 2025 01 TO 03 EXECUTIVE 130 sqm $750,000 $5,769
Jan 2025 13 TO 15 EXECUTIVE 130 sqm $788,000 $6,062
Jan 2025 07 TO 09 EXECUTIVE 130 sqm $749,688 $5,767
Sep 2024 07 TO 09 EXECUTIVE 130 sqm $765,000 $5,885
May 2024 01 TO 03 EXECUTIVE 130 sqm $670,000 $5,154
May 2024 04 TO 06 EXECUTIVE 130 sqm $700,000 $5,385
Sep 2022 07 TO 09 EXECUTIVE 130 sqm $610,000 $4,692
Oct 2020 07 TO 09 EXECUTIVE 130 sqm $468,000 $3,600
Jul 2020 04 TO 06 EXECUTIVE 130 sqm $440,000 $3,385
Oct 2019 07 TO 09 EXECUTIVE 130 sqm $445,000 $3,423
Sep 2019 10 TO 12 EXECUTIVE 130 sqm $480,000 $3,692
Jul 2019 04 TO 06 EXECUTIVE 130 sqm $430,000 $3,308
Jul 2019 10 TO 12 EXECUTIVE 130 sqm $470,000 $3,615
May 2019 01 TO 03 EXECUTIVE 130 sqm $450,000 $3,462
May 2019 13 TO 15 EXECUTIVE 130 sqm $465,000 $3,577
Oct 2018 10 TO 12 EXECUTIVE 130 sqm $463,000 $3,562
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 408 Sembawang Drive

Block 408 Sembawang Drive is a mature HDB block in Sembawang, built in 2001 with about 74 years remaining on its 99-year lease. At $470,000, its median sits roughly in line with the Sembawang town median. It has a regular flow of resale activity, with 27 transactions since 2017 across executive flats priced from $423,000 to $788,000. The most recent transaction was an executive flat on storeys 10 TO 12 at $760,000 in Mar 2026, and the median works out to $3,615/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9216, equivalent to roughly 0.30% 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 408 Sembawang Drive worth?

The most recent resale transaction at Block 408 Sembawang Drive was $760,000 for a executive flat in 2026-03. The median price per square metre across all flat types is $3,615, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 408 Sembawang Drive?

Block 408 Sembawang Drive was built in 2001 and has approximately 74 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.30%, meaning the leasehold value decreases by approximately 0.30% per year at the current remaining lease.

What flat types are available at Block 408 Sembawang Drive?

Block 408 Sembawang Drive in Sembawang contains executive flats. Resale prices range from $423,000 to $788,000 based on historical transaction records from data.gov.sg.

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