Block 481 Sembawang Drive

4 Room · 5 Room · Built 2000 · 75 years remaining lease MOP Cleared
Latest Sale
$538,000
Sep 2024 · 5 ROOM · #01-03
Median $/sqm
$3,556
Based on 27 transactions
Total Transactions
27
Since Jan 2017
5-Year Trend
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Insufficient data
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 75 years remaining 99 years
75 years
Remaining lease
↓ 0.29%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 75 years remaining, decay is gradual (~0.29%/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
Sep 2024 01 TO 03 5 ROOM 110 sqm $538,000 $4,891
Mar 2024 01 TO 03 5 ROOM 110 sqm $521,000 $4,736
Feb 2024 04 TO 06 4 ROOM 91 sqm $460,000 $5,055
Feb 2024 07 TO 09 5 ROOM 110 sqm $540,000 $4,909
Apr 2022 10 TO 12 4 ROOM 90 sqm $450,000 $5,000
Jan 2022 07 TO 09 4 ROOM 91 sqm $418,000 $4,593
Jan 2022 07 TO 09 5 ROOM 110 sqm $468,000 $4,255
Dec 2021 01 TO 03 5 ROOM 110 sqm $400,000 $3,636
Nov 2021 07 TO 09 5 ROOM 110 sqm $453,000 $4,118
Sep 2021 13 TO 15 5 ROOM 110 sqm $460,000 $4,182
May 2021 01 TO 03 5 ROOM 110 sqm $380,000 $3,455
Jan 2021 04 TO 06 4 ROOM 91 sqm $390,000 $4,286
Dec 2020 01 TO 03 5 ROOM 110 sqm $350,000 $3,182
Apr 2020 07 TO 09 4 ROOM 90 sqm $306,000 $3,400
Mar 2020 10 TO 12 4 ROOM 90 sqm $327,000 $3,633
Dec 2019 10 TO 12 5 ROOM 110 sqm $367,500 $3,341
Oct 2019 01 TO 03 4 ROOM 90 sqm $303,000 $3,367
Oct 2019 04 TO 06 5 ROOM 110 sqm $342,000 $3,109
Sep 2019 07 TO 09 5 ROOM 110 sqm $374,000 $3,400
Jul 2019 04 TO 06 5 ROOM 110 sqm $363,000 $3,300
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 481 Sembawang Drive

Block 481 at Sembawang Drive is a residential HDB block in Sembawang, Singapore, built in 2000 with approximately 75 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $288,000 to $540,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $538,000 in 2024-09. The current median price per square metre is $3,556. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9242, with an annual lease decay rate of approximately 0.29%. 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 481 Sembawang Drive worth?

The most recent resale transaction at Block 481 Sembawang Drive was $538,000 for a 5 room flat in 2024-09. The median price per square metre across all flat types is $3,556, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 481 Sembawang Drive?

Block 481 Sembawang Drive was built in 2000 and has approximately 75 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.29%, meaning the leasehold value decreases by approximately 0.29% per year at the current remaining lease.

What flat types are available at Block 481 Sembawang Drive?

Block 481 Sembawang Drive in Sembawang contains 4 room, 5 room flats. Resale prices range from $288,000 to $540,000 based on historical transaction records from data.gov.sg.

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