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Block 450 Sin Ming Avenue

5 Room · Executive · Built 1989 · 63 years remaining lease · Updated Jul 2025 MOP Cleared

Block 450 Sin Ming Avenue has 15 recorded HDB resale transactions since 2017. Latest sale: $1,175,000 (Jul 2025, 5 room, floors 19–21). Median $6,624/sqm. Prices up 53% over the past five years. Built 1989, 63 years lease remaining.

Latest Sale
$1,175,000
Jul 2025 · 5 ROOM · Floor 19-21
Median $/sqm
$6,624
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +53%
Median price change
Median Price ?
Top 21%
#47 / 228 Top 21%
Latest Sale ?
Top 10%
#23 / 228 Top 10%
Value ($/sqm) ?
Top 31%
#70 / 228 Top 31%
5-Year Growth ?
Top 14%
#22 / 158 Top 14%
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
+8.9%/yr
vs
Lease Decay
−0.44%/yr
Growth assumption
Based on this block’s +53% 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 63 years remaining 99 years
63 years 6 months
Remaining lease
↓ 0.44%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 63 years remaining, decay is gradual (~0.44%/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 Bishan average.

Flat type Median rent /mo Gross yield Based on
5-Room $4,000 typically $3,600–$4,200 4.8% Bishan avg · block too thin
Executive $4,500 typically $4,200–$4,900 4.3% Bishan 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 1 popular school. 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
1 school 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 450 Sin Ming Avenue in Bishan, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bishan
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
Jul 2025 19 TO 21 5 ROOM 125 sqm $1,175,000 $9,400
Jul 2024 01 TO 03 5 ROOM 120 sqm $938,000 $7,817
May 2024 07 TO 09 5 ROOM 120 sqm $915,000 $7,625
Mar 2023 19 TO 21 5 ROOM 120 sqm $900,000 $7,500
Nov 2022 01 TO 03 5 ROOM 120 sqm $760,000 $6,333
Oct 2022 04 TO 06 5 ROOM 125 sqm $828,000 $6,624
Sep 2022 16 TO 18 5 ROOM 125 sqm $868,000 $6,944
Sep 2022 22 TO 24 EXECUTIVE 162 sqm $1,215,000 $7,500
Apr 2022 16 TO 18 5 ROOM 125 sqm $850,000 $6,800
Oct 2021 10 TO 12 5 ROOM 125 sqm $768,000 $6,144
Mar 2020 10 TO 12 5 ROOM 120 sqm $600,000 $5,000
Jan 2020 10 TO 12 5 ROOM 125 sqm $700,000 $5,600
Oct 2019 19 TO 21 5 ROOM 125 sqm $780,000 $6,240
Jan 2018 01 TO 03 5 ROOM 120 sqm $680,000 $5,667
Oct 2017 01 TO 03 5 ROOM 120 sqm $640,000 $5,333
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 450 Sin Ming Avenue

A flat at Block 450 Sin Ming Avenue in Bishan has reached $1,215,000 (Sep 2022), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 23% above the Bishan median, ahead of around 80% of the town's blocks. It has a relatively light resale record, with 15 transactions since 2017 across 5 room, executive flats priced from $600,000 to $1,215,000. The most recent transaction was a 5 room flat on storeys 19 TO 21 at $1,175,000 in Jul 2025, and the median works out to $6,624/sqm. Floor level matters here: units on the higher 19 TO 21 band have sold around 25% above those on the 01 TO 03 band. Over five years, prices here are up about 53%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8875, equivalent to roughly 0.44% 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 450 Sin Ming Avenue worth?

The most recent resale transaction at Block 450 Sin Ming Avenue was $1,175,000 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $6,624, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 450 Sin Ming Avenue?

Block 450 Sin Ming Avenue was built in 1989 and has approximately 63 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 0.44%, meaning the leasehold value decreases by approximately 0.44% per year at the current remaining lease.

What flat types are available at Block 450 Sin Ming Avenue?

Block 450 Sin Ming Avenue in Bishan contains 5 room, executive flats. Resale prices range from $600,000 to $1,215,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 450 Sin Ming Avenue gone up or down?

Resale prices at Block 450 Sin Ming Avenue have increased by approximately 53% over the past five years. The current median price is $828,000, with the most recent sale at $1,175,000 in 2025-07.

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