Block 103 Spottiswoode Park Road

5 Room · Built 1979 · 54 years remaining lease MOP Cleared
Latest Sale
$805,000
Jul 2024 · 5 ROOM · #01-03
Median $/sqm
$6,288
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
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
--
Future Value Projection
Estimated value in --
--
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.
Track this unit's value Get notified when new sales happen in Block 103
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 54 years remaining 99 years
54 years 3 months
Remaining lease
↓ 0.64%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 54 years remaining, decay is gradual (~0.64%/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
Jul 2024 01 TO 03 5 ROOM 123 sqm $805,000 $6,545
Oct 2022 07 TO 09 5 ROOM 122 sqm $850,000 $6,967
Aug 2022 22 TO 24 5 ROOM 122 sqm $885,000 $7,254
May 2022 16 TO 18 5 ROOM 118 sqm $840,000 $7,119
Oct 2021 16 TO 18 5 ROOM 118 sqm $747,000 $6,331
Aug 2021 19 TO 21 5 ROOM 122 sqm $820,000 $6,721
Jun 2021 04 TO 06 5 ROOM 121 sqm $715,000 $5,909
May 2021 13 TO 15 5 ROOM 118 sqm $737,000 $6,246
Apr 2021 22 TO 24 5 ROOM 118 sqm $788,888 $6,685
Jan 2021 16 TO 18 5 ROOM 124 sqm $750,000 $6,048
Jul 2020 10 TO 12 5 ROOM 118 sqm $710,000 $6,017
Aug 2019 07 TO 09 5 ROOM 118 sqm $693,800 $5,880
Oct 2018 10 TO 12 5 ROOM 124 sqm $718,888 $5,797
Oct 2018 16 TO 18 5 ROOM 124 sqm $730,000 $5,887
Mar 2018 19 TO 21 5 ROOM 118 sqm $750,000 $6,356
Feb 2018 13 TO 15 5 ROOM 122 sqm $739,000 $6,057
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 103 Spottiswoode Park Road

Block 103 at Spottiswoode Park Road is a residential HDB block in Bukit Merah, Singapore, built in 1979 with approximately 54 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $693,800 to $885,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $805,000 in 2024-07. The current median price per square metre is $6,288. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8453, with an annual lease decay rate of approximately 0.64%. 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 103 Spottiswoode Park Road worth?

The most recent resale transaction at Block 103 Spottiswoode Park Road was $805,000 for a 5 room flat in 2024-07. The median price per square metre across all flat types is $6,288, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 103 Spottiswoode Park Road?

Block 103 Spottiswoode Park Road was built in 1979 and has approximately 54 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 0.64%, meaning the leasehold value decreases by approximately 0.64% per year at the current remaining lease.

What flat types are available at Block 103 Spottiswoode Park Road?

Block 103 Spottiswoode Park Road in Bukit Merah contains 5 room flats. Resale prices range from $693,800 to $885,000 based on historical transaction records from data.gov.sg.

Link copied to clipboard