Block 104 Spottiswoode Park Road

5 Room · Built 1979 · 55 years remaining lease MOP Cleared
Latest Sale
$870,000
Nov 2023 · 5 ROOM · #22-24
Median $/sqm
$6,143
Based on 10 transactions
Total Transactions
10
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 55 years remaining 99 years
55 years
Remaining lease
↓ 0.62%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 55 years remaining, decay is gradual (~0.62%/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
Nov 2023 22 TO 24 5 ROOM 118 sqm $870,000 $7,373
Mar 2023 19 TO 21 5 ROOM 122 sqm $895,000 $7,336
Nov 2022 01 TO 03 5 ROOM 121 sqm $740,000 $6,116
Oct 2022 07 TO 09 5 ROOM 122 sqm $780,000 $6,393
Oct 2021 04 TO 06 5 ROOM 118 sqm $728,000 $6,169
Aug 2021 13 TO 15 5 ROOM 118 sqm $745,000 $6,314
Jul 2021 04 TO 06 5 ROOM 121 sqm $728,000 $6,017
Nov 2020 16 TO 18 5 ROOM 123 sqm $745,000 $6,057
Oct 2020 04 TO 06 5 ROOM 122 sqm $721,000 $5,910
Oct 2020 16 TO 18 5 ROOM 122 sqm $737,000 $6,041
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 104 Spottiswoode Park Road

Block 104 at Spottiswoode Park Road is a residential HDB block in Bukit Merah, Singapore, built in 1979 with approximately 55 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $721,000 to $895,000 based on 10 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 22 TO 24 sold for $870,000 in 2023-11. The current median price per square metre is $6,143. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8492, with an annual lease decay rate of approximately 0.62%. 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 104 Spottiswoode Park Road worth?

The most recent resale transaction at Block 104 Spottiswoode Park Road was $870,000 for a 5 room flat in 2023-11. The median price per square metre across all flat types is $6,143, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 104 Spottiswoode Park Road?

Block 104 Spottiswoode Park Road was built in 1979 and has approximately 55 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.62%, meaning the leasehold value decreases by approximately 0.62% per year at the current remaining lease.

What flat types are available at Block 104 Spottiswoode Park Road?

Block 104 Spottiswoode Park Road in Bukit Merah contains 5 room flats. Resale prices range from $721,000 to $895,000 based on historical transaction records from data.gov.sg.

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