Block 232B Sumang Lane

4 Room · 5 Room · Built 2018 · 92 years remaining lease MOP Cleared
Latest Sale
$640,000
Dec 2025 · 4 ROOM · #01-03
Median $/sqm
$6,380
Based on 22 transactions
Total Transactions
22
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 92 years remaining 99 years
92 years
Remaining lease
↓ 0.15%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 92 years remaining, decay is gradual (~0.15%/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
Dec 2025 01 TO 03 4 ROOM 93 sqm $640,000 $6,882
Oct 2025 07 TO 09 5 ROOM 113 sqm $750,000 $6,637
Aug 2025 04 TO 06 4 ROOM 93 sqm $635,000 $6,828
Jul 2025 07 TO 09 4 ROOM 93 sqm $627,588 $6,748
Apr 2025 07 TO 09 5 ROOM 113 sqm $800,000 $7,080
Feb 2025 10 TO 12 5 ROOM 113 sqm $736,888 $6,521
Jan 2025 04 TO 06 4 ROOM 93 sqm $620,000 $6,667
Oct 2024 01 TO 03 4 ROOM 93 sqm $590,000 $6,344
Sep 2024 07 TO 09 4 ROOM 93 sqm $610,000 $6,559
Sep 2024 01 TO 03 5 ROOM 113 sqm $715,000 $6,327
Apr 2024 04 TO 06 4 ROOM 93 sqm $578,888 $6,225
Dec 2023 13 TO 15 5 ROOM 113 sqm $740,000 $6,549
Oct 2023 04 TO 06 5 ROOM 113 sqm $670,000 $5,929
Sep 2023 10 TO 12 5 ROOM 113 sqm $700,000 $6,195
Aug 2023 07 TO 09 4 ROOM 93 sqm $572,000 $6,151
Aug 2023 10 TO 12 5 ROOM 113 sqm $740,000 $6,549
May 2023 01 TO 03 4 ROOM 93 sqm $530,000 $5,699
Apr 2023 04 TO 06 4 ROOM 93 sqm $575,000 $6,183
Mar 2023 10 TO 12 4 ROOM 93 sqm $570,000 $6,129
Mar 2023 10 TO 12 4 ROOM 93 sqm $580,000 $6,237
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 232B Sumang Lane

Block 232B at Sumang Lane is a residential HDB block in Punggol, Singapore, built in 2018 with approximately 92 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $530,000 to $800,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $640,000 in 2025-12. The current median price per square metre is $6,380. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9578, with an annual lease decay rate of approximately 0.15%. 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 232B Sumang Lane worth?

The most recent resale transaction at Block 232B Sumang Lane was $640,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $6,380, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 232B Sumang Lane?

Block 232B Sumang Lane was built in 2018 and has approximately 92 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.15%, meaning the leasehold value decreases by approximately 0.15% per year at the current remaining lease.

What flat types are available at Block 232B Sumang Lane?

Block 232B Sumang Lane in Punggol contains 4 room, 5 room flats. Resale prices range from $530,000 to $800,000 based on historical transaction records from data.gov.sg.

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