Block 38 Teban Gardens Road

3 Room · Built 1966 · 41 years remaining lease MOP Cleared
Latest Sale
$315,000
Jan 2024 · 3 ROOM · #01-03
Median $/sqm
$3,507
Based on 3 transactions
Total Transactions
3
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 41 years remaining 99 years
41 years 9 months
Remaining lease
↓ 1.09%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 41 years remaining, decay is accelerating (~1.09%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
All Transactions
Date Floor Type Area Price $/sqm
Jan 2024 01 TO 03 3 ROOM 67 sqm $315,000 $4,701
Mar 2020 04 TO 06 3 ROOM 67 sqm $210,000 $3,134
Jan 2018 01 TO 03 3 ROOM 67 sqm $235,000 $3,507
Showing 3 of 3 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 38 Teban Gardens Road

Block 38 at Teban Gardens Road is a residential HDB block in Jurong East, Singapore, built in 1966 with approximately 41 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $210,000 to $315,000 based on 3 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $315,000 in 2024-01. The current median price per square metre is $3,507. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7622, with an annual lease decay rate of approximately 1.09%. 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 38 Teban Gardens Road worth?

The most recent resale transaction at Block 38 Teban Gardens Road was $315,000 for a 3 room flat in 2024-01. The median price per square metre across all flat types is $3,507, based on 3 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 38 Teban Gardens Road?

Block 38 Teban Gardens Road was built in 1966 and has approximately 41 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.09%, meaning the leasehold value decreases by approximately 1.09% per year at the current remaining lease.

What flat types are available at Block 38 Teban Gardens Road?

Block 38 Teban Gardens Road in Jurong East contains 3 room flats. Resale prices range from $210,000 to $315,000 based on historical transaction records from data.gov.sg.

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