Block 48 Telok Blangah Drive

5 Room · Built 1976 · 50 years remaining lease MOP Cleared
Latest Sale
$720,000
Jul 2025 · 5 ROOM · #04-06
Median $/sqm
$6,362
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +26.2%
Median price change
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 50 years remaining 99 years
50 years 5 months
Remaining lease
↓ 0.75%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.75%/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 2025 04 TO 06 5 ROOM 123 sqm $720,000 $5,854
Apr 2025 04 TO 06 5 ROOM 123 sqm $795,000 $6,463
Feb 2025 19 TO 21 5 ROOM 123 sqm $860,000 $6,992
Aug 2024 10 TO 12 5 ROOM 125 sqm $850,000 $6,800
Mar 2024 19 TO 21 5 ROOM 125 sqm $830,000 $6,640
Feb 2024 16 TO 18 5 ROOM 123 sqm $920,000 $7,480
Aug 2023 07 TO 09 5 ROOM 125 sqm $780,000 $6,240
Jun 2023 25 TO 27 5 ROOM 125 sqm $895,000 $7,160
Dec 2022 10 TO 12 5 ROOM 120 sqm $750,000 $6,250
Dec 2022 25 TO 27 5 ROOM 123 sqm $895,000 $7,276
Aug 2022 19 TO 21 5 ROOM 123 sqm $858,000 $6,976
Jul 2022 22 TO 24 5 ROOM 123 sqm $865,000 $7,033
Apr 2022 01 TO 03 5 ROOM 120 sqm $588,000 $4,900
Apr 2022 04 TO 06 5 ROOM 123 sqm $625,000 $5,081
Apr 2021 04 TO 06 5 ROOM 123 sqm $630,000 $5,122
Dec 2020 13 TO 15 5 ROOM 125 sqm $655,000 $5,240
Feb 2020 10 TO 12 5 ROOM 120 sqm $682,888 $5,691
Jan 2020 22 TO 24 5 ROOM 123 sqm $825,000 $6,707
Apr 2019 10 TO 12 5 ROOM 123 sqm $680,000 $5,528
Sep 2018 13 TO 15 5 ROOM 123 sqm $830,000 $6,748
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 48 Telok Blangah Drive

Block 48 at Telok Blangah Drive is a residential HDB block in Bukit Merah, Singapore, built in 1976 with approximately 50 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $588,000 to $920,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $720,000 in 2025-07. The current median price per square metre is $6,362. Over the past five years, resale prices at this block have increased by approximately 26.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8235, with an annual lease decay rate of approximately 0.75%. 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 48 Telok Blangah Drive worth?

The most recent resale transaction at Block 48 Telok Blangah Drive was $720,000 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $6,362, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 48 Telok Blangah Drive?

Block 48 Telok Blangah Drive was built in 1976 and has approximately 50 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.75%, meaning the leasehold value decreases by approximately 0.75% per year at the current remaining lease.

What flat types are available at Block 48 Telok Blangah Drive?

Block 48 Telok Blangah Drive in Bukit Merah contains 5 room flats. Resale prices range from $588,000 to $920,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 48 Telok Blangah Drive gone up or down?

Resale prices at Block 48 Telok Blangah Drive have increased by approximately 26.2% over the past five years. The current median price is $787,500, with the most recent sale at $720,000 in 2025-07.

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