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Block 48 Telok Blangah Drive

5 Room · Built 1976 · 49 years remaining lease · Updated Jun 2026 MOP Cleared

Block 48 Telok Blangah Drive has 24 recorded HDB resale transactions since 2017. Latest sale: $908,888 (Jun 2026, 5 room, floors 16–18). Median $6,552/sqm. Prices up 34.6% over the past five years. Built 1976, 49 years lease remaining.

How this block compares

  • 5 Room$878,444
    −18.7%vs town(−$202k)+18.7%vs national(+$138k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$908,888
Jun 2026 · 5 ROOM · Floor 16-18
Median $/sqm
$6,552
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +34.6%
Median price change
Median Price ?
Top 21%
#77 / 360 Top 21%
Latest Sale ?
Top 24%
#88 / 360 Top 24%
Value ($/sqm) ?
Top 46%
#164 / 360 Top 46%
5-Year Growth ?
Top 15%
#42 / 286 Top 15%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+6.1%/yr
vs
Lease Decay
−0.78%/yr
Growth assumption
Based on this block’s +34.6% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 49 years remaining 99 years
49 years 6 months
Remaining lease
↓ 0.78%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.78%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Bukit Merah average.

Flat type Median rent /mo Gross yield Based on
5-Room $4,250 typically $4,000–$4,500 4.7% Bukit Merah avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 48 Telok Blangah Drive in Bukit Merah, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bukit Merah
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2026 16 TO 18 5 ROOM 123 sqm $908,888 $7,389
Jun 2026 19 TO 21 5 ROOM 123 sqm $848,000 $6,894
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
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 48 Telok Blangah Drive

Block 48 Telok Blangah Drive is an ageing-lease HDB block in Bukit Merah, built in 1976 with about 49 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median runs about 26% above the Bukit Merah median, ahead of around 79% of the town's blocks. It has a regular flow of resale activity, with 24 transactions since 2017 across 5 room flats priced from $588,000 to $920,000. The most recent transaction was a 5 room flat on storeys 16 TO 18 at $908,888 in Jun 2026, and the median works out to $6,552/sqm. Floor level matters here: units on the higher 19 TO 21 band have sold around 26% above those on the 04 TO 06 band. Over five years, prices here are up about 34.6%. All transaction data is sourced from data.gov.sg and 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 $908,888 for a 5 room flat in 2026-06. The median price per square metre across all flat types is $6,552, based on 24 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 49 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.78%, meaning the leasehold value decreases by approximately 0.78% 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 34.6% over the past five years. The current median price is $810,000, with the most recent sale at $908,888 in 2026-06.

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