Block 28 Telok Blangah Rise

3 Room · Built 1976 · 49 years remaining lease MOP Cleared
Latest Sale
$388,888
Jun 2025 · 3 ROOM · #01-03
Median $/sqm
$5,390
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +46.1%
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 49 years remaining 99 years
49 years 11 months
Remaining lease
↓ 0.77%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.77%/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
Jun 2025 01 TO 03 3 ROOM 70 sqm $388,888 $5,556
Mar 2025 04 TO 06 3 ROOM 70 sqm $400,000 $5,714
Oct 2024 07 TO 09 3 ROOM 59 sqm $365,000 $6,186
Jul 2024 01 TO 03 3 ROOM 59 sqm $340,000 $5,763
Jul 2024 07 TO 09 3 ROOM 70 sqm $412,000 $5,886
Sep 2023 07 TO 09 3 ROOM 70 sqm $380,000 $5,429
Sep 2023 10 TO 12 3 ROOM 70 sqm $400,000 $5,714
Jul 2023 10 TO 12 3 ROOM 70 sqm $420,000 $6,000
Jun 2022 01 TO 03 3 ROOM 70 sqm $345,000 $4,929
Mar 2022 04 TO 06 3 ROOM 59 sqm $315,000 $5,339
Aug 2021 07 TO 09 3 ROOM 59 sqm $318,000 $5,390
Jul 2021 01 TO 03 3 ROOM 59 sqm $270,000 $4,576
Jan 2021 01 TO 03 3 ROOM 70 sqm $238,000 $3,400
Nov 2020 04 TO 06 3 ROOM 59 sqm $290,000 $4,915
Jun 2019 04 TO 06 3 ROOM 59 sqm $218,000 $3,695
Jan 2019 04 TO 06 3 ROOM 59 sqm $250,000 $4,237
Apr 2018 07 TO 09 3 ROOM 70 sqm $320,000 $4,571
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 28 Telok Blangah Rise

Block 28 at Telok Blangah Rise is a residential HDB block in Bukit Merah, Singapore, built in 1976 with approximately 49 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $218,000 to $420,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $388,888 in 2025-06. The current median price per square metre is $5,390. Over the past five years, resale prices at this block have increased by approximately 46.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8204, with an annual lease decay rate of approximately 0.77%. 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 28 Telok Blangah Rise worth?

The most recent resale transaction at Block 28 Telok Blangah Rise was $388,888 for a 3 room flat in 2025-06. The median price per square metre across all flat types is $5,390, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 28 Telok Blangah Rise?

Block 28 Telok Blangah Rise was built in 1976 and has approximately 49 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.77%, meaning the leasehold value decreases by approximately 0.77% per year at the current remaining lease.

What flat types are available at Block 28 Telok Blangah Rise?

Block 28 Telok Blangah Rise in Bukit Merah contains 3 room flats. Resale prices range from $218,000 to $420,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 28 Telok Blangah Rise gone up or down?

Resale prices at Block 28 Telok Blangah Rise have increased by approximately 46.1% over the past five years. The current median price is $340,000, with the most recent sale at $388,888 in 2025-06.

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