Block 39 Telok Blangah Rise

5 Room · Built 1976 · 52 years remaining lease MOP Cleared
Latest Sale
$658,000
Jul 2023 · 5 ROOM · #01-03
Median $/sqm
$4,912
Based on 17 transactions
Total Transactions
17
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 52 years remaining 99 years
52 years 3 months
Remaining lease
↓ 0.70%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 52 years remaining, decay is gradual (~0.70%/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 2023 01 TO 03 5 ROOM 119 sqm $658,000 $5,529
Jan 2023 04 TO 06 5 ROOM 117 sqm $650,000 $5,556
Jul 2021 07 TO 09 5 ROOM 114 sqm $588,000 $5,158
Jun 2021 01 TO 03 5 ROOM 117 sqm $480,000 $4,103
Apr 2021 01 TO 03 5 ROOM 119 sqm $510,000 $4,286
Jan 2021 22 TO 24 5 ROOM 114 sqm $640,000 $5,614
Oct 2020 19 TO 21 5 ROOM 117 sqm $600,000 $5,128
Apr 2020 04 TO 06 5 ROOM 117 sqm $570,000 $4,872
Feb 2020 07 TO 09 5 ROOM 114 sqm $550,000 $4,825
Sep 2019 10 TO 12 5 ROOM 114 sqm $560,000 $4,912
May 2019 04 TO 06 5 ROOM 119 sqm $570,000 $4,790
Feb 2019 13 TO 15 5 ROOM 117 sqm $570,000 $4,872
Apr 2018 13 TO 15 5 ROOM 119 sqm $612,800 $5,150
Apr 2018 10 TO 12 5 ROOM 117 sqm $618,000 $5,282
Mar 2018 07 TO 09 5 ROOM 114 sqm $540,000 $4,737
Nov 2017 10 TO 12 5 ROOM 117 sqm $620,000 $5,299
Jun 2017 04 TO 06 5 ROOM 114 sqm $508,000 $4,456
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 39 Telok Blangah Rise

Block 39 at Telok Blangah Rise is a residential HDB block in Bukit Merah, Singapore, built in 1976 with approximately 52 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $480,000 to $658,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $658,000 in 2023-07. The current median price per square metre is $4,912. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8343, with an annual lease decay rate of approximately 0.70%. 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 39 Telok Blangah Rise worth?

The most recent resale transaction at Block 39 Telok Blangah Rise was $658,000 for a 5 room flat in 2023-07. The median price per square metre across all flat types is $4,912, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 39 Telok Blangah Rise?

Block 39 Telok Blangah Rise was built in 1976 and has approximately 52 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.70%, meaning the leasehold value decreases by approximately 0.70% per year at the current remaining lease.

What flat types are available at Block 39 Telok Blangah Rise?

Block 39 Telok Blangah Rise in Bukit Merah contains 5 room flats. Resale prices range from $480,000 to $658,000 based on historical transaction records from data.gov.sg.

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