Block 38 Upper Boon Keng Road

5 Room · Built 1976 · 50 years remaining lease MOP Cleared
Latest Sale
$650,000
Jul 2025 · 5 ROOM · #10-12
Median $/sqm
$5,043
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +22.8%
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 1 months
Remaining lease
↓ 0.76%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.76%/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 10 TO 12 5 ROOM 114 sqm $650,000 $5,702
May 2025 07 TO 09 5 ROOM 114 sqm $688,000 $6,035
May 2024 13 TO 15 5 ROOM 117 sqm $610,000 $5,214
Feb 2024 22 TO 24 5 ROOM 117 sqm $700,888 $5,990
Sep 2023 16 TO 18 5 ROOM 114 sqm $638,000 $5,596
Jan 2023 13 TO 15 5 ROOM 117 sqm $595,000 $5,085
Aug 2022 25 TO 27 5 ROOM 117 sqm $665,000 $5,684
Mar 2022 07 TO 09 5 ROOM 114 sqm $545,000 $4,781
Jan 2022 22 TO 24 5 ROOM 117 sqm $600,000 $5,128
Nov 2021 07 TO 09 5 ROOM 117 sqm $590,000 $5,043
Jan 2021 10 TO 12 5 ROOM 119 sqm $500,000 $4,202
Dec 2020 04 TO 06 5 ROOM 117 sqm $480,000 $4,103
Nov 2020 22 TO 24 5 ROOM 114 sqm $530,000 $4,649
Nov 2020 10 TO 12 5 ROOM 117 sqm $540,000 $4,615
May 2020 04 TO 06 5 ROOM 117 sqm $482,000 $4,120
Feb 2019 25 TO 27 5 ROOM 119 sqm $525,000 $4,412
Jul 2018 07 TO 09 5 ROOM 114 sqm $505,000 $4,430
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 38 Upper Boon Keng Road

Block 38 at Upper Boon Keng Road is a residential HDB block in Kallang/Whampoa, 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 $480,000 to $700,888 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $650,000 in 2025-07. The current median price per square metre is $5,043. Over the past five years, resale prices at this block have increased by approximately 22.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8215, with an annual lease decay rate of approximately 0.76%. 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 Upper Boon Keng Road worth?

The most recent resale transaction at Block 38 Upper Boon Keng Road was $650,000 for a 5 room flat in 2025-07. The median price per square metre across all flat types is $5,043, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 38 Upper Boon Keng Road?

Block 38 Upper Boon Keng Road was built in 1976 and has approximately 50 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.76%, meaning the leasehold value decreases by approximately 0.76% per year at the current remaining lease.

What flat types are available at Block 38 Upper Boon Keng Road?

Block 38 Upper Boon Keng Road in Kallang/Whampoa contains 5 room flats. Resale prices range from $480,000 to $700,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 38 Upper Boon Keng Road gone up or down?

Resale prices at Block 38 Upper Boon Keng Road have increased by approximately 22.8% over the past five years. The current median price is $590,000, with the most recent sale at $650,000 in 2025-07.

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