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Block 39 Upper Boon Keng Road

5 Room · Built 1976 · 49 years remaining lease · Updated Nov 2025 MOP Cleared

Block 39 Upper Boon Keng Road has 17 recorded HDB resale transactions since 2017. Latest sale: $630,000 (Nov 2025, 5 room, floors 22–24). Median $4,697/sqm. Prices up 17% over the past five years. Built 1976, 49 years lease remaining.

Latest Sale
$630,000
Nov 2025 · 5 ROOM · Floor 22-24
Median $/sqm
$4,697
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +17%
Median price change
Median Price ?
Top 55%
#151 / 273 Top 55%
Latest Sale ?
Top 59%
#161 / 273 Top 59%
Value ($/sqm) ?
Top 92%
#251 / 273 Top 92%
5-Year Growth ?
Top 90%
#188 / 209 Top 90%
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
+3.2%/yr
vs
Lease Decay
−0.77%/yr
Growth assumption
Based on this block’s +17% 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 10 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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
5-Room $3,700 typically $3,150–$3,950 7% 6 rentals here
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).
Where this home sits, and its schools
0 schools 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 39 Upper Boon Keng Road in Kallang/Whampoa, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Kallang/Whampoa
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
Nov 2025 22 TO 24 5 ROOM 114 sqm $630,000 $5,526
Jun 2025 13 TO 15 5 ROOM 119 sqm $610,000 $5,126
Jun 2023 04 TO 06 5 ROOM 117 sqm $600,000 $5,128
Apr 2023 22 TO 24 5 ROOM 117 sqm $628,000 $5,368
Jul 2022 22 TO 24 5 ROOM 119 sqm $625,000 $5,252
Jun 2022 19 TO 21 5 ROOM 119 sqm $650,000 $5,462
Sep 2021 04 TO 06 5 ROOM 117 sqm $540,000 $4,615
Aug 2021 10 TO 12 5 ROOM 114 sqm $556,000 $4,877
Mar 2021 07 TO 09 5 ROOM 114 sqm $517,000 $4,535
Mar 2021 04 TO 06 5 ROOM 114 sqm $520,000 $4,561
Sep 2020 25 TO 27 5 ROOM 119 sqm $559,000 $4,697
Jan 2020 13 TO 15 5 ROOM 114 sqm $482,000 $4,228
Jul 2019 22 TO 24 5 ROOM 117 sqm $550,000 $4,701
Oct 2018 01 TO 03 5 ROOM 114 sqm $510,000 $4,474
Oct 2017 22 TO 24 5 ROOM 117 sqm $545,000 $4,658
May 2017 10 TO 12 5 ROOM 117 sqm $490,000 $4,188
Apr 2017 13 TO 15 5 ROOM 114 sqm $500,000 $4,386
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 39 Upper Boon Keng Road

Block 39 Upper Boon Keng Road is an ageing-lease HDB block in Kallang/Whampoa, built in 1976 with about 49 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 8% below the Kallang/Whampoa median, cheaper than about 55% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across 5 room flats priced from $482,000 to $650,000. The most recent transaction was a 5 room flat on storeys 22 TO 24 at $630,000 in Nov 2025, and the median works out to $4,697/sqm. Floor level matters here: units on the higher 22 TO 24 band have sold around 16% above those on the 04 TO 06 band. Over five years, prices here are up about 17%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 39 Upper Boon Keng Road worth?

The most recent resale transaction at Block 39 Upper Boon Keng Road was $630,000 for a 5 room flat in 2025-11. The median price per square metre across all flat types is $4,697, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 39 Upper Boon Keng Road?

Block 39 Upper Boon Keng Road was built in 1976 and has approximately 49 years and 10 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 39 Upper Boon Keng Road?

Block 39 Upper Boon Keng Road in Kallang/Whampoa contains 5 room flats. Resale prices range from $482,000 to $650,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 39 Upper Boon Keng Road gone up or down?

Resale prices at Block 39 Upper Boon Keng Road have increased by approximately 17% over the past five years. The current median price is $550,000, with the most recent sale at $630,000 in 2025-11.

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