Block 703 Woodlands Drive 40

4 Room · 5 Room · Built 1996 · 69 years remaining lease MOP Cleared
Latest Sale
$488,000
Jan 2026 · 4 ROOM · #07-09
Median $/sqm
$4,100
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +39.5%
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 69 years remaining 99 years
69 years 10 months
Remaining lease
↓ 0.35%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 69 years remaining, decay is gradual (~0.35%/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
Jan 2026 07 TO 09 4 ROOM 101 sqm $488,000 $4,832
Nov 2025 07 TO 09 4 ROOM 100 sqm $566,000 $5,660
Apr 2025 04 TO 06 4 ROOM 101 sqm $573,000 $5,673
Apr 2025 10 TO 12 4 ROOM 100 sqm $585,000 $5,850
Apr 2025 04 TO 06 4 ROOM 101 sqm $530,500 $5,252
Mar 2025 01 TO 03 4 ROOM 100 sqm $550,000 $5,500
Apr 2024 01 TO 03 4 ROOM 99 sqm $500,000 $5,051
Jun 2023 04 TO 06 5 ROOM 119 sqm $567,000 $4,765
Jun 2023 07 TO 09 5 ROOM 119 sqm $585,000 $4,916
Mar 2023 01 TO 03 4 ROOM 100 sqm $482,500 $4,825
Jun 2022 01 TO 03 5 ROOM 119 sqm $555,000 $4,664
Oct 2021 01 TO 03 4 ROOM 100 sqm $420,000 $4,200
Feb 2021 01 TO 03 4 ROOM 99 sqm $370,000 $3,737
Feb 2021 07 TO 09 4 ROOM 100 sqm $400,000 $4,000
Dec 2020 07 TO 09 4 ROOM 102 sqm $404,000 $3,961
Jun 2020 07 TO 09 4 ROOM 100 sqm $330,000 $3,300
Oct 2019 04 TO 06 4 ROOM 102 sqm $315,000 $3,088
Aug 2019 10 TO 12 4 ROOM 101 sqm $308,000 $3,050
Jul 2019 04 TO 06 5 ROOM 118 sqm $365,000 $3,093
Nov 2018 04 TO 06 4 ROOM 101 sqm $320,000 $3,168
Showing 20 of 24 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 703 Woodlands Drive 40

Block 703 at Woodlands Drive 40 is a residential HDB block in Woodlands, Singapore, built in 1996 with approximately 69 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $308,000 to $585,000 based on 24 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $488,000 in 2026-01. The current median price per square metre is $4,100. Over the past five years, resale prices at this block have increased by approximately 39.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9095, with an annual lease decay rate of approximately 0.35%. 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 703 Woodlands Drive 40 worth?

The most recent resale transaction at Block 703 Woodlands Drive 40 was $488,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $4,100, based on 24 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 703 Woodlands Drive 40?

Block 703 Woodlands Drive 40 was built in 1996 and has approximately 69 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 0.35%, meaning the leasehold value decreases by approximately 0.35% per year at the current remaining lease.

What flat types are available at Block 703 Woodlands Drive 40?

Block 703 Woodlands Drive 40 in Woodlands contains 4 room, 5 room flats. Resale prices range from $308,000 to $585,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 703 Woodlands Drive 40 gone up or down?

Resale prices at Block 703 Woodlands Drive 40 have increased by approximately 39.5% over the past five years. The current median price is $415,000, with the most recent sale at $488,000 in 2026-01.

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