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Block 703 Woodlands Drive 40

4 Room · 5 Room · Built 1996 · 69 years remaining lease · Updated Jan 2026 MOP Cleared

Block 703 Woodlands Drive 40 has 24 recorded HDB resale transactions since 2017. Latest sale: $488,000 (Jan 2026, 4 room, floors 07–09). Median $4,100/sqm. Prices up 39.5% over the past five years. Built 1996, 69 years lease remaining.

How this block compares

  • 4 Room$527,000
    −5.0%vs town(−$28k)−16.3%vs national(−$103k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$488,000
Jan 2026 · 4 ROOM · Floor 07-09
Median $/sqm
$4,100
Based on 24 transactions
Total Transactions
24
Since Jan 2017
5-Year Trend
▲ +39.5%
Median price change
Median Price ?
Top 76%
#524 / 689 Top 76%
Latest Sale ?
Top 85%
#587 / 689 Top 85%
Value ($/sqm) ?
Top 71%
#488 / 689 Top 71%
5-Year Growth ?
Top 28%
#141 / 504 Top 28%
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
+6.9%/yr
vs
Lease Decay
−0.35%/yr
Growth assumption
Based on this block’s +39.5% 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 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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Woodlands average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,100 typically $2,900–$3,250 6.7% Woodlands avg · block too thin
5-Room $3,300 typically $3,050–$3,500 6% Woodlands avg · block too thin
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).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 7 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
7 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 703 Woodlands Drive 40 in Woodlands, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Woodlands
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
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 Woodlands Drive 40 in Woodlands has been a strong performer, with resale prices up roughly 39.5% over five years. Its median sits about 12% below the Woodlands median, cheaper than about 76% of the town's blocks. It has a regular flow of resale activity, with 24 transactions since 2017 across 4 room, 5 room flats priced from $308,000 to $585,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $488,000 in Jan 2026, and the median works out to $4,100/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9095, an annual lease decay of about 0.35%. All transaction data is sourced from data.gov.sg and 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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