Block 704 Woodlands Drive 40

4 Room · 5 Room · Built 1996 · 70 years remaining lease MOP Cleared
Latest Sale
$657,000
Dec 2024 · 5 ROOM · #04-06
Median $/sqm
$4,118
Based on 27 transactions
Total Transactions
27
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 70 years remaining 99 years
70 years 11 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 70 years remaining, decay is gradual (~0.33%/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
Dec 2024 04 TO 06 5 ROOM 119 sqm $657,000 $5,521
Oct 2024 10 TO 12 4 ROOM 99 sqm $570,000 $5,758
May 2024 10 TO 12 4 ROOM 100 sqm $556,800 $5,568
Feb 2024 07 TO 09 5 ROOM 119 sqm $615,000 $5,168
Aug 2023 04 TO 06 4 ROOM 102 sqm $495,000 $4,853
Jul 2023 04 TO 06 5 ROOM 119 sqm $572,000 $4,807
Jul 2023 07 TO 09 5 ROOM 119 sqm $585,000 $4,916
Apr 2023 04 TO 06 4 ROOM 102 sqm $480,000 $4,706
Mar 2023 04 TO 06 5 ROOM 119 sqm $578,000 $4,857
Feb 2023 10 TO 12 4 ROOM 100 sqm $540,000 $5,400
Sep 2022 04 TO 06 5 ROOM 118 sqm $540,000 $4,576
Sep 2022 07 TO 09 5 ROOM 119 sqm $628,000 $5,277
May 2021 07 TO 09 4 ROOM 102 sqm $420,000 $4,118
May 2021 10 TO 12 4 ROOM 102 sqm $425,000 $4,167
Apr 2021 01 TO 03 4 ROOM 99 sqm $390,000 $3,939
Mar 2021 04 TO 06 5 ROOM 118 sqm $468,000 $3,966
Nov 2020 01 TO 03 4 ROOM 102 sqm $370,000 $3,627
Sep 2020 04 TO 06 4 ROOM 102 sqm $340,000 $3,333
Aug 2020 04 TO 06 5 ROOM 119 sqm $430,000 $3,613
Sep 2019 10 TO 12 4 ROOM 99 sqm $342,000 $3,455
Showing 20 of 27 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 704 Woodlands Drive 40

Block 704 at Woodlands Drive 40 is a residential HDB block in Woodlands, Singapore, built in 1996 with approximately 70 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $305,000 to $657,000 based on 27 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $657,000 in 2024-12. The current median price per square metre is $4,118. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9128, with an annual lease decay rate of approximately 0.33%. 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 704 Woodlands Drive 40 worth?

The most recent resale transaction at Block 704 Woodlands Drive 40 was $657,000 for a 5 room flat in 2024-12. The median price per square metre across all flat types is $4,118, based on 27 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 704 Woodlands Drive 40?

Block 704 Woodlands Drive 40 was built in 1996 and has approximately 70 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 704 Woodlands Drive 40?

Block 704 Woodlands Drive 40 in Woodlands contains 4 room, 5 room flats. Resale prices range from $305,000 to $657,000 based on historical transaction records from data.gov.sg.

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