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Block 516 Bedok North Avenue 2

5 Room · Built 1979 · 52 years remaining lease MOP Cleared
Latest Sale
$740,000
Apr 2026 · 5 ROOM · Floor 22-24
Median $/sqm
$5,462
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +15.1%
Median price change
Median Price ?
Top 21%
#106 / 503 Top 21%
Latest Sale ?
Top 26%
#131 / 503 Top 26%
Value ($/sqm) ?
Top 25%
#126 / 503 Top 25%
5-Year Growth ?
Top 96%
#368 / 382 Top 96%
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
--
Future Value Projection
Market Appreciation
+2.9%/yr
vs
Lease Decay
−0.69%/yr
Growth assumption
Based on this block’s +15.1% 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 52 years remaining 99 years
52 years 5 months
Remaining lease
↓ 0.69%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 52 years remaining, decay is gradual (~0.69%/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
Apr 2026 22 TO 24 5 ROOM 119 sqm $740,000 $6,218
Dec 2025 07 TO 09 5 ROOM 119 sqm $700,000 $5,882
Dec 2025 22 TO 24 5 ROOM 119 sqm $720,000 $6,050
Sep 2025 01 TO 03 5 ROOM 119 sqm $650,000 $5,462
Apr 2025 07 TO 09 5 ROOM 119 sqm $700,000 $5,882
Aug 2024 16 TO 18 5 ROOM 119 sqm $720,000 $6,050
Aug 2024 22 TO 24 5 ROOM 119 sqm $775,000 $6,513
Jul 2024 19 TO 21 5 ROOM 119 sqm $710,000 $5,966
Feb 2024 22 TO 24 5 ROOM 119 sqm $720,000 $6,050
Dec 2023 10 TO 12 5 ROOM 119 sqm $640,000 $5,378
Jul 2023 01 TO 03 5 ROOM 119 sqm $610,000 $5,126
Dec 2022 04 TO 06 5 ROOM 119 sqm $607,000 $5,101
Jan 2021 22 TO 24 5 ROOM 119 sqm $608,000 $5,109
Nov 2020 19 TO 21 5 ROOM 119 sqm $610,000 $5,126
Jun 2019 04 TO 06 5 ROOM 119 sqm $580,000 $4,874
Dec 2018 07 TO 09 5 ROOM 119 sqm $550,000 $4,622
Jan 2018 07 TO 09 5 ROOM 119 sqm $565,000 $4,748
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 516 Bedok North Avenue 2

Block 516 at Bedok North Avenue 2 is a residential HDB block in Bedok, Singapore, built in 1979 with approximately 52 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $550,000 to $775,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 22 TO 24 sold for $740,000 in 2026-04. The current median price per square metre is $5,462. Over the past five years, resale prices at this block have increased by approximately 15.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8352, with an annual lease decay rate of approximately 0.69%. 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 516 Bedok North Avenue 2 worth?

The most recent resale transaction at Block 516 Bedok North Avenue 2 was $740,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $5,462, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 516 Bedok North Avenue 2?

Block 516 Bedok North Avenue 2 was built in 1979 and has approximately 52 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.69%, meaning the leasehold value decreases by approximately 0.69% per year at the current remaining lease.

What flat types are available at Block 516 Bedok North Avenue 2?

Block 516 Bedok North Avenue 2 in Bedok contains 5 room flats. Resale prices range from $550,000 to $775,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 516 Bedok North Avenue 2 gone up or down?

Resale prices at Block 516 Bedok North Avenue 2 have increased by approximately 15.1% over the past five years. The current median price is $650,000, with the most recent sale at $740,000 in 2026-04.

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