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Block 123 Bedok North Street 2

3 Room · Built 1978 · 51 years remaining lease MOP Cleared
Latest Sale
$395,000
Aug 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$4,388
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
▲ +33.9%
Median price change
Median Price ?
Top 95%
#479 / 503 Top 95%
Latest Sale ?
Top 89%
#450 / 503 Top 89%
Value ($/sqm) ?
Top 90%
#452 / 503 Top 90%
5-Year Growth ?
Top 47%
#178 / 382 Top 47%
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
+6%/yr
vs
Lease Decay
−0.71%/yr
Growth assumption
Based on this block’s +33.9% 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 51 years remaining 99 years
51 years 8 months
Remaining lease
↓ 0.71%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 51 years remaining, decay is gradual (~0.71%/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
Aug 2025 01 TO 03 3 ROOM 67 sqm $395,000 $5,896
Sep 2024 04 TO 06 3 ROOM 67 sqm $393,000 $5,866
Nov 2022 04 TO 06 3 ROOM 67 sqm $345,000 $5,149
Feb 2021 01 TO 03 3 ROOM 67 sqm $295,000 $4,403
Jun 2020 01 TO 03 3 ROOM 67 sqm $257,000 $3,836
Mar 2020 01 TO 03 3 ROOM 67 sqm $223,000 $3,328
Oct 2019 01 TO 03 3 ROOM 67 sqm $245,000 $3,657
Mar 2018 04 TO 06 3 ROOM 67 sqm $292,000 $4,358
Jul 2017 04 TO 06 3 ROOM 67 sqm $309,000 $4,612
Apr 2017 01 TO 03 3 ROOM 67 sqm $293,000 $4,373
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123 Bedok North Street 2

Block 123 at Bedok North Street 2 is a residential HDB block in Bedok, Singapore, built in 1978 with approximately 51 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $223,000 to $395,000 based on 10 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $395,000 in 2025-08. The current median price per square metre is $4,388. Over the past five years, resale prices at this block have increased by approximately 33.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8309, with an annual lease decay rate of approximately 0.71%. 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 123 Bedok North Street 2 worth?

The most recent resale transaction at Block 123 Bedok North Street 2 was $395,000 for a 3 room flat in 2025-08. The median price per square metre across all flat types is $4,388, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123 Bedok North Street 2?

Block 123 Bedok North Street 2 was built in 1978 and has approximately 51 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.71%, meaning the leasehold value decreases by approximately 0.71% per year at the current remaining lease.

What flat types are available at Block 123 Bedok North Street 2?

Block 123 Bedok North Street 2 in Bedok contains 3 room flats. Resale prices range from $223,000 to $395,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 123 Bedok North Street 2 gone up or down?

Resale prices at Block 123 Bedok North Street 2 have increased by approximately 33.9% over the past five years. The current median price is $294,000, with the most recent sale at $395,000 in 2025-08.

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