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Block 740 Bedok Reservoir Road

3 Room · Built 1986 · 61 years remaining lease · Updated Oct 2023 MOP Cleared

Block 740 Bedok Reservoir Road has 8 recorded HDB resale transactions since 2017. Latest sale: $412,500 (Oct 2023, 3 room, floors 01–03). Median $5,392/sqm. Built 1986, 61 years lease remaining.

Latest Sale
$412,500
Oct 2023 · 3 ROOM · Floor 01-03
Median $/sqm
$5,392
Based on 8 transactions
Total Transactions
8
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 75%
#377 / 506 Top 75%
Latest Sale ?
Top 84%
#426 / 506 Top 84%
Value ($/sqm) ?
Top 30%
#150 / 506 Top 30%
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
+3%/yr
vs
Lease Decay
−0.47%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 61 years remaining 99 years
61 years 10 months
Remaining lease
↓ 0.47%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.47%/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 Bedok average.

Flat type Median rent /mo Gross yield Based on
3-Room $2,800 typically $2,500–$2,900 7.9% Bedok 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

No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.

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.
All Transactions
Date Floor Type Area Price $/sqm
Oct 2023 01 TO 03 3 ROOM 67 sqm $412,500 $6,157
Jun 2023 04 TO 06 3 ROOM 82 sqm $475,000 $5,793
Apr 2023 04 TO 06 3 ROOM 67 sqm $383,000 $5,716
Jan 2023 04 TO 06 3 ROOM 67 sqm $362,500 $5,410
Dec 2022 04 TO 06 3 ROOM 67 sqm $360,000 $5,373
Nov 2017 04 TO 06 3 ROOM 82 sqm $355,000 $4,329
Aug 2017 04 TO 06 3 ROOM 82 sqm $338,000 $4,122
Feb 2017 04 TO 06 3 ROOM 67 sqm $320,000 $4,776
Showing 8 of 8 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 740 Bedok Reservoir Road

Block 740 at Bedok Reservoir Road is a residential HDB block in Bedok, Singapore, built in 1986 with approximately 61 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $320,000 to $475,000 based on 8 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $412,500 in 2023-10. The current median price per square metre is $5,392. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8808, with an annual lease decay rate of approximately 0.47%. 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 740 Bedok Reservoir Road worth?

The most recent resale transaction at Block 740 Bedok Reservoir Road was $412,500 for a 3 room flat in 2023-10. The median price per square metre across all flat types is $5,392, based on 8 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 740 Bedok Reservoir Road?

Block 740 Bedok Reservoir Road was built in 1986 and has approximately 61 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 0.47%, meaning the leasehold value decreases by approximately 0.47% per year at the current remaining lease.

What flat types are available at Block 740 Bedok Reservoir Road?

Block 740 Bedok Reservoir Road in Bedok contains 3 room flats. Resale prices range from $320,000 to $475,000 based on historical transaction records from data.gov.sg.

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