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Block 309 Canberra Road

4 Room · 5 Room · Executive · Built 1998 · 73 years remaining lease · Updated Nov 2024 MOP Cleared

Block 309 Canberra Road has 13 recorded HDB resale transactions since 2017. Latest sale: $560,000 (Nov 2024, 4 room, floors 07–09). Median $3,936/sqm. Built 1998, 73 years lease remaining.

Latest Sale
$560,000
Nov 2024 · 4 ROOM · Floor 07-09
Median $/sqm
$3,936
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 28%
#68 / 247 Top 28%
Latest Sale ?
Top 68%
#169 / 247 Top 68%
Value ($/sqm) ?
Top 84%
#208 / 247 Top 84%
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
−0.31%/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 73 years remaining 99 years
73 years 2 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 years remaining, decay is gradual (~0.31%/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 Sembawang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,100 typically $2,900–$3,300 6.1% Sembawang avg · block too thin
5-Room $3,300 typically $3,000–$3,500 6% Sembawang avg · block too thin
Executive $3,500 typically $3,200–$3,600 5.6% Sembawang 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 1 popular school. 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.
All Transactions
Date Floor Type Area Price $/sqm
Nov 2024 07 TO 09 4 ROOM 100 sqm $560,000 $5,600
Mar 2024 07 TO 09 5 ROOM 122 sqm $640,000 $5,246
Aug 2023 04 TO 06 5 ROOM 122 sqm $595,000 $4,877
Jul 2021 10 TO 12 4 ROOM 100 sqm $430,000 $4,300
Oct 2020 04 TO 06 EXECUTIVE 141 sqm $575,000 $4,078
Nov 2019 07 TO 09 EXECUTIVE 141 sqm $555,000 $3,936
Nov 2018 13 TO 15 EXECUTIVE 141 sqm $580,000 $4,113
Aug 2018 04 TO 06 EXECUTIVE 140 sqm $540,000 $3,857
May 2018 10 TO 12 5 ROOM 122 sqm $452,500 $3,709
May 2018 10 TO 12 EXECUTIVE 141 sqm $538,000 $3,816
Dec 2017 13 TO 15 4 ROOM 100 sqm $368,000 $3,680
Jun 2017 01 TO 03 EXECUTIVE 141 sqm $490,000 $3,475
Jun 2017 04 TO 06 EXECUTIVE 141 sqm $525,000 $3,723
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 309 Canberra Road

Block 309 at Canberra Road is a residential HDB block in Sembawang, Singapore, built in 1998 with approximately 73 years remaining on its 99-year lease. The block contains 4 room, 5 room, executive flats, with resale prices ranging from $368,000 to $640,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $560,000 in 2024-11. The current median price per square metre is $3,936. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9193, with an annual lease decay rate of approximately 0.31%. 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 309 Canberra Road worth?

The most recent resale transaction at Block 309 Canberra Road was $560,000 for a 4 room flat in 2024-11. The median price per square metre across all flat types is $3,936, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 309 Canberra Road?

Block 309 Canberra Road was built in 1998 and has approximately 73 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.31%, meaning the leasehold value decreases by approximately 0.31% per year at the current remaining lease.

What flat types are available at Block 309 Canberra Road?

Block 309 Canberra Road in Sembawang contains 4 room, 5 room, executive flats. Resale prices range from $368,000 to $640,000 based on historical transaction records from data.gov.sg.

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