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Block 12 Cantonment Close

3 Room · 4 Room · 5 Room · Built 2003 · 76 years remaining lease · Updated Feb 2026 MOP Cleared

Block 12 Cantonment Close has 34 recorded HDB resale transactions since 2017. Latest sale: $1,030,000 (Feb 2026, 4 room, floors 16–18). Median $9,252/sqm. Prices up 31.2% over the past five years. Built 2003, 76 years lease remaining.

Latest Sale
$1,030,000
Feb 2026 · 4 ROOM · Floor 16-18
Median $/sqm
$9,252
Based on 34 transactions
Total Transactions
34
Since Jan 2017
5-Year Trend
▲ +31.2%
Median price change
Median Price ?
Top 36%
#131 / 360 Top 36%
Latest Sale ?
Top 15%
#54 / 360 Top 15%
Value ($/sqm) ?
Top 7%
#25 / 360 Top 7%
5-Year Growth ?
Top 26%
#74 / 283 Top 26%
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
+5.6%/yr
vs
Lease Decay
−0.28%/yr
Growth assumption
Based on this block’s +31.2% 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 76 years remaining 99 years
76 years
Remaining lease
↓ 0.28%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 76 years remaining, decay is gradual (~0.28%/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). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $3,000 typically $2,700–$3,300 8.2% Bukit Merah avg · block too thin
4-Room $3,950 typically $3,600–$4,100 4.7% 10 rentals here
5-Room $4,200 typically $4,000–$4,500 4.6% Bukit Merah 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
Feb 2026 16 TO 18 4 ROOM 90 sqm $1,030,000 $11,444
Jul 2025 16 TO 18 4 ROOM 90 sqm $990,000 $11,000
May 2025 07 TO 09 3 ROOM 60 sqm $715,000 $11,917
May 2025 10 TO 12 4 ROOM 90 sqm $955,000 $10,611
May 2025 25 TO 27 4 ROOM 90 sqm $1,000,000 $11,111
Mar 2025 28 TO 30 4 ROOM 75 sqm $928,000 $12,373
Jan 2025 13 TO 15 3 ROOM 60 sqm $700,000 $11,667
Jan 2025 19 TO 21 4 ROOM 75 sqm $890,000 $11,867
Jul 2024 01 TO 03 3 ROOM 60 sqm $655,000 $10,917
Jun 2024 10 TO 12 5 ROOM 110 sqm $1,038,000 $9,436
Mar 2024 04 TO 06 4 ROOM 75 sqm $780,000 $10,400
Jan 2024 16 TO 18 4 ROOM 90 sqm $915,000 $10,167
Jan 2024 22 TO 24 4 ROOM 90 sqm $952,000 $10,578
Sep 2022 28 TO 30 4 ROOM 75 sqm $722,000 $9,627
May 2022 07 TO 09 4 ROOM 90 sqm $790,000 $8,778
Dec 2021 10 TO 12 3 ROOM 60 sqm $600,000 $10,000
Oct 2021 25 TO 27 3 ROOM 60 sqm $570,000 $9,500
Aug 2021 07 TO 09 4 ROOM 75 sqm $709,800 $9,464
Apr 2021 10 TO 12 5 ROOM 110 sqm $880,000 $8,000
Dec 2019 01 TO 03 3 ROOM 60 sqm $508,888 $8,481
Showing 20 of 34 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 12 Cantonment Close

Block 12 at Cantonment Close is a residential HDB block in Bukit Merah, Singapore, built in 2003 with approximately 76 years remaining on its 99-year lease. The block contains 3 room, 4 room, 5 room flats, with resale prices ranging from $470,000 to $1,038,000 based on 34 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 16 TO 18 sold for $1,030,000 in 2026-02. The current median price per square metre is $9,252. Over the past five years, resale prices at this block have increased by approximately 31.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9268, with an annual lease decay rate of approximately 0.28%. 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 12 Cantonment Close worth?

The most recent resale transaction at Block 12 Cantonment Close was $1,030,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $9,252, based on 34 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 12 Cantonment Close?

Block 12 Cantonment Close was built in 2003 and has approximately 76 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.28%, meaning the leasehold value decreases by approximately 0.28% per year at the current remaining lease.

What flat types are available at Block 12 Cantonment Close?

Block 12 Cantonment Close in Bukit Merah contains 3 room, 4 room, 5 room flats. Resale prices range from $470,000 to $1,038,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 12 Cantonment Close gone up or down?

Resale prices at Block 12 Cantonment Close have increased by approximately 31.2% over the past five years. The current median price is $718,500, with the most recent sale at $1,030,000 in 2026-02.

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