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Block 51 Chai Chee Street

4 Room · 5 Room · Built 1981 · 55 years remaining lease MOP Cleared
Latest Sale
$700,000
Feb 2025 · 5 ROOM · Floor 10-12
Median $/sqm
$4,298
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 40%
#200 / 503 Top 40%
Latest Sale ?
Top 32%
#159 / 503 Top 32%
Value ($/sqm) ?
Top 94%
#472 / 503 Top 94%
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
−0.61%/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 55 years remaining 99 years
55 years 5 months
Remaining lease
↓ 0.61%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 55 years remaining, decay is gradual (~0.61%/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
Feb 2025 10 TO 12 5 ROOM 121 sqm $700,000 $5,785
Aug 2024 04 TO 06 5 ROOM 121 sqm $655,000 $5,413
Sep 2023 04 TO 06 5 ROOM 121 sqm $575,000 $4,752
Feb 2023 04 TO 06 5 ROOM 121 sqm $570,000 $4,711
Sep 2022 07 TO 09 5 ROOM 121 sqm $583,000 $4,818
Aug 2022 01 TO 03 5 ROOM 121 sqm $563,000 $4,653
Aug 2022 13 TO 15 5 ROOM 121 sqm $575,000 $4,752
Jul 2022 07 TO 09 5 ROOM 121 sqm $545,000 $4,504
Mar 2022 07 TO 09 5 ROOM 121 sqm $538,000 $4,446
Apr 2021 07 TO 09 4 ROOM 98 sqm $410,000 $4,184
Jan 2021 04 TO 06 4 ROOM 98 sqm $372,000 $3,796
Nov 2020 10 TO 12 5 ROOM 121 sqm $460,000 $3,802
Jul 2020 04 TO 06 5 ROOM 121 sqm $455,000 $3,760
Jan 2019 07 TO 09 4 ROOM 98 sqm $385,000 $3,929
Sep 2018 07 TO 09 5 ROOM 121 sqm $480,000 $3,967
Jun 2018 13 TO 15 5 ROOM 121 sqm $520,000 $4,298
Feb 2018 01 TO 03 5 ROOM 121 sqm $460,000 $3,802
Oct 2017 01 TO 03 5 ROOM 121 sqm $440,000 $3,636
Jul 2017 07 TO 09 5 ROOM 121 sqm $505,888 $4,181
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 51 Chai Chee Street

Block 51 at Chai Chee Street is a residential HDB block in Bedok, Singapore, built in 1981 with approximately 55 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $372,000 to $700,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $700,000 in 2025-02. The current median price per square metre is $4,298. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8514, with an annual lease decay rate of approximately 0.61%. 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 51 Chai Chee Street worth?

The most recent resale transaction at Block 51 Chai Chee Street was $700,000 for a 5 room flat in 2025-02. The median price per square metre across all flat types is $4,298, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 51 Chai Chee Street?

Block 51 Chai Chee Street was built in 1981 and has approximately 55 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 0.61%, meaning the leasehold value decreases by approximately 0.61% per year at the current remaining lease.

What flat types are available at Block 51 Chai Chee Street?

Block 51 Chai Chee Street in Bedok contains 4 room, 5 room flats. Resale prices range from $372,000 to $700,000 based on historical transaction records from data.gov.sg.

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