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Block 296B Choa Chu Kang Avenue 2

4 Room · 5 Room · Executive · Built 1999 · 72 years remaining lease MOP Cleared
Latest Sale
$550,000
Sep 2025 · 4 ROOM · Floor 10-12
Median $/sqm
$4,588
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 31%
#163 / 518 Top 31%
Latest Sale ?
Top 71%
#366 / 518 Top 71%
Value ($/sqm) ?
Top 29%
#150 / 518 Top 29%
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 72 years remaining 99 years
72 years 10 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 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.
All Transactions
Date Floor Type Area Price $/sqm
Sep 2025 10 TO 12 4 ROOM 100 sqm $550,000 $5,500
May 2025 10 TO 12 EXECUTIVE 141 sqm $785,000 $5,567
Nov 2024 07 TO 09 EXECUTIVE 141 sqm $780,000 $5,532
May 2024 04 TO 06 4 ROOM 100 sqm $490,000 $4,900
Mar 2024 04 TO 06 EXECUTIVE 141 sqm $668,000 $4,738
Feb 2024 07 TO 09 4 ROOM 100 sqm $471,000 $4,710
Feb 2024 10 TO 12 5 ROOM 120 sqm $565,000 $4,708
Aug 2023 10 TO 12 4 ROOM 100 sqm $480,000 $4,800
Feb 2023 01 TO 03 EXECUTIVE 141 sqm $630,000 $4,468
Apr 2022 10 TO 12 EXECUTIVE 141 sqm $628,888 $4,460
Sep 2021 07 TO 09 5 ROOM 120 sqm $474,000 $3,950
Aug 2020 10 TO 12 EXECUTIVE 141 sqm $520,000 $3,688
Dec 2019 10 TO 12 5 ROOM 120 sqm $400,000 $3,333
Oct 2017 04 TO 06 EXECUTIVE 141 sqm $488,000 $3,461
Mar 2017 13 TO 15 5 ROOM 120 sqm $405,000 $3,375
Jan 2017 07 TO 09 EXECUTIVE 141 sqm $520,000 $3,688
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 296B Choa Chu Kang Avenue 2

Block 296B at Choa Chu Kang Avenue 2 is a residential HDB block in Choa Chu Kang, Singapore, built in 1999 with approximately 72 years remaining on its 99-year lease. The block contains 4 room, 5 room, executive flats, with resale prices ranging from $400,000 to $785,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $550,000 in 2025-09. The current median price per square metre is $4,588. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9184, 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 296B Choa Chu Kang Avenue 2 worth?

The most recent resale transaction at Block 296B Choa Chu Kang Avenue 2 was $550,000 for a 4 room flat in 2025-09. The median price per square metre across all flat types is $4,588, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 296B Choa Chu Kang Avenue 2?

Block 296B Choa Chu Kang Avenue 2 was built in 1999 and has approximately 72 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 0.31%, meaning the leasehold value decreases by approximately 0.31% per year at the current remaining lease.

What flat types are available at Block 296B Choa Chu Kang Avenue 2?

Block 296B Choa Chu Kang Avenue 2 in Choa Chu Kang contains 4 room, 5 room, executive flats. Resale prices range from $400,000 to $785,000 based on historical transaction records from data.gov.sg.

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