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Block 39 Circuit Road

2 Room · 3 Room · Built 1971 · 43 years remaining lease · Updated Jun 2026 MOP Cleared

Block 39 Circuit Road has 30 recorded HDB resale transactions since 2017. Latest sale: $280,000 (Jun 2026, 2 room, floors 04–06). Median $4,763/sqm. Built 1971, 43 years lease remaining.

Latest Sale
$280,000
Jun 2026 · 2 ROOM · Floor 04-06
Median $/sqm
$4,763
Based on 30 transactions
Total Transactions
30
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 88%
#223 / 253 Top 88%
Latest Sale ?
Top 98%
#247 / 253 Top 98%
Value ($/sqm) ?
Top 80%
#202 / 253 Top 80%
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
−1.00%/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 43 years remaining 99 years
43 years 8 months
Remaining lease
↓ 1.00%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 43 years remaining, decay is accelerating (~1.00%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
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
2-Room $2,050 typically $1,650–$2,400 8.3% Geylang avg · block too thin
3-Room $2,800 typically $2,800–$2,850 9.7% 5 rentals here
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 3sit 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
Jun 2026 04 TO 06 2 ROOM 45 sqm $280,000 $6,222
Dec 2025 04 TO 06 2 ROOM 47 sqm $285,000 $6,064
Jul 2025 10 TO 12 2 ROOM 45 sqm $295,000 $6,556
Aug 2024 07 TO 09 3 ROOM 57 sqm $340,000 $5,965
Jul 2024 10 TO 12 3 ROOM 57 sqm $350,000 $6,140
Mar 2024 01 TO 03 2 ROOM 45 sqm $270,000 $6,000
Mar 2024 01 TO 03 3 ROOM 57 sqm $318,000 $5,579
Feb 2024 04 TO 06 2 ROOM 47 sqm $279,000 $5,936
Nov 2023 04 TO 06 2 ROOM 47 sqm $268,000 $5,702
Oct 2023 07 TO 09 2 ROOM 47 sqm $275,888 $5,870
Apr 2023 10 TO 12 3 ROOM 57 sqm $310,000 $5,439
Jun 2022 07 TO 09 3 ROOM 57 sqm $278,000 $4,877
Dec 2021 04 TO 06 3 ROOM 57 sqm $300,000 $5,263
Nov 2021 04 TO 06 3 ROOM 57 sqm $318,000 $5,579
Feb 2021 10 TO 12 3 ROOM 57 sqm $240,000 $4,211
Oct 2020 10 TO 12 3 ROOM 57 sqm $225,000 $3,947
Jun 2020 01 TO 03 2 ROOM 44 sqm $190,000 $4,318
Jun 2020 07 TO 09 3 ROOM 57 sqm $210,000 $3,684
Dec 2019 07 TO 09 2 ROOM 45 sqm $188,000 $4,178
Nov 2019 01 TO 03 2 ROOM 45 sqm $180,000 $4,000
Showing 20 of 30 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 39 Circuit Road

Block 39 at Circuit Road is a residential HDB block in Geylang, Singapore, built in 1971 with approximately 43 years remaining on its 99-year lease. The block contains 2 room, 3 room flats, with resale prices ranging from $160,000 to $350,000 based on 30 recorded transactions since January 2017. The most recent transaction was a 2 room flat on storeys 04 TO 06 sold for $280,000 in 2026-06. The current median price per square metre is $4,763. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7774, with an annual lease decay rate of approximately 1.00%. 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 39 Circuit Road worth?

The most recent resale transaction at Block 39 Circuit Road was $280,000 for a 2 room flat in 2026-06. The median price per square metre across all flat types is $4,763, based on 30 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 39 Circuit Road?

Block 39 Circuit Road was built in 1971 and has approximately 43 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.00%, meaning the leasehold value decreases by approximately 1.00% per year at the current remaining lease.

What flat types are available at Block 39 Circuit Road?

Block 39 Circuit Road in Geylang contains 2 room, 3 room flats. Resale prices range from $160,000 to $350,000 based on historical transaction records from data.gov.sg.

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