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Block 40 Circuit Road

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

Block 40 Circuit Road has 28 recorded HDB resale transactions since 2017. Latest sale: $330,000 (May 2026, 3 room, floors 01–03). Median $5,303/sqm. Prices up 52% over the past five years. Built 1971, 43 years lease remaining.

Latest Sale
$330,000
May 2026 · 3 ROOM · Floor 01-03
Median $/sqm
$5,303
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
▲ +52%
Median price change
Median Price ?
Top 82%
#208 / 253 Top 82%
Latest Sale ?
Top 87%
#220 / 253 Top 87%
Value ($/sqm) ?
Top 49%
#124 / 253 Top 49%
5-Year Growth ?
Top 5%
#10 / 187 Top 5%
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
+8.7%/yr
vs
Lease Decay
−1.00%/yr
Growth assumption
Based on this block’s +52% 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 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). This block has too few rentals on record, so figures shown are the Geylang average.

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 $2,500–$3,000 9% Geylang 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 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
May 2026 01 TO 03 3 ROOM 57 sqm $330,000 $5,789
Dec 2025 07 TO 09 3 ROOM 66 sqm $348,000 $5,273
Nov 2025 01 TO 03 2 ROOM 47 sqm $300,888 $6,402
Sep 2025 01 TO 03 3 ROOM 66 sqm $370,000 $5,606
Sep 2025 04 TO 06 3 ROOM 57 sqm $340,000 $5,965
May 2025 10 TO 12 3 ROOM 57 sqm $353,000 $6,193
Nov 2024 01 TO 03 3 ROOM 57 sqm $330,000 $5,789
Aug 2024 01 TO 03 3 ROOM 55 sqm $308,000 $5,600
Jul 2024 10 TO 12 2 ROOM 45 sqm $310,000 $6,889
Mar 2024 07 TO 09 3 ROOM 57 sqm $325,888 $5,717
Feb 2024 04 TO 06 3 ROOM 57 sqm $315,000 $5,526
May 2023 10 TO 12 3 ROOM 57 sqm $298,000 $5,228
Jan 2023 01 TO 03 3 ROOM 54 sqm $315,000 $5,833
Jul 2022 10 TO 12 2 ROOM 47 sqm $253,000 $5,383
Jul 2022 07 TO 09 2 ROOM 47 sqm $255,000 $5,426
May 2022 01 TO 03 3 ROOM 55 sqm $285,000 $5,182
May 2022 07 TO 09 3 ROOM 66 sqm $335,000 $5,076
Mar 2022 10 TO 12 3 ROOM 57 sqm $293,000 $5,140
Jan 2022 01 TO 03 2 ROOM 45 sqm $240,000 $5,333
Jan 2021 07 TO 09 2 ROOM 45 sqm $198,000 $4,400
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 40 Circuit Road

Block 40 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 $198,000 to $370,000 based on 28 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $330,000 in 2026-05. The current median price per square metre is $5,303. Over the past five years, resale prices at this block have increased by approximately 52%. 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 40 Circuit Road worth?

The most recent resale transaction at Block 40 Circuit Road was $330,000 for a 3 room flat in 2026-05. The median price per square metre across all flat types is $5,303, based on 28 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 40 Circuit Road?

Block 40 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 40 Circuit Road?

Block 40 Circuit Road in Geylang contains 2 room, 3 room flats. Resale prices range from $198,000 to $370,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 40 Circuit Road gone up or down?

Resale prices at Block 40 Circuit Road have increased by approximately 52% over the past five years. The current median price is $295,500, with the most recent sale at $330,000 in 2026-05.

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