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Block 88 Commonwealth Close

2 Room · 3 Room · 4 Room · Built 1967 · 39 years remaining lease · Updated Aug 2026 MOP Cleared

Block 88 Commonwealth Close has 17 recorded HDB resale transactions since 2017. Latest sale: $310,000 (Aug 2026, 3 room, floors 04–06). Median $5,118/sqm. Prices up 18.7% over the past five years. Built 1967, 39 years lease remaining.

Latest Sale
$310,000
Aug 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$5,118
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +18.7%
Median price change
Median Price ?
Top 87%
#171 / 196 Top 87%
Latest Sale ?
Top 95%
#186 / 196 Top 95%
Value ($/sqm) ?
Top 81%
#159 / 196 Top 81%
5-Year Growth ?
Top 70%
#100 / 143 Top 70%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+3.5%/yr
vs
Lease Decay
−1.21%/yr
Growth assumption
Based on this block’s +18.7% 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 39 years remaining 99 years
39 years 6 months
Remaining lease
↓ 1.21%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 39 years remaining, decay is accelerating (~1.21%/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 $2,500 typically $2,100–$2,700 9.8% Queenstown avg · block too thin
3-Room $3,075 typically $2,950–$3,150 11.9% 8 rentals here
4-Room $4,200 typically $3,800–$4,400 5% Queenstown 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

This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

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.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 88 Commonwealth Close in Queenstown, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Queenstown
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Aug 2026 04 TO 06 3 ROOM 58 sqm $310,000 $5,345
Mar 2025 01 TO 03 3 ROOM 58 sqm $350,000 $6,034
Jan 2025 01 TO 03 4 ROOM 127 sqm $800,000 $6,299
Jun 2024 07 TO 09 3 ROOM 58 sqm $368,000 $6,345
Feb 2022 04 TO 06 3 ROOM 69 sqm $355,000 $5,145
Nov 2021 01 TO 03 3 ROOM 58 sqm $278,000 $4,793
Jul 2021 07 TO 09 3 ROOM 69 sqm $329,000 $4,768
Jun 2021 01 TO 03 3 ROOM 66 sqm $268,000 $4,061
Dec 2020 04 TO 06 2 ROOM 46 sqm $210,000 $4,565
Dec 2020 04 TO 06 2 ROOM 46 sqm $200,000 $4,348
Oct 2020 07 TO 09 2 ROOM 46 sqm $239,000 $5,196
Sep 2019 07 TO 09 3 ROOM 58 sqm $233,000 $4,017
Feb 2019 01 TO 03 4 ROOM 127 sqm $650,000 $5,118
Oct 2018 10 TO 12 3 ROOM 58 sqm $290,000 $5,000
Apr 2018 01 TO 03 3 ROOM 58 sqm $290,000 $5,000
Dec 2017 07 TO 09 3 ROOM 58 sqm $328,000 $5,655
Mar 2017 07 TO 09 3 ROOM 58 sqm $325,000 $5,603
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 88 Commonwealth Close

Block 88 Commonwealth Close in Queenstown dates to 1967 and now has roughly 39 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 57% below the Queenstown median, cheaper than about 87% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across 2 room, 3 room, 4 room flats priced from $200,000 to $800,000. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $310,000 in Aug 2026, and the median works out to $5,118/sqm. Higher floors carry a premium, with the 07 TO 09 band trading roughly 15% above the 01 TO 03 band. Over five years, prices here are up about 18.7%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 88 Commonwealth Close worth?

The most recent resale transaction at Block 88 Commonwealth Close was $310,000 for a 3 room flat in 2026-08. The median price per square metre across all flat types is $5,118, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 88 Commonwealth Close?

Block 88 Commonwealth Close was built in 1967 and has approximately 39 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.21%, meaning the leasehold value decreases by approximately 1.21% per year at the current remaining lease.

What flat types are available at Block 88 Commonwealth Close?

Block 88 Commonwealth Close in Queenstown contains 2 room, 3 room, 4 room flats. Resale prices range from $200,000 to $800,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 88 Commonwealth Close gone up or down?

Resale prices at Block 88 Commonwealth Close have increased by approximately 18.7% over the past five years. The current median price is $310,000, with the most recent sale at $310,000 in 2026-08.

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