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Block 53 Commonwealth Drive

3 Room · 4 Room · 5 Room · Built 2015 · 87 years remaining lease MOP Cleared
Latest Sale
$1,180,000
Apr 2026 · 4 ROOM · Floor 28-30
Median $/sqm
$9,381
Based on 80 transactions
Total Transactions
80
Since Jan 2017
5-Year Trend
▲ +24%
Median price change
Median Price ?
Top 39%
#74 / 192 Top 39%
Latest Sale ?
Top 11%
#21 / 192 Top 11%
Value ($/sqm) ?
Top 12%
#23 / 192 Top 12%
5-Year Growth ?
Top 62%
#86 / 138 Top 62%
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
+4.4%/yr
vs
Lease Decay
−0.18%/yr
Growth assumption
Based on this block’s +24% 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 87 years remaining 99 years
87 years 11 months
Remaining lease
↓ 0.18%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 87 years remaining, decay is gradual (~0.18%/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
Apr 2026 28 TO 30 4 ROOM 96 sqm $1,180,000 $12,292
Apr 2026 01 TO 03 4 ROOM 88 sqm $970,000 $11,023
Feb 2026 13 TO 15 3 ROOM 63 sqm $760,000 $12,063
Feb 2026 01 TO 03 4 ROOM 88 sqm $950,000 $10,795
Jun 2025 28 TO 30 4 ROOM 88 sqm $1,038,888 $11,806
Apr 2025 25 TO 27 3 ROOM 63 sqm $785,000 $12,460
Apr 2025 22 TO 24 3 ROOM 63 sqm $760,000 $12,063
Oct 2024 31 TO 33 4 ROOM 96 sqm $1,050,000 $10,938
Sep 2024 01 TO 03 5 ROOM 114 sqm $1,023,000 $8,974
Sep 2024 10 TO 12 4 ROOM 96 sqm $1,048,000 $10,917
Aug 2024 04 TO 06 3 ROOM 63 sqm $600,000 $9,524
Jul 2024 04 TO 06 3 ROOM 63 sqm $595,000 $9,444
May 2024 10 TO 12 3 ROOM 63 sqm $660,000 $10,476
May 2024 16 TO 18 4 ROOM 88 sqm $991,000 $11,261
Apr 2024 16 TO 18 3 ROOM 63 sqm $685,000 $10,873
Apr 2024 28 TO 30 3 ROOM 63 sqm $720,000 $11,429
Apr 2024 31 TO 33 3 ROOM 63 sqm $740,000 $11,746
Mar 2024 04 TO 06 3 ROOM 63 sqm $575,000 $9,127
Jan 2024 19 TO 21 4 ROOM 93 sqm $950,000 $10,215
Dec 2023 28 TO 30 4 ROOM 96 sqm $1,000,000 $10,417
Showing 20 of 80 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 53 Commonwealth Drive

Block 53 at Commonwealth Drive is a residential HDB block in Queenstown, Singapore, built in 2015 with approximately 87 years remaining on its 99-year lease. The block contains 3 room, 4 room, 5 room flats, with resale prices ranging from $465,000 to $1,180,000 based on 80 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 28 TO 30 sold for $1,180,000 in 2026-04. The current median price per square metre is $9,381. Over the past five years, resale prices at this block have increased by approximately 24%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9514, with an annual lease decay rate of approximately 0.18%. 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 53 Commonwealth Drive worth?

The most recent resale transaction at Block 53 Commonwealth Drive was $1,180,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $9,381, based on 80 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 53 Commonwealth Drive?

Block 53 Commonwealth Drive was built in 2015 and has approximately 87 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.18%, meaning the leasehold value decreases by approximately 0.18% per year at the current remaining lease.

What flat types are available at Block 53 Commonwealth Drive?

Block 53 Commonwealth Drive in Queenstown contains 3 room, 4 room, 5 room flats. Resale prices range from $465,000 to $1,180,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 53 Commonwealth Drive gone up or down?

Resale prices at Block 53 Commonwealth Drive have increased by approximately 24% over the past five years. The current median price is $774,000, with the most recent sale at $1,180,000 in 2026-04.

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