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Block 103B Depot Road

4 Room · 5 Room · Built 2002 · 75 years remaining lease MOP Cleared
Latest Sale
$790,000
Apr 2026 · 4 ROOM · Floor 13-15
Median $/sqm
$6,150
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +16.4%
Median price change
Median Price ?
Top 48%
#172 / 360 Top 48%
Latest Sale ?
Top 39%
#142 / 360 Top 39%
Value ($/sqm) ?
Top 52%
#188 / 360 Top 52%
5-Year Growth ?
Top 82%
#226 / 275 Top 82%
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
+3.1%/yr
vs
Lease Decay
−0.29%/yr
Growth assumption
Based on this block’s +16.4% 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 75 years remaining 99 years
75 years 2 months
Remaining lease
↓ 0.29%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 75 years remaining, decay is gradual (~0.29%/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 13 TO 15 4 ROOM 100 sqm $790,000 $7,900
Sep 2025 16 TO 18 5 ROOM 115 sqm $850,000 $7,391
Aug 2022 13 TO 15 4 ROOM 100 sqm $655,000 $6,550
Jun 2022 04 TO 06 4 ROOM 100 sqm $680,000 $6,800
Nov 2021 19 TO 21 5 ROOM 115 sqm $740,000 $6,435
Nov 2021 19 TO 21 5 ROOM 116 sqm $828,000 $7,138
May 2021 04 TO 06 4 ROOM 100 sqm $615,000 $6,150
Apr 2020 01 TO 03 4 ROOM 100 sqm $500,000 $5,000
Oct 2019 10 TO 12 5 ROOM 116 sqm $665,000 $5,733
May 2019 13 TO 15 4 ROOM 100 sqm $580,000 $5,800
May 2019 07 TO 09 5 ROOM 115 sqm $630,000 $5,478
Jun 2018 07 TO 09 4 ROOM 100 sqm $560,000 $5,600
Feb 2018 04 TO 06 5 ROOM 115 sqm $585,000 $5,087
Dec 2017 13 TO 15 4 ROOM 100 sqm $540,000 $5,400
Mar 2017 19 TO 21 5 ROOM 115 sqm $725,000 $6,304
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 103B Depot Road

Block 103B at Depot Road is a residential HDB block in Bukit Merah, Singapore, built in 2002 with approximately 75 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $500,000 to $850,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 13 TO 15 sold for $790,000 in 2026-04. The current median price per square metre is $6,150. Over the past five years, resale prices at this block have increased by approximately 16.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9247, with an annual lease decay rate of approximately 0.29%. 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 103B Depot Road worth?

The most recent resale transaction at Block 103B Depot Road was $790,000 for a 4 room flat in 2026-04. The median price per square metre across all flat types is $6,150, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 103B Depot Road?

Block 103B Depot Road was built in 2002 and has approximately 75 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.29%, meaning the leasehold value decreases by approximately 0.29% per year at the current remaining lease.

What flat types are available at Block 103B Depot Road?

Block 103B Depot Road in Bukit Merah contains 4 room, 5 room flats. Resale prices range from $500,000 to $850,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 103B Depot Road gone up or down?

Resale prices at Block 103B Depot Road have increased by approximately 16.4% over the past five years. The current median price is $655,000, with the most recent sale at $790,000 in 2026-04.

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