Skip to content

Block 114 Depot Road

5 Room · Built 1976 · 49 years remaining lease · Updated Jun 2026 MOP Cleared

Block 114 Depot Road has 17 recorded HDB resale transactions since 2017. Latest sale: $690,000 (Jun 2026, 5 room, floors 01–03). Median $5,000/sqm. Prices up 21.8% over the past five years. Built 1976, 49 years lease remaining.

Latest Sale
$690,000
Jun 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$5,000
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +21.8%
Median price change
Median Price ?
Top 57%
#205 / 360 Top 57%
Latest Sale ?
Top 56%
#200 / 360 Top 56%
Value ($/sqm) ?
Top 94%
#338 / 360 Top 94%
5-Year Growth ?
Top 61%
#173 / 283 Top 61%
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%/yr
vs
Lease Decay
−0.78%/yr
Growth assumption
Based on this block’s +21.8% 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 49 years remaining 99 years
49 years 6 months
Remaining lease
↓ 0.78%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.78%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
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
5-Room $3,975 typically $3,800–$4,250 6.8% 8 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).
All Transactions
Date Floor Type Area Price $/sqm
Jun 2026 01 TO 03 5 ROOM 114 sqm $690,000 $6,053
Feb 2026 19 TO 21 5 ROOM 117 sqm $750,000 $6,410
Oct 2025 22 TO 24 5 ROOM 117 sqm $688,000 $5,880
Sep 2025 07 TO 09 5 ROOM 117 sqm $720,000 $6,154
Oct 2023 10 TO 12 5 ROOM 117 sqm $780,000 $6,667
Jun 2023 16 TO 18 5 ROOM 117 sqm $730,000 $6,239
Feb 2023 04 TO 06 5 ROOM 117 sqm $680,000 $5,812
May 2022 04 TO 06 5 ROOM 119 sqm $570,000 $4,790
Nov 2021 07 TO 09 5 ROOM 119 sqm $590,000 $4,958
Sep 2021 22 TO 24 5 ROOM 119 sqm $588,000 $4,941
Aug 2021 13 TO 15 5 ROOM 117 sqm $610,000 $5,214
Jun 2021 22 TO 24 5 ROOM 114 sqm $570,000 $5,000
Feb 2021 16 TO 18 5 ROOM 119 sqm $568,000 $4,773
Jan 2021 01 TO 03 5 ROOM 117 sqm $535,000 $4,573
Jul 2020 10 TO 12 5 ROOM 117 sqm $550,000 $4,701
Dec 2019 25 TO 27 5 ROOM 119 sqm $575,000 $4,832
Nov 2018 19 TO 21 5 ROOM 117 sqm $568,000 $4,855
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 114 Depot Road

Block 114 at Depot Road is a residential HDB block in Bukit Merah, Singapore, built in 1976 with approximately 49 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $535,000 to $780,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 01 TO 03 sold for $690,000 in 2026-06. The current median price per square metre is $5,000. Over the past five years, resale prices at this block have increased by approximately 21.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8178, with an annual lease decay rate of approximately 0.78%. 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 114 Depot Road worth?

The most recent resale transaction at Block 114 Depot Road was $690,000 for a 5 room flat in 2026-06. The median price per square metre across all flat types is $5,000, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 114 Depot Road?

Block 114 Depot Road was built in 1976 and has approximately 49 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 0.78%, meaning the leasehold value decreases by approximately 0.78% per year at the current remaining lease.

What flat types are available at Block 114 Depot Road?

Block 114 Depot Road in Bukit Merah contains 5 room flats. Resale prices range from $535,000 to $780,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 114 Depot Road gone up or down?

Resale prices at Block 114 Depot Road have increased by approximately 21.8% over the past five years. The current median price is $590,000, with the most recent sale at $690,000 in 2026-06.

Link copied to clipboard