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Block 2 Dover Road

3 Room · 5 Room · Built 1975 · 49 years remaining lease · Updated May 2025 MOP Cleared

Block 2 Dover Road has 15 recorded HDB resale transactions since 2017. Latest sale: $400,000 (May 2025, 3 room, floors 01–03). Median $5,027/sqm. Prices up 16% over the past five years. Built 1975, 49 years lease remaining.

Latest Sale
$400,000
May 2025 · 3 ROOM · Floor 01-03
Median $/sqm
$5,027
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +16%
Median price change
Median Price ?
Top 78%
#149 / 192 Top 78%
Latest Sale ?
Top 72%
#139 / 192 Top 72%
Value ($/sqm) ?
Top 83%
#159 / 192 Top 83%
5-Year Growth ?
Top 80%
#112 / 140 Top 80%
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%/yr
vs
Lease Decay
−0.79%/yr
Growth assumption
Based on this block’s +16% 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 3 months
Remaining lease
↓ 0.79%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.79%/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
3-Room $3,000 typically $2,800–$3,250 9% 16 rentals here
5-Room $4,400 typically $4,000–$4,700 4.4% 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.
All Transactions
Date Floor Type Area Price $/sqm
May 2025 01 TO 03 3 ROOM 73 sqm $400,000 $5,479
Feb 2024 04 TO 06 3 ROOM 65 sqm $335,000 $5,154
Oct 2023 04 TO 06 3 ROOM 65 sqm $343,000 $5,277
Oct 2023 01 TO 03 3 ROOM 65 sqm $355,000 $5,462
Dec 2021 07 TO 09 3 ROOM 65 sqm $380,000 $5,846
Nov 2021 07 TO 09 3 ROOM 65 sqm $322,500 $4,962
Feb 2021 01 TO 03 3 ROOM 65 sqm $270,000 $4,154
Jan 2021 07 TO 09 3 ROOM 73 sqm $367,000 $5,027
Dec 2020 07 TO 09 3 ROOM 65 sqm $308,888 $4,752
Jun 2020 10 TO 12 3 ROOM 65 sqm $292,000 $4,492
May 2019 04 TO 06 3 ROOM 65 sqm $275,000 $4,231
Mar 2019 10 TO 12 3 ROOM 73 sqm $376,000 $5,151
Feb 2019 07 TO 09 3 ROOM 65 sqm $278,000 $4,277
Sep 2018 10 TO 12 3 ROOM 65 sqm $280,000 $4,308
Jul 2018 04 TO 06 5 ROOM 147 sqm $849,000 $5,776
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 2 Dover Road

Block 2 at Dover Road is a residential HDB block in Queenstown, Singapore, built in 1975 with approximately 49 years remaining on its 99-year lease. The block contains 3 room, 5 room flats, with resale prices ranging from $270,000 to $849,000 based on 15 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 01 TO 03 sold for $400,000 in 2025-05. The current median price per square metre is $5,027. Over the past five years, resale prices at this block have increased by approximately 16%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8163, with an annual lease decay rate of approximately 0.79%. 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 2 Dover Road worth?

The most recent resale transaction at Block 2 Dover Road was $400,000 for a 3 room flat in 2025-05. The median price per square metre across all flat types is $5,027, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 2 Dover Road?

Block 2 Dover Road was built in 1975 and has approximately 49 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.79%, meaning the leasehold value decreases by approximately 0.79% per year at the current remaining lease.

What flat types are available at Block 2 Dover Road?

Block 2 Dover Road in Queenstown contains 3 room, 5 room flats. Resale prices range from $270,000 to $849,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 2 Dover Road gone up or down?

Resale prices at Block 2 Dover Road have increased by approximately 16% over the past five years. The current median price is $335,000, with the most recent sale at $400,000 in 2025-05.

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