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Block 164 Gangsa Road

4 Room · 5 Room · Built 1998 · 71 years remaining lease · Updated Nov 2025 MOP Cleared

Block 164 Gangsa Road has 18 recorded HDB resale transactions since 2017. Latest sale: $840,000 (Nov 2025, 5 room, floors 04–06). Median $5,321/sqm. Prices up 25% over the past five years. Built 1998, 71 years lease remaining.

Latest Sale
$840,000
Nov 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$5,321
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +25%
Median price change
Median Price ?
Top 17%
#56 / 335 Top 17%
Latest Sale ?
Top 11%
#38 / 335 Top 11%
Value ($/sqm) ?
Top 14%
#46 / 335 Top 14%
5-Year Growth ?
Top 83%
#202 / 243 Top 83%
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
+4.6%/yr
vs
Lease Decay
−0.33%/yr
Growth assumption
Based on this block’s +25% 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 71 years remaining 99 years
71 years 7 months
Remaining lease
↓ 0.33%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 71 years remaining, decay is gradual (~0.33%/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). This block has too few rentals on record, so figures shown are the Bukit Panjang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,000 typically $2,850–$3,200 6.3% Bukit Panjang avg · block too thin
5-Room $3,250 typically $3,100–$3,450 5.5% Bukit Panjang 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).
All Transactions
Date Floor Type Area Price $/sqm
Nov 2025 04 TO 06 5 ROOM 120 sqm $840,000 $7,000
Jul 2025 16 TO 18 5 ROOM 120 sqm $888,888 $7,407
Feb 2025 16 TO 18 5 ROOM 120 sqm $850,000 $7,083
Apr 2023 16 TO 18 4 ROOM 102 sqm $645,000 $6,324
Jan 2023 22 TO 24 4 ROOM 102 sqm $645,000 $6,324
Oct 2022 16 TO 18 4 ROOM 102 sqm $630,888 $6,185
May 2021 16 TO 18 5 ROOM 120 sqm $680,000 $5,667
Dec 2020 01 TO 03 5 ROOM 120 sqm $538,000 $4,483
Nov 2020 10 TO 12 4 ROOM 102 sqm $560,000 $5,490
Nov 2020 04 TO 06 4 ROOM 102 sqm $500,000 $4,902
Aug 2020 19 TO 21 4 ROOM 102 sqm $550,000 $5,392
Jun 2020 01 TO 03 4 ROOM 102 sqm $450,000 $4,412
Apr 2019 22 TO 24 5 ROOM 120 sqm $630,000 $5,250
Feb 2019 13 TO 15 4 ROOM 102 sqm $510,000 $5,000
Jul 2018 04 TO 06 4 ROOM 102 sqm $500,000 $4,902
Jun 2018 22 TO 24 5 ROOM 120 sqm $615,000 $5,125
Sep 2017 16 TO 18 4 ROOM 102 sqm $470,000 $4,608
Sep 2017 16 TO 18 4 ROOM 102 sqm $470,000 $4,608
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 164 Gangsa Road

Block 164 at Gangsa Road is a residential HDB block in Bukit Panjang, Singapore, built in 1998 with approximately 71 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $450,000 to $888,888 based on 18 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $840,000 in 2025-11. The current median price per square metre is $5,321. Over the past five years, resale prices at this block have increased by approximately 25%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9148, with an annual lease decay rate of approximately 0.33%. 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 164 Gangsa Road worth?

The most recent resale transaction at Block 164 Gangsa Road was $840,000 for a 5 room flat in 2025-11. The median price per square metre across all flat types is $5,321, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 164 Gangsa Road?

Block 164 Gangsa Road was built in 1998 and has approximately 71 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.33%, meaning the leasehold value decreases by approximately 0.33% per year at the current remaining lease.

What flat types are available at Block 164 Gangsa Road?

Block 164 Gangsa Road in Bukit Panjang contains 4 room, 5 room flats. Resale prices range from $450,000 to $888,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 164 Gangsa Road gone up or down?

Resale prices at Block 164 Gangsa Road have increased by approximately 25% over the past five years. The current median price is $587,500, with the most recent sale at $840,000 in 2025-11.

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