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Block 28 Ghim Moh Link

4 Room · 5 Room · Built 2013 · 85 years remaining lease · Updated May 2026 MOP Cleared

Block 28 Ghim Moh Link has 65 recorded HDB resale transactions since 2017. Latest sale: $758,000 (May 2026, 4 room, floors 01–03). Median $8,641/sqm. Prices up 22.1% over the past five years. Built 2013, 85 years lease remaining.

Latest Sale
$758,000
May 2026 · 4 ROOM · Floor 01-03
Median $/sqm
$8,641
Based on 65 transactions
Total Transactions
65
Since Jan 2017
5-Year Trend
▲ +22.1%
Median price change
Median Price ?
Top 27%
#52 / 192 Top 27%
Latest Sale ?
Top 54%
#103 / 192 Top 54%
Value ($/sqm) ?
Top 22%
#42 / 192 Top 22%
5-Year Growth ?
Top 68%
#95 / 140 Top 68%
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
+4.1%/yr
vs
Lease Decay
−0.19%/yr
Growth assumption
Based on this block’s +22.1% 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 85 years remaining 99 years
85 years 11 months
Remaining lease
↓ 0.19%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 85 years remaining, decay is gradual (~0.19%/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
4-Room $4,100 typically $3,400–$4,500 4.8% 10 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 2 popular schools. 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 2026 01 TO 03 4 ROOM 92 sqm $758,000 $8,239
Apr 2026 19 TO 21 5 ROOM 113 sqm $1,288,888 $11,406
Dec 2025 22 TO 24 4 ROOM 92 sqm $1,020,000 $11,087
Oct 2025 04 TO 06 4 ROOM 92 sqm $920,000 $10,000
Sep 2025 34 TO 36 4 ROOM 92 sqm $1,030,000 $11,196
Jul 2025 37 TO 39 5 ROOM 113 sqm $1,280,000 $11,327
Jun 2025 37 TO 39 4 ROOM 92 sqm $1,050,000 $11,413
May 2025 01 TO 03 4 ROOM 92 sqm $800,000 $8,696
Oct 2024 04 TO 06 5 ROOM 113 sqm $1,155,000 $10,221
Jul 2024 01 TO 03 4 ROOM 93 sqm $790,000 $8,495
May 2024 16 TO 18 4 ROOM 92 sqm $920,000 $10,000
Feb 2024 04 TO 06 4 ROOM 93 sqm $820,000 $8,817
Jun 2023 07 TO 09 4 ROOM 92 sqm $810,000 $8,804
Jun 2023 31 TO 33 4 ROOM 92 sqm $900,000 $9,783
Mar 2023 34 TO 36 4 ROOM 92 sqm $900,000 $9,783
Jan 2023 22 TO 24 4 ROOM 92 sqm $863,000 $9,380
Dec 2022 37 TO 39 4 ROOM 92 sqm $900,000 $9,783
Sep 2022 04 TO 06 4 ROOM 92 sqm $710,000 $7,717
Aug 2022 10 TO 12 4 ROOM 92 sqm $795,000 $8,641
Jul 2022 16 TO 18 4 ROOM 92 sqm $860,000 $9,348
Showing 20 of 65 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 28 Ghim Moh Link

Block 28 at Ghim Moh Link is a residential HDB block in Queenstown, Singapore, built in 2013 with approximately 85 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $630,000 to $1,288,888 based on 65 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $758,000 in 2026-05. The current median price per square metre is $8,641. Over the past five years, resale prices at this block have increased by approximately 22.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9480, with an annual lease decay rate of approximately 0.19%. 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 28 Ghim Moh Link worth?

The most recent resale transaction at Block 28 Ghim Moh Link was $758,000 for a 4 room flat in 2026-05. The median price per square metre across all flat types is $8,641, based on 65 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 28 Ghim Moh Link?

Block 28 Ghim Moh Link was built in 2013 and has approximately 85 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 0.19%, meaning the leasehold value decreases by approximately 0.19% per year at the current remaining lease.

What flat types are available at Block 28 Ghim Moh Link?

Block 28 Ghim Moh Link in Queenstown contains 4 room, 5 room flats. Resale prices range from $630,000 to $1,288,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 28 Ghim Moh Link gone up or down?

Resale prices at Block 28 Ghim Moh Link have increased by approximately 22.1% over the past five years. The current median price is $820,000, with the most recent sale at $758,000 in 2026-05.

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