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Block 8 Ghim Moh Road

5 Room · Built 1977 · 49 years remaining lease · Updated May 2026 MOP Cleared

Block 8 Ghim Moh Road has 18 recorded HDB resale transactions since 2017. Latest sale: $830,000 (May 2026, 5 room, floors 07–09). Median $6,689/sqm. Prices up 8.8% over the past five years. Built 1977, 49 years lease remaining.

Latest Sale
$830,000
May 2026 · 5 ROOM · Floor 07-09
Median $/sqm
$6,689
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +8.8%
Median price change
Median Price ?
Top 40%
#77 / 192 Top 40%
Latest Sale ?
Top 44%
#85 / 192 Top 44%
Value ($/sqm) ?
Top 51%
#98 / 192 Top 51%
5-Year Growth ?
Top 91%
#127 / 140 Top 91%
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
+1.7%/yr
vs
Lease Decay
−0.77%/yr
Growth assumption
Based on this block’s +8.8% 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 8 months
Remaining lease
↓ 0.77%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.77%/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 Queenstown average.

Flat type Median rent /mo Gross yield Based on
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).
All Transactions
Date Floor Type Area Price $/sqm
May 2026 07 TO 09 5 ROOM 119 sqm $830,000 $6,975
May 2025 01 TO 03 5 ROOM 114 sqm $765,000 $6,711
Feb 2025 01 TO 03 5 ROOM 117 sqm $720,000 $6,154
Sep 2024 19 TO 21 5 ROOM 117 sqm $908,000 $7,761
Apr 2024 10 TO 12 5 ROOM 117 sqm $818,000 $6,991
Feb 2023 19 TO 21 5 ROOM 117 sqm $875,000 $7,479
Sep 2022 25 TO 27 5 ROOM 117 sqm $868,000 $7,419
Aug 2022 10 TO 12 5 ROOM 117 sqm $780,000 $6,667
Aug 2021 16 TO 18 5 ROOM 117 sqm $748,000 $6,393
Jul 2021 19 TO 21 5 ROOM 119 sqm $865,000 $7,269
Apr 2021 25 TO 27 5 ROOM 119 sqm $658,000 $5,529
Feb 2021 01 TO 03 5 ROOM 117 sqm $650,000 $5,556
Sep 2020 22 TO 24 5 ROOM 119 sqm $808,888 $6,797
Apr 2019 13 TO 15 5 ROOM 117 sqm $730,000 $6,239
Oct 2018 13 TO 15 5 ROOM 114 sqm $740,000 $6,491
Dec 2017 16 TO 18 5 ROOM 119 sqm $815,000 $6,849
Nov 2017 01 TO 03 5 ROOM 119 sqm $705,000 $5,924
Jun 2017 01 TO 03 5 ROOM 114 sqm $600,000 $5,263
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 8 Ghim Moh Road

Block 8 at Ghim Moh Road is a residential HDB block in Queenstown, Singapore, built in 1977 with approximately 49 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $600,000 to $908,000 based on 18 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $830,000 in 2026-05. The current median price per square metre is $6,689. Over the past five years, resale prices at this block have increased by approximately 8.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8189, with an annual lease decay rate of approximately 0.77%. 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 8 Ghim Moh Road worth?

The most recent resale transaction at Block 8 Ghim Moh Road was $830,000 for a 5 room flat in 2026-05. The median price per square metre across all flat types is $6,689, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 8 Ghim Moh Road?

Block 8 Ghim Moh Road was built in 1977 and has approximately 49 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.77%, meaning the leasehold value decreases by approximately 0.77% per year at the current remaining lease.

What flat types are available at Block 8 Ghim Moh Road?

Block 8 Ghim Moh Road in Queenstown contains 5 room flats. Resale prices range from $600,000 to $908,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 8 Ghim Moh Road gone up or down?

Resale prices at Block 8 Ghim Moh Road have increased by approximately 8.8% over the past five years. The current median price is $772,500, with the most recent sale at $830,000 in 2026-05.

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